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

Răzvan Cristian Rugină 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 … 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

Ioana-CătălinaBarbu Norms in the pharmacovigilance field repealed.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 … 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

IrinaAlexe  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. … 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

Ioana-CătălinaBarbu 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]… Read the rest more…
Romanian Legal Week in brief: December 25-31, 2017

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

Ioana-CătălinaBarbu 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. [… Read the rest more…
Romanian Legal Week in brief: December 18-24, 2017

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

Ioana-CătălinaBarbu 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. … 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

Raluca-AndreeaTrîncă-Găvan 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 … 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

Ioana-CătălinaBarbu 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 … Read the rest more…
Romanian Legal Week in brief: November 27-December 3, 2017

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

Ioana-CătălinaBarbu 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 … Read the rest more…
Romania ranks 42nd in the PwC Paying Taxes 2018 global index

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

Ioana-CătălinaBarbu 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. [… Read the rest more…
PwC Romania consolidates its technology consulting capabilities by creating a SAP specialized team

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 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

Ioana-CătălinaBarbu 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 … Read the rest more…
Romanian Legal Week in brief: November 6-12, 2017

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

Ioana-CătălinaBarbu 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 … 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

Ioana-CătălinaBarbu 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 … 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 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…
Romanian Legal Week in brief: October 23-29, 2017

Romanian Legal Week in brief: October 23-29, 2017

Ioana-CătălinaBarbu Annex regarding upper-limit price caps on medicine amended. On Monday, the 23rd of October 2017, the Ministry of Health launched into public debate the draft Order amending and completing Annexes no. 1 & 2 to the Minister’s … Read the rest more…

Romanian Judges’ Forum on the changes attempted to be made to the conditions of promoting within magistracy

Regarding this proposal made by the Minister of Justice to amend ”the justice laws”, the CVM reports welcoming the evolution of the magistracy indicated in a certain manner that a merit-based promotion ensures the foundation of an independent judiciary body, … Read the rest more…

Romanian Judges’ Forum regarding the strict delimitation between the judges’ careers and the prosecutors’ careers

Regarding this proposal made by the Minister of Justice to amend ”the justice laws”, one has to take into account the fact that the contentious constitutional court has already mentioned by its Decision no.331 of April 3rd, 2007… Read the rest more…

Romanian Judges’ Forum on the reorganization of the Judicial Inspection, as a legal personality structure within the Ministry of Justice

With reference to this amendment proposed by the Minister of Justice on the „laws of justice”, there has never been during prior talks, beginning with 2016, such an issue put forward concerning any modification of the statute of the Judicial … Read the rest more…
A new generation of leaders: Deloitte Romania promotes seven senior experts to directors

A new generation of leaders: Deloitte Romania promotes seven senior experts to directors

Bucharest, 25 October 2017. Deloitte Romania announces the promotion to the position of director of seven senior experts from business lines that have recorded significant growth in the financial year that ended in May: tax, audit and financial advisory services.… Read the rest more…
Romanian Legal Week in brief: October 16-22, 2017

Romanian Legal Week in brief: October 16-22, 2017

Raluca-AndreeaTrîncă-Găvan Amendment of annex regarding the activity of the Ministry of Transport. Draft. On Monday, the 16th of October 2017, the Ministry of Transportation launched in public debate a draft of Government Decision for the amendment of Annex … Read the rest more…
PwC Sees USD 9.46 Billion Drone Solutions Market for Power, Utilities Industries

PwC Sees USD 9.46 Billion Drone Solutions Market for Power, Utilities Industries

 The global market in drone-powered solutions for the power and utilities industries is worth as much as USD 9.46 billion a year, PwC estimates in a new report that illustrates how creative uses of unmanned aerial vehicles are disrupting the … Read the rest more…
Deloitte annual conference Tax&Legal: Taxnology, how fiscality changes due to technology

Deloitte annual conference Tax&Legal: Taxnology, how fiscality changes due to technology

