Deloitte Legal Lithuania and Popovici Nitu Stoica & Asociatii have advised Bico Industries on its EUR 3.2 million full acquisition of Iranga Technologijos. Triniti Jurex reportedly advised the sellers.
Wolf Theiss Advises DTEK Renewables on Glodeni Renewable Energy Project Acquisition
Wolf Theiss has advised DTEK Renewables International on the staggered share deal acquisition of a 49.38-megawatt photovoltaic power plant from Finas Invest.
Norton Rose, Ionescu Sava, and Integrites Advise on EBRD EUR 42 Million Financing for Cersanit
Norton Rose Fulbright, Ionescu Sava, and Integrites have advised the EBRD on its EUR 42 million senior secured loan for Cersanit to improve its production facilities in Poland and Ukraine.
Norton Rose Fulbright and Stratulat Albulescu Advise EIB on EUR 104 Million Financing for Maspex
Norton Rose Fulbright and Stratulat Albulescu have advised the European Investment Bank on a EUR 104 million financing granted to the Maspex Group.
Suciu Popa Advises Econergy on 80-Megawatt Renewables Acquisition in Romania
Suciu Popa has advised Econergy International on its acquisition of an 80-megawatt renewable energy project in Romania.
IPA Legal Advises RebelDot on Acquisition of Steepsoft
Irimie-Pop-Andrei has advised European software development company RebelDot on its acquisition of Steepsoft.
Stratulat Albulescu Advises on Encora Acquisition of Softelligence
Stratulat Albulescu, working with Taylor Wessing, has advised US-based product engineering provider Encora on its acquisition of Romanian software engineering services provider Softelligence.
SSK&W, Ventures-n-Law, and Stratulat Albulescu Advise on Milluu Investment Round
SSK&W and Stratulat Albulescu have advised venture capital fund CofounderZone and business angels on their investment in Romanian property technology company Milluu. Ventures-n-Law advised Milluu.
Five Years of GDPR: An Overview of GDPR Implementation in Romania
May 2023 – As May 2023 marks the fifth anniversary of the implementation of GDPR, we have prepared an overview of the five years of regulatory struggle in Romania since the regulation came into effect. By examining the value of the sanctions and the types of violations, we can identify some regulatory trends of the local practice.
Schoenherr and Freshfields Advise on EUR 1.4 Billion Sale of Cargo-Partner Subsidiaries to Nippon Express
Schoenherr, working with Luther and Hogan Lovells, has advised the Cargo-Partner Group Holding on its EUR 1.4 billion sale of Cargo-Partner GmbH and 60 other subsidiaries to Nippon Express Holdings. Freshfields Bruckhaus Deringer advised the buyer.
RTPR Advises on Acquisition of Majority Stake in Elefant Online
Radu Taracila Padurari Retevoescu has advised Evolution Prest Systems – owner of the evomag.ro e-commerce website – on its acquisition of a majority stake in Elefant Online. The same firm advised Elefant minority shareholder Catalyst Romania on the sale of its stake to Evomag.
Dentons Advises Raiffeisen Bank International on Financing for Photon Energy Group Romanian PV Portfolio
Dentons has advised arranger, original lender, agent, and security agent Raiffeisen Bank International on a EUR 21.9 million term loan facility for the development of a 31.5-megawatt portfolio of eight photovoltaic power plants in Romania to companies owned and operated by Photon Energy NV.
Closing: Tereos Sale of Romanian Sugar Factory Now Closed
On May 10, 2023, Leroy si Asociatii announced that Tereos’ sale of its sugar factory in Ludus, Romania, to private investors Mihaela Neagu and Mihail-Daniel Matache (reported by CEE Legal Matters on February 14, 2023) had closed.
Vasil Kisil & Partners and Stratulat Albulescu Advise Avrora Group on Entering Romanian Market
Vasil Kisil & Partners and Stratulat Albulescu have advised the Avrora Group on entering the Romanian market.
Ion Alexandru Makes Partner at Gavrila & Asociatii in Bucharest
Gavrila & Asociatii Lawyer Ion Alexandru has been promoted to Partner position within the firm.
Oana Dutu-Buzura Becomes Tenth Partner as DLA Piper Celebrates 15 Years in Romania
Former Counsel Oana Dutu-Buzura has been promoted to Partner at DLA Piper in Romania as of May 1, 2023.
Clifford Chance Advises ING on Two Covered Export Credit Facility Agreements with Digi Communications
Clifford Chance, working with Hannes Snellman, has advised ING on a Finnvera-covered export credit facility agreement and an EKN-covered export credit facility agreement with Digi Communications.
Stratulat Albulescu Advises Bucharest Stock Exchange on America House Office Lease
Stratulat Albulescu has advised the Bucharest Stock Exchange on leasing 2,235 square meters of office space in the America House building – for relocation purposes – from Complexul Multifunctional Victoria.