The Covid-19 pandemic took the world by surprise, and the response of the Banking & Finance sector was essential in dealing with the economic consequences of the crisis.

In The Corner Office we ask Managing Partners across Central and Eastern Europe about their unique roles and responsibilities. The question this time: “What one ongoing pro bono initiative or project or charity/volunteering project that your firm is involved with has the most meaning for you personally, and why?”

It is no easy task this day and age to talk of “legal market trends.”

Anca Iulia Zegrean, Head of Labor at Biris Goran in Romania, has been promoted to Partner at the firm.

TPA Romania has successfully represented Austrotherm Romania before the High Court of Cassation and Justice in a dispute with Romania’s fiscal authorities over excise taxes.

Video games are a form of modern art and certainly number among the most recent forms of creative arts. The major difference between video games and traditional art is the active, rather than passive, participation of the recipient of the art in the process of its delivery.

Popovici Nitu Stoica & Asociatii has advised Dr. Leahu Dental Clinics on its acquisition of Corident Pro Clinic in Sibiu, Romania.

On 13 January 2021, new provisions regarding the minimum gross salary guaranteed at national level were announced in the Romanian Official Gazette.

The last few months have been marked by the challenges caused by the coronavirus pandemic which made obviously the need for digitalization and led the competent authorities to adopt several measures in this regard.

Musat & Asociatii has advised tech giant Google LLC on Romanian aspects of its acquisition of Fitbit.

Mihaela Racles has joined Profi Rom Food as the company's Legal Compliance Director in Romania.

In the last years, cybersecurity has become one of the European Commission’s critical priorities. Given that the landscape of threats has significantly expanded, it comes as no surprise that the Commission has proposed a revised version (the “Proposal”) of the Directive concerning measures for a high common level of security of network and information systems across the Union (“NIS Directive”).

Stratulat Albulescu, working with lead counsel Nixon Peabody, has advised US-based ThoughtWorks on the acquisition of Romanian software developer Gemini Solutions.

Bondoc si Asociatii has advised independent electricity and gas supplier Restart Energy on its cooperation agreement with DC-based consulting and fund management company Interlink Capital Strategies to develop green energy projects worth USD 500 million in Romania and neighboring countries, and to launch the blockchain-based RED platform in the USA.

Cosmin Libotean, Andra Mihalache, and Cristi Tudor have made Equity Partner at Musat & Asociatii in Romania.

Teodor Hnatec has left Mitel & Partners to co-found a new firm with Partner Ioana Hnatec: Hnatec Attorneys at Law.

Radu si Asociatii has advised the Electrica Group on a merger through which Societatea de Distributie a Energiei Electrice Transilvania Nord S.A. absorbed two other group distribution companies: SDEE Transilvania Sud S.A. and SDEE Muntenia Nord S.A. 

Tuca Zbarcea & Asociatii has advised Engie Romania on the acquisition of a 9.3 MW photovoltaic park from developer Alpin Solar and Ever Solar SA, a subsidiary of German photovoltaic park developer Soventixr. The sellers were advised by Jinga & Asociatii.