Year-end closing – necessary tasks

While the end of the calendar year is generally associated…


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Who bears the costs of enforcement proceedings in Romania?

In practice, we encounter a wide range of situations when…


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The Accounting Manual: Purpose and Significance for Companies

To comply with financial, accounting, and tax laws, Romania…


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Labour law: Current EU law with practical relevance

Labour law has traditionally been largely exempt from…


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Business practices in Romania: CAEN codes and authorizations

At the beginning of the year, legislative changes relating…


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Equity or Net Asset Value – an Important Financial Indicator

The term net asset value or equity often comes up in…


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Improved permitting certainty for Romanian real estate

Romania's real estate and construction industry has long…


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Stop the Clock – the new EU directive on sustainability…

At a time when the pressure on companies to be transparent…


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Energy Law in Transition – New Grid Connection Procedure in Romania Starting 2026

Starting in January 2026, Romania will introduce…


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Exchange of agricultural land and the law 17/2014 – between optimization and the risk of requalification

Law No. 17/2014, updated by Law No. 175/2020, strictly…


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New Regulations 2025: Labor Law, Sick Leave, and Social Security in Focus

The year 2025 brings not only legal adjustments but also a…


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