Global Top 100 reach record $20 trillion,  with China narrowing the US’s lead

Global Top 100 reach record $20 trillion, with China narrowing the US’s lead

The total market capitalisation of the Global Top 100 companies has increased by 15% since last year to $20 trillion.  This compares with a 11.5% increase in the MSCI World Index. The US retains the leading position with 54 companies … Read the rest more…
Romanian Legal Week [July 9-15, 2018]: Order regarding approval for ammunition storage spaces. Government Decision regarding taxes for international institution interconnecting for hematopoietic stem cell donor volunteers. Order regarding placement conditions of buildings surrounding public roads repealed. Order regarding minimum training criteria for seafaring personnel.

Romanian Legal Week [July 9-15, 2018]: Order regarding approval for ammunition storage spaces. Government Decision regarding taxes for international institution interconnecting for hematopoietic stem cell donor volunteers. Order regarding placement conditions of buildings surrounding public roads repealed. Order regarding minimum training criteria for seafaring personnel.

Order regarding approval for ammunition storage spaces. On Monday the 9th of July 2018, the Ministry of Labour and Social Justice launched into public debate a draft Order regarding the approval of spaces meant for storing ammunition, shells and … Read the rest more…
Țuca Zbârcea & Asociații advises The Rohatyn Group on acquiring Animax pet shops

Țuca Zbârcea & Asociații advises The Rohatyn Group on acquiring Animax pet shops

Bucharest, 12 July: The Rohatyn Group (TRG), a private equity firm with $6 billion deployed since 2005, acquired the largest pet shop chain in Romania, operated by Pet Prod SRL under the brand name Animax. The deal involves 73 stores … Read the rest more…
Healthy Central European Private Equity Activity Levels set to continue as economy, leverage support deals

Healthy Central European Private Equity Activity Levels set to continue as economy, leverage support deals

Bucharest, 12 July 2018. The strong momentum underway in Central Europe’s private equity markets should continue, according to the latest Deloitte Central Europe Private Equity Confidence Survey. The high level of deal activity in Central Europe’s (CE) private equity (PE) … Read the rest more…
Deloitte Romania announces new Partner in the Financial Advisory practice

Deloitte Romania announces new Partner in the Financial Advisory practice

Bucharest, 9 July 2018. Deloitte Romania pleased to announce that Burcin Atakan has joined the company’s leadership as a Partner within the Financial Advisory practice. His aim is to position the Forensic practice Romania and Bulgaria as market leader … Read the rest more…
Romanian Legal Week [July 2-8, 2018]: GEO regarding travel services. Regulations regarding institutions emitting ecoins. Regulations regarding state control of building quality. Law regarding evaluation and management of ambient noises.

Romanian Legal Week [July 2-8, 2018]: GEO regarding travel services. Regulations regarding institutions emitting ecoins. Regulations regarding state control of building quality. Law regarding evaluation and management of ambient noises.

GEO regarding travel services. On Monday, the 2nd of July 2018, the Ministry of Economy launched into public debate a draft GEO regarding travel package services and derivatives, as well as amending and supplementing certain acts. [source]… Read the rest more…
Medicover acquires Pelican Hospital

Medicover acquires Pelican Hospital

PNSA advised its long-standing client Medicover on the acquisition of a majority stake in Pelican Hospital, a major Romanian healthcare services provider. The acquisition concerns an 80% stake of the hospital and clinical business of Pelican. The remaining minority shareholders … Read the rest more…

The Romanian Judges’ Forum Association expresses its deepest concerns over the current situation in Poland, regarding the Judiciary

Taking a worried note of recent developments in Poland, The Romanian Judges’ Forum Association emphasizes the need for Polish authorities to comply with the European standards on judicial independence, including the irremovability of judges, in fact, its obligations under Article … Read the rest more…
Deloitte analysis: The M&A market speeds up in Q2

Deloitte analysis: The M&A market speeds up in Q2

Bucharest, 3 July 2018. The M&A market in Romania marked a significant recovery in the second quarter of this year, reaching 391 million EUR, compared with 258 million EUR in the first three months of the year. According to Deloitte’s … Read the rest more…
René Seerden (ed.), Comparative Administrative Law, 4th Edition

René Seerden (ed.), Comparative Administrative Law, 4th Edition

Intersentia[1] Publishing released, in January 2018, the 4th edition of the Comparative Administrative Law. Bearing the subtitle Administrative Law of the European Union, Its Member States and the United States, the volume makes a comparative analysis of … Read the rest more…
Romanian Legal Week [June 25-July 1, 2018]: Methodological norms enforcing law regarding ragweed control. Law regarding land development approved. Aid scheme for investment stimulation

Romanian Legal Week [June 25-July 1, 2018]: Methodological norms enforcing law regarding ragweed control. Law regarding land development approved. Aid scheme for investment stimulation

Methodological norms enforcing law regarding ragweed control. On Thursday, the 21st of June 2018, the Ministry of Agriculture and Rural Development launched into public debate a draft approving the methodological norms enforcing Law no. 62/2018 regarding ragweed control. [… Read the rest more…

