Open a RisCo account

By accessing www.risco.ro (RisCo), you agree with the Terms and Conditions listed below ("the Agreement"). These are the terms and conditions under which you are allowed to use the RisCo portal and its sub-domains, as well as the content and / online services available on it, the newsletters, databases and other information as displayed or transmitted through the RisCo system (herewith called collectively "the Services").

By further using our services, you agree to abide to the Terms and Conditions of this Agreement. If you don't agree to these Terms and Conditions, RisCo is not in the position to offer you access to its services, and accordingly please do not further access these services any longer.

RisCo can modify on occasions parts of this Agreement, at its full discretion.You will be informed about those changes and the new form of the Agreement through the website, when entering your personal account. If you don't accept the changes to the Agreement, you will not be able toaccess our services any longer. You are therefore advised to read from time to time the Agreement, in order to be updated with the changes. By using the Services, you agree with the changes that occurred within the Agreement.

Some of the Services offered or part of them might be governed by supplementary conditions of use, which are properly described on the respective pages or in the contract drafts as displayed on the website. Your agreement to the general conditions include an agreement to the special conditions. If they are in conflict, then the specific supplementary conditions have priority against the general conditions as set in this document.

The Users can sign contracts with Risco Servicii Financiare SRL for some services offered through the website, which contain specific particular or negotiated conditions. If such conditions are in conflict with the provisions of this Agreement, then the contracts signed between parties will prevail.

RisCo represents an online service offered through the website www.risco.ro and its sub-domains, allowing for clients to get reports, data and information about the financial and legal standing of Romanian companies.

5.1. Propriety By using the Services, you understand and agree that the texts, information, data, graphics, images, audio recordings, videos, drawings, general organization, compilation, meta data, advertisements and all other elements that can be intellectually protected ("The content") made available through the Services are the property of RisCo, of those who advertise or of third parties, hereinafter referred to by the generic term of "Information Providers" and are protected by copyright and intellectual property laws.

5.2. Registered trade mark RisCo - Verificare Monitorizare Firme este marca inregistrata a Risco Servicii Financiare SRL conform Certificatului de inregistrare a marcii nr 129973 emis de Oficiul de Stat pentru Inventii si Marci din data de 01.11.2013.

SellNet is a registered trade mark of Risco Servicii Financiare SRL according with the Trade Registration paper no 153059, issued by the National Office for Inventions and Marks on 16.04.2018..

5.3. General limitations of use. With the exception of the case when you have our prior consent, you don't have the right to reproduce, sell, publish, distribute, transmit, broadcast, display, offer or exploit for commercial purposes, the Content available through these Services, with the following exception: if we offer you email or other type of transmission Services associated to a certain article of the Services, you can use the email or otherwise transmission, in order to distribute the information to other people.

5.4. Modification of Content. You agree not to modify or re-arrange the Content. You agree not to use parts of the Content, titles or pieces of it in order to be used within another website or service, or to use the Content to commercial purposes. You agree not to try to upload, display or send any Content offered by the Services to blogs, groups, email lists, electronic newsletters, withe the exception of Services offered by RisCo (for example of RSS Feed type), or only after we provide you our written consent to do so.

5.5. Public Information. In accordance with the legislation in force, RisCo has the right to display and use any public information as long as there is no normative act that restricts / limits / prohibits this.

6. User Accounts. Traffic generated by Users. Confidentiality.

6.1. In order to gain access to certain functionalities and Services, you need to be registered as a Client ofthe www.risco.ro portal (to open a Client Account). When registering, you need to offer real and complete information about yourself as requested. Any information you complete during the registration process or we obtain during your registration is ruled by the principle of data confidentiality. When you register, you need to use a user name and a password, which are unique.

6.2. We reserve our right to refuse allocating to you a user name and a password, should we consider that the user name represents a personification of someone else, or either the user name or the password are not appropriate. It is your responsibility to chose an appropriate password.

6.3. Risco.ro is exonerated by any liability in case another person is using your identity for the Services. In case you have such suspicion, or if you have any evidence that another person is using your password without your consent, please contact immediately the support service of Risco.

