Mitel & Partners has advised GED Eastern Fund II on its divestment process from Happy Tour. BPV Grigorescu Stefanica represented sole Hey, Be Well! shareholder, CEO Javier Garcia del Valle, as the buyout manager.

Stratulat Albulescu has advised lead investor Catalyst Romania Fund II on its participation in SeedBlink’s EUR 3 million Series A funding round.

Dispute resolution lawyer Cosmin Cojocaru has been promoted to Partner at Zamfirescu Racoti Vasile & Partners.

Wolf Theiss has advised Romanian Raiffeisen Bank S.A. on its RON 1.2 billion issuance of senior non-preferred eligible green notes with a fixed annual coupon of 3.793%. Freshfields Bruckhaus Deringer advised Raiffeisen Bank on German law matters.

Former Noerr Associate Partner Roxana Dudau has joined EY-associated law firm Radu si Asociatii as Associate Partner and Head of the Real Estate Practice.

Former Kinstellar Partner Razvan Popa has set up business advisory company Dewi Advisory, a "growth advisory company focused on [the] Romanian market."

Filip & Company has successfully represented natural gas supplier Energy Gas Provider SRL in a proceeding against Romania's National Energy Regulatory Authority concerning the gas suppliers’ obligation to build minimum stocks of gas throughout the cold season.

Wolf Theiss has advised Novalpina Capital LLP on the acquisition of MaxBet. 

Kinstellar Bucharest has advised Romanian fintech startup Capex.com on raising USD 21 million in an investment round led by venture capital firms Growth Box and Moore & Moore Investments.

Dentons has advised the Black Sea Trade and Development bank on a seven-year USD 40 million corporate loan to Romanian aluminum producer Alro, part of Vimetco Group, for its capital investment program. Zamfirescu Racoti Vasile & Partners and Simmons & Simmons advised Alro.

The VAT legislation applicable to cross-border e-commerce will be modernised at EU level by new EU e-commerce rules with effect from 1 July 2021. The new rules will allow companies selling goods online to fulfil certain VAT obligations at EU level via a digital online portal (the “One-Stop Shop”, OSS), hosted by their own revenue agencies and in their own languages. These rules have been in place for online sellers of e-services since 2015, when the “Mini One-Stop Shop” or MOSS was implemented.

CMS has advised Thor Impex – the project company for the Bogoslovec 36 Megawatt wind farm in North Macedonia – on a EUR 51 million financing from a club of banks led by the Erste Bank. White & Case advised the lenders.

Romanian law firm VD Law Group l Vasilescu Dejan and accounting, tax, and business services provider Jasill Accounting & Business have announced an alliance to provide integrated advisory services.

RTPR has advised the founders of Keez on the sale of a majority stake to software company Visma. Wolf Theiss advised Visma on the deal.

On April 28, 2021, CEE Legal Matters reported that ACT Legal Romania had advised Founders Bridge on a EUR 600,000 financing round led by Sparking Capital. CEE In-House Matters spoke with Liviu Munteanu, Partner at Founders Bridge, to learn more about the deal.

With a view to eliminate barriers to new investments in renewable power generation capacities, the Romanian Energy Regulatory Authority (“ANRE”) has recently amended the Regulation for the connection of the users to the public interest grid (the “Connection Regulation”) for eliminating a highly debated requirement of the grid connection process. The change was made through Order no. 41/2021 for the amendment of the Connection Regulation which was published in the Official Gazette of Romania on June 23, 2021 (the “Order no. 41/2021”).

CMS has advised ING Bank Romania on the extension and modification of a bilateral EUR 100 million loan granted to a company within the NEPI Rockcastle Group, among others, with the addition of certain ESG components.

Suciu Popa has successfully represented Rompetrol Well Services in a corporate dispute initiated by one of its minority shareholders.