Articles

Italian investments in Romania According to the latest data published by the National Trade Register Office and the National Bank of Romania, Italy ranks 5th among foreign investors in Romania, with more than 50,000 Romanian companies enjoying Italian share capital. In Romania, Italy enjoys an extensive presence in the market. While in the early 1990s …

British Investments in Romania According to the statistics published by the National Trade Register Office on 31.01.2021, UK ranks 12th among foreign investors in Romania, with a total investment value of 1.05 billion euros, representing 2.26% of the total foreign investment. As main areas of activity, British investors in Romania are attracted by the following …

 Swiss investments in Romania    Romania and Switzerland enjoy excellent trade relations. Romania is Switzerland’s most important partner in South-East Europe. The volume of Swiss investment in Romania amounted to €4.3 billion in 2019, making it the 7th largest foreign investor in the country. The volume of trade between the two countries amounted to around …

EN: Emergency Ordinance No. 20/2022 – Legal measures on providing support and humanitarian assistance to citizens from the zone of armed conflict in Ukraine  Emergency Ordinance no. 20/2022 on the amendment and completion of some normative acts, as well as for the establishment of some measures of support and humanitarian assistance, which aims to regulate …

Is the Ukraine conflict leading towards a new monetary order?   In response to its isolation from international trade in dollars, Russia is accelerating the adoption of the yuan and cryptocurrencies in its transactions. A diversification that could spread and raise questions about the potential end of dollar hegemony. Is there any risk that the …

Bitcoin – legal means of payment in El Salvador and developments in other spheres   In September 2021, El Salvador became the first country in the world to officially adopt Bitcoin as a legal means of payment alongside the national currency, the US dollar. Thus, businesses in El Salvador are obliged to accept payments in …

EMERGENCY ORDINANCE No 141 of 28 December 2021 on certain aspects of contracts for the provision of digital content and digital services   On 30th of December 2021, Emergency Ordinance No 141/2021 on certain aspects of contracts for the provision of digital content and digital services was published in the Official Gazette No. 1248. In …

EMERGENCY ORDINANCE No 140 of 28 December 2021 on certain aspects of contracts for the sale of goods On the 30th of December 2021, the Emergency Ordinance No. 140 / 2021 on certain aspects of contracts for the sale of goods was published in the Official Gazette No. 1245. The Ordinance lays down the legal …

ORDER No 2897 of 24th of December 2021 supplementing the Order no. 1.829/2020 of the Minister of Health approving the information flow used in reporting data on SARS-CoV-2 infection On 28 December 2021, Order No 2897/2021 issued by the Minister of Health was published in the Official Gazette No 1233. The Order aims to introduce …

English Romania – a growing entrepreneurial ecosystem Romania is a growing entrepreneurial hub, particularly in the IT, energy and healthcare industries. These are the main interests of foreign investors, who are attracted by the potential of Romanian companies in these fields. However, Romania’s entrepreneurial environment is still in a transition and development phase. IT is …