Schoenherr has advised Austrian scale-up Storyblok on its USD 47 million Series B financing round led by Mubadala Capital and HV Capital, with 3VC and Firstminute Capital also participating. E+H advised HV Capital on its investment.

Cerha Hempel, working with Stuttgart-based Hennerkes Kirchdoerfer & Lorz, has advised Germany's Ejot Group on its incorporation of a European Company.

Herbst Kinsky has advised Byrd Technologies on its EUR 50 million Series C financing round led by Cambridge Capital and including Elevator Ventures, Mouro Capital, and Speedinvest.

The Austrian real estate market remains vibrant throughout the country, despite growing construction and energy prices, according to Dorda Partner Magdalena Brandstetter.

Herbst Kinsky, working with Frankfurt-based Skye Partners, has advised Invision AG on the acquisition of the Austrian EduPRO Group from Luxempart German Investments S.A. Orrick's Dusseldorf office reportedly advised EduPRO on the deal.

Eisenberger + Herzog, working with Allen & Overy Germany, has advised the Riverside Company on the acquisition of GFP Handels by its portfolio company Toolport. V. Keussler Rechtsanwalte and GDB Rechtsanwalte reportedly advised the seller.

Herbst Kinsky has advised Rendity and United Benefits Holding on up to EUR 10 million bond issuance.

Florian Stefan has been promoted to Partner at Vavrovsky Heine Marth attorneys at law. 

PHH has advised the MM Group on a EUR 65 million syndicated loan for the reconstruction of the cardboard machine at its Neuss site. Noerr's Frankfurt office reportedly advised IKB Deutsche Industriebank AG on the deal.

Binder Groesswang has advised Cryoshelter GmbH on the entry of Hexagon Composites ASA into its liquid natural gas business segment and the entry of Hexagon Purus ASA into its liquid hydrogen business segment via a minority shareholding with an option for acquiring all shares. SCWP Schindhelm advised Hexagon on the deal.

Schoenherr, working with Hannes Snellmann, has advised HS Timber Group on the acquisition of Luvian Saha. Castren & Snellman reportedly advised the seller.

Brandl Talos has advised Austrian start-up Fretello on its EUR 3 million seed financing round.

Cerha Hempel, working with Clifford Chance Germany, has advised RHI Magnesita on its recycling and disposal joint venture with the Horn & Co Group. Oppenhoff reportedly advised Horn & Co.

BDK Advokati has advised the sellers on the sale of Termoplast Grupa to Greiner Packaging. Divjak Topic Bahtijarevic & Krka and Selih & Partnerji reportedly advised the sellers as well.

Schoenherr has advised the HS Timber Group and Blue Minds on their sale of the Interfloat Corporation and Glasmanufaktur Brandenburg to Borosil Renewables.

PHH Rechtsanwalte has advised Banijay Germany on its acquisition of a stake in Influence.Vision. Dorda advised the sellers.

CEE Legal Matters spoke with CMS Partners Alexander Rakosi, Horea Popescu, Philipp Mark, and Tetyana Dovgan about the impact the rise of ESG is having on the M&A landscape.

The pioneering Austrian legislator is breaking new ground in the area of crypto taxation. Income from cryptocurrencies will no longer be taxed progressively, at up to 55% for individuals, but at a flat rate of 27.5% withholding tax. With these rules, the Austrian legislator has brought clarity to the taxation of crypto assets for the first time and has responded to the increased practical relevance of cryptocurrencies and the need to tax them in line with securities. The previous taxation of crypto assets was mainly based on non-binding information from the homepage of the Austrian Ministry of Finance.