On November 18, 2016 the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania together with the Chamber of Commerce and Industry of Brasov organized the conference entitled “The new coordinates of commercial arbitration – Towards a modern procedure to serve companies’ interests”

NNDKP provided legal and fiscal assistance to Repower AG in the process of sale of its operations in Romania to MET Group, Switzerland. Through this transaction, MET Group took full control over Repower’s Romanian company, including its employees. MET Group was assisted by Kinstellar’s Bucharest office.

LEGISLATION

The Romanian Competition Council issued new guidelines for the setting of fines, which were published on November 3rd 2016. The guidelines also provide for the applicable procedure should a company acknowledge the infringement (similar with the settlement procedure at the level of the European Commission).

On November 3rd, 2016, Clarion Events organized the WrB Eastern Europe iGaming conference in Warsaw, Poland.

LEGISLATION

UPDATE (October 31) – The Decision has been published under no. 800/2016 in the Official Gazette no. 869/2016.

Organized by NNDKP’s Timisoara office together with Transfer Pricing Services SRL (TPS), the workshop series organized for current and potential clients focused again on the business environment in Arad (October 11), Timisoara (October 12) and Oradea (October 13).

Between 6th to 7th of October 2016, Alina Radu, Partner and Head of the Banking and Finance practice and Diana Ispas, Managing Associate and coordinator of the Capital Markets practice attended the “CEE Finance and Capital Markets Workshops” organized by Freshfields Brukhaus Deringer in Vienna.

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