Romania issues new regulations for business transfers by licensed online gambling operators

Following the adoption of EGO no. 82/2023 by the Romanian Government on 26 October, the President of the National Office for Gambling (NOG) issued Order 181/2023, which concerns the approval of conditions for the merger process, spin-offs, or the transfer… Read moreRomania issues new regulations for business transfers by licensed online gambling operators

Romanian Competition Council identifies barriers to market entry of renewable electricity producers

The Romanian Competition Council (RCC) recently released a joint study (the “Study”) by the RCC and the Romanian National Regulatory Authority in the Energy Sector (ANRE) showing that market entry for producers of electricity from renewable energy sources (RES) is… Read moreRomanian Competition Council identifies barriers to market entry of renewable electricity producers

Turning the corner? CMS European M&A Outlook 2024. Dealmaking expectations mixed amidst economic uncertainty, but private equity notably bullish

• 43% of dealmakers predict a decline in European M&A activity over the next 12 months, whilst 35% foresee an increase, with private equity dealmakers displaying heightened optimism. This time last year, 73% of dealmakers forecasted an increase in activity…. Read moreTurning the corner? CMS European M&A Outlook 2024. Dealmaking expectations mixed amidst economic uncertainty, but private equity notably bullish

CMS advises Integral Venture Partners on the acquisition of a majority stake in O’Fresh Vending Solutions in Romania

International law firm CMS has advised private equity and growth capital investments firm Integral Venture Partners (“Integral”) on entering into a definitive agreement for the acquisition of a majority stake in Romanian-based O’Fresh Vending Solutions (“O’Fresh”), a leading provider of… Read moreCMS advises Integral Venture Partners on the acquisition of a majority stake in O’Fresh Vending Solutions in Romania

Romania extends insurance policies from Euroins Romania to avoid market consequences

On 31 August 2023, the Romanian government passed emergency Government Ordinance (GEO 2023), which extends by 90 days the validity of the insurance policies issued by Euroins Romania Asigurare-Reasigurare S.A., which is now in bankruptcy. Prior to the issuance of… Read moreRomania extends insurance policies from Euroins Romania to avoid market consequences