Tuca Zbarcea & Asociatii

Romanian businesses increasingly turn to internal investigations

For more information on conducting internal investigations in Romania, contact your regular CMS advisor or ...

Stratulat Albulescu advises CODA Intelligence S.R.L. on a 800,000 EUR Seed Funding ...

The Stratulat Albulescu team included Managing Partner Silviu Stratulat and Managing Associate Cristina Man, ...

KPMG Law advises Volkswagen Financial Services on the acquisition of the Voya Group

As part of the transaction, KPMG Law provided legal advice and structuring for the legal due dili-gence, as ...

MPR Partners | Maravela, Popescu & Asociații expands its team

Cristina Crețu and Mihaela Nyerges joined the firm starting with January and March, respectively.

Besides a richer client portfolio and an increase of the mandates number, this first half of the year added new valuable members to MPR Partners | Maravela, Popescu & Asociații’s team. Cristina Crețu and Mihaela Nyerges joined the firm starting with January and March, respectively. Cristina Crețu has over 15 years of legal experience and has been, throughout the years, within the legal departments of two major telecom companies, having previously worked for the National Communications Regulator (ANCOM). She has a vast experience in the fields of electronic communications and technology and is equally known for her expertise in the data protection sector, having acted as DPO (Data protection Officer) for one of the largest telecom companies in Romania, previously held by Liberty Global Group. Cristina Crețu has joined the firm as Senior Privacy & Technology Consultant. „Besides the undisputed professional experience, Cristina adds value to the high-quality consultancy services we provide to our clients in the fields of technology, electronic communication and data protection.



CMS: Romania continues the implementation of tax measures to support businesses

For more information on how these tax changes could affect your Romanian business, contact local CMS experts Roxana Popel and Andrei Tercu or your regular CMS advisor.

On 25 June, Romania put into place Government Emergency Ordinance no. 99/2020 (GEO 99/2020) approving additional tax measures and deadlines extensions to support the business environment during the recovery period after the lifting of the lockdown. Extension of existing deadlines No late payment interest and penalties will be due for tax liabilities that are not paid by 25 October 2020.

CMS Romania


Romania amends electricity-gas law

CMS Romania

The Romanian government has amended Electricity and Gas Law 123/2012 through an emergency ordinance published in the Romanian Official Gazette on 1 July 2020.

      Simplified requirements for incorporation of Romanian companies

      CMS Romania

      On 2 July 2020, Romania published Law no. 102/2020 (“Law”), which removes certain barriers hindering the incorporation of Romanian companies.

          Romania opts for postponement of DAC 6 deadlines

          CMS Romania

          On 1 July 2020, Government Emergency Ordinance no. 107/2020 providing for postponement of deadlines in respect to DAC 6 entered into force in Romania and was published in the Official Gazette.

              Ascunde Reclama

              Romanian Competition Council seeks to tighten unfair competition rules

              CMS Romania

              According to the Romanian Competition Council (RCC), the changes in the draft legislation have been designed to address various new forms of unfair competition, which are not covered by the current wording of the unfair competition law.

                  Schoenherr: Concerned about food security? Buy farmland in Romania while you still can

                  Mădălina Mitan (Managing Attorney at Law) & Ionuţ Sava (Senior Attorney at Law) - Schoenherr

                  With growing expectations of a global recession generated by the COVID-19 pandemic, avoiding disruptions to the food supply chain and food production continues to be a priority.

                      Țuca Zbârcea & Asociații obtains a final ruling from the High Court of Cassation and Justice on wind turbine taxation


                      The High Court of Cassation and Justice maintained, by its decision of 17 June 2020, the judgment under which several wind power companies had been granted by the court of first instance the annulment of Minister of Public Finance’s Order No.

                          Romania’s Cluj-Napoca to develop largest AI research centre in Eastern Europe

                          CMS Romania

                          According to several recent media reports, the Technical University of Cluj-Napoca (UTCN) is in line to receive a grant of RON 80 million (EUR 16.

                              Regulatory challenges for land-based gambling and sports betting operators as they resume business

                              CMS Romania

                              On 11 June 2020, as part of new measures to ease restrictions put in place in response to the COVID-19 pandemic, Romanian Prime Minister Ludovic Orban announced that land-based gambling activities in the country such as lottery and sports betting that show a relatively low epidemiologic risk can be resumed on 15 June, but would not include gambling operators located in shopping malls.

                                  Stratulat Albulescu bolsters its Real Estate practice with appointment of two Senior Associates and an Associate


                                  Stratulat Albulescu is proud to announce the addition of three new members to the Real Estate Group: Alina Tyelu (Solschi) - Senior Associate, Ana Maria Nacea – Senior Associate and Alina Virlan – Associate, bringing the total number of fee earners in the Real Estate Group to 10 and making the practice one of the largest in the market.



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