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The EBRD has participated in the Initial Public Offering organized by Electrica SA, for the issuance of new shares representing 105 per cent of the company’s share capital and floated on the Bucharest Stock Exchange as well as on the London Stock Exchange, via Global Depository Receipts (“GDRs”).

Biris Goran has promoted IP/IT lawyer Ana Maria Andronic to Partner, noting that she "placed the firm as the leading name on the IT market in the last few years and will continue to further develop the IP, IT & Media Practice.” The firm also announced that Senior Associate Stefanita Georgescu has joined its Real Estate Practice team.

rajac.ro

Lawyers from RTPR Allen & Overy have counseled the EBRD on its EUR 10 million loan to SC Raja SA Constanta, one of the largest water utilities in Romania. SC Raja SA Constanta — an existing EBRD client that previously received a EUR 33 million loan in 2010  operates in the counties of Constanta and Ialomita with a growing presence in Calarasi, Dambovita, and Ilfov.

In mid-July it was reported that Partner Perry Zizzi would be leaving Badea Clifford Chance in Bucharest to return to Dentons, where he had worked (under the Salans brand) before leaving 7 years before. On August 4 the news broke that long-time Ukrainian expert Adam Mycyk had joined Dentons as well. Mycyk moved over from Chadbourne & Parke, as that firm winds down its operations in KievWe reached out to Zizzi and Mycyk to ask them about their decisions to join Dentons.

Tuca Zbarcea & Asociatii has confirmed that it acted for the Japanese Marubeni Corporation in its joint venture with Romanian state-owned power producer ELCEN to build a 250 MW gas-fired electricity plant in the central Romanian county of Mures.

Electrocentrale Bucuresti (ELCEN), the largest producer of termic energy in Romania, has signed a EUR 170 million joint venture agreement with Marubeni Corporation on July 29 to build a gas heating plant of approximately 250 MW in Fantanele, Romania. 

RTPR Allen & Overy has announced that litigator Valentin Berea has joined the firm as Partner, bringing with him a team of three lawyers. Berea moves over from Bulboaca & Asociatii in Bucharest, where he spent the past 7 years.  

Dentons’ Bucharest office has confirmed that Partner Perry Zizzi — who practiced with legacy Salans in Bucharest from 2003-2007, well before that firm merged into the new Dentons — has returned to the fold.  

Perry Zizzi, Partner of Clifford Chance Badea has announced his plans to leave the Bucharest office of the Magic Circle firm, effective July 15. Sources report that the he will move to the Bucharest office of Dentons.  

Romanian Knowledge Partner

MPR Partners | Maravela, Popescu & Roman 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 | Maravela, Popescu & Roman 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 & Roman 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 | Maravela, Popescu & Roman can be found at www.mprpartners.com.

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