A recent legislative amendment to Law no. 17/2014, concerning certain measures regulating the sale of extra muros agricultural land, which also amends Law no. 268/2001 on the privatisation of companies managing public and private state-owned agricultural land and the establishment of the State Domains Agency (“Law 17”), has been proposed in the Romanian Senate. This amendment aims to introduce a new category of pre-emptors: owners of land adjoining extra muros arable land, regardless of the location within or outside city limits and regardless of the land use category.

Romania-based Mares & Mares and Cyprus-based Emilianides Katsaros have formed a partnership spanning Cyprus, Romania, and Greece.

CMS has advised Alcedo on its acquisition of Naturevo Romania.

Filip & Company has advised BayWa on its acquisition of the White Gate Photovoltaic Park.

Alexandra Ivancia has joined CTP Romania as its new Head of Legal Leasing.

Former Head of Legal Renewables for PPC Renewables Monica-Ileana Paraschiv has become the new Head of Corporate Governance, Compliance & New Business Support at PPC Romania.

CMS has advised Alior Bank, via its branch in Romania, on the sale of a portfolio of approximately 4,000 retail clients, to Romanian bank Patria Bank.

Recent legislative changes in the gambling field have generated a series of economic challenges for this industry, leading more and more organizers to cease or restructure their activities.

Nestor Nestor Diculescu Kingston Petersen and Dorda, working with Heuking and Wenger Vieli, have advised Inner Mongolia Mengtai Group on the acquisition of the Alu Menziken Group from Montana Aerospace.

Dentons has advised DRI on the acquisition of a 126-megawatt solar park project in Vacaresti Dambovita county, Romania from local developers. Glodeanu & Partners reportedly advised the sellers.

Inclusion, diversity, and equity (ID&E) are fundamental principles that shape the fabric of modern societies and industries. Within the legal profession, these principles not only reflect our commitment to justice and equality but also drive innovation, foster creativity, and enhance client service. In Central and Eastern Europe (CEE), where the gradual democratization and opening of societies since the 1990s has largely driven greater acceptance of diverse perspectives and communities, it is imperative for lawyers and law firms to take a leading role in advancing ID&E.  In this article, we discuss how investing in inclusion, diversity, and equity can help your firm unleash the full potential of your workforce, foster creativity, and drive sustainable success.

CMS has advised Agir Global on the acquisition of Steel Service Center Sidma Romania.

The Government Decision no. 598/2024 for establishing the minimum gross base salary at national level was published on June 6, 2024, in the Official Gazette Part I no. 529.

Tuca, Zbarcea & Asociatii has advised America House on its recent lease agreements with VSR and Ebury.

Clifford Chance has advised Greek-based Motor Oil Renewable Energy Single Member on its entry into the Romanian renewable energy market via the acquisition of two photovoltaic projects in Buzau County with Premier Energy Group.

Former Dentons Partner Cristina Daianu has joined BPV Grigorescu Stefanica as a Partner in its corporate and mergers & acquisitions practice group.

PeliPartners has advised Mitiska REIM on a EUR 19 million loan from Erste Group Bank for the financing of a retail park in Pitesti.

Popovici Nitu Stoica & Asociatii, working with D'Ornano Partners, has advised the Orange Group on the post-acquisition merger between Orange Romania and Orange Romania Communications.