At the end of December 2020, the Romanian Competition Council (the "RCC") published an updated iteration of the draft Emergency Government Ordinance implementing the FDI Regulation (the "FDI Draft Law"). While the FDI Draft Law is still undergoing the legislative process, it is expected to enter into force soon. As covered here, the new rules will tighten the existing FDI screening, once in force.
Overview on the New Amendments to the Romanian Fiscal Code
Law no. 296 of December 21, 2020 for the amendment and completion of Law no. 227/2015 regarding the Fiscal Code (the “Law no. 296/2020”) brought a series of beneficial changes to the business environment, applicable starting with January 1, 2021.
Schoenherr Romania Successful in Competition Litigation for Covalact
Schoenherr Romania has helped dairy producer Covalact SA annul a competition fine in litigation proceedings.
Inside Insight: Interview with Madalina Juncu of Mondelez
Juncu has been with Mondelez since 2018, when she joined it on secondment from Stratula & Asociatiii. In April 2019, she took on her current role.
Inside Insight: Interview with Florina Homeghiu of Policolor-Orgachim
Florina Homeghiu spent the first decade of her career in private practice before, in 2017 moving in-house with the Coca-Cola Hellenic Bottling Company – Romania, initially as Senior Legal Counsel, then, in 2018, as Country Legal Manager and Compliance Officer. In May of 2020 she joined the Policolor-Orgachim group.
Capital Markets in Romania
Contributed by Filip and Company.
CEELM Covid-19 Comparative Legal Guide: Contracts in Romania
Contributed by Ijdelea Mihailescu