In August 2019, the Ministry of Regional Development and Public Administration (MRDPA) has organized the first consultation meeting on dysfunctionalities at the level of the normative and institutional framework in the fields of territorial planning, urbanism and construction and related fields, with the aim that the entire legislation in this matter be reorganized under the rule of a single normative act complying with the current needs of digitalization, simplification and professional responsibility.
Significant Amendments to the Fiscal Code with an Impact in the Field of Real Estate Transactions
By Government Ordinance no. 16/2022 for amending and supplementing Law no. 227/2015 regarding the Fiscal Code, the abrogation of some normative acts and other financial-fiscal measures, published in the Official Gazette no. 716 of July 15, 2022 (Ordinance 16/2022), a series of amendments and additions to the fiscal regime have been made that concern, among others, the regime of micro-enterprises, excise duties, hospitality sector, part-time labour agreements, VAT etc.
Albota Law Firm and PNSA Advise on Atenor’s Sale of Dacia One to Paval Holding
The Albota Law Firm has advised Atenor on its sale of the Dacia One Project to Paval Holding. Popovici Nitu Stoica & Asociatii advised the buyer.
Albota Law Firm Assists Atenor with Sale of Hermes Business Campus to Adventum International
The Albota law firm has assisted Belgium-based real estate developer Atenor on its sale of the Hermes Business Campus to Adventum International. Peli Partners reportedly advised the buyer on the deal.