The Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania (CCIR Court) has introduced revised arbitration rules, effective January 1, 2025. These updates aim to enhance efficiency, align with international best practices, and respond to evolving business needs.

The Romanian High Court’s binding decision of 17 June 2024 clarified that only NGOs explicitly authorized by law can administer institutional arbitration in Romania, addressing conflicting case law and excluding international arbitral institutions and chambers of commerce from its scope.