The future of cross border mergers in the light of the new European Union provisions. Their implementation in Romania

Abstract

Seeing the new Directives that modified Directive no. 2017/1132 of the European Parliament and of the Council of 14th of June 2017 relating to certain aspects of company law (herein after the Directive), one can't help but wonder how much of the Romanian legislation will need specific modifications in order to comply with the future provisions, in the field of cross border mergers. As of the end of last year, the new provisions of the Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 (herein after the Amending Directive) have entered into force and therefore we may conclude that regarding cross border mergers, the Directive itself is amended and will thus bring modifications to the national legislations in place.

Keywords

• directive no. 2017/1132
• cross border merger
• european union
• romanian legislation
• future amendments to law no. 31/1990