On October 20, 2022, the Government Emergency Ordinance no. 140/2022 on the single industrial licence (“GEO 140/2022”) adopted by the Romanian Government has been published in the Official Gazette.
Clifford Chance, Biris Goran, and Berechet Rusu Hirit Advise on Rezolv Energy's Acquisition of Gigawatt-Sized Solar Plant from Monsson Group
Clifford Chance has advised Rezolv Energy on the acquisition of a 1,044-megawatt solar plant in Arad County from the Monsson Group. Biris Goran and Berechet Rusu Hirit advised Monsson on the sale.
Baiculescu & Asociatii and Vlasin & Associates Announce Bucharest-Cluj Partnership
Bucharest-based Baiculescu & Asociatii has announced it is expanding its footprint through a partnership with Cluj-based Vlasin & Associates.
Romania: Focus on Taxing Online Content Creators
A hot topic in today's Romanian tax world is the activity of online “opinion makers”, i.e. influencers, bloggers and vloggers, and not only, related to the well-known online and social media platforms, according to an investigation carried out by the Romanian tax authorities. “Why?” one may ask.
PNSA and PeliPartners Advise on Paval Holding's Acquisition of U Center 1
Popovici, Nitu, Stoica & Asociatii has advised Paval Holding on its acquisition of U Center 1 from Forte Partners. PeliPartners advised Forte.
Amendments to the Implementing Regulations of the Trademarks Law
The long – awaited publication of the amendments to the Government Decision No. 1134/2010 on the approval of the Implementing Regulations of Law 84/1998 on Trademarks and Geographical Indications, republished, (the “Trademarks Regulation”) brought by the Government Decision no. 1197/2022, took place on 7 October 2022, when the amendments also entered into force.
Adina Burlacu Joins Kyndryl Romania as Country General Counsel
Adina Burlacu has joined Kyndryl as its Country General Counsel for Romania.
Oana Olteanu Makes Partner at Biris Goran
Oana Olteanu has been appointed a Partner with Biris Goran as of November 1, 2022.
Closing: BCR's Sale of Part of Its Fleet Management Business to Arval Group Now Closed
On November 2, 2022, Filip & Company announced that Banca Comerciala Romana’s sale of a part of its BCR Fleet Management operational leasing business to the Arval group (reported by CEE Legal Matters on June 13, 2022) had closed.
Changes to the Labor Code: What Employers Need to Pay Attention to after the Enactment and Publication of the New Provisions
On October 19, 2022, Law 283/2022 was published in the Official Journal of Romania, introducing probably the largest number of changes made to the Labor Code in recent years, including several substantial amendments and additions highly relevant to employers. Thus, employers must take appropriate action to implement, and ensure immediate compliance with, these changes, the law coming into force in 3 days from its publication.
Considerations Regarding the Draft Code of Territorial Planning, Urbanism and Construction
In August 2019, the Ministry of Regional Development and Public Administration (MRDPA) has organized the first consultation meeting on dysfunctionalities at the level of the normative and institutional framework in the fields of territorial planning, urbanism and construction and related fields, with the aim that the entire legislation in this matter be reorganized under the rule of a single normative act complying with the current needs of digitalization, simplification and professional responsibility.
Dentons Launches Bucharest White Collar Practice with Liviu Togan at the Helm
Former Musat & Asociatii Partner Liviu Togan has joined Dentons’ Bucharest office as Head of the newly launched White Collar practice. Also joining together with Togan is Senior Associate Cosmin Cretu.
Suciu Popa Successful for Strabag Before ICC International Court of Arbitration
Suciu Popa has successfully represented Strabag before the ICC International Court of Arbitration in three construction and infrastructure disputes with claims exceeding EUR 20 million in total.
Romania: The Need for a Clear Set of Rules for Arbitration Funding
As the main arbitration body in Romania sees an increase in disputes caused by the long-lasting effects of the COVID-19 pandemic and the recent financial crisis, claimants and respondents who file arbitration claims/counterclaims may need to turn to third-party funding for the disputes to cover the arbitral expenses.
Romania’s Disaster Movie: The Film Industry Cash Rebate Scheme that Wasn’t
2018 saw the introduction of the Romanian movie production cash rebate system and a subsequent uptick in movie productions seeking to develop in Romania. The ambitiously outlined rebate system seemed quite appealing, initially. However, over the past three years, it failed to live up to its original goals.
The Legal Market’s Online Marketplace – Introducing QuickLegal
The QuickLegal online marketplace was launched in 2021 in Romania, aiming to provide answers to legal questions for individuals and small businesses by effortlessly connecting them with relevant lawyers. CEE Legal Matters spoke with two of QuickLegal’s three Co-Founders – Iulia Caizer and Luminita Busuricu – to learn more about their project, progress, and plans.
BPV Grigorescu Stefanica and Filip & Company Advise on Alsendo’s Investment in Innoship
BPV Grigorescu Stefanica has advised Innoship Technology, its shareholders, and investor Gapminder on an investment by Abris Capital Partners portfolio company Alsendo. Filip & Company advised Alsendo.
RTPR Advises Multimedia Est on Hotnews Acquisition
Radu Taracila Padurari Retevoescu has advised Multimedia Est on its acquisition of the Hotnews group from Media Bit Software and Smile Media. Solo practitioner Oana Coroian reportedly advised the sellers.