Generated by All in One SEO v5.0.0.1, this is an llms.txt file, used by LLMs to index the site. # Nestor Nestor Diculescu Kingston Petersen | Attorneys & Counselors | Casa de Avocatura NNDKP ## Sitemaps - [XML Sitemap](https://www.nndkp.ro/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [NNDKP Environment Flash No. 8/2026](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-8-2026/) - 1. EU DEVELOPMENTS SELECTION 1.1. Simplification of the European Sustainability Reporting Standards and the introduction of a voluntary reporting standard On 3 July 2026, the European Commission adopted a Delegated Regulation revising the European Sustainability Reporting Standards (“ESRS”) and a Delegated Regulation supplementing Directive 2013/34/EU on the annual financial statements, by introducing a voluntary sustainability - [NNDKP advises Globant in connection with the merger between Globant IT Romania and Pentalog Romania](https://www.nndkp.ro/news/nndkp-advises-globant-in-connection-with-the-merger-between-globant-it-romania-and-pentalog-romania/) - Nestor Nestor Nestor Diculescu Kingston Petersen (NNDKP) acted as Romanian legal counsel to Globant, an IT and software development company present in 33 countries with more than 30,000 employees worldwide, throughout the entire merger process by which Globant IT Romania was absorbed by Pentalog Romania. The transaction was part of a global decision designed to - [NNDKP highly ranked in the IP Stars 2026 guide](https://www.nndkp.ro/news/nndkp-highly-ranked-in-the-ip-stars-2026-guide/) - NNDKP has earned high recognition in the recently released IP Stars rankings 2026, being once again recommended for trade mark prosecution, trade mark disputes and patents In Romania. In the new edition of the guide, our colleagues Sorina Olaru, Florina Firaru. Răzvan Savin and Răzvan Banța are also recognized for their exceptional expertise in the - [NNDKP shortlisted for the ITR Europe Tax Awards 2026](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-itr-europe-tax-awards-2026/) - NNDKP has been shortlisted for the ITR Europe Tax Awards 2026, in the Tax Firm of the Year in Romania award category. The nomination reflects the outstanding work of our tax advisors and lawyers, who handle everything from day-to-day tax advice to complex transactions and tax disputes. The 22nd edition of the awards aims to - [NNDKP advises Carrefour on the completion of the sale of all its operations in Romania to Pavăl Holding](https://www.nndkp.ro/news/nndkp-advises-carrefour-on-the-completion-of-the-sale-of-all-its-operations-in-romania-to-paval-holding/) - Nestor Nestor Nestor Diculescu Kingston Petersen (NNDKP) acted as Romanian legal counsel to Carrefour in connection with the successful completion of the sale of its Romanian operations to Pavăl Holding. NNDKP worked alongside the international law firm Bryan Cave Leighton Paisner LLP, the lead counsel and coordinator of the transaction for Carrefour. The NNDKP team, - [NNDKP Environment Flash No.7/2026](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-7-2026/) - 1. EU DEVELOPMENTS SELECTION 1.1. Council supports the proposal to strengthen the carbon border adjustment mechanism On 12 June 2026, the Council agreed on its position regarding the revision of the carbon border adjustment mechanism (“CBAM”). The proposed amendments aim, among others, to expand the scope of the CBAM to additional product categories, address loopholes - [Sorina Olaru and Daniela Gramaticescu attended the 2026 Lex Mundi Litigation, Aribtration, and Dispute Resolution European Meeting](https://www.nndkp.ro/events/sorina-olaru-and-daniela-gramaticescu-attended-the-2026-lex-mundi-litigation-aribtration-and-dispute-resolution-european-meeting/) - From June 25 to 26, our colleagues, Sorina Olaru and Daniela Gramaticescu, Partners in the Dispute Resolution practice, attended the 2026 Lex Mundi Litigation, Aribtration, and Dispute Resolution European Regional Practice Group Meeting, hosted by Wardynski & Partners, in Warsaw. Sorina and Daniela met with fellow colleagues from Lex Mundi member firms, participated in forward-thinking - [Gabriela Cacerea attended the 2026 edition of the Balkan Legal Forum](https://www.nndkp.ro/events/gabriela-cacerea-attended-the-2026-edition-of-the-balkan-legal-forum/) - Gabriela Cacerea, Partner, attended the 13th edition of the Balkan Legal Forum, a highly anticipated conference dedicated to the legal community worldwide which took place in Vienna, from June 25 to 26. The 2026 edition of the Forum covered insightful discussions about the future of the legal practice, exploring topics such as: The Rule of - [Oana Popescu-Mitricoaia attended the 2026 European Antitrust Practice Group Meeting](https://www.nndkp.ro/events/oana-popescu-mitricoaia-attended-the-2026-european-antitrust-practice-group-meeting/) - From June 18 to 19, Oana Popescu-Mitricoaia, Senior Associate in the Competition, State Aid , EU Law and FDI practices, was in Athens for the 2026 European Antitrust Practice Group Meeting, organized by Lex Mundi and Zepos & Yannopoulos law firm. The event agenda featured topics of interest including: AI and Algorithms under Investigation Energy - [Daniel Hadar – speaker at the CFO Conference Cluj-Napoca organized by Business Mark](https://www.nndkp.ro/events/daniel-hadar-speaker-at-the-cfo-conference-cluj-napoca-organized-by-business-mark/) - On 16 June, Daniel Hadar, Tax Director, NNDKP Cluj-Napoca, was a speaker at the CFO Conference Cluj-Napoca, an event organized by Business Mark at Courtyard Hotel by Marriott Downtown. Daniel joined leaders from the financial sector and tax practitioners to discuss topics of interest regarding tax audits, including the most important issues that companies need - [Gabriela Cacerea and Ruxandra Bologa, recognized as Thought Leaders in the 2026 Energy edition of Lexology Index](https://www.nndkp.ro/news/gabriela-cacerea-and-ruxandra-bologa-recognized-as-thought-leaders-in-the-2026-energy-edition-of-lexology-index/) - Gabriela Cacerea and Ruxandra Bologa, Partners, have been recognized once again as leaders in the energy field for Romania in the recently published Lexology Index 2026, Energy edition. Our colleagues are the only lawyers in Romania included in the Thought Leaders category, being recognized by the guide for their remarkable activity in the energy field, - [Valeriu Mina was a speaker at the European Bars Federation General Congress 2026](https://www.nndkp.ro/events/valeriu-mina-was-a-speaker-at-the-european-bars-federation-general-congress-2026/) - Between 11-13 June 2026, Valeriu Mina, Partner in the Dispute Resolution practice, was a speaker at the European Bars Federation General Congress 2026. The congress addressed one of the most important and sensitive challenges currently facing the legal profession: Professional Secrecy under Pressure: the upcoming new AML Regulation and KYC in the EU. Will lawyers - [Sorina Olaru and Florina Firaru, recognized in the WTR Global Leaders 2026 guide](https://www.nndkp.ro/news/sorina-olaru-and-florina-firaru-recognized-in-the-wtr-global-leaders-2026-guide/) - Sorina Olaru, Partner, and Florina Firaru, our head of IP, were included once again in the WTR Global Leaders guide by World Trademark Review. In the 2026 edition of the guide, our colleagues were recognized as Global Leaders for Romania in the Private Practice category, recognition that reflects their outstanding professional expertise and deep commitment - [NNDKP hosted the 4th edition of the Arbitration Networking Reception](https://www.nndkp.ro/events/nndkp-hosted-the-4th-edition-of-the-arbitration-networking-reception/) - On 5 June 2026, NNDKP hosted the 4th edition of the Arbitration Networking Reception, an annual tradition for the firm, held on the last day of the Bucharest Arbitration Days conference. At our headquarters in Bucharest, we spent a wonderful evening, catching up with peers and friends from the international arbitration community, exchanging ideas and - [Ruxandra Bologa, Sorina Olaru and Lavinia Rasmussen will attend the 2026 IBA Annual Conference in Copenhagen](https://www.nndkp.ro/events/ruxandra-bologa-sorina-olaru-and-lavinia-rasmussen-will-attend-the-2026-iba-annual-conference-in-copenhagen-2/) - NNDKP will be present at the 2026 IBA Annual Conference taking place between 4–9 October in Copenhagen, at the Bella Center. The NNDKP team that will attend this landmark includes: Ruxandra Bologa, Partner, Corporate/M&A and Energy and Natural Resources practices Sorina Olaru, Partner, Dispute Resolution practice Lavinia Rasmussen, Partner, Real Estate practice The IBA Annual - [NNDKP at the 7th edition of the Bucharest Arbitration Days conference](https://www.nndkp.ro/events/nndkp-at-the-7th-edition-of-the-bucharest-arbitration-days-conference/) - For the 7th year in a row, NNDKP supported the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania and Wolters Kluwer Romania in organizing the Bucharest Arbitration Days 2026 conference, an annual landmark event for the international arbitration community taking place in Bucharest. Under the Evidence in International - [Valeriu Mina attended the 2026 edition of London International Disputes Week](https://www.nndkp.ro/events/valeriu-mina-attended-the-2026-edition-of-london-international-disputes-week/) - Between 1-5 June 2026, Valeriu Mina, Partner in the Dispute Resolution practice, attended the 2026 edition of London International Disputes Week (LIDW), one of the largest global gatherings of the international disputes community. LIDW brings together the international dispute resolution community, whether based in London or around the world, to debate and explore key topics, - [Valentin Voinescu attended the 2026 Annual European Conference hosted by TMA Europe](https://www.nndkp.ro/events/valentin-voinescu-attended-the-2026-annual-european-conference-hosted-by-tma-europe/) - Between 3-4 June 2026, Valentin Voinescu, Partner and Co-head of the Banking and Finance practice, attended the 2026 Annual European Conference – From Crisis To Clarity: Turnaround in Action hosted by TMA Europe in Milan. Valentin joined turnaround and restructuring leaders from across Europe, North America and beyond for engaging discussions, insightful workshops, and case - [Eva Forika attended the Lex Mundi General Counsel Forum 2026 in Belgrade, Serbia](https://www.nndkp.ro/events/eva-forika-attended-the-lex-mundi-general-counsel-forum-2026-in-belgrade-serbiaruxandra-bologa-sorina-olaru-and-lavinia-rasmussen-will-attend-the-2026-iba-annual-conference-in-copenhagen-2/) - Eva Forika, Partner and Head of NNDKP Timisoara office, attended the Lex Mundi General Counsel Forum in Belgrade, Serbia, organized by Lex Mundi and JPM | Partners on 28-29 May 2026. The event brough together senior General Counsel to discuss investment trends, opportunities and market developments across the CEE region. Under the timely theme Building - [NNDKP Environment Flash No.6/2026](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-6-2026/) - 1. EU DEVELOPMENTS SELECTION 1.1. The European Commission published its report on the simplification of the revised Deforestation Regulation On 4 May 2026, the European Commission published its report on the simplification of the revised Deforestation Regulation 2023/1115 (“EUDR”) and a series of additional measures to support its implementation. The package of measures includes, among - [Adina Chilim-Dumitriu shortlisted for the IFLR Europe Awards 2026](https://www.nndkp.ro/news/adina-chilim-dumitriu-shortlisted-for-the-iflr-europe-awards-2026/) - Adina Chilim-Dumitriu, Executive Partner, has been shortlisted for the prestigious Romania Lawyer of the Year award at the IFLR Europe Awards 2026. The nomination reflects Adina’s outstanding leadership, expertise, and commitment to delivering exceptional results for our clients. IFLR awards focus on legal innovation through dealmaking and celebrating work that advances cross-border investment. This year, - [NNDKP Environment Flash No.10/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-10-2025/) - 1. EU DEVELOPMENTS SELECTION 1.1. Modernized rules for measuring instruments to facilitate the green transition On 8 October 2025, the Council endorsed its position on the revision of the directive on harmonised requirements for measuring instruments. The proposed changes cover modern devices essential for achieving the objectives of the Green Deal, such as charging stations - [Dialogues about Romania: Developments and Outlook – a joint NNDKP and Ziarul Financiar Initiative](https://www.nndkp.ro/events/dialogues-about-romania-developments-and-outlook-a-joint-nndkp-and-ziarul-financiar-initiative/) - NNDKP and Ziarul Financiar have launched the series of events "Dialogues about Romania: Developments and Outlook," dedicated to the main economic issues of the moment. The initiative brings to the fore topics that are essential for the business environment (private investment, economic growth, taxation, and legislative predictability) and creates a framework for dialogue between business - [NNDKP advised Raiffeisen Bank Romania on the financing granted to Monza Ares Group for the acquisition of Brain Institute and its integration into the Group’s structure](https://www.nndkp.ro/news/nndkp-advised-raiffeisen-bank-romania-on-the-financing-granted-to-monza-ares-group-for-the-acquisition-of-brain-institute-and-its-integration-into-the-groups-structure/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) advised Raiffeisen Bank Romania on the financing granted to Monza Ares Group (held by Highlander Partners), one of the largest private healthcare networks in Romania, for the acquisition of Brain Institute, the country's premier private neurosurgery center. NNDKP advised Raiffeisen Bank Romania on structuring and drafting the financing documentation, - [A new NNDKP Local Business Hub event in Timisoara](https://www.nndkp.ro/events/a-new-nndkp-local-business-hub-event-in-timisoara/) - On 27 May 2026, NNDKP organized a new event in Timișoara, part of the NNDKP Local Business Hub series of professional meetings, focused on Pay Transparency after June 7, 2026: Ensuring Compliance and Practical Challenges. Together with the guests, we explored the topic of equal pay through wage transparency, employers’ obligations, and how they can - [Ruxandra Bologa – moderator at the CEE General Counsel Summit 2026](https://www.nndkp.ro/events/ruxandra-bologa-moderator-at-the-cee-general-counsel-summit-2026/) - Ruxandra Bologa, Partner, moderated the panel The Skills Needed by the GC of Tomorrow on the first day of the CEE General Counsel Summit 2026, organized by CEE Legal Matters in Bucharest between 27-28 May. Bringing together the CEE region’s top in-house counsel and legal experts and covering everything from legal leadership, best practices, compliance - [NNDKP assisted PPC Group in the negotiation process to conclude new collective bargaining agreements](https://www.nndkp.ro/news/nndkp-assisted-ppc-group-in-the-negotiation-process-to-conclude-new-collective-bargaining-agreements/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted PPC Group, one of the largest investors in the Romanian energy sector, in the collective bargaining process conducted to conclude new collective bargaining agreements for the group’s largest entities, i.e., Rețele Electrice România, PPC Energie, PPC Renewables and PPC România. The process, which spanned several months, involved - [When the blueprint meets the bulldozer: architects’ copyright limits in Romania](https://www.nndkp.ro/articles/when-the-blueprint-meets-the-bulldozer-architects-copyright-limits-in-romania/) - Author: Razvan Banța A building is simultaneously a work of art, a piece of property, and a functional structure. You design a building. You pour your creative vision into every façade detail, every proportion, every material choice. The client pays you, the building goes up, and everyone moves on. Then, years later, the owner decides - [NNDKP advised the Saica Group on the acquisition of Thimm Group](https://www.nndkp.ro/news/nndkp-advised-the-saica-group-on-the-acquisition-of-thimm-group/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international legal team advising the Spanish Saica Group, one of the largest European players in the development and production of recycled paper and packaging, on the acquisition of the German Thimm Group, a leading provider of sustainable corrugated packaging and display solutions. Founded in 1943, - [NNDKP Event - Trends and Challenges in the Authorization Process for Investments in Real Estate and Food Retail](https://www.nndkp.ro/events/nndkp-event-trends-and-challenges-in-the-authorization-process-for-investments-in-real-estate-and-food-retail/) - On May 19, Nestor Nestor Diculescu Kingston Petersen (NNDKP) organized a new professional event together with representatives from the Romanian Competition Council, the Commission for the Evaluation of Foreign Direct Investment (CEISD), and the Romanian business community, an opportunity to share valuable insights and discuss current issues related to real estate and food retail transactions. - [Valentin Voinescu – speaker at an event organized by Financial Intelligence](https://www.nndkp.ro/events/valentin-voinescu-speaker-at-an-event-organized-by-financial-intelligence/) - On May 18, Valentin Voinescu, Partner and Co-head of the Banking and Finance practice, was a speaker at the debate Restructuring – The insolvency prevention measure, organized by Financial Intelligence at the JW Marriott Bucharest Grand Hotel. Topics that were covered during the event included: The effects of the amendments made to Law 85/2014 by - [Daniela Gramaticescu – speaker at the National Conference on Urban Law and Territorial Planning](https://www.nndkp.ro/events/daniela-gramaticescu-speaker-at-the-national-conference-on-urban-law-and-territorial-planning-2/) - On May 15, Daniela Gramaticescu, Partner in the Dispute Resolution practice, was a speaker at the 8th edition of the National Conference on Urban Law and Territorial Planning. Daniela joined the third discussion session and talked about key aspects regarding the invalidity of a building permit and how proportionality between legality and harm is ensured. - [Ioana Niculeasa – speaker at the 2026 edition of CEDER Conference](https://www.nndkp.ro/events/ioana-niculeasa-speaker-at-the-2026-edition-of-ceder-conference/) - On 14 May, Ioana Niculeasa, Partner and Head of NNDKP’s Real Estate practice, was a speaker at the CEDER Real Estate Conference & Exhibition 2026, one of the largest real estate events in Romania, organized by CIJ World. Ioana joined the discussions in the Industrial & Logistics Real Estate: Demand Infrastructure and the Next Phase - [Sorina Olaru and Florina Firaru joined the 2026 INTA Annual Meeting](https://www.nndkp.ro/events/sorina-olaru-and-florina-firaru-joined-the-2026-inta-annual-meeting/) - Sorina Olaru, Partner, and Florina Firaru, Head of NNDKP’s Intellectual Property practice, joined one of the most anticipated events for the IP community worldwide – the 2026 INTA Annual Meeting, which took place between 2-6 May 2026. The event gathered thousands of practitioners, in‑house counsel, policymakers, and service providers for focused learning, deal‑making, and global - [Roxana Abrasu attended the Ius Laboris Annual Congress](https://www.nndkp.ro/events/roxana-abrasu-attended-the-ius-laboris-annual-congress/) - Roxana Abrasu, Partner and Head of NNDKP’s Employment practice, attended the Annual Congress of Ius Laboris, the leading legal service provider in employment, immigration and pensions law, which took place between 30 April – 2 May in Lisbon, Portugal. Roxana had the opportunity to reconnect with peers and friends within the Ius Laboris global community, join - [NNDKP Labor Hub Event – Beyond the Law: Employment Relations in Practice](https://www.nndkp.ro/events/nndkp-labor-hub-event-beyond-the-law-employment-relations-in-practice/) - On 28 April, NNDKP organized a new event under the NNDKP Labor Hub umbrella, focused on employment relations in practice and relevant aspects that companies should take into consideration. In a relaxed atmosphere, Roxana Abrasu (Partner and Head of the Employment practice) and Emil Bivolaru (Executive Partner) met with professionals in the HR field from - [NNDKP Environment Flash No.5/2026](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-5-2026/) - 1. EU DEVELOPMENTS SELECTION 1.1. Proposal to amend the Market Stability Reserve under the EU ETS On 1 April 2026, the European Commission adopted a proposal to amend the Market Stability Reserve (MSR) under the EU Emissions Trading System (EU ETS) with a view to strengthening the stability and predictability of the carbon market. The - [Hardship clauses in international commercial contracts – balancing contractual certainty and economic reality](https://www.nndkp.ro/articles/hardship-clauses-in-international-commercial-contracts-balancing-contractual-certainty-and-economic-reality/) - Authors: Razvan Vlad, Vlad Anghel International commercial contracts operate within a context characterized by economic volatility, regulatory diversity, and structural uncertainty. Long-term agreements, in particular, expose parties to risks that cannot be fully anticipated at the time of contracting. Market shifts, regulatory changes or geopolitical events may significantly affect the assumptions underlying contractual obligations. While - [Adina Chilim-Dumitriu attended the WSG European Regional Meeting 2026](https://www.nndkp.ro/events/adina-chilim-dumitriu-attended-the-wsg-european-regional-meeting-2026/) - On 15-17 April, Adina Chilim-Dumitriu, Executive Partner, attended the WSG European Regional Meeting 2026, hosted by World Services Group and Krogerus law firm in Helsinki, Finland. The event featured expert guest speakers, panels and interactive discussions on industry and globally trending topics, offering at the same time great opportunities to network with colleagues in the - [NNDKP Environment Flash No.4/2026](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-4-2026/) - 1. EU DEVELOPMENTS SELECTION 1.1. The Council sets out its position on amending the CRMA On 4 March 2026, the Council adopted its position on amending the Regulation 2024/1252 establishing a framework for ensuring a secure and sustainable supply of critical raw materials (“CRMA”). The amendments aim, among others, to transfer the responsibility for identifying large enterprises - [Distinctiveness of Slogans: Strategic Insights and Implications for Trademark Filing](https://www.nndkp.ro/articles/distinctiveness-of-slogans-strategic-insights-and-implications-for-trademark-filing/) - Author: Florina Firaru Slogans are powerful: they are memorable, emotional, and capable of shaping consumer perception. However, trademark protection for slogans has always been more challenging, especially when filed as mere taglines, with no additional outstanding graphical representations or stylizations. Often seen as mere promotional or laudatory messages rather than indicators of commercial origin they - [Sorina Olaru attended Paris Arbitration Week 2026](https://www.nndkp.ro/events/sorina-olaru-attended-paris-arbitration-week-2026/) - Our colleague, Sorina Olaru, Partner in the Dispute Resolution practice, attended the 10th edition of Paris Arbitration Week, the key industry event for the global arbitration community that took place between 23-27 March in Paris. The anniversary edition of event celebrated ten years of connecting practitioners, academics, and institutions from across the globe, confirming PAW’s - [NNDKP – shortlisted for the Life Sciences EMEA Awards 2026](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-life-sciences-emea-awards-2026/) - NNDKP has been shortlisted for the Life Sciences EMEA Awards 2026, in the Romania Firm of the Year awards category. The Life Sciences EMEA Awards recognize the region’s most distinguished practitioners and their firms for their exemplary work in the Life Sciences sector over the past twelve months. The awards ceremony will take place on - [NNDKP earns top rankings in the 2026 edition of The Legal 500 EMEA guide](https://www.nndkp.ro/news/nndkp-earns-top-rankings-in-the-2026-edition-of-the-legal-500-emea-guide/) - Legal 500 has launched the 2026 edition of the Legal 500 EMEA rankings. The results of the research reconfirm NNDKP’s strong standing at the forefront of the legal market in Romania. The firm was ranked in 13 major areas of practice researched in Romania, earning 11 Tier 1 rankings, with other 2 areas of practice - [Lucian Barbu – speaker at the National Conference on Tax Law](https://www.nndkp.ro/events/lucian-barbu-speaker-at-the-national-conference-on-tax-law/) - On 19 March, Lucian Barbu, Tax Partner, NNDKP Tax Advisory Services, was a speaker at the National Conference on Tax Law. Current Challenges in Tax Law Practice: Between the Letter of the Law and Economic Reality, organized by Wolters Kluwer Romania and the Faculty of Law within the Titu Maiorescu University. During the event, Lucian talked - [NNDKP achieves top rankings in the Chambers Europe 2026 edition](https://www.nndkp.ro/news/nndkp-achieves-top-rankings-in-the-chambers-europe-2026-edition/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has once again been recognized as one of the leading law firms in Romania, securing top-tier positions in the legal rankings recently released by Chambers Europe. NNDKP was ranked in 10 major areas of expertise researched in Romania, namely Banking & Finance, Competition/Antitrust, Corporate/M&A, Dispute Resolution, Employment, Intellectual Property - [Sorina Olaru – speaker at the ICC Arbitration Breakfast in Romania](https://www.nndkp.ro/events/sorina-olaru-speaker-at-the-icc-arbitration-breakfast-in-romania/) - On 18 March, Sorina Olaru, Partner in the Dispute Resolution practice, was a speaker at the ICC Arbitration Breakfast in Romania, organized by the International Chamber of Commerce (ICC) Dispute Resolution Services at the Marmorosch Bucharest. Sorina joined the first panel of the event that addressed key issues surrounding the constitution of arbitral tribunals and - [Lavinia Rasmussen attended MIPIM 2026 in Cannes](https://www.nndkp.ro/events/lavinia-rasmussen-attended-mipim-2026-in-cannes/) - Between 9-13 March, our colleague, Lavinia Rasmussen, Partner in the Real Estate practice joined the 2026 edition of MIPIM, the world`s leading real estate event that facilitates investment strategies, partnerships opportunities and urban development. The event took place at Le Palais des Festivals in Cannes. Lavinia joined top developers, public officials, investors, developers, and industry - [NNDKP Environment Flash No.3/2026](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-3-2026/) - 1. EU DEVELOPMENTS SELECTION 1.1. European Commission adopts methodologies for certifying permanent CO₂ removal On 3 February 2026, the European Commission adopted the first set of methodologies under the Carbon Removal and Carbon Farming Regulation (CRCF), establishing the certification framework for activities that ensure the permanent removal of CO₂ from the atmosphere. The new methodologies - [Flavia Danciulescu – speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/flavia-danciulescu-speaker-at-an-online-debate-organized-by-juridice-ro/) - On March 9, our colleague, Flavia Danciulescu, Senior Associate in the Employment practice, was a speaker at the online debate “Burnout in labor law and the need for a legal framework”, organized by Juridice.ro. More details about the event and speakers are available here. - [NNDKP promotes 16 lawyers and one tax consultant in the latest round of promotions](https://www.nndkp.ro/news/nndkp-promotes-16-lawyers-and-one-tax-consultant-in-the-latest-round-of-promotions/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) promotes 16 lawyers and one tax consultant in 2026, bolstering eight key practice areas within the firm. 7 lawyers are promoted to senior managing associate positions, 7 other lawyers are promoted to managing associate roles, 2 lawyers are named senior associates, and one tax consultant is named Tax Director. - [Investing in Romania – legal & tax highlights, 2026](https://www.nndkp.ro/articles/investing-in-romania-legal-tax-highlights-2026/) - With key offerings including a significant market (the second largest in CEE), EU-shaped legislation, NATO membership, and a well-educated and tech-savvy work force in a hospitable, resource-rich and geographically privileged location at the crossroads between Europe and Asia, Romania is a growing economy that offers a robust and resilient environment for investments. To give investors - [Is an Employment Agreement Desirable in the Case of an SRL Director?](https://www.nndkp.ro/articles/is-an-employment-agreement-desirable-in-the-case-of-an-srl-director/) - Authors: Razvan Vlad, Vlad Anghel In practice, we frequently encounter situations where the director of a limited liability company (SRL) has concluded, alongside the corporate mandate, an individual employment agreement with the same company. Although Law No. 31/1990 does not expressly prohibit such cumulation in the case of limited liability companies, this situation raises issues - [NNDKP Environment Flash No.9/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-9-2025/) - 1. EU DEVELOPMENTS SELECTION 1.1. New EU regulations addressing textile and food waste On 9 September 2025, the European Parliament adopted new measures for the prevention and reduction of food and textile waste within the EU. In this context, Member States are required to achieve new binding targets for the reduction of food waste by - [NNDKP Environment Flash No.2/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-2-2025/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. The Packaging and Packaging Waste Regulation entered into force Regulation 2025/40 on packaging and packaging waste entered into force on 11 February 2025, after being published in the Official Journal of the European Union on 22 January 2025. More information on the new Regulation can be found in NNDKP`s - [Sorina Olaru – speaker at the 3rd edition of the International Arbitration Conference](https://www.nndkp.ro/events/sorina-olaru-speaker-at-the-3rd-edition-of-the-international-arbitration-conference/) - On February 26, Sorina Olaru, Partner in the Dispute Resolution practice was a speaker at the 3rd edition of the International Arbitration Conference – Smart Solution for Dispute Resolution between Professionals, organized by the Chisinau International Court of Commercial Arbitration and the American Chamber of Commerce in Moldova. Sorina spoke in the second panel of - [Iurie Cojocaru attended the IAPP UK Intensive 2026 Conference](https://www.nndkp.ro/events/iurie-cojocaru-attended-the-iapp-uk-intensive-2026-conference/) - Between 23-26 February, Iurie Cojocaru, Partner and Head of the Data Protection practice attended the IAPP UK Intensive 2026, a premier gathering for professionals in the fields of privacy, artificial intelligence governance and digital responsibility. This year’s intensive showcased a broad spectrum of voices and perspectives and explored legislations, regulations, technology and operational practices. More - [NNDKP Corporate Legal News – December 2025](https://www.nndkp.ro/legal-tax-updates/nndkp-corporate-legal-news-december-2025/) - Amendments to the Companies Law On December 15th, 2025, the Companies Law was amended by Law No. 239/2025, published in the Official Gazette No. 1160/15.12.2025. The amendments aim to strengthen fiscal discipline and increase the accountability of commercial companies, in order to limit decapitalization practices and enhance the state’s ability to recover budgetary claims. The - [Oana Stefan – speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/oana-stefan-speaker-at-an-online-debate-organized-by-juridice-ro/) - On February 9, our colleague, Oana Stefan, Associate in the Data Protection practice, was a speaker at the online debate “Online platforms, all eyes and ears. At GDPR”, organized by Juridice.ro. The debate was live on Juridice.ro. More details about the event and speakers are available here. - [Ending the Year in Fashion: EU Noteworthy Fashion Trademark Cases and Trends](https://www.nndkp.ro/articles/ending-the-year-in-fashion-eu-noteworthy-fashion-trademark-cases-and-trends/) - Author: Florina Firaru The fashion world is shaped not only by styles, fabrics, and runways, but increasingly by battles over brand identity, disputes of authorship, and the evolving framework of intellectual property (IP) law. As 2025 draws to a close, several significant rulings of the General Court of the European Union (“GC”) highlight how reputation - [The possibility of choosing the governing law in a contract in the absence of any element of foreignness](https://www.nndkp.ro/articles/the-possibility-of-choosing-the-governing-law-in-a-contract-in-the-absence-of-any-element-of-foreignness/) - Authors: Razvan Vlad, Daria Anghel The autonomy of will is recognized as a fundamental principle of Romanian civil law, allowing the parties to freely determine the content of their contracts, within the limits imposed by law, public order and good morals. In private international law, this autonomy acquires a specific dimension, manifested in the parties’ - [European Union geographical indications for craft and industrial products: Unlocking protection for regional identity and local know-how](https://www.nndkp.ro/articles/european-union-geographical-indications-for-craft-and-industrial-products-unlocking-protection-for-regional-identity-and-local-know-how/) - Author: Florina Firaru From December 1, 2025, craft and industrial (“CI”) products will fully benefit from EU-wide geographical indications (“GI”/“GIs”) protection under Regulation (EU) 2023/2411[1] (the “Regulation”). GI and the protection extended to CI products GIs confer intellectual property rights on product names whose unique qualities are intrinsically linked to their place of production. While GIs - [NNDKP Environment Flash No.2/2026](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-2-2026/) - 1. EU DEVELOPMENTS SELECTION 1.1. The entry into force of the OSOA legislative package On 1 January 2026, the legislative package “one substance, one assessment” (“OSOA”), consisting of Regulation 2025/2455, Regulation 2025/2457 and Directive 2025/2456, entered into force. More information on the OSOA legislative package can be found in NNDKP`s Environment Flash No. 6/2025, available here, NNDKP`s Environment Flash - [NNDKP Environment Flash No.1/2026](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-1-2026/) - 1. EU DEVELOPMENTS SELECTION 1.1. Key initiatives to promote carbon removal and carbon farming On 1 December 2025, the European Commission announced the adoption of measures and initiatives aimed at preparing the implementation of the voluntary EU-wide certification framework for carbon removal and carbon farming. The key initiatives focus on establishing a buyers’ club for - [NNDKP Tax Flash No.4/2025 – Law no. 239 has been published, introducing several amendments in the tax and budgetary field](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-4-2025-law-no-239-has-been-published-introducing-several-amendments-in-the-tax-and-budgetary-field/) - Amendments to the Tax Procedure Code New criteria are introduced regarding the use of modern means of payment, early warning, and elements from the fiscal record based on which the risk class/subclass can be determined. Taxpayers that are legal entities may be declared inactive if: they do not have a payment account in Romania or - [NNDKP Environment Flash No.11/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-11-2025/) - 1. EU DEVELOPMENTS SELECTION 1.1. The EU intensified its efforts to achieve the 2030 climate targets On 6 November 2025, the European Commission published its climate progress report, which shows that greenhouse gas emissions fell by 2,5% in 2024 compared to the previous year, keeping the EU on track to meet its target of a - [NNDKP Tax Flash No.3/2025 – ANAF intensifies control actions on large taxpayers](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-3-2025-anaf-intensifies-control-actions-on-large-taxpayers-2/) - The National Agency for Fiscal Administration (ANAF) publicly announces the start, in the immediate future, of a series of tax audits that will target over 500 large taxpayers from various fields of activity, as part of the strategy to increase revenues to the state budget. Aspects to be considered Large taxpayers must prepare for these - [Iurie Cojocaru – speaker at the GDPR Data Privacy Observer 2026 conference](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-the-gdpr-data-privacy-observer-2026-conference/) - On January 22, Iurie Cojocaru, Partner and Head of the Data Protection practice, was a speaker at the 5th edition of the GDPR Data Privacy Observer 2026 conference. Iurie joined the discussions in the first panel of the event and talked about the impact of the Omnibus package on data protection. Also, during the fifth - [Mihai Fifoiu attended ICE Barcelona 2026](https://www.nndkp.ro/events/mihai-fifoiu-attended-ice-barcelona-2026/) - Our colleague, Mihai Fifoiu, Managing Associate, attended ICE Barcelona 2026, a flagship event for the gaming industry which took place between 19-21 January at the Fira Barcelona Gran Via. The event brings together over 65,000 visitors across three days, 600+ global exhibitors and more than 200 speakers and will explore cutting-edge innovations, latest products and - [Razvan Savin – speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/on-january-12-2026-razvan-savin-senior-managing-associate-in-the-dispute-resolution-practice-was-a-speaker-at-the-online-debate-protecting-employees-in-insolvency-benefits-and-consequences-organ/) - On January 12, 2026, Razvan Savin, Senior Managing Associate in the Dispute Resolution practice, was a speaker at the online debate Protecting employees in insolvency: benefits and consequences, organized by Juridice.ro. The debate was live on Juridice.ro. More details about the event and speakers are available here. - [NNDKP hosted a series of events in Timisoara dedicated to the local business community](https://www.nndkp.ro/events/nndkp-hosted-a-series-of-events-in-timisoara-dedicated-to-the-local-business-community/) - On November 27 and December 11, 2025, NNDKP organized the NNDKP Local Business Hub series of events in Timișoara, dedicated to the local business community. Our colleagues Eva Forika, Partner and Head of our office in Timișoara, Delia Baroianu, Managing Associate, and Sorin Mociofan, Tax Director, discussed with the participants about the main legal and - [Florina Firaru – speaker at the IP Marathon 2025 event](https://www.nndkp.ro/events/florina-firaru-speaker-at-the-ip-marathon-2025-event/) - Our colleague, Florina Firaru, Head of NNDKP`s Intellectual Property practice, was a speaker at the IP Marathon 2025 event, organized on November 25 by the National Chamber of Industrial Property Advisors in Romania (CNCPIR) at the Novotel Bucharest City Centre. Florina had the pleasure of joining the discussions during the session titled The path of - [Razvan Banta – speaker at the 4th Annual YRAP–VIAC–YAAP conference](https://www.nndkp.ro/events/razvan-banta-speaker-at-the-4th-annual-yrap-viac-yaap-conference/) - On November 24, Razvan Banta, Senior Associate in the Dispute Resolution practice, and YRAP Board member for the 2025-2027 period, will be one of the speakers of the 4th Annual Conference organized by the Vienna International Arbitral Centre of the Austrian Federal Economic Chamber (VIAC), YRAP – Young Romanian Arbitration Practitioners, and YAAP – Young Austrian Arbitration Practitioners, at the Marmorosch - [Lavinia Rasmussen – speaker at the Romanian Real Estate Investment Forum](https://www.nndkp.ro/events/lavinia-rasmussen-speaker-at-the-romanian-real-estate-investment-forum/) - On November 13, Lavinia Rasmussen, Partner in the Real Estate practice, was a speaker at the Romanian Real Estate Investment Forum, taking place at The Marmorosch Hotel, in Bucharest. Lavinia joined the panel Gateway to Reconstruction: Romania`s Growing Role in Eastern European Logistics that explored Romania’s competitive advantages, the readiness of its logistics and real estate sector and the path forward through - [Alexandru Aparaschivei and Lucian Barbu – speakers at the Tax & Finance Forum 2025](https://www.nndkp.ro/events/alexandru-aparaschivei-and-lucian-barbu-speakers-at-the-tax-finance-forum-2025/) - On November 17 and 18, our colleagues Alexandru Aparaschivei, Partner, and Lucian Barbu, Partner, NNDKP Tax Advisory Services, were speakers at the 2025 edition of the Tax & Finance Forum, a landmark event organized by Business Mark for tax professionals from both the private and public sectors. Our colleagues joined the discussions during the event and focused on topics - [NNDKP, winner of the Legal Benchmarking Group Future Lawyers Programme of the Year award](https://www.nndkp.ro/news/nndkp-winner-of-the-legal-benchmarking-group-future-lawyers-programme-of-the-year-award/) - NNDKP has won the Future Lawyers Programme of the Year award at the 2025 Legal Benchmarking Group Social Impact Awards, for its programmes dedicated to future generations of legal professionals. The award reaffirms NNDKP’s commitment to supporting young legal professionals, through educational initiatives adapted to their needs that combine theoretical knowledge with hands-on learning experiences, - [NNDKP advised Gránit Asset Management on the acquisition of Equilibrium 2 office building](https://www.nndkp.ro/news/nndkp-advised-granit-asset-management-on-the-acquisition-of-equilibrium-2-office-building-2/) - NNDKP assisted Magyar Posta Takarék Real Estate Investment Fund (MPTIA), a public fund managed by Gránit Asset Management, with the acquisition of Equilibrium 2 office building in Bucharest from Skanska. With this latest acquisition, Gránit Asset Management now owns the Equilibrium office complex in its entirety, following the successful acquisition of the Equilibrium 1 building - [NNDKP, recognized as a top firm in the WTR 1000 guide, 2026 edition](https://www.nndkp.ro/news/nndkp-recognized-as-a-top-firm-in-the-wtr-1000-guide-2026-edition/) - NNDKP has been recognized as a top firm in the 2026 edition of WTR 1000 – the World’s Leading Trademark Professionals, in both areas researched by the guide: enforcement & litigation (Silver rank); and prosecution & strategy (Gold rank). Our colleagues, Sorina Olaru, Partner in NNDKP`s Dispute Resolution practice, Florina Firaru, Head of the Intellectual - [NNDKP assisted Holcim Romania in the acquisition of Uranus Pluton SRL](https://www.nndkp.ro/news/nndkp-assisted-holcim-romania-in-the-acquisition-of-uranus-pluton-srl/) - NNDKP advised Holcim Romania on the acquisition of Uranus Pluton SRL, a granite quarry operator active since 2004 in Tulcea county. NNDKP assisted Holcim Romania at every stage of the transaction, from conducting due diligence on the target and its mining operations to advising on the negotiation of the share sale and purchase agreement, as - [NNDKP secures a significant decision for transfer pricing litigation in Western Romania](https://www.nndkp.ro/news/nndkp-secures-a-significant-decision-for-transfer-pricing-litigation-in-western-romania/) - The High Court of Cassation and Justice has recently upheld a decision of the Timisoara Court of Appeal, with significant relevance for transfer pricing disputes based on the re-qualification of the functional profile of a company within a multinational group from independent producer to producer under the full control of the group. It has been - [2025 – you were amazing! 2026 – we are ready for the new opportunities that lie ahead!](https://www.nndkp.ro/news/2025-you-were-amazing-2026-we-are-ready-for-the-new-opportunities-that-lie-ahead/) - 2025 was an amazing year for NNDKP, as we celebrated important achievements and added new chapters to our story. As we wrap up an incredible year, we are taking a moment to celebrate the progress we have made. Explore the highlights of our journey below. We celebrated our 35th anniversary With a legacy spanning 35 - [NNDKP advised a syndicate of banks on approximately EUR 500 million financing to Carmistin The Food Company](https://www.nndkp.ro/news/nndkp-advised-a-syndicate-of-banks-on-approximately-eur-500-million-financing-to-carmistin-the-food-company/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted the syndicate of banks that provided approximately EUR 500 million in financing to Carmistin The Food Company, the new national leader in poultry meat and feed production. The syndicate of banks included Banca Comercială Română S.A. (as Global Coordinator, Bookrunner, Documentation Agent, Facility Agent and Security Agent), ING - [NNDKP part of the international legal team advising Metinvest on the acquisition of ArcelorMittal Iași](https://www.nndkp.ro/news/nndkp-part-of-the-international-legal-team-advising-metinvest-on-the-acquisition-of-arcelormittal-iasi/) - Baker McKenzie Ukraine (global counsel) and Nestor Nestor Diculescu Kingston Petersen (NNDKP) (local counsel) have provided comprehensive legal assistance to Metinvest, an international, vertically integrated mining and metals company, in connection with the acquisition of the majority shareholding in ArcelorMittal Iași. This complex transaction required coordinated efforts across multiple jurisdictions and legal disciplines, underscoring the - [Sorina Olaru, recognized as top professional in arbitration by Lexology](https://www.nndkp.ro/news/sorina-olaru-recognized-as-top-professional-in-arbitration-by-lexology/) - Sorina Olaru, Partner in the Dispute Resolution practice, has been recognized as top professional in Arbitration for Romania by Lexology, alongside experts in the field from over 150 jurisdictions worldwide. Lexology Index identifies and recognizes leading lawyers in the international legal market, selected for their outstanding achievements in various practice areas, based on in-depth research - [Adina Chilim-Dumitriu, recognized as leading practitioner in 2025 by Lexology](https://www.nndkp.ro/news/adina-chilim-dumitriu-recognized-as-leading-practitioner-in-2025-by-lexology/) - Executive Partner Adina Chilim-Dumitriu has been recognized as leading practitioner for Romania in the Lexology Index: Telecoms, Media & Entertainment report, being Highly Recommended for the Telecoms & Media category. She is also included in the Client Choice 2026 report by Lexology, for the Telecoms, Media & Entertainment category, a result which reflects the commitment - [NNDKP, recognized in the Benchmark Litigation Europe rankings, 2025 edition](https://www.nndkp.ro/news/nndkp-recognized-in-the-benchmark-litigation-europe-rankings-2025-edition/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has been included in the recently launched Benchmark Litigation Europe guide, being recognized as a Tier 1 firm in the Dispute Resolution practice area. In the 2025 edition of the rankings, Senior Partner Ana Diculescu-Șova, Executive Partner Emil Bivolaru, and Partners Sorina Olaru, Marius Ezer, Daniela Gramaticescu and Valeriu - [NNDKP included in the GCR 100 guide for the second year in a row](https://www.nndkp.ro/news/nndkp-included-in-the-gcr-100-guide-for-the-second-year-in-a-row/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has been included for the second year in a row in the GCR 100 guide by Global Competition Review, alongside the best law firms and their competition practices from 61 jurisdictions worldwide. NNDKP has been recognized once again in the Elite category of the rankings for Romania. The GCR - [NNDKP achieves high rankings in the IFLR1000 2025 edition](https://www.nndkp.ro/news/nndkp-achieves-high-rankings-in-the-iflr1000-2025-edition/) - IFLR1000 has released its rankings for the 2025 edition and NNDKP has earned high recognition in 4 areas of practice researched in Romania by the guide: Project Development, Banking and Finance, M&A and Capital Markets: Equity. Individually, the directory also ranks 16 NNDKP lawyers: 1 Partner is ranked in the “Expert Consultant” category: Manuela Nestor - [NNDKP receives award for Competition Team of the Year for the Automotive Industry at the 2025 Pria Competition Gala](https://www.nndkp.ro/news/nndkp-receives-award-for-competition-team-of-the-year-for-the-automotive-industry-at-the-2025-pria-competition-gala/) - NNDKP’s Competition, State Aid, EU Law and FDI practice, led by Partner Anca Diaconu, was named Competition Team of the Year for the Automotive Industry at the 2025 Pria Competition Gala. The annual gala was organized by Pria Events and took place on October 29th at Casa Eliad, in Bucharest. Our colleagues, Oana Popescu-Mitricoaia and - [Sorina Olaru and Florina Firaru recognized as global leaders in the IAM Global Leaders list for 2026](https://www.nndkp.ro/news/sorina-olaru-and-florina-firaru-recognized-as-global-leaders-in-the-iam-global-leaders-list-for-2026/) - Sorina Olaru, Partner, and Florina Firaru, Managing Associate, have been recognized as global leaders in the IAM Global Leaders list for 2026, alongside world`s top private practice experts in the patent field. To qualify for inclusion in the IAM Global Leaders, individuals must be ranked in the gold tier of the IAM Patent 1000, the - [NNDKP, shortlisted for the Managing IP EMEA Awards 2026 by Managing IP](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-managing-ip-emea-awards-2026-by-managing-ip/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has been shortlisted for the Managing IP EMEA Awards 2026 by Managing IP, in all award categories for Romania, namely: Copyright & Design Patent Trademark Practitioner of the Year – Florina Firaru, Head of NNDKP’s Intellectual Property practice Rising Star of the Year – Razvan Banta, Senior Associate Now - [NNDKP, shortlisted once again for the Romania Law Firm of the Year award by Chambers Europe](https://www.nndkp.ro/news/nndkp-shortlisted-once-again-for-the-romania-law-firm-of-the-year-award-by-chambers-europe-2/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has once again earned a spot on the shortlist for the prestigious Romania Law Firm of the Year award, presented by Chambers Europe. The awards by Chambers and Partners honor Europe’s top law firms and lawyers across diverse practice areas and their achievements over the past 12 months. Nominations - [NNDKP organizes a webinar on data protection](https://www.nndkp.ro/events/nndkp-organizes-a-webinar-on-data-protection/) - On November 25, NNDKP will organize a new webinar on data protection matters, with the topic – Trends in national case law on data protection. During the webinar, NNDKP lawyers Iurie Cojocaru, Partner and Head of the Data Protection practice, and Oana Stefan, Associate in the same practice, will discuss the Romanian courts’ perspective on: the implementation of technical and organizational security - [Right to Effective Remedy in The Area of European Funds. Case CJEU C-510/24, PROFIL-COPY 2002](https://www.nndkp.ro/articles/right-to-effective-remedy-in-the-area-of-european-funds-case-cjeu-c-510-24-profil-copy-2002/) - Author: Elena Triscariu On October 16, 2025, the Court of Justice of the European Union (CJEU) issued an important ruling on the right of beneficiaries of European funds to an effective remedy against decisions of national authorities ordering the recovery of subsidies granted under Regulation (EU) 2021/1060 of the European Parliament and of the Council - [NNDKP secures a decision significant for disputes involving intra-group administrative support services](https://www.nndkp.ro/news/nndkp-secures-a-decision-significant-for-disputes-involving-intra-group-administrative-support-services/) - The High Court of Cassation and Justice of Romania has recently rendered a particularly relevant decision, significant for disputes involving administrative support services provided within a multinational group operating in the energy sector. NNDKP was involved in all phases of the litigation, providing integrated legal and tax services through a mixed team that combined experience, - [Navigating new frontiers: the challenges and opportunities of trademark mortgages in Romania](https://www.nndkp.ro/articles/navigating-new-frontiers-the-challenges-and-opportunities-of-trademark-mortgages-in-romania/) - Author: Răzvan Banța Introduction Romania’s journey toward treating trademarks as bankable assets began not with the adoption of the New Civil Code in 2011, but more than a decade earlier. The turning point came in 1999 with Law no. 99/1999 on certain measures for speeding up economic reform. Title VI of that law, which introduced - [Iurie Cojocaru – speaker at the RITE Conference 2025](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-the-rite-conference-2025/) - On October 28, Iurie Cojocaru, Partner and Head of the Data Protection practice, will speak at the RITE Conference 2025, organized by ANISP in cooperation with INTERNET SOCIETY. The conference will bring together experts and top voices in the internet technologies field and will focus on the evolution of internet shaped by decentralization, enhanced security - [NNDKP, recognized once again in the ITR World Tax rankings, 2026 edition](https://www.nndkp.ro/news/nndkp-recognized-once-again-in-the-itr-world-tax-rankings-2026-edition/) - NNDKP has been included in the International Tax Review (ITR) World Tax 2026 rankings, in the following areas researched by the guide - General corporate tax, Tax controversy and Transfer pricing. Our colleagues, Alina Timofti, Marius Ionescu, Lucian Barbu, Silviu Badescu and Alexandru Aparaschivei have been singled out as top professionals by ITR in this - [NNDKP – shortlisted for the LMG Life Sciences Awards 2025 by LMG Life Sciences](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-lmg-life-sciences-awards-2025-by-lmg-life-sciences/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has been shortlisted for the LMG Life Sciences Awards 2025, in the South East Europe Firm of the Year awards category. The LMG Life Sciences EMEA Awards recognize the region’s most distinguished practitioners and their firms for their exemplary work in the Life Sciences sector over the past twelve - [NNDKP, shortlisted for the Legal 500 Central and Eastern Europe Awards 2025](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-legal-500-central-and-eastern-europe-awards-2025/) - NNDKP has been shortlisted for the first edition of the Legal 500 Central and Eastern Europe Awards 2025, by the Legal 500. Our firm is nominated for the following award categories: Energy: Energy Firm of the Year Energy Lawyer of the Year – Ruxandra Bologa Romania: Romania Lawyer of the Year – Ruxandra Bologa The - [NNDKP shortlisted for the Benchmark Litigation Europe Awards 2025](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-benchmark-litigation-europe-awards-2025/) - NNDKP has been shortlisted for the Benchmark Litigation Europe Awards 2025, being nominated in the following award categories: Romania Firm of the Year Central & Eastern Europe Litigator of the Year – Emil Bivolaru Romania Litigator of the Year - Emil Bivolaru Romania Litigator of the Year - Sorina Olaru The awards recognize the most - [NNDKP shortlisted once again for the ITR EMEA Tax Awards](https://www.nndkp.ro/news/nndkp-shortlisted-once-again-for-the-itr-emea-tax-awards-in-the-tax-disputes-firm-of-the-year-category/) - NNDKP has been shortlisted for the ITR EMEA Tax Awards 2025, in the Romania Tax Disputes Firm of the Year award category. The nomination comes in recognition of the exceptional work performed by our tax advisors and lawyers, and of their extensive experience in offering a wide range of tax advisory services, including in tax - [Sorina Olaru and Florina Firaru, recognized in the IP Stars guide, 2025 edition](https://www.nndkp.ro/news/sorina-olaru-and-florina-firaru-recognized-in-the-ip-stars-guide-2025-edition/) - Our colleagues, Sorina Olaru, Partner, and Florina Firaru, Head of the Intellectual Property practice, have been recognized in the 2025 edition of the IP STARS guide as leading professionals in their field. This new achievement reflects their exceptional expertise and commitment to providing excellent services to each and every client. The IP STARS guide covers - [Ruxandra Bologa – speaker at the Energy Transition Investment Conference 2025](https://www.nndkp.ro/events/ruxandra-bologa-speaker-at-the-energy-transition-investment-conference-2025/) - Ruxandra Bologa, Partner and Co-Head of NNDKP’s Energy and Natural Resources practice, was a speaker at the Energy Transition Investment Conference 2025, organized between 16-17 October, in London, by Energy Law Group (ELG) and Slaughter and May. On the second day of the conference, Ruxandra joined the discussions focused on scaling renewables, sharing insights and - [Anca Diaconu – speaker at the National Conference on Competition Law, 3rd edition](https://www.nndkp.ro/events/anca-diaconu-speaker-at-the-national-conference-on-competition-law-3rd-edition/) - On October 23, Anca Diaconu, Partner and Head of Competition, State Aid, EU Law, and FDI practices, will be a speaker at the 3rd edition of the National Conference on Competition Law, organized by the Universul Juridic Group, the Romanian Competition Council, and the Romanian Competition Law Association – ARCON. Starting 1 p.m., Anca will - [NNDKP Legal & Tax Conference 9th edition 2025](https://www.nndkp.ro/events/nndkp-legal-tax-conference-9th-edition-2025/) - On October 22, NNDKP and Ziarul Financiar will organize the 9th edition of the annual Legal & Tax conference, which aims to analyze the main legal and tax issues that companies in Romania need to consider at the end of the fiscal year. During a live debate starting at 10 a.m., Alina Timofti, Marius Ionescu, - [Daniel Hadar – speaker at the first edition of CFO Conference Oradea, organized by Business Mark](https://www.nndkp.ro/events/daniel-hadar-speaker-at-the-first-edition-of-cfo-conference-oradea-organized-by-business-mark/) - On October 22, Daniel Hadar, Tax Director, NNDKP Cluj-Napoca office, will be a speaker at the first edition of the CFO Conference Oradea, organized by Business Mark at Ramada Hotel. Daniel will join finance leaders and tax specialists to discuss issues of interest regarding tax controls in the digital age. More details on the event - [Eva Forika attended the WSG Automotive Group Meeting 2025 - Europe](https://www.nndkp.ro/events/eva-forika-attended-the-wsg-automotive-group-meeting-2025-europe/) - Between 9-10 October, Eva Forika, Partner and Head of NNDKP`s Timisoara office, attended the WSG Automotive Group Meeting 2025 - Europe, hosted by World Services Group (WSG) and DORDA law firm in Vienna. The meeting was an opportunity for meaningful networking and insightful discussions on latest developments and future perspectives within the automotive industry. NNDKP - [Valentin Voinescu and Marius Ezer attended the Lex Mundi 2025 Insolvency Bankruptcy & Restructuring Practice Group Meeting](https://www.nndkp.ro/events/valentin-voinescu-and-marius-ezer-attended-the-lex-mundi-2025-insolvency-bankruptcy-restructuring-practice-group-meeting/) - Between 7-8 October, our colleagues, Valentin Voinescu, Partner in the Banking and Finance practice, and Marius Ezer, Partner in the Dispute Resolution practice, were in Vienna for the 2025 Insolvency Bankruptcy & Restructuring Practice Group Meeting, organized by Lex Mundi and CERHA HEMPEL law firm. They connected with fellow professionals from Lex Mundi member firms - [Vlad Tanase attended the 2025 edition of EXPO REAL](https://www.nndkp.ro/events/vlad-tanase-attended-the-2025-edition-of-expo-real/) - Between 6-8 October, Vlad Tanase, Partner in the Real Estate and Construction practice, attended the 2025 edition of EXPO REAL, that took place in München. EXPO REAL is a central meeting point for industry leaders from around the world and a great opportunity for real estate professionals to connect, discuss the most relevant developments in - [NNDKP hosted the second edition of the EU law event for clients](https://www.nndkp.ro/events/nndkp-hosted-the-second-edition-of-the-eu-law-event-for-clients/) - On October 2, NNDKP hosted a new event for clients - an opportunity to reconnect and discuss relevant issues regarding European Union law as understood by the authorities and courts. Daniela Gramaticescu, Partner in the Dispute Resolution practice, Anca Diaconu, Partner, Competition, State Aid, EU Law and FDI practices, Iurie Cojocaru, Partner and Head of - [Iurie Cojocaru – speaker at the first edition of the National Conference on Artificial Intelligence Law](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-the-first-edition-of-the-national-conference-on-artificial-intelligence-law/) - On September 30, Iurie Cojocaru, Partner and Head of the Data Protection practice, was a speaker at the first edition of the National Conference on Artificial Intelligence Law, organized at the House of Ecology by the Ecological University of Bucharest and the Universul Juridic Publishing Group, with the support of the Ministry of Economy, Digitalization, - [Valentin Voinescu attended the 2025 European Distressed Investing & Asset Based Lending Summit](https://www.nndkp.ro/events/valentin-voinescu-attended-the-2025-european-distressed-investing-asset-based-lending-summit/) - On 29-30 September, Valentin Voinescu, Partner in the Banking and Finance practice, attended the 2025 European Distressed Investing & Asset Based Lending Summit, organized by TMA Europe and Secured Finance Network Europe in Prague. Valentin connected with top-tier professionals from across Europe’s turnaround, restructuring, secured finance, and ABL communities, and shared valuable insights on industry - [Regulamentul (UE) 2023/1115 împotriva defrișărilor - Obligațiile operatorilor](https://www.nndkp.ro/articles/regulamentul-ue-2023-1115-impotriva-defrisarilor-obligatiile-operatorilor/) - Descarcă Broșura NNDKP aici. Regulamentul (UE) 2023/1115 al Parlamentului European și al Consiliului din 31 mai 2023 privind punerea la dispoziție pe piața Uniunii și exportul din Uniune a anumitor produse de bază și produse asociate cu defrișările și degradarea pădurilor și de abrogare a Regulamentului (UE) nr. 995/2010 Obligația de diligență Operatorii au obligația - [Razvan Savin – speaker at the conference "Mortgages and seizures in enforcement proceedings"](https://www.nndkp.ro/events/razvan-savin-speaker-at-the-conference-mortgages-and-seizures-in-enforcement-proceedings/) - On 25 September 2025, Razvan Savin, Senior Managing Associate in the Dispute Resolution practice, was a speaker at the "Mortgages and seizures in enforcement proceedings" conference, organized by Juridice and The National Union of Judicial Executors. Razvan joined the discussions in the third panel and highlighted for the audience aspects of interest regarding foreclosure sales - [NNDKP wins two awards at the Benchmark Litigation Europe Awards 2025 Gala](https://www.nndkp.ro/news/nndkp-wins-two-awards-at-the-benchmark-litigation-europe-awards-2025-gala/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has won two awards at the Benchmark Litigation Europe Awards 2025 gala that took place on September 17, at the Waldorf Hilton - Aldwych, in London. Emil Bivolaru, Executive Partner, and Sorina Olaru, Partner, have received the awards on behalf of NNDKP: Romania Firm of the Year Romania Litigator - [Daniela Gramaticescu attended the 21st WLF Litigation Summit 2025 Europe](https://www.nndkp.ro/events/daniela-gramaticescu-attended-the-21st-wlf-litigation-summit-2025-europe/) - On 22-23 September, Daniela Gramaticescu, Partner in the Dispute Resolution practice, attended the 21st edition of the WLF Litigation Summit 2025 Europe, held in Amsterdam at the iconic Park Plaza Amsterdam Airport. The summit was organized by World Lawyers Forum and is the largest global gathering of top litigators, legal professionals, service providers, and legal - [Ciprian Paun – speaker at the (Inter)national Conference on Corporate Law, 7th edition](https://www.nndkp.ro/events/ciprian-paun-speaker-at-the-international-conference-on-corporate-law-7th-edition/) - Ciprian Paun, Partner, was a speaker at the 7th edition of the (Inter)national Corporate Law Conference, organized by the Romanian Institute of Commercial Law, the "Acad. Andrei Rădulescu" Institute for Legal Research of the Romanian Academy, and the Faculty of Law of Babeș Bolyai University, in collaboration with Hamangiu Publishing House, on September 18-19. Ciprian - [Adina Chilim-Dumitriu attended the WSG Annual Meeting 2025](https://www.nndkp.ro/events/adina-chilim-dumitriu-attended-the-wsg-annual-meeting-2025/) - Between 17-19 September, Adina Chilim-Dumitriu, Executive Partner, attended the World Services Group (WSG) Annual Meeting 2025, hosted by WSG and Shoosmiths in London. The event featured expert guest speakers, case studies and panel perspectives on industry and worldwide trending topics, being a great opportunity for networking and catching up with fellow colleagues in the region - [Valeriu Mina attended the Istanbul Arbitration Days 2025 event](https://www.nndkp.ro/events/valeriu-mina-attended-the-istanbul-arbitration-days-2025-event/) - Valeriu Mina, Partner in the Dispute Resolution practice, attended the second edition of the Istanbul Arbitration Days 2025 event, that took place between 16-19 September in Istanbul, Turkey. The event brought together over 2000 attendees, including distinguished international and local arbitration practitioners, industry experts, corporate counsels, arbitrators, members of the academia and many more, and - [Alina Timofti and Emil Bivolaru – speakers at ZF Live](https://www.nndkp.ro/events/alina-timofti-and-emil-bivolaru-speakers-at-zf-live/) - On September 15, Alina Timofti, Tax Partner, NNDKP Tax Advisory Services, and Emil Bivolaru, Executive Partner, spoke at the special edition of ZF Live, "How is the market for tax disputes between the state and companies evolving?", moderated by Cristian Hostiuc. Our colleagues provided as well more details about CELF - NNDKP's Center of Excellence - [NNDKP shortlisted for the Lawyer European Awards 2025](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-lawyer-european-awards-2025/) - Nestor Nestor Disculescu Kingston Petersen (NNDKP) has been shortlisted for The Lawyer European Awards 2025, being nominated in the Law firm of the year: South Eastern Europe award category. The nomination is a recognition of the work and performance of NNDKP's consultants and lawyers, as well as a reconfirmation of the team's professionalism in providing - [NNDKP Environment Flash No.8/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-8-2025/) - 1. EU DEVELOPMENTS SELECTION 1.1. Preliminary initiatives regarding the upcoming Circular Economy Act On 1 August 2025, the European Commission launched a public consultation for the upcoming Circular Economy Act. The act is expected to be adopted in 2026 and will primarily seek to establish a Single Market for secondary raw materials, increase the supply - [Anca Diaconu attended the 29th IBA Annual Competition Conference](https://www.nndkp.ro/events/anca-diaconu-attended-the-29th-iba-annual-competition-conference/) - Between 12-13 September, Anca Diaconu, Partner and Head of the Competition, State Aid, EU Law and FDI practices, attended the 29th IBA Annual Competition Conference, which took place in Florence, Italy. Presented by the International Bar Association Antitrust Section, the conference addressed topics such as: A new era for merger control: industrial policy, competitiveness, and - [Electricitatea și gazele naturale consumate în iulie 2025 sunt cu TVA de 19% sau 21%?](https://www.nndkp.ro/articles/electricitatea-si-gazele-naturale-consumate-in-iulie-2025-sunt-cu-tva-de-19-sau-21/) - Author: Alexandru Aparaschivei Recent, în spațiul public au apărut discuții cu privire la cota de TVA aplicabilă consumului de energie electrică și gaze naturale din iulie 2025, ultima lună în care a fost în vigoare cota de TVA de 19%. După unele păreri, aceste consumuri trebuiau să fie subiect de 19% TVA. Reprezentanții autorităților au - [Cristian Dranca – moderator at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/cristian-dranca-moderator-at-an-online-debate-organized-by-juridice-ro/) - On September 8, Cristian Dranca, Counsel, was the moderator of the online debate `The new era of public procurement: What is changing, what stays the same?