6.4. RisCo uses different systems to determine if the traffic performed by users is generated by the usual activity of the respective person, if the traffic exceeds the normal usage capacity of a person or if the traffic is generated by automatic systems.

6.5. Users accept that in the case of suspicions of excessive use or data retrieval through computer systems, RisCo will automatically introduce specialized programs to verify the human character of the operator (CAPTCHA or other types of systems) on the website pages through to determine whether the user is a person or a computer program.

6.6. The number of accesses considered to be of a human nature, respectively performed by a person who uses the site for normal daily activity, is 5 requests / minute or 300 requests / hour or 500 requests / day. If these values are exceeded, the user account will be automatically blocked. Users who want a higher frequency than the one mentioned can request the provision of services through API systems.

6.7. RisCo will block the access of any User to the services provided to the extent that it finds that he/she initiates and runs processes of scanning the site, as well as any other processes of automatic collection of the information presented on the site.

6.8. Users expressly agree not to use applications, programs or any other IT means to access the information presented on RisCo. The use of the RisCo site by launching successive processes, through the User's applications/programs, before the completion of the previously launched process, will be considered and treated as a "Denial of Service" attack or similar.

6.9. Users expressly accept not to initiate or deploy any actions that could restrict the free access of any other users to the Risco.ro platform, or the proper use of the Services.

7. Paid Services. RisCo Credits

7.1. RisCo provides two types of services: Free Services , which can be accessed and used unlimited by any user, and Paid Services , which can be accessed and used unlimited by any user, and Paid Services, which can be accessed only based on a price paid for the respective service.

7.2. All Services offered, Free or Paid, are made available to Users with the aim of being used in daily activity, taking into account a normal level of use. The information and data displayed on the site are NOT offered to be copied or accessed through computer or other systems. Copying or downloading data can be done through the "Export" or "API" services specially designed for this purpose.

7.3. RisCo Credits are account units that are registered in each user's account and that allow the use of any RisCo Service that is not free.

7.4. The price of RisCo Loans is permanently displayed on the website www.risco.ro.

7.5. RisCo Credits are valid for 12 months from the date of their purchase. When their validity expires, the system automatically deletes all Credits existing at that date in the user's account.

7.6. For the purchase of RisCo Credits, it is not mandatory to conclude a contract between the parties. Their purchase and use can be done on the basis of the fiscal invoice that is issued after the purchase of Credits. However, any user can request to sign a contract for RisCo services and products.

7.7. Recurring Subscriptions are RisCo service subscriptions, for which payment is made monthly through RisCo Credits, and their payment is made by automatic debiting of the card saved in the user account. The user has the possibility to access, stop or resume these subscriptions at any time from his account.

7.8. The contract for RisCo services and subscriptions is standard and can be accessed at any time at Risco Contract

7.9. Issuance of fiscal invoices for the services provided and for RisCo Credits is done only in electronic format. In accordance with Law 227/2015 Art 319, para. 4 and 24, the users of the website www.risco.ro and the beneficiaries of all the services provided by Risco Servicii Financiare SRL expressly accept that tax invoices will be issued only in electronic format, and their transmission is done only by email to the address used to open the user account.

7.10. Invoices sent by email according to art. 7.8 and uncontested within 5 (five) days from transmission are considered to be accepted for payment by the User.

7.11. RisCo will send automatic messages, with a frequency of 5-7 days from the date of issuing the invoices, to remind you to pay the due invoices. The system will automatically stop sending these messages when the invoices are paid. Users do not have the possibility to unsubscribe from these messages.

7.12. After 15 days from the date of issuing an unpaid invoice, the system will automatically issue an Order for Payment and will block the user's access to the services offered. In the case of companies, the system will block the access of all users registered on the respective company, both for existing ones and for newly opened accounts. Accounts and associated services will be unlocked automatically after paying the due invoices.

7.13. In accordance with Law 72/2013 on the payment of penal interest, in case of non-payment of the invoice until the expiration of the term established according to the signed contract or the issued invoice, the Client is legally in arrears, without the need to fulfill any other formality and will owe late penalties for each calendar day of delay, calculated on the total value of the invoice, until the date of full payment of the amounts owed to RisCo. According to Art.3. paragraph (3) the penal interest runs from 30 calendar days from the date of receipt by the debtor of the invoice or any other such equivalent request for payment, and the penal interest is established according to Ordinance no. 13/2011 regarding the legal remunerative and penal interest for monetary obligations. The total of late penalties may exceed the amount on which they are calculated.

