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B&A HERALD

Our latest news are shown below.

We regularly organise legal training sessions for our clients, covering multiple topics.
We also produce newsletters, briefings and articles covering a broad range of legal services. 

Please visit this section regularly in order to get a full update on our activity as a law firm or subscribe to our communications and legal newsletters here.

News


B&A Event: Fire protection, essential for the safety of financial and real estate investments

15 October 2018

Bulboacă & Asociații organized on Wednesday, October 10, 2018, the conference "Fire protection, essential for the safety of financial and real estate investments", an event addressed to banks and asset management companies.

The representatives of the most important financial and banking institutions in Romania as well as the asset management companies attended an interactive debate, the main topics approached be...
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Fire Protection - An Essential Asset For Our Safety

25 July 2018

The tragedy of the Russian mall fire that left more than 60 victims in March this year is, regretfully, not a singular occurrence. Such unfortunate events happen year after year. Fire safety, therefore, remains an important topic for companies and the authorities involved.

Several observations and trends in this area will be commented below. Our analysis is based on the official information provided by the General Inspectorat...
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Lobbying in Romania: where to?

03 November 2017

On November 2nd, 2017, Bulboacă & Asociații organized the “Lobbying in Romania: where to?” debate. The theme and purpose of the event was to engage key actors from the public decision-influencing domain in an open dialogue concerning the status of lobbying activities in Romania and to offer new approaches for a proper development of the same in line with European policies and good practices...
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Receptionist Wanted

May 2017

For our office located in Bucharest, we are looking for a hands-on Receptionist, with main responsibilities:

JOB DESCRIPTION:

Perform front-office duties, including directing incoming calls and taking accurate messages; Monitor and process incoming and outgoing mail, faxes and packages; Arrange meetings and greet visitors; Protocol related activities; Boo...
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B&A launches “The Romanian Matrix” Cultural Association

April 2017

“Bulboacă şi Asociaţii” Law Firm announces the launch of “The Romanian Matrix” Cultural Association, a non-legal project designed to complement, in the local social – cultural space, the legal services of high quality and pronounced identity that the Law Firm provides to its clients.

Meant as a pole of rediscovery and revaluation of our na...
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Legal Assistant Wanted

March 2017

JOB DESCRIPTION:

Working hours: from 3 p.m. (15:00) to 9 p.m. (21:00); Secretarial Support; Handling incoming telephone calls, incoming and outgoing fax messages and e-mails; Making travel arrangements, hotel reservations, organizing meetings; Organizing and maintaining office files and records; Follow-up of hearings on portal just website; Pr...
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Billing Coordinator Wanted

February 2017

CANDIDATE PROFILE:

Provide accurate advice on billing queries and procedures; Handle a specialised program in order to fill out invoices promptly; Arrange, prepare for and attend revenue reviews with designated partners and associates; Prepare and deliver pre-bills to partners and others nominated to assist the process, including narratives and other analyses as required;
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Bulboacă & Asociații keeps its place in IFLR1000’s Tops

November 2016

Bulboacă & Asociații is mentioned, this year also, in the tops of the Legal Directory International Financial Law Review - IFLR1000, 2017 edition, thus keeping alive the tradition started 9 years ago. The business law firm, Bulboacă & Asociații, was ranked in the top tiers of all 5 practice areas, analysed in Romania: Banking, Energy and Infrastructure, Finance, Capital Markets and M&A.

Likewise,
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Bulboacă și Asociații to launch The Romanian Matrix

14 September 2016

As part of the implementation of our new identity, which reflects the firm's vision, Bulboacă & Asociații has launched on Wednesday, September 14th 2016, the national cultural project „Matricea Românească” (The Romanian Matrix).

The Romanian Matrix is our honest effort of retrieval, rediscovery and reassertion of the Romanian identity, a project that will help us revive the past, capitaliz...
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„How the fox fooled a bear” – performance supported by B&A

September 2016

“I do not know how others are, but when I think of (...) toys and games full of the childlike humour and charm, I seem to exult with joy, even now!” (Ion Creangă)

This year, Bulboacă & Asociații carried out its team building exercise during September 8-11 in Sf. Gheorghe, Tulcea. Aside from the activities scheduled for this...
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Bulboacă & Asociații to consolidate its tax consultancy practice

11 April 2016

Bulboacă & Asociații SCA is consolidating its tax consultancy practice by bringing in Adriana Stoian as Tax Partner. Adriana will coordinate Bulboacă & Asociații Tax, an entity operating as an affiliate of the law firm since 2013.

