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 Advises DRI on Acquisition of 126-Megawatt Solar Park in Romania
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.
Leading the Way: Advancing Inclusion, Diversity, and Equity in the Legal Profession in Central and Eastern Europe
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 Advises Agir on Acquisition of Sidma Romania
CMS has advised Agir Global on the acquisition of Steel Service Center Sidma Romania.
NNDKP Employment Flash No.3/2024 – Latest News in the Labor Law Field
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 Advises America House on Lease Agreements with VSR and Ebury
Tuca, Zbarcea & Asociatii has advised America House on its recent lease agreements with VSR and Ebury.
Clifford Chance Advises MORE on Entry into Romanian market
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.
Cristina Daianu Joins BPV Grigorescu Stefanica
Former Dentons Partner Cristina Daianu has joined BPV Grigorescu Stefanica as a Partner in its corporate and mergers & acquisitions practice group.
PeliPartners Advises Mitiska REIM on EUR 19 Million Loan from Erste Group Bank
PeliPartners has advised Mitiska REIM on a EUR 19 million loan from Erste Group Bank for the financing of a retail park in Pitesti.
PNSA Advises Orange Group on Post-Acquisition Merger Between Orange Romania and Orange Romania Communications
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.
Kinstellar Advises Canadian Nuclear Partners on Framework Agreement with Nuclearelectrica for Refurbishment of Unit 1 at Cernavoda Nuclear Power Plant
Kinstellar has advised Canadian Nuclear Partners on the framework agreement for the refurbishment of Unit 1 at the Cernavoda nuclear power plant.
Vasile Tiple Joins KPMG Legal Toncescu si Asociatii
Former Goodlegal founder and UiPath Head of Legal Automation Vasile Tiple has joined KPMG Legal Toncescu si Asociatii "in a collaboration designed to help local and CEE clients to understand technology and its challenges."
Kinstellar and Filip & Company Advise Digi on EUR 150 Million Senior Facility Granted to Digi Romania
Kinstellar, working with Linklaters, has advised ING Bank on a EUR 150 million senior facility agreement granted to Digi Romania. Filip & Company advised the borrower.
Issues Raised by the ANPC During Thematic Inspections of Real Estate Developers
The National Authority for Consumer Protection (ANPC) recently organized thematic controls of real estate developers of residential projects to verify their compliance with the legal provisions on consumer protection.
Enhancing Workplace Harassment Regulations: An Examination of Romania’s Latest Legislative Efforts
Workplace harassment is a global issue that undermines the dignity of people and the productivity of employers. Recognizing the need for firm legislative measures, Romania has legislated significant changes to create a safer and more equitable work environment. A key development is the 2023 Methodology for Preventing and Combating Gender-Based and Moral Harassment at Work (Methodology), approved by Government Decision No. 970 on October 12, 2023. This article examines the content of this methodology, its integration with international legal instruments such as the ratification of the 2019 ILO Convention No. 190, and the recent adoption of the EU Whistleblowers’ Directive.
The Life Sciences Industry in Romania: State of Play and What We Can Further Expect
Life sciences in Romania, encompassing pharmaceuticals, biotechnology, and medical devices, is a sector marked by both significant challenges and promising opportunities. As the country continues to integrate into the European Union’s regulatory and economic frameworks and as those frameworks evolve and become more complex, Romania faces the constant task of aligning its local industry with European and international standards. This alignment is crucial for fostering innovation, ensuring public health, and attracting foreign investment. The industry’s growth is influenced by many factors, such as financing, pricing and reimbursement, regulatory compliance and product liability, and sustainable public procurement tools and processes.
Increase in the Number of Investigations Concerning Fraudulent Use of EU Public Funds
The European Public Prosecutor’s Office (EPPO) is an independent body of the European Union (EU) tasked with investigating criminal cases infringing the financial interests of the EU. The EPPO was formally established in 2017 and started operations in 2021. The first and current head of the European Chief Prosecutor is Laura Codruta Kovesi, former Chief Prosecutor of the National Anticorruption Directorate (Directia Nationala Anticoruptie; DNA), the Romanian agency tasked with investigating corruption cases.
The Debrief: June, 2024
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.