It is only in more modern times that Romania has become more and more involved in relation to trademarks. After 1990 trademarks assumed more importance especially in the realm of consumer products such as confectionery, drinks and latterly fashion. Whether people realize it or not, they deal with trademarks every day. Not only that, trademarks

In the context of globalization, foreign investment is a very common and important practice. This practice provides the entrepreneurs with a broader scope for implementing their business ideas and it also helps boost the local economy. The European Union provides entrepreneurs with the opportunity to invest in businesses outside their local or national economic systems.

Inheritance is the practice by which a person receives property from the estate of a deceased person, whether by the laws of inheritance or as a beneficiary of a will or trust. In Romania, the succession law principles and its procedure are included in the Romanian Civil Code.  If you are a foreign citizen and

A person should be able to know your rights and obligations and be represented fairly in any legal case.  A person has the right to receive legal assistance and representation in criminal proceedings.  Legal assistance and representation are regulated by the criminal procedure rules set down by the Romanian Parliament in the Penal Code of

Romania now has had a plethora of mergers and acquisitions. The share sale-purchase agreements, although governed by Romanian law, have in many cases been based on documentation and concepts imported from other jurisdictions. For investors and advisers used to other jurisdictions especially from the UK and the US the use of common expressions, concepts and

Romania is still an interesting place for foreign investors. Whether you are a trading company or an investor. There is continuing to be considerable interest in all types of real estate property from logistic parks, retail units, production as well as residential accommodation. Buyers, especially for residential property, have not been forced out of the

Where there is a trade there are debts. This is something that always has to be borne in mind. I was recently reminded of this at a conference which I attended last week on debt collection and credit control. As foreign trade continues to expand especially in Eastern Europe, finance directors and CEO have to

In a society that puts too much price on quick solutions and on the principle of dealing only with its own resources, which often prove to be insufficient, the need for professional services is even greater. This is more pronounced in the legal field. Whether it is multinational companies or individuals from different areas of

Nicholas Hammond attended the Annual Meeting of IR Global in London on 14th to 16th October as representative from Romania. The meeting culminated in a festive dinner in the ballroom of the Whitehall Palace in Whitehall, which his renowned for the ceiling painted by Rubens.  The meeting was attended by over 350 attendees and their