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Mihai Macelaru named counsel at Clifford Chance Badea

Legal February 14, 2017 15:13 0 comments

Law firm Clifford Chance Badea expands its Corporate M&A and Real Estate practice by recruiting Mihai Macelaru as counsel, starting February 15.  Macelaru has more than 13 years' worth of experience with top law firms,…more »

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Interview. Silviu Stoica (Popovici Nitu Stoica & Asociatii): The majority of deals in Romania can be attributed to strategic investors

Interviews February 14, 2017 12:43 0 comments BR Exclusive

Silviu Stoica, partner at Popovici Nitu Stoica & Asociatii, outlines the current state of the local M&A market to Business Review, describes its main trends and features and shares his projections for 2017.  Anda Sebesi…more »

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Romanians protesting against corruption | Can the blockchain help deliver transparency?

Finance February 14, 2017 12:03 0 comments

With hundreds of thousands of Romanian having protested in the past two weeks against the current government, after it pushed and later repealed controversial amendments to the Criminal Code that would risk undermining the country's…more »

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Enel ordered to pay EUR 401 mln to Romania in international arbitration case

Legal February 14, 2017 09:39 0 comments

Italian utility Enel has been ordered to pay over EUR 400 million for a minority stake in Electrica Muntenia Sud, the supplier and distributor of electricity that is split today in E-Distribute Muntenia and Enel…more »

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Romania’s Parliament approves the president’s request for referendum on anti-corruption campaign

Legal February 13, 2017 16:54 0 comments

The Parliament approved on Monday the request of president Klaus Iohannis’s for the organization of a  referendum on the country's anti-corruption efforts and the public office integrity. The decision was taken unanimously. MPs approved a…more »

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Romanian MP asks for review of management of local/foreign firms over protests

Legal February 10, 2017 10:32 0 comments

MP Adrian Tutuianu, who is the head of the Joint Standing Committee of the Chamber of Deputies and the Senate for the exercise of parliamentary control over the activity of the Romanian Intelligence Service (SRI),…more »

Coalition for Romania's Development

BNR’s Isarescu: Multinationals have to follow Romanian legislation, tax rules

Country Investment Reviews February 09, 2017 17:23 0 comments

The governor of the National Bank of Romania (BNR), Mugur Isarescu, has talked about the taxation regime of multinational firms in the country. Isarescu claims that “foreign firms should follow the Romanian legislation, to respect…more »

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Romania’s president meets with protesters asking for his resignation over lingering political crisis

Legal February 09, 2017 09:33 0 comments

Romanian president Klaus Iohannis attempted on Wednesday evening to talk to a group of people that were calling for his resignation, despite the blizzard that had engulfed Bucharest. The head of state spent a few…more »

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ANAF launches special operation to fight cigarettes’ smuggling in Romania

Legal February 08, 2017 12:17 0 comments

The National Agency for Fiscal Administration (ANAF) announced on Tuesday that it launched the „Shield” operation on February 5, aiming to eliminate the cigarettes smuggling at Romania’s borders with the states outside the European Union.…more »

business people

Multinationals get sucked through fake news in Romania’s political crisis

Legal February 08, 2017 11:58 0 comments

The massive street protests that have been recorded in Romania in the past week has also represented a reason for some politicians from the Social Democratic Party (PSD) to claim that multinationals should be investigated,…more »