01
Wed, Dec
42 New Articles

Kinstellar Advises FirstFarms on Sale of Land in Western Romania

Kinstellar Advises FirstFarms on Sale of Land in Western Romania

Romania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Kinstellar has advised Danish agricultural investment company FirstFarms on its DKK 20 million sale of land in Western Romania. Roedl & Partner reportedly advised the buyer.

"The transaction is part of an agreement signed by FirstFarms to divest the farming operations in western Romania," Kinstellar informed. "Once FirstFarms ends operations in western Romania, the company will shift its focus towards crop production in the eastern part of the country."

Founded in 2006, FirstFarms is a Denmark-headquartered company, operating in Romania, Slovakia, Hungary, and the Czech Republic. The company has 16 plant and animal production units, with over 300 employees.

Kinstellar previously advised FirstFarms on the acquisition of agricultural land in Romania from NCH Capital (as reported by CEE Legal Matters on March 11, 2020), on the sale of a farm in Western Romania (as reported on June 23, 2020), and on the sale and divestment of its operations in North-Western Romania (as reported by CEE Legal Matters on July 27, 2021).

The Kinstellar team included Managing Associate Catalin Dinu and Associate Adelina Seserman.

Romanian Knowledge Partner

MPR Partners is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Asociatii as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners can be found at www.mprpartners.com.

All News about MPR Partners can be found here.

Our Latest Issue