On 30 December 2014, Government Emergency Ordinance no. 90/2014 (“GEO no.90/2014”) amending Law no. 297/2004 on capital markets (“Romanian Capital Market Law”) was published with the Official Gazette. The provisions of GEO no. 90/2014 have entered into force on 9 January 2015. (more…)
The Romanian Parliament has recently adopted Law no. 127/2014 amending and supplementing the Electricity and Natural Gas Law no. 123/2012 and the Petroleum Law no. 238/2004. (more…)
On 6 October 2014, the Ministry of Public Finance launched for public debate a draft law amending and supplementing Law no. 297/2004 on capital market. (more…)
On 30 September 2014, the Romanian Chamber of Deputies adopted a law intended to clarify the legal status of shares traded on the Rasdaq market and the unlisted securities market. (more…)
Government Ordinance no. 12/2014 has recently amended the main Romanian legal enactment on unfair competition – Law no. 11/1991. The scope of these amendments covers the content of the prohibited unfair competition practices, as well as a more precise regulation of the Competition Council’s role…
A new State aid scheme targets electro-intensive industries, by partially relieving them from the payment of the green certificates which they would normally have to pay in relation to their electricity consumption. (more…)
The European Commission has recently approved Romania’s map for granting regional development State aid between 2014 and 2020. (more…)
A new text has recently joined the overabundance of Romanian norms in the area of consumer protection: Government Emergency Ordinance no. 34/2014 on the rights of consumers in contracts concluded with traders, transposing Directive 2011/83/EU of the European Parliament and of the Council on consumer…
On 12 June 2014, the Bank Recovery and Resolution Directive was published with the Official Journal of the European Union. (more…)
On 24 June 2014, the President of Romania has promulgated the new Pre-insolvency and Insolvency Law, which had been passed by the Chamber of Deputies on 15 April 2014 and found constitutional by the Romanian Constitutional Court on 21 May 2014. (more…)
The Government of Romania has recently approved Government Ordinance no. 22/2014 amending and supplementing Law no. 50/1991 on the authorization of the performance of construction works bringing certain clarifications to facilitate and expedite the issuance of the building permits necessary to carry out onshore petroleum…
The 2012 Energy Efficiency Directive must be transposed in Romanian law by 5 June 2014. (more…)
The sale of agricultural lands located extramuros shall be subject to a set of restrictions, such as the compliance with the pre-emption right to the benefit of certain categories of persons. (more…)
Bucharest hosted on the 11th and 12th of February the second edition of the France – South Eastern Europe Business Forum, organized by Ubifrance. The Forum welcomed more than 400 companies in the region, Slovenian, Croatian, Albanian, Serbian, Bosnian, FYROM (Macedonian), Greek, Cypriot, Bulgarian, Moldovan…
The local office becomes Leroy şi Asociaţii. Bruno Leroy and Andreea Toma lead together the newly created firm Leroy şi Asociaţii (more…)
Currently this article is only available in Romanian. (more…)
We would like to inform you that further to a decision taken jointly by Bruno Leroy and Gide, as of 1 February 2014, the Bucharest office of Gide has become an independent law firm operating under the name Leroy şi Asociaţii. (more…)