The bill on social and connected economy, adopted by the Council of Ministers on July 24, contains a provision that introduces a new right for all healthy businesses with less than 250 employees, of prior information of employees in case of a sale, so that the employees can take over the company. (Ref. 130504)
“In order to encourage employees to take over companies,” the bill suggests creating “a right to prior information for employees who want to buy their company, regardless of the form of the future takeover.” This will affect healthy businesses with 250 workers or less, in case of the sale of a share amounting to more than 50 percent of shares. In companies with 50 workers or more, employers have to consult the WC of their plan to sale. The bill adds that, at the same time, the head of the co
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