RTPR has advised Autonom Services on the acquisition of Tiriac Group's operational leasing business, Premium Leasing. Filip & Company advised the Tiriac Group on the deal.

Filip & Company has advised the Tiriac Group on the sale of Tiriac Leasing to Banca Transilvania. PwC affiliated law firm D&B David and Baias advised Banca Transilvania on the deal.

On January 18, six leading real estate lawyers in Romania sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea. The conversation focused on the current state of affairs in the real estate sector, looking at who the main players are, the hottest assets, deal-making trends in the sector, and more.

Romanian taxpayers had an exciting start to the year with the Government introducing changes to the country's main tax laws – the Fiscal Code and the Tax Procedural Code. These amendments, which follow others announced at the end of last year, were introduced in accelerated fashion, having been debated for only a few days prior to adoption.

Stratulat Albulescu's former Counsel Adriana Dobre and former Managing Associate Tudor Ciambur have been promoted to Partner at the firm.

Like many European countries, Romania has not yet taken any proactive measures to regulate virtual/crypto assets and the status of the market actors offering related services.

Vlasceanu, Nyerges & Partners has advised Axxess Capital's Partners Horia Manda and Valentin Tabus on their EUR 550,000 investment in educational technology start-up Brio.

Popovici Nitu Stoica & Asociatii has advised Ameropa on its acquisition of 30% stakes in agribusiness companies Promat Comimpex and Agroind Cauaceu in Romania. Kinstellar advised the sellers.

Simion & Baciu, working with Wiggin in the UK, has advised Broadway Gaming subsidiary Saphalata Holdings on its USD 50 million acquisition of the bingo business from 888 Holdings. Israel's Herzog Fox & Neeman advised the seller.

Tuca Zbarcea & Asociatii has advised the AYA Properties Fund on its acquisition of Record Park Offices from Speedwell and Baltisse for EUR 35 million.

The Niculeasa Law Firm has successfully represented Laminorul Braila in a VAT adjustment case before the Romanian High Court of Cassation and Justice (ICCJ).

In a previous article we have analysed the dilemmas resulting from the thematic tax audit campaign aimed at auditing the tax treatment of purchased gift vouchers, in terms of income tax and social security charges. A very sought after extra-salary employee benefit, companies bought and offered gift vouchers amounting to over RON 1 billion (approx. EUR 200 million) in 2018 alone and we can only assume that these figures have only risen since then.

Vertis Legal has successfully represented Romanian basketball titleholder U-Banca Transilvania Cluj-Napoca and players Giordan Watson and Patrick Richard in a dispute with the Romanian Basketball Federation (FRB) over the team's right to field two naturalized athletes.

Former Patriciu Real Estate Attorneys Managing Partner Serban Patriciu has joined Noerr's Bucharest office as Head of Real Estate.

PwC affiliated law firm D&B David and Baias has advised French group Piriou on its acquisition of Romania's ATG Naval Shipyard in Giurgiu from investors Teodor Apostol and Adrian Patriche.

Popovici, Nitu, Stoica & Associates has advised Ameropa Grains on its acquisition of the Mirosi/Caldararu agricultural base, including warehouses, silos, dwellings, and offices, from Net Farming, part of Agricover Group.

Grecu & Asociatii has advised Romania-Insider.com on Marius Istrate's investment in the media company. 

Competition and M&A lawyer Roxana Ionescu and Banking & Finance specialist Cosmin Tilea have been promoted to Partner at RTPR.