NEWS & PUBLICATIONS

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.

New Act on Protection of Competition

The new Act on Protection of Competition brings many important changes that everyone doing business in Slovakia should be aware of.

Slovak Legal Newsflash

The employers complain on a long term basis that the Labour Code is outdated, not flexible and does not meet the current demands of society. The amendment to the Labour Code introduces a new reason allowing the employer to terminate the employment relationship with a particular employee.

Important Changes in Slovak Corporate Law

Slovak Corporate Law is a living organism – the legislator frequently amends the Commercial Code as a reaction to current issues of corporate law. The latest Commercial Code Amendment has introduced changes that may influence many businesses. The most important changes are highlighted in this article.

Discount for Defects

The statutory regulation of claims arising from defective piece of work appears to be clear. Should the defects represent a material breach of contract, the injured party can choose from several applicable remedies, such as repair of defects, price discount or withdrawal from the contract.