With a professional experience spanning more than 16 years in the tax consultancy sector, Adriana oversaw an impressive nu...
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Bulboacă & Asociații to host the Re>patriot Gala

17 March 2016

Bulboacă & Asociații has the honour of hosting the Re>patriot Gala, an event organised by the Romanian Business Leaders Foundation on 17 March 2016. The Re>patriot Gala is a fundraising event and a reason to spend an interesting evening together with the members of the Foundation and their special guests. 

The Gala organisers will also hold an auction whose funds will be used to promote and develop...
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Adrian-Cătălin Bulboacă, at the 2016 Financial Year Conference

2 March 2016

Adrian-Cătălin Bulboacă was one of the speakers of the ”2016 Financial Year” Conference, organised by Finmedia. Together with representatives of the National Bank of Romania, of the Financial Supervision Authority, of the Parliament, financial analysts, bankers, investment and insurance specialists, consultancy companies, and representatives of the business environment, the panel discusses current events affecting Romania...
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140 Years since Constantin Brâncuși's Birth

19 February 2016

On the 19th February 2016 we celebrated the 140th anniversary of Constantin Brâncuși, the Romanian sculptor. In November 2015, the Romanian Government officially declared 19 February as Brâncuși Day – National Day.

Considered a pioneer of modernism, one of the most influential sculptors of the 20th-century, Brâncuși - (born Feb. 19, 1876, Hobița, Gorj – died Mar. 16, 1957, Paris) - is called the...
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Ennoblement at Bulboacă & Asociații

15 February 2016

On 15 February 2016, the “Bulboacă și Asociații” law firm promoted Andrada Bulgaru - the coordinator of the insolvency practice  -, and Simona Pirtea - the coordinator of the criminal law practice -, to the position of Managing Associates. These promotions are the result of an organic growth within the firm, visible since the end of...
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166 Years Since Mihai Eminescu's Birth

15 ianuarie 2016

On the 15th January 2016 we celebrated the 166th anniversary of Mihai Eminescu, Romania's National Poet. The Romanian Academy, an institution that will also celebrate this same year 2016, 150 years since its foundation in 1866, had the initiative in establishing Mihai Eminescu's day of birth as Romania's National Culture Day. 

Born in Ipotesti, Mihai Eminescu (15 January 1850 - 15 June 1889) was the poet whos...
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Burning Issues - Dialogues by the Fireplace

14 December 2015

Bulboacă & Asociații is pleased to host Burning Issues - Dialogues by the Fireplace - a monthly series of debates of Export Club.

Distinguished invited speakers, as well as a select audience of professionals - academics, business leaders, public intellectuals, politicians, diplomats, media personalities etc. - will get together once a month and engage in an informal dialogue on the forc...
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Adrian-Cătălin Bulboacă spoke to young Romanians

1 December 2015

To celebrate Romania's National Day, Adrian-Cătălin Bulboacă spoke about national values with 6th grade students of the "St. Constantin and Elena" School in Bucharest.

More details, including Adrian-Cătălin Bulboacă's speech (in Romanian only) here.


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Summer Music Academy Sinaia

16 - 29 July 2015

Bulboacă & Asociații have had the pleasure of supporting two young Romanian musicians at the Sinaia Summer Music Academy, an international instrumental training stage at the highest standards, with a 10-year tradition, focusing on violin, viola, cello and flute. Mr. Remus Azoiței – a violin professor at the Royal Academy of Music, London was...
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Parsifal at The Bucharest Philharmonic

14 - 15 May 2015

Bulboaca & Asociații carries on the tradition of supporting cultural events of great value, thus backing the organisation of one of the greatest concerts held at The Bucharest Philharmonic (The "Oldest" Orchestra in Eastern Europe - 1868) on the 14th and 15th of May 2015, conducted by Christian Badea.

Act III of "Parsifal&qu...
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The new identity of Bulboacă & Asociații

1 May 2015

After a long, thorough and complex process of evaluation of the firm's long term strategy, we are pleased to inform that Bulboacă & Asociații has begun the implementation of its new identity, reflecting the firm's new vision.

