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CEE CONTINUES TO RISE DESPITE PANDEMIC

Growth arc long predates Covid-19 and will continue past it

Last year was a training course in adaption and agility, and there were many lessons learned in CEE and across the world. However, businesses and investors in the region can continue to look forward to numerous opportunities due to long term trends that are far larger and more influential than the temporary challenges of the pandemic.

Resilience and opportunity in Central & Eastern Europe

Progress report on implementation of the Restructuring Directive

This regional survey of CEE looks at the current state of implementation of the Restructuring Directive in nine countries with concise updates and a regional comparison map.

Raising capital in a changing world

Claudia Chiper

Failing to see the wood for the trees in 2021 and therefore missing investment opportunities due to fear of the unknown may prove costly for investors and entrepreneurs.

Progress report on implementation of the Restructuring Directive

This regional survey of CEE looks at the current state of implementation of the Restructuring Directive in nine countries with concise updates and a regional comparison map.

IN DEPTH

We explore key trends in the region that are shaping the recovery period. 

There are positive tailwinds in CEE right now, and there has been a significant increase in FDI in recent years. Coupled with shifting conditions in the employment landscape, these make up opportunities that businesses can leverage for growth.

Progress report on implementation of the Restructuring Directive

Peter Oberlechner

This regional survey of CEE looks at the current state of implementation of the Restructuring Directive in nine countries with concise updates and a regional comparison map.

Progress report on implementation of the Restructuring Directive

Peter Oberlechner

This regional survey of CEE looks at the current state of implementation of the Restructuring Directive in nine countries with concise updates and a regional comparison map.

Preventative restructuring to avoid insolvencies

Countries across the EU are implementing the Restructuring Directive to create and/or bolster their pre-insolvency restructuring frameworks. While progress is uneven and a July 2021 deadline is looming, this could be a game changer for pre-insolvency regimes in CEE.

Progress report on implementation of the Restructuring Directive

This regional survey of CEE looks at the current state of implementation of the Restructuring Directive in nine countries with concise updates and a regional comparison map.

The new draft for a restructuring code in Austria

Matthias Schimka

This overview of the draft Austrian restructuring code provides key elements of the new law, the expected effects on practice, and further analysis in English and German.

FDI regimes in CEE in times of COVID

Due to the vulnerabilities of excessive reliance on externalised foreign supply chains, countries in CEE have accelerated the adoption of FDI regimes in certain critical infrastructure and technologies. Foreign investors must be well informed and prepared for increased scrutiny and further compliance requirements that will need to be met.

FDI developments during COVID-19

An analysis of FDI regimes and the anticipated impact these requirements may have on inbound FDI.

FDI requirements survey in CEE/SEE

Detailed country by country FDI requirements and a regional comparison.

Changes in the world of work

Global events have changed how and where we work, presenting employers with new questions and challenges.

COVID-19 vaccine in the workplace

Ralf Peschek and Valentina Herrmann-Riedler

Answers to factual legal questions by country about the Covid-19 vaccine.

Is your business going global without you realizing it?

Adelina Iftime-Blagean

Beyond simply working from home, employees are now crossing borders while working remotely.

11 March 2021

Change & Recovery

Resilience and opportunity in Central & Eastern Europe. ...

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11 March 2021

Diversity is key – the Wolf Theiss approach to female empowerment

Female empowerment matters – not only on March 8th, International Women’s Day, but on every other day of the year. While there is still a long way to go for true gender equality (not only in the legal industry but in many other industries, too), there has already been a lot of progress – more […]...

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9 March 2021

The consumer finance law review: Austria

Mimo Hussein authored the Austria chapter of "The Consumer Finance Law Review" - 5th Edition....

