News and Insights

The Romanian mergers and acquisitions market recorded a strong growth last year, exceeding EUR 3 billion total value from a level of EUR 2.24 billion in 2014. The number of M&A transactions in 2015 was lower than in 2014 (119, as opposed to 131 in 2014) and most of the deals were small and medium size…

The Investment Plan for Europe (the "Investment Plan") which has become operational recently, focuses on generating investments and removing obstacles to investments in the European Union, through: (i) the European Fund for Strategic Investments ("EFSI")…

On the 25th of November, the Romanian Parliament passed a new law regarding the transfer of mortgaged immovable assets in lieu of payments under consumer loans ("Approved Draft Law") – this is subject to promulgation by the President of Romania…

Directive 2014/93/EU amending Council Directive 96/98/EC on marine equipment (“Marine Equipment Directive“) was adopted on 18 July 2014 with a view to incorporate in the Marine Equipment Directive the amendments to the international conventions and…

The validity of a number of petroleum concession agreements has been challenged in court on claims that shale gas is not covered by the petroleum law No. 238/2004 (“Petroleum Law“), and therefore, the National Agency for Mineral Resources (“NAMR“)…