The Romanian customs officials have recently seized a considerable quantity of goods suspected of being counterfeit, bearing the labels of well-known brands, worth approximately EUR 438,000 (USD 607,944).

The Romanian FDI regime has formally shifted to a stricter approach, with EU (including Romanian) investors now being specifically covered. We refer to Law No. 164/2023...

The new Law 28/2020, recently promulgated by the President of Romania and pending publication in the Official Gazette, squeezes in several amendments to the Food Trade Law 321/2009.

2017 has seen some antagonistic forces, whose resultant seems uncertain. On the one hand, people are talking about the steps that are to be taken with a view to consolidating the single market and achieving banking union.

Gelu Maravela, the Co-Managing Partner of Maravela⎪Asociatii, waives away the potential impact of politics on investment in the country.

The United Kingdom's exit from the European Union on 29 March, which was decided by the referendum of 23 June 2016, is a reality which produces not only political, economic and other consequences...

The Romanian State scored a major arbitration victory before the International Center for Settlement of Investment Disputes (ICSID) within the World Bank in Washington. Noble Ventures, Inc. submitted its claim under the bilateral investment treaty between the United States and Romania to arbitration under the ICSID Convention in August 2001. Noble Ventures` claimed as much as USD 353 million in damages from Romania, challenging Romania’s treatment of Noble Ventures and its investment in Combin

Rules for buying Romanian agricultural land will change as a new draft law is prepared. Will the new rules boost acquisition by foreigners or impede the process?

When Romania joined the EU it accepted the Acquis Communitaire, meaning that European and national provisions on the transfer of undertakings are applicable in Romania. However, because of the Romanian legislation, various open questions remain.

Law 18/2007 approves the mutual and unilateral termination of all the 22 intra-EU BITs concluded by Romania and which are currently in force, as listed in the Annex to the Law.

We all know it, but just in case somebody missed it, CETA means "Comprehensive Economic and Trade Agreement" and it is a free-trade agreement between Canada and the European Union

On July 26th, 2022, Law no. 265/2022 regarding the Trade Registry and for amending and supplementing certain legal enactments impacting the registration in the Trade Registry has been published in the Official Gazette of Romania ("Law 265/2022").

An ICSID ad hoc committee unanimously dismissed Romania's application to annul an arbitration award in favor of LSG Building Solutions GmbH and nine other investors, rejecting Romania's arguments concerning jurisdiction, EU law, multiparty claims, and treaty interpretation. The committee emphasized that annulment is not an appeal and cannot be used to reconsider a tribunal's legal conclusions, only to address fundamental procedural defects.