🚀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 the second quarter of 2026, the regulatory focus has shifted from initial mobilization toward a phase of " Harmonized Competitiveness " and " Strategic Protectionism ." While the EU accelerates the creation of a unified corporate identity to foster innovation, Romania is refining its energy market oversight to ensure stability and transparency amidst a complex transition. This evolving landscape creates a dual imperative for corporate leaders, investors, and industrial operators: 1. Anticipating the "Single Market Leap" in the EU , where the proposed "EU Inc." regime and the new Technology Transfer Framework aim to dissolve national administrative barriers and modernize the dissemination of high-tech assets to secure the bloc's global edge. 2. Navigating Romania’s "Regulatory Refinement" phase , where updated ANRE procedures for foreign market participants and new copyright collection...