News

Muşat & Asociaţii received “The Law Firm of The Year in 2011” award at the “People of the Year 2011” Gala, organized by the sole English daily publication in Romania, Nine O’Clock. Nominated along with 5 other law firms, Muşat & Asociaţii gained the jury’s appreciation for its strategic vision proved in an increasingly demanding business environment.

The British Romanian Chamber of Commerce is delighted to offer their support to Investors in People Romania in promoting the Investors in People Standard in Romania. Investors in People is an internationally recognized British tool for business improvement, developed over the last 20 years, and working in 75 countries across the world. The benefits of Investors in People recognition range from increasing overall performance of an organisation, its financial results and profitability, to improving motivation and employee engagement, productivity, ideas and innovation, and quality and loyalty.

HE Minister Predoiu outlined the importance and effects of the new Civil Procedure Code for business and other aspects of the new legal framework that will come into force in Romanian imminently.

Nearly half (48%) of the 1258 CEOs polled worldwide believe the global economy will decline even further in the next 12 months, according to PwC’s 15th Annual Global CEO Survey. Just 15% said the global economy will improve during 2012.

The law firm of Bulboaca & Associates is delighted to announce two new partners: Ioana Radu Motofei and Costin Teodorovici. The decision brings the number of partners at the firm to eight. At the same time, three lawyers were promoted to Senior Associate - Raluca Ciocârlan, Voichita Lefter, and Diana Mihaela Teodorescu.  

2012 will be yet another critical year for the Romanian electricity sector. In the short term, it must cope with the sluggish recovery of electricity demand after the 2009-2010 drop in consumption and the spiking of wholesale electricity prices above EEX’s German prices caused by last year’s drought.

According to PwC’s new annual Gold Price Report, 80% of mining companies expect the price of gold to continue to increase this year, with the majority of respondents expecting gold to peak at US$2,000 per ounce in 2012.

We are writing to wish you all a very happy New Year and to update you on NESsT's accomplishments and impact in 2011, and plans for 2012. Now more than ever, in these difficult economic times, marginalized communities in emerging markets need our support. Unemployment rates for people with disabilities, minorities, and at-risk youth are at an all-time high.

Embassy of Romania – London/ On December 31, 2011, with the occasion of the New Year, Her Majesty Queen Elizabeth II of the United Kingdom of Great Britain and Northern Ireland bestowed distinctions and honorary titles to a list of British personalities who made themselves renowned during the 2011.

As you all know, there have been a number of changes to the Board of Directors of the BRCC and we have put together a programme for 2012 that we hope will provide something for everyone. Our Business Breakfast Brifings will resume later this month, and our first guest speaker is the Minister of Justice Catalin Predoiu.