New EU Regulation for Non-Agricultural Geographical Indications The European Parliament has given its green light to a new regulation designed to safeguard non-agricultural products’ geographical indications1 (the “Regulation”). The new rules on geographical indications are particularly relevant for craft and industrial products manufacturers. I. Background…
Status: Law no. 9/2023 entered into force on 5 July 2023. Purpose: Law No. 9/2023 aims to streamline and digitize the central and local public administration, facilitating a more efficient delivery of public services. The main provisions of Law no. 9/2023 are as follows: the…
The Law no. 222/2023 amending and supplementing the Companies Law no. 31/1990 and Trade Registry Law no. 265/2022 (the “Law no. 222/2023”) was published in the Official Gazette No. 667/20 July 2023 and entered into force on 23 July 2023. I. Main amendments brought by…
The M&A team of the law firm Leroy si Asociatii assisted TEREOS, one of the world’s largest sugar producers, on the takeover of its sugar factory in Ludus, Romania, by two independent Romanian investors. Leroy si Asociatii, with Bruno Leroy – Founding Partner and Andreea Toma – Partner, coordinated…
Law no. 361/2022 is one of the much-awaited legal novelties of the end of 2022. Its objective is to regulate the general framework for the protection of persons who report violations of legislation in certain domains, which occurred or are likely to occur, within public…
As of January 1st 2023, the sanctions for failing to comply with the provisions of the Government Emergency Ordinance no. 41/2022 on the creation of the National System for monitoring the road transport of high fiscal risk goods enter into force. A. Status The Government…
2018 saw the introduction of the Romanian movie production cash rebate system and a subsequent uptick in movie productions seeking to develop in Romania. The ambitiously outlined rebate system seemed quite appealing, initially. However, over the past three years, it failed to live up to…
Although Romania’s history with public-private partnerships (PPPs) spans over two decades, the legal framework in force until 2018 did not attract sufficient private partner interest for the development of such projects. As a result, to date, the number of successful PPPs remains rather low. The…
NEW GOVERNMENT ORDINANCE NO. 18/2022 PERTAINING TO THE AUTHORIZATION AND OPERATION IN ROMANIA OF REPRESENTATIVE OFFICES OF FOREIGN COMPANIES AND ECONOMIC ORGANIZATIONS The Government Ordinance no. 18/2022 pertaining to the authorization and operation in Romania of representative offices of foreign companies and economic organizations (the…
On 26 July 2022, Law No. 265/2022 regarding the trade registry and amending and supplementing other legal instruments applicable to the registration with the trade registry (“Law No. 265/2022”), including the Companies Law No. 31/1990 (“Companies Law”), was published in the Official Gazette No. 750/2022. …
IFLR1000 has published its 2022 rankings and Leroy si Asociatii has maintained a leading position with high rankings in several categories. The firm’s mergers and acquisitions, banking & finance, capital markets and project development practices are all ranked by IFLR1000, having both its partners…
Publication in the Official Gazette of Government Emergency Ordinance no. 46/2022 on measures to implement Regulation (EU) 452/2019 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the examination of foreign direct investment in the Union and for…
With more than 20 years of experience in mergers & acquisitions, banking & finance and projects & infrastructure, Andreea Toma has been awarded the title of IFLR 1000 Women Leaders 2022. Her competence has been recognized by IFLR 1000 for the third year in a…
Decision for the approval of the Norms on the regulation, recognition, approval or acceptance of the procedure for the remote identification of persons via video means Decision no. 564 / 11 November 2021 issued by the Authority for the Digitization of Romania (the “Authority”) approving…
The M&A and Banking & Finance teams within the Leroy și Asociatii law firm assisted EMI, the market leader in the field of integrated solutions and services for industrial access, in the transaction whereby the private equity fund Morphosis Capital Fund I, together with the…
On 30 August 2021, the Government Ordinance no. 3/2021 for the amendment and completion of certain legal enactments in the field of public procurement, published in the Official Gazette of Romania, Part I, no. 821/27 August 2021, entered into force. The amendments brought by…
Gain the breadth of experience you need to emerge as a confident lawyer, by exploring our practice areas, client and international secondments. Our colleague: is in his first year of professional training as a lawyer has advanced communication and writing skills (RO&EN); demonstrates efficiency,…
Leroy si Asociatii assists VINCI Energies, part of the VINCI group, the world leader in concessions, construction and energy, in the acquisition of Frigotehnica, a Bucharest-based provider of refrigeration technology solutions. Leroy si Asociatii’s team consisted of Founding Partner Bruno Leroy, Partner Andreea Toma and…
With more than 20 years of experience in mergers & acquisitions, banking & finance and projects & infrastructure, Andreea Toma is once again recognized by IFLR 1000 WOMEN LEADERS 2021! “Andreea has an impressive track record, being consistently appreciated by clients and peers for…
On 30 April 2021 several amendments1 to the Law no. 129/2019 on the prevention and combating of money laundering and terrorism financing (the “AML Law”) have entered into force. The main amendments to the AML Law include: • the obligation to submit the statement on…