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Navigating Commercial Disputes: A Step-by-Step Guide for Businesses

Navigating Commercial Disputes in Romania: A Step-by-Step Guide for Businesses

In today’s rapidly evolving business landscape, encountering commercial disputes is nearly unavoidable. Such conflicts can manifest in a range of ways, from partnership disputes and real estate claims to contractual disagreements, all of which can disrupt your operations and impact your business. Knowing how to navigate these challenges is vital. The following guide offers essential steps to take if your […]

Clarifying Resale Pricing: A Brief Review of The Latest Romanian Competition Council Guidelines

Clarifying Resale Pricing: A Brief Review of The Latest Romanian Competition Council Guidelines

Romania’s Competition Council published  on July 31, 2023 guidelines pertaining to the maximum resale prices that could be established in retail markets (‘ORIENTĂRI CU PRIVIRE LA PLAFOANELE MAXIMALE ALE PREȚURILOR DE REVÂNZARE CE POT FI STABILITE PE PIEȚELE DE RETAIL’). The guidelines are intended to help suppliers and retailers understand when it is permissible to impose a maximum resale price […]

ECJ Finds a Member State s FDI Screening Law Incompatible with EU Law Implications and Key Insights

ECJ Finds a Member State’s FDI Screening Law Incompatible with EU Law: Implications and Key Insights

The European Court of Justice (ECJ) recently issued a significant ruling declaring Hungary’s foreign investment screening law inconsistent with EU law, specifically the freedom of establishment in Article 54 TFEU. The case, known as Xella Magyarország v. Innovációs és Technológiai Miniszter, provides essential insights into FDI screening within the EU and raises pertinent points for consideration. Background In the EU, […]

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Clarifying the Limits: CJEU’s Ruling on National Courts’ Role in Altering Contract Terms

The Court of Justice of the European Union (CJEU) laid down a watershed ruling on December 7, 2022, in preliminary ruling case C-566/21. This significant judgment clarified the bounds of protection granted under Directive 93/13/EEC, expressing that consumer protection should not be manipulated into a tool for acquiring economic gains or disrupting contractual equilibrium. Understanding the Directive 93/13/EEC The interpretation […]

Mastering Cost-Efficient Arbitration: a Pocket Guide to Success

Mastering Cost-Efficient Arbitration: a Pocket Guide to Success

Have you ever found yourself tangled up in lengthy arbitration proceedings, draining your time and resources? Well, fear not! In this article, Andreia Dumitrescu, our Partner with expertise in domestic and international arbitration, will briefly explore the main techniques that can help keeping these costs in check and speed up the process. Arbitration: The Preferred Dispute Resolution Method Arbitration has […]

Modernization of Public Administration in Romania: Cutting Through the Bureaucratic Maze

Simplifying the Complex: From Red Tape to Streamlined Operations in Romania’s Public Administration

Whether we talk about obtaining permits, registering documents, or simply requesting information, the process is often riddled with “red tape” in Romania. However, a wave of change is upon us. On July 4, 2023, Law no. 9/2023* came into effect in Romania, aiming to bring simplification in the central and local public administration. A Shift Towards Simplicity The new law […]

Electric Safety Enhanced Understanding the Impact of Romania s Order 959 2023 on Electrical Installations.png

Electric Safety Enhanced: Understanding the Impact of Romania’s Order 959/2023 on Electrical Installations

In a world where dependence on electricity grows exponentially, the safety of electrical installations becomes paramount. A major concern in this regard is the risk of fires caused by arcing faults which can go undetected by “classic” thermal-magnetic or RCD protection. This is where Order 959/2023 steps in, bringing significant changes to the Romanian i7 Standard (‘Normativul i7’), with a […]