Legal - Business Review


liviu dragnea and sorin grindeanu

Romania’s government plans simplified acquisitions bill for strategic sectors

Legal March 24, 2017 11:54 0 comments

The new draft bill that would regulate the strategic acquisitions of the state in key sectors such as large infrastructure and defense is close to completion and will be put up for debate in the…more »


Analysis: Romania’s government passes mixed bag of changes for business

Legal March 21, 2017 08:00 0 comments BR Exclusive

While the removal of the controversial construction tax has been welcomed by the business community, tax specialists warn that the payroll budgets of companies are set to come under increasing pressure after the center-left government…more »

Bogdan Padiu, Founder and CEO TeamNet Group

Teamnet International files for insolvency

IT March 20, 2017 16:34 0 comments

Less than three weeks after the head of IT company Teamnet, Bogdan Padiu (in picture), was placed under judicial control in a corruption case, the group announced on Monday that Teamnet International has filed for…more »


PeliFilip promotes two lawyers to senior associates

Legal March 14, 2017 16:51 0 comments

The law firm PeliFilip has promoted two lawyers, Razvan Ionescu and Ana Andreiana, to senior associates. Ionescu joined PeliFilip in 2012, within the litigation department. His experience includes assisting clients in relationship to insolvency procedures,…more »


Merger between Patria Bank and Carpatica in limbo after court decision

Banking March 10, 2017 12:15 0 comments

The merger between Patria Bank and Carpatica has remained in limbo after the move has been rejected by Appeal Court of Bucharest, according to an announcement submitted to the Bucharest Stock Exchange (BVB). The banks…more »

Coalition for Romania's Development

Romania’s ANAF to start massive audit over VAT, profit tax in case of firms with high fiscal risk

Legal March 09, 2017 13:12 0 comments

Romania's tax administration agency ANAF said it would launch a massive tax audit on companies considered to have a high fiscal risk. ANAF said that the controls will start after companies submit the form 101…more »

Hans Klemm

US ambassador praises Romania’s fight against corruption

Legal March 08, 2017 11:00 0 comments

Romania takes a more and more credible fight against corruption, which strengthens our strategic partnership, said on Tuesday the US ambassador at Bucharest, Hans Klemm, within a seminar regarding the anti-corruption practices in business. „We…more »

Isarescu about debt discharge law

Media report: BNR governor Mugur Isarescu accused of having worked with Securitatea in the ’80s

Legal March 07, 2017 16:16 0 comments

The current governor of the National Bank of Romania (BNR), Mugur Isarescu, has allegedly collaborated with the former secret police Securitatea, which was operational while former dictator Nicolae Ceausescu was in power, according to an…more »


ANAF to change its approach through 14-measure plan, says PM Grindeanu

Legal March 07, 2017 15:07 0 comments

PM Sorin Grindeanu has announced that tax administration agency ANAF will change its approach in relation with the taxpayers and the management of the organization has come up with a plan that includes 14 measures…more »


PM Grindeanu: Government backs 0 VAT rate for housing

Legal March 03, 2017 16:36 0 comments

PM Sorin Grindeanu said on Friday that the draft bill regarding the zero VAT for housing for individuals is supported by the Government and will be adopted in this Parliament session. „If you talk with…more »