`, organized by Juridice.ro. The debate highlighted for the participants current issues in the field of public procurement in Romania, examples encountered in practice, and future developments in this area. - [NNDKP Tax Flash No.2/2025 - Ordinance no. 22 for the amendment and completion of the Tax Code, with an impact on small enterprises, was published in the Official Gazette no. 806/29.08.2025](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-2-2025-ordinance-no-22-for-the-amendment-and-completion-of-the-tax-code-with-an-impact-on-small-enterprises-was-published-in-the-official-gazette-no-806-29-08-2025/) - Ordinance no. 22 for the amendment and completion of the Tax Code, with an impact on small enterprises, was published in the Official Gazette no. 806/29.08.2025 The Ordinance introduces several amendments to the Tax Code to transpose the European Directives. The changes primarily impact the VAT regime of small enterprises and electronic services. Increase in - [Regulamentul (UE) 2023/1115 împotriva defrișărilor - Interdicții și condiții de evitare a acestora](https://www.nndkp.ro/articles/regulamentul-ue-2023-1115-impotriva-defrisarilor-interdictii-si-conditii-de-evitare-a-acestora/) - Descarcă Broșura NNDKP aici. Regulamentul (UE) 2023/1115 al Parlamentului European și al Consiliului din 31 mai 2023 privind punerea la dispoziție pe piața Uniunii și exportul din Uniune a anumitor produse de bază și produse asociate cu defrișările și degradarea pădurilor și de abrogare a Regulamentului (UE) nr. 995/2010 Interdicții Este interzisă introducerea, punerea la - [Lucian Barbu – speaker at an online debate organized by CLCC and Oameni si Companii](https://www.nndkp.ro/events/lucian-barbu-speaker-at-an-online-debate-organized-by-clcc-and-oameni-si-companii/) - On August 27, Lucian Barbu, Tax Partner, NNDKP Tax Advisory Services, was a speaker at the online debate Measures to reduce the budget deficit. The impact on companies and consumers, organized by CLCC - The Coalition for Freedom of Trade and Communication, together with Oameni și Companii and EventsMax.ro. During the debate, the speakers addressed - [NNDKP Environment Flash No.7/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-7-2025/) - 1. EU DEVELOPMENTS SELECTION 1.1. Rules on the digital system for shipments of waste within the EU On 2 July 2025, the European Commission adopted the rules governing the Digital Waste Shipment System (“DIWASS”), this system being one of the main objectives of the EU Waste Shipment Regulation. The new system will apply to notified - [Regulamentul (UE) 2023/1115 împotriva defrișărilor - Aspecte esențiale](https://www.nndkp.ro/articles/regulamentul-ue-2023-1115-impotriva-defrisarilor-aspecte-esentiale/) - Descarcă Broșura NNDKP aici. Regulamentul (UE) 2023/1115 al Parlamentului European și al Consiliului din 31 mai 2023 privind punerea la dispoziție pe piața Uniunii și exportul din Uniune a anumitor produse de bază și produse asociate cu defrișările și degradarea pădurilor și de abrogare a Regulamentului (UE) nr. 995/2010 Obiectul și domeniul de aplicare Regulamentul - [Romania’s Defense Industry: Authorization as the First Strategic Step](https://www.nndkp.ro/articles/romanias-defense-industry-authorization-as-the-first-strategic-step/) - Author: George Trandafir 1. Context and Opportunities Amid the shifting geopolitical landscape in Europe—marked by heightened pressure on defense capabilities and the imperative to enhance strategic resilience—Romania occupies a pivotal position in the region’s security architecture. As public awareness increases regarding the urgent need for substantial investments in the defense sector—particularly following the launch of - [NNDKP contributes to the Global Comparative Guide to Children in the Digital World by Bird & Bird](https://www.nndkp.ro/articles/nndkp-contributes-to-the-global-comparative-guide-to-children-in-the-digital-world-by-bird-bird/) - Gabriela Cacerea (Partner), Iurie Cojocaru (Partner), Laurentiu Neacsu (Senior Associate) and Anda Zamfir (Associate) have contributed to the recently published Global Comparative Guide to Children in the Digital World by Bird & Bird. The guide provides an analysis of the various laws, regulations and guidelines across 40+ different jurisdictions that govern children's rights in the - [NNDKP Tax Flash No.1/2025 - Budgetary Measures to Strengthen Romania’s Long-Term Financial Sustainability](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-1-2025-budgetary-measures-to-strengthen-romanias-long-term-financial-sustainability/) - Draft law PL-x nr. 230/2025 on some fiscal-budgetary measures was published on the website of the Chamber of Deputies. The law is currently in draft form and has not yet been enacted. While last-minute changes cannot be entirely ruled out, we will provide updates on any further developments or changes once the law is enacted, - [NNDKP assisted PetStar in the acquisition by the founders of sole control over companies in the group and in a new financing transaction](https://www.nndkp.ro/news/nndkp-assisted-petstar-in-the-acquisition-by-the-founders-of-sole-control-over-companies-in-the-group-and-in-a-new-financing-transaction/) - NNDKP assisted PetStar group, the largest PET preform producer in Romania and the Balkan area by production volume and format variety, operating under the “Bottle-to-Bottle” circular model, in the transactions involving, on the one hand, re-acquiring sole control of the two packaging manufacturing companies within the group, and obtaining a new EUR 50 million financing, - [NNDKP Environment Flash No.6/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-6-2025/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. The European Commission adopts the European Water Resilience Strategy in the context of the climate crisis On 4 June 2025, the European Commission adopted the European Water Resilience Strategy (the “EWRS”) with the aim of protecting and restoring the natural water cycle in the context of the intensifying climate - [Florina Firaru attended the ECTA 43rd Annual Conference](https://www.nndkp.ro/events/florina-firaru-attended-the-ecta-43rd-annual-conference/) - Between 18 -21 June, Florina Firaru, Head of Intellectual Property, attended the ECTA 43rd Annual Conference in Berlin, a key event for the industry which connects the worldwide community of IP practitioners. The conference brought insightful discussions on the latest developments and trends in the field of intellectual property, with a focus on creativity. - [Daniela Gramaticescu attended the 2025 Lex Mundi Litigation Arbitration and Dispute Resolution European Regional Practice Group Meeting](https://www.nndkp.ro/events/daniela-gramaticescu-attended-the-2025-lex-mundi-litigation-arbitration-and-dispute-resolution-european-regional-practice-group-meeting/) - Between 26-27 June, Daniela Gramaticescu, Partner in the Dispute Resolution practice, was in Berlin for the 2025 Lex Mundi Litigation Arbitration and Dispute Resolution European Regional Practice Group Meeting. Daniela had the pleasure to connect with fellow colleagues from Lex Mundi member firms to discuss the current trends in litigation and arbitration law as well - [Gabriela Cacerea and Ruxandra Bologa, recognized in the 2025 Lexology Index: Energy edition](https://www.nndkp.ro/news/gabriela-cacerea-and-ruxandra-bologa-recognized-in-the-2025-lexology-index-energy-edition/) - Gabriela Cacerea and Ruxandra Bologa, Partners and Co-heads of the Energy and Natural Resources practice, were recognized once again as leaders in the energy field for Romania, in the 2025 Lexology Index, Energy edition, by Lexology. Our colleagues are recommended by the guide for the following categories: Oil & Gas Power/Electricity Renewables The Lexology Index - [Cristian Dranca – speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/cristian-dranca-speaker-at-an-online-debate-organized-by-juridice-ro/) - On June 16, Cristian Dranca, Counsel, was a speaker at the online debate Public Procurement: 15% of GDP and its transformative impact, organized by Juridice.ro. Cristian discussed relevant issues regarding bail, seen as a restriction of access to justice or protection against dilatory complaints. The event was LIVE on Juridice.ro. - [Moral Rights: A Romanian Copyright Law Perspective](https://www.nndkp.ro/articles/moral-rights-a-romanian-copyright-law-perspective/) - Author: Florina Firaru In a globally connected creative landscape, where authors collaborate across borders and works circulate digitally with unprecedented speed, the protection of moral rights (personality rights of the author) becomes increasingly relevant. Today’s digital environment enables the rapid creation, distribution, and transformation of literary, musical, visual, and audiovisual works. As companies increasingly rely - [Florina Firaru and Sorina Olaru, recognized in the WTR Global Leaders guide, 2025 edition](https://www.nndkp.ro/news/florina-firaru-and-sorina-olaru-recognized-in-the-wtr-global-leaders-guide-2025-edition/) - Florina Firaru, Head of Intellectual Property, and Sorina Olaru, Partner were included in the 2025 WTR Global Leaders guide by World Trademark Review. Our colleagues were recognized as Global Leaders for Romania in the Private Practice category, a result which highlights their exceptional expertise and client service. WTR Global Leaders guide brings together the world’s - [Mrs. Ana Diculescu-Sova receives an award of excellence](https://www.nndkp.ro/news/mrs-ana-diculescu-sova-receives-an-award-of-excellence/) - Mrs. Ana Diculescu-Sova, Senior Partner and Co-founder, NNDKP, has received the Award of Excellence at the tenth edition of the Lady Lawyer Gala, organized by Portalul Universul Juridic, for her performance in the legal field throughout her career. The event was dedicated to women who have built an outstanding career path and are part of - [Anca Diaconu – speaker at the Lex Mundi Antitrust & Competition Europe Regional Practice Group Meeting](https://www.nndkp.ro/events/anca-diaconu-speaker-at-the-lex-mundi-antitrust-competition-europe-regional-practice-group-meeting/) - On 12-13 June, Anca Diaconu, Partner and Head of the Competition practice, was in Amsterdam for the 2025 Antitrust & Competition Europe Regional Practice Group Meeting, organized by Lex Mundi. On the second day of the event, Anca joined the Merger Efficiencies panel and spoke about recent relevant transactions on the Romanian market, providing an - [NNDKP hosted once again the Arbitration Networking Reception](https://www.nndkp.ro/events/nndkp-hosted-once-again-the-arbitration-networking-reception/) - NNDKP hosted again this year the Arbitration Networking Reception, a tradition already taking place at the end of the Bucharest Arbitration Days conference each year. At our headquarters, the guests enjoyed an exquisite evening filled with insightful conversations, reconnecting with peers and friends from the international arbitration community and celebrating together the world of arbitration. - [Razvan Banta – speaker at the 6th edition of Bucharest Arbitration Days 2025](https://www.nndkp.ro/events/razvan-banta-speaker-at-the-6th-edition-of-bucharest-arbitration-days-2025/) - Razvan Banta, Senior Associate in the Dispute Resolution practice, was a speaker at the 6th edition of the Bucharest Arbitration Days 2025 conference, which took place on June 5-6, at the InterContinental Athénée Palace Bucharest. Razvan joined the Young Romanian Arbitration Practitioners debate during the event. NNDKP is one of the partners of the most-anticipated - [Marius Ezer attended the London International Disputes Week 2025](https://www.nndkp.ro/events/marius-ezer-attended-the-london-international-disputes-week-2025/) - Marius Ezer, Partner in our Dispute Resolution practice, was present at this year`s edition of the London International Disputes Week (LIDW) which took place between 2-6 June, a forward-thinking forum for the international commercial disputes community. Our colleague enjoyed one week of events, meetings and workshops looking at key issues and trends across the international - [Alexandru Aparaschivei and Alexandru Onuta – speakers at the Iasi Economic Forum 2025](https://www.nndkp.ro/events/alexandru-aparaschivei-and-alexandru-onuta-speakers-at-the-iasi-economic-forum-2025/) - On June 5, Alexandru Aparaschivei, Tax Partner, and Alexandru Onuta, Tax Director, NNDKP Tax Advisory Services, were speakers at the 2nd edition of the Iasi Economic Forum, organized by the Chamber of Commerce and Industry Iasi, together with Oameni si Companii and EventsMax. Our colleagues held a workshop on Tax Audit. The current landscape and - [Iurie Cojocaru – speaker at a webinar organized by IAPP](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-a-webinar-organized-by-iapp/) - On June 4, Iurie Cojocaru, Partner and Head of NNDKP`s Data Protection practice, was a speaker at a webinar on GDPR Compliance: Key Lessons and Evolving Challenges Seven Years On, organized by the International Association of Privacy Professionals (IAPP) on the IAPP KnowledgeNet platform. Together with Andreea Lisievici Nevin, Managing Partner, ICTLC Sweden, Iurie dove - [NNDKP, recognized as a top firm in the IAM Patent 1000 guide, 2025 edition](https://www.nndkp.ro/news/nndkp-recognized-as-a-top-firm-in-the-iam-patent-1000-guide-2025-edition/) - NNDKP has been recognized as a top firm in the 2025 edition of IAM Patent 1000 guide, in both areas researched by the guide: Litigation & transactions – Highly Recommended Prosecution – Highly Recommended Our colleagues, Sorina Olaru, Partner in NNDKP`s Dispute Resolution practice, and Florina Firaru, Head of the Intellectual Property practice, have been - [Ionut Stancu, Flavia Danciulescu and Daniel Stancescu attended the Ius Laboris University event in Bratislava](https://www.nndkp.ro/events/ionut-stancu-flavia-danciulescu-and-daniel-stancescu-attended-the-ius-laboris-university-event-in-bratislava/) - Between May 28-30, Ionut Stancu, Managing Associate, Flavia Danciulescu, Senior Associate, and Daniel Stancescu, Senior Associate, from NNDKP`s Employment practice, attended the Ius Laboris University initiative in Bratislava, a flagship event within the Ius Laboris network for employment law professionals in Europe. Young lawyers from across ten different jurisdictions within the alliance had the opportunity - [Ciprian Paun – speaker at the CFO Conference, Cluj-Napoca edition, organized by Business Mark](https://www.nndkp.ro/events/ciprian-paun-speaker-at-the-cfo-conference-cluj-napoca-edition-organized-by-business-mark/) - On June 2, Ciprian Paun, Partner and Co-head of NNDKP`s Cluj-Napoca office, was a speaker at the CFO Conference, organized by Business Mark in Cluj-Napoca. Ciprian joined finance leaders and tax specialists and discussed about tax audits in the age of digitization and the challenges of client advocacy. Other topics that were covered during the - [NNDKP Environment Flash No.5/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-5-2025/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. Recommendations of the European Parliament regarding the European Water Resilience Strategy On 7 May 2025, the European Parliament adopted a set of recommendations for the European Water Resilience Strategy (the “EWRS”). MEPs call on the European Commission to include in the EWRS several measures related to the useful management - [NNDKP named "Romania Law Firm of the Year" for the seventh time at the 2025 Chambers Europe Awards gala](https://www.nndkp.ro/news/nndkp-named-romania-law-firm-of-the-year-for-the-seventh-time-at-the-2025-chambers-europe-awards-gala/) - NNDKP was named "Romania Law Firm of the Year" for the seventh time by Chambers and Partners at the Chambers Europe 2025 Awards gala, which took place on May 29th in Madrid. The award granted by Chambers and Partners, one of the most respected guides dedicated to the global legal market, recognizes NNDKP's performance in - [Gabriela Cacerea attended the 0100 Emerging Europe 2025 conference in Budapest](https://www.nndkp.ro/events/gabriela-cacerea-attended-the-0100-emerging-europe-2025-conference-in-budapest/) - Gabriela Cacerea, Partner, attended the 0100 Emerging Europe 2025 event organized by Zero One Hundred Conferences on May 14-16 in Budapest. The 14th edition of the event brought together leaders representing international firms as well as investors worldwide in the private equity and venture capital industry and facilitated great networking opportunities and high-level interactions between - [Valentin Voinescu – speaker at a debate organized by Financial Intelligence](https://www.nndkp.ro/events/valentin-voinescu-speaker-at-a-debate-organized-by-financial-intelligence/) - On May 28, Valentin Voinescu, Partner in the Banking and Finance practice, was a speaker at the debate Restructuring – The insolvency prevention measure, organized by Financial Intelligence at the JW Marriott Bucharest Grand Hotel. Topics covered at the event included: Restructuring mechanisms - access to enhanced restructuring frameworks and early warning tools. When do - [Marius Ezer – speaker at the online conference `Trends on the insolvency market`](https://www.nndkp.ro/events/marius-ezer-speaker-at-the-online-conference-trends-on-the-insolvency-market/) - On May 22, starting 12.00 p.m., Marius Ezer, Partner in the Dispute Resolution practice, was a speaker at the 3rd edition of the online conference Trends on the insolvency market, organized by Juridice.ro. During the event, Marius shared relevant information regarding the preventive restructuring mechanisms and their implementation. The event was streamed live on Juridice.ro. - [Daniela Gramaticescu – speaker at the National Conference on Urban Law and Territorial Planning](https://www.nndkp.ro/events/daniela-gramaticescu-speaker-at-the-national-conference-on-urban-law-and-territorial-planning/) - On May 15, Daniela Gramaticescu, Partner in the Dispute Resolution practice, was a speaker at the 6th edition of the National Conference on Urban Law and Territorial Planning. Daniela joined the first discussion session and brought to the audience`s attention relevant aspects about the possibility to enter into legality taking into account environmental requirements and - [OMV Petrom secured, with the support of the NNDKP team, a new legal success against Greenpeace initiatives aimed at blocking Neptun Deep energy project](https://www.nndkp.ro/news/omv-petrom-secured-with-the-support-of-the-nndkp-team-a-new-legal-success-against-greenpeace-initiatives-aimed-at-blocking-neptun-deep-energy-project/) - NNDKP secured a new favorable court decision confirming the unquestionable legality of the administrative acts and complex permitting procedures for the development of the Neptun Deep project, the largest natural gas project in the Romanian Black Sea and Romania’s first deepwater offshore project - developed by the client OMV Petrom S.A. in partnership with S.N.G.N. - [NNDKP Employment Flash no. 3/2025: Updates on accessing the REGES Online application](https://www.nndkp.ro/legal-tax-updates/nndkp-employment-flash-no-3-2025-updates-on-accessing-the-reges-online-application/) - Updates on the new General Registry of Employees – REGES-ONLINE The Order no. 1107/2025 for the approval of the Procedure for accessing, completing, submitting, and querying data in/from the General Registry of Employees – REGES-ONLINE was published on May 9, 2025, in the Official Gazette Part. I no. 430 (the „Order”). Thus, according to the - [Florina Firaru, Razvan Savin, Razvan Banta and Dariana Istrate attended an event dedicated to World Intellectual Property Day](https://www.nndkp.ro/events/florina-firaru-razvan-savin-razvan-banta-and-dariana-istrate-attended-an-event-dedicated-to-world-intellectual-property-day/) - On May 12, our colleagues, Florina Firaru, Managing Associate (Intellectual Property practice), Razvan Savin, Senior Managing Associate, Razvan Banta, Senior Associate (Dispute Resolution practice) and Dariana Istrate, Senior Associate (Intellectual Property practice), attended an event dedicated to World Intellectual Property Day 2025 - "Be Original! Stop Counterfeiting and Piracy!", organized by the Working Group on - [Anca Diaconu – speaker at the 8th edition of the Competition in Public Procurement Conference](https://www.nndkp.ro/events/anca-diaconu-speaker-at-the-8th-edition-of-the-competition-in-public-procurement-conference/) - On May 12, Anca Diaconu, Partner and Head of the Competition, State Aid, EU Law and FDI practices, was a speaker at the the 8th edition of the Competition in Public Procurement Conference, organized by AmCham Romania in partnership with the Romanian Competition Council, at JW Marriott Bucharest Grand Hotel. Anca joined the second panel - [Ioana Niculeasa - speaker at the 2025 edition of CEDER Conference](https://www.nndkp.ro/events/ioana-niculeasa-speaker-at-the-2025-edition-of-ceder-conference/) - On May 13, Ioana Niculeasa, Partner and Head of the Real Estate and Construction practice, was a speaker at the CEDER Real Estate Conference & Exhibition 2025, organized by CIJ Europe in Bucharest. Ioana joined the discussions in the Sector-Specific Trends part 1 panel which brought together industry leaders to explore current trends on the - [NNDKP Environment Flash No.4/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-4-2025/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. European Parliament calls for measures to strengthen the competitiveness of energy-intensive industries and support the transition to clean industrial processes On 3 April 2025, the European Parliament adopted a resolution emphasizing the importance of a cost-efficient industrial transition, relying on technologies aimed at lowering energy prices and carbon emissions. - [Adina Chilim-Dumitriu – speaker at the GICA 2025 Spring Conference](https://www.nndkp.ro/events/adina-chilim-dumitriu-speaker-at-the-gica-2025-spring-conference/) - Adina Chilim-Dumitriu, Partner and Co-Head of NNDKP`s Public Procurement and PPP practice, was a speaker at the Global Industrial Cooperation Association (GICA) 2025 Spring Conference which took place on 5-7 May in Bucharest. The Global Industrial Cooperation Association (GICA) is a not-for-profit organization that promotes trade for foreign suppliers and provides a platform for industry - [Iurie Cojocaru – speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-an-online-debate-organized-by-juridice-ro-2/) - On May 5, Iurie Cojocaru, Partner and Head of the Data Protection practice, was a speaker at the online debate Artificial intelligence under the spotlight: AI regulation - from obligations in 2025 to full compliance in 2026, organized by Juridice.ro. The debate was be live on Juridice.ro. - [Iurie Cojocaru - speaker at a webinar organized by Sypher Solutions](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-a-webinar-organized-by-a-sypher-solutions/) - Iurie Cojocaru, Partner and Head of the Data Protection practice, was a speaker at the GDPR internal audit webinar, organized by Sypher Solutions on April 10. Together with the Co-founder of Sypher Solutions, Mihai Ghita, Iurie Cojocaru talked about: How long and how often is the GDPR audit performed What resources are needed and who - [Oana Popescu-Mitricoaia – speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/oana-popescu-mitricoaia-speaker-at-an-online-debate-organized-by-juridice-ro-2/) - On April 24, Oana Popescu-Mitricoaia, Senior Associate in the Competition, State Aid, EU Law and FDI practices, was a speaker at the online debate The foreign investment filter: National protection or economic barrier?, organized by Juridice.ro Some of the topics debated during the event were: The current legal framework for foreign investment control in Romania - [Mihaela Ceausescu – speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/mihaela-ceausescu-speaker-at-an-online-debate-organized-by-juridice-ro-2/) - On March 31, Mihaela Ceausescu, Managing Associate in the Dispute Resolution practice, was a speaker at the online debate Banking disputes and financial crises: lessons from the past, solutions for the future, organized by Juridice.ro. Topics debated during the event included: The impact of financial crises on bank-customer relationships Developments in bank litigation in the - [NNDKP assisted MedLife in increasing its syndicated loan by EUR 50 million](https://www.nndkp.ro/news/nndkp-assisted-medlife-in-increasing-its-syndicated-loan-by-eur-50-million/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted MedLife, the largest private healthcare network in Romania and the only company with Romanian capital listed on the Stock Exchange, in increasing its syndicated loan by up to EUR 50 million, thus reaching a total of EUR 330 million. The syndicate of banks that granted the loan includes - [Sorina Olaru and Valeriu Mina attended Paris Arbitration Week 2025](https://www.nndkp.ro/events/sorina-olaru-and-valeriu-mina-attended-paris-arbitration-week-2025/) - Sorina Olaru and Valeriu Mina, Partners in our Dispute Resolution practice, attended Paris Arbitration Week 2025, the key industry event for the global arbitration community which took place between April 7-11 in Paris. The 9th edition of this landmark event was packed with insightful debates and workshops, and was a great opportunity to meet with - [NNDKP at the Turnaround Management Association Romania International Spring Event](https://www.nndkp.ro/events/nndkp-at-the-turnaround-management-association-romania-international-spring-event/) - NNDKP partnered with Turnaround Management Association Romania for the TMA Romania International Spring Event which took place on April 10, at The Marmorosch Bucharest. At the event, Valentin Voinescu, Partner in the Banking and Finance practice, was one of the moderators and joined TMA’s European network of turnaround and restructuring professionals to address relevant aspects - [NNDKP named Romania Patent Firm of the Year at Managing IP EMEA 2025 awards](https://www.nndkp.ro/news/nndkp-named-romania-patent-firm-of-the-year-at-managing-ip-emea-2025-awards/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has won the Romania Patent Firm of the Year award at the Managing IP EMEA 2025 awards ceremony held on April 10th, 2025 in London. Sorina Olaru, Partner, has proudly received the award on behalf of NNDKP at the Royal Lancaster London. This incredible award recognizes the outstanding work - [NNDKP assisted Gránit Asset Management in the EUR 52 million acquisition of Equilibrium 1 office building](https://www.nndkp.ro/news/nndkp-assisted-granit-asset-management-in-the-eur-52-million-acquisition-of-equilibrium-1-office-building/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Grodiusz Private Equity Fund, an investment fund managed by the Hungarian company Gránit Asset Management, in the acquisition of Equilibrium 1 office building from Skanska Commercial Development, one of the largest developers of commercial and residential projects, in a EUR 52 million transaction. Gránit Asset Management, a Hungarian - [Adina Chilim-Dumitriu attended the WSG European Meeting 2025](https://www.nndkp.ro/events/adina-chilim-dumitriu-attended-the-wsg-european-meeting-2025/) - Adina Chilim-Dumitriu, Partner, attended the WSG European Meeting 2025, hosted by World Services Group (WSG) and Altius Tiberghien law firm in Brussels on 2-4 April 2025. The event featured expert guest speakers, panels and interactive discussions, and offered great opportunities to network with colleagues in the region and globally. NNDKP has been the exclusive WSG - [Anca Diaconu attended the ABA 2025 Antitrust Spring Meeting in Washington DC](https://www.nndkp.ro/events/anca-diaconu-attended-the-aba-2025-antitrust-spring-meeting-in-washington-dc/) - Between 2-4 April 2025, Anca Diaconu, Partner and Head of the Competition practice, attended the American Bar Association (ABA) 2025 Antitrust Spring Meeting in Washington DC. Anca met fellow colleagues from numerous jurisdictions and enjoyed a couple of days filled with insightful discussion sessions on both domestic and international perspectives on competition and consumer protection, - [Ruxandra Bologa, Sorina Olaru and Razvan Vlad will attend the 2025 IBA Annual Conference in Toronto](https://www.nndkp.ro/events/ruxandra-bologa-sorina-olaru-and-razvan-vlad-will-attend-the-2025-iba-annual-conference-in-toronto/) - NNDKP will be present at the 2025 IBA Annual Conference taking place between 2 – 7 November in Toronto, Canada. The NNDKP team that will attend this landmark includes: Ruxandra Bologa, Partner, Corporate/M&A and Energy and Natural Resources practices Sorina Olaru, Partner, Dispute Resolution practice Razvan Vlad, Partner, Corporate/M&A practice The IBA Annual Conference is the - [Razvan Vlad attended the CEE Deals of the Year Awards Gala organized by CEE Legal Matters](https://www.nndkp.ro/events/razvan-vlad-attended-the-cee-deals-of-the-year-awards-gala-organized-by-cee-legal-matters/) - On April 1, Razvan Vlad, Partner in the Corporate/M&A practice, attended the CEE Deals of the Year Awards Gala organized by CEE Legal Matters in Prague, at the Grandior Hotel Prague. At this year`s edition of the awards, our colleague was honored to be part of the Country Selection Committee as a jury member, being - [Anca Diaconu attended the Lex Mundi 2025 Antitrust and Competition Practice Group Global Meeting](https://www.nndkp.ro/events/anca-diaconu-attended-the-lex-mundi-2025-antitrust-and-competition-practice-group-global-meeting/) - On April 1, Anca Diaconu, Partner and Head of the Competition practice, attended the 2025 Antitrust and Competition Practice Group Global Meeting organized by Lex Mundi in Washington D.C. at the Steptoe LLP offices. Anca connected with fellow colleagues from Lex Mundi member firms and discussed the latest developments in antitrust trends, explored opportunities for - [NNDKP Environment Flash No.3/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-3-2025/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. The first list of strategic projects adopted under the CRMA On 25 March 2025, the European Commission has published its first decision adopting strategic projects under Regulation 2024/1252 establishing a framework for ensuring a secure and sustainable supply of critical raw materials (the “CRMA”). In this first selection round, 47 - [NNDKP Employment Flash No.2/2025 – Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/nndkp-employment-flash-no-2-2025-latest-news-in-the-labor-law-field/) - Updates on the General Registry of Employees The Goverment Decision no. 295/2025 on the General Registry of Employees - REGES-ONLINE was published on March 31, 2025, in the Official Gazette Part. I no. 279 (the „GD”). Thus, the old General Registry of Employees (i.e., REVISAL) is replaced by the new REGES-ONLINE (the "Registry"), which employers - [Alina Radu - speaker at the Banking Law Conference in Timisoara](https://www.nndkp.ro/events/alina-radu-speaker-at-the-banking-law-conference-in-timisoara/) - On March 28, Alina Radu, Partner and Head of the Banking and Finance practice, was a speaker at the 13th edition of the Banking Law Conference, organized in Timisoara by The National Bank of Romania - Timisoara Branch. The main topic of the conference was artificial intelligence in banking: the role of law and the - [Adina Chilim-Dumitriu - speaker at the Public Procurement Conference - Innovation and Transparency in Public Procurement](https://www.nndkp.ro/events/adina-chilim-dumitriu-speaker-at-the-public-procurement-conference-innovation-and-transparency-in-public-procurement/) - On March 27, Adina Chilim-Dumitriu, Partner and Co-Head of the Public Procurement and PPP practice, was a speaker at the second edition of the Public Procurement Conference - Innovation and Transparency in Public Procurement, organized by Wolters Kluwer Romania and the Faculty of Law of Titu Maiorescu University. Some of the topics debated at the - [NNDKP achieves top rankings in the 2025 edition of The Legal 500 EMEA guide](https://www.nndkp.ro/news/nndkp-achieves-top-rankings-in-the-2025-edition-of-the-legal-500-emea-guide/) - Legal 500 has launched the 2025 edition of the Legal 500 EMEA rankings. The results of the research reconfirm NNDKP’s position as a leading law firm in Romania. The firm was ranked in 13 major areas of practice researched in Romania, earning 11 Tier 1 rankings, with other 2 areas of practice being ranked highly - [Mihaela Ceausescu - speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/mihaela-ceausescu-speaker-at-an-online-debate-organized-by-juridice-ro/) - On March 24, Mihaela Ceausescu, Managing Associate in the Dispute Resolution practice, was a speaker at the online debate ANPC Restructuring - Challenges, directions and impact on court cases, organized by Juridice.ro. The debate was live on Juridice.ro. More details on the event are available here. - [Ciprian Paun - speaker at the IFA European Region Conference 2025](https://www.nndkp.ro/events/ciprian-paun-speaker-at-the-ifa-european-region-conference-2025/) - Ciprian Paun, Partner and Co-Head of NNDKP`s Cluj-Napoca office, was a speaker at the IFA European Region Conference 2025 organized by the International Fiscal Association (IFA), which took place in Budapest on 20-21 March. Ciprian joined the fifth panel of the event - a round table discussion in which country experts focused on tax competition - [Investing in Romania – legal & tax highlights, 2025](https://www.nndkp.ro/articles/investing-in-romania-legal-tax-highlights-2025/) - With key offerings including a significant market (the second largest in CEE), EU-shaped legislation, NATO membership, and a well-educated work force in a hospitable and resource-rich and geographically privileged location at the crossroads between Europe and Asia, Romania is a growing economy. To give investors a quick understanding of the local legislation impacting doing business - [Intellectual Property Rights of Architects](https://www.nndkp.ro/articles/intellectual-property-rights-of-architects/) - Authors: Dariana Istrate Architecture is one of the fields that have a creative dimension, including a scientific side, as well as a cultural-artistic one, making the architect a real artist whose works are protected by intellectual property laws. Thus, Intellectual Property Rights (IPRs) play a pivotal role, as they protect the unique creations and concepts - [NNDKP celebrates 35 years of activity](https://www.nndkp.ro/news/nndkp-celebrates-35-years-of-activity/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) celebrates 35 years of activity, an important milestone in the firm's history, which is recognized today as a promoter of business law in Romania and a leader in the legal consultancy services market. The beginnings of NNDKP date back to 1990, when Ion and Manuela Nestor founded a legal - [Iurie Cojocaru - speaker at a webinar on the NIS2 Directive](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-a-webinar-on-nis2-directive/) - On March 20, Iurie Cojocaru, Partner and Head of the Data Protection practice, was a speaker at the ConnectED: NIS2 in action - Cross-border perspectives & compliance challenges webinar, organized by Connect Communities by OneTrust. Iurie joined fellow colleagues from various jurisdictions to discuss how organizations and regulators are approaching NIS2 compliance and implementation. The - [NNDKP secures top rankings in Chambers Europe 2025 edition](https://www.nndkp.ro/news/nndkp-secures-top-rankings-in-chambers-europe-2025-edition/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has maintained its position in the upper tiers of the rankings in the recently published 2025 edition of Chambers Europe. NNDKP received strong recognition from clients and peers, being ranked in 9 major areas of expertise researched in Romania, namely Banking & Finance, Competition/Antitrust, Corporate/M&A, Dispute Resolution, Employment, Intellectual Property - [Sorina Olaru - speaker at the Arbitration Hour podcast](https://www.nndkp.ro/events/sorina-olaru-speaker-at-the-arbitration-hour-podcast/) - On March 18, Sorina Olaru, Partner in the Dispute Resolution practice, was the guest of lawyer Violeta Saranciuc, at the The Arbitration Hour podcast. Sorina discussed and analyzed relevant issues on: The drivers of the revision of the CCIR Rules, including legislative developments, the practical needs of the arbitration environment and the objectives pursued by the - [Alexandru Aparaschivei - speaker at the online event Pastila de Contabilitate](https://www.nndkp.ro/events/alexandru-aparaschivei-speaker-at-the-online-event-pastila-de-contabilitate/) - Alexandru Aparaschivei, Tax Partner, NNDKP Tax Advisory services, was a speaker at the live online event Pastila de Contabilitate, organized by SmartBill together with Contzilla, on March 18. Alexandru discussed with Delia Mircea, moderator (Contzilla), about the proper way for companies to issue invoices according to the application of VAT. The event was LIVE on - [Iurie Cojocaru attended the IAPP Data Protection Intensive: UK 2025 conference](https://www.nndkp.ro/events/iurie-cojocaru-attended-the-iapp-data-protection-intensive-uk-2025-conference/) - Iurie Cojocaru, Partner and Head of the Data Protection practice, joined the IAPP Data Protection Intensive: UK 2025 conference, a must attend event among privacy and data protection professionals organized by the IAPP (The International Association of Privacy Professionals) in London between 12-13 March. Iurie met fellow members of the international data protection community and exchanged - [Oana Stefan - speaker at a national conference organized by Juridice.ro](https://www.nndkp.ro/events/oana-stefan-speaker-at-a-national-conference-organized-by-juridice-ro/) - On March 12, Oana Stefan, Associate in the Data Protection practice, was a speaker at the 8th edition of the national conference Virtual Communities in the Age of General Data Protection Regulation (CVGDPR), 2025. Focus: Used users. During the conference, Oana talked about the practical challenges of obtaining valid consent. The event was organized by - [Roxana Abrasu - speaker at Tomorrow@work 2025 conference, organized by Business Mark](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-tomorrowwork-2025-conference-organized-by-business-mark/) - On March 14, Roxana Abrasu, Partner and Head of the Employment practice, was a speaker at Tomorrow@Work 2025, a conference organized by Business Mark at the JW Marriott Bucharest Grand Hotel. Roxana joined the discussions in the first session of the event which explored current issues on the labor market and its evolution, including from a - [Lavinia Ionita Rasmussen - moderator at MIPIM 2025](https://www.nndkp.ro/events/lavinia-ionita-rasmussen-moderator-at-mipim-2025/) - Lavinia Ionita Rasmussen, Partner in NNDKP`s Real Estate practice, was a moderator at MIPIM 2025, the world`s leading real estate event which took place at Le Palais des Festivals in Cannes between 10-14 March. Lavinia was the moderator of the conference Romania: The Emerging Investment Hub of Central and Eastern Europe, organized on 11 March, - [NNDKP promotes 12 lawyers and consultants in the latest round of promotions](https://www.nndkp.ro/news/nndkp-promotes-12-lawyers-and-consultants-in-the-latest-round-of-promotions/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) promotes 11 lawyers and 1 tax consultant in 2025, bolstering five key practice areas within the firm. 7 lawyers are promoted to senior managing associate positions, 2 lawyers are promoted to managing associate roles, and 2 other lawyers are named senior associates. Furthermore, one tax consultant is promoted to - [How IPRs drive business success for SMEs](https://www.nndkp.ro/articles/how-iprs-drive-business-success-for-smes/) - Authors: Florina Firaru Intellectual property rights (IPRs) such as trademarks, patents, and designs, help small and medium-sized enterprises (SMEs) to expand their business and stand out from competitors, protecting their creations and developments, and making it easier to grow through innovation and creativity. In this context we refer to the more than interesting study[1] published - [Alexandru Aparaschivei - speaker at Contzilla Accounting Days](https://www.nndkp.ro/events/alexandru-aparaschivei-speaker-at-contzilla-accounting-days/) - Alexandru Aparaschivei, Tax Partner, NNDKP Tax Advisory Services, was a speaker at Contzilla Accounting Days, an event organized by Contzilla.ro, dedicated to accounting and tax professionals. Alexandru brought to the audience's attention the CJEU's VAT rulings in 2024 and relevant issues for companies to watch in 2025. The central theme of the event was Accounting - [Ruxandra Bologa - speaker at the ZF Power Summit 2025](https://www.nndkp.ro/events/ruxandra-bologa-speaker-at-the-zf-power-summit-2025/) - Ruxandra Bologa, Partner and Co-Head of NNDKP`s Energy and Natural Resources practice, was a speaker at the ZF Power Summit 2025, organized by Ziarul Financiar between 26-28 February 2025. The 14th edition of the event focused on the following topic - Power to the Region: Turning the energy transition into industrial competitiveness and development opportunities. - [NNDKP - shortlisted in 2025 for the Romania Law Firm of the Year award by Chambers Europe](https://www.nndkp.ro/news/nndkp-shortlisted-in-2025-for-the-romania-law-firm-of-the-year-award-by-chambers-and-partners/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has been shortlisted for the Romania Law Firm of the Year award by Chambers Europe. The awards by Chambers and Partners honor the work of national and international law firms, recognizing their achievements in key jurisdictions over the past 12 months. Nominations are made based on outstanding work, impressive strategic - [AI-Generated Content: Copyright Implications](https://www.nndkp.ro/articles/ai-generated-content-copyright-implications/) - Authors: Dariana Istrate As artificial intelligence (“AI”) technology develops, its capacity to create original works in a wide variety of fields such as literature, music, mass – media, complex art, and even software has become more apparent. This remarkable ability raises significant questions on whether these works may be protected by copyright, and the broader - [Where do the goodies come from? The key question under the EU Deforestation Regulation](https://www.nndkp.ro/articles/where-do-the-goodies-come-from-the-key-question-under-the-eu-deforestation-regulation/) - Authors: Madalina Vasile, Camelia Stanciu If your company sells products that contain, have been fed with or have been made using cattle, cocoa, coffee, oil palm, rubber, soya or wood, then your company should most likely start preparing for compliance with the EU Deforestation Regulation[1]. The same applies if others in your company's supply chain - [Iurie Cojocaru - speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-an-online-debate-organized-by-juridice-ro/) - On February 24, Iurie Cojocaru, Partner and Head of the Data Protection practice, was a speaker at the online debate `Data protection for researchers`, organized by Juridice.ro. The debate covered topics such as: Regulations and policies Processing sensitive data Informed consent Research and the use of Big Data Cybersecurity in research The impact of data - [Catalina Dan - speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/catalina-dan-speaker-at-an-online-debate-organized-by-juridice-ro/) - On February 19, Catalina Dan, Senior Associate in the Banking and Finance practice, was a speaker at the online debate `The legislative barriers in the banking digitization process`, organized by Juridice.ro. The debate was moderated by Adelina Badescu (Salt Bank) and was LIVE on Juridice.ro. - [Ciprian Paun - speaker at TaxEU Forum Bucharest](https://www.nndkp.ro/events/ciprian-paun-speaker-at-taxeu-forum-bucharest/) - On February 13, Ciprian Paun, Partner and Co-Head of NNDKP`s Cluj-Napoca office, was a speaker at one of the most important tax events of the year, TaxEU Forum Bucharest, organized by Evensys at the JW Marriott Hotel. Ciprian joined the discussions during the first day of the event and talked about the legal rights of - [Lucian Barbu - speaker at the webinar Arggo Digitalks | SAF-T 2025](https://www.nndkp.ro/events/lucian-barbu-speaker-at-the-webinar-arggo-digitalks-saf-t-2025/) - On February 13, Lucian Barbu, Tax Partner, NNDKP Tax Advisory Services, was a speaker at the webinar Arggo Digitalks | SAF-T 2025, organized by ARGGO. The event looked at the legislative changes and digital solutions that simplify the tax compliance process and our colleague discussed about the challenges and legislative implications of SAF-T for 2025. - [NNDKP - shortlisted for the Managing IP EMEA Awards 2025 by Managing IP](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-managing-ip-emea-awards-2025-by-managing-ip/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has been shortlisted for the Managing IP EMEA Awards 2025 by Managing IP. NNDKP has been shortlisted in the Patent and Copyright & Design categories, while our colleagues Sorina Olaru, Partner in the Dispute Resolution practice, and Dariana Istrate, Senior Associate in the Intellectual Property practice, were nominated as - [Roxana Abrasu - speaker at an online event organized by the OSC - Global HR Manager community](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-an-online-event-organized-by-the-osc-global-hr-manager-community/) - On February 12, Roxana Abrasu, Partner and Coordinator of NNDKP`s Employment practice, was a speaker at the online event `Reintegrating employees after parental leave`, organized by the OSC - Global HR Manager community. During the event, Roxana discussed about the main fears and obstacles that employees face when returning to work and the practical solutions - [NNDKP Employment Flash No.1/2025 – Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/nndkp-employment-flash-no-1-2025-latest-news-in-the-labor-law-field/) - Minimum wage: New rules for determination and adjustment The Government Decision no. 35/2025 regarding the approval of the procedure for implementing the mechanism for determining and adjusting the minimum gross base wage at national level was published on February 6, 2025, in the Official Gazette Part I no. 111 (the “GD”). Thus, the Directive (EU) - [NNDKP - shortlisted for the IFLR Europe Awards 2025 by IFLR](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-iflr-europe-awards-2025-by-iflr/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has been shortlisted for the IFLR Europe Awards 2025 by IFLR. NNDKP is nominated for the Romania Law Firm of the Year award, in recognition of the remarkable work and professionalism demonstrated by our team. The 26th edition of the IFLR Awards recognizes legal innovation through successful transactions and - [Florina Firaru - speaker at the workshop ”How to Secure Your IP When Scaling Internationally”](https://www.nndkp.ro/events/florina-firaru-speaker-at-the-workshop-how-to-secure-your-ip-when-scaling-internationally/) - Florina Firaru, Managing Associate and Head of the IP Practice, was a speaker at the workshop ”How to Secure Your IP When Scaling Internationally”, hosted by Rubik Hub at the UI Path Headquarters in Bucharest. During the workshop, Florina addressed topics such as: How to safely transfer IP under Romanian law; Steps to secure IP - [Sorina Olaru - speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/sorina-olaru-speaker-at-an-online-debate-organized-by-juridice-ro/) - On February 3, Sorina Olaru, Partner in our Dispute Resolution practice, was a speaker at the online debate „The pathological arbitration clause. The childhood disease of the arbitration procedure”, organized by Juridice.ro. The debate was be LIVE on Juridice.ro. - [NNDKP, recognized as a top firm in the WTR 1000 guide, 2025 edition](https://www.nndkp.ro/news/nndkp-recognized-as-a-top-firm-in-the-wtr-1000-guide-2025-edition/) - NNDKP has been recognized as a top firm in the 2025 edition of WTR 1000 – the World’s Leading Trademark Professionals, in both areas researched by the guide: enforcement & litigation (Silver rank) and prosecution & strategy (Gold rank). Our colleagues, Sorina Olaru, Partner in NNDKP`s Dispute Resolution practice, and Florina Firaru, Head of the Intellectual Property practice, - [NNDKP - shortlisted for the 2024 CEE Deals of the Year Awards by CEE Legal Matters](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-2024-cee-deals-of-the-year-awards-by-cee-legal-matters/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has been shortlisted for the 2024 CEE Deals of the Year Awards by CEE Legal Matters, one of the leading regional legal publications. NNDKP received nominations for two transactions in which our teams have been involved, one related to the acquisition by Nippon Express Holdings, Inc. of the shares - [Iurie Cojocaru - speaker at the „20th Anniversary of the ANSPDCP” conference](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-the-20th-anniversary-of-the-anspdcp-conference/) - On January 28, Iurie Cojocaru, Partner and Head of the Data Protection practice, was a speaker at the „20th Anniversary of the ANSPDCP” online conference. The event was organized by the National Supervisory Authority for Personal Data Processing in the context of the European Data Protection Day and aimed to promote the importance of compliance - [A year in review – the activity of the National Environment Guard in 2024](https://www.nndkp.ro/articles/a-year-in-review-the-activity-of-the-national-environment-guard-in-2024/) - Authors: Mădălina Vasile, Teodora Roman On January 21, 2025, the National Environment Guard („NEG”) published a press release[1] on the institution’s activity report for 2024. The press release of NEG included, among other things, a retrospective of its inspection and control activities, the key areas subject to verification, an analysis of trends compared to the previous - [Iurie Cojocaru - speaker at the „GDPR – Data Privacy Observer 2025” conference](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-the-gdpr-data-privacy-observer-2025-conference/) - On January 23, Iurie Cojocaru, Partner and Head of the Data Protection practice, was a speaker at the „GDPR - Data Privacy Observer 2025” conference. Iurie joined the first panel of discussions and talked about the anonymization and deletion of data used to train the AI system. The event was organized by the Romanian Magazine - [NNDKP Environment Flash No. 1/2025](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-1-2025/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. The Commission provides further clarifications on the EU taxonomy for sustainable economic activities On 29 November 2024, the Commission has published a set of frequently asked questions (FAQs) to support stakeholders in the implementation of the EU taxonomy, a classification system for sustainable economic activities. The document, aimed at - [NNDKP included in the GCR 100 2025 guide](https://www.nndkp.ro/news/nndkp-included-in-the-gcr-100-2025-guide/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has been included in the GCR 100 2025 guide, among only 435 other firms across the globe. NNDKP is the only law firm in Romania to be included in the Elite category of the rankings, among the most prominent competition teams in the world. The GCR 100 is the - [2024 – you were amazing! 2025 – We look forward to reaching new heights!](https://www.nndkp.ro/news/2024-you-were-amazing-2025-we-look-forward-to-reaching-new-heights/) - Reflecting on 2024, we are filled with gratitude for the remarkable achievements of our team, who truly excelled at their work. We also want to express our sincere appreciation to our clients for the trust they have placed in us and the rewarding collaborations we have shared, which resulted in successful project outcomes. As we - [NNDKP shortlisted for the Managing IP EMEA Awards 2024](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-managing-ip-emea-awards-2024/) - NNDKP has been nominated in two of the categories analyzed for Romania, respectively Patent and Trademark, and Florina Firaru, Managing Associate in NNDKP`s Intellectual Property practice, has been shortlisted for the Practitioner of the Year award. The 19th edition of the Managing IP Awards programme recognizes the most innovative and challenging intellectual property work of - [NNDKP shortlisted for the ITR EMEA Tax Awards 2024 by ITR](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-itr-emea-tax-awards-2024-by-itr/) - NNDKP has been shortlisted for the ITR EMEA Tax Awards 2024 by ITR (International Tax Review), at the Tax Disputes Firm of the Year in Romania award category. The nomination comes in recognition of the work performed by NNDKP`s tax advisors and lawyers, and of their extensive experience in offering a wide range of tax advisory services, including - [NNDKP shortlisted in 2024 for the “Romania Law Firm of the Year” award by Chambers and Partners](https://www.nndkp.ro/news/nndkp-shortlisted-in-2024-for-the-romania-law-firm-of-the-year-award-by-chambers-and-partners/) - The awards honor the work of national and international law firms, recognizing their achievements in key jurisdictions over the past 12 months. Nominations are made based on outstanding work, impressive strategic growth, and excellence in client service. The full list of law firms shortlisted for Romania is available here. NNDKP is a 6-time winner of the - [NNDKP celebrates 20 years in Timisoara](https://www.nndkp.ro/news/nndkp-celebrates-20-years-in-timisoara/) - In 2024 we celebrated a remarkable milestone – 20 years since the opening of the Timișoara office. NNDKP laid the foundation stone and started developing the Timișoara office in 2004. Twenty incredibly beautiful years of work followed, during which the office flourished and became the landmark and partner it is today. To celebrate this incredible - [Lucian Barbu - speaker at the Meeting of Gambling Professionals](https://www.nndkp.ro/events/lucian-barbu-speaker-at-the-meeting-of-gambling-professionals/) - Lucian Barbu, Tax Partner, NNDKP Tax Advisory Services, was a speaker at the Meeting of Gambling Professionals, an event organized by Casino Inside magazine, on December 5 at the Crowne Plaza Hotel. Lucian joined the panel which focused on tax matters in the Romanian gaming industry and analyzed topics such as: tax inspections at permanent - [Florina Firaru, Dariana Istrate and Razvan Banta attended a conference on IP](https://www.nndkp.ro/events/florina-firaru-dariana-istrate-and-razvan-banta-attended-a-conference-on-ip/) - Our colleagues, Florina Firaru, Managing Associate and Head of our Intellectual Property practice, Dariana Istrate, Senior Associate (Intellectual Property practice) and Razvan Banta, Associate in the Dispute Resolution practice, attended the conference "Unfair Competition and the Protection of Distinctive Signs", organized under the auspices of the Working Group on Intellectual Property Issues (WGIPPI), in collaboration - [Iurie Cojocaru attended the Europe Data Protection Congress 2024, organized by IAPP](https://www.nndkp.ro/events/iurie-cojocaru-attended-the-europe-data-protection-congress-2024-organized-by-iapp/) - Iurie Cojocaru, Partner and Head of the Data Protection practice, joined the Europe Data Protection Congress 2024, a renowned event among privacy and data protection professionals organized by the International Association of Privacy Professionals (IAPP) in Brussels. Our colleague met fellow members of the international data protection community and exchanged various perspectives on strategic developments - [Sorina Olaru, Florina Firaru and Dariana Istrate attended a symposium on intellectual property](https://www.nndkp.ro/events/sorina-olaru-florina-firaru-and-dariana-istrate-attended-a-symposium-on-intellectual-property/) - Sorina Olaru, Partner in the Dispute Resolution practice, Florina Firaru, Managing Associate, and Dariana Istrate, Senior Associate, in our Intellectual Property practice, attended the symposium "Navigating the Universe of Intellectual Property in the Digital Age - Counterfeiting and Piracy - Realities and Challenges", organized in Poiana Brasov by the National Chamber of Industrial Property Advisors - [Mihai Fifoiu attended the SiGMA Europe 2024 event in Malta](https://www.nndkp.ro/events/mihai-fifoiu-attended-the-sigma-europe-2024-event-in-malta/) - Mihai Fifoiu, Managing Associate in NNDKP`s Corporate/M&A and Gaming practices, attended the SiGMA Europe 2024 event in Malta, joining over 27,000 delegates at one of the most exciting events in the gaming industry. Our colleague enjoyed four days filled with great conversations and insightful debates, catching up with peers and friends, making new connections, exploring - [Valentin Voinescu - speaker at the CEE Finance and Capital Markets Workshops 2024, hosted by Freshfields Vienna](https://www.nndkp.ro/events/valentin-voinescu-speaker-at-the-cee-finance-and-capital-markets-workshops-2024-hosted-by-freshfields-vienna/) - Valentin Voinescu, Partner in NNDKP`s Banking & Finance practice, was a speaker at the CEE Finance and Capital Markets Workshops 2024, an event hosted by the Freshfields team in Vienna which focused on the legal dynamics in banking, finance and capital markets across the CEE region. Valentin joined two of the panels of the conference - [Valentin Voinescu - speaker at the Mirsanu Dealmakers Summit 2024](https://www.nndkp.ro/events/valentin-voinescu-speaker-at-the-mirsanu-dealmakers-summit-2024/) - Valentin Voinescu, Partner in NNDKP`s Banking & Finance practice, was a speaker at the Mirsanu Dealmakers Summit 2024, an event hosted by Mirsanu.ro for professionals in the corporate transactions field. Valentin joined the discussions about the evolution of the financial landscape in Romania over the past ten years, sharing valuable insights on the topic during - [NNDKP Corporate Legal News - December 2024](https://www.nndkp.ro/legal-tax-updates/nndkp-corporate-legal-news-december-2024/) - Amendments to the Companies Law On December 3rd, 2024, the Companies Law was amended by Law No. 299/2024, published in the Official Gazette No. 1212 on December 3rd, 2024. The amendments aim to clarify certain regulatory aspects, as well as to adapt the rules for holding and approving the resolutions of the general meeting of - [NNDKP Environment Flash No. 11/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-11-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. The Council adopted new rules on urban waste water treatment On 5 November 2024, the Council adopted the revised directive on urban wastewater treatment. The new directive reforms Directive 91/271/EEC. Among other, under the revised directive: Member States must collect and treat wastewater from all agglomerations of more than 1,000 population - [NNDKP Employment Flash No.5/2024 – Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/nndkp-employment-flash-no-5-2024-latest-news-in-the-labor-law-field/) - The increase of the minimum gross base salary at national level Government Decision no. 1506/2024 for establishing the minimum gross base salary at national level was published on November 28, 2024, in the Official Gazette Part I no. 1185. Thus, starting from January 1st, 2025, the minimum gross base salary at national level, guaranteed for - [Protection of Trade Secrets](https://www.nndkp.ro/articles/protection-of-trade-secrets/) - Author: Florina Firaru Intellectual property laws confer exclusive rights for holders of patents, trademarks, design or model rights, and copyright. Along with the different types of intellectual property, trade secrets are important for businesses seeking to maintain a competitive edge, through the economic value of the information. In Romania, trade secrets are primarily governed by - [Redemption of Shares under Romanian Corporate Law](https://www.nndkp.ro/articles/redemption-of-shares-under-romanian-corporate-law/) - Authors: Razvan Vlad, Daria Anghel The acquisition by a joint-stock company of its own shares, also known as share buy-back, is permitted under Romanian law, as provided by Articles 103 – 109 of the Companies Law no. 31/1990 (“Companies Law”). The operation is, however, limited by certain conditions, based on reasons such as the goal - [Oana Popescu-Mitricoaia - speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/oana-popescu-mitricoaia-speaker-at-an-online-debate-organized-by-juridice-ro/) - Oana Popescu-Mitricoaia, Senior Associate in NNDKP`s Competition, State Aid and EU Law practice, was a speaker at an online debate organized by Juridice.ro on October 28. The speakers who were present at the live debate talked about the importance of the Commission`s opinion on the examination of Foreign Direct Investment and in what situations this - [Roxana Abrasu - speaker at the ”Labor law news” seminar](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-the-labor-law-news-seminar/) - On October 4, Roxana Abrasu, Partner and Head of the Employment practice was a speaker at the ”Labor law news” seminar organized by the Chamber of Commerce, Industry, Navigation and Agriculture Constanta, and the Territorial Labor Inspectorate in Constanta. Being dedicated to the local business community, the event covered topics such as: the legislative changes - [How are resolutions adopted in LLCs with a sole shareholder who is a legal person?](https://www.nndkp.ro/articles/how-are-resolutions-adopted-in-llcs-with-a-sole-shareholder-who-is-a-legal-person/) - Authors: Marius Ezer, Elena Triscariu The way in which resolutions are adopted in limited liability companies (“LLC”) with a sole shareholder who is a legal person, has given rise, in practice, to contradictory views, underscoring several relevant legal aspects. We will explore below some of these aspects. 