Romanian Public Property – Why Investors Still Play with Fire

by Ijdelea Mihailescu • September 10, 2018

“Investors and Professionals Alike Still Fail to See the Signs Although the issue is getting more visible, many times people still struggle to understand the risks involving the acquisition of real estate pertaining to public property. This is due to various factors including the lack of extensive legal literature on this topic…“ Originally published in […]

Romania May Become One of the Great European Powers in the Energy Sector

by Ijdelea Mihailescu • February 27, 2018

“Currently, more than 90% of Romania’s gas consumption is produced from internal sources, and it is expected that the country will soon become a gas exporter, due mainly to recent discoveries in the Black Sea, but also to new onshore discoveries.” – Anca Mihailescu, Bogdan Rotaru February 2018 issue of the CEE Legal Matters magazine. […]

Everybody is Waiting for a PPP Reform

by Ijdelea Mihailescu • November 30, 2017

“Everybody is waiting for a PPP reform, especially considering that PPP has been actively implemented in other countries for many ground-braking infrastructure projects. A new PPP law was adopted in Romania at the end of last year and it can be seen as a step forward in facilitating PPP projects but currently it is not […]

New Legal Framework for the Offshore Legislation

by Ijdelea Mihailescu • October 15, 2017

“In the last few years significant natural gas discoveries were reported by several titleholders of offshore petroleum concessions in the Romanian Black Sea. Though no commercial discoveries have been declared to date, some of the gas discoveries are now in an advanced phase of evaluation by the investors and are drawing closer to the date […]