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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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12 April 2021
EU Di­git­al Ser­vices Act gives new leg­al frame­work for plat­form eco­nomy
The European Com­mis­sion has is­sued the draft pro­pos­al for the Reg­u­la­tion on a Single Mar­ket for Di­git­al Ser­vices (Di­git­al Ser­vices Act or DSA), which cre­ates a new leg­al frame­work for di­git­al ser­vices...
06 April 2021
Ro­mani­an law giv­ing im­pun­ity to tax-fraud­sters enters in­to force
On 4 April 2021, entered in­to force Law no. 55/2021, bring­ing modi­fic­a­tions to Law no. 241/2005 on the pre­ven­tion and fight against tax eva­sion. These modi­fic­a­tions were first pro­posed in 2017 and ap­proved...
06 April 2021
Ro­mania reg­u­lates new con­di­tions for food sup­ple­ments
On 30 March 2021, the Ro­mani­an Pres­id­ent pro­mul­gated Law no. 56/2021 on food sup­ple­ments, which reg­u­lates the con­di­tions for the ad­vert­ising and pla­cing of food sup­ple­ments on the mar­ket.  The Law also...
06 April 2021
Ro­mania re­in­forces short-time work dur­ing pan­dem­ic
Ro­mania has ap­proved the Kur­z­arbeit Law (No. 58/2021), which re­in­forces the terms and con­di­tions of the ex­ist­ing short-time work scheme (known as “Kur­z­arbeit” in Ger­many) to help com­pan­ies cope with...
06 April 2021
EU is­sues draft of Di­git­al Mar­kets Act aimed at cre­at­ing a new and fair...
The European Com­mis­sion has pub­lished a draft pro­pos­al for a new com­pet­i­tion law frame­work for large on­line plat­forms, called the Di­git­al Mar­kets Act (DMA). The Com­mis­sion pro­posed the DMA due to the...
01 April 2021
Ro­mania to re­strict third coun­try-bid­ders and products for pub­lic con­tracts
Ro­mania is in the pro­cess of ban­ning cer­tain non-EU and non-EEA coun­tries from par­ti­cip­at­ing in pub­lic pro­cure­ment pro­ced­ures in Ro­mania. After a Memor­andum out­lining this ban was first ap­proved by the...
30 March 2021
Con­sti­tu­tion­al Court of Ro­mania: green lights for ab­solv­ing tax-fraud­sters
On 17 Feb­ru­ary 2021, Ro­mani­a's Con­sti­tu­tion­al Court re­jec­ted, as un­groun­ded, the plea of non-con­sti­tu­tion­al­ity raised by the High Court of Cas­sa­tion and Justice, the Ro­mani­an gov­ern­ment and the Ro­mani­an...
29 March 2021
EDPS & EDPB re­lease joint opin­ion on the Data Gov­ernance Act
On 10 March 2021, the EDPB and the EDPS re­leased their joint opin­ion on the Data Gov­ernance Act (DGA), the European Com­mis­sion’s Pro­pos­al for a Reg­u­la­tion on European data gov­ernance. The DGA is an...
26 March 2021
Oil & Gas / Ship­ping – The Ever Giv­en
The Suez Canal opened in 1869. Along with the Panama Canal, it is one of the most im­port­ant mari­time “short­cuts” ever built. Today, the canal is 193km (120 miles) long and is one of the busiest wa­ter­ways...
24 March 2021
EDPB Guidelines on Vir­tu­al Voice As­sist­ants
The European Data Pro­tec­tion Board (EDPB) pub­lished its draft Guidelines 02/2021 on Vir­tu­al Voice As­sist­ants (VVAs), which are soft­ware ser­vices that take voice as an in­put, identi­fy and ex­ecute a com­mand...
19 March 2021
EDPB is­sues guidelines on Con­nec­ted Cars
After a pub­lic con­sulta­tion pro­ced­ure, the European Data Pro­tec­tion Board (EDPB) ad­op­ted and pub­lished the fi­nal ver­sion of Guidelines 01/2020 on the pro­cessing of per­son­al data in the con­text of con­nec­ted...
16 March 2021
Ro­mania sells BIT­COIN and ETH­EREUM in pub­lic auc­tion for the first time
In late 2020, the Ro­mani­an Na­tion­al Agency for the Man­age­ment of Seized As­sets (ANA­BI) con­duc­ted two pub­lic auc­tions of seized BIT­COIN (BTC) and ETH­EREUM (ETH). The sale of the seized BTC and ETH was...