Author: Varinia Radu

On 28 December 2022, the Romanian Government passed Government Ordinance no.186/2022 (GEO), which introduces taxation of excessive profits generated by companies and permanent establishments operating in the oil, natural gas, coal, and refining sectors. This GEO was mandated by EU… Read moreRomania imposes temporary windfall tax for the oil, gas, coal industries and the refining sector

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

Further to the decision to subsidise rising electricity and gas prices prior to the cold season (Romania caps electricity gas prices imposes windfall tax for producers (cms-lawnow.com)), which was revised last month (Romania revises legal provisions for social protection of… Read moreRomania extends measures against high electricity and gas prices

In response to the rising cost of international electricity and gas markets and their effects, the Romanian government issued Emergency Ordinance 3/2022  (GEO 3), published in the Official Gazette no. 79 on January 26, and amending and supplementing Government Emergency… Read moreRomania revises legal provisions for social protection of energy consumers

The project of updating the national legal framework in the electricity sector, to transpose the provisions of Directive (EU) 2019/944 of the European Parliament and of the Council of 5 June 2019 on common rules for the internal market for… Read moreOverview of the Romanian Energy Law, recently reformed by Government Emergency Ordinance no. 143 from 28 december 2021

On 7 September 2021, the Romanian parliament adopted the Law on establishing social protection measures for vulnerable energy consumers. This Law will go into effect upon its promulgation by the Romanian President and publication in the Official Gazette. The enforcement term… Read moreRomania passes law on protection of vulnerable energy consumers

At the end of August after a delay of almost two months, Romania transposed EU Directive 2019/904 of the European Parliament and of the Council of 5 June 2019 on the reduction of the impact of certain plastic products on… Read moreRomania bans plastic products following transposition of EU Directive 2019/904

On 1 September 2020, Romania enacted ANRE Order 61/2020 (Order 61), which approves three regulations – the Regulation on the scheduling of dispatchable production units, dispatchable consumers and dispatchable storage facilities; the Regulation on the operation and settlement of the… Read moreRomania introduces new balancing rules for the electricity market

On 14 August, Romanian lawmakers passed an amendment to Law 17/2014 on the sale and purchase of agricultural land, imposing significant restrictions on the sale and purchase of extra muros agricultural land for foreign nationals. A key amendment to the legislation is… Read moreRomania introduces restrictions on sale and purchase of agricultural land