PwC Legal Romanian affiliate D&B David and Baias has advised DataArt on its acquisition of Lola Tech.

Stoica & Asociatii has successfully represented Aqua Carpatica before the Romanian High Court of Cassation and Justice in a trademark litigation dispute.

Filip & Company has advised Alesonor Real Estate Development on its partnership with Pescariu Sports & Spa for the development of the sports center and leisure areas within Alesonor's Amber Forest project in Romania.

Law no. 275/2022 to repeal Government Emergency Ordinance no. 37/2021 to amend and supplement Law no. 53/2003 - Labour Code has been published in the Official Gazette of Romania, Part I, no. 961 of 3 October 2022 (“Law 275/2022”).

Bogdan Bularda has been promoted to Partner with Grecu & Asociatii in Romania.

Radu Taracila Padurari Retevoescu has advised Integral Venture Partners on its investment in Medima Health. Schoenherr reportedly advised Medima Health majority shareholder Morphosis Capital Fund I.

Turcan Cazac Managing Partner Alexander Turcan has been elected President of the Chisinau Bar.

Boyanov & Co has advised BioIVT on its acquisition of Fidelis Research. Divjak Topic Bahtijarevic & Krka, BDK Advokati, Nestor Nestor Diculescu Kingston Petersen, and Kolcuoglu Demirkan Kocakli have advised BioIVT on Croatian, Serbian, Romanian, and Turkish law-related matters, respectively. Hristov & Partners advised Integrity Capital Investments on the sale. Penkov Markov & Partners advised the other sellers.

Wolf Theiss has advised Dacia Plant shareholders Calin Ioan Ianta and Radu Ionescu-Heroiu on the sale of a majority stake in the company to Ceres Pharma. PwC's Romanian affiliate D&B David and Baias advised Ceres Pharma on the deal.

Freshfields Bruckhaus Deringer, Rymarz Zdort, and Filip & Company have advised One Equity Partners on its acquisition of Muehlhan’s European and US businesses. Reportedly, Eversheds Sutherland member firm Tsvetkova, Bebov & Partners advised the buyer in Bulgaria, while Bech-Bruun, Georgiades & Pelides, and CLP advised the buyer in Denmark, Cyprus, and Norway.

Radu Taracila Padurari Retevoescu has advised Qualitance founders Radu Constantinescu and Ioan Iacob on the sale of the company to Alten. CMS reportedly advised Alten on the acquisition.

Glodeanu & Partners has advised the INVL Renewable Energy Fund I on its acquisition of a 102.7-megawatt portfolio of solar projects in Romania.

Dentons and Dimitrijevic & Partners have advised coordinator, bookrunner, and mandated lead arranger UniCredit on a EUR 90 million term loan facility for Mtel Banja Luka. Solo practitioner Loren Richards reportedly advised the borrower.

Zamfirescu Racoti Vasile & Partners has successfully represented OMV Petrom in ICC arbitration proceedings regarding a dispute with a contractor. 

Former Managing Associates Ana-Maria Filip and Bogdan Toma have been appointed as Partners with Dragne & Asociatii as of September 1, 2022.

The Whistleblowing Act in Romania (currently in the form of a revised bill, again waiting for a final vote in the Parliament) has been hotly debated over and over again during the past year: authorities, consultants, lawyers, employers and anti-fraud specialists have been going through the bill in detail and working out the challenges it will raise, both for public entities and private companies. 

According to the latest figures from the National Institute for Statistics and other public information, the annual inflation rate has continued to rise and, at 15.32% in August, reached its highest rate in 20 years. Inflation has been rising at a galloping rate over the past year, both globally and nationally. 

Former Suciu Popa Senior Associate Daiana Ichimescu has joined Adesman & Asociatii as a Partner.