Category: Legal Publications & Articles

The Limited Liability Company in Romania

  The SRL (ro societate cu răspundere limitată) is a widely used type of company recognized by the laws of Romania. It is similar to the French société à responsabilité limitée (SARL), the private company limited by shares (Ltd.) in the UK / Ireland and the original German Gesellschaft mit beschränkter Haftung (GmbH). The English […] Read more…

Business Establishment in Romania

Business development in the North-Eastern region of Romania is growing faster and has a tremendous potential in terms of profitability. We recommend the city of Iasi as the first choice for any serious investor that wishes to conduct business in this geographical area. An excellent labour market of highly educated professionals, one of the best […] Read more…

Claiming Damages – Torts in the Romanian legal system

More than 100 years of civil jurisprudence construed Articles 998 to 1003 in the Civil Code as a body of institutions related to the legal compensation for tortious acts. These acts are of wrongful nature either because they conflict with existing laws or with specific customary principles of conduct. Once these acts result in loss […] Read more…

Criminal Law – Defending Rights in Romania

Current legislation in the criminal law area include the Penal Code, the Code on Criminal Procedure and special laws that define specific crimes. The Penal Code is of modern nature, in accordance with the general principles of comparative law as to criminal responsibility, the protection of the youth and sentencing. The old 1968 Code on […] Read more…

The Romanian Judiciary

“The judicial power in Romania is exercised by the High Court of Cassation and Justice and by the other courts established by law. The court system comprises: – The High Court of Cassation and Justice (HCCJ); – 15 courts of appeal; – 41 tribunals; – 4 specialised tribunals; -177 courts of first instance (judecatoria).” The […] Read more…

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