Romanian Legal Week: May 16-22, 2016
The establishment of the National Agency for Protected Natural Areas Law no. 95/2006 establishing the National Agency for Protected Natural Areas and amending the Emergency Ordinance no. 57/2007...
View ArticleNext generation of family business leaders ambitious to drive change but...
• Only 41% of next gens believe that their firm has a strategy fit for the digital world • 88% of next gens want to leave their stamp and do something special with the business • 70% of next gens …...
View ArticleThe new legislative framework on public procurement and concession of works...
The legislative framework, which repeals Government Emergency Ordonnance no. 34/2006, is comprised of the following laws: – Law no. 98/2016 on public procurement; – Law no. 99/2016 on procurement in...
View ArticleCitizens of Tomorrow
Law-related education contest “Citizens of Tomorrow” – The Final of the Competition – National High School “Gh. Şincai” vs. National High School “Sf. Sava” 2016, June 1st, time: 5:00-7:00 pm Place:...
View ArticleRomanian Legal Week: May 23-29, 2016
HCCJ. Bilateral promise to sell. Legit refusal to contract The High Court of Cassation and Justice has ruled that, according to the disposals of Article 1669 Paragraph 1 Civil Code, when one of the...
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Deloitte Romania Strengthens its Financial Advisory Leadership
Deloitte Romania Strengthens its Financial Advisory Leadership Lars Wiechen takes over as Partner-in-Charge Team strengthens and services expand Radu Dumitrescu promoted as new partner Effective June...
View ArticleMirela Metea promoted as Partner with Maravela & Asociaţii
As of June 1, Mirela Metea was named Partner with Maravela & Asociaţii, this being the second partner promotion within the firm amidst its dispute resolution associates. Besides an increased volume...
View ArticleDeloitte Romania: State Support Boosts R&D Investment
Greater support from authorities in the shape of cash grants and tax incentives will lead to an increase in research & development (R&D) investments, the fifth edition of Deloitte CE has...
View ArticleRomanian Legal Week: May 30 – June 5, 2016
Guarantee limits for First Home program, supplemented by the Ministry of Public Finance The Ministry of Public Finance approved the allocation to supplement with 500 million lei the guarantee limits...
View Article4 out of 5 Romanian CEOs state that they focus more on long-term...
72% of Romanian CEOs state that the purpose of the companies they lead is to create value for all stakeholders, not just for shareholders, and 79% say that they focus more on long-term profitability...
View ArticleAmendments to the New Fiscal Code
The law contains amendments with respect to Law 227/2015 on the Fiscal Code for amending art. 477, line (7). As such, it has been clarified that the tax for advertising and publicity services will be...
View ArticleNew Double Tax Treaty between Romania and Bulgaria
Some terms used in the previous agreement have been clarified (e.g. enterprise, company). Two new criteria have been introduced in regards to the definition of residents – i.e. the place of...
View ArticleSCHOENHERR advises banking syndicate on Erste Group’s inaugural issue of EUR...
SCHOENHERR advised an international banking syndicate comprising Morgan Stanley (technical lead), UBS, J.P. Morgan and HSBC, as Joint Lead Managers on the successful issuance of a EUR 500 million...
View ArticleRomanian Legal Week: June 6-12, 2016
The National Agency for Fiscal Administration. Statement 394 can be tested prior to August 1, 2016 A group of 25 firms, both large and small taxpayers, have expressed the desire to test the Statement...
View ArticleNew rules redefine concept of exporter
The exporter from customs and VAT perspective The new Union Customs Code (“UCC”) has amended the definition of exporter. From a customs perspective, the definition of exporter has been restricted to...
View ArticleThe Methodological Norms for application of the new laws on the award of...
The Methodological Norms, which are part of the new legal framework on public procurement and sectorial procurement, were published in the Official Gazette no. 422 and 423 on 6 June 2016, being...
View ArticleRomanian Legal Week: June 13-19, 2016
The European Commission supports high-end technology in Romania According to a press release issued on 10.06.2016, the European Commission has approved the second phase of project Extreme Light...
View ArticleUncollected VAT is costing the state budgets of five CEE countries over 28...
According to PwC estimations, the cost of uncollected VAT to the state budgets of five Central and Eastern European (CEE) countries amounted to over 28.2 billion Euros in 2015. The results of this...
View ArticleRomanian Legal Week: June 20-26, 2016
New measures on the enforcement of posted workers providing services in EU Member States The Government approved in its meeting on June 16, 2016 the draft law on the posting of workers in the framework...
View ArticleLawyr.it launches Open Call for new issue
Lawyr.it, the only student-powered legal publication focused on Central Eastern Europe, is starting off this hot summer with a warm invitation to law students from across Europe to submit creative and...
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