Cookies Policy

 

This Cookies Policy explains how and why SCA Bohalteanu &Asociatii (“BSMP” or “We”) uses on its website cookies and similar technologies and has been adopted by BSMP in accordance with the following laws andregulations:

  • EU Directive2002/58/EC concerning the processing of personal data and the protection of privacy in the electronic communications sector (Directive on privacy and electronic communications);
  • Law no. 506/2004 on the processing of personal data and the protection of privacy in the electronic communications sector, as amended by Law no. 235/2015 (“Law no. 506/2004”);
  • Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (“General Data Protection Regulation” or “GDPR”), as well as other applicable regulations at the European or local level, adopted in the context of GDPR.
  1. What are cookies and similar technologies?

A cookie is a small text file that a website saves on your computer, tablet or mobile device (the “Device”) when you visit the BSMP’s website. It enables the website to remember your actions and preferences over a period of time, so you don’t have to keep re-entering them whenever you come back to ourwebsite or browse from one page to another, as well as to improve your experience on BSMP’s website, to the extent you agree. These allows our website to recognize your device from those of other users of the website. The other tracking technologies used by BSMP work similarly to cookies and place small data files on your Device or monitor your website activity to enable us to collect information about how you use our website. Where we refer to cookies, we mean cookies or similar technologies.

  1. What are the different types of cookies?

Out of different types of cookies which may be used, our website only uses first party cookies that are also persistent cookies.

First party cookies are cookies that belong to BSMP and that BSMP places on your Device.

Persistent cookies are saved on your device for a fix period of time after you close your browser and are used where we need to identify you for a later browsing session. We use persistent cookies to improve your experience of using our website. This includes recording your acceptance to our Cookies Policy to remove the cookie message which first appears when you use our website. Persistent cookies also include first party cookies that can be used anonymously to save the interests of users, in order to deliver personalized adverts to users;

For the avoidance of doubts, we stress that our website does not use third party cookies.

  1. How long will cookies be stored on your computer?

The length of time that a cookie remains on your Device may vary significantly from 1 minute to 2 years. See also the section 8 on how to control cookies for more information on removing them before they expire.

  1. What type of information are stored and accessed through cookies?

Cookies store information in small text file that allows the website to recognize the browser. The webserver will recognize the browser until the cookie expires or is erased.

Cookies store important information that enhance the navigation experience on the Internet.

  1. Why do we use cookies?

BSMP’s website uses first party cookies, from Google Analytics and Cloudflare. These cookies are used (i) to gather statistical information about the usage of the website in order to continually improve the design and functionality, to understand how visitors use the website, and to assist us with resolving questions regarding the website and (ii)to identify trusted web traffic.

We will not use cookies for automated decision making processes or for creating profiles.

  1. What cookies do we use?

Essential or strictly necessarycookies are essential for the running of our website. Without these cookies, parts of our website do not operate correctly. These cookies do not track where you have been on the internet and do not remember preferences beyond your current visit and do not gather information about you that could be used for marketing purposes. Accordingly, we are not asking you for your specific consent for those cookies. For all other cookies, your informed consent is required.

Statistical cookiesallowus to customize this website to visitor requirements. We also measure the number of visits, the number of pages viewed, what visitors do on the site and how often they return to it. Our websiteuses Google Analytics for statistical purposes. However, your IP address has been abbreviated to guarantee your anonymity. We use these data to compile traffic analysis statistics that can be used to improve the site on the basis of the success of a particular page.

The table below contains a list of different type of cookies that may be used on our website, together with information regarding the storage period for each type of cookie used, their type and their source (if they are first or third party):

 

Name of cookie

Description

Is it necessary?

Who controls the information?

Expiry period

_ga

First party (Google Analytics)

More: https://developers.google.com/analytics/devguides/collection/analyticsjs/cookie-usage

No (for statistics only)

BSMP

2 years

_gid

First party (Google Analytics)

More: https://developers.google.com/analytics/devguides/collection/analyticsjs/cookie-usage

No (for statistics only)

BSMP

24 hours

_gat

First party (Google Analytics)

More: https://developers.google.com/analytics/devguides/collection/analyticsjs/cookie-usage

No (for statistics only)

BSMP

1 minute

_cfduid

First party(Cloudflare)

More:

https://support.cloudflare.com/hc/en-us/articles/200170156-What-does-the-Cloudflare-cfduid-cookie-do-

Yes

BSMP

1 year

 

 

  1. Why are cookies important for the internet?

Cookies are the central focus of the Internet’s efficient operation, helping to generate a friendly browsing experience and tailored to the preferences and interests of each user. Denying or disabling cookies can make some sites impossible to use.

