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An increasingly popular option for enjoying a pleasant time is tourism in Romanian rural areas, which has progressively developed in recent years and, although affected by the pandemic, still has considerable development potential. In fact, the COVID-19 crisis is expected to equally have positive effects, including in areas such as this one, when stronger emphasis is placed on an environmentally friendly tourism economy.

As part of the EU strategy to create a Digital Single Market, Directive 2018/1972 of the European Parliament and Council establishing the European Electronic Communications Code (the „EECC” or the „Code” and the „EECC Directive”) was published on December 17th, 2018 and entered into force on December 20th, 2018. The EECC should be considered together with EU Regulation 2018/1971 establishing the Body of European Regulators for Electronic Communications („BEREC”).

In the current context, marked by an ever-increasing impact of climate changes and under the umbrella of EU strategies involving soil protection-related issues (most notably the Soil Protection Strategy and the EU Biodiversity Strategy for 2030 - a core part of the European Green Deal), the Romanian authorities have started to take steps in the direction of acknowledging, by means of a dedicated legal framework and mechanisms, the paramount importance of soil, for the purpose of ultimately supporting a sustainable development of this non-renewable natural resource.

Solar power installed capacity in Romania is currently of almost 1400 MW, representing 6.8 % of the total installed capacity of the country. This capacity was largely installed in the period 2012 - 2016, during the first boom of renewable projects boosted by a generous support scheme. The pipeline of available projects was much bigger.

Bondoc si Asociatii has advised Ireland's Tapbury (Management) Limited on the acquisition of a Romanian company that is developing a wind farm project with approximately 60 MW installed capacity on around 150 hectares of land in Dobrogea region. 

Bondoc si Asociatii has advised independent electricity and gas supplier Restart Energy on its cooperation agreement with DC-based consulting and fund management company Interlink Capital Strategies to develop green energy projects worth USD 500 million in Romania and neighboring countries, and to launch the blockchain-based RED platform in the USA.

According to Recital (47) of the GDPR, processing of personal data for direct marketing purposes may be based on a legitimate interest (Art. 6 (1) letter f) of the GDPR). However, where direct marketing is performed through electronic means of communication, the special legislation becomes applicable, in particular, EU Directive 2002/58/EC of the European Parliament and of the Council of 12 July 2002 concerning the processing of personal data and the protection of privacy in the electronic communications sector (the “E-privacy Directive”) implemented in the Romanian legislation under Law no. 506/2004 on processing of personal data and protection of private life in the electronic communications sector (the “E-privacy Law”).

Bondoc & Asociatii has reportedly advised Adient on the Romanian aspects of its global sale of its automotive fabrics manufacturing business, including its lamination business, to Sage Automotive Interiors, an Asahi Kasei company.

On July 30, 2020, Law no. 155/2020 amending and supplementing Law no. 123/2012 on electricity and natural gas (“Romanian Energy Law”) and other regulatory acts entered into force. Part of the changes brought to the Romanian Energy Law are aimed at implementing the regulatory framework necessary for the development of an integrated EU energy market through common energy market rules and a cross-border infrastructure, pursuant to the Clean energy for all Europeans Package, including inter alia, Regulation (EU) 2019/943 of the European Parliament and of the Council of 5 June 2019 on the internal market for electricity (“Internal Market Regulation”) and Directive (EU) 2019/944 on common rules for the internal market for electricity (“Internal Market Directive”). Such framework is aimed at ensuring the necessary structure for consumers to become more active and to effectively contribute to keeping the electricity system stable, through a balance of the supply and demand.

Earlier on 23 June 2020, the European Court of Human Rights (the „Court”) issued a decision in the case Vladimir Kharitonov v. Russia (Application no. 10795/14), in which the Court reiterated that blocking access to a website may constitute a violation of freedom of expression under Article 10 of the European Convention on Human Rights (the „Convention”).  Prior to this, the Court had ruled on this matter in other relevant cases, i.e. Ahmet Yıldırım v. Turkey (no. 3111/10, ECHR 2012) and Cengiz and Others v. Turkey, nos. 48226/10 and 14027/11, ECHR 2015) and the Court’s new decision reminds us of some of the principles stated before. The decision was issued along with other three cases, OOO Flavus and Others v. Russia (application nos. 12468/15, 23489/15, and 19074/16), Bulgakov v. Russia (no. 20159/15), and Engels v. Russia (no. 61919/16) all of which concern various forms of website blocking.

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Bondoc si Asociatii at a Glance

Bondoc și Asociații SCA is a leading Romanian law firm advising private corporations, public entities and lending institutions in the development of significant and increasingly integrated projects in a wide range of practice areas, including corporate and commercial law, M&A, banking & finance (including also structural funds and state aid), energy, capital markets, competition law, labor, real estate, IT&C, regulatory and compliance. Its lawyers are specialized in providing integrated advice on virtually every legal aspect associated with complex cross-border transactions, as well as domestic projects.

We have the experience and necessary resources to advise private corporations, public entities and financial institutions in their cross-border expansion, in the development of significant and increasingly integrated projects.

In terms of M&A transactional work, our team has been involved in many significant transactions covering a broad range of industries.

We are one of the few firms capable of assisting in a professional manner on virtually any type of M&A project in any industry in Romania and of any size, including with respect to highly regulated sectors or in connection with public authorities.

We have very strong departments in all support areas needed for such transactions, including without limitation competition, commercial law, real estate, labor law, banking &finance, energy, environment, and other regulatory.

Key Information:

  • 9 partners;
  • 40 lawyers, most of whom have also studied abroad;
  • Covering the full range of legal services;
  • Having worked on many of the largest and most complex projects in the Romanian market in the past 3 years;
  • One of the very few Romanian law firms growing in the market;
  • Highly recommended by international directories in 11 areas of law.

We offer:

  • Integrity;
  • A Client-oriented approach;
  • Top quality services, including in highly regulated sectors;
  • A size allowing for the coverage of several large projects at the same time;
  • Very strong experience in both domestic and international complex projects, including in highly regulated sectors;
  • A holistic approach.

Expertise:

Our lawyers have wide experience in dealing with complex and sophisticated legal matters.

  1. Banking & Finance
  2. Capital Markets
  3. Commercial
  4. Competition
  5. Corporate / Mergers & Acquisitions
  6. Data Protection
  7. Employment
  8. Energy & Natural Resources
  9. Environment & Regulatory
  10. Healthcare/Pharma & Medical Services
  11. Insurance and Private Pensions
  12. Intellectual Property
  13. IT/Technology & Communications
  14. Litigation & Arbitration
  15. Media, Entertainment & Advertising
  16. Public Procurement & PPP
  17. Real Estate& Constructions
  18. Restructuring & Liquidation
  19. State Aid & European Structural Funds
  20. White Collar / Investigations & Compliance

For further information about Bondoc si Asociatii Law Firm, please visit our website at bondoc-asociatii.ro.