Deloitte introduced the firm’s apps for digital era   Bucharest, 17 October 2017. The impact of the latest tech changes on fiscality were discussed from several perspectives during the annual conference Taxnology, organized by Deloitte Romania and Reff & … Read the rest more…
Deloitte Technology Fast 50: Three Romanian companies among the fastest-growing technology companies in CE

Deloitte Technology Fast 50: Three Romanian companies among the fastest-growing technology companies in CE

UiPath, the first business ever to win a special distinction for the Most Disruptive Innovation Award   Bucharest, 16 October 2017. Three Romanian companies made it to the Central European Deloitte Technology Fast 50 ranking and one received a special … Read the rest more…
Romanian Legal Week in brief: October 9-15, 2017

Romanian Legal Week in brief: October 9-15, 2017

Ioana-CătălinaBarbu Law regarding produce transportation on public roads amended. On Monday, the 9th of October 2017, the Ministry of Transportation launched into public debate the draft amending Law no. 108 from July 10 2014 regarding the transportation of … Read the rest more…
Deloitte Analysis: In Q3 there were two acquisitions announced every week

Deloitte Analysis: In Q3 there were two acquisitions announced every week

Bucharest, 9 October 2017. The M&A market in Romania has reached 898 million EUR in Q3, according to public sources and disclosed transactions, an analysis performed by Deloitte Romania has revealed. Twenty-eight deals were announced in Q3, including those with … Read the rest more…
Suciu Popa announces trio of partner promotions

Suciu Popa announces trio of partner promotions

Bucharest, 9 October 2017 – Suciu Popa is delighted  to announce the promotion of Roxana Fercală, Andrei Georgescu and Crina Ciobanu to the firm’s partnership. Prior to these promotions, Crina, Roxana and Andrei have been with Suciu Popa as Managing … Read the rest more…
Romanian Legal Week in brief: October 2-8, 2017

Romanian Legal Week in brief: October 2-8, 2017

Ioana-CătălinaBarbu Mine law. On Monday, the 2nd of October 2017, the Ministry of Economy launched into public debate the draft for the Mine law. [source] Order regarding work-related illnesses amended. On Tuesday, the 3rd of … Read the rest more…
Reff & Asociates awarded once more for the largest real estate deal in Romania

Reff & Asociates awarded once more for the largest real estate deal in Romania

Bucharest, 6 October 2017. Reff & Associates, the law firm representing Deloitte Legal in Romania, has won the Largest real estate deal award during the Lawyers’ Gala 2017 (ZF Gala) organized by Ziarul financiar daily business. The award was … Read the rest more…
Romanian Legal Week in brief: September 25-October 1, 2017

Romanian Legal Week in brief: September 25-October 1, 2017

Ioana-CătălinaBarbu Support programme for companies (IMM). On Monday, the 25th 2017, the Ministry of Public Finances launched into public debate the draft for the Government Emergency Ordinance regarding the Support Programme for low-tier and mid-tier companies – IMM … Read the rest more…
The Deloitte contest for the best non-financial report in Central Europe 2017 is open for applications!

The Deloitte contest for the best non-financial report in Central Europe 2017 is open for applications!

Bucharest, 28 September 2017 – The 3rd edition of the Romania Sustainability Report Award by Deloitte, also known as Green Frog Competition, is open for applications until 20 October 2017. The awards will be offered at national and … Read the rest more…
SUCIU POPA won the TOP TRANSACTION – ENERGY AWARD at the Lawyers’ Gala Awards 2017

SUCIU POPA won the TOP TRANSACTION – ENERGY AWARD at the Lawyers’ Gala Awards 2017

ZIARUL FINANCIAR granted SUCIU POPA with the LARGEST DEAL IN ENERGY AWARD, within the LAWYERS’ GALA 2017. The award was received for assisting Enel Investment Holding BV in finalizing the acquisition of 13.6% of the share capital of E-Distributie … Read the rest more…
Romanian Legal Week in brief: September 18-24, 2017

