Romania

Stratulat Albulescu is pleased to announce the promotion of Dr. Luiza Ionescu and Costin Sandu to Partner, and Victor Iacob to Counsel, effective April 2026. This advancement reflects their strong track record in leading complex matters, coordinating multidisciplinary teams, and driving senior-level client engagement across key mandates. Their promotion further reinforces the firm’s commitment to developing internal talent while strengthening its capabilities in high-level matter management and execution. Commenting on the promotions, Managing Partner Silviu Stratulat said: “Luiza joined our team seamlessly, taking over the coordination of our Energy practice and quickly becoming a point of reference for both colleagues and clients. At the same time, she has been actively involved in business development, both locally and internationally, as well as in the growth of our team and Energy practice. Her promotion is a natural step in recognition of this trajectory. Costin has been with us for several years and has consistently demonstrated professionalism, rigor and a remarkable ability to manage complex projects, including highly sensitive regulatory matters. He is highly appreciated by clients for his expertise and attention to detail and represents a key pillar within our team. Victor’s promotion to Counsel reflects his strong expertise in competition law and his consistent involvement in complex and high-profile mandates. We congratulate them all on this achievement and wish them every success in their new roles.” Dr. Luiza Ionescu is a Partner in our Energy & Infrastructure Group. She has over a decade of experience in the energy sector, spanning both conventional and renewable markets, including solar, wind, storage, hybrid and emerging technologies such as floating photovoltaic (PV) and agrivoltaics (agriPV). Her practice focuses on regulatory and transactional energy matters, with significant involvement in M&A, project development, permitting and compliance across all project stages, from land scouting and grid connection to EPC and PPA negotiation. Costin Sandu is a Partner in our TMT, Data Privacy and Cybersecurity teams, where he brings an innovative perspective, strong business acumen and hands-on leadership. With more than 18 years of experience, he specialises in technology law and compliance work, particularly in Data Protection and Cybersecurity, as well as in telecom matters. He also has a strong professional background in banking and finance, financial services regulatory and compliance, and corporate and M&A. Victor Iacob is a Counsel, qualified in Romania and New York, with 14 years of experience in EU and Romanian competition law. He focuses on merger control and foreign direct investment screening, as well as antitrust investigations, advisory work and compliance, particularly in the food, pharmaceutical and consumer goods sectors. For any other information on this, please feel free to contact Delia Bîjnea (Head of Marketing and Communications) at [email protected] or Anastasia Tache (Marketing Assistant) at [email protected].

Effective 16 March, Stratulat Albulescu Attorneys at Law (“SAA”) is pleased to announce the appointment of Andreea Nedeloiu as Partner and Head of Banking & Finance. Andreea brings over 14 years of experience advising on complex financing transactions. She joins SAA after spending her entire career with a leading international law firm, where she built a strong reputation advising on some of the most significant banking and finance transactions in Romania. Her practice spans the full spectrum of transactional finance, where she advises on sophisticated financing arrangements and supports both lenders and sponsors during the entire lifecycle of a financing transaction, from initial structuring and term sheet negotiation to the drafting and refinement of comprehensive documentation tailored to the commercial and regulatory realities of each deal. Throughout her career, she has been a trusted adviser to many of the most prominent domestic and international banks, financial institutions, credit providers, and multinational corporate borrowers and sponsors active in the Romanian market. She has played a key role in some of the most significant and high‑profile banking and finance transactions, contributing not only technical expertise but also strategic insight that helps clients navigate complexity and achieve their commercial objectives. In addition to her transactional expertise, she also advises extensively on regulatory matters, particularly those involving the cross‑border provision of banking, payment, and investment services. Her experience includes guiding financial institutions through the regulatory requirements applicable to offering services into Romania from other jurisdictions, assessing passporting and licensing implications, and ensuring compliance with local and EU‑level supervisory frameworks. Managing Partner Silviu Stratulat stated: "We are confident that Andreea’s arrival will give our Banking & Finance practice a new direction especially as the area is becoming of increased interest in our country. Her profile and experience along with her energy and presence overlaps perfectly with our strategy and drive. Our goal is to continue our growth and continue delivering legal advice directed at the needs of the client and towards creation of long-term value. Andreea will contribute to this journey and even in shaping the legal market." Andreea Nedeloiu added: "I am excited to join SAA at this stage of the firm's development. The firm's entrepreneurial culture, its commitment to excellence, and the calibre of its people drew me in immediately.  Stepping into the role of leading the Banking & Finance practice, my priority is to build on the high standard of service that clients have long relied on. I am eager to work alongside this talented team, ensuring that the quality, responsiveness, and practical insight our clients are accustomed to not only continue, but grow even stronger. I look forward to contributing to the firm's continued growth and ongoing success and bringing my network, experience and energy to support its ambitions for the future." Andreea's standing in the market is reflected in her consistent recognition by leading international legal directories, ranked as a Leading Associate in Banking & Finance by Legal 500 and distinguished as a Notable Practitioner by IFLR1000. Clients have long praised her for her thorough legal knowledge, unwavering availability, and the proactive, tailored approach she brings to every mandate. For any other information on this, please feel free to contact Delia Bîjnea (Head of Marketing and Communications) at [email protected] or Anastasia Tache (Marketing Assistant) at [email protected].