8. Pricing Policy

8.1. RisCo has the full and total right to modify, in any manner and at any time, the price of any report offered, according with the costs associated with the acquisition of the reports from various sources, and the operating costs of the service. RisCo cannot be bound to justify in any way or for any reason those changes, nor to fulfill any other formalities against the user of RisCo system.

8.2. RisCo can apply discounts or bonuses to the prices of Services according to its marketing policies.

8.3. In case of Services acquired based on contracts signed with the company Risco Servicii Financiare SRL and valid at the respective date, prices and terms specified in those contracts are valid no matter the changes made over the Services, as displayed on the website.

8.4. Users can ask for the reimbursement of the amounts paid for the acquisition of Credits within 14 (fourteen) days from the acquisition date, in case those services or part of them have not been used. After the expiration of that term, Risco Servicii Financiare SRL will no longer reimburse any amount of money, in full or in part, and Credits remain at the disposal of the User for the entire duration for which they were purchased initially.

9. Storage of Services and Invoices in the User Accounts

9.1. The history of all services used is displayed on the 'Credit Transactions' page in the Dashboard in the user account. The history is available for a period of 12 months ago.

9.2. Reports made and page views with reports are NOT stored as files in the user account, but are only displayed as records on the page 'Credit Transactions'.

9.3. The existence of records related to the services in the 'Credit Transactions' page is also proof of the performance and delivery of the services to the Client.

9.4. The invoices issued are displayed on the 'Issued Invoices' page in the Dashboard and are permanently stored according to the legislation in force.

10. Limitation of Liability

10.1. RisCo services are purely informative and do NOT constitute advice, recommendation, offer or an invitation to buy or subscribe to products and/or services, nor can they be the basis for the conclusion or termination of a contract or a commitment of any kind, nor does not represent a guarantee regarding the minimization or elimination of certain risks associated with the user's activity.

10.2. The use of information from the RisCo Services is done exclusively at the user's risk. RisCo is only the electronic interface through which these services are obtained based on the data taken from different institutions. RisCo's services are for information purposes for their applicants and cannot be used as official documents.

10.3. RisCo, as well as any of its employees, does not assume any responsibility regarding:
- economic losses including but not limited to, loss of income, profits, contracts, use, opportunity, business or anticipated savings
- loss of goodwill, damage to the right to image or reputation
- special or incidental losses or damages, direct or indirect, suffered or realized in connection with the use of the website www.RisCo.ro and the Services offered

11. Right for Distribution of Information

11.1. Users have the full right to use the information and reports, as obtained through the RisCo service, to their personal use or to distribute it for free to third parties, but only in the form supplied to them by the RisCo service.

11.2. With the exception of having our prior written consent, Users do NOT have the right to resell the information/ data/ reports from RisCo, either in the form supplied by the system, or in any other altered form.

11.3. Users agree NOT to modify or re-arrange the content or the information supplied through the Service. Users agree NOT to delete/ remove/ hide through any means the identification signs of RisCo, specifically the RisCo logo and the watermark "RisCo.ro".

12. Content generated by Users

12.1. Content generated by Users. Within some of the Services offered, you have the opportunity to tag, rate, vote, and make comments or engage in discussions on various topics. Any content, information, graphics, audio recording, video, images and links that you submit as part of your profile or in connection with the following activities is referred to as "Content Generated by Users" in this Agreement and is subject to certain terms and conditions detailed below.

12.2. Precautions related to other Users and Content generated by Users. The content from Users includes information, opinions, opinions and recommendations of several people and organizations and is intended to help you obtain the necessary information to make your own decisions. You are fully responsible for the investment decisions you make, as well as for checking the accuracy of the information you rely on. RisCo does not guarantee any recommendation or opinion expressed by any User. RisCo does not continuously check the Content received from Users. However, we reserve the right to monitor or exclude any User Content from the Services offered at any time, without prior notice. You must understand that some Users may not be who they say they are. RisCo does not continuously check the identity and personal data of the Users. We cannot guarantee that the profiles registered by Users are absolutely correct. You must also understand that some of the Users may use our Services for their own profit. Consequently, we advise you to treat the received messages with a dose of skepticism. Content from Users may in certain cases be erroneous or misleading.