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

Ioana-CătălinaBarbu Government Emergency Ordinance regarding military product operation control amended. On Tuesday, the 19th of September 2017, the Ministry of External Affairs launched into public debate the draft amending and completing Government Emergency Ordinance no. 158/1999 regarding the … Read the rest more…
Malta and Cyprus lead the way for growth in tourist arrivals in the Eurozone

Malta and Cyprus lead the way for growth in tourist arrivals in the Eurozone

Tourism’s share of global economic output rose to more than 3% in 2016 Peripheral Eurozone economies such as Malta and Cyprus are particularly dependent on tourism Malta and Cyprus experienced double digit growth in tourist arrivals in June 2017 But … Read the rest more…
Romanian Legal Week in brief: September 11-17, 2017

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

Ioana-CătălinaBarbu Hydromineral resource law. On Monday, the 11th of September 2017, the Ministry of Economy launched into public debate the hydromienral resource law. [source] Completion of Government Ordinance regarding cinematography. On Tuesday, the 12th of … Read the rest more…
Workers facing up to completely retraining or reskilling to tackle technology’s impact on employment

Workers facing up to completely retraining or reskilling to tackle technology’s impact on employment

Workers believe personal skills will remain in demand despite automation Almost three quarters (74%) of people surveyed by PwC are ready to learn a new skill or completely retrain to keep themselves employable, seeing it as their personal responsibility and … Read the rest more…
Deloitte Romania and The Faculty of Energetics team up to revamp the energy sector

Deloitte Romania and The Faculty of Energetics team up to revamp the energy sector

Bucharest, 11 September 2017. Deloitte Romania and the Faculty of Energetics of the Politehnica University have signed today a partnership agreement that allows the Faculty to work with the company on its energy projects and offers students access to internships … Read the rest more…
Romanian Legal Week in brief: September 4-10, 2017

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

Raluca-AndreeaTrîncă-Găvan Completion of the methodological norms regarding the organ transplant process. On Friday, the 8th of September 2017, the Ministry of Health launched into public debate a draft of Order for the completion of the Order of the Ministry … Read the rest more…
Deloitte Romania’s leadership strengthens with two new partners

Deloitte Romania’s leadership strengthens with two new partners

Bucharest, 7 septembrie 2017. Deloitte Romania welcomes two new partners who have joined the firm to strengthen the practice, thus increasing the number of partners to twenty.  “I am happy that two experienced partners with extensive international experience have joined … Read the rest more…
World Economic Forum and Deloitte – Beyond Fintech: A Pragmatic Assessment of Disruptive Potential in Financial Services

World Economic Forum and Deloitte – Beyond Fintech: A Pragmatic Assessment of Disruptive Potential in Financial Services

Bucharest, September 4, 2017. World Economic Forum and Deloitte Global’s latest report, Beyond Fintech: A pragmatic assessment of disruptive potential in financial services, studies the transformative role of fintech and other disruptive forces on the financial services industry as … Read the rest more…
Romanian Legal Week in Brief: August 28-September 3, 2017

Romanian Legal Week in Brief: August 28-September 3, 2017

Ioana-CătălinaBarbu National Council of Hunting established. Order no. 1010/2017 regarding the establishing of the National Council of Hunting was published in the Official Journal of Romania, part I, no. 689 on the 24th of August 2017. The Council … Read the rest more…
Romanian Legal Week in Brief: August 21-27, 2017

Romanian Legal Week in Brief: August 21-27, 2017

Ioana-CătălinaBarbu Technical norms regarding agricultural register completion for 2015-2019. On Saturday, the 19th of August 2017, the Ministry of Agriculture and Rural Development launched into public debate the draft Order for the approval of technical norms regarding … Read the rest more…
Romanian Legal Week in Brief: August 14-20, 2017

Romanian Legal Week in Brief: August 14-20, 2017

Ioana-CătălinaBarbu Government Emergency Ordinance for preventive financial control amended. On Wednesday, the 16th of August 2017, the Ministry of Public Finances launched into public debate the draft for the amending and completion of Government ordinance no. 119/1999 regarding … Read the rest more…
Romanian Legal Week in Brief: August 7-13, 2017

