Client Alerts
Hungary centralises inventory management for medical consumables
New rules affecting public health institutions and suppliers On 26 May 2025, the Hungarian Government published Government Decree 110/2025. (V. 26.) (the Decree), introducing a mandatory centralised inventory management regime for medical consumables used by public healthcare institutions. The Decree amends the regulatory framework under: The new provisions, which came into force on 1 June […]...
Anpassung der Schwellenwertverordnung steht bevor, höhere Direktvergabegrenzen als bisher
Geplante Anpassung der Schwellenwertverordnung (SchwellenwertVO 2025): Erleichterungen für öffentliche Auftragsvergabe zugunsten von KMU Die im aktuellen Regierungsprogramm vorgesehene Anpassung der Schwellenwerte steht unmittelbar bevor. Die Bundesministerin für Justiz hat für diesen Zweck die neue Schwellenwertverordnung 2025 (SchwellenwertVO 2025) bereits unterfertigt. Es fehlt lediglich die abschließende Zustimmung der Bundesländer, wobei hier kein nennenswerter Widerstand zu erwarten […]...
Legal update: New legal amendments related to remote and home-based employees
On 2 May 2025, the Law of Ukraine No. 4339-IX “On Amendments to the Labour Code of Ukraine on Improving the Legal Regulation of Certain Issues of Home and Remote Work” (the “Law”) came into force. The Law is aimed at regulating issues related to sending home-based and remote employees on business trips and creating […]...
Budgetbegleitgesetz 2025 – Der neue “Umwidmungszuschlag” bei Immobilienveräußerungen
Wie bereits im Regierungsprogramm angekündigt, hat die Bundesregierung ein Sparpaket erlassen, welches sich derzeit in Begutachtung befindet. Dieses umfasst unter anderem die Besteuerung der Wertsteigerung von Liegenschaften nach erfolgter Umwidmung. Dieser Client Alert soll einen kurzen Überblick über die geplanten Gesetzesänderungen (inklusive konkreter Beispiele) sowie über die geltende Gesetzeslage iZm Umwidmungen von Liegenschaften geben. 1. […]...
Ukraine: New measures to ease currency control restrictions
To address the challenges arising from the full-scale war in Ukraine, the National Bank of Ukraine (the “NBU”) introduced various measures and currency control restrictions in February 2022 to prevent capital outflow from the country. These restrictions are being gradually eased. On 9 May 2025, the regulator adopted Resolution no. 53 (effective from 10 May […]...
Hungary expands margin cap to include cosmetics and household products
On 8 May 2025, the Hungarian Government adopted Decree No. 93/2025. (V. 8.) (“Decree”), which extends the existing retail margin cap to a broad range of cosmetic and household products. The regulation imposes a 15% cap on the retail margin that can be applied by drugstores to these product categories. The margin cap is effective […]...
Hungary’s relaunched Golden Visa programme: Offering a path to EU residence
Wolf Theiss is pleased to be among the first law firms in Hungary to have successfully advised clients on obtaining a Hungarian residence permit through the country’s newly relaunched Golden Visa programme. Hungary officially relaunched its Golden Visa (i.e. residence permit for guest investors – in Hungarian: vendégbefektető) programme on 1 July 2024, pursuant to […]...
Austria to introduce stricter real estate transfer tax rules for share deals
On 2 May 2025, the draft of the Budget Accompanying Act 2025 was released, aiming to implement budget consolidation measures outlined in the 2025–2029 government programme. The draft bill introduces significant changes for the real estate industry in Austria, particularly regarding share deals. 1. Changes to share deals The draft bill seeks to align the […]...
Life Sciences Bulletin: Hungarian Medicines Authority resumes investigations into pharma promotions
The Hungarian National Centre for Public Health and Pharmacy (NNGYK or the Authority) has issued its first decision in more than a year concerning the promotional activities of pharmaceutical companies. The resolution identifies deficiencies on the part of a Hungarian subsidiary of an international pharmaceutical company (the Company), resulting in a fine of EUR 37,000. […]...
Employment Brief: Introduction of a unified electronic employment record in Bulgaria
Following an amendment in the Bulgarian Labour Code in late 2023 which will enter into force on 1 June 2025, Bulgaria is moving towards the introduction of a unified electronic employment record. This change will affect all Bulgarian employers and their employees and bring an end to the issuance and maintenance of paper-based labour books. […]...
Omnibus-Vorschlag: Verschiebung der Sozial- und Umweltberichterstattung in Kraft getreten
Am 17.4.2025 trat im Rahmen eines Dringlichkeitsverfahrens der sogenannte “Stop-the-Clock”-Mechanismus (Richtlinie (EU) 2025/794) in Kraft. Dieser sieht eine zeitliche Verschiebung der Umsetzung der Corporate Sustainablility Reporting Directive (Richtlinie (EU) 2022/2464, kurz: CSRD) sowie der Corporate Sustainability Due Diligence Directive (Richtlinie (EU) 2024/1760, kurz: CSDDD) vor. Der Mechanismus wurde als eines von drei Legislativpaketen von der […]...
Hungarian inquiry eyes single-bid medical procurement
Despite a reduction in single-bid contracts, the GVH proposes additional measures to improve competition and transparency. According to the recently completed accelerated sector inquiry by the Hungarian Competition Authority (GVH), the share of single-bid public procurements decreased in both the overall Hungarian public procurement market and the market for diagnostic medical imaging equipment between 2021 […]...