An integrated CEE law firm with worldwide activities.

Legal updates impacting Romanian citizenship law

Currently, the procedure and requirements for obtaining and regaining Romanian citizenship is regulated by Law no. 21/1991 on Romanian Citizenship (hereinafter referred to as “Law no. 21/1991”). Law no. 21/1991 sets the general framework, establishing that Romanian citizenship can be obtained by birth (ius sanguinis being the applicable principle of nationality law), by adoption, or […]

New rules increase consumer protection in regards to total cost of credit in Romania

Law 243/2024 on Consumer Protection in regards to the Total Cost of Credit and the Assignment of Receivables (“Law 243”) was published in Official Gazette no. 807/13.08.2024 and shall enter into force 90 days from the date of publication. This law applies to legal relationships between consumers, non-banking financial institutions, and entities engaged in debt […]

EU AI ACT AND ITS IMPACT ON AI-DRIVEN BUSINESSES: KEY DATES & TAKEAWAYS

PETERKA & PARTNERS Romania is pleased to inform you about an important legislative update connected to artificial intelligence. On July 12, 2024, the EU AI Act was published in the Official Journal of the European Union, establishing harmonized rules on artificial intelligence. The Act will come into force 20 days after publication, making August 1, […]

We’re thrilled to announce the launch of the Data Protection Guide by ILN!

Authored by the team of cybersecurity and data privacy experts, this comprehensive resource is designed to provide invaluable insights into data protection regulations across multiple jurisdictions. Covering a wide array of topics, including governing legislation, scope of application, legislative framework, requirements for data processing, rights and duties of data providers, regulatory authorities, consequences of non-compliance, […]

Romanian companies must meet RO e-Transport reporting obligations

The RO e-Transport monitoring system emerged in the second half of 2022, when Romania implemented it through Government Emergency Ordinance No. 41/2022 (“GEO no. 41/2022”) as a system initially designed to combat tax evasion by monitoring the transport of goods with high fiscal risk (RO e-Transport). The categories of road vehicles subject to monitoring in […]

Comprehensive legal advice on advertising campaigns provided by our Romanian team

PETERKA & PARTNERS Romania provided legal advisory services to the local subsidiary of a well-known international manufacturer of skylights and one of our long-term important clients, in relation to the implementation of various marketing campaigns. Our tailored assistance consisted in providing advice on the relevant applicable legislation on promotional campaigns, advice on relevant data protection […]

Updates on computation of fines and leniency and immunity from fines introduced by recent amendments to Romanian Competition Law

Government Emergency Ordinance no. 108/2023 amending and supplementing Competition Law no. 21/1996 (“Competition Law”), as well as other normative acts (“GEO 108/2023”), was published in the Official Gazette on December 6, 2023 with certain provisions entering into force within 30 days after the publication. It is an important legislative change, through which Romania has completed […]

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