1. Adoption of resolutions from the perspective of - [NNDKP Employment Flash No.4/2024 – Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/nndkp-employment-flash-no-4-2024-latest-news-in-the-labor-law-field/) - Amendments to the Labor Code to transpose the EU Directive on adequate minimum wages Law no. 283/2024 on the amendment and completion of normative acts, for the establishment of adequate minimum wages was published on November 14th, 2024, in the Official Gazette Part I no. 1139 (the „Law”). The Law mainly amends the Labor Code, - [NNDKP wins a landmark customs dispute](https://www.nndkp.ro/news/nndkp-wins-a-landmark-customs-dispute/) - Nestor Nestor Diculescu Kingston Petersen has secured a final favorable decision for an important manufacturer of components for automotive safety systems, in a customs dispute. The final decision issued by the Timisoara Court of Appeal confirms the company’s right to recover the customs duties paid based on incorrect customs declarations, marking a significant benchmark in - [NNDKP CELF obtains a new court decision recognizing the right to deduct VAT on investment expenses in case of project abandonment](https://www.nndkp.ro/news/nndkp-celf-obtains-a-new-court-decision-recognizing-the-right-to-deduct-vat-on-investment-expenses-in-case-of-project-abandonment/) - The NNDKP Center of Excellence in Fiscal Disputes (NNDKP CELF) has successfully represented a client in maintaining the recognition, through a final court decision, of the right to deduct VAT on expenses incurred for investments necessary to start or continue certain real estate projects that were ultimately not completed. In this case, the taxpayer, a - [NNDKP Environment Flash No. 10/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-10-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. The Commission calls on Romania to protect habitats and species On October 3, 2024, the Commission sent a reasoned opinion to Romania for incomplete transposition into national law of the Directive 92/43/EEC on the conservation of natural habitats and of wild fauna and flora (“Habitats Directive”). The Commission criticized - [NNDKP earns high recognition in the IFLR1000 EMEA 2024 edition](https://www.nndkp.ro/news/nndkp-earns-high-recognition-in-the-iflr1000-emea-2024-edition/) - IFLR1000 has released its rankings for the EMEA 2024 edition and NNDKP has been ranked in 4 areas of practice: Banking and Finance – Tier 2 Project Development – Tier 1 M&A – Tier 2 Capital Markets: Equity – Tier 2 / Capital Markets: Debt - Notable Individually, the directory also ranks 14 NNDKP lawyers: - [Sorina Olaru and Florina Firaru recognized as global leaders in the IAM Global Leaders list for 2025](https://www.nndkp.ro/news/sorina-olaru-and-florina-firaru-recognized-as-global-leaders-in-the-iam-global-leaders-list-for-2025/) - Sorina Olaru and Florina Firaru have been recognized as global leaders in the IAM Global Leaders list for 2025, alongside world`s top private practice experts in the patent field. To qualify for inclusion in the IAM Global Leaders, individuals must be ranked in the gold tier of the IAM Patent 1000, the market-leading annual directory - [Startups and Intellectual Property (IP)](https://www.nndkp.ro/articles/startups-and-intellectual-property-ip/) - Author: Dariana Istrate What are startups? Startups are newly established companies usually founded by entrepreneurs who develop a product, service, or business model with the aim of solving a specific problem or addressing a gap in the market. These companies usually start with limited revenue, and they are looking after angel investors, venture capitalists or - [NNDKP Environment Flash No. 9/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-9-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. New measures under the REACH Regulation to protect human health and the environment On 19 September 2024, the Commission adopted Regulation (EU) 2024/2462 amending Annex XVII to Regulation (EC) No 1907/2006 (“REACH Regulation”), restricting the use of a sub-group of PFAS chemicals to protect human health and the environment. - [Is the omission to submit an invoice in the national e-invoicing system on a Saturday punishable? More details about the deadline of 5 calendar days](https://www.nndkp.ro/articles/is-the-omission-to-submit-an-invoice-in-the-national-e-invoicing-system-on-a-saturday-punishable-more-details-about-the-deadline-of-5-calendar-days/) - Authors: Marius Ezer, Dragos Pigui We have begun our analysis of how to calculate the five-calendar day period specified in Art. 10 para. (7) of the Emergency Ordinance 120/2021 on the management, operation and implementation of the national e-invoicing system RO e-Factura[1] (“GEO 120/2021”) in the context of the Ministry of Finance’s LinkedIn post of August - [Alexandru Aparaschivei - speaker at ZF Live](https://www.nndkp.ro/events/alexandru-aparaschivei-speaker-at-zf-live/) - On September 11, Alexandru Aparaschivei, Tax Partner, NNDKP Tax Advisory Services, was a speaker at the ZF Live special edition, where he discussed together with the host, Cristian Hostiuc, about the tax amnesty introduced by the Emergency Ordinance no. 107/2024, and the most important measures for taxpayers as well as their implementation in the following - [Alina Radu - speaker at an online debate organized by Juridice.ro](https://www.nndkp.ro/events/alina-radu-speaker-at-an-online-debate-organized-by-juridice-ro/) - Alina Radu, Partner and Head of NNDKP`s Banking and Finance practice, was a speaker at the online debate about credit administrators and the creditor's obligation to renegotiate the loan, organized by Juridice.ro on September 9. Together with the event moderator and the other speakers at the event, Alina talked about the emergency ordinance on credit administrators and credit - [NNDKP Tax Flash No. 5/2024 - New tax facilities introduced by the Emergency Ordinance no. 107/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-5-2024-new-tax-facilities-introduced-by-the-emergency-ordinance-no-107-2024/) - The Emergency Ordinance no. 107/2024 concerning the regulation of certain fiscal and budgetary measures in the management of budget claims and the budget deficit for Romania's general consolidated budget in 2024, as well as the amendment and completion of certain normative acts was published in the Official Gazette no. 905/September 6th, 2024. To encourage voluntary - [Current Challenges Regarding the Exclusion of Shareholders in Limited Liability Companies](https://www.nndkp.ro/articles/current-challenges-regarding-the-exclusion-of-shareholders-in-limited-liability-companies/) - Authors: Marius Ezer, Elena Triscariu 1. Exclusion of shareholders – remedy for companies in difficulty The exclusion of shareholders has been seen over the years as a specific procedure aimed at safeguarding companies, in case of a serious breach of the legal and contractual obligations of the shareholders or in case of events with legal - [NNDKP, recognized once again in the ITR World Tax rankings, 2025 edition](https://www.nndkp.ro/news/nndkp-recognized-once-again-in-the-itr-world-tax-rankings-2025-edition/) - NNDKP has been included in the ITR World Tax 2025 rankings once again, in the following areas researched by the guide: General corporate tax, Tax controversy and Transfer pricing. Our colleagues, Alina Timofti, Marius Ionescu, Lucian Barbu, Silviu Badescu and Alexandru Aparaschivei have been singled out as top professionals by International Tax Review (ITR) in this - [NNDKP Environment Flash No. 8/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-8-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. Regulation (EU) 2024/1787 on the reduction of methane emissions in the energy sector and amending Regulation (EU) 2019/942 entered into force On 4 August 2024, the Regulation (EU) No. 2024/1787 on the reduction of methane emissions in the energy sector and amending Regulation (EU) 2019/942 entered into force. The new - [Alina Radu, Ruxandra Bologa and Anca Diaconu attended the IBA Annual Conference 2023 in Paris](https://www.nndkp.ro/events/alina-radu-ruxandra-bologa-and-anca-diaconu-will-attend-the-iba-annual-conference-2023-in-paris/) - The International Bar Association (IBA) Annual Conference 2023 took place in Paris, between 29 October – 3 November, at Le Palais des Congrés. The NNDKP team that attended the most awaited industry event of the year included: Alina Radu, Partner Alina Radu is a seasoned banking and finance specialist with 25 years of experience. She - [#GoGreen initiative by NNDKP at Straulesti Forest in Bucharest](https://www.nndkp.ro/events/gogreen-initiative-by-nndkp-at-straulesti-forest-in-bucharest/) - On September 30, NNDKP organized, together with Let`s Do It, Romania!, the largest social movement in Romania, a greening action at Straulesti Forest in Bucharest to contribute to a cleaner and safer environment for the community. With this action, NNDKP joined the Ius Laboris Impact Week 2023 initiative, where members of the global alliance, of - [The evolution of trademark cancellation and revocation procedures](https://www.nndkp.ro/articles/the-evolution-of-trademark-cancellation-and-revocation-procedures/) - Authors: Florina Firaru As a preliminary overview, as of January 2023, applications for cancellation on absolute and relative grounds, as well as for revocation due to non-use of national trademarks and international trademarks designating Romania, can be brought before the Romanian State Office for Inventions and Trademarks (the “IPO”). As a result, a Commission for - [NNDKP assisted AAylex One in connection with a EUR 20 million financing provided by CEC Bank S.A. and Alpha Bank Romania S.A.](https://www.nndkp.ro/news/nndkp-assisted-aaylex-one-in-connection-with-a-eur-20-million-financing-provided-by-cec-bank-s-a-and-alpha-bank-romania-s-a/) - NNDKP has assisted AAylex One, one of the leading players in the Romanian food industry and the producer of the Cocorico brand in connection with a EUR 20 million loan facility granted by a syndicate of banks. The syndicate of banks included CEC Bank S.A. and Alpha Bank Romania S.A. and the facility granted is - [NNDKP Tax Flash No. 4/2024 - The pre-filled RO e-VAT return](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-4-2024-the-pre-filled-ro-e-vat-return/) - Order no. 3775/2024 for the approval of the model and content of the „Pre-filled RO e-VAT return” form was published in Official Gazette no. 726/July 24, 2024 The model and content of the "Pre-filled RO e-VAT return" form are approved. The pre-filled RO e-VAT return does not constitute a debt title. The pre-filled RO e-VAT - [NNDKP Environment Flash No. 7/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-7-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. Political Guidelines for the next European Commision 2024-2029 include key actions in environment policy On 18 July 2024, Ursula von der Leyen presented the next European Commission’s Political Guidelines for 2024-2029. As expected, the Guidelines include key actions on environmental issues, such as: including the 90% greenhouse gas reduction - [NNDKP assists Globant with the merger of two Romanian subsidiaries, part of a global reorganization process](https://www.nndkp.ro/news/nndkp-assists-globant-with-the-merger-of-two-romanian-subsidiaries-part-of-a-global-reorganization-process/) - NNDKP has recently advised Globant, an IT and software development company present in 33 countries with more than 29,000 employees worldwide, throughout the entire process of merging two Romanian subsidiaries – Pentalog Romania S.R.L. and Pentalog HR Romania S.R.L. The transaction was part of a global reorganization process that Globant designed in order to continue - [NNDKP organized a webinar on the EU AI Act](https://www.nndkp.ro/events/nndkp-organized-a-webinar-on-the-eu-ai-act/) - On 28 May 2024, NNDKP organized the EU AI Act: First steps towards compliance webinar which focused on the legal updates introduced by the new regulation. Together with the participants, our colleagues, Iurie Cojocaru, Partner and Head of the Data Protection Practice, and Madalina Vasile, Managing Associate in the same practice, discussed about the legal - [Florina Firaru attended the ECTA Annual Conference 2024](https://www.nndkp.ro/events/florina-firaru-will-attend-the-ecta-annual-conference-2024/) - On June 19-22, Florina Firaru, head of our IP practice, attended the ECTA 42nd Annual Conference in Antwerp, a key event for the industry which connects the worldwide community of IP practitioners. The conference reunites a diverse professional community and promises insightful discussions on the latest developments and trends in the field of intellectual property, - [NNDKP hosts the International Attorneys Club (IAC) Annual Meeting 2024](https://www.nndkp.ro/events/nndkp-hosts-the-international-attorneys-club-iac-annual-meeting-2024/) - NNDKP organized and hosted the annual meeting of the International Attorneys Club (IAC) at the beginning of June. The International Attorneys Club is a network of independent law firms in Europe, of which NNDKP is a member, along with esteemed law firms in Germany, Denmark, Switzerland, Norway, Finland, The Netherlands, Belgium, Luxembourg, Austria, France, Ireland, - [NNDKP Tax Flash No. 3/2024 - Amendments in the field of VAT and excise duties and update of the RO e-Transport Procedure](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-3-2024-amendments-in-the-field-of-vat-and-excise-duties-and-update-of-the-ro-e-transport-procedure/) - In M.O. no. 596/26 June 2024, the GEO no. 78/2024 for the amendment of the Fiscal Code in the field of VAT and excise duties was published and in M.O. 597/27 June 2024, the Order no. 1.337/1.268/2024 for the approval of the updated Procedure for the use and operation of the RO e-Transport system was - [NNDKP Environment Flash No. 6/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-6-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. The Council adopted its general approach on the Green Claims Directive proposal On 17 June 2024, the Council adopted its general approach on the proposal for a Directive on substantiation and communication of explicit environmental claims (Green Claims Directive). More details on the Green Claims Directive proposal can be found - [NNDKP Tax Flash No. 2/2024 - Amendments to the RO e-Invoice, RO e-Transport and the introduction of the pre-filled RO e-VAT return](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-2-2024-amendments-to-the-ro-e-invoice-ro-e-transport-and-the-introduction-of-the-pre-filled-ro-e-vat-return/) - In the Official Gazette no. 582/21 June 2024, there were published the Emergency Ordinance no. 69/2024 for the amendment of the national system RO e-Invoice and the amendment of cash registers legislation and the Emergency Ordinance no. 70/2024 on some measures for the implementation and use of the pre-filled RO e-VAT Return *Including the amendments - [Adriana Ioana Gaspar - speaker at the Mirsanu Investors Summit 2024](https://www.nndkp.ro/events/adriana-ioana-gaspar-speaker-at-the-mirsanu-investors-summit-2024/) - On June 27, Adriana Ioana Gaspar, was a speaker at the Mirsanu Investors Summit 2024, an online event hosted by Mirsanu.ro., focusing on strategic investments and contributed to the discussions in the Private equity & Private credit panel. The event offered valuable insights on navigating today's market, adapting investment strategies, and uncovering new opportunities. - [Daniela Gramaticescu - speaker at the Legal Dynamics in the Banking Sector. Perspectives for 2024 conference](https://www.nndkp.ro/events/daniela-gramaticescu-speaker-at-the-legal-dynamics-in-the-banking-sector-perspectives-for-2024-conference/) - On June 27, Daniela Gramaticescu, Partner in NNDKP`s Dispute Resolution practice, joined the speakers of the second edition of the Banking Law Conference which focused on the Legal Dynamics in the Banking Sector and Perspectives for 2024, organized by Wolters Kluwer Romania. Daniela talked about the validation of the attachment and the procedural remedies to - [Alexandru Aparaschivei - speaker at an online debate organized by Juridice](https://www.nndkp.ro/events/alexandru-aparaschivei-speaker-at-an-online-debate-organized-by-juridice/) - Alexandru Aparaschivei, Tax Partner, NNDKP Tax Advisory Services, joined as a speaker the online debate The E-Invoice could prove costly. The right treatment, organized by Juridice.ro on June 20. Alexandru talked about the proportionality of RO e-Invoice fines in the light of CJEU decisions and the possibility for taxpayers to challenge them, including by reference - [NNDKP part of the international legal team advising Mengtai Group on the acquisition of Alu Menziken Group](https://www.nndkp.ro/news/nndkp-part-of-the-international-legal-team-advising-mengtai-group-on-the-acquisition-of-alu-menziken-group/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international team of advisors that assisted the Chinese Inner Mongolia Mengtai Group Co., Ltd. with the acquisition of the Alu Menziken Group from Montana Aerospace AG. NNDKP provided legal assistance in the Romanian jurisdiction. The project was coordinated by the German law firm HEUKING, which acted - [Ciprian Paun and Alexandru Aparaschivei - speakers at the VAT Conference organized by Solomon publishing house](https://www.nndkp.ro/events/ciprian-paun-and-alexandru-aparaschivei-speakers-at-the-vat-conference-organized-by-solomon-publishing-house/) - On June 17-18, Ciprian Paun, Partner and Co-head of our Cluj-Napoca office, and Alexandru Aparaschivei, Tax Partner, NNDKP Tax Advisory Services, were speakers at the VAT Conference organized by Solomon publishing house at Pullman Bucharest World Trade Center. On the first day of the event, Ciprian and Alexandru joined the third panel of the event which addressed - [NNDKP hosted an event on EU Law for clients](https://www.nndkp.ro/events/nndkp-hosted-an-event-on-eu-law-for-clients/) - On June 13, NNDKP hosted for clients the event European Union Law in the conception and practice of authorities and courts. Tools, approaches, challenges and trends. Daniela Gramaticescu, Partner in the Dispute Resolution practice, Anca Diaconu, Partner, Competition, State Aid and EU Law practice, Alina Radu, Partner and Head of NNDKP`s Banking and Finance practice, - [NNDKP, recognized as a top firm in the IAM Patent 1000 guide, 2024 edition](https://www.nndkp.ro/news/nndkp-recognized-as-a-top-firm-in-the-iam-patent-1000-guide-2024-edition/) - NNDKP has been recognized as a top firm in the 2024 edition of IAM Patent 1000 guide, in both areas researched by the guide: Litigation & transactions - Highly Recommended Prosecution - Recommended Our colleagues, Sorina Olaru, Partner in NNDKP`s Dispute Resolution practice, and Florina Firaru, Managing Associate in the Intellectual Property practice, have been included as top professionals in the guide, - [Valentin Voinescu - speaker at ZF Bankers Summit 2024](https://www.nndkp.ro/events/valentin-voinescu-speaker-at-zf-bankers-summit-2024/) - Valentin Voinescu, Partner in our Banking and Finance practice, was a speaker at the 13th edition of ZF Bankers Summit, a flagship event for the banking and finance market in Romania that took place on June 17-19 in Bucharest. Valentin took part in a one-to-one discussion on the first day of the conference and talked - [Sorina Olaru - speaker at an online debate organized by Juridice](https://www.nndkp.ro/events/sorina-olaru-speaker-at-an-online-debate-organized-by-juridice/) - Sorina Olaru, Partner in the Dispute Resolution practice, was a speaker at the online debate on practical challenges of admissibility and evidence in arbitration, organized by Juridice.ro on June 17. - [Ciprian Paun - speaker at the CFO Conference in Cluj-Napoca](https://www.nndkp.ro/events/ciprian-paun-speaker-at-the-cfo-conference-in-cluj-napoca/) - Ciprian Paun, Partner and Co-head of our Cluj-Napoca office, was a speaker at the CFO Conference in Cluj-Napoca, organized by Business Mark. During the event, Ciprian joined the discussions on relevant aspects regarding tax disputes, sharing his views and expertise on the topic. - [NNDKP hosted an Arbitration Networking Reception](https://www.nndkp.ro/events/nndkp-hosted-an-arbitration-networking-reception/) - On June 7, 2024, NNDKP hosted an Arbitration Networking Reception on the last day of the Bucharest Arbitration Days 2024. The evening was filled with insightful conversations, reconnecting with peers and friends from the international arbitration community and celebrating together the world of arbitration. Our deepest appreciation goes to all the guests for attending the - [Adina Chilim-Dumitriu - speaker at the Balkan Legal Forum 2024](https://www.nndkp.ro/events/adina-chilim-dumitriu-speaker-at-the-balkan-legal-forum-2024/) - On June 6-7, Adina Chilim-Dumitriu, Partner in our Corporate/M&A practice, participated in this year`s edition of the Balkan Legal Forum that took place in Sofia, on 6-7 June, having as central theme The Modern Lawyer. Adina joined the discussions in the panel focusing on financial management for law firms and how to make the right - [Valeriu Mina attended the ODR Forum 2024](https://www.nndkp.ro/events/valeriu-mina-attended-the-odr-forum-2024/) - On June 5-6, Valeriu Mina, Partner in our Dispute Resolution practice, attended the ODR Forum 2024, organized in Prague by PRK Partners law firm, and the National Center for Technology and Dispute Resolution, a prestigious global conference on online dispute resolution. Valeriu joined the Lex Mundi panel which brought to the audience`s attention various viewpoints - [Sorina Olaru and Valeriu Mina attended the Paris Arbitration Week 2024](https://www.nndkp.ro/events/sorina-olaru-and-valeriu-mina-attended-the-paris-arbitration-week-2024/) - Sorina Olaru and Valeriu Mina, Partners in NNDKP`s Dispute Resolution practice, attended the Paris Arbitration Week 2024, a key event which connects the worldwide community of arbitration practitioners, that took place between 18-22 March 2024. Offering insightful debates and workshops, the conference reunited a diverse and dynamic professional community, boosting rich academic discussions on latest - [NNDKP Employment Flash No.3/2024 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/nndkp-employment-flash-no-3-2024-latest-news-in-the-labor-law-field/) - Updates on the minimum gross base salary at national level The Government Decision no. 598/2024 for establishing the minimum gross base salary at national level was published on June 6, 2024, in the Official Gazette Part I no. 529. Thus, starting 1st of July 2024, the minimum gross base salary at national level, guaranteed for - [NNDKP Environment Flash No.5/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-5-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. The new Regulation on shipments of waste entered into force On 20 May 2024, Regulation (EU) 2024/1157 of 11 April 2024 on shipments of waste entered into force. The new Regulation, which replaces Regulation No. 1013/2006 on shipments of waste, introduces several new requirements, including for the export of EU waste - [NNDKP assisted CTP in acquiring Globalworth’s fully owned logistics portofolio](https://www.nndkp.ro/news/nndkp-assisted-ctp-in-acquiring-globalworths-fully-owned-logistics-portofolio/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), in acquiring the logistics portfolio fully owned by Globalworth, the largest office investor in CEE, with leading positions in Romania and Poland. The portfolio, comprised of 270,000 sqm GLA - [Ioana Niculeasa - moderator at CEDER conference, 2024 edition](https://www.nndkp.ro/events/ioana-niculeasa-moderator-at-ceder-conference-2024-edition/) - Ioana Niculeasa, Head of NNDKP’s Real Estate practice, was one of the moderators at CEDER 2024 Conference – one of the largest real estate events in Romania, that took place on May 27 at NORD Events Center in Bucharest. Ioana led the discussions in the Future of Development panel which brought together industry leaders to - [NNDKP at the Gala hosted by Juridice.ro, celebrating 20 years of activity](https://www.nndkp.ro/events/nndkp-at-the-gala-hosted-by-juridice-ro-celebrating-20-years-of-activity/) - On May 23, NNDKP was present at the JURIDICE.ro Gala, an event that celebrated 20 years of activity for JURIDICE.ro. The event took place at the Palace of Parliament and was attended by Alina Radu, Partner and Head of NNDKP`s Banking and Finance practice, Sorina Olaru, Marius Ezer, Daniela Gramaticescu and Valeriu Mina, Partners in - [Artificial Intelligence and Intellectual Property](https://www.nndkp.ro/articles/artificial-intelligence-and-intellectual-property/) - Authors: Dariana Istrate Artificial Intelligence (AI) has emerged as a transformative force across various industries, revolutionizing the way we work, communicate, and interact with technology. AI technologies develop very fast bringing challenges, particularly in the field of intellectual property (IP) rights. We encounter various issues, from the ownership of the IP rights and their protection - [NNDKP Employment Flash No.2/2024 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/nndkp-employment-flash-no-2-2024-latest-news-in-the-labor-law-field/) - The method for calculating the prior notice period, as interpreted by the High Court of Cassation and Justice Decision no. 8/2024 regarding the Appeal in the Interest of the Law, which sets forth the day from which the prior notice period starts to run and the day on which it ends was issued on May - [NNDKP hosted an employment event for clients](https://www.nndkp.ro/events/nndkp-hosted-an-employment-event-for-clients/) - On May 16, NNDKP hosted an event dedicated to clients at its headquarters, which focused on current issues in the labor law field. In an interactive discussion framework, our colleagues talked with the guests, HR professionals, about the new legal framework applicable to harassment and discrimination in the workplace and the management of sensitive situations - [NNDKP Environment Flash No.4/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-4-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. The European Court of Human Rights (the “Court”) has issued landmark rulings in three cases related to climate change On 9 April 2024, the Court issued rulings in three cases concerning alleged violations of the European Convention on Human Rights (the “Convention”) by the respondent states due to their perceived - [Lavinia Ionita Rasmussen – recognized for the fourth time among the top 50 most influential people on Romania’s real estate market](https://www.nndkp.ro/news/lavinia-ionita-rasmussen-recognized-for-the-fourth-time-among-the-top-50-most-influential-people-on-romanias-real-estate-market/) - Lavinia Ionita Rasmussen, Partner in NNDKP’s Real Estate practice, was included for a fourth consecutive year among ‘The 50 Most Influential People in Romania’s Real Estate Market’, an annual publication put together by Property Forum. Lavinia also offered an exclusive interview for this year’s edition of the guide, which focuses on the real estate market in - [Development of the Romanian Offshore Wind sector](https://www.nndkp.ro/articles/development-of-the-romanian-offshore-wind-sector/) - Authors: Emanuel Flechea In Romania's evolving energy landscape, offshore wind energy is a long due focal point, presenting both challenges and opportunities. Currently, a critical regulatory piece is still missing — the offshore wind law. However, this gap is on the verge of being filled, with the Romanian Senate approving the draft legislative piece, marking - [Law no. 414/2023 on the conduct of representative actions for the protection of consumers' collective interests - the first express regulation of the class action in Romanian law](https://www.nndkp.ro/articles/law-no-414-2023-on-the-conduct-of-representative-actions-for-the-protection-of-consumers-collective-interests-the-first-express-regulation-of-the-class-action-in-romanian-law/) - Authors: Sorina Olaru, Mihaela Ceausescu Recently[1] , Law No 414/2023 on the conduct of representative actions for the protection of the collective interests of consumers (hereinafter Law 414/2023 or the Law), transposing Directive 2020/1828/EU on representative actions for the protection of the collective interests of consumers and repealing Directive 2009/22/EC (hereinafter Directive 2020/1828), entered into force. - [Marius Ezer - speaker at the `Trends on the insolvency market` conference, organized by Juridice.ro](https://www.nndkp.ro/events/marius-ezer-speaker-at-the-trends-on-the-insolvency-market-conference-organized-by-juridice-ro/) - Marius Ezer, Partner in NNDKP`s Dispute Resolution practice, was a speaker at the second edition of the `Trends on the insolvency market` conference, organized by Juridice.ro on April 18th. Marius talked about the compatibility and interdependence between insolvency proceedings and tax enforcement proceedings. - [Romania Chapter in the CEE Legal Matters Comparative Legal Guide: Competition 2024](https://www.nndkp.ro/articles/romania-chapter-in-the-cee-legal-matters-comparative-legal-guide-competition-2024/) - Anca Diaconu and Rares Farcas have authored the Romania Chapter of the CEE Legal Matters Comparative Legal Guide: Competition 2024, published by CEE Legal Matters. The guide serves as a compass, providing in-depth analysis and insights on main competition pieces of legislation, notable recent updates, the main concerns of the competition authority as well as - [Alina Radu - speaker at the Banking 2.0 Conference](https://www.nndkp.ro/events/alina-radu-speaker-at-the-banking-2-0-conference/) - On March 28, Alina Radu, Partner and Head of NNDKP`s Banking and Finance practice, was a speaker at the Banking 2.0 Conference: Embracing Technology and Sustainability in Governance, organized by ENVISIA-Boards of Elite in partnership with Asociația Investitorilor din România în Republica Moldova and supported by the Bucharest Stock Exchange and Moore RO MD. Alina joined the panel tackling ESG Strategies - [Certain Considerations on Delegation of Director’s Powers in a Limited Liability Company](https://www.nndkp.ro/articles/certain-considerations-on-delegation-of-directors-powers-in-a-limited-liability-company-2/) - Author: Razvan Vlad, Ioana Sotropa While rendering day-to-day corporate advice to various clients, we have noticed lately a trend specific to limited liability companies, which involves allowing the directors of the respective companies to delegate all their powers to another individual for certain operations, either via the Articles of Incorporation or by resolution of shareholders. - [Reasons for the dismissal decision by reference to the temporary nature of the employment contract and the primacy of European Union law in the context of the CJEU judgment in Case C-715/20 of 20 February 2024](https://www.nndkp.ro/articles/reasons-for-the-dismissal-decision-by-reference-to-the-temporary-nature-of-the-employment-contract-and-the-primacy-of-european-union-law-in-the-context-of-the-cjeu-judgment-in-case-c-715-20-of-20-febr/) - Authors: Marius Ezer, Elena Triscariu The Court of Justice of the European Union (the “Court of Justice of the EU” or the “Court”) delivered a judgment, on 20 February 2024, in Case C-715/20 (K.L. v X sp. z o.o.), in which it ruled as follows: Clause 4 of the Framework Agreement on fixed-term work concluded - [NNDKP Employment Flash No.1/2024 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/nndkp-employment-flash-no-1-2024-latest-news-in-the-labor-law-field/) - Ratification of the Convention concerning the elimination of violence and harassment in the world of work Law no. 69/2024 for accession to Convention No. 190/2019 concerning the elimination of violence and harassment in the world of work (adopted at the 108th Session of the International Labor Conference of the International Labor Organization in Geneva on - [NNDKP Tax Flash No.1/2024 - Postponement of penalties for failure to submit the RO e-Factura on time and clarifications on misdemeanors](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-1-2024-postponement-of-penalties-for-failure-to-submit-the-ro-e-factura-on-time-and-clarifications-on-misdemeanors/) - In the Official Gazette no. 272/29 March 2024, the Emergency Ordinance no. 30/2024 amending the Tax Code and the Article LIX of Law No. 296/2023 on certain fiscal-budgetary measures for ensuring the long-term financial sustainability of Romania was published. Art. LIX of Law 296/2023 The postponement of fines for non-transmission via RO e-Factura The sanctioning - [NNDKP Environment Flash No.3/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-3-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. Provisional agreement on the proposal for a Regulation on packaging and packaging waste On 4 March 2024, the Council and the European Parliament reached a provisional political agreement on the proposal for a Regulation on packaging and packaging waste. Among others, the new rules aim to prevent and reduce the - [NNDKP earns top rankings in the 2024 edition of The Legal 500 EMEA guide](https://www.nndkp.ro/news/nndkp-earns-top-rankings-in-the-2024-edition-of-the-legal-500-emea-guide/) - Recently published, the results of the research conducted among law firms active in Europe reconfirm the leading position of NNDKP in the business law market in Romania, the firm being ranked in 13 practice areas: banking & finance, commercial, corporate and M&A, dispute resolution, employment, energy and natural resources, EU and competition, intellectual property, PPP - [Romania – a strong option for investors](https://www.nndkp.ro/articles/romania-a-strong-option-for-investors-2024/) - With key offerings including a significant market (the second largest in CEE), EU-shaped legislation, NATO membership, and a well-educated work force in a hospitable and resource-rich and geographically privileged location at the crossroads between Europe and Asia, Romania is a growing economy. To give investors a quick understanding of the local legislation impacting doing business - [Romania – a strong option for investors](https://www.nndkp.ro/articles/romania-a-strong-option-for-investors-2023/) - With key offerings including a significant market (the second largest in CEE), EU-shaped legislation, NATO membership, and a well-educated work force in a hospitable and resource-rich and geographically privileged location at the crossroads between Europe and Asia, Romania is a growing economy. To give investors a quick understanding of the local legislation impacting doing business - [Romania – a strong option for investors](https://www.nndkp.ro/articles/romania-a-strong-option-for-investors-2022/) - With key offerings including a significant market (the second largest in CEE), EU-shaped legislation, NATO membership, and a well-educated work force in a hospitable and resource-rich and geographically privileged location at the crossroads between Europe and Asia, Romania is a growing economy. To give investors a quick understanding of the local legislation impacting doing business - [NNDKP tops Chambers and Partners Europe rankings, 2024 edition](https://www.nndkp.ro/news/nndkp-tops-chambers-and-partners-europe-rankings-2024-edition/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has achieved high rankings in the recently published 2024 edition of Chambers Europe. The results reconfirm the firm’s leading position on the Romanian business law market, NNDKP being ranked in each of the 9 areas of practice researched in Romania, namely Banking & Finance, Competition/Antitrust, Corporate/M&A, Dispute Resolution, Employment, - [Roxana Abrasu - speaker at the Tomorrow@Work conference, organized by Business Mark](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-the-tomorrowwork-conference-organized-by-business-mark/) - Roxana Abrasu, Partner and Coordinator of NNDKP’s Employment practice, participated as a speaker at the Tomorrow@Work conference, organized by Business Mark on March 15, at the JW Marriott Bucharest Grand Hotel. Roxana joined the discussions of the first session of the event, in the Tomorrow`s People panel which explored current issues on the labour market - [NNDKP promotes 14 lawyers and consolidates six practice areas in 2024](https://www.nndkp.ro/news/nndkp-promotes-14-lawyers-and-consolidates-six-practice-areas-in-2024/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) promotes 14 lawyers in 2024, strengthening six practice areas within the firm. 2 lawyers are promoted to managing associate positions, 3 lawyers are named senior associates and other 9 lawyers take a step forward in their careers. During this round of promotions Mihai Fifoiu (Corporate/M&A, Energy and Natural Resources) - [Alina Timofti, Emil Bivolaru, Lucian Barbu and Alexandru Aparaschivei – speakers at the first CELF event in 2024](https://www.nndkp.ro/events/alina-timofti-emil-bivolaru-lucian-barbu-and-alexandru-aparaschivei-speakers-at-the-first-celf-event-in-2024/) - On March 6, the CELF Community and NNDKP’s Center of Excellence in Tax Disputes (NNDKP CELF) held the first event part of the series of business gatherings scheduled for 2024, designed to provide a platform for relevant debates on topical tax matters. Our colleagues, Alina Timofti, Emil Bivolaru, Lucian Barbu and Alexandru Aparaschivei discussed about - [NNDKP Environment Flash No.2/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-2-2024/) - 1. EU DEVELOPMENTS SELECTION [1] 1.1. CJEU ruling on the Aarhus Convention On 11 January 2024, the Court of Justice of the European Union („CJEU”) issued a ruling interpreting provisions of the Convention on access to information, public participation in decision-making and access to justice in environmental matters (the “Aarhus Convention”). According to CJEU, the - [NNDKP assisted a syndicate of banks with a EUR 101.5 million financing to RodBun Group](https://www.nndkp.ro/news/nndkp-assisted-a-syndicate-of-banks-with-a-eur-101-5-million-financing-to-rodbun-group/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted a syndicate of banks in providing a loan facility totalling EUR 101.5 to RodBun Group, by refinancing and increasing existing facilities by EUR 37.14 million. RodBun is an integrator of agricultural products and solutions, and one of Romania’s most important players in this field. The syndicate of banks - [Ciprian Paun and Daniel Hadar – speakers at TaxEU Forum Cluj-Napoca 2024](https://www.nndkp.ro/events/ciprian-paun-and-daniel-hadar-speakers-at-taxeu-forum-cluj-napoca-2024/) - Ciprian Paun, Partner and Co-head of our Cluj-Napoca office, and Daniel Hadar, Tax Director, Tax Advisory Services, were speakers at TaxEU Forum Cluj-Napoca, event organized by Evensys between February 28-29, 2024, at Radisson Blu Hotel. Ciprian joined the discussions in the first day of the conference and talked about taxpayers' rights, between substance and procedure. - [Gabriela Cacerea – speaker at the ZF Power Summit 2024](https://www.nndkp.ro/events/gabriela-cacerea-speaker-at-the-zf-power-summit-2024/) - Gabriela Cacerea, Partner and Co-head of NNDKP`s Energy and Natural Resources practice, was a speaker at the ZF Power Summit 2024, organized by Ziarul Financiar between 27-29 February 2024. The 13th edition of the event focused on the following topic - Now for 2030: How do we accelerate safely and affordably on the energy transition - [Iurie Cojocaru - speaker at the „GDPR – Data Privacy Observer 2024” conference](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-the-gdpr-data-privacy-observer-2024-conference/) - On January 25, Iurie Cojocaru, Partner and Head of the Data Protection Practice, was a speaker at the „GDPR – Data Privacy Observer 2024” conference. Iurie Cojocaru talked during the conference`s first session of discussions and shared information on the personal data protection requirements resulting from the EU`s Data Act, recently entered into force. Moreover, the third edition of the Romanian - [NNDKP, recognized as a top firm in the WTR 1000 guide, 2024 edition](https://www.nndkp.ro/news/nndkp-recognized-as-a-top-firm-in-the-wtr-1000-guide-2024-edition/) - NNDKP has been recognized as a top firm in the 2024 edition of WTR 1000 - the World's Leading Trademark Professionals, in both areas researched by the guide: enforcement & litigation and prosecution & strategy. Our colleagues, Sorina Olaru, Partner in NNDKP`s Dispute Resolution practice, and Florina Firaru, Managing Associate in the Intellectual Property practice, have - [Environmental protection: where do we stand after 2023?](https://www.nndkp.ro/articles/environmental-protection-where-do-we-stand-after-2023/) - Author: Madalina Vasile Looking back at 2023, we witnessed important developments in the legal framework for environmental protection (in the broad sense). Their context is familiar, as the interested public is already aware of the EU's objectives for achieving climate neutrality and for the transition from a linear to a circular model of production and - [NNDKP Environment Flash No.1/2024](https://www.nndkp.ro/legal-tax-updates/nndkp-environment-flash-no-1-2024/) - 2023 Retrospective. Important EU and National Environmental Developments 2023 proved to be a year of significant environmental developments, one of the most challenging periods in recent times in terms of environmental legislative initiatives. Looking back to 2023, we have selected some of the developments at EU and national level that are certain to have a - [Ciprian Paun - speaker at the online debate „The e-invoice. Explanations and implications for entrepreneurs”](https://www.nndkp.ro/events/ciprian-paun-speaker-at-the-online-debate-the-e-invoice-explanations-and-implications-for-entrepreneurs/) - On December 11, Ciprian Paun, Partner and Co-head of our Cluj-Napoca office, was a speaker at the online debate „The e-invoice. Explanations and implications for entrepreneurs”, organized by Juridice.ro. More details on the event are available here. - [2023 – A year with new opportunities and growth! 2024 – We are looking at what lies ahead with confidence!](https://www.nndkp.ro/news/2023-a-year-with-new-opportunities-and-growth-2024-we-are-looking-at-what-lies-ahead-with-confidence/) - As 2023 draws to a close, we reflect on a year filled with opportunities, successfully closed projects and great teamwork. We are extremely proud of all our team members, who demonstrated remarkable dedication and passion, consistently delivering exceptional results for our clients. We are also incredibly grateful for our clients’ trust and the strong partnerships - [NNDKP awarded at PRIA Competition Gala 2023](https://www.nndkp.ro/news/nndkp-awarded-at-pria-competition-gala-2023/) - NNDKP won the Competition Team of the Year for Energy Industry award at the PRIA Competition Gala 2023, the only gala dedicated to the competition sector in Romania, which aims to celebrate the success and contribution of the private sector to maintaining a healthy competitive environment in Romania. The award received by NNDKP`s Competition, State - [NNDKP named Tax Disputes Firm of the Year in Romania by International Tax Review](https://www.nndkp.ro/news/nndkp-named-tax-disputes-firm-of-the-year-in-romania-by-international-tax-review/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) was named Tax Disputes Firm of the Year in Romania at the 2023 edition of ITR EMEA Tax Awards organized by International Tax Review on September 27th at the Carlton Tower Jumeirah in London. The 18th edition of the awards acknowledges the innovative approach, performance, and key role played - [NNDKP Tax Flash No. 4/2023 - Government Emergency Ordinance no. 116/2023 on certain measures for the implementation of certain digitalization projects](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-4-2023-government-emergency-ordinance-no-116-2023-on-certain-measures-for-the-implementation-of-certain-digitalization-projects/) - Government Emergency Ordinance no. 116/2023 on certain measures for the implementation of certain digitalization projects and Government Emergency Ordinance no. 115/2023 on certain budgetary measures to ensure Romania's long-term financial sustainability were published in the Official Gazette no. 1138 and 1139 of 15 December 2023 GEO 116/2023 on certain measures for the management and accounting - [NNDKP contributes to the 4th edition of LIR Romania](https://www.nndkp.ro/articles/nndkp-contributes-to-the-4th-edition-of-lir-romania/) - Mirela Preda, Counsel in NNDKP`s Energy and Natural Resources practice, contributed to the 4th edition of Legal Industry Reviews (LIR) Romania. In the piece she authored, Mirela shared valuable insights about the Romanian hydrogen regulatory framework, the next steps in terms of legislative amendments and their importance in the development of hydrogen related technologies and - [NNDKP assists a syndicate of banks in extending USD 150 million credit facilities for ALRO SA with another three years](https://www.nndkp.ro/news/nndkp-assists-a-syndicate-of-banks-in-extending-usd-150-million-credit-facilities-for-alro-sa-with-another-three-years-2/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted a syndicate of banks with the amendment and extension until 2026 of USD 150 million working capital credit facilities for ALRO S.A., one of the largest vertically integrated aluminium producers in Europe, by production capacity. The syndicate of banks was coordinated by Exim Banca Românească and included - [Romania Chapter in ICLG Gambling 2024 Guide](https://www.nndkp.ro/articles/romania-chapter-in-iclg-gambling-2024-guide/) - Mihai Fifoiu, Laurentiu Neacsu and Lucian Barbu have authored the Romanian chapter of the ICLG Gambling Law and Regulation 2024 guide, published by the Global Legal Group. This comprehensive guide delves into the legal and regulatory frameworks governing the gambling industry across 36 jurisdictions worldwide, shedding light on various legal and tax intricacies relevant to - [Daniela Gramaticescu – speaker at the „Urban Planning Law: the storm before the calm” conference, organized by Juridice.ro](https://www.nndkp.ro/events/daniela-gramaticescu-speaker-at-the-urban-planning-law-the-storm-before-the-calm-conference-organized-by-juridice-ro/) - On 22 June, 2023, Juridice.ro organized the „Urban Planning Law: the storm before the calm” online live conference. Daniela Gramaticescu, Partner, Dispute Resolution practice, was a speaker at the event and talked about the entry into legality - a variant of confirmation/validation of the administrative act, approaches, trends and solutions offered by the new Urban - [Iurie Cojocaru – speaker at ZF Live](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-zf-live/) - On Monday, November 6, Iurie Cojocaru, Partner and Head of the Data Protection Practice joined the ZF Live special edition, where he discussed together with Cristian Hostiuc about the ANSPDCP practice - favorite topics, the fields in which they have been applied sanctions and recommendations of the authority. The recording of the debate can be - [Ciprian Paun - speaker at ZF Live](https://www.nndkp.ro/events/ciprian-paun-speakers-at-zf-live/) - On November 30, Ciprian Paun, Partner and Co-head of our Cluj-Napoca office, joined a ZF Live special edition where he discussed about the tax disputes that may be determined by the new tax changes, together with Razvan Botea, editor at Ziarul Financiar. The recording of the debate can be watched on Ziarul Financiar`s Facebook page. - [Sorina Olaru recognized as a global leader in the IAM Global Leaders list for 2024](https://www.nndkp.ro/news/sorina-olaru-recognized-a-global-leader-in-the-iam-global-leaders-list-for-2024/) - Sorina Olaru has been recognized as a global leader in the IAM Global Leaders list for 2024, alongside world`s top private practice experts in the patent field. To qualify for inclusion in the IAM Global Leaders, individuals must be ranked in the gold tier of the IAM Patent 1000, the market-leading annual directory that identifies - [Alina Timofti, Silviu Badescu, Alexandru Aparaschivei and Ciprian Paun - speakers at the sixth CELF event in 2023](https://www.nndkp.ro/events/alina-timofti-silviu-badescu-alexandru-aparaschivei-and-ciprian-paun-speakers-at-the-sixth-celf-event-in-2023/) - The CELF Community and NNDKP’s Center of Excellence in Tax Disputes (NNDKP CELF) held in November the sixth event part of the series of business gatherings scheduled for 2023, designed to provide a platform for relevant debates on topical tax matters. Our colleagues, Alina Timofti, Silviu Badescu, Alexandru Aparaschivei and Ciprian Paun discussed about the - [New Remedies for Companies in Financial Distress. Brief Considerations on the Restructuring Agreement](https://www.nndkp.ro/articles/new-remedies-for-companies-in-financial-distress-brief-considerations-on-the-restructuring-agreement/) - Author: Marius Ezer, Elena Triscariu In Romania, even the most optimistic estimates show that only a handful of companies (less than 10%) manage to reorganize through insolvency, as previously regulated by Law 85/2006 and then by Law 84/2014 on insolvency prevention and insolvency proceedings (“Law 85/2014”). Legislative intervention was much needed, both in Romania and in - [Sorina Olaru – speaker at the online debate „Difficult civil law issues. Presumptions in private law”](https://www.nndkp.ro/events/sorina-olaru-speaker-at-the-online-debate-difficult-civil-law-issues-presumptions-in-private-law/) - On 9 November 2023, Sorina Olaru, Partner, Dispute Resolution practice, was a speaker at the online debate „Difficult civil law issues. Presumptions in private law”, organized by Juridice.ro. Sorina joined the discussions in the first panel of the event and talked about the authority of res judicata – from the legal presumption to the cause - [Daniela Gramaticescu – speaker at the fourth edition of the National Conference on Urban Law and Regional Planning](https://www.nndkp.ro/events/daniela-gramaticescu-speaker-at-the-fourth-edition-of-the-national-conference-on-urban-law-and-regional-planning/) - On 8-9 November 2023, the Faculty of Law of the University of Bucharest, in collaboration with Universul Juridic Publishing Group, organized the 4th edition of the National Conference on Urban Law and Regional Planning. Daniela Gramaticescu, Partner, Dispute Resolution practice, was a speaker in the second day of the event and talked about the work suspension measure, - [Sorina Olaru - keynote speaker at the annual VIAC-YRAP-YAAP conference](https://www.nndkp.ro/events/sorina-olaru-keynote-speaker-at-the-annual-viac-yrap-yaap-conference/) - On Wednesday, 8 November, Sorina Olaru, Partner, Dispute Resolution practice, was the keynote speaker at the second edition of the annual VIAC-YRAP-YAAP conference – New Horizons in Construction Arbitration, which took place at the Marmorosch Hotel in Bucharest. The conference explored how international arbitration can best contribute to the efficient resolution of construction disputes in - [NNDKP assists Impact Developer & Contractor SA in EUR 8 million corporate bond issue](https://www.nndkp.ro/news/nndkp-assists-impact-developer-contractor-sa-in-eur-8-million-corporate-bond-issue/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Impact Developer & Contractor SA in connection with a EUR 8 million corporate bond issue. NNDKP was involved in negotiating and concluding the documentation in relation to the bond issue and supported the client throughout the transaction. The NNDKP team advising on this transaction was led by Alina - [Sorin Mociofan - speaker at the CFO Conference, organized by Business Mark](https://www.nndkp.ro/events/sorin-mociofan-speaker-at-the-cfo-conference-organized-by-business-mark/) - On 1 November, Sorin Mociofan, Tax Director, NNDKP Tax Advisory Services, was a speaker at the CFO Conference, an event organized by Business Mark at Iulius Congress Hall, Timisoara. Sorin talked about the impact of the new tax changes introduced by Law no. 296/2023, together with representatives of the business environment from Timisoara. More details - [NNDKP Tax Flash No. 3/2023 - Law no. 296/2023 regarding budgetary measures to ensure Romania's long-term financial sustainability was published in the Official Gazette no. 977/2023](https://www.nndkp.ro/legal-tax-updates/nndkp-tax-flash-no-3-2023-law-no-296-2023-regarding-budgetary-measures-to-ensure-romanias-long-term-financial-sustainability-was-published-in-the-official-gazette-no-977-2023/) - Corporate income tax As of 2024, taxpayers that register in the previous year a turnover of over EUR 50 million and determine a profit tax, accumulated from the beginning of the fiscal year/amended fiscal year until the end of the calculation quarter/ year, lower than the minimum tax on turnover are obliged to pay profit - [Ion Nestor received the „Constantin Cunescu” award at the Romanian Arbitration Gala](https://www.nndkp.ro/news/ion-nestor-received-the-constantin-cunescu-award-at-the-romanian-arbitration-gala/) - Ion Nestor, Co-Managing Partner, received the „Constantin Cunescu” award for supporting the Court of International Commercial Arbitration, at the Romanian Arbitration Gala hosted by the Chamber of Commerce and Industry of Romania. Also, during the event, Sorina Olaru, Partner, Dispute Resolution practice, had the honor to present the „Ion Bacanu" award for contributions to the - [Iurie Cojocaru - speaker at the CIO Council National Conference 2023: The AI Revolution](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-the-cio-council-national-conference-2023-the-ai-revolution/) - On Wednesday, 25 October, Iurie Cojocaru, Partner and Head of NNDKP`s Data Protection practice, was a speaker at the CIO Council National Conference 2023: The AI Revolution, event organized by CIO Council and Revista CARIERE. Iurie joined the debate in the "Trends and Technologies" panel and talked about the European Regulation draft on Artificial Intelligence - [Anca Diaconu - moderator at the National Conference on Competition Law, organized by Universul Juridic](https://www.nndkp.ro/events/anca-diaconu-moderator-at-the-national-conference-on-competition-law-organized-by-universul-juridic/) - On Tuesday, 24 October, Anca Diaconu, Partner, Competition, State Aid and EU law practice, was a moderator at the National Conference on Competition Law, organized by Universul Juridic together with the Competition Council and with the support of the Romanian Competition Law Association (ARCON). Anca moderated the second panel of the conference - „Procedural aspects regarding - [Marius Ezer - speaker at the debate „Can the new restructuring mechanisms, the restructuring agreement and the preventive agreement save the Romanian companies in difficulty?”](https://www.nndkp.ro/events/marius-ezer-speaker-at-the-debate-can-the-new-restructuring-mechanisms-the-restructuring-agreement-and-the-preventive-agreement-save-the-romanian-companies-in-difficulty/) - On Wednesday, 18 October, Marius Ezer, Partner in NNDKP`s Dispute Resolution practice, was a speaker at the debate „Can the new restructuring mechanisms, the restructuring agreement and the preventive agreement save the Romanian companies in difficulty?”, organized by Juridice.ro. Marius Ezer talked about the challenges regarding the applicability of the restructuring agreement and the preventive - [NNDKP Legal & Tax Conference 8th edition 2023](https://www.nndkp.ro/events/nndkp-legal-tax-conference-8th-edition-2023/) - On October 16th, 2023, NNDKP and Ziarul Financiar organized the 8th edition of the annual Legal & Tax conference, centered around the theme End of the year under the impact of tax increases. What’s next in 2024? Trends in Romanian taxation. During a live debate, Alina Timofti, Marius Ionescu, Daniel Hadar and Marius Ezer discussed - [Employment SpotON 2023 – webinar series on topical labor law issues](https://www.nndkp.ro/events/employment-spoton-2023-webinar-series-on-topical-labor-law-issues/) - NNDKP will organize, between 1 – 15 November 2023, this year’s edition of Employment SpotON, a series of webinars covering topical labor law issues of interest to HR professionals, general managers, team leaders, legal advisors and general counsels. During the webinars, our attorneys will explore theoretical aspects, will highlight legal matters which deserve special focus - [Textile Waste Management: New EU rules proposed](https://www.nndkp.ro/articles/textile-waste-management-new-eu-rules-proposed/) - Author: Madalina Vasile It may come as no surprise to interested parties (such as textile and footwear producers, environmental specialists and activists) that the European Commission has proposed a targeted revision of the Waste Framework Directive to address the issue of textile waste (the “Proposal”). The Proposal was announced on 5 July 2023 and it - [Alina Timofti, Sorina Olaru and Silviu Badescu – speakers at the fifth CELF event in 2023](https://www.nndkp.ro/events/alina-timofti-sorina-olaru-and-silviu-badescu-speakers-at-the-fifth-celf-event-in-2023/) - The CELF Community and NNDKP’s Center of Excellence in Tax Disputes (NNDKP CELF) held in September the fifth event part of the series of business gatherings scheduled for 2023, designed to provide a platform for relevant debates on topical tax matters. On Thursday, September 21, our colleagues, Alina Timofti, Sorina Olaru and Silviu Badescu, together with - [Roxana Abrasu - speaker at HR Uncovered 2023 event, organized by Business Mark](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-hr-uncovered-2023-event-organized-by-business-mark/) - Roxana Abrasu, Partner and Coordinator of NNDKP’s Employment practice, participated as a speaker at the HR Uncovered 2023 event, organized by Business Mark on September 22, at the JW Marriott Bucharest Grand Hotel. Roxana joined the discussions in the "THE JOURNEY" panel and addressed current topics, including the management of the employee performance evaluation process from - [Miruna Vlad - speaker at ”Circular Economy of Romania: from the SGR to the reuse and recycling of electronics and industrial materials” conference](https://www.nndkp.ro/events/miruna-vlad-speaker-at-circular-economy-of-romania-from-the-sgr-to-the-reuse-and-recycling-of-electronics-and-industrial-materials-conference/) - On Tuesday, 26 September, Miruna Vlad, Managing Associate in NNDKP`s Environment practice, participated as a speaker at the live online conference ”Circular Economy of Romania: from the Warranty-Return System to the reuse and recycling of electronics and industrial materials”, organized by Curs de Guvernare. During the event, Miruna discussed about the legislative initiatives being implemented - [NNDKP part of the team led by Armstrong Teasdale in London assisting Insight Enterprises, a global solutions integrator in acquiring Amdaris, a European technology company](https://www.nndkp.ro/news/nndkp-part-of-the-team-led-by-armstrong-teasdale-in-london-assisting-insight-enterprises-a-global-solutions-integrator-in-acquiring-amdaris-a-european-technology-company/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international team of advisors that assisted Insight Enterprises, a Fortune 500 Solutions Integrator focused on driving client success through digital transformation, in acquiring Amdaris, a software development and digital services company based in the UK, with service delivery centres located in several Eastern European countries. - [NNDKP recognized once again as a top tier firm by IFLR1000 in its 2023 edition](https://www.nndkp.ro/news/nndkp-recognized-once-again-as-a-top-tier-firm-by-iflr1000-in-its-2023-edition/) - IFLR1000 has released the final rankings for the 2023 edition and NNDKP maintains a leading position with high rankings in 4 areas of practice: Banking and Finance – Tier 1 Project Development – Tier 1 Capital Markets: Equity – Tier 2 M&A – Tier 2 Individually, the directory also ranks 13 NNDKP lawyers: 1 Partner - [SEE Legal Takeover Handbook 2017](https://www.nndkp.ro/articles/2017see-legal-takeover-handbook/) - NNDKP contributed to the South East Europe Legal Takeover Handbook. The aim of this handbook is to provide to in-house counsels, professionals and legal practitioners information which is a must in every M&A deal timeline (triggers for the mandatory takeover bid, deadlines for announcing mandatory and voluntary takeover bids as well as their duration). The - [Romania Chapter - SEE Taking & Enforcing Security Handbook 2015](https://www.nndkp.ro/articles/2015see-legal-securities-2015-2/) - Published in SEE Legal's Southeast Europe Taking & Enforcing Security Handbook 2015 1. SECURITY 1.1 Third party security (upstream and cross-stream guarantees and security). Corporate benefit Generally, under Romanian law, security or other guarantees, which are created by a company to support an obligation of a third party, might raise corporate benefit issues to the - [SEE Legal Energy Guide 2012](https://www.nndkp.ro/articles/2012see-legal-energy-guide-2012/) - 1. Introduction to the energy market The Romanian energy market has developed significantly in the past 10 years; a period during which the legislation has been harmonised with the EU legal framework. Some of the most important privatisation processes in the energy field have been carried out, more specifically the privatisation of electricity and gas - [Romania Chapter - SEE Energy Handbook 2015](https://www.nndkp.ro/articles/2015see-legal-energy-2015/) - Published in SEE Legal's Southeast Europe Energy Handbook 2015 1. INTRODUCTION TO THE ENERGY MARKET The Romanian energy market has developed significantly in the past 14 years; a period during which the legislation has been harmonised to a large extent with the EU legal framework. Some of the most important privatisation processes in the energy - [NNDKP – founding member of the Three Seas Legal Alliance (TSLA)](https://www.nndkp.ro/news/nndkp-founding-member-of-the-three-seas-legal-alliance-tsla/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) announces that it is one of the founding members of the Three Seas Legal Alliance (TSLA), a group of leading law firms from each country of the Three Seas Initiative (3SI) which have come together to provide legal support to the Initiative and the needs of clients with regard - [Roxana Ionescu – recognized as Thought Leader in the Who`s Who Legal: Thought Leaders Data 2023 report](https://www.nndkp.ro/news/roxana-ionescu-recognized-as-thought-leader-in-the-whos-who-legal-thought-leaders-data-2023-report/) - Roxana Ionescu, Partner and Co-Head of NNDKP`s Data Protection practice, has been recognized as a Thought Leader for Romania in the Who`s Who Legal: Thought Leaders Data 2023 report, in the Data Privacy & Protection category. The report recognizes the expertise of world`s foremost practitioners and their extensive experience in the field of data privacy, - [NNDKP shortlisted for the ITR EMEA Tax Awards 2023 by ITR](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-itr-emea-tax-awards-2023-by-itr/) - NNDKP has been shortlisted for the ITR EMEA Tax Awards 2023 by ITR (International Tax Review), in two award categories: Tax Firm of the Year in Romania Tax Disputes Firm of the Year in Romania The two nominations come in recognition of the work performed by NNDKP`s tax advisors and lawyers, and of their extensive - [NNDKP assists a syndicate of banks in providing a EUR 550 million financing to the Ameropa Group](https://www.nndkp.ro/news/nndkp-assists-a-syndicate-of-banks-in-providing-a-eur-550-million-financing-to-the-ameropa-group/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted a syndicate of banks in providing EUR 550 million in financing to the Swiss group Ameropa, which owns some of the largest local agribusiness companies - Azomures, Romania's largest fertilizer producer, Ameropa Grains SA, a major grain trader, and Chimpex, a leader in port operations. The syndicate - [Tax Flash No. 2/2023 - The Council of the EU has adopted Decision 2023/1553 authorizing Romania to make the use of RO e-Factura mandatory](https://www.nndkp.ro/legal-tax-updates/tax-flash-no-2-2023-the-council-of-the-eu-has-adopted-decision-2023-1553-authorizing-romania-to-make-the-use-of-ro-e-factura-mandatory/) - 28.07.2023 – The Council of the EU has adopted Decision 2023/1553 authorizing Romania to make the use of RO e-Factura mandatory The Romanian version of this newsletter is available here. Starting 2024, the electronic invoices are mandatory for B2B transactions. More details are in our previous tax alert, here. Compared to the proposal, the main - [Roxana Ionescu – speaker at the online debate „How to correctly apply the GDPR legislation in PR and Communication”](https://www.nndkp.ro/events/roxana-ionescu-speaker-at-the-online-debate-how-to-correctly-apply-the-gdpr-legislation-in-pr-and-communication/) - On Tuesday, July 18, 2023, Roxana Ionescu, Partner and Co-Head of NNDKP`s Data Protection practice, was a speaker at the online debate „How to correctly apply the GDPR legislation in PR and Communication”, organized by EventsOnline.ro and the Romanian Public Relations Association (RPRA). Together with Catalin Hosu, President, RPRA, and the moderator of the event, - [Alina Radu – speaker at the Romanian Capital Market 2023 New Horizon online event](https://www.nndkp.ro/events/alina-radu-speaker-at-the-romanian-capital-market-2023-new-horizon-online-event/) - On July 13, 2023, Alina Radu, Partner and Head of NNDKP’s Banking and Finance practice, was a speaker at the Romanian Capital Market 2023 New Horizon online event. Alina joined the discussions in the first panel - The impact of Hidroelectrica IPO and Neptun Deep on the Bucharest Stock Exchange. The event was hosted by MIRSANU.RO transaction journal - [Employment Flash No. 12/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-12-2022-latest-news-in-the-labor-law-field/) - 12.12.2022 - Latest news in the labor law field Regarding the minimum gross base salary at national level The Government Decision (GD) no. 1447/08.12.2022 for establishing the minimum gross base salary at national level, approved for payment, was published in the Official Gazette no. 1186 dated December 9, 2022. The present Government Decision establishes that, - [Employment Flash No. 9/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-9-2022-latest-news-in-the-labor-law-field/) - 05.09.2022 - Latest news in the labor law field regarding legal provisions concerning paternal leave The Government Emergency Ordinance (GEO) no. 117/26.08.2022 for the for amending and supplementing the Law no. 210/1999 on the paternal leave was published in the Official Gazette no. 845 dated August 29, 2022. This GEO partially transposes the Directive (EU) - [Employment Flash No. 8/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-8-2022-latest-news-in-the-labor-law-field/) - 15.07.2022 - Latest news in the labor law field - June-July 2022 1. Regarding legal provisions in the field of voluntary work The Law no. 211/12.07.2022 for the amendment of Law no. 78/2014 on the regulation of voluntary work in Romania and for supplementing Law no. 219/2015 on social economy was published in the Official - [Roxana Ionescu - speaker at GoTech World 2021](https://www.nndkp.ro/events/roxana-ionescu-speaker-at-gotech-world/) - The 10-year anniversary edition of GoTech World, the largest IT & Digital business event in Central & Eastern Europe, took place on 10-11 November 2021. The theme of this year’s event was „Revive. Rise. Accelerate the future”. The conference brought together over 130 international and national speakers, who delivered presentations on 9 content-packed stages. Roxana - [Roxana Ionescu - speaker at GoTech World 2022](https://www.nndkp.ro/events/roxana-ionescu-speaker-at-gotech-world-2022/) - Roxana Ionescu, Head of NNDKP’s Data Protection practice, participated in the 2022 edition of the GoTech World conference, the largest IT & Digital business event in Central & Eastern Europe, that took place on 3-4 November 2022. Roxana joined the speakers on the Retail & E-Commerce Stage on the second day of the event. During her presentation she talked - [Employment Flash No. 1/2020 - News on granting days off to parents to supervise their children in case of temporary closing of schools](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-1-2020/) - Law no. 19/2020 on granting days off to parents to watch over their children in case of temporary closing of educational establishments was published within the Official Gazette no. 209 dated March 14, 2020. According to the provisions of this law, in case of temporary closing of educational establishments (e.g. schools, kindergartens etc.), as a - [Employment Flash No. 2/2020 - News on the instating of the state of emergency](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-2-2020/) - The Decree no. 195/16.03.2020 of the President on the instating of the state of emergency on the Romanian territory was published within the Official Gazette no. 212 dated March 16, 2020. The state of emergency has been decreed for a period of 30 days, starting from the moment of publication of President’s Decree within the - [Employment Flash No. 3/2020 - News on the new measures and amendments of some legal provisions, adopted in the context of the current crisis generated by COVID-19](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-3-2020/) - The Government Emergency Ordinance no. 30/18.03.2020 on the amendment and completion of a series of normative acts and establishing some measures in the field of social protection in the context of the current epidemic situation determined by the spreading of the coronavirus was published within the Official Gazette no. 231 dated March 21, 2020. In - [Employment Flash No. 4/2020 - News on the issuance of certificates for emergency situations necessary to access the state support for certain employers, in the context of the current pandemic crisis](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-4-2020/) - The Order of the Minister of Economy, Energy and the Business Environment no. 791/24.03.2020 on granting certificates for emergency situations to the economic operators whose activity is impacted in the context of the SARS-CoV-2 pandemic was published within the Official Gazette no. 248 dated March 25, 2020. This piece of legislation provides that the Ministry - [Employment Flash No. 5/2020 - News on the state support for technical unemployment and on the latest measures with impact for the employment domain](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-5-2020/) - The Government Emergency Ordinance no. 32/26.03.2020 on the amendment and completion of the GEO no. 30/2020, establishing some measures in the field of social protection in the context of the epidemic situation determined by the spreading of the SARS-CoV-2 coronavirus and for the establishment of additional social protection measures was published within the Official Gazette - [Employment Flash No. 6/2020 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-6-2020/) - The Government Emergency Ordinance no. 41/02.04.2020 on the amendment and completion of Law no. 19/2020 on granting some days off to parents in order to supervise their children in case of temporary closing of educational establishments was published within the Official Gazette no. 282, dated 3 April, 2020. This normative act provides that the days - [Employment Flash No. 7/2020 - Latest news on the state of alert and the measures established](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-7-2020/) - The Government Emergency Ordinance no. 70/14.05.2020 regarding some measures applicable starting 15 May 2020, in the context of the epidemiologic situation determined by the spreading of SARS-COV-2 virus was published within the Official Gazette no. 394, dated 14 May 2020. This normative act establishes a series of measures in various domains, applicable during the state - [Employment Flash No. 8/2020 - Latest news on specific measures established for the state of alert](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-8-2020/) - The Government Decision no. 394/18.05.2020 on declaring the state of alert and the measures that apply during this period against the effects of the COVID-19 pandemic and the Annexes thereof were published within the Official Gazette no. 410, dated 18 May 2020. By means of this Government Decision, the state of alert is declared upon - [Employment Flash No. 9/2020 - Latest news on the obligation to wear protective masks, on the epidemiological triage and on the application of the law granting paid days off to parents](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-9-2020/) - The Joint Ministerial Order of the Minister of Health and the Minister of Internal Affairs no. 847/22.05.2020 on establishing the obligation to wear protective masks, the epidemiological triage and the mandatory disinfection of hands and for the prevention of contamination with the SARS-CoV-2 virus during the state of alert was published within the Official Gazette - [Employment Flash No. 10/2020 - Latest news on the state support measures, the medical leave in case of COVID-19 and measures of protection and safety for organization of certain activities](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-10-2020/) - The Government Emergency Ordinance no. 92/28.05.2020 establishing some active measures of support for employees and employers in the epidemiological situation determined by the spreading of the SARS-COV-2 virus and also providing changes on some normative acts was published within the Official Gazette no. 459, dated 29 May 2020. By means of this GEO, the following - [Employment Flash No. 11/2020 - News on the templates of the documents necessary to apply for state support of a part of the salary for a category of employees](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-11-2020/) - The Order of the president of the National Workforce Agency no. 457/03.06.2020 on the approval of the templates for the documents provided by the Art. II Para. (2) of GEO no. 92/2020 has been published within the Official Gazette no. 481 dated 5 June 2020. The three documents necessary in order to apply for the - [Employment Flash No. 12/2020 - News on the prolongation of the state of alert](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-12-2020/) - The Government Decision no. 476/16.06.2020 on prolonging the state of alert on Romanian territory and establishing the measures that apply during this period to prevent and fight against the effects of the COVID-19 pandemic has been published within the Official Gazette no. 515 dated 16 June 2020. This normative act establishes the prolongation of the - [Employment Flash No. 13/2020 - News on the fines sanctioning non-compliance with the provisions regarding