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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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