by Cristina Stamboli, Senior Associate, NOERR
It is
of notoriety that even if the legal framework of the public-private
partnerships (hereinafter referred to as “PPPs”)
in Romania was set up as a distinct law governing PPPs projects since
2010, the respective piece of legislation was almost entirely
neglected mainly due to the lack of IT support from ESPP (in
Romanian SEAP) and other setbacks for
structuring a PPP project. That happened while for instance France
alone accounted 62% of the overall European market value in 2011
followed by UK, Germany, Italy, Belgium, Spain etc( according to EPEC
review of the European market in 2011).