On 13 October 2014, the European Commission adopted the Implementing Regulation No. 1112/2014 (Regulation) setting out common formats for sharing of information on major hazard indicators by the operators and owners of offshore oil and gas installations and for the publication of such information…
New electricity trading rules for the centralised bilateral contracts market in Romania
Romanian Capital Markets align with EU securities settlement date
While the majority of the EU member states, including Romania, used a three day securities settlement cycle (ʺT+3ʺ), following the adoption of Regulation (EU) No. 909/2014 of the European Parliament and of the Council on 23 August 2014 on improving securities settlement in the European Union and…
Draft Law supplementing the Law No. 220/2008 establishing the aid scheme for the generation of electricity from renewable energy sources
Upcoming transposition of the new EU Concessions Directive – a possible solution to unlocking Romania’s major projects
Due to Romania’s commitments to international financiers and the strict Maastricht criteria, many major projects (in particular, related to transport, energy or to social infrastructure) cannot obtain “classic” Romanian state funding and alternative financing structures need to be utilized…