Interpretation and application of European Union law by the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania

Abstract: The interpretation and application of the European Union law, including the case-law of the Court of Justice of the European Union, by the arbitral tribunals is a subject which is little approached. This is due on the one hand … Read the rest more…
Deloitte Romania leadership strengthens through the admission of three new partners

Deloitte Romania leadership strengthens through the admission of three new partners

Bucharest, 28 June 2018. Deloitte Romania is proud to announce the regional partnership admission of three senior professionals with outstanding contributions in serving clients and developing teams: Ciprian Gavriliu, Tax Director, has been promoted to Partner in Deloitte Central … Read the rest more…
The sanctioning regime provided by Regulation (EU) 2016/679 on the protection of personal data

The sanctioning regime provided by Regulation (EU) 2016/679 on the protection of personal data

Abstract: In the public space and in the debates among professionals, the new general data protection regulation, which is to be applied from May 25th 2018, is debated more and more conjunctively with the news brought by this European Union … Read the rest more…
Extending people’s working lives could add US$ 3.5 trillion to OECD GDP in long run – PwC

Extending people’s working lives could add US$ 3.5 trillion to OECD GDP in long run – PwC

  Iceland, New Zealand and Israel are the leaders in boosting employment rates among older workers according to PwC’s latest Golden Age Index Retraining and lifelong learning will be critical to enable older workers to take up the many new … Read the rest more…
Deloitte Survey: Millennials’ confidence in business takes a sharp turn. They feel unprepared for Industry 4.0

Deloitte Survey: Millennials’ confidence in business takes a sharp turn. They feel unprepared for Industry 4.0

Bucharest, 26 June 2018. Millennials have become more skeptical overall of business’ motivation and ethics and also of political leaders’ positive impact on society, according to Deloitte’s Millennial Survey 2018 that records a sharp turn of the views expressed in … Read the rest more…
In Q2 2018 Deloitte Romania assists in transactions exceeding half a billion EUR. New leader in the Tax M&A function.

In Q2 2018 Deloitte Romania assists in transactions exceeding half a billion EUR. New leader in the Tax M&A function.

Bucharest, June 25, 2018. Deloitte M&A specialists assisted in transactions exceeding half a billion EUR during the past three months, providing support buy-side and sell-side in M&A, due diligence, tax and legal. Supporting the M&A momentum and breadth of multi-disciplinary … Read the rest more…
Romanian Legal Week [June 18-24, 2018]: Measures limiting the consumption of energy drinks. Financing guide regarding charging stations for electric vehicles. Order regarding public order and safety maintenance amended

Romanian Legal Week [June 18-24, 2018]: Measures limiting the consumption of energy drinks. Financing guide regarding charging stations for electric vehicles. Order regarding public order and safety maintenance amended

Measures limiting the consumption of energy drinks. On Thursday, the 14th of June 2018, the Ministry of Health launched into public debate a draft Government Decision establishing measures for the prevention and limiting of energy drink consumption by the … Read the rest more…
Luminiţa Popa appointed as a member of the ICC International Court of Arbitration

Luminiţa Popa appointed as a member of the ICC International Court of Arbitration

Luminiţa Popa, Managing Partner of Suciu Popa, has been appointed as one of the two Romanian Members of the International Court of Arbitration of the International Chamber of Commerce. Her appointment by the World Council was proposed by Alexis Mourre, … Read the rest more…
Romanian Legal Week  [June 11-17, 2018]: Norms for granting food rights to persons deprived of their liberty. State Aid Scheme to support the cinematographic industry, approved by the Government. Amendment of the Government Emergency Ordinance regarding the state of emergency and curfewGovernment Decision regarding the organisation of the Day of the Justice in 2018.The Fiscal Council. Annual report for 2017

Romanian Legal Week [June 11-17, 2018]: Norms for granting food rights to persons deprived of their liberty. State Aid Scheme to support the cinematographic industry, approved by the Government. Amendment of the Government Emergency Ordinance regarding the state of emergency and curfewGovernment Decision regarding the organisation of the Day of the Justice in 2018.The Fiscal Council. Annual report for 2017

Norms for granting food rights to persons deprived of their liberty. Draft. On Tuesday, the 12th of June 2018, the Ministry of Justice launched in public debate a draft Order of the Minister of Justice to approve the Norms … Read the rest more…
Deloitte Romania and EC-Council Partner to Bring Cybersecurity Education to the Region

Deloitte Romania and EC-Council Partner to Bring Cybersecurity Education to the Region

Bucharest, 13 June 2018. Deloitte Romania has now partnered with EC-Council in their efforts to create cybersecurity professionals from various organisations and sectors through the coveted, ANSI 17024 and GCHQ accredited, Certified Ethical Hacker (C|EH), Certified Security Analyst (ECSA) and … Read the rest more…
TZA News. Banking / June 11 2018

