Kinstellar advises Jantzen Renewables on the sale of the Helios 1 photovoltaic cluster in Romania to OMV Petrom

Kinstellar’s team in Romania has advised Danish developer Jantzen Renewables ApS on its transaction with OMV Petrom, the largest integrated energy company in Southeast Europe, for the purchase of the Helios 1 photovoltaic cluster in Romania. With the installed power… Read moreKinstellar advises Jantzen Renewables on the sale of the Helios 1 photovoltaic cluster in Romania to OMV Petrom

DLA Piper assisted Intrum Group in the sale to DDM Group AG of its NPL portfolio in Romania

DLA Piper’s office in Bucharest assisted Intrum AB, the Swedish Credit Management Services company, on exiting its Romanian operations through the sale of its NPL portfolio containing unsecured consumer receivables to DDM Group AG, for a cash consideration of EUR… Read moreDLA Piper assisted Intrum Group in the sale to DDM Group AG of its NPL portfolio in Romania

Groupama and Alpha Bank launch “Travel all Seasons” insurance with remote medical support

Groupama and Alpha Bank Romania announce the launch of an extended version for the “Travel all Seasons” travel insurance, providing also remote medical support, through the ÎntreabăMedic telemedicine service. The “Travel all seasons” insurance is addressed to Alpha Bank Customers,… Read moreGroupama and Alpha Bank launch “Travel all Seasons” insurance with remote medical support

RLWeek May 29 – June 4, 2023: Updates on social worker length of employment, COVID-19 treatment protocols, and prohibiting advertising of e-cigarettes

Length of employment for social workers in private sector On June 23, 2023, Law no. 178/2023 supplementing art. 9 of Law no. 466/2004 on the Statute of Social Workers was published in the Official Journal of Romania, Part I, no…. Read more<strong>RLWeek</strong> May 29 – June 4, 2023: Updates on social worker length of employment, COVID-19 treatment protocols, and prohibiting advertising of e-cigarettes

Lawyers from Țuca Zbârcea & Asociații unlock a 290 million lei contract for the purchase of 100 electric buses in the city of Bucharest

After challenges led to the disqualification of the initial bidder, the Municipality of Bucharest signs a new major procurement contract for public transport vehicles with BMC Truck & Bus, represented by Țuca Zbârcea & Asociații. BMC Truck & Bus, a… Read moreLawyers from Țuca Zbârcea & Asociații unlock a 290 million lei contract for the purchase of 100 electric buses in the city of Bucharest

SIMION & BACIU wins Firm of the Year in Romania distinction for the 3rd time at the prestigious Managing IP EMEA gala. Ana-Maria Baciu is the first Romanian lawyer awarded Practitioner of the Year in Romania during the same event

SIMION & BACIU is proud to announce that it is the winner of the 2023 Firm of the Year in Romania distinction, awarded at the Managing IP EMEA Awards ceremony organized on June 21, in London. This marks the third… Read moreSIMION & BACIU wins Firm of the Year in Romania distinction for the 3rd time at the prestigious Managing IP EMEA gala. Ana-Maria Baciu is the first Romanian lawyer awarded Practitioner of the Year in Romania during the same event

Deloitte study: the inflexible work schedule is the main reason why women changed jobs during the last year or plan to change them now

Women feel they need to prioritize the careers of their partners, who are the family’s primary source of income The lack of flexibility in working hours is among the main reasons why women left their employer in the last year… Read moreDeloitte study: the inflexible work schedule is the main reason why women changed jobs during the last year or plan to change them now

New in the Labour Code: Suspension of the employment contract for the care of certain persons and paid carer’s leave

Recently, the Labour Code was amended by Law 140/2023 which introduced a new case of suspension of the individual employment contract at the initiative of the employee: in the case of carrying out, on the basis of a contract concluded… Read moreNew in the Labour Code: Suspension of the employment contract for the care of certain persons and paid carer’s leave

Deloitte study: companies in Romania and the region estimate digital reporting to improve tax audits efficiency, but also to provide tax authorities with more direct access to their financial IT systems

The new digital fiscal reporting requirements, implemented by the Central European countries, will lead to more efficient tax audits over the next three to five years, 75% of companies estimate, but it will also provide authorities with more direct access… Read moreDeloitte study: companies in Romania and the region estimate digital reporting to improve tax audits efficiency, but also to provide tax authorities with more direct access to their financial IT systems