RTPR has advised the Orange group's Orange Money Romania on the transfer of its retail business to Alpha Bank Romania. Filip & Company advised Alpha Bank.
According to RTPR, “launched in 2016 on the Romanian market, Orange Money is a digital alternative to traditional banking services in Romania, offering a complete digital experience for financial operations. Following this transaction, Orange Money customers will continue to benefit from end-to-end digital financial services, as part of Alpha Bank Romania.”
The RTPR team included Managing Partner Costin Taracila, Counsel Cristina Enaga, and Senior Associates Diana Dimitriu and Ana Maria Barbu.
The Filip & Company team included Partners Alina Stancu Birsan and Monica Statescu, Senior Associates Rebecca Marina and Camelia Iantuc, and Associates Marius Gheldiu and Raluca Bita.