Romania: Draft 5G legislation receives government approval

On 15 April 2021, the Romanian government approved draft legislation on the conditions for the deployment of 5G networks (i.e. the 5G Draft Law), which the Romanian Ministry of Transport, Infrastructure and Communications released for public debate in August last… Read moreRomania: Draft 5G legislation receives government approval

Romania reinforces short-time work during pandemic

Romania has approved the Kurzarbeit Law (No. 58/2021), which reinforces the terms and conditions of the existing short-time work scheme (known as “Kurzarbeit” in Germany) to help companies cope with the economic challenges of the pandemic and to prevent massive… Read moreRomania reinforces short-time work during pandemic

Romanian law giving impunity to tax-fraudsters enters into force

On 4 April 2021, entered into force Law no. 55/2021, bringing modifications to Law no. 241/2005 on the prevention and fight against tax evasion. These modifications were first proposed in 2017 and approved by the President of Romania on 31… Read moreRomanian law giving impunity to tax-fraudsters enters into force

Romania to restrict third country-bidders and products for public contracts

Romania is in the process of banning certain non-EU and non-EEA countries from participating in public procurement procedures in Romania. After a Memorandum outlining this ban was first approved by the Romanian government, on 20 March 2021 the national regulatory… Read moreRomania to restrict third country-bidders and products for public contracts

Constitutional Court of Romania: green lights for absolving tax-fraudsters

On 17 February 2021, Romania’s Constitutional Court rejected, as ungrounded, the plea of non-constitutionality raised by the High Court of Cassation and Justice, the Romanian government and the Romanian Ombudsman over Draft Law No. 241/2005 on the prevention and fight… Read moreConstitutional Court of Romania: green lights for absolving tax-fraudsters

CMS: European M&A environment flips to ‘buyer-friendly’ in response to COVID-19

Europe has returned to a ‘buyer-friendly’ environment, after the COVID-19 pandemic created more risk-averse attitudes. As a result, CMS’ latest annual M&A study identified significant increase in liability caps, longer limitation periods and fewer locked box deals. The multi-year analysis… Read moreCMS: European M&A environment flips to ‘buyer-friendly’ in response to COVID-19

CMS Women in Business: Investing in women’s education and promoting successful female role models: solutions for reducing the gender gap in Tech

Stereotypes, gender discrimination, the acceleration of digital change due to Covid-19, and the use of technology in education On 17 March, international law firm CMS organised the 2021 edition of the CMS Women in Business event, a meeting dedicated in… Read moreCMS Women in Business: Investing in women’s education and promoting successful female role models: solutions for reducing the gender gap in Tech

Romania sells BITCOIN and ETHEREUM in public auction for the first time

In late 2020, the Romanian National Agency for the Management of Seized Assets (ANABI) conducted two public auctions of seized BITCOIN (BTC) and ETHEREUM (ETH). The sale of the seized BTC and ETH was ordered by the Prosecutor’s Office attached… Read moreRomania sells BITCOIN and ETHEREUM in public auction for the first time

Legality of Bucharest’s suspension of district zoning plans drawn into question

The General Council of Bucharest passed five decisions to suspend the coordination of the zoning plans (District PUZs) of five of the six districts of Bucharest for one year (i.e. until 26 February 2022). The following article describes the main… Read moreLegality of Bucharest’s suspension of district zoning plans drawn into question