NEWS & PUBLICATIONS
Business Transformation Made Easier
The article analyses the newly adopted Act on Conversions of Commercial Companies and Cooperatives which i.a. creates new legal definitions in the field of conversions, mergers and divisions and brings more transparency for shareholders.
Financial Assistance is Now Legal
With effect from 1 March 2024, the provision of financial assistance by joint stock companies is permitted.
Green Light for Renewable Energy in Slovakia
The production of green energy in Slovakia is steadily growing and keeping pace with other European countries. This provides investors with more opportunities. The new target for 2030 of 42.5 % has recently been approved.
Slovak Labour Law News
The Slovak parliament has recently adopted numerous changes to various aspects of the Labour Code and we are glad to introduce you to the most important ones.
Debtors in Default, Be Aware to File a Petition for Bankruptcy
In general, debtors are obliged to prevent bankruptcy at all times. Unfortunately, this is not always the case. The Slovak parliament has therefore recently adopted a new legislation, which has extended the obligations of a debtor in financial default.
Russian Oil Embargo Fuels Disputes in Slovakia
The invasion of Ukraine by Russian troops sparked countless responses in order to help Ukraine and limit funding of the Russian economy and hustle war. Oil represents one of the greatest incomes of Russia’s state budget.
Price Regulation as Response to Energy Crisis in Slovakia?
Energy markets are constantly facing unpredictable challenges. A long lasting Covid-19 pandemic, significant inflation at the beginning of 2022 and the military aggression by Russia against Ukraine resulted in an extremely adverse situation on the European market with energy commodities.
Preventing Insolvency in Slovakia
Slovakia has adopted a new regulation which shall help companies that have run into financial difficulties. Statistics indicate that up to 65 % of the companies which declared bankruptcy, had been having financial problems for a time period of three years prior to declaring bankruptcy.
Kennen Sie das Wettbewerbsverbot?
Auch Ihr Unternehmen braucht zum Schutz ein Wettbewerbsverbot. In diesem Artikel erfahren Sie, wie das Wettbewerbsverbot im slowakischen Recht ihrem Unternehmen helfen kann.
Wer vertritt die GmbH in der Slowakei?
Ist gemischte Gesamtvertretung nach deutschem Vorbild zulässig? Das Oberste Gericht hat hierzu eine klare Meinung.
Don’t Let Your Employees Go
Employers may face obstacles which force them to limit their business activities and reduce the number of employees. Several lockdowns during the Covid-crisis in the past two years are perfect and fresh examples. To avoid this, a new instrument for maintaining of jobs has been introduced as of March 2022.
Greener Slovakia or Burden to Entrepreneurs?
Slovakia has launched a new mandatory system for single use beverage packaging. The new legislation is inspired by other European countries, where this system is well-established. For many years, it has successfully helped to reduce waste from the streets, CO2 emissions and to facilitate waste separation.