Great news coming from The Ministry of Public Finance that  has announced a three-year extension of the GD 807/2014 financing measure,  between 500,000 EUR to 37.5 million EUR of EU funds for Start-ups, SMEs and big companies, the deadlin...more »

Banks in Central and Eastern Europe expect new loan disbursements to rebound in 2021, supported by regulatory measures aiming to sustain the lending activity, after a significant year-on-year decrease in 2020, according to COVID-19 CEE...more »

For the first time in history, the Romanian capital market is included, starting from September 21st, 2020, in the Emerging Markets indices, according to the classification of the global index provider FTSE Russell. The promotion of Romania to the ...more »

After accessing OG6 for debt restructuring to the state budget, ROMAERO obtains, under the guidance of CIT Restructuring, the second bank financing worth 14 million lei for 36 months, to support the current activity . ROMAERO also accessed a financ...more »

Any company with a 70,000 euro profit in the last two years can access the maximum grant of 200,000 euro offered by the Romanian Government with EU Funds through Action 3 of the Support Scheme “Grants for investments”. Moreover, new eligible ac...more »

The impact of the COVID-19 pandemic continued to play a significant role in declining IPO activity in the first half of 2020 – as shown in the quarterly report EY - Global IPO trends: Q2 2020. Overall, Q2 2020 saw a decline in IPO activity fro...more »

Stratulat Albulescu has successfully represented Compania Romprest Service S.A. (“Romprest”), one of the Romanian leaders in waste management, in obtaining a landmark decision by the Bucharest Court of Appeal, with the annulment of the minutes and corresponding Decision for ascertaining the irregularities and establishing the budgetary receivables issued in 2018 based on AMPOSDRU financing agreement, and with the obligation of the defendant, namely Ministry of European Funds, to reimburse the plaintiff the amount of LEI 4,724,889.90 (EUR 973,935.41), as well as to pay the plaintiff the related legal interest, starting with the date of filing the lawsuit, namely 9 February 2018, until the date of actual payment....more »

The COVID-19 pandemic has had a profound impact on the business environment. With crypto currency as a growing part of international transactions, most businesses have exposure to crypto currency, while rogue actors are intensifying their activity ...more »

European Commission has purposed a 2.4 trillion EUR economic recovery package for all EU states and economic sectors affected by the COVID pandemic, mainly to minimize and to fight the possible material losses which could appear due to the global c...more »

The Eurobond issue launched on July 7, 2020 by the Ministry of Public Finance enjoyed a special interest from investors, Romania returning to the USD market for the first time in 2018. The transaction reconfirmed Romania's position as a sophisticat...more »