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Tuca Zbarcea & Asociatii has confirmed that it acted for the Japanese Marubeni Corporation in its joint venture with Romanian state-owned power producer ELCEN to build a 250 MW gas-fired electricity plant in the central Romanian county of Mures.

Electrocentrale Bucuresti (ELCEN), the largest producer of termic energy in Romania, has signed a EUR 170 million joint venture agreement with Marubeni Corporation on July 29 to build a gas heating plant of approximately 250 MW in Fantanele, Romania. 

RTPR Allen & Overy has announced that litigator Valentin Berea has joined the firm as Partner, bringing with him a team of three lawyers. Berea moves over from Bulboaca & Asociatii in Bucharest, where he spent the past 7 years.  

Dentons’ Bucharest office has confirmed that Partner Perry Zizzi — who practiced with legacy Salans in Bucharest from 2003-2007, well before that firm merged into the new Dentons — has returned to the fold.  

Perry Zizzi, Partner of Clifford Chance Badea has announced his plans to leave the Bucharest office of the Magic Circle firm, effective July 15. Sources report that the he will move to the Bucharest office of Dentons.  

Paul Hastings Janofsky & Walker (PHJW) has announced that it advised Citigroup Global Markets Limited, Raiffeisen Bank, and Societe Generale on the EUR 444.3 million initial public offering of Electrica (initially reported by CEE Legal Matters on June 26).

Today marks the 238th anniversary of the American Declaration of Independence, and Americans will be celebrating with fireworks, barbecues, picnics, and beer. The famous "Baseball, Hot-dogs, and Apple Pie" recitation resonates today most of all

VASS Lawyers has secured a victory for an association of three companies -- M.A.R.S.A.T., G.R.I.M.E.X., and Neptun (the "First Association") -- regarding a auction organized by Complexul Energetic Oltenia (CE Oltenia) for the modernization of the Lupoaia excavation facility.

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Maravela & Asociații is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

Maravela & Asociații covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend Maravela & Asociații as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

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