INSIGHTS

BY GRAYLING

Grayling CEE Outlook 2026

As every year, we have prepared Grayling’s CEE Outlook report, outlining the key political, economic and regulatory developments businesses should be aware of in the year ahead. In this edition, our Public Affairs teams highlight the policy, regulatory and geopolitical shifts most likely to shape the operating environment in 2026 in Central and Eastern Europe. The region continues to adjust to a shifting geopolitical and economic landscape. Governments across CEE are balancing fiscal consolidation with rising defence spending, while navigating ongoing uncertainty shaped by Russia’s continued war against Ukraine, a more transactional United States, and visible strains within the European Union. Together, these factors point to a period of gradual strategic recalibration. If you would like a more in-depth discussion tailored to specific industries or markets, please do not hesitate to contact us. We also encourage you to share the CEE Outlook with colleagues who may find it useful for their strategic planning.

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LEGAL BRIEFS

BY TUCA ZBARCEA & ASOCIATII

Competition Law - Amendments to the investment screening regime in Romania

Government Emergency Ordinance No. 17 of 12 March 2026 (“GEO No. 17/2026”) was published in the Official Gazette No. 199 on 13 March 2026. It amends and supplements several legislative acts, including: (i) Government Emergency Ordinance No. 46/2022 on measures to implement Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union, and amending and supplementing Competition Law No. 21/1996 (“GEO No. 46/2022”); and (ii) Competition Law No. 21/1996 (the “Competition Law”). Relevant highlights: • The examination fee is reduced from EUR 10,000 to EUR 5,000; • Increased materiality threshold triggering the notification obligation under GEO No. 46/2022; • Single notification procedure for multiple transactions between the same parties within one year; • Aggregation of interdependent transactions carried out over the course of a year which, individually, fall below the threshold of EUR 5,000,000 and notification of such transactions once the materiality threshold is exceeded; • Conditional exemptions from the notification obligation for certain internal restructurings or reorganisations; • Amendment of GEO…

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Regulatory Radar

01

Proiect de Lege pentru aprobarea OUG 38/2026 pentru modificarea și completarea unor acte normative, B288/2026, L321/2026

Stadiu: adoptat in Plenul Senatului, 26 mai 2026
Initiatori:  Guvernul

02
03

Propunere legislativă pentru pentru modificarea şi completarea Legii nr.506/2004 privind prelucrarea datelor cu caracter personal şi protecţia vieţii private în sectorul comunicaţiilor electronice, B134/2026, L256/2026

Stadiu: Raport negativ Comisia Juridica si Comisia pentru Comunicatii, 28 mai 2026
Initiatori:  Rodica Plopeanu - deputat neafiliat

04

Legea 87/2026 pentru completarea OUG 119/2006 privind unele măsuri necesare pentru aplicarea unor regulamente comunitare de la data aderării României la UE, Pl-x 6/2026, B199/2026, L220/2026

Stadiu: promulgata de Presedintele României, 28 mai 2026
Initiatori:  Ministerul Justitiei

05

Propunere legislativă pentru modificarea și completarea Legii nr.272/2004 privind protecția si promovarea drepturilor copilului, B183/2025, L231/2025, Pl-x 360/2025

Stadiu: Președintele României, Nicușor Dan, a trimis Curții Constituționale o sesizare de neconstituționalitate, 28 mai 2026
Initiatori:  Florin Claudiu Roman, PNL; Gabriel Andronache, PNL; Voicu Vuscan, PNL; Raluca Turcan, PNL

06

Propunere legislativă pentru modificarea și completarea Legii nr.189/1999 privind exercitarea inițiativei legislative de către cetățeni, B168/2026, L284/2026

Stadiu: Raport negativ, Comisia Juridica, 28 mai 2026
Initiatori:  Dumitru Coarna, deputat neafiliat

07

Noutati economie digitala - Daily Digest 28.05.2026

Stadiu: -  
Initiatori:  Guvern, Ministerul Finantelor, ANOFM, CNA, DNSC, ANCOM, Posta Romana, INS, Senat, Eurostat, European Commission  

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