Reff & Associates | Deloitte Legal has advised Damen Galati Shipyard on EUR 25 million in financing from Exim Banca Romaneasca.

Greenberg Traurig and Filip & Company have advised Polish chemical group Qemetica on its acquisition of PPG's precipitated silica business for approximately PLN 1.2 billion (USD 310 million). Hogan Lovells advised PPG.

On November 7, 2024, M&A experts from Austria, Bosnia & Herzegovina, Croatia, Greece, Hungary, Moldova, Romania, and Ukraine participated in a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the FDI screening regimes in their country and key developments in the area on the horizon.

The UK government recently unveiled guidance on a major update to its corporate fraud laws: the “failure to prevent fraud” offence, introduced through the 2023 Economic Crime and Corporate Transparency Act (ECCT). Taking effect on September 1, 2025, this law could have serious implications for companies operating within the EU.

RTPR has advised Autonom Services on a bond issuance with an aggregate nominal value of EUR 30 million and a maturity of five years, with a fixed annual interest rate of 6.14%.

On November 21, 2024, Clifford Chance announced that PPC Group's acquisition of Evryo Group's Romanian RES portfolio (as reported by CEE Legal Matters on August 9, 2024) has now closed.

Dragne & Asociatii has promoted Mihai Iorga to Partner.

The acquisition by a joint-stock company of its own shares, also known as share buy-back, is permitted under Romanian law, as provided by Articles 103 – 109 of the Companies Law no. 31/1990 (“Companies Law”). The operation is, however, limited by certain conditions, based on reasons such as the goal to avoid speculation by the company on the price of its own shares or the difficulty to accept that the company can be, at the same time, a shareholder (being thus both debtor and creditor)[1].

Dentons has advised EnergoNuclear on an engineering, procurement, and construction management contract for the advancement of the Cernavoda Nuclear Power Plant Units in Romania. CMS reportedly advised the counterparty.

Filip & Company and Deloitte Legal-affiliated Reff & Asociatii have successfully represented BT Leasing Transilvania IFN before the Bucharest Court of Appeal in a first-instance decision that annulled a Competition Council Decision imposing fines on 16 companies and the Financial Services Association following an investigation into the financial leasing market.

Filip & Company Partner Catalin Alexandru dives into Romania's legal and business landscape, examining the impact of election-year dynamics on regulatory activity, the Constitutional Court's landmark decision on the windfall tax, the surge in public-private partnerships tied to infrastructure projects, and the general market trends.

Stratulat Albulescu has advised World Class on a lease of space in the Moldova Mall in Iasi from Prime Kapital.

The way in which resolutions are adopted in limited liability companies (“LLC”) with a sole shareholder who is a legal person, has given rise, in practice, to contradictory views, underscoring several relevant legal aspects. We will explore below some of these aspects.

Former Biris Goran Real Estate Partner Daniela Lazea has left the firm after 17 years and has joined Global Vision as General Counsel.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

CWB has successfully represented the interests of Renault and its Romanian subsidiary Dacia before the Serbian Supreme Court.

Schoenherr has promoted Vienna-based Stefanie Aichhorn-Woess, Alfred Amann, Johannes Frank, Ayla Ilicali, Christoph Jirak, Sara Khalil, Sebastian Lukic, Johannes Stalzer, and Stefanie Stegbauer, Zagreb-based Kresimira Kruslin, Warsaw-based Daniel Radwanski, and Bucharest-based Nora Olah to Partner (already announced in August this year).

Popescu & Asociatii has successfully defended Cosmin Sandru and Nicolae Bitea, members of the PNL Timis party, before the High Court of Cassation and Justice of Romania against corruption charges.