Articole scrise de Rubin Meyer Doru & Trandafir


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1.​Renewable energy: Romania and legislative instability The Romanian business environment is currently in turmoil due to the recent series of legislative acts amending Romanian law in the field of energy, specifically renewable energy. This is keeping investors far from Romania and has driven already established investors away.
2.(Re)confiscarea Uzinelor Titan-Nadrag-Calan - II Recent descoperitele stenograme ale sedintelor Consiliului de Ministri de sub Guvernarea Ion Antonescu, ce atesta planurile de confiscare a Uzinei Titan-Nadrag-Calan de la industriasul evreu Max Ausnit in 1941, sunt in mod deranjant similare incercarilor recente ale fostului Guvern Ungureanu de a confisca 85% dintre proprietatile retrocedabile (asa cum este descris in detaliu in articolul din mai 2012 din Romanian Digest).Vezi prima parte a materialului "(Re)confiscarea Uzinelor Calan" aici
3.The Theft of Titan In the early 1920's, Max Ausnit, who became one of Romania's principal industrialists, took over a wire and nail manufacturing factory in Galati founded by his father, and built it into a steel mill complex called Uzinele Metalurgice Titan Nadrag Calan. (...) While the families of virtually every major Romanian industrialist have received acceptable compensation for the wholesale theft of their properties, the heirs of Romania's only major Jewish industrialist have received only a small part of what was stolen from them, and their major claim has been deferred and hindered by the apparent misfeasance of Romanian bureaucrats intent on depriving this family of what has long ago been adjudicated as rightfully belonging to them.
4.​(Re)confiscarea Uzinelor Titan La inceputul anilor 1920, Max Ausnit, devenit ulterior unul dintre principalii industriasi ai Romaniei, a preluat fabrica de sarma si cuie din Galati fondata de tatal sau si a transformat-o intr-un complex siderurgic denumit Uzinele Metalurgice Titan Nadrag Calan - TNC (...) In timp ce familiile fiecarui industrias roman important au primit despagubiri acceptabile pentru furtul in masa al proprietatilor lor, mostenitorii unicului industrias evreu important din Romania au primit doar o mica parte din ceea ce le-a fost furat, iar solicitarea lor majora de restituire a fost amanata si impiedicata de abuzul de putere al birocratilor romani, a caror intentie a fost sa priveze aceasta familie de ceea ce autoritatile si instantele romanesti au stabilit cu mult timp in urma ca le apartine de drept.
5.European Court Slams Romanian Restitution Procedures   On October 12, 2010, the European Court of Human Rights (the “ECHR” or the “Court”), issued its first pilot judgment against Romania in a case entitled Maria Atanasiu and Others v. Romania (the “Pilot Judgment”). The judgment itself was not shocking considering the significant number of decisions in the restitution field already decided by the Court against Romania over the past several years. In those decisions, the Court repeatedly sanctioned Romania for its inability to set up an effective restitution and compensation mechanism for the victims of the former communist regime. However, it seemed as though the Romanian authorities simply didn’t care about the Court because they did virtually nothing to remedy the situation for almost a decade.
6.Curtea Europeana a Drepturilor Omului sanctioneaza Romania La data de 12.10.2010, Curtea Europeana a Drepturilor Omului (“CEDO” sau “Curtea”), a emis prima hotarare pilot impotriva Romaniei in cazul intitulat Maria Atanasiu et. Alt. v. Romania (“Hotararea Pilot”). Hotararea in sine nu a fost un soc, dat fiind numarul semnificativ de hotarari deja adoptate de Curte impotriva Romaniei, in procesul de restituire, pe parcursul ultimilor ani. In aceste decizii, Curtea a sanctionat in mod repetat statul roman pentru incapacitatea sa de a institui un mecanism real de restituire si despagubire pentru victimele regimului comunist. Totusi, pare ca autoritatilor romane nu le-a pasat de aceste decizii, in conditiile in care nu au intreprins nimic pentru a remedia situatia, timp de aproape un deceniu, se arata in studiul The Romanian Digest.
