Partners News
EU mandates operational CO₂ injection capacity by 2030 – creating a new market with Romania at the centre
Under the Net Zero Industry Act (Regulation (EU) 2024/1735, referenced as "NZIA"), the EU has set a binding target of 50 million tonnes of operational CO₂ injection capacity by 2030. Recent delegated acts identify the EU-based oil and gas producers subject to NZIA...
iO Partners Market REcap – Q4 2025
Romania’s investment market closed 2025 at just over €500 million, about 31% below the previous year, mainly due to the lack of large transactions. Q4 generated €97 million, with international capital holding a 64% share. Despite lower volumes, rents and prime yields...
A Belle Epoque – inspired Romantic Experience in the Heart of Bucharest at InterContinental Athénée Palace
This year’s Valentine’s Love Journey experience at InterContinental Athénée Palace Bucharest offers a refined hospitality concept inspired by Belle Époque elegance. Designed for couples seeking meaningful shared moments, the experience combines premium accommodation,...
Romania’s new gas licensing rules: A closer look at the PE risk for foreign suppliers and traders
Starting January 2026, important changes have been introduced in Romania for holders of gas supply or trading licences by the national energy regulator, ANRE, through ANRE Order 83/2025 (the “Order 83/2025”), which repeals ANRE Order No. 199/2020 approving the...
Romanian Competition Law Update: Q4 2025
The final quarter of 2025 marked a period of significant competition law developments in Romania, with enforcement actions focusing on vertical restraints and “no-poach” agreements, alongside important merger control decisions in markets such as retail and energy, as...
Romania abolishes the 1% deductibility cap for intra-group IP and management/advisory expenses
February 2026 – At the beginning of 2026, we informed you about a significant tax reform enacted by the Romanian legislature, introducing a new limitation on the deductibility of certain intra-group expenses. Under this measure, taxpayers with turnover below EUR 50...
Kinstellar advises Garbe Industrial on strategic entry into the Romanian market supported by a partnership with Fortress Real Estate Investments Limited
Febuary 2026 – Kinstellar has advised GARBE Industrial, one of Germany’s leading logistics and industrial real estate investors, on its strategic entry into the Romanian market through a completed acquisition, as part of a broader joint venture investment structure...
First Names, Formality & The Fine Line Between Friendly and Disrespectful
Etiquette is often communicated through the smallest details, those subtle choices that quietly shape how a person is perceived. The way someone is addressed, the level of formality chosen, and sensitivity to cultural context all send powerful messages before any real...
Wolf Theiss strengthens energy practice with appointment of Irina Roxana Petre as Partner in Romania
Bucharest, 2 February 2026 - Wolf Theiss announces the appointment of Irina Roxana Petre as Partner in the firm’s Energy Industry Group, effective February 2026. Based in Bucharest, she will further develop the firm's Projects & Energy practice in Romania and...
The first unpaid day of medical leave: Practical implications for Romanian employers
Effective 1 February 2026, Emergency Ordinance No. 91/2025 introduces a material change to the medical leave indemnity regime in Romania: the first day of medical leave will not be compensated. Under the previous framework, employers covered the first five days of...