overtime](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-13-2020/) - The Law no. 85/2020 for the amendment of Art. 260, Para. (1), Letter i) of Law no. 53/2020 – the Labour Code has been published within the Official Gazette no. 525 dated 18 June 2020. This normative act establishes that non-compliance with the legal provisions regarding overtime represents an administrative offense and is sanctioned with - [Employment Flash No. 14/2020 - News on the templates for the documents necessary in order to access different types of state support and on some amendments of the measures imposed during the state of alert](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-14-2020/) - The Order of the President of the National Agency for Workforce Occupation no. 491/25.06.2020 on the amendment of Annex no. 3 of the Order of the President of the National Agency for Workforce Occupation no. 457/2020 regarding the approval of the template documents provided by art. II, para. (2) of GEO no. 92/2020 has been - [Employment Flash No. 15/2020 - News on the prolongation of the state of alert and on the applicable measures](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-15-2020/) - 17.07.2020 - The Government Decision no. 553/15.07.2020 on the prolongation of the state of alert on Romanian territory starting 17th of July 2020 and establishing the measures that apply for the prevention and fighting against the effects of the COVID-19 pandemic has been published within the Official Gazette no. 627 dated July 16th, 2020. According - [Employment Flash No. 16/2020 - News on the state support for technical unemployment, discrimination and harassment at the workplace, the Electronic registry for the record of daily workers and special provisions for disabled persons](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-16-2020/) - 27.07.2020 - The Emergency Government Ordinance no. 120/22.07.2020 on the establishment of some support measures for employees and employers in the context of the epidemiological situation determined by the spreading of the SARS-CoV-2 coronavirus has been published within the Official Gazette no. 658 dated July 24th, 2020. According to this normative act, the employees of - [Employment Flash No. 17/2020 - News on different types of state support granted to employers and new methods of flexible work organization, moral harassment at the workplace, granting medical leaves and corresponding allowances](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-17-2020-2/) - 11.08.2020 - The Government Emergency Ordinance no. 132/07.08.2020 on the establishing a series of support measures for employees and employers in the context of the epidemiological situation determined by the spreading of the SARS-CoV-2 virus as well as for the stimulation of workforce occupation was published within the Official Gazette no. 720 dated August 10th, - [Employment Flash No. 18/2020 - News regarding posting of workers for transnational provision of services](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-18-2020-news-regarding-posting-of-workers-for-transnational-provision-of-services/) - 17.08.2020 - The Law no. 172/13.08.2020 on amending and completing the Law no. 16/2017 regarding the posting of workers for transnational provision of services was published within the Official Gazette no. 736 dated August 13th, 2020. This law aims at aligning the Romanian legislation in line with the European legal framework, as amended by the - [Employment Flash No. 19/2020 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-19-2020/) - 01.09.2020 - Amendment of the measures applicable in the current state of alert, the procedure for settlement and payment of the state support sums under GEO no. 132/2020 and paid days off for parents The Government Decision no. 729/31.08.2020 on the amendment and completion of Annex no. 3 to the GD no. 668/2020 on the - [Employment Flash No. 20/2020 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-20-2020/) - 14.09.2020 - News regarding the template documents and the corresponding procedure for accessing the state support for teleworking activity, as well as for the settlement from the state budget of the sums corresponding to paid days off granted to parents The Ministerial Order no. 1376/09.09.2020 on establishing the manner of granting the financial support and - [Employment Flash No. 21/2020 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-21-2020/) - 02.10.2020 - News regarding the latest amendments to the Labor Code on assistance by an external consultant specialized in labor law, during some essential phases of the employment relation The Law no. 213/30.09.2020 on amending and completing the Law no. 53/2003 – the Labor Code has been published within the Official Gazette no. 893 dated - [Ius Laboris - Immigration and Mobility Update - October 2020](https://www.nndkp.ro/legal-tax-updates/employment/ius-laboris-immigration-and-mobility-update/) - 06.10.2020 - Ius Laboris published the latest edition of the Immigration and Mobility Update which shows the changes in global mobility and immigration from around the world over the past two months. NNDKP is the exclusive contributor for the Romanian section, which is available below: Country or region: Romania Title: Some exceptions introduced to work - [Employment Flash No. 22/2020 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-22-2020/) - 10.11.2020 - The Government Emergency Ordinance no. 192/05.11.2020 on amending and completing the Law no. 55/2020 regarding some measures for the prevention and combating the COVID-19 pandemic, as well as on amending letter a) an art. 7 of Law no. 81/2018 regarding the teleworking activity has been published within the Official Gazette no. 1042 dated - [Employment Flash No. 23/2020 - News regarding state support measures](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-23-2020/) - 08.12.2020 - The Government Emergency Ordinance no. 211/04.12.2020 on extending the application of some social protection measures adopted in the context of the spread of the SARS-CoV-2 coronavirus, as well as on amendment of the GEO no. 132/2020 on state support measures for employees and employers in the context of the epidemiological situation caused by - [Employment Flash No. 24/2020 - News on certain types of state support](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-24-2020/) - 10.12.2020 - The Law no. 282/08.12.2020 on approval of the GEO no. 132/2020 on support measures for employees and employers in the context of the epidemiological situation caused by the spread of SARS-CoV-2 coronavirus, as well as for stimulating employment growth was published within the Official Gazette no. 1201 dated December 9, 2020. The law - [Employment Flash No. 1/2021 - News on certain types of state support](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-1-2021/) - 04.01.2020 - The Government Emergency Ordinance no. 220/30.12.2020 on 2020 on the application of social protection measures after January 1, 2021 in the context of the spread of SARS-CoV-2 coronavirus, as well as for the amendment of some normative acts was published within the Official Gazette no. 1326 dated December 31, 2020. First of all, - [Employment Flash No. 2/2021 - News on certain types of state support](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-2-2021/) - 14.01.2020 - News on the minimum salary, prolongation of the state of alert and procedure for accessing some measures of state support The Government Decision no. 4/13.01.2021 on the establishment of the minimum gross base salary guaranteed for payment at national level was published within the Official Gazette no. 40 dated January 13th, 2021. According - [Employment Flash No. 3/2021 - News on the state support granted for temporary reduction of working time (“Kurzarbeit”)](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-3-2021/) - 06.04.2021 - The Law no. 58/02.04.2021 for approving the GEO no. 211/2020 and amendment of GEO 132/2020 was published in the Official Gazette no. 345 dated April 5th, 2021 These new legal provisions introduce a series of amendments of articles wording, certain values/limits and conditions to be met regarding the possibility to temporarily reduce the - [Employment Flash No. 4/2021 - News on the general template documents for technical unemployment support and days off for parents](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-4-2021/) - 07.04.2021 - The Ministerial Order no. 214/22.02.2021 for approving the template documents provided by art. 53¹ para. (12) of the Labor Code was published within the Official Gazette no. 350 dated April 6th, 2021. These new legal provisions introduce the templates for the documents that have to be submitted by employers in order to obtain - [Employment Flash No. 5/2021 - News on certain measures aimed to encourage returning to work following parental leave](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-5-2021/) - 12.04.2021 - The Government Emergency Ordinance no. 26/07.04.2021 for the amendment and completion of the GEO no. 111/2010 on the parental leave and monthly allowance was published within the Official Gazette no. 363 dated April 7th, 2021. The main legal amendments introduced by the new legal provisions are centered on an increase in the amounts - [Employment Flash No. 6/2021 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-6-2021/) - 10.05.2021 - The government has adopted GEO no. 36/2021 and GEO no. 37/2021, recently published within the Official Gazette. Electronic signature in employment documents The first set of amendments provided by the new normative act introduce expressly the possibility of concluding the individual employment agreement or addenda thereof using the qualified electronic signature or the - [Employment Flash No. 7/2021 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-7-2021/) - 23.06.2021 - The Government Decision no. 654/16.06.2021 amending and completing the Methodological Norms regarding the posting of employees within provision of transnational services on the Romanian territory was published within the Official Gazette no. 611 dated June 18th, 2021. According to the provisions of the Government Decision, the following main aspects have been amended / - [Employment Flash No. 8/2021 - Latest news in the labor law field – amendments to certain measures in the pandemic context](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-8-2021/) - 13.07.2021 - The Order of Health Ministry and the Ministry of Internal Affairs no. 1204/99/09.07.2021 completing the Order no. 874/81/2020 instating of the obligation to wear a protective mask, that of epidemiological triage and mandatory hand disinfection to prevent contamination with SARS-CoV-2 virus during the state of alert was published within the Official Gazette no. - [Employment Flash No. 9/2021 - Latest news in the labor law field – electronic signature used in employment relations and the updated template for employment contracts](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-9-2021-latest-news-in-the-labor-law-field-electronic-signature-used-in-employment-relations-and-the-updated-template-for-employment-contracts/) - 22.07.2021 - The Law no. 208/21.07.2021 for approval of GEO no. 36/2021 on the use of advanced electronic signatures or qualified electronic signatures, accompanied by the electronic time stamp or qualified electronic time stamp and qualified electronic seal of the employer in the field of labor relations, and for amending and supplementing some normative acts - [Employment Flash No. 10/2021 - Latest news in the labor law field – granting paid days off for vaccination](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-10-2021/) - 27.07.2021 - The Law no. 221/26.07.2021 for the completion of Law no.55/2020 regarding some measures for preventing and combating the effects of the COVID-19 pandemic was published within the Official Gazette no. 732 dated July 26, 2021. According to this normative act, employees who are vaccinated against COVID-19 benefit, upon request, of one paid day - [Employment Flash No. 11/2021 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-11-2021/) - 07.10.2021 - Regarding the amendments to the Labor Code, minimum salary, nursery vouchers and meal vouchers and various types of state support measures. Regarding the amendments to the Labor Code Emergency Ordinance no. 117/5.10.2021 for the amendment and completion of Law no. 53/2003 – Labor Code was published in the Official Gazette no. 951 of October - [Employment Flash No. 12/2021 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-12-2021/) - 27.10.2021 - Regarding the amendments to the Government Decision on extending the state of alert within Romanian territory and the obligation to wear a protective mask and perform the epidemiological triage. Regarding the amendments to the Government Decision on extending the state of alert within Romanian territory Romanian Government Decision no. 1130/22.10.2021 for the amendment - [Employment Flash No. 13/2021 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-13-2021/) - 15.12.2021 - Latest news in the labor law field regarding the amendments to the sanctions provided by the Law no. 55/2020 on certain measures of prevention and combating the effects of the COVID-19 pandemic The Law no. 295/13.12.2021 for the amendment and completion of Law no. 55/2020 on certain measures of prevention and combating the - [Employment Flash No. 14/2021 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-14-2021/) - 21.12.2021 - Latest news in the labor law field regarding the amendments to a series of aspects in the employment field including payment of minimum gross base salary and granting value tickets The Government Emergency Ordinance no. 130/17.12.2021 regarding certain fiscal-budgetary measures, the extension of certain terms and the amendment and completion of certain legislative - [Employment Flash No. 1/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-1-2022/) - 20.01.2022 - Latest news in the labor law field regarding the re-activation of the state support for technical unemployment, in the current pandemic context The Government Emergency Ordinance no. 2/19.01.2022 laying down measures for the social protection of employees and other occupational categories in the context of the prohibition, suspension or restriction of economic activities - [A guide for Ukrainian citizens in Romania: Border crossing. Refugee statute. Residence](https://www.nndkp.ro/news/a-guide-for-ukrainian-citizens-in-romania-border-crossing-refugee-statute-residence/) - Updates as of 22.03.2022: Ukrainian citizens fleeing their homeland due to the ongoing crisis are welcome to Romania, where they will receive protection and necessary support. During their stay in Romania, accommodation, food and medical services are accessible for Ukrainians seeking safety from the ongoing military invasion, as a result of a combined effort of - [Employment Flash No. 2/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-2-2022/) - 06.04.2022 - Latest news in the labor law field regarding the unified public pension system and the value of a meal voucher The Law no. 76/04.04.2022 supplementing Article 106 of Law no. 263/2010 on the unified public pension system was published in the Official Gazette no. 333 of April 5, 2022. As it was previously provided - [Employment Flash No. 3/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-3-2022/) - 12.04.2022 - Latest news in the labor law field regarding a new form of state support for technical unemployment, in the context of the effects of the armed conflict in Ukraine The Government Emergency Ordinance no. 36/06.04.2022 on establishing social protection measures for employees in the context of the armed conflict in Ukraine and following - [Employment Flash No. 4/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-4-2022/) - 29.04.2022 - Latest news in the labor law field regarding the regulation of the activity of the domestic provider and the social protection measures for employees in the context of the armed conflict in Ukraine and as a result of international sanctions against the Russian Federation and Belarus On the regulation of the activity of - [Employment Flash No. 5/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-5-2022-latest-news-in-the-labor-law-field/) - 18.05.2022 - Latest news in the labor law field regarding the most recent developments on salary thresholds in the agricultural sector and food industry The Law no. 135/13.05.2022 for the amendment and completion of certain normative acts was published in the Official Gazette no. 489 of May 17, 2022. The new legal provisions establish that - [Employment Flash No. 6/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-6-2022-latest-news-in-the-labor-law-field/) - 25.05.2022 - Latest news in the labor law field regarding the most recent developments with respect to the General Registry of Employees (REVISAL) The Law no. 144/20.05.2022 for the amendment and completion of art. 34 of Law no. 53/2003 – the Labour Cod was published in the Official Gazette no. 502 of May 23, 2022. The - [Employment Flash No. 7/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-7-2022-latest-news-in-the-labor-law-field/) - 02.06.2022 - Latest news in the labor law field regarding prolongation of the period when state support for Kurzarbeit is applicable The Government Emergency Ordinance no. 73/30.05.2022 supplementing GEO no. 132/2020 on support measures for employees and employers in the context of the epidemiological situation caused by the spread of the SARS-CoV-2 coronavirus, and - [Employment Flash No. 10/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-10-2022-latest-news-in-the-labor-law-field/) - 21.10.2022 - Latest news in the labor law field regarding a series of legal amendments to the Labour Code and implications for employment relations The Law no. 283/17.10.2022 amending and supplementing Law no. 53/2003 - Labour Code and the Government Emergency Ordinance no. 57/2019 on the Administrative Code was published in the Official Gazette no. - [Employment Flash No. 11/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-11-2022-latest-news-in-the-labor-law-field/) - 09.12.2022 - Latest news in the labor law field 1. On the legal provisions regarding the child-raising (parental) leave The Government Emergency Ordinance (GEO) no. 164/29.11.2022 for amending and supplementing GEO No. 111/2010 on child-raising (parental) leave and monthly child-raising allowance was published in the Official Gazette no. 1173 dated December 7, 2022. This GEO - [Employment Flash No. 13/2022 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-13-2022-latest-news-in-the-labor-law-field/) - 23.12.2022 - Latest news in the labor law field On granting the carer’s leave The Ministerial Order no. 2172/2022 on granting the carer’s leave was published in the Official Gazette no. 1241 dated December 22, 2022. The new Order provides a number of conditions applicable in case of granting the carer's leave, in particular with - [Employment Flash No. 1/2023 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-1-2023-latest-news-in-the-labor-law-field/) - 08.03.2023 – Latest news in the labor law field 1. On the new legal provisions designating the collective negotiation sectors The Government Decision (GD) no. 171/01.03.2023 on the establishment of collective bargaining sectors and the related NACE codes was published in the Official Gazette no. 190 dated March 7, 2023. Following the adoption of the - [Employment Flash No. 2/2023 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-2-2023-latest-news-in-the-labor-law-field/) - 03.04.2023 – Latest news in the labor law field 1. On the new provisions regarding accommodation (adoption) leave The Law no. 70/29.03.2023 amending art. 50 (1) of Law no. 273/2004 on the adoption procedure was published in the Official Gazette no. 265 dated March 30, 2023. The duration of accommodation leave that may be accessed - [Employment Flash No. 3/2023 - Latest news in the labor law field](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-no-3-2023-latest-news-in-the-labor-law-field/) - 29.05.2023 – Latest news in the labor law field On a series of amendments to the provisions of the Social Dialogue Law and the Labor Code The Government Emergency Ordinance (GEO) no. 42/24.05.2023 amending and supplementing Law No 367/2022 on social dialogue and Law No. 53/2003 was published in the Official Gazette no. 459 dated - [Patent marking in Romania](https://www.nndkp.ro/articles/patent-marking-in-romania/) - Authors: Dariana Istrate and Luciana Anghel 1. Definition & Legal Provisions Indicating a patent number on the product or, when in the course of issuing such, the “patent pending” indication applied on either the packaging or the product itself, is typically understood in IP terms as “patent marking”. Patent marking is not mandatory in Romania - [Amendments to the Implementing Regulations of the Trademarks Law](https://www.nndkp.ro/articles/amendments-to-the-implementing-regulations-of-the-trademarks-law/) - Authors: Florina Firaru, Dariana Istrate, Luciana Anghel The long – awaited publication of the amendments to the Government Decision No. 1134/2010 on the approval of the Implementing Regulations of Law 84/1998 on Trademarks and Geographical Indications, republished, (the “Trademarks Regulation”) brought by the Government Decision no. 1197/2022, took place on 7 October 2022, when the - [Latest news in the intellectual property field regarding amendments to the Implementing Regulations of the Trademarks Law](https://www.nndkp.ro/legal-tax-updates/latest-news-in-the-intellectual-property-field-regarding-amendments-to-the-implementing-regulations-of-the-trademarks-law/) - The long – awaited publication of the amendments to the Government Decision No. 1134/2010 on the approval of the Implementing Regulations of Law 84/1998 on Trademarks and Geographical Indications, republished, (the “Trademarks Regulation”) brought by the Government Decision no. 1197/2022, took place on 7 October 2022, when the amendments also entered into force. Following the - [Re-place Your Bets](https://www.nndkp.ro/articles/replace-your-bets/) - Published in "Casino Inside", issue 62 The reform process of the Romanian gambling industry, commenced in 2015 by establishing a new legal framework aimed to align the relevant market to the new economic realities, continues also in 2016 with the entering into force of an important regulation for the gambling domain. Thus, on February 26th, - [The Technical Regulations with Respect to the Central IT System of Remote Gambling Operators in Romania: No Longer a Mystery](https://www.nndkp.ro/articles/new-legislation-gaming-7/) - Published in "Casino Inside", issue 57 Following the numerous discussions on the IT software requirements that remote gambling operators in Romania should fulfill, the longawaited technical regulations were published on August 12th, 2015, on the National Office for Gambling (NOG) website - thus removing the uncertainty of this subject and providing a first support to - [A new premiere in the Romanian gambling industry](https://www.nndkp.ro/articles/new-premiere-in-the-romanian-gambling-industry/) - Published in "Casino Inside", issue 63 Thus, just one month after the coming into force of the Methodological Norms, there appeared the first significant consequences of a legal framework, that finally actually enables service providers of the gambling market to apply and obtain a Class 2 license for the specific services supplied to gambling organizers, - [Sunny Days in the Horizon](https://www.nndkp.ro/articles/sunny-days-in-the-horizon/) - 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 - [Arbitrations worth over EUR 50 million successfully finalized by NNDKP](https://www.nndkp.ro/news/arbitrations-worth-over-eur-50-million-successfully-finalized-by-nndkp/) - NNDKP has successfully finalized the two successive arbitration cases related to the design and execution of one of the four sections of the Sebes-Turda motorway. These arbitrations, which started in 2017 and 2019, respectively, and spanned more than 3 years each, were related to the claims raised by the Contractor – extension of time, additional - [NNDKP wins new trophies at the Romanian Legal Awards 2023 Gala](https://www.nndkp.ro/news/nndkp-wins-new-trophies-at-the-romanian-legal-awards-2023-gala/) - NNDKP was awarded 3 trophies at the Romanian Legal Awards 2023 Gala, in recognition of the outstanding performance and exceptional work carried out in 2022 by our teams: Competition, State Aid and EU Law Energy and Natural Resources Environment Iurie Cojocaru (Partner, Environment), Anca Diaconu (Partner, Competition, State Aid and EU Law), Emanuel Flechea (Managing - [NNDKP CELF Alert No. 4/2023 – New regulations in the area of control topics with litigation potential](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-no-4-2023-new-regulations-in-the-area-of-control-topics-with-litigation-potential/) - 4.07.2023 - Order 920/2023 regarding high-net worth individuals was published in the Official Gazette no. 585 The Romanian version of this newsletter is available here. In order to ensure fiscal compliance, NAFA notifies individuals who are part of the group of high-net worth individuals, presenting in detail the elements on the basis of which their wealth was estimated. - [NNDKP CELF Alert No. 3/2023 – CJEU ruled that toll manufacturing arrangements do not create VAT fixed establishments in the country of the service provider](https://www.nndkp.ro/legal-tax-updates/cjeu-ruled-that-toll-manufacturing-arrangements-do-not-create-vat-fixed-establishments-in-the-country-of-the-service-provider/) - 30.06.2023 - CJEU ruled that toll manufacturing arrangements do not create VAT fixed establishments in the country of the service provider The Romanian version of this newsletter is available here. On 29 June 2023, in case C-232/22 Cabot Plastics, the CJUE decided that a taxable person established outside the EU does not have a fixed - [Alina Radu - speaker at "ZF Bankers Summit 2023"](https://www.nndkp.ro/events/alina-radu-speaker-at-zf-bankers-summit-2023/) - Alina Radu, Partner and Head of NNDKP’s Banking and Finance practice, was a speaker at the 12th edition of "ZF Bankers Summit", a flagship event for the banking and finance market in Romania that took place between 26-28 June 2023. Alina took part in a one-to-one discussion on the first day of the conference, starting - [Anca Diaconu - speaker at the seminar “EU Single Market - 30 years in support of the business community“](https://www.nndkp.ro/events/anca-diaconu-speaker-at-the-seminar-eu-single-market-30-years-in-support-of-the-business-community/) - On 23 June, 2023, Anca Diaconu, Partner, Competition, State Aid and EU law practice, was a speaker at the seminar EU Single Market - 30 years in support of the business community, organized by the Enterprise Europe Network Centre of the Chamber of Commerce, Industry, Navigation and Agriculture Constanta. The event brought up topics of interest for companies - [Tax Flash No. 1/2023 - The Proposal for a Decision authorizing Romania to make the use of RO e-Factura mandatory was submitted to the Council of the EU by the European Commission](https://www.nndkp.ro/legal-tax-updates/tax-flash-no-1-2023-the-proposal-for-a-decision-authorizing-romania-to-make-the-use-of-ro-e-factura-mandatory-was-submitted-to-the-council-of-the-eu-by-the-european-commission/) - 29.06.2023 – The Proposal for a Decision authorizing Romania to make the use of RO e-Factura mandatory was submitted to the Council of the EU by the European Commission Background Through GEO no. 120/2021 subsequently approved with amendments via law no. 139/2022, Romania introduced a public system for to issue, transmit and receive invoices in - [Anca Diaconu - speaker at the event ”New developments in competition at European level - more unpredictability on the M&A market”](https://www.nndkp.ro/events/anca-diaconu-speaker-at-the-event-new-developments-in-competition-at-european-level-more-unpredictability-on-the-ma-market/) - On Monday, 26 June, 2023, Anca Diaconu, Partner, Competition, State Aid and EU law practice, was a speaker at the ”New developments in competition at European level - more unpredictability on the M&A market” online debate, organized by Juridice.ro. More details about the event are available here. ________ Juridice.ro is a leading legal platform in - [Alina Timofti - speaker at the conference "ZF Biggest Players in the Economy 2023: How do we distribute the economic development at regional level?"](https://www.nndkp.ro/events/alina-timofti-speaker-at-the-conference-zf-biggest-players-in-the-economy-2023-how-do-we-distribute-the-economic-development-at-regional-level/) - On Wednesday, 21 June, Ziarul Financiar organized the conference "ZF Biggest Players in the Economy 2023: How do we distribute the economic development at regional level?", an event that gathered in one place representatives of the largest companies in the local economy from various fields of activity, as well as financial institutions and authorities. Alina - [Alexandru Aman - speaker at the annual Global Industrial Cooperation Association (GICA) Spring Conference 2023](https://www.nndkp.ro/events/alexandru-aman-speaker-at-the-annual-global-industrial-cooperation-association-gica-spring-conference-2023/) - Alexandru Aman, Counsel, Public Procurement and PPP practice, was a speaker at the annual Global Industrial Cooperation Association (GICA) Spring Conference that took place between June 13-16, 2023 in Oslo. Alexandru joined Tomasz Darowski and Petr Kadlec in the panel “Industrial Cooperation in Central Europe from the Perspective of Poland, Romania, and the Czech Republic" - [NNDKP Legal & Tax Conference, Cluj-Napoca edition](https://www.nndkp.ro/news/nndkp-legal-tax-conference_cluj-napoca-edition/) - On 19 February 2020, NNDKP and Ziarul Financiar organized the Cluj-Napoca edition of the Legal & Tax conference titled "How do we manage tax and (macro)economics risks in 2020?" at Hotel Platinia in Cluj-Napoca. During the first part of the conference, our lawyers and consultants, members of NNDKP CELF, tackled several topics related to the Romanian - [NNDKP Legal & Tax Conference, 2nd edition 2019](https://www.nndkp.ro/news/nndkp-legal-tax-conference-2019/) - On 6 November 2019, NNDKP and Ziarul Financiar organized the second edition of the Legal & Tax conference titled "How do we manage tax and macro(economics) risks in 2020?". During the first part of the conference, our lawyers and consultants and their guest tackled topics of interest related to the Romanian economy: How do we - [NNDKP Legal & Tax Conference, 4th edition 2020](https://www.nndkp.ro/events/nndkp-legal-tax-conference-4th-edition-2020/) - On 15 October 2020, NNDKP and Ziarul Financiar organized the 4th edition of the Legal & Tax conference, which took place exclusively online. The central theme of the event revolved around the question “How is Romania managing the impact of the global pandemic on the local economy?”. During this year’s edition of the event, NNDKP attorneys and consultants and their - [NNDKP Legal & Tax Conference, 6th edition 2021](https://www.nndkp.ro/events/nndkp-legal-tax-conference-6th-edition-2021/) - On 6 October 2021, NNDKP and Ziarul Financiar organized the 6th edition of the Legal & Tax conference, titled “What will be the impact of NRRP in the economy and business environment? What are the fiscal and legislative changes that will come?”. During the first part of the event, NNDKP attorneys and counselors and their guests from the local medical - [NNDKP Legal & Tax Conference 7th edition 2022](https://www.nndkp.ro/events/nndkp-legal-tax-conference-7th-edition-2022/) - On 12 October 2022, NNDKP and Ziarul Financiar organized the 7th edition of the Legal & Tax conference, titled “2022, an (even) more complicated year. The impact of tax and energy law changes on businesses”. The event kicked off with a debate centered around topical issues in the context of the recent geopolitical and macroeconomic developments, including: the main tax - [Sorina Olaru – speaker at Bucharest Arbitration Days (BARD) 2023](https://www.nndkp.ro/events/sorina-olaru-speaker-at-bucharest-arbitration-days-bard-2023/) - Sorina Olaru, Partner in our Dispute Resolution Practice and a seasoned litigator, moderated the 7th panel discussion during Bucharest Arbitration Days (BARD 2023) – Investment Arbitration Perspectives: Cost and Time, Digitalization, Expedited Arbitration that took place on June 9th, starting 14:15 (Romania time). More details about the event, the line-up of speakers and registration are - [Marius Ezer – speaker at the “Insolvency Market Trends” conference, organized by Juridice.ro](https://www.nndkp.ro/events/sorina-olaru-speaker-at-bucharest-arbitration-days-bard-2023-2/) - On Friday, June 9, 2023, Marius Ezer, Partner in our Dispute Resolution practice, was a speaker at the “Insolvency Market Trends” conference, organized by Juridice.ro. Marius delivered a presentation focusing on the “Challenges related to financing and the bond regime in the insolvency procedure”. The event took place exclusively online. More details about the event - [NNDKP hosted the ArbitralWomen Networking Reception](https://www.nndkp.ro/events/nndkp-hosted-the-arbitralwomen-networking-reception/) - It has been an absolute pleasure for NNDKP to host on June 9, 2023 the ArbitralWomen Networking Reception together with ArbitralWomen. The event was a wonderful opportunity to discuss female representation and diversity in international arbitration and exchange views with fellow professionals in the world of international arbitration in an open atmosphere. The reception kicked - [Sorina Olaru - speaker at the conference "The new coordinates of commercial arbitration - Towards a modern procedure to serve companies' interests"](https://www.nndkp.ro/news/sorina-olaru-speaker-at-the-conference-the-new-coordinates-of-commercial-arbitration-towards-a-modern-procedure-to-serve-companies-interests/) - On November 18, 2016, the Court of International Commercial Arbitration of 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" Sorina Olaru was invited as speaker at the - [Cristina Bidiga - Speaker at the Cluj 2016 HR Summit Conference](https://www.nndkp.ro/news/cristina-bidiga-speaker-at-the-cluj-2016-hr-summit-conference/) - During March 17 and 18, the annual HR Summit conference was organized in Cluj-Napoca. NNDKP was a partner of the event. Cristina Bidiga was a speaker on the first day of the conference, with a presentation on Formalities upon the termination of the employment agreement – from impediments to advantages. The participants presented and discussed - [NNDKP at SiGMA iGaming Malta 2018](https://www.nndkp.ro/events/nndkp-at-sigma-igaming-malta-2018/) - Between 28-30 November 2018 NNDKP will be at the fifth edition of SiGMA expo organized at the Malta Fairs and Conventions Centre in Ta’ Qali. - [NNDKP at the conference on Competition Compliance for Professional Associations](https://www.nndkp.ro/news/nndkp-conference-competition/) - Our Partner, Georgeta Dinu, head of Competition, State Aid and EU Law practices is invited as a speaker. - [NNDKP Tax Advisory Services at Tax EU Forum 2019](https://www.nndkp.ro/events/nndkp-tax-eu-forum-2019/) - Between 14-15 February 2019, NNDKP Tax Advisory Services was at Tax EU Forum, organized by Evensys in Bucharest. The 13th edition of the forum tackled the most important legislative and tax challenges in 2019 with focus on the new legislative changes and their impact on the Romanian tax environment. Our Tax advisors Alina Timofti, Alexandru - [Training for National Judges in EU Competition Law](https://www.nndkp.ro/news/training-eu-competition-law/) - Georgeta Dinu, Partner and head of our Competition, State Aid and EU Law practices is invited as a speaker in the State Aid session of the training. - [NNDKP at ICE London 2019](https://www.nndkp.ro/events/nndkp-at-ice-london-2019/) - Ana-Maria Baciu and Cosmina Simion will be speakers at the event. - [NNDKP at a seminar on critical/legal contractual issues related to FIDIC contracts](https://www.nndkp.ro/events/nndkp-new-fidic-2017-contracts/) - On 8 March 2019, NNDKP was at the New FIDIC 2017 Contracts, a seminar organized by Prime Consulting at Premier Palace in Bucharest, Romania. Our Partner, Razvan Vlad was one of the speakers at the event, which focused on the Romanian legal aspects related to CCMS (Construction Claims Management Systems, DAB, statutes of limitations with - [NNDKP at CIO Conference 2019](https://www.nndkp.ro/events/nndkp-at-cio-conference-2019/) - Roxana Ionescu will be a speaker. - [NNDKP - proud sponsor of the first edition of Bucharest Arbitration Days](https://www.nndkp.ro/events/nndkp-bucharest-arbitration-days-2019/) - On 6 and 7 June 2019, The Court of International Commercial Arbitration of the Chamber of Commerce and Industry of Romania organized the first edition of Bucharest Arbitration Days, an event dedicated to international arbitration and the necessary reforms in this field. The event took place at CCIR Business Center in Bucharest and brought together - [NNDKP at DRBF's CEE Conference and Workshops](https://www.nndkp.ro/events/nndkp-drbf-conference-2019/) - Roxana Ionescu will be a speaker. - [NNDKP at CEDER 2019](https://www.nndkp.ro/events/nndkp-at-ceder-2019/) - NNDKP was at CEDER 2018. Our Partner Ioana Niculeasa was invited as a speaker in the panel "Residential investment: do the numbers still stack up?". - [NNDKP at ZF Bankers Summit 19](https://www.nndkp.ro/events/nndkp-at-zf-bankers-summit-19/) - On 2 July 2019, NNDKP was at ZF Bankers Summit 2019, organized by Ziarul Financiar at Radisson Blu, Bucharest. Our Partner Alina Radu, head of our Banking and Finance practice, was invited as a speaker at the event. More details about the event are available here. - [NNDKP at the Annual Corporate M&A Forum](https://www.nndkp.ro/events/nndkp-at-the-annual-corporate-ma-forum/) - On 9 and 10 July 2019, NNDKP attended the 5th Annual Corporate M&A Forum organized by the Global Leaders Forum in London. Ruxandra Bologa, Partner and co-head of our Corporate/M&A practice co-moderated a roundtable discussion on the topic of Due Diligence and Compliance challenges in cross-border transactions. The Global Leaders Forum is an exclusive members’ - [NNDKP at GCR Annual State Aid Conference](https://www.nndkp.ro/events/nndkp-gcr-annual-state-aid-conference/) - On 17 September 2019, NNDKP attended the 4th Annual Live State Aid conference organized by the Global Competition Review in Brussels, Belgium. Georgeta Dinu, Partner and head of Competition, State Aid and EU Law practices was a speaker in the panel "State Aid and Tax Ruling", which looked at the developing views on fundamental topics - [NNDKP at HR Uncovered](https://www.nndkp.ro/events/nndkp-at-hr-uncovered/) - On 25 and 26 September 2019, NNDKP attended HR Uncovered, an event organized by Business Mark in Bucharest, Romania. Roxana Abrasu, Managing Associate and co-head of our Employment practice was one of the speakers at the event. More details about the event, agenda and speakers are available here. - [NNDKP at EXPO REAL 2019](https://www.nndkp.ro/events/nndkp-at-expo-real-2019/) - Between 7-9 October 2019, Ioana Niculeasa, the head of NNDKP's Real Estate practice and Vlad Tanase, Partner in the same practice area, attended Expo Real in Munich, the largest real estate and investment trade fair in Europe, where they shared their views on real estate trends, opportunities and challenges. - [NNDKP at HR Summit](https://www.nndkp.ro/events/nndkp-at-hr-summit/) - On 24 October 2019, NNDKP attended HR Summit, an event organized by Libero Events in Cluj-Napoca, Romania. Cristina Bidiga, Managing Associate and head of NNDKP's Cluj-Napoca office was one of the speakers at the event. More details about the event, agenda and speakers are available here. - [NNDKP at ZF Digital Summit 2019](https://www.nndkp.ro/events/nndkp-at-zf-digital-summit-2019/) - On 14 and 15 October 2019, NNDKP attended ZF Digital Summit, an event organized by Ziarul Financiar in Bucharest, Romania. Roxana Ionescu, Partner and head of our Data Protection practice, was one of the speakers at the event. More details about the event, agenda and speakers are available here. - [NNDKP at Foreign Investors Summit 2019](https://www.nndkp.ro/news/nndkp-at-foreign-investors-summit-2019/) - Our Partners Ruxandra Bologa and Vlad Tanase are among the speakers of the event with contributions during its second day (October 30). - [NNDKP at ZF Bankers Summit 2020](https://www.nndkp.ro/events/nndkp-at-zfbankers2020/) - Alina Radu, Partner and head of our Banking and Finance practice, was one of the speakers at the 9th edition of ZF Bankers Summit organized by Ziarul Financiar between 14-15 July 2020. More details on the agenda and speakers are available HERE. - [NNDKP at Competition Law Central & Eastern Europe virtual conference](https://www.nndkp.ro/events/nndkp-competitionlaw-event-2020/) - On 29 September 2020, Georgeta Dinu, Partner and Head of Competition, State-Aid and EU Law practices, was a speaker at a unique event that brought together competition lawyers from across Central & Eastern Europe: Competition Law Central & Eastern Europe organized by Informa Connect. Georgeta Dinu spoke in the panel focused on Private Enforcement: Strategies - [NNDKP at CEDER 2020](https://www.nndkp.ro/events/nndkp-at-ceder-event2020/) - On 6 October 2020, Ioana Niculeasa, Partner and head of the Real Estate practice, was one of the speakers at CEDER 2020, Romania’s most successful real estate conference. Ioana spoke in the panel: “How coronavirus changed the Big Picture on Local Logistics”. More details about the event, agenda and speakers are available here. - [NNDKP Legal & Tax SPACE - Webinars](https://www.nndkp.ro/events/webinars-legal-tax-space/) - NNDKP Legal & Tax SPACE (Sustainable Professional Advancement through Continuous Education) is a concept through which we propose to the Romanian business environment information events that integrate technical components with practical elements. The initiative is part of NNDKP's commitment to propose to its clients not only professional support and added-value services but also structured forums for - [NNDKP at the Tax & Finance Forum 2020](https://www.nndkp.ro/events/nndkp-at-the-tax-finance-forum-2020/) - On 28 October 2020, NNDKP was at the Tax & Finance Forum 2020, organized by Business Mark. Lucian Barbu, Partner from NNDKP Tax Advisory Services, was invited as a speaker in the first day of the event. Lucian delivered a presentation on "Anti-abuse rules and artificial arrangements; national and international evolutions". More details about the - [NNDKP at the International Biennial Conference Timisoara](https://www.nndkp.ro/events/nndkp-at-the-international-biennial-conference-timisoara/) - On 6 November 2020, Eva Forika, Head of NNDKP Timisoara office, and George Trandafir, Senior Associate in the Corporate/M&A practice, were speakers at the International Biennial Conference Timisoara, organized by the Faculty of Law of the West University of Timisoara. Eva and George delivered a presentation in the Business Law section on "Essential manufacturer/supplier or critical - [NNDKP at the National Conference on Fiscal Law](https://www.nndkp.ro/events/nndkp-at-the-national-conference-of-fiscal-law/) - On 13 November 2020, Ciprian Paun, Co-head of NNDKP Cluj-Napoca office, was a speaker at the National Conference on Fiscal Law, organized by Juridice.ro. Ciprian delivered a presentation on "The right to a fair trial in tax procedures or the need for "redesigning" the taxpayer's right of equal access to justice". More details about the event, - [NNDKP at the Mirsanu Dealmakers Summit](https://www.nndkp.ro/events/nndkp-at-the-mirsanu-dealmakers-summit/) - On 10 December, Valentin Voinescu, Partner in our Banking and Finance practice, spoke at the Mirsanu Dealmakers Summit, organized by Mirsanu.ro. Valentin delivered a presentation on corporate financing. - [NNDKP at TaxEU Forum 2021](https://www.nndkp.ro/events/nndkp-at-taxeu-forum-2021/) - On 11 March, Alexandru Aparaschivei, Partner at NNDKP Tax Advisory Services, spoke at the 15th edition of Tax EU Forum, organized by Evensys. This year's edition focused on the legislative and tax changes and their impact on the Romanian business environment. More details about the event, agenda and speakers are available here. - [NNDKP at the conference "Dispute Boards: Two Versions, One Truth"](https://www.nndkp.ro/events/nndkp-at-the-conference-dispute-boards-two-versions-one-truth/) - On 12 March, Sorina Olaru, Partner in our Dispute Resolution practice, spoke at the Central & Eastern Europe Regional Conference of Dispute Resolution Board Foundation: "Dispute Boards: Two Versions, One Truth". Sorina joined the panel "Uncommon and uncivil? The truth about presenting evidence to DBs". The discussion focused on the comparison of the different approaches - [NNDKP at CEDER 2021 - Flight of Change in Real Estate Development](https://www.nndkp.ro/events/nndkp-at-ceder-2021-flight-of-change-in-real-estate-development/) - Ioana Niculeasa, Head of our Real Estate practice, was a speaker at #CEDER2021 conference - Romania’s most successful real estate conference. The event was organized by CIJ Europe and took place on May 20. This year’s main topics focused on how the market has changed, and on what to expect for the next 12 months - [Roxana Ionescu moderated the 4th episode of The Legal 500 Corporate Conversations](https://www.nndkp.ro/events/roxana-ionescu-moderates-the-4th-episode-of-the-legal-500-corporate-conversations/) - Roxana Ionescu, Head of NNDKP’s Data Protection practice, moderated the 4th episode of the Corporate Conversations webinar and podcast series - an initiative by The Legal 500. In this episode, Roxana invited Gabriela Popescu (Legal Director at Microsoft Romania) to a discussion focused on the data privacy challenges in Romania and the essential role of - [NNDKP at the webinar “What issues are companies facing during remote work?”](https://www.nndkp.ro/events/nndkp-at-the-webinar-what-issues-are-companies-facing-during-remote-work/) - On 15 and 17 June 2021, employment specialists from 13 European jurisdictions joined forces to present and discuss the most challenging issues faced by companies based in Southeast Europe and Russia during remote work in a 2-part webinar entitled “What issues are companies facing during remote work?” Organized by SEE Legal and ALRUD Law Firm, - [NNDKP at the event "Summer Tax Update"](https://www.nndkp.ro/events/nndkp-at-the-event-summer-tax-update-2/) - Lucian Barbu, Tax Partner, was a speaker at the online event “Summer Tax Update” organized by Business Mark on June 24, 2021. The main topics of discussions included the latest tax trends and policies, transfer pricing aspects, SAF-T, deductibility of expenses for services, tax implications related to establishing an entity in Romania, income tax related - [Whistleblower Webinar, July 2021](https://www.nndkp.ro/events/nndkp-whistleblower-webinar/) - By December 17th 2021, Romania must complete the process of transposing into national law the Directive for the protection of persons who report breaches of Union law (the “Whistleblowers’ Directive). Similarly to other countries, Romania intends to expand the protective measures significantly beyond the requirements of the directive. In this context, Nestor Nestor Diculescu Kingston - [Roxana Abrasu at HR Uncovered 2021](https://www.nndkp.ro/events/roxana-abrasu-at-hr-uncovered-2021/) - Roxana Abrasu, Partner and Head of NNDKP’s Employment Practice, was a speaker at HR Uncovered 2021, a hybrid event organized by Business Mark on September 15-16, 2021. On 16 September, Roxana delivered a presentation on the topic “Employment relations – adjusting to the new reality”, when she covered the following key aspects: Is it correct - [Employment SpotON - webinar series on sensitive employment law aspects](https://www.nndkp.ro/events/employment-spoton-webinar-series-on-sensitive-employment-law-aspects-2/) - Following the significant changes to the Labor Code, a number of legal issues became of high interest to HR management professionals. To help address some of the most important aspects that took center stage due to these changes and explore other highly relevant employment law topics that have sparked employers’ interest, NNDKP’s Employment law team - [Employment SpotON - webinar series on sensitive employment law aspects](https://www.nndkp.ro/events/employment-spoton-webinar-series-on-sensitive-employment-law-aspects/) - What are the legal topics that could have a potential impact on labor relations in the next period? What is the best way to approach them? In the current context, certain legal issues have appeared with a high frequency on the agenda of professionals involved in the management of human resources. To help address concerns - [NNDKP at the “Whistleblower. The honesty feedback loop” debate by Juridice.ro](https://www.nndkp.ro/events/nndkp-at-the-whistleblower-the-honesty-feedback-loop/) - Three months before the entry into force of the law implementing the EU Whistleblowers’ Directive, companies are expected to be making the final preparations for implementing the new compliance requirements. George Trandafir, Senior Associate in our Corporate/M&A practice, was one of the speakers at the online debate “Whistleblower. The honesty feedback loop” organized by Juridice.ro - [Ciprian Paun and Daniel Hadar speakers at Tax & Finance Forum Cluj-Napoca 2021](https://www.nndkp.ro/events/ciprian-paun-and-daniel-hadar-speakers-at-tax-finance-forum-cluj-napoca-2021/) - Ciprian Păun and Daniel Hadăr participated as speakers in the Tax and Finance Forum Cluj-Napoca, organized by BusinessMark on September 27th, 2021. During the event, experts in the tax field presented and analyzed the latest changes in the tax legislation. Our colleagues delivered a presentation on the topic “The new regulations applicable to carrying out - [Alexandru Onuta speaker at Tax & Finance Forum Bucharest 2021](https://www.nndkp.ro/events/alexandru-onuta-speaker-at-tax-finance-forum-bucharest-2021/) - Alexandru Onuta joined the panel of speakers at Tax & Finance Forum Bucharest 2021, event organized by Business Mark on October 14-15, 2021. During the event, which included a conference (14 October) and two seminars (15 October), tax experts presented and analyzed the latest changes in the tax field. Our colleague, Alexandru Onuta, delivered a - [Sorina Olaru – speaker at the Powers of Adjudicators v Powers of Arbitrators webinar](https://www.nndkp.ro/events/sorina-olaru-speaker-at-the-powers-of-adjudicators-v-powers-of-arbitrators-webinar-2/) - Sorina Olaru, Partner in NNDKP’s Dispute Resolution practice, was one of the speakers in the webinar organized by the Dispute Resolution Board Foundation (DRBF), which was dedicated to examining the key differences between statutory adjudication, adjudication by dispute avoidance/adjudication boards, and arbitration. The topic covered by Sorina focused on the powers of arbitrators versus the - [NNDKP at INTA 2021 Annual Meeting](https://www.nndkp.ro/events/nndkp-at-inta-2021-annual-meeting/) - NNDKP participated in the INTA 2021 Annual Meeting that took place on November 15-19th, 2021. Participants were offered the opportunity to interact onsite, during In-Person Mini-Conferences. In Europe, the mini-conference took place in Berlin (Germany) on November 17th. Our very own Florina Firaru, Senior Associate in NNDKP’s Intellectual Property practice, attended the event in Berlin - [NNDKP at IAPP Europe Data Protection Conference 2021](https://www.nndkp.ro/events/nndkp-at-iapp-europe-data-protection-conference-2021/) - Our colleague, Miruna Vlad, Senior Associate in NNDKP’s Data Protection practice, attended this year’s IAPP Europe Data Protection Conference that took place in Brussels, Belgium, on 17-18 November 2021. Here is what you need to know about Miruna: Miruna has seven years of professional experience in the legal field. Her expertise covers the full spectrum - [Razvan Vlad and Valentin Voinescu - speakers at Business Challenge 2021](https://www.nndkp.ro/events/razvan-vlad-and-valentin-voinescu-speakers-at-business-challenge-2021/) - On November 19, 2021 our colleagues Razvan Vlad and Valentin Voinescu participated in the event Business Challenge 2021 organized by Business Mark. The theme of this year’s flagship event dedicated to Romanian entrepreneurs and SMEs revolved around the challenges brought by the pandemic and the manner in which Romanian entrepreneurial businesses managed to overcome them. - [Roxana Ionescu – speaker at ZF ESG Summit 2022](https://www.nndkp.ro/events/roxana-ionescu-speaker-at-zf-esg-summit-2022/) - Roxana Ionescu, Partner and Head of NNDKP’s Environment and Data Protection practices, was a speaker at the first edition of ZF ESG Summit organized by Ziarul Financiar at Radisson Blu Hotel in Bucharest on 17 May 2022. The “ESG” Concept (Environmental, Social, Governance) continues to grow in relevance and importance for stakeholders when making business - [George Trandafir – speaker in the debate: “Who will blow the whistle now? (Bill of law on whistleblowers’ protection)”](https://www.nndkp.ro/events/george-trandafir-speaker-in-the-debate-who-will-blow-the-whistle-now-bill-of-law-on-whistleblowers-protection/) - George Trandafir, Senior Associate in our Corporate/M&A practice, was one of the speakers in the online debate “Who will blow the whistle now? (Bill of law on whistleblowers’ protection)” organized by the legal media platform JURIDICE.ro, on September 26, 2022. During the event, George emphasized that the current version of the bill of law marked - [Daniel Hadar – speaker at the Pastila de Contabilitate event](https://www.nndkp.ro/events/daniel-hadar-speaker-at-the-pastila-de-contabilitate-event/) - On Tuesday, 23 May, Daniel Hadar, Tax Director, NNDKP Tax Advisory Services, was a speaker at the Pastila de Contabilitate online live event, organized by Contzilla.ro, together with SmartBill. Daniel discussed with Delia Mircea, Moderator, Contzilla.ro, about the fiscal aspects related to VAT deductibility. The event was live on the Facebook page and YouTube channel - [Ruxandra Bologa and Emanuel Flechea - speakers at the Transylvania Green Energy Forum 2023](https://www.nndkp.ro/events/ruxandra-bologa-and-emanuel-flechea-speakers-at-the-transylvania-green-energy-forum-2023/) - Between 23-24 May, 2023, the Transylvania Green Energy Forum took place in Cluj-Napoca, being the largest event dedicated to green energy in Transylvania. Ruxandra Bologa, Partner and Co-head of the Energy and Natural Resources practice, and Emanuel Flechea, Managing Associate, from the same practice, participated as speakers in the first and second panels of the - [Ioana Niculeasa – speaker at CEDER Conference, 2023 edition](https://www.nndkp.ro/events/ioana-niculeasa-speaker-at-ceder-conference-2023-edition/) - Ioana Niculeasa, Head of NNDKP’s Real Estate practice, was a speaker at CEDER 2023 Conference – one of the largest real estate events in Romania, that took place on 18th of May at the Radisson Blu Hotel in Bucharest. NNDKP was one of the associate partners of the 16th edition of the event organized by - [Daniela Gramaticescu – speaker at the third edition of the National Conference on Urban Law and Regional Planning](https://www.nndkp.ro/events/daniela-gramaticescu-speaker-at-the-third-edition-of-the-national-conference-on-urban-law-and-regional-planning/) - On 11-12 May 2023, the Faculty of Law of the University of Bucharest, in collaboration with Universul Juridic Publishing Group, organized the 3rd edition of the National Conference on Urban Law and Regional Planning. Daniela Gramaticescu, Partner, Dispute Resolution practice, was a speaker in the first day of the event and talked about implicit urban - [Roxana Ionescu – speaker at ZF ESG Summit 2023](https://www.nndkp.ro/events/roxana-ionescu-speaker-at-zf-esg-summit-2023/) - Roxana Ionescu was a speaker at the 2023 edition of the ZF ESG Summit, organized by Ziarul Financiar, which took place on Monday, May 8, 2023, at JW Marriott Hotel. This year’s edition of the event focused on how to implement ESG policies to ensure the sustainability of businesses and of society at large. Roxana - [George Trandafir - speaker at the "Integrity (of the whistleblower) beats privacy" event, organized by Juridice.ro](https://www.nndkp.ro/events/george-trandafir-speaker-at-the-integrity-of-the-whistleblower-beats-privacy-event-organized-by-juridice-ro/) - On Monday, April 10, 2023, George Trandafir, Managing Associate in our Corporate/M&A practice, was a speaker at the "Integrity (of the whistleblower) beats privacy" online event, organized by Juridice.ro. More details about the event are available here. ________ Juridice.ro is a leading legal platform in Romania, offering legal news and networking opportunities to legal professionals - [Alina Radu – speaker at the Timisoara Banking Law Conference](https://www.nndkp.ro/events/alina-radu-speaker-at-the-timisoara-banking-law-conference/) - On Friday, March 31, 2023, the Faculty of Law of the Western University of Timisoara, in collaboration with the National Bank of Romania, organized the Banking Law Conference, which focused on Transformations in the bank-client relationship. Evolutions, changes, predictions. Alina Radu, Partner and Head of NNDKP’s Banking and Finance practice, joined the discussions in the - [Roxana Abrasu – speaker at the „Labor law in 2023: What do human resources specialists need to know?” event, organized by Global HR Manager](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-the-labor-law-in-2023-what-do-human-resources-specialists-need-to-know-event-organized-by-global-hr-manager/) - On March 28, 2023, Global HR Manager organized a new meeting of the OSC - Global HR Manager community, which focused on the labor law challenges in 2023. Roxana Abrasu, Partner and Coordinator of NNDKP’s Employment practice, was the guest of the event and she discussed about the labor legislation in 2023 and the challenges - [Roxana Abrasu – speaker at the ZF HR Trends 2023 conference](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-the-conference-zf-hr-trends-2023/) - On March 27, 2023, Ziarul Financiar organized a new edition of the “ZF HR Trends” conference that focused on the topic "The new employee, the new employer. How to adapt to the transformation of the labor market". Roxana Abrasu, Partner and Coordinator of NNDKP’ Employment practice, joined the discussions in the first panel of the - [Roxana Ionescu and Alina Radu – speakers at the GC Summit Romania 2023 organized by The Legal 500](https://www.nndkp.ro/events/roxana-ionescu-and-alina-radu-speakers-at-the-gc-summit-romania-2023-organized-by-the-legal-500/) - The Legal 500 organized on March 16, 2023, the GC Summit Romania 2023, an exclusive one-day summit for in-house counsel. NNDKP was one of the partners of this year’s edition. Roxana Ionescu (Partner, NNDKP Data Protection Practice) moderated the panel „𝗪𝗵𝗮𝘁 𝗱𝗼 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝘄𝗮𝗻𝘁 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲𝗶𝗿 𝗹𝗮𝘄 𝗳𝗶𝗿𝗺𝘀?”, starting 𝟮.