Did you know that, according to the Activity Rankings function of the CEELMDirect website, a total of twenty law firms and seventeen individual lawyers worked on five or more reported Romanian client matters in 2023? 

Ijdelea & Associates has advised United Petfood on the regulatory and permitting procedures for the construction of a new production and storage facility in Romania.

Looking back at 2023, we witnessed important developments in the legal framework for environmental protection (in the broad sense).

Exciting developments are on the horizon for the Romanian banking community, as efforts are underway to streamline the framework regulating outsourcing arrangements.

Radu Taracila Padurari Retevoescu has advised the Morphosis Capital private equity fund and a group of co-investors from Belgium on the acquisition of a majority stake in the Mark Twain International School. Popovici Nitu Stoica & Asociatii advised the Mark Twain International School.

Musat & Asociatii has advised Tecadra Hotels on its partnership with the Accor Group for the complete transformation and expansion of the Tecadra Hotel in Bucharest.

Former Marieta Avram Law Office Partners Mugurel Tataru and Elena Adina Tataru have joined the Serban & Asociatii law firm in Bucharest as a Partner and Of Counsel, respectively.

PeliPartners has advised Mirova on its EUR 140 million investment into Hyperion Energy Investments SGPS.

Radu Taracila Padurari Retevoescu has advised Engie Romania on its acquisition of an 80-megawatt operational wind farm majority owned by the EnerCap Group, in Chirnogeni, Romania.

Berechet Rusu Hirit has successfully represented photovoltaic project developer and operator NextE in overturning a 2022 document issued jointly by Romania's notary public union and national cadaster agency that limited the development of renewable energy projects on collectively held land in rural areas.

CMS has advised UniCredit Bank on its EUR 39.3 million financing for Enery group subsidiary Comcris Energy for the construction of a 51.4-megawatt solar ground-mounted photovoltaic project located in Sarmasag, Romania. Clifford Chance Badea reportedly advised the borrower.

Former Senior Associate Roxana Mandrutiu has been appointed a Partner with Revnic Cristian & Associates in Cluj-Napoca.

Poland's Weronika Kapica and Daria Rutecka, Romania's Adina Damaschin and Mara Moga-Paler, Serbia's Zoran Soljaga, Slovakia's Michal Lucivjansky, and Slovenia's Peter Gorse have all been appointed to Partner positions with Schoenherr.

Kinstellar has announced several appointments to firm-wide practice and sector leadership positions, including Partner Csilla Andreko in Budapest, Partner Iustinian Captariu and Special Counsel Magda Raducanu in Bucharest, Managing Partner Milos Velimirovic in Belgrade, Managing Partner Lukas Sevcik and Counsel Jan Lehky in Prague, and Managing Associate Lukas Mrazik in Bratislava.

On January 16, 2024, Filip & Company announced that the transfer of the Orange Money Romania retail business to Alpha Bank (reported by CEE Legal Matters on August 29, 2023) had closed.

Wolf Theiss and Cobalt have advised Accession Capital Partners Credit on a EUR 10 million credit facility granted to Mogo IFN.

On January 22, 2024, Vernon David announced that Victoriabank’s acquisition of the BCR Chisinau subsidiary (reported by CEE Legal Matters on April 7, 2023) had closed.

Suciu Popa has advised Eximprod on the construction agreement for the development and construction of the grid connection of the Studina photovoltaic plant.