TZA News. Banking / June 11 2018

Mihai Dudoiu Gabriela Anton Decision No. 2/2018 of 19 February 2018, rendered by the High Court of Cassation and Justice The Official Journal of Romania, Part I, of 5 June 2018 published Decision No. 2/2018 rendered by the HCCJ panel … Read the rest more…
Romanian Legal Week [June 4-10, 2018]: Areas included in the National Network of Air Quality Monitoring. Methodological norms regarding public debt amended. Annex regarding local public finances amended. Emergency Government Decision regarding animal sub-products not for human consumption neutralising amended

Romanian Legal Week [June 4-10, 2018]: Areas included in the National Network of Air Quality Monitoring. Methodological norms regarding public debt amended. Annex regarding local public finances amended. Emergency Government Decision regarding animal sub-products not for human consumption neutralising amended

Areas included in the National Network of Air Quality Monitoring. On Monday, the 4th of June 2018, the Ministry of Environment launched into public debate a draft Order approving the protected areas for air quality measurements, included in the … Read the rest more…
Romanian Legal Week [May 28-June 3, 2018]: Instructions regarding technical review of wagons used in exploitation. Law regarding adoption amended. Law regarding tax evasion prevention and control adopted

Romanian Legal Week [May 28-June 3, 2018]: Instructions regarding technical review of wagons used in exploitation. Law regarding adoption amended. Law regarding tax evasion prevention and control adopted

Instructions regarding technical review of wagons used in exploitation. On Tuesday, the 29th of May 2018, the Ministry of Transportation launched into public debate a draft Order amending and supplementing the Instructions regarding the technical review and maintenance of … Read the rest more…
Romanian Legal Week [May 21-27, 2018]:Maximum value for financial aid in fruit sector. Law regarding transportation by taxicabs amended. Annex regarding investment objectives for waste management amended.

Romanian Legal Week [May 21-27, 2018]:Maximum value for financial aid in fruit sector. Law regarding transportation by taxicabs amended. Annex regarding investment objectives for waste management amended.

Maximum value for financial aid in fruit sector. On Friday, the 18th of May 2018, the Ministry of Agriculture and Rural Development launched into public debate the bill approving the maximum value for temporary exceptional financial aid for farmers … Read the rest more…
Romanian Legal Week [May 14-20, 2018]: Form 112 template and contents approved. Law regarding national defense industry adopted.Law regarding agricultural companies and other forms of association in agriculture amended.

Romanian Legal Week [May 14-20, 2018]: Form 112 template and contents approved. Law regarding national defense industry adopted.Law regarding agricultural companies and other forms of association in agriculture amended.

Form 112 template and contents approved. On Thursday, the 10th of May 2018, Order no. 1931/1615/598/2018 regarding the approval of the template, contents, submission procedure and managing of Form 112 was publish in the Official Journal of Romania, part … Read the rest more…

Consented or not? – Arbitration under the new conditions of contract mandatory for public works (Government Decision no. 1/2018)

INTRODUCTION The Government Decision no. 1/2018 for the approval of general and particular conditions of contract for certain categories of public procurement contracts related to the investment objectives financed by public funds (“G.D. no. 1/2018”) replaced the former … Read the rest more…
Romanian Legal Week in brief: May 7-13, 2018

Romanian Legal Week in brief: May 7-13, 2018

Methodological norms regarding residency financing in penitentiary administration system. On Friday, the 4th of May 2018, the Ministry of Justice launched into public debate a draft Order approving the methodological norms enforcing the provisions of art. 131 from Government … Read the rest more…
Romanian Legal Week in brief: April 30-May 6, 2018

Romanian Legal Week in brief: April 30-May 6, 2018

Order regarding upper-limit medicine price. On Friday, the 27th of April 2018, the Ministry of Health launched into public debate an Order amending and supplementing Annexes 1 and 2 to the Minister’s Order no. 251/2017 approving upper-limit prices for … Read the rest more…
Romanian Legal Week in brief: April 23-29, 2018

Romanian Legal Week in brief: April 23-29, 2018

Real estate publicity. New provisions regarding personal data processing. On Monday, the 23rd of April 2018, GEO no. 31/2018 amending and supplementing real estate cadastre and publicity law no. 7/1996 was published in the Official Journal of Romania, part … Read the rest more…
Romanian Legal Week in brief: April 16-22, 2018

Romanian Legal Week in brief: April 16-22, 2018

Government Decision regarding national strategy for immigration 2015-2018 amended. On Monday, the 16th of April 2018, the Ministry of Internal Affairs launched into public debate a draft amending and completing Government Decision no. 780/2015 approving the national strategy for … Read the rest more…

Short considerations regarding the Controller and Processor and their legal liability pursuant to GDPR rules

In accordance to the provisions of art. 16 (2) of the Treaty on the Functioning of the European Union (TFEU) the European Parliament and the Council proceeded towards the adoption of Regulation (EU) 2016/679 (Regulation/GDPR) in Brussels on 27th… Read the rest more…
Romanian Legal Week in brief: April 9-15, 2018

