Bulboacă & Asociaţii has been awarded with the prize for performance in law practice in the banking and finance sector during the “Top Bankers” Gala, event organized by the media trust FinMedia on July 20 2010.

Muşat & Asociaţii assisted Petrofac, one of the major international players in the oil industry services, included in the FTSE 100 Index and listed on the London Stock Exchange with the symbol (PEC), in taking over the oil drilling operations in the Ţicleni area.

Salans Bucharest has advised German auto parts supplier Continental Aktiengesellschaft on the Romanian aspects of a euro-denominated bond issue with an aggregated value of 750 million EUR.

Bucharest, July 15, 2010. Salans (www.salans.com) has advised Lufkin Industries Inc. (NASDAQ: LUFK; www.lufkin.com), the Texas-based integrated oilfield equipment producer and services provider, on state aid incentives worth 28.1 mil. EUR for developing a greenfield manufacturing plant in Ploiesti, the company's first facility in Eastern Europe

The BRCC's quarterly newsletter, News & Views, July 2010 issue has been published today and is available to read and download here in pdf format. Enjoy!

Embassy of Romania – London/ On July 8, 2010, the Embassy of Romania in London has organized a ceremony marking the bestowal of an honour by the President of Romania, Mr Traian Băsescu, on The Rt. Hon. Lord Lamont of Lerwick.

Gheorghe Buta este noul coordonator al departamentului de Litigii & Arbitraj Musat & Asociatii

London, 23rd of October 2010 After two successful editions of the Conference for the Romanian Students, Professors and Researchers in the UK, the Embassy of Romania would like to continue the tradition and organize, on the 23rd of October 2010, its third edition. The event is organised under the patronage of the Embassy of Romania in London, the Ratiu Foundation and the British-Romanian Chamber of Commerce, with the kind support of ROMANi ONLiNE.

British Days in Romania Event Presentation - 30th June 2010 - Gala Dinner, annual photo competition, raflle and fundraising

La 1 an de la deschiderea traficului c?tre “116 111” din re?eaua de telefonie mobil? COSMOTE Romania, Asociatia Telefonul Copilului anunta extinderea semnificativa a furnizorii serviciilor de consiliere catre tot mai multi copii din România. Numarul „116 111” este gestionat de Asocia?ia Telefonul Copilului ?i ROMTELECOM, iar COSMOTE România este singurul operator de telefonie mobil? care ofer? tuturor copiilor afla?i în dificultate acces gratuit din re?eaua proprie c?tre serviciul care le este dedicat.

Romania's property market became a target for institutional investors following the country's accession to EU in January 2007. This led to significant profit-making for local and regional investors, who benefited from the systemic change of the 1990’s and the fast-paced value inflation that followed. Find out what current investors predict for the future, in the event report

Embassy of Romania-London/ The Ambassador of Romania, Dr Ion Jinga, paid an official visit to Scotland, between 22nd - 26th of June 2010. This is the Ambassador’s third visit to Scotland since he was appointed in March 2008, the previous two being dedicated to the opening of the Honorary Consulate of Romania in Aberdeen and to a better understanding of the needs of the Romanians living in the region

The launch of the BRCC's annual photo compeition introduced on the occasion of the Chamber's10th anniversary in 2008, has grown not only in quantity but also in quality during the last three years. Given the challenges imposed by the global economic crisis, showcasing what we as individuals, organisations and even countries, do best is more important and valid then ever. With that sentiment in mind, the BRCC is proud to have focussed this year's competition on Romania's vast contribution to the visual and performing arts and the talented winners demonstrate this characteristic very well.

Bulboaca & Asociatii successfully advised and represented a pharmaceutical company in connection with obtaining, through a final court decision, a reduction of approximately 70% of the fine imposed by the Romanian Competition Council to a pharmaceutical company in one of the most important anti-trust cases in Romania to date (with total fines applied to all parties involved exceeding EUR 30,000,000).

The Romanian Film Festival In London, 7th Edition, 2 - 4 July 2010, Curzon Mayfair cinema, 38 Curzon Street, London W1J 7TY ROMANIAN, ADJECTIVE, the 7th edition of the Romanian Film Festival in London, is happy to produce another viewing of the country’s most exciting and serious new talents. Thanks to Artificial Eye, we will open the festival with Corneliu Porumboiu’s POLICE, ADJECTIVE – a real treat for arthouse fans, in the company of the director. In acknowledgement of the greats from the past, we will also introduce the classic SAND CLIFFS, along with new work – short and long – from last year’s cinematic crop. Special guests from Romania will be attending selected screenings and connected events: director Corneliu Porumboiu, screen legend Victor Rebengiuc, veteran director Dan Pita, Bafta-winning actress Anamaria Marinca, actress Ada Condeescu, anthropologist Vlad Naumescu, producer Dan Burlac, film critic Magda Mihailescu, author and journalist Liviu Antonesei, historian Stejarel Olaru, TV producer Marian Voicu, and Ioana Voicu-Arnautoiu, guest speaker on the Romanian anti-communist resistance.

COBCOE's President, Howard Rosen's monthly article is available to read now....

14 June 2010 – Kinstellar, the leading independent law firm for Emerging Europe, announces the launch of an office in Istanbul, Turkey, to serve international clients investing into Turkey and Turkish clients investing abroad. The launch in Istanbul follows the recent opening in the Serbian capital, Belgrade, and underscores Kinstellar’s commitment to providing top class legal services to its clients across Emerging Europe.

Musat & Asociatii celebrates 20 years of legal practice, during which period it has made a paramount contribution to the establishment and development of the Romanian legal market, has pioneered new areas of expertise and has trained several generations of attorneys who may be found at present amongst the most reputed figures of the business law practice in Romania.

