International law firm CMS is pleased to announce that it has successfully represented in court a subsidiary of an international oil & gas company in Romania in a 6-year-long VAT dispute with the Romanian tax authorities. The case sets out… Read moreCMS advises an international oil & gas company in Romania on successful multimillion-euro tax litigation case
Fast and precise weather information is in big demand, especially among weather-sensitive industries such as transportation, agriculture, energy as well as utilities, travel, construction, sports and even the retail sector[1]. Increasingly, private companies use the latest in technological and analytics… Read moreWeather business in Romania. A forecast of opportunities and challenges
With the COVID-19 pandemic making work-from-home the new “normal” within most companies, the Romanian government is expected to adopt two draft labour-sector ordinance and amend legislation, which will simplify the ability of companies to implement remote work or telework –… Read moreRomania expected to pass laws regulating remote work
Romania has approved the Kurzarbeit Law (No. 58/2021), which reinforces the terms and conditions of the existing short-time work scheme (known as “Kurzarbeit” in Germany) to help companies cope with the economic challenges of the pandemic and to prevent massive… Read moreRomania reinforces short-time work during pandemic
Romania is in the process of banning certain non-EU and non-EEA countries from participating in public procurement procedures in Romania. After a Memorandum outlining this ban was first approved by the Romanian government, on 20 March 2021 the national regulatory… Read moreRomania to restrict third country-bidders and products for public contracts
Romania’s national authority for public procurement (ANAP) recently published new Guidelines, which unify EU and national rules and practices on making changes to public procurement and sectoral contracts. The aim of the ANAP Guidelines is to create a predictable framework… Read moreRomania publishes guidelines on changes to public procurement and sectoral contracts
Since the early 1990s, Romania’s expanding business sector has made it one of Central Eastern Europe’s most dynamic economies, which has attracted a broad array of foreign investment. This rapid growth and the compliance requirements of foreign investors have compelled… Read moreRomanian businesses increasingly turn to internal investigations
On 18 May 2020, the same date that Romania switched to a state of alert that will expire on 17 June 2020, Law no. 55/2020 entered into force, which contains amendments to legal provisions for regular insolvency during the state… Read moreRomania amends insolvency law with start of state of alert
