1. Introductory remarks It is no secret that Romania is the EU Member State with the least digitised services in the public administration. But that is about to change. Having secured funding from the EU through the NextGenerationEU program, Romanian… Read moreGoing digital – Romania’s government cloud secondary legislation in place
1. Background In December 2022, the European Parliament and the Council adopted Regulation (EU) 2022/2554 on digital operational resilience for the financial sector and amending Regulations (EC) no. 1006/2009, (EU) no. 648/2012, (EU) no. 600/2014, (EU) no. 909/2014 and (EU)… Read moreDORA – a new chapter for the financial and ICT sectors
1. Overview On October 20, 2022, the Government Emergency Ordinance no. 140/2022 on the single industrial licence (“GEO 140/2022”) adopted by the Romanian Government has been published in the Official Gazette. 2. Main novelties GEO 140/2022 introduces the single industrial… Read moreRomania – New Legislation. Introducing the single industrial licence
1. Background There is a new legislative project to be adopted at European Union level, namely the Proposal for a Council Regulation on an emergency intervention to address high energy prices (the “Proposal”). The Proposal comes in the context of… Read moreEuropean Union – New proposal in the context of the energy crisis
1. Overview Romania has recently launched a State aid scheme for the purpose of encouraging investments in the manufacturing industry, with view, on the one hand, to overcome current extensive labour shortages and the diminished trade flows to and from… Read moreState aid for investment – manufacturing industry
1. Overview On July 26, 2022, Law no. 265/2022 regarding the Trade Registry and for amending and supplementing certain legal enactments impacting the registration in the Trade Registry has been published in the Official Gazette of Romania (“Law 265/2022”). The… Read moreTrade Registry and Companies Law updates
1. Overview On August 4, 2022, Ordinance no. 18/2022 on the authorization and functioning of representative offices of foreign companies and economic organizations in Romania (“GO 18/2022”) adopted by the Romanian Government has been published in the Official Gazette. GO… Read moreRomania – New legislation on representative offices
MPR|Partners assisted V-Ridium in the recent acquisition of a 45 MWp solar park, located in Giurgiu County, Romania, which is part of the expansion strategy of the Portuguese listed energy company GreenVolt. MPR|Partners provided assistance throughout all stages of the… Read moreMPR Partners counsel to the buyer of an 83 million EUR, 45 MWp solar park
1. Background In follow-up to our recent article[1] on the novelties brought by the Directive (EU) 2019/771 of the European Parliament and of the Council of 20 May 2019 on certain aspects concerning contracts for the sale of goods, amending… Read moreImplementation of the Sale of Goods Directive in EU member states
The Electricity and Natural Gas Law no. 123/2012 (″Energy Law″) was amended recently via the Government Emergency Ordinance no. 143/2021, with the main purpose of transposing the provisions of the Directive (EU) 2019/944 on common rules for the internal market… Read moreOverview of the recent amendment of the Energy Law by the Government Emergency Ordinance no. 143/2021