Bucharest, 7th of June 2010 - Athénée Palace Hilton Bucharest has finished the renovation works for Roberto’s on La Strada terrace and will start the refurbishment of its public areas on the hotel’s ground floor in June. The restaurants Brasserie and Le Bistrot, hotel lobby and Le Collonnade will undergo a facelift in different stages between June and August 2010. Roberto’s restaurant will follow towards the end of 2010. ANA Hotels S.A, the hotel’s owning company, invests a total amount of two million EUR into the upgrading of the hotel.

Asociatia Telefonul Copilului anunta cu mandrie castigarea premiului I la sectiunea "Apararea Drepturilor Omului" la Gala Societatii Civile, ce a avut loc aseara, la Ateneul Roman, eveniment care a ajuns in acest an la cea de-a VIII-a editie. “Anul acesta au fost inscrise in competitie 192 de proiecte, implementate de 136 de reprezentanti ai societatii civile”, asa cum se anunta in comunicatul emis de Millenium Communications.

KPMG and the Princess Margarita of Romania Foundation with support from BRCC, join forces to promote Corporate Responsibility. Bucharest, 26 May 2010 - KPMG in Romania and the Princess Margarita of Romania Foundation organized a joint conference to promote Corporate Responsibility today. The event was hosted at KPMG in Romania’s headquarters in Bucharest and aimed to create a momentum to progress.

An interview by Simona Bazavan, Business Review In spite of an economic crisis whose impact on the Romanian economy has lately seemed to be intensifying, British investors are continuing to strengthen their presence in Romania, capitalizing on the remaining local competitive advantages. Meanwhile Romanian companies are turning their attention to export opportunities to the UK, Anne-Marie Martin, CEO of the British Romanian Chamber of Commerce (BRCC), told Business Review.

Embassy of Romania-London/ In celebration of Europe’s Day, on the 8th of May 2010, took place the annual meeting of the Romanian Medical Society UK, event co-organized and hosted by the Embassy of Romania in London. The Agenda of the discussions included a welcome speech of the Ambassador of Romania, and presentations of Dr Wendy Kuriyan, MBBS, FFAEM, Emergency Medicine Consultant, Dr Roxana-Octavia Cărare, MD, PhD, Director MMedSc, Clinical Neurosciensies and Honorary Consul of Romania in Southampton, Dr Gabriela Frunză, Professional adviser of SMRUK, followed by a Q&A session. The event concluded with a piano recital by Alexandra Dariescu, a graduate of the Royal Northern College of Music in Manchester, and winner of several national and international contests, followed by a private view of photograpy exhibition made by the Romanian doctors living in the UK and a reception.

Deloitte announces the opening of registration for the Technology Fast 50 competition in Central Europe. The preeminent regional competition for companies in the technology sector, now in its 11th year, highlights both established and emerging technology companies in the region. Bucharest, May 11, 2010 – Today, Deloitte launched the Technology Fast 50, an annual competition which recognises and ranks the fastest-growing technology companies in Central Europe. Registration is open for this high-profile regional and industry award until July 9.

18-20 May 2010 – Romania participates with a national stand at the 30th edition of the London International Wine Fair www.londonwinefair.com, one of the most important specialty events held in Europe offering the chance for the importing companies, producers, agents, restaurant owners and all other in the business to meet and trade.

25 May 2010, 3–5 pm - To mark Europe’s Day, the Embassies of Romania and Austria are organizing a seminar about the new EU Strategy for the Danube Region. The European Council, not least due to the Romanian-Austrian initiative, invited the European Commission in June 2009 to develop an EU Strategy for the Danube Region. The European Commission is currently engaged in close consultations with all relevant partners and will present its draft of the Strategy to the European Council in December 2010. The main objective of the Strategy is to create added value, to make use of the whole potential of the region and to provide a framework for closer and sustainable cooperation and integration

News Release - Anca Buta Muşat, Partner Muşat & Asociaţii, is the sole Romanian lawyer winning an international award at the prestigious International Law Office (ILO) Client Choice Awards 2010, due to her distinctive experience in competition law and outstanding client recognition. The Client Choice Awards are based on a complex research process taking into account more than 2,000 individual assessments received from senior corporate counsel worldwide.

Full Romanian press coverage of the official visit of the Lord Mayor of the City of London to Romania

Lord Lamont, our Honorary President has been honoured by the President of Romania on 31st March with the National Order of Faithful Service in the rank of Commander. This is a well deserved recognition for his support of Romania and the BRCC over many years and we are delighted to be able to celebrate this achievement with him.

The “British Days” events introduced in 2008 to mark the BRCC’s 10th anniversary celebrations have established a precedent for an annual project and our 2010 edition will take place in Bucharest on 30th June 2010. To mark this year’s “British Days” in Romania, the BRCC has launched its annual art competition “Romania & the Arts”, a photographic account showcasing British-Romanian talent, which will be exhibited in Bucharest between 5-30 June 2010, and the winner of which will be announced and awarded at a charity fundraising Business Gala Dinner on the evening of 30th June 2010, at the Athenee Palace Hilton Hotel in the heart of Bucharest.

Light into Europe - working with sensory impaired children and young people 6 years ago, when we started this project as a continuation of our charity work here in Romania since 1990, we were supporting just 50 deaf children in one school. It is now over 3,000 children in 12 schools around the country and more than 500 families who benefit from our services.

12 April 2010 - Răzvan Stoicescu is promoted to the position of partner of Bulboacă & Associates Business law firm Bulboacă & Associates announces the appointing in the position of partner of attorney Răzvan Stoicescu. He will take over the new title as of April 15th 2010.

