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

Propunere legislativă privind abrogarea legii 133/2019 pentru înființarea Agenției pentru Calitatea și Marketingul Produselor Agroalimentare, B87/2025, L116/2025, Pl-x 175/2025

Stadiu: pe ordinea de zi pentru raport, Comisia pentru Agricultura, 24 martie 2026
Initiatori:  Sebastian Cernic - USR

02

Proiect de lege privind aprobarea Ordonantei de urgenta a Guvernului nr.73/2018 pentru completarea art.1 din Ordonanta de urgenta a Guvernului nr.109/2011 privind guvernanta corporativa a intreprinderilor publice - PL-x 559/2018

Stadiu: pe ordinea de zi pentru raport, Comisia pentru Industrii, 24 martie 2026
Initiatori:  Ministerul Economiei

03

Propunere legislativă pentru protecţia minorilor împotriva riscurilor utilizării reţelelor sociale, B151/2026

Stadiu: pe agenda Comisiei pentru Constitutionalitate, 24 martie 2026
Initiatori:  Macovei Ilie Simona-Elena - deputat S.O.S. România

04

Proiect OUG pentru modificarea și completarea unor acte normative din domeniul protecției consumatorilor [Distance Marketing of Financial Services Directive 2023/2673 & Greenwashing Directive 2024/825]

Stadiu: Adoptata in Sedinta de Guvern, 19 martie 2026
Initiatori:  Ministerul Economiei, Digitalizarii, Antreprenoriatului si Turismului

05

Propunere legislativă pentru completarea OG 22/2002 privind executarea obligațiilor de plată ale instituțiilor publice, stabilite prin titluri executorii, B107/2026

Stadiu: Aviz negativ Consiliul Fiscal, 20 martie 2026
Initiatori:  Deputat PNL Patricia-Simina-Arina MOS; Deputat PNL Bogdan-Iulian HUTUCA; Deputat PNL Gabriel ANDRONACHE; Senator PNL Gheorghe-Ioan BOTA

06

Propunere legislativă pentru completarea art.729 din Legea nr.134/2010 privind Codul de procedură civilă, B103/2026

Stadiu: aviz negativ Consiliul Economic şi Social, 17 martie 2026
Initiatori:  Doru-Lucian Musat, AUR

07

Decizia CCR nr. 249 din 15 mai 2025 referitoare la excepția de neconstituționalitate a dispozițiilor art. 47 alin. (4)-(7) din Legea nr. 207/2015 privind Codul de procedură fiscală

Stadiu: publicat in Monitorul Oficial Partea I nr. 215, 19 martie 2026
Initiatori:  CCR

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