On 21 April 2021, European Commission released a proposal for a new regulatory package for Artificial Intelligence (AI). The proposal comprises three main acts, each having a different purpose related to the implication of AI technology for business and communities. The main proposals for regulations are: Regulation Laying Down Harmonised Rules on Artificial Intelligence (Artificial […]
The new Business Europe – Romania Romania represents to many companies and entrepreneurs an opportunity to develop their businesses in a way that they may not have been considered previously. Even now 30 years after the reunification of Europe, Romania is still a land of opportunity and there are many areas needing foreign investment and […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Radu Voloaga of Voloaga Law Firm. Radu has joined IR as our exclusive Commercial Litigation member in Romania. Radu Cristian Voloaga, Attorney at law, has over sixteen years of experience in providing legal assistance and representation in complex cases, both civil and commercial. […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Florin Dobre of FIDASmart. Florin has joined IR as our exclusive Insolvency Member in Romania. Florin is a lawyer – member of the Bucharest Bar, insolvency practitioner, and authorized evaluator – specialized on real estate evaluations. Florin is known for his solution-oriented […]
Foreward by Andrew Chilvers During the past two decades the key nations of Central and Eastern European (CEE) have grown significantly following moves to liberalise their economies. On average Poland, the Czech Republic, Hungary, Bulgaria and Romania, to name a few, increased their per capita GDP by 115% between 2004-2020. Employment was at its lowest […]
Foreward by Andrew Chilvers During the past two decades the key nations of Central and Eastern European (CEE) have grown significantly following moves to liberalise their economies. On average Poland, the Czech Republic, Hungary, Bulgaria and Romania, to name a few, increased their per capita GDP by 115% between 2004-2020. Employment was at its lowest […]
Foreward by Andrew Chilvers During the past two decades the key nations of Central and Eastern European (CEE) have grown significantly following moves to liberalise their economies. On average Poland, the Czech Republic, Hungary, Bulgaria and Romania, to name a few, increased their per capita GDP by 115% between 2004-2020. Employment was at its lowest […]
Entering a new market is never easy, nor is developing a market in which you have a minimal presence. Over the years we have advised many foreign investors who have looked at the Romanian market with a view to developing their business and marketing their products. Often, they come and see us with their prospective […]
Staying ahead of the curve – Navigating the Central & Eastern Europe ecosystem & choosing the right advisor During the past two decades the key nations of Central and Eastern […]
Read moreTuesday 19th April, Nicholas Hammond will be speaking on Legislation Across Europe. Registration is free and you can sign up at the following link https://esports.seamless-online.ro/lobby.php
From my experience over the last 12 months, administrators of Romanian companies have become increasingly aware of their potential personal liability if for any reason the company of which they are an administrator fails and ceases to trade. For foreign administrators this has caused considerable concern, especially as they may have not fully understood their […]
One of the biggest complaints in relation to Romania over the last period has been its bureaucracy and the frustrations this has for investors or businessmen used to different way of doing business. The attitude in Romania has changed over time and has seen a further boost caused by Covid. The lockdowns and requirements of […]
