News
FREE MOVEMENT OF EUROPEAN WORKERS IN ...
Are you a citizen of the European Union? Are you planning to move to Romania to work as an employee? If so, it would be useful to know that the Romanian law has recently clarified [...] Read more
30 June 2017
NON-COMPETITION CLAUSE IN ROMANIAN LA...
Protecting the company’s interests is any employer’s legitimate objective, so as to preserve the company’s advantages in relation to its competitors. Romanian law acknowledges employers’ right to protect themselves in the work relations with their [...] Read more
30 June 2017
THE OBLIGATION OF MULTINATIONAL COMPA...
Multinational groups are required by European law to report in their State of tax residence. This obligation, introduced at European level by Directive no. 2016/881, amending Directive no. 2011/16/EU has just been transposed into Romanian [...] Read more
30 June 2017
SALES: WHAT TOOLS TO CHOOSE - OPTION ...
Are you planning to conclude a sale and make sure that your partner does not change his mind until the date scheduled for the sale to take place? According to Romanian law, for this purpose, [...] Read more
22 June 2017
GENERAL TERMS AND CONDITIONS
Do you ever wonder what “general terms and conditions” are useful for? Well, such a contractual document is useful when the parties to a contract do not have the time to sign a proper sale-purchase [...] Read more
8 June 2017
MEAL VOUCHERS: HIGHER MAXIMUM VALUE
The maximum nominal value of meal vouchers that employers may grant to their employees has been slightly increased, from 15 Lei to 15.09 Lei, for the first half of 2017. This new value is applicable [...] Read more
8 June 2017
MINIMIS AIDS AIMING AT INCREASING ENE...
A new minimis aids scheme, aiming at increasing the energy efficiency of companies active in the industry sector has entered into force on 26 April 2017, further to the publication in Official Journal no. 298 [...] Read more
8 June 2017
REAL-ESTATE ACQUISITIONS: THE PROMISE...
The High Court of Cassation and Justice (ICCJ) has recently rendered a ruling that clarifies the procedure for obtaining a ruling having the force of a sale contract. By its ruling, the High Court has [...] Read more
8 June 2017
RELAXATION OF THE LEGAL REGIME OF AGR...
The legal regime of agricultural companies in Romania was relaxed as of the 1st of April 2017 following the recent adoption of Law no. 31/2017. This law allows agricultural companies to take the form of [...] Read more
4 May 2017
STATE AID FOR THE PRODUCTION OF RENEW...
Companies active in the electrical and thermal power generation sector and the administrative and territorial units/intra-community development associations that produce electricity from renewable sources will benefit from a new State aid scheme, approved Read more
4 May 2017![[Nine O'Clock] LOREDANA VAN DE WAART: ROMANIA IS STILL ON THE MAP OF FOREIGN INVESTORS; IT IS ONLY UP TO THE ROMANIA’S OFFICIALS TO MAKE IT MORE ATTRACTIVE](https://www.gruiadufaut.com/storage/316x204@2/xFa3Yur0JZRwQtCubAopogmXEe.jpeg.pagespeed.ic.2xQiD0u90p.jpg)
[Nine O'Clock] LOREDANA VAN DE WAART:...
The performance of the Romanian economy in recent years keeps Romania on the map of investors, even if, strictly in terms of figures, we cannot speak of a recovery of the level of investments compared [...] Read more
27 April 2017
NEW MINIMIS AID SCHEME FOR SMES
The difficult access of small and medium-sized enterprises (“SMEs”) to financing in Romania is the greatest concern for entrepreneurs and largely accounts for their low impact on the country's economy. In view of this funding [...] Read more
19 April 2017![[Nine O'Clock] ROXANA NEACSU: THE NATIONAL LAW ON POSTED WORKERS, CLOSER TO THE EUROPEAN NORMS](https://www.gruiadufaut.com/storage/316x204@2/xQUSgDPoXdI5YNtKEkGSHO61Gb.jpeg.pagespeed.ic.o-exKNeFK7.jpg)
[Nine O'Clock] ROXANA NEACSU: THE NAT...
As part of its efforts to transpose into national law the European regulations applicable to the posting of workers, Romania has recently passed a new law on transnational posting of employees. Law no. 16 as [...] Read more
5 April 2017
LABOR LAW: GOOD PRACTICES IN CONDUCTI...
During the life of a company, reorganization – also known as corporate restructuring – results from the need to adapt to the economic, legal or market environment. Reorganization occurs both when the company is financially [...] Read more
3 April 2017
POSTING OF WORKERS: NEW RULES APPLICA...
As part of the effort to transpose into national law the European regulations regarding the posting of workers, Romania has recently passed a new law on the posting of workers. Law no. 16 as of [...] Read more
30 March 2017