Ursus Breweries Receives Green Frog Award 2015 Distinction in the CEE competition | Czech-based Plzeňský Prazdroj Wins Competition

Deloitte Romania announces that Ursus Breweries has received a distinction in the 2015 Deloitte Central European Sustainability Report Award known as the Green Frog Award (GFA). The Ursus Report was distinguished among the best reports in the region out of… Read moreUrsus Breweries Receives Green Frog Award 2015 Distinction in the CEE competition | Czech-based Plzeňský Prazdroj Wins Competition

CMS: Romania – New rules for the assessment of shareholders and investors in non-banking markets

The Romanian Financial Supervisory Authority (“FSA”) recently adopted a new regulation addressing the criteria and procedure for the FSA’s assessment of acquisitions and shareholding increases in entities regulated by the FSA (the “Regulation”). The Regulation addresses the authorisation and approval… Read moreCMS: Romania – New rules for the assessment of shareholders and investors in non-banking markets

CMS: Romania – First steps to national and European transportation interconnectivity

In order to simplify and accelerate the implementation of infrastructure projects included in the 2014-2020 Large Infrastructure Operational Programme approved by the European Commission, the Romanian Government recently adopted an emergency ordinance for projects related to the construction of roads,… Read moreCMS: Romania – First steps to national and European transportation interconnectivity

CMS: Romania to speed up enforcement of DAB decisions related to trans-European transport infrastructure projects

On 18 March 2016, the Romanian government published Governmental Emergency Ordinance No. 7/2016 (“GEO 7”) in the Romanian Official Journal. GEO 7 applies to the trans-European railway, road, maritime and air transport infrastructure projects in Romania (“TETI Projects”), and sets… Read moreCMS: Romania to speed up enforcement of DAB decisions related to trans-European transport infrastructure projects

Order no. 1105 of 29 March 2016 for amending the 394 statement on transactions carried out on the national territory

ANAF Order no.1105/ 2016 for the amendment of Order no. 3769/ 2015 on the reporting of transactions carried out on national territory by persons registered for VAT purposes as well as the content of informative 394 statement was published in… Read moreOrder no. 1105 of 29 March 2016 for amending the 394 statement on transactions carried out on the national territory