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8 March 2021

Wolf Theiss advises Raiffeisenlandesbank Vorarlberg on its issue of a EUR 300 million bond

Vienna, 8 March 2021 – DekaBank, DZ BANK AG, Erste Group, RBI and UniCredit successfully place a sub-benchmark issue of RLB Vorarlberg – the DCM team of Wolf Theiss provides legal advice to RLB Vorarlberg. Raiffeisenlandesbank Vorarlberg Waren- und Revisionsverband registrierte Genossenschaft mit beschränkter Haftung has issued EUR 300,000,000 Mortgage Covered Bonds (ISIN: AT000B066907) under its notes […]...

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5 March 2021

The prospects for the Ukrainian “Google tax”

On 17 February 2021, the draft Law No. 4184 introducing Ukrainian VAT on certain services provided by non-Ukrainian companies via the internet (the so-called “Google Tax”) passed the first reading in the Ukrainian Parliament (the “Draft Law“). The Draft Law is subject to further parliamentary consideration, and in order to become a bill, it must […]...

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4 March 2021

New state of emergency and stricter Covid rules for employers in the Czech Republic

In addition to the new state of emergency in the Czech Republic that runs until 28 March 2021 and further general restrictions, employers now face stricter measures affecting the workplace. The following are now in effect: Travel between districts (okres) is allowed only where necessary (which permits travel for work) Surgical masks must be worn […]...

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2 March 2021

Wolf Theiss partner Bryan Wilson Jardine, selected as juror for the 2020 CEE Deals of the Year Awards

Bucharest, 02 March 2021 – Wolf Theiss Bucharest Partner Bryan W. Jardine has again been selected as a juror for the 2020 CEE Deals of the Year Awards — the most prestigious and sought-after peer-selected awards for the legal industry in Central and Eastern Europe. The CEE Deals of the Year Awards were created in […]...

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1 March 2021

Trends and developments in Ukrainian investment regulations

Ukrainian governmental authorities have been actively promoting investments, particularly foreign investment, in Ukraine. Growing appreciation among state authorities that Ukraine has been competing for foreign investment has led to the adoption of laws aimed at facilitating/increasing it. However, as the authorities have come to the conclusion that certain industries and businesses are of a critical […]...

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1 March 2021

Wolf Theiss berät Janus Gruppe beim Verkauf an Dussmann

Wien 1. März 2021 – Janus-Gruppe, das führende Wiener Reinigungs-Unternehmen im Bereich Krankenhäuser, geht an die deutsche Dussmann Gruppe. Wolf Theiss hat die Eigentümerfamilie bei dieser Transaktion vertreten. Das Closing hat am 26. Februar stattgefunden. Unter der Leitung von Partner Christian Mikosch und der Mitarbeit von Associate Simona Shpilsky Wolf Theiss, beide Corporate/M&A,  war Wolf […]...

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26 February 2021

Wirtschaftsrechtliche Blätter – Digitale Finanzplattformen zur Emission von Schuldscheindarlehen

Digitale Finanzplattformen als Alternative zum analogen Kapitalmarkt am Beispiel des Finanzinstruments Schuldscheindarlehen. Der Einsatz von DLT-Systemen und auch der Blockchain-Technologie zur Emission und Abwicklung von Finanzinstrumenten. Der Aufsatz erörtert innovative Geschäftsmodelle digitaler Finanzplattformen im Hinblick auf die rechtlichen Rahmenbedingungen zur Schaffung eines digitalen Kapitalmarkts....

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25 February 2021

New type of company structure in Poland will create novel solutions for businesses

Starting from 1 July 2021, a new company structure option will be available for businesses in Poland: a simple joint-stock company (prosta spółka akcyjna). This development constitutes an opportunity for existing companies to facilitate their business model and introduce new solutions unavailable in the previous form. However, as these are untested waters, the uncertainties as […]...

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25 February 2021

Know your tags! Influencer marketing on social media!

Influencer marketing is part of social media, but it is not as easy it appears to be. While brands and companies love to work with influencers and use their reach, the legal aspects behind it sometimes tend to be forgotten – with serious consequences as some examples have shown in the past. In this episode, […]...

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