Romanian Legal Week in brief: April 9-15, 2018

Bill regarding prevention and control of drug trafficking and use. On Tuesday, the 10th of April 2018, the Ministry of Internal Affairs launched into public debate a bill supplementing Law no. 143/2000 regarding the prevention and control of drug … Read the rest more…

Biriş Goran strengthens its GDPR consultancy team through the cooperation with Privacy One

Bucharest, 12 April 2018. Biriş Goran, ranked among the top Romanian law firms, and PrivacyOne, a boutique firm specialized in legal advice on personal data protection, announce that they will join forces to provide consolidated advisory services in the field … Read the rest more…
Romanian Legal Week in brief: April 2-8, 2018

Romanian Legal Week in brief: April 2-8, 2018

Decision regarding national apiarian program 2017-2019. On Friday, the 30th of March 2018, the Ministry of Agriculture and Rural Development launched into public debate a draft amending and supplementing Government Decision no. 443/2017 regarding the approval of national apiarian … Read the rest more…
ULI / PwC Report: Amidst a Late-cycle Property Market and Evolving Business Models, the Global Real Estate Industry Remains Strong

ULI / PwC Report: Amidst a Late-cycle Property Market and Evolving Business Models, the Global Real Estate Industry Remains Strong

Despite being late in its cycle, the global real estate market is benefiting from strong returns for investors and a positive global economic outlook, according to Emerging Trends in Real Estate® – The Global Outlook for 2018, an … Read the rest more…
Romanian Legal Week in brief: March 26-April 1, 2018

Romanian Legal Week in brief: March 26-April 1, 2018

Annex regarding managing methods of vehicles and out of use vehicles amended. On Friday, the 23rd of March 2018, the Ministry of Environment launched into public debate a draft Order amending Annex no. 3 to Law no.212/2015 regarding the … Read the rest more…
Romanian Legal Week in brief: March 19-25, 2018

Romanian Legal Week in brief: March 19-25, 2018

Norms regarding EGO implementation for public debt amended. On Friday, the 16th of March 2018, the Ministry of Public Finances launched into public debate a draft amending the methodological norms for the implementation of Emergency Government Ordinance no. 64/2007 … Read the rest more…
Romanian Legal Week in brief: March 12-18, 2018

Romanian Legal Week in brief: March 12-18, 2018

The Council of Banking Employers in Romania and the Romanian Banks Association request debates regarding legislative initiatives with impact in the banking field. As of 12  March 2018, the Romanian Banking Association and the Banking Council of Romania – as … Read the rest more…
Romanian Legal Week in brief: March 5-11, 2018

Romanian Legal Week in brief: March 5-11, 2018

Bucharest Stock Exchange holds the first place in the top of the growths in the EU with a plus of 9% in the first two months On Monday, the 5th of March 2018, Bucharest Stock Exchange registered a 9% … Read the rest more…
Romanian Legal Week in brief: February 26-March 4, 2018

Romanian Legal Week in brief: February 26-March 4, 2018

State aid regarding non-competitive mine shut downs. On Tuesday, the 27th of February 2018, the Ministry of Energy launched into public debate a draft approving state aid for non-competitive mine shut downs. [source] Order regarding certain protection equipment for … Read the rest more…

Simona Halep signs new commercial endorsement contract

WTA world number 1 tennis player Simona Halep has recently signed a new commercial endorsement contract with the worldwide top 3 apparel company Nike. The new commercial arrangement comes after finalizing her 4-year partnership with Adidas in January 2018. PNSA … Read the rest more…

Law no. 51 from June 7, 1995 for the organisation and practice of the lawyer’s profession

CHAPTER I: General provisions Article 1 (1) The lawyer’s profession shall be free and independent, based on an autonomous organisation and functioning, under the terms of the law and the by-law of the profession. (2) The lawyer’s profession shall only … Read the rest more…

OPEN LETTER OF ROMANIAN MAGISTRATES FOR SUSTAINING THE INDEPENDENCE OF THE JUDICIARY

We, the undersigned, judges and prosecutors, In view of the latest public debates, that seriously undermine the independence of the judiciary and the progress of the Romanian State within the European Union, we hereby convey the following message: An independent … Read the rest more…
Romanian Legal Week in brief: February 18-25, 2018

Romanian Legal Week in brief: February 18-25, 2018

Government Decision regarding goods in state private domain. On Tuesday, the 20th of February 2018, the Ministry of Public Finances launched into public debate a draft amending and completing the Methodological Norms of Government Ordinance no. 14/2007 regarding the … Read the rest more…

WHITE PAPER – CHANGES TO THE ROMANIAN „JUSTICE LEGISLATION”– POTENTIAL COLLAPSE OF ROMANIAN MAGISTRACY

The combined effects of some of the regulations contained in the provisions adopted in Parliament in relation to the justice  legislation, although not declared unconstitutional (either because they have not been challenged or because the objections of unconstitutionality were not … Read the rest more…
Romanian Legal Week in brief: February 12-18, 2018