Romanian Legal Week in Brief: August 7-13, 2017

Ioana-CătălinaBarbu List of Romanian standards complying with European pyrotechnic ones. On Monday, the 7th of August 2017, the Ministry of Labour and Social Justice launched Bill for the List of Romanian standards complying with European ones regarding … Read the rest more…
Vehicle Tax Returns. Government Emergency Ordinance

Vehicle Tax Returns. Government Emergency Ordinance

Ioana-CătălinaBarbu On Monday, the 7th of August 2017, Government Emergency Ordinance no. 52 was published in the Official Journal of Romania, Part I, no. 644 for special vehicle tax return, vehicle pollution tax, vehicle-derived air pollution emission tax, and … Read the rest more…
Amending of Labour Code. Government Emergency Ordinance

Amending of Labour Code. Government Emergency Ordinance

Ioana-CătălinaBarbu On Monday, the 7th of August 2017, Government Emergency Ordinance no. 53 was published in the Official Journal of Romania, Part I, no. 644 for the amending and supplementing of Law no. 53/2003. The series of amendments is … Read the rest more…
Romanian Legal Week in Brief: July 31-August 6, 2017

Romanian Legal Week in Brief: July 31-August 6, 2017

Raluca-AndreeaTrîncă-Găvan Law of the National Archives. Draft. On Tuesday, the 1st of August 2017, the Ministry of Internal Affairs has launched in public debate the draft for the Law of National Archives. The main purpose of the … Read the rest more…
Romanian Legal Week in brief: July 24-30, 2017

Romanian Legal Week in brief: July 24-30, 2017

Ioana-CătălinaBarbu Fiscal and budgetary measures in the health field On Wednesday, the 19th of July 2017, the Ministry of Health launched into public debate the Order for the regulation of fiscal and budgetary measures in the health field.… Read the rest more…
Romanian Legal Week in brief: July 17-23, 2017

Romanian Legal Week in brief: July 17-23, 2017

Ioana-CătălinaBarbu Amending of Emergency Ordinance for traffic on public roads On Friday, the 14th of July 2017, the Ministry of Internal Affairs launched into public debate the Ordinance draft regarding the amending and completion of the Government Emergency … Read the rest more…
The CEE region needs financing of up to 615 billion Euro by 2025 in improving infrastructure projects

The CEE region needs financing of up to 615 billion Euro by 2025 in improving infrastructure projects

Central and Eastern European countries account for 28% of the EU’s territory and 22% of its population, but only 10% of its GDP. One of the main challenges that the region faces today is the financing of transport infrastructure development. … Read the rest more…
Romanian Legal Week in brief: July 10-16, 2017

Romanian Legal Week in brief: July 10-16, 2017

Raluca-AndreeaTrîncă-Găvan National Supervisory Authority for the Processing of Personal Data. Meetings regarding personal data protection by the local public administration On Tuesday, 11th of July, 2017, the National Supervisory Authority for Personal Data Processing announced that on July … Read the rest more…
Deloitte: the M&A market is emerging in Q2

Deloitte: the M&A market is emerging in Q2

Bucharest, 13 July 2017. The M&A Market in Romania has reached EUR 889 million in the second quarter of the year according to public sources and disclosed transactions, more than double compared to the first quarter, an analysis by Deloitte … Read the rest more…
Deloitte: Strong appetite for deals in the CE

Deloitte: Strong appetite for deals in the CE

  Bucharest, 10 July 2017. There are expectations of increased activity in Central Europe’s (CE) private equity (PE) landscape, with the Index gaining some momentum lost during the last Deloitte Central Europe Private Equity Confidence Survey, according to Deloitte PE … Read the rest more…
Romanian Legal Week in brief: July 3-9, 2017