𝟯𝟱 𝗽𝗺. She was joined by - [Alina Timofti, Marius Ionescu and Ciprian Paun – speakers at the second CELF event organized by the CELF Community](https://www.nndkp.ro/events/alina-timofti-marius-ionescu-and-ciprian-paun-speakers-at-the-second-celf-event-organized-by-the-celf-community/) - The CELF Community held the second event part of the series of business gatherings scheduled for 2023 which are designed to provide a platform for relevant debates on topical tax matters. The event took place on March 9, from 3 pm, online, and the discussions focused on intra-group services considered from the perspective of the - [Ioana Grigoriu – speaker at Real Estate & Construction Forum 2023](https://www.nndkp.ro/events/ioana-grigoriu-speaker-at-real-estate-construction-forum-2023/) - Ioana Grigoriu, Managing Associate in NNDKP's Real Estate practice, was one of the speakers at the XVIth edition of the Real Estate & Construction Forum organized by Business Mark. This year, some of the most important players in the industry were invited to share their views on the current situation and future challenges for the - [Catalina Dan – Speaker at the fourth edition of the National Banking Law Forum](https://www.nndkp.ro/events/roxana-ionescu-speaker-at-the-zf-digital-summit-2022-scaling-up-romania-high-tech-2/) - Our colleague Catalina Dan, Associate in the Banking and Finance practice, was one of the speakers at the fourth edition of the National Banking Law Forum hosted by the University of Bucharest Law School on November 24th. The focus of this edition was on the “Emerging Technologies’ Disruptive Impact on The Banking System”. In the - [Despre provocările reformării sistemului fiscal în contextul necesitații creșterii resurselor bugetare și al susținerii pe termenul lung a creșterii economice](https://www.nndkp.ro/articles/despre-provocarile-reformarii-sistemului-fiscal-in-contextul-necesitatii-cresterii-resurselor-bugetare-si-al-sustinerii-pe-termenul-lung-a-cresterii-economice/) - Autor: Lucian Barbu, Partener NNDKP Consultanță Fiscală Prin vestitul Plan National de Redresare și Reziliență (PNRR), România și-a asumat obligația de a efectua o “analiză a sistemului fiscal al României în scopul identificării de soluții de reformare a acestuia, pentru a contribui la promovarea și menținerea unei creșteri economice sustenabile”. Prin jalonul asumat prin PNRR - [Alina Timofti, Ruxandra Bologa, Silviu Badescu and Emil Bivolaru – speakers at the fourth CELF event in 2023](https://www.nndkp.ro/events/alina-timofti-ruxandra-bologa-silviu-badescu-and-emil-bivolaru-speakers-at-the-fourth-celf-event-in-2023/) - The CELF Community and NNDKP’s Center of Excellence in Tax Disputes (NNDKP CELF) will hold in June the fourth event part of the series of business gatherings scheduled for 2023, designed to provide a platform for relevant debates on topical tax matters. On Wednesday, June 14, starting at 15.00, our colleagues, Alina Timofti, Ruxandra Bologa, - [Anca Diaconu – speaker at the „Competition in the current economic context - making markets work” conference](https://www.nndkp.ro/events/anca-diaconu-speaker-at-the-competition-in-the-current-economic-context-making-markets-work-conference/) - On Thursday, 25th May, Anca Diaconu, Partner, Competition, State Aid and EU law practice, was a speaker at the Competition in the current economic context - making markets work conference, organised by the Competition Council, at Pentagon Events – Romexpo. Anca spoke about the exclusive distribution and the practical implications of the new VBER, in - [GDPR | 5-year anniversary: Our top picks of past and upcoming judgements of the Court of Justice of the European Union](https://www.nndkp.ro/articles/gdpr-5-year-anniversary-our-top-picks-of-past-and-upcoming-judgements-of-the-court-of-justice-of-the-european-union/) - Authors: Roxana Ionescu and Iurie Cojocaru For ease of use, we have included our top picks in a booklet that can be downloaded here. Our top 5 judgements of the Court of Justice of the European Union (26 MAY 2022 – 25 MAY 2023) 1. Judgement in the Case C-300/21 - Österreichische Post AG (Non-material - [NNDKP obtains the annulment of the fine imposed by the Competition Council on a major food supplier](https://www.nndkp.ro/news/nndkp-obtains-the-annulment-of-the-fine-imposed-by-the-competition-council-on-a-major-food-supplier/) - NNDKP successfully represented a major local food supplier in connection with the annulment of the fine imposed by the Competition Council following an investigation initiated in 2009 for alleged anti-competitive agreements between several suppliers and retailers operating in the domestic market. The NNDKP team representing the client in this dispute was led by Sorina Olaru - [NNDKP assists NIPPON EXPRESS HOLDINGS, Inc. in acquiring the shares of the multiple subsidiaries of Cargo-Partner Group Holding AG](https://www.nndkp.ro/news/nndkp-assists-nippon-express-holdings-inc-in-acquiring-the-shares-of-the-multiple-subsidiaries-of-cargo-partner-group-holding-ag/) - NNDKP was part of the international team of advisors that assisted NIPPON EXPRESS HOLDINGS, Inc., one of the world’s leading logistics companies, in acquiring the shares of the multiple subsidiaries of Cargo-Partner Group Holding AG (Cargo-Partner), which provides global logistics services through its main business sites in Central and Eastern Europe. NNDKP advised on all - [NNDKP CELF event in Timisoara – Tax Disputes in The Digital Era](https://www.nndkp.ro/events/nndkp-celf-event-in-timisoara-tax-disputes-in-the-digital-era/) - NNDKP CELF event in Timisoara – Tax Disputes in The Digital Era NNDKP CELF event Tax Disputes in the Digital Era took place on May 10, 2023, in Timisoara, offering valuable insights into a significant number of issues with high impact on the day-to-day activity of businesses. In the first part of the event, NNDKP - [NNDKP CELF event in Cluj-Napoca – Tax inspection in The Digital Era](https://www.nndkp.ro/events/nndkp-celf-event-in-cluj-napoca-tax-inspection-in-the-digital-era/) - The Tax Inspection in The Digital Era event powered by NNDKP’s Center of Excellence in Fiscal Disputes (CELF) took place on March 29, 2023, in Cluj-Napoca. Alina Timofti, Emil Bivolaru, Ciprian Paun and Daniel Hadar shared their views on what tax inspection would look like in the digital era and the issues most likely to - [NNDKP assists CANCOM SE in the acquisition of K-Businesscom-Group, with operations in Romania](https://www.nndkp.ro/news/nndkp-assists-cancom-se-in-the-acquisition-of-k-businesscom-group-with-operations-in-romania/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international team of advisors that assisted CANCOM SE, one of the leading integrated IT service providers in Germany, in the acquisition of K-Businesscom-Group and all its subsidiaries, Austria’s leading provider of IT&C solutions and services. The transaction will result in the creation of one of - [Iurie Cojocaru – Speaker at the “Chat with ChatGPT” debate](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-the-chat-with-chatgpt-debate/) - Iurie Cojocaru, Partner and Co-head of the Data Protection practice, was one of the speakers in the “Chat with ChatGPT” debate, organized by Juridice.ro on March 13, 2023. Iurie and the other guests invited to share their views on this new AI tool provided valuable insight into the data protection and privacy implications of using - [Lavinia Ionita Rasmussen – recognized for the third time among the top 50 most influential people on Romania’s real estate market](https://www.nndkp.ro/news/lavinia-ionita-rasmussen-recognized-for-the-third-time-among-the-top-50-most-influential-people-on-romanias-real-estate-market/) - Lavinia Ionita Rasmussen, Partner in NNDKP’s Real Estate practice, was included for a third consecutive year among ‘The 50 Most Influential People in Romania’s Real Estate Market’, an annual publication put together by Property Forum. Lavinia also offered an exclusive interview for this year’s edition of the guide, focused on the real estate market in - [Alina Timofti, Daniela Gramaticescu and Alexandru Aparaschivei – speakers at the third CELF event in 2023](https://www.nndkp.ro/events/alina-timofti-daniela-gramaticescu-and-alexandru-aparaschivei-speakers-at-the-third-celf-event-in-2023/) - The CELF Community held the third event part of the series of business gatherings scheduled for 2023, designed to provide a platform for relevant debates on topical tax matters. The central theme of the event was focused on inclusions and exclusions from the VAT tax base. In particular, the speakers of the event, Alina Timofti - [NNDKP wins two “2022 Deal of the Year” awards at the annual CEE Legal Matters Awards Gala](https://www.nndkp.ro/news/nndkp-wins-two-2022-deal-of-the-year-awards-at-the-annual-cee-legal-matters-awards-gala/) - NNDKP has won two “Deal of the Year” awards for the year 2022 at the CEE Deals of the Year Awards gala organized by CEE Legal Matters, one of the leading regional legal publications. The event took place on April 25, 2023, in Istanbul, and brought together representatives of the most powerful and best-performing law - [NNDKP CELF Alert No. 2/2023 – CJEU decided that the recharging of the electric vehicle is a supply of goods (electricity)](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-no-2-2023-cjeu-decided-that-the-recharging-of-the-electric-vehicle-is-a-supply-of-goods-electricity/) - 21.04.2023 - CJEU decided that the recharging of the electric vehicle is a supply of goods (electricity) The Romanian version of this newsletter is available here. On 20 April 2023, the CJEU decided that the recharging of the electric vehicle is a supply of goods (electricity) and not a supply of services for VAT purposes - [NNDKP earns top rankings in the 2023 edition of The Legal 500 EMEA guide](https://www.nndkp.ro/news/nndkp-earns-top-rankings-in-the-2023-edition-of-the-legal-500-emea-guide/) - On April 12, 2023, The Legal 500 has launched the 2023 edition of its EMEA rankings. The results of the research conducted among law firms active in Europe reconfirm NNDKP’s position as a leading business law firm in Romania. Our firm earned Tier 1 rankings (the highest position in the rankings) in 11 areas of - [NNDKP CELF Alert No. 1/2023 – VAT exemption for transport directly connected with exportation](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-no-1-2023-vat-exemption-for-transport-directly-connected-with-exportation/) - 11.04.2023 - VAT exemption for transport directly connected with exportation The Romanian version of this newsletter is available here. Recently, the Romanian tax authority challenged the VAT exemption for transport directly connected with export applied by several players in the field whereby such services are not invoiced directly to the exporters/recipients of the goods, in - [NNDKP successfully assisted Hammerer Aluminium Industries Santana S.R.L. in a complex fiscal dispute concerning transfer pricing aspects](https://www.nndkp.ro/news/nndkp-successfully-assisted-hammerer-aluminium-industries-santana-s-r-l-in-a-complex-fiscal-dispute-concerning-transfer-pricing-aspects/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully represented Hammerer Aluminium Industries Santana S.R.L., a producer of semi-finished castings from aluminium recovered from recyclable materials for various uses, in a complex dispute related to transfer pricing aspects before the High Court of Cassation and Justice (ICCJ). The ruling of the High Court of Cassation and Justice - [NNDKP assists Holcim Romania with the acquisition of Stones Business Development SRL and contributes to the expansion of the company in the aggregates sector](https://www.nndkp.ro/news/nndkp-assists-holcim-romania-with-the-acquisition-of-stones-business-development-srl-and-contributes-to-the-expansion-of-the-company-in-the-aggregates-sector/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Holcim Romania, one of the leaders in the construction materials industry in Romania, with the expansion of its aggregates division through the acquisition of 100% of the shares of Stones Business Development SRL, which operates an aggregate station and a sand and gravel mining exploitation. NNDKP assisted Holcim - [Latest news in the intellectual property field - SMEs at risk because of intellectual property rights infringement](https://www.nndkp.ro/legal-tax-updates/latest-news-in-the-intellectual-property-field-smes-at-risk-because-of-intellectual-property-rights-infringement/) - It is no surprise that illicit commercial activities with goods that are counterfeit or otherwise infringing IP rights are a significant and growing threat in today’s economy, particularly with the increase of their online presence. All companies that create, develop and use intellectual property (IP), especially trademarks, in their business, including small and medium-sized enterprises - [Grupo Bimbo – over 200 bakeries and counting. NNDKP assisted the Mexican investor in acquiring Vel Pitar](https://www.nndkp.ro/news/grupo-bimbo-over-200-bakeries-and-counting-nndkp-assisted-the-mexican-investor-in-acquiring-vel-pitar/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) confirms that Grupo Bimbo has included Romania in its global growth strategy and has completed the acquisition of Vel Pitar as nation-wide development platform. NNDKP acted as local legal counsel for Grupo Bimbo, advising on all aspects of the acquisition of Vel Pitar, from transaction structuring to negotiation and - [NNDKP, at the top of Chambers & Partners Europe rankings, 2023 edition](https://www.nndkp.ro/news/nndkp-at-the-top-of-chambers-partners-europe-rankings-2023-edition/) - On March 16, 2023, Chambers & Partners released the results of its 2022 European research, a benchmark when it comes to recognizing prominent law firms and leading legal practitioners in the region. Nestor Nestor Diculescu Kingston Petersen (NNDKP) received strong recognition from clients and peers that reconfirms its leading position on the Romanian business law - [NNDKP assists OTP Bank Romania and OTP Group in a EUR 57.80 million financing for Exigent Property Investment SRL](https://www.nndkp.ro/news/nndkp-assists-otp-bank-romania-and-otp-group-in-a-eur-57-80-million-financing-for-exigent-property-investment-srl/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted OTP Bank Romania and OTP Group in a EUR 57.80 million financing for Exigent Property Investment SRL to fund the development of phase 5 of Exigent Plaza Residence, the largest residential project in Bucharest, located in Militari area. NNDKP advised the banks during all phases of the - [NNDKP shorlisted for the CEE Deals of the Year Awards, 2022 edition](https://www.nndkp.ro/news/nndkp-shorlisted-for-the-cee-deals-of-the-year-awards-2022-edition/) - NNDKP has been shortlisted for the 2022 CEE Deals of the Year Awards by CEE Legal Matters. The CEE Deals of the Year Awards, launched in 2017 by CEE Legal Matters, recognize the largest and most important deals in Central and Eastern Europe, as well as the lawyers and law firms contributing to their successful - [NNDKP promotes 25 lawyers and consultants in the latest round of promotions](https://www.nndkp.ro/news/promotions-2023/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) announces new promotions for 2023: 1 lawyer is promoted to Senior Managing Associate 7 lawyers are promoted to Managing Associate 4 lawyers are named Senior Associates 1 tax consultant is named Tax Manager 12 lawyers take a step forward in their careers 10 practice areas of NNDKP (consultancy and - [NNDKP CELF launches CELF community together with Oameni și Companii](https://www.nndkp.ro/news/nndkp-celf-launches-celf-community-together-with-oameni-si-companii-osc/) - The NNDKP Center of Excellence in Fiscal Disputes (NNDKP CELF) has launched together with Oameni si Companii - OSC the CELF community, which is designed to provide a forum for debate for specialists in the legal and finance departments of companies, top executives and entrepreneurs. The CELF community will organize throughout 2023 a series of - [NNDKP shortlisted once again for the “Romania Law Firm of the Year” award by Chambers Europe](https://www.nndkp.ro/news/nndkp-shortlisted-once-again-for-the-romania-law-firm-of-the-year-award-by-chambers-europe/) - NNDKP has been shortlisted once again for the “Romania Law Firm of the Year” award by Chambers Europe. The Chambers Europe Awards honour the work of national and international law firms, recognizing their achievements in key jurisdictions over the past 12 months. Nominations are made based on outstanding work, impressive strategic growth, and excellence in - [Alina Timofti, Lucian Barbu and Marius Ezer - First CELF event in 2023](https://www.nndkp.ro/events/alina-timofti-lucian-barbu-and-marius-ezer-first-celf-event-in-2023/) - Alina Timofti (Partner, Tax Advisory Services), Lucian Barbu (Partner, Tax Advisory Services) and Marius Ezer (Partner, Dispute Resolution) opened the series of events scheduled to take place in 2023 as part of NNDKP’s Center of Excellence in Legal Disputes (CELF) initiative. During the first event organized under the CELF umbrella, NNDKP professionals shared their views - [Roxana Ionescu - speaker at the “GDPR – Data Privacy Observer” conference and recipient of the Excellence Award at the event gala](https://www.nndkp.ro/events/roxana-ionescu-speaker-at-the-gdpr-data-privacy-observer-conference-and-recipient-of-the-excellence-award-at-the-event-gala/) - Roxana Ionescu, Partner and Head of NNDKP’s Data Protection practice, contributed to the works of the “GDPR – Data Privacy Observer” conference with a presentation on how the interpretation of GDPR evolved in time and the impact this had in practice. Ciprian Paun, Partner and Co-Head of NNDKP Cluj office, was one of the opening - [Gabriela Cacerea and Ruxandra Bologa - speakers at the ZF Power Summit 2023](https://www.nndkp.ro/events/gabriela-cacerea-and-ruxandra-bologa-speakers-at-the-zf-power-summit-2023/) - The 12th edition of the ZF Power Summit took place between 21-23 February 2023. The central theme of this year’s summit was “Romania, The Region, The Union: Key energy projects and trends that will redefine the European energy, oil and gas market”. Gabriela Cacerea and Ruxandra Bologa, Co-heads of NNDKP’s Energy and Natural Resources practice, - [Sorina Olaru - speaker at the conference “Arbitration in the private law area in a European context”](https://www.nndkp.ro/events/sorina-olaru-speaker-at-the-conference-arbitration-in-the-private-law-area-in-a-european-context/) - Sorina Olaru, Partner in NNDKP’s Dispute Resolution practice, attended the seventh edition of the conference “Arbitration in the private law area in a European context” organized by Universul Juridic. Sorina delivered a presentation in which she explored “Aspects of interest regarding the action for the annulment of arbitral awards”. More details about the event are - [NNDKP obtains a decision to refer questions to the Court of Justice of the European Union to clarify the lawfulness of an electrical energy production surcharge](https://www.nndkp.ro/news/nndkp-obtains-a-decision-to-refer-questions-to-the-court-of-justice-of-the-european-union-to-clarify-the-lawfulness-of-an-electrical-energy-production-surcharge/) - The Bucharest Court of Appeals has recently decided to refer several questions to the Court of Justice of the European Union for a preliminary ruling on the interpretation of the EU law to clarify the lawfulness of the electrical energy production surcharge imposed by Law 259/2021. The request came from a company operating in the - [We have a new social dialogue law. Significant changes of interest to the labor market](https://www.nndkp.ro/articles/we-have-a-new-social-dialogue-law-significant-changes-of-interest-to-the-labor-market/) - Authors: Roxana Abrasu, Daniel Stancescu After lengthy debates in the Parliament, the new Social Dialogue Law, i.e. Law no. 367/2022 was published in the Official Gazette no. 1238/2022 on December 22, 2022, the lawmakers opting to expressly repeal the “famous” Law no. 62/2011 with the entry into force of the new legislative framework, which is - [2022 – You came with challenges! 2023 – We look forward to reaching new milestones!](https://www.nndkp.ro/news/2022-you-came-with-challenges-2023-we-look-forward-to-reaching-new-milestones/) - 2022 was packed with challenges, but as the year-end draws closer, we realize that these have only made us stronger and more determined. Our team had a professionally rewarding year, and we are thankful for their exceptional work and strong commitment towards our clients. Also, we are grateful to our clients for all the opportunities - [Tax Flash No. 6/2022 - Solidarity contribution in the oil and gas industry and amendments to the Tax Procedure Code approved by the Romanian Government](https://www.nndkp.ro/legal-tax-updates/tax-flash-no-6-2022-solidarity-contribution-in-the-oil-and-gas-industry-and-amendments-to-the-tax-procedure-code-approved-by-the-romanian-government/) - 29.12.2022 - In its Meeting of 28 December 2022, the Romanian Government approved the solidarity contribution for the oil and gas industry, as well as a series of amendments to the Tax Procedure Code to implement the Romania's National Recovery and Resilience Plan (“NRPP”) measures undertaken by ANAF The following is a summary of the - [Tax Flash No. 5/2022 - Law No. 370 for the approval of Government Ordinance No. 16/2022 was published in the Official Gazette](https://www.nndkp.ro/legal-tax-updates/tax-flash-no-5-2022-law-no-370-for-the-approval-of-government-ordinance-no-16-2022-was-published-in-the-official-gazette/) - 22.12.2022 - Law No. 370 for the approval of Government Ordinance No. 16/2022 amending and supplementing Law No. 227/2017 on the Tax Code, abrogating certain normative acts and other financial-fiscal measures was published in the Official Gazette no. 1228 For the measures provided by GO 16/2022, please refer to out Tax Flash No 3/2022 published - [NNDKP contributes to the CEE Legal Matters Comparative Legal Guide: TMT 2022](https://www.nndkp.ro/articles/nndkp-contributes-to-the-cee-legal-matters-comparative-legal-guide-tmt-2022/) - Our colleagues, Adina Chilim-Dumitriu, Alina Boureanu and Madalina Vasile, contributed the Romanian chapter to the TMT Comparative Guide: 2022 put together by CEE Legal Matters, which covers ten jurisdictions, including Romania. This year’s edition looked at the most important regulations relative to online contracting, digital signatures, and digital archiving across the researched jurisdictions. The Romanian - [Romania Chapter in ICLG Gambling 2023 Guide](https://www.nndkp.ro/articles/romania-chapter-in-iclg-gambling-2023-guide/) - Mihai Fifoiu, Lucian Barbu, and Laurentiu Neacsu contributed to the Romanian Chapter of the “International Comparative Legal Guide to: Gambling Laws and Regulations 2023”. In its 9th edition, the guide offers practical insights into gambling law in 35 jurisdictions across the globe, covering issues such as: relevant authorities and legislation application for a licence and - [Tax Flash No. 4/2022 - The European Commission proposes the update of the VAT Directive – “VAT in the Digital Age” legislative package](https://www.nndkp.ro/legal-tax-updates/ax-flash-no-4-2022-the-european-commission-proposes-the-update-of-the-vat-directive-vat-in-the-digital-age-legislative-package/) - 13.12.2022 - The European Commission proposes the update of the VAT Directive – “VAT in the Digital Age” legislative package On 8 December 2022, the European Commission (EC) published the proposal for a Directive amending Council Directive 2006/112/EC on the common system of VAT. The proposal has three (3) main measures aiming to combat tax - [Roxana Abrasu – Speaker at the seminar "Latest news in the field of labor law"](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-the-seminar-latest-news-in-the-field-of-labor-law/) - NNDKP together with Enterprise Europe Network Center part of the Constanţa Chamber of Commerce, Industry, Navigation and Agriculture organized on December 7, 2022 in the city of Constanta the seminar “Latest news in the field of labor law”. Roxana Abrasu, Partner and Co-head of NNDKP’s Employment Practice, delivered a presentation on the most recent changes - [NNDKP successfully assisted Enel in a complex fiscal dispute regarding the deductibility of the amount of tax depreciation for corporate assets acquired from clients through transfer](https://www.nndkp.ro/news/nndkp-successfully-assisted-enel-in-a-complex-fiscal-dispute-regarding-the-deductibility-of-the-amount-of-tax-depreciation-for-corporate-assets-acquired-from-clients-through-transfer/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully represented ENEL (E-Distributie Banat) in a complex tax dispute relating to the possibility of the taxpayer deducting the value of tax depreciation for tangible assets (electricity grid connectors) acquired from the company’s clients through transfer, for the calculation of corporate income tax. Initially, tax authorities rejected this possibility - [Ciprian Paun – speaker at the “Formalism and Freedom in Private Law” conference](https://www.nndkp.ro/events/ciprian-paun-speaker-at-the-formalism-and-freedom-in-private-law-conference/) - Ciprian Paun, Partner and Co-head of the NNDKP Cluj-Napoca Office, participated in the conference „Formalism and Freedom in Private Law” organized by the Babes-Bolyai University Law School and the Romanian Institute for Lawyers’ Training and Professional Development – Cluj Territorial Center between 14-15 October 2022. Ciprian contributed to the event with the presentation “The memorandum - [Roxana Ionescu – Speaker at the ZF Digital Summit 2022 – Scaling Up Romania High-Tech](https://www.nndkp.ro/events/roxana-ionescu-speaker-at-the-zf-digital-summit-2022-scaling-up-romania-high-tech/) - Roxana Ionescu, Partner and Co-head of NNDKP’s Data Protection practice, was a speaker at this year’s edition of ZF Digital Summit organized by Ziarul Financiar between 8-10 November 2022, which brought together the most important leaders in the telecommunications and high-tech industries in Romania. Roxana joined the discussions in the panel “Digitalization in banking. What - [Roxana Ionescu – speaker at the ZF Conference “The Deposit-Return System, the new shopping reality. How do we prepare for the change?”](https://www.nndkp.ro/events/roxana-ionescu-speaker-at-the-zf-conference-the-deposit-return-system-the-new-shopping-reality-how-do-we-prepare-for-the-change/) - Roxana Ionescu, Partner and Head of NNDKP’s Environment practice, was a speaker at the Conference “The Deposit-Return System, the new shopping reality. How do we prepare for the change?” organized by Ziarul Financiar on November 7, 2022. Roxana contributed to the discussions in Panel 2 titled “The countdown has begun for retailers and beverage producers”, - [Valentin Voinescu – speaker at CEE Finance and Capital Markets Workshops 2022](https://www.nndkp.ro/events/valentin-voinescu-speaker-at-cee-finance-and-capital-markets-workshops-2022/) - Valentin Voinescu, Partner in NNDKP’s Banking and Finance Practice, was a speaker at the annual CEE Finance and Capital Markets Workshops 2022 organized by Freshfields Vienna between 13-14 October 2022. The event focused on the impact of geopolitics and macroeconomics on banking, finance and capital markets in CEE and brought together speakers from across the - [Changes to the Labor Code: What employers need to pay attention to after the enactment and publication of the new provisions](https://www.nndkp.ro/articles/changes-to-the-labor-code-what-employers-need-to-pay-attention-to-after-the-enactment-and-publication-of-the-new-provisions/) - Authors: Roxana Abrasu, Daniel Stancescu On October 19, 2022, Law 283/2022 was published in the Official Journal of Romania, introducing probably the largest number of changes made to the Labor Code in recent years, including several substantial amendments and additions highly relevant to employers. Thus, employers must take appropriate action to implement, and ensure immediate - [Miruna Vlad – speaker at the Environmental & Sustainability Summit 2022](https://www.nndkp.ro/events/miruna-vlad-speaker-at-the-environmental-sustainability-summit-2022/) - Miruna Vlad, Senior Associate in our Environment practice, was one of the speakers at this year’s edition of the Environmental and Sustainability Summit organized by Business Review between 28-29 September 2022 at The Marmorosch Bucharest. She contributed to the discussions in the panel focusing on “Sustainable urban developments and smart communities, transportation, automotive, eco-friendly urban - [Roxana Abrasu – speaker at HR Uncovered 2022](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-hr-uncovered-2022/) - Roxana Abrasu, Partner and Head of NNDKP’s Employment practice, was one of the speakers at HR Uncovered 2022, a hybrid event organized by BussinessMark between 12-13 September, 2022. On the second day of the event, Roxana delivered a presentation titled “Labor Market Brief Overview”, which covered the existing and proposed legislative changes impacting the labor - [Ioana Grigoriu – speaker at the Real Estate and Construction Forum 2022](https://www.nndkp.ro/events/ioana-grigoriu-speaker-at-the-real-estate-and-construction-forum-2022/) - Ioana Grigoriu, Managing Associate in NNDKP’s Real Estate and Construction practice, was one of the speakers in “Panel II – Focus on residential” at this year’s edition of the Real Estate and Construction Forum organized by BusinessMark on 15 September at JW Marriott Bucharest Grand Hotel. During the debate, Ioana addressed the issue of the - [Ruxandra Bologa – speaker at Balkan Legal Forum 2022](https://www.nndkp.ro/events/ruxandra-bologa-speaker-at-balkan-legal-forum-2022-2/) - Ruxandra Bologa, Partner and Co-head of the Corporate/M&A and Energy and Natural Resources practices, was a speaker at Balkan Legal Forum 2022, a reputable legal event organized by IBA European Regional Forum, IBA Law Firm Management Committee and Legal Development Foundation. The conference, at its 11th edition, took place in Vienna on 30 June - - [Alina Radu – speaker at banking conference organized by the National Bank of Romania and the Faculty of Law of the West University of Timisoara](https://www.nndkp.ro/events/alina-radu-speaker-at-banking-conference-organized-by-the-national-bank-of-romania-and-the-faculty-of-law-of-the-west-university-of-timisoara-2/) - On 25 March 2022, The National Bank of Romania organized, together with the Faculty of Law of the West University of Timisoara, the banking conference centered on the theme “Digitalization of the banking system. Opportunities, risks, and progress”. Alina Radu, Partner and Head of NNDKP’s Banking and Finance practice, participated in the event and delivered - [Latest news in the corporate field - New rules on registrations with the Trade Register and amendments to the Companies Law](https://www.nndkp.ro/legal-tax-updates/latest-news-in-the-corporate-field-new-rules-on-registrations-with-the-trade-register-and-amendments-to-the-companies-law/) - On July 26th, 2022, the corporate legislation has been amended following the entry into force of Law no. 265/2022 regarding Trade Register and amending and supplementing other legal enactments having impact on registrations with the Trade Register (“Law 265/2022”), including certain provisions of the Companies Law no. 31/1990 (“Companies Law”), which was published in the - [NNDKP assists International Game Technology PLC (IGT) in the acquisition of iSoftBet](https://www.nndkp.ro/news/nndkp-assists-international-game-technology-plc-igt-in-the-acquisition-of-isoftbet/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted International Game Technology PLC (IGT), one of the global leaders in gaming, in a multi-jurisdictional transaction for the acquisition of iSoftBet, an online games supplier and content aggregator. The transaction included the jurisdictions of Cyprus, the Czech Republic, Malta, Romania and the UK and the total deal - [NNDKP maintains high rankings in the IFLR1000 2022 edition](https://www.nndkp.ro/news/nndkp-maintains-high-rankings-in-the-iflr1000-2022-edition/) - IFLR1000 has released the final groups of rankings for the 2022 edition and NNDKP has maintained a leading position with high rankings in 4 areas of practice: Banking and Finance – Tier 1 Project Development – Tier 1 Capital Markets: Equity – Tier 2 M&A – Tier 2 Individually, the directory also ranks 12 NNDKP - [NNDKP assisted the Beverage Producers Alliance in creating the deposit return system for single-use primary packaging, including in setting up and obtaining the accreditation of RetuRO as sole administrator of the Romanian system](https://www.nndkp.ro/news/nndkp-assisted-the-beverage-producers-alliance-in-creating-the-deposit-return-system-for-single-use-primary-packaging-including-in-setting-up-and-obtaining-the-accreditation-of-returo-as-sole-adminis/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted, since June 2020, the Beverage Producers Alliance comprised of the Brewers of Romania Association and the Romanian Soft Drinks Association in setting up a deposit return system (DRS) for single-use primary packaging. The assistance also included establishing and obtaining the accreditation of RetuRO SGR as sole administrator - [NNDKP assisted PepsiCo in acquiring a minority shareholding in AQUA Carpatica](https://www.nndkp.ro/news/nndkp-assisted-pepsico-in-acquiring-a-minority-shareholding-in-aqua-carpatica/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) advised PepsiCo in the transaction to acquire a minority shareholding in AQUA Carpatica, the Romanian spring water brand owned by Carpathian Springs SA company, controlled by the businessman Jean Valvis. NNDKP assisted PepsiCo in all stages and in relation to all the legal aspects of the transaction, starting with - [NNDKP assists Isosport in the acquisition of Novo Tech Group operating a manufacturing plant in Oradea](https://www.nndkp.ro/news/nndkp-assists-isosport-in-the-acquisition-of-novo-tech-group-operating-a-manufacturing-plant-in-oradea/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Isosport, the world market leader in the field of plastic composite materials for the ski and snowboard industry, in a multi-jurisdictional transaction for the acquisition of Novo Tech Group, a leading manufacturer of high-quality plastic products. The transaction involved two production sites located in Poland and Romania (Oradea) - [NNDKP assists a syndicate of banks in connection with EUR 347 million financing granted to Ameropa Group](https://www.nndkp.ro/news/nndkp-assists-a-syndicate-of-banks-in-connection-with-eur-347-million-financing-granted-to-ameropa-group/) - Nestor Nestor Diculescu Kingston (NNDKP) acted as legal advisor for the syndicate of banks granting a financing facility worth EUR 347 million to Swiss-based Ameropa Group. The syndicate of banks was composed of Banca Comerciala Romana SA (BCR) and Raiffeisen Bank SA as joint Initial Mandated Lead Arrangers and Bookrunners, together with ING Bank N.V. Amsterdam - [New amendments and procedures introduced in the field of insolvency by Law No 216/2022](https://www.nndkp.ro/articles/new-amendments-and-procedures-introduced-in-the-field-of-insolvency-by-law-no-216-2022/) - Author: Marius Ezer Law 216 of 14 July 2022 amends and supplements Law 85/2014 on insolvency prevention and insolvency proceedings and other legislation. The new law transposes the business prevention mechanisms introduced at European level by Directive 2019/1023. The amendments to the insolvency law implement the business prevention mechanisms imposed by Directive 2019/1023 and clarify certain - [NNDKP assists ExxonMobil with closing the sale of its participation in Neptun Deep offshore project to Romgaz](https://www.nndkp.ro/news/nndkp-assists-exxonmobil-with-closing-the-sale-of-its-participation-in-neptun-deep-offshore-project-to-romgaz/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted ExxonMobil, one of the world's largest publicly traded international oil and gas companies, with finalizing the last steps in selling to Romgaz its 50% participation in the Neptun Deep offshore block in the Black Sea. With the sale being materialized, this is one of most important M&A transactions - [Romanian DPA Report - A Year in Review - 2021](https://www.nndkp.ro/articles/romanian-dpa-report-a-year-in-review-2021/) - Romanian DPA case studies – our top 5 picks 1. Unlawful use of body cams Case study: A municipality implemented a bodycam system to be used by local policemen, amongst others, to discourage unlawful acts, to protect themselves against untrue accusations, as well as to protect others. The Romanian DPA decided that legal grounds indicated - [Alina Radu - speaker at ZF Bankers Summit 2022](https://www.nndkp.ro/events/alina-radu-speaker-at-zf-bankers-summit-2022/) - Alina Radu, Partner and Head of NNDKP’s Banking and Finance practice, participated in the ZF Bankers Summit 2022, a key event for the banking and finance sector in Romania, organized by Ziarul Financiar between 11-13 July, 2022. Alina participated in a one-to-one discussion on the second day of the summit, touching upon subjects such as - [NNDKP named „Romania Law Firm of the Year” at the Romanian Top Lawyers Awards Gala 2022](https://www.nndkp.ro/news/nndkp-named-romania-law-firm-of-the-year-at-the-romanian-top-lawyers-awards-gala-2022/) - NNDKP received new distinctions at the 12th edition of the “Avocati de Top 2022” Gala, which recognizes lawyers active in various business law areas for their professional achievements throughout 2021, event organized by Finmedia and Piata Financiara. During the event the firm received two Excellence awards: NNDKP was awarded the “Romania Law Firm of the - [Sorina Olaru – speaker in the debate “Bifurcation in the arbitration procedure: When? How? Why would the parties do it? Who wins?”](https://www.nndkp.ro/events/sorina-olaru-speaker-in-the-debate-bifurcation-in-the-arbitration-procedure-when-how-why-would-the-parties-do-it-who-wins/) - Sorina Olaru, Partner in NNDKP’s Dispute Resolution Practice, participated in the debate “Bifurcation in the arbitration procedure: When? How? Why would the parties do it? Who wins?” which took place on 27 June 2022. "I would define the bifurcation of an arbitration procedure as a consequence of the intervention in the arbitration procedure of an - [Tax Flash No. 3/2022 - Ordinance no. 16 amending and supplementing Law 227/2015 on the Fiscal Code, abrogating certain normative acts and other financial-fiscal measures](https://www.nndkp.ro/legal-tax-updates/tax-flash-no-3-2022-ordinance-no-16-amending-and-supplementing-law-227-2015-on-the-fiscal-code-abrogating-certain-normative-acts-and-other-financial-fiscal-measures/) - 19.07.2022 - Ordinance no. 16 amending and supplementing Law 227/2015 on the Fiscal Code, abrogating certain normative acts and other financial-fiscal measures was published in Official Gazette no. 716 Profit tax The scope of application of the facility for the profit invested in tangible assets was extended, with a view to supporting the development both - [GDPR | 4-year anniversary: Our top picks of past and upcoming judgements of the Court of Justice of the European Union](https://www.nndkp.ro/articles/gdpr-4-year-anniversary-our-top-picks-of-past-and-upcoming-judgements-of-the-court-of-justice-of-the-european-union/) - Authors: Roxana Ionescu and Iurie Cojocaru Today we celebrate 4 years since GDPR became applicable, changing the data protection rules in a significant manner. These past years have been challenging for companies, authorities and data subjects, who had to keep pace with the evolving regulatory requirements. On this occasion, we take a look at some - [NNDKP awarded new trophies at the Romanian Legal Awards Gala](https://www.nndkp.ro/news/nndkp-awarded-new-trophies-at-the-romanian-legal-awards-gala/) - NNDKP received new awards at the annual Romanian Legal Awards Gala, a high-profile event for the legal field in Romania organized by Legal Marketing, which celebrates the achievements of lawyers and law firms in various practice areas. Our Banking and Finance, Mergers and Acquisitions and Real Estate and Construction teams received trophies for outstanding performance - [Update on the procedure for the enactment of the legislation on whistleblowers’ protection](https://www.nndkp.ro/legal-tax-updates/update-on-the-procedure-for-the-enactment-of-the-legislation-on-whistleblowers-protection/) - 30.06.2022 - The Law on whistleblowers’ protection was approved on 29 June 2022 by the Chamber of Deputies. The final version of the law is not yet available for analysis; however, it is known that the form approved by the Senate in April 2022 was partly amended by this decisional legislative forum. Assuming no constitutionality - [Informare privind stadiul procedurii de adoptare a legislației privind protecția avertizorilor în interes public](https://www.nndkp.ro/articles/informare-privind-stadiul-procedurii-de-adoptare-a-legislatiei-privind-protectia-avertizorilor-in-interes-public/) - Legea privind protecția avertizorilor în interes public a fost adoptată ieri, 29 iunie 2022, de către Camera Deputaților, cu o serie de amendamente față de varianta aprobată de Senat in luna aprilie a acestui an. Versiunea finală a legii nu este încă disponibilă pentru analiză. Sub rezerva unui control de constituționalitate ori a unei solicitări - [NNDKP CELF Alert no. 1/2022 – Significant tax inspections, April 2022](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-no-1-2022-significant-tax-inspections-april-2022/) - 17.06.2022 - Significant tax inspections, April 2022 The General Directorate for Tax Control Coordination within the National Agency of Fiscal Administration published a report on the significant findings by the tax inspection in April 2022 Executive summary: The main tax findings of the tax audit are the following: Tax inspections regarding legal entities: non-compliance with - [NNDKP assists Staffbase in connection with the acquisition of dirico](https://www.nndkp.ro/news/nndkp-assists-staffbase-in-connection-with-the-acquisition-of-dirico/) - NNDKP was part of an international legal team led by Luther law firm, that assisted Staffbase, a leading provider of employee communications management platforms, in the acquisition of the majority stake in the company 247GRAD Labs GmbH and the acquisition of the Romanian Dirico entity. Thus, Staffbase expands its portfolio with the content collaboration platform - [Lavinia Ionita Rasmussen – once again among the top 50 most influential people on Romania’s real estate market](https://www.nndkp.ro/news/lavinia-ionita-rasmussen-once-again-among-the-top-50-most-influential-people-on-romanias-real-estate-market/) - Lavinia Ionita Rasmussen, Partner in NNDKP’s Real Estate practice, was included for a second consecutive year among ‘The 50 Most Influential People in Romania’s Real Estate Market’, in the second edition of this annual publication put together by Property Forum. Lavinia also offered an exclusive interview for this year’s edition of the guide, focused on - [Sorina Olaru – panel moderator at Bucharest Arbitration Days (BARD) 2022](https://www.nndkp.ro/events/sorina-olaru-panel-moderator-at-bucharest-arbitration-days-bard-2022/) - Sorina Olaru, Partner in NNDKP’s Dispute Resolution Practice, participated in the third edition of Bucharest Arbitration Days (BARD), which took place on 9-10 June 2022 in a hybrid format. This year’s event was centered on energy projects and investments and related disputes and arbitration as a suitable dispute resolution mechanism for energy disputes. The conference - [Ciprian Paun – speaker at debate „The Passion of Sisyphus: probation in tax law” (2nd part)](https://www.nndkp.ro/events/ciprian-paun-speaker-at-debate-the-passion-of-sisyphus-probation-in-tax-law-2nd-part/) - Ciprian Paun, Partner and Co-Head of NNDKP Cluj-Napoca office, was a speaker at the second part of the debate „The Passion of Sisyphus: probation in tax law” that took place on 6 June 2022. During the event, Ciprian shared his view on the fiscal authority obligation to propose evidence in order to requalify certain operations - [NNDKP contributes to the Clean Energy Tool developed by Simmons & Simmons](https://www.nndkp.ro/articles/nndkp-contributes-to-the-clean-energy-tool-developed-by-simmons-simmons/) - We are proud to announce that NNDKP has partnered with the international law firm Simmons & Simmons to provide comprehensive information on the renewable energy sector in Romania. The information can be accessed on Simmons & Simmons’ Clean Energy Tool, an online platform for reliable legal and regulatory data across renewable energy jurisdictions. As the - [Ciprian Paun – speaker at AmCham’s Regional Conference - Innovative Communities – Local Investments for Global Success](https://www.nndkp.ro/events/ciprian-paun-speaker-at-amchams-regional-conference-innovative-communities-local-investments-for-global-success/) - Ciprian Paun, Partner and Co-Head of NNDKP Cluj-Napoca office, participated in AmCham’s Regional Conference - Innovative Communities – Local Investments for Global Success, held on 25 May 2022 in Cluj-Napoca. The event is part of AmCham Romania's regional initiative, aimed at contributing to increasing the country’s economic competitiveness through attracting sustainable investments in major cities - [Ioana Niculeasa – speaker at CEDER 2022 Conference](https://www.nndkp.ro/events/ioana-niculeasa-speaker-at-ceder-2022-conference/) - Ioana Niculeasa, Head of NNDKP’s Real Estate practice, was a speaker at CEDER 2022 Conference – one of the largest real estate events in Romania, that took place on the 26th of May at the Radisson Blu Hotel in Bucharest. At its 15th edition, the event focused on the challenges, trends and the future of - [Ciprian Paun – speaker at the debate: “The Passion of Sisyphus: probation in tax law”](https://www.nndkp.ro/events/ciprian-paun-speaker-at-the-debate-the-passion-of-sisyphus-probation-in-tax-law/) - Ciprian Păun, Partner and Co-head of NNDKP’s Cluj-Napoca office, participated as a speaker in the debate “The Passion of Sisyphus: probation in tax law”, organized by the legal platform Juridice.ro on 30 March 2022. During the discussions, Ciprian touched on the following points: the mechanisms regarding the burden of proof in tax inspections have changed - [Roxana Abrasu – speaker at the Working Romania conference organized by Business Review](https://www.nndkp.ro/events/roxana-abrasu-speaker-at-the-working-romania-conference-organized-by-business-review/) - In the current economic and social environment, employers and employees alike face a constant pressure to offer viable answers to the questions regarding the future of work, as a concept. The bi-annual event "Working Romania", already at its 7th edition, took place on 31 March 2022 and brought together representatives of the business community, relevant - [NNDKP assists Marcos Provit in connection with the issuance of corporate bonds](https://www.nndkp.ro/news/nndkp-assists-marcos-provit-in-connection-with-the-issuance-of-corporate-bonds/) - NNDKP assisted Marcos Provit, a local pharmaceutical services network, in issuing cross-border corporate bonds worth 8.5 million euros through private placement, under the coordination of the Polish private debt fund CVI. The transaction aims at the strategic development of the company by ensuring the financing for potential acquisitions. NNDKP was involved in the structuring, negotiation - [Latest news in the field of public procurement](https://www.nndkp.ro/legal-tax-updates/infrastructure-and-ppp/latest-news-in-the-field-of-public-procurement/) - 02.05.2022 - The public procurement legislation has been recently amended following the entry into force of two normative acts enacted at Government level The new regulations have been introduced by: Government Emergency Ordinance 47/2022 with respect to the adjustment of the prices of public procurement contracts/ sectorial contracts/concession contracts/ framework contracts ("GEO 47/2022"), published in - [NNDKP wins for the 6th time the much-coveted Law Firm of the Year award at the Chambers Europe Awards gala](https://www.nndkp.ro/news/nndkp-wins-for-the-6th-time-the-much-coveted-law-firm-of-the-year-award-at-the-chambers-europe-awards-gala/) - NNDKP won the “Romania Law Firm of the Year” award at the Chambers Europe Awards gala, a hallmark event organized by Chambers and Partners, beating off strong competition. This is the 6th time NNDKP has received this much-coveted award, within a 13-year time span since Chambers and Partners started awarding this distinction to Romanian law - [NNDKP assists AAylex ONE in securing a new financing and unifying its existing loans under the same syndicated arrangement](https://www.nndkp.ro/news/nndkp-assists-aaylex-one-in-securing-a-new-financing-and-unifying-its-existing-loans-under-the-same-syndicated-arrangement/) - NNDKP successfully assisted AAylex ONE, one of the leading Romanian players in the food industry, in securing a lei 431 million financing. The facility was granted in the form of a syndicated loan by OTP Bank Romania, as lead arranger and coordinator, CEC Bank and Eximbank as lead arrangers, with the participation of First Bank - [NNDKP recognized once again as a leading Romanian law firm in the Legal 500 rankings](https://www.nndkp.ro/news/legal500-rankings-2022/) - Legal 500 has launched the 2022 edition of The Legal 500 EMEA rankings. The results of the research conducted by the guide confirm once again NNDKP’s position as a leading law firm in Romania. Our firm achieved Tier 1 rankings (the highest position in the rankings) in 11 areas of practice, while 3 other practices - [NNDKP obtains the annulment of a sanctioning decision issued by the Competition Council against a retailer from the Romanian food products market](https://www.nndkp.ro/news/nndkp-obtains-the-annulment-of-a-sanctioning-decision-issued-by-the-competition-council-against-a-retailer-from-the-romanian-food-products-market/) - NNDKP has obtained a major success, confirmed by a final decision of the High Court of Cassation and Justice (HCCJ), namely the annulment of a fine in excess of lei 24 million (approximately Euro 5 million) applied by the Competition Council for allegedly establishing anticompetitive agreements intended to limit prices in the context of the - [Alina Radu and Alina Timofti honoured with new distinctions at the annual gala „Women Who Change Romania”](https://www.nndkp.ro/news/alina-radu-and-alina-timofti-honoured-with-new-distinctions-at-the-annual-gala-women-who-change-romania/) - A new edition of the annual Gala „Women Who Change Romania” organized by Finmedia and Piata Financiara took place on the 23rd of March 2022. During the event, Alina Radu, Head of NNDKP’s Banking and Finance Practice, and Alina Timofti, Partner and Co-head of NNDKP Tax Advisory Services, received new awards for the second year - [End of the state of alert in Romania - impact on employment relations](https://www.nndkp.ro/articles/end-of-the-state-of-alert-in-romania-impact-on-employment-relations/) - Authors: Roxana Abrasu and Daniel Stancescu After two years during which employers and employees fought a fierce battle to adapt the working environment to the unprecedented pandemic context, in which the organization of working time was predominantly remote (in sectors that allowed this approach) and where we all witnessed the reconfiguration of the employment relationships - [Latest news in the field of public procurement and transport infrastructure - New amendments to the Public Procurement and Transport Infrastructure Legislation](https://www.nndkp.ro/legal-tax-updates/infrastructure-and-ppp/latest-news-in-the-field-of-public-procurement-and-transport-infrastructure/) - 30.03.2022 - The public procurement and transport infrastructure legislation has been recently amended following the entry into force of two normative acts at Government level, approved in the Government meeting of March 18, 2022 The new regulations have been introduced by: Government Emergency Ordinance no. 26/2022 amending and supplementing certain normative acts in the public - [NNDKP successfully assists Societatea Națională a Apelor Minerale SA in a complex dispute against the Romanian Court of Accounts](https://www.nndkp.ro/news/nndkp-successfully-assists-societatea-nationala-a-apelor-minerale-sa-in-a-complex-dispute-against-the-romanian-court-of-accounts/) - NNDKP successfully represented Societatea Națională a Apelor Minerale SA in a complex dispute, generated by illegal findings of the Romanian Court of Accounts, which raised complicated issues of European and national law concerning the method of calculating the mining royalty related to the production of mineral water. Societatea Națională a Apelor Minerale S.A. („SNAM”) is - [NNDKP assists Transcarpatica in the sale of Someg Gherla to the German group LKE](https://www.nndkp.ro/news/nndkp-assists-transcarpatica-in-the-sale-of-someg-gherla-to-the-german-group-lke/) - NNDKP has successfully assisted Transcarpatica S.A., an important Romanian steel producer, in the complex transaction consisting in selling the ownership interests held in Someg Gherla to the LKE Group, a German supplier of handling and logistic products and systems. NNDKP was involved in all the stages of this transaction, which also included an initial restructuring - [NNDKP achieves top rankings in the 2022 Chambers Europe guide](https://www.nndkp.ro/news/nndkp-achieves-top-rankings-in-the-2022-chambers-europe-guide/) - On March 17, Chambers & Partners released the results of its 2021 European research, a benchmark when it comes to recognizing the best law firms and legal practitioners in the region. Nestor Nestor Diculescu Kingston Petersen (NNDKP) received strong recognition from clients and peers that reconfirmed its leading position on the Romanian business law market. - [Promotions at NNDKP: 2 lawyers join the Partnership and other 20 professionals take on new senior roles](https://www.nndkp.ro/news/promotions-2022/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) announces new promotions for 2022: 2 lawyers enter NNDKP’s Partnership 4 lawyers are promoted to Counsel 4 lawyers are promoted to Managing Associate and 9 lawyers are named Senior Associates 3 tax consultants advance in their career at NNDKP Tax Advisory Services 10 practice areas of NNDKP (consultancy and - [Gabriela Cacerea and Ruxandra Bologa - speakers at the ZF Power Summit 2022](https://www.nndkp.ro/events/gabriela-cacerea-and-ruxandra-bologa-speakers-at-the-zf-power-summit-2022/) - The central theme of the 11th edition of ZF Power Summit was “The decade that will change energy in Romania begins now: What are the directions that can relaunch a strategic sector?” Gabriela Cacerea and Ruxandra Bologa, Co-heads of NNDKP’s Energy and Natural Resources practice, joined the specialists’ corner powered by NNDKP, during which they - [Non Governmental Organizations (NGOs) in Romania - A Brief Overview](https://www.nndkp.ro/news/non-governmental-organizations-ngos-in-romania-a-brief-overview/) - 5.03.2022. Information on the legal forms, sources of founding , as well as the procedure for establishing and registration of an Non Governmental Organizations (NGOs) in Romania. What are the potential registration options for nonprofits/NGOs in Romania? Is full registration required? If so, what are the necessary steps/time/costs? NGO legal forms Under Romanian law, natural - [Tax Flash No. 2/2022 - The organization and functioning of the Ministry of Public Finance and National Agency for Fiscal Administration - Adopted normative acts](https://www.nndkp.ro/legal-tax-updates/tax-flash-no-2-2022/) - 21.02.2022 - Government Decision no. 238/2022 for the amendment and completion of Government Decision no. 34/2009 on the organization and functioning of the Ministry of Public Finance, as well as for the amendment and completion of Government Decision no. 520/2013 on the organization and functioning of the National Agency for Fiscal Administration Main fiscal provisions - [Romanian Approach to the Whistleblowers’ Directive](https://www.nndkp.ro/articles/romanian-approach-to-the-whistleblowers-directive/) - 19.04.2021 - Author: George Trandafir Romanian authorities have recently initiated the transposition process for Directive (EU) 2019/1937 of the European Parliament and of the Council on the protection of persons who report breaches of Union law (the “Whistleblowers’ Directive”). A limited period for public review of the first draft of transposition bill has just closed. - [NNDKP CELF Alert no. 1/2021 - SAF-T, a first step in the modernization of the tax audit procedure](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-no1-2021/) - 14.09.2021 - By GEO 11/2021, it was enacted the use of the standard audit file for tax (D406 Informative Declaration), which will contain accounting data automatically extracted from the taxpayers’ accounting systems that is relevant for tax audits. Thus, an international standard direct reporting system is established, through which the taxpayers will submit tax reports, - [NNDKP CELF Alert no. 3/2020 - The appeal in the interest of the law revolutionizing the calculation approach of statute of limitation for tax liabilities](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-no3-2020/) - 16.09.2020 - On September 14, 2020, the High Court of Cassation and Justice (“HCCJ”) admitted the appeal in the interest of the law that will end tax authorities’ practice of extending by 1 year the five-year limitation period applicable with respect to profit tax, artificially and in breach of the relevant legal provisions. The HCCJ - [NNDKP CELF Alert no. 4/2020 - Deductibility of VAT – Recent Decisions (Ordinances) of the European Court of Justice (“ECJ”) in Contradiction with the Tax Practices in Romania](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-no4-2020/) - 16.11.2020 -ECJ confirms that the deductibility of VAT cannot be refused due to reasons related to the necessity of the acquisition or fiscal fraud committed by other taxable persons in the supply chain Although it constitutes an amount owed by the State to taxpayers, deductible VAT represents a highly important element for the tax authorities - [Tax Flash No. 1/2022 - Ordinance no. 11/2022 for amending and completing normative acts, as well as for amending certain terms](https://www.nndkp.ro/legal-tax-updates/ordinance-no-11-2022-for-amending-and-completing-normative-acts-as-well-as-for-amending-certain-terms-was-published-in-official-gazette-no-97/) - 11.02.2022 - Ordinance no. 11/2022 for amending and completing normative acts, as well as for amending certain terms was published in Official Gazette no. 97 Main fiscal provisions Amendments as regards the Tax Procedure Code The information qualified as “fiscal secret” may be provided by the tax authorities to an extended category of entities, including - [NNDKP shortlisted for the Romania Law Firm of the Year 2022 award](https://www.nndkp.ro/news/nndkp-shortlisted-for-the-romania-law-firm-of-the-year-2022-award/) - NNDKP has been shortlisted once again for the “Romania Law Firm of the Year” award by Chambers Europe. The awards, one of the highest accolades for the legal community, recognize a law firm’s pre-eminence in key jurisdictions in the region. A nomination is made based on achievements over the past 12 months including outstanding work, - [Ana Diculescu-Sova Celebrates 45 Years in the Legal Profession](https://www.nndkp.ro/news/ana-diculescu-sova-celebrates-45-years-in-the-legal-profession/) - Ana Diculescu-Șova, Senior Partner and Head of the Dispute Resolution Practice at NNDKP, celebrates 45 years of professional activity in the legal field. With an impressive track record of over 50,000 appearances before national and international courts and arbitration panels, in disputes that have contributed to the creation of the Romanian case law, she is - [NNDKP assists Medicover with the acquisition of Polaris Medical in Cluj-Napoca](https://www.nndkp.ro/news/nndkp-assists-medicover-with-the-acquisition-of-polaris-medical-in-cluj-napoca/) - NNDKP assisted Medicover, a leading provider of private medical services in Romania, in the transaction through which the company acquired Polaris Medical, in Cluj-Napoca, from the Socea family. Following the transaction, Medicover will hold the majority stake in Polaris Medical, and will thus expand its presence in the north-west region of Romania, as well as - [Alina Radu – speaker at the Banking Law Conference, 25th edition](https://www.nndkp.ro/events/alina-radu-speaker-at-the-banking-law-conference-25th-edition/) - On October 22, 2021, the Faculty of Law of the West University of Timisoara, in collaboration with the National Bank of Romania, organized the 25th edition of the Banking Law Conference (in Romanian „Conferința de Drept Bancar”). The event is part of the prestigious Legal Colloquia of the National Bank of Romania. The central theme - [Tax authorities' obligation to guide and assist taxpayers in the light of the Ministry of Finance Order no. 1233/2021](https://www.nndkp.ro/articles/tax-authorities-obligation-to-guide-and-assist-taxpayers-in-the-light-of-the-ministry-of-finance-order-no-1233-2021/) - This article was prepared for and first appeared in Which Lawyer in Romania 2021 Author: Marius Ezer The transparency of the relationship between the National Tax Administration Agency (Agenția Națională de Administrare Fiscală or short „ANAF”) and taxpayers and the effective exercise of a guidance role are essential elements to prevent non-compliance. At the same - [Workforce Relationships - New Era](https://www.nndkp.ro/articles/workforce-relationships-new-era/) - This article was prepared for and first appeared in Which Lawyer in Romania 2021 Author: Roxana Abrașu Since the onset of the COVID-19 pandemic, the general opinion has been that we are witnessing a new reality to which we all have to adapt. This opinion has been expressed regardless of the topic under discussion. In - [Earn-Outs in M&A](https://www.nndkp.ro/articles/earn-outs-in-ma/) - This article was prepared for and first appeared in Which Lawyer in Romania 2021 Author: Corina Dumitru An earn-out is a contractual mechanism pursuant to which part of the purchase price is contingent upon the target company’s future performance or upon achieving a certain milestone or both. The structure of an earn-out differs from a - [An “unprecedented scope and ambition” of the European Commission’s Competition Policy review – What’s next for businesses?](https://www.nndkp.ro/articles/an-unprecedented-scope-and-ambition-of-the-european-commissions-competition-policy-review-whats-next-for-businesses/) - This article was prepared for and first appeared in Which Lawyer in Romania 2021 Authors: Georgeta Dinu and Anca Diaconu Businesses and people are constantly proving their adaptability to both thriving and crisis conditions. Can competition policy keep pace? The European Commission has recently[1] announced a review of competition policy tools “with unprecedented scope and ambition”, - [Smart Exit (an entrepreneur’s perspective)](https://www.nndkp.ro/articles/smart-exit-an-entrepreneurs-perspective/) - This article was prepared for and first appeared in Which Lawyer in Romania 2021 Author: Răzvan Vlad An interesting topic that has emerged these days, despite the COVID-19 pandemic and the economic turmoil triggered by it, is how an entrepreneur, who has built a business along the years from the ground up, would be willing - [The endless Romanian offshore struggle - will the offshore wind law see the light of day?](https://www.nndkp.ro/articles/the-endless-romanian-offshore-struggle-will-the-offshore-wind-law-see-the-light-of-day/) - This article was prepared for and first appeared in Which Lawyer in Romania 2021 Authors: Ruxandra Bologa and Emanuel Flechea The EU strives to become carbon neutral by 2050. This objective has been formally regulated through the EU Climate Law[i] and is enshrined in the European Green Deal[ii], being also in line with the EU’s commitment - [Ion Nestor and Manuela Nestor among the most important 1,000 business people in Romania](https://www.nndkp.ro/news/ion-nestor-and-manuela-nestor-among-the-most-important-1000-business-people-in-romania/) - Ion Nestor and Manuela Nestor, Co-Founders and Managing Partners of NNDKP, have been included in the “Who’s Who in Business Romania 2021” guide, in the professional services section. “Who’s Who in Business Romania” is an annual guide that lists the most important 1,000 business people in the country, put together by Ziarul Financiar, a leading - [NNDKP assists Tech Mahindra in the acquisition of the Allyis group](https://www.nndkp.ro/news/nndkp-assists-tech-mahindra-in-the-acquisition-of-the-allyis-group/) - Bucharest, 11 January 2022: NNDKP assisted Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services, in a multi-jurisdictional transaction, regarding the acquisition of the Allyis group. The total value of the transaction is estimated at USD 125 million. NNDKP provided assistance on the Romanian law aspects regarding the local entity and - [Dispute fiscale la vreme de pandemie](https://www.nndkp.ro/articles/dispute-fiscale-la-vreme-de-pandemie/) - Acest articol a fost pregătit pentru și a fost publicat pentru prima dată în ediția din luna martie 2021 a revistei Piața Financiară, o publicație lunară editată de FinMedia SRL. Authors: Ciprian Paun, Emil Bivolaru, Alina Timofti and Marius Ionescu Anul 2020 a reprezentat în istoria recentă a lumii una din cele mai mari provocări - [2021 – Nice to have met you! 2022 – We’ll make you count!](https://www.nndkp.ro/news/recap-2021/) - 2021 was like a roller-coaster ride - a year full of challenges, as well as opportunities. During times of uncertainty, we have adapted to the new reality and moved forward together. Our team had a professionally rewarding year, and we are thankful for their exceptional work and strong commitment towards our clients! Also, we are - [Romania Chapter in ICLG Gambling 2022 Guide](https://www.nndkp.ro/articles/romania-chapter-in-iclg-gambling-2022-guide/) - Published in "The International Comparative Legal Guide to: Gambling 2019", 5th edition - [Ciprian Păun – at the “Smart Law Conferences: Tax Evasion. Transilvania Special Edition”](https://www.nndkp.ro/events/ciprian-paun-at-the-smart-law-conferences-tax-evasion-transilvania-special-edition/) - Ciprian Paun, Co-Head of NNDKP’s Cluj-Napoca Office, was invited as a speaker and moderator at the online event “Smart Law Conferences: Tax Evasion. Transilvania Special Edition”, organized by Editura Universul Juridic on 8 December 2021. Ciprian moderated the conference’s third panel which included Tudor Vidrean-Capusan (Teaching assistant at Babes-Bolyai University, Faculty of European Studies), Adrian - [Tax Flash no.6/2021 - Emergency Ordinance no. 130/2021 regarding certain fiscal-budgetary measures, extension of terms, as well as for amending and completing normative acts](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-6-2021/) - 20.12.2021 - Emergency Ordinance no. 130/2021 regarding certain fiscal measures, extension of terms, as well as for amending and completing normative acts was published in Official Gazette no. 1202 Main fiscal provisions Extension of application of special taxes in the field of energy and natural resources The application of the tax on the natural monopoly in - [Marius Ezer – speaker at the debate: “A natural obligation rendered perfect: the fiscal authority should guide the tax payer”](https://www.nndkp.ro/events/marius-ezer-speaker-at-the-debate-a-natural-obligation-rendered-perfect-the-fiscal-authority-should-guide-the-tax-payer/) - Marius Ezer, Partner in NNDKP’s Dispute Resolution practice, participated in the debate “A natural obligation rendered perfect: The fiscal authority should guide the tax payer”, organized by the legal media platform JURIDICE.ro, on 16 December 2021. During the discussions, Marius touched on the following points: the issue concerning the lack of correlation between the provisions - [Miruna Vlad – speaker at the debate “Non-material damages as a result of GDPR infringement”](https://www.nndkp.ro/events/miruna-vlad-speaker-at-the-debate-non-material-damages-as-a-result-of-gdpr-infringement/) - Miruna Vlad, Senior Associate in NNDKP’s Data Protection practice, was a speaker at the debate dedicated to the topic of “Non-material damages as a result of GDPR infringement”, organized by the legal media platform Juridice.ro on 13 December 2021. During her presentation Miruna pointed out that: as in any area, the subject of moral damages - [NNDKP assists Safety Broker in the sale of an 80% stake to Unilink](https://www.nndkp.ro/news/nndkp-assists-safety-broker-in-the-sale-of-an-80-stake-to-unilink/) - NNDKP has assisted Safety Broker, the largest independent insurance broker operating in Romania and in the Republic of Moldova, in the sale of 80% of the company’s shares to the Unilink group, leader on the relevant Polish market. Following the closing of the transaction, the minority stake will be held by Viorel Vasile (15% of - [NNDKP advises Purolite in relation to its acquisition by Ecolab](https://www.nndkp.ro/news/nnndkp-advises-purolite-in-relation-to-its-acquisition-by-ecolab/) - NNDKP has assisted Purolite Corporation and Purolite SRL in relation to the acquisition of the companies by Ecolab, as part of a broader, global acquisition process. The transaction is valued at approximately US$ 3.7 billion, placing it amongst the largest transactions of its kind closed this year, both at global and national level. NNDKP has - [Tax Flash no.5/2021 - Emergency Ordinance no. 120/2021 regarding the administration, functioning and implementation of the national system regarding the electronic invoice in Romania](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-5-2021/) - 24.11.2021 - For the application of Emergency Ordinance no. 120/2021 regarding the administration, functioning and implementation of the national system regarding the electronic invoice in Romania, a series of normative acts have been published, as follows: Order no. 1713/2021 for the approval of the Procedure on the organization and registration in the Registry RO e-Invoice, - [5 aspecte cheie în evoluția ecosistemului financiar autohton: status în ultimul an, perspective pentru viitor](https://www.nndkp.ro/articles/5-aspecte-cheie-in-evolutia-ecosistemului-financiar-autohton-status-in-ultimul-an-perspective-pentru-viitor/) - Acest articol a fost pregătit pentru și a fost publicat pentru prima dată în suplimentul-ediție specială din luna septembrie 2021 Bancherii al revistei Piata Financiara, o publicație lunară editată de FinMedia SRL. Author: Alina Radu Creșterea finanțărilor domestice (100% acordate de bănci românești) sub forma de credite sindicalizate acordate de cluburi de bănci, pentru companii - [Iurie Cojocaru – speaker at ZF Digital Summit 2021](https://www.nndkp.ro/events/iurie-cojocaru-speaker-at-zf-digital-summit-2021/) - Iurie Cojocaru, Managing Associate in our Data Protection practice, was one of the speakers at the 11th edition of ZF Digital Summit, a flagship event of the Telecommunications and IT&C community. Iurie had a one-to-one discussion with Adrian Seceleanu, Editor at Ziarul Financiar, focused on a retrospective analysis of the 3 years since the General - [Ciprian Paun – speaker at the 2021 edition of the National Fiscal Law Conference](https://www.nndkp.ro/events/ciprian-paun-speaker-at-the-2021-edition-of-the-national-fiscal-law-conference/) - Ciprian Paun, Partner and Co-head of NNDKP’s Cluj-Napoca office, participated in the 8th edition of the National Fiscal Law Conference, where he moderated the panel International Taxation. The event brought together renowned members of the academia and the legal profession, both from Romania and abroad. Key points highlighted by Ciprian during the debate included: defining - [Lex Mundi - Global Attorney-Client Privilege Guide](https://www.nndkp.ro/articles/lex-mundi-global-attorney-client-privilege-guide/) - We are pleased to announce that the expanded Global Attorney-Client Privilege Guide prepared by Lex Mundi is now available, making it the broadest resource of its kind. This first-of-its-kind guide allows users to compare common and civil law attorney-client privilege information for 105 jurisdictions around the world. The guide draws on the expertise of Lex - [Marius Ionescu – speaker at the Romanian Economic Forum 2021](https://www.nndkp.ro/events/marius-ionescu-speaker-at-the-romanian-economic-forum-2021/) - Marius Ionescu, Tax Partner and Co-head of NNDKP Tax Advisory Services, was a speaker at the Romanian Economic Forum, organized by Finmedia and Piata Financiara on October 20th, 2021. During his presentation Marius talked about the legislative and fiscal impact of Romania’s National Recovery and Resilience Plan (NRRP). He pointed out that: Through the NRRP, - [About sponsorship, advertising and associated tax risks](https://www.nndkp.ro/articles/about-sponsorship-advertising-and-associated-tax-risks/) - This article was prepared for and first appeared in the Romanian gambling industry magazine Casino Inside. Author: Lucian Barbu The Romanian version is available below. In the field of sports, attracting funding is essential for increasing performance and even for the survival of organizations. Among the funding sources of sports organizations, the revenues from sponsorship - [New legal obligations for companies: Whistleblowers’ Directive - compliance, implementation, impact - a new webinar by NNDKP](https://www.nndkp.ro/events/new-legal-obligations-for-companies-whistleblowers-directive-compliance-implementation-impact-a-new-webinar-by-nndkp/) - The deadline for companies to comply with the new legal obligations regarding whistleblowing is fast approaching. NNDKP continues its initiatives aimed at promoting this topic and at increasing awareness of the risks companies might face in case they fail to comply with the applicable legislation, once Romania will finalize the transposition of the Whistleblowing Directive. - [“15% tax for BIG TECH” debate by Juridice.ro](https://www.nndkp.ro/events/15-tax-for-big-tech-debate-by-juridice-ro/) - Ciprian Păun, Partner and Co-head of NNDKP’s Cluj-Napoca office, moderated the debate titled “15% tax for BIG TECH”, organized by Juridice.ro on September 27th, 2021. Key points highlighted during the debate included: the mechanism defined by the Organization for Economic Co-operation and Development (OECD) for taxation and allocation of income between states; the challenges that - [NNDKP joins the debate on „Cybersecurity Resilience” at CIO Council Romania Virtual Summit 2021](https://www.nndkp.ro/events/nndkp-joins-the-debate-on-cybersecurity-resilience-at-cio-council-romania-virtual-summit-2021/) - Roxana Ionescu, Partner and Head of NNDKP’s Data Protection practice, was a speaker at CIO Council Romania Virtual Summit 2021, an online event organized by CIO Council and Revista Cariere on September 21-23, 2021. On 22 September, Roxana participated in the debates dedicated to ”Cybersecurity Resilience”, in the panel “Is everything broken in security?”, scheduled - [A New Corporate Governance Standard Shall Be Enforced as of 17 December 2021](https://www.nndkp.ro/articles/a-new-corporate-governance-standard-shall-be-enforced-as-of-17-december-2021/) - 18.06.2021 - Author: Adriana I. Gaspar Six months from now, companies, and equally so other employers, are expected to offer a cogent system for the receipt and settlement of reports regarding illegal or unethical practices. ‹‹“Minimal” may be sufficient and “maximal” may prove not to serve the purpose›› says Adriana I. Gaspar, Senior Partner with - [NNDKP acknowledged as a leading Romanian law firm in the IFLR1000 31st edition](https://www.nndkp.ro/news/nndkp-acknowledged-as-a-leading-romanian-law-firm-in-the-iflr1000-31st-edition/) - IFLR1000 has released the final groups of rankings that represent IFLR1000’s 31st edition. The results of the research conducted into the Romanian legal market confirm once again NNDKP’s position as a leading law firm in Romania. Our firm stands out in 4 areas of practice: Banking and Finance – Tier 1 Project Development – Tier - [Tax Flash no.4/2021 - Ordinance no. 8/2021 regarding the amendment and completion of Law no. 227/2015 regarding the Fiscal Code and Ordinance no. 11/2021 regarding the amendment and completion of Law no. 207/2015 regarding the Fiscal Procedure Code were published in Official Gazette no. 832](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-4-2021/) - 01.09.2021 - Ordinance no. 8/2021 regarding the amendment and completion of Law no. 227/2015 regarding the Fiscal Code and Ordinance no. 11/2021 regarding the amendment and completion of Law no. 207/2015 regarding the Fiscal Procedure Code were published in Official Gazette no. 832 From the legislative amendments introduced by the two normative acts, we mention - [NNDKP assists a syndicate of banks in connection with a new 278 million lei financing granted to Rodbun Group](https://www.nndkp.ro/news/nndkp-assists-a-syndicate-of-banks-in-connection-with-a-new-278-million-lei-financing-granted-to-rodbun-group/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted a syndicate of banks consisting of Banca Comercială Română (as mandated lead arranger, bookrunner, documentation agent, facility agent, security