Romanian legislation provides for several types of loan contracts in Romania, which are used in practice according to the interests of the parties. Among the types of loan contracts in Romania, we mention the usage loan, consumer loan in Romania, and interest-free loan in Romania. This article analyzes the concept of the consumer loan in […]
Litigation lawyer in Romania. Methods of sale contract termination in Romania In the Romanian civil law, the sale contract in Romania represents the most frequently encountered legal relationship in Romania, being regulated by complex legal provisions. The sale contract in Romania is governed by the freedom of contract principle in Romania, with the parties being […]
Establishing a movable mortgage right to secure the fulfillment of contractual obligations A movable mortgage in Romania is established through the conclusion of a mortgage agreement in Romania and takes effect from the date the secured obligation arises, at which point the mortgagor acquires rights over the mortgaged movable assets in Romania. A movable mortgage […]
Commercial lawyer in Romania. The transfer of shares in the event of the death of a shareholder in Romania Any company, once established, undergoes various changes within its structure, including those related to shares in Romania. There are multiple situations in which the transfer of shares in Romania is realized. In practice, the issue of […]
Opening of the inheritance procedure in Romania According to the Civil Code, the debate on the deceased’s inheritance in Romania represents the procedure through which the public notary or the court determines the assets which will be transferred to the heirs, following the death of a person. The debate on the deceased’s inheritance in Romania […]
On June 26th, 2024, the Romanian Emergency Ordinance No. 77/2024 on amending and supplementing Mining Law No. 85/2003 came into force, bringing major amendments to the mining industry in Romania. According to the ordinance, the rationale for its adoption was the socioeconomic impact of Russia’s actions against Ukraine on the European Union member states, including […]
Changes regarding excise duties in the Fiscal Code in Romania Recently, the Romanian Government adopted an emergency ordinance introducing significant changes to Law no. 227/2015 regarding the Fiscal Code in Romania. These amendments aim to clarify and update regulations concerning excise duties, directly impacting economic operators across various industries. Additionally, the changes include measures to […]
E-Transport lawyer in Romania. Legal updates regarding E-Transport System in Romania The E-Transport system in Romania has recently undergone a series of legislative changes aimed at improving efficiency and transparency in the transport sector. These changes reflect the continuous efforts of authorities to adapt the legal framework to the current market needs and to promote […]
Public procurement lawyer in Romania. Stages of the public procurement procedure in Romania The notion of public procurement in Romania encompasses the acquisition of works, goods, or services through public procurement contracts in Romania by contracting authorities in Romania from designated economic operators, regardless of whether the works, goods, or services are intended for public […]
General aspects of share transfer in Romania The transfer of shares in Romania is the method by which ownership of shares held by a shareholder in a limited liability company (LLC) is transferred to an individual or a company as a result of concluding a share transfer agreement in Romania. To carry out an assignment […]
