New Guidelines from the Romanian Competition Council on the Approval of Direct Investments
Most foreign direct investments (FDI) in Romania are subject to prior approval before being carried out. We have reported on this before, as well as on the broad scope of affected investments. The legal framework has undergone several recent amendments. Most recently, on July 22, 2025, the Romanian Competition Council (Consiliul Concurenței) issued guidelines for the interpretation and application of Article 3(5) of Emergency Ordinance No. 46/2022 (EGO 46). These guidelines were approved by Order No. 2,112/2025 and published in the Official Gazette (Monitorul Oficial) No. 707 of July 30, 2025. EGO 46 governs the legal framework for the screening and approval of foreign direct investments (FDI) in Romania. The aim of the new guidelines is to clarify interpretation issues arising in practice and to ensure consistent application of legal provisions. What should investors know?
The Classification of Occupations in Romania (COR) and Its Practical Significance
The “Clasificarea Ocupațiilor din România” (COR) is Romania’s official national system for the classification of occupations in the labor market. It assigns a six-digit code to each job title. This system serves as a key point of reference for employers, HR service providers, and authorities, supporting the uniform collection of labor market data.
Health Insurance for Family Members and New Sick Leave Regulations as of August 2025
On July 28, 2025, Law 141/2025 regarding "certain fiscal and budgetary measures" (the "Law") enters into force. Among other things, this law introduces new regulations regarding health insurance contributions in Romania. The law changes the system in such a way that many individuals who were previously covered under health insurance free of charge will now be required to contribute 10% of their income—either through their own contributions or through voluntary co-insurance by an insured person. This applies, for example, to individuals on parental leave, recipients of unemployment or other social benefits, recipients of minimum income for social integration, church and monastery personnel, war veterans, participants in the revolution, etc.—which also makes it relevant for employers.
Cybersecurity in Romania: New obligations for companies
Emergency Ordinance 155/2024 establishing a framework for the cybersecurity of networks and information systems in the civilian national cyberspace (“EO 155”) was adopted at the end of last year and came into force on December 31. The basics can be found in our last report:
„Preventive Settlement" (concordat preventiv) for avoiding insolvency
Insolvency proceedings are natural part of a functioning free market economy, even if they are often associated with considerable disadvantages for those affected. However, there are situations where institutional support for the debtor is necessary to effectively avert insolvency. For such cases, Romanian law provides for the instrument of the "preventive settlement" (rum. Concordat Preventiv), which is frequently used in practice.
Government austerity package with tax implications
The new Romanian ruling coalition, composed of pro-European parties, has decided to take responsibility before Parliament for a draft law (the “Draft”) concerning a series of fiscal and budgetary measures. The declared aim is to reduce the budget deficit and prevent the country's credit rating from being downgraded by international agencies.
Omnibus and the future of ESG reports
After several years of preparation for the EU Corporate Sustainability Reporting Directive (CSRD), and shortly after it came fully into force, the European Commission hit the panic button in February 2025 and released the so-called Omnibus Package. While intended to simplify the reporting process, this package also introduced uncertainty for long-term business planning and could potentially undermine the objectives of the Green Deal.
Court hearings in Romania soon to be held via video conference?
For some time now, many lawyers - and presumably judges as well - have been hoping for a more efficient and faster way to conduct court proceedings. On June 11, 2025, the Romanian Senate tacitly adopted a draft law[1] allowing certain civil court hearings to be held via video conference The idea is not entirely new - during the COVID pandemic, court hearings were temporarily allowed to be held via video conference[2] but the proposal now aims to implement this permanently in specific cases.
Simplified assertion of claims up to approx. EUR 10,000 in Romania
On May 15, 2025, Law No. 57/2025 amending Art. 1026 (1) of the Code of Civil Procedure (hereinafter “CCP”) entered into force. It changes the procedure for so-called “low-value claims”, simplifying the judicial assertion of certain claims up to RON 50,000.
Transfer price documentation - key practical topics
Transfer price is an important - and often the sole - subject of tax audits in Romania. Adjustments, as well as associated fines and late payment penalties resulting from audits, usually have a significant impact on a company's cash flow.