12.3. Distribution of Users' Information. If you upload, display or send any User Content on a Service, RisCo considers that you have the legal rights in this regard and that you do not violate any law or the rights of any person in this regard. By uploading, displaying or sending Content to the RisCo Services, you grant us a non-exclusive, transferable, irrevocable right to use, distribute, publish, show, reproduce and create derivative materials from the Content submitted, on any media, in whole or in part , without any obligation on the part of RisCo to remunerate you for this. You also grant us the right to authorize the use of the Content by Users or other Users in accordance with the terms and conditions of this Agreement, including the rights to view by other Users the Content displayed by you, including through an RSS Feed type tool.

12.4. Exclusion. RisCo has the right to exclude / delete any Content from Users for any reason and without prior notice. This right includes all materials related to the User's use of the Services, including User accounts, displays, profiles or other personalized information that you create when using the Services.

12.5. Rules of conduct: toti Clientii si Utilizatorii Serviciilor trebuie sa se conformeze urmatoarelor reguli de conduita:
- You will not follow or harass any other User of the site.
- You will not intervene in the use of the Services by other Users, including by interrupting the sessions of other Users, automatically or manually, to make it difficult for them, or act in any other way that negatively affects the access to the Services by other Users.
- You will not attempt to take any name or email address for commercial purposes and you will not collect or store personal information about any other User in the Services section.
- You will not use the Services for any illegal purpose and you will not download, display or propose any User Generated Content that is obscene or racially, ethnically, sexually or otherwise offensive, that is harmful, vulgar or objectionable, or that is defamatory, or invades the privacy or property rights of another person.
- You will not assume the identity of any other person or company, distort a relationship with another person or entity, you will not adopt a false identity for the purpose of deceiving or defrauding another person.
- You will not upload, display or propose any User Generated Content that contains viruses, 'Trojan horses', malicious code or any other software or program designed to interrupt the Services provided by RisCo, the ability of Users to benefit from the Services or their proper functioning of any software, hardware, equipment or materials used in connection with the Services.
- You will show proper respect for other Users. If you do not agree with an opinion expressed in the Services, you have the option to display your own opinion. It is advisable, however, to always refrain from personal attacks against the person who posted.
- You will not violate any local, national or international law or any other rules or regulations of any type of national authority.
- You will not download, display, propose or make available in any other way any Content that you do not have the right to make available under any law or through a contractual or fiduciary relationship (such as privileged information, confidential information obtained as part of employment relationships or confidentiality agreements).
- You will not download, display, propose or make available in any other way any Content that infringes any license, brand/trademark, trade secret, copyright or other proprietary rights of any other person.
- You will not download, display or propose inappropriate or irrelevant messages.

12.6. Terms and Conditions SellNet because SellNet is a network inside which any participant is able to interact directly with other participants, SellNet has its own Terms and Conditions of functioning. Those Terms and Conditions can be accessed at the address Terms and Conditions SellNet

13. Termination

13.1. RisCo may interrupt or change totally or partially the Services, or their availability to you, immediately and unilaterally at any time. RisCo may terminate this agreement and your access to the Services, or any other portion thereof, at any time without having to provide reasons for this decision.

13.2. If RisCo unilaterally decided to end the agreement and stop your access to the Paid Services, Users who have contracted and paid in advance RisCo Credits are entitled to receive back within 60 days from the date of termination or termination of the services the amount corresponding to unused Credits. If the Credits were purchased at a discount, the payment for the unused Credits will be made with the same discount applied when they were purchased.

14. Site Modification

14.1. RisCo reserves its right to modify the content of its services and reports based on objectives at any time and in any way, any section on www.RisCo.ro, without being obliged to justify the modification in any way, without any prior notification and without being obliged to fulfill another formality towards users.

14.2 RisCo reserves the right to introduce new services at any time, to update and improve existing services and to modify existing ones in order to adapt them to market needs. In certain objective situations, RisCo can give up certain services if they are morally outdated or replaced by new ones.

