Data Protection is one of Nestor Nestor Diculescu Kingston Petersen’s hottest practices. Partner and Head of Data Protection Iurie Cojocaru explores the roots, the shifts, and the drivers behind this work, and looks to the practice’s future trajectory.
Wolf Theiss Advises DTEK Renewables on 60-Megawatt Wind Project Acquisition in Romania
Wolf Theiss has advised DTEK Renewables International on its acquisition of a 60-megawatt installed capacity wind energy project in Ruginoasa, Iasi county, Romania, from local entrepreneurs. Kommunalkredit Austria AG provided a EUR 55 million senior facility for the project.
Romania: Digitizing During and After the Pandemic
It is said that every cloud has a silver lining. As unfortunate as the consequences of the COVID-19 pandemic were, one of them was in fact positive: Romanian legislators sprang into action to adopt measures accelerating the digitalization of public services.
EU Parliament and Council Take Action Against Greenwashing
In a significant development, the European Parliament and Council have recently reached a preliminary agreement on a set of new regulations designed to combat misleading advertising and provide consumers with more accurate product information. This agreement aims to strengthen consumer rights and tackle deceptive marketing practices, including greenwashing and planned uselessness of products.
CEE Attorneys Advises Sales Partner on Investment from Fortech Investments
CEE Attorneys has advised Sales Partner on an investment from Fortech Investments.
Charting CEE’s Changing M&A Tides: An Interview with Markus Piuk of Schoenherr
M&A in the CEE region has been a captivating theater of evolving trends and geopolitical dynamics of late. Schoenherr Partner Markus Piuk shares his insights on the current market trends and delves into the influence of the US-China relationship, the status of Russian-based transactions, the resilience of the CEE M&A market, and the prospects of industry consolidation and growth.
Romania: Changes Ahead for Investment Firms
The Romanian Financial Supervisory Authority (FSA) released for public consultation a draft regulation proposing amendments to its Regulation 5/2019 applicable mainly to investment firms and, in limited cases, to credit institutions providing investment services and/or activities and alternative fund managers.
Romania's Mixed Signals: A Buzz Interview with Tudor Stanciu of Ventures-n-Law
Romania's tax framework changes impacting the IT sector and a potential investment slowdown are balanced out by foreign venture capital funds increasingly participating in funding rounds for Romania-linked companies, signaling cautious optimism according to Ventures-n-Law Co-Founder Tudor Stanciu.
Corporate Crime Prevention and the Benefits for Implementing Companies
What is corporate crime prevention and why is it a necessary "cost"? Depending on the industry in which a company operates in Romania, it is subject to legal obligations whose violation can result in legal liability.
Ijdelea & Associates Advises on Eiffel Investment Group and R.Power Renewables One-Gigawatt Joint Venture
Ijdelea & Associates has advised the Eiffel Investment Group on the creation, financing, and ongoing development of a joint-venture partnership with R.Power Renewables for the development of a one-gigawatt portfolio of solar projects in Romania.
Wolf Theiss Appoints Six New Partners in Vienna, Bucharest, Warsaw, Bratislava, and Belgrade
Former Counsels Zeno Grabmayr, Adelina Iftime-Blagean, Maciej Olszewski, Aleksandar Ristic, Bruno Stefanik, and Stefan Wartinger have all become Partners in Wolf Theiss’ respective offices across CEE.
Vlasceanu & Partners Advises Photon Energy Group on New RES Project Acquisitions
Vlasceanu & Partners has advised the Photon Energy Group on its acquisition of two new renewable energy projects in Timis County, Romania, with the group set to further develop and operate them.
Dentons Advises on Combination of Wavestone and Q-Perior
Dentons has advised Wavestone on its combination with Q-Perior. Taylor Wessing advised Q-Perior.
Wolf Theiss and Schoenherr Advise on Sona BLW EUR 40.5 Million Acquisition of Majority Stake in Novelic
Wolf Theiss has advised India's automotive systems and components manufacturer Sona BLW Precision Forgings on the EUR 40.5 million acquisition of a 54% stake in Serbia's radar sensor and embedded systems company Novelic. Schoenherr, working with India's Priti Suri & Associates, advised Novelic's founders on the sale.
Bondoc si Asociatii Advises on BorgWarner's Phinia Spin-Off Project
Bondoc si Asociatii, working with Freshfields Bruckhaus Deringer and Foley & Lardner, has advised BorgWarner on the Romanian aspects of the spin-off of its fuel supply systems and spare parts and accessories business into the Phinia company.
Filip & Company Advises Arobs on Transfer of Shares to Bucharest Stock Exchange Main Market
Filip & Company has advised Romanian software developer Arobs Transilvania Software on the transfer of its shares to the Main Market of the Bucharest Stock Exchange.
Closing: Encora’s Acquisition of Softelligence Now Closed
On September 8, 2023, Stratulat Albulescu announced that Encora’s acquisition of Softelligence (reported by CEE Legal Matters on May 19, 2023) had closed a week earlier, on August 31, 2023.
Mariana Signeanu Joins Bulboaca & Asociatii as Partner in Bucharest
Former Biris Goran Partner Mariana Signeanu has joined the Bulboaca & Asociatii law firm in Bucharest as a Partner, effective September 11, 2023.