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Commercial Law in Romania: New enactments in force

Commercial Law in Romania: New enactments have been recently enforced - Law No. 118/2008 for the approval of Government Emergency Ordinance No. 119/2007 on the measures for fighting against the delay in the performance of the payment obligations resulting from commercial agreements (“Law No. 118/2008”), the Emergency Ordinance No. 79/2008 of 18 June 2008 on economic-financial measures for certain business entities (“G.E.O. No. 79/2008”) and the Emergency Ordinance No. 90/2008 on the statutory audit of annual financial statements and of consolidated annual financial statements („G.E.O. No. 90/2008”).Read more...

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