BPV Braun Partners, working with Watson Farley & Williams, has advised Creditas company UCED on the acquisition of GGE.

Schoenherr has advised the BHM Group on the sale of its majority stake in the Block Group to the Czech investment fund Central Europe Industry Partners. Rowan Legal reportedly advised CEIP.

Havel & Partners has represented HP Tronic and NAY on merger clearance from the Czech Office for the Protection of Competition and the Slovak Antimonopoly Office for their merger.

We bring you a brief overview of important legislative news from the Slovak Republic that should not escape your attention.

For our Checking In feature, we reach out to partners and heads of practice across CEE to learn how specific practice areas are faring in their jurisdictions. For this piece, we asked firm Labor experts:  Have whistleblowing regulations been implemented in your jurisdiction and would you advise companies to use an external solution or an in-house one? Why?

The new construction legislation approved in 2022, which aims, among other things, to speed up permitting processes, was to enter into force as a whole on 1 April 2024. This legislation divided the "old" Construction Act into two parts: spatial planning and construction.

As we outlined in our earlier article, the option of a demerger by means of a spin-off (odštiepenie) is a significant innovation introduced into the Slovak corporate landscape by the Transformations Act.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

Permitting of any projects is a long-standing problem in the Slovak Republic. In international surveys, Slovakia ranks at the bottom, as it takes an average of 300 days to permit a simple building such as a family house. This problem becomes much more acute in the case of constructions that are more complicated and require the assessment of several administrative bodies or may have a significant impact on the environment.

Kinstellar has advised Dutch aircraft maintenance provider SAMCO Aircraft Maintenance on the acquisition of Austrian Airlines Technik – Bratislava. CMS, working with Netherlands-based BarentsKrans, advised Austrian Airlines on the sell side.

Nedelka Kubac Advokati has successfully represented Klement in an energy construction bid rigging case before the Slovak Competition Authority.

The requirements for the Whistleblowing Officer’s (WO) role are covered by various guidelines that have been published by the Slovak Office for Protection of Whistleblowers over the past several months. The multitude of information sources now requires clarification, as the role of the WO leading internal investigations of reports is becoming increasingly prominent. 

The first comprehensive Slovak foreign direct investment (FDI) screening regime entered into force on 1 March 2023. Now that the first year of this new FDI regime is behind us, below we summarise the key takeaways based on our practical experience with this law.

Taylor Wessing has advised the shareholders of the international Denkstatt Group on its integration with EY in Austria, Bulgaria, Romania, Hungary, and Slovakia. EY Law reportedly advised EY.

CMS has appointed Tomas Matejovsky as the new Managing Partner of CMS Prague and Juraj Fuska as the new Managing Partner of CMS (CMNO) in Bratislava, effective May 1, 2024.

On the evening of April 25, 2024, the Deal of the Year Awards Banquet brought together, under the same roof, top-tier lawyers from Central and Eastern Europe's leading law firms in the region in Warsaw.

The question is not "if" you will face a cyberattack, but "when". Ensure your cyberspace is resilient to security risks early. New cybersecurity regulation will impact many Slovak companies this year and next.

1 March 2024 marks the date when the Transformations Act No. 309/2023 came into force in Slovakia. This regulation comprehensively outlines the procedures for national and cross-border mergers, divisions, and conversions of companies and cooperatives, moving away from the previously scattered provisions in the Commercial Code.