CLIENT ALERT – HUNGARY: Important amendment to the Competition Act

Legislation amending the Hungarian Competition Act was published on 1 December 2022. The amendments include – among others – an increase in certain fees and fines, and the introduction of a new legal instrument, the letter of formal notice of the President of the Hungarian Competition Authority (‘GVH”). The amendments entered into force on 1 …

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CEE Legal Newsletter – Q4 2022

We are providing our clients with a quarterly Newsletter on the most recent legal changes in Central & Eastern Europe: in Hungary, in Bulgaria, in Romania, in Croatia, in Serbia and in Ukraine. Read our latest CEE Newsletter (Q4 2022) here: CEE Newsletter Q4_2022_ENG

CLIENT ALERT – HUNGARY: EU member states reached an agreement with Hungary on the suspension of EU funds

As a reminder, on 30 November 2022, the European Commission published a Communication to the Council and a proposal to the Council in which it recommended freezing: on the one hand, 5.8 billion euros of the post-Covid-19 recovery plan, representing 70% of the 7.2 billion euros envelope earmarked for Hungary, and on the other hand, …

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compromis hongrie

CLIENT ALERT – UKRAINE: Relaunch of privatisation

Please find below a link to an article about the relaunch of a massive privatisation program in Ukraine, written by Vasil Kisil & Partners law firm, our partner in Ukraine. This article contains all the information allowing investors to learn about investment opportunities despite the current context. https://vkp.ua/en/publication/ukraine-relaunches-privatization-future-belongs-to-the-brave 02.12.2022

Ukraine privatisation

CEE Legal Newsletter – Q3 2022

We are providing our clients with a quarterly Newsletter on the most recent legal changes in Central & Eastern Europe: in Hungary, in Bulgaria, in Romania, in Croatia, in Serbia and in Ukraine. Read our latest CEE Newsletter (Q3 2022) here: CEE_Newsletter_Q3_2022_EN

CLIENT ALERT – BULGARIA: Employers are to provide for protection of whistle-blowers

The EU Whistleblowing Directive is yet to be implemented in Bulgarian law; still, the employers should already start planning the protection policies. Alike the GDPR compliance a few years ago, the EU Whistleblowing Directive (Directive (EU) 2019/1937 on the Protection of Persons Who Report Breaches of Union Law) is to impact the majority of the …

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CLIENT ALERT – HUNGARY: New law on small business lump-sum tax, Changes in energy price caps for domestic consumers

New law on small business lump-sum tax The new law n°XIII of 2022 on small business lump-sum tax (in Hungarian: “2022. évi XIII. törvény a kizadózó vállalkozók tételes adójáról”, hereinafter referred to as: “New KATA law”) was published in the Hungarian National Gazette on 18 July 2022. The New KATA law will enter into force …

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