06.17.2013

Law firm Ionescu and Sava estimates its revenue will remain steady this year, at about 6 million lei (EUR1.3 million), said Radu Ionescu, managing partner in the firm. more

06.10.2013

Romania’s newly revised support scheme for renewable energy producers has left out a previous stipulation under which industrial consumers would be exempted from paying part of the production costs more

05.31.2013

Romanian President Traian Basescu has signed into law a bill amending the statute of military staff, allowing militaries to remain active after retirement age, until 60, with the approval of their more

05.29.2013

Romanians who want to sell or rent their homes will be obliged starting July 20 to present the building’s energy efficiency certificate to prospective buyers or tenants. more

04.24.2013

The ten largest law firms in Romania made EUR46.6 million in revenue last year and six of them posted lower revenue than in 2011, according to the law firm ranking compiled by ZF for the fifth edition more

04.23.2013

Romanian law firm Bostina si Asociatii said Tuesday its revenues from legal services in Romania and abroad halved on the year to EUR16.98 million in 2012. more

04.08.2013

Popovici Nitu & Asociatii law firm, one of the largest on the Romanian market, recorded a 10% rise in gross revenue against EUR12.8 million in 2011, thanks to a stable portfolio of clients and by more

03.26.2013

Romania will bring new changes to the law regulating small and medium-sized businesses and the new bill is expected to reach the government for approval in around six week, an Economy Ministry more

03.19.2013

The Romanian Chamber of Deputies Tuesday rejected the lustration law after the Constitutional Court overruled it in March last year. more

02.12.2013

Romanian President Traian Basescu has passed the law increasing public pensions, the Presidency said in a statement Tuesday. more

01.29.2013

The Romanian Chamber of Deputies adopted Tuesday the emergency ordinance on amending the public pensions system, which sets the pension point value to 762.1 lei (EUR175) in 2013. more

01.11.2013

The Romanian Government will amend insolvency law in 2013, on being disputed by the investors which claim it is detrimental to the fair companies, minister delegate for small and medium-sized more

10.08.2012

Romania’s President Traian Basescu on Monday passed the law restoring child-rearing benefits to 85% of the parent’s net salary, from the current 75%, starting October 1, 2012, the Presidency said more

10.08.2012

The year 2012 has perhaps been the most difficult since the start of the crisis, said lawyer Ion Nestor, founding partner of law firm NNDKP, one of the largest players on the Romanian legal market. more

10.02.2012

Romania’s President Traian Basescu on Tuesday passed the law regulating the functioning of energy regulator ANRE, according to the Presidency. more

09.25.2012

Drug producers and healthcare investors say the Romanian health system would not necessarily need a fundamental reform, but the current minister says he will continue to try to break the monopoly of more

09.06.2012

Franklin Templeton Investment Management, administrator of Romanian investment fund Fondul Proprietatea (FP.RO), Thursday expressed its concern over delayed government action regarding the appointment more

08.23.2012

Romania’s Government wants to amend the corporate governance law so professional managers at state-owned companies will be appointed within at most nine months, as well as set a list of three more

07.25.2012

Romania’s acting President Crin Antonescu passed the law that sets the voting schedule to 7 a.m. - 11 p.m. at the referendum on whether to impeach suspended President Traian Basescu. more

07.24.2012

The Romanian Constitutional Court decided Tuesday that the amendment to the referendum law that set the voting schedule to 7 a.m.-11 p.m. is constitutional. more

07.10.2012

Romania’s Constitutional Court on Tuesday decided that the country’s new referendum law, whereby the President may be impeached with the votes of the majority of participants in the ballot, is more

06.27.2012

Romania’s Constitutional Court on Wednesday overruled the law introducing a single-winner first-past-the-post system in general elections, while eliminating the election threshold. more

06.25.2012

Catalin Predoiu, lawyer and former Justice Minister, retuned to the business law practice, by launching a new firm more

06.14.2012

Romanian energy producers will be compelled to trade all available electricity on a competitive market, according to the country’s new energy Law adopted Thursday. more

06.14.2012

Romania’s Chamber of Deputies on Thursday adopted with 186 to three votes and seven abstentions an energy bill which deregulates the local energy market. more