Romania implemented a support system for renewable energy based on green certificates (GCs) granted free of charge to producers of electricity from certain renewable energy sources (hydropower <10 MW, wind, solar, biomass, landfill gas and sewage treatment plants)...
On 21 March 2017, Law no. 18/2017 approving the termination of agreements on mutual promotion and protection of investments concluded by Romania with other Member States (Intra-EU BITs) (Law 18/2017) was published in the Official Gazette no. 198 / 2017. The legislation for terminating…
The Romanian M&A market is dominated by private deals, significantly outnumbering transactions involving listed companies. In terms of size, the
The National Bank of Romania (“NBR”) regularly assesses credit institutions in terms of systemic importance, in line with the specific guidelines set out by the European Banking Authority in this regard. Following the most recent assessment of NBR dated December 2016…
The National Energy Regulatory Authority (ANRE) has recently published a draft for a new order regulating the organization and operation of investigation activities on the energy wholesale market. (Draft Investigations Order). This is the second attempt of ANRE to adopt such a regulation…
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