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On 26 November 2020, Romania adopted new technical rules on minimum requirements to ensure the security of network and information systems applicable to operators of essential services. The technical rules establish four security areas: governance, defence, cybersecurity and resilience.

Operators of essential services must comply with the technical rules within 6 months of the date of entry into force (26 May 2021), or from the registration date in the Registry for operators of essential services.

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13 December 2020

Romania: Minimum network and information systems security requirements to be complied with by the operators of essential services in the next 6 months

On 26 November 2020, Romania adopted new technical rules on minimum requirements to ensure the security of network and information systems applicable to operators of essential services. The technical rules establish four security areas: governance, defence, cybersecurity and resilience. Operators of essential services must comply with the technical rules within 6 months of the date […]...

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11 December 2020

Slovenia – Are your business performance bonuses discriminatory?

A November 2020 judgment of the Slovenian Administrative Court, confirming a previous decision of the Advocate of the Principle of Equality, ruled that the widespread practice of tying the amounts of business performance bonuses to employees’ presence at work is discriminatory. The reasoning of the Advocate stems from the Protection Against Discrimination Act, which prohibits […]...

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10 December 2020

Wolf Theiss Holmbergs Safety Systems Holding AB in the acquisition of the Romanian company Te-Rox Prod S.R.L.

Bucharest, 10 December 2020 – Wolf Theiss assisted Holmbergs Safety Systems Holding AB (“Holmbergs”), a Swedish company with tradition in manufacturing fastening systems in vehicles and special applications, in the acquisition of Te-Rox Prod S.R.L. (“Te-Rox”), a family owned leading European producer of covers and safety belts for children car seats. Holmbergs supplies critical safety […]...

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10 December 2020

Let’s get digital – The role of Legal Tech in the Legal Industry

Legal industry without Legal Tech? That’s almost unthinkable nowadays! As one of the first law firms of the CEE/SEE region we started to implement our project management tool Wolf Theiss Space two years ago and simultaneously began to work with document automation tools. Since then we have actively used these tools, be it for internal […]...

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9 December 2020

Wolf Theiss partners with Belvedere in the “Support for Health Care” campaign

Warsaw, 9 December 2020 – In March 2020, in response to the growing number of COVID-19 infections and increased involvement of medical services in saving patients’ lives and health, Belvedere Catering by Design launched a project to deliver meals to Warsaw medical centres. During the second, autumnal wave of the illness, Wolf Theiss joined the […]...

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7 December 2020

The Wolf Theiss Guide To: Ultimate Beneficial Ownership Register in Central, Eastern & Southeastern Europe

Wolf Theiss carefully monitors the developments and challenges related to the increasingly complex legislation designed to fight money laundering and terrorism financing. One of the most talked about obligations recently imposed by Directive (EU) 2015/849 and transposed into national law by EU Member States is the requirement to register the ultimate beneficial owner (“UBO”) of […]...

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3 December 2020

Wolf Theiss advises MSD on the acquisition of the Austrian biotech company Themis Bioscience

Vienna, 27 May 2020 – Merck, known as MSD outside the United States and Canada, counts on the expertise of Wolf Theiss in the acquisition of Themis Bioscience GmbH. MSD, through a subsidiary, will acquire 100% of the Austrian biotech company in exchange for an undisclosed cash payment. Closing of the transaction is subject to […]...

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30 November 2020

Wolf Theiss has advised Vienna Insurance Group AG on the acquisition of Aegon’s insurance, pension, and asset management business in Hungary, Poland, Romania and Turkey for EUR 830 million.

Vienna, 30 November, 2020: Wolf Theiss has advised VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe (VIG) on all legal and regulatory aspects of its acquisition of Aegon’s insurance business in Hungary, Poland, Romania and Turkey. As a result of the transaction VIG will take over Aegon’s non-life and life insurance companies as well as pension […]...

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26 November 2020

You can do it: How to pass your Assessment Centre at a law firm

Almost unsolvable tasks, extremely high pressure and strict observers – Assessment Centres seem to be full of horror stories BUT not all of them are true! We wanted to look behind all the clichès and asked Michael Meindl and Florian Pechhacker for some insights! In fact, Michael (now Associate for Construction team) joined Wolf Theiss […]...

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24 November 2020

Wolf Theiss berät INNIO Jenbacher bei der Akquisition von ECI-Distribution und PowerUp

Wien, 24.11.2020 – Wolf Theiss hat das Tiroler Unternehmen INNIO Jenbacher bei dem Kauf der ECI-Distribution GmbH und PowerUp GmbH beraten. Das Signing hat am 3.11.2020 stattgefunden. Sarah Wared (Federführung/Corporate/M&A), Kurt Retter, Georg Knafl (beide Regulatory), Martina Hiebl, Clemens Pretscher (beide Corporate/M&A), Claudia Brewi (Litigation) und Paulina Pomorski (IP/IT) haben die INNIO Jenbacher im Hinblick […]...

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19 November 2020

Wolf Theiss Guide: Restructuring Loans and Enforcement of Security

This guide is part of our wider offerings on Financial Restructuring, which is included in our services for Special Situations. Our fully integrated, multi-disciplinary Special Situations team provides expert counsel to direct lenders, credit funds, distressed investors, borrowers and other stakeholders on the full range of financial restructuring services. Our updated guide provides a comprehensive […]...

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18 November 2020

Wolf Theiss advises Cellnex Telecom S.A. on its acquisition of CK Hutchison’s Austrian telecommunications tower assets as part of a Europe-wide transaction

Vienna, 16 November 2020 – Wolf Theiss has advised Cellnex Telecom S.A., Europe’s leading operator of wireless telecommunications and broadcasting infrastructures, on the acquisition of the Austrian telecommunications tower assets of CK Hutchison Holdings (“Hutchison”). Wolf Theiss advised listed Cellnex Telecom S.A as buyer on all Austrian legal and regulatory aspects of the Europe-wide transaction, […]...

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