Denying or disabling cookies does not mean you will not receive online advertising – but only that it will no longer be able to keep track of your preferences and interests highlighted by your browsing behavior.

Examples of important uses of cookies (which do not require authentication of a user through an account):

  • Offers tailored to users’ interests – password retention, language preferences (e.g., display of Romanian search results);
  • Provide more relevant advertising for the user;
  • Measurement, optimization, and analytics features – such as confirming a certain level of traffic on a website, what type of content is viewed, and how a user reaches a website (examples – through search engines, directly from other websites, etc.).

Websites run these analyzes of their use to improve sites for the benefit of users.

  1. How can you manage or opt out of cookies?

You can control and manage cookies in various ways. You can set your browser to accept or reject all, or certain, cookies. If you accept the use of all cookies, it will allow you to use all the functions of the website, without restrictions, but please keep in mind that removing or blocking cookies it can negatively impact your user experience and parts of our website may no longer be fully accessible.

For details on what your browser offers and how to configure your browser according to your choices, please go to the “Help” menu or other dedicated section of your internet browser. By way of example:

  1. Security issues

For security purposes, data passed between the web server and the browser in SSL encrypted and therefore, BSMP has implemented specific measures for protecting your personal data stored in cookies.

Cookies are installed through the request issued by a webserver to a browser (e.g. Internet Explorer, Google Chrome, Opera, Mozilla Firefox, Safari etc.) and are completely passive – they do not contain software programs, viruses, spyware and cannot access the information stored on the user’s hard drive.Cookies do dot consist of pieces of code, so they cannot be executed, nor can auto-execute. 

Cookies can still be used for negative purposes. Since they store information about your preferences and browsing history of users, both on a particular site and several other sites, cookies can be used as a form of Spyware.

Because through cookies information is constantly being sent between the browser and the website, in both ways, if an unauthorized person intercepts the flow of data, the information stored in cookies can be intercepted. Although rare, this can happen if the browser connects to the server through an unencrypted network (for example, an unsecured WiFi connection).

Other attacks based on cookies imply incorrect cookies settings on servers. If a website does not require the browser to use only encrypted channels, unauthorized persons can use this vulnerability in order to deceive the browser in order to send information through unsecured channels. The information is then used by the unauthorized persons for purposes to access various websites.

It is important to be aware in choosing the best method for protecting your personal information.

Generally, browsers have integrated privacy settings that provide different levels of acceptance of cookies, validity and automatically deleted after the user visited a particular site.

Here are some tips that can help you navigate effortlessly with cookies:

  • Customize your cookie browser settings to reflect a comfortable level for your cookie security;
  • If you share the computer access with another person, you can consider setting your browser to delete individual browsing data each time you close your browser. This is a way to access sites that place cookies and delete any visitor information when you close the browsing session;
  • Install and constantly update your anti-spyware applications;
  • Many of the applications for detecting and preventing spyware include detecting attacks on sites. This prevents the browser from accessing websites that could exploit browser vulnerabilities or download dangerous software;
  • Make sure your browser is always up-to-date. Many of the cookies-based attacks are exploited by exploiting the weaknesses of older browser versions.
  1. Further information and contact details

This website is owned and operated by BSMP.

We are registered in Romania under registration number, and our registered office is at Magheru One Building, 1-3 Magheru Blvd, 5th floor, District 1, postal code 010321, Bucharest, Romania.

Please contact BSMP if you would like more information on the cookies that we use and their purposes:

e-mail: [email protected]

  1. Amendments to this Cookies Policy

BSMP reserves the right to amend the Cookies Policy when it is required by the provisions of law or by changes introduced to the website. BSMP shall inform you on the changes and the date on which they become effective, in particular, by publishing a notification on our website.

