According to PwC’s Global Entertainment & Media Outlook 2018-2022 (Outlook), the ongoing rapid evolution of the industry has entered a dynamic new phase. Amid growth that is broad-based and consistent – but unevenly distributed – three imperatives are affecting every… Read morePwC report: Convergence, connections and trust are key factors now in the global entertainment & media market
Methodological norms regarding financing of sports activities. On Monday, the 30th of July 2018, Decision no. 569/2019 amending and supplementing the financial norms for sports activities, approved through Government Decision no. 1447/2007 was published in the Official Journal of Romania,… Read more<strong>Romanian Legal Week</strong> [July 30- August 5, 2018]: Methodological norms regarding financing of sports activities. Law regarding water supply and sewerage services amended. Law regarding protection of animals used for scientific purposes amended. Annex to order regarding therapeutic protocols for prescription medicine amended.
Popovici Niţu Stoica & Asociaţii advised Dedeman on the acquisition of The Bridge, a new landmark office project in Bucharest with an approximately 80,000 sqm leasable area, from Forte Partners. This is considered by specialists the largest deal on the… Read morePopovici Niţu Stoica & Asociaţii advised Dedeman on the largest real estate transaction of 2018 in Romania
Monitorul Oficial no. 651/26 July 2018 has published the Law No. 190/2018 (hereinafter referred to as the „Law”) on measures for implementing the Regulation (EU) No. 2016/679 of the European Parliament and of the Council of 27 April 2016 on… Read moreLaw on the implementation of certain articles of the GDPR
Bucharest, 31 July 2018. Multinational groups of companies anticipate substantial legislative changes, increasing compliance burden with international reporting rules and greater scrutiny, according to the fifth edition of Deloitte “BEPS Global Survey”. The survey has been conducted each year starting… Read moreDeloitte Survey: Legislative changes, compliance burden and greater scrutiny, the main challenges for multinational groups
Government decision regarding flight authorisation in national airspace. On Monday, the 23rd of July 2018, the Ministry of Transportation launched into public debate a draft amending and supplementing Government Decision no. 912/2010 approving the authorisation procedure of flights in national… Read more<strong>Romanian Legal Week</strong> [July 23-29, 2018]: Government decision regarding flight authorisation in national airspace. Provisions regarding sanitary state inspection. Order regarding form 107 approval.
Reff & Associates, the law firm representing Deloitte Legal in Romania, provided legal assistance to Damen, the largest shipbuilding group in the Netherlands and one of the leading builders of workboats and fast craft worldwide, in relation to the acquisition… Read moreReff & Associates, the law firm representing Deloitte Legal in Romania, provided legal assistance to Damen
€9.3bn raised from 99 IPOs in Q2 2018 bringing the total raised on European IPO markets in H1 2018 to €21.8bn, up by 5% on H1 2017 Q2 IPO activity was subdued across Europe, with volumes falling by 7% and… Read moreEuropean IPO proceeds for first half of 2018 up on H1 2017
Law regarding electricity and natural gas amended. On Monday, the 16th of July 2018, Law no. 167/2018 amending and supplementing the Law of electricity and natural gases no. 123/2012 was published in the Official Journal of Romania, part I, no…. Read more<strong>Romanian Legal Week</strong> [July 16-22, 2018]: Law regarding electricity and natural gas amended. Order regarding minimum quality standards for certain services amended. Order maintaining certain medication in the therapeutic circuit repealed. Law regarding internships published. Law regarding equal opportunities and treatment for men and women.
The total market capitalisation of the Global Top 100 companies has increased by 15% since last year to $20 trillion. This compares with a 11.5% increase in the MSCI World Index. The US retains the leading position with 54 companies… Read moreGlobal Top 100 reach record $20 trillion, with China narrowing the US’s lead