14.3. RisCo reserves its right to eliminate at any moment or to suspend for a period decided at its discretion by RisCo the user's right to use, in whole or in part, the Services or to access the Site or sections of the Site- ul, for any reason, including, but not limited to receiving any complaint or accusation from any third parties or authorities, or in any other case where RisCo considers that the user has violated the provisions of the Terms and Conditions or there are suspicions in this regard . In all cases in which RisCo will apply any of the measures provided above, it will have the right to justify the measure if it considers this necessary or appropriate, without having any obligation in this regard.

14.4. Users expressly agree that the simple use or accessing the services offered through the website www.RisCo.ro means full and unconditional acceptance of the change or changes made. In any situation where users have objections or reservations to any of the provisions of this agreement, they have the obligation to immediately stop using our services.

15. Offer of the service "as is"

15.1. Services and reports are offered by RisCo are made available without any guarantees, express or implied, and without any liability on the part of RisCo in relation to them.

15.2. RisCo DOES NOT guarantee the certain, continuous and uninterrupted access to its services. RisCo will not be responsible for any problems or malfunctions of telephone networks or lines, online internet systems, servers, internet access providers, equipment, computers, programs or any other element that may cause damage to personal computers as a result of using this Site.

15.3. RisCo will make all reasonable efforts. to ensure the availability of the Services offered 24 hours a day, 7 days a week. The users accept that incidentally the services may be inaccessible including but not limited to equipment or network failure, repairs or maintenance operations carried out periodically, causes beyond the Provider's control. In these situations, RisCo does not offer any kind of guarantee and has no responsibility regarding the provision of the Services.

15.4. RisCo does not offer any kind of guarantee and has no responsibility, implicit or express, regarding any information presented or accessed through the Site, for the content provided by its partners or the Site's users. RisCo cannot be held responsible, in any way and to any extent, for the correctness of this information, for any inadvertences, errors or omissions regarding the information presented or the transmission or publication in full or in part thereof, for the results obtained by using any kind of information or services offered through the site, for the respect of copyright or for the legality of the information published on the Site or found in any other connection with them.

15.5. The website RisCo may contain links to other websites or other resources. Since RisCo has no control over these sites or resources, by using the Site you agree that RisCo is not responsible for their availability and does not guarantee and is not responsible for any content, advertising, products or other materials on or available on these sites or resources.

15.6. By accessing the website www.RisCo.ro you agree to exonerate RisCo from liability for any judicial or extrajudicial actions and to cover court costs and any other expenses that may arise as a result of your violation of the clauses. from the Terms and Conditions.

16. Force majeure

16.1. RisCo, as the Supplier, will not be responsible for the non-execution or improper execution, in whole or in part, of any of their contractual obligations, if the execution of that obligation will have been prevented as a result of the occurrence of an unforeseeable and unavoidable event, located outside control of the party invoking force majeure. RisCo and any user agree that events such as war, revolution, embargo, earthquake, serious terrorist attack, flood, fire, serious computer attacks or serious malfunctions in the functioning of the Internet network are considered events of force majeure, without being limited to them, strike and illegal work stoppage, issuance by a competent authority of an order or any binding act that prevents the development of the activity.

16.2. In the case of the existence of a contract, both the beginning and the end of the period of force majeure, will be notified by the party invoking force majeure to the other party, within 5 days from the date of occurrence and respectively from the date of its termination. If the notification is not made within this term and in compliance with the conditions in this paragraph, the party invoking Force Majeure will not benefit from its effects. The party invoking Force Majeure undertakes to take all necessary measures in order to limit its consequences.

17. Notifications

17.1. Any communication, notification or notice addressed to or by RisCo is validly fulfilled if it is sent by at least one of the following methods: (i) in person, (ii) by courier, (iii) by post with confirmation of receipt to the address: Bucharest, Bdul Pierre de Coubertin 3-5, Office Building, floor 5, room 5N, sector 2, with the mention in the attention of Mr. Director General or (iv) by e-mail to the email address office@risco.ro.

