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The most important amendment to the Labour Inspection Act enhances the competences of the labour inspector and authorises him to issue an order to an employer to offer an employment contract to a disguised employee. Should the employer not comply with the respective order, the labour inspector could impose a fine of up to EUR 20,000.
The amendment to the Labour Market Regulation Act stipulates a more active role for the employee, since it obliges the employee to register to the employment seekers evidence during his notice period (no later than three business days after receipt of the termination letter). The sanction for not complying with this obligation is that the employee’s monetary compensation for unemployment is reduced by 40% in the first three months (with the limitation that the reduced amount is not less than EUR 350).
Changes in Slovenian labour law
This year, changes to three Slovenian labour-law-related acts were proposed, aiming, inter alia, to reduce disguised employment (i.e. performance of services based on a civil law contract instead of entering into an employment relationship for which the basic elements of employment are provided). On the other hand, many initiatives are pointing out that several freelancers choose to work based on civil law contracts because of the nature of their work and a need to maintain flexibility on the market....
The debate on contributions and personal income tax is now opened
On October 4, 2017, The Federal Ministry of Finance in Federation of Bosnia and Herzegovina (FBiH) has announced the opening of the public debate on drafts of the Law on the Contributions and the Law on Personal Income Tax, adopted on the 21st session of the House of Peoples of the Parliament of Federation of Bosnia and Herzegovina held on September 21, 2017. The public debate is opened until January 1, 2018, which is also the deadline for delivery of comments and suggestions....
Poland may see up to several hundred million Euros in distressed M&A investments
Funds specializing in the acquisition of assets in difficulty are already beginning to actively seek investment opportunities in Poland. It is estimated that such funds currently have between EUR 30 and 40 billion at their disposal, out of which several hundred million euros may go to Poland. However, bankruptcy and restructuring law may be an […]...
Wolf Theiss Bucharest promotes three senior associates in the Bucharest office
Bucharest, 15 April 2020 – WOLF THEISS, one of the leading law firms in CEE and SEE is pleased to announce the promotion of three of its Bucharest office Corporate M&A lawyers to the level of Senior Associate. The promotion of Luciana Tache, Andreea Stan and George Ghitu recognizes the significant contributions made by each […]...
Wolf Theiss to launch COVID-19 dedicated page
Bucharest, 27 March 2020 – In the context of the fast evolution of the COVID-19 pandemic and of the changing legal framework, Wolf Theiss announces the launching of COVID-19: STAYING STEADY ON FLUID GROUND webpage, covering legal updates from all 13 CEE/SEE jurisdictions where the law firm is present, including Romania. (https://www.wolftheiss.com/covid19/) This dedicated webpage […]...
Gender Diversity – the key to success and innovation
There are many factors which contribute to the success and performance of a company, and gender diversity is definitely one of them. The mix of both male and female talent, paired with different skill sets unlocks innovation. Therefore, companies need to find ways how to attract, motivate and empower such talent. As a panelist on […]...
Wolf Theiss Update zu Corona-Virus: Alle Mitarbeiter der zweiten Testgruppe negativ getestet
Wien, 4. März 2020 – Wolf Theiss liegen nun die Gesamtergebnisse der Corona-Virus Testung der Wiener Mitarbeiter vor: Von insgesamt knapp 300 getesteten Mitarbeitern waren 293 negativ (keine Infektion) und 3 positiv (Infektion wurde festgestellt). Alle in der zweiten Testgruppe diesen Montag getesteten rund 80 Mitarbeiter, deren Ergebnisse soeben bekannt wurden, sind negativ. Die 3 […]...
Wolf Theiss informiert über die Situation betreffend Corona-Virus
Am Donnerstag, den 27. Februar 2020, wurden wir über die Coronavirus-Erkrankung eines Mitglieds unserer Partnerschaft informiert. Wir haben sofort anhand eines Maßnahmenplans alle notwendigen Schritte zum Schutz von Mitarbeitern, Klienten, Gerichten und Geschäftspartnern eingeleitet. Diese Maßnahmen umfassen: Der Virentest startete binnen 24 Stunden nach Bekanntwerden der Erkrankung unseres Partners. Wir haben ihn auf eigene Initiative […]...
Wolf Theiss strengthens its Bucharest office team with new hires
Bucharest, 11 February 2020 – The Romania office of CEE law firm Wolf Theiss extends its team of lawyers. Thus, Wolf Theiss Bucharest announces and welcome Adina Aurel in the Projects team, Andrei Alecu in the Competition & Antitrust team, Cornelia Postelnicu, Iulia Cumpăratu and Ramona Enache in the Corporate M&A team, Cătălin Sabău in […]...
Wolf Theiss berät die Raiffeisenlandesbank Oberösterreich bei der Emission einer EUR 500 Millionen Anleihe
Wien, 3. Februar 2020 – DekaBank, DZ BANK, Erste Group, RBI und UniCredit platzieren erfolgreich eine Benchmark Emission der RLB Oberösterreich – das DCM Team von Wolf Theiss übernahm die Rechtsberatung der RLB Oberösterreich. Die Raiffeisenlandesbank Oberösterreich Aktiengesellschaft hat EUR 500.000.000 Hypothekarisch Fundierte Bankschuldverschreibungen (ISIN: AT0000A2CFT1) unter ihrem Debt Issuance Programme begeben. Die Laufzeit der […]...
Wolf Theiss hat die RBI bei der Begebung von EUR 750.000.000 gewöhnlichen nicht nachrangigen berücksichtigungsfähigen Schuldverschreibungen beraten
Wien, 3. Februar 2020 – Die Raiffeisen Bank International AG (RBI) platzierte im Jänner eine Emission mit einem Volumen von EUR 750 Millionen. Für die Rechtsberatung hat die RBI wieder auf das Debt Capital Market (DCM) Team von Wolf Theiss gesetzt. Das Closing hat am 22.1.2020 stattgefunden. Die RBI hat die Ordinary Senior Eligible Anleihe […]...
5 Trends to watch in Investment
Recently, the first event of our “The Future of…” series took place. The main focus was on new technologies in the area of investing and how the law reacts. 14 speakers explained in short presentations what the future of investing might look like, including what needs to be considered from a legal point of view.What […]...