NNDKP assisted Mazarin Energy Romania SRL, a fully owned Romanian subsidiary of Mazarine Energy B.V in the acquisition of over 19 onshore oil fields and three workover rigs and associated crews from OMV Petrom SA, the largest oil and gas producer in SEE.
LEGISLATION
A draft Government Decision on the approval of the Methodology of the calculation system and approval procedure of the maximum prices of medicinal products for human use authorized for marketing in Romania was published on 12 October 2016 on the website of the Ministry of Health. The draft Government Decision is available here.
NNDKP continues to be ranked as Tier 1 in the 2017 edition of the IFLR 1000 Financial and Corporate guide, in all four practice areas researched in Romania:
A draft Government Decision on ensuring the transparency of the healthcare system was published on 7th of October 2016, on the website of the Ministry of Health. The Romanian version of the draft Government Decision is available here.
Representatives of the academic environment, professional organizations, practitioners and representatives of public institutions met during the second edition of the international conference “New Perspectives in Construction Law” organized by the Romanian Construction Law Association in partnership with the Bucharest Academy for Economic Studies.
The unblock of the online gambling industry in Romania, with the enactment of several legislative pieces which set the premises for effectively allowing online gambling to be legally offered in the jurisdiction, took operators and service providers interested in the market as well as their lawyers on a high speed roller coaster ride of relentless loops and twists which nonetheless reached the “full license” final destination safely.
Monday, the 3rd of October 2016, Alexandra Vacaru attended the third specialized conference of the project “Improving the enforcement of competition rules in Romania”, organized by Freedom House in partnership with the European Commission and the National Institute for Magistracy.
The Government Emergency Ordinance no. 59/2016 on the amendment of Article 890 of Law no. 95/2006 was published in the Romanian Official Gazette no. 768 of September 30, 2016 (attached hereto).
According to a press release, during the Government’s session from September 28th, 2016, an Emergency Government Ordinance was adopted for the modification of Article 890 of Law 95/2006 on the reform of the healthcare system (Law 95/2006), according to which the new methodology on the calculation system and approval procedure of the maximum prices of medicinal products for human use authorized for being placed on the Romanian market will be approved by Government Decision, pursuant to the proposal of the Ministry of Health.
