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Slovak Republic

COUNTRY OVERVIEW

Employee board-level representation in Slovakia exists in both private and publicly-owned companies. Neither unions nor employers were consulted about the transposition of the directive but both seem happy with the final outcome.

For further information on the SE legislation, such as the choice of SNB members, click on the more button.

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Transposition of the SE legislation in the Slovak Republic (Final Report: November 2004)

On 9 September 2004 the Slovak Parliament adopted Act No. 5621/2004 Coll. of Laws on the European Company, which came into force on 1 November 2004. This deals with transposition of Council Regulation (EC) No. 2157/2001 of 8 October 2001 on the Statute for a European Company and provisions of Council Directive 2001/86/EC supplementing the Statute for a European Company with regard to employee involvement. Naturally, given the brief time since promulgation of the law, so far no SE has been established in the Slovak Republic. Furthermore, expert opinion holds that there will be little interest in the foreseeable future.

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Transposition of the SE legislation in the Slovak Republic (Report: July 2004)

The Slovak Republic is committed to transposing the acquis communautaire as a whole, with some derogations, by the date of EU accession, 1 May 2004. Under the auspices of the Ministry of Justice and the Ministry of Labour, Social Affairs and Family a new Act on the European Company (hereafter “SE”) was drafted, and on 13 May 2004 submitted for debate by the Council of Economic and Social Agreement (hereafter “CESA”). The Act was discussed and approved by the Slovak government on 26 May 2004, although it has not yet been discussed by the CESA. According to the legislator, a significant impact on employment is not expected. A negative impact could derive from the transfer of an SE’s registered office to another member state, but it is anticipated that this would affect relatively few jobs.

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Translated transposition laws 

The full text of the transposition laws and (for most countries) unofficial translations into English can be downloaded from the EU Commission website

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Lionel Fulton (2006) Anchoring the European Company in national law