On 22 March 2023, an amendment to the Transnational Provision of Services Act (Zakon o čezmejnem izvajanju storitev – ZČmIS-1, “Act on Cross-Border Services“) was adopted and partially came into force on 18 April 2023, with individual provisions becoming effective on 1 January 2024.
ODI Law and Wolf Theiss Advise on SHS Capital EUR 18 Million Investment in MESI Medical
ODI Law has advised Slovenian diagnostic company MESI on the EUR 18 million investment received from SHS Capital's SHS VI Healthcare Investments fund. Wolf Theiss advised the investor.
European Commission Adopts Merger Simplification Package – Cutting Red Tape for Merging Businesses?
On April 20, 2023, the European Commission ("Commission") adopted a merger simplification package ("Package") aimed at simplifying the Commission's review of concentrations under the EU Merger Regulation. The core of the Package is the expansion of the categories of cases which can be treated under the Commission's simplified procedure. In addition, the Package aims to streamline the review of simplified and non-simplified cases by introducing new notification forms.
Evidence Regulation on the Verge of Becoming a Reality
Securing e-evidence and establishing efficient procedures is key.
Employment Brief: Regulatory updates from Slovenia
A couple of legislative changes that affect working parents, foreign employees and posted employees recently came into effect in Slovenia.
Wolf Theiss Advises PolSolar on 250-Megawatt Solar Plant Development in Hungary
Wolf Theiss has advised a group of investors represented by PolSolar on the engineering, procurement, and construction of a 250-megawatt solar power plant in Mezocsat, Hungary.
Austria: Latest Developments in the Real Estate Market
The Austrian real estate market has been characterized by steady growth over the last decade, driven by a strong economy, low-interest rates, and increasing demand from both local and foreign buyers.
A Closer Look: Wolf Theiss' Matthias Schimka on the EUR 2 Billion Financing for the Benteler Group
On May 22, 2023, CEE Legal Matters reported that Wolf Theiss, working with Milbank, had advised the initial purchasers and lenders on Salzburg-based Benteler Group’s capital market debut issuance and loans amounting to over EUR 2 billion. CEELM reached out to Wolf Theiss Partner Matthias Schimka to learn more about the matter.
Wolf Theiss Advises Sekyra Group on Forward Sale of Affordable Housing Project in Prague
Wolf Theiss has advised the Sekyra Group on its forward sale of the Opatov II residential project to Dostupne Bydleni Ceske Sporitelny and the Vienna Insurance Group's Kooperativa Pojistovna.
Closing: Sale of BNP Paribas Personal Finance Bulgaria to Eurobank Now Closed
In June 2023, Boyanov & Co announced that the sale of BNP Paribas Personal Finance Bulgaria to Eurobank (reported by CEE Legal Matters on February 14, 2023) had closed.
Employment in Poland
Contributed by Wolf Theiss.