Rizoiu & Poenaru has announced the firm is splitting into Rizoiu & Asociatii and Poenaru Legal.
Danilescu, Hulub & Partners Advises Feper on Sale of Orizont Predeal Hotel to Hotel New Montana
Danilescu, Hulub & Partners has advised Feper on the sale of the Orizont Predeal Hotel to Hotel New Montana.
Nyerges & Partners and Adesman & Asociatii Advise on Renalfa IPP's Solar Project Acquisition in Teleorman
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 Advises EBRD on Financing for Profi Rom Food
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.
Stratulat Albulescu Advises Prime Label on Acquisition of I.P.P.U. Packaging in Romania
Stratulat Albulescu has advised Prime Label Group on its acquisition of I.P.P.U. Packaging.
D&B David and Baias Advises Altex on Acquisition of Brico Depot’s Romanian Network from Kingfisher
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 Advises Electrica on CfD Renewables Auction Bid
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.
Important Fiscal Changes in Romania Starting January 2025
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.
Kinstellar and RTPR Advise on EUR 73 Million Syndicated Loan to Grup Serban Holding
Kinstellar has advised a syndicate of banks led by BRD Groupe Societe Generale and Banca Transilvania, with Raiffeisen Bank Romania as a sustainability agent, on a EUR 73 million syndicated facility to Grup Serban Holding. RTPR advised Grup Serban Holding.
Closing: MidEuropa's EUR 1.3 Billion Sale of Profi to Ahold Delhaize Now Closed
On January 3, 2025, RTPR announced that MidEuropa's EUR 1.3 billion sale of Profi to Ahold Delhaize (as reported by CEE Legal Matters on November 1, 2024) has now closed.
Whistleblowing – Romania’s Compliance with EU Directive 2019/1937
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.
Filip & Company and Schoenherr Advise on Mozaik Investments' Sale of Minority Stake in 5 To Go to Invenio Partners and ACP
Filip & Company has advised Mozaik Investments on its sale of a minority stake in 5 To Go to Invenio Partners and Accession Capital Partners. Schoenherr advised ACP. Dentons reportedly advised Invenio Partners.
Teodorescu Partners and Legalway Advise on Autonom's Acquisition of 30% Stake in Meridian Taxi
Teodorescu Partners has advised Autonom on its acquisition of a 30% stake in Meridian Taxi from Dan Boabes. Legalway advised Mr. Boabes and Meridian Taxi.
Musat & Asociatii Secures Retrial of Review Application in Case of Gheorghe Ursu’s Torturers
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.
BPV Grigorescu Stefanica and Mihai & Co Advise on Smart ID Technology's Acquistion of Total Technologies
BPV Grigorescu Stefanica has advised Smart ID Technology on its acquisition of Total Technologies. Mihai & Co and sole practitioner Daniel Vutcanu advised the sellers.
Stratulat Albulescu Advises Duman Clinic on EUR 1.06 Million Acquisition of La Stejari
Stratulat Albulescu has advised Duman Clinic on the acquisition of La Stejari, which owns and operates a hotel in Pianu de Jos, Alba County, from sellers Dorin Mateiu and Ioan Strajan.
Vlasceanu & Partners and Dentons Advise on Econergy's EUR 28 Million Financing for 56 Megawatt Solar Park in Romania
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.
Radulescu & Musoi Advises DigiRay on Acquisition of Maraffka Clinics
Radulescu & Musoi has advised DigiRay on its acquisition of three Maraffka clinics in Ploiesti, Romania.