Category: Corporate Commercial and M&A

tobacco market

Pavel, Mărgărit and Associates Romanian Law Firm successfully assisted a major player owned by the Chinese Government in the acquisition of a Romanian company, an important player in the tobacco market in Romania

The Romanian Law Firm Pavel Mărgărit and Associates, specialized in commercial, corporate and mergers and acquisitions successfully assisted a company owned by the Chinese Government in the acquisition of a Romanian company, an important player in the Romanian tobacco industry. The legal services included the preparation of a legal due diligence of the target company […]

termination of an agreement

How to terminate an Agreement with a service provider in Romania?

If you are not satisfied with the services provided by a service provider in Romania, according to the Romanian Law, you can terminate the agreement, pay the services already received and accepted by you, find another service provider in Romania to work with and sign an agreement with another service provider in Romania. A Romanian […]

Chinese investor open a company in Romania

How can a Chinese investor open a company in Romania?

Over time, more and more foreign investors or individuals have incorporated companies in Romania according to national statistics. At national level, in 2020, a number of 109.939 companies were incorporated in Romania, and in 2021, 34.89% more were incorporated, respectively a number of 148.294 companies. Thus, investors from various countries of the world, especially China, […]

Promissory note / Cheque / Bill of exchange

Promissory note / Cheque / Bill of exchange – financial instruments in Romania

Business relationships between professionals in Romania can bring a number of advantages, but often also various inconveniences. The latter are often caused by non-compliance with pecuniary obligations, which is why the parties involved may end up being enforced. In order to be enforced in Romania, it is necessary to go through some steps to obtain […]

Insurance and / or reinsurance broker

How can you incorporate an insurance and / or reinsurance broker in Romania?

Considering that the incorporation of a company in Romania that carries out its activity as insurance and / or reinsurance broker in Romania shall meet additional conditions regarding the registration and authorization in Romania, therefore we consider useful their brief presentation in this article. Pavel, Mărgărit and Associates Romanian Law Firm recommends using the services […]

Multi Level Marketing business in Romania?

What you should know when you own a Romanian Multi Level Marketing business in Romania?

Although we would say that selling through multilevel marketing networks is a relatively new business on the Romanian market, find out that this form of commerce is defined by Law no. 650/2002 for the approval of the Romanian Government Ordinance no. 99/2000 on the marketing of marketed products and services as a form of direct […]

enforcement or foreclosure

How to appeal an enforcement or foreclosure in Romania?

Any person who faces an illegally initiated enforcement or foreclosure in Romania can challenge it by filing an enforcement appeal within the time limit provided by Romanian law. The Romanian Law Firm Pavel, Mărgărit and Associates recommends hiring a lawyer specialized in commercial and enforcement law and litigation who will be able to analyze whether […]

consultancy services in the in metallurgical products

Pavel, Mărgărit and Associates Romanian Law Firm assisted major investors from Italy in metallurgical and manufacturing industry on the entrance in the Romanian market.

Pavel, Mărgărit and Associates Romanian Law Firm provided legal assistance services to the representatives of a prestigious Italian company in a project regarding the incorporation of a company in Romania whose main activity is the retail sale of hardware, paints and glass an object, including a large business area in Romania in terms of the […]

consultancy IT service

What should you consider when concluding a consultancy and IT service agreement in Romania?

In the current context of significant development of the information technology (IT) in Romania, it can be noticed an increase of the number of specific consultancy and service agreements that have been concluded between professionals operating in this area, such as software development and maintenance agreements, service agreements in the IT area, IT outsourcing agreements […]

IT and software development activity in Romania

How can you carry out an IT and software development activity in Romania?

Executive Summary: The IT industry in Romania has experienced an impressive development, especially in recent years, with more and more professionals working in this field. Anyone who wants to work in this field can be hired by an IT company, can conclude a collaboration agreement, or even start an IT business in Romania. The first […]