Reforms can bring both risks and opportunities for companies. How market players can prepare legally In times of institutional transition or shifts in the vision of the judicial system, companies must be prepared to manage the associated uncertainties. Such moments require a clear understanding of reforms that may have indirect effects on how justice functions, applicable legislation, and administrative mechanisms. An effective adaptation involves specialized advice provided by a business lawyer who understands not only client demands but also the risks generated by a transforming system. A prevention-oriented strategy can turn reaction into proactive response. Justice between continuity and reform A possible change in judicial priorities may indirectly influence the pace of resolving civil litigation lawyer cases, the criteria for applying legal norms, and the availability of administrative resources. These circumstances call for a strong partnership between the client and a Bucharest lawyer who can anticipate procedural developments. At a time when more reforms are publicly discussed, it is imperative for corporate lawyers in Romania to offer due diligence lawyer services tailored to each economic sector. For instance, in the real estate market in Romania, early identification of contractual risks is essential, and collaboration with a due diligence lawyer is an indispensable component of transactions. Anticipating the impact of legislative changes Regulatory changes, regardless of their origin, can generate significant risks legislative for companies, especially in fast-moving sectors. Therefore, solid tax consulting lawyer support becomes a necessity, not an option. Working closely with a Bucharest lawyer specialized in regulation enables a quick assessment of the normative impact on commercial relationships. Especially companies operating in regulated fields must collaborate closely with a business lawyer to adapt contracts to new requirements. Constant monitoring of official sources of information such as legislative publications, authority announcements, and public consultations is the most effective and safest way to stay updated with all changes at the national level. In this regard, an annual due diligence report prepared by a due diligence lawyer helps identify weaknesses as well as legislative opportunities that can be leveraged. Legislative clarifications awaited Relations with public institutions require a specialized legal approach, with the field of purchase of real estate being one where precision and compliance are essential. A real estate lawyer offers detailed advice on procedures, deadlines, and contesting decisions made by contracting authorities. The Romanian Law Firm Pavel, Margarit & Associates provides comprehensive consulting and legal assistance services in public procurement, litigation, and real estate law. Our team of Bucharest lawyers is dedicated to offering strategic support for companies and institutions, including legal audit, due diligence report, and contract drafting. If you need advice on legislative risks, reforms, or business strategies, we are here to support you. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us Companies contracting with the state may face administrative or commercial disputes, and a real estate litigation lawyer, when necessary, can intervene to defend interests in court. It is important that all contracts be drafted or reviewed by a contract cancellation expert or contractual clauses specialist well-versed in public sector requirements. For firms in the real estate market in Romania working closely with local or central authorities, a partnership with a real estate lawyer represents an investment in the legal security of the business. “In periods of legislative instability or institutional transition, companies need legal partners more than ever who understand not only the letter of the law but also the direction in which things are moving. A business lawyer well grounded in economic and regulatory realities can turn legislative risks into strategic steps. This is the true role of effective legal cooperation: to provide clarity where uncertainty exists,” said Dr. Radu Pavel, Coordinating Lawyer at the Romanian Law Firm Pavel, Margarit & Associates. Even if there is no immediate threat, companies must remain vigilant about risks legislative. Whether it involves a new president, legislative changes, or court developments, an experienced Bucharest lawyer in corporate consulting can provide stability in an unstable climate. At a time when reforms become part of the ongoing discourse, it is essential that economic actors strengthen their internal legal capacity or outsource intelligently. Audit, strategy, and prevention — these are the pillars of an effective relationship with a business lawyer. Whether we talk about purchase of real estate, litigation, contracts, or tax regulation, a solid lawyer career is reflected in practical solutions.

