On 4 October 2021, the Romanian Government approved Emergency Government Ordinance no. 118/2021 establishing a compensation scheme for the electricity and gas consumption during the 2021-2022 cold season and for amending Government Ordinance no. 27/1996 establishing amenities for people living or working in certain areas from the Apuseni Mountains and the “Danube Delta” Biosphere Reservation, …
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 …
New Soil Quality Certificate – a potential impediment for land transactions
As of 1 January 2021, Law 246/2020 on soil use, conservation and protection (“Law 246/2020“), introduces a new requirement for certain land operations – obtaining a soil quality certificate in the following cases (for both extra muros and intra muros plots of land): the change of the holder of the land / the transfer of …
Law 223/2020 simplifying formalities for the transfer of shares in limited liability companies
On 5 November 2020 Law no. 223/2020 for simplifying and eliminating bureaucracy regarding transfer of shares and payment of share capital (“Law 223/2020“) came into force. Law 23/3030 repels some of the most impactful red tape provisions of Companies Law no. 31/1990 (“Companies Law“). Law 223/2020 eliminates the provisions that regulated the two-step procedure which …
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 …