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Legal

Two Romanian ministers investigated by anti-graft prosecutors in case involving transfer of state assets

Legal September 22, 2017 16:01 0 comments

Romania’s deputy PM and minister of defense Sevil Shhaideh and the minister delegate for EU funds, Rovana Plumb, are investigated by the National Anticorruption Directorate (DNA) in a case involving the transfer on an island…more »

President Iohannis cancels official visit in Ukraine over adoption over controversial education law

Legal September 22, 2017 13:06 0 comments

President Klaus Iohannis said that following the adoption of the education law in Ukraine, which restricts teaching in national minorities’ language, he canceled his scheduled visit from October, communicating this directly to president Petro Porosenko,…more »

Coalition for Romania's Development

Romania’s government to “force” companies to hike gross wage

Legal September 19, 2017 15:25 0 comments

The minister of finance, Ionut Misa, has announced that the government is working on a bill that will make it mandatory for employers to increase the gross wage as authorities want to move the payment…more »

Clifford Chance Badea adds new senior associate specialized in real estate and M&A

Legal September 18, 2017 16:47 0 comments

Adrian Cazan has joined Clifford Chance Badea as senior associate in the M&A and real estate practice headed by Nadia Badea, partner. He has 15 years' worth of experience in the legal field. "We are…more »

Petrotel-Lukoil

Lukoil Romania, investigated in tax evasion case

Legal September 15, 2017 16:50 0 comments

The Directorate for Investigating Organized Crime and Terrorism (DIICOT) is investigating the Romanian subsidiary of Russian oil major Lukoil in a case involving allegations of setting up of a criminal group, tax evasion and complicity…more »

Dutch, Germans and Austrians oppose fast Schengen accession for Romania and Bulgaria

Legal September 15, 2017 12:27 0 comments

The German minister of foreign affairs Thomas de Maiziere and the Dutch PM Mark Rutte oppose any fast admission of Romania and Bulgaria in the Schengen space, following a similar statement from the Austrian chancellor…more »

Key move. Daniel Hadar joins NNDKP as tax director

Legal September 14, 2017 15:00 0 comments

Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) announced that Daniel Hadar joined the firm as tax director in the Tax Advisory Services department of its Cluj Office. Hadar will expand the Cluj tax advisory…more »

Opinion: Ten things that keep lawyers awake at night

Legal September 12, 2017 14:04 0 comments

In the last decade, the reality of law firms has changed dramatically, and will continue to change at an increased rate. Quite a few world experts even go so far as to predict the "death…more »

Romania’s sovereign fund to be launched in 2018, says economy minister

Finance September 07, 2017 12:49 0 comments

The minister of economy, Mihai Fifor, says that Romania’s first sovereign fund for development and investments (FSDI) will become active on January 1 2018 and it will be used to finance the developments of infrastructure…more »

Deloitte Romania adds two new partners

Legal September 07, 2017 11:27 0 comments

Professional services firm Deloitte Romania has announced the appointment of John Ploem (left in picture) and Steve Openshaw as partners, in a bid to support the growth of the business. Following the latest raft of…more »