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Romania’s defence sector outlook – Overview of strategic, legal and financial developments
Romania is entering a new phase in the development of its defence and security sector. In this brochure, we provide an overview of the current strategic, legal, and financial developments driving Romania’s defence transformation, including insights into the National Defence Strategy for 2025–2030, the Security Action for Europe (SAFE) program, and key legislative updates such as Government Emergency Ordinance No. 62/2025. It also highlights key aspects of Romania’s defence procurement processes, industrial cooperation and opportunities for modernisation through innovation and investment, providing a clear picture of the country’s evolving defence landscape. Click on the image below or use this link to
But I didn’t know?! Required compliance by Romanian real estate developers with Romania’s (stricter) anti-money laundering obligations
Are you a real estate developer in Romania? Do you have as your primary activity NACE Code (Cod CAEN) 4110 – “Development of building projects” (i.e. the newly NACE Code 6812 as per the recent NACE Rev. 3 classification)? If so, you should be aware that you are qualified as an “obligated entity” for purposes of Romanian anti-money laundering legislation compliance. And the National Office for Prevention and Control of Money Laundering (the “ONPCSB”) is actively auditing real estate developers for compliance. Below are some of the key principles to keep in mind. Background The European Union passed Directive (UE) 2015/849 in 20 May 2015 (i.e., the 4th Anti-Money Laundering Directive).