COBCOE Links - Spring 2010 issue is now avaialble to download

“Focus on Renewable Energy”, seminar recently organized by Musat & Asociatii, addressed key issues on renewable energy sector, such as State-aid schemes for clean energy projects, the status of European funds accessed in this sector, as well as practical issues regarding the controversy surrounding Law 220/2008.

Compania Passe-Partout Dan Puric susține dreptul fiecărui copil de a fi ascultat și de a avea posibilitatea să solicite oricând sprijin în situații de risc. Compania Passe-Partout Dan Puric se alătură, astfel, Asociației Telefonul Copilului în cadrul campaniei PIERDUT și sprijină demersul organizației de a aduna fondurile necesare pentru a întări capacitatea logistică şi umană a acesteia de a raspunde tuturor copiilor la 116 111. Spectacolul „TOȚI CINCI” prezentat la data de 24 martie 2010, ora 19.30, la Sala Rapsodia, str. Lipscani, nr. 53, se va desfășura în beneficiul Asociației Telefonul Copilului.

Expo Media aduce in prim plan cele mai eficiente metode de lucru ale specialistilor din Telesales la cea de-a II-a editie a Telesales Conference & Expo ce va avea loc pe 30 martie 2010, la Institutul National de Statistica din Bucuresti.

Clifford Chance advised the international banks Deutsche Bank, HSBC and EFG Eurobank as joint lead managers in connection with the EUR 1 billion Eurobond issue to be launched by the Romanian State through the Ministry of Public Finance. This is the largest offer of sovereign bonds issued by the Romanian State up to this date

Candole Partners launched its analytical practice in 2008. We have advised a number of FT Global 500 businesses on CEE market entry strategies and prepared numerous investment research reports in the energy, pharmaceutical and telecommunications sector

Asociaţia Telefonul Copilului lansează proiectul „Suntem aici numai pentru a te asculta!”, care îşi propune să identifice toate problemele cu care se confruntă copiii din regiunea Moldova. Demersul se va axa pe mediul rural şi va oferi atât părinţilor, cât şi autorităţilor posibilitatea de a interveni, pe de o parte pentru a permite prevenirea şi pe de altă parte pentru a ajuta la reducerea răspândirii situaţiilor de încălcare a drepturilor copilului. Sărăcia, locul de muncă în străinătate şi somajul părinţilor sunt principalele cauze ale abuzului asupra copiilor din regiunea Moldova, raportate în anul 2009 Asociaţiei Telefonul Copilului la 116 111.

Last week saw Britain’s largest ever gathering of Romanian construction managers and supervisors to discuss health and safety issues. More than 50 London-based Romanian construction professionals attended a Safety and Health Awareness Day organised by the Health and Safety Executive (HSE), held on 2 March.

BRCC's quarterly e-newletter is available to download

Events such as the Olympics and FIFA World Cup are appealing to emerging markets as a way to build global recognition and influence Bucharest, Romania – February 19, 2010 – Hosting major sporting and entertainment events, such as the Olympic and Paralympic Games, FIFA World Cup, and World’s Fair, is becoming increasingly attractive to emerging markets. Historically pursued by developed nations around the world, such events can elevate the host country or city’s global stature and accelerate its economic, political, and social development, according to the Deloitte Touche Tohmatsu (DTT) report “A Lasting Legacy: How major events can drive positive change for host communities and economies,” published during the 2010 Winter Olympic and Paralympic Games in Vancouver, British Columbia, Canada.

Bucharest, February 26, 2010. Salans has advised Franklin Templeton Investments Management Limited, the UK-based investment management company that is part of the global Franklin Templeton Investments Group, throughout the selection process for the management of Fondul Proprietatea.

Business in Romania: a country that's fast off the Bloc Two years of EU membership have transformed the business face of Romania and savvy UK firms are reaping the rewards. Paul Bray reports

February 17, 2010. International law firm Salans will open a new office in Brussels, Belgium, beginning of March 2010. The opening in Brussels will be Salans’ 22nd office and will offer trade, customs, antitrust, regulatory advice. Salans’ global footprint ensures that the new Brussels office will be a compelling attraction to both Salans’ and the new team’s clients, given the strategic importance of a Brussels presence to Salans’ global competition, EU regulatory and trade practice.

Ministrul Afacerilor Externe, Teodor Baconschi, l-a numit pe Gheorghe Răducanu în funcţia de consilier al ministrului Afacerilor Externe pentru problemele romilor de cetăţenie română din străinătate, miercuri, 10 februarie.

Zamfirescu Racoţi Predoiu completes its expertise area by introducing tax consultancy services, thus offering clients integrated services packages – legal and tax services

Brian Davies - Interview - Beyond Transylvania Magazine, January 2010

From 16 February 2010 you will be able to apply for your passoport direct to the UK’s Passport Production Centre (PPC) in Dusseldorf using a secure delivery service.

Bruno Coudry, Chief Operating Officer Accor Hospitality Central & Eastern Europe, was happy to announce on January the 1st, 2010 the appointment of Philippe H. Drivon as the first Managing Director of Accor Hospitality Romania. This comes in response to the challenges in Accor hotel brands and business model and in agreement with Yann CaillЀre COO of Accor Hospitality Europe, the Middle East & Africa, CEO Sofitel Worldwide, in charge of Hotel Design and Construction Worldwide

Ray Breden - Insight Magazine interview Feb-Mar 2010 issue

Habitat for Humanity's commitment to Haiti recovery

British founded accounting firm, Dunlop Mills, reports record growth on entering its 10th year in Romania

Anul 2009 a adus Asociaţiei Telefonul Copilului o creştere de 74,8% a numărului cazurilor înregistrate, comparativ cu anul 2008. A apărut astfel nevoia de a prelua tot mai multe apeluri la linia de asistenţă destinată copiilor 116 111, ceea ce a determinat Asociaţia Telefonul Copilului să lanseze campania PIERDUT. Acest demers îşi propune să sprijine organizaţia în adunarea fondurilor necesare pentru a întări capacitatea logistică şi umană a acesteia de a trata cât mai multe cazuri.