7.Dezvoltari recente in legislatia europeana in materia concurentei, ce afecteaza Romania Volumul in continua crestere al vanzarilor desfasurate prin intermediul internetului, precum si numarul extrem de ridicat al tranzactiilor trans-frontaliere ce au loc in Uniunea Europeana au determinat Comisia Europeana sa adopte o noua reglementare, (i.e. Regulamentul nr. 330/2010 din 20 aprilie 2010), in vigoare de la 1 iunie 2010, privind exceptarea pe categorii a acordurilor incheiate intre furnizori si distribuitori pentru vanzarea de produse si servicii.
8.When Will the Property Fund Finally Be Listed?  Is there any process in Romania that has moved at a more glacial pace than the listing on the Bucharest Stock Exchange (“BVB”) of Fondul Proprietatea, aka the Property Fund (the “Fund”)? If there is, The Romanian Digest is unaware of it.
9.Cand va fi listat, in cele din urma, Fondul Proprietatea? Exista vreun proces in Romania care sa se fi desfasurat intr-un ritm mai lent decat listarea la Bursa de Valori Bucuresti (“BVB”) a Fondului Proprietatea (“Fondul”)? - se intreaba publicatia The Romanian Digest. 
10.Witness to history: The Romanian-American Chamber of Commerce 1990-2010 February 2010 marks the twentieth anniversary of the formation of the Romanian-American Chamber of Commerce™ (the “RACC”) – an early milestone in the course of Romania’s emergence from beneath the cloud of Nicolae Ceausescu’s brutal brand of communism. A journey through the RACC’s twenty year history is a march through a past dotted with the formative personalities and events that shaped Romania. It is a story of support, dedication, hard work and affection for a people and a nation by Americans, many of whom had no prior ties to Romania, and others who were persecuted by Romania’s communists, had their properties stolen and were hounded out of the country.
11.Establishing a US ADR Program for Romanian Listed Companies Through a so-called “sponsored Level 1 ADR program,” listed companies in Romania and from around the world can make their shares available to US investors on the over-the-counter market in the form of depositary receipts. To date, few Romanian listed companies have taken advantage of the new possibilities in the US equity markets, possibly as a result of unfamiliarity with the new regulatory regime. This article provides Romanian entrepreneurs with an summary of what they need to know in order to capitalize on the opportunity to raise equity capital in the US markets through this new regulatory regime.
12.Romanian state aid in a time of crisis  The worldwide financial crisis has hit Romania’s economy rather hard. Banks have become much more reluctant to provide financing and, consequently, companies are experiencing difficulties in accessing credit. The lack of capital blocks business activity which seriously affects the whole economy. In such a context, companies may consider obtaining financing from state aid schemes for which they are qualified.
13.Ajutorul de stat in vremuri de criza in Romania  Criza financiara mondiala a avut un impact serios asupra economiei Romaniei. Bancile au devenit mult mai reticente in acordarea de imprumuturi si, in consecinta, companiile se confrunta cu dificultati in accesarea creditelor. Lipsa capitalului blocheaza activitatea de afaceri, ceea ce afecteaza in mod grav intreaga economie. Intr-un asemenea context, societatile pot lua in considerare optiunea de a obtine finantare din cadrul schemelor de ajutor de stat pentru care se califica.
14.Joint Ventures under Romanian law Beneficial business opportunities in emerging markets can be enhanced through wise affiliations. Foreign investors can benefit from the expertise of local entities and, in turn, those entities can gain from the financial resources of outside firms. Particularly, in times of global economic crisis, the capacity of businesses to cope with money shortages may be enhanced by the ability to identify a compatible business partner who can provide the missing resources.
15.Legislatia din Romania in domeniul comertului electronic Domeniul comertului electronic in Romania a fost impulsionat in mod substantial prin cresterea rapida a numarului de servicii prestate prin mijloace electronice, care a atras atentia atat a companiilor, cat si a consumatorilor asupra acestui domeniu, prin marea viteza de efectuare a tranzactiilor, dar si prin costurile lor reduse. Tranzactiile efectuate prin mijloace electronice au dat un imbold major intreprinderilor mici si mijlocii sa utilizeze internetul pentru a-si dezvolta afacerile si au oferit posibilitatea consumatorilor din Romania de a accesa bunuri si servicii la care altfel acestia nu ar fi avut acces.
