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Dentons and Filip & Company Advise on RON 750 Million Facility for Electrica

Dentons and Filip & Company Advise on RON 750 Million Facility for Electrica

Romania
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Dentons has advised Erste Group Bank, Raiffeisen Bank Romania, and Banca Comerciala Romana on the RON 750 million facility agreement with Societatea Energetica Electrica. Filip & Company advised Electrica on the deal.

Societatea Energetica Electrica operates on the Romanian electricity distribution and supply market. According to Dentons, “Electrica plans to use the facility, which corresponds to roughly EUR 150 million, to finance the implementation of its strategy for the period 2019-2023.”

Dentons’ team included Partners Simona Marin and Loredana Chitu and Associate Sandra Constantin.

Filip & Company's team included Partners Alina Stancu Birsan, Olga Nita, and Alexandru Birsan and Senior Associates Camelia Iantuc and Roxana Diaconu.

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). 

Firm's website.

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