ONJN Change of Control & License Transfers
A share sale, a group reorganization or a new director in a licensed Romanian gambling company involves ONJN. We plan the notifications and approvals, prepare the documents for the new persons and build them into the deal.
Updated 28 October 2026 · General information, not legal advice
What the work covers
Mapping
Which changes require notification and which need prior review.
Documents
Fit-and-proper documents for new shareholders, UBOs and managers.
Timetable
Aligning signing, ONJN steps and closing.
Group changes
Intra-group reorganizations and their regulatory effect.
- Indirect changes. Changes higher up the group can still count as a change for the licensee.
- Timing. Missing a notification deadline can lead to sanctions.
- Licenses are personal. Licenses do not transfer with assets; a share deal is the usual route.
- Regulatory roadmap
- ONJN filings
- SPA conditions and covenants
Can a Romanian gambling license be sold?
The license itself is personal to the holder. Buyers usually acquire the licensed company, which requires ONJN to be informed and to assess the new owners.
Does an indirect change of ownership need to be reported?
Changes in the ultimate beneficial owners must be reported, even when the licensed company's direct shareholder stays the same.
Tell us the decision you need to make
Describe the transaction or regulatory issue, the Romanian assets involved and your timetable.
Consultation