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Commercial

Romania

Achieving business success in highly regulated markets requires effective management of commercial risks and of your supplier and customer relationships. Whether you are an international or domestic business active in the CEE region, you can rely on our advice on complex and multi-jurisdictional contractual arrangements and our knowledge of the commercial issues facing the sectors in which you operate.

We have advised many international companies on entering CEE markets over the years and continue to assist them as they grow their businesses in the region.

Whatever regulatory issues you face in Romania, we can help you navigate Romanian and EU legislation to ensure you are fully compliant and in the best shape to strengthen your business in Romania and beyond. The Bucharest team regularly assist multinational clients on compliance and the management of responses to government investigations (in particular fraud and anti-corruption related), including managing sensitive situations and coming up with legal strategy that helps businesses best minimise long-term reputational damage.

With over 350 commercial and regulatory lawyers across 34 countries, our multi-disciplinary teams are trained to understand the cultural and business factors impacting your commercial arrangements. We organise our teams around sectors and industries relevant to you, including financial services, manufacturing, automotive, consumer products, energy, hotels and leisure, infrastructure and projects, life sciences and healthcare, supply and logistics, real estate and construction, technology, telecoms, media and sports.

We can guide you towards the best business outcome, whether you require advice on commercial contracts, supply services, e-commerce, IT or telecoms agreements, data protection, design and manufacturing, advertising, sponsorship and marketing, consumer sales, software licensing, outsourcing, or sales, agency, distribution and franchise agreements.

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Iain Batty
02/07/2018
E-pub­lic pro­cure­ment CEE 2018
18/04/2019
BARE­CON - The Im­port­ance of Class
In the re­cent case of Sil­ver­burn Ship­ping (IoM) Ltd -v- Ark Ship­ping Com­pany LLC [2019] EWHC 376 (Comm), the High Court ruled that an ob­lig­a­tion in a charter­party to keep a ves­sel in class is both an ab­so­lute ob­lig­a­tion and a con­di­tion.
25 June 2018
CEE Green­field Guide
Third edi­tion
04/04/2019
Up­dates in the Ro­mani­an Oil & Gas and Power Sec­tors
Fol­low­ing the con­tro­ver­sial meas­ures in the en­ergy sec­tor in the wake of Gov­ern­ment Emer­gency Or­din­ance 114/2018 (“GEO 114”), the Gov­ern­ment has re­cently de­cided to fur­ther re­form the sec­tor with the aim of strengthen the se­cur­ity of sup­ply for the house­hold.
June 2018
On­line Stress Test
Test your know-how pro­tec­tion
22/03/2019
Ro­mania: Fin­an­cial Su­per­vis­ory Au­thor­ity's po­s­i­tion on 'no-deal' Brexit
On 20 March 2019, the Ro­mani­an Fin­an­cial Su­per­vis­ory Au­thor­ity (the “FSA”) form­ally cla­ri­fied its po­s­i­tion on the fate of UK en­tit­ies act­ing in the non-bank­ing fin­an­cial ser­vices mar­ket in Ro­mania in the event of a ‘no-deal’ Brexit.
08/05/2018
Green­field In­vest­ments in CEE 2018
19/03/2019
Fur­ther changes in the Ro­mani­an en­ergy sec­tor
The Ro­mani­an en­ergy sec­tor con­tin­ues to search for sta­bil­ity and pre­dict­ab­il­ity due to the passing of Gov­ern­ment Emer­gency Or­din­ance 114/2018 (“GEO 114”), which in­tro­duces sev­er­al tax and reg­u­lat­ory meas­ures for vari­ous ma­jor in­dus­tries – in­clud­ing the en­ergy.
06/01/2014
CMS CEE Guide to Data Pro­tec­tion
07/03/2019
Su­preme Court de­crim­in­al­ises pro­cur­ing of products with psy­cho­act­ive...
In late 2018, the Ro­mani­an Su­preme Court is­sued an un­ex­pec­ted rul­ing de­crim­in­al­ising the pro­cur­ing of products with psy­cho­act­ive ef­fects, by a fi­nal con­sumer, for per­son­al use. In its rul­ing, the Su­preme Court held that the act of pro­cur­ing products sus­pec­ted.
27/02/2019
Ro­mania in­creases non-EU em­ploy­ees an­nu­al quota amid work­force short­age
On 31 Janu­ary 2019, the Ro­mani­an Gov­ern­ment en­acted De­cision No. 34 on the an­nu­al quota for the max­im­um num­ber of non-EU em­ploy­ees ad­mit­ted to work in Ro­mania, dur­ing 2019. Through this de­cision, the Ro­mani­an Gov­ern­ment in­creased the max­im­um num­ber of non-EU.
22/02/2019
An up­date on mech­an­ics of UK cor­res­pond­ing rights for EUTM re­gis­tra­tions
As we edge closer to Brexit day, cur­rently due to take place on 29 March 2019, we have re­cently ob­tained ad­di­tion­al in­form­a­tion about post-Brexit ar­range­ments for own­ers of EUTM ap­plic­a­tions and re­gis­tra­tions.