Client Alerts

New proposed amendments impose individual profitability checks and change the relevant timeline for their calculation  A set of two measures aimed at reducing state subsidies for renewable energy sources has been approved by the lower house of Parliament in the Czech Republic on 11 December 2024. These changes, proposed through amendments to the Act on […]...

With the amendments to the Companies Act (the “Act”), which entered into force on 5 December 2024, Croatia has implemented EU Directive (EU) 2022/2381 on gender balance on corporate boards of listed companies (the “Directive”). The so called “Women on Boards” Directive aims to ensure that at least 40% of non-executive board seats or 33% […]...

Effective from 13 December 2024, Regulation (EU) 2023/988 (GSPR) will replace the existing General Product Safety Directive, introducing significant changes with respect to non-food consumer products. The main objectives of the GSPR are to strengthen consumer protection through modernised safety requirements, enhance market surveillance and improve the response times of market players and authorities with […]...

On 3 December, the Serbian Ministry of Health adopted the Amendments to the Rulebook on Clinical Trials of Human Medicine, further facilitating the conduct of clinical trials in Serbia by streamlining procedures and lifting certain administrative burdens. The amendments took into account many of the comments and proposals submitted by the professional public, NGOs and […]...

The Romanian Company Law no. 31/1990 has been amended through the recent Law no. 299/2024 to better align with technological developments and the evolving needs of the business landscape. Notably, a key update is enabling remote (online) attendance and electronic voting in general shareholder meetings, among other relevant revisions. Convening and Holding General Shareholder Meetings Secondary Offices […]...

On 25 November 2024, the Cabinet of Ministers of Ukraine approved Resolution No. 1332. This resolution introduced a series of changes to the temporary postponement of call-up for military service procedure, also known as reservation, as well as to the requirements for companies to be designated as critically important to the national economy and to […]...

The Croatian Lobbying Act (Official Gazette 36/2024, the “Act”) entered into force on 1 October 2024, marking Croatia’s first comprehensive regulation of lobbying activities. The Act establishes significant new rules for lobbyists and companies alike, requiring compliance when interacting with public officials to advocate for business or organisational interests. This regulatory development represents a transformative […]...

Starting on 1 January 2025, the parallel import of medicines into Ukraine will come into force, allowing dealers that are authorised by manufacturers of medicinal products to import medicines in parallel with said manufacturers. The expected outcomes of this new regime are higher competition and lower prices for relevant medicines. This change is introduced by […]...

Ukraine’s financial sector has received a significant boost with the European Bank for Reconstruction and Development (EBRD) announcing €690 million to support new lending. This development presents considerable opportunities for investors and businesses eager to engage in the country’s rebuilding efforts. As Ukraine moves forward with its recovery, understanding the evolving financial landscape will be […]...

This Client Alert is available in both English and Slovenian. The right to disconnect entitles employees not to be at the employer’s disposal during rest periods and other justified absences. According to Article 142a of the Slovenian Employment Relationships Act, employers must adopt measures to ensure employees’ right to disconnect by 16 November 2024 at […]...

Effective from 1 January 2025, Croatia will introduce a new property tax law. This new law will replace the current vacation home tax and apply to all residential properties, with certain exemptions. Local governments will institute the new law and set tax rates within a specified range by taking into account property characteristics and other […]...

There’s a new windfall value-added tax (“VAT”) reclaim opportunity in Hungary based on a recent judgment of the Court of Justice of the European Union (“CJEU”).  As background to this opportunity, it should be noted that marketing authorisation holders or distributors of medicinal products and dietary supplements, the purchase of which (by end-users), is subsidised […]...