Legal news
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Public procurement procedures in Hungary: force majeure due to war
Hungary: recommendation by the Public Procurement Authority to mitigate the risks of war in public works contracts The Russian-Ukrainian war is having a serious economic impact on the construction industry, e.g. increase in the price of building materials. The Public Procurement Authority has issued a recommendation on the solutions that
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Belarus: new rules for representative offices of foreign companies
Permission to establish a foreign company’s representative office is no longer limited in time
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Lithuania: Employers must ensure proper procedures for terminating employment agreements
Failing to follow the requirements for proper termination of employment agreements can prove very costly to employers.
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New Share Repurchase Law adopted in Latvia
As of 3 May 2022 a new Share Repurchase Law is in force with many changes introduced.
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Romania: New measures to control foreign investments in Romanian companies
For security and public order reasons, non-EU foreign investors must obtain authorisation for investments in Romania