The British Romanian Chamber of Commerce in Romania has moved to new office premises from today, 11th January 2010. The new contact details are: In Bucharest, Etajul 1, Cam 107, IPCT Building, Str. Tudor Arghezi nr. 21, Sector 2, Bucuresti, Romania, and in London, 29th Floor, 1 Canada Square, Canary Wharf, London E14 5DY, United Kingdom

Urmatoarea pagina din site-ul "Roman in UK" v-a fost trimisa de ROMAN IN UK on-line newspaper ( redactie@romaninuk.net ). Se poate vizualiza apasand pe linkul: http://romaninuk.net/index.php?option=com_content&task=view&id=2458&Itemid=1  

Bulboaca & Asociatii SCA organized on November 20th 2009 at Athénée Palace Hilton Bucharest a seminar regarding practical competition law aspects to which attended many multinational companies’ representatives, present in Romania, as well as regional companies.

Conference of the Romanian students, teachers and researchers living in the Great Britain Embassy of Romania-Romania/ On 24 October 2009, the Embassy of Romania hosted the second edition of the Conference of Romanian students, teachers and researchers living in the UK. Currently, there are 3,500 Romanian students in the UK, joined by an impressive number of Romanian researchers and professors.

PRESS RELEASE Labour relations need to be more flexible and creative in a changing economic environment Bucharest, October 29, 2009 – The British-Romanian Chamber of Commerce (BRCC) held a business breakfast meeting on Thursday 29 October at the Howard Johnson Hotel, Bucharest. The subject discussed in this well attended meeting was “Labour relations in a changing economic environment”. The debate, moderated by Ray Breden, BRCC Deputy Chairman, emphasised the need for Romanian authorities and foreign and local companies alike to consider more flexible and structured solutions for labour related issues in a time of crisis.

Comunicat de presă - Bucureşti 22 octombrie 2009 Aviva plănuieşte transformarea business-ului din Europa Astăzi, 22 octombrie 2009, Aviva plc anunţă noua strategie de business a operaţiunilor sale din Europa (cu excepţia UK). Astfel, Aviva anunţă integrarea business-ului său din Europa* şi îşi propune să profite la maximum de oportunităţile de creştere oferite de zona europeană. Andrew Moss, directorul general Aviva plc, împreună cu Andrea Moneta, directorul Aviva Europa, vor prezenta planurile de business analiştilor financiari şi investitorilor, în cadrul unei întâlniri ce va avea loc azi la sediul central din Londra.

Marina Sturdza - extended official visit to Republic of Moldova

Bucharest, October 19, 2009. Salans Bucharest has promoted two new local partners, Tiberiu Csaki and Claudiu Munteanu-Jipescu. Their promotion comes as a result of their strong performance over the past years. Both are active in areas of practice that represent a source of growth for the firm in the current economic environment, including energy, restructuring and insolvency, litigation and arbitration, employment and loan work-out and restructuring.

The Romanian British Expo is pleased to announce Transavia as the new sponsor of the event’s Food Pavilion. The Expo is taking place on the 4th & 5th of November in London and there is already an impressive line up of industry representatives from both Romania and the UK.

Astăzi Aviva Asigurări de ViaŃă dă startul campaniei „Aviva premiază un stil de viaŃă sănătos” care îsi propune să îi determine pe români să îsi analizeze stilul de viaŃă si să constientizeze necesitatea de a avea un stil de viaŃă sănătos. Studiile efectuate în ultimii ani arată că foarte mulŃi români sunt îngrijoraŃi si preocupaŃi de starea lor de sănătate si de numărul mare de boli grave întâlnite în grupul de cunoscuŃi, prieteni sau familie. În acelasi timp puŃini sunt cei care au alocat fonduri special pentru astfel de situaŃii nefericite. Mai mult decât atât, cifrele statistice sunt îngrijorătoare: 250.000 de români mor anual, 52.000 din cazuri fiind afecŃiuni cardio-vasculare, iar 45.000 de cancer. În prezent, 200.000 de români sunt bolnavi de cancer, însă nici măcar jumătate dintre acestia nu reusesc să se trateze, iar pentru cei care o fac, tratamentul este foarte costisitor.

