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Clifford Chance Badea has secured a favorable decision for Pfizer in relation with the claim of a pharmaceutical company concerning the Romanian Ministry of Health's public acquisition procedure of 13-valent pneumococcal conjugate vaccine.

Wolf Theiss has advised the Chinese home appliance producer Hisense on its takeover offer for 95% of the shares in Slovenian white-goods manufacturer Gorenje. Jadek & Pensa advised Gorenje on the sale. The transaction value exceeds EUR 250 million.

Reff & Associates, the Romanian member of Deloitte Legal, has obtained a final court decision confirming that the delivery of molds falls under the same VAT tax regime as the supply of the goods produced with the molds, even if they are purchased by the supplier and held by them after their use in the production process.

“The current topics on the Romanian legal market are the GDPR’s implementation and the recent decision of the country’s Constitutional Court concerning the dismissal of the National Anticorruption Directorate's chief,” says Germin Petcu, Partner at Dobre, Tulei & Asociatii in Bucharest. “There is quite a political struggle right now in Romania,” he adds, noting that in the long term this may affect businesses and foreign investment in the country.

PNSA has advised Swiss grain and fertilizer trader Ameropa on the acquisition of 40% of the shares of agribusiness companies Promat Comimpex and Agroind Cauaceu, two distributors of agricultural inputs and outputs in the northern part of Romania. The sellers, Cristian Moldovan and Dan Corbut, were represented by Kinstellar.

Kinstellar has advised Ballymore Group, an Ireland-based international property development company, on the sale of property to Mitiska REIM, a European privately held real estate investment and fund management firm. The buyer was represented by RTPR Allen & Overy.

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Maravela & Asociații 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. 

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