Although negotiations regarding the method of capping electricity and gas prices are still ongoing, both at the national level and in the EU, the Government of the Czech Republic has already issued the expected amendment specifying the capping of energy prices for large enterprises.
Eversheds Sutherland and Tovarek, Horky and Partners Advise on TSR Acquisition of Barko
Eversheds Sutherland has advised Remondis Group company TSR Czech Republic on its acquisition of Barko. Tovarek, Horky and Partners advised the sellers.
Closing: Lagardere Acquisition of Costa Coffee Shops in Poland and Latvia Now Closed
On March 8, 2023, Eversheds Sutherland announced that Lagardere’s acquisition of the Costa Coffee Group’s Polish and Latvian subsidiaries (reported by CEE Legal Matters on October 7, 2021) had closed.
Did You Know: Most Prolific 2023 Thought Leaders
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, two CEE lawyers have already authored or co-authored eight thought leadership articles published on the CEE Legal Matters website this year, more than anyone else in the region?
Eversheds Sutherland and CMS Advise on Eika Real Estate Fund Acquisition of Celebro Building in Warsaw
Eversheds Sutherland has advised the Eika Real Estate Fund – represented by Eika Asset Management – on the acquisition of the Celebro office building in Warsaw from White Stone Development. CMS advised the sellers.
Changes in the Regime for Admission of Citizens of Third Countries for the Purposes of Highly Qualified Employment in Bulgaria
On January 25, 2023, was promulgated an Act to Amend and Supplement the Labor Migration and Labor Mobility Act (“AAS the LMLMA”), adopted by the 48th National Assembly on January 19, 2023. The changes concern the conditions for entry and residence of citizens of countries outside the European Union (“EU”) on the territory of the Republic of Bulgaria for the purposes of highly qualified employment, as well as the procedure for issuing a long-term residence and work permit of the “European Union Blue Card” type, which is regulated by the Foreigners in the Republic of Bulgaria Act (“FRBA”) and the regulations for its application.
Call for Applications for Energy Subsidies Published
We guide you through the current overview of energy subsidy applications.
TOP 10 Employment Law Case in 2022
A traditional selection of Czech TOP 10 case law in 2022, which should not escape your attention.
Discount on Insurance Premiums for Employers
On 1 February 2023, an amendment to Act No. 589/1992 Coll., on social security premiums and premiums to state employment policy, will come into force. The amendment introduces a discount on insurance premiums for employers who, on a part-time basis, employ designated groups of employees for whom it is usually more difficult to find employment on the labour market.
TGS Baltic and Eversheds Sutherland Advised on Eco Baltia EUR 8 Million Bond Issuance
TGS Baltic has advised Eco Baltia on its inaugural EUR 8 million issuance of three-year bonds. Eversheds Sutherland acted as trustee for the issuance.
Control Plan of The Office for Personal Data Protection for 2023
The Office for Personal Data Protection (the "Office") has published its control plan for 2023.
Compilation of Key Legal Developments About Health and Life Science
The new act on the limitation of the environmental impact of selected plastic products (the “Act”) is a transposition of the European Directives 2008/98/EC on waste and in particular the 2019/904 on the reduction of the impact of certain plastic products on the environment.
Top 8 Selected Legislative Changes For 2023
We summarize an overview of selected legislative changes applicable for 2023. However, there are other major changes to be expected this year, such as a major amendment to the Labour Code, the adoption of the Whistleblower Protection Act or an amendment to the Employment Act. We will, of course, inform you about these changes as soon as their final form is known.
Bulgaria Finally Transposed the Whistleblowing Directive
On 27 January 2023, after more than a year of delay, the Bulgarian parliament adopted Act on the protection of persons who report breaches ("Whistleblowing Act"). The Whistleblowing Act finally transposes the Whistleblowing Directive (Directive (EU) 2019/1937) beyond the deadline of 17 December 2021 for all member states. The Whistleblowing Act enters into force within 3 months as from its publication in the State Gazette, which was made on 2 February 2023.
The Czech Republic Government Adopts a Long-Awaited Amendment Changing Rules for Energy Price Caps Applicable to Large Enterprises
In accordance with a contemplated change of the existing EU Temporary Crisis Framework rules stipulating for state aid limits applicable to the whole European Economic Area, the amended Czech Government Regulation sets forth Czech national limits applicable to delivery points in the Czech Republic.
Compulsory Rail Transport of Waste in Austria as of 1 January 2023
Waste transports with a total quantity of more than 10 tonnes must be carried out by rail or other means of transport with equivalent or lower pollutant or greenhouse gas potential (e.g. propulsion by means of fuel cell or electric motor). The decisive factor is the transport distance covered in Austria, which will gradually decrease. From 1 January 2023, this obligation applies to a transport distance of 300 km or more; from 1 January 2024, the distance will be only 200 km.
The Czech Republic Significant Market Power Act Fundamentally Redesigned
As of 1 January 2023, a significant amendment to the Act on Significant Market Power takes effect.
Dmitri Zdobnoh Makes Partner at Eversheds Sutherland
Former Senior Associate Dmitri Zdobnoh has been appointed a Partner with Eversheds Sutherland Estonia as of January 1, 2023.