28/09/2009 - THE BRITISH ROMANIAN CHAMBER OF COMMERCE SEES STRUCTURAL FUNDS AS STRATEGIC KEY TO ECONOMIC GROWTH Wed, 14th October, 2009 Bucharest, September 24, 2009 –The British Romanian Chamber of Commerce (BRCC) organized one of its series of business breakfasts, which focused on the Romanian authorities’ need to increase awareness for deeper transparency in streamlining the structural funds accession measures in order to obtain a higher level of absorption. The European Commission has rated Romania the 5th in relation to payment levels. The event was held on Thursday, September 24th, at Intercontinental Hotel. Largely perceived as the cheapest, easiest and most effective way for the Romanian economy’s growth, structural funds are one of the biggest challenges on the agenda of the current public finances authority. The strategy outlined by the Ministry of Public Finance (MPF)’s representative, Secretary of State Bogdan Dragoi, the Guest speaker of the event, pointed out that it takes less time to observe proceedings between tender and the actual sign-off of the documents. The necessary time from sign-off to reimbursement needs further work to be reduced to a correct level together with the procedures related to the appeals process for unapproved applications. The talks revealed a vital reference point, stressed alike by Mr. Brian Davies, Chairman of BRCC and by Mr. Bogdan Dragoi. “Money and cash flow are the key to a sound economy, for future relevant investments to become possible, with direct support from the Ministry of Finance”, pointed out Brian Davies. Consequently, a sound Romanian economy needs a more flexible cash flow. The Ministry reiterated, through its representative Mr. Bogdan Dragoi, its commitment to consolidate and render the budget more transparent in order to make room for investments. By carrying out investments especially in infrastructure, you create growth. In the light of a medium term budgeting on investments and infrastructure issues, cost cut measures appear to be critical to the Ministry of Finance. Fiscal accountability legislation will be passed, focusing on greater predictability, particularly regarding infrastructure projects (that means guaranteeing project finance for at least 3 years). The International Monetary Fund (IMF) agreement has proven to be a very helpful safety net for Romania and has imposed the need for structural measures. Expected growth rates for Romania have been revised to around -8.5% with a 7.3% budget deficit with expected modest growth in 2010 of 0.5% and below 6% budget deficit. The fiscal authorities must first of all cap salaries increase and readjust public spending on salaries and pensions as part of GDP, as they are the biggest burden on the public budget. Restructuring them now will help adjusting expenditure. The big challenge is the budgetary gap between needs and resources and also the restructuring of the different levels of employment. One key solution to tackling some of the challenges ahead is the increased investment in Private Public Partnerships (PPPs), a field in which the ministry has recently promoted new guide. The PPP sector in Romania is still to be developed and the inroads have been made into this area with particular emphasis on 3 key sector - Infrastructure, Health and Education. Another initiative, in order to promote job creation and economic growth, was to amend the existing legislation regarding state aid schemes allowing for more flexibility in terms of eligibility criteria for Romanian companies and increasing the allocated budget for this scheme. As a conclusion, an increase in the level of expertise in Government departments is necessary so that there is a greater understanding of the practical issues which affect the business community at large About the British Romanian Chamber of Commerce The British Romanian Chamber of Commerce is a non-profit organisation, established in 1998. A registered company limited by guarantee and owned by its membership with the mission to use its good offices and activities to increase British-Romanian business and investments, to foster a better understanding between the two nations and encourage bilateral trade and industry, tourism, financial investment and cultural relations.

Consortium Bulboaca & Asociatii - Slaughter and May – was selected in order to ensure, on behalf of the issuer, legal assistance in connection with the transaction of sovereign Euro-denominated bonds’ issuance. The issuance of sovereign Euro-denominated bonds, which the Ministry of Public Finances intends to initiate, has an indicative value between Euro 500 million and Euro 1.5 billion. It is the second project of this kind, the above mentioned law firms offering legal assistance to Romanian State in connection with the last year eurobonds issue in amount of EUR 750 million. „We are very delighted that we were selected consecutively in what appears to be the largest eurobonds’ issue in the region. In this transaction the same team from last year will be involved, team which will be lead by Razvan Stoicescu - Managing Associate and the head of our capital markets’ department”, states Adrian-Catalin Bulboaca, Managing Partner of Bulboaca & Asociatii. Currently, Bulboaca & Asociatii is providing among others legal assistance to Schroders Investment Management Limited for establishing the strategy of Fondul Proprietatea S.A. for selecting the administration fund of its assets, estimated at EUR 4 billion. This year editions of the most prestigious European annuals of law firms include Bulboaca & Asociatii among top players on the Romanian market of business law. Thus, publications such as International Financial Law Review, Chambers & Partners Global, Chambers & Partners Europe or The Legal 500 include Bulboaca & Asociatii between the most important law firms in Romania regarding the domains: Corporate/mergers and acquisitions, project finance, banking and finance and capital markets. Also, Bulboaca & Asociatii attorneys are considered by the respective publications among the best practitioners in the analyzed domains. For more information Cristina Cazan Marketing Assistant Bulboaca & Asociatii SCA Direct Line: (40-21) 408 8912 Switchboard: (40-21) 408 8900 Fax: (40-21) 408 8911 Email: cristina.cazan@bulboaca.com Website: www.bulboaca.com Bucharest City Centre, 4th floor, 17 C.A. Rosetti Street, District 2, Bucharest, 020011 Romania

