by Oana Strătulă (Partner) The obligation to pay the claw-back tax was introduced in Romania, for the first time, in 2009, and it referred to the obligation of the medicines’ producers to pay a quarterly contribution for reimbursed medicines. Taking into account that in Romania the total quarterly consumption of reimbursed medicines is much higher than […]
by Oana Strătulă (Partner) Beneficiaries of EU funds have encountered unpleasant surprises from the European Commission. Many of them have been accused of creating artificial conditions to receive funding, paradoxically by the same authority who previously approved their projects and payments on the basis of a serious documentation and after many checks1. The accusation was […]
by Oana Strătulă (Partner) In trying to solve the desperate situation in which the health system in Romania is found, authorities are testing new solutions: pilot hospitals. This is an attempt to limit the funding of the pilot hospitals from the state or local level. Their income will come from, among others, European funds and rental […]
by Oana Strătulă (Partner) In the Letter of Intent agreed with the International Monetary Fund in late July, the Government has expressed its desire to find new ways to broaden the base of social contribution system in order to reduce the burden of labour taxation1. In this regard, the official document shows that by mid-September 2013, […]
by Oana Strătulă (Partner) Many times, ever since the reading of the tender documentation, it can be loomed the preference of the contracting authority for certain potential bidders, that usually results from the established conditions regarding the professional capacity which the participants must have. This is particularly evident in areas where the number of specialists is not […]
by Oana Strătulă (Partner) In an uncertain moment for the fate of the Nabucco project which is already declared loser in front of the competition represented by the Trans-Adriatic Pipeline (TAP), Romania has rushed to adopt legislative measures which aim the achievement of the development works of the Nabucco gas pipeline on the land of our […]
By Sorin Strătulă (Partner) On April 2nd 2013 the Romanian Parliament passed a new law for implementing the EU Directive 2011/7/UE on combating the late payment in commercial transactions, i.e. Law no. 72/2013 on combating the late payment in contracts between professionals and contracts between professionals and contracting authorities1. This new Law provides for certain […]
By Sorin Strătulă (Partner) This short analysis will briefly present the main national legislation in force regarding AIT (as of March 2012), with a focus on those provisions of the Fiscal Code and Customs Code on the matter, as well as on the provisions of the legislation in force sanctioning corruption crimes. Main national primary […]
By Cosmin Mocanu (Partner) We have referred, in the November issue of the Journal Consulting Review, to the possibility of concluding an individual employment contract between the joint stock companies and administrators and/or their directors. The conclusion of our analysis was that, following the amendments to the Company Law no. 31/1990 (“Company Law”), initially brought […]
By Cosmin Mocanu (Partner) Successive amendments brought to Law no. 31/1990 on commercial companies (“Company Law”) in 2006 and 2007 expressly limited the ability of such companies to combine the quality of their administrator(s) (or director(s), for joint stock companies) with that of employee(s) of the respective administrated company1. Although it has been almost three […]