Publications
Corporate Governance Romania
These must have a minimum share capital of RON90,000 (about US$34,388) and a minimum of two shareholders. State owned joint stock companies can have a single shareholder. Shareholders are not liable for the obligations of the company. Shares are issued in a material form or kept as records only (dematerialised)...
Eastern Europe Focus
There are two main directions for defending trademarks rights in Romania, judicial and administrative, the two being complementary in certain cases as the administrative proceedings, such as oppositions and challenges of the Romanian State Office (OSIM) decisions are carried forward by means of appeals in Court...
Labour & Employment Romania
The main framework governing labour relations consists of the Romanian Constitution (articles 41 and 42 specifically concern labour), the Labour Code, and collective bargaining agreements (at national level, at the activity field level and at company level). There are also special statutes and regulations, which mainly refer to labour safety and labour protection, protection against discrimination and harassment at work, employment-related procedures, collective bargaining agreements, trade unions, employees’...
Public Procurement Romania
In 2006, a new legal framework for public procurement entered into force, namely the Government Emergency Ordinance 34/2006 on the award of public contracts, public works concession contracts and services concession contracts (GEO 34/2006) and the Government Decisions 25/2006 and 71/2007, both approving norms for the implementation of GEO 34/2006. These regulations implement the relevant EC Directives on Public Procurement...