New Merger Rules For Romania

miercuri, 18 martie 2015 / Published in Intellectual Property, Romanian Business, Romanian Law
  Despite the recent scandals in the Romanian political class 2015 looks for the economy at least being a year to celebrate. Economic activity in Romania is on the increase and therefore M&A business for Romanian law firms will increase. As though anticipating this last year the Romanian Competition Council (the “Council) revised its merger control

Romanian Credit Market

marți, 10 martie 2015 / Published in Romanian Business, Romanian Law, Romanian Real Estate
One of the issues I face writing this blog is the question of what to choose this week.  Do I write based on the law firms experience of new cases in Romania the preceding week/months or do I write about new legislation proposed or otherwise.  What is interesting for some is not as riveting for others.  Such

Romania – Greece – Ukraine

joi, 05 februarie 2015 / Published in Romanian Business, Romanian Law, Romanian Real Estate
Why the above headline. During a recent trip to London the question of Greece and Ukraine were raised by a number of people on the basis of what was the impact of the problems in Greece and Ukraine on the Romanian economy and business environment.  It was an aspect that whilst in relation to Greece we

Romania and the Junker Plan

marți, 20 ianuarie 2015 / Published in Romanian Business, Romanian Social Issues, Romanian Taxes
The recent announcement by the European Union Commission of the Junker plan will have an important impact on Romania. It is clear to all businessmen that the economies of Eastern Europe still need much work done upon them even after seven years in the case of Romania of EU membership.  The same comments ap0-ply to many

Residency procedure for non EU citizens in Romania

luni, 12 ianuarie 2015 / Published in European Union case law, Romanian Business, Romanian Law
Romania as the most eastward of the countries in the European Union receives each year a number of applications for residency from non EU citizens.  Romania is open to granting residency subject to strict guidelines and laws. The legal framework regarding the possibility to reside in Romania for non EU citizens is established in accordance

Is it Worth Investing in Romania?

luni, 15 decembrie 2014 / Published in Romanian Business, Romanian Social Issues
Despite all their market research and inquiries clients still ask me the question „Is it worth investing and doing business in Romania„? This is of course a difficult question to answer and the answer will change over a period of twelve months. It is also very subjective. Had this question been asked of me at the beginning of

International Marriages

miercuri, 10 decembrie 2014 / Published in Romanian Business, Romanian Law, Romanian Social Issues, Romanian Taxes
Family law in Romania for non Romanians is one of the more complicated areas of law, especially if you come from a common law country. This is I believe why we are often asked to give advice on inheritance law in relation to unions between Romanian and non-Romanian citizens. This is why one of the changes introduced in 2011

A Young New Romania

luni, 24 noiembrie 2014 / Published in Romanian Business, Romanian Social Issues
The result of the Presidential election last week was not unexpected but was a surprise.  Since 1990 when I first came to Romania to practice law in Romania there have been many false dawns.  Each time there has been an election we hoped that there would be some change; although unfortunately in most cases this

Cloudy Questions

luni, 17 noiembrie 2014 / Published in Intellectual Property, Romanian Business, Romanian Law
How secure is your information uploaded in the cloud? How many people upload data into the cloud and how many of them have ever stopped to consider the safety of the information uploaded or the compliance requirements with the laws regarding data protection. Even though the use of Cloud services is becoming more widely spread, the Cloud raises several

The DNA Lasting Influence

luni, 10 noiembrie 2014 / Published in Romanian Business, Romanian Law, Romanian Social Issues
Romania unfortunately has in the main a reputation in Europe that is not based on fact but on fiction. This was brought home to me this weekend when I was at a reception talking to a new ambassador in Romania who had recently arrived from another European country. When he was advised that he was