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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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Proiect HG privind aprobarea Strategiei naţionale şi a Planului de acţiune pentru conservarea biodiversităţii 2026 – 2030

Stadiu: pe agenda Sedintei de Guvern in prima lectura, 16 iulie 2026
Initiatori:  Ministerul Mediului

02

Proiect de Norma ASF privind autorizarea furnizorilor de pensii private

Stadiu: publicare in consultare publica, 16 iulie 2026
Initiatori:  ASF

03

Proiect de Ordin pentru modificarea Ordinului ANPC nr. 72/2010 privind unele măsuri de informare a consumatorilor

Stadiu: publicat in consultare publica, 16 iulie 2026
Initiatori:  ANPC

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Proiect de HG pentru stabilirea categoriilor de date, a măsurilor tehnice și organizatorice de securitate a datelor prelucrate în cadrul platformei electronice WorkinRomania.gov.ro, precum și a evidențelor informatice deținute de instituțiile publice

Stadiu: MAI va organiza o dezbatere publica, luni, 20 iulie 2026, ora 10.00, la Sala Transilvania din incinta clădirii Guvernului României, 16 iulie 2026
Initiatori:  MAI

07

Decizia ICCJ nr. 67 din 4 mai 2026 (Completul pentru dezlegarea unor chestiuni de drept)

Stadiu: publicat in MO partea I nr 580, 15 iulie 2026
Initiatori:  ICCJ

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Stay ahead of what's already coming.

1

Your next regulatory challenge is already in draft form.

2

Decisions made without legislative intelligence are just expensive guesses.

3

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