Hjort has assisted Fenix Outdoor International AG with transaction
We are pleased to, together with our colleagues in LARK, have assisted Fenix Outdoor International AG in their acquisition of a 65% stake in Devold of Norway AS. Devold will now become Fenix Outdoor’s number one wool brand, enhancing their already impressive portfolio.
The European Court of Justice Safeguards the Right of Transgender People to have their Gender Information Corrected in Public Registers
In a recent ruling, the European Court of Justice has established the right of transgender persons to have information about their gender identity corrected in public registers without being required to undergo gender reassignment surgery.
Employer of Record Services in Norway: Legal Limitations and Risks
So-called Employer of Record (EOR) services, where a company formally employs an individual on behalf of another business, are increasingly coming into play on the global labour market. Several foreign entities wish to purchase these types of services in Norway but are unaware of the limitations under Norwegian law and the associated risks.
AS Batteriretur Sells Majority Stake in Høyenergi AS to Sortbat and Bebat
AS Batteriretur has finalized the sale of its majority stake in its subsidiary, Høyenergi AS, to Sortbat and its parent company, Bebat. This strategic acquisition strengthens Belgium’s and Norway’s leadership in the sustainable management of high-energy batteries, a critical component of the growing battery recycling and energy storage industries.
Plan Ahead: A Guide to Holiday Planning for Employers in Norway
Proper holiday planning is essential for employers in Norway, especially as summer approaches. While the warmer months may still seem far away, now is the time to start organizing employee vacations to ensure compliance with the Holiday Act and to avoid potential disruptions to your business operations. Failure to plan effectively can lead to significant costs for employers if employees do not take their statutory holiday.
New Limit for Solar Power Plants Requiring a Licence
In a press release dated 8 February 2025, the Ministry of Energy announces that, with effect from 1 July 2025, there will be a new limit for which solar power plants require a licence under the Energy Act. The new limit is 10 MW installed capacity.