News release E078:09 21 September 2009 HSE LAUNCHES CAMPAIGN TO INFORM ROMANIAN CONSTRUCTION WORKERS A campaign is being launched today to inform Romanian construction workers based in London about on-site health and safety. Research has suggested that foreign workers are vulnerable to potentially dangerous working practices and the Romanian community is one of three nationalities receiving advice in particular. The new HSE campaign wants to get the message across to Romanian workers about the role of the HSE in helping to protect them using existing law and making them aware that they have just as many rights to a healthy and safe working environment as indigenous workers. Philip White, HSE’s Chief Inspector of Construction said: “We recognised that we needed to target health and safety information at some of the more vulnerable workers in construction. We have employed specialist outreach representatives from the Romanian community to get our messages across much more effectively to London-based workers. Reducing the risks faced by the most vulnerable enables all construction workers to work in safer conditions and we hope will minimise potentially dangerous incidents on site.” The campaign stems from HSE research into incidents on construction sites that identifies migrant workers as a particularly vulnerable group of construction workers. Carried out by Synovate, the research concluded that: • Migrant workers’ knowledge of UK health and safety standards is limited • HSE is virtually unheard of among migrant construction workers • The understandable desire by migrant workers to work hard and to stay out of trouble can lead to employers cutting corners on health and safety without being questioned. /more… As well as employing a Romanian outreach worker, health and safety information has been produced in different languages, for example wallet-sized cards, 40,000 of which will be distributed among the community. A dedicated phone line, online microsite and an email address have been set up so workers can call 0207-556-2200, email informatii@hse.gsi.gov.uk or visit www.hse.gov.uk/construction/romana with any queries. HE Dr Ion Jinga, the Ambassador of Romania to the UK, said: “We welcome the HSE initiative to raise awareness across the Romanian community on their health and safety rights, as the lack of reliable information is one of the causes putting Romanian workers at risk. Romanian workforce brings a significant contribution to public and private construction works in London and throughout the United Kingdom. Today’s campaign is a proof their presence could not be underestimated. ” Simon Hester, the HSE Project Manager, said: “We have had a very positive response from everyone we have talked to in the Romanian community so far. Our aim is a rapid and clear change in workers’ understanding of their rights and how to make complaints.” Notes to Editors 1. As well as Romanian workers, Polish and newly-arrived Indian construction workers are also being specifically advised. 2. Research indicates that there has been a large influx of migrant workers onto construction sites in London in recent years and despite only 6% of the national construction workforce being migrant workers, 40% of London’s construction workforce is from overseas. About 60% of the migrant construction workforce is based in London. 3. The three largest groups of migrant construction workers are Polish (25%), Indian (8%) and Romanian (6%). 4. Over the past two years the proportion of total construction worker fatalities involving migrant workers has remained largely the same (around 17%). The proportion of fatal accidents to migrant workers was 8% of the total in 2005/06 and a revised figure of 10% in 2006/07. 5. The HSE-commissioned research by Synovate (2009) that suggests foreign workers are vulnerable is available here (http://www.hse.gov.uk/aboutus/meetings/iacs/coniac/260309/report-vulnerable-workers.pdf). /more… Press Enquiries Clare Trenholm 0151 951 4974 Out of Hours 0151 922 1221 Public Enquiries HSE’s Infoline 0845 345 0055 Caerphilly Business Park, Caerphilly, CF83 3GG. HSE information and news releases can be accessed on the Internet http://www.hse.gov.uk

InterContinental Bucharest reopened the 21st floor, after six month of complete renovation and a multi - million investments. The new space includes the Fortuna Ballroom, the Hora Room and the Club InterContinental Lounge. The back of the house areas, including the kitchen were also completely renovated. The total size of the renovated area is 1325 square meters.

Adevarul Interview with Anne-Marie Martin, CEO, BRCC, published 4th Sept 2009

Brian Davies, Chairman of the BRCC gave an exclusive interview to the Business Standard newspaper in Romania on the eve of BRCC's British Days in Romania annual event, in which he shares his views on the impact of the world economic crisis on both Romania and the UK trading and investment activities.

We are delighted to announce our newly elected Deputy Chairman based in Romania, Raymond Breden. Ray is well known to most of the business community in Romania and is Director of Taxation Services with KPMG Romania SRL. Ray lives in Bucharest and is a tax expert working almost exclusively with foreign investors. Ray has considerable experience in assisting them in establishing their businesses in Romania. He worked with the Inland Revenue for 18 years, after which he moved into consultancy for 6 years, he then joined a multinational pharmaceutical company, initially as UK Director of Taxes, and subsequently was promoted to Corporate Tax Adviser with responsibility for Europe and Central and Eastern Europe. Joining KPMG Romania in early 2002, Ray is currently Director of Taxation Services in their Bucharest office and heads up training for the Central and Eastern Europe network of KPMG. Ray’s special interest, other than his family, is being a drummer in a rock band and we have had the privilege of being entertained by his band at our social events in Bucharest. Through KPMG Romania, Ray has been an active member of the BRCC, has been involved in the development of the Romania end of our operations and is an invaluably supportive, committed and dedicated member of the Board of Directors of the Chamber. We would also like to welcome two new members to the Board of Directors both based in Romania and will bring a wealth of professional and business experience to the Chamber Lucian Danilescu is a Partner of Zamfirescu Racoţi Predoiu Law Partnership since 2007. He has been Associate with Racoţi Predoiu since 1999. Lucian has a wide-ranging transactional practice, specializing in mergers and acquisitions and commercial corporate. His work has implied dealing with a large number of corporate clients active in various sectors of industries and business fields. He has worked extensively in major transactions for both private equity and corporate clients, being an expert lawyer for large-scale mergers and acquisitions and other cross-border operations. Also, Lucian has been involved in the implementation of sophisticated corporate structures, restructuring and corporate governance, as well as joint ventures and partnerships, and also participating in important privatization projects pertaining to companies acting in key sectors, including energy, naval industry, oil and gas. His wealth of business experience, valuable input in a wide range of legal matters, coordination and management skills, efficiency, initiative, innovation, real talent in identifying opportunities and finding solutions to every raised problem and question, are unquestionably the qualities that qualify him as a member of the BRCC Board of Directors. Patrick Desbiens joined GlaxoSmithKline in Romania in February 2009 as General Manager. He is responsible for leading all pharmaceutical activities for GlaxoSmithKline in Romania. He has direct people accountability of a team of more than 700 employees, annual revenues in excess of 200M Euros, including scope of activities ranging from clinical research, sales, marketing and distribution. GlaxoSmithKline is one of the leading bio-pharmaceutical companies in Romania, and around the world. GSK Romania is the owner of Europharm distribution, which is one of top 10 pharmaceutical distributors in the country. GSK also has an important pharmaceutical production facility in Brasov, which makes GSK one of the largest pharmaceutical manufacturers and exporters in Romania. GSK are a Founder member (one of the original founders) of the BRCC. 14th July 2009

“Outsourcing can reduce the costs of the companies with 10% up to 50%, helping also to increase the revenue and improve the services offered to clients”, said to NewsIn Mr. Dejan Grbic, Managing Director of Linea Directa Communications.

