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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

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Communication - Fair labour mobility package - COM(2026) 970 final

Stadiu:  Adopted by the European Commission, 15 September 2026
Initiatori:  European Commission

03

Proiect de Lege privind modificarea si completarea Legii 287/2009 Codul civil, modificarea si completarea Legii nr. 134/2010 privind Codul de procedura civila, B289/2026, L401/2026

Stadiu: Raport negativ, Comisia Juridica, 16 septembrie 2026
Initiatori:  Larisa Enachi - deputat neafiliat

04

Revision of the Union Customs Code - COM(2023) 257 final; COM(2023) 258 final; COM(2023) 259 final

Stadiu:  The European Parliament gave its final approval, 16 September 2026
Initiatori:  European Commission

05

Propunere legislativă pentru compensarea financiară a consumatorilor de credit prejudiciați ca umare a unor practici anticoncurențiale, B399/2026, L447/2026

Stadiu: Aviz favorabil fara amendamente Comisia Juridica, 16 septembrie 2026
Initiatori:  Daniel-Catalin ZAMFIR, PSD

06

Regulament ASF 8/2026 pentru modificarea lit. c) a art. 3 din Regulamentul ASF nr. 11/2018 privind aplicarea unor prevederi ale art. 104 din Legea nr. 126/2018 privind piețele de instrumente financiare

Stadiu: publicat in Monitorul Oficial Partea I nr. 787, 16 septembrie 2026
Initiatori:  ASF

07

Propunere legislativă pentru modificarea și completarea Legii nr.134/2010 privind Codul de procedură civilă, B326/2026, L433/2026

Stadiu: Raport negativ, Comisia Juridica, 16 septembrie 2026
Initiatori:  Pascalini Nini-Alexandru - deputat SOS

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