1. Background There is a new legislative project to be adopted at European Union level, namely the Proposal for a Council Regulation on an emergency intervention to address high energy prices (the “Proposal”). The Proposal comes in the context of… Read moreEuropean Union – New proposal in the context of the energy crisis
Wolf Theiss acted as legal advisor to Emona Capital LLP (“Emona Capital”), a London-based investment firm, on the acquisition of a minority stake in Amber Studio SA (“Amber”), a leading global independent game developer and studio services agency, with funds… Read moreWolf Theiss advises Emona Capital on USD 20 million minority investment in Amber Studio
EGO on industrial license. On Wednesday, the 21st of September 2022, the Ministry of Entrepreneurship and Tourism set for public debate the EGO on the unique industrial license. The unique industrial license is a unilateral administrative act which grants the… Read more<strong>RLWeek</strong> September 26 – October 2, 2022: EGOs on industry, research, medical equipment and evaluation, fuel, salaried individuals, mining, the environment, and overseas lawyers
On 27 September 2022, the Romanian Competition Council (RCC) launched a sector investigation into the Romanian retail pharma market in an attempt to identify obstacles or impediments limiting consumer access to drug products. The investigation will focus on the supply… Read moreRomanian competition council launches investigation of pharma market
Introduction Throughout the years, several efforts prior to the latest implementations of cryptocurrency failed to achieve mainstream momentum. These contain concepts from the Netherlands and the United States in the early 1980s. Digicash, which collapsed within the 1990s, may have… Read moreCryptocurrencies as a payment method in the Vienna Convention on international sales of goods
The multidisciplinary team made of lawyers specialized in tax disputes from Reff & Associates | Deloitte Legal and tax advisors from Deloitte Romania was awarded with the highest distinction for Romania in the Tax Disputes category, at the 2022 edition… Read moreThe multidisciplinary tax disputes team of Reff & Associates | Deloitte Legal and Deloitte Romania, recognized by International Tax Review in the Tax Disputes category and in the 2023 World Tax Guide
National education law amended. On Friday, the 16th of September, 2022, the Ministry of Education set for public debate the draft Emergency Government Ordinance (EGO) amending and supplementing the National Education Law no. 1/2011. [source] Aid for entities at… Read more<strong>RLWeek</strong> September 19 – 25, 2022: National education law amended. Aid for entities at CO2 risk. Aid for farm operators. Recycling and waste EGO
On 1 September 2022, the Romanian government published Emergency Ordinance no. 119/2022 (GEO 119) in the Official Gazette, which amends and supplements Government Emergency Ordinance no. 27/2022 on measures that will apply to the electricity and natural gas markets between… Read moreRomania takes further steps in response to the energy market prices
Dealmakers bullish despite challenging market conditions • M&A expectations run high: Almost all respondents (88%) are currently considering M&A. • Undervalued targets and distressed sales to drive activity: The biggest buy-side driver of M&A is expected to be the availability… Read moreBoom and gloom? European M&A Outlook 2023
SIMION & BACIU is proud to announce that it is the winner of the Trademark Firm of the Year for Romania distinction, presented by IAM and World Trademark Review (WTR) during the Global IP Awards ceremony organized on 15 September… Read moreSIMION & BACIU wins the Trademark Firm of the Year for Romania award at the Global IP Awards 2022
