Envisaged amendments in the energy sector

On 21 September 2021, the Ministry of Energy introduced a new proposal to amend Law no. 123/2012 on electricity and natural gas (“Law no. 123/2012”), in the form of an Emergency Government Ordinance (“Draft EGO”). The main purpose of the proposal is to implement Directive (EU) 2019/944 on common rules for the internal market for …

Amendments to the Energy Law

On 15 December 2020 a law amending the Energy Law no. 123/2012 (“Energy Law“) was passed under no. 290/2020 (the “Amending Law“). The Amending Law, among others, transposes at a national level the provisions of Directive (EU) 2019/692 of the European Parliament and of the Council of 17 April 2019 amending Directive 2009/73/EC concerning common …

Simplification of trade registry formalities

On 26 December 2020 Order no. 6974/C/2020 amending and supplementing the methodological rules on the keeping of trade registers, recording and release of information (“Order“) has entered into force .The Order simplifies some of the formalities companies have to perform in order to register operations with the trade registry. The main amendments on incorporation of …