Bucharest | Romania
Kinstellar advises Lion’s Head Investments on 3 office acquisitions in Bulgaria and Romania with a total transaction value exceeding EUR 310 million
February 2019 – Kinstellar is delighted to have advised its client, Lion’s Head Investments, on the acquisition of three major office buildings: two in Sofia (Polygraphia Office Centre and Megapark) and one in Bucharest (Oregon Park). All three...
Kinstellar Partner Iustinian Captariu moderates panel discussion at the European Gas Conference in Vienna
January 2019 – Iustinian Captariu, Partner at Kinstellar’s Bucharest office and head of the firm’s local Energy & Natural Resources practice, moderated an expert panel discussion at the annual European Gas Conference organised by the World Refining...
Changes to the regulation for granting authorisations for establishment and licences in the natural gas sector in Romania
January 2019 – The National Agency for Energy Regulation (“ANRE”) has recently published new amendments (the “Amendments”) to the Regulation for granting authorisations for establishment and licences in the natural gas sector approved by ANRE...
Romanian Competition Council’s preliminary conclusions on the retail banking sector inquiry launched in 2016
November 2018 – Following the adoption of EU Directive (EU) 2015/2366 of the European Parliament and Council of 25 November 2015 on payment services in the internal market (“PSD2”), the Romanian Competition Council (the “RCC”) launched in 2016...
Legal regime in Romania for the granting of cumulative weekly rest days to employees
August 2018 – Many companies have business reasons to conduct certain work activities for an uninterrupted period exceeding five days.
In Romania, the rules for implementing an uninterrupted work period of more than five days are set out under...
Online sale of medicinal products in Romania
August 2018 – The online sale of pharmaceutical products in Romania has been on the rise in recent years. This strengthening trend can be attributed to the growth of online purchases in Romania in general and to the fact that, until recently, the law...
White Paper: Harassment and insubordination at the workplace in Romania
August 2018 – An organisation should be able to make clear what is permitted as strong management and what is considered as misuse of power and harassment, just as it should be able to explain when employees in subordinate positions can express their...
White Paper: “Dawn raids” and the labour inspection authority in Romania
August 2018 – This Kinstellar White Paper has been prepared by our experts to give insight into the main powers assigned by Romanian law (Law 108/1999 and GD 488/2017) to the Labour Inspection Authority during “dawn raids“.
Why and when is...
New requirements aiming at protecting trade secrets in Romania
August 2018 – Romanian lawmakers are preparing new legislation designed to strengthen the protection of trade secrets. The draft Trade Secrets Law (“the Draft Law”) is currently under public consultation and once approved it will implement EU Directive...
The requalification of service contracts to employment contracts in Romania
July 2018 – From 2017, Romanian law empowers labour office inspectors to determine if an activity performed under a “work for hire” contract, i.e., based on a contract other than an employment contract, is in fact rendered under the conditions...