Simplified corporate rules in Romania brought by new amendments to Law no. 31/1990
On the 5th of November 2020, Law no. 223/2020 on simplifying and eliminating the bureaucracy related to share transfers and payment of share capital (‘Law 223/2020’) entered into force. Law no. 223/2020 brings certain amendments to Companies’ Law which are meant to ease procedures related to the incorporation of limited liability companies and the transfer […]
Ongoing long-term cooperation with leading producer of fresh food packaging
PETERKA & PARTNERS Romania continues to provide successful legal assistance to PETRUZALEK-COM, the Romanian subsidiary of Sirap Gema, a leading company in the manufacture of thermoformed packaging for the food industry, with regard to the preparation of the relevant labour documents for specific situations identified during the day-to-day activities of the company, including assistance in […]
Important update regarding the extension of the deadline for the submission of the declaration envisaging the Ultimate Beneficial Owner in Romania
The Romanian office would like to announce an important legislative change regulated by the Emergency Ordinance no. 191/2020 regarding the extension of the deadline for the submission of certain documents required from associations and foundations, as well as on legal entities registered in the Trade Register. This Emergency Ordinance entered into force on 30 October […]
Registration of Ultimate Beneficial Owner in Romania – companies are invited to meet deadline of 1 November 2020
PETERKA & PARTNERS Romania would like to brings to your attention updated information regarding the process of registering the Ultimate Beneficial Owner in Romania. The This topic is very important for companies with business in Romania and it is related to Law no. 129/2019 On the Prevention of Money Laundering and Terrorist Financing. If your […]
PETERKA & PARTNERS Romania, proud member of Danish Romanian Business Association
PETERKA & PARTNERS Romania is proud to announce its new membership in the Danish Romanian Business Association. The association, which was initiated by the Royal Danish Embassy, is highly recognized as an important hub providing a basis for Danish companies and their Romanian partners to network effectively, and contribute to the strengthening of the commercial […]
PETERKA & PARTNERS recommended by IFLR1000
We are proud to announce that our law firm has once again been recognized by the annual international legal guide IFLR1000 for the year 2021. Our offices retained our positions in the area of Banking and Finance, M&A, Restructuring and Insolvency, Finance and Corporate, and Project Development. We are also delighted to be able to […]
New registration requirement for contracts and enforceable titles per se in Romania
PETERKA & PARTNERS Bucharest has prepared a short brief regarding the newly adopted legislative changes envisaging contracts and enforceable titles. On 11 September 2020, a new condition was regulated for the enforcement of documents under private signature which, according to the law, are validly concluded and qualify as enforceable titles. For more details regarding this […]
New legislative highlights envisaging equality and non-discrimination at workplace in Romania
PETERKA & PARTNERS Romania shines light on sensitive topic related to labour relations. Given that there has been a great deal of controversy in regards to labour relations, most of it caused by the violation of the principles of equality and non-discrimination that apply to every employer and employee, the Romanian legal framework is being […]
COVID 19 in Romania – New support measures in the labour field
PETERKA & PARTNERS Romania prepared a brief article with regard to the latest updates in the labour field, during the Covid- 19 pandemic in this country. The pandemic has generated significant changes in the labour legislation and continues to determine the authorities to adopt the most efficient support measures both for employers and employees. Please […]
PETERKA & PARTNERS advises important Romanian player on real estate market
Over the last few months, the Romanian office of PETERKA & PARTNERS has been assisting an important Romanian company, the local real estate division of a highly reputable Austrian logistics group, with regard to several real estate transactions in Romania. The assistance consisted both in carrying out due diligence investigations as well as in structuring […]