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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

01

Propunere legislativă privind unele măsuri fiscal-bugetare, precum și pentru modificarea și completarea unor acte normative, B446/2026, L454/2026, Pl-x 527/2026

Stadiu: raport preliminar favorabil, in forma adoptata de Senat, Comisia pentru transporturi; avize favorabile, Comisia pentru politica economica si Comisia pentru industrii, 31 iulie 2026
Initiatori:  Abrudean Mircea - senator PNL; Fenechiu Cătălin-Daniel - senator PNL; Horga Maria-Gabriela - senator PNL; Huţucă Bogdan-Iulian - deputat PNL

02

Propunere legislativă privind anularea unor obligații fiscale stabilite ca urmare a anulării înregistrării în scopuri de TVA, B192/2026, L315/2026, Pl-x 510/2026

Stadiu: inclus pe ordinea de zi a sedintei extraordinare de plen, 30 iulie 2026
Initiatori:  Adrian Echert, deputat USR

03

Ordin CNAS 1.387/2026 pentru modificarea Ordinului CNAS 2.191/2024 - 29.05.2026 – Lista preturilor de referinta (pentru A, B, C1, C3 si D) valabila de la 01.08.2026

Stadiu: publicat pe pagina CNAS, 31 iulie 2026
Initiatori:  CNAS

04
05

Propunere legislativă privind aprobarea Strategiei naționale și a Planului de acțiune pentru conservarea biodiversității 2026-2030, B447/2026, L455/2026

Stadiu: prezentare în Biroul permanent; Senatul e prima Cameră si înregistrat la Senat pt. informare, procedura de urgență solicitată de inițiator a fost aprobată, 29 iulie 2026
Initiatori:  Diana Stoica, USR; Glad Aurel Varga, PNL; Sorin Sipos, USR

06

[Codul Urbanismului] Proiect de lege pentru aprobarea Codului amenajarii teritoriului, urbanismului si constructiilor, B214/2023, L195/2023, Pl-x 418/2023

Stadiu: adoptat de Senat, 30 iulie 2026
Initiatori:  Ministerul Dezvoltarii, Lucrarilor publice si Administratiei

07

Propunere legislativă privind decarbonizarea sectorului de încălzire şi răcire, precum şi pentru modificarea şi completarea unor acte normative, Pl-x 522/2026, L462/2026

Stadiu: adoptat de Senat, 30 iulie 2026
Initiatori:  Burduja Sebastian Ioan, PNL

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