Romanian Legal Week in brief: July 3-9, 2017

AdinaOprea Request for review of the Law amending provisions of Government Ordinance 22/1999 regarding the administration of harbours, the use of naval transport infrastructure part of the public domain, as well as the naval transport activities in harbours and … Read the rest more…
Regional operations centers give Romania’s real estate market a boost

Regional operations centers give Romania’s real estate market a boost

Friendly tax & legal climate make the local market attractive Bucharest, 6 July 2017. With a 4.8%-GDP growth in 2016 and the highest estimated growth rate in 2017 among EU member states, Romania has become an increasingly attractive destination … Read the rest more…
Austria. Schoenherr leads Vienna Airport to victory in hearing about third runway: Constitutional Court repeals Federal Administrative Court decision

Austria. Schoenherr leads Vienna Airport to victory in hearing about third runway: Constitutional Court repeals Federal Administrative Court decision

Schoenherr has achieved an important victory on behalf of Vienna International Airport (“VIE”) and the province of Lower Austria in the case regarding the construction of a third runway at the airport. Schoenherr partner Christian Schmelz and his team succeeded … Read the rest more…
Extending working lives could increase OECD GDP by $2 trillion, says PwC

Extending working lives could increase OECD GDP by $2 trillion, says PwC

Golden Age Index measures how well countries are harnessing the economic power of   older workers Iceland tops the table, followed by New Zealand, Israel and Sweden Israel, Germany and Australia highest movers in rankings since 2003, while Mexico, Turkey and… Read the rest more…
Deloitte promotes new tax partner

Deloitte promotes new tax partner

Bucharest, 3 July 2017. Deloitte Romania announces that Raluca Bontas has been promoted to partnership as a result of her outstanding performance in developing the business  and her contributions to the team’s growth. Leader of the tax practice and coordinator … Read the rest more…
Romanian Legal Week in brief: June 26-July 2, 2017

Romanian Legal Week in brief: June 26-July 2, 2017

Ioana-CătălinaBarbu Performance standards for management contracts On Friday, the 23rd of June 2017, the Ministry of Health launched into public debate the revision Order for the Minister’s Order no. 112/2007 regarding the performance standards based on which management … Read the rest more…
PwC Romania launches the recruitment app HireVue in order to facilitate the recruitment process for junior positions within the firm

PwC Romania launches the recruitment app HireVue in order to facilitate the recruitment process for junior positions within the firm

PwC Romania launches the online recruitment app HireVue that is meant to facilitate the recruitment process of the candidates for the junior positions available within the firm.   “The young generation is hyper-connected and mobile, engaged in so many projects, … Read the rest more…
Romanian Legal Week in brief: June 19-25, 2017

Romanian Legal Week in brief: June 19-25, 2017

Ioana-CătălinaBarbu Registration of goods in the state centralised inventory On Monday, the 19th of June 2017, the Ministry of Transportation launched into public debate the Government Decision for the registration of goods in the state’s public domain centralised … Read the rest more…
The tax practice of Deloitte’s member firms, winner at the ITR European Tax Awards

The tax practice of Deloitte’s member firms, winner at the ITR European Tax Awards

  Bucharest, June 23, 2017 – The tax practice of Deloitte’s member firms has won 24 awards at the 2017 European Tax Awards organized by the International Tax Review (ITR) publication, more than any other participating organization in this year’s … Read the rest more…
Deloitte Women on Board Survey: gender diversity on boards doubled in organizations with female leadership

Deloitte Women on Board Survey: gender diversity on boards doubled in organizations with female leadership

Bucharest, 20 June 2017. The number of women serving on boards almost doubled under a female leadership (29%) globally as compared to when boards were led by a male chair (16%), according to the fifth edition of Deloitte’s Women in … Read the rest more…
Schoenherr advises the association between Iulius Group and Atterbury Europe

Schoenherr advises the association between Iulius Group and Atterbury Europe

The Bucharest office of regional law firm Schoenherr, one of the largest players on the Romanian legal market, has provided legal assistance in the transaction through which IULIUS Group, the developer and operator of IULIUS network of shopping malls, … Read the rest more…
Romanian Legal Week in brief:  June 12-18, 2017