16.Collective Employee Dismissals    The world economic crisis has had a negative impact on employment in Romania, particularly in the construction and automobile industries. Throughout the country, employers have been forced to fire or lay-off large numbers of their employees with grave consequences to the individuals and to their communities. Indeed, collective dismissals are much more than just the sum of individual dismissals – they bear significant social consequences that may affect the life of an entire community, most especially in localities where its entire economic life is focused around one or two major employers faced with the fallout from the global crisis.
17.Procedura concedierii colective  Impactul negativ al crizei economice mondiale este resimtit si pe piata fortei de munca din Romania, fiind afectate in special constructiile si industria de automobile. In intreaga tara, angajatorii au fost nevoiti fie sa suspende contractele individuale de munca, fie sa concedieze un numar mare de angajati, ceea ce a generat consecinte grave atat pentru persoanele implicate, cat si pentru comunitatile in care acestea traiesc.
18.What In Heaven’s Name is Happening with Fondul Proprietatea? Four years after the creation of the Property Fund ("Fondul Proprietatea" in Romanian) as a means of awarding restitution to former owners of properties confiscated by the Romanian state where in-kind restitution is no longer possible, Fondul Proprietatea still does not represent an effective mechanism in awarding compensation to the victims. This is a stain on the honor of the Romanian state.
19.The Process to Establish Wind Farms & Hydro Power Plants in Romania Over the past several months, we have focused several articles on Romania’s potential to attract significant investments in renewable energy because of the nation’s unique geographic attributes.
20.Etapele privind infiintarea centralelor eoliene si a hidrocentralelor in Romania In ultimele cateva luni, ne-am aplecat atentia in cateva articole asupra potentialului Romaniei de a atrage investitii importante in domeniul energiei regenerabile, ca urmare a caracteristicilor unice ale geografiei nationale.
21.Changes to Romanian consumer credit requirements Separate and apart from the general legal framework for the protection of consumers in Romania set forth in Government Ordinance no. 21/1992 (hereinafter the “GO”), a niche had existed for creditors enabling them to modify the interest and fees that they charged for certain consumer loans by increasing them as much as they wanted -- such as the law regarding mortgages (Law 190/1999) and the law regarding consumption credits (Law 289/2004). As a consequence, consumers often paid more and more to the banks as interest or fees were arbitrarily increased. 
22.Creating renewable energy in Romania Renewable energy sources (E-RES) increase the diversity of energy supplies and will most likely replace the world’s diminishing supply of fossil fuels (coal, natural gas and petroleum). The use of E-RES resources instead of fossil fuels can substantially reduce greenhouse gases, mostly CO2 and other pollutants. The use of renewable energy also increases the economic independence of users that develop such energy sources. Energy dependence on politically unreliable sources can be vexing. For example, the EU is dependent upon Russian gas and Russia uses that dependence for political leverage to prevent the EU from taking stronger positions against Russian hegemonic activities in places such as Georgia and Moldova.
23.Utilizarea surselor regenerabile de energie in Romania Sursele regenerabile de energie („SRE”) ajuta la diversificarea surselor de energie existente si cel mai probabil vor inlocui in cele din urma sursele de energie bazate pe combustibili fosili (carbuni, gaze naturale, petrol) aflate in continua scadere. Utilizarea SRE in locul celor bazate pe combustibili fosili pot reduce substantial gazele cauzatoare ale efectului de sera, in special emisiile de CO2 si de alti agenti poluanti.
24.Romania's targeted and non-discriminatory investment law For seven years, Law 332/2001 has been Romania’s foreign investment law and, like most of its predecessors, it was burdened by vagueness and ambiguity, primarily caused by a myriad of amendments that parliament haphazardly tacked onto it. One of the most important innovations of the Government Emergency Ordinance no. 85/2008 is the equal treatment provided for all investors regardless of whether they are foreign or domestic.