As part of our rebranding, we have, as of 27 April 2015, moved to a new location....
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Publications


State aid: European Commission adopts Best Practices Code to streamline State aid control

August 2018

On 16 July 2018, the Code of Best Practices for the conduct of State aid control procedures was adopted by the European Commission. The Best Practices Code was published in the Official Journal of the European Union no. C 253, on 19 July 2018, and the European Commission will apply this Code to measures which were brought to its attention 30 days after publishing date. The Best Practice...
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Law for the application of the Regulation regarding data protection

August 2018

Law no. 190/2018 for the application of Regulation (EU) no. 2016/679 regarding data protection has been published in the Official Gazette no. 651 from 26 July 2018 and has entered into force starting with August 1st. The GDPR is already applicable in the EU member states since 25 May 2018. Romania was also expected to show how it will regulate in the fields where the GDPR permits d...
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Amendments to Law no 7/1996 regarding the Cadastre and Real Estate Publicity

July 2018

On July 18, 2018 Law no 185/2018 was adopted for the approval of Government Emergency Ordinance no 31/2018 on the amendment and completion of the Law regarding cadastre and real estate publicity no 7/1996.  Law no 185/2018 was published in the Official Gazette, Part I no 638 on July 23, 2018 entering into force on July 26...
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Dividends can now be distributed also quarterly

July 2018

On 12 July 2018 Law no. 163/2018 for the amendment and supplement of the Accounting Law no. 82/1991, for the amendment and supplement of the Companies Law no. 31/1990 and also for the amendment and supplement of Law no. 1/2005 for the organization and functioning of a cooperative society (“Law 163”) was published in the Official Gazette of Romania no. 595 and shall enter into force...
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Amendments for private services for emergency situations

July 2018

On June 29, 2018 Order no 71/2018 (“Order 71/2018”) was approved concerning the prorogation of the term provided in Article 2 paragraph (2) of Order no 96/2016 of the Minister of Internal Affairs (“Order 96/2016”) on the approval of the Performance criteria regarding the establishment of the voluntary and private services for e...
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Amendments to the urbanism law

June 2018

On 21 June 2018 the Government Emergency Ordinance no 51/2018 (“GEO 51”) for amending Law no 350/2001 regarding land planning and urbanism and prolonging several deadlines was approved. GEO 51 was published with the Official Gazette no 520 of 25 June 2018 and brought the following main changes which are available in the below pdf document. This article...
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Proposed changes to the legal regime of Romanian companies

June 2017

On 27 June 2017, the legislative initiative (the “Draft Law”) amending and supplementing the Law on companies no. 31/1990 (the “Companies Law“”), the Law on accounting no. 82/1991 (the “Accounting Law”) and the Law on the organization and operation of cooperatives no.1 / 2005 (the “Coopera...
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Law on food waste reduction

May 2017

Law no. 217/2016 on food waste reduction (the “Law”) has entered into force on 21 May 2017. The Government has yet to approve the methodological norms to the Law (Romanian language: normele metodologice de aplicare) which are indispensable for the application of its provisions. A draft of suc...
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Latest amendments to the construction and urbanism legislation

May 2017

Although the end of 2016 came with major amendments to the legal framework concerning the construction and urbanism legislation by enactment of the Emergency Government Ordinance no. 100/2016 (the "Ordinance"), the Ordinance ceased its effects as of 5 May 2017 when Law no. 86/2017 on the rejection of the Ordinance (the “Rejection Law&rdqu...
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New amendments to the support scheme for renewables

April 2017

On 31 March 2017, it was published in the Romanian Official Gazette the Ordinance no. 24/2017 amending and supplementing Law no. 220/2008 establishing the support scheme for renewable energy (the "Ordinance").  The Ordinance intends to protect the existing investment environment and to maintain into function the cu...
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Major amendments to the construction and urbanism legislation

January 2017

The end of 2016 brought with itself important amendments and supplements to the legal framework concerning the construction and urbanism legislation, by the entering into force of the Emergency Ordinance no. 100/2016 (the "Ordinance").  The explanatory memora...
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Datio in solutum - novelty aspects

December 2016

Recitals The biggest legislative news of 2016 is by far the entrance into force of the Law regarding datio in solutum. Intended as a social policy mean, the sole aim of the bill was to create a legal mechanism applicable to consumers unable to reimburse their mortgaged loans.
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New impact regulations of the electricity market

