Individuals who are insured under the applicable laws shall benefit from medical leave and allowance for taking care of a cancer patient over 18 years of age, if they accompany the patient to surgery interventions and to treatments prescribed by the specialist physician.

Eversheds Sutherland has advised Nepi Rockcastle on the acquisition of 17 hectares of land in Galati, Romania, for a mixed-use real estate project. Nestor Nestor Diculescu Kingston Petersen reportedly advised the unidentified sellers on the deal.

DRV Legal has advised Jet Investment company Jet 2 Kappa on its acquisition of the EDS Group from DPE Deutsche Private Equity. Clifford Chance advised DPE.

Popovici Nitu Stoica & Asociatii has advised Redport Capital and Mobexpert on the acquisition of a 44,000 square-meter land plot near Petrom City in Bucharest from OMV Petrom.

Popovici Nitu Stoica & Asociatii has successfully represented the interests of Fondul Proprietatea in court by securing a suspension of a RON 4 billion uneven share capital increase of the Bucharest Airports National Company.

Like many other European countries, Romania is struggling to implement the EU Whistleblowing Directive and accommodate this game-changing perspective on issues such as corporate fraud and non-compliant business environments. In April 2021, Romania issued a first draft law, which was hotly debated and criticized for reasons including the imbalance between the obligations imposed on the private sector and the scope of the upcoming law.

Filip & Company, working with Linklaters, has advised the Ministry of Public Finance of Romania on a USD 2.4 billion two-tranche bond issue and on early redemption and partial switch of three series of state bonds denominated in USD.

EY associated firm Bancila, Diaconu si Asociatii has advised Roca Industry on its acquisition of a 70% stake in Eco Euro Doors from the Casvean family. Badiu & Matei reportedly advised the sellers on the deal.

CEE Attorneys/Boanta, Gidei si Asociatii has advised existing investor Sparking Capital on KFactory's new financing round. BPV Grigorescu Stefanica advised KFactory and its founders.

Wolf Theiss has advised German wind turbine manufacturer Enercon on the sale of its Romanian subsidiary Ecoenergia operating a 15-turbine 34.5-megawatt wind farm to Premier Energy.

Tuca Zbarcea & Asociatii has advised Revetas Capital on its disposal of the Vitantis Shopping Center to Praktiker Real Estate Romania. Moldovan & Partners reportedly advised Praktiker.

The National Recovery and Resilience Plan (PNRR), the pandemic’s legal implications, and energy are the hottest topics in Romania right now, with public procurement being a common thread, according to Tuca Zbarcea & Asociatii Litigation Partner Dan Cristea.

Significant changes to the legal framework governing the electricity sector were enacted at the end of 2021 under Government Emergency Ordinance no. 143/2021 (Ordinance 143) and ANRE Order no. 137/2021 (Order 137). Among these changes, two categories are of outmost importance for producers, as detailed below.

The state of alert that followed the state of emergency has been extended several times during the last year and a half by Government Decisions. Some of these decisions were annulled by the competent courts (even if the court rulings are not final). Also, there are ongoing litigation proceedings aiming at challenging the legality of such Government Decisions. In this context, one would legitimately ask: what effect would have the annulment of the Government Decisions extending the state of alert on the validity of the building permits and town planning certificates which were prolonged during the state of alert?

Radu Taracila Padurari Retevoescu has advised Sarmis Capital on its acquisition of a 55% stake in Smart ID Dynamics. BPV Grigorescu Stefanica advised the shareholders of Smart ID.

Noerr has advised Stada Arzneimittel Group Romanian subsidiary Stada Romania on its EUR 48.3 million investment in Aries Industrial Park in Turda.

Popovici Nitu Stoica si Asociatii has advised Hexagon Retail Properties on the acquisition of the Ferrosan plant from GSK. Bancila, Diaconu si Asociatii advised the seller.

Nestor Nestor Diculescu Kingston Petersen has advised Medicover on its acquisition of Polaris Medical in Cluj-Napoca from the Socea family. Revnic, Cristian si Asociatii advised the sellers on the deal.