Ţuca Zbârcea & Asociaţii

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Raluca Vasilache
Raluca Vasilache

Ţuca Zbârcea & Asociaţii

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1 Contributions by Ţuca Zbârcea & Asociaţii

A practitioner guide to Romanian merger control and FDI screening (2024): thresholds, joint ventures, notification, timelines, standstill, turnover calculations, sanctions, fees; RCC and CSFDI procedures
PRACTICE NOTES
A practitioner guide to Romanian merger control and FDI screening (2024): thresholds, joint ventures, notification, timelines, standstill, turnover calculations, sanctions, fees; RCC and CSFDI procedures
Note—to check if notification thresholds in Romania and worldwide are satisfied, please refer to: Where to Notify. 1. Have there been any recent developments regarding the Romanian merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Romania? Romania’s merger control framework last changed with the Romanian Competition Council Merger Regulation adopted on 20 July 2017 (the 2017 Merger Regulation), which marked the most recent amendments and remains the reference for current practice. By contrast, notable changes have occurred in the Foreign Direct Investment (FDI) screening sphere which, while separate from classical merger control, is highly pertinent for deals in Romania, influencing pre-closing obligations and related filings. From April 2022, a new statute governing FDI screening took effect: Government Emergency Ordinance No. 46/2022 on foreign direct investments (GEO 46/2022), which gives effect to
Competition
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