Corporate governance in Romanian SMEs
Why corporate governance matters for Romanian SMEs For many small and medium-sized enterprises (SMEs) in Romania, corporate governance may appear to be a concern reserved only for large corporations. Yet in practice, it plays a crucial role in the stability and growth of smaller businesses as well. Governance provides a framework for how decisions are […]
How to structure a joint venture in Romania: legal considerations for domestic and international partners
Joint ventures (JVs) are a powerful strategic tool for businesses looking to expand into new markets, share resources, or combine complementary strengths. In Romania, both local and foreign companies increasingly use joint venture. They help leverage local knowledge, reduce risks, and navigate regulations. However, a joint venture succeeds not only through commercial alignment but also […]