BPV Grigorescu Stefanica has advised the Hornbach Group on the development of a DIY mega-store in Oradea, Romania.

Popovici, Nitu, Stoica & Asociatii has advised Bico Industries and majority shareholder Mihai Birliba on the acquisition of a 30% stake in Bico by Roca Investments, which is part of the Impetum Group.

Filip & Co has advised BCR on its sale of equal 33.3% stakes in the CIT One armored car company to BRD Groupe Societe Generale and Raiffeisen Bank Romania. 

Noerr has advised Michael Jaffe, the insolvency administrator of Wirecard Sales International Holding GmbH, on the sale of all shares of its subsidiary Wirecard Romania SA to SIBS.

The SEE Legal law firm alliance has announced the formal launch of two new practice groups, one dedicated to Employment and Immigration, headed by Kolcuoglu Demirkan Kocakli Counsel Maral Minasyan, and one dedicated to Intellectual Property, headed by Selih & Partnerji Partner Natasa Pipan Nahtigal.

After two stages of public consultations in which the grid connection operators became intensively involved, the Romanian Energy Regulatory Authority (“ANRE”) adopted new rules for connection to the power grid by means of Order no. 160/2020 amending and supplementing the Regulation for the connection of users to the public interest power grids, approved by ANRE Order no. 59/2013 (the “Connection Regulation”).

Raluca Rusu has been promoted to Partner at Popovici Nitu Stoica & Asociatii in Bucharest.

MPR Partners has advised Interparking on its acquisition of the Bucur Obor Parking building in Bucharest from Parcaj Subteran Bucur Obor.

Suciu Popa has successfully represented Grup Feroviar Roman in its request that a bankruptcy claim filed against its subsidiary Rovit SA be dismissed.

September 2020 has brought negative prices for electricity on the Romanian balancing market (“BM”). How was this possible and what are the consequences?

Tuca Zbarcea & Asociatii has advised the Clever Business Transilvania media group on its acquisition of Prima TV in Romania.

Acting on behalf of Hidroelectrica, Filip & Co has successfully persuaded the European Court of Justice to, in the firm's words, "confirm the free market status for all energy transactions by stating that imposing OPCOM as the sole transaction platform for producers is an unjustified restriction on the free movement of goods."

In November 2018, the European Parliament and the Council of the European Union have enacted the Directive (EU) 2018/1808 amending Directive 2010/13/EU on the coordination on certain provisions laid down by law, regulation or administration in Member States concerning the provision of audio-visual media services in view of changing market realities (the “Audio-Visual Media Services Directive”).

Bondoc & Asociatii has advised Eviva Energy on the restructuring of an outstanding commercial debt owed to it by an unspecified renewable energy operator in Romania.

The screening of foreign direct investments (FDIs) has been a hot topic for some time now across CEE. Several jurisdictions have adopted stricter measures of scrutiny allowing for the vetting of transactions potentially posing security risks.

CEE Attorneys / Boanta, Gidei si Asociatii has advised Romanian entrepreneur Andrei Cretu on the launch of the Pluria B2B platform.

PNSA has advised Burda Group on the sale of its business in Romania to an unspecified buyer.

AbbVie has promoted Romanian lawyer Alex Potlog in the role of Legal Director for the UK and Ireland.