One of the many things that Romanian lawyers have had to cope with over the last twenty years has been the influence on the Romanian legal system of foreign lawyers and foreign legal systems. The majority of Romanian lawyers were educated in a system that did not recognize the influence of foreign law on the
Transparency is one of the key stones of both democracy and the way that business is now being conducted in Romania and in most societies. No longer is it acceptable for a group of persons or indeed groups to get together and make decisions for the greater good, without the greater good being allowed to
Christmas comes but once a year as does the New Year. These are important times for Romania and Romanians as well as for the Ministry of Finance. Each year the Ministry passes an Ordinance whereby they change certain taxes and procedures in Romanian law and which will come into force on 1st January of the
One of the most frequent questions we are asked is regarding corruption and influence peddling in Romania and how this is dealt with under Romanian law. Unfortunately, Romania does figure in a number of corruption indices and in a high position. The question that is being asked is why, and how does it affect business.
When I first came to Romania there was very little to purchase in the shops. Goods were in short supply and often of poor quality. There were very few imports. Shops would display articles and then refuse to sell them to you, as they would then have nothing else to display. This actually happened to me
Romania has one of the most employee friendly legal regimes in the EU. One hears about the problems in terms of restructuring and employee removal in France and Italy but Romania comes very close behind. For all employers the question of employee protection and employee rights becomes important as a company develops or needs to