On 2 July 2020, Law No. 102/2020 for amending and supplementing the Companies Law No. 31/1990 (“Companies Law”) was published in the Official Gazette No. 583/2020 (“Law No. 102/2020”). The Law No. 102/2020 will enter into force on 5 July 2020. The Law No. 102/2020…
Category: News
Andreea Toma recognized by IFLR 1000 WOMEN LEADERS 2020
Andreea Toma, Partner at Leroy and Associates, entered the Global Guide of the Best Legal Professionals, prepared by IFLR 1000! With more than 19 years of experience in mergers & acquisitions, banking & finance and projects & infrastructure, IFLR 1000 underlines that “Andreea has an…
GDPR – Impact of COVID - 19
Following the impact of coronavirus (“COVID-19”) across the world which continues to be a source of concern for all businesses, the implementation of emergency measures (Presidential Decree no. 195 dated 16.03.2020, Military Ordinance no. 1 dated 17.03.2020, Military Ordinance no. 2 dated 21.03.2020, Military Ordinance…
Emergency situation certificates | COVID-19 | Romania
In the context of the state of emergency instated on the territory of Romanian by the Presidential Decree no. 165/2020 (hereinafter referred to as the “Decree”),1 on 25 March 2020, the Ministry of Economy, Energy and Business Environment passed Order no. 791/2020 on the issuing…
New measures related to the technical unemployment
In the context of the state of emergency declared by the Decree1 of the President of Romania due to the pandemic caused by the SARS-CoV-2 coronavirus and given the necessity of taking urgent measures to support both the employers and the employees, on March 18th,…
NCPA's intention to strengthen its administrative capacity will entail challenges for the business environment
By the draft government emergency ordinance published on 14 January, the NCPA seeks to consolidate its enforcement powers by the considerable increase of the amounts of the fines that this authority will be able to enforce against companies. Thus, sanctioning with anything but turnover percentages…
Amendments to the Companies Law and Accounting Law
The Law No. 163/2018 for amending and supplementing the Accounting Law no. 82/1991 (“Accounting Law”), the Companies Law No. 31/1990 (“Companies Law”) and the Law No. 1/2005 pertaining to the organization and operation of cooperatives, has been published in the Official Gazette of Romania No.…
Interview with Bruno Leroy: The new legislation for public procurement
Currently this article is only available in Romanian.
New Law for Teleworking activity in Romania
The Romanian Parliament has recently adopted Law no. 81/2018 regulating teleworking (the “Teleworking Law”). The Teleworking Law was published in the Official Gazette of Romania, Part 1, no. 296/02.04.2018. Definition of Teleworking Teleworking is defined as a form of organising the work that allows an…
Leroy şi Asociaţii advises IFC on the Purcari Wineries listing on the Bucharest Stock Exchange
Leroy şi Asociaţii is legal counsel to the International Finance Corporation (IFC), the investment division of the World Bank, on the listing of shares representing 49% of the share capital of Purcari Wineries, on the spot regulated market operated by the Bucharest Stock Exchange. The…
Entrepreneurship made in RO, a magnet for foreign investors
Currently this article is only available in Romanian. (more…)
Leroy şi Asociaţii lawyers say that the new legislation for public procurement is a step forward in the process of de-bureaucratization and creates premises for improving the access of SME's to the procedures of contract attribution.
Currently this article is only available in Romanian. (more…)
Amendments to tax legislation with impact in the IT industry
The Romanian Ministry of Finance has recently passed Order no. 3337/2017 which extends the category of software developers who benefit from income tax exemption (“Order 3337/2017” or the “New Order”). Order 3337/2017 was published in the Official Gazette of Romania, Part 1, No. 52/18.01.2018. The…
The Leroy şi Asociatii lawyers have assisted their clients in 10 complex financing projects over the past year. The Banking & Finance practice provides 25% of the firms revenues.
Currently this article is only available in Romanian. (more…)