Clifford Chance Badea has advised Enel Green Power Romania on the acquisition of the Lumina 63-megawatt photovoltaic park in Calugareni, Giurgiu county, from the Mytilineos group.
Reed Smith, Volciuc-Ionescu, and CMS Advise on Helleniq Acquisition of 211-Megawatt Romanian Solar Portfolio from Metka EGN
Reed Smith and CMS have advised Helleniq Renewables on its acquisition of a 211-megawatt solar portfolio in Romania from Mytilineos Group's Metka EGN. Volciuc-Ionescu, working with the UK offices of EY Law, advised Metka EGN.
Filip & Company Advises Alesonor on Verita International School Partnership
Filip & Company has advised residential developer Alesonor on its partnership with the Verita International School & Kindergarten to develop the second Verita campus in Romania in Alesonor's Amber Forest suburb.
Implementation of the EU Directives on Work-Life Balance and on Transparent and Predictable Working Conditions: Romania
The EU Directives on Work-life balance and on Transparent and predictable working conditions were introduced into the Romanian national legislation in February 2022 with subsequent amendments in August 2022, October 2022, and February 2023. These directives have imposed substantial changes and obligations on employers. What do they mean for businesses?
PNSA and NNDKP Advise on Refinancing of Ameropa Group's Main RCF in Romania
Popovici Nitu Stoica & Asociatii has advised the Ameropa Group on the full refinancing of its main revolving credit facility in Romania to the tune of EUR 542 million. Nestor Nestor Diculescu Kingston Petersen advised the banking syndicate.
Closing: Adesgo’s Sale of Business to Tefron Europe Now Closed
On August 3, 2023, Musat & Asociatii and Firon Bar-Nir both announced that the sale of Adesgo’s seamless apparel business to Tefron Europe (reported by CEE Legal Matters on April 18, 2023) had closed.
Madalina Mitan Makes Local Partner at Schoenherr in Romania
Former Schoenherr Managing Attorney at Law Madalina Mitan has been appointed as a Local Partner with the firm's Bucharest office.
Teodorescu Partners Opens Doors in Bucharest
On August 1, 2023, Former Grecu & Asociatii Partner Alexandru Teodorescu announced the launch of his eponymous law firm in Bucharest: Teodorescu Partners.
Dentons Advises Ursus Breweries on Virtual Power Purchase Agreement with Enery
Dentons has advised Ursus Breweries on its virtual power purchase agreement with Enery.
Kinstellar Advises SFC Solutions on Industrial Facility Sale-and-Leaseback with WDP Romania
Kinstellar has advised SFC Solutions Automotive Romania on the sale-and-leaseback transaction for a 20,000-square-meter industrial facility with logistics property developer WDP Romania.
The Debrief: August 2023
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
D&B David si Baias Advises Complexul Energetic Oltenia on Eight PV Projects and New Gas Power Plant with OMV Petrom and Tinmar Energy
PwC Legal Romanian affiliate D&B David si Baias has advised Complexul Energetic Oltenia on selecting the investor-partners for its 1.2-gigawatt decarbonization strategy. Nestor Nestor Diculescu Kingston Petersen reportedly advised OMV Petrom on the partnership for four PV projects. Deloitte Legal affiliate Reff & Associates reportedly advised Tinmar Energy on the partnership for a new gas-fired power plant and four PV parks.
CMS Advises BCR and Erste on EUR 100 Million Financing for Cerealcom
CMS has advised mandated lead arrangers Banca Comerciala Romana and Erste Group Bank AG on their EUR 100 million revolving credit facility for Romania's Cerealcom.
Kinstellar Advises Yanolja Cloud on Acquisition of Go Global Travel
Kinstellar, working with Watson Farley & Williams, has advised South Korea's Yanolja Cloud on its acquisition of Go Global Travel from the AMI Opportunities Fund.
Jones Day, Musat & Asociatii, and Freshfields Advise on Geely and Renault's Powertrain Technology Joint Venture
Jones Day and Musat & Asociatii have advised the Geely Holding Group and Geely Automobile Holdings on their binding 50/50 joint venture agreement with the Renault Group to launch a new powertrain technology company. Freshfields Bruckhaus Deringer advised Renault on the JV and the carve-out of its internal combustion and hybrid engines business.
Tuca Zbarcea & Asociatii and Filip & Company Advise on BT and OTP Financing for Holde Agri Invest
Tuca Zbarcea & Asociatii has advised arranger and financier Banca Transilvania and financier OTP Bank Romania on credit facilities worth RON 30.5 million and EUR 26.7 million for the Holde Agri Invest group. Filip & Company advised Holde Agri Invest.
ZRVP Advises Transport Trade Services on Acquisition of Constanta Port Operator Decirom
Zamfirescu Racoti Vasile & Partners has advised Transport Trade Services on the EUR 21.8 million acquisition of a 99.9% stake in Constanta port operator Decirom.
Gabriela Popescu Appointed to Corporate, External and Legal Affairs Lead, Central Europe at Microsoft
Microsoft has appointed Romanian lawyer Gabriela Popescu to Corporate, External and Legal Affairs Head, Central Europe.