Latest legal changes brought to the Fiscal Code in Romania
The Romanian Fiscal Code was amended by Government Ordinance 16/2022 published on 15 July 2022. Some of the amendments proposed shall enter into force in 2022, while the majority of the amendments to the Fiscal Code shall enter into force in January 2023. PETERKA & PARTNERS Romania has prepared a leaflet which summarizes the most […]
PETERKA & PARTNERS ranked by IFLR 1000 in five offices
We are happy to be recognised by the prestigious IFLR 1000 ranking in M&A category.We have been ranked in the Czech Republic, Poland, Slovakia, Bulgaria and Romania. Congratulations to our M&A team! We are grateful for the support of our clients.
Amendments to land law set framework for faster development of renewable Energy projects in Romania
The Romanian office has prepared a material dedicated to the latest amendments to land law set framework for faster development of renewable Energy projects in Romania. We would like to draw the attention on the fact that Law no. 254/20.07.2022 On the Amendment and Completion of Land Law no. 18/1991 and On the Amendment of […]
Our Romanian office releases a quick guide for setting up and running E-commerce platforms in Romania
E-commerce has seen an increase in the last three years, becoming one of the fastest growing sectors in the Romanian economy. According to recent statistics, the Romanian e-commerce market increased by over 30% in 2020, exceeding EUR 5 billion, which is huge considering that in 2013 the market value was only EUR 600 million. In […]
PETERKA & PARTNERS Romania becomes member of CCIpR, the Italian Chamber of Commerce in Romania
Our Bucharest office is pleased to announce that has recently extended its cooperation with foreign chambers of commerce present in Romania, by joining CCIpR, the Italian Chamber of Commerce in Romania. CCipR is one of the foreign chambers of commerce with long- lasting activity in Romania and its primary objective is the promotion of bilateral […]
PETERKA&PARTNERS Bulgaria advised a global capital goods company specializing in equipment and services for agriculture and construction with respect to a template agreement
PETERKA&PARTNERS Bulgaria advised a global capital goods company specializing in equipment and services for agriculture and construction with respect to a template agreement to be signed with local dealers governing the conditions for use by the dealers of client’s platform for online sales of genuine spare parts within the aftermarket services provided to the customers. […]
Romanian companies to face forthcoming ESG rules for corporate sustainability
PETERKA & PARTNERS Romania brings into your attention important information regarding the ESG rules for corporate sustainability. The Environmental, Social and Governance (ESG) rules were first imposed through EU Directive 95/2014 NFRD (Non-Financial Reporting Directive – NFRD) and set out the core criteria for evaluating corporate behaviour and screening potential investments. In Romania, the European […]
The term to submit financing applications from the P.N.R.R. for renewable energy projects has been extended, from 31.05.2022 to 15.06.2022
On the website of the Ministry of Energy http://energie.gov.ro, was published Order of the Minister of Energy no. 507/ 24.05.2022 (“Order 507”) for the amendment of the Specific Guideline – Special Requirements to access financing from European funds allocated to the P.N.R.R. related to Investment Measure I.1 within Component C.6 Energy – Pillar I (“Specific […]
Investors can access Romania’s quota from EU modernization fund for investments to modernize efficiency of energy systems and improve energy efficiency
On 4 May 2022, the Romanian Government adopted Emergency Ordinance no. 60/2022 (EGO 60/2022) on establishing the institutional and financial framework for the implementation and management of the funds allocated to Romania through the Modernization Fund, as well as for the modification and completion of some normative acts (published in the Official Gazette no. 459 […]
PETERKA & PARTNERS strengthens Romanian team and global Real Estate and Energy practices by recruiting expert Dan Ciupala
PETERKA & PARTNERS has strengthened its Romanian team by recruiting expert Dan Ciupala, well-known on the Romanian market and the CEE region especially for his extensive Real Estate experience. Dan, whose wide expertise includes Energy amongst his main focus areas, has more than 20 years of experience in various top international law firms and was […]