Romanian Legal Week in brief: February 12-18, 2018

Order regarding payment schemes in agriculture for 2015-2020 amended. On Friday, the 9th of February 2018, the Ministry of Agriculture and Rural Development launched into public debate a draft Order amending the Minister’s Order no. 619/2015 approving eligibility criteria, … Read the rest more…
Romanian Legal Week in brief: February 5-11, 2018

Romanian Legal Week in brief: February 5-11, 2018

Statute regarding constructions amended. On Friday, the 2nd of February 2018, the Ministry of Regional Development and Public Administration launched into public debate a project amending and completing Government Decision no. 203/2003 approving the Statute regarding technical and costs … Read the rest more…

Variations under the new Government Decision 1/2018 – works not designed by the Contractor

For the approval of the public procurement contracts to be used for works financed from public funds CAPITALIZED TERMS used as per GD 1/2018 Starting with 11 January 2018 the Government Decision 1/2018 (“GD 1/2018”) entered into force. GD 1/2018 … Read the rest more…

ROMANIA, DECEMBER 2017: MAGISTRATES CAN PROTEST. MAGISTRATES SHOULD PROTEST / AMICUS CURIAE BRIEF FOR THE CONSTITUTIONAL COURT OF ROMANIA

ROMANIA, DECEMBER 2017: MAGISTRATES CAN PROTEST. MAGISTRATES SHOULD PROTEST Romania, December 2017. Exactly a week before Christmas, hundreds of Romanian judges, prosecutors, and trainee magistrates silently protested in front of their institutions, holding their robes or the Constitution, but most … Read the rest more…
Romanian Legal Week in brief: January 29-February 4, 2018

Romanian Legal Week in brief: January 29-February 4, 2018

Law regarding non-patrimonial associative organisations in Romania. On Friday, the 26th of January 2018, the National Bar Union of Romania published a bill regarding non-patrimonial associative organisations.  [source] Accounting norms completed. On Monday, the 29th of … Read the rest more…

Main aspects seriously affecting the Romanian judicial system

    I. The destruction of human resource pool in courts and prosecutor’s offices Through the amendments of 303, 304 and 317/2004 laws the main goal (intentionally or not) is to obtain the decrease and loss of professionalism for the magistrates, doubled … Read the rest more…
Romanian Legal Week in brief: January 22-28, 2018

Romanian Legal Week in brief: January 22-28, 2018

Some normative acts regarding workforce amended. On Monday, the 22nd of January 2018, the Ministry of Labour and Social Justice launched into public debate a draft amending and completing some normative acts regarding workforce. [source] Procedure for … Read the rest more…

Romanian Judges` Forum and Association of Romanian Prosecutors – Remarks concerning the Transposition of Directive (EU) no. 2016/343

The proposed amendments to the Criminal Code and to the Criminal Procedure Code are in breach of several international obligations that Romania has assumed as a member state of the European Union and as a party to the Council of … Read the rest more…
Bondoc şi Asociaţii assisted JD Norman Industries Inc.

Bondoc şi Asociaţii assisted JD Norman Industries Inc.

Bondoc şi Asociaţii assisted JD Norman Industries Inc., a US-based manufacturer of steel components for the industrial area, in particular for the automotive industry, in connection with all Romanian law aspects related to the acquisition of REGE Automotive Brasov under … Read the rest more…
Romanian Legal Week in brief: January 15-21, 2018

Romanian Legal Week in brief: January 15-21, 2018

Methodology for organizing and operation of the control and evaluation of the probation system’s activity. On Monday, the 15th of January 2018, the Ministry of Justice launched into public debate the draft of the Minister of Justice’s Order regarding … Read the rest more…
Mușat & Associații advises Spectrum Brands Unit on the $2 billion sale of its lightning business to Energizer

Mușat & Associații advises Spectrum Brands Unit on the $2 billion sale of its lightning business to Energizer

  Mușat & Asociații is part of the legal team advising Spectrum Brands Unit, a $5 billion consumer products company, in connection with the $2 billion sale of its global battery and portable lightning business to Energizer Holding Inc., one … Read the rest more…
Increasingly complex global security environment likely to drive increased global defense spending to 2021

Increasingly complex global security environment likely to drive increased global defense spending to 2021

Improving economic conditions and increasing pressure from NATO allies will likely enhance the prospects for more NATO nations to meet the 2% guideline in the next five years. Analysis by PwC shows that the compound annual growth rate of defense … Read the rest more…

The Romanian Judges’ Forum Association hereby requests the approval to submit the following arguments in connection to the constitutional objections on the provisions of the Law regarding the amendment of Law no. 303/2004, the Law regarding the amendment of Law no. 304/2004 and the Law regarding the amendment of Law no.317/2004, raised by the High Court of Cassation and Justice, the Parliamentary group of the National Liberal Party of the Romanian Chamber of Deputies (52 deputies) and the Parliamentary group of the National Liberal Party of the Romanian Senate (29 senators)

