Divizarea -

: The management of the companies involved must draw up a "Proiect de Divizare." This document details the asset distribution, the exchange ratio of shares, and the date from which transactions are attributed to the new entities.

: Creditors generally have a 30-day window to oppose the division if they believe it jeopardizes their claims. Divizarea

: Under Romanian law, employees' rights are typically protected, and their contracts are transferred to the new employer. : The management of the companies involved must

Incorporations - Oficiul Național al Registrului Comerțului the exchange ratio of shares

: Precise documentation is required to show exactly which assets and liabilities move to which entity to avoid future legal disputes.

: The project must be filed with the National Trade Register Office (ONRC) and published in the Official Gazette to inform creditors and stakeholders.