Tuca Zbarcea & Asociatii has advised Romanian entrepreneurs Gianina and Iulian Nica – owners of the retail chain operating under the “La Cocos” brand – on a strategic investment from EBRD, Morphosis Capital Fund II, and CEECAT Capital. Act Legal Romania, working with Mihaela Mindru Law Office, Bryan Cave Leighton Paisner, and Van Campen Liem, advised the investors.

Popovici, Nitu, Stoica & Asociatii has advised AFI Europe on the acquisition of the Bucharest Financial Plaza office building from Immofinanz. PeliPartners advised Immofinanz.

Deloitte Legal-affiliated firm Reff & Associates has advised Nokian Tyres on obtaining EUR 99.5 million of state aid in the form of a direct grant that will support the establishment of a zero CO2 emission tire factory in Oradea, Bihor county.

RTPR has successfully represented Bookster in a Romanian Competition Council's investigation in which several publishers and their trade association were fined for attempting to drive Bookster out of the market through concerted, anti-competitive activities.

Stratulat Albulescu has advised the Ministry of Research, Innovation, and Digitalization of Romania on the merger between Orange Romania and Orange Romania Communications.

As a preliminary overview, as of January 2023, applications for cancellation on absolute and relative grounds, as well as for revocation due to non-use of national trademarks and international trademarks designating Romania, can be brought before the Romanian State Office for Inventions and Trademarks (the “IPO”).

Schoenherr has promoted Nora Olah to Local Partner in its Bucharest office.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With managing firm clients being a critical aspect of firms’ operations, we asked: What are the three most important elements when onboarding a new client?

Romania’s economic landscape has shown both growth and resilience this year, driven mostly by public and private investments and domestic consumption. Popovici Nitu Stoica & Asociatii Managing Partner Florian Nitu, Nestor Nestor Diculescu Kingston Petersen Partner Gabriela Cacerea, and Tuca, Zbarcea & Asociatii Managing Partner Gabriel Zbarcea report on the pulse of the Romanian economy, focusing on key sectors, such as infrastructure, energy, IT, and automotive, that are leading this growth despite challenges like inflation, labor shortages, and geopolitical uncertainties.

The competitive landscape in Romania is marked by rigorous enforcement and alignment with EU regulations, making it a challenging, dynamic environment for businesses. Tuca Zbarcea & Asociatii Partner Andreea Oprisan discusses recent legislative developments and the Romanian Competition Council’s proactive measures in an effort to shed light on this complex legal framework.

Microsoft Corporate, External, and Legal Affairs Head for Central Europe Gabriela Popescu talks about her career and her passion for navigating complex legal landscapes.

Bogdan Plesuvescu has worked in both Moldova and Romania’s banking sectors, progressing from a legal role at Banca Transilvania to CEO of Viktoriabank to Deputy CEO back at the “mother organization.”

An in-depth look at Paul Buta of Musat & Asociatii covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office.

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.