12.11.2015

Banks should find solutions together with their clients who face loan payment issues, not only on a declarative level, as their rigidity triggered a legislative intervention through the draft law on more

07.01.2015

Romanian president Klaus Iohannis has promulgated the law on passing the ordinance which regulates the issuing of fiscal receipts for all goods and services, without the provisions regarding the tax more

11.20.2014

Around 600,000 economic operators will benefit from simplified bookkeeping regulations starting January 2015, under amendments to Romanian accounting laws, SMEs Minister Florin Jianu said Thursday at more

09.23.2014

Romanian President Traian Basescu signed Tuesday into law a bill that exempts pensioners and parents on parental leave who received higher state allowances from paying that extra money back. more

09.18.2014

Romanian President Traian Basescu announced Thursday he has signed into law a bill lowering by 5 percentage points the social security contributions paid by employers. more

05.21.2014

The rule of law and the fight against corruption represent national security issues that could contribute to the business sector development as well, U.S. vice-president Joe Biden stated Wednesday, more

04.18.2014

Law firm Dragne & Asociatii, whose activity is now 80% focused on litigation, plans to develop criminal law, intellectual property and public acquisitions practices this year, according to Ion Dragne, more

04.14.2014

Mihai Radulescu, a former lawyer with Schoenherr, has managed a rapid expansion of a new law firm, which was set up less than one year ago, and it already numbers 20 lawyers. more

04.10.2014

Many of Romania's underground resources are trapped in closed mines which should be reopened, said Mineral Resources Agency director Sorin Gaman, adding a new mining law should be adopted with more

04.07.2014

Israeli investors have started regaining their interest in the Romanian market, after a period of expectancy, and natural gas and real estate projects are their main targets, according to Alina more

04.02.2014

Romanian government approved the draft law on capping cash payments and reducing interbank fees for debit and credit cards transactions, according to official sources. more

04.02.2014

Romanian law firm Bostina si Asociatii Wednesday said it decided to no longer operate on the insolvency and industrial property market due to recent amendments to the law regulating legal professions. more

04.01.2014

Zamfirescu Racoti & Partners (ZRP) started 2014 with 33 lawyers in the litigation department out of a total of 45 lawyers, a level that Cosmin Vasile, managing partner of the law firm, sees as more

03.25.2014

The Bucharest office of international law firm DLA Piper plans to focus on banking litigation this year, a segment it “has not been highly present on” so far, managing partner Marian Dinu told ZF more

03.20.2014

In the first quarter of 2014, the business law market witnessed a series of events that, overall, point to a worsening of issues that emerged in previous years. more

03.13.2014

Romanian president Traian Basescu said Thursday he has signed into law the government emergency ordinance on green certificates, adding he expects lower electricity bills. more

02.20.2014

Lawyer Florian Nitu, who runs, together with Ernest Popovici, the Popovici Nitu & Asociatii law firm, a major player on the Romanian business law market, believes that companies that were able to more

02.14.2014

The new insolvency code, a law that banks and other creditors expect to make it easier for them to get their money back, while ailing companies hope it will provide them with a better framework for more

02.04.2014

Cash payments will be capped jointly with bank fees, probably by law, not by ordinance, and the banks should agree with the decision, especially that they will benefit from a higher number of more

01.24.2014

Last year was the best ever for law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) and business continued to increase in the past three months, says founding partner Ion Nestor. more

01.10.2014

Romania's Constitutional Court on Friday ruled the country's decentralization law unconstitutional, sustaining the opposition Democratic Liberal Party's objections. more

09.04.2013

Natural persons in Romania will not be allowed to own more than 100 hectares of unincorporated farmland, and EU citizens (including Romanians) must satisfy several conditions to get permission to buy more

09.03.2013

Romania’s Senate rejected Tuesday the head of state’s request to reexamine the referendum law which lowers the required quorum to 30% of voters from 50%. more

07.18.2013

Romania’s new insolvency law has been finalized and will be put up for public debate in August, Maria Grapini, the country’s Minister for Tourism, Business Environment and Small and Medium-sized more

07.02.2013

Romanian President Traian Basescu on Tuesday has requested the Parliament reverse its vote on the law approving a memorandum of understanding between the government and Dutch-registered Rompetrol more