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Ijdelea & Associates has advised Black Sea Oil & Gas, backed by The Carlyle Group, on a EUR 175 million syndicated credit extended by a consortium of Romanian and international financial institutions. Popovici Nitu Stoica & Asociatii advised the lenders.

Popovici Nitu Stoica & Asociatii has advised Banque Banorient France Romania Branch on the financing provided to Solida Capital for the acquisition of the Victoria Center office building on Calea Victoriei in Bucharest. Kinstellar advised Solida Capital.

Romania’s economic landscape has shown both growth and resilience this year, driven mostly by public and private investments and domestic consumption. Popovici Nitu Stoica & Asociatii Managing Partner Florian Nitu, Nestor Nestor Diculescu Kingston Petersen Partner Gabriela Cacerea, and Tuca, Zbarcea & Asociatii Managing Partner Gabriel Zbarcea report on the pulse of the Romanian economy, focusing on key sectors, such as infrastructure, energy, IT, and automotive, that are leading this growth despite challenges like inflation, labor shortages, and geopolitical uncertainties.

Popovici Nitu Stoica & Asociatii has advised NTT Data on its agreement with the BMW Group to set up a joint venture in Cluj-Napoca to enhance software competencies and foster digital transformation. Nestor Nestor Diculescu Kingston Petersen reportedly advised BMW.

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