CMS Austria has advised Oesterreichische Nationalbank on the Felix Austria project, which seeks to modernize the processing of bulk payment transactions in Austria.

Binder Groesswang has advised Lafayette Mittelstand Capital on its acquisition of the elevator cable business from the Gebauer & Griller Group as part of a carve-out. DLA Piper advised Gebauer & Griller on the deal, which closed in early October.

Binder Groesswang, working alongside lead counsel Bird & Bird, has advised European investment fund Cube Infrastructure Fund II on the acquisition of a majority stake in Switzerland's Heliot Group.

CMS has advised Green Source GmbH and its Solar Partners subsidiary on the EUR 66 million financing provided by Kommunalkredit Austria for the construction of power plants in Hungary. Wolf Theiss advised Kommunalkredit Austria.

As of 11 October 2020 the EU FDI Screening Regulation is in force, ending the long wait for a Union framework to screen foreign direct investments. The umbrella spanned by the EU FDI Regulation is a further (crucial) building block in the EU's endeavors to tighten and coordinate the screening of foreign direct investments.

Eisenberger & Herzog, Milbank, and Rojs, Peljhan, Prelesnik & Partners have advised the Sartorius Group on its acquisition of BIA Separations and the merger of is into its subgroup Sartorius Stedim Biotech. Schoenherr advised the unidentified majority shareholder on the sale.

Schoenherr and Sweden's Delphi law firm have advised AddLife on its acquisition of all shares in the DACH Medical Group Holding AG. The unidentified sellers were advised by SCWP Schindhelm.

Cerha Hempel has advised OMV on the sale of its 51% stake in Gas Connect Austria GmbH to Verbund AG. Schoenherr advised Verbund on the EUR 271 million sale.

Former Clear Gottlieb Steen & Hamilton attorney Michael Mayr has become a partner in the Antitrust and Competition team at Cerha Hempel in Vienna.

Schoenherr has advised Austrian fintech Bitpanda on a European Series A financing round, led by Valar Ventures, and including other fintech investors such as Speedinvest. The funding secures USD 52 million to further drive Bitpanda's expansion.

Dentons has assisted the Austrian insurance group UNIQA and CherryHUB, its Hungarian InsurTech subsidiary, enter the German market. 

Former Wolf Theiss Counsel Walter Poschl has joined Taylor Wessing.

Dorda has advised Patrizia AG on the acquisition of the Aira Tower residential project in the Reininghaus district of Graz from Aira Development Group.

Binder Groesswang has advised Austrian cryptocurrency service provider SmartBytes GmbH, which offers digital cryptocurrency management under the name Coinpanion, on a pre-seed financing round.

On July 3, 2020, CEE Legal Matters reported that Cerha Hempel, working alongside Deloitte Legal in Germany, had advised Germany's GBTEC Software + Consulting AG on the acquisition of all shares in Avedos. CEEIHM spoke with Sven van Berge Henegouwen, Partner at GBTEC, to learn more about the deal.

Monika Sturm has been promoted to Equity Partner at Fellner Wratzfeld & Partner, bringing the total number of partners at the firm to ten.

Binder Groesswang and Bird & Bird have advised Blockpit on its acquisition of 21 Consulting.

Former PwC Legal Partner Lukas Roper has joined PHH's Corporate Practice, coming along with former PwC Legal Counsels Dominik Kurzmann and Evgeny Rodionov.