On 19 September 2022, the Romanian communications regulator (ANCOM) launched an auction for the granting of licences for the use of radio frequencies in the 700 MHz, 1500 MHz, 2600 MHz and 2400-3800 MHz bandwidths. Interested telecom operators can submit… Read moreRomania launches 5G tender
On 4 August 2022, the Romanian Government enacted Ordinance no. 18/2022 on the authorisation and operation of representative offices of foreign entities in Romania, which replaces the previous Decree-Law no. 122/1990. The Ordinance, which entered into force on 7 August,… Read moreRomania amends framework for representative offices of foreign entities
On 24 June 2022, the Bucharest Tribunal, as the initial court, ruled for the cancellation of Bucharest’s general zoning plan (Planul Urbanistic General or PUG), which is the main zoning document of the city, instituting buildable limits and the regime… Read moreBucharest Tribunal rules against the city’s main zoning plan
On 17 July 2022, Law 216/2022 came into force amending and supplementing Law No. 85/2014 on insolvency prevention and insolvency proceedings and other normative acts. Law 216/2022 also amended Romanian Companies Law No. 31/1990 (Romanian Companies Law) on the duties… Read moreRomania increases duties for directors when insolvency is likely
On 18 July 2022, Romania enacted Governmental Emergency Ordinance No. 112/2022 (GEO 112), which establishes, amongst others, a financial support scheme for large, medium and small companies aimed at stimulating investments in energy efficiency in Romania. GEO 112 is designed… Read moreRomanian government offers companies up to EUR 500,000 to achieve energy efficiency
The summer edition of the CMS International Disputes Digest, a bi-annual publication that highlights, explores and analyses the latest trends in the global dispute-resolution sector, is now published. Although the worst of COVID-19 seems to be over, the world is both… Read moreCMS International Disputes Digest – 2022 Summer Edition
CMS is pleased to announce the promotion of three new Counsels and two new Senior Associates as of 1 July 2022. The appointments span four practice areas and women account for 80% of promotions in its Romania office. This announcement… Read moreCMS announces series of promotions in its Romania office, with women making up 80% of promotions
Romania transposed the Omnibus Directive (Directive (EU) 2019/2161) into Romanian national law through Emergency Government Ordinance no. 58/2022, which entered into force on 28 May 2022 (EGO 58). EGO 58 brings changes in three main legislative domains: abusive clauses in… Read moreRomania transposes Omnibus Directive into national law
To ward off a probable post-pandemic financial crisis fueled by the conflict in Ukraine (which could lead to rapidly increasing prices and hyperinflation), the Romanian Government adopted Emergency Government Ordinance no. 84/2022 (EGO 84) on 20 June 2022. EGO 84… Read moreRomania adopts anti-speculative law to avert financial crisis
On 29 June 2022, the Romanian Chamber of Deputies adopted Draft Law no. 219/2022 transposing EU Directive 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union… Read moreWhistleblowing Directive transposed – constitutionality exam or confirmation from the President?
