01/10/2013
As of 1 October 2013 the index applicable to employees’ remuneration will increase from 756.27 to 775.17. This raise implies a mandatory salary increase of 2.5% in gross salaries paid under Luxembourg employment contracts.
As of 1 October 2013 the index applicable to employees’ remuneration will increase from 756.27 to 775.17. This raise implies a mandatory salary increase of 2.5% in gross salaries paid under Luxembourg employment contracts.
Arendt and Medernach acted as Luxembourg counsel to CVC in connection with the formation and raising of CVC’s sixth Asia-focused private equity fund (“Asia VI”), which raised US$6.8 billion.