On January 11, 2024, Romania enacted significant amendments to its legislation on public-private partnerships (PPPs). While the country has had a dedicated PPP legal framework since 2002, no major infrastructure projects have been developed through this mechanism. To attract private investors and international financial institutions to participate in such projects in Romania, Government Emergency Ordinance no. 39/2018 on PPPs (GEO no. 39/2018) has been amended substantially.

RTPR has advised Romcim on its acquisition of Tehno World. Schoenherr advised Romcim on the associated merger clearance and FDI filing and Popovici, Nitu, Stoica & Asociatii advised TehnoWorld on the deal.

Greenberg Traurig has advised CCC Group on the up to PLN 1.8 billion term and revolving facilities provided by a consortium of banks and finance institutions. Clifford Chance and Lakatos, Koves and Partners advised the lenders.

Nestor Nestor Diculescu Kingston Petersen has advised Aaylex One on a EUR 20 million loan facility granted by a syndicate of banks.

Albota Law Firm has advised OX2 on the construction contracts with two undisclosed contractors of the company's first wind farm in Romania as well as on permitting and regulatory matters.

Clifford Chance has advised PPC Group on its acquisition of Evryo Group's renewable energy portfolio in Romania, including 629 megawatts of renewable energy sources in operation and 145 megawatts in pipeline assets. RTPR and, reportedly, Jones Day advised Evryo on the deal.

Filip & Company has advised the Digi Group's Portuguese subsidiary on its acquisition of 100% of the shares issued by Cabonitel, S.A. at a value of EUR 150 million.

A&O Shearman and RTPR have advised OX2 on its sale of a 99.2-megawatt onshore wind project in Romania to Nala Renewables in a transaction valued at approximately EUR 214 million. CMS reportedly advised the buyer.

Baciu Partners has promoted Andrei Cosma and Corina Roman to Partner.

Filip & Company has advised Simtel Team S.A. on the transfer of its shares to the Main Market of the Bucharest Stock Exchange. 

Schoenherr has advised BlackPeak Capital and Catalyst Romania Fund II on a EUR 10 million Series B funding for Leanpay.

Albota Law Firm has advised Nor Real Estate S.R.L. on a EUR 21 million loan agreement and related security package with OTP Bank Romania to support the development and leasing of Phase I (B1/B2) of the @Expo office project.

Stratulat Albulescu has advised International Chemical Investors Group on the acquisition of a dormant bioethanol production site in Podari from Clariant Group.

Taylor Wessing, Stratulat Albulescu, and Moral Kinikoglu Pamukkale, working with PedersoliGattai, have advised Sennder Technologies on the acquisition of the European surface transportation operations of C.H. Robinson Worldwide. HVG Law reportedly advised C.H. Robinson.

Nestor Nestor Diculescu Kingston Petersen has advised Globant on the merger of its subsidiaries Pentalog Romania S.R.L. and Pentalog HR Romania S.R.L.

RTPR has advised Innova Capital on the sale of Optical Investment Group to EssilorLuxottica. Schoenherr reportedly advised EssilorLuxottica.

Popovici, Nitu, Stoica & Asociatii has advised the organizers of the Transylvania Open tennis tournament on the acquisition of the WTA Tennis Tournament Class Membership from Associazione Sportiva Dilettantistica Country Time Club.

On August 1, 2024, Filip & Company and CMS announced that Banca Transilvania's purchase of OTP Bank Romania (as reported by CEE Legal Matters on February 21, 2024) has now closed.