The VAT deduction right is probably the most important topic in the VAT system of the European Union. This is also confirmed by the jurisprudence of the Court of Justice of the European Union, where it represents the most addressed subject.
Schoenherr and Tuca Zbarcea & Asociatii Advise on OMV Petrom and Renovatio Partnership
Schoenherr and sole practitioner Mihaela Aliman have advised Renovatio on its two-pronged transaction with OMV Petrom concerning the sale of a 50% stake in 1-gigawatt renewable projects company Electrocentrale Borzesti and the sale of Renovatio Asset Management, operating more than 400 electric-vehicle charging points in Romania. Tuca Zbarcea & Asociatii advised OMV Petrom.
Schoenherr Advises PESA on EUR 223 Million Contract with Romanian Railway Reform Authority
Schoenherr has advised Polish rolling stock manufacturer Pojazdy Szynowe PESA Bydgoszcz on a public procurement contract with the Romanian Railway Reform Authority for the delivery of 20 long-distance electric multiple-unit trains.
RTPR and BSMP Advise on Macquarie Asset Management Sale of CEZ Vanzare to Premier Energy
RTPR has advised Macquarie Asset Management on the sale of CEZ Vanzare to Premier Energy. BSMP Bohalteanu & Asociatii advised Premier Energy.
PGC Partners Advises MediFood International on Entering Romanian Market
PGC Partners has advised MediFood International on entering the Romanian market and the establishment of its Romanian operations.
Ijdelea & Associates Helps Nano Energies Obtain License from Romanian Energy Regulatory Authority
Ijdelea & Associates has advised the Romanian subsidiary of Nano Energies on obtaining a license from the Romanian Energy Regulatory Authority "for the aggregation of both producers and consumers."
Wolf Theiss and DLA Piper Advise on DRIM Daniel FMCG Sale to Zabka Polska
Wolf Theiss has advised the shareholders of Romania's DRIM Daniel FMCG on the sale of their majority stake in the company to Polish retail company Zabka, part of CVC Capital Partners. DLA Piper advised buyer Zabka Polska.
Tuca Zbarcea & Asociatii Advises Amethyst Radiotherapy Group on Sale of Buildings to BT Property Alternative REIF
Tuca Zbarcea & Asociatii has advised the Amethyst Radiotherapy Group on the sale and lease-back of three buildings to the BT Property Alternative Real Estate Investment Fund.
RTPR and PeliPartners Advise on Black Sea Fund Acquisition of Gymboland
RTPR has advised the Black Sea Fund on its acquisition of Gymboland in Romania. PeliPartners advised Gymboland.
Schoenherr and Glodeanu & Partners Advise on Kommunalkredit Financing for INVL Solar Plants in Romania
Schoenherr has advised Kommunalkredit Austria on a EUR 25 million loan to the INVL Renewable Energy Fund I to finance the construction of solar power plants with a total capacity of 51 megawatts in Romania. Glodeanu & Partners advised the INVL fund. Sorainen reportedly advised Kommunalkredit as well.
Suciu Popa Advises Meta Estate Trust on Partnership with APX for Cotroceni Residential Project
Suciu Popa has advised the Meta Estate Trust on its partnership agreement with developer APX Immo Property to erect a "21-apartment premium real estate project within the Cotroceni area" of Bucharest.
Norton Rose Fulbright Advises Inter Cars on PLN 2.54 Billion Sustainability-Linked Financing
Norton Rose Fulbright has advised Inter Cars on the extension, increase, and reorganization of its senior facilities in the aggregate amount of approximately PLN 2.54 billion (USD 642 million). Kinstellar, Magnusson, Kelemenis, and Glimstedt reportedly advised on the matter as well.
PeliPartners Advises Hidroelectrica on UCM Resita Business Line Acquisition
PeliPartners has advised Romanian hydropower company Hidroelectrica on its acquisition of the ABC and Calnicel platform business lines from UCM Resita.
Suciu Popa Advises Eximprod on Sustainable Lease in Equilibrium Complex Developed by Skanska
Suciu Popa has advised Eximprod on its sustainability-driven lease agreement for a 1,300 square-meter space in the Equilibrium 2 building developed by Skanska in Bucharest.
Luiza Bedros and Sebastian Popescu Make Associated Partner at Noerr in Bucharest
Noerr Attorney-at-Law Luiza Bedros and Counsel Sebastian Popescu have been appointed as Associated Partners in the firm's Bucharest office. Cristina Stamboli, Oana Piticas, and Alexandru Dan were all elevated to Counsel during the same promotion round.
Schoenherr Advises Nofar Energy on Acquisition of 255-Megawatt PV Project from Portland Trust in Romania
Schoenherr has advised Nofar Energy on its acquisition of a 255-megawatt photovoltaic project under development from Portland Trust.
Filip & Company Advises Alpha Bank on Cluj County’s EUR 75.68 Million Bond Issuance
Filip & Company has advised BT Capital Partners, Alpha Bank, and Raiffeisen Bank on Cluj County’s EUR 75.68 million bond issuance.
Clifford Chance Badea Advises Fondul Proprietatea on RON 1 Billion Share and GDR Buy-back
Clifford Chance Badea has advised Fondul Proprietatea on the public tender offer to buy back issued shares and global depositary receipts listed on the Bucharest and London Stock Exchanges.