RES DEPLOYMENT LEGAL INSIGHTS: ROMANIA INTRODUCES NEW FDI SCREENING GUIDELINES
The Romanian Competition Council has put forward a new set of guidelines detailing how foreign direct investments (“FDIs”) are assessed, in accordance with Government Emergency Ordinance No. 46/2022 and Regulation (EU) 2019/452. These guidelines clarify essential aspects of the FDI screening process, including: how investment value is calculated, the criteria for determining control, and the […]
RES DEPLOYMENT LEGAL INSIGHTS: LEGISLATIVE PROPOSAL ON INVESTMENTS CONCERNING THE ELECTRICITY TRANSMISSION NETWORK
A legislative proposal was recently introduced on the agenda of the Ministry of Energy for amending and supplementing certain normative acts in the field of investments concerning the electricity transmission network[1]. This ordinance primarily targets infrastructure projects for electricity transmission, whether involving the development of new high and medium voltage power lines and substations or […]
RES LEGAL INSHIGHTS: THE YEAR-END LEGISLATIVE CHANGES IN ROMANIA – ENERGY, CORPORATE LAW, AND TAX UPDATES
As we close the year, several significant legislative changes have been enacted, impacting various sectors, including corporate law, energy field, and administrative governance. Below, we outline the most notable amendments introduced in last days of 2024: A. EMERGENCY ORDINANCE NO. 152/2024: KEY AMENDMENTS TO STRATEGIC ENERGY, ECONOMIC, AND COMPETITION LEGISLATION IN ROMANIA On 20 December […]
RES LEGAL INSIGHTS: Proposed Legislative Measures for Protection of Military Objectives and Impact on Construction Permits
A legislative proposal was recently introduced on the agenda of the Chamber of Deputies, as the first notified chamber, that aims to establish special protective measures for military objectives. This proposal is justified by the current complexities of the international security environment. The legislative initiative underscores the need to strengthen the national protection framework by […]
RES DEPLOYMENT LEGAL INSIGHTS: CFD first auction
The Ministry of Energy has issued Order No. 1530/2024, published in the Official Gazette, Part I, No. 1070, October 24, 2024(the “Order No. 1530/2024”), which introduces amendments to Order No. 1290/2024 regarding the approval of the initiation of the first auction for the State Aid Scheme in the form of Contracts for Difference for the […]
REAL ESTATE LEGAL INSIGHTS: Clarifying the applicability of tacit approval for building permit endorsements and urban planning documentation
Until November 2019, in accordance with Article 7, paragraph (2), letter b) of Law No. 50/1991, a significant provision applied to endorsements and agreements for building permits. If these documents were not issued within 15 days from the date of registration, the sanction of tacit approval was automatically applied, without the need for further procedures. […]
RES DEPLOYMENT LEGAL INSIGHTS: CFD first auction
We are issuing a brief legal alert regarding the recent developments in Romania’s Contract for Difference (“CFD”) scheme. The key legal provisions governing the scheme have been approved and are based on the following legal acts: Governmental Decision No. 318/2024 regarding the approval of the general framework for the implementation and operation of the support […]
RES DEPLOYMENT LEGAL INSIGHTS: ANRE’s measures to reduce the costs associated with balancing the electricity system
On 29th August 2024 Order No. 60/2024 for the amendment and completion of certain orders issued by the President of the National Energy Regulatory Authority concerning the electricity market has been published in the Official Gazette, Part I, No. 867 of 29 August 2024 (the “Order No. 60/2024”). The measures adopted by ANRE through the […]
REAL ESTATE LEGAL INSIGHTS: Bucharest’s urban planning and trafic permit regulations
On 7th August 2024, the General Mayor of Bucharest requested amendments to Act No. 1113/2023 (the „Technical Traffic Commission of Bucharest Act”) which regulates the Technical Traffic Commission of Bucharest (the “Traffic Commision”). The proposed amendments seek to ensure that preliminary endorsements and traffic permits issued by the Traffic Commission fully consider the legal and […]
RES DEPLOYMENT LEGAL INSIGHTS: Overhaul of grid connection rules: Entered intro force
On 2nd August 2024, Order approving the Methodology for the allocation of electricity network capacity for the connection of electricity generation sites, as well as amending and supplementing some orders of the President of the National Energy Regulatory Authority in the field of connection of users to the public electricity network (the “Order No. 53/2024”) […]