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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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CMS Ex­pert Guide to Dis­tri­bu­tion
16 Jan 20
Ro­mania makes changes to elec­tric­al sec­tor leg­al frame­work to align...
Ro­mania re­cently en­acted sec­ond­ary le­gis­la­tion for the im­ple­ment­a­tion of EU Reg­u­la­tion 2019/943 for the in­tern­al mar­ket in elec­tri­city. In Decem­ber 2019, the Ro­mani­an Na­tion­al En­ergy Reg­u­lat­or (ANRE)...
23 May 19
Happy Birth­day GDPR in CEE
14 Jan 20
Ro­mania takes first steps to­wards en­ergy mar­ket lib­er­al­isa­tion
Early this Janu­ary, the gov­ern­ment has de­cided to void some meas­ures ad­op­ted al­most a year ago re­gard­ing the en­ergy mar­ket (please see our Law-Now art­icle on this top­ic). Gov­ern­ment Emer­gency Or­din­ance...
02 Jul 18
E-pub­lic pro­cure­ment CEE 2018
23 Dec 19
So­cial Me­dia and mHealth Data EMA / HMA Re­port
New and in­nov­at­ive tech­no­lo­gies have led to a huge in­crease in data com­ing from sources that haven’t pre­vi­ously been used with­in the reg­u­lated medi­cines in­dustry. In re­cog­ni­tion of this ex­plo­sion of...
25 June 2018
CEE Green­field Guide
Third edi­tion
20 Dec 19
Ro­mani­an Fin­an­cial Ser­vices Au­thor­ity turns its at­ten­tion to a post-Brexit...
As re­por­ted earli­er this year, the Ro­mani­an Fin­an­cial Ser­vices Au­thor­ity (the “FSA”) in­dic­ated that, in the event of a hard Brexit, UK en­tit­ies op­er­at­ing in the non-bank­ing fin­an­cial mar­kets will...
June 2018
On­line Stress Test
Test your know-how pro­tec­tion
04 Dec 19
Ro­mania to re­lax re­stric­tions on in­sur­ance dis­tri­bu­tion on a FOS basis
As we re­por­ted pre­vi­ously, at the end of 2018, the Ro­mani­an Fin­an­cial Su­per­vis­ory Au­thor­ity (the “FSA”) is­sued Norm no. 19/2018 on in­sur­ance dis­tri­bu­tion (“Norm 19”). Norm 19 in­tro­duced a num­ber...
08 May 18
Green­field In­vest­ments in CEE 2018
03 Dec 19
New European Data Pro­tec­tion Board Guidelines on DPb­DD
On 13Novem­ber 2019, the European Data Pro­tec­tion Board (“EDPB”) ad­op­ted its draft Guidelines 4/2019 on Art­icle 25 - Data Pro­tec­tion by Design and by De­fault (“DPb­DD”) (the “Guidelines”). The...