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Kinstellar announces New Office Managing Partners in Bratislava and Prague, Adam Hodoň appointed as COO
Kinstellar is delighted to announce the appointment of new managing partners for our Bratislava and Prague offices, and of a new Chief Operating Officer (COO) effective 1 July 2024. Viliam Myšička is the new Managing Partner of the Bratislava Office, succeeding Adam Hodoň. Adam has been appointed as the Firm’s COO. Viliam has been with Kinstellar since its inception and was previously with Linklaters. He leads the M&A service line in Slovakia and serves as the head of the firm-wide Restructuring & Insolvency service line, as well as the co-head of the firm-wide Technology, Media & Telecommunications (TMT) sector. Viliam brings nearly 20 years of professional experience, advising clients across a wide range
Kinstellar advises Siemens Mobility on the acquisition of the Slovak company HMH
Kinstellar has successfully advised Siemens Mobility on the acquisition of the Slovak company HMH, a leading regional producer and innovator of railway security solutions. Siemens Mobility, part of the Siemens multinational conglomerate, has been a leader in transport solutions for more than 160 years. It offers a comprehensive portfolio through its five business units: Rail Infrastructure, Turnkey, Rolling Stock, Customer Services and Intelligent Traffic Systems. HMH is a Slovak-based technology company and producer of the MIREL national train protection system for Slovakia, the Czech Republic, Hungary, and Poland. Designed as a harmonised system with an interface according to European rail standards, MIREL
Slovakia: Recent changes to the Whistleblower Act
Slovakia currently has an outdated Whistleblower Act (Act No. 54/2019 on the Protection of Persons Who Report Antisocial Activities). The relevant EU Whistleblower Directive (No. 2019/1937 on the Protection of Persons Who Report Breaches of Union Law) has not yet been fully implemented in the act. Consequently, the EU initiated an infringement procedure for non-compliance with EU law, as with several other member states. Thus, Slovakia finally took steps to avoid the procedure. On 10 May 2023 the Slovak parliament passed an amendment to the Whistleblower Act (the Amendment). The Amendment will take effect in two steps, the first on 1 July 2023 and the second on 1 September 2023. The aim of the Amendment is mainly to fully
Kinstellar together with Winston & Strawn advise Tempo Software on the agreement to acquire Amovos
Kinstellar has recently advised Tempo Software, a leading provider of portfolio management solutions for product development organizations, on the acquisition of Amovos, which operates the Old Street Solutions brand. Old Street Solutions is an Atlassian Marketplace Partner simplifying Jira and Confluence with their popular Custom Charts for Jira and Custom Charts for Confluence apps. The acquisition will expand Tempo’s Atlassian-based product suite providing users with easy-to-use, customizable data visualizations of Jira data, so teams can focus on getting work done quickly, not struggling with complicated corporate reporting tools. We’re thrilled to welcome Old Street Solutions to Tempo, as it marks another
Top managers in Slovak companies: Employees, directors or both?
This article refers to situations where a director of a Slovak company (i.e., a person appointed to be the statutory representative) is in parallel engaged as an employee, occupying a senior management position such as CEO, CFO, COO, etc., in the same company. These situations are relatively common in Slovakia, but they bring more practical and legal challenges than the company might expect. Employee Employment relationships are regulated by the Slovak Labour Code. In an employment relationship, the employee performs for the employer (the company) so-called dependent work characterised by the employer´s authority and the employee´s subordination. Empl oyment has the
Recent changes to the Slovak Labour Code
On 4 October 2022, the Slovak parliament adopted an amendment to the Labour Code (the "Amendment") that enters into effect on 1 November 2022. The aim of the Amendment is mainly to implement two EU directives (No. 2019/1152 on transparent and predictable working conditions in the EU and No. 2019/1158 on work-life balance for parents and carers) and to respond to certain requirements resulting from application practice. In this article, we present an overview of the most important changes. 1 Content of employment contracts Essential elements of an employment contractThe essential elements of an employment contract have not changed, but the definition of the place of work has been clarified. The contract must
Kinstellar advises CPM International Telebusiness on the establishment of its new contact centre in Bratislava
Kinstellar’s Bratislava office has recently advised CPM International Telebusiness, an award-winning provider of omnichannel customer experience and sales solutions, on the establishment of a new service centre in Slovakia. CPM International is part of CPM Group and a member of the Omnicom Group network of companies with a number of EMEA hubs including Barcelona (Spain) and Bratislava (Slovakia) and multiple contact centres in the United Kingdom supporting the UK & Irish markets. Its international employee base provides 24-7 global coverage in 26+ languages via phone, email, social, chat and self-serve channels for some of the world’s most well-known brands including Harley-Davidson, Pepe Jeans, New Balance, Withings