25.The Romanian Digest: Noua lege privind stimularea investitiilor din Romania Timp de sapte ani, Legea 332/2001 a reprezentat cadrul legal privind stimularea investitiilor straine si, ca multe legi anterioare, a fost marcata de ambiguitati cauzate in primul rand de multitudinea de modificari pe care parlamentul le-a adus de-a lungul timpului. Cel mai important beneficiu adus de Ordonanta de Urgenta nr. 85/2008 este tratamentul egal acordat  investitorilor, indiferent daca acestia sunt romani sau straini.
26.Cadrul Juridic privind protectia padurilor din Romania In ultimii 19 ani, Romania a pierdut la fel de multa suprafata de padure precum au pierdut alte tari pe durata intregului secol trecut. O astfel de pierdere brusca si catastrofala a evidentiat necesitatea imperativa de a proteja ceea ce a mai ramas din paduri printr-un efort combinat, care sa aiba in vedere protectia biodiversitatii, reconstructia padurilor existente, prevenirea in mod eficient a incendiilor de padure, precum si reglementarea exploatarii lemnului.
27.Restitution Reversal What can be said of a Parliament that favors the holders of stolen property over the victims of the theft? Are the victims of human rights abuses in Romania less significant than their abusers? Should the possessor of stolen property in Romania have greater rights to possession or compensation than the actual owners of the property? Are not the answers to these questions self-evident, even in Romania? Undoubtedly, but apparently not to the overwhelming majority of Romanian Parliamentarians who just adopted new amendments to Romania’s Restitution Law 10/2001 (“Law 10”), granting rights to certain buildings and land abusively confiscated by the communist regime to persons who knowingly took possession of them, by striping away any right to the return of those properties to their rightful owners (proposed Law no. 891/17.12.2007 (hereinafter “the proposed law”)). In the topsy-turvy world of Romania’s Parliament, converters of land and buildings have been granted greater rights than the victims from whom they were taken.
28.Revenire asupra procesului de restituire Daca scopul principal al Legii 10 este restituirea catre proprietarii de drept a tuturor cladirilor si terenurilor confiscate de regimul comunist, unicul scop al Proiectului – lege nr. 891/17.12.2007 este doar protectia persoanelor care au cumparat in baza Legii 112/1995 apartamente in imobile preluate abuziv. Aceasta lege s-a dovedit abominabila tocmai pentru ca permitea oportunitati de imbogatire instantanee in favoarea unor persoane care au ocupat proprietati preluate abuziv, in cunostinta de cauza, fara a dezdauna in niciun fel persoanele prejudiciate. Doisprezece ani mai tarziu, in loc sa fie rectificata aceasta nedreptate, Parlamentul a imbratisat-o, a legiferat-o si a ridicat-o pe un piedestal in dauna victimelor comunismului.
29.Property Fund Plods Towards Listing Romanian government passed an ordinance last June that contains a series of measures that permit the speedy listing of the Fund with the Bucharest Stock Exchange, and created the basis for a temporary and official market for the sale of the Fund's shares until such time as the Fund is listed on the Exchange. Although it took another six months for any real progress to occur, since December 2007 an apparently genuine and purposeful effort has been made by the Fund’s Supervisory Board to bring about the listing of the Fund. But more speed and less sloth are still required. The Romanian Digest  reviews the events chronologically since the Government’s passage of the June 2007 Ordinance (“OUG 82/2007”).
30.Fondul Proprietatea in drumul spre listare In luna iunie a anului trecut Guvernul Romaniei a adoptat o ordonanta care prevede o serie de masuri ce permit accelerarea listarii Fondului pe BVB si crearea cadrului oficial si temporar al unei piete pe care vanzarea de actiuni sa se faca anterior listarii FP. Cu toate ca au trecut sase luni pana la aparitia unui real progres, incepand cu luna decembrie a anului 2007, un efort aparent a fost facut de catre Consiliul de Supraveghere in vederea listarii FP. Totusi este necesara o accelerare a procesului de listare. Articolul The Romanian Digest  face o trecere in revista a evenimentelor ulterioare intrarii in vigoare a OUG 82/2007.

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