Leroy si Asociatii has announced that Iulia Stanciulescu-Ilie has joined the firm to head its Dispute Resolution Practice.
Schoenherr has advised Kansai Paint Co Ltd., from Osaka, on the acquisition of the Helios Coatings Group from Ring International Holding AG ("RIH"), GSO Capital Opportunities Fund II (Luxembourg) S.a r.l., and Templeton Strategic Emerging Markets Fund IV, LDC. The sellers were advised by Brandl & Talos.
RTPR Allen & Overy has advised Allianz Capital Partners on its acquisition of a 30% stake in E.ON Distributie Romania, the largest electricity and gas distribution network operator in the northern part of Romania. Botezatu & Asociatii advised the sellers on the transaction, which RTPR Allen & Overy describes as the largest "in Romania in the energy sector in the last years."
Wolf Theiss is advising Harvia Group Oy in its acquisition of Sentiotec, the sauna and wellness division of the Abatec Group. The Hitzenberger law firm advised the sellers. The signing took place on November 4, 2016.
RTPR Allen & Overy has advise the Enterprise Investors private equity fund on the sale of the Profi Rom Food – the largest supermarket chain in Romania – to Mid Europa Partners. Dechert and Bondoc & Asociatii advised the buyers on the deal, which is reportedly the largest deal ever completed by a private equity fund in Romania and the largest deal in the retail sector in the country’s history. The transaction remains subject to approval by Romania's Competition Counsel.
Two recent decisions of the Constitutional Court of Romania related to an employer’s ability to suspend an employee’s employment contract have created an unfortunate situation for both employers and employees, with the former limited in their ability to protect themselves and the latter at risk of being terminated without cause.
Dana Ionescu is the Head of Legal at Adecco Romania, a company she has been with since October 2013. Previously, she worked as the Legal Affairs Coordinator and HR Business Partner for Rosegur from 2010 to 2013. Earlier still, she was a Senior Legal Consultant with Realitatea-Catavencu, a Legal Manager with the Dacris Group, a Legal Manager and HR Business Partner with Phoenica Grand Hotel, and a Legal Advisor with the Romanian Ministry of Transportation, in the External Financial Relations Directorate.
On April 1, 2016, CEE Legal Matters reported that Voicu & Filipescu and Reff & Associates (a member of the Deloitte Legal network) had advised on Bel Rom Twelve’s sale of 12 of the 22.5 hectares of land it owned in Ramnicu Valcea, Romania, to the South African investment fund New Europe Property Investments (NEPI).
The transaction represented the third sale of real estate between the parties and was described by Bel Rom shareholder Hendrik Danneels as “one of the most important real estate transactions in Romania over the recent period.”
Kinstellar has advised Met Group, a group of companies focused on multi-commodity wholesale and trading, on the acquisition of Repower Furnizare, a company active in the field of electricity supply and trading in Romania. Nestor Nestor Diculescu Kingston Petersen advised Repower AG on the transaction, which was announced in July 2016 and completed this month.