LOCATIONS
Bucharest | Romania

Office

8 - 10 Nicolae Iorga
010434 Bucharest
Romania

+40 21 307 1500

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Company Law simplified in Romania

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...

Kinstellar advises FirstFarms on the sale of a large farm in western Romania

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.

Romania: “Post Covid-19” governmental support for the labour market

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...

Kinstellar Managing Partner in Romania, Victor Constantinescu, speaks at Virtual Property Forum 2020, the first exclusively online property conference, on “Investment strategies in the post-lockdown world”

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...

Romania: Draft law sanctioning the abuse of superior bargaining position published for public consultation

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”)...

Update on published bidding procedures in Romania

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...

New public bidding procedures launched in Romania

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...

Change is now: Important amendments to the Romanian Energy Law

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...

Romania’s energy regulator ANRE enacts order introducing gas release programme

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...

Romania: New measures for activities carried out at workplaces, in open-space offices and at tourism accommodation facilities

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...