Corruption is a global phenomenon with multiple socioeconomic effects, which contributes to perpetuating social inequality, as well as development gaps between regions and poverty. Transparency International’s Corruption Perception Index (CPI) results show that the global picture has rather deteriorated over the last 12 years, with fewer countries having managed to improve their indicators than those in which, on the contrary, the situation has regressed.

Băncilă, Diaconu și Asociații, together with EY Romania, have secured a mandatory VAT reimbursement of 12 million euros from the National Agency for Fiscal Administration to Roche Romania, representing VAT related to the clawback tax. This final ruling is the first of its kind in Romania and will have implications for the entire pharmaceutical industry. 

Wolf Theiss has successfully advised the founders of Embryos Fertility Clinic S.R.L. on the sale of the majority stake to Integral Capital Group. The transaction, closed on 31 January 2025, marks a strategic milestone in an emerging sector within the Romanian market.

Dentons has advised Piraeus Bank S.A. (Greece) on a €181 million project financing for the construction of a solar power plant located in Romania, with an approximate capacity of 273 MW, developed by METLEN Energy & Metals S.A. Greece.

IABLONSCHI & ASOCIAȚII has announced its appointment as a member of Marcalliance, an international network of independent law and tax firms. This partnership marks a significant milestone for both entities, reinforcing Marcalliance’s presence in Eastern Europe.

To obtain Romanian citizenship by descent, you must prove that you have Romanian ancestry. Romania allows individuals who can demonstrate that they are descendants of Romanian citizens (through parents, grandparents, or great-grandparents) to reclaim Romanian citizenship. 

Legal translation is a specialized field that requires expertise in both language and law. It's essential for ensuring that legal documents, such as contracts, court rulings, or immigration papers, are accurately interpreted across different languages and legal systems. This type of translation is not just about converting words, but also about preserving the legal meaning and nuances of the original text. In this article, we'll explore what legal translation entails, why it’s important, the challenges involved, and how to select the right legal translator for your needs.

Nyerges & Partners successfully assisted Renalfa IPP, a Vienna based developer and independent power producer established as a joint venture between Renalfa Solarpro Group GmbH and the French infrastructure fund manager RGREEN INVEST, on the acquisition of a 258 MWac solar photovoltaic project under development in Teleorman county. The project will be further expanded by integrating 1000MWh of battery energy storage system (BESS) assets.