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NEPI Rockcastle Group ("NEPI Rockcastle") announces that the negotiations with AFI Europe regarding the disposal of the Class A office buildings in the Romanian portfolio, Floreasca Business Park, Lakeview and Aviatorilor 8 in Bucharest and City Business Center in Timisoara, with a total leasable area of 118,500 square meters, have been successfully concluded.
The online visual identification procedure, an essential part of Ministry of Finance Order no.
Several provisions of Competition Law no. 21/1996 (the "Competition Law") are currently suspended and may lose their legal effect from the beginning of September, following a recent decision issued by the Constitutional Court of Romania (the "CCR").
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, advised Kingspan Group PLC, the global leader in high-performance insulation and building envelope solutions, throughout negotiations to acquire TeraPlast Group's steel division, namely TeraSteel SA, TeraSteel DOO Serbia and Wetterbest SA.
On 8 July 2020, a draft law on remote medical services through means of electronic communication was submitted for debate to the Romanian Senate.
On 24 July 2020, Law no. 153/2020 was enacted and published, which introduces tax incentives for the acquisition of electronic cash registers.
On 9 July 2020, Law No. 112/2020 for the amendment of Romanian trade mark law No.
The Romanian legislation on the sale of farmland has been significantly amended.
Ţuca Zbârcea & Asociaţii has successfully persuaded the High Court of Cassation and Justice to reject Bucharest Municipality’s legal action filed against the owner of the former headquarters of the City Hall, whereby the Bucharest Municipality claimed ownership right over the building worth approximately EUR 30 million.
Stratulat Albulescu’s Dispute Resolution has recently added 3 new talented lawyers to its already thriving and renowned team: Adriana Dobre joined as Counsel in July after 9 years at RTPR Allen & Overy.
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