RLWeek September 14-20, 2020: Law regarding energy efficiency amended and supplemented. Law regarding competition amended and supplemented. Minimum health and security requirements for labourers against chemical agents. Law regarding measures preventing and controlling the effects of the COVID-19 pandemic amended.

Law regarding energy efficiency amended and supplemented. On Tuesday, the 15th of September 2020, the Ministry of Economy, Energy and Business Environment set for public debate a Law amending and supplementing Law no. 121/2014 regarding electricity efficiency. [source] Law regarding… Read more<strong>RLWeek</strong> September 14-20, 2020: Law regarding energy efficiency amended and supplemented. Law regarding competition amended and supplemented. Minimum health and security requirements for labourers against chemical agents. Law regarding measures preventing and controlling the effects of the COVID-19 pandemic amended.

ȚUCA ZBÂRCEA & ASOCIAȚII acted on a EUR 20 million deal whereas EBRD had acquired 25% in Vestmoldtransgaz, the Moldovan subsidiary of Transgaz       

The European Bank for Reconstruction and Development (EBRD) has recently acquired a 25% stake in Vestmoldtransgaz, the gas transmission company that is operating the newly built Ungheni-Chisinau gas pipeline. The EBRD has invested EUR 20 million as part of a… Read moreȚUCA ZBÂRCEA & ASOCIAȚII acted on a EUR 20 million deal whereas EBRD had acquired 25% in Vestmoldtransgaz, the Moldovan subsidiary of Transgaz       

Schoenherr advises OMV Petrom on strategic partnership with Auchan to open 400 MyAuchan proximity stores in Petrom filling stations

Schoenherr Romania advised OMV Petrom on all legal matters regarding the extension of an existing partnership with Auchan Retail Romania, to open 400 MyAuchan proximity stores in Petrom filling stations over the next five years. Depending on the square meterage… Read moreSchoenherr advises OMV Petrom on strategic partnership with Auchan to open 400 MyAuchan proximity stores in Petrom filling stations

RLWeek September 7-13, 2020: Government Decision amending centralised inventory of public domain goods. Approving second amendment to loan agreement between Romania and IBRD. Measures limiting the effects of energy drink consumption. Law regarding the status of waste

Government Decision amending centralised inventory of public domain goods. On Monday, the 7th of September 2020, the Ministry of Health set for public debate a Government Decision repealing a position in annex no. 15 to Government Decision no. 1705/2006 approving… Read more<strong>RLWeek</strong> September 7-13, 2020: Government Decision amending centralised inventory of public domain goods. Approving second amendment to loan agreement between Romania and IBRD. Measures limiting the effects of energy drink consumption. Law regarding the status of waste

The Romanian Draft Law on the authorisation of 5G technology manufacturers and its effects on competition: a challenge for mobile operators and competition regulators

1. Background A draft law on measures relating to information and communication infrastructures of national interest and the conditions for the implementation of 5G networks (the “Draft Law”) was launched on August 4, 2020 for public consultation by the Ministry… Read moreThe Romanian Draft Law on the authorisation of 5G technology manufacturers and its effects on competition: a challenge for mobile operators and competition regulators

Romania passes new tax incentives to bolster business

On 4 September 2020, Romania enacted Government Emergency Ordinance no. 153/2020 (GEO 153/2020), which introduces progressive bonifications for companies improving their equity position. GEO 153/2020 also includes new provisions regarding the calculation of annual corporate income tax (CIT) vis-à-vis government-granted… Read moreRomania passes new tax incentives to bolster business