The business situation in Slovenia remains solid, although several challenges worsening prospects for the future are present – from the worker shortage to increasing prices and indications of a potential slowdown – while the country works on its green transition and considers reforming its tax, pension, and health systems and employment legislation, according to Kirm Perpar Partner Jan Gorjup.
Closing: OMV’s Sale of OMV Slovenija to MOL Now Closed
On June 30, 2023, Schoenherr announced that OMV’s sale of OMV Slovenija to MOL (as reported by CEE Legal Matters on June 17, 2021) had closed.
Slovenia: Are ESG Financings and Alternative Sources of Lending the Answer to Increasing Borrowing Costs and Strict Banking Rules?
In the context of the ESG framework, under the planned allocation within the EU, Slovenia should (according to the EIB) allocate EUR 520 million per year to renewable energy sources and their efficient use, and EUR 780 million per year if we add transport, waste, and water to the equation.
Legislative Changes in Slovenia Related to Cross-Border Services and Employment of Foreign Nationals
On 22 March 2023, an amendment to the Transnational Provision of Services Act (Zakon o čezmejnem izvajanju storitev – ZČmIS-1, “Act on Cross-Border Services“) was adopted and partially came into force on 18 April 2023, with individual provisions becoming effective on 1 January 2024.
ODI Law and Wolf Theiss Advise on SHS Capital EUR 18 Million Investment in MESI Medical
ODI Law has advised Slovenian diagnostic company MESI on the EUR 18 million investment received from SHS Capital's SHS VI Healthcare Investments fund. Wolf Theiss advised the investor.
Selih & Partnerji and Premrl Law Office Advise on Sale of Tabor II Shopping Center to Boscarol
Selih & Partnerji has advised Nova KBM on its sale of the Tabor II shopping center in Maribor, Slovenia, to Boscarol d.o.o. through an auction process. The Premrl Law Office advised the acquiring company and its shareholder, Ivo Boscarol, on the acquisition.
Employment Brief: Regulatory updates from Slovenia
A couple of legislative changes that affect working parents, foreign employees and posted employees recently came into effect in Slovenia.
Slovenia: The Rising Cost of Building Materials and the Invariability of Price Clause
In the past few years, the global community has faced the acute challenges of the COVID-19 health crisis and the war in Ukraine, which significantly impacted the continuing rapid increase of prices in the building industry. The main reasons for the rising prices of building materials were initially linked to the health crisis, as many production facilities were closed and production was severely delayed. Once the post-closure period started, demand for materials worldwide surged, exceeding supply.
Banking & Finance in Slovenia
Contributed by Jerovsek & Malis.
Capital Markets in Slovenia
Contributed by Jadek & Pensa.
Corporate Governance in Slovenia
Contributed by Kavcic, Bracun & Partners.
Electronic Signatures, Contracts, and Archiving in Slovenia
Contributed by Ulcar & Partnerji.
White Collar Crime Laws and Regulations in Slovenia
Contributed by Selih & Partnerji.
Deal 5: Holding Slovenske Elektrarne Assistant Head of Legal Affairs Matej Petrisic on EUR 350 Million Syndicated Debt Refinancing
On July 28, 2022, CEE Legal Matters reported that ODI Law had advised Holding Slovenske Elektrarne on a EUR 350 million cross-border syndicated debt refinancing. CEE In-House Matters spoke with Matej Petrisic Assistant Head of Legal Affairs and Corporate Governance at Holding Slovenske Elektrarne, to learn more about the matter.
Restructuring Laws and Regulations in Slovenia
Contributed by Senica & Partners.
Oil & Gas Laws and Regulations in Slovenia
Contributed by Zaman & Partners.
Competition and Competition Litigation Laws and Regulations in Slovenia
Contributed by Kavcic, Bracun & Partners.
Capital Markets in Slovenia
Contributed by Jadek & Pensa.