ZRP
Tuca Zbarcea & Asociatii

Filip & Company becomes the first independent CEE law firm to adopt Harvey

Filip & Company sets a benchmark for the legal profession, demonstrating how AI can complement human expertise ...

Țuca Zbârcea & Asociații Promotes a New Equity Partner

A graduate of the Faculty of Law at "Nicolae Titulescu" University in Bucharest, he has been a member of the ...

Promotion at RTPR: Energy expert Bogdan Cordos is promoted to Partner at RTPR

Bogdan Cordos joined RTPR in 2011, as soon as he graduated from the Faculty of Law of the “Alexandru Ioan ...

CMS | Navigating criminal liability risks for generative AI companies

For more information on the risks of generative AI and how to mitigate these risks, contact your CMS client partner or these CMS experts: Mihai Jiganie-Serban and Anca Elena Toma.

AI generative technology has revolutionised industries, advancing content creation, automation, and innovation, but its rapid adoption introduces criminal liability risks for developers, providers, and users. For generative AI (gen-AI) companies operating in Romania and across multiple jurisdictions, understanding and mitigating these risks is crucial for avoiding legal exposure and fostering trust. The following article highlights key criminal liability implications surrounding gen-AI in Romania and suggests strategies to ensure compliance and risk mitigation.

CMS Romania

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Articolul poate fi citit doar de membrii platitori ai comunitatii BizLawyerRomanian M&A market evolution during 2024

· Total value of transactions estimated at US$ 6.6bn in 2024 · Real Estate, Hospitality & Construction remained the most active sector by deal count for a second consecutive year · The United States ranked first by country of origin for inbound transactions, continuing a six-year trend

The Romanian mergers and acquisitions (M&A) market saw robust activity in 2024, recording 265 transactions1 with an estimated value of US$ 6.6bn2. This indicates a 10.0% rise in deal count on a yearly basis (241 deals in 2023), and a 5.9% decrease in estimated value (US$ 7.1 billion in 2023). Disclosed transactions value rose by 40.7% (US$ 2.9n in 2024 vs.

BizLawyer

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LEGITEAM

Iablonschi & Asociații Joins Marcalliance, Strengthening Its Global Network and Eastern European Presence

BizLawyer

Iablonschi & Asociații is proud to announce its appointment as a Romanian member of Marcalliance, a distinguished international network of independent law and tax firms.


      CMS | Romania passes procedure for companies to update their object of activity and classification pursuant to NACE Rev. 3

      CMS Romania

      On 31 December 2024, the Romanian National Office of the Trade Registry published its guidance on the procedure for updating the object of activity of companies, according to the new statistical classification NACE Rev.


          Filip & Company assists Credit Europe Bank Romania in the cross-border merger with Credit Europe Bank N.V.

          R. T.

          Filip & Company law firm has provided legal assistance to Credit Europe Bank Romania in the process of the cross-border merger by absorption by the parent company, Credit Europe Bank NV in the Netherlands.



              Ascunde Reclama

              Filip & Company assists Qemetica Group in the sale of assets related to soda ash and sodium silicate production in Romania

              BizLawyer

              Filip & Company law firm has provided legal assistance to Qemetica, a major player in the European chemical industry, in a complex project regarding the sale of calcined soda ash and sodium silicate production assets and activities in Romania, through Ciech Soda Romania S.


                  CMS advises Ahold Delhaize on the completion of the landmark acquisition of Profi Rom Food in Romania

                  R. T.

                  CMS has advised Ahold Delhaize on the completion of its acquisition of leading Romanian grocery retailer Profi Rom Food SRL from MidEuropa, in a transaction worth approximately EUR 1.


                      Important fiscal changes in Romania starting January 2025

                      Theodor Artenie (Tax Advisor, Counsel) and Carmen Mazilu (Tax Advisor͵ Senior Associate) - Kinstellar

                      On 30 December 2024, the Romanian government adopted Emergency Ordinance no.


                          Articolul poate fi citit doar de membrii platitori ai comunitatii BizLawyerKinstellar advises syndicate of banks on a EUR 73 million financing to Grup Șerban Holding

                          R. T.

                          Kinstellar have advised a syndicate of banks led by BRD Groupe Société Générale and Banca Transilvania on a EUR 73 million syndicated facility to Grup Șerban Holding.


                              RTPR starts 2025 with record-breaking deal getting closed: MidEuropa completes EUR1.3bn Profi exit in largest ever private equity deal in Romania

                              R. T.

                              RTPR has assisted the private equity fund MidEuropa and its (former) portfolio company, Profi Rom Food, on the closing of the sale of Profi to Ahold Delhaize in respect of Romanian law matters of the transaction.


                                  CMS | Romania regulates advertising of medicines via social networks and mobile apps

                                  CMS Romania

                                  On 18 December 2024, the Romanian Ministry of Health published Order no.


                                       

                                       

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