Starting in February 2023, Partner Alexander Popp will take over as Managing Partner, with Partner Gudrun Stangl continuing in the COO position. Rounding out the Schoenherr Steering Committee are Partners Matei Florea, Thomas Kulnigg, and Franz Urlesberger.

Freshfields Bruckhaus Deringer and Wolf Theiss have advised a consortium of banks on the EUR 800 million revolving ESG-linked credit facility for the Vitesco Technologies Group. Creel Garcia-Cuellar Aiza y Enriquez and Yulchon reportedly advised the banks in Mexico and South Korea, respectively.

Contributed by Nestor Nestor Diculescu Kingston Petersen.

Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Kinstellar Bucharest Managing Partner Victor Constantinescu has worked on 12 reported Real Estate deals in Romania over the past nine years – the most of any lawyer in the country?

Radu Taracila Padurari Retevoescu and Allen & Overy have successfully represented Romania's Zenith Media Communications before the CJEU in a dispute regarding the calculation of competition infringement-related fines. 

On September 9, 2022, CEE Legal Matters reported that PeliPartners had advised WDP on the acquisition of the Arad Business Park logistics center. CEE In-House Matters spoke with Adrian Vitelaru, Chief Operating Officer at WDP Romania, to learn more about the acquisition.

Following in the footsteps of the previously adopted Government Emergency Ordinance no. 27/2022 on the measures applicable to final consumers on the electricity and natural gas market between 1 April 2022 and 31 March 2023, as well as for amending and supplementing certain regulations in the energy sector (GEO 27/2022), as well as the subsequent Government Emergency Ordinance no. 119/2022 (GEO 119/2022), which amended GEO 27/2022 as of 1 September 2022, the Romanian Government has recently adopted a new regulatory act, further amending both GEO 27/2022 and GEO 119/2022, and establishing an even higher degree regulatory control over the energy market, in the form of Government Emergency Ordinance no. 153/2022 for the amendment and supplementation of GEO 27/2022 and GEO 119/2022 (GEO 153/2022), published in the Official Gazette of Romania on 11 November 2022. 

Noerr Partner Joerg Menzer will be the new Secretary-General of the International Bar Association, starting from January 1, 2023.

Former Dragne & Asociatii Lawyer Razvan Bala has joined Cluj-based Vlasin & Associates as a Partner.

Former Constitutional Court judge and National Anti-Corruption Department Chief Prosecutor Daniel Morar has joined forces with the Albu Legal white-collar and corporate crime law firm, joining as a Senior Partner to form Albu Morar.

Popescu & Asociatii has successfully represented the interests of the City of Sinaia in a construction dispute.

Coman Mindru Popescu has successfully represented Chenda Filoteia against Romania's Ministry of Health, National Health Insurance House, and National Agency for Medicines and Medical Devices in a dispute over national health insurance coverage of the usage of Avastin for the glioblastoma therapeutic indication.

SLV Legal has advised Yarooms on its EUR 2 million seed round led by GapMinder VC. Stratulat Albulescu advised GapMinder.

AS Legal Advice has advised Golden Food Snacks on its acquisition of Derpan. EY-affiliated firm Bancila, Diaconu si Asociatii reportedly advised Golden Food Snacks on competition matters.

On October 20, 2022, the Government Emergency Ordinance no. 140/2022 on the single industrial licence (“GEO 140/2022”) adopted by the Romanian Government has been published in the Official Gazette.

Clifford Chance has advised Rezolv Energy on the acquisition of a 1,044-megawatt solar plant in Arad County from the Monsson Group. Biris Goran and Berechet Rusu Hirit advised Monsson on the sale.

Bucharest-based Baiculescu & Asociatii has announced it is expanding its footprint through a partnership with Cluj-based Vlasin & Associates.

A hot topic in today's Romanian tax world is the activity of online “opinion makers”, i.e. influencers, bloggers and vloggers, and not only, related to the well-known online and social media platforms, according to an investigation carried out by the Romanian tax authorities. “Why?” one may ask.