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KPMG Romania confirms re-appointment of Serban Toader as National Chairman for a second mandate

Serban Toader has been re-appointed Senior Partner of KPMG in Romania and Moldova for a second mandate. Toader was first appointed as Senior Partner in 2007.

18 May 2011 | Continued
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Stratula Mocanu & Asociatii: new recognition from Chambers Europe 2011

Stratula Mocanu & Asociatii is recommended by the very prestigious Chambers Europe 2011 guide among the top 10 Dispute Resolution law firms in Romania, as well as among the top 10 Restructuring/Insolvency law firms in Romania.

13 May 2011 | Continued
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Growth in global construction to outpace world GDP growth over next 10 years

Romania to contribute by 22 bln. USD to global construction output growth by 2020, the fourth largest contribution in the Central and Eastern Europe, after Russia (117 bln.), Turkey (81 bln.) and Poland (51 bln.), but ahead of the Czech Republic, Bulgaria, Ukraine and Hungary.

12 May 2011 | Continued
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When you cannot invoke the EU citizenship

Court of Justice of the European Union has decided in the case Shirley McCarthy v. Secretary of State for the Home Department
that the EU citizens who have never exercised their right of free movement cannot invoke Union citizenship to regularise the residence of their non-EU spouse.

6 May 2011 | Continued
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Romanian Govt Sets New University Hiring Rules

The Romanian Government decided Wednesday that contests for university teacher positions will be open to the public and candidates for professor positions will be evaluated by a commission that must include a foreign professor.

5 May 2011 | Continued
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Romanian Senate Adopts Bill Cutting Income Tax To 13% For Pensions, Wages

The Romanian Senate on Wednesday adopted with 50 to 36 votes and two abstentions a bill reducing the income tax to 13% from 16% for pensions and salaries.

5 May 2011 | Continued
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Romanian Senate Approves New Car Tax Formula

Romania’s Senate on Wednesday approved a bill setting a new formula for the calculation of the car tax, which takes into account the vehicle’s value according to brand, type and engine.

5 May 2011 | Continued
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Romanian Constitutional Court Clears Social Dialog Code, Law Capping Teachers’ Wages

The Romanian Constitutional Court on Wednesday ruled the Social Dialog Code and the law capping teachers’ salaries in 2011 are constitutional.

5 May 2011 | Continued
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PwC: Power deals, up 19% from 2009 levels

The global power deal market is finally seeing an upward trend in momentum from the lows reached in 2009. Total deal value in the non-renewable electricity and gas sectors is up 19% year on year from US$98bn to US$116bn in 2010 – a year which also saw an end to the deal stalemate in the US with a renewed deal flow that looks set to continue this year.

3 May 2011 | Continued
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Territorial Labour Inspectorate’s Offensive: Sustained Controls to Detect Illegal Work

Starting 30 April 2011, Law 40/2011 amending and completing Law 53/2003, regarding the Labour Code, comes into full force and effect.

29 Apr 2011 | Continued
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The new Labour Code is a step forward for a more flexible labour market

The current reform of the Labour Code will bring about a more flexible labour market in Romania, which will improve the country’s competitiveness, thus opening up new opportunities for job creation.

20 Apr 2011 | Continued
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Banking and Finance Law International Summer School – 18th and 29th of July, 2011

ELSA Bucharest proudly presents the 3rd Edition of Banking and Finance Law International Summer School, event which will take place during the 18th and 29th of July, 2011, in Prahova Valley.

19 Apr 2011 | Continued
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Law Is Better Than War – 18th and 29th of July, 2011

ELSA Bucharest proudly presents the 8th edition of Law Is Better Than War – Humanitarian Law Summer School, event which will take place during the 18th and 29th of July, 2011, in Prahova Valley, one of the most beautiful mountainous regions in Romania.

19 Apr 2011 | Continued
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European patent – encouraging research and innovation

The European Commission proposes a patent to protect inventions in 25 EU countries.

19 Apr 2011 | Continued
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MEPs want to make it easier for citizens to access EU documents

EU institutions are not transparent enough, MEPs said during a hearing in the Civil Liberties Committee 13 April. “We need more accessibility to EU documents, it’s one of the core essentials of our democracy,” UK Socialist Michael Cashman said.

19 Apr 2011 | Continued
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The Association of European Competition Law Judges Introduction: the Role and Purpose of the Association

The Association of European Competition Law Judges was created in Luxembourg in September 2002 by a founding group of judges representing each of the then fifteen Member States of the EU.

19 Apr 2011 | Continued
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Last-minute Amendment Regarding Certification of the Annual Tax Return (Form 101)

Monitorul Oficial No. 253/11 April 2011 has published Government Emergency Ordinance No. 35/2011 which establishes measures for the implementation of programmes of public or social interest, the fulfilment of tax obligations and optimal functioning of State institutions, as well as for the unitary application of legal provisions.

14 Apr 2011 | Continued

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