Sorainen has advised the Better Fund on obtaining an activity license from Estonia’s financial supervision and resolution authority.
Law no. 53/2003 - Labour Code (the “Labour Code”) will be amended by Law no. 283/ 2022 for amending and supplementing Law no. 53/2003, as well as by Government Emergency Ordinance no. 57/2019 regarding the Administrative Code, which was published in the Official Gazette of Romania, Part I, no. 1013 of 19.10.2022 (“Law 283/ 2022”).
The Ministry of Economy has officially announced the opening of the call for submission of applications under the state aid scheme regulated by Government Decision no. GD 959/2022 for financing assets and/or salary costs. The period for submitting financing requests is scheduled between 1 November 2022 to 16 December 2022, when investors may file the relevant documentation.