Following the success of last year’s BRCC British Days in Romania Photo Competition, the British Romanian Chamber of Commerce and Point Max, in media partnership with MTR Press and sponsored by BCR are launching their 2009 edition entitled “Romania’s Hidden Treasures” on 30th March 2009 adn the Awards Ceremony took place on 30th June 2009 at the British Days annual Business Dinner.

BRCC Sustaining Members - Bulboaca & Asociatii - will be fully operational starting on Monday 29 June 2009, after the fire at Millennium Business Center.

Badea Clifford Chance has successfully advised on yet another transaction in Southeast Europe, having recently assisted UniCredit Bank Austria and Yapi Kredi, one of the largest Turkish private banks, in connection with the EUR 101 million financing for the development of Optimum Shopping Center, located in Turkey.

BRCC MEMBERS’ INTERACTIVE ROUNDTABLE DISCUSSIONS 11 JUNE 2009 KPMG HQ, BUCHAREST The British Romanian Chamber of Commerce organised an EU Funding Opportunities workshop on 11 June 2009, at the KPMG conference room. Mr. Raymond Breden, a Director of the BRCC and Director of Taxation Services at KPMG Romania was the moderator of the event. The purpose of the meeting was to inform the members about EU funding opportunities in 2009 and beyond, and to provide a practical guide for EU funding accession. Mrs. Cristine Barbu, Manager, Advisory Services, KPMG, and Mrs. Irina Stanciu, Managing Partner, Byron Associates briefed the audience on several key issues and challenges that Romanian companies face in relation to accessing EU funds, as well as on some recent news regarding legislative amendments of interest in this respect.

3 June 2009. International law firms Salans and Pinsent Masons have launched a strategic alliance which will strengthen both firms' international reach and capacity to service large cross-border projects across a wide range of industries and markets in key business centres across Europe, the Gulf region and the Far East. Bringing together the skills of more than 1,800 lawyers across 18 countries, both firms believe the new alliance will provide an exciting capability to handle large-scale international projects. The benefits include increased resources for joint initiatives and access to sector-specific experts with local legislation knowledge.

Euroglobal Audit & Advisory Romania and LegalNet hosted the Seminar “Profit Tax vs. Microenterprises Tax Income. Practical Guide” Bucharest - May 27th 2009 – Euroglobal Audit & Advisory Romania (ex BKR Damianou & Partners SRL)continues in 2009 the series of partnerships also with LegalNet at the seminar " Profit tax vs. Micro-tax income. Practical Guide " held on 26 May 2009.

Bucuresti, 28 iunie 2009 - Baby Acorns, prima institutie din Romania care a a oferit servicii de ingrijire si educatie copiilor mai mici de 3 ani, intr- forma structurata, sarbatoreste 3 ani de activitate incununata de succes.

Novotel Hotel Bucharest's calendar of events

Press Release – May 2009 Kinstellar boosts its Romanian finance and corporate practices with appointment of new Partner and Counsel

Bulboacă&Asociaţii makes new promotions and adapts its strategy to the changes of the market

Badea & Asociaţii a fuzionat cu Clifford Chance

Euroglobal SEE Audit First Foreign Audit Company to receive Audit License in Montenegro

Salans recognised as Leading Law Firm in Central and Eastern Europe

British-Romanian Chamber of Commerce is encouraging cooperation between British nd Romanian companies to fight economic crisis Bucharest, April 28, 2009. British-Romanian Chamber of Commerce has hosted on Tuesday, April 28 2009, at the Crowne Plaza Hotel from Bucharest, a debate on the main challenges British and Romanian companies face in the context of the global economic crisis.

Badea Clifford Chance a asistat banca finanţatoare (o instituţie financiară internaţională) în legătură cu structurarea, documentarea şi executarea unei facilităţi de scontare de bilete la ordin în valoare de 140 milioane € acordată Romstrade SRL. Facilitatea are rolul de a asigura finanţarea Romstrade prin cumpărarea de bilete la ordin emise de către Compania Naţională de Autostrăzi şi Drumuri Naţionale din România către Romstrade pentru plata lucrărilor de construcţie şi reparare de drumuri.

The British Romanian Chamber of Commerce awards photos depicting “Romania’s Hidden Treasures” This year’s BRCC’s photo competition will be launched on 30 March in preparation for the 2nd year of “British Days in Romania” celebrations Following the success of last year’s BRCC British Days in Romania Photo Competition, the British Romanian Chamber of Commerce and Point Max, in media partnership with MTR Press and sponsored by BCR are launching their 2009 edition entitled “Romania’s Hidden Treasures”. Enthusiasts of photography aided by their sensitivity and artistic talents are invited to unearth Romania’s hitherto undiscovered landscapes, bountiful nature, the generosity, warmth and values of its people. The organisers welcome entries from amateurs and professionals alike, who are prepared to open the world’s eyes to the images of the beauty that represents Romania’s contradictory and luminous face.

Tuesday 24th March 2009, London, UK On 24th Marchl 2009, the British Romanian Chamber of Commerce has been granted the prestigious Chamber of the Year 2009 Award by the Council of British Chambers of Commerce in Europe (COBCOE). The announcement was made at the COBCOE annual conference Gala Dinner which took place at the Royal Automobile Club in London. The BRCC were presented with the award by the guest of honour, Sir Andrew Cahn, Chief Executive of UK Trade & Investment (UKTI), the UK Government organisation responsible for marketing the UK overseas, promoting British exports and attracting inward investment.

The business law firm Bulboacă & Asociaţii has promoted two of its Senior Associates - Iulia Toth and Cosmin Stavaru - in positions of Partners, reaching to a firm’s management team of six persons. Starting with the 1st of January 2009, the two have joined the other four partners - Adrian - Cătălin Bulboacă, Managing Partner, Corina G. Ionescu, Valentin Berea and Bogdan George Bibicu.

