Off-shore wind power is an innovative solution for Romania’s energy capabilities, particularly as the country has access to the Black Sea territory. As a source of renewable energy, wind farms have become a prominent project of the European continent to ensure independence from fossil fuels. With suitable geographical elements and a new legislative framework regulating […]

The Markets in Crypto Asset Regulation (EU) 2023/1114, commonly referred to as MiCA, is a legislative framework applicable in the European Union to crypto-assets and crypto-assets service providers. It will mainly apply from 30 December 2024 (with the exception of Titles III and IV coming into force from 30 June 2024). The Regulation seeks to […]

The Market in Crypto Asset Regulation (EU) 2023/1114, commonly referred to as MiCA, is a legislative framework applicable in the European Union to crypto-assets issuers and service providers. The role of the Regulation is to assure an efficient and prudent management of the crypto-asset service providers, as well as to enable fair market rules without […]

Romania has always been an attractive country in terms of wind energy potential. Due to the South West, North East, Central West and Dobrogea regions, Romania has been propelled to the second place in terms of wind energy potential in Europe. Given these more than favorable conditions, there is no surprise that Romania has caught […]

The pharmaceutical sector is highly regulated. Given the important consequences that consumption of medicines may have on human health, Romania has implemented specific rules regarding advertising such products. While there are many ways in which the public is informed about the characteristics of medicines, not all of them constitute advertising. For example, under Romanian law […]

The Ministry of Energy recently published for public consultation the draft Government Decision for the implementation and operation of the Contracts for Difference (CfD) support mechanism for low carbon technologies. Through this enactment, the Romanian Government establishes the general legal framework governing the implementation and operation of the support mechanism through contracts for difference meant […]

In the pursuit of promoting renewable energy sources and achieving goals like decarbonization, as well as more ambitious ones such as energy independence, the European Union constantly both encourages and imposes achieving these objectives on the member states. As the whole world was recently shaken by pandemics and war, we are now facing an energy […]

Romania benefits from being one of the EU countries with lower cinematographic production costs, and that is why it is on the radar of many international studios. The cumulative annual turnover of the film industry in Romania is approximately EUR 53 million, derived mainly from foreign productions in Romania. A complete article, detailing means of […]

Our laborious team members have just released the attached article, concerning the single industrial license, which aims to simplify the process of obtaining various administrative acts (licenses, authorisations, approvals, endorsements, permits, etc.) required to carry out a plethora of industrial activities, including, for example, activities in the extractive, food, textile and energy industries. The complete […]

There is a new legislative project to be adopted at European Union level, namely the Proposal for a Council Regulation on an emergency intervention to address high energy prices. The Proposal comes in the context of the energy crisis caused by the conflict between Russia and Ukraine and aims to tackle the rising energy prices […]