🚀We are very proud to announce a sweeping victory on behalf of one of the main infrastructure contractors in Romania in a complex multi-million EUR dispute against CNAIR stemming from a construction public procurement contract. Our team successfully represented the client in an intricate international arbitration case concerning the adjustment mechanism related to major road infrastructure works, bringing together complex commercial, technical and legal issues in the context of our client’s fundamental right to fair compensation. Following an intense 2 years process, the Arbitral Tribunal issued its final award ruling in favor of our client on all counts and all claims. The Tribunal decisively validated our client's position and awarded not only the outstanding principal amount but also material delay penalties and further damages to cover monetary devaluation. Full recovery of arbitration costs and legal fees was also secured. This landmark win reinforces the critical imp...
As the European Union and Romania advance into a new phase of regulatory recalibration, March 2026 signals a shift toward targeted simplification at EU level alongside more structured and selective frameworks at national level . While the EU is actively reducing compliance burdens and accelerating strategic industries, Romania is tightening control mechanisms around investment flows, energy infrastructure, and state aid allocation. This evolving landscape creates a dual imperative for corporate leaders, investors, and industrial operators: Anticipating the EU’s “Competitiveness Through Simplification” approach, where the revised CSRD and CS3D frameworks significantly narrow the scope of ESG obligations, while parallel initiatives such as the Industrial Accelerator Act and the EURO-3C project actively support industrial scaling, digital sovereignty, and low-carbon production. Navigating Romania’s “Selective Investment Discipline” model, where strengthened FDI screening,...