Deloitte Romania advised OLX Group in the acquisition of Kiwi Finance, the largest loan broker in Romania, from the Swedish investment fund Oresa. The agreement has been approved by the Competition Council. Following the takeover, OLX Group becomes the sole… Read moreDeloitte Romania advised OLX Group in the acquisition of the loan broker Kiwi Finance
The Romanian government has adopted two pieces of secondary legislation further to Romanian law 362/2018 (NIS Law): • Government Decision no. 963/2020 for the approval of the List of essential services (GD 963/2020), which has been in force since 16… Read moreRomania adopts secondary NIS-related legislation
Dentons Bucharest office provides legal advisory to STA Travel – the world’s largest student and youth travel company, for the insolvency procedures of its local operations. Despite a history that traces back to a company founded by two Australian backpackers… Read moreDentons assists STA Travel with insolvency procedures
The President of the European Parliament did no more than inform that institution of a pre-existing legal situation that was brought about exclusively by decisions of the Spanish authorities By judgment of the Tribunal Supremo (Supreme Court, Spain) delivered on… Read moreT-24/20. Junqueras i Vies v Parliament. The General Court declares the action brought by Mr Junqueras i Vies, against the statement by the European Parliament that his seat was vacant, to be inadmissible
Deloitte Romania tax professionals have been once again recognized by the International Tax Review (ITR) among the world’s highly regarded practitioners in their areas. Four local leaders are ranked in the latest edition of the general guide, 2021 World Tax,… Read moreDeloitte Romania tax professionals recognized by the International Tax Review among the world’s leading practitioners in their field
1. Introduction Though not more than two years have passed since the Directive on security of network and information systems[1] (“NIS Directive”) had to be transposed by the Member States into their national legislation, the European Commission (the “Commission”) has… Read moreThe review of the NIS Directive – what to expect
PwC Romania announces that, starting with 1 January 2021, eight directors will be promoted within the three service lines of the company: Tax and Legal Consulting, Assurance and Advisory. Ionut Simion, Managing Partner PwC Romania: ”I am proud of our… Read morePwC Romania announces the promotion of eight Directors in Tax, Assurance and Advisory departments
Amendment and completion of the regulation for approval, reception and registration in the cadastre and land book records. Draft. On Wednesday, December 9, 2020, the National Agency for Cadastre and Real Estate Advertising has launched for public debate the draft… Read more<strong>RLWeek</strong> December 7-13, 2020: Amendment and completion of the regulation for approval, reception and registration in the cadastre and land book records. Romania to host European Cyber Security Center for Industrial, Technological and Research Skills. Government Emergency Ordinance for the amendment of article 9 of the Government Ordinance on the establishment, organization and operation of Community public emergency services.
On 4 December 2020, the Romanian National Authority for Administration and Regulation in Communications (ANCOM) launched its 2021 action plan for public debate, which will feature the launch of the 5G spectrum auction. ANCOM states that the auction will take… Read moreRomania to launch 5G auction in Q2 of 2021
Nestor Nestor Diculescu Kingston Petersen (NNDKP) provided legal and tax assistance to Opel (Groupe PSA) in relation to the transfer of its Romanian business to Trust Motors, an independent importer for Peugeot, Citroen and DS brands. Following the completion of… Read moreNNDKP assists OPEL (Groupe PSA) in the transfer of its Romanian business to Trust Motors
