Digging for modernisation – Mining Law

1. General context Since the Mining Law no. 85/2003 (“Mining Law”) entered into force on March 27, 2003, the economic and social environment in Romania has undergone a major evolution, marked by the increase of investments, especially with the accession… Read moreDigging for modernisation – Mining Law

Overview on the new amendments to the Romanian Fiscal Code

1. Introduction Law no. 296 of December 21, 2020 for the amendment and completion of Law no. 227/2015 regarding the Fiscal Code (the “Law no. 296/2020”) brought a series of beneficial changes to the business environment, applicable starting with January… Read moreOverview on the new amendments to the Romanian Fiscal Code

Romania is enacting the secondary legislation pertaining to cybersecurity in an effort to avoid european sanctions

1. Background On October 30, 2020, the European Commission sent a reasoned opinion[1] regarding Romania’s failure to notify the national measures allowing for the identification of operators, the number of operators of essential services and the thresholds used in the… Read moreRomania is enacting the secondary legislation pertaining to cybersecurity in an effort to avoid european sanctions

Updates of the Romanian Criminal Law in accordance with relevant EU Law Provisions

1. Background As a part of European Union (”EU”), Romania regularly updates its legislation to reflect the direction provided by the European legal framework. One field of primary importance which is ever-changing is that of cross-border organized crime. Given the… Read moreUpdates of the Romanian Criminal Law in accordance with relevant EU Law Provisions