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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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1 July 2020
Sign­ing with e-sig­na­ture in CEE
This guide fo­cuses on the most im­port­ant leg­al areas where elec­tron­ic sig­na­tures are usu­ally used: em­ploy­ment law, com­mer­cial con­tracts, real es­tate law, cor­por­ate law and bank­ing and fin­ance con­tracts. This guide ad­di­tion­ally in­cludes help­ful at-a-glance
22 July 2020
CMS Ex­pert Guide to e-sig­na­tures in com­mer­cial con­tracts
This CMS Ex­pert Guide fo­cuses on com­mer­cial con­tracts where elec­tron­ic sig­na­tures are used. It in­cludes an over­view that com­pares the dif­fer­ent leg­al situ­ations and uses of e-sig­na­tures across each of the in­ter­na­tion­al jur­is­dic­tions.
05 August 2020
Ro­mani­an Tax Au­thor­ity takes a fur­ther step to­wards di­git­al­isa­tion
The on­line visu­al iden­ti­fic­a­tion pro­ced­ure, an es­sen­tial part of Min­istry of Fin­ance Or­der no. 2012/2020 (of­fi­cially passed on 11 June) that al­lows for tax au­thor­it­ies and tax­pay­ers to com­mu­nic­ate by...
23 June 2020
Coronavir­us (COV­ID-19) and Pri­vacy
In the last few months, we have seen or­gan­isa­tions across Europe im­pos­ing vari­ous ob­lig­a­tions on their em­ploy­ees, vis­it­ors and cus­tom­ers to fight the spread of the COV­ID-19 vir­us. CMS has pub­lished com­pre­hens­ive data pro­tec­tion guid­ance for those em­ploy­er
02 June 2020
CMS Ex­pert Guide to pay­ment term le­gis­la­tion
29 July 2020
Ro­mania in­tro­duces tax in­cent­ives for ac­quis­i­tion of elec­tron­ic cash re­gisters
On 24 Ju­ly 2020, Law no. 153/2020 was en­acted and pub­lished, which in­tro­duces tax in­cent­ives for the ac­quis­i­tion of elec­tron­ic cash re­gisters. The pas­sage of this law was promp­ted by the fact that eco­nom­ic...
20 April 2020
CEE Green­field Guide
This guide to in­vest­ment in the Cent­ral and East­ern European (“CEE”) re­gion is in­ten­ded to help po­ten­tial in­vestors un­der­stand what in­cent­ives are avail­able when in­vest­ing in the lead­ing coun­tries in CEE. It also sets out in­form­a­tion about the pro­cess for
27 March 2020
CMS Ex­pert Guide to force ma­jeure
27 July 2020
Ro­mania aligns its na­tion­al trade mark law with EU le­gis­la­tion
On 9 Ju­ly 2020, Law No. 112/2020 for the amend­ment of Ro­mani­an trade mark law No. 84/1998 was pub­lished in the Of­fi­cial Gaz­ette, trans­pos­ing in­to the na­tion­al law the pro­vi­sions of EU trade mark Dir­ect­ive...
23 May 2019
Happy Birth­day GDPR in CEE
Happy Birth­day GDPR in CEE - as GDPR cel­eb­rates it's first birth­day CMS takes a look at what ef­fect it has had on coun­tries in CEE. Find out more.
28 October 2019
CMS Ex­pert Guide to dis­tri­bu­tion law
Are you look­ing for in­form­a­tion on dis­tri­bu­tion law? This CMS Ex­pert Guide provides you with everything you need to know.
27 July 2020
Data Pro­tec­tion Of­ficers – Avoid­ing a Con­flict of In­terest
On 28 April 2020, the Lit­ig­a­tion Cham­ber of the Bel­gian data pro­tec­tion au­thor­ity (the “APD”) im­posed a €50,000 fine on a Bel­gian com­pany, for non-com­pli­ance with the re­quire­ments re­lat­ing to the...