On May 22, 2023, CEE Legal Matters reported that Wolf Theiss, working with Milbank, had advised the initial purchasers and lenders on Salzburg-based Benteler Group’s capital market debut issuance and loans amounting to over EUR 2 billion. CEELM reached out to Wolf Theiss Partner Matthias Schimka to learn more about the matter.

E+H has advised EcoWind on the sale of the Steinberger Alpe wind farm and the Soboth wind turbine to Kelag in an international bidding process.

Taylor Wessing has advised wind energy technology company SkySpecs on the acquisition of i4SEE.

Cerha Hempel has advised OMV on the sale of its Avanti-branded service stations in Germany to PKN Orlen Group's Orlen Deutschland.

Former PwC Legal Attorney at Law Simon Baier has launched the eponymous SHB Law Office Simon Harald Baier.

Rautner Rechtsanwaelte has advised Gugelsolar GesmbH and Erste Bank on their construction and financing of the Sonnenfeld Pellendorf agri-photovoltaic system as an addition to the existing Gugelberg wind farm.

Binder Groesswang, working with Willkie Farr & Gallagher, has advised PAI Partners on its acquisition of NovaTaste – formerly the Savory Solutions Group – from International Flavors & Fragrances. Cerha Hempel, working with Cleary Gottlieb, advised the seller.

Contributed by Act Legal WMWP Rechtsanwalte.

Fieldfisher opened an office in Vienna on June 1 with former SCWP Schindhelm Partners and by integrating Meissner & Passin.

Regulation (EU) 2022/2560 on foreign subsidies distorting the internal market (the "FSR") will become applicable this year on 12 July and 12 October (for M&A notifications) respectively.

Wolf Theiss has advised Erste Group Bank on WG Projektiranje’s sale of the Velenjka shopping center in Velenje, Slovenia, to Velenjka doo. The Ptuj-based Mayr law firm reportedly advised the buyer.

EPS (Elektroprivreda Srbije) seeks a strategic partner to design, build, fund, operate and maintain at least 5 new solar power plants.

Former Partner Dominik Zimm has been elevated to an Equity Partner position at DSC Doralt Seist Csoklich.

Hule Bachmayr-Heyda Nordberg has advised Dr. Rinner & Partner on its sale to Assepro Austria. Binder Groesswang reportedly advised Assepro.

Wolf Theiss, working with Milbank, has advised the initial purchasers and lenders on Salzburg-based Benteler Group’s capital market debut issuance and loans amounting to over EUR 2 billion.

Graf Patsch Taucher, working with Bird & Bird, has advised EFESO Management Consultants on the acquisition of shares in Tsetinis Consulting. KPMG Legal Germany reportedly advised the sellers.

Contributed by Schoenherr.

While allegations of corruption continue to make headlines in Austria, the Ministry of Justice responded in January with draft legislation on the Corruption Law Amendment Act 2023.