This article provides an up-to-date overview of the currently existing FDI regimes in Hungary.
FDI Screening in Slovenia
This article provides an up-to-date overview of the currently existing FDI regimes in Slovenia.
Wolf Theiss and Schoenherr Advise on Jade Power's Sale of Romanian Renewable Energy Portfolio to Enery
Wolf Theiss, working with Aird & Berliss, has advised Jade Power Trust on the sale of its portfolio of six renewable energy projects to Enery Power Holding. Schoenherr advised the buyer.
FDI Screening in Slovakia
New investment screening legislation entered into force on 1 March 2021. Under the new FDI regime the acquisition of a shareholding in certain designated entities or of the business of these entities needs to be reported and may be subject to approval of the Slovak Government.
Schoenherr Advises Nord Holding on Acquisition of Heizkurier Group
Schoenherr, working with Noerr, has advised Nord Holding on the acquisition of a majority stake in the Heizkurier Group from Odewald KMU. Heuking and Ebner Stolz reportedly advised the sellers on the deal.
Moldova: New Law on E-Signature
On 19 May 2022, the Moldovan Parliament voted on the new Law on Electronic Identification and Trust Services ("Law 124/2022"). Law 124/2022 will enter into force on 10 December 2022 and replaces the currently existing Law on Electronic Signature and Electronic Document ("Law 91/2014"). This replacement seeks to align the national legislation in the field of electronic signature with European norms, namely the harmonisation with Regulation (EU) No 910/2014 of the European Parliament and of the Council of 23 July 2014 on electronic identification and trust services for electronic transactions in the internal market and repealing Directive 1999/93/EC.
FDI Screening in Serbia
Serbia does not have a foreign investment screening regime comparable to European regimes shaped by the EU FDI Screening Regulation. Rather, Serbia operates a single-sector authorisation system covering the defence sector.
Bulgarian Whistleblowing Woes – A CEE Legal Matters Round Table
Hosted by Penkov, Markov & Partners, nine lawyers from Bulgaria – six working in-house and three in private practice – sat down for a round table conversation to discuss the EU Whistleblowing Directive and how it will impact companies in the country.
Probationary Period and Discrimination in Light of Czech Case Law
It is common for employers and employees to agree on a probationary period in the employment contract. The employee can check whether the type of work, place of work and the wage or other working conditions suit them, while the employer can use the probationary period to assess whether the employee is meeting its expectations. During the probationary period, each party can decide whether they wish to remain in the employment relationship or to terminate it.
The Three Things You Should Know About Czech Employment Even If You Are Not a Fan of HR
Even if your main focus is on developing your business and you think that the keys to HR are solid wages and an interesting benefits package, there are still some important issues in Czech employment law you should be aware of.
Round Six: The European Union Ban on Russian Energy Imports
The sixth package of European Union sanctions imposed on Russia is a widely discussed topic, yet the overall levels of preparedness to adopt the associated energy import ban varies from one country to another. Indeed, with Russian oil and gas exports being such a dominant source of energy for a number of European countries, it remains to be seen how all of them adapt to the change. To gain insight into how certain EU member states and non-EU countries are (likely) to fare in the immediate wake of the ban, we reached out to legal professionals from Turkey, Poland, Bulgaria, the Czech Republic, and Moldova.
Schoenherr Advises Alfa Laval on Scanjet Acquisition
Schoenherr, working with Mannheimer Swartling, has advised Alfa Laval Corporate on its acquisition of Scanjet Systems.
FDI Screening in Romania
This article provides an up-to-date overview of the currently existing FDI regimes in Romania.
Schoenherr and Brandl Talos Advise on Ancla Logistik’s Merger with Logsta
Schoenherr, working with WSS Redpoint, has advised Ancla Logistik on its merger with Logsta and the simultaneous conversion of existing revenue-based venture debt provided by Round2 Capital to Logsta. Brandl Talos, working with Ypog advised Logsta. Herbst Kinsky reportedly advised Round2 Capital.
Hungarian Competition Authority to Propose Sustainable Product Routes and Boost Domestic Production in the Insulation Materials Market
In August 2022 the Hungarian Competition Authority (GVH) closed its accelerated sector inquiry into the market for insulation materials, providing recommendations to manufacturers, the public, waste management operators and the legislator, aiming for a decrease in product prices.
Schoenherr Advises KKCG and Aricoma Group International on Acquisition of Musala Soft
Schoenherr has advised the KKCG Group and its portfolio company Aricoma Group International on the acquisition of Bulgarian software company Musala Soft and its subsidiaries. CMS reportedly advised the sellers.
Did You Know: Kinstellar's Jan Juroska Setting the Pace on Czech Deal Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Kinstellar Partner Jan Juroska has worked on 37 reported deals since 2013 – far and away the most of any lawyer in the Czech Republic?
FDI Screening in Montenegro
Montenegro does not have a foreign investment screening regime comparable to those emerging now in European Union in light of the EU FDI Screening Regulation. It operates a sector-specific authorisation system covering the defence sector.