Electricity Pylon

Energy

Romania

A key driver of the global economy, the energy sector is affected by geopolitical, economic and regulatory pressures. You require advisors who understand your industry and work with leaders of energy companies, regulators, governments, industry bodies and investors on the cutting edge of commercial, regulatory and risk issues in the sector. Based across 15 jurisdictions in Central and Eastern Europe, we have been active in CEE since the beginning of the privatisation and liberalisation of the energy sector across the region.

We have helped to shape the sector by advising on the most high-profile and ground-breaking projects and transactions over many years. In Romania, CMS most recently helped re-shape the oil & gas specific tax law, successfully advocating for a reform in the way the oil & gas industry is recognised for tax purposes in Romania.

Our dedicated energy lawyers in Romania work in every part of the sector, covering the whole chain of the energy cycle, including upstream, midstream and downstream regulatory matters in the oil&gas sector and from greenfield projects to distribution, trading and supply in the electricity sector, as well as nuclear and renewables. Whether you are a NOC, IOC, independent, electricity company, investor, government or financial institution, we have the energy specialists to meet all your strategic challenges globally.

Our multi-disciplinary teams were among the first to advise on ground-breaking global oil & gas M&A and on power projects in Europe, to establish a single electricity market in Northern Ireland and the Republic of Ireland, lead historic electricity industry reform in Mexico, and work on renewable energy projects globally. We cover the full range of practice areas that you may require as an energy businesses - from regulatory and transactional support, to procurement, tax, environmental, disputes, employment, technology and competition assistant.

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Kostadin Sirleshtov
17/07/2014
En­ergy Law in SE Europe
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.
18/10/2013
CMS Min­ing group
15/03/2019
Law sides with cli­mate change against coal
Min­ing com­pany, Gloucester Re­sources Lim­ited (GRL), ap­pealed to the Land and En­vir­on­ment Court of New South Wales, Aus­tralia, against a min­is­teri­al de­cision to re­ject its ap­plic­a­tion to de­vel­op and op­er­ate an open cut coal mine, Rocky Hill, near Gloucester,.
14/03/2019
Ship­ping and car­bon: EU and IMO sys­tems to align
On 4 Feb­ru­ary 2019 the European Com­mis­sion (EC) tabled a pro­pos­al con­cern­ing the amend­ment of Reg­u­la­tion (EU) 2015/757 on the mon­it­or­ing, re­port­ing and veri­fic­a­tion of car­bon di­ox­ide emis­sions from mari­time trans­port (the “EU MRV Reg­u­la­tion”).
13/03/2019
Con­nec­ted Fu­ture - En­ergy Stor­age
It is re­cog­nised that flex­ib­il­ity in the elec­tri­city sys­tem will be­come in­creas­ingly valu­able in the com­ing years as the wider en­ergy trans­ition, in­clud­ing the great­er pen­et­ra­tion of in­ter­mit­tent, dis­trib­uted gen­er­a­tion and more pro­act­ive con­sumers, across.
12/03/2019
Bel­gi­um braces for Hard Brexit with draft law
On Feb­ru­ary 19, Bel­gi­um passed a draft law pre­par­ing it­self for a Hard Brexit should the UK leave the European Uni­on (EU) on the dead­line of 29 March 2019 without a with­draw­al agree­ment in place to reg­u­late UK's de­par­ture and define its fu­ture re­la­tion­ship.
27/02/2019
Elec­tric Vehicles: in­fra­struc­ture for our con­nec­ted fu­ture
The up­take of elec­tric vehicles (EVs) has soared in re­cent years (al­beit from a very low base), with jur­is­dic­tions such as Nor­way and The Neth­er­lands cur­rently lead­ing the pack. However, in or­der for a coun­try to be­come a glob­al EV lead­er, it is vi­tal to con­sider.
20/02/2019
European Par­lia­ment backs EU wide frame­work for screen­ing for­eign...
On 14 Feb­ru­ary 2019, the European Par­lia­ment voted to en­dorse the first ever EU-wide tool for screen­ing for­eign dir­ect in­vest­ment (FDI) on the grounds of se­cur­ity and pub­lic or­der. The vote brings the EU one step closer to put­ting in place a frame­work al­low­ing.
31/01/2019
Com­mis­sion­ing a scrub­ber sys­tem by 31 Decem­ber 2019 is not suf­fi­cient...
Ship own­ers, ship op­er­at­ors and ship man­agers who are busy pre­par­ing for the up­com­ing high sul­phur fuel oil (“HSFO”) ban which enters in­to force on 1 Janu­ary 2020 will be fa­mil­i­ar with the op­tion to in­stall Ex­haust Gas Clean­ing Sys­tems (EGC­Ss) oth­er­wise known.
27/11/2018
An­nu­al visa re­quired for the valid­ity of the En­vir­on­ment­al Per­mits...
Fol­low­ing amend­ments to the Gov­ern­ment Emer­gency Or­din­ance no. 195/2005 on en­vir­on­ment­al pro­tec­tion, hold­ers of En­vir­on­ment­al Per­mits ("EP") / In­teg­rated En­vir­on­ment­al Au­thor­isa­tions ("IEA") will be re­quired to ob­tain an an­nu­al visa as a valid­ity con­di­tion.
22/11/2018
New re­port | Con­nec­ted Fu­ture: in­vest­ment op­por­tun­it­ies in the rad­ic­ally...
Tech­no­logy-driv­en trans­form­a­tions are not only dis­rupt­ing our every­day lives, but are also rad­ic­ally trans­form­ing the in­fra­struc­ture sec­tor. On the one hand, in­nov­a­tion is driv­ing an up­grade of ex­ist­ing in­fra­struc­ture, such as di­git­al; on the oth­er hand, it.