Romania: legislative developments with immediate business relevance #3
🔴Economic Relaunch Bill becomes Emergency Ordinance: The Ministry of Finance converted the PSD bill into an emergency ordinance, updating depreciation and pension contribution rules while keeping investment support and tax incentives. Read more…
Romania: Legislative developments in the labour code and work relations sectors #1
🔴Granular Classification of Special Working Conditions: A draft bill that seeks to refine the recognition of „special working conditions” within the Pensions Law by strictly limiting this classification to the time actually spent performing hazardous or specialized tasks was registered with the Chamber of Deputies after being adopted by the Senate. Read more…
Romania: Legislative developments in the energy sector with immediate business relevance #2
🔴AFIR Implementation: Enforcement Framework Established The Government adopted the Emergency Ordinance establishing Romania’s institutional framework for implementing Regulation (EU) 2023/1804 on alternative fuels infrastructure. Read more…
Romania: legislative developments with immediate financial relevance #1
🔴CRD VI transposition and strengthening of the prudential framework. The Ministry of Finance has launched a draft law to embed CRD VI and related EU prudential rules into primary legislation, significantly upgrading supervisory, governance, and risk management requirements for credit institutions and investment firms. Read More
Romania: legislative developments with immediate digital and telecom relevance #1
🔴New Rules for the use of e-Signatures. Romania now has the implementing rules for the use of e-signatures, after the Economy and Digitalization Minister unblocked the application of Law 214/2024. Read more…
Romania: legislative developments with immediate business relevance #2
🔴 Draft Bill for Economic Relaunch: At the proposal of PSD, the finance minister published for debate the bill for economic recovery. A broad package of measures with a direct impact on the business environment. Read more…
Romania: legislative developments with immediate business relevance #1
🔴 DAC9 and Automatic Exchange of Tax Info: New rules to implement the EU DAC9 directive, requiring multinational companies to automatically report information on additional taxes, into force after Government adoption. Read more…
Romania: Legislative developments in the energy sector with immediate business relevance #1
🟠 Undergrounding of Electricity Distribution Lines: A parliamentary proposal introduces a formal right for landowners to request undergrounding of overhead distribution lines at their own expense, creating new procedural obligations for distribution operators and integrating relocated assets into the regulated network. Read more…
