Following the controversial measures in the energy sector in the wake of Government Emergency Ordinance 114/2018 (“GEO 114”), the Government has recently decided to further reform the sector with the aim of strengthen the security of supply for the household… Read moreUpdates in the Romanian Oil & Gas and Power Sectors
On 20 March 2019, the Romanian Financial Supervisory Authority (the “FSA”) formally clarified its position on the fate of UK entities acting in the non-banking financial services market in Romania in the event of a ‘no-deal’ Brexit. In a nutshell,… Read moreRomania: Financial Supervisory Authority’s position on ‘no-deal’ Brexit
The Romanian energy sector continues to search for stability and predictability due to the passing of Government Emergency Ordinance 114/2018 (“GEO 114”), which introduces several tax and regulatory measures for various major industries – including the energy sector. The main… Read moreFurther changes in the Romanian energy sector
In late 2018, the Romanian Supreme Court issued an unexpected ruling decriminalising the procuring of products with psychoactive effects, by a final consumer, for personal use. In its ruling, the Supreme Court held that the act of procuring products suspected… Read moreSupreme Court decriminalises procuring of products with psychoactive effects for personal use
On 31 January 2019, the Romanian Government enacted Decision No. 34 on the annual quota for the maximum number of non-EU employees admitted to work in Romania, during 2019. Through this decision, the Romanian Government increased the maximum number of… Read moreRomania increases non-EU employees annual quota amid workforce shortage
Chambers Global covers over 190 countries across the world. Law firms and individual lawyers are ranked in bands from 1 (highest) – 6 (lowest) and being ranked in any band is a significant achievement. The qualities on which rankings are… Read moreChambers Global 2019
On 28 July 2016, the “Law on the Safety of Offshore Oil Operations” (the “Offshore Law”) was published in the Official Gazette. The Law establishes the minimum requirements necessary to prevent major offshore related accidents and limit their consequences. The… Read moreCMS: Enactment of offshore regulations in Romania
The EU Regulation 1169/2011 (the “Regulation”) entered into force on 13 December 2011, amending the existing EU legislation governing general food labelling (1978) and nutrition labelling (1990). Its provisions shall become directly applicable in all member states on 13 December… Read moreRecent legal requirements at EU level regarding the labelling of food products
