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Romania Amends Law To Ease Exploration Of Black Sea Blocks
Romania’s government will allow the companies drilling and prospecting underwater on the continental plateau to work without a construction authorization, in a decision that’s relevant for e...
Six Former Linklaters Colleagues Run 200-Lawyer Firms With EUR30M Revenue
If they all worked in the same place, the lawyer teams led by six Romanians who used to be with Linklaters in the early 2000s would form the largest law firm in Romania.
Romanians May Drive Cars Registered Abroad Only 90 Days – Draft
Romanian residents may not drive cars registered in other states for periods longer than 90 days, or for more than three months per year, says a draft act amending the law regarding traffic...
Labor Ministry Reduces Capital Requirement For New Private Pension Providers To EUR5M
Romanian companies looking to operate as private pension providers will need to have a minimum share capital of EUR5 million, half the amount proposed in December 2010, according to a new bi...
Deputies Tacitly Adopt Law Requiring Private Management For Public Radio, TV
Romania’s Chamber of Deputies adopted tacitly Tuesday a bill requiring that state-owned radio and television companies have private management.
Litigations, The Main Growth Driver For NNDKP Law Firm
NNDKP, the firm founded in the early ‘90s by lawyers Ion and Manuela Nestor, 58, generated 25% higher revenues in the first half of this year. Litigations are currently the main growth drive...
Romania's Antitrust Watchdog Will Continue Work With WB To Improve Competition Law
Romania’s Competition Council will continue its collaboration with the World Bank to improve the competition law, as some amendments to the normative act have not been approved by the Parlia...
New Competition Law Will Help Authorities Settle Cases Faster - Antitrust Body Chief
Romania’s new competition law, which has taken effect this Thursday, will help the Competition Council finish antitrust investigations faster, said Bogdan Chiritoiu, the watchdog's president...
Basescu Asks Parliament To Reexamine Law On Public Utilities
Romanian President Traian Basescu has sent back to Parliament for reexamination a law allowing public utility regulator ANRSC to hold 7% of sums recovered through writs of execution, checkup...