article by Rusandra Sandu, Partner and Luiza Bedros, Counsel at Noerr The Romanian Competition Council has issued a statement to reassure markets that companies may take justified measures aimed at preventing or limiting the outbreak of the novel...more »

Author: Laura Ciobanu, Manager, Climate Change & Sustainability Services, EY Romania  The negative influence of economic development on the environment is a recognized fact for a long time. Due to a multitude of environmental challenges, the governments are now facing an ever-increasing pressure to identify new ways for reducing the environmental impact of anthropic activities without affecting the economic growth. It is clear that the influence of these measures will be also reflected in the activity of the producers....more »

Among the topics to which the recent project to amend the Fiscal Code aims to respond is a new definition of the place of effective management. A very interesting definition that comes with the legislator and here are the arguments. First of all, what is the place of effective leadership? Very briefly, it represents the place where the management of the company makes the key decisions necessary for carrying out the activity (for example, financial, operational, commercial, etc.)....more »

Article by Silvia Axinescu, Senior Managing Associate at Reff & Associates, Luiza Ionescu, Managing Associate at Reff & Associates, and Adrian Ifrim, Risk Advisory Manager at Deloitte Romania The most important moment for the Romanian ...more »

The mergers and acquisitions market in Romania revealed a significant growth in the second quarter of the year, compared to the first quarter and to the same period in 2018 as well. According to Deloitte estimates, the total market value, including t...more »

Interview with Cristina BOJICA, Partner, GRUIA DUFAUT LAW OFFICE, Certified Information Privacy Professional/Europe (CIPP/E) Romanian data protection legislation finally complied with GDPR, what type of investigations is the National Supervisory A...more »

The European Commission has recently published a report prepared by Europe Economics on the impact of loan syndication on competition in EU markets (the “Report”). Although the Report doesn’t specifically point out upfront competition constra...more »

Authors: Loredana Cristea – Associate and Răzvan Ionescu, Senior Associate  “The European Convention on Human Rights is a living instrument which must be interpreted in the light of present day conditions. ” Article 6 of the Europea...more »

It appears that the Romanian Competition Council is boosting its engines and it wouldn’t be a speculation if we said that we will be witnessing an “airstrike” of competition enforcement. We expect that 2019 will be a rocky year for companies ...more »

Article by Monica Colt, TAX Advisor, NOERR  ANAF Order no. 3201/2018 regarding the procedure for adjustment of tax liabilities following the reconsideration of a transaction / reassessment of a form of activity was published in Official Gazet...more »