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Wolf Theiss Bucharest Office Hires Four New Lawyers
Companies

Wolf Theiss Bucharest Office Hires Four New Lawyers

The Romanian office of regional law firm Wolf Theiss has expanded its team by hiring four lawyers in the Investigation, Crisis Response and Compliance and Competition and Regulation practices.

Loredana Frățilă-Cristescu · 30.05.2022 · 18:02 · 1 min
Romania’s New Offshore Law Reaches Parliament
Energy

Romania’s New Offshore Law Reaches Parliament

Romania’s new offshore law has been submitted to the Parliament on Friday, Energy Minister Virgil Popescu said.

Loredana Frățilă-Cristescu · 15.04.2022 · 17:01 · 1 min
Companies Enter 2019 Without Law on Transfer of Social Security Contributions from Employer to Employees
Companies

Companies Enter 2019 Without Law on Transfer of Social Security Contributions from Employer to Employees

The first year of implementation of the ordinance transferring social security contributions from employer to employee (No. 79/2017) illustrates un abnormal situation on the labor market, as...

Loredana Frățilă-Cristescu · 03.12.2018 · 09:00 · 1 min
Major Companies On Bucharest Stock Exchange Will Not Pay Quarterly Dividends
Capital Market

Major Companies On Bucharest Stock Exchange Will Not Pay Quarterly Dividends

Banca Transilvania (TLV.RO), BRD-SocGen (BRD.RO), Electrica (EL.RO), Fondul Proprietatea (FP.RO), private issuers part of the main index of the Bucharest Stock Exchange, BET, will not be pay...

Loredana Frățilă-Cristescu · 02.10.2018 · 09:26 · 2 min
Quarterly Dividends Set To Change Stock Market Trading Patterns
Capital Market

Quarterly Dividends Set To Change Stock Market Trading Patterns

The companies listed on the Bucharest Stock Exchange could make the first quarterly dividend payments in the third quarter of 2018, now that the law regulating it came into force on July 16.

Loredana Frățilă-Cristescu · 19.07.2018 · 09:50 · 1 min
Residential Developers Sell Smaller Apartments Than Required By Law
Real Estate

Residential Developers Sell Smaller Apartments Than Required By Law

A number of residential complexes in Bucharest are offering apartments below the minimum requirements of the law in terms of usable area

Loredana Frățilă-Cristescu · 25.01.2018 · 11:30 · 3 min
President Signs 2018 State Budget Bill into Law, Warns Over Vulnerabilities
Social/Politics

President Signs 2018 State Budget Bill into Law, Warns Over Vulnerabilities

Romanian President Klaus Iohannis on Wednesday signed into law the 2018 state budget bill but warned it is vulnerable and keeping the deficit below the EU limit of 3% of GDP will be difficul...

Oana Gavrila · 03.01.2018 · 12:23 · 1 min
President Klaus Iohannis Signs Split VAT Bill Into Law
Companies

President Klaus Iohannis Signs Split VAT Bill Into Law

Romanian President Klaus Iohannis on Wednesday signed into law a bill making separate payment accounts for value-added tax mandatory for companies with bad records in VAT payments and insolv...

Ecaterina Craciun · 27.12.2017 · 13:54 · 1 min
EC Urges Romania To Correctly Transpose EU Legislation Establishing A Single European Railway Area
Social/Politics

EC Urges Romania To Correctly Transpose EU Legislation Establishing A Single European Railway Area

The European Commission on Thursday decided to send a letter of formal notice to Romania due to shortcomings in the application of the European Union rules establishing a single European rai...

Miruna Gaman · 07.12.2017 · 16:36 · 1 min