Romanian Legal Week in brief: June 12-18, 2017

Ioana-CătălinaBarbu New law regarding CAL – Law no. 132/2017 regarding mandatory civil motor vehicle liability for third party damages by vehicle and tram accidents  On Monday, the 12th of May 2017, Law no. 132/2017 regarding mandatory civil motor … Read the rest more…
Romanian Legal Week in brief: June 5-11, 2017

Romanian Legal Week in brief: June 5-11, 2017

Raluca-AndreeaTrîncă-Găvan Amending of Law regarding the National Defence Industry On Tuesday, the 6th of June 2017, the Ministry of Economy launched in public debate the draft of the Government Decision approving the Methodological Norms for the application of … Read the rest more…
Reff & Asociates announces new real estate practice head

Reff & Asociates announces new real estate practice head

Reff & Associates, the law firm representing Deloitte Legal in Romania, announces that Irina Dimitriu, associate partner, is taking over the role of head of the real estate practice as Irina Dimitriu joins NEPI as legal director. In her … Read the rest more…
Romanian Legal Week in brief: May 29-June 4, 2017

Romanian Legal Week in brief: May 29-June 4, 2017

Ioana-CătălinaBarbu Amending of law regarding national expert relocation to EU institutions and organs On Monday, the 29th of May 2017, the Ministry of External Affairs launched into public debate the bill for the amending and completion of Law … Read the rest more…
Investments in security efforts are driven more by regulatory requirements and not by the actual awareness of the ongoing IT security threats, shows a joint PwC Romania and Microsoft survey

Investments in security efforts are driven more by regulatory requirements and not by the actual awareness of the ongoing IT security threats, shows a joint PwC Romania and Microsoft survey

According to a joint PwC Romania and Microsoft Romania survey launched today, “Security in the Digital World”, investments in cybersecurity are mostly driven by regulatory requirements instead of the organizations awareness of the actual and ongoing IT security … Read the rest more…
Romanian Legal Week in brief: May 22-26, 2017

Romanian Legal Week in brief: May 22-26, 2017

AdinaOprea Repealing the Procedure for the Emergency Utilization of Food Consumables | Draft On Friday, the 19th of May 2017, the the draft of the order for repealing Order no. 2389/2010 of the Minister of Public Finances for … Read the rest more…
SUCIU POPA is the winner of ENERGY LAW FIRM OF THE YEAR AWARD at the Romanian Energy Awards 2017

SUCIU POPA is the winner of ENERGY LAW FIRM OF THE YEAR AWARD at the Romanian Energy Awards 2017

SUCIU POPA has won the ENERGY LAW FIRM OF THE YEAR AWARD at the sixth edition of the ROMANIAN ENERGY AWARDS GALA, an elite event organised by The Diplomat – Bucharest, which brought together the Who’s Who in the energy … Read the rest more…
IFRS 17: Deloitte comments on new international accounting standard for insurance contracts

IFRS 17: Deloitte comments on new international accounting standard for insurance contracts

Francesco Nagari, global IFRS insurance leader at Deloitte, said: “Today’s publication of IFRS 17 marks a once in a lifetime regulatory change in accounting for insurance policies. The new rules aim to bring greater transparency in the financial … Read the rest more…
Successor of family-owned business expects disruption but lacks skills

Successor of family-owned business expects disruption but lacks skills

Over 25% of successors think they will lose market share to new entrants   Bucharest, May 22, 2017 — Of the next generation of leaders of family-owned businesses interviewed by Deloitte, 46% expects that the market in which they operate … Read the rest more…
Romanian Legal Week in brief: May 15-21, 2017

Romanian Legal Week in brief: May 15-21, 2017

Ioana-CătălinaBarbu Unilateral exclusion of certain categories of foreigners from needing an entry visa in Romania On Friday, the 12th of May 2017, the Ministry of External Affairs launched into public debate a bill for the unilateral exclusion of … Read the rest more…
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