Long-term power purchase agreements (PPA) with renewable energy generators under Romanian Energy Law
PETERKA & PARTNERS Romania is bringing into your attention an interesting topic connected to the dynamic Energy sector. The legal article prepared by Dan Ciupala, Leader of Energy Practice within our law firm, focuses on a presentation of the specific issues related to the sale of the electricity generated from renewable sources through market-based long-term […]
The fragile balance within ESG
Following our previous newsletters introducing the new ESG rules, we will now consider the fragile balance between two critical pillars of ESG, the environmental policies (the “E” pillar), and the social and labour policies (the “S” pillar). The ESG revolution is a challenging topic for all industries and we would like to present some interesting […]
New Publicity Rules for Granted Building Permits
Law 102/2023 for the amendment and completion of Law no. 50/1991 regarding the authorization of construction work, of the Administrative Litigation Law no. 554/2004, as well as for completing Art. 64 of Law no. 350/2001 regarding territorial development and urban planning (“Law 102/2023”) was published in the Official Gazette on 18 April 2023, and entered […]
PETERKA & PARTNERS Romania, a proud speaker at the business breakfast and seminar “Masterminds in action” organized by The Netherlands Romanian Chamber of Commerce (NRCC)
We are pleased to announce our participation as a speaker at the upcoming business breakfast seminar “Masterminds in action”, organized by NRCC in Bucharest on May 11, at 8:30 a.m., at the InterContinental Athénée Palace Bucharest. Ioana Sebestin – Nazaru, Deputy Director for Romania, will be proud to speak on behalf of PETERKA & PARTNERS […]
Amendment to law on protection of whistle-blowers
Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union law was transposed by Law 361/2022 on the protection of whistle-blowers (“Law 361/2022”). Law 361/2022 came into force at the end of December 2022, and it provides for: (i) a […]
Important legislative update which clarifies several aspects connected to the development of renewable energy projects in Romania
Law 21/2023 amending Construction Law no. 50/1991 (“Law 21/2023”) was published in the Official Gazette on 10 January 2023, and entered into force on 13 January 2023. This important legislative update aims to correct inadvertencies between two previous amendments to Construction Law no. 50/1991 in relation to the permitting process for renewable energy projects created […]
Widely-discussed new ESG rules for corporate sustainability reporting finally enter into force in Romania
As of 5 January 2023, the ambitious new rules of the Corporate Sustainability Reporting Directive (CSRD) entered into force. Its aims are to replace its predecessor, the Non-Financial Reporting Directive (NFRD), and to introduce more detailed reporting requirements than ever. The new Directive (EU) 2022/2464 strengthens the transparency and accountability rules compelling companies to disclose […]
PETERKA & PARTNERS expert takes part in “How to set up business in Romania” webinar
On 19 January 2023, PETERKA & PARTNERS, added its expertise to a webinar titled: “How to set up business in Romania”. The on-line event, hosted by Taxology and co-organized by PAIH, eMag, and Taxology was the fourth webinar in the “How to set up a business in…” series of events hosted by Urszula Fijałkowska and […]
New Social Dialogue Law – Significant changes refashion Romanian labour market
On 22 December 2022 was published in the Romanian Official Gazette the Law no. 367/2022 on social dialogue which entered into force on 25 December 2022. Law no. 367/2022 repealed the Law no. 62/2011 which regulated social dialogue in Romania. At the same time, Law no. 367/2022 brought about significant changes, which employers will have […]
Latest legal insights concerning the Romanian Labour Law
On 9 December 2022, Order no. 2171/2022 for the approval of the framework template of the individual labour agreement issued by the Ministry of Labour and Social Solidarity (“Order 2171/2022”) was published in the Romanian Official Gazette, Part I and came into force on the same day. Order 2171/2022 repealed Order no. 64/2003 for the […]