Opinion
April 16, 2018 17:10
by Andreea Suciu, Noerr
On 10 April 2018, Law no. 88/2018 approving Government Emergency Ordinance no. 53/2017 was published in the Romanian Official Gazette.Preliminary info: The legislative context
The Romanian legislative process requires ever more »
March 14, 2018 14:10
By Roxana Dudau and Alexandru Dan,
NOERR
After the regulation on the
commissioning of construction works received a (to a certain extent
welcome) facelift in 2017, the Romanian legislator has turned its
attention once again to the fundamental more »
January 31, 2018 14:16
By Raluca Botea,
Senior Associate NOERR
One
year after the entry into force of Law no. 233/2016 regarding
public-private partnerships (“PPP Law”), the Government
approved Government Emergency Ordinance no. 104/2017 (“GEO 104”)
...more »
January 17, 2018 15:03
The M&A market in Romania has
reached 3.8 billion EUR in 2017, according to public sources and
disclosed transactions, an analysis performed by Deloitte Romania has
revealed. Overall, by adding all transactions with undisclosed value,
t...more »
September 25, 2017 16:23
by Maria Maxim, Partner and Daniela Dosan, Associate at Wolf Theiss, Bucharest Office
On September 21st, 2017, the National Supervisory Authority for Personal Data Processing ("RDPA") published on its website a Guidance regarding the application of the General Data Protection Regulation (the "Guidance"), for the benefit of the data controllers performing personal data processing activities that fall under the jurisdiction of the Romanian law....more »
September 14, 2017 09:10
by Radu Damaschin - Partner and Cristiana Prodescu - Associate, NNDKP
In a world that is becoming increasingly globalized, the law serves as a powerful tool in improving economic and social conditions. In such a world, trans-border judicial proceedings, or, as legal scholars call it, "legal disputes with extraneous elements" demand a certain consistency and predictability. We consume the same products and services; we abide by the same rules; therefore it is natural to develop the same expectations, including with respect to the enforcement of legal documents. The trend in this direction is clear, albeit more or less intentionally so: parallel customs, bilateral and multilateral treaties; common rules that will facilitate the creation, amendment and termination of legal relationships of any kind, regardless of the way in which this is achieved. ...more »
September 04, 2017 12:20
by Florin Gherghel, Head of Tax
Department and Monica Colt Tax Advisor, NOERR
Government ordinance no. 23/2017
regarding the split payment of VAT was published in the Official
Gazette no. 706/31 August 2017. Please find below the most impo...more »
July 17, 2017 15:42
The M&A Market in Romania has reached EUR 889 million in the second quarter of the year according to public sources and disclosed transactions, more than double compared to the first quarter, an analysis by Deloitte Romania has revealed. The total number of relevant transactions was 19. Compared to the similar period last year, in 2017 the number of transactions grew by one and the disclosed value has increased three times....more »
July 06, 2017 12:28
From July 30th, 2017, a new regulation regarding the acceptance of constructions works (the “New Regulation”) will be applicable. The New Regulation amends and clarifies the existing regulation, which has been in force since 1994 (the “Existing Regulation”)....more »
June 07, 2017 09:49
Among the issues financiers must deal with one must also count the impact of the insolvency procedure over ongoing lease agreements. Many lessees, who find it hard to maintain a valid cash flow, look for the protection granted to them by the Insolvency Law no. 85/2014 and subsequently attempt to restructure their activity and schedule the payment of their debts.
...more »
