Taylor Wessing, Stratulat Albulescu, and Moral Kinikoglu Pamukkale, working with PedersoliGattai, have advised Sennder Technologies on the acquisition of the European surface transportation operations of C.H. Robinson Worldwide. HVG Law reportedly advised C.H. Robinson.
NNDKP Advises Globant on Merger of Pentalog Romania and Pentalog HR Romania
Nestor Nestor Diculescu Kingston Petersen has advised Globant on the merger of its subsidiaries Pentalog Romania S.R.L. and Pentalog HR Romania S.R.L.
RTPR Advises Innova Capital on Sale of Optical Investment Group to EssilorLuxottica
RTPR has advised Innova Capital on the sale of Optical Investment Group to EssilorLuxottica. Schoenherr reportedly advised EssilorLuxottica.
PNSA Advises Organizers of Transylvania Open on Acquisition of WTA Tennis Tournament Class Membership
Popovici, Nitu, Stoica & Asociatii has advised the organizers of the Transylvania Open tennis tournament on the acquisition of the WTA Tennis Tournament Class Membership from Associazione Sportiva Dilettantistica Country Time Club.
Closing: Banca Transilvania's Purchase of OTP Bank Romania Now Closed
On August 1, 2024, Filip & Company and CMS announced that Banca Transilvania's purchase of OTP Bank Romania (as reported by CEE Legal Matters on February 21, 2024) has now closed.
Dentons and Filip & Company Advise on EBRD's Investment in Arobs Transylvania Software
Dentons has advised the EBRD on an equity investment in Arobs Transylvania Software. Filip & Company advised Arobs.
Dentons Advises Convergint Technologies on Acquisition of Helinick
Dentons has advised Convergint Technologies on its acquisition of Helinick from Marius Retegan and other minority shareholders. Deloitte Legal's affiliate law firm Reff & Associates reportedly advised the sellers.
RTPR Advises Aramco on Investment in Horse Powertrain
RTPR, working with A&O Shearman, has advised Aramco on its investment in Horse Powertrain via a 10% equity interest acquisition, alongside Renault Group, Zhejiang Geely Holding Group, and Geely Automobile Holdings Limited.
Important Changes to the Legislation on Waste Electrical and Electronic Equipment
On 17 May 2024, Law No. 127/2024 for the approval of Government Emergency Ordinance No. 5/2015 on Waste Electrical and Electronic Equipment (Law No. 127/2024) entered into force, after a laborious journey marked by extensive debates and negotiations, thus finalizing a legislative process that began in 2015.
Romanian Competition Council Conducts Investigations of Alleged Abuse of Superior Bargaining Position and Alleged Unfair Trading Practices. What Does This Mean for Companies?
On 26 June 2024, the Romanian Competition Council (the "RCC") announced that it had conducted a dawn raid as part of an investigation concerning the possible abuse of a superior bargaining position by a company active in the supply of liquid medicinal oxygen against a public hospital. The investigation has been launched ex officio as a result of information received from public sources. The case is noteworthy as it marks the first time the RCC has launched a review regarding an alleged abuse of superior bargaining position, a relatively new type of infringement under Romanian competition rules.
Biris Goran, Kinstellar, and PeliPartners Advise on Global Vision and Globalworth’s Sale of Logistics Portfolio to WDP
Biris Goran and Kinstellar have advised Global Vision and Globalworth, respectively, on the sale of a logistics portfolio to WDP. PeliPartners advised WDP.
Clifford Chance Advises Nala Renewables Limited on Acquisition of PV Park from Monsson Group
Clifford Chance has advised Nala Renewables Limited on its acquisition of a ready-to-build photovoltaic park from Monsson Group in Caras Severin.
Dissecting CEE Disputes
ACI Partners Managing Partner Igor Odobescu, Nagy es Trocsanyi Founding Partner Peter Nagy, Kinstellar Partner Radovan Grbovic, Law Office Vujacic Partner Sasa Vujacic, and Tuca Zbarcea & Asociatii Partner Robert Rosu discuss recent litigation trends across CEE, driven by the impact of economic shifts and regulatory changes in their jurisdictions.
Bogdan Ilea Joins Popescu & Asociatii as Head Regulatory, Government & Public Affairs
Bogdan Ilea has joined Popescu & Asociatii as Partner and the firm's new Head of Regulatory, Government & Public Affairs practice.
Filip & Company Advises Arobs on Capital Increase
Filip & Company has advised Arobs Transilvania Software on the share capital increase operation through which it has raised EUR 28.7 million.
Filip & Company Advises Digi Group Spain on Contracts with Telefonica Moviles Espana
Filip & Company has advised Digi Group’s Spanish subsidiaries on a national roaming contract and a network and spectrum sharing contract with Telefonica Moviles Espana.
Romania Strengthens Screening of EU Investments
Further to the December 2023 amendments to the Romanian regime for screening inbound direct investments (that we previously covered here), which formally included EU investors within the scope of screening, the Romanian Parliament has adopted a new law (the “New Law”) to further strengthen the approach towards EU investors.
RPTR and Wolf Theiss Advise on Vectr Holdings' Acquisition of The Landmark Office Building
RTPR has advised Vectr Holdings on the indirect acquisition of the company that owns The Landmark office building in Bucharest from funds managed by Revetas Capital and affiliates of Cerberus Capital Management. Wolf Theiss advised Revetas Capital and Cerberus.