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Law 30/2019 for the approval of the Government Emergency Ordinance No. 25/2018 for amending and supplementing certain normative acts, as well as for approving certain fiscalbudgetary measures was published in the Official Gazette No. 44/17.01.2019, thus amending certain provisions from the Fiscal… Read moreLaw 30/2019
On 7th December 2018 Oltchim S.A. finalized the Asset Sale Agreement concluded with Chimcomplex S.A. Borzești, by full collection of the transaction price, on 07.12.2018, and by the transfer of the ownership right over the assets starting with 08.12.2018. The asset… Read moreBONDOC & ASOCIAȚII by Oltchim SA’s Side in Asset Sale Process
Amendment of the Law on Health Reform. Law no. 35/2019 for amending and completing the Law no. 95/2006 on health reform was published on 21 January 2019 in the Official Gazette of Romania, part I, no. 54. [source] Competition Council. Fines of… Read moreRLWeek January 21-27, 2019: Amendment of the Law on Health Reform. Fines of 2 mil. EUR for anti-competitive conduct
Deloitte has been ranked the top M&A advisor in Central and Eastern Europe in deals count by Mergermarket, a leader in M&A intelligence and analysis, in its latest Global & Regional M&A Report 2018, based on data on disclosed transactions… Read moreDeloitte recognized by Mergermarket as the top M&A consultant in Central and Eastern Europe
Nearly 30% of business leaders believe that global economic growth will decline in the next 12 months, approximately six times the level of 5% last year – a record jump in pessimism. This is one of the key findings of… Read moreCEO confidence in growth dips dramatically
As a result of the outstanding professional results, Cristina Ioana Frîncu and Bogdan Mircea Popescu were promoted as Partners of STOICA & Asociaţii. Cristina Ioana Frîncu joined the STOICA & Asociaţii’s team in 2008. She graduated from the Faculty of Law, “Nicolae… Read moreSTOICA & Associates consolidates their team through new partner-level promotions
Decision approving the Multiannual Strategic Program on International Cooperation for Development and Humanitarian Assistance for the period 2018-2021. Draft. On Wednesday, January 16, 2019, the Ministry of Foreign Affairs has launched in public debate the draft decision approving the Multiannual Strategic… Read more<b>RLWeek</b> January 14-20, 2019: Decision approving the Multiannual Strategic Program on International Cooperation for Development and Humanitarian Assistance for the period 2018-2021. Ordinance on the regulation of fiscal-budgetary measures. Amendment of the Law on the public servants ‘statute
BUCHAREST, 17th of January, 2019: Ruling no. 114 has a direct impact on the construction industry, which, in essence, conveys tax benefits to employees, whereas increasing costs to employers. Company “Cromwell Evan Global”, an independent firm that offers tax and… Read moreConstruction companies with an employee number ranging between 50 and 800 will suffer an increase in costs ranging between 5%-28% starting with January
The 2019 M&A market will count around 100 deals, keeping a similar trend with the 2008-2018 period, according to Deloitte Romania Financial Advisory estimations. Also, the average transactions value for 2019 is estimated by Deloitte Romania between 40 and 50… Read moreDELOITTE: 2019 will count around 100 M&A deals, NPL transactions to further decrease
Popovici Nițu Stoica & Asociații advised the owners of Net Brinel, one of the main IT&C integrators on the Romanian market, on the sale of 85% of the share capital to French group SNEF. PNSA team led by Deputy Managing… Read morePopovici Nițu Stoica & Asociații advised Net Brinel on the takeover by SNEF