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Nyerges & Partners has advised Renalfa IPP on the acquisition of a 258-megawatt-alternating-current solar photovoltaic project in Teleorman, Romania from Mihnea Ioan Olariu, Vlad Tudorie, and Mihnea Mihalache. Adesman & Asociatii advised the sellers.

Kinstellar, working with Sullivan & Worcester, has advised the European Bank for Reconstruction and Development on partnering with Banca Transilvania to implement a supply chain financing program for Profi Rom Food.

PwC's Romanian affiliate D&B David and Baias has advised the Altex group, owned by Romanian entrepreneur Dan Ostahie, on its acquisition of Brico Depot’s Romanian network from Kingfisher. Filip & Company and A&O Shearman reportedly advised Kingfisher.

Dentons has advised Electrica on the successful bid of its subsidiary Crucea Power Park SRL in the first round of the Contracts for Difference auction as part of Romania’s state aid scheme for renewables.

On 30 December 2024, the Romanian government adopted Emergency Ordinance no. 156/2024 (“the GEO”) regulating a series of important fiscal changes that entered into force starting January 2025, as summarised below.

The implementation of EU Directive 2019/1937 has established Romania as part of a broader European trend toward increased transparency and accountability in business practices. For many Romanian companies, especially small and medium-sized enterprises, this shift has introduced a steep learning curve, but also significant opportunities.

Musat & Asociatii has won an appeal before the High Court of Cassation and Justice against a prior decision by the Bucharest Court of Appeal, allowing the retrial of the review application in the case concerning the torturers of Romanian anti-communist dissident Gheorghe Ursu.

Vlasceanu & Partners has advised Econergy on securing EUR 28 million in financing from Kommunalkredit Austria for the completion of a 56-megawatt solar park located in Olt County, Romania. Dentons advised Kommunalkredit Austria.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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