Regarding cases no. 2978AI/2017, no. 2978AI/2017, no. 2955AI/2017, no. 2962AI/2017, no.2964AI/2017, no.2972AI/2017 and no.2965AI/2017 Preamble The undersigned Romanian Judges’ Forum Association, an independent, non- profit, non-governmental and apolitical association of Romanian judges, having legal personality established by the Slatina … Read the rest more…

Replacement of the FIDIC Conditions of Contract by new forms of public procurement contracts mandatory for public works – Claims and Disputes

The Government Decision no. 1/2018 issued on 10 January 2018 introduces new general and particular conditions of contract for building works designed by the Employer, as well as for design-build projects, applicable to all the investment objectives financed by public … Read the rest more…
Bondoc si Asociatii Brings Cosmin Stavaru on Board as Partner

Bondoc si Asociatii Brings Cosmin Stavaru on Board as Partner

Cosmin Stavaru has over 13 years of experience in business law, and during his career, he has assisted private investors, local and international corporations, investment funds and institutional clients in major transactions, most of them in areas such as real … Read the rest more…
New Partners with POPOVICI NIŢU STOICA & ASOCIAŢII

New Partners with POPOVICI NIŢU STOICA & ASOCIAŢII

POPOVICI NIȚU STOICA & ASOCIAȚII promotes three lawyers to partnership. Dispute resolution lawyer Raluca Petrescu, Competition lawyer Mihaela Ion and Real Estate lawyer Ioana Șampek have joined the PNSA partnership as of 1 January 2018. Raluca Petrescu became Partner in … Read the rest more…
Romanian Legal Week in brief: January 8-14, 2018

Romanian Legal Week in brief: January 8-14, 2018

Norms in the pharmacovigilance field repealed. On Friday, the 5th of January 2018, the Ministry of Health launched into public debate the draft order repealing some orders regulating the pharmacovigilance field. [source] State aid regarding fuel used … Read the rest more…
Considerations regarding the attributions of the prefect in the field of state aid

Considerations regarding the attributions of the prefect in the field of state aid

 Abstract In recent years the prefect (in his capacity as representative of the Government at the local level) gained tasks relating to domestic proceedings in the field of state aids granted by local government authorities to various beneficiaries. The article … Read the rest more…

Coverage of the Romanian magistrates’ protests in the international press:

Euronews: Hundreds of Romanian judges and magistrates have taken part in protests in front of Bucharest’s main courts. They turned out to show their opposition to government imposed changes to the country’s legal system which are currently going through … Read the rest more…

Magistrates Can Protest. Magistrates Should Protest

Romania, December 2017. Exactly a week before Christmas, hundreds of Romanian judges, prosecutors, and trainee magistrates silently protested in front of their institutions, holding their robes or the Constitution, but most of them showing printed versions of the common oath … Read the rest more…
Bondoc & Asociatii Wins a Complex Case Involving Allegations of Malpractice in a Clinical Trial

Bondoc & Asociatii Wins a Complex Case Involving Allegations of Malpractice in a Clinical Trial

The case has been tried for 5 years, involving allegations of malpractice related to the conducting of a clinical trial and the impact of the drug on a patient. The case was unusual both in terms of the addressed aspects … Read the rest more…
Romanian Legal Week in brief: January 1-7, 2018

Romanian Legal Week in brief: January 1-7, 2018

Law regarding public-private partnership amended. On Thursday, the 28th of December 2017, Government Ordinance no. 104/2017 amending and completing Law no. 233/2016 regarding the public-private partnership was published in the Official Journal of Romania. [source] Law regarding … Read the rest more…
Romanian Legal Week in brief: December 25-31, 2017

Romanian Legal Week in brief: December 25-31, 2017

Methodological norms regarding modern payment systems. On Wednesday, the 27th of December 2017, the Ministry of Public Finances launched into public debate a draft approving the methodological norms applying GEO no. 193/2002 regarding modern payment systems. [source]… Read the rest more…
Romanian Legal Week in brief: December 18-24, 2017

Romanian Legal Week in brief: December 18-24, 2017

Norms regarding produce grower organisations recognition. On Monday, the 18th of December 2017, the Ministry of Agriculture and Rural Development launched into public debate the draft Order approving norms recognising produce grower organisations and other produce associations. [source… Read the rest more…

Global fintech landscape dominated by innovative solutions focused on radically transforming financial services

A recent global survey conducted by KPMG shows that financial institutions perceive fintech as being the main source of disruption in the sectors in which they are active (as seen by 57% of respondents, compared to 51% for regulatory changes … Read the rest more…

Shorter, clear and consistent – The claims/dispute resolution procedure applicable to the FIDIC Plant and Design-Build public procurement contracts in 2018

Order no. 600/2017 issued by the Romanian Ministry of Transportation on 30 May 2017 introduced new particular conditions of contract for the FIDIC Plant and Design-Build public procurement contracts applicable to the investment objectives from the field of transportation road … Read the rest more…
Romanian Legal Week in brief: December 11-17, 2017