October 2016

On 18 October 2016, the Chamber of Deputies has adopted the Law amending and supplementing (the “Amending Law") the Law on electricity and natural gas no.123/2012 (“Law no. 123/2012”). The Amending Law was previously sent back to the Parliament by the President for a...
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Food waste reduction – the latest legal obligation of economic agents

October 2016

In order to limit to a minimum the quantity of food products that are destroyed, the Chamber of Deputies adopted, on the 18 October this year, the law on reducing of food waste (the ”Law"). The approved version of the Law contains only general provisions, following that in 6 months from its publication in the Of...
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Transforming NACP in an institution similar to the Competition

October 2016

In April 2016, the Parliament has initiated a draft law amending the statute of the National Authority for Consumer Protection (“NAPC”). The draft law was adopted by the Chamber of Deputies and is currently under the review of the permanent commissions of the Senate (the “Draft Law”). The Draft Law...
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Draft Ordinance amending and supplementing Government Emergency Ordinance no. 77/1999 on measures to prevent payment default

August 2016

Recently, on the website of the Ministry of Economy, Trade and Relations with Business Environment, it has been launched for public debate a draft Ordinance amending and supplementing Government Emergency Ordinance no. 77/1999 on measures to prevent payment default, approved with amendments by Law no. 211/200, as subsequently amended (the “Draft Ordinance”).
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Newly proposed procedure for works completion acceptance – highlights

July 2016

The Ministry for Regional Development and Public Administration has published a draft of a new Regulation concerning the reception (i.e., works completion acceptance) of buildings (the “Draft Reception Regulation”) which, if approved, will replace the current Regulation for the reception of construction works and related installations approved through the Government Decision no....
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New regulations on food marketing

July 2016

On 15 July 2016, it was published in the Official Gazette Law no. 150/2016 ( "Law no. 150/2016") amending and supplementing Law no. 321/2009 on food marketing ("Law no. 321/2009") The amendments brought by Law no. 150/2016 aim, among others, as further detailed below, to stimulate the increase of the demand of food products of Romanian o...
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Changes in the Form 088 "Affidavit for assessing intention and ability to carry out economic activities involving VAT taxable operations"

July 2016

Order no. 2048/2016 amending the Order of the National Agency for Fiscal Administration no. 3841/2015 approving the model and content of form (088) "Affidavit for assessing intention and ability to carry out economic activities involving VAT taxable operations ", has been published In the Official Gazette 533/15 July 2016. The main changes concern: 1.Submiss...
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Suspending the employment contract, upon the employer’s initiative, throughout the disciplinary inquiry – declared unconstitutional

May 2016

Romanian Constitutional Court ruled that the measure of having an employment contract suspended, upon the employer’s initiative, throughout the disciplinary inquiry, is a disproportionate containment of the right to work, guaranteed by Article 41 paragraph (1) of the Romanian Constitution. 1. Employers’ decisions to suspend employment – susceptible of subj...
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The European Account Preservation Order – what is it and how does it work?

May 2016

EU Regulation 655/2014 of the European Parliament and of the Council shall come into force 18 January 2017, setting forth the procedure to be followed for the freezing of bank accounts of counterparties for the purpose of recovering cross-border receivables. The Regulation establishes the legal institution of the EAPO, whose main role is to confer upon the creditor a guarantee that the...
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Overview of the consumer litigation files

April 2016

Even though the legal core of the consumer protection issue has been existing for the last 15 -20 years both at national and European levels, the number of litigations in the field has grown significantly only in the last 5 years (2010 – 2015). This situation has been generated by the entrance into force of certain legal enactments (e.g. EGO no. 50/2010 regarding on cre...
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Recent Changes to Romania’s Competition Law

January 2016

Competition Law No. 21/1996 (the “Competition Law”) was recently amended and supplemented by Law No. 347/2015 approving Government Emergency Ordinance No. 31/2015, and these amendments are applicable as of January 1, 2016. In essence, the new changes may be briefly described as follows:
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Future of ISDS in TTIP and beyond. Is now the time for reform?

18 June 2015

Investment arbitration is perhaps one of the least explored subjects in the legal world, mostly because of the highly specialized legal training that is required to understand the complex framework in which it takes place. Due to this, investment arbitration has developed and grown at its own pace, critics would say...
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