agent and lender), CEC Bank (as mandated lead arranger and lender), Raiffeisen Bank (as mandated lead arranger and lender), Banca Transilvania and Banca Românească (as lenders), in connection - [Is Romania attractive for commercial property investors from a regulatory perspective?](https://www.nndkp.ro/articles/is-romania-attractive-for-commercial-property-investors-from-a-regulatory-perspective/) - Published in Real Estate Guide 2021 by Business Review Vlad Tanase, Partner in NNDKP’s Real Estate practice has contributed to the latest edition of the Real Estate Guide published by Business Review, paper that tackles the major insight into Romania’s Property Market in 2021. Romania is still one of the most attractive markets in Central - [Which are the most important fiscal updates that property investors in Romania need to be aware of in 2021?](https://www.nndkp.ro/articles/which-are-the-most-important-fiscal-updates-that-property-investors-in-romania-need-to-be-aware-of-in-2021/) - Published in Real Estate Guide 2021 by Business Review Lucian Barbu, Tax Partner, contributed to the latest edition of the Real Estate Guide published by Business Review, paper that tackles the major insights into Romania’s Property Market in 2021. "From a fiscal point of view, it is worth mentioning that in June 2021 the Senate - [AAylex Group continues its expansion and business consolidation. NNDKP assists in relation to complex finance and corporate aspects](https://www.nndkp.ro/news/aaylex-group-continues-its-expansion-and-business-consolidation-nndkp-assists-in-relation-to-complex-finance-and-corporate-aspects/) - During the first part of 2021, AAylex Group, one of the leading Romanian players in the food industry, finalized the acquisition of Banvit, the local subsidiary of the Brazilian giant, BRF, through a transaction that represented a premiere on the domestic market. The project prompted yet another premiere for the Romanian business environment, with the - [Femei care schimbă România - Alina Timofti: În industria noastră pandemia a testat limitele profesioniștilor și capacitatea lor de a se reinventa](https://www.nndkp.ro/articles/femei-care-schimba-romania-alina-timofti/) - Alina Timofti a fost inclusă în topul Femei care schimbă România 2021, alcătuit de revista Piața Financiară. Cu ocazia evenimentului prilejuit de acest demers, Alina a oferit perspectiva sa despre impactul pandemiei asupra vieții profesionale și personale a femeilor cu realizări deosebite în domeniile lor de activitate. Pandemia a venit cu efecte neașteptate asupra vieții - [Femei care schimbă România - Alina Radu: Pandemia ne-a motivat și ne-a dat o ocazie de a porni un proces de schimbare](https://www.nndkp.ro/articles/femei-care-schimba-romania-alina-radu/) - Alina Radu a fost inclusă în topul Femei care schimbă România 2021, alcătuit de revista Piața Financiară. Cu ocazia evenimentului prilejuit de acest demers, Alina a oferit perspectiva sa despre impactul pandemiei asupra vieții profesionale și personale a femeilor cu realizări deosebite în domeniile lor de activitate. Pandemia a venit cu efecte neașteptate asupra vieții - [NNDKP obține anularea în totalitate a unei decizii de impunere emisă de DGRFP Cluj în domeniul prețurilor de transfer](https://www.nndkp.ro/news/nndkp-obtine-anularea-in-totalitate-a-unei-decizii-de-impunere-emisa-de-dgrfp-cluj-in-domeniul-preturilor-de-transfer/) - Echipa NNDKP formată din Ciprian Păun, Partener și unul dintre coordonatorii biroului NNDKP Cluj-Napoca, și Diana Feldrihan, Asociat Senior, a obținut o soluție de anulare în totalitate a impozitului pe profit stabilit suplimentar de către organele fiscale având la bază prețurile de transfer. Clientul NNDKP a făcut obiectul unei inspecții fiscale din partea AJFP Bihor - [Key takeaways on the Romanian whistleblowers proposal law](https://www.nndkp.ro/articles/key-takeaways-on-the-romanian-whistleblowers-proposal-law/) - 26.04.2021 - Author: Roxana Ionescu, Madalina Bucur, Flavia Lungu, George Trandafir Background Companies operating in EU may already be aware that on December 2019 the Whistleblowers Directive[1] came into force. The Whistleblowers Directive aims at establishing a framework with common minimum standards for ensuring whistleblowers’ protection across all EU Member States. The transposition deadline almost - [NNDKP at ZF Bankers Summit 2021](https://www.nndkp.ro/events/nndkp-at-zf-bankers-summit-2021/) - Alina Radu, Partner and Head of NNDKP's Banking and Finance practice, was a speaker at the 10th edition of ZF Bankers Summit, an emblematic event for the banking and finance sector in Romania. The summit, organized by Ziarul Financiar, took place this year between July 6 and 7, 2021, and brought up topics such as: - [NNDKP successful in a complex arbitral dispute over a claim amounting to approximatively lei 22 million](https://www.nndkp.ro/news/nndkp-successful-in-a-complex-arbitral-dispute-over-a-claim-amounting-to-approximatively-lei-22-million/) - NNDKP successfully assisted and represented companies part of Efacec group, a supplier of solutions with presence in the energy, mobility and environment value chain, before the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania against Brăila County, a local administrative authority from Romania. The arbitral dispute, whose duration - [NNDKP named „Best Firm of the Year” at the Romanian Top Lawyers Awards Gala 2021](https://www.nndkp.ro/news/nndkp-named-best-firm-of-the-year-at-the-romanian-top-lawyers-awards-gala-2021/) - NNDKP received the award „Best Firm of the Year” during the 11th edition of the Romanian Top Lawyers Awards Gala, which recognizes lawyers active in various business law areas for their professional achievements throughout 2020, event organized by Finmedia and Piata Financiara. This is the third distinction of „Law Firm of the Year” in Romania - [Whistleblower Webinar - Key aspects](https://www.nndkp.ro/articles/whistleblower-webinar-key-aspects/) - Authors: Adriana I. Gaspar, Roxana Ionescu, Roxana Abrasu, George Trandafir, Madalina Bucur Romanian version is available below. Decoding and systematizing the obligations of employers: Essential Legal and Tech requirements to ensure compliance with the Whistleblowing Legislation 1. Overview – Whistleblowers’ Directive and the draft Romanian bill transposing it The draft Romanian bill transposing Directive (EU) - [Closer to a Green Financing Tipping Point](https://www.nndkp.ro/articles/closer-to-a-green-financing-tipping-point/) - This article was prepared for and first appeared in Investment Reports - Real Estate in Romania and Poland 2021. Author: Stefan Ionescu As the European Union intensifies its goal to promote a low-emissions economy in the finance sector, Romania and Poland have certainly been part of the conversation. At the heart of it lies the - [A tax dispute concerning VAT fixed establishments brought before the Court of Justice of the European Union (CJEU), after obtaining its referral to the Luxembourg based court – a game changer for “lohn” structures?](https://www.nndkp.ro/news/a-tax-dispute-concerning-vat-fixed-establishments-brought-before-the-court-of-justice-of-the-european-union-cjeu-after-obtaining-its-referral-to-the-luxemburg-based-court-a-game-changer/) - NNDKP CELF has successfully represented its client, a non-resident company, before the national court in which it has made a request for a preliminary ruling to the CJEU concerning the interpretation of the EU VAT Directive and Regulation as regards the existence of a VAT fixed establishment. The dispute with the Romanian National Agency for - [Gânduri de Ziua Noastră](https://www.nndkp.ro/articles/ganduri-de-ziua-noastra/) - Author: Ana Diculescu-Șova Drepturile ne dau forță, obligațiile ne dau măsură. Incoerența ordinii juridice interne sau/și lipsa de claritate a legilor care le conțin duc uneori la sacrificarea persoanelor, patrimoniilor, crearea de neîncredere, în general dezechilibre majore în societate. Exersăm, ne îndeplinim activitatea într-un cadru saturat de reglementări - deschiderea unui program legislativ te previne - [NNDKP announces the official formation of the Center of Excellence in Fiscal Disputes (NNDKP CELF)](https://www.nndkp.ro/news/nndkp-celf/) - Update: As of January 2021, NNDKP CELF core team has been enlarged with the addition of Eva Forika, Partner, Head of NNDKP Timisoara office and Ciprian Paun, Partner, Co-Head NNDKP Cluj-Napoca office. Nestor Nestor Diculescu Kingston Petersen announces the official formation of the ”Center of Excellence in Fiscal Disputes” (in Romanian NNDKP CELF), an NNDKP - [Doing Business in Romania - Legal 500, 2021 edition](https://www.nndkp.ro/articles/doing-business-in-romania-legal-500-2021-edition/) - Author: Valentin Voinescu Introduction Romania is going through two processes of transformation. One process, which has started more than 30 years ago, is one of continuous modernization and convergence with its EU more developed counterparts. Albeit for the average Romanian this may not be entirely apparent, Romania has indeed evolved dramatically from an economic standpoint, - [Which Lawyer in Romania 2020 - PPP Chapter](https://www.nndkp.ro/articles/which-lawyer-in-romania-2020-ppp-chapter/) - Published in Which Lawyer in Romania 2020 - PPP Chapter, 13th edition Adina Chilim-Dumitriu, Head of our Public Procurement and PPP practice, contributed to the PPP Chapter of the latest edition of Which Lawyer on Romania. "Normally, in 2020 we would have expected a steady development in public procurement projects, both the ones already launched - [NNDKP named “Law Firm of the Year” at the Romanian Legal Awards Gala](https://www.nndkp.ro/news/nndkp-named-law-firm-of-the-year-at-the-romanian-legal-awards-gala/) - NNDKP received the “Law Firm of the Year” award at the Romanian Legal Awards 2020 Gala organized by Legal Marketing on June 3rd, 2021. This is the 3rd time NNDKP receives this distinction, after scooping the award in 2016 and 2017 (in 2020 the event was postponed due to the restrictions imposed in order to - [NNDKP Romanian legal counsel to Getin Holding in the sale of Idea Bank](https://www.nndkp.ro/news/nndkp-romanian-legal-counsel-to-getin-holding-in-the-sale-of-idea-bank/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Getin Holding Group, as part of an international team of advisors, on the Romanian law aspects related to the sale of the shares held in Idea :: Bank, Idea :: Leasing, Idea :: Insurance Broker and Idea :: Investment to Banca Transilvania, in a EUR 43 million transaction. - [Romania chapter in Thomson Reuters' Data Localization Laws: Overview](https://www.nndkp.ro/articles/romania-chapter-in-thomson-reuters-data-localization-laws-overview/) - 13.04.2021 - Authors: Roxana Ionescu, Madalina Bucur, Daniel Stancescu, Madalina Panca, Ramona Stefan and Lucian Barbu A Q&A providing a high-level summary of the key data localization requirements in Romania. It identifies applicable laws, sector-specific requirements, exceptions, and cross-border data transfer requirements. 1. What are the key data localization laws in the jurisdiction? The - [NNDKP assists AAylex Group in securing a 20 million euro financing for the Group’s expansion in Romania and in the acquisition of Banvit Foods Romania](https://www.nndkp.ro/news/nndkp-assists-aaylex-group-in-securing-a-20-million-euro-financing-for-the-groups-expansion-in-romania-and-in-the-acquisition-of-banvit-foods-romania/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted AAylex Group, one of the leading Romanian players in the food industry, controlled by entrepreneur Bogdan Stanca as majority shareholder, in securing the funds necessary for the Group’s expansion in Romania through the acquisition of Banvit Foods Romania. The AAylex Group, having former enterprise Avicola Buzau as - [NNDKP Partners included once again in the IFLR1000 Women Leaders guide](https://www.nndkp.ro/news/nndkp-partners-included-once-again-in-the-iflr1000-women-leaders-guide/) - It gives us great pleasure to announce that once again our colleagues Adriana Gaspar, Adina Chilim-Dumitriu, Alina Radu and Ruxandra Bologa have been included in the IFLR1000 Women Leaders guide, among the most prominent female lawyers in the world. NNDKP has collected the most nominations for Romania, which also makes us extremely proud. IFLR1000 Women - [NNDKP assists Globalworth in expanding its industrial activity in Arad and Oradea](https://www.nndkp.ro/news/nndkp-assists-globalworth-in-expanding-its-industrial-activity-in-arad-and-oradea/) - NNDKP provided legal assistance to Globalworth in relation to the acquisition of two industrial projects, IPW Arad (Industrial Park West Arad) and IPW Oradea (Industrial Park West Oradea). With the successful completion of the acquisition, Globalworth Industrial, Globalworth's logistics and industrial sub-brand, extends its portfolio in another two cities in Romania, each with major potential - [NNDKP at the "2021 East European Summit"](https://www.nndkp.ro/events/nndkp-at-the-2021-east-european-summit/) - On 27 April, Valentin Voinescu, Partner in our Banking and Finance practice, was a speaker at the "2021 East European Conference", organized by TMA Europe. Valentin was in the panel dedicated to the regional status and the relevant updates ahead of the implementation of the EU Restructuring Directive in July 2021. More details about the - [NNDKP at the conference “Fast Forward. Future Organisation: The future of employee experience”](https://www.nndkp.ro/events/nndkp-at-the-conference-financial-and-banking-year-2021-2/) - On 22 April, Roxana Abrasu, Partner and Head of our Employment practice, was a speaker at the conference “Fast Forward. Future Organisation: The future of employee experience”, organized by HR Manager and Revista Cariere. The event was focused on the employee experience, in the context of the new developments on the labour market. More details - [World Day for Safety and Health at Work - 2021](https://www.nndkp.ro/articles/world-day-for-safety-and-health-at-work-2021/) - 28.04.2021 - Author: Roxana Abrasu The COVID-19 pandemic has turned out to be a challenge for employers in the area of health and safety at work. The need for business continuity, and at the same time the obligation to create and maintain a healthy working environment in the new pandemic reality, have determined employers to - [Today the World Celebrates Human Creativity - it is the World Intellectual Property Day](https://www.nndkp.ro/articles/today-the-world-celebrates-human-creativity-it-is-the-world-intellectual-property-day/) - 26.04.2021 - Author: Magda Popescu Today the world celebrates human creativity - it is the World Intellectual Property Day. Creation is, for sure, morally rewarding. It gives room to express oneself. It gives peace of mind. It unveils the deepest abyss of the soul. We love reading, listening to music, looking at a painting, or - [NNDKP wins for the 5th time the much-coveted Law Firm of the Year award at the Chambers Europe Awards gala](https://www.nndkp.ro/news/nndkp-wins-for-the-5th-time-law-firm-of-the-year-award/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) won the “Romania Law Firm of the Year” award at the Chambers Europe Awards gala, a hallmark event organized on April 22, 2021 by Chambers and Partners, one of the most prestigious directories dedicated to the legal services. This is the 5th time NNDKP has received this much-coveted award, - [NNDKP assists a syndicate of banks in connection with a 84.5 million lei financing granted to Rodbun Group](https://www.nndkp.ro/news/nndkp-assists-a-syndicate-of-banks-in-connection-with-a-84-5-million-lei-financing-granted-to-rodbun-group/) - NNDKP successfully assisted a syndicate of banks consisting of Banca Comercială Română (as Documentation Agent, Facility Agent and Security Agent), CEC Bank, Raiffeisen Bank and Banca Românească in connection with a lei 84.5 million (approximately EUR 17.2 million) financing granted to Rodbun Group, one of the leading agro-business companies in Romania. Rodbun is a company-integrator - [NNDKP recognized once again as a leading Romanian law firm in the Legal 500 rankings](https://www.nndkp.ro/news/legal500-rankings-2021/) - Legal 500 has launched the 2021 edition of The Legal 500 Europe rankings. The results of the research conducted into the legal and fiscal services market in Romania confirm once again NNDKP’s position as a leading law firm in Romania. Our firm achieved Tier 1 rankings (the highest position in the rankings) in 11 areas - [Celebrating 30 years of challenging the standards](https://www.nndkp.ro/news/celebrating-30-years/) - Last year, NNDKP celebrated 30 years of challenging the standards! For us this is an extraordinary achievement and we thank our team and clients for making this possible. Throughout 2020, we celebrated this milestone through 12 visuals, drawing inspiration from nature when talking about our evolution. We invite you now to watch our story in - [Which Lawyer in Romania 2020 - Corporate/M&A Chapter](https://www.nndkp.ro/articles/which-lawyer-in-romania-2020-corporate-ma-chapter/) - Published in Which Lawyer in Romania 2020 - Corporate/M&A Chapter, 13th edition Razvan Vlad and Corina Dumitru, from our Corporate/M&A practice, contributed to the Corporate/M&A Chapter of the latest edition of Which Lawyer on Romania. "Despite the COVID-19 pandemic, the Romanian business environment seems to cope with the challenges generated by the first lockdown (between - [To Budget and Procedurize in 2021: WHISTLEBLOWING](https://www.nndkp.ro/articles/to-budget-and-procedurize-in-2021-whistleblowing/) - 09.04.2021 - Authors: Adriana I. Gaspar and George Trandafir Romanian authorities have recently started the transposition process for Directive (EU) 2019/1937 of the European Parliament and of the Council on the protection of persons who report breaches of Union law (the “Whistleblowers’ Directive). The directive is available here. The transposition bill is currently under public - [Which Lawyer in Romania 2020 - Competition Chapter](https://www.nndkp.ro/articles/which-lawyer-in-romania-2020-competition-chapter/) - Published in Which Lawyer in Romania 2020 - Competition Chapter, 13th edition Georgeta Dinu, Head of NNDKP's Competition practice, contributed to the Competition Chapter of the latest edition of Which Lawyer on Romania. "The crisis generated by the Covid-19 pandemic challenged the boundaries of competition law by requiring closer coordination between market players in crucial - [Tax Flash no.3/2021 - Emergency Ordinance no. 19/2021 regarding certain fiscal measures, as well as for amending and completing normative acts within fiscal field](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-3-2021/) - 01.04.2021 - Emergency Ordinance no. 19/2021 regarding certain fiscal measures, as well as for amending and completing normative acts within fiscal field was published in Official Gazette no. 315 The Fiscal Code Fiscal regulations on early education Between April 1, 2021 and December 31, 2021 inclusive, the granting of the fiscal incentive for early education is - [NNDKP acts as Romanian local counsel in connection with CTP's listing on Euronext](https://www.nndkp.ro/news/nndkp-acts-as-romanian-local-counsel-in-connection-with-ctps-listing-on-euronext/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of an international team of lawyers that assisted CTP in connection with its Initial Public Offering (IPO) on the Euronext stock exchange in Amsterdam. NNDKP proudly acted as local counsel advising on Romanian law aspects on the project. “We are happy to have closely advised CTP, our - [NNDKP assists BCR in the EUR 36 million transaction regarding the transfer of ownership over Bucharest Financial Plaza](https://www.nndkp.ro/news/nndkp-assists-bcr-in-the-eur-36-million-transaction-regarding-the-transfer-of-ownership-over-bucharest-financial-plaza/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) provided legal assistance to Banca Comercială Română (BCR) in relation to the transfer of ownership over the Bucharest Financial Plaza building, the former headquarters of the bank, located on Victoriei Avenue (Calea Victoriei), to Immofinanz, one of the most important real estate groups active in Central and Eastern Europe. - [NNDKP at the conference "Financial and Banking Year 2021"](https://www.nndkp.ro/events/nndkp-at-the-conference-financial-and-banking-year-2021/) - On 16 March, Alina Radu, Partner and Head of our Banking and Finance practice, spoke at the conference "Financial and Banking Year 2021", organized by FinMedia and Piata Financiara. The event was focused on the evolution and trends of the financial and banking system in Romania. - [NNDKP continues to dominate the Chambers Europe rankings](https://www.nndkp.ro/news/nndkp-continues-to-dominate-the-chambers-europe-rankings/) - On March 18, Chambers & Partners released the results of its 2021 European research, a benchmark when it comes to recognizing the best law firms and legal practitioners in the region. Nestor Nestor Diculescu Kingston Petersen (NNDKP) received strong recognition from clients and peers that reconfirmed its prime position on the Romanian business law market. - [Tax Flash no.2/2021 - The amendment and completion of the Fiscal Code and the Accounting Law](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-2-2021/) - 10.03.2021 - Emergency Ordinance no. 13/2021 amending and supplementing Law no. 227/2015 on the Fiscal Code and the Accounting Law no. 82/1991 was published in Official Gazette 197/2021 The Fiscal Code Corporate income tax Expenses incurred by corporate income taxpayers with transactions performed with a person located in a State which is included in Annex - [Promotions at NNDKP - Class of 2021](https://www.nndkp.ro/news/promotions-at-nndkp-class-of-2021/) - NNDKP announced the 2021 class of promotions. 1 lawyer enters NNDKP Partnership 1 lawyer is promoted to the Managing Associate position and 3 lawyers are named Senior Associates 9 practice areas of NNDKP (consultancy and litigation) and regional offices Timișoara and Cluj-Napoca where promotions were made a total of 30 lawyers advance in their roles - [Care sunt efectele deciziilor de anulare/suspendare ale unui plan urbanistic zonal (PUZ)?](https://www.nndkp.ro/articles/care-sunt-efectele-deciziilor-de-anulare-suspendare-ale-unui-plan-urbanistic-zonal-puz/) - 03.03.2021 - Authors: Daniela Gramaticescu and Alexandru Lăcureanu Pronunțarea unor decizii de anulare a planurilor urbanistice zonale de sector din Municipiul București (PUZ Sector 3, PUZ Sector 6) face subiectul tot mai multor informări de presă din ultima perioadă. În plus, recent, s-a materializat o intenție a Primarului General de a suspenda planurile de urbanism - [NNDKP assists Clinica Victoria in establishing a partnership with EquiLiant Capital](https://www.nndkp.ro/news/nndkp-assists-clinica-victoria-in-establishing-a-partnership-with-equiliant-capital/) - NNDKP assisted Clinica Victoria in the transaction for establishing a partnership with EquiLiant Capital, the investment fund financed by Pavăl Holding, oriented towards investments in small and medium-sized companies. EquiLiant invested in Clinica Victoria, acquiring a minority stake in the company following an increase of the share capital. Clinica Victoria, established by Daniel and Cristian - [NNDKP at ZF Power Summit 2021](https://www.nndkp.ro/events/nndkp-at-zf-power-summit-2021/) - On 23 and 24 February 2021, Gabriela Cacerea and Ruxandra Bologa, Co-heads of NNDKP's Energy and Natural Resources practice, spoke at the 10th edition of ZF Power Summit, organized by Ziarul Financiar. This year's edition focused on the investments in the energy sector in the context of the energy transition. More details about the event, - [NNDKP wins case related to the annulment of documents issued by the tax authorities with respect to transfer pricing matters](https://www.nndkp.ro/news/nndkp-wins-case-related-to-the-annulment-of-documents-issued-by-the-tax-authorities-with-respect-to-transfer-pricing-matters/) - NNDKP successfully represented a company which is a member of a well-known French industrial group operating in the tools manufacturing sector, in a dispute having as subject matter the annulment of documents issued by tax authorities that imposed additional taxes in excess of 4 million lei as well as other penalties due to the incorrect - [Will the Romanian offshore be the expected investment driver for new energy projects?](https://www.nndkp.ro/articles/will-the-romanian-offshore-be-the-expected-investment-driver-for-new-energy-projects/) - 17.02.2021 - Authors: Ruxandra Bologa and Emanuel Flechea With the main goal of the EU being to cut CO2 emissions in order to become carbon neutral by 2050, offshore represents valuable “available space” for the development of clean energy projects. While in some cases offshore is already a crowded place, other offshore locations are still - [NNDKP attorneys obtain landmark decision on the requirements imposed on tenderers in a public tender procedure regarding the modernization of a Romanian railway line](https://www.nndkp.ro/news/nndkp-attorneys-obtain-landmark-decision-on-the-requirements-imposed-on-tenderers-in-a-public-tender-procedure-regarding-the-modernization-of-a-romanian-railway-line/) - NNDKP has successfully assisted and represented a private company in a dispute resolved by the Bucharest Court of Appeals, concerning the requirements imposed on tenderers in a public tender procedure organized for the modernization of a Romanian railway line. The dispute concerned the lawfulness of the manner in which the contracting authority made the submission - [NNDKP at the debate A direct tax tougher than excise duties: the pandemic](https://www.nndkp.ro/events/nndkp-at-the-debate-a-direct-tax-tougher-than-excise-duties-the-pandemic/) - On 5 October 2020, Ciprian Paun, Co-head of NNDKP Cluj-Napoca office, was a speaker at the debate A direct tax tougher than excise duties: the pandemic, organized by the Society of Legal Sciences and the Bucharest Bar. The recording of this event is available here. More details about the event, agenda and speakers are available - [Complex litigation in the field of infrastructure in relation to claims amounting to 150 million lei, successfully finalized by the NNDKP lawyers](https://www.nndkp.ro/news/complex-litigation-in-the-field-of-infrastructure-in-relation-to-claims-amounting-to-150-million-lei-successfully-finalized-by-the-nndkp-lawyers/) - NNDKP successfully assisted and represented one of the largest Italian entrepreneurs operating in Romania in infrastructure projects against the company that manages the national railway network. The litigation had a final settlement of over 5 years and concerned the claims of the contractor, made against the Contracting Authority in connection with the execution of the - [Conferinta NNDKP CELF 2021](https://www.nndkp.ro/events/celf-conference-2021/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) prin echipa Centrului de Excelenta in Litigii Fiscale (NNDKP CELF) si Ziarul Financiar, organizeaza miercuri, 17 februarie 2021, videoconferinta Disputele fiscale la vreme de pandemie Evenimentul este organizat online, se va desfasura in intervalul 09.30-11.30 si va fi transmis live pe ZF.ro si pe pagina de Facebook a ZF. - [NNDKP at the Competition in Public Procurement - Competition Risks and Practical Remedies Conference](https://www.nndkp.ro/events/nndkp-at-the-competition-in-public-procurement-competition-risks-and-practical-remedies-conference/) - On 11 November 2020, Georgeta Dinu, Partner and Head of Competition, State Aid and EU Law practices, and Anca Pascu, Senior Associate in the same practice areas, were speakers at the 4th edition of the Competition in Public Procurement - Competition Risks and Practical Remedies Conference, organized by the Competition Council in partnership with AmCham - [Scurte considerații practice legate de mutabilitatea clauzei penale](https://www.nndkp.ro/articles/scurte-consideratii-practice-legate-de-mutabilitatea-clauzei-penale/) - 03.02.2021 - Author: Radu Damaschin Mutabilitatea clauzei penale este înțeleasă ca fiind posibilitatea judecătorului de a interveni asupra cuantumului clauzei penale în sensul diminuării acesteia în condițiile prevăzute de art. 1541 Cod civil. În general, atât literatura juridică, cât mai ales practica, au fost preocupate cu precădere de latura substanțială a problemei, mai exact de - [Tax Flash no.1/2021 - The amendment and completion of certain normative acts and the extension of certain deadlines](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-1-2021/) - 14.01.2021 - Emergency Ordinance no.226/2020 regarding certain fiscal-budgetary measures and amending and supplementing certain normative acts and extending certain deadlines was published in Official Gazette 1332/2020 Amendments to Law no. 296/2020 The elimination of the 30% ceiling of the amount of receivables for the deductibility of adjustments for impairment of receivables is extended until 1 - [NNDKP assists DKV with its further expansion on the Romanian market](https://www.nndkp.ro/news/nndkp-assists-dkv-with-its-further-expansion-on-the-romanian-market/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) provided legal assistance to DKV in the acquisition of Smart Diesel, the largest independent fuel company in Romania. DKV is the market leader providing cash-free service en route to the transport business on the European motorways and traffic roads. Through this transaction DKV continues its expansion strategy and consolidates - [2020 you definitely made an impression! 2021, what are you made of?](https://www.nndkp.ro/news/recap-2020/) - It is time to say farewell to 2020, a year that made us think about the things we are grateful for, and most importantly, it reminded us that communities can only grow stronger together. Only by listening and helping each other we can move forward together. We thank our teams across the country for their - [Tax Flash no.20/2020 - The publication of the laws amending the Fiscal Code and the Fiscal Procedure Code](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-20-2020/) - 22.12.2020 Law no. 296/2020 amending and completing Law no. 227/2015 on the Fiscal Code was published in the Official Gazette no. 1269/2020. Law no. 295/2020 amending and completing Law no. 207/2015 on the Fiscal Procedure Code, as well as certain fiscal-budgetary measures was published in the Official Gazette no. 1266/2020. We remind you that the - [Tax Flash no.19/2020 - The amendment of the Fiscal Code and of the Fiscal Procedure Code](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-19-2020/) - 27.11.2020 - Two draft laws amending the Fiscal Code and the Fiscal Procedure Code were adopted by the Chamber of Deputies update 22.12.2020 - The laws amending the Fiscal Code and the Fiscal Procedure Code were published in the Official Gazette The Romanian version of the document on the provisions of the draft Law amending - [NNDKP assists OPEL (Groupe PSA) in the transfer of its Romanian business to Trust Motors](https://www.nndkp.ro/news/nndkp-assisted-opel-business-transfer/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) provided legal and tax assistance to Opel (Groupe PSA) in relation to the transfer of its Romanian business to Trust Motors, an independent importer for Peugeot, Citroen and DS brands. Following the completion of the transaction, the entire activity of Opel in Romania and its local team will be - [NNDKP Assisted a Syndicate of Banks in Providing a Loan in the Amount of Approximately EUR 90 million to Carmistin Group](https://www.nndkp.ro/news/nndkp-assisted-a-syndicate-of-banks-in-providing-a-loan-in-the-amount-of-approximately-eur-90-million-to-carmistin-group/) - NNDKP successfully assisted a syndicate of banks - comprising Banca Comercială Română S.A. (member of Erste Group), acting as Bookrunner, Mandated Lead Arranger, Documentation Agent and Facility and Security Agent, CEC Bank as Mandated Lead Arranger, and participating banks EximBank SA, Intesa Sanpaolo Romania SA and OTP Bank Romania SA – in granting an EUR - [Romania Chapter in ICLG Patents 2021](https://www.nndkp.ro/articles/romania-chapter-in-iclg-patents-2021/) - Published in "The International Comparative Legal Guide to: Gambling 2019", 5th edition - [Romania Chapter in ICLG Gambling 2021](https://www.nndkp.ro/articles/iclg-gambling-2021/) - Published in "The International Comparative Legal Guide to: Gambling 2019", 5th edition - [NNDKP at the Romanian Competition and Antitrust Forum 2020](https://www.nndkp.ro/events/nndkp-at-the-romanian-competition-and-antitrust-forum-2020/) - On 10 November 2020, Georgeta Dinu, Partner and Head of Competition, State Aid and EU Law practices, was a speaker at the Romanian Competition and Antitrust Forum, 2020 edition. Georgeta delivered a presentation on Competition, fairness and transparency in online intermediation - the new generation of regulations. More details about the event, agenda and speakers - [NNDKP assisted CTP in the largest acquisition on the Romanian logistics market in 2020](https://www.nndkp.ro/news/nndkp-assisted-ctp-in-the-largest-acquisition-on-the-romanian-logistics-market-in-2020/) - NNDKP assisted CTP, the largest developer and long-term manager of industrial and logistics parks in Romania and Central and Eastern Europe in the transaction that involved the acquisition of a 95.000 sqm area of buildings from the Australian group, Cromwell Property. “We are happy to have completed this acquisition, which was aimed at increasing CTP’s - [Tax Flash no.18/2020 - The increase of the value of residences for which a 5% VAT rate is applied](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-18-2020/) - 16.11.2020 - Law no.248/ for the amendment of art. 291 of Law no. 227/2015 regarding the Fiscal Code was published in Official Gazette 1079/2020 Starting with January 1, 2021, the 5% VAT rate applies to the supply, to individuals, of residences that have a maximum surface area of 120m2 excluding household annexes, whose value, including - [Tax Flash no.17/2020 - The deadlines for the reporting of cross-border arrangements under Directive DAC 6 are closing in](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-17-2020/) - 05.11.2020 - We remind you that the deadlines for the reporting of cross-border arrangements under Directive DAC 6 are closing in DAC 6 In addition to all the “usual” year-end closing works, the beginning of 2021 also brings the obligation to report cross-border arrangements, based on Directive (EU) 2018/822/EC (“DAC 6”), as implemented in Romania - [Latest news in the corporate field - Simplifying and de-bureaucratization of the share transfer procedure and the payment of the share capital in case of limited liability companies](https://www.nndkp.ro/legal-tax-updates/latest-news-in-the-corporate-field-2-2020/) - 02.11.2020 - Law no. 223/2020 for simplifying and de-bureaucratization of the share transfer procedure and the payment of the share capital via the amendment of Companies’ Law no. 31/1990 (“Law 223/2020”) has been ratified by the Romanian President on 30th of October 2020 and follows to be shortly published within the Official Gazette of Romania - [Tax Flash no.16/2020 - Additional fiscal measures in the context of COVID-19](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-16-2020/) - 27.10.2020 -Emergency Ordinance no.181/2020 regarding certain fiscal-budgetary measures and for the amendment and completion of some normative acts as well as for the extension of certain deadlines was published in Official Gazette 988/2020 FISCAL CODE AMENDMENTS The cost of medical tests for diagnosing COVID-19 infection are considered deductible when calculating the corporate income tax or - [Tax Flash no.15/2020 - The amendment of the Methodological Norms for the application of the Fiscal Code](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-15-2020/) - 23.10.2020 - Decision no. 864/2020 amending and supplementing the Methodological Norms for the application of Law no. 227/2015 regarding the Fiscal Code, approved by Government Decision no. 1/2016 was published in Official Gazette 956/2020 Corporate income tax The expenses performed in order to comply with the compensation obligations provided by Government Emergency Ordinance no. 189/2002 on - [Scurte considerații în legătură cu intervenția voluntară în materia achizițiilor publice](https://www.nndkp.ro/articles/public-procurement-analysis-2020/) - 22.10.2020 - Author: Radu Damaschin Disputele judiciare referitoare la atribuirea contractelor de achiziție publică au particularitatea că se transformă de cele mai multe ori într-un război al tuturor împotriva tuturor. Cauze care inițial privesc acte ale autorităților contractante referitoare la un anumit ofertant, devin un joc de strategie în care toți ceilalți competitori caută să - [NNDKP assists the shareholders of Medima Health in establishing a strategic partnership with the private equity fund Morphosis Capital](https://www.nndkp.ro/news/nndkp-assists-the-shareholders-of-medima-health-in-establishing-a-strategic-partnership-with-the-private-equity-fund-morphosis-capital/) - NNDKP assisted Medima Health, a chain of medical clinics specialized in imaging and radiology, in relation to the sale of the majority stake held by renowned radiology professor Dr. Gheorghe Iana and seasoned CEO, Vlad Ardeleanu to Morphosis Capital, as well as in establishing a strategic partnership with the private equity fund. Răzvan Vlad, Partner - [NNDKP Launches ”Privacy Out Loud”, a Blog Dedicated to Data Protection and Security](https://www.nndkp.ro/news/launching-privacy-out-loud-blog/) - NNDKP is the first law firm in Romania that established a standalone practice dedicated to data protection, starting from 2008. Our vision has always been that the entire business community should regard data protection as a continuous operational process. Thus, NNDKP celebrates 12 years since the firm set up a standalone practice dedicated to data - [Tax Flash no.14/2020 - Measures to stimulate the maintenance / increase of equity and clarifications regarding the corporate income tax bonus](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-14-2020/) - 09.09.2020 - Emergency Ordinance no. 153/2020 for the establishment of fiscal measures to stimulate the maintenance / increase of equity, as well as for the completion of normative acts was published in Official Gazette 817/2020 Measures to stimulate the maintenance / increase of equity Taxpayers (corporate income tax payers, micro-enterprises tax payer, and specific tax - [NNDKP at Tomorrow@Work 2020](https://www.nndkp.ro/events/nndkp-at-ceder-2020-2/) - On 25 June 2020, NNDKP was at Tomorrow@Work 2020 online conference, organized by Business Mark. Our Managing Associate and Co-Head of the Employment practice, Roxana Abrasu, was invited as a speaker and talked about various employment matters. - [NNDKP at REBEC 2020](https://www.nndkp.ro/events/nndkp-at-rebec-2020/) - On 1 July 2020, NNDKP was at REBEC 2020 (Real Estate Belgrade Exhibition & Conference). Our Partner from Real Estate practice, Lavinia Ionita Rasmussen, was invited as a speaker in the panel "Property Investment: 2020/2025". - [NNDKP CELF Alert no. 2/2020 - DAC 6 - Privire comparativă la nivelul UE](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-no-2-2020/) - La data de 25 mai 2018, Consiliul pentru Afaceri Economice și Financiare (ECOFIN) a adoptat amendamentele la Directiva privind cooperarea administrativă în domeniul fiscal (denumită colocvial DAC 6) în ceea ce privește schimbul automat obligatoriu de informații în domeniul fiscal cu privire la tranzacțiile transfrontaliere care fac obiectul raportării. De regulă, DAC 6 impune intermediarilor - [NNDKP CELF ALERT - Agreement with respect to a proposal intended to increase transparency in order to combat aggressive fiscal arrangements at cross-border level](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-2-2019/) - On March 13, 2018, the European Council reached an agreement with respect to a proposal intended to increase transparency in order to combat aggressive fiscal arrangements at cross-border level. Directive 822/2018, colloquially referred to as ”DAC6” is intended to create a fiscal transparency framework and sets forth for entities acting like intermediaries, such as tax - [Tax Flash no.13/2020 - Instructions for the application of the VAT exemption](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-13-2020/) - Order no. 2148/2020 regarding the amendment and completion of the Instructions for the application of the VAT exemption for the operations provided in art. 294 paragraph (1) let. A) -i), art. 294 para. (2) and art. 296 of Law no. 227/2015 on the Fiscal Code, approved by Order no. 103/2016 was published in Official Gazette - [Problema clarității legii și transparenței modului de determinare a taxei clawback, pe masa dezbaterilor la Curtea Constituțională](https://www.nndkp.ro/legal-tax-updates/clawback-tax-issue/) - 20.07.2020 - Author: Daniela Gramaticescu Înalta Curte de Casație și Justiție a decis sesizarea Curții Constituționale cu o nouă excepție de neconstituționalitate în materia clawback. Admite cererea de sesizare a Curții Constituționale formulată de recurenta-reclamantă. Sesizează Curtea Constituțională cu soluționarea excepției de neconstituționalitate a dispozițiilor art. 3 alin. (3) și art. 5 alin. (4) şi - [Romania Chapter in WTR Yearbook 2020/2021](https://www.nndkp.ro/articles/romania-chapter-in-wtr-yearbook-2020-2021/) - Published in "The International Comparative Legal Guide to: Gambling 2019", 5th edition - [Tax Flash no.12/2020 - The extension of certain deadlines provided by EO 6/2019](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-12-2020/) - Law no. 114/2020 on the approval of Emergency Ordinance no. 90/2020 for the amendment of Ordinance no. 6/2019 on the establishment of fiscal facilities, as well as for the amendment of other normative acts was published in Official Gazette 600/2020 Debtors in financial difficulty for which there is a risk of insolvency may restructure their - [Latest news in the corporate field](https://www.nndkp.ro/legal-tax-updates/latest-news-in-the-corporate-field/) - On July 2, 2020, Law no. 102/2020 amending and supplementing Companies Law no. 31/1990 was published in the Official Gazette of Romania no. 583/2020, and it will enter into force within three days as of the publication, starting with July 05, 2020. Currently, under Companies Law no. 31/1990, the process of establishing the headquarters of - [Commission approves €800 million Romanian scheme to support companies affected by the coronavirus outbreak](https://www.nndkp.ro/legal-tax-updates/covid-19-commission-approves-800-million-euro-scheme-support-romania/) - The European Commission has approved, under its Temporary Framework, a RON 4 billion (approx. €800 million) Romanian scheme to support companies affected by the coronavirus outbreak. The public support will take the form of subsidised loans and State guarantees on loans and will be managed by the development bank arm of Export Import Bank of - [Tax Flash no.11/2020 - Extension of the DAC 6 reporting deadline](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-11-2020/) - Emergency Ordinance no. 107/ 2020 regarding the amendment of art. II of Ordinance no. 5/2020 for the amendment and completion of Law no. 207/2015 on the Fiscal Procedure Code and for the extension of certain deadlines was published in the Official Gazette 579/2020 The reporting deadlines for cross-border arrangements provided for in Directive 2018/822 amending - [NNDKP at the conference The largest companies in the economy](https://www.nndkp.ro/events/nndkp-at-the-conference-the-largest-companies-in-the-economy/) - On 25 June 2020, NNDKP was at the videoconference The largest companies in the economy, organized by Ziarul Financiar. Our Partner and Co-Head of the NNDKP Tax Advisory Services, Alina Timofti, was invited as a speaker and talked about various fiscal matters. The recorded videoconference is available here. - [NNDKP at CEDER 2020](https://www.nndkp.ro/events/nndkp-at-ceder-2020/) - On 24 June 2020, NNDKP was at CEDER 2020, organized by CIJ Europe. Our Partner and Co-Head of the Real Estate practice, Ioana Niculeasa, was invited as a speaker in the panel "Industrial/Logistics: Can Romania add value in the new supply chain paradigm?". The recorded panel is available here. - [NNDKP at Tax & Finance Forum 2020](https://www.nndkp.ro/events/nndkp-at-tax-finance-forum-2020/) - On 17 June 2020, NNDKP was at Tax & Finance Forum 2020 videoconference, organized by Business Mark. Partner Alexandru Aparaschivei, from NNDKP Tax Advisory Services, was invited as a speaker and gave a presentation on the latest decisions of the Court of Justice of the European Union (CJEU) regarding VAT matters. - [COVID-19 Legal & Tax Resource Center - Weekly Update (22-26 June 2020)](https://www.nndkp.ro/legal-tax-updates/covid-19-legal-tax-resource-center-weekly-update-22-26-june-2020/) - The entire business community has entered new phases of the COVID-19 pandemic. Reopening businesses and economies in a safe and gradual manner, while continuing to implement effective prevention measures, is the current focus of both companies and authorities. Our COVID-19 Legal & Tax Resource Center facilitates your access to valuable knowledge and legal insights in - [Tax Flash no.10/2020 - Additional fiscal support measures in the context of the COVID-19](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-10-2020/) - Emergency Ordinance no. 99/ 2020 regarding certain fiscal measures, amending some normative acts and extending some deadlines was published in the Official Gazette 551/2020 Taxpayers liable to pay the tax specific to certain activities do not owe specific tax for a period of 90 days calculated from the date of entry into force of the - [NNDKP Partners featured in IFLR1000 Women Leaders 2020](https://www.nndkp.ro/news/nndkp-partners-featured-in-iflr1000-women-leaders-2020/) - We are proud to announce that 4 out of the 10 Romanian female lawyers recognized by IFLR1000 as the leading female transaction lawyers in the world in the IFLR 1000 Women Leaders 2020 are part of NNDKP team. Congratulations to our colleagues Adriana Gaspar, Alina Radu, Adina Chilim-Dumitriu and Ruxandra Maria Bologa! We are proud - [Processing data concerning health for scientific research purposes](https://www.nndkp.ro/legal-tax-updates/processing-data-concerning-health-for-scientific-research-purposes/) - 10.06.2020 - Authors: Irina Vasile, Claudia Urda, Madalina Panca The European Data Protection Board (EDPB, the Board) recently published Guidelines 03/2020 on the processing of data concerning health for the purpose of scientific research in the context of the COVID-19 outbreak (the Guidelines). In our previous article, we tackled points of interest regarding processing personal - [Tax Flash no.9/2020 - Extension of some fiscal facilities and the extension of deadlines](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-9-2020/) - Emergency Ordinance no. 90/ 2020 amending Government Ordinance no. 6/2019 regarding the establishment of fiscal facilities, as well as for the other normative acts was published in the Official Gazette 459/2020 The budgetary obligations declared by the debtor or established by the competent fiscal authority by decision after April 1, 2020, related to the fiscal - [COVID-19 Legal & Tax Resource Center - Weekly Update (25-29 May 2020)](https://www.nndkp.ro/legal-tax-updates/covid-19-legal-tax-resource-center-weekly-update-25-29-may-2020/) - The entire business community has entered new phases of the COVID-19 pandemic. Reopening businesses and economies in a safe and gradual manner, while continuing to implement effective prevention measures, is the current focus of both companies and authorities. Our COVID-19 Legal & Tax Resource Center facilitates your access to valuable knowledge and legal insights in - [COVID-19 Legal & Tax Resource Center - Weekly Update (18-22 May 2020)](https://www.nndkp.ro/legal-tax-updates/covid-19-legal-tax-resource-center-weekly-update-18-22-may-2020/) - Our COVID-19 Legal & Tax Resource Center facilitates your access to valuable knowledge and legal insights on the implications of the coronavirus pandemic in various fields in Romania. Sections on State of Alert, Approaches, Employment, GDPR and Certificates for Emergency Situations are updated with new information on the Resources Center’s page: HERE. Articles & Updates - [NNDKP at the Competition and Antitrust Forum - Cartels 2019](https://www.nndkp.ro/news/nndkp-at-the-competition-and-antitrust-forum-cartels-2019/) - On 7 November 2019, NNDKP was at the Romanian Competition and Antitrust Forum - Cartels 2019 organized by Govnet in Bucharest, at Sheraton Hotel. Our Partner Georgeta Dinu was invited as a speaker at the conference and delivered a presentation on "Compensation for damages resulting from cartels. Recent developments." - [M&A transactions: key legal, tax and business aspects conference](https://www.nndkp.ro/news/ma-transactions-key-legal-tax-and-business-aspects-conference/) - On 19 November 2019, NNDKP and Business Mark organized the conference “M&A transactions: key legal, tax and business aspects in a 360-degree perspective” at hotel Hilton Garden Inn in Bucharest. NNDKP’s specialists, Ruxandra Bologa, Partner and co-head of the Corporate/M&A practice, Georgeta Dinu, Partner and co-head of Competition, State Aid and EU Law practices, Silviu - [NNDKP Tax Advisory Services at Tax EU Forum 2020](https://www.nndkp.ro/events/nndkp-tax-eu-forum-2020/) - Between 6-7 February 2020, NNDKP Tax Advisory Services was at Tax EU Forum, organized by Evensys in Bucharest. The 14th edition of the forum tackled the most important legislative and fiscal challenges in 2019 with a focus on the new legislative changes and their impact on the Romanian fiscal environment. Our Tax advisors Marius Ionescu, - [NNDKP at ZF Power Summit 2020](https://www.nndkp.ro/events/nndkp-zf-power-summit-2020/) - Between 17-18 February 2020, NNDKP was at ZF Power Summit 2020, organized by Ziarul Financiar in Bucharest. The 9th edition of the summit focused on the energy transition and the concrete measures this transition could be achieved. Our Partners and co-heads of the Energy and Natural Resources practice, Gabriela Cacerea and Ruxandra Bologa were invited - [Pre-MIPIM event in Romania, 2nd edition](https://www.nndkp.ro/news/pre-mipim-event-in-romania-2nd-edition/) - NNDKP together with Reed MIDEM - organizers of MIPIM, Matei Borbely + Partners and CBRE, our partner of the 2020 event organized on 27 February 2020 a club-style high profile gathering in Bucharest at Hilton Garden Inn (Old Town). The invited speakers included: Dimitris Raptis, Deputy Chief Executive Officer and Chief Investment Officer, Globalworth Ulf - [NNDKP at the Electronic Signature - eID videoconference](https://www.nndkp.ro/events/nndkp-at-electronic-signature-eid/) - On 14 May 2020, NNDKP was at Electronic Signature - eID videoconference, organized by Govnet. Our Partner and Co-Head of the Corporate/M&A practice, Ruxandra Bologa was invited as a speaker at the event and provided a legal perspective on the electronic signature topic. The recorded videoconference is available here. - [NNDKP at ZF Cybersecurity Trends 2020](https://www.nndkp.ro/events/nndkp-at-zf-cybersecurity-trends-2020/) - On 21 May 2020, NNDKP was at ZF Cybersecurity Trends 2020 videoconference, organized by Ziarul Financiar. Our Partner and Co-Head of the Data Protection practice, Roxana Ionescu was invited as a speaker on data protection and security matters. The recorded videoconference is available here. - [NNDKP at ZF Restart Romania](https://www.nndkp.ro/events/nndkp-at-zf-restart-romania/) - On 5 May 2020, NNDKP was at ZF Restart Romania videoconference, organized by Ziarul Financiar. Our Partner and Head of the Banking and Finance practice, Alina Radu was invited as a speaker at the event. The recorded videoconference is available here. - [Romanian Energy Regulator vs. Romanian Gas Producers: Indirect regulation of the wholesale prices for Romanian gas](https://www.nndkp.ro/legal-tax-updates/romanian-energy-regulator-vs-romanian-gas-producers-indirect-regulation-of-the-wholesale-prices-for-romanian-gas/) - 20.05.2020 - Authors: Ruxandra Bologa & Raluca Gabor The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. Setting natural gas prices, directly or indirectly, is already a tradition in Romania and 2020 is not an exception to the rule. In spite - [Promotions at NNDKP - Class of 2020](https://www.nndkp.ro/news/promotions-at-nndkp-class-of-2020/) - NNDKP announced today the 2020 class of promotions. 1 lawyer and 1 tax consultant enter the NNDKP Partnership 5 lawyers are promoted to the Managing Associates position and 3 fiscal consultants become Tax Directors; additionally, 10 lawyers are named Senior Associates 10 practice areas of NNDKP (consultancy, litigation and tax) where promotions were made Eva - [Tax Flash no.8/2020 - The application of rent payment facilities for the state of emergency period](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-8-2020/) - Law 62/2020 on the application of rent payment facilities for the emergency period was published in the Official Gazette 425/2020 Economic operators, practitioners of the liberal professions and legal entities whose activity has been discontinued or whose incomes or revenues have decreased by at least 15% in March 2020 compared to the average of the - [Pandemia aduce Amnistia...Fiscală](https://www.nndkp.ro/legal-tax-updates/fiscal-amnesty-law-2020/) - 18.05.2020 - Author: Lucian Barbu Printre măsurile de ajutorare a economiei instituite recent de guvern se numără și așa-zisa amnistie a dobânzilor și penalităților fiscale. Aceasta a fost adoptată prin Ordonanța de Urgență nr. 69/2020 publicată în Monitorul Oficial nr. 393/14 mai 2020. În esență, cei care au datorii către bugetul statului pot beneficia de - [Tax Flash no.7/2020 - The amendment of the Fiscal Code](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-7-2020/) - Emergency Ordinance no. 69/2020 for the amendment and completion of Law no. 227/2015 regarding the Fiscal Code as well as for the establishment of certain fiscal facilities was published in the Official Gazette 393/2020 FISCAL CODE Income tax and social security contributions Starting with 2021, bonuses of up to 10% of the annual income tax, - [COVID-19 Legal & Tax Resource Center - Weekly Update (11-15 May 2020)](https://www.nndkp.ro/legal-tax-updates/covid-19-legal-tax-resource-center-weekly-update-11-15-may-2020/) - Our COVID-19 Legal & Tax Resource Center facilitates your access to valuable knowledge and legal insights on the implications of the coronavirus pandemic in various fields in Romania. NNDKP Legal & Tax SPACE initiative: Cluj Legal Weeks – second series (video recordings available below) Risks of tax non-compliance during the state of emergency Contractual relations - [Insolvențele în Starea de Alertă](https://www.nndkp.ro/legal-tax-updates/insolventele-in-starea-de-alerta/) - 14.05.2020 - Author: Peggy Suica-Neagu & Elena Triscariu Măsurile administrative adoptate în lupta cu virusul SARS-CoV-2 pentru reducerea extinderii acestuia au produs, în mod previzibil, consecințe financiare negative în mediul de afaceri, care s-a confruntat în contextul acestor măsuri cu o lipsă de lichidăți. În sprijinul mediului de afaceri și, în mod particular, al societăților - [Is the future of the European Green Deal threatened by the COVID-19 pandemic? Focus on the national energy sector](https://www.nndkp.ro/legal-tax-updates/is-the-future-of-the-european-green-deal-threatened-by-the-covid-19-pandemic/) - 12.05.2020 - Authors: Gabriela Cacerea & Emanuel Flechea In their attempt to reduce the spread of the new coronavirus pandemic of COVID-19 caused by the SARS-CoV-2 virus, governments throughout the European Union have imposed unparalleled measures with a strong impact on travel and economic activity. As the rate of new coronavirus infections started dropping across - [Comisia Europeană a aprobat noul ajutor de stat pentru consumatorii electro-intensivi de energie electrică](https://www.nndkp.ro/legal-tax-updates/state-aid-electricity-consumers/) - 12.05.2020 - Author: Raluca Gabor În data de 11.05.2020, Comisia Europeană a aprobat schema de ajutor de stat prevăzută de Ordonanța de Urgență a Guvernului nr. 81/2019 pentru instituirea unei scheme de ajutor de stat privind sprijinirea întreprinderilor din sectoarele şi subsectoarele expuse unui risc important de relocare ca urmare a transferului costului emisiilor de gaze - [Impact of COVID-19 on holding the general shareholders meetings – new temporary measures, for non-listed companies only](https://www.nndkp.ro/legal-tax-updates/impact-of-covid-19-on-holding-the-general-shareholders-meetings-new-temporary-measures/) - 12.05.2020 - Author: Corina Dumitru The long-awaited government enactment on the holding of the general meeting of shareholders in the context of COVID-19 outbreak was finally passed in the form of the Government Emergency Ordinance No. 62/2020 that entered into force on May 8 (Ordinance 62). However, Ordinance 62 lost the momentum for the annual - [Powerful Business Response to Global Health Challenge](https://www.nndkp.ro/articles/powerful-business-response-to-global-health-challenge/) - 9.05.2020 - Author: Adriana Gaspar NNDKP provides constantly updated resources on its website and company-tailored or industry-specific support upon request. Humanity needs from each of us unprecedented contributions to support and enhance healthcare systems’ response to the coronavirus threat. Money, good citizenship values, personal time, individual limitations and privations and brain waves, in any proportion, - [Financial Relief for Media and Telecom Players](https://www.nndkp.ro/legal-tax-updates/financial-relief-for-media-and-telecom-players/) - 9.05.2020 - Author: Alina Vizitiu As a result of the evolution of the international epidemiological situation determined by the spread of SARS-CoV-2 coronavirus and considering the state of emergency declared by Decree no. 195/2020 on the establishment of the state of emergency on the territory of Romania, as well as its extension by Decree no. - [If the economic relief measures implemented by the Romanian state do not suffice, what to do next?](https://www.nndkp.ro/legal-tax-updates/if-the-economic-relief-measures-implemented-by-the-romanian-state-do-not-suffice-what-to-do-next/) - 8.05.2020 - Author: Mirela Preda & Emanuel Flechea Same as most of the states where SARS-CoV-2 crisis emerged, Romania has adopted a quite extensive package of measures meant to sustain the shaken economy pending the cease of the emergency state. In this context, the Romanian Government regulated and is still implementing certain specific measures for - [Succinte considerații despre deblocarea procedurii de lichidare a bunurilor aflate sub sechestru penal ce aparțin societăților în insolvență - după decizia hp nr. 1/2020](https://www.nndkp.ro/legal-tax-updates/covid19-unblocking-liquidation-assets/) - 6.05.2020 - Author: Peggy Suica-Neagu & Elena Triscariu Numărul de insolvențe în România este, la momentul de față, semnificativ și, cel mai probabil, urmează a înregistra un trend ascendent având în vedere prognozele economice care prefigurează – pentru perioada următoare - o nouă recesiune economică. La nivel național, legiuitorul român a procedat la adoptarea unor - [Valoarea probatorie a înscrisurilor în formă electronică/ înscrisurilor pe suport hârtie / înscrisurilor pe suport informatic. Un aspect procedural de care nu trebuie sa uităm în această perioadă](https://www.nndkp.ro/legal-tax-updates/covid19-probation-values-documents/) - 5.05.2020 - Author: Daniela Gramaticescu & Madalina Pacala Contextul actual, în care dreptul la liberă circulație și libertatea întrunirilor au fost restrânse, a impus frecvent soluţia încheierii contractelor la distanță pentru continuarea relațiilor economice (civile/comerciale). Deşi aparent simplă şi la îndemână această soluţie, date fiind şi modificările legislative de dată recentă privind semnătura electronică, aceasta - [Package Travel Directive – COVID-19 adjustments strongly needed](https://www.nndkp.ro/legal-tax-updates/package-travel-directive-covid-19-adjustments-strongly-needed/) - 4.05.2020 - Author: George Trandafir COVID-19 hit worldwide tourism at unprecedented level. UNWTO estimated, as of March 2020, aggregate losses of up to USD 350-400 billion (that is one-third of the global turnover of tourism business) (details available here) In recent days, with the lockdown triggering economic consequences that may well go beyond the states’ - [Foreign investments from third countries. A change in the European optics?](https://www.nndkp.ro/legal-tax-updates/foreign-investments-from-third-countries-a-change-in-the-european-optics/) - 30.04.2020 - Author: Ada Butnaru The Covid-19 pandemic situation has emerged as more than just a healthcare crisis. Accordingly, the focus is to address and anticipate at the same time the economic and social implications which are still at an early stage. What we are rapidly starting to acknowledge is that the circumstances created by - [Asigurarea libertății de circulație a mărfurilor esențiale pe teritoriul UE pe timpul pandemiei de COVID-19](https://www.nndkp.ro/legal-tax-updates/covid-19-free-movement-of-essential-goods-eu/) - 29.04.2020 - Author: Oana Partenie & Ana-Maria Ciocan Pentru a menține functională piața unică europeană și a nu agrava impactul economic și social resimțit de statele europene și care a fost generat de pandemia de coronavirus, la nivelul Uniunii Europene au fost adoptate o serie de politici menite a asigura libera circulație a mărfurilor și - [Legal 500 Rankings – NNDKP is recommended as a Top-Tier Firm in 10 areas of practice and 31 professionals are recommended by the guide in its 2020 edition](https://www.nndkp.ro/news/legal500-rankings-2020/) - Legal 500 launched the 2020 edition of The Legal 500 Europe rankings. The results of the guide’s research into the legal and fiscal services market in Romania prove once again that NNDKP is one of the leading law firms in Romania, our firm being acknowledged as a top-tier firm in 10 areas of practice. NNDKP - [Corporate governance and registration with the Romanian Trade Registry during COVID - 19 - emergency kit required](https://www.nndkp.ro/legal-tax-updates/corporate-governance-and-registration-with-the-romanian-trade-registry-during-covid-19-emergency-kit-required/) - 22.04.2020 - Author: Ruxandra Bologa & Raluca Gabor As of 16 March, the day when the state of emergency was declared in Romania, the Government has adopted an impressive number of pieces of legislation aimed at preventing and limiting the spread of the new coronavirus, on one hand, and at reducing the negative impact on - [Tax Flash No. 6/2020 - Clarifications regarding the indemnities received during the state of emergency](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-6-2020/) - Emergency Ordinance 53/2020 regarding the modification and completion of normative acts regarding social protection measures determined by the spread of coronavirus SARS-Cov-2 was published in the Official Gazette 325/2020 The Emergency Ordinance amends the following normative acts: Emergency Ordinance no. 30/2020 For the indemnities received during the state of emergency, the beneficiary individuals owe income - [Emission trading scheme in the times of COVID-19 lockdown](https://www.nndkp.ro/legal-tax-updates/emission-trading-scheme-in-the-times-of-covid-19-lockdown/) - 17.04.2020 - Author: Roxana Ionescu & Madalina Popirtaru In the midst of the COVID-19 waves, the EU Commission rejected the delay proposals on the Emission Trading Scheme (ETS)’s mandatory annual deadlines. EU companies, whose activities fall under the ETS Directive and have installations included in the European Stationary Installations Registry, must still comply with the - [Tax Flash No. 5/2020 - Additional fiscal measures in the COVID-19 context](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-5-2020/) - Emergency Ordinance 48/2020 regarding certain fiscal measures was published in the Official Gazette 319/2020 The Emergency Ordinance amends the following normative acts: FISCAL CODE Microenterprise income tax The deduction from the microenterprises income tax is extended to include the sponsorships made to public institutions and authorities, with the specification that there is no obligation that - [Comments on the envisaged measures regarding companies corporate governance](https://www.nndkp.ro/legal-tax-updates/comments-on-the-envisaged-measures-regarding-companies-corporate-governance/) - 17.04.2020 - Author: Mihai Fifoiu On 14 April 2020 the Romanian Ministry of Justice published a new draft emergency government ordinance on certain measures regarding the holding of general meetings of shareholders and meetings of the management bodies (the “EGO”). Such EGO is intended to ease the holding of such meetings in the context of - [Revizuirea reglementată de art. 21 alin. 1 din Legea nr. 554/2004 – între cale de atac de retractare și reformare](https://www.nndkp.ro/articles/revision-of-art-21-law-554-2004/) - Author: Radu Damaschin Începând cu 19 iulie 2007, Legea contenciosului administrativ (Legea nr. 554/2004) reglementează un motiv suplimentar de revizuire, aplicabil exclusiv hotărârilor judecătorești pronunțate în materia contenciosului administrativ, care se adaugă celor reglementate de art. 509 din Codul de procedură civilă. Potrivit art. 21 alin. 1 în forma actuală: “Constituie motiv de revizuire, care - [Art. 56 din Anexa 1 la Decretul de prelungire a stării de urgență nr. 240/14.04.2020 - sau cum să dai naștere unei noi teme în materia conflictelor de muncă.](https://www.nndkp.ro/legal-tax-updates/covid-19-article-56-decree240-14042020/) - 16.04.2020 - Author: Cristiana Chelu-Prodescu Context Pe fondul discuțiilor legate de demisiile unor membri ai personalului medical, din ultimele săptămâni, generate de temerea instalată pe fondul îmbolnăvirilor din cauza COVID-19, prin Decretul de prelungire a stării de urgență nr. 240/2020, astfel cum a fost publicat în M. Of. Partea I nr. 311 din 14 aprilie - [Regimul Forţei Majore în Contractele Comerciale Internaţionale](https://www.nndkp.ro/legal-tax-updates/covid19-force-majeure-comercial-international-contracts/) - 15.04.2020 - Authors: Emil Bivolaru & Andreea Vezeteu Articolul în format PDF poate fi descărcat aici. Răspândirea rapidă a infecţiilor cu noul coronavirus SARS-CoV-2 pe plan mondial şi impactul negativ puternic asupra economiei globale generează disfuncţii importante şi inevitabile inclusiv asupra desfăşurarii relaţiilor de comerţ internaţional. Ca efect al măsurilor impuse de autorităţi pentru combaterea - [Restructuring Resource Center](https://www.nndkp.ro/legal-tax-updates/restructuring-resource-center/) - Up to date information and insights on restructuring and turnaround issues in Romania The PDF version of the Restructuring Resource Center may be downloaded here. At this time, there is an intense debate on the Romanian market right now with regard to measures to be taken, in the context of the abrupt economic downturn, which - [Utilizarea semnăturii electronice în relațiile cu autoritățile și instituțiile publice](https://www.nndkp.ro/legal-tax-updates/covid-19-use-of-electronic-signature-public-authorities/) - 16.04.2020 - Authors: Valeriu Mina & Andreea Amoraritei La data de 07.04.2020 a fost publicată în Monitorul Oficial Partea I nr. 289 Ordonanța de Urgență nr. 38/2020 privind utilizarea înscrisurilor în formă electronică la nivelul autorităţilor şi instituţiilor publice. Adoptarea unei reglementări privind înscrisurile electronice și utilizarea semnăturilor electronice apare în contextul declarării stării de - [Measures regarding the holding of general meeting of shareholders for listed companies](https://www.nndkp.ro/legal-tax-updates/measures-regarding-the-holding-of-general-meeting-of-shareholders-for-listed-companies/) - 13.04.2020 - Author: Mihai Fifoiu The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. On 10 April 2020 a new regulation came into force, i.e. Financial Supervisory Authority (“FSA”) Regulation no. 5/2020 on certain measures regarding the holding of the issuers’ - [COVID- 