3 July 2020 – The Romanian parliament has amended Law no. 31/1990 on companies through the newly enacted Law no. 102/2020 (the “Law”), which amends and supplements previous legislation with the aim to simplify the incorporation of new companies...

June 2020 – Kinstellar has successfully advised FirstFarms, a leading Denmark-based investor in agriculture and land in Eastern Europe, on the sale of a farm of approximately 1,700 hectares in western Romania.

12 June 2020 – New measures to strengthen the labour market adopted by the Romanian government via Emergency Ordinance no. 92/2020 establishing active support measures for employees and employers in the context of the epidemiological situation caused...

June 2020 – Victor Constantinescu, Managing Partner of Kinstellar’s Bucharest office and Co-head of the firm-wide Real Estate sector, participated as a speaker in one of the senior investment panels at Virtual Property Forum 2020, the first exclusively...

June 2020 – On 3 June 2020, the Romanian Competition Council (“RCC”) published for public consultation on its website a draft Government emergency ordinance amending and supplementing Law no. 11/1991 on unfair competition (the “Draft Law”)...

5 June 2020 – New public bidding procedures have recently been published in SEAP (the Romanian Electronic System for Public Procurements). Below we highlight a number of high-value procurement procedures selected by our team that target the Romanian...

28 May 2020 – New public bidding procedures have been recently launched in Romania. Our team selected a number of high-value procurement procedures which were published in SEAP (Romanian Electronic System for Public Procurements) between 20 and 27 May...

May 2020 – On 19 May 2020, Government Emergency Ordinance no. 74/2020 amending Romanian Energy Law no. 123/2012 (the “Energy Law”) was published in the Official Gazette (“GEO no. 74”). GEO no. 74 introduces, under certain conditions, the possibility...

May 2020 – On 18 May 2020, Romania’s National Energy Regulatory Authority (“ANRE”) published in the Official Gazette the Order no. 79/2020, on the obligation to offer natural gas on centralised markets in Romania (the “Order”), which introduces...

19 May 2020 – As part of the efforts of the Romanian authorities to contain the spread of the Covid-19 pandemic, on 16 May new measures regulating the performance of activities at workplaces, in open-space offices and at tourism accommodation facilities...