Romanian Legal Week in brief: December 11-17, 2017

Methodological norms regarding the community healthcare. Draft. On Wednesday, 7th of December 2017, the Ministry of Health has launched in public debate a draft of Government Decision for the approval of the methodological norms regarding the organization, operation and financing … Read the rest more…
Deloitte Central Europe PE Survey: Romania plays in the big league

Deloitte Central Europe PE Survey: Romania plays in the big league

Bucharest, 14 December 2017. On the backdrop of a stable economic context in the region and with growing macroeconomic indicators, Romania has won the deal doers’ trust now becoming a core market for private equity funds next to Poland, … Read the rest more…
Deloitte Global TMT Predictions: Live Events, On-Demand Content Attract Consumers as Machine Learning Jump-starts Business Growth

Deloitte Global TMT Predictions: Live Events, On-Demand Content Attract Consumers as Machine Learning Jump-starts Business Growth

Bucharest, 13 December 2017 – Deloitte Global forecasts major strides in machine learning for the enterprise, a worldwide appetite for digital subscriptions among consumers, and ongoing smartphone dominance—along with eight additional predictions—as part of the 17th edition of the … Read the rest more…
Four Romanian companies present in Deloitte 2017 Technology Fast 500TM EMEA Rankings

Four Romanian companies present in Deloitte 2017 Technology Fast 500TM EMEA Rankings

Bucharest, 11 December 2017 – Trencadis, Tremend, APSISWARE and Qualitance represent Romania in this year’s Deloitte’s Technology Fast 500™ rankings for Europe, the Middle East, and Africa (EMEA). Now in its 17th year, the list is compiled by Deloitte … Read the rest more…
Romanian Legal Week in brief: December 4-10, 2017

Romanian Legal Week in brief: December 4-10, 2017

Government Ordinance regarding social integration of foreigners amended. On Monday, the 4th of December 2017, the Ministry of Internal Affairs launched into public debate the draft amending and completing Government Ordinance no. 44/2004 regarding social integration of foreigners who … Read the rest more…
Romanian Legal Week in brief: November 27-December 3, 2017

Romanian Legal Week in brief: November 27-December 3, 2017

Amending of forms regarding taxes and excises. On Monday, the 27th of November 2017, the National Agency of Fiscal Administration launched into public debate the draft Order amending and completing the president’s Order no. 3386/2016 approving the template and … Read the rest more…

Romania ranks 42nd in the PwC Paying Taxes 2018 global index

Romania climbed 8 ranks, up to the 42nd place in the PwC Paying Taxes 2018 global index, which measures the ease of paying taxes for a typical company in 190 countries around the world. “This is the best ranking … Read the rest more…
Deloitte Romania welcomes new Consulting practice head

Deloitte Romania welcomes new Consulting practice head

Bucharest, 27 November 2017. Deloitte Romania is pleased to announce that Dinu Bumbacea will join the firm to strengthen the Deloitte Consulting practice as partner-in-charge, effective December 2017. Oana Petrescu, who has led Deloitte Consulting during the past five years, … Read the rest more…
Romanian Legal Week in brief: November 20-26, 2017

Romanian Legal Week in brief: November 20-26, 2017

Emergency Government Ordinance amending some normative acts. Emergency Government Ordinance no. 82/2017 amending and completing some normative acts was published in the Official Journal of Romania, part I, no. 902 on the 16th of November 2017. [source]… Read the rest more…

PwC Romania consolidates its technology consulting capabilities by creating a SAP specialized team

Radu Bădiceanu, technology consultant with over 10 years of experience in implementing SAP systems, was recruited as leader of this PwC team  PwC Romania announces the expansion of its management consulting services through the creation of a dedicated SAP technology … Read the rest more…

PwC Romania opens new Chinese desk and recruits Wang Di as Chinese Business Group Leader

PwC Romania announces the opening of a Chinese desk dedicated to serving Chinese companies and individual clients and has recruited Wang Di as Chinese Business Group Leader for the entire South-Eastern Europe. “Chinese companies are looking for investment opportunities all … Read the rest more…
Romanian Legal Week in brief: November 13-19, 2017

Romanian Legal Week in brief: November 13-19, 2017

Construction categories requiring fire safety approval. On Monday, the 13th of November 2017, the Ministry of Internal Affairs launched into public debate the draft amending and completing Government Decision no. 571/2016 approving building categories requiring fire safety permits. [… Read the rest more…
Romanian Legal Week in brief: November 6-12, 2017

Romanian Legal Week in brief: November 6-12, 2017

Fiscal Code amended. On Wednesday, the 8th of November 2017, the Romanian Government approved the Emergency Government Ordinance amending and completing Law no. 227/2015 regarding the Fiscal Code. [source] Regulations regarding typical homologation and vehicle identification card … Read the rest more…
Deloitte Survey: Romanian credit institutions believe PSD 2 will be a game changer in the next two-three years

Deloitte Survey: Romanian credit institutions believe PSD 2 will be a game changer in the next two-three years

