Vlasceanu & Partners and Wolf Theiss have advised the Ratesti Solar Plant – an Econergy group and Nofar group subsidiary – on the EUR 60 million financing from Raiffeisen Bank International and Raiffeisen Bank Romania to finance part of its EUR 102 million 155-megawatt solar project in Ratesti, Romania. CMS reportedly advised Raiffeisen Bank.
Discontinuation of Decade Long Status Quo - Ex officio Censorship of Attorney Fees to be Ceased by Means of New Legislative Proposal
A recent legislative project registered for debate with the Romanian Senate indicates that the current state of affairs pertaining to the reimbursement of judiciary costs is on the cusp of a major change.
DLA Piper Advises Washington Dental Service on Acquisition of 50% Stake in Software Developer 8 West Consulting
DLA Piper has advised Seattle-based Washington Dental Service on its acquisition of a 50% stake in 8 West Consulting.
Stratulat Albulescu Advises Respira Verde and Founders on Partial Exit to OMV Petrom
Stratulat Albulescu has advised the founders of Respira Verde on the sale of 50% of their stake in Respira to OMV Petrom.
AxPartners and Pop & Partners Advise on Sale of Kepler Management Systems to Bittnet Group
Andronic x Partners has advised the shareholders of Kepler Management Systems on the sale of the company to the Bittnet Group. Pop & Partners advised the buyers.
RTPR and CEE Attorneys Advise on EMI Group's Acquisition of KADRA
RTPR has advised EMI Group on the acquisition of KADRA. CEE Attorneys advised the sellers.
Stratulat Albulescu and Wolf Theiss Advise on Sopsa Leasing 6,400 Square Meters in Eli Park 4 To Enter Romanian Market
Stratulat Albulescu has advised Eli Parks on the lease agreement with Portuguese environmental services company Sopsa for premises covering 6,400 square meters in Eli Park 4, outside Bucharest. Wolf Theiss advised tenant Sopsa Eco Innovation.
Tuca Zbarcea & Asociatii Works with IFC on Romania's PPP and Concessions Framework
Tuca Zbarcea & Asociatii and the IFC have worked alongside Romania's General Secretariat of the Government, Ministry of Finance, Ministry of Development, Public Works, and Administration, and Ministry of Transport and Infrastructure to update the country's regulatory framework regarding public-private partnership projects, works concessions, and service concessions.
MPR Partners Advises EnPower Energy on Development and Sale of Ovidiu 60-Megawatt PV Project to Econergy
MPR Partners has advised EnPower Energy on the development and sale of a 60-megawatt photovoltaic project near Ovidiu, Romania, to Israel's Econergy International.
Musat & Asociatii Advises on Development of Visionapartments Luxury Aparthotel in Bucharest
Musat & Asociatii has advised Visionapartments on the development of the Visionapartments luxury aparthotel on Bucharest's Calea Victoriei.
Deloitte Legal Advises Romania's ANAF on Modernizing Tax Controls
Deloitte Legal Romanian affiliate Reff & Associates has advised Romania's National Agency for Fiscal Administration on implementing an EU-funded project to modernize tax controls, including amending the relevant legislation to provide the framework for intensifying desk audits and targeted checks.
DLA Piper Advises Montana Aerospace on EUR 450 Million Financing
DLA Piper has advised Montana Aerospace on a EUR 450 million corporate financing from a syndicate including Commerzbank Aktiengesellschaft, HSBC Continental Europe, and UniCredit Bank Austria.
Act Legal Romania Onboards Nine-Lawyer Consortium Legal Team
Act Legal Botezatu Estrade Partners has recently announced it welcomed a nine-person team from Consortium Legal – including Partners Stelian Mic, Barna Bolonyi, and Valeriu Timus – in "a friendly integration and a strategic step forward."
Dentons and Clifford Chance Advise on CEC Bank EUR 162 Million Note Tap
Dentons has advised the CEC Bank on raising EUR 162.6 million through a tap of its senior non-preferred MREL-eligible notes due February 2028. Clifford Chance advised the underwriting banks.
Schoenherr Inks New Pro Bono Agreement with Concordia To Continue 15-Year Partnership
Schoenherr has signed new legal services and partnership agreements to continue providing pro bono legal advice to Concordia – an independent NGO supporting children, young people, and families in need in Romania, Bulgaria, Moldova, Kosovo, and Austria – which the firm has been supporting for the past 15 years.
Romania to Ratify the Unitary Patent Court Agreement
On 16 November 2023, the Romanian Government approved the draft law aimed at ratifying the Unitary Patent Court Agreement (“UPCA”). Going forward, the draft law will be sent to the Romanian Parliament for its approval.
APTIQ Legal Announces Partnerships with Diana Dinu Dobrin in Bucharest and Gal Ghilasi Procopciuc in Brasov
APTIQ Legal – the legal division of boutique consultancy APTIQ Global – has announced it is joining forces with the office of Bucharest lawyer Diana Dinu Dobrin and the Gal Ghilasi Procopciuc law firm in Brasov.
BNT Attorneys Advises Procredit Bank on EUR 3.15 Million Credit Facility to NextE Group for 7.4-Megawatt PV Plant
BNT Gilescu Valeanu & Partners has advised the Procredit Bank on granting a EUR 3.15 million credit facility to the NextE Group for the construction of a 7.4-megawatt-peak photovoltaic power plant.