News and Insights

The highly anticipated new Romanian law on public-private partnership (“New PPP Law“) has been finally enacted and will enter into force on 25 December 2016. It replaces the former Law no. 178/2010 on public-private partnership, which due to significant legislative inconsistencies…

The Romanian Government has just approved the much awaited Transport General Master Plan for Romania ("TMP"), expected to significantly boost the infrastructure development in Romania over the next 15 years in railway, road, naval, aerial and multimodal transportation…

Trade finance is generally not very developed in Romania, at least by comparison with other EU Member States and developed and emerging markets. In this briefing, we set out certain remarks in relation to taking security over oil products which are in storage in oil terminals in Romania…

For the second consecutive year, the Legal 500 EMEA guide has ranked Volciuc-Ionescu as a leading law firm in three of our core practice areas, as follows: Banking, finance and capital markets, Commercial, corporate and M&A, Energy and natural resources…

A steering committee within the Romanian Ministry of European Funds is currently working on a draft national contract for constructions to be used by public or private beneficiaries for constructions financed partially or totally from public funds (the "National Contract for Constructions")…