RLWeek January 6-12, 2020: Fiscal Code amended. Fiscal-budgetary amendments. New NAFA form drafted. Construction work authorisation methodological norms. Update to ‘drug’ definition. Update on money laundering and terrorism control measures

Methodological norms of Law regarding construction work authorisations amended. On Monday, the 6th of January 2020, Order no. 3454/2019 amending and supplementing Methodological norms of enforcing Law no. 50/1991 regarding construction work authorisations, approved through Order no. 839/2009 pertaining to… Read more<strong>RLWeek</strong> January 6-12, 2020: Fiscal Code amended. Fiscal-budgetary amendments. New NAFA form drafted. Construction work authorisation methodological norms. Update to ‘drug’ definition. Update on money laundering and terrorism control measures

Romanian Competition Council’s new guidelines on the assessment of fines

1. Introduction Competition authorities at both European and national level develop and update policies regarding the enforcement of competition legislation. Such a policy for the prevention of infringements of competition law rules was recently updated by the Romanian Competition Council… Read moreRomanian Competition Council’s new guidelines on the assessment of fines

STRATULAT ALBULESCU advises GapMinder Venture Partners on its investment in the USD 7M Series A funding round of the A.I. based typing biometrics technology provider Typing DNA

TypingDNA’s fundraising is among the largest Series A of the past years in Romania. The round was led by Gradient Ventures and included GapMinder with a follow-on investment and TechStars Ventures. TypingDNA had previously raised USD 1.5 M from GapMinder and… Read moreSTRATULAT ALBULESCU advises GapMinder Venture Partners on its investment in the USD 7M Series A funding round of the A.I. based typing biometrics technology provider Typing DNA

News regarding the organization and functioning of the Romanian Competition Council

On December 4, 2019, the Order of the President of the Romanian Competition Council no. 985/2019 (“Order no. 985/2019”) on the implementation of the regulation regarding the organization and functioning of the Romanian Competition Council (“RCC”) was published in the… Read moreNews regarding the organization and functioning of the Romanian Competition Council

RLWeek December 30, 2019 – January 5, 2020: Changes regarding the health reform. New amendments regarding the Fiscal Code. Law on the Government’s ability to issue ordinances

Changes regarding the health reform. In the Official Gazette of Romania no. 1050 of December 30, 2019, Law no. 256/2019 for the modification of art. 320 paragraph (1) of Law no. 95/2006 regarding the reform in the health field has… Read more<strong>RLWeek</strong> December 30, 2019 – January 5, 2020: Changes regarding the health reform. New amendments regarding the Fiscal Code. Law on the Government’s ability to issue ordinances

RLWeek December 23-29, 2019: The rescission of the compensatory appeal has come into effect. 30.000 foreign workers have been admitted to be part of the Romanian Labour Market

The rescission of the compensatory appeal has come into effect In the Official Gazette no. 1028 of the 20th of December 2019 it has been published law no. 240/2019 regarding the rescission of Law no. 169/2017 regarding the modification and… Read more<strong>RLWeek</strong> December 23-29, 2019: The rescission of the compensatory appeal has come into effect. 30.000 foreign workers have been admitted to be part of the Romanian Labour Market