CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Glodeanu & Partners has negotiated a lease agreement for Amrest with Caile Ferate Romane, the Romanian railway company, to help Amrest open a new Starbucks in Bucharest's Gara the Nord train station.
Wolf Theiss has advised the Visma group on its acquisition of Intelligent IT, developer of the SmartBill billing software. RTPR Allen & Overy advised Intelligent IT's selling shareholders.
CMS has advised AFI Europe on its EUR 300 million acquisition of four Class A office projects in Romania from NEPI Rockcastle. The sellers were advised on the transaction, which is reported by CMS to be "one of the biggest in CEE and the largest-ever for the Romanian real estate market," by Herbert Smith Freehills and Reff & Associates, the Romanian member firm of Deloitte Legal.
Tuca Zbarcea & Asociatii has entered into a partnership with Trident Capital Investments to offer what it calls "integrated services of legal/tax and financial advisory for clients running various investment projects."
Suciu Popa has successfully represented the Azvi construction company in a labor dispute with one of its former managers.
“There haven’t been significant changes on the Romanian legal market,” says Alexandra Rimbu, Partner at MPR Partners⎮Maravela, Popescu & Roman in Bucharest. “Recent changes were rather small and had no overarching impact on the legal market – the structure remains unchanged.”
Stratulat Albulescu has advised the CalCon Group on its sale of a majority shareholding to Aareon, a provider of systems and consulting services for the property industry.
The Romanian office of CEE Attorneys has advised the founders of 7Card on the acquisition of a 25% shareholding in the Holde Agri project of local Romanian entrepreneurs, which recently succeeded in obtaining a Series A funding of EUR 5 million.
Stratulat Albulescu has advised the Niro Investment Group on a EUR 24 million loan from Libra Bank.
Stratulat Albulescu has helped CCBA Verwaltungs GmbH obtain merger control clearance from the Romanian Competition Council for its takeover of Reinert Kunststofftechnik SRL.
Biris Goran has advised InteRo Property Development Estates SRL on its sale of a 26,200 square meter plot in the northern part of Bucharest to Skanska.
RTPR Allen & Overy in Romania and Allen & Overy in Poland have advised Powszechna Kasa Oszczednosci Bank Polski S.A. on a PLN 73 million and EUR 5.5 million financing granted to Polski Bank Komorek Macierzystych S.A., a Polish stem cells bank. Clifford Chance reportedly advised PBKM.
Stratulat Albulescu has advised Romanian health and fitness chain World Class Romania on its acquisition of the Planet Swim and Gym fitness center in Bucharest.
Stratual Albulescu has advised Societe Generale, acting through its service center subsidiary, Societe Generale European Business Services, on the lease of 10,500 square meters in the third building of Skanska's Campus 6 development under construction in the Cotroceni part of Bucharest.
Dumitrescu Bajenaru Oancea has merged with Zamfirescu Racoti Vasile & Partners in Bucharest, with Andrei Dumitrescu, Mihai Bajenaru, and Robert Oancea joining ZRVP’s management team as partners effective on January 1st, 2020. The consolidation will boost ZRFP's headcount to 65 lawyers, including 13 partners and 30 staff members.
Popovici Nitu Stoica & Asociatii has advised BRD Groupe Societe Generale on its co-investment with Raiffeisen Bank and BCR in CIT One. The transaction is pending regulatory approval. BCR and CIT One were advised by Filip & Company, while Raiffeisen Bank was advised by Nestor Nestor Diculescu Kingston Petersen.
Tuca Zbarcea & Asociatii has promoted Dan Cristea and Ciprian Timofte to Partner following the firm’s annual performance review in November. The promotions, which will become effective on January 1, 2020, will bring the total number of partners at the firm to 29.
RTPR Allen & Overy has advised Autonom Services S.A. on its issuance of corporate bonds. The bonds, which will be traded under the symbol AUT24E on the Bucharest Stock Exchange, have a nominal value of EUR 1,000, a maturity of five years and a fixed interest of 4.45% p.a., payable annually.
MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration.
MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services.
Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate.
More client feedback and further information on MPR Partners | Maravela, Popescu & Roman can be found at www.mprpartners.com.
All News about MPR Partners | Maravela, Popescu & Roman can be found here.
