Consumer protection authorities are on high alert: Companies under intense scrutiny on pricing issues As consumer demand for various products increases, fueled by the Coronavirus outbreak, so could prices. The National Authority for Consumer Protection stressed that they are closely monitoring the Romanian market and that they created special teams to prevent any actions that…
Details1. Urgent legal measures requiring enforcement in the construction field Having in view the constraints and economic implications expected to affect the construction field as a result of the current COVID-19 pandemic crisis, the Employers’ Federation of Building Companies – FPSC – has requested the Romanian Government to undertake urgent legal measures for the benefit…
DetailsCORONAVIRUS: CERTIFICATES REGARDING THE STATE OF EMERGENCY. HOW CAN COMPANIES OBTAIN THEM? In these unprecedented, difficult times, the Romanian Government and businesses are working together to address the economic challenges of the strict containment restrictions put in place to limit the spread of the Coronavirus. As part of the Government plan, the Ministry of…
DetailsCoronavirus: Government aids small and medium enterprises (SMEs) with multiannual program According to the Government Emergency Ordinance no. 29/2020 regarding certain economic and fiscal-budgetary measures, the Ministry of Public Finance will implement a multi-annual program for supporting the SMEs in order to mitigate the effects of the COVID – 19 spread, by guaranteeing loans and…
DetailsIn the context of the crisis generated by the COVID-19 global widespread, the European Data Protection Board (EDPB) has published a Statement on the processing of personal data in the context of the COVID-19 outbreak, which may be accessed here. The main guidelines the Board established refer to the following aspects: data controllers shall continue…
DetailsSorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. Activitatea multor operatori economici este afectată în contextul pandemiei SARS-CoV-2. Conform prevederilor unei noi Hotarari de Guvern, acestora li se pot elibera,…
DetailsSorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. București, 12 martie 2020 Dată fiind rapiditatea răspândirii virusului COVID-19 inclusiv în România, este important ca profesioniștii locali să aibă în vedere…
DetailsLeading Romanian law firm Mușat & Asociații acted as legal counsel to the European Bank for Reconstruction and Development (EBRD) on a Euro 16 million facility granted to TeraPlast Group, one of the leading Romanian producers of materials for installation, construction and design markets. The senior loans granted by EBRD will finance the implementation of…
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