Exciting developments are on the horizon for the Romanian banking community, as efforts are underway to streamline the framework regulating outsourcing arrangements.
RTPR and PNSA Advise on Morphosis Capital's Investment in Mark Twain School
Radu Taracila Padurari Retevoescu has