January 22, 2009 Euroglobal SEE Audit Limited hosted the BKR International Middle East Regional Meeting in Limassol, Cyprus from January 16th to January 19th, 2009. The meeting gathered BKR Member firms from countries of the Middle East including Israel, Saudi Arabia, and Lebanon as well as firms from South East Europe including Bulgaria, Serbia, Romania, Greece, and FYR Macedonia.

Salans a asistat ING Lease intr-o finantare de 75 de milioane de euro acordata grupului de societati Portico Investments. Prin intermediul acestui imprumut, ING Lease a refinantat o parte din investitiile grupului Portico din Ungaria, Cehia si Romania. In actualele conditii de piata, aceasta tranzactie reflecta atat importanta pe care ING Lease si Portico o acorda Europei Centrale si de Est, precum si recunoasterea Salans de catre finantatori si investitorii semnificativi..

Salans has advised Black Sea Global Properties Limited (“BSGP”), a subsidiary of Rompetrol Holding SA (“RP Holding”), on its mandatory recommended cash offer for Fabian Romania Limited (“Fabian”), a Jersey company listed on AIM and the Bermuda Stock Exchange and which focuses on real estate in Romania. BSGP initially built a 25% stake in Fabian before making a cash offer, recommended by the board of Fabian, of one Euro per share. This became a mandatory offer when BSGPL acquired a further 23% in the market after the offer announcement on 19 December. The offer values Fabian at approximately EUR € 50.8 million.

Anne-Marie Martin, femeia care modereaza relatia dintre mediul de business britanic si cel romanesc - Wall-Street.ro Interview

London Business Matters Article - Romania: Business in a high growth EU Economy Article written by Anne-Marie Martin for London Business Matters publication, November 2008

Clifford Chance, cea mai mare firmă de avocatură din lume, şi Badea & Asociaţii au anunţat astăzi că au agreat să fuzioneze.

The Romanian Government’s priority steps aimed at alleviating the impact of the crisis Bucharest, 19 November 2008 – On Tuesday, at the Crowne Plaza Hotel, the British Romanian Chamber of Commerce (BRCC) hosted a debated whose topic was the global economic crisis and the degree to which this could trigger an impact on Romania. Around 35 people from the business environment attended this debate, which analysed several of the Romanian economy’s sectors and aspects that might experience a potential risk when faced with the crisis, together with the steps taken into account by the Government in the first quarter of 2009, aimed at alleviating these effects.

The Embassy of Romania – London/ On October 24th, 2008, the Embassy of Romania in London hosted the Conference of the Romanian Students in the UK, the first event of this kind. The event was organised under the patronage of the Embassy of Romania in the UK, the Ratiu Foundation and the British Romanian Chamber of Commerce. The participants comprised of over 150 Romanian students, Romanian professors and researchers, coming from the most important universities in the UK.

21 October 2008, 3.30pm - 7.00pm, organised by the London Chamber of Commerce & Industry with support from the British Romanian Chamber of Commerce London, 21st October 2008, at the London Chamber of Commerce, 33 Queen Street, London, EC4R 1AP – the London Chamber of Commerce and Industry together with the British Romanian Chamber of Commerce have organised a seminar reflecting the opportunities and challenges of doing business in Romania. The event offered delegates the opportunity to hear and meet experts on the Romanian market and hear the latest update on business opportunities for UK companies and to listen to in depth case studies of companies already successfully trading with Romania.

23 October 2008, 09:30 – 14:00, organised by the British Romanian Chamber of Commerce With special support of International Business Wales and Crownford Ltd Cardiff 23rd October 2008, at Activation Suite, Village Hotel & Leisure Club, Cardiff – the British Romanian Chamber of Commerce have organised a seminar reflecting the opportunities and challenges of doing business in today’s Romania. The event offered delegates the opportunity to hear and meet experts on the Romanian market and hear the latest update on business opportunities for UK companies and to listen to in depth case studies of companies already successfully trading with Romania. Furthermore, the event offered the BRCC the opportunitiy meet the needs of regional micro enterprises in achieving their business development goals

Brian Davies: The Crisis Will Bring the Labour Force Back to Romania

On 24 October 2008, the Embassy of Romania is hosting, in 1 Belgrave Square SW1X 8PH, between 15:30- 21:30hrs, the Conference of Romanian students in the UK. The event is promoted on the website www.romanianstudents.co.uk

In recognition of the commitment with which she leads the British Romanian Chamber of Commerce and for the permanent support granted to BRCC Associate Member, the Princess Margarita of Romania Foundation, King Mihai I of Romania has awarded the BRCC CEO, Mrs. Anne-Marie Martin, the King Mihai I Medal for Loyalty, on 5 June 2008, a day with special significance for Romanians, who celebrated both the Ascension and the Heroes’ Day. The award was granted during a private ceremony, at Pelisor Castle , attended by former Foreign Affairs Minister Adrian Cioroianu, the Chairman of the Romanian Academy Ionel Haiduc, Academician Dan Berindei, Ambassadors, the Mayor of Sinaia town and the Brasov County Prefect. The event took place as part of the official return of His Majestyand the Royal Family to Peles Castle.

Plecata de la varsta de sase ani din Romania, Anne-Marie Martin nu a pierdut niciodata legatura cu tara natala....

A group of bilateral Chambers of Commerce (British, American, Italian, French and Netherlands) as well as the Foreign Investors’ Council and the Association of Romanian Businesspeople agreed to join forces in preparing a common position paper on the government’s draft.

Anne-Marie Martin: Familia m-a determinat sa-mi fac propria afacere