Over the last few weeks I have been encouraged by a resurgent interest in Romania and Romanian businesses. It is extremely easy if you sit in Bucharest to see Romanian as a microcosm of Bucharest. This is all wrong as we constantly tell our clients. Look outside Bucharest. As a Romanian law firm with a wide range

Trade Mark Registration A small change in the law can have interesting effects. Law 84/1998 which is Romanian law on Trade Marks and Geographical Indications has just recently been changed to allow lawyers to be representatives in relation to Trade Mark applications and matters. Was this what was happening anyway. Are you looking for a

It is now an accepted fact that abandoned plastic requires an extended period of time before it disintegrates and is no longer a hazard. In some cases, it will continue to remain in the environment indefinitely producing substantial harm to animal and human health. The amount of plastic materials used for packaging in the world is

The New Year saw changes in relation to Romanian micro-companies that potential investors and companies need to take note of.  These changes relate not only to profit tax paying companies but also micro companies. The limitation of shareholders’ ownership of micro‐companies is modified. The new restriction limits ownership to one micro‐company in which the shareholder

The majority of our clients being established foreign companies often bring non-EU employees to Romania. For them there is in place a procedure and legal requirements which enables them to obtain a visa for work and a residency in Romania.  Many individual people are now becoming attracted to Romania as it is seen a stable

We are pleased that Hammond Partnership assisted the shareholders of Eminus Software SRL in entering into a definitive Agreement with Fortech, a Global Logic Company, to acquire the business of Eminus Software, a Romania-based software solutions provider specializing in cloud migration and digital transformation. The lawyers from Hammond Partnership consisted of Nicholas Hammond – Partner,

Romania is very much in the thinking of Foreign investors looking for a base in Central and Eastern Europe. The quality of its people as employees and as entrepreneurs is well known. However, aside there are other considerations to be taken into account when looking at setting up a business in Romania. One of the

One of the issues that as Romanian lawyers are often asked is, “Are there any readymade companies for sale in Romania and which can be bought”. In the past few months, we have noted an increase in this type of request in relation to new companies and existing companies. When the request is analysed, it

For many years the question of priorities of mortgages over moveable property and other financial instruments caused issues in Romania. A step to resolve this issue was the passing of and implementation of Law 297.  According to Article 1 para. 1 point d) of Law no. 297/2018, the National Register of Mortgage Registration is a

While Romania has been a country that has been constantly inviting and attracting new business, being a non-European citizen or company that aims to open a business can come with its own set of headaches. These are in part to changes in the Global situation and further requirements of the European Union. Certain challenges may