17.2. If the communication, notification or approval is done by post, it will be sent by registered letter, with confirmation of receipt and is considered to have been received by the addressee on the date mentioned by the receiving post office on this confirmation. If it is delivered in person, it is considered received at the time of delivery, and if it is sent by e-mail, it is considered received on the same day, if it was sent on working days, between 09:00 - 18:00 or on the next working day if it was transmitted outside this interval.

18. Information notice regarding personal data protection

18.1. RisCo will dedicate all the necessary resources and efforts to process your data in full compliance with Regulation (UE) 2016/679 ("General Data Protection Regulation" or "GDPR"), as well as with any other legislation applicable on the territory of Romania. We want to permanently inform you about how we collect, use, transfer and protect your personal data when you interact with us in relation to our products and services, including through our website or through the applications available on your mobile phone.

18.2. Our Confidentiality policy, which contains all the details regarding personal data processing could be accessed at the address Confidentiality Policy and the policy of using cookies at the address Cookies Information .

18.3. At your option, you provide us with some of your personal data in order to create a valid account and to benefit from the services offered through the website www.risco.ro.

18.4. User Rights: The general regulation on data protection recognizes a number of rights in relation to your personal data. You can request access to your data, the correction of any mistakes in our files and/or you can object to the processing of your personal data. You can also exercise your right to complain to the competent supervisory authority or to go to court. As the case may be, you can also benefit from the right to request the deletion of your personal data, the right to restrict the processing of your data and the right to data portability.

You can exert at any moment the following rights:

The right to information: you can request information regarding your personal data processing activities;

The right to rectification: you can correct inaccurate personal data or complete them;

The right to delete data: you can obtain the deletion of data, if their processing was not legal or in other cases provided by law;

The right to restrict processing: you can request the restriction of processing if you dispute the accuracy of the data, as well as in other cases provided by law;

The right of opposition: you can oppose, in particular, data processing based on our legitimate interest;

The right to data portability: you can receive, under certain conditions, the personal data you have provided to us, in a format that can be read automatically or you can request that said data be transmitted to another operator;

The right to lodge a complaint: you can lodge a complaint against the manner of personal data processing with the National Authority for the Supervision of Personal Data Processing;

The right to withdraw consent: in cases where the processing is based on your consent, you can withdraw it at any time. The withdrawal of consent will only have effects for the future, the processing carried out prior to the withdrawal still remaining valid;

Additional rights related to automatic decisions: you can request and obtain human intervention regarding the respective processing, you can express your own point of view regarding this and you can contest the decision.

18.5. To exercise these rights, you can make a written notification with your request, which you can then send by email to the address dpo@risco.ro.

18.6. Whether some of your personal data is incorrect, please let us informed about that as quickly as possible.

18.7. RisCo.ro certifies that it meets the minimum security requirements for personal data. RisCo.ro uses security technologies, together with policies applied to employees and work procedures, to protect personal data collected according to the legal provisions in force. The internal regulation provides confidentiality clauses regarding the personal data that are processed within the organization. The staff is regularly trained regarding the security and confidentiality of the personal data that are processed. Access to the technological systems that contain personal data is restricted by user and password and is allowed only to authorized persons in this regard.

19. Commercial Communication

19.1. RisCo reserves the right to transmit to all its users commercial communications regarding exclusively the services, functionalities and facilities of RisCo, in order to inform as quickly and efficiently as possible about how to use them.

19.2. Any user can unsubscribe from RisCo communications through the options that can be activated or deactivated in the user account.

19.3. RisCo will not send commercial or other communications from any third party.

20. General

20.1. This Agreement contains the final and complete agreement between the parties regarding the use of the Services and supersedes all prior and contemporaneous Agreements, oral or written, regarding the use of the Services. This Agreement is personal, which means that you cannot assign/assign the rights and obligations involved to any other person. No third party is a beneficiary of this Agreement.

20.2. These terms of use will be governed and used in accordance with Romanian laws. Up to the possible limit of the applicable jurisdiction, the parties irrevocably agree with the fact that the Romanian courts have the exclusive competence to resolve any dispute that may arise from or in connection with these terms of use, and for this they irrevocably agree with jurisdiction of the Romanian courts.

This Agreement was updated on 20 Ianuarie 2023 and shall enter into force on 20 Ianuarie 2023.

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