 

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Partner Ionut Bohalteanu is a registered member of the Romanian Chamber of Tax advisers – the foremost member institution for tax advisers in the country. A highly respected tax adviser, he is equally proficient providing standalone tax advice, or on the tax elements of a large transaction. Most of his clients are international and come to him for standalone tax advice, as evidenced in the work matters detailed here.
Our team provides innovative solutions to real estate issues for overseas and domestic clients alike. Able to assist with evert stage of a property deal, there are strong synergies between our real estate, corporate and banking and finance practices. Our comprehensive knowledge of the Romanian property market has served our clients well and we are natural choice for any company in possession of, or seeking to acquire, real estate assets in the country. Please click here to see what our recent experience includes.
Partner Silvia Sandu is one of the foremost privacy and data protection experts in Bucharest, amply demonstrated by the experience detailed here.
BSMP has acted in some of the most important inbound Romanian transactions for international clients as well as in some of the most important domestic deals. Equally efficient on the buy or sell-side, our experience includes negotiating mergers, demergers and joint ventures with particularly robust expertise in the regulated sectors, particularly energy, where our knowledge of the complicated Romanian regulatory regimes comes into its known. The firm has also acted in the privatization of some of the most important Romanian companies with partner Ionut Bohalteanu being a recognized leader in the field. Please click here to see what our experience includes.
Partner Silvia Sandu is a leading healthcare and pharmaceuticals lawyer, having assisted a host of multinationals with their Romanian operations for a number of years. Please click here to see what her experience includes.
The firm’s energy expertise is market leading and it is one of our core sector focuses. We have acted for a raft of multinational companies in some of the most important inbound Romanian energy transactions. Our diverse sector experience has seen us leading on major oil and gas, power and renewables projects, as well as in developing, niche fields such as mini hydro power plants and solar technology. We are able to assist our energy clients with the full life-span of a project from inception to completion, and with post-completion issues including disputes. Please click here for a summary of our team’s first-class recent experience.
Our employment client roster is comprised almost entirely of multinationals, for whom we have achieved success in a huge range of matters from cross-border redundancies and unfair dismissal claims to resolution of non-compete and high-level confidentiality issues. Practice head Silvia Sandu also has some of the foremost life sciences sector expertise in the market, as demonstrated below. Please click here to see what recent mandates include.
Our dispute resolution practice, led by Gabriela Mina, is steadily carving a reputation as one of the most sought after teams in Bucharest through a string of high-profile successes for international clients and a caseload which includes some of the most high-profile domestic disputes. Please  click here to see what the team’s recent cases include.
The highly regarded international experience of partners Ionut Bohalteanu and Daniela Milculescu, co-heads of the corporate and commercial department, make our firm a natural choice for any company with business interests in Romania. Our sector experience is vast, covering multiple areas from high-end energy instructions for European and Chinese multinationals, to major Romanian mandates in the FMCG, real estate and technology sectors among others. Our work is most often very high-value in nature, particularly by Romanian standards, and we have acted on transactions up to €50m. We assist our clients with all aspects of corporate and commercial, as demonstrated  here .
Competition is a strongly developing practice at the firm, and one in which we are carving a robust reputation for high-level advice to international clients on issues of crucial importance to their operations. Our sector expertise is vast including, among others, the FMCG, software and pharma industries. Our experience is equally wide-ranging covering competition issues as diverse as identification of risk, assistance during investigations by the competition authorities, applications for state aid schemes and training on competition matters (including simulated dawn raids). Please click here to see some illustrations of what the calibre of our practice includes.
Capital markets is one of our firm’s core practice areas. Some of the biggest banks and companies operating in Romania have turned our team , led by Ionut Bohalteanu and Daniela Milculescu. Indeed, we count the Bucharest Stock Exchange itself as one of our clients in an ample demonstration of the high esteem in which our capital markets expertise is held. Equally proficient acting for banks, companies or international investment funds, our lawyers provide clients with one of the most adept offerings available in the market. Please click here to see what our recent experience includes.
Led by Daniela Milculescu, our banking and finance practice is one of the premier offerings in Bucharest. On the lender-side our experience has few equals in the market with a client roster which includes some of the largest banks operating in the region. Our expertise covers the full spectrum of the banking and finance space from big-ticket syndicated loans, acquisition finance and restructuring, to the feasibility of new banking products, asset finance and regulatory advice. Please click here to see recent illustrations of our market-leading capabilities.