Agrovoltaic: Dual use of agricultural land also for energy production
The time has come: Law No. 254/2022 amending Land Law No. 18/ 1991 ("Amending Law") was published on 21 July. It is intended to allow the construction of renewable energy plants on agricultural land in fertility categories III, IV and V in Romania.
Enforcement of EU enforcement orders in Romania - an overview
Mutual recognition in the area of judicial cooperation in civil matters is one of the fundamental principles on which the EU is built.
Flagship tax amendments in Romania
Flagship tax amendments have been brought by way of Government Ordinance no. 16/2022 which was published on 15.07.2022.
Energy: easements for cable routes, rotor rights, etc.
Securing land rights for the construction of a plant for the generation of electricity from renewable energy sources ("energy plant") is currently uncontroversial:
Significant tax changes as of 1 January 2023 - micro-entities and dividend tax
As mentioned above, the European Commission has approved the Romanian Recovery and Resilience Plan, in which Romania has committed to a number of crucial tax changes.
Labour law: Changes to adapt to EU law are imminent
July is likely to bring changes in the area of individual labour law.
New regulations regarding the grid connection
On June 17th and June 20th, respectively, a package of legal acts was published in the Romanian Official Journal, amending the current legal framework regarding the connection to the electricity grids that are in the public interest. These are Order No. 81/ 15.06.2022 for the amendment and supplementation of the Regulations on Grid Connection and two other orders (Order No. 82 and No. 83/ 2022 respectively) for the amendment and supplementation of the framework contents of the technical grid connection permit (aviz tehnic de racordare) and certificate (certificat de racordare). Among the most important amendments to the grid connection regulations, the following are worth mentioning:
New regulations regarding the grid connection
On June 17th and June 20th, respectively, a package of legal acts was published in the Romanian Official Journal, amending the current legal framework regarding the connection to the electricity grids that are in the public interest.
Bank guarantees: important security instruments in the construction sector
The insolvency of a construction company during the execution of construction work or during the warranty period entails serious consequences for the investors/clients.
Business restructuring options in Romania: Spin offs
As the business environment is constantly changing at a high pace, the investors must be able to make the best-informed decision when it comes to investment or disinvestment decisions.