The Legal 500

Legal Developments in Romania

• Amendments to the renewables incentives scheme aimed to save the renewable energy from collapse

  Background
  - Volciuc-Ionescu

• LAW ON THE TERMINATION OF INTRA-EU BILATERAL INVESTMENT TREATIES

  1. The adoption of the Law on the termination of intra-EU BITs
  - Peli Filip

• New PPP Law in Romania to jump-start the use of public-private partnership

  The highly anticipated new Romanian law on public-private partnership ( "New PPP Law" ) has been finally enacted and will enter into force on 25 December 2016. It replaces the former Law no. 178/2010 on public-private partnership, which due to significant legislative inconsistencies has failed to accommodate any public-private partnership ( "PPP" ).
  - Volciuc-Ionescu

• Trade Finance in Romania: Taking Security over Oil in Storage Terminals

  Trade finance is generally not very developed in Romania, at least by comparison with other EU Member States and developed and emerging markets.  In this briefing, we set out certain remarks in relation to taking security over oil products which are in storage in oil terminals in Romania, which should be considered in the context of an oil products trade finance transaction.
  - Volciuc-Ionescu

• The Dispute Resolution Review Sixth Edition - Romania

  Disputes in Romania are settled in court in the vast majority of cases, under procedures regulated mainly by the new Civil Procedure Code (CPC). The CPC entered into force on 15 February 2013, has carried out a systemic and extensive overhaul of the Romanian dispute resolution model. With a specific focus on acceleration of trial proceedings, the new regulation has reformed both the schedule and the content of proceedings taking place in various phases of the lawsuit, while attempting to clarify many of the controversies raised by interpretable provisions in the former regulation.
  - Tuca Zbarcea & Asociatii

• For sale: Romania - "Europe's granary"

  Initiated late November 2013 and adopted by the Romanian Parliament on 17.12.2013 (to be published upon the President's confirmation), the law regarding purchase of agricultural lands by non Romanian EU Citizens is setting the ground rules expected for the past 7 years, since Romania's accession to EU.
  - Drakopoulos Law Firm

• Ţuca Zbârcea & Asociaţii: Getting the Deal Through – Dominance 2014

   
  - Tuca Zbarcea & Asociatii

• The Mining Law Review Second Edition - Romania

  Before 1989, when the Communism regime fell, mineral resources in Romania were exploited by state-owned companies. Although these exploitations were advertised as big economic successes of the communist governments, in reality, most of them were using outdated technology and some caused significant pollution in the mining perimeters. Moreover, in the context of Romania's negotiations to join the European Union, some of the mining exploitations had to be shut down as they were far from being compliant with the European environmental standards.
  - Tuca Zbarcea & Asociatii

• Romania: VAT registration no longer required for electricity traders on OPCOM markets

  September 2013 - Projects,  Energy and Natural Resources. Legal Developments by Buzescu Ca. More articles by this firm.
  - Buzescu Ca

• How can the Romanian Constitution be revised

  Although its stability over time represents the essence of the Romanian Constitution (the “Constitution”) and of any constitution, such fundamental law within the Romanian legal system should at the same time, at any moment, represent both a frame of reference for the Romanian social, political and economical life and a reflection of such. Given the accelerated changes within the society, in order for the Constitution to be brought in line with the overall social, political and economical evolution and perspectives, a procedure for its revision and also the limitations in what regards the possibility for the Constitution to be revised are established by this fundamental law itself. .
  - Tuca Zbarcea & Asociatii