The EU Commission presents next steps in the setting up of the joint cyber unit

1. Background of the proposed changes The COVID-19 pandemic has boosted digitalization and digital interaction at all levels of European society. Along with increased interconnectivity, however, came greater vulnerabilities and threats from a cybersecurity perspective. In order to deliver seamless… Read moreThe EU Commission presents next steps in the setting up of the joint cyber unit

Deloitte analysis: the mergers and acquisitions market remains dynamic

Bucharest, July 12, 2021 – Romania’s mergers and acquisitions (M&A) market recorded 54 transactions in the first half of the year, compared to 42 for the same period in 2020. Deloitte estimates total market value for both disclosed and undisclosed… Read moreDeloitte analysis: the mergers and acquisitions market remains dynamic

RLWeek July 5-12, 2021: Norms for financing cultural magazines. Budget for major impact investments aid scheme increased. Metrorex contract for 2020-2024 amended. Prevention plan regarding natural gas security in Romania. Fiscal Code amended and supplemented. Anti-doping law published.

Norms for financing cultural magazines. On Friday, the 2nd of July 2021, the Ministry of Culture set for public debate a draft Order approving the Methodological Norms for the financing of cultural magazines, excluding those proposed by unions. [source] Budget… Read more<strong>RLWeek</strong> July 5-12, 2021: Norms for financing cultural magazines. Budget for major impact investments aid scheme increased. Metrorex contract for 2020-2024 amended. Prevention plan regarding natural gas security in Romania. Fiscal Code amended and supplemented. Anti-doping law published.

Wolf Theiss advises Raiffeisen Bank S.A. (Romania) on its inaugural issue of Senior Non-Preferred Eligible Green Notes

Wolf Theiss has advised Raiffeisen Bank S.A. (Romania) as Issuer on its RON 1.2 Billion Senior Non-Preferred Eligible Green Notes issue, the largest RON denominated bond issue of a Romanian issuer as of 4 June 2021, with a fixed annual coupon… Read moreWolf Theiss advises Raiffeisen Bank S.A. (Romania) on its inaugural issue of Senior Non-Preferred Eligible Green Notes

Oracle acquired GloriaFood on June 25, 2021. Radu și Asociații SPRL assisted the seller

GloriaFood, which provides innovative software-as-a-service (SaaS) solutions dedicated to the global HORECA industry, was acquired by Oracle. Radu și Asociații SPRL assisted the sellers in relation to the Romanian legal aspects of this complex deal where the buyer was a… Read moreOracle acquired GloriaFood on June 25, 2021. Radu și Asociații SPRL assisted the seller

Wolf Theiss advises Novalpina Capital LLP in the largest transaction In the Betting & Gaming sector in Romania

Wolf Theiss was the legal advisor of Novalpina Capital LLP, a London based independent European private equity firm with investments in healthcare, B2B, software and casinos, in the largest transaction in the betting & gaming sector ever done in Romania,… Read moreWolf Theiss advises Novalpina Capital LLP in the largest transaction In the Betting & Gaming sector in Romania

RLWeek June 28- July 4, 2021: Law for the implementation of the EU Regulation on the pan – European personal pension product (PEPP) Project. The Chamber of Deputies amended the Criminal Code. UPDATE: Decree signed – July 1, 2021. The official documents that the doping control officer can use have been approved. The Romanian Superior Council of Magistracy approved the Regulation on the organization and conduct of the competition for the position of judicial inspector

Law for the implementation of the EU Regulation on the pan – European personal pension product (PEPP) Project On Friday, the 2 of July 2021, the Ministry of Labor and Social Protection launched for public debate the draft Law on… Read more<strong>RLWeek</strong> June 28- July 4, 2021: Law for the implementation of the EU Regulation on the pan – European personal pension product (PEPP) Project. The Chamber of Deputies amended the Criminal Code. UPDATE: Decree signed – July 1, 2021. The official documents that the doping control officer can use have been approved. The Romanian Superior Council of Magistracy approved the Regulation on the organization and conduct of the competition for the position of judicial inspector