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IN THE KNOW.

Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

Ukraine continues to reform corporate legislation with a new law governing LLCs

June 2018 – On 17 June 2018, the long-awaited Law of Ukraine "On Limited and Additional Liability Companies" No. 2275-VIII dated 6 February 2018 (the "Law") came into effect, with the exception of some specific provisions related to inheritance that...

New government ordinance on PPPs: Is this the “miracle” legislative solution required to finally implement large scale PPPs in Romania?

June 2018 – A new legal framework on public-private partnerships entered into force in Romania on 18 May 2018 after the publication in the Official Gazette of Government Emergency Ordinance No. 39/2018 on public-private partnership (“GEO No. 39/2018”).The...

Transfer of licenses in the context of asset privatisations in the mining sector

June 2018 – The current Serbian privatisation framework was established in August 2014 through the adoption of a new privatisation law (“Privatisation Law”) and subsequent introduction of all relevant secondary legislation. Although the phase of...

Law on Central Register of Beneficial Owners adopted in Serbia

June 2018 – On 25 May 2018, the Serbian Parliament adopted the Law on the Central Register of Beneficial Owners (“the Law”). The main purpose of the Law is compliance with Chapter III of Directive (EU) 2015/849 of 20 May 2015. The Law will enter...

Kinstellar Energy Digest: Ukraine. May 2018 in Review

June 2018 – Kinstellar Energy Digest: Ukraine. May 2018 in ReviewFields for mineral resource exploitation and productionUkraine’s State Service on Geology and Mineral Resources (“Derzhgeonadra”) has announced on its website plans to auction the...

Bulgaria introduces rules for the exchange of employment-related electronic documents

May 2018 – In May 2018, the Bulgarian Ministry of Labour and Social Politics adopted an ordinance for employment-related electronic documents and the requirements for their creation and storage in an employee’s file (Наредба за вида и...

Obligatory sharing of wage information in Slovakia – a cartel organised by the State?

May 2018 – From 1 May 2018, employers in Slovakia must comply with the following important new rules:the obligation to disclose the amount of the basic wage component when they advertise job vacancies; andthe prohibition to agree on a basic wage component...

Bulgaria plans to introduce a range of derogations from the EU General Data Protection Regulation

The majority of the specific additional requirements concern compliance with core GDPR requirements and data processing for employment purposesMay 2018 – The Bulgarian government has announced a set of specific requirements relating to the processing...

Kinstellar Energy Digest: Ukraine April 2018 in Review

May 2018 –ENERGY EFFICIENCY DEVELOPMENTS: bylaws and moreDrop-outs: certain buildings do not need to be compliant On 11 April 2018, Ukraine’s government approved a list of buildings that are not subject to minimum energy efficiency requirements and...

Changes to the Slovak Labour Code in May 2018

May 2018 – If your company publicly advertises available job positions or considers the employment of non-EU nationals in Slovakia, the below overview may be helpful. This article provides information on changes to the Slovak Labour Code that you should...