19 determină sau nu suspendarea inspecției fiscale?](https://www.nndkp.ro/legal-tax-updates/covid-19-suspension-of-tax-inspection/) - 13.04.2020 - Authors: Marius Ezer & Florentin Nanu O problemă de actualitate pentru toți contribuabilii din România ce trebuie clarificată cu prioritate este constituită de posibilitatea/imposibilitatea desfășurării inspecțiilor fiscale în perioada decretată drept stare de urgență. După cum bine se cunoaște, în conformitate cu prevederile Decretului prezidențial nr. 195/16.03.2020[1], a fost instituită stare de urgență - [The Covid-19 pandemic over Fidic Agreements](https://www.nndkp.ro/legal-tax-updates/the-covid-19-pandemic-over-fidic-agreements/) - 10.04.2020 - Authors: Razvan Vlad & Vlad Anghel The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. The extensive global COVID-19 pandemic determined the states to impose restrictive measures with impact over the free movement of people and usual course of - [COVID-19 Legal & Tax Resource Center - Weekly Update (6-10 April 2020)](https://www.nndkp.ro/legal-tax-updates/weekly-update-4/) - Our COVID-19 - Legal & Tax Resource Center facilitates your access to valuable knowledge and legal insights on the implications of the coronavirus pandemic in various fields in Romania. Here are this week's updates: New section Restructuring is available on the Resources Center’s page: HERE. Our lawyers and consultants have authored a series of articles - [Drepturile și obligațiile Proprietarilor / Chiriașilor pe perioada stării de urgență.](https://www.nndkp.ro/legal-tax-updates/covid19-owners-tenants-rights/) - 07.04.2020 - Authors: Emil Bivolaru & Miruna Preda Diferența dintre amânarea și/sau suspendarea obligațiilor de plată a chiriilor privind imobilele cu destinație de sedii principale și secundare ale persoanelor juridice reglementate de art.X din O.U.G. nr. 29/2020. SUMAR RELEVANT Potrivit art.X alin.2 din OUG nr.29/2020, suspendarea obligatiei de plata a chiriei aferente imobilelor cu destinație - [The world will be “under water” for the next 6 months. Is your organization “watertight”?](https://www.nndkp.ro/legal-tax-updates/the-world-will-be-under-water-for-the-next-6-months-is-your-organization-watertight/) - 09.04.2020 - Authors: Alina Radu, Valentin Voinescu, Stefan Ionescu, Catalina Dan Probably the usual situation faced many companies in Romania is an abrupt fall in both cash and effective demand, thus causing a dual effect on both immediate (cash flow) and long term prospects of the company (balance sheet). Companies and financial institutions are impacted, - [Beyond Non-Payment: How Are Credit Agreements Impacted by COVID 19 measures?](https://www.nndkp.ro/legal-tax-updates/beyond-non-payment-how-are-credit-agreements-impacted-by-covid-19-measures/) - 09.04.2020 - Authors: Alina Radu, Valentin Voinescu, Stefan Ionescu, Catalina Dan As the coronavirus pandemic takes its toll on every economic sector, both companies and banks are revisiting their credit agreements in order to identify key next steps. One obvious impact relates to companies having difficulties fulfilling their payment obligations under loans and under instruments - [How the “coronacrisis” is causing insolvency and financial difficulty and the law does not (yet) address this](https://www.nndkp.ro/legal-tax-updates/how-the-coronacrisis-is-causing-insolvency-and-financial-difficulty-and-the-law-does-not-yet-address-this/) - 09.04.2020 - Authors: Alina Radu, Valentin Voinescu, Stefan Ionescu, Catalina Dan Let’s think of the typical company on the market which is now experiencing both a drop in liquidity and in demand, and is faced with multiple challenges in the supply chain. Insolvency The company in question may be formally in insolvency, according to legal - [Let’s talk about insurance: are we covered in COVID-19 situation?](https://www.nndkp.ro/legal-tax-updates/lets-talk-about-insurance-are-we-covered-in-covid-19-situation/) - 02.04.2020 - Authors: Gabriela Cacerea, Mirela Preda and Madalina Panca The article is available in English and Romanian. Please scroll down for Romanian./Articolul este disponibil în limba engleză și în limba română. COVID-19 brought a tremendous disruption of normal daily life/business affecting personal life and businesses alike. People and companies/ institutions alike are in continuous - [A GDPR perspective on scientific research in times of a pandemic](https://www.nndkp.ro/legal-tax-updates/a-gdpr-perspective-on-scientific-research-in-times-of-a-pandemic/) - 08.04.2020 - Authors: Roxana Ionescu & Irina Vasile The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. The current global climate has changed the manner in which we socialize, work and engage even in the simplest activities. We had to quickly - [I know where you are. Does anyone else know?](https://www.nndkp.ro/legal-tax-updates/gdpr-i-know-where-you-are-does-anyone-else-know/) - 08.04.2020 - Authors: Roxana Ionescu & Simona Furnica Since public health has been affected by the spread of COVID-19, Member States’ governments have adopted several measures to contain its diffusion and reduce the risk of exposure. Some Member States recommend social distancing measures, while others have also declared state of emergencies and lockdowns. This is - [„COVID-19 – Government Support Measures” – Global Information Resources](https://www.nndkp.ro/legal-tax-updates/covid-19-government-support-measures-global-information-resources/) - The economic environment is strongly impacted by the effects of COVID-19 at international level. Companies across the world are challenged to deal with disruptions across global markets and need to have a rapid understanding of the measures adopted by the national governments to ensure support for their activity during this period. Lex Mundi, the world’s - [A New Wave of Insolvencies? Possible Preventive Restructuring Measures in the Implementation of the European Directive on Preventive Restructuring](https://www.nndkp.ro/legal-tax-updates/covid19-preventive-restructuring-measures/) - 31.03.2020 - Authors: Alina Radu & Valentin Voinescu The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. This legal analysis focuses on the typical case of a company that although it is not directly targeted by the measures established in order - [The ordinance proving a moratorium on loan installments has been enacted by the Government](https://www.nndkp.ro/legal-tax-updates/covid-19-moratorium-ordinance-loan-installments/) - 08.04.2020 - Authors: Alina Radu & Valentin Voinescu The ordinance proving a moratorium on loan installments has been enacted by the Government, and so has been competing legislation by Parliament, causing more instability. There are many uncertainties, the biggest being whether the Ordinance will remain in force at all – the Parliament has already adopted - [COVID-19 Legal & Tax Resource Center - Weekly Update (30 March-3 April 2020)](https://www.nndkp.ro/legal-tax-updates/weekly-update-3/) - Our COVID-19 - Legal & Tax Resource Center facilitates your access to valuable knowledge and legal insights on the implications of the coronavirus pandemic in various fields in Romania. Here are this week's updates: New sections on Banking and Finance and Global Resources are available on the Resources Center’s page: HERE. Our lawyers and consultants - [Înăsprirea restricțiilor privind circulația persoanelor în contextul adoptării Ordonanțelor militare nr. 5 și nr. 6 publicate în Monitorul Oficial al României nr. 262/31.03.2020](https://www.nndkp.ro/legal-tax-updates/covid19-movement-restrictions-state-emergency/) - 02.04.2020 - Author: Valeriu Mina La data de 31.03.2020 au fost publicate în Monitorul Oficial nr. 262 Ordonanțele militare nr. 5 și nr. 6 prin care autoritățile au decis înăsprirea măsurilor de prevenție față de răspândirea infecției cu COVID-19 prin raportare, în special, la circulația persoanelor. Măsurile adoptate restricționează libertatea de circulație a persoanelor, drept - [Pandemia COVID-19 – între forță majoră, caz fortuit și impreviziune](https://www.nndkp.ro/legal-tax-updates/covid19-analysis-law-practices/) - 01.04.2020 - Author: Miruna Preda Perspective juridice și analiză comparativă a impactului pandemiei COVID-19 în importante ramuri ale dreptului Analiza naturii și a efectelor juridice ale pandemiei generate de coronavirusul SARS-CoV-2 este o preocupare recentă și continuă a specialiștilor dreptului, în vederea anticipării unor potențiale situații de criză contractuală și/sau litigioase, susceptibile să se nască - [Recent changes to the legislative framework relating to the emergency state](https://www.nndkp.ro/legal-tax-updates/recent-changes-to-the-legislative-framework-relating-to-the-emergency-state/) - 01.04.2020 - Author: Mirela Preda On 27th March 2020, the Ministry of Internal Affairs has posted for public consultation a draft emergency government ordinance envisaged to amend the Emergency Government Ordinance no. 1/1999 relating to the emergency state (“EGO 1/1999”). EGO 1/1999 is the basis on which the presidential decree approving the emergency state was - [Plata contravalorii serviciilor de utilități și a chiriei de către IMM-uri în contextul instituirii stării de urgență](https://www.nndkp.ro/legal-tax-updates/covid19-utilities-rent-payment-smes/) - 01.04.2020 - Authors: Valeriu Mina & Andreea Amoraritei La data de 18.03.2020 a fost publicată în Monitorul Oficial nr. 219 Ordonanța militară nr. 1 prin care autoritățile au decis suspendarea activității anumitor operatori economici pentru a asigura prevenirea răspândirii COVID-19, fiind vorba, de exemplu, despre restaurante, hoteluri, cafenele, saloane de îngrijire personală. Ulterior, măsurile de - [While Courts have suspended activity, the High Court of Cassation and Justice, Supreme Court of justice, in Romania, continues its deliberations and determinations on procedural points of law](https://www.nndkp.ro/legal-tax-updates/covid19-high-court-of-cassation-and-justice/) - 31.03.2020 - Authors: Sorina Olaru and Razvan Banta. The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. Note on how the national courts will reason upon the requests for additional evidences in appeal when the Suspension of civil procedures due to - [Tax Flash No. 4/2020 - Additional fiscal measures in the Covid-19 context](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-4-2020/) - Emergency Ordinance 33/2020 regarding certain fiscal measures and the amendment of certain normative acts was published in the Official Gazette 260/2020 Taxpayers that pay the corporate income tax related to the first quarter of 2020 until April 25, 2020, benefit from 10% bonus (in case of small and medium taxpayers) and 5% bonus (in case - [Data Security matters, even when working from home! - Potential Risks and Key Tips](https://www.nndkp.ro/legal-tax-updates/data-security-matters-even-when-working-from-home-potential-risks-and-key-tips/) - 30.03.2020 - Authors: Roxana Ionescu and Madalina Bucur. The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. The COVID-19 pandemic is determining more and more businesses to “put the lock” on their offices. This means that a large number of employees - [Prescripția dreptului de a stabili în anul 2020 creanțe fiscale născute în anul 2014. Tranziția de la Vechiul Cod de Procedură Fiscală la Noul Cod de Procedură Fiscală.](https://www.nndkp.ro/legal-tax-updates/covid19-fiscal-limitation-period/) - 30.03.2020 - Authors: Marius Ezer & Florentin Nanu Impactul COVID-19 în materia prescripției dreptului de a stabili creanțe fiscale și în materia formularii contestației administrativ fiscale de către contribuabili în termenele de decădere prevăzute de lege. Instituția prescripției dreptului de a stabili creanțe fiscale este binecunoscută atât în rândul autorităților fiscale, cât, mai ales, în - [COVID-19 Legal & Tax Resource Center - Weekly Update (23-27 March 2020)](https://www.nndkp.ro/legal-tax-updates/weekly-update-2/) - Our COVID-19 - Legal & Tax Resource Center facilitates your access to valuable knowledge and legal insights on the implications of the coronavirus pandemic in various fields in Romania. Here are this week's updates: New sections on Pharma & Medical Services; Clinical Trials and Certificates for Emergency Situations are available on the Resources Center’s page: - [Arbitration in the time of COVID-19. The Romanian Perspective](https://www.nndkp.ro/legal-tax-updates/arbitration-in-the-time-of-covid-19-the-romanian-perspective/) - 27.03.2020 - Authors: Sorina Olaru and Daniela Savin (Ghervas). The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. Amid the spread of COVID-19, the Romanian President decreed a state of national emergency in Romania, with express measures to be taken in - [Ce au și ce nu au voie companiile să facă în contextul COVID-19 pentru a nu încălca legea concurenței și de ce? 5 sfaturi cheie care se conturează din pozițiile recente ale Consiliului Concurenței](https://www.nndkp.ro/legal-tax-updates/covid19-application-of-competition-law/) - 27.03.2020 - Authors: Georgeta Dinu & Anca Diaconu Contextul creat de pandemia COVID-19 permite excepții justificate și temporare de la interdicțiile obișnuite, fără a însemna însă că nu rămân aplicabile principiile de bază din concurență (și amenzile aferente). Cu alte cuvinte, inițiative sau abordări care nu ar fi fost permise în mod normal devin justificate - [Summary of the provisions of Military Ordinance no. 2 /21 March 2020](https://www.nndkp.ro/legal-tax-updates/summary-of-the-provisions-of-military-ordinance-no-2-21-march-2020/) - 23.03.2020 - Authors: Sorina Olaru & Razvan Savin The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. Note: the complete text of the Military Ordinance no. 2/2020 can be found here. Following the increase of number of persons infected with Covid-19 - [Certificates for emergency situations](https://www.nndkp.ro/legal-tax-updates/certificate-for-emergency-situations-ces/) - 26.03.2020 - Authors: Gabriela Cacerea, Mirela Preda and Ada Butnaru. The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. The awaited regulation by the Ministry of Economy, Energy and Business Environment on issuance of the Certificate for emergency situations (“CES”) has - [Mecanisme de protecție și de funcționare ale societăților listate în perioada stării de urgență](https://www.nndkp.ro/legal-tax-updates/protection-mechanisms-listed-companies-covid19/) - 24.03.2020 - Author: Ciprian Paun Argument Președintele României a emis Decretul nr. 195/2020 privind instituirea stării de urgență pe teritoriul României („Decret”) publicat în Monitorul Oficial al României în data de 16 martie 2020. În baza acestui Decret s-au instituit prin acte normative subsecvente măsuri economice și sociale de protejare a economiei și a populației - [Continuarea activității judiciare în contextul COVID-19 – între imperativ și compromis](https://www.nndkp.ro/legal-tax-updates/covid-19-judicial-activity-continuity/) - 24.03.2020 - Authors: Radu Damaschin & Andrei Harciu Potrivit decretului privind instituirea stării de urgență pe teritoriul României, publicat în Monitorul Oficial al României Partea I nr. 212 din 16 Martie 2020, activitatea judecătorească va continua pe perioada situației impuse de existența virusul SARS-CoV-2, numai în cauzele de urgență deosebită, celelalte litigii fiind suspendate de - [Avizarea existenței cazului de forță majoră în contextul stării de urgență](https://www.nndkp.ro/legal-tax-updates/approval-of-force-majeure-during-emergency-state/) - 23.03.2020 - Authors: Ciprian Paun & Andreea Badiu 1. Aspecte preliminare Potrivit Legii nr. 335/2007 privind camerele de comerț din România, Camera de Comerț și Industrie a României ( denumită în continuare “C.C.I.R.”) și Camerele de Comerț județene avizează existența cazurilor de forță majoră și efectele acestora asupra executării obligațiilor contractuale. Așadar, conform art. 4 lit. - [Tax Flash No. 3/2020 - Various fiscal-budgetary measures were taken in order to support the economy and companies affected by the spread of the COVID-19 virus](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-3-2020/) - Emergency Ordinance 29/2020 regarding certain fiscal-budgetary measures was published in the Official Gazette 230/2020 Fiscal Code Taxpayers applying the annual payment and reporting system for corporate income tax, with quarterly prepayments, can make quarterly advance payments for 2020 at the amount resulting from current quarterly corporate income tax calculation. The calculation method is maintained for - [Impact of COVID-19 on holding the general shareholders meetings](https://www.nndkp.ro/legal-tax-updates/impact-of-covid-19-on-holding-the-general-shareholders-meetings/) - 19.03.2020 - Authors: Alina Radu & Corina Dumitru The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. March and April are the months during which companies generally hold their annual general meeting of shareholders (GMS) having on the agenda the approval - [COVID-19 Legal & Tax Resource Center - Weekly Update (16-20 March 2020)](https://www.nndkp.ro/legal-tax-updates/weekly-update-1/) - Ordinance no. 6/2019 regarding the establishment of certain fiscal facilities was published in Official Gazette 648/2019 - [Consider getting an electronic signature if you do not already have one](https://www.nndkp.ro/legal-tax-updates/electronic-signature/) - 20.03.2020 - Author: Ana-Maria Selea The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. As Coronavirus SARS-CoV-2 continues to spread, the general advice from Governments around the world is to avoid any contact with others as much as possible. In this - [Aspects of Immediate Interest concerning the Adjudication of Civil Lawsuits during the State of Emergency](https://www.nndkp.ro/legal-tax-updates/courts-activity-civil-trials-state-emergency/) - 18.03.2020 - Autor: Corina Iablonschi The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. We have already entered a state of emergency pursuant to the Decree issued by the President of Romania imposing a state of emergency on the territory of - [The Regime of Limitation Periods during the State of Emergency](https://www.nndkp.ro/legal-tax-updates/courts-emergency-state-covid19/) - 17.03.2020 - Authors: Valeriu Mina and Alexandra Marutoiu The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. Pursuant to Decree no. 195/March 16th, 2020, published in the Official Gazette of Romania no. 212/March 16th , 2020, the President of Romania instated - [Public Procurement under State of Emergency](https://www.nndkp.ro/legal-tax-updates/public-procurement-under-state-of-emergency/) - 18.03.2020 - Authors: Contracts (including Public Procurements) and M&A: Adriana Gaspar & Adina Chilim-Dumitriu Following the COVID – 19 outbreak in Romania, the President of Romania issued the Decree no. 195/2020 (the “Decree”) for proclaiming a 30-day state of emergency effective 16 March 2020. Among other rules impacting the day-to-day life and businesses, article 10 of - [Continuing the business under State of Emergency – interacting with the Trade Registry](https://www.nndkp.ro/legal-tax-updates/continuing-the-business-under-state-of-emergency-interacting-with-the-trade-registry/) - 18.03.2020 - Author: Eva Forika The article is available in English and Romanian. Please scroll down for Romanian language./Articolul este disponibil în limba engleză și în limba română. The 30-day state of emergency was proclaimed by the President of Romania, in the context of the COVID – 19 outbreak in Romania. The Decree no. 195/2020 - [Sub zodia fortei majore](https://www.nndkp.ro/legal-tax-updates/forcemajeure-covid19/) - 18.03.2020 - Author: Radu Damaschin Conjunctura actuală generată de SARS-CoV-2 și declararea stării de urgență au dat naștere în spațiul public unei multitudini de discuții legate de modul în care debitorii se pot prevala de forța majoră ca împrejurare de natură să-i exonereze de răspundere pentru neexecutarea (sau executarea cu întârziere) a obligațiilor contractuale. Întrucât - [Telecom Industry under the State of Emergency – Measures and Effects](https://www.nndkp.ro/legal-tax-updates/telecom-industry-under-the-state-of-emergency-measures-and-effects/) - 19.03.2020 - Authors: Adina Chilim-Dumitriu & Alina Vizitiu In the current context of COVID-19 epidemic, President of Romania issued Decree No. 195/2020 on the declaration of the state of emergency on the territory of Romania, published in the Official Journal of Romania, Part I, No. 212/16.03.2020 (the “Decree”), with effect for a period of 30 days - [Tax Flash No. 2/2019 - Law no. 30/2019 for the approval of Government Emergency Ordinance no. 25/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-2-2019/) - Law no. 30/2019 for the approval of Government Emergency Ordinance no. 25/2018 regarding the amendment of certain normative acts, as well as for the approval of certain budgetary fiscal measures, was published in Official Gazette no. 44/2019 Profits Tax The main amendments consist of the following: Increase of the deductible threshold for which taxpayers have - [Tax Flash No. 1/2019 - The Emergency Ordinance no. 114](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-1-2019/) - The Emergency Ordinance no. 114 regarding the establishment of measures in the field of public investments and fiscal-budgetary measures, the amendment and completion of certain normative acts and the extension of some deadlines, was published in Official Gazette 1116/2018 The Emergency Ordinance introduces a number of measures out of which we mention the following having - [Employment Flash News No. 1/2019 - News on minimum salary in the construction industry](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-1-2019/) - News on minimum salary in the construction industry - [Employment Flash News No. 2/2019 - News on daily workers](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-2-2019/) - News on minimum salary in the construction industry - [Employment Flash News No. 3/2019 - News on value tickets](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-3-2019/) - News on minimum salary in the construction industry - [Tax Flash No. 5/2019 - Brexit](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-5-2019/) - Brexit – news from the European Commission https://ec.europa.eu/taxation_customs/uk_withdrawal_en In the absence of a Withdrawal Agreement, Brexit will affect the commercial relationship with the UK: customs formalities have to be performed and the customs authorities may require guarantees for the customs debts, as the case; customs duties will be applied to goods entering the EU from - [Tax Flash No. 3/2019 - ANAF has launched operation “Iceberg”](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-3-2019/) - The Communication, Public Relations and Mass Media department within the National Agency of Fiscal Administration notified through Press Release A_RPC 82/23.01.2019 that ANAF has launched operation “Iceberg” Operation Iceberg entails the intensification of tax audits performed on large taxpayers, which carry out activities with significant impact from all economic areas, throughout the year 2019. The - [Tax Flash No. 4/2019 - Order no. 167/2019 for the amendment of Order no. 2856/2017 regarding the VAT registration procedure](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-4-2019/) - Order no. 167/2019 for the amendment of Order no. 2856/2017 regarding the VAT registration procedure, was published in the Official Gazette no. 80/2019 Starting 1st February 2019, the optional VAT registration procedure, provided by art. 316, para. (1), let. c) of Law no. 227/2015 regarding the Fiscal Code – when the turnover is below the - [Tax Flash No. 6/2019 - The European Court of Justice (“ECJ”) ruled in case C-275/18 Vinš on 28 March 2019](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-6-2019/) - The dispute arose from the decision of the Czech tax authority to reject the VAT exemption for the supplies of goods delivered by Mr. Vinš outside UE because the goods were not placed under the export customs procedure. ECJ decided that the VAT exemption for supplies of goods delivered outside the EU cannot be conditioned - [Tax Flash No. 7/2019 - The Emergency Ordinance no. 19 regarding the amendment and completion of certain normative acts](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-7-2019/) - The Emergency Ordinance no. 19 regarding the amendment and completion of certain normative acts was published in Official Gazette 245/2019 The Emergency Ordinance amends a number of normative acts, in principal, the Emergency ordinance no. 114/2018. Out of the significant amendments from a tax perspective, we mention the following: The method of determining the tax - [Legal Flash Legislation - Law 129/2019 on the prevention and combating of money laundering and terrorism financing](https://www.nndkp.ro/legal-tax-updates/legal-flash-legislation/) - Changes brought by the entry into force of the new Law 129/2019 on the prevention and combating of money laundering and terrorism financing, as well as for amending and supplementing certain normative acts Among the main changes brought about by the entry into force of Law no. 129/2019, we note the following : 1. Art. - [Tax Flash No. 8/2019 - Law 60/2019 amending Law no. 227/2015 regarding the Fiscal Code](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-8-2019/) - Law 60/2019 amending Law no. 227/2015 regarding the Fiscal Code was published in Official Gazette 296/2019 The Law transposes the provisions of Directive 2016/1065 as regards the VAT treatment of vouchers by introducing the concepts of single-use vouchers and multi-use vouchers, already mentioned by the Methodological Norms as single-purpose voucher and multiple-purpose voucher. The Law - [Employment Flash News No. 4/2019 - News on daily workers](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-4-2019/) - News on minimum salary in the construction industry - [Employment Flash News No. 5/2019 - News on harassment and equal treatment between women and men](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-5-2019/) - News on minimum salary in the construction industry - [Tax Flash No. 9/2019 - Emergency Ordinance 31/2019 regarding the grant of certain tax incentives and amending Law no. 227/2015 regarding the Tax Code](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-9-2019/) - Emergency Ordinance 31/2019 regarding the grant of certain tax incentives and amending Law no. 227/2015 regarding the Tax Code was published in Official Gazette 301/2019 Starting 1 June 2019, the VAT rate is reduced from 9% to 5% for the supply of high-value food, namely mountain, bio and traditional products. The application of the 5% - [Tax Flash No. 10/2019 - Emergency Ordinance no. 43/2019  amending and completing certain normative acts regarding investment measures](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-10-2019/) - Emergency Ordinance no. 43/2019 amending and completing certain normative acts regarding investment measures was published in Official Gazette 507/2019 The Emergency Ordinance amends various normative acts, including Emergency Ordinance no. 114/2018 and the Fiscal Code. Out of the significant amendments from a tax perspective, we mention the following: The list of NACE codes is expanded - [Tax Flash No. 11/2019 - Ordinance no. 6/2019 regarding the establishment of certain fiscal facilities was published in Official Gazette 648/2019](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-11-2019/) - Ordinance no. 6/2019 regarding the establishment of certain fiscal facilities was published in Official Gazette 648/2019 - [Legal Flash | Corporate - Law 129/2019 on the prevention and sanctioning of money laundering and terrorism financing](https://www.nndkp.ro/legal-tax-updates/legal-flash-corporate/) - Ordinance no. 6/2019 regarding the establishment of certain fiscal facilities was published in Official Gazette 648/2019 - [NNDKP CELF ALERT - The provisions of Art. 213 para. (8) of Law 207/2015 on the Fiscal Procedure Code were declared unconstitutional](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert/) - The Center for Excellency in Fiscal Disputes (in Romanian NNDKP CELF) notes that on October 1, 2019, the Constitutional Court of Romania (CCR) admitted the objection of unconstitutionality of the provisions of Art. 213 para. (8) of Law 207/2015 on the Fiscal Procedure Code, in the form prior to the modification by Government Ordinance no. - [Employment Flash News No. 6/2019 - News on the minimum salary](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-6-2019/) - Government Decision no. 935/2019 on the establishment of the minimum gross base salary guaranteed for payment at national level was published within the Official Gazette no. 1010 dated December 16th, 2019. According to these new legal provisions, starting January 1st 2020, the minimum monthly gross base salary guaranteed for payment for an average full-time schedule - [NNDKP CELF Alert no. 1/2020 - Law 129/2019 on the prevention and combating of money laundering and terrorism financing, as well as for amending and supplementing certain normative act](https://www.nndkp.ro/legal-tax-updates/nndkp-celf-alert-no-1-2020/) - The deadline for fulfilling the obligations provided by the legislation regarding the prevention and combating of money laundering and terrorism financing will expire soon. We kindly remind you that January 17, 2020 is the deadline for the reporting entities to comply with their obligations pursuant to Law 129/2019 on the prevention and combating of money - [Tax Flash No. 2/2020 - The amendment and completion of the Fiscal Code](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-2-2020-2/) - Ordinance no. 6/2019 regarding the establishment of certain fiscal facilities was published in Official Gazette 648/2019 - [Tax Flash No. 1/2020 - Government Ordinance 5/2020 for amending and supplementing Law 207/2015 regarding the Fiscal Procedure Code](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-1-2020/) - Ordinance no. 6/2019 regarding the establishment of certain fiscal facilities was published in Official Gazette 648/2019 - [NNDKP set up COVID-19 Legal & Tax Resource Center](https://www.nndkp.ro/news/covid-19/) - As the COVID-19 pandemic continues to spread across the globe, disrupting lives, communities and businesses, and putting countries under considerable strain, Nestor Nestor Diculescu Kingston Petersen (NNDKP) has set up the COVID-19 – Legal & Tax Resource Center. There you can access valuable knowledge and legal insights with respect to the implications of the coronavirus - [Coronavirus: Stay healthy and be GDPR compliant](https://www.nndkp.ro/legal-tax-updates/coronavirus-stay-healthy-and-be-gdpr-compliant/) - Author: Roxana Ionescu and Madalina Bucur In the past months, coronavirus disease (COVID-19) outbreak has been a major topic of interest worldwide and continues to be a source of concern for all businesses across industries. Among the significant disruptions brought to the global economy, COVID-19 has a direct impact on the workplace. Various companies have - [NNDKP ensures business continuity](https://www.nndkp.ro/news/important-notice/) - At this time, NNDKP ensures business continuity by implementing preventive measures imposed by the epidemiological context caused by the new coronavirus (COVID-19) and necessary to support the efforts of the authorities and the whole community to limit its spread. The health and safety of NNDKP’s team members, clients and collaborators is a constant priority for - [NNDKP dominates the Chambers Europe 2020 rankings](https://www.nndkp.ro/news/nndkp-dominates-the-chambers-europe-2020-rankings/) - On 12 March 2020, Chambers and Partners published its 2020 edition of the European guide. Nestor Nestor Diculescu Kingston Petersen (NNDKP) is ranked Band 1 in 8 out of 11 practice areas in which the firm was included by the guide. Banking and finance | Competition | Corporate/M&A | Dispute resolution | Employment | Energy - [NNDKP is Band 1 in Chambers Europe 2019](https://www.nndkp.ro/news/nndkp-is-band-1-in-chambers-europe-2019/) - On 7 March 2019, Chambers and Partners published its Europe guide. NNDKP is ranked first (Band 1) in all practice areas in which the firm was included by the guide (12 practice areas), reconfirming once again our prime position on the Romanian legal business market: Banking and finance | Competition | Corporate/M&A | Dispute resolution - [Challenging in Court the Outcome of Public Procurement Procedures – A Predictable End of a Journey](https://www.nndkp.ro/articles/challenging-in-court-the-outcome-of-public-procurement-procedures-a-predictable-end-of-a-journey/) - Author: Radu Damaschin As of February 12, 2020, court complaints filed against documents issued by the contracting authorities are subject to a stamp duty equal to 2% of the estimated value of the contract, as per the distinctions set forth in Art. 56 para. 1 and/or para. 2 of Law 101/2016[1]. The new rule is - [NNDKP and Ziarul Financiar - Trends: Economy. Business.Tax](https://www.nndkp.ro/events/nndkp-and-zf/) - On Wednesday, October 24, 2018, starting 9:00 am NNDKP and Ziarul Financiar are organizing the conference "Trends: Economy. Business. Tax". - [Thank you 2019! You have been great! 2020 here we come!](https://www.nndkp.ro/news/recap-2019/) - Ready to say “Farewell 2019”, we add yet another page to our story of challenging the standards. We are looking back on an eventful and dynamic year for us, with projects that have added value, unlocked opportunities and made a real contribution to our constant evolution. We thank our clients for their trust and appreciation - [NNDKP and PCA Law Merge and Set Up a Strong Legal & Tax Advisory Structure in Transylvania](https://www.nndkp.ro/news/nndkp-and-pca-law-merge-and-set-up-a-strong-legal-tax-advisory-structure-in-transylvania/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) starts off 2020 with a major project that will consolidate the legal & tax services structure offered to the business community of Cluj-Napoca (Cluj County) and the neighboring counties. After evaluating the needs of the legal market in Transylvania region and the expectations of the local clients, Nestor Nestor - [NNDKP assisted Raiffeisen Bank Romania in the transaction whereby the bank becomes a shareholder in CIT ONE](https://www.nndkp.ro/news/nndkp-assisted-raiffeisen-bank-romania-in-the-transaction-whereby-the-bank-becomes-a-shareholder-in-cit-one/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Raiffeisen Bank Romania in a tripartite transaction whereby Banca Comercială Română, BRD Group Societe Generale and Raiffeisen Bank Romania will have equal ownership rights of 33.3% in CIT ONE, one of the most important companies on the Romanian market specialized in the transport, processing and storage of cash - [Romanian Chapter in ICLG Gambling 2020](https://www.nndkp.ro/articles/iclg-gambling-2020/) - Published in "The International Comparative Legal Guide to: Gambling 2019", 5th edition - [NNDKP assists Vicentiu Zorzolan in the transaction whereby Inform Lykos acquires majority interest in the companies Sistec Next Docs and Sistec Confidential](https://www.nndkp.ro/news/nndkp-assisted-vicentiu-zorzolan/) - NNDKP provided assistance to the businessman Vicentiu Zorzolan in the simultaneous step sale, in coordination with his partner Octavian Radu, of the shares held in the companies Sistec Next Docs and Sistec Confidential. These two companies are the leaders on the Romanian market of integrated services for electronic archiving, document management and secure document destruction. - [NNDKP assisted Edenred in the acquisition of Benefit Online](https://www.nndkp.ro/news/nndkp-assisted-edenred-in-the-acquisition-of-benefit-online/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Edenred, the largest issuing company of cards and benefits vouchers for employees, in the acquisition of Benefit Online, an extended platform for flexible extra-wage benefits in Romania. NNDKP has assisted the client on all stages of the transaction with a multidisciplinary team coordinated by Corina Dumitru, Partner (Corporate/M&A), - [NNDKP celebrates 15 years in Timisoara](https://www.nndkp.ro/news/nndkp-timisoara-celebrates-15-years/) - 15 years ago we opened the Timisoara office in order to provide prompt and efficient legal and fiscal advice to our clients whose businesses cover the counties of Arad, Bihor, Caraș-Severin, Hunedoara and Timiș. Fifteen years later, the added value that we brought to our clients is reflected in the substance, effectiveness and excellency that - [NNDKP advised a joint venture between Allianz Real Estate and VGP in a EUR 34 million facility agreement granted for an industrial project in Romania](https://www.nndkp.ro/news/nndkp-assisted-allianz-real-estate-and-vgp/) - NNDKP advised a joint venture between Allianz Real Estate, the dedicated real estate investment manager within the Allianz Group, and VGP, a leading pan-European developer, manager and owner of high-quality logistics and semi-industrial real estate, in connection, with a EUR 34 million facility agreement granted by Raiffeisen Bank International AG and Raiffeisen Bank SA for - [Emergency Arbitration in Romania - The Perilous Path away from Progress](https://www.nndkp.ro/articles/emergency-arbitration-in-romania-the-perilous-path-away-from-progress/) - An article by Sorina Olaru, Partner and Cristina Badea, Associate - [NNDKP reconfirmed as Top Law Firm in the 2020 edition of IFLR1000](https://www.nndkp.ro/news/nndkp-reconfirmed-as-top-law-firm-in-the-2020-edition-of-iflr1000/) - On 26 September, 2019, IFLR 1000 published the 2019 edition of the Financial and Corporate guide and NNDKP is ranked Tier 1 in 3 practice areas researched in Romania and 9 of the firm's lawyers are ranked by the guide at individual level. Rankings: Tier 1: Banking and Finance M&A Project Development Tier 2 Capital - [Freshers’ Week visits NNDKP](https://www.nndkp.ro/events/freshers-week-at-nndkp/) - We would like to extend our warmest thanks to our 26 Fresher-visitors for the unbridled enthusiasm you brought to the NNDKP office. We are very happy that our passion for and dedication to law match your professional aspirations! Freshers’ Week is an initiative of ELSA Bucharest dedicated to freshmen students at Bucharest Law School who - [Between Stability and Bias in the Field of Construction and Infrastructure in Romania](https://www.nndkp.ro/articles/between-stability-and-bias-in-the-field-of-construction-and-infrastructure-in-romania/) - An article by Razvan Vlad, Partner and Horia Radulescu, Associate - [Legal enactment on Land Planning, Urbanism and Construction Code – Development tool or stress factor for investors?](https://www.nndkp.ro/articles/urbanism-and-construction-code-2019/) - An article by Ioana Grigoriu, Managing Associate and Adriana Stoica, Associate - [NNDKP assisted Grab with all Romanian law aspects relevant for a strategic partnership](https://www.nndkp.ro/news/nndkp-assisted-grab/) - NNDKP has assisted Grab, the leading super app in Southeast Asia, with all Romanian law aspects relevant for its strategic partnership entered into with Telenav®, Inc. (NASDAQ: TNAV), a leading provider of connected-car and location-based services. The partnership with Telenav will allow Grab to leverage its geo-mapping capabilities to enhance its location-based services. Ruxandra Bologa, - [The new law on the prevention and combating of money laundering – is it easier or more difficult to ensure conformity?](https://www.nndkp.ro/articles/the-new-aml-law/) - An article by Partner Alina Radu, head of Banking and Finance practice - [GDPR after 14 months: What’s been done and what’s to come?](https://www.nndkp.ro/articles/nndkp-gdpr-after-14months/) - An article by Partner Roxana Ionescu, head of Data Protection practice - [2019 ROMANIA – CALL FOR PETROLEUM BLOCKS TENDER. A Breath of Fresh Air?](https://www.nndkp.ro/articles/2019-romania-call-for-petroleum-blocks-tender-a-breath-of-fresh-air/) - An article by Partner Ruxandra Bologa, Co-head of Energy & Natural Resources practice - [The Baylor Black Sea Foundation Will Be Able to Continue the National Medicine Donation Program](https://www.nndkp.ro/news/the-baylor-black-sea-foundation/) - The Baylor Marea Neagră Foundation, represented by NNDKP, may continue to donate the medicines necessary for treating severe conditions after having won a court dispute against the Romanian fiscal authorities - [Romania - light and shadows](https://www.nndkp.ro/articles/romania-light-and-shadows/) - A piece by Senior Partner Adriana Gaspar published in the most recent issue of the Project Finance International | PFI Global Infrastructure Report (July 2019) by Thomson Reuters | Refinitiv Romania has a 2018–2020 governing programme that recognises the development of infrastructure of all types as a second-to-none policy focus. Its 2019 National Reform programme - [Important Aspects for Triggering the Public Authorities’ Liability for the Issuance of Unlawful Administrative Documents](https://www.nndkp.ro/articles/issuance-of-unlawful-administrative-documents/) - Author: Daniela Gramaticescu The liability of the public authority for the harm caused by unlawful unilateral administrative documents/actions is regulated under express legal provisions - Art. 8 para. 1 in conjunction with Art. 19 of Law 554/2004 -. From a procedural perspective, this liability presupposes the initiation of an action for administrative patrimonial liability, an - [NNDKP assisted Norofert SA in preparing its private placement](https://www.nndkp.ro/news/nndkp-assisted-norofert-sa-in-preparing-for-the-private-placement/) - NNDKP assisted Norofert SA in preparing for the private placement ahead of the Group's listing on the Bucharest Stock Exchange. Partners, Alina Radu and Corina Dumitru led the NNDKP team, which consisted of Associates, Laura Duca and Claudia Lazar. ”We are thrilled to have had the opportunity to contribute to the successful closing of the - [Private Antitrust Litigation in Romania](https://www.nndkp.ro/articles/private-antitrust-litigation-in-romania/) - Authors: Georgeta Dinu and Alexandru Sotropa NNDKP is the main contributor of the Q&A Guide on Private antitrust litigation in Romania published by Thomson Reuters - Practical Law. The full overview is available here. - [NNDKP assisted a syndicate of banks in a EUR 324 million financing](https://www.nndkp.ro/news/nndkp-assisted-a-syndicate-of-banks-in-a-eur-324-million-financing/) - NNDKP has successfully assisted a syndicate of Banks comprising Banca Comerciala Romana SA (BCR) and Raiffeisen Bank SA as joint Initial Mandated Lead Arrangers, Bookrunners and structuring banks together with ING Bank N.V. Amsterdam – Bucharest Branch and UniCredit Bank, as Mandated Lead Arrangers and lenders, in a EUR 324 million Senior Secured Multicurrency Revolving - [Second GDPR Fine in Romania: it’s all about personal data security](https://www.nndkp.ro/articles/second-gdpr-fine-romania/) - Author: Roxana Ionescu, head of Data Protection After announcing the first GDPR fine on July 4th, 2019, the Romanian data protection authority notified its second fine, this time applicable for a data breach. In this regard, the Romanian DPA falls in line with the other data protection authorities in Europe that have made data security - [NNDKP assisted CTP in the acquisition of the logistics park A1 Bucharest Park](https://www.nndkp.ro/news/nndkp-assisted-ctp-transaction/) - NNDKP assisted CTP, the largest developer and long-term manager of industrial and logistics parks in Romania and Central and Eastern Europe in the transaction that involved the acquisition of the logistics park A1 Bucharest Park, located at km 13 on the A1 highway, which was previously owned by Vabeld Group. The logistics project comprises nine - [In First GDPR Fine, the Romanian DPA mixes the old and the new](https://www.nndkp.ro/articles/first-gdpr-fine-romania/) - Author: Roxana Ionescu, head of Data Protection In applying its fine, the Romanian data protection authority has reinforced its past practice on minimizing the processing of personal numeric codes (equivalent to social security numbers) while making use of new concepts under the General Data Protection Regulation, like the accountability principle and data protection by design - [NNDKP at ZF Cybersecurity Trends](https://www.nndkp.ro/events/nndkp-cybersecurity-2019/) - NNDKP was at CEDER 2018. Our Partner Ioana Niculeasa was invited as a speaker in the panel "Residential investment: do the numbers still stack up?". - [The correlation between the main procedure and the secondary/territorial one in cross-border insolvency](https://www.nndkp.ro/articles/cross-border-insolvency/) - Author: Radu Damaschin At the European Union level, the cross-border proceedings benefit under EU Regulation 848/2015[1] from a unitary framework who general declared purpose is to ensure the optimal functioning of the internal market. To this end, there are a series of rules and principles intended to prevent the transfer of assets or judicial proceedings - [NNDKP assists Globalworth in developing the new logistics project in Chitila](https://www.nndkp.ro/news/nndkp-assists-globalworth-in-developing-the-new-logistics-project-in-chitila/) - NNDKP has assisted Globalworth, the largest office investor in Romania and Poland, in the transaction targeting the partnership with Global Vision, one of the largest construction and industrial parks management company in Romania in the development of a logistic project in Chitila (Ilfov County) on a 136.000-sqm land. The logistics project will be built on - [One year of GDPR in Romania](https://www.nndkp.ro/articles/one-year-of-gdpr-in-romania/) - Authors: Roxana Ionescu and Alexandra Dunareanu Legislative actions After May 25, 2018, the Romanian Parliament passed 3 laws: one for reflecting the new sanctioning and enforcement regime in the law on the organization of the National Authority for the Supervision of Personal Data Processing – Law No. 102/2005 as amended via Law No. 129/2018; one - [Romania - top-scoring investment destination among its peers](https://www.nndkp.ro/articles/romania-top-scoring-investment-destination-among-its-peers/) - Romania - top-scoring investment destination among its peers - [The Dispute Adjucation Board (DAB) in FIDIC Public Contracts](https://www.nndkp.ro/articles/the-dispute-adjudication-board-dab-in-fidic-public-contracts/) - Author: Razvan Vlad Under the rules provided in the FIDIC public contracts 1999 (irrespective whether yellow or red book), namely Sub-Clause 20.4, if a dispute arises between the parties to that contract in connection with the contract or the works performed thereunder, including any dispute as to any certificate, determination, instruction, opinion or valuation of - [NNDKP involved in a contemplated project on the Romanian capital markets](https://www.nndkp.ro/news/nndkp-norofert-capital-markets/) - Norofert Group, the leading Romanian producer of organic agricultural products, announces its intention to list on the AeRO market of the Bucharest Stock Exchange in the 2nd quarter of 2019. This is an example of a project where clients benefit from the NNDKP and Cornerstone Communications alliance, with NNDKP assisting Norofert Group in preparing the - [Trigger of the Statute of Limitations in FIDIC Public Contracts](https://www.nndkp.ro/articles/fidic-public-contracts/) - Author: Razvan Vlad Under the Romanian Civil Code, the statute of limitations is defined as the sanction which consists in the extinction of the material right of action that was not exercised within its term by a certain creditor in relation to the debtor’s incumbent obligation. The general rule under Romanian law is that the - [Top firm, top lawyers, top team](https://www.nndkp.ro/news/nndkp-legal500-rankings-2019/) - Legal 500, 2019 - NNDKP dominates the rankings for Romania Nestor Nestor Diculescu Kingston Petersen (NNDKP) is ranked Tier 1 in 12 out of 15 practice areas researched in Romania, by Legal 500 – EMEA, 2019 edition. 10 of the Firm’s Partners are acknowledged as “Leading individuals“, the highest distinction awarded by the publication at - [MIPIM 2019 - the state of Real Estate](https://www.nndkp.ro/articles/mipim-real-estate/) - Romania - top-scoring investment destination among its peers - [Enforcement of Intellectual Property Rights in the EU Member States](https://www.nndkp.ro/articles/ip-book/) - Romania - top-scoring investment destination among its peers - [Voluntary intervention in the procedures challenging the award of public procurement contracts](https://www.nndkp.ro/articles/voluntary-intervention-public-procurement/) - Romania - top-scoring investment destination among its peers - [NNDKP at ZF Power Summit 2019](https://www.nndkp.ro/events/nndkp-zf-power-summit-2019/) - Between 19-20 February 2019, NNDKP was at ZF Power Summit 2019, organized by Ziarul Financiar in Bucharest. The 8th edition of the summit focused on the latest fiscal changes and the necessary investments in the energy sector. Our Partners and co-heads of the Energy and Natural Resources practice, Gabriela Cacerea and Ruxandra Bologa were invited - [NNDKP obtains the dismissal of a claim for damages of over 62 million lei on behalf of Rompetrol Downstream](https://www.nndkp.ro/news/nndkp-obtains-the-dismissal-of-a-claim-for-damages-of-over-62-million-lei-on-behalf-of-rompetrol-downstream/) - NNDKP successfully represented Rompetrol Downstream Srl (Rompetrol) in the case filed by the former Regie Autonomă de Transport București (RATB), as purchaser, who invoked the inadequate performance of contractual obligations. The NNDKP team that provided legal assistance and representation to Rompetrol was comprised of Peggy Șuică-Neagu, Partner in the Dispute Resolution practice, together with Adriana - [Promotions at NNDKP](https://www.nndkp.ro/news/promotions-at-nndkp2019/) - Nestor Nestor Diculescu Kingston Petersen announced today its 2019 promotions. Roxana Abrașu (Employment) and Șandor Gal (NNDKP Brașov) were promoted to Managing Associate positions. Emanuel Bondalici (Dispute Resolution), Mihaela Ceaușescu (Dispute Resolution), Tudor Ciambur (Real Estate), Raluca Gabor (Corporate/M&A), Ion Loga (Timișoara office), Vlad Nicolae (Dispute Resolution) and Ionuț Stancu (Employment) were promoted to Senior - [NNDKP at Outlook 2019: Europe & CEE](https://www.nndkp.ro/events/nndkp-at-outlook-2019-europe-cee/) - On 21 February 2019, NNDKP was at the Outlook 2019: Europe & CEE, a real estate conference organized in Bucharest by Reed MIDEM in association with MIPIM, the creator of the world's leading real estate event, and Investment Briefings, a media company focused on real estate investment and market trends. NNDKP was the hosting partner - [The Baylor Marea Neagră Foundation, represented by NNDKP, may continue to donate the medicines necessary for treating severe conditions after having won a court dispute against the Romanian fiscal authorities](https://www.nndkp.ro/news/nndkp-litigation-baylor-foundation/) - The Baylor Marea Neagră Foundation, represented by NNDKP, may continue to donate the medicines necessary for treating severe conditions after having won a court dispute against the Romanian fiscal authorities - [Draft Order of ANRE for the application of GEO 114/2018](https://www.nndkp.ro/articles/draft-order-of-anre-for-the-application-of-geo-114-2018/) - Draft Order of ANRE for the application of GEO 114/2018 - [The Joint Venture and the Insolvency of the Leader](https://www.nndkp.ro/articles/the-joint-venture-and-the-insolvency-of-the-leader/) - Joint Venture and insolvency. - [Romania doubles down on online tax](https://www.nndkp.ro/articles/romania-doubles-down-on-online-tax/) - Interview with Ana-Maria Baciu in the EGR Compliance news. - [NNDKP assists Smithfield in the acquisition of Maier Com](https://www.nndkp.ro/news/nndkp-smithfield-local-transaction/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Smithfield Group in the acquisition of the meat producer, Maier Com from Arad. Adriana Gaspar, Senior Partner and co-head of the firm's Corporate/M&A practice coordinated the NNDKP's team assigned to the project. - [Romania chapter in the European Employment Law Update 2019](https://www.nndkp.ro/articles/nndkp-european-employment-law-update/) - Gabriela Dinu is the main author of the Romanian chapter. - [NNDKP is Gold!](https://www.nndkp.ro/news/nndkp-gold-wtr1000guide-2019edition/) - NNDKP is a Gold recommendation in the 2019 edition of the World Trademark Review 1000 guide, being the only firm awarded this distinction for both i) enforcement and litigation and ii) prosecution and strategy. “Nestor Nestor Diculescu Kingston Petersen is a top-notch Romanian IP firm that provides great advice at reasonable rates. Its lawyers handle - [NNDKP – IP Firm of the Year 2019 at the First Edition of the Global IP Awards](https://www.nndkp.ro/news/nndkp-law-firm-of-the-year-in-ip-global-ip-awards/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) received the distinction “Intellectual Property Firm of the Year in Romania” at the Global IP Awards inaugural gala organized by the international publications IAM and WTR in London on January 29, 2019. Ana-Maria Baciu, partner and head of the firm’s IP practice, accepted the award on behalf of NNDKP - [Andreea Bende, promoted to the position of Partner within NNDKP IP](https://www.nndkp.ro/news/nndkpip-new-partner-andreea-bende/) - NNDKP Consiliere in Proprietate Intelectuala SRL is pleased to announce the promotion of Andreea Bende to the position of partner as of January 1, 2019. - [2018 - it has been a pleasure, 2019 - bring it on!](https://www.nndkp.ro/news/nndkp-2019-bring-it-on/) - In 2018 we did what we have been doing best for the past 28 years: enjoyed the achievements and learned from the challenges, worked closely with our clients and celebrated together the end of a wonderful year. We thank our clients for their trust, appreciation and for keeping us motivated in our journey towards continuous - [NNDKP obtains an irrevocable decision in favor of the National Museum of Romanian History (MNIR) for the annulment of the public procurement contract for the New MNIR](https://www.nndkp.ro/news/nndkp-obtains-irrevocable-decision-mnir/) - NNDKP represented the National Museum of Romanian History (MNIR) and obtained an irrevocable court decision that annulled in full the New MNIR public procurement proceeding. - [Employment Flash News No. 16/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-16-2018/) - News on minimum salary - [NNDKP at the Gathering of Gambling Professionals](https://www.nndkp.ro/news/the-gathering-of-gambling-professionals/) - Ana-Maria Baciu si Cosmina Simion sunt speakeri. - [Alexandru Aparaschivei Joins NNDKP Tax Advisory Services as Head of the VAT Team](https://www.nndkp.ro/news/alexandru-aparaschivei-nndkp-vat-team/) - NNDKP announces that Alexandru Aparaschivei has joined the Tax Advisory Services team as Head of the VAT team. - [Tax Flash No. 9/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-9-2018/) - The Order no. 3.659 for the approval of the Instructions of unitary application of the provisions of art. 291 par. (2) lit. e) and par. (3) lit. e) of Law no. 227/2015 regarding the Fiscal Code, was published in Official Gazette 1037/2018 VALUE ADDED TAX The Order provides the criteria for classification of restaurant or - [Seminar on administrative disputes](https://www.nndkp.ro/news/seminar-on-administrative-disputes/) - Radu Damaschin and Alexandra Drugan - [Romania Chapter in ICLG Gambling 2019](https://www.nndkp.ro/articles/iclg-gambling-2019/) - Published in "The International Comparative Legal Guide to: Gambling 2019", 5th edition - [Romania Chapter in The Lex Mundi Global Arbitration Guide](https://www.nndkp.ro/articles/romania-chapter-in-the-lex-mundi-global-arbitration-guide/) - NNDKP, the exclusive member in Romania for Lex Mundi, contributed the Romanian Chapter to the guide. - [NNDKP at EEGS 2018](https://www.nndkp.ro/events/nndkp-at-eegs-2018/) - Between 20-21 November 2018 NNDKP was at the 11th edition of Eastern European Gaming Summit (EEGS) organized at the Inter Expo Center in Sofia, Bulgaria. Partner Ana-Maria Baciu Co-Head of NNDKP's Gaming practice was invited as a speaker in the panel "Eastern Europe - Poland/ Romania/ Slovenia/ Hungary/Bulgaria". Ana-Maria was joined in the panel by - [NNDKP at Marketing in Gambling Forum](https://www.nndkp.ro/news/nndkp-gambling-forum/) - Our Partner Cosmina Simion, co-head of the Gaming practice will be a keynote speaker in the panel ”Marketing in Legislation and Responsible Gaming”. - [NNDKP at two events organized in Cluj-Napoca](https://www.nndkp.ro/news/nndkp-cluj-events/) - Our Partner, Georgeta Dinu, head of Competition, State Aid and EU Law practices is invited as a speaker. - [Employment Flash News No. 15/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-15-2018/) - The Government Emergency Ordinance no. 96/9.11.2018 regarding the prorogation of terms, as well as for the amendment and completion of some normative acts was published within the Official Gazette no. 963/14.11.2018. The mentioned normative act brings amendments, inter alia, to Law no. 53/2003 – Labor Code, as follows: The alignment with the recent decisions of - [NNDKP at IBA 2018](https://www.nndkp.ro/events/nndkp-at-iba-2018/) - NNDKP at IBA 2018. NNDKP will be represented at the event by a team of three partners, Gabriela Cacerea, Ruxandra Bologa and Ana-Maria Baciu. - [NNDKP at the Corporate Debt Financing for Romanian Entrepreneurs workshop](https://www.nndkp.ro/events/nndkp-cvi-workshop/) - Corporate Debt Financing for Romanian Entrepreneurs. Our Partners, Alina Radu and Valentin Voinescu will talk about the legal and practical considerations regarding corporate bonds. - [NNDKP at Garnishment, enforcement procedure with an impact on banking activity seminar](https://www.nndkp.ro/news/garnishment-event/) - NNDKP at Garnishment, enforcement procedure with an impact on banking activity - [NNDKP at IP in the Digital Economy for Small and Medium-sized Enterprise Conference IP and Interactive Entertainment](https://www.nndkp.ro/events/ip-conference/) - Cosmina Simion speaker at IP in the Digital Economy for Small and Medium-sized Enterprise. - [NNDKP at IAGR 2018](https://www.nndkp.ro/events/nndkp-at-iagr-2018/) - Ana-Maria Baciu and Cosmina Simion speakers at IAGR 2018. - [NNDKP at IMGL Autumn Conference 2018](https://www.nndkp.ro/events/nndkp-at-imgl-autumn-conference-2018/) - Ana-Maria Baciu and Cosmina Simion speakers at IMG Autumn Conference. - [10 years of Legal & Tax](https://www.nndkp.ro/news/10-years-of-legal-tax/) - Romania’s largest and most respected business legal services providers, NNDKP brings together top notch professional. - [New mechanisms introduced by GEO 88/2018 in the field of insolvency proceedings](https://www.nndkp.ro/articles/geo882018-insolvency-proceedings/) - On October 2, 2018, the Official Gazette of Romania published GEO 88/2018 for the modification and supplementation of certain normative acts in the field of insolvency and of other normative acts - [Administrative disputes - general considerations](https://www.nndkp.ro/articles/administrative-disputes-general-considerations/) - Administrative contracts have a special place in the legal circuit due to both their object - the management of state assets and public services - [NNDKP at Foreign Investors Summit 2018](https://www.nndkp.ro/news/nndkp-at-foreign-investors-summit-2018/) - Our Partners Ruxandra Bologa and Vlad Tanase are among the speakers of the event with contributions during its second day (October 30). - [NNDKP ends 2018 Acing the rankings](https://www.nndkp.ro/news/iflr1000-rankings-2019/) - IFLR 1000 published the 2019 edition of the Financial and Corporate guide and NNDKP is ranked in the first tier of all four practice areas researched in Romania - [Risk allocation in Red and Yellow Fidic form of contracts](https://www.nndkp.ro/articles/risk-allocation-in-red-and-yellow-fidic-form-of-contracts/) - This study is aiming to examine how two of the standard forms of Fidic (the Red and YellowBook) drafted by the International Federation of Consulting Engineers, treat the issue of risk allocation with respect to price, quality and time for completion. - [Romanian Competition Council announces study on the effects of sharing economy business models](https://www.nndkp.ro/articles/cc-study-effects-economy-business/) - The rapid evolution of the business environment driven by the growing interest for initiatives such as Airbnb and Uber, which disrupted traditional business models, draws the attention of competition authorities throughout the European Union. - [NNDKP - contributor to EIRA 2018 Report](https://www.nndkp.ro/articles/nndkp-eira-2018/) - NNDKP is one of the contributors of the Energy Investment Risk Assessment 2018 report (EIRA 2018). Our Partners, Gabriela Cacerea and Ruxandra Bologa. - [Amendments in the field of construction and infrastructure projects in Romania](https://www.nndkp.ro/articles/amendments-in-the-field-of-construction-and-infrastructure-projects-in-romania/) - Author: Razvan Vlad The beginning of 2018 has brought certain amendments in the field of construction and infrastructure projects in Romania, by means of a new enactment that strongly impacted the professional life of contractors, who were used to the FIDIC provisions up to that point.. Government Decision no. 1/10.01.2018 ( “GD no. 1/2018”), which - [Employment Flash News No. 14/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-14-2018/) - News on internship - [Tax Flash No. 8/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-8-2018/) - GEO no.89/2018 regarding certain fiscal and budgetary measures and for the amendment and completion of certain normative acts - [New rules for service of civil procedural documents](https://www.nndkp.ro/articles/new-rules-for-service-of-civil-procedural-documents/) - Radu Damaschin The service of procedural documents is one of the technical guarantees of the right to a fair trial. - [Romania Chapter in WTR Yearbook 2019/2020](https://www.nndkp.ro/articles/romania-chapter-in-wtr-yearbook-2019-2020/) - NNDKP is the unique contributor to the Country Chapter for Romania. Ana-Maria Baciu and Andreea Bende are the authors of the chapter. - [NNDKP boosts its Employment Practice team with the addition of Gabriela Dinu as Managing Associate](https://www.nndkp.ro/news/nndkp-boosts-its-employment-practice-team-with-the-addition-of-gabriela-dinu/) - NNDKP announces the expansion of its Employment Practice with the addition of Gabriela Dinu as Managing Associate NNDKP is pleased to announce that Gabriela Dinu joined its Employment Practice as Managing Associate. With an extensive professional experience of over 15 years, Gabriela specializes in employment legislation and employment relations. Before joining the NNDKP team, Gabriela - [NNDKP assists AFI Europe in a €23 million transaction](https://www.nndkp.ro/news/nndkp-assists-afi-europe-in-a-e23-million-transaction/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted AFI Europe in the acquisition of 43.000 sqm land close to AFI Park office development and the shopping mall from New Century Holdings (NCH). The value of the transaction is estimated at €23 million. Vlad Tanase, Partner in the Real Estate practice area of the firm coordinated NNDKP's - [NNDKP at Environmental & Sustainability Summit](https://www.nndkp.ro/events/nndkp-at-environmental-sustainability-summit/) - NNDKP was at the Environmental & Sustainability Summit. Our Partner Roxana Ionescu was invited as a speaker. - [NNDKP at CIO Conference 2018](https://www.nndkp.ro/events/nndkp-at-cio-conference-2018/) - CIO Council National Conference. Our Partners Roxana Ionescu and Cosmina Simion were among the speakers of the event. - [NNDKP at CEDER 2018](https://www.nndkp.ro/events/nndkp-at-ceder-2018/) - NNDKP was at CEDER 2018. Our Partner Ioana Niculeasa was invited as a speaker in the panel "Residential investment: do the numbers still stack up?". - [NNDKP at Focus on Blockchain conference](https://www.nndkp.ro/events/nndkp-at-focus-on-blockchain/) - On July 19, 2018 NNDKP was at the Focus on Blockchain conference. Our Partner Cosmina Simion was invited as a speaker. - [NNDKP at CEEGC 2018 in Budapest](https://www.nndkp.ro/events/nndkp-at-ceegc-2018-in-budapest/) - NNDKP was at the third edition of Central and Eastern European Gaming Conference organized by European Gaming Events at The Ritz-Carlton in Budapest. - [Ion Nestor - NNDKP is living proof of a success story as an elite independent law firm](https://www.nndkp.ro/news/ion-nestor-interview/) - Ion Nestor, Senior Partner and one of the founding partners of NNDKP discussed with Nine O'Clock magazine about the firm's key ingredient for success and the strategy to consolidate NNDKP's good performance and prestige on the market. The full interview may be accessed here. - [M&A Flash News](https://www.nndkp.ro/legal-tax-updates/ma-news/ma-flash-news/) - Assessment of data protection implications in M&A transactions - possible new requirement The European Data Protection Board (EDPB), the independent body in charge of the application of data protection rules throughout the European Union, has recently issued a statement on the data protection impacts of economic concentrations, in the context of the European Commission's intention - [Ethical challenges in the practice of law](https://www.nndkp.ro/articles/ethical-challenges-in-the-practice-of-law/) - Author: Radu Damaschin "If you want to know the law and nothing else, you must look at it as a bad man, who cares only for the material consequences which such knowledge enables him to predict, not as a good one, who finds his reasons for conduct, whether inside law or outside of it, in - [Employment Flash News No. 13/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-13-2018/) - LEGISLATION News on internship The Law no. 176/2018 on internship was published within the Official Gazette no. 626, dated July 19, 2018. This normative act regulates the performance of internship programs for persons over 16 years of age. As an exception, persons aged 15 may conclude internship contracts only with the consent of their parents - [Employment Flash News No. 12/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-12-2018/) - LEGISLATION News on value tickets The Law no. 165/2018 on granting value tickets was published within the Official Gazette no. 599, dated July 13, 2018. This enactment regulates, in conjunction with the provisions of the Fiscal Code, the regime of value tickets granted for the benefit of employees. The term "value ticket" defines meal tickets, - [Tax Flash No. 7/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-7-2018/) - Law no. 175/2018 regarding the amendment and completion of art. 291 para. (2) of Law no. 227/2015 regarding the Fiscal Code, was published in Official Gazette 611/2018 It is provided that the VAT reduced rate of 9% applies for water supply and sewerage services, thus extending the application of the VAT reduced rate of 9% - [Tax Flash No. 6/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-6-2018/) - Law no. 163/2018 for the amendment and completion of the Accounting Law no. 82/1991, Companies Law no. 31/1990 as well as for the amendment of Law no. 1/2005 regarding the organization and operation of cooperatives was published in the Official Gazette 595/2018 Distribution of profits to shareholders or associates may be performed optionally on a - [Romania Chapter in The Gambling Law Review 2018](https://www.nndkp.ro/articles/romania-chapter-in-the-gambling-law-review-2018/) - Published in "The Gambling Law Review, edition 3, 2018" NNDKP is the unique contributor to the Country Chapter for Romania. Partners, Ana-Maria Baciu and Cosmina Simion tackle matters related to: national gambling legislation the licensing process wrongdoings taxation advertising and marketing outlook Reproduced with permission from Law Business Research Ltd. This article was first published - [Employment Flash News No. 11/2018](https://www.nndkp.ro/legal-tax-updates/employment/eemployment-flash-news-no-11-2018/) - LEGISLATION News on employment stimulation Emergency Ordinance no. 60/2018 for the amendment of several normative acts in the field of stimulation of employment ("Emergency Ordinance No. 60/2018") was published in the Official Gazette no. 577 dated July 9, 2018. Law no. 76/2002 on the unemployment insurance system and