Romania: recent legal developments

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Infrastructure Legislative Changes

By Alina Popescu, Alexandra Rîmbu On September 18, 2018 the Government Emergency Ordinance no. 84 of September 13, 2018 for the amendment of certain enactments in the constructions area (the “GEO”) has been published in the Official Gazette of Romania no. 795. The GEO is aimed at enabling the hand-over and commissioning of the lots, sections, sectors […]

Romania: new non-reimbursable funding for investments procedure

By Alina Popescu, Răzvan Pele On July 30, the Romanian Ministry of Finance issued an order launching the procedure whereby investors may obtain non-reimbursable funding for investments made in Romania. The funding is regulated by Government Decision no. 807/2014 on the setting up of a State aid scheme having as object the stimulation of investments with significant […]

Overview of technology laws and regulations in Romania

By Alina Popescu, Irina Radu, Sonia Fedorovici This country-specific Q&A provides an overview to technology laws and regulations that may occur in the Romania. It will cover communications networks and their operators, databases and software, data protection, AI, cybersecurity as well as the author’s view on planned future reforms of the merger control regime.

Share capital rise by board of Romanian joint-stock firms can be challenged

By Daniel Alexie Law no. 31/1990 on companies (the „Companies Law”) provides three powers that the Extraordinary General Assembly of Shareholders of Romanian joint-stock companies can delegate to the company’s Board of Directors or Management Board as follows: (i) changing the company’s registered office; (ii) changing the company’s business object; (iii) increasing the company’s share capital. Until […]

New provisions concerning critical infrastructure in Romania

By Irina Radu One of the major objectives of the EU is reducing the vulnerabilities of critical infrastructure and increasing their resilience. An adequate level of protection must be ensured and the harmful effects of disruptions on the society and citizens must be limited as far as possible. Critical infrastructures extend across many sectors of the […]

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Amsterdam District Court: Museum Map Foundation must provide data to tax authorities on museum visits

By Anke Holtland Yesterday, the Amsterdam District Court ruled in summary proceedings that the Museum Map Foundation must provide data to the tax authorities on museum visits by one specific museum card holder. What was going on? The Tax and Customs Administration demanded the information about museum visits from one specific museum card holder for the period 2014 to […]

Dutch Ministry of Economic Affairs and Climate and the Flanders Department of Economics, Science and Innovation enter into a MoU on personalised medicine

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Rules and weightings for 4th Dutch Offshore Wind tender (HKZ III&IV)

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Slovenia – Cryptocurrency services to prevent money-laundering

By Anže Skodlar Crypto assets and among them cryptocurrencies, which this article focuses on, have proven themselves as an eminent opportunity in many aspects of the new digital economy, giving birth to new innovative enterprises and enabling exchange of value in a decentralized manner. This is also evident in Slovenia, being a well-known hub of successful […]

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