A major legal test for companies in Romania The multitude of tax changes in Romania and legislative reforms announced by Romanian authorities for the second half of 2025 and early 2026 represents a major legal challenge for the business environment. From increasing sector-specific taxes to redefining eligibility criteria for micro-enterprises, companies are compelled to urgently assess the legal impact of these measures. In this context, the team of attorneys at The Romanian Law Firm Pavel Margarit and Associates offers specialized legal services for applied interpretation of the new regulations and strategic consulting for companies that wish to ensure compliance while avoiding legal risks triggered by these rapid developments. Restriction of the micro-enterprise tax regime One of the most impactful changes is the gradual reduction of the turnover threshold for qualification under the micro-enterprise regime — from €250,000 as of January 1, 2025, to €100,000 starting January 1, 2026. This fiscal change will lead to the exclusion of a large number of companies from the micro regime, turning them into corporate income tax payers. In addition, the increase of the dividend tax from 8% to 10% further affects their competitiveness. A tax lawyer in Romania and a legal advisory lawyer in Romania provide complete legal assistance for assessing tax eligibility, optimizing company structure, and submitting the necessary documentation for changing the tax registration regime. Impact of tax changes on companies Lower thresholds for micro-enterprise status, increased dividend taxes, and the obligation to switch to corporate income tax mean a substantial increase in tax and administrative burdens. For some companies, this may result in shrinking profit margins or even the inability to continue operations in their current form. A legal advisory lawyer in Romaniav and a tax lawyer in Romania thoroughly analyze the specific tax impact on each company and propose legal strategies for cost optimization, including merger in Romania, spin-off in Romania, or changes to the company’s business scope for fiscal efficiency. Corporate reorganization Amid the tightening of micro-enterprise thresholds, the elimination of tax facilities, and new rules for affiliated companies, more and more firms in Romania must reevaluate their internal structure. Corporate reorganization becomes a strategic solution to effectively manage the tax related in Romania impact and remain competitive. Companies may need to restructure through merger in Romania, to consolidate resources and reduce costs, or through spin-off in Romania, to separate fiscally incompatible business lines. In other cases, restructuring may involve transfer of shares in Romania, changing the company’s legal form, or even voluntary dissolution in Romania if the business becomes unsustainable. The team of tax lawyer in Romania, commercial lawyer in Romania, and corporate lawyer in Romania at The Romanian Law Firm Pavel Margarit and Associates provides full legal assistance in all forms of corporate reorganization, including merger in Romania, spin-off in Romania, liquidations, shareholder withdrawals, amendments to corporate documents or shareholding structure, transfer of shares in Romania, and voluntary dissolution in Romania. Our lawyers manage the entire process—from legal and tax planning to drafting documentation and representing companies before the Trade Registry and the Romanian tax authority (ANAF). These procedures are crucial in preventing legal blockages, tax requalification, or administrative penalties. “The new tax changes in Romania may trigger a legal domino effect across many industries. From contract recalculations to corporate reorganizations, every decision must be legally informed to avoid penalties or operational disruptions,” said Dr. Radu Pavel, Managing Partner of The Romanian Law Firm Pavel, Margarit and Associates. The Romanian Law Firm Pavel Margarit and Associates provides complete legal assistance in tax law in Romania, commercial law in Romania, and corporate matters, offering both consultancy and legal representation for companies across Romania. Do not hesitate to contact us by filling out the form on our website: https://avocatpavel.com/contact/. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us The Romanian Law Firm Pavel Margarit and Associates is a law firm with solid experience in business law, tax related in Romania consultancy, administrative litigation, and employment law. A commercial lawyer in Romania offers integrated assistance for companies from all industries, supporting clients during periods of legislative change or complex corporate lawyer in Romania reorganizations.