Bucharest, 9 November 2017. With the revised Payment Services Directive (PSD 2) coming into force next year, Deloitte Romania together with Reff & Associates, the law firm representing Deloitte Legal in Romania, conducted a survey between August and September among … Read the rest more…

Romanian Judges and Prosecutors against Proposed Changes of Laws Regarding the Judiciary

In October 2017, approximately 4,000 Romanian judges and prosecutors, more than half of their total, appropriated the Memorandum to withdraw the draft amendment to the “laws of justice”, addressed to the Romanian Government following the refusal of taking into … Read the rest more…

Romanian Judges’ Forum: Legislative proposals recently initiated by the Chamber of Deputies lack motivation, are retrograde and affect the independence of the judiciary

The Romanian Judges’ Forum draws public attention to the Chamber of Deputies legislative initiative issued by a group of eight Members of the Parliament on 31 October 2017 without a proper explanatory memorandum / statement of reasons (according to Article … Read the rest more…
Romanian Legal Week in brief: October 30-November 5, 2017

Romanian Legal Week in brief: October 30-November 5, 2017

Fiscal code amending regarding second-hand vehicle commercialising. On Tuesday, the 31st of October 2017, the Senate registered a draft amending Law no. 227/2015 regarding the Fiscal Code. According to the justification instrument, the goal is eliminating commercial operations that … Read the rest more…

Romanian Judges’ Forum regarding the naming procedure of chief magistrates

In this regard the Justice Minister proposes the revision of the laws of justice, as it follows: The President and the Vice-Presidents of the High Court of Cassation and Justice will be named by Romania`s President after the Superior Council … Read the rest more…

Romanian Judges’ Forum on modifying the recruitment system of magistrates

The Minister of Justice proposes to review the “laws of justice”, in the following sense: – Candidates must be physically and psychologically apt to serve as magistrate; – Candidates must be at least 30 years of age; – Candidates must … Read the rest more…

UNBR – BOTA AND INPPA – BOTA DO NOT HAVE LEGAL EXISTENCE!

At the express request of the National Association of the Romanian Bars headquartered in Bucharest, Splaiul Independenţei no.5, disctrict 5, postal code 050091, Taxpayer identification number RO4315974, represented by the President lawyer Gheorghe Florea, the Ministry of Justice proceeded to … Read the rest more…

Romanian Judges’ Forum regarding the reinstatement to magistracy, without examination, of judges or prosecutors with at least 10 years of relevant experience

Regarding this proposal of the Minister of Justice to review the “laws of justice”, the reinstatement to magistracy, without further examination, of former judges or prosecutors with at least 10 years of experience in these professions is another controversial element … Read the rest more…

PwC Romania has recruited Cristian Gavril as a Director in the Business Recovery Services Department

PwC Romania strengthens its business recovery services (BRS) team with the recruitment of Cristian Gavril, who has joined as a Director. “With Cristian Gavril joining our practice, I am confident that PwC has one of the best and most … Read the rest more…

Romanian Judges’ Forum regarding the salary rights of magistrates according to their current positions, regardless of their professional status

Regarding this proposal of the Minister of Justice to review the “laws of justice”, first of all, such an idea has never been debated, this being the first time such an amendment has been made, without any previous consultation with … Read the rest more…
Țuca Zbârcea & Asociații launches “Better Business in Romania 2017”, a user-friendly legislative guide

Țuca Zbârcea & Asociații launches “Better Business in Romania 2017”, a user-friendly legislative guide

Țuca Zbârcea & Asociații has launched the 2017 edition of the Better Business in Romania” publication during Trade Winds 2017 – Southeast Europe Business Forum and Trade Mission, the largest annual U.S. Government-led trade mission. The event was … Read the rest more…

The Romanian Judges’ Forum on the abrogation of the legal provisions related to the taking over the budget of the other Courts by The High Court of Cassation and Justice

Related to the proposal made by the Justice Department concerning the review of the „justice laws”, when the Law no. 304/2004 was adopted, the goal was the ensuring of the independence and the stability of the Judges, regardless their level … Read the rest more…

Romanian Judges’ Forum regarding the material liability of the magistrates

Regarding the Justice Minister’s proposal of the review of justice laws even though this is a very commun subject, in fact, it requiers an extremely technical analysis.   In view of the European legal framework The Consultative Council of European … Read the rest more…
Deloitte Survey: Perception of the Romanian business environment on the evolution of tax system in 2017

Deloitte Survey: Perception of the Romanian business environment on the evolution of tax system in 2017

Bucharest, 30 October 2017 – On the occasion of the annual conference Taxnology, Deloitte Romania conducted a survey among the participants representing of some of the largest investors in Romania, to find out the perception of the business environment … Read the rest more…

The Romanian Judges’ Forum on the setting up within the SCCP of a specialized directorate with the exclusive competence to carry out criminal prosecution for the acts committed by judges and prosecutors

Regarding this proposal of the Minister of Justice to review the “laws of justice”, first of all, such an idea has lacked explications about the necessity to implement such structure. A special structure is justified only with a special problem. … Read the rest more…
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