About Slovakia

 

Bratislava's distance:

- from Vienna: 45 minutes

- from Budapest: 90 minutes

- from Prague: 3 hours


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Economic Environment

GDP

 

In 2004 and 2005, Slovakia had one of the highest GDP growth rates in the EU reaching 6%. In 2006, the year-to-year growth amounted to unexpected 9.8% in the 3-rd quarter, which helped to increase the overall annual economy growth expectation for 2006 from 6%/6.5% to at least 7.7%. The 9.8% growth in 2006 can be partly contributed to the launch of production of a new Peugeot SA plant. The growth came as a surprise to local analysts, given that another big foreign investor Kia launched its production only in late 2006.

        

Labor market.

 

The key law governing employment is the Labour Code. Under the Code, all employers in the Slovak Republic must have written employment contracts with their employees concluded for a limited or unlimited period.

 

The maximum working time is 40 hours/week.


The minimum annual holiday is four weeks.

 

Inflation

 

Inflation in Slovakia has recently been at low levels, hitting 2.4 % in fall 2006, which has contributed to a growth in domestic demand.

 

Investment Incentives

 

Slovakia has been encouraging foreign direct investors to invest in rapidly developing Slovak economy, which is supported by:

- Law on Foreign Direct Incentives in place;

- Tax rate of 19% (flat);

- Booming real estate market (in particular in Bratislava and surrounding locations), high appreciation rate;

- Speedy and efficient access to surrounding countries and Europe (only 50 km. from the city of Vienna);
- A skilled labor force with technological expertise;
- Significantly lower labor costs;
- Double Taxation Treaties;
- A member of EU and international organizations;

 

 

 

 

 

 

 

 

 

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Who We Are - a few words about us

Kiselica & Partners has a dynamic and flexible team of lawyers with a long-term history of mutual cooperation with other well established law firms mainly in the UK, Germany, Austria and Russia. In case of cross-border projects professional team work is enriched through cooperation with other established international law firms.


Dalibor Kiselica

Dalibor focuses on corporate and commercial law, mergers and acquisitions, real estate, public procurement and aviation law. Dalibor gained extensive experience in regulatory sectors. He acted as one of the leading investors' counsels in the Slovak state gas industry privatization; the largest privatization transaction to date in central Europe.

Education
Commenius University, Law School, Bratislava, Slovak Republic (1986-1990)
Vienna University, Law School, Postgraduate Study, Vienna, Austria (1991)
 
Professional Membership
Slovak Bar Association
International Commercial Arbitration Tribunal Bratislava, Arbitrator
Vice-Chairman of the Board of Directors of the British Chamber of Commerce in the Slovak Republic
 
Other Professional Experience
Martinkova & Kiselica, law office
Freshfields Bruckhaus Deringer
Bruckhaus Westrick Heller Lőber
Schubert & Partners
 
e-mail: kiselica@kislegal.com

 

Katarina Gallova

Katarina has been involved in advising on various business deals including cross-border transactions, corporate law, M&A, privatisation projects and securities deals. During her professional carreer, she has acquired a strong background in antitrust law, energy law, pharmacy regulations, labour law, public procurement, real estate law and state aid.

Education
Commenius University, Law School, Bratislava, Slovak Republic (1995-2000)

Professional Membership
Slovak Bar Association
 
Other Professional Experience
Freshfields Bruckhaus Deringer
Slovak Helsinki Committee


Slavka Gatialova

Slavka is an experienced lawyer in banking law, commercial and contractual law, corporate law, criminal law, finance law, intellectual property law, labour law, law of securities, regulations of medical institutions, public procurement and state aid. As a trustee assistant in bankruptcy proceedings she is deeply acquainted with bankruptcy law and dispute resolution.
 
Education
Commenius University, Law School, Bratislava, Slovak Republic (1995-2000)
Institute for Education of Trustees in Bankruptcy
 
Professional Membership
Slovak Bar Association
 
Other Professional Experience
Law Office Agner & Partners
Centre for Victims of Crimes

 

Zuzana Valkovicova

Zuzana focuses in her practice on corporate and contractual law, real estate law, labor law and intellectual property law. During her studies she was involved as a paralegal in the transformation process of registration of top level domain.sk.

 

Education
Commenius University, Law School, Bratislava, Slovak Republic (1999-2004)

 

Professional Membership
Slovak Bar Association

 

Other Professional Experience
Martinkova & Kiselica
Law Office Čechová & Partners

 

e-mail: valkovicova@kislegal.sk

 

 

"The good lawyer is not the man who has an eye to every side and angle of contingency, and qualifies all his qualifications, but who throws himself on your part so heartily, that he can get you out of a scrape". 

Ralph Waldo Emerson

 

        


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