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Finance and secured lending in Romania

November 12 2018 A structured guide to finance and secured lending in Romania

Enforcement of loans, guarantees and security documentation in Romania

November 12 2018 A structured guide to enforcement of loans, guarantees and security documentation in Romania

2009 Code for the Construction and Equipment of Mobile Offshore Drilling Units

March 4 2015 On 3 March 2015 the Law No. 17/2015 was passed, accepting the 2009 Code for the Construction and Equipment of Mobile Offshore Drilling Units (2009…

First Economic Sanctions for REMIT Breaches in Europe

February 16 2016 Pursuant to the Regulation 1227/2011 on wholesale Energy Market Integrity and transparency (REMIT), the Agency for the Cooperation of Energy…

Application of EU and US sanctions in Romania – impact on the business of banks

April 20 2015 In recent years, in an attempt to prevent and combat money laundering and terrorism financing, both the EU and the US have increased the number of…

New Soil Quality Certificate - a potential impediment for land transactions

March 22 2021 As of 1 January 2021, Law 246/2020 on soil use, conservation and protection (“Law 246/2020“), introduces a new requirement for certain land operations…

Amendments to the Energy Law

February 25 2021 On 15 December 2020 a law amending the Energy Law No. 123/2012 (“Energy Law“) was passed under no. 290/2020 (the “Amending Law“)…

Simplification of trade registry formalities

February 23 2021 On 26 December 2020 Order no. 6974/C/2020 amending and supplementing the methodological rules on the keeping of trade registers, recording and release…

Amendments to Mining Law

February 16 2021 Mining Law no. 85 of 18 March 2003 has recently been amended by Law 275/2020. The recent amendments cover several areas, such as: payment of royalties…

New state aid scheme in the renewable energy sector

February 12 2021 A new state aid scheme supporting investments in the production and distribution of heat from renewable energy sources (such as biogas, biomass and…