COVID-19: State aid scheme for financing large enterprises is to become operational in Romania

The European Commission has approved a Romania state aid scheme valued at RON 4 billion (EUR 800 million) for the financing of large enterprises and small and medium-sized enterprises (SMEs) with a 2019 turnover of more than RON 20 million… Read moreCOVID-19: State aid scheme for financing large enterprises is to become operational in Romania

Romanian competition watchdog follows the EU in allowing cooperation in the pharma sector

The Romanian Competition Council (RCC) issued a public statement confirming that it is willing to accept a certain amount of cooperation between companies in order to overcome or reduce the negative impact of the current crisis. (Further details are available… Read moreRomanian competition watchdog follows the EU in allowing cooperation in the pharma sector

Romanian competition watchdog issues new guidance on cooperation during the crisis

In a further attempt to mitigate the effects of the COVID-19 outbreak, Romanian Competition Council (RCC) issued a press release providing further guidance on business practices for companies during the COVID-19 pandemic (see here for our reporting on the first guidance)…. Read moreRomanian competition watchdog issues new guidance on cooperation during the crisis