As one of the few “foreign” lawyers who has been continuously active on the Romanian market for the last 20 years, it is interesting to note the evolution of this market over that period.
Filip & Company has advised LafargeHolcim on its acquisition of the Somaco Group from Oresa Ventures in Romania. Popovici Nitu Stoica & Asociatii advised Oresa on the sale, which remains subject to regulatory approvals and competition clearance in Romania and is expected to close in the fall of 2019.
Boyanov & Co in Bulgaria, NNDKP in Romania, and the Polenak Law Firm in North Macedonia have advised Norway's LINK Mobility Group on its June 29, 2019 acquisition of all five of Allterco's telecommunications subsidiaries in Bulgaria, Romania, and North Macedonia. Bulgaria's Forlexa law firm reportedly advised Allterco on the deal.
Members of the BPV Legal in Romania, Hungary, the Czech Republic, and Slovakia have provided local counsel in those jurisdictions to Dutch property managers MVGM on its takeover of the property management division of the Jones Lang LaSalle Group in Continental Europe. The Hague office of the Dutch law firm Barents Krans acted as lead counsel to MVGM, and Watson, Farley & Williams was lead counsel to JLL, working with local counsel from Schoenherr in the Czech Republic, Slovakia, Poland, and Romania.