Romania and Moldova: an ideal destination for market entrepreneurs

Foreward by Andrew Chilvers During the past two decades the key nations of Central and Eastern European (CEE) have grown significantly following moves to liberalise their economies. On average Poland, the Czech Republic, Hungary, Bulgaria and Romania, to name a few, increased their per capita GDP by 115% between 2004-2020. Employment was at its lowest […]

Charles VernonManaging Partner, Vernon | David

Bucharest Stock Exchange – the rising star of Romania

Foreward by Andrew Chilvers During the past two decades the key nations of Central and Eastern European (CEE) have grown significantly following moves to liberalise their economies. On average Poland, the Czech Republic, Hungary, Bulgaria and Romania, to name a few, increased their per capita GDP by 115% between 2004-2020. Employment was at its lowest […]

Madalina HristescuPartner, Hristescu & Partners

Romanian Company Administrators Liability

From my experience over the last 12 months, administrators of Romanian companies have become increasingly aware of their potential personal liability if for any reason the company of which they are an administrator fails and ceases to trade.  For foreign administrators this has caused considerable concern, especially as they may have not fully understood their […]

Nicholas S. HammondPartner, Hammond-Partnership

A decision regarding the interest clause in credit contracts

On 19th December 2019, the European Court of Justice gave a judgement for consumer protection concerning the interpretation of Directive 2008/48/EC of the European Parliament and of the Council of 23rd April 2008 on credit agreements for consumers in the case C‑290/19 (RN vs. Home Credit Slovakia a.s.) The main issue was whether Article 10(2)(g) […]

Nicholas S. HammondPartner, Hammond-Partnership

Dr. Constantin BRÂNZAN, former judge at the High Court of Cassation and Justice, with over 40 years’ experience in magistracy, joins POPESCU & ASOCIAȚII team

Attorney at law Constantin BRÂNZAN, a career magistrate until 2018, with more than four decades of judicial experience, has joined POPESCU & ASOCIAȚII team within the Litigation and Arbitration Department. A renowned jurist, with a doctoral degree (2001), and a postgraduate degree in civil law (1987), he has a solid expertise, acquired during a long […]