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Cechova & Partners | March 2020

On 25 March 2020 the Slovak parliament approved relevant changes in the field of social security and employment to mitigate the effects of the outbreak of COVID-19. This new piece of legislation shall enter into force very soon immediately upon its publication in the Collection of Laws of the Slovak Republic. Allowance to Maintain Job Positions Already now certain employers may apply with the office for labour, social affairs and family for an allowance to maintain job positions ...

Cechova & Partners | April 2020

On 10 April 2020 was promulgated new Regulation in Slovakia due to economic mobilization measures. The Government Regulation was adopted to announce specific extraordinary regulatory measures and measures concerning civilian duty and material performance in connection with the emergency situation related to the COVID-19 pandemic. Regulation of the Government of the Slovak Republic No. 77/2020 Coll ...

Cechova & Partners | May 2020

Slovak Investment Holding, a.s. (“SIH”) has launched the SIH Anti-Corona Guarantee as a new financial instrument employing European Structural and Investment Funds to help small and medium-sized enterprises (the “SMEs“) in Slovakia to overcome the financial difficulties and liquidity problems caused by the COVID-19 crisis and to help preserve employment and retain jobs ...

Cechova & Partners | March 2020

In these difficult times, many employers are facing problems related to low demand for their services and goods and the resulting lack of work to be assigned to their employees.On the other hand, there are also employers which are currently lacking employees (for example, due to the closure of schools, which caused many employees to stay at home with their children or because employees are kept in quarantine etc.) ...

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