employment stimulation ("Law no. 76/2002") is amended - [GDPR adopted by the Senate Chamber of the Romanian Parliament](https://www.nndkp.ro/legal-tax-updates/employment/gdpr-adopted-by-the-senate-chamber-of-the-romanian-parliament/) - The Senate Chamber of the Romanian Parliament has adopted the legislative proposal on the measures implementing Regulation (EU) 2016/679 of the European Parliament and of the Council on the protection of individuals with regard to the processing of personal data and the free movement of such data and repealing Directive 95/46 / EC (General Data Protection - [A glimpse on how the market sees us - We proudly thank you!](https://www.nndkp.ro/news/ip-practice-in-2018/) - NNDKP’s Intellectual Property Practice - – Top Ranked in the Legal and IP Publications in 2018 NNDKP has been once again top ranked by Managing Intellectual Property (MIP), Chambers Europe, IAM Patent 1000 and WTR 1000 in 2018, with certain unique acknowledgements among the firms active in Romania. Highlights of the results presented by the - [Decision of the Bucharest Court of Appeals in the First Emergency Arbitrator Procedure in Romania. A New Success of NNDKP](https://www.nndkp.ro/news/nndkp-success-arbitration/) - The Emergency Arbitrator Procedure was unknown in the Romanian arbitration practice until the beginning of 2018, when it was introduced in the New Procedural Rules of the Romanian Chamber of Commerce and Industry (CCIR). In the first case brought to the attention of CCIR using the aforementioned procedure, the Emergency Arbitrator admitted the request for - [NNDKP successful in an emergency arbitrator proceeding before The Chamber of Commerce and Industry of Romania](https://www.nndkp.ro/news/nndkp-successful-in-an-emergency-arbitrator-proceeding-before-the-chamber-of-commerce-and-industry-of-romania/) - In this proceeding, the plaintiff - a company active in the field of production of alternative energy sources - asked the Emergency Arbitrator to grant provisional measures consisting in the suspension of the plaintiff's payment obligations arising out of a leasing agreement. NNDKP represented the leasing company, which was the defendant in this case, and - [Mogosoaia Palace Remains The Property Of The Bucharest Municipality. A New Resounding Success for NNDKP](https://www.nndkp.ro/news/nndkp-a-new-resounding-success-arbitrator-proceeding-before-the-chamber-of-commerce-and-industry-of-romania-2/) - After more than 8 years of litigation in court, the judge confirmed: Mogoșoaia Palace remains the property of the Bucharest Municipality. Pursuant to the decision rendered on May 22, 2018, the Bucharest Court dismissed as inadmissible the motion filed for the retrocession of the Mogosoaia Palace. The Bucharest Municipality was represented in this case by - [The Data Protection Authority's powers are now aligned with GDPR](https://www.nndkp.ro/legal-tax-updates/employment/data-protection-news/) - Law No. 129/ 2018 for amending and supplementing the Law No.102/2005 regarding the establishment, organization and functioning of the National Supervisory Authority for Personal Data Processing, and for repealing the Law No 677/ 2001 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data was - [NNDKP was at the 2018 Edition of the Balkan Legal Forum in Vienna](https://www.nndkp.ro/events/nndkp-invites-you-to-the-2018-edition-of-the-balkan-legal-forum-in-vienna/) - Balkan Legal Forum will take place between 14-15 June 2018. The 10th edition of the event will be organized by the International Bar Association (IBA) at Park Hyatt, Vienna, Austria. The Balkan Legal Forum is a premier legal conference in Eastern Europe and an extraordinary networking event that usually attracts over 200 participants from over 33 countries. Most prominent leaders and strategic thinkers in the legal profession will attend the conference and they will tackle one of the hottest topics in the law area: The Future of Law: Technology and Legal Services in South East Europe 2018 – 2028. The debates will focus on the following topics: • Technology and clients’ expectations • Artificial intelligence and ‘the law of the future’ • GDPR and other elements of personal data protection • The legal needs of different industry sectors • Leading change: the critical management skill of 2020s • Law firms: evolution or extinction? • “Natural intelligence” in tomorrow’s law firms • Building sustainable profitability in an unpredictable business environment. NNDKP is pleased to announce that Partner Cosmina Simion is invited as a speaker in one of the panels: “Difficult issues for lawyers and clients in the 2020s as a result of technological change”. Cosmina will be joined in the panel by Dan Cocker, Allen & Overy, Warsaw and Gernot Fritz, Freshfields Bruckhaus Deringer, Vienna. More details about the registration are available here. If you need more information on the Balkan Legal Forum, please visit www.balkanlegalforum.org. - [The Award of Administrative Contracts - New Benchmarks for Review Procedures](https://www.nndkp.ro/articles/the-award-of-administrative-contracts/) - Author: Radu Damaschin After a sustained legislative marketing activity that started since January, on June 4, 2018, Government Emergency Ordinance 45/2018 amending and supplementing certain regulatory acts with impact on public procurement was published in the Official Gazette no. 459. More specifically, the regulatory acts in question are Law 98/2016 on public procurement, Law 99/2016 - [Public Procurement News No. 1/2018](https://www.nndkp.ro/legal-tax-updates/public-procurement/public-procurement-news-no-1-2018/) - NEW AMENDMENTS TO THE PUBLIC PROCUREMENT LEGISLATION The legislative package on public procurement adopted in May 2016 was further amended by Emergency Government Ordinance no. 45/2018 for modification and completion of certain enactments with impact on public procurement field ("EGO 45/2018"), which was published in the Official Journal of Romania no. 459 dated June 4th, - [CJEU guidance in merger cases: qualification of a measure as gun-jumping requires contribution to a lasting change in control of the target (CJEU preliminary ruling of 31 May 2018 in C-633/16 E&Y)](https://www.nndkp.ro/articles/cjeu-guidance-in-merger-cases-qualification-of-a-measure-as-gun-jumping-requires-contribution-to-a-lasting-change-in-control-of-the-target-cjeu-preliminary-ruling-of-31-may-2018-in-c-633-16-ey/) - Authors: Georgeta Dinu and Anca Pascu How to strike the right balance between (i) the business need to take preparatory steps in view of integrating the target in M&A deals and (ii) the legal requirement to comply with the standstill obligation under merger control rules? CJEU preliminary ruling of 31 May 2018 in C-633/16 (EY - [Employment Flash News No. 10/2018](https://www.nndkp.ro/legal-tax-updates/employment/eemployment-flash-news-no-10-2018/) - CASE-LAW On 5th of June 2018, the Constitutional Court of Romania upheld the exception regarding the provisions of Art. 56 Par. (1) first thesis from Law No. 53/2003 – Labor Code and stated that such are constitutional to the extent the phrase ”standard age conditions” does not exclude the women’s possibility to request to continue - [An analysis of certain atypical, but predictable situations in the field of contractual liability. When can a framework agreement give rise to contractual liability?](https://www.nndkp.ro/articles/an-analysis-of-certain-atypical-but-predictable-situations-in-the-field-of-contractual-liability/) - Authors: Daniela Gramaticescu "The framework agreement is an agreement whereby the contracting parties define and establish the main rules and conditions that will govern future agreements that will be concluded between them and that are called agreements "for the application" or "for the enforcement" of the framework agreement." (High Court of Cassation and Justice Decision - [Tax Flash No. 5/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-5-2018/) - Government Decision no. 354/2018 amending and completing the methodological norms for the application of Law no. 227/2015 regarding the Fiscal Code, approved by Decision no. 1/2016 was published in the Official Gazette 442/2018 CORPORATE INCOME TAX If the amounts representing the reduction or cancellation of specific provisions/impairment adjustments or, as the case may be, the - [Employment Flash News No. 9/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-9-2018-2/) - LEGISLATION News on meal tickets and crèche tickets Order no. 1618/2018 issued by the Minister of Labour and Social Justice setting forth the maximum indexed amount of the meal ticket for the first semester of 2018, starting with May, as being of 15.18 RON (as opposed to 15.09 RON in the previous regulation) was published - [Ion Nestor among the 100 Romanians invited to speak in the editorial project "Romania 100 ideas" developed by Ziarul Financiar](https://www.nndkp.ro/news/ion-nestor-among-the-100-romanians-invited-to-speak-in-the-editorial-project-romania-100-ideas-developed-by-ziarul-financiar/) - Ion Nestor, Senior Partner and one of the founding partners of NNDKP was invited by Ziarul Financiar to take part in the editorial project "ZF Romania 100 ideas" that celebrates 100 years since the Great Union Day. The aim of this project is to discuss with 100 Romanian personalities (entrepreneurs, sport persons, artists, researchers etc.) - [The Court of Justice of the European Union clarifies by way of preliminary ruling the assessment of "competitive disadvantage" for finding abusive discrimination](https://www.nndkp.ro/articles/the-court-of-justice-of-the-european-union-clarifies-by-way-of-preliminary-ruling-the-assessment-of-competitive-disadvantage-for-finding-abusive-discrimination/) - Authors: Georgeta Dinu and Alexandru Sotropa Prior to CJEU's recent clarification, legal doctrine criticized the approach of competition authorities and courts, which often tended to limit themselves to assuming the existence of a competitive disadvantage (which is a requirement for finding abusive discrimination) from the mere existence of dissimilar conditions applied to equivalent transactions, or - [Employment Flash News No. 8/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-8-2018/) - LEGISLATION News concerning the Labor Code Law no. 88/2018 regarding the approval of Emergency Government Ordinance no. 53/2017 for the amendment of Law no. 53/2003-Labor Code was published within the Official Gazette no. 315/10.04.2018. The normative act contains important mentions regarding undeclared work and keeping record of the working time, such as: The normative act - [We did it again! - NNDKP ranked Tier 1 in 14 out of 15 practice areas researched in Romania by Legal 500; 11 Partners of the Firm named "Leading lawyers"](https://www.nndkp.ro/news/we-did-it-again-nndkp-ranked-tier-1-in-14-out-of-15-practice-areas-researched-in-romania-by-legal-500-11-partners-of-the-firm-named-leading-lawyers/) - Bucharest, 12 April 2018: Nestor Nestor Diculescu Kingston Petersen (NNDKP) secures 14 Tier 1 rankings out of the 15 areas of practice researched in Romania by Legal 500 - EMEA, a benchmark publication on the international legal market. Based on these results, NNDKP leads the rankings for Romania, with all its practice areas being acknowledged - [NNDKP secures an irrevocable decision on behalf of Azomures against GFR in a complex commercial dispute stemming from a framework agreement](https://www.nndkp.ro/news/nndkp-secures-an-irrevocable-decision-on-behalf-of-azomures-against-gfr-in-a-complex-commercial-dispute-stemming-from-a-framework-agreement/) - NNDKP successfully represented the company Azomureș in a commercial dispute that involved damages in the amount of EUR 15 million, representing lost profits pursuant to a framework transportation agreement. In this dispute that lasted seven years and involved complex procedural steps, including quashing and remanding for re-adjudication on appeal, a change of venue at the - [Employment Flash News No. 7/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-7-2018/) - LEGISLATION Law no. 81/2018 regarding teleworking was published within the Official Gazette no. 296/2.04.2018. Teleworking is defined as the work organization form whereby the employee regularly and voluntary fulfills duties specific to his/her job, occupation or profession that he/she holds, in other place than the one organized by the employer, at least one day per - [Tax Flash No. 4/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-4-2018/) - Emergency Ordinance no.25/2018 for the amendment and completion of certain normative acts, as well as for the approval of fiscal-budgetary measures was published in Official Gazette 291/2018 Fiscal Code CORPORATE INCOME TAX Taxpayers that grant sponsorship are required to submit an informative statement regarding the beneficiaries of the sponsorship. Taxpayers who benefit from the tax - [Romania - updates on the gambling legislation](https://www.nndkp.ro/articles/romania-updates-on-the-gambling-legislation/) - Authors: Lucian Barbu and Mihai Serbu Romania is changing the taxation mechanism for revenues derived by individuals as a result of participating to online gambling: such revenues will be subject to taxation through the withholding mechanism. Thus, following the entry into force of an amendment to the Fiscal Code included in the Emergency Ordinance adopted - [Tax Flash No. 3/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-3-2018/) - Law no. 72/2018 on the approval of Ordinance no. 25/2017 for amending and completing the Law no. 227/2015 regarding the Fiscal Code was published in Official Gazette 260/2018 In the case of assigned receivables, the net loss representing the difference between the assignment price and the value of the assigned receivable is deductible within a - [Employment Flash News No. 6/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-6-2018/) - LEGISLATION On 14 March 2018, the Romanian Senate published the legislative proposal regarding the measures aimed at implementing Regulation (EU) 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC - [Ion Nestor - member of the "Shortlist Selection Panel" for the first edition of CEE LM Romania Deal of the Year Awards](https://www.nndkp.ro/news/ion-nestor-member-of-shortlist-selection-panel-for-the-first-edition-of-cee-lm-romania-deal-of-the-year-awards/) - Ion Nestor, Managing Partner at Nestor Nestor Diculescu Kingston Petersen is a member of the "Shortlist Selection Panel" for the first edition of CEE Legal Matters Romania Deal of the Year Award. The Deal of the Year Awards is a new event conceived by CEE Legal Matters dedicated to the most significant transactions in the - [Romania - updates on GDPR legislation](https://www.nndkp.ro/articles/romania-update-on-gdpr-legislation/) - On 14 March 2018, the Romanian Senate published the legislative proposal regarding the measures aimed at implementing Regulation (EU) 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General - [Employment Flash News No. 5/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-5-2018/) - LEGISLATION News concerning legal holidays Law no. 64/2018 completing par. (1) of Art. 139 of the Labor Code was published within the Official Gazette no. 226/13.03.2018. The normative act introduces a new legal holiday, during which work shall not be performed, namely the Good Friday (the last day of Friday before Easter). The provisions of - [NNDKP at Debt in European Emerging Markets 2018](https://www.nndkp.ro/events/nndkp-at-debt-in-european-emerging-markets-2018/) - On February 22 2018, the Debt in European Emerging Markets event organized by WJ Global Group took place in Bucharest. Key topics: Active markets and upcoming hotspots Investor outlook into the region and buy-side approach Debt purchasing and collections NPL transaction landscape and changes in past year Economic outlook for Emerging Europe Transparency & political - [NNDKP Tax Advisory Services at Tax EU Forum 2018](https://www.nndkp.ro/events/nndkp-tax-advisory-services-at-tax-eu-forum-2018/) - During February 1-2 2018, NNDKP Tax Advisory Services was at Tax EU Forum organized by Evensys in Bucharest. The 12th edition of the forum tackled the most important legislative and fiscal challenges for 2018 with focus on the new legislative changes and their impact on the Romanian fiscal environment. Our Tax Advisory Partners Adina Vizoli-Alexandru, - [NNDKP - High Five! Firm of the Year in Intellectual Property for the fifth consecutive year](https://www.nndkp.ro/news/nndkp-high-five-firm-of-the-year-in-intellectual-property-for-the-fifth-consecutive-year/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) wins for the fifth time in a row the award for "Romanian Intellectual Property Firm of the Year" - Contentious category, at the Managing Intellectual Property (MIP) gala organized in London. Managing Intellectual Property is one of the most prestigious international publications in intellectual property. In its 2018 rankings, - [Nestor Nestor Diculescu Kingston Petersen captures the rankings of the 2018 edition of Chambers Europe](https://www.nndkp.ro/news/nestor-nestor-diculescu-kingston-petersen-captures-the-rankings-of-the-2018-edition-of-chambers-europe/) - On 8 March 2018, Chambers and Partners published its Europe guide. NNDKP is ranked first (Band 1) in 12 out of the 14 practice areas researched in Romania and continues to dominate the rankings reconfirming once again our prime position on the Romanian legal business market: Banking and finance | Competition | Corporate/M&A | Dispute - [Employment Flash News No. 4/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-4-2018/) - LEGISLATION Government Emergency Ordinance no. 8/2018 regarding measures adopted in health matters was published within the Official Gazette no. 190/1.III.2018 (and entered into force as of the date of its publication). The normative act regulates, inter alia, new temporary fiscal measures and temporary amendments brought to Emergency Government Ordinance no. 158/2005 regarding social health insurance - [When a joint venture faces insolvency](https://www.nndkp.ro/articles/when-a-joint-venture-faces-insolvency/) - Author: Radu Damaschin, Partner Insolvency that stems from the obligations assumed by a joint venture may concern any of the associates. Such proceeding, especially when it has an international dimension, requires a broader perspective on some of the requirements set forth by law with respect to the initiation and application of the proceeding. Through its - [3 new partners at NNDKP effective March 1, 2018](https://www.nndkp.ro/news/3-new-partners-at-nndkp-effective-march-1-2018/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) announced today the promotion of three lawyers to partnership. This decision reconfirms NNDKP's strategy in stimulating the internal development of its lawyers on all levels of seniority and continues to consolidate its position as a leader of the Romanian business law market. Corina Dumitru and Razvan Vlad were promoted - [NNDKP and Cornerstone Communications enter into an alliance](https://www.nndkp.ro/news/nndkp-and-cornerstone-communications-enter-into-an-alliance/) - An exceptional alliance, aiming at enhancing the ecosystem for Romanian entrepreneurs and at contributing to internationalization of their businesses, across the European and global economic space. Building business bridges within the CEE region represents one of the most important opportunities for businesses throughout the region. Ion Nestor, NNDKP: “We are accelerating the development of our - [NNDKP's Partners in The Legal 500 - Hall of Fame](https://www.nndkp.ro/news/nndkps-partners-in-the-legal-500-hall-of-fame/) - Senior Partners Ana Diculescu-Sova and Adriana Gaspar and Partner, Alina Radu have been inducted in the Legal 500's Hall of Fame for Romania. The Legal 500 Hall of Fame includes partners who are at the pinnacle of their profession life in the legal profession. They are the partners that have received constant praise by their - [Employment Flash News No. 3/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-3-2018/) - LEGISLATION Government Emergency Ordinance no. 3/2018 regarding fiscal-budgetary measures has been published within the Official Gazette no. 125/8.II.2018. The normative act is mainly justified by the amendments brought to the Fiscal Code through GEO no. 79/2017 and by the necessity of ensuring a unitary fiscal treatment as regards the mandatory social contributions due by the - [New Code of Ethics in Gambling](https://www.nndkp.ro/articles/new-code-of-ethics-in-gambling/) - The Romanian National Gambling Office has issued and published the Code of ethics on responsible communication in the field of gambling. This set of rules is intended to be a set of self-regulatory norms on commercial communication in the field of gambling, to which all gambling organizers must adapt their practices, so as they ensure - [Employment Flash News No. 2/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-2-2018/) - LEGISLATION The Government Decision no. 33/2018 regarding the administrative offenses the Prevention Law no. 270/2017 refers to and regarding the remediation plan template was published within the Official Gazette no. 107/February 5th 2018. According to the Prevention Law, if the agent of the competent authorities/bodies discovers the perpetration of one or more of the deeds - [NNDKP among Bucharest Stock Exchange's partners for the second edition of Made in Romania project](https://www.nndkp.ro/news/nndkp-among-bucharest-stock-exchances-partners-for-the-second-edition-of-made-in-romania-project/) - Made in Romania is a unique project of the Bucharest Stock Exchange aiming at identifying and promoting top Romania's companies. The main goal of the project is to discover the future engines of Romanian economy and assist them throughout a full year in order to help them bring their business to the next level, by - [By object restrictions of competition in the pharmaceutical industry in the context of off-label use of medicines (CJEU preliminary ruling in F. Hoffmann-La Roche and Others v Autorità Garante della Concorrenza e del Mercato)](https://www.nndkp.ro/articles/by-object-restrictions-of-competition-in-the-pharmaceutical-industry-in-the-context-of-off-label-use-of-medicines-cjeu-preliminary-ruling-in-f-hoffmann-la-roche-and-others-v-autorita-garante-della-c/) - The Court of Justice of the European Union (CJEU) ruled on 23 January 2018 in Case F. Hoffmann-La Roche and Others v Autorità Garante della Concorrenza e del Mercato (C-179/16) that "an arrangement between two undertakings marketing two competing products which concerns the dissemination, in a context of scientific uncertainty, to the European Medicines Agency, healthcare professionals - [Employment Flash News No. 1/2018](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-1-2018/) - LEGISLATION Order no. 15/2018/1311/2017 of the minister of health and of the president of the National Health Insurance House regarding the approval of the Application norms of the provisions of Emergency Government Ordinance no. 158/2005 regarding social health insurance leaves and indemnities was published within the Official Gazette no. 31/12.XII.2018. The normative act is mainly - [Tax Flash No. 2/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-2-2018-2/) - Fiscal Updates Law no. 29/2018 regarding the annulment of certain fiscal obligations was published in Official Gazette 52/2018 The differences of income tax and social contributions as well as the related late payment charges established (or that could have been established) through a reclassification into independent activity of transactions for which income tax on the - [NNDKP - Two time Top Law Firm in Gaming in Romania](https://www.nndkp.ro/accolades/nndkp-two-time-top-law-firm-in-gaming-in-romania/) - On December 8 2017 took place the 4th Romanian Gaming Gala organized by Casino Inside Magazine in Bucharest. NNDKP was named the best law firm that is active in the gaming field in 2017. This was the second consecutive year when NNDKP wins this award, positioning our Gaming practice as the most reputed of its - [NNDKP at ZF Live](https://www.nndkp.ro/news/nndkp-at-zf-live/) - Our Partners Luminita Dima, Head of Employment and Alina Timofti, Head of Tax Advisory Services were at ZF Live on Tuesday, November 21 at 12.00 p.m.. Luminita and Alina discussed about the impact of the fiscal changes in terms of salary income taxation as of January 1, 2018. - [Tax Flash No. 1/2018](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-1-2018/) - Law no. 275/2017 for the approval of Government Ordinance no. 23/2017 concerning the VAT split payment was published in Official Gazette no. 1036/2017 The Law brings amendments to Ordinance no. 23/2017, out of which we mention the following: the taxable persons and public institutions registered for VAT purposes that will be liable to open and - [Employment Flash News No. 7/2017](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-7-2017/) - LEGISLATION News concerning the general employee registry Government Decision (GD) no. 905/2017 regarding the general employee registry was published within the Official Gazette no. 1005/19.XII.2017. This new piece of legislation contains new rules regarding the completion and submission of data from the general employee registry to the territorial labor inspectorates, GD no. 500/2011 being therefore - [Employment Flash News No. 6/2017](https://www.nndkp.ro/legal-tax-updates/employment/employment-flash-news-no-6-2017/) - LEGISLATION News on minimum salary Government Decision no. 846/2017 on the establishment of the minimum gross base salary guaranteed for payment at national level was published within the Official Gazette no. 950 dated November 29th, 2017. According to these legal provisions, starting January 1st 2018, the minimum monthly gross base salary guaranteed for payment for - [Romanian Government Approves Draft Law on Mining Activities](https://www.nndkp.ro/articles/romanian-government-approves-draft-law-on-mining-activities/) - Authors: Ruxandra Bologa and Mirela Preda The Romanian Government has recently approved a draft law on mining activities that is intended to replace the existing law, enacted in 2003. In order to be enacted, the draft law needs to pass the Parliament test, which means that it will not come into force this year. In - [Roxana Ionescu at ZF Digital Summit 2017](https://www.nndkp.ro/news/roxana-ionescu-at-zf-digital-summit-2017/) - Between November 13 - 14 2017, Roxana Ionescu, Head of Data Protection practice was at ZF Digital Summit 2017. Roxana discussed on the subject of the General Data Protection Regulation which will come into force starting from May 25 2018 and its impact on Romania. - [Tax Flash No. 16/2017](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-162017/) - Order no. 3049/2017 for the approval of the model and content of the form for the Country by Country Report was published in the Official Gazette 894/2017 The following forms and their instructions are approved: "Country-by-country report" to be submitted by the reporting entity within 12 months from the last day of the reporting fiscal - [Tax Flash No. 15/2017](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-152017/) - Order no. 3199/2017 for the approval of the Reimbursement Procedure of taxes, customs duties and others levies and fees paid by the Government of the United State of America, its operating personnel, contractors and its personnel regarding the amounts provided by Art. X point 4 and Art. XI point 3 of the Agreement between the - [Tax Flash No. 14/2017](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-142017/) - Emergency Ordinance no. 79/2017 amending and completing Law no. 227/2015 regarding the Fiscal Code was published in the Official Gazette 885/2017 The main amendments applicable as of January 1st 2018 are outlined below. Corporate income tax The existing limitations on deductibility of interest and forex differences are repealed, and a new chapter "Rules against tax - [NNDKP Tax Advisory Services at ZF Live](https://www.nndkp.ro/news/nndkp-tax-advisory-services-at-zf-live/) - Marius Ionescu, Co-Head of NNDKP Tax Advisory Services was at ZF Live, on Thursday, November 9 2017. Marius tackled the subject of the EU Directive 2016/1164 laying down the rules against tax avoidance practices that directly affect the functioning of the internal market and its implications for the Romanian market. To watch Marius Ionescu at the ZF Live - [Romania Chapter in The Lex Mundi Global Merger Notification Guide](https://www.nndkp.ro/articles/romania-chapter-in-the-lex-mundi-global-merger-notification-guide/) - NNDKP, the exclusive member in Romania for Lex Mundi, contributed the Romanian Chapter to the guide. Author: Georgeta Dinu The Lex Mundi Global Merger Notification Guide provides a detailed summary of the different merger notification procedures in each jurisdiction. Items addressed include the current regulatory regimes and agencies in place, initial and post-filing requirements, and - [Romania Chapter in The Lex Mundi Global Data Privacy Guide](https://www.nndkp.ro/articles/romania-chapter-in-the-lex-mundi-global-data-privacy-guide/) - NNDKP, the exclusive member in Romania for Lex Mundi, contributed the Romanian Chapter to the guide. Author: Roxana Ionescu The Lex Mundi Global Data Privacy Guide draws on the expertise of Lex Mundi member firms and is a simple yet concise tool for clients who are looking to learn more about key data protection concepts - [NNDKP at Foreign Investors Summit 2017](https://www.nndkp.ro/news/nndkp-will-be-at-foreign-investors-summit-2017/) - The 4th edition of Foreing Investors Summit organized by Business Review took place between October 31 - November 2, 2017 in Bucharest. Our Partners Cosmina Simion and Vlad Tanase were among the speakers of the event with contributions during its second day (November 1): Cosmina Simion - Panel "Focus on Technology & Innovation" Vlad Tanase - [Merger clearance of transactions in the retail sector is expected to be subject to stricter scrutiny by the Romanian competition authority](https://www.nndkp.ro/articles/merger-clearance-of-transactions-in-the-retail-sector-is-expected-to-be-subject-to-stricter-scrutiny-by-the-romanian-competition-authority/) - The Romanian Competition Council (RCC) has announced it will change the clearance procedures for mergers and acquisitions in the food retail sector in terms of geographic market definition, in light of changes in the conduct of both market players and consumers. The RCC draws a distinction between two categories of retail stores, based on a - [More than 2 years from the new regulation…](https://www.nndkp.ro/articles/more-than-2-years-from-the-new-regulation/) - Published in “Casino Inside”, issue 78 Authors: Ana-Maria Baciu & Cosmina Simion The summer of 2015 was intensive for the gambling industry and brought the first interim rights to operate for the remote gambling operators. The spring of 2016 has brought, besides snowdrops, class 2 licenses for the providers of gambling content, audit and certification - [Tax Flash No. 13/2017](https://www.nndkp.ro/legal-tax-updates/tax-flash/tax-flash-no-132017/) - Order no. 2927/2017 regarding the procedure and conditions for approving the transfer of the amounts from the VAT account was published in the Official Gazette 813/2017 The Order introduces the following: The procedure for approving the transfer of the amounts from the VAT account, out of which we mention the following aspects: the requests for - [NNDKP ranked First in all practice areas in IFLR 1000, 2018 edition](https://www.nndkp.ro/news/nndkp-ranked-first-in-all-practice-areas-in-iflr-1000-2018/) - NNDKP starts the 2018 editions of the international legal publications as top tier in the IFLR 1000 Financial and Corporate guide, in all four practice areas researched in Romania: Banking and Finance Capital Markets Mergers and Acquisitions Project development IFLR 1000 is one of the most prestigious international legal research institutions, compiling annual rankings of ## Pages - [Home](https://www.nndkp.ro/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) is a promoter of business law in Romania, providing integrated legal and tax services on the local market. For over 30 years, corporations, financial institutions, private equity funds and entrepreneurs from diverse industries, including innovative and niche sectors, have provided us the opportunity to work together on both landmark transactions and projects that have contributed to the evolution of the local business environment. - [Home](https://www.nndkp.ro/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) is a promoter of business law in Romania, providing integrated legal and tax services on the local market. For over 30 years, corporations, financial institutions, private equity funds and entrepreneurs from diverse industries, including innovative and niche sectors, have provided us the opportunity to work together on both landmark transactions and projects that have contributed to the evolution of the local business environment. - [Home](https://www.nndkp.ro/) - Nestor Nestor Diculescu Kingston Petersen (NNDKP) is a promoter of business law in Romania, providing integrated legal and tax services on the local market. For over 30 years, corporations, financial institutions, private equity funds and entrepreneurs from diverse industries, including innovative and niche sectors, have provided us the opportunity to work together on both landmark transactions and projects that have contributed to the evolution of the local business environment. - [Andreea Bocancea](https://www.nndkp.ro/who-we-are/our-team/andreea-bocancea/) - [Florina Firaru](https://www.nndkp.ro/who-we-are/our-team/florina-firaru/) - [Sorina Olaru](https://www.nndkp.ro/who-we-are/our-team/sorina-olaru/) - [Technology](https://www.nndkp.ro/what-we-do/industries/technology/) - [Retail and Consumer Goods](https://www.nndkp.ro/what-we-do/industries/retail/) - [Industrial and Manufacturing](https://www.nndkp.ro/what-we-do/industries/industrial-and-manufacturing/) - [Financial Sector](https://www.nndkp.ro/what-we-do/industries/financial-sector/) - [Automotive](https://www.nndkp.ro/what-we-do/industries/automotive/) - [A Global Mindset](https://www.nndkp.ro/who-we-are/a-global-mindset/) - NNKDP has always been committed to outstanding legal and tax services and exceptional client relationship management. - [Legal Counseling](https://www.nndkp.ro/what-we-do/legal-counseling/) - AdvertisingBanking and Finance, Capital Markets, Competition and State Aid, Consumer Protection, Corporate/M&A, Data Protection, Dispute Resolution, Employment, Energy and Natural Resources, Environment, EU Law, Gaming, Immigration, Insurance and Private Pensions, Pharmaceuticals and Healthcare, Public Procurement and PPP, Real Estate and Construction, Telecommunications and Media - [Insurance and Private Pensions](https://www.nndkp.ro/what-we-do/legal-counseling/insurance/) - [Immigration](https://www.nndkp.ro/what-we-do/legal-counseling/immigration/) - [Advertising](https://www.nndkp.ro/what-we-do/legal-counseling/advertising/) - [Lex Mundi](https://www.nndkp.ro/who-we-are/a-global-mindset/lex-mundi/) - [Andreea Badiu](https://www.nndkp.ro/who-we-are/our-team/andreea-badiu/) - [Razvan Banta](https://www.nndkp.ro/who-we-are/our-team/razvan-banta/) - [Bianca Chirila](https://www.nndkp.ro/who-we-are/our-team/bianca-chirila/) - [Catalina Dan](https://www.nndkp.ro/who-we-are/our-team/catalina-dan/) - [Flavia Danciulescu](https://www.nndkp.ro/who-we-are/our-team/flavia-danciulescu/) - [Diana Feldrihan](https://www.nndkp.ro/who-we-are/our-team/diana-feldrihan/) - [Claudia Lazar](https://www.nndkp.ro/who-we-are/our-team/claudia-lazar/) - [Alexandru Lupu](https://www.nndkp.ro/who-we-are/our-team/alexandru-lupu/) - [Oana Popescu](https://www.nndkp.ro/who-we-are/our-team/oana-popescu/) - [Camelia Stanciu](https://www.nndkp.ro/who-we-are/our-team/camelia-stanciu/) - [Elena Triscariu](https://www.nndkp.ro/who-we-are/our-team/elena-triscariu/) - [Iulian Ursache](https://www.nndkp.ro/who-we-are/our-team/iulian-ursache/) - [Stefania Vecerdea](https://www.nndkp.ro/who-we-are/our-team/stefania-vecerdea/) - [Bianca Arhire](https://www.nndkp.ro/who-we-are/our-team/bianca-arhire/) - [Calin Birsan](https://www.nndkp.ro/who-we-are/our-team/calin-birsan/) - [Bogdan Ciacli](https://www.nndkp.ro/who-we-are/our-team/bogdan-ciacli/) - [Anda Dragoi](https://www.nndkp.ro/who-we-are/our-team/anda-dragoi/) - [Laura Duca](https://www.nndkp.ro/who-we-are/our-team/laura-duca/) - [Mariana Dumitru](https://www.nndkp.ro/who-we-are/our-team/mariana-dumitru/) - [Rares Farcas](https://www.nndkp.ro/who-we-are/our-team/rares-farcas/) - [Andra Grozavu](https://www.nndkp.ro/who-we-are/our-team/andra-grozavu/) - [Bianca Isache](https://www.nndkp.ro/who-we-are/our-team/bianca-isache/) - [Augustin Moga](https://www.nndkp.ro/who-we-are/our-team/augustin-moga/) - [Emilia Oancea](https://www.nndkp.ro/who-we-are/our-team/emilia-oancea/) - [Alexandra Petran](https://www.nndkp.ro/who-we-are/our-team/alexandra-petran/) - [Mara Pieleanu](https://www.nndkp.ro/who-we-are/our-team/mara-pieleanu/) - [Daria Pulbere](https://www.nndkp.ro/who-we-are/our-team/daria-pulbere/) - [Rares Rusu](https://www.nndkp.ro/who-we-are/our-team/rares-rusu/) - [Ioana Sotropa](https://www.nndkp.ro/who-we-are/our-team/ioana-sotropa/) - [Oana Ștefan](https://www.nndkp.ro/who-we-are/our-team/oana-stefan/) - [Ariana Suliman](https://www.nndkp.ro/who-we-are/our-team/ariana-suliman/) - [Georgiana Surdu](https://www.nndkp.ro/who-we-are/our-team/georgiana-surdu/) - [Anda Zamfir](https://www.nndkp.ro/who-we-are/our-team/anda-zamfir/) - [Eduard Zamfir](https://www.nndkp.ro/who-we-are/our-team/eduard-zamfir/) - [Diana Vasile](https://www.nndkp.ro/who-we-are/our-team/diana-vasile/) - [Join us](https://www.nndkp.ro/join-us/) - Throughout the year, we select lawyers for different practice areas, both in Bucharest and in our regional offices in Timisoara, Cluj-Napoca or Brasov, across various levels of experience. We are always interested in meeting candidates with outstanding legal expertise, excellent legal writing skills, motivation and pro-active attitude. Join us. Send your CV - [Telecommunications and Media](https://www.nndkp.ro/what-we-do/legal-counseling/it-electronic-communications-and-media/) - [Real Estate and Construction](https://www.nndkp.ro/what-we-do/legal-counseling/real-estate/) - [Public Procurement and PPP](https://www.nndkp.ro/what-we-do/legal-counseling/public-procurement/) - [Pharmaceuticals and Healthcare](https://www.nndkp.ro/what-we-do/legal-counseling/pharmaceutical-and-health-care/) - [Intellectual Property](https://www.nndkp.ro/what-we-do/legal-counseling/intellectual-property/) - Thus, we provide assistance in virtually all areas of practice impacting intellectual property rights, including trademark, trade dress, design, copyright, trade names, domain names, IP transactional, enforcement and border measures, across various industry sectors such as automotive, telecommunication, media and entertainment, gambling, pharmaceutical, fashion, real – estate, software, tobacco, and food and beverages. - [Gaming](https://www.nndkp.ro/what-we-do/legal-counseling/gaming/) - [EU Law](https://www.nndkp.ro/what-we-do/legal-counseling/eu-law/) - [Energy and Natural Resources](https://www.nndkp.ro/what-we-do/legal-counseling/energy-and-natural-resources/) - [Employment](https://www.nndkp.ro/what-we-do/legal-counseling/employment/) - [Dispute Resolution](https://www.nndkp.ro/what-we-do/legal-counseling/dispute-resolution/) - [Data Protection](https://www.nndkp.ro/what-we-do/legal-counseling/data-protection/) - [Corporate/M&A](https://www.nndkp.ro/what-we-do/legal-counseling/corporate/) - [Competition and State Aid](https://www.nndkp.ro/what-we-do/legal-counseling/competition/) - [Capital Markets](https://www.nndkp.ro/what-we-do/legal-counseling/capital-markets/) - [Banking and Finance](https://www.nndkp.ro/what-we-do/legal-counseling/banking/) - [Daniel Stancescu](https://www.nndkp.ro/who-we-are/our-team/daniel-stancescu/) - [Ionut Stancu](https://www.nndkp.ro/who-we-are/our-team/ionut-stancu/) - [Alexandru Ciambur](https://www.nndkp.ro/who-we-are/our-team/alexandru-ciambur/) - [Razvan Savin](https://www.nndkp.ro/who-we-are/our-team/razvan-savin/) - [Alexandra Marutoiu](https://www.nndkp.ro/who-we-are/our-team/alexandra-marutoiu/) - [Alexandru Lacureanu](https://www.nndkp.ro/who-we-are/our-team/alexandru-lacureanu/) - [Emanuel Flechea](https://www.nndkp.ro/who-we-are/our-team/emanuel-flechea/) - [Mihai Fifoiu](https://www.nndkp.ro/who-we-are/our-team/mihai-fifoiu/) - [Madalina Panca](https://www.nndkp.ro/who-we-are/our-team/madalina-panca/) - [Cristian Dranca](https://www.nndkp.ro/who-we-are/our-team/cristian-dranca/) - [Alina Boureanu](https://www.nndkp.ro/who-we-are/our-team/alina-boureanu/) - [Alexandru Aman](https://www.nndkp.ro/who-we-are/our-team/alexandru-aman/) - [Alexandru Aparaschivei](https://www.nndkp.ro/who-we-are/our-team/alexandru-aparaschivei/) - [Silviu Badescu](https://www.nndkp.ro/who-we-are/our-team/silviu-badescu/) - [Lucian Barbu](https://www.nndkp.ro/who-we-are/our-team/lucian-barbu/) - [Marius Ionescu](https://www.nndkp.ro/who-we-are/our-team/marius-ionescu/) - [Alina Timofti](https://www.nndkp.ro/who-we-are/our-team/alina-timofti/) - [Anca Diaconu](https://www.nndkp.ro/who-we-are/our-team/anca-diaconu/) - [Iurie Cojocaru](https://www.nndkp.ro/who-we-are/our-team/iurie-cojocaru/) - [Roxana Abrasu](https://www.nndkp.ro/who-we-are/our-team/roxana-abrasu/) - [Razvan Vlad](https://www.nndkp.ro/who-we-are/our-team/razvan-vlad/) - [Lavinia Ionita Rasmussen](https://www.nndkp.ro/who-we-are/our-team/lavinia-ionita-rasmussen/) - [Corina Dumitru](https://www.nndkp.ro/who-we-are/our-team/corina-dumitru/) - [Vlad Tanase](https://www.nndkp.ro/who-we-are/our-team/vlad-tanase/) - [Valeriu Mina](https://www.nndkp.ro/who-we-are/our-team/valeriu-mina/) - [Daniela Gramaticescu](https://www.nndkp.ro/who-we-are/our-team/daniela-gramaticescu/) - [Valentin Voinescu](https://www.nndkp.ro/who-we-are/our-team/valentin-voinescu/) - [Ioana Niculeasa](https://www.nndkp.ro/who-we-are/our-team/ioana-niculeasa/) - [Ruxandra Maria Bologa](https://www.nndkp.ro/who-we-are/our-team/ruxandra-bologa/) - [Gabriela Cacerea](https://www.nndkp.ro/who-we-are/our-team/gabriela-cacerea/) - [Alina Radu](https://www.nndkp.ro/who-we-are/our-team/alina-radu/) - [Adriana Ioana Gaspar](https://www.nndkp.ro/who-we-are/our-team/adriana-gaspar/) - [Emil Bivolaru](https://www.nndkp.ro/who-we-are/our-team/emil-bivolaru/) - [Adina Chilim-Dumitriu](https://www.nndkp.ro/who-we-are/our-team/adina-chilim-dumitriu/) - [Ana Diculescu-Sova](https://www.nndkp.ro/who-we-are/our-team/ana-diculescu-sova/) - [Manuela Marina Nestor](https://www.nndkp.ro/who-we-are/our-team/manuela-nestor/) - [Raluca Olah](https://www.nndkp.ro/who-we-are/our-team/raluca-olah/) - [Miruna Vlad](https://www.nndkp.ro/who-we-are/our-team/miruna-vlad/) - [Elena Palmaciu](https://www.nndkp.ro/who-we-are/our-team/elena-palmaciu/) - [Bianca Pana](https://www.nndkp.ro/who-we-are/our-team/bianca-pana/) - [Alina Colibaba](https://www.nndkp.ro/who-we-are/our-team/alina-colibaba/) - [Benchmarks in the Firm's Evolution](https://www.nndkp.ro/who-we-are/evolution-new/) - Benchmarks in the firm's evolution - [Center of Excellence in Fiscal Disputes - CELF](https://www.nndkp.ro/center-of-excellence-in-fiscal-disputes-celf/) - NNDKP CELF - The Center of Excellence in Fiscal Disputes NNDKP CELF provides integrated services to the company’s clients from the initial stage of a fiscal dispute until the litigation stage before the Romanian and international courts, offering a seamless approach throughout the fiscal dispute. Clients benefit from the very first moment from complete professional services - [Dragos Pigui](https://www.nndkp.ro/who-we-are/our-team/dragos-pigui/) - [Florentin Nanu](https://www.nndkp.ro/who-we-are/our-team/florentin-nanu/) - [Adina Moldovan](https://www.nndkp.ro/who-we-are/our-team/adina-moldovan/) - [Ion Loga](https://www.nndkp.ro/who-we-are/our-team/ion-loga/) - [Ancuta Stroescu](https://www.nndkp.ro/who-we-are/our-team/ancuta-stroescu/) - [Andreea Sovar](https://www.nndkp.ro/who-we-are/our-team/andreea-sovar/) - [Alexandra Patrascu](https://www.nndkp.ro/who-we-are/our-team/alexandra-patrascu/) - [Mihaela Ceausescu](https://www.nndkp.ro/who-we-are/our-team/mihaela-ceausescu/) - [Delia Baroianu](https://www.nndkp.ro/who-we-are/our-team/delia-baroianu/) - [Vlad Anghel](https://www.nndkp.ro/who-we-are/our-team/vlad-anghel/) - [Mara Matei](https://www.nndkp.ro/who-we-are/our-team/mara-matei/) - [Daria Anghel](https://www.nndkp.ro/who-we-are/our-team/daria-anghel/) - [Ramona Stefan](https://www.nndkp.ro/who-we-are/our-team/ramona-stefan/) - [Iulia Tudorache](https://www.nndkp.ro/who-we-are/our-team/iulia-tudorache/) - [Eduard Rașcă](https://www.nndkp.ro/who-we-are/our-team/eduard-rasca/) - [Eduard Rasca](https://www.nndkp.ro/who-we-are/our-team/eduard-rasca-2/) - [Mădălina Vasile](https://www.nndkp.ro/who-we-are/our-team/madalina-vasile/) - [Three Seas Legal Alliance](https://www.nndkp.ro/who-we-are/a-global-mindset/three-seas-legal-alliance/) - [Ioana Pinzaru](https://www.nndkp.ro/who-we-are/our-team/ioana-pinzaru/) - [Simona Enescu](https://www.nndkp.ro/who-we-are/our-team/simona-enescu/) - [Sorin Mociofan](https://www.nndkp.ro/who-we-are/our-team/sorin-mociofan/) - [Mihaela Ioja](https://www.nndkp.ro/who-we-are/our-team/mihaela-ioja/) - [Eva Forika](https://www.nndkp.ro/who-we-are/our-team/eva-forika/) - [Ioana Cioclei](https://www.nndkp.ro/who-we-are/our-team/ioana-cioclei/) - [Daniela Pepa](https://www.nndkp.ro/who-we-are/our-team/daniela-pepa/) - [Daniel Hadar](https://www.nndkp.ro/who-we-are/our-team/daniel-hadar/) - [Cristina Bidiga](https://www.nndkp.ro/who-we-are/our-team/cristina-bidiga/) - [Ciprian Paun](https://www.nndkp.ro/who-we-are/our-team/ciprian-paun/) - [Andreea Codrea](https://www.nndkp.ro/who-we-are/our-team/andreea-codrea/) - [Alexandru Onuta](https://www.nndkp.ro/who-we-are/our-team/alexandru-onuta/) - [Ion Nestor](https://www.nndkp.ro/who-we-are/our-team/ion-nestor/) - [Cluj Office](https://www.nndkp.ro/cluj/) - Established in 2011, our Cluj-Napoca office contributes to an increased efficiency of the integrated legal and tax services provided by NNDKP, including through swifter and educated responses thanks to in-person interaction and a substantial knowledge of the economic and social particularities of the region. - [Vogel Global](https://www.nndkp.ro/who-we-are/a-global-mindset/vogel-global/) - [Energy Law Group](https://www.nndkp.ro/who-we-are/a-global-mindset/elg-2/) - [SEE Legal](https://www.nndkp.ro/who-we-are/a-global-mindset/see-legal/) - [World Services Group](https://www.nndkp.ro/who-we-are/a-global-mindset/world-services-group/) - [Whistleblower Directive Hub](https://www.nndkp.ro/act-for-ethics-hub/) - Act for Ethics - NNDKP’s Ethics Officer – a legal & tax hub dedicated to business ethics and compliance Compliance aspects have an increasingly significant impact, in terms of magnitude and intensity, on the lives of companies, at global level. Beyond their desire to voluntarily mitigate legal, fiscal and operational risks, or the obligation to - [Employment SpotON 2025](https://www.nndkp.ro/seminarii-nndkp/employment-spoton-2025/) - [Thank you! Employment SpotON 2025](https://www.nndkp.ro/seminarii-nndkp/employment-spoton-2025/thank-you-employment-spoton-2025/) - [Thank you](https://www.nndkp.ro/join-us/thank-you/) - [Thank you](https://www.nndkp.ro/invite-nndkp/thank-you/) - [Fridays @ NNDKP](https://www.nndkp.ro/join-us/fridays-nndkp/) - [Tax Advisory Services](https://www.nndkp.ro/what-we-do/tax-advisory-services/) - The integration of tax services into a comprehensive multidisciplinary approach to the needs of our clients promoted us as the first law firm active in Romania to offer built-in services and placed us among a very selected group of firms to provide this much needed combination of knowledge and resources. - [Oana Partenie](https://www.nndkp.ro/who-we-are/our-team/oana-partenie/) - [Thank you! NNDKP Legal & Tax SPACE - Employment SpotON 2024](https://www.nndkp.ro/seminarii-nndkp/nndkp-legal-tax-space-employment-spoton-2024/thank-you/) - [NNDKP Legal & Tax SPACE - Employment SpotON 2024](https://www.nndkp.ro/seminarii-nndkp/nndkp-legal-tax-space-employment-spoton-2024/) - [Contact](https://www.nndkp.ro/contact/) - Get in touch today - [SEND US YOUR CV](https://www.nndkp.ro/join-us/apply/) - [Firm News](https://www.nndkp.ro/news/firm-news/) - News, Accolades, Articles, Events - [Training-uri din cadrul Școlii de Vară - ediția 2021](https://www.nndkp.ro/training-uri-din-cadrul-scolii-de-vara-editia-2021/) - [Webinar - Regulamentul AI: Primii pasi pentru conformare](https://www.nndkp.ro/seminarii-nndkp/regulamentul-ai-primii-pasi-pentru-conformare/) - [Thank you! - Webinar - Regulamentul AI: Primii pasi pentru conformare](https://www.nndkp.ro/seminarii-nndkp/regulamentul-ai-primii-pasi-pentru-conformare/thank-you/) - [Environment](https://www.nndkp.ro/what-we-do/legal-counseling/environment/) - [Articles & Briefings](https://www.nndkp.ro/publications-insights/articles/) - [Seminar NNDKP: Noutati fiscale de interes pentru 2024, 7 decembrie 2023](https://www.nndkp.ro/seminarii-nndkp/seminar-nndkp-noutati-fiscale-de-interes-pentru-2024-7-decembrie-2023/) - [Thank you - Seminar NNDKP: Noutati fiscale de interes pentru 2024, 7 decembrie 2023](https://www.nndkp.ro/seminarii-nndkp/seminar-nndkp-noutati-fiscale-de-interes-pentru-2024-7-decembrie-2023/thank-you/) - [Thank you - Protectia datelor din Perspectiva CJUE. La ce trebuie sa fie atente companiile?](https://www.nndkp.ro/seminarii-nndkp/thank-you/) - [NNDKP Legal & Tax SPACE - Employment SpotON 2023](https://www.nndkp.ro/seminarii-nndkp/nndkp-legal-tax-space-employment-spoton-2023/) - [Thank you - NNDKP Legal & Tax SPACE - Employment SpotON 2023](https://www.nndkp.ro/seminarii-nndkp/nndkp-legal-tax-space-employment-spoton-2023/nndkp-legal-tax-space-employment-spoton-2023/) - [Thank you - Seminar NNDKP & TPS, Cluj-Napoca: Preturi de Transfer, 30 octombrie 2023](https://www.nndkp.ro/seminarii-nndkp/seminar-nndkp-tps-cluj-napoca-preturi-de-transfer-30-octombrie-2023/seminar-nndkp-tps-cluj-napoca-preturi-de-transfer-30-octombrie-2023/) - [Seminar NNDKP & TPS, Cluj-Napoca: Preturi de Transfer, 30 octombrie 2023](https://www.nndkp.ro/seminarii-nndkp/seminar-nndkp-tps-cluj-napoca-preturi-de-transfer-30-octombrie-2023/) - [Gaming](https://www.nndkp.ro/what-we-do/industries/gaming/) - [Employment 2023](https://www.nndkp.ro/what-we-do/legal-counseling/employment-2023/) - [Thank you! NNDKP Legal & Tax SPACE - Webinar - Legea avertizorilor de integritate a fost adoptată. Priorități pentru anul 2023](https://www.nndkp.ro/seminarii-nndkp/webinar-legea-avertizorilor-de-integritate-a-fost-adoptata-prioritati-pentru-anul-2023/webinar-legea-avertizorilor-de-integritate-a-fost-adoptata-prioritati-pentru-anul-2023/) - [Join us cu meniu social](https://www.nndkp.ro/join-us-cu-meniu-social/) - Throughout the year, we select lawyers for different practice areas, both in Bucharest and in our regional offices in Timisoara, Cluj-Napoca or Brasov, across various levels of experience. We are always interested in meeting candidates with outstanding legal expertise, excellent legal writing skills, motivation and pro-active attitude. Join us. 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With this in mind, NNDKP is currently operating through four offices: Bucharest (its headquarters), Timisoara (since 2004), Brasov (since 2007) and Cluj-Napoca (since - [Consumer Protection](https://www.nndkp.ro/what-we-do/legal-counseling/consumer-protection/) - [Intellectual Property Affiliations](https://www.nndkp.ro/who-we-are/a-global-mindset/ip-affiliations/) - [Privacy Policy](https://www.nndkp.ro/privacy-3/) - Last Updated: April 2019 Your privacy is one of our fundamental commitments at NNDKP Societate Civila de Avocati, NNDKP Consultanta Fiscala SRL,NNDKP IP SRL and Legal Play SRL (together referred to as "NNDKP" or "we"). Therefore, we take outmost care to process your personal data in accordance with the principles set forth in the data - [Emanuel Bondalici](https://www.nndkp.ro/who-we-are/our-team/emanuel-bondalici/) - [Olguta Lazar](https://www.nndkp.ro/who-we-are/our-team/olguta-lazar/) - [Thank you - Seminar NNDKP](https://www.nndkp.ro/seminar-26-02-2019/thank-you-seminar-nndkp-022019/) - [Seminar NNDKP](https://www.nndkp.ro/seminar-26-02-2019/) - [Thank you - Seminar NNDKP](https://www.nndkp.ro/seminarii-nndkp/thank-you-seminar-nndkp/) - [Evolution](https://www.nndkp.ro/who-we-are/looking-back/) - Benchmarks in the firm's evolution - [Seminar NNDKP](https://www.nndkp.ro/seminar-nndkp-registration-form/) - [Contact thank you](https://www.nndkp.ro/contact/contact-thank-you/) - Get in touch today - [Legal, Tax & IP Updates - Newsletter Unsubscribe](https://www.nndkp.ro/publications-insights/legal-tax-updates-newsletter-unsubscribe/) - You have unsubscribed from NNDKP's communications. We're sorry that you're no longer interested in our newsletter community, however, if you have unsubscribed by error, please renews your consent to receive NNDKP communications by using this link or by writing to us at privacy@nndkp.ro - [Patricia Avramescu](https://www.nndkp.ro/who-we-are/our-team/patricia-avramescu/) - [Adina Socoliu](https://www.nndkp.ro/who-we-are/our-team/adina-nedelcu/) - [Casian Cioba](https://www.nndkp.ro/who-we-are/our-team/casian-cioba/) - [Alexandra Voicu](https://www.nndkp.ro/who-we-are/our-team/alexandra-voicu-3/) - [Irina Vasile](https://www.nndkp.ro/who-we-are/our-team/irina-garlasu/) - [Producatori](https://www.nndkp.ro/research-copyright/producatori/) - [Organisme](https://www.nndkp.ro/research-copyright/organisme/) - [O.R.D.A](https://www.nndkp.ro/research-copyright/orda/) - [Artisti](https://www.nndkp.ro/research-copyright/artisti/) - [Research copyright - thank you](https://www.nndkp.ro/research-copyright/research-copyright-thank-you/) - [Research copyright](https://www.nndkp.ro/research-copyright/) - [Alexandra Enache](https://www.nndkp.ro/who-we-are/our-team/alexandra-enache/) - [Invite NNDKP](https://www.nndkp.ro/invite-nndkp/) - [Mihai Sutru](https://www.nndkp.ro/who-we-are/our-team/mihai-sutru/) - [Edgar Jakab](https://www.nndkp.ro/who-we-are/our-team/edgar-jakab/) - [Accolades](https://www.nndkp.ro/news/accolades/) - Accolades, Awards and Rankings - [Industry expertise](https://www.nndkp.ro/what-we-do/industries/) - Agribusiness, Automotive, Defense, Financial Sector, Hospitality, Travel and Leisure,Industrial andManufacturing, Infrastructure and Transport, Retail and Consumer Goods, Technology - [Alexandra Vacaru](https://www.nndkp.ro/who-we-are/our-team/alexandra-vacaru/) - [Daniela Gontea](https://www.nndkp.ro/who-we-are/our-team/daniela-gontea/) - [Jasmine Oancea](https://www.nndkp.ro/who-we-are/our-team/jasmine-oancea/) - [Ioana Petrescu](https://www.nndkp.ro/who-we-are/our-team/ioana-petrescu/) - [Raluca Serban](https://www.nndkp.ro/who-we-are/our-team/raluca-serban/) - [Madalina Badescu](https://www.nndkp.ro/who-we-are/our-team/madalina-badescu/) - [Defense](https://www.nndkp.ro/what-we-do/legal-counseling/defense-2/) - [Pharmaceuticals and Healthcare](https://www.nndkp.ro/what-we-do/industries/pharmaceutical-healthcare/) - [Gabriela Danila](https://www.nndkp.ro/who-we-are/our-team/gabriela-danila/) - [Razvan Olaru](https://www.nndkp.ro/who-we-are/our-team/razvan-olaru/) - [Ovidiu Balaceanu](https://www.nndkp.ro/who-we-are/our-team/ovidiu-balaceanu/) - [Defense](https://www.nndkp.ro/what-we-do/legal-counseling/defense/) - [Mentorship](https://www.nndkp.ro/mentorship/) - Inspiring young talent In an era where the legal market has undergone continuous development, we could not have built this firm without the guidance of our mentors. Their role is of such importance that we embarked from the very beginning on a crucial and challenging task: to permanently contribute to the development of the legal - [Cristina Tudose](https://www.nndkp.ro/who-we-are/our-team/cristina-tudose/) - [Mircea Tudose](https://www.nndkp.ro/who-we-are/our-team/mircea-tudose/) - [Vlad Podoleanu](https://www.nndkp.ro/who-we-are/our-team/vlad-podoleanu/) - [Radu Chiran](https://www.nndkp.ro/who-we-are/our-team/radu-chiran/) - [Paula Corozel](https://www.nndkp.ro/who-we-are/our-team/paula-corozel/) - [Ioana Cristea](https://www.nndkp.ro/who-we-are/our-team/ioana-cristea/) - [Real estate and construction](https://www.nndkp.ro/what-we-do/industries/real-estate/) - [Insurance](https://www.nndkp.ro/what-we-do/industries/insurance/) - [Energy and Natural Resources](https://www.nndkp.ro/what-we-do/industries/energy/) - [Tax Compliance](https://www.nndkp.ro/what-we-do/tax-advisory-services/tax-compliance/) - [Investment Tax Structuring and Tax Planning](https://www.nndkp.ro/what-we-do/tax-advisory-services/investment-tax-structuring-and-tax-planning/) - [Transfer Pricing Services](https://www.nndkp.ro/what-we-do/tax-advisory-services/transfer-pricing-services/) - [Transaction Tax Advice](https://www.nndkp.ro/what-we-do/tax-advisory-services/transactional/) - [Restructuring Tax Advice](https://www.nndkp.ro/what-we-do/tax-advisory-services/restructuring-tax-advice/) - [Tax Litigation](https://www.nndkp.ro/what-we-do/tax-advisory-services/tax-litigation/) - [Tax Diagnosis](https://www.nndkp.ro/what-we-do/tax-advisory-services/tax-diagnosis/) - [Design of Tax Procedures](https://www.nndkp.ro/what-we-do/tax-advisory-services/design-of-tax-procedures/) - [Customized Training](https://www.nndkp.ro/what-we-do/tax-advisory-services/customized-training/) - [Assistance in Dealing with Tax Authorities](https://www.nndkp.ro/what-we-do/tax-advisory-services/assistance-in-dealing-with-tax-authorities/) - [Agency and Representation](https://www.nndkp.ro/what-we-do/tax-advisory-services/agency-and-representation/) - [Our Team](https://www.nndkp.ro/who-we-are/our-team/) - [Tax Due Diligence](https://www.nndkp.ro/what-we-do/tax-advisory-services/tax-due-diligence/) - [News](https://www.nndkp.ro/news/) - [News](https://www.nndkp.ro/news/) - [Sitemap](https://www.nndkp.ro/sitemap/) - [Icons](https://www.nndkp.ro/icons/) - [Publications & Insights](https://www.nndkp.ro/publications-insights/) - Articles Doing Business in Romania Events Legal & Tax Updates Thinking Forward - [What We Do](https://www.nndkp.ro/what-we-do/) - First rate legal advice Our team shares a commitment to excellence reflected in every attorney’s understanding that the practice of business law requires, in Romania as worldwide, extensive knowledge, remarkable skills, legal insight and unwavering responsiveness. Our lawyers regularly advise high-caliber, multinational companies, financial corporations and public institutions, while being involved in some of the - [Press Room](https://www.nndkp.ro/news/press-room/) - [Who We Are](https://www.nndkp.ro/who-we-are/) - lorem ipsum ## Portfolios - [Hello San Francisco](https://www.nndkp.ro/portfolio/hello-san-francisco/) - Aristotle made several efforts to explain how moral conduct contributes to the good life for human agents, including the Eqikh EudaimonhV and the Magna Moralia, but the most complete surviving statement of his views on morality occurs in the Eqikh Nikomacoi. But on Aristotle’s view, the lives of individual human beings are invariably linked together - [Welcome to GOV.UK](https://www.nndkp.ro/portfolio/floral-beautiful-bouquet/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [The Amazing Attorney - Adventures in Arbonne](https://www.nndkp.ro/portfolio/the-amazing-attorney-adventures-in-arbonne/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [Yes, we eat healthy!](https://www.nndkp.ro/portfolio/yes-we-eat-healthy/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [In our gym](https://www.nndkp.ro/portfolio/in-our-gym/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [Monthly Fun Activities at Office!](https://www.nndkp.ro/portfolio/monthly-fun-activities-at-office/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [Meeting the Needs of Clients](https://www.nndkp.ro/portfolio/meeting-the-needs-of-clients/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [What makes you qualified?](https://www.nndkp.ro/portfolio/what-makes-you-qualified/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [Brad – The Cycling Lawyer](https://www.nndkp.ro/portfolio/brad-the-cycling-lawyer/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [A Flow State in Own Your Tomorrow](https://www.nndkp.ro/portfolio/my-must-haves/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [My desk on friday](https://www.nndkp.ro/portfolio/my-desk-on-friday/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [Working on the new case](https://www.nndkp.ro/portfolio/working-on-the-new-case/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [Our library is great treasure](https://www.nndkp.ro/portfolio/our-library-is-great-treasure/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually - [The Rapha Continental: Assynt](https://www.nndkp.ro/portfolio/bicycle-movie/) - Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually ## Categories - [Articles](https://www.nndkp.ro/category/articles/) - [News](https://www.nndkp.ro/category/news/) - [Accolades](https://www.nndkp.ro/category/accolades/) - [Events](https://www.nndkp.ro/category/events/) - [Z-Featured](https://www.nndkp.ro/category/z-featured/) - [Legal & Tax Updates](https://www.nndkp.ro/category/legal-tax-updates/) - [Intellectual Property](https://www.nndkp.ro/category/legal-tax-updates/intellectual-property/) - [Employment](https://www.nndkp.ro/category/legal-tax-updates/employment/) - [Financial Services](https://www.nndkp.ro/category/legal-tax-updates/financial-services/) - [Infrastructure and PPP](https://www.nndkp.ro/category/legal-tax-updates/infrastructure-and-ppp/) - [Public Procurement](https://www.nndkp.ro/category/legal-tax-updates/public-procurement/) - [Real Estate](https://www.nndkp.ro/category/legal-tax-updates/real-estate/) - [Telecommunications](https://www.nndkp.ro/category/legal-tax-updates/telecommunications/) - [Tax Flash](https://www.nndkp.ro/category/legal-tax-updates/tax-flash/) - [Data Protection](https://www.nndkp.ro/category/legal-tax-updates/data-protection/) - [M&A News](https://www.nndkp.ro/category/legal-tax-updates/ma-news/) - [Corporate](https://www.nndkp.ro/category/legal-tax-updates/corporate/) - [Environment](https://www.nndkp.ro/category/legal-tax-updates/environment/) - [Transport](https://www.nndkp.ro/category/legal-tax-updates/transport/) - [Energy and Natural Resources](https://www.nndkp.ro/category/legal-tax-updates/energy-and-natural-resources/) ## Tags - [Adina Chilim-Dumitriu](https://www.nndkp.ro/tag/adina-chilim-dumitriu/) - [Ion Nestor](https://www.nndkp.ro/tag/ion-nestor/) - [Lex Mundi](https://www.nndkp.ro/tag/lex-mundi/) - [Ana Diculescu-Sova](https://www.nndkp.ro/tag/ana-diculescu-sova/) - [Irina Melecciu](https://www.nndkp.ro/tag/irina-melecciu/) - [Georgeta Dinu](https://www.nndkp.ro/tag/georgeta-dinu/) - [Sorina Olaru](https://www.nndkp.ro/tag/sorina-olaru/) - [Adina Badarau](https://www.nndkp.ro/tag/adina-badarau/) - [Alina Vizitiu](https://www.nndkp.ro/tag/alina-vizitiu/) - [Simona Neagu](https://www.nndkp.ro/tag/simona-neagu/) - [Emil Bivolaru](https://www.nndkp.ro/tag/emil-bivolaru/) - [Ana Maria Baciu](https://www.nndkp.ro/tag/ana-maria-baciu/) - [Ruxandra Bologa](https://www.nndkp.ro/tag/ruxandra-bologa/) - [Cosmina Simion](https://www.nndkp.ro/tag/cosmina-simion/) - [Valentin Voinescu](https://www.nndkp.ro/tag/valentin-voinescu/) - [Manuela Nestor](https://www.nndkp.ro/tag/manuela-nestor/) - [Peggy Suica-Neagu](https://www.nndkp.ro/tag/peggy-suica-neagu/) - [Roxana Abrasu](https://www.nndkp.ro/tag/roxana-abrasu/) - [Monia Hantig](https://www.nndkp.ro/tag/monia-hantig/) - [Madalina Panca](https://www.nndkp.ro/tag/madalina-panca/) - [Silviu Badescu](https://www.nndkp.ro/tag/silviu-badescu/) - [Lucian Barbu](https://www.nndkp.ro/tag/lucian-barbu/) - [Simona Enescu](https://www.nndkp.ro/tag/simona-enescu/) - [Marius Ionescu](https://www.nndkp.ro/tag/marius-ionescu/) - [Alina Timofti](https://www.nndkp.ro/tag/alina-timofti/) - [Roxana Ionescu](https://www.nndkp.ro/tag/roxana-ionescu/) - [Diana Ispas](https://www.nndkp.ro/tag/diana-ispas/) - [Mihaela Grigore](https://www.nndkp.ro/tag/mihaela-grigore/) - [Georgeta Harapcea](https://www.nndkp.ro/tag/georgeta-harapcea/) - [Mirela Gabriela Preda](https://www.nndkp.ro/tag/mirela-gabriela-preda/) - [Catalin Radbata](https://www.nndkp.ro/tag/catalin-radbata/) - [Lucian Vitelaru](https://www.nndkp.ro/tag/lucian-vitelaru/) - [Radu Tufescu](https://www.nndkp.ro/tag/radu-tufescu/) - [Marius Stefana](https://www.nndkp.ro/tag/marius-stefana/) - [Gabriela Cacerea](https://www.nndkp.ro/tag/gabriela-cacerea/) - [Luminita Dima](https://www.nndkp.ro/tag/luminita-dima/) - [Cristina Bidiga](https://www.nndkp.ro/tag/cristina-bidiga/) - [Cristian Militaru](https://www.nndkp.ro/tag/cristian-militaru/) - [Alina Radu](https://www.nndkp.ro/tag/alina-radu/) - [Corporate/M&A](https://www.nndkp.ro/tag/corporate-m-a/) - [Energy and Natural Resources](https://www.nndkp.ro/tag/energy-and-natural-resources/) - [Public Procurement](https://www.nndkp.ro/tag/public-procurement/) - [Commercial Contracts](https://www.nndkp.ro/tag/commercial-contracts/) - [IT Electronic Communications and Media](https://www.nndkp.ro/tag/it-electronic-communications-and-media/) - [Dispute Resolution](https://www.nndkp.ro/tag/dispute-resolution/) - [Associate](https://www.nndkp.ro/tag/associate/) - [Tax advisory services](https://www.nndkp.ro/tag/tax-advisory-services/) - [Intellectual Property](https://www.nndkp.ro/tag/intellectual-property/) - [Brasov](https://www.nndkp.ro/tag/brasov/) - [Senior Associate](https://www.nndkp.ro/tag/senior-associate/) - [Senior Partner](https://www.nndkp.ro/tag/senior-partner/) - [Infrastructure and PPP](https://www.nndkp.ro/tag/infrastructure-and-ppp/) - [Immigration](https://www.nndkp.ro/tag/immigration/) - [Partner](https://www.nndkp.ro/tag/partner/) - [Consumer Protection](https://www.nndkp.ro/tag/consumer-protection/) - [Senior Tax Advisor](https://www.nndkp.ro/tag/senior-tax-advisor/) - [Employment](https://www.nndkp.ro/tag/employment/) - [Corporate Filing](https://www.nndkp.ro/tag/corporate-filing/) - [Managing Associate](https://www.nndkp.ro/tag/managing-associate/) - [Cluj](https://www.nndkp.ro/tag/cluj/) - [Gaming](https://www.nndkp.ro/tag/gaming/) - [Senior Tax Manager](https://www.nndkp.ro/tag/senior-tax-manager/) - [Timisoara](https://www.nndkp.ro/tag/timisoara/) - [Capital Markets](https://www.nndkp.ro/tag/capital-markets/) - [Insurance](https://www.nndkp.ro/tag/insurance/) - [Competition](https://www.nndkp.ro/tag/competition/) - [Environment](https://www.nndkp.ro/tag/environment/) - [Real estate](https://www.nndkp.ro/tag/real-estate/) - [Tax Director](https://www.nndkp.ro/tag/tax-director/) - [State aid](https://www.nndkp.ro/tag/state-aid/) - [Banking and Finance](https://www.nndkp.ro/tag/banking-and-finance/) - [Managing Partner](https://www.nndkp.ro/tag/managing-partner/) - [Data protection and privacy](https://www.nndkp.ro/tag/data-protection-and-privacy/) - [Adriana Gaspar](https://www.nndkp.ro/tag/adriana-gaspar/) - [Andreea Bende](https://www.nndkp.ro/tag/andreea-bende/) - [Consultant](https://www.nndkp.ro/tag/consultant/) - [Oana Albu](https://www.nndkp.ro/tag/oana-albu/) - [Delia Paceagiu](https://www.nndkp.ro/tag/delia-paceagiu/) - [Alexandra Patrascu](https://www.nndkp.ro/tag/alexandra-patrascu/) - [Adina Vizoli](https://www.nndkp.ro/tag/adina-vizoli/) - [Mihaela Ioja](https://www.nndkp.ro/tag/mihaela-ioja/) - [Valeriu Mina](https://www.nndkp.ro/tag/valeriu-mina/) - [Daniela Gramaticescu](https://www.nndkp.ro/tag/daniela-gramaticescu/) - [Marius Ezer](https://www.nndkp.ro/tag/marius-ezer/) - [Vlad Tanase](https://www.nndkp.ro/tag/vlad-tanase/) - [Sorin Mociofan](https://www.nndkp.ro/tag/sorin-mociofan/) - [Eva Forika](https://www.nndkp.ro/tag/eva-forika/) - [Anca Toma](https://www.nndkp.ro/tag/anca-toma/) - [Oana Partenie](https://www.nndkp.ro/tag/oana-partenie/) - [Razvan Nanescu](https://www.nndkp.ro/tag/razvan-nanescu/) - [Ioana Niculeasa](https://www.nndkp.ro/tag/ioana-niculeasa/) - 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