News and Insights

Finance and secured lending in Romania

What is the current state of the lending market in your jurisdiction and have any new trends emerged over the last 12 months? The lending market picked up during the second quarter of 2016, following a slowdown at the end of 2015. Bank debt continued to be the most common form of lending…

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New reporting obligations for multinational enterprise groups

The Government Emergency Ordinance no. 42/2017 amending Law no. 207/2015 regarding the Fiscal Procedure Code (“GEO 42/2017”), entered into force on 13 June 2017, transposes within the Romanian legislation the EU Directive 2016/881 which provides the mandatory automatic exchange of information…

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