News
HOW THE RULES CHANGED IN TERMS OF BUI...
The building regulations in force regarding the authorization and performance of construction works, especially the Law no. 10/1995 and the Law no. 50/1991 have been subject to major changes since 2022 and up to date. Read more
10 May 2023SALE AND LEASE-BACK TRANSACTION: A ST...
« Sale and leaseback » is a financial strategy involving the sale of an asset, which is subsequently leased back for a determined term. Read more
12 April 2023GRUIA DUFAUT ADVISED FM LOGISTIC IN A...
GRUIA DUFAUT Law Office advised the French group FM Logistic, a leading supply chain services company operating across Europe, in a sale and lease back transaction of its entire Romanian portfolio totaling 100,000 sqm Read more
6 April 2023CREDITORS’ VOLUNTARY ARRANGEMENT: NEW...
Further changes were brought to the Insolvency and Insolvency Prevention Law no. 85/2014 with the publication of the Law no. 46/2023 in the Official Gazette No. 183 of March 3, 2023. The new changes cover [...] Read more
29 March 2023SALE OF AGRICULTURAL LAND LOCATED OUT...
Long waited to unlock transactions with agricultural land located outside the build-up area, the procedure regulating the calculation and payment method of the 80% additional tax due, under certain conditions, when selling agricultural land located [...] Read more
9 February 2023INCOME TAX EXEMPTION: A BROADER LIST ...
Starting with January 1, 2023, new categories of employees in the IT field hired based on an employment contract may benefit of an income tax exemption enacted by the Order no. 21813/6421/2246/4433/2022, published in the [...] Read more
2 February 2023CRISTINA BOJICA WAS A GUEST ON ZF LIVE
Our Partner Cristina BOJICA was a guest on the online broadcast of ZFLive, powered by Ziarul Financiar, to talk about the recent changes in corporate law, the foreign investment regime and the employer-employee relationship. Read more
1 February 2023LABOR LAW: WHAT’S NEW IN THE SOCIAL D...
New regulations on the social dialogue entered into force on December 25, 2022, with the publication of the Law no. 367/2022 in the Official Gazette no. 1238 of December 2022. This new law, repealing the [...] Read more
27 January 2023PUBLIC HOLIDAYS IN 2023
At the beginning of this new year, may it be great, please find bellow the list of Public Holidays in 2023, as provided for by the Romanian Labour Code. Read more
10 January 2023THE PRINCIPLES OF SUSTAINABLE GROWTH ...
Although integrating green criteria in public procurement is not a new topic, in the context of the debates on the EU Green Pact, of growing concerns over sustainability, energetic independence and competitivity, it has been [...] Read more
9 January 2023POWER LUNCH : RECENT CHANGES IN LABOU...
Join us to the Power Lunch : Recent changes in labour legislation and prospects for 2023 Read more
20 December 2022THE REGIME FOR APPROVAL OF NON-EU INV...
The Emergency Ordinance of the Government no. 46/2022 (”GEO 46/2022”) harmonizes and corelates domestic law with the European law in screening foreign direct investments (”FDI”), Read more
14 December 2022THE MINIMUM GROSS SALARY AND SOCIAL C...
Starting with January 1, 2023, the minimum gross salary at the national level increases from 2,550 Lei per month to 3,000 Lei per month. In the construction field, according to the GEO no. 168/2022, the [...] Read more
13 December 20222022: THE YEAR WHEN THE CVM BECAME HI...
The report of the European Commission and of the Council on the progress of Romania within the Cooperation and Verification Mechanism (CVM) concludes that the country now meets the conditions for lifting the verification mechanism. [...] Read more
5 December 2022INDUSTRIAL LICENSING : A STEP FORWARD...
A new legal and institutional framework, meant to expedite and simplify the licensing procedures – for obtaining licenses / authorizations / agreements / permits – required for carrying out an industrial activity in Romania, was [...] Read more
2 November 2022