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RTPR and Filip & Company Advise on Transfer of Orange Money Retail Business to Alpha Bank

RTPR and Filip & Company Advise on Transfer of Orange Money Retail Business to Alpha Bank

Romania
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RTPR has advised the Orange group's Orange Money Romania on the transfer of its retail business to Alpha Bank Romania. Filip & Company advised Alpha Bank.

According to RTPR, “launched in 2016 on the Romanian market, Orange Money is a digital alternative to traditional banking services in Romania, offering a complete digital experience for financial operations. Following this transaction, Orange Money customers will continue to benefit from end-to-end digital financial services, as part of Alpha Bank Romania.”

The RTPR team included Managing Partner Costin Taracila, Counsel Cristina Enaga, and Senior Associates Diana Dimitriu and Ana Maria Barbu.

The Filip & Company team included Partners Alina Stancu Birsan and Monica Statescu, Senior Associates Rebecca Marina and Camelia Iantuc, and Associates Marius Gheldiu and Raluca Bita.

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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