National Union of Insolvency Practitioners of Romania*

By way of exception from the procedure provided in letter A, under the conditions of art. 24 para. (3) of GEO no. 86/2006, citizens of a member state of the European Union or of the European Economic Area, including citizens of the Swiss Confederation who have acquired the status of insolvency practitioner in one of these states, may register in the UNPIR Table, in order to practice the profession in Romania, without having to go through the examination procedure. UNPIR automatically recognizes the document issued by the competent authority of the respective state on the basis of which the applicant citizen legally practices the profession of insolvency practitioner.

All members of UNPIR, insolvency practitioners, natural persons or legal entities, are included in the Professional Table, available at the following link: https://www.unpir.ro/tablou.

By exception from the procedure provided for in points A and B, under the conditions of art. 24 para. (7) of GEO no. 86/2006, citizens of a Member State of the European Union or of the European Economic Area, including citizens of the Swiss Confederation, who have obtained the status of insolvency practitioner in one of these states, may temporarily or occasionally exercise the profession of insolvency practitioner. Temporary exercise of the activity consists in carrying out the activity for a limited period of time, which must be indicated by the applicant. Occasional exercise represents carrying out the activity of insolvency practitioner for a single debtor from the opening of the proceedings until their closure.

All UNPIR members, insolvency practitioners, natural or legal persons, are included in the Professional Table, available at the following link: https://www.unpir.ro/tablou

According to art. 24 paragraphs (1), (2), and (4) of GEO no. 86/2006 regarding the organization and exercise of the profession of insolvency practitioner, approved by Law no. 254/2004, with subsequent amendments and completions, natural or legal persons having the nationality of a Member State of the European Union or of a state belonging to the European Economic Area, including the Swiss Confederation, may obtain the status of insolvency practitioner according to the provisions of GEO no. 86/2006, under the same conditions as Romanian legal persons, under the following conditions:

Under the provisions of art. 24 paragraph (4) of GEO no. 86/2006, legal entities established in a Member State of the European Union or of the European Economic Area where they legally exercise the profession of insolvency practitioner may register in the UNPIR Register, for the purpose of practicing the profession in Romania under the conditions of this emergency ordinance, and the status of insolvency practitioner acquired in the state of origin is automatically recognized.

All UNPIR members, insolvency practitioners, natural or legal persons, are included in the Register of the profession, available at the following link: https://www.unpir.ro/tablou

According to art. 24 para. (1) and (2) of GEO no. 86/2006 regarding the organization and exercise of the profession of insolvency practitioner, approved by Law no. 254/2004, with subsequent amendments and completions, natural persons, having the citizenship of a member state of the European Union or a state belonging to the European Economic Area, including citizens belonging to the Swiss Confederation, may acquire the status of insolvency practitioner according to the provisions of GEO no. 86/2006, under the same conditions as Romanian citizens, under the following conditions:

a. to have completed university studies with a diploma issued by a higher education institution from Romania or another member state of the European Union, or a state belonging to the European Economic Area, recognized by the competent Romanian authorities, according to the law, certifying that the holder has completed the cycle of university studies in law or economic sciences and has at least 3 years of experience in the legal or economic field from the date of obtaining the higher education diploma;

b. is not in any of the cases of unworthiness provided by art. 25 of GEO no. 86/2006, respectively has not been convicted by final judicial decision for committing an intentional crime, likely to affect the prestige of the profession, including any corruption offense, as well as for the offenses provided by Law no. 31/1990 regarding commercial companies, republished, with subsequent amendments and completions, which determine the legal incapacity to acquire or hold the status of founder, administrator, member of the supervisory board, member of the directorate or director of a commercial company, and by Law no. 85/2006 regarding insolvency proceedings, with subsequent amendments and completions.

c. to be declared admitted to the examination for granting the status of insolvency practitioner,

d. to pay the examination registration fee in the amount provided by the Statute regarding the organization and exercise of the profession of insolvency practitioner (r5)

All members of UNPIR, insolvency practitioners, natural or legal persons, are included in the Profession Register, available at the following link: https://www.unpir.ro/tablou

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According to art. 24 paragraphs (1), (2), and (4) of GEO no. 86/2006 regarding the organization and exercise of the profession of insolvency practitioner, approved by Law no. 254/2004, with subsequent amendments and additions, individuals or legal entities having the nationality of a member state of the European Union or a state belonging to the European Economic Area, including the Swiss Confederation, may acquire the status of insolvency practitioner according to the provisions of GEO no. 86/2006, under the same conditions as Romanian legal entities, under the following conditions:

Under the conditions set out in Art. 24 paragraph (7) of GEO no. 86/2006, legal entities established in a member state of the European Union or of the European Economic Area where they legally practice as insolvency practitioners may register in the UNPIR Registry, for the exercise of the profession, temporarily or occasionally, in Romania, under the conditions of this emergency ordinance, with the quality of insolvency practitioner acquired in the state of origin being automatically recognized.

Temporary exercise of the activity consists in carrying out the activity for a limited period of time which must be indicated by the applicant. Occasional exercise represents carrying out the activity of insolvency practitioner for a single debtor from the opening of the procedure until its closure.

All UNPIR members, insolvency practitioners, natural persons or legal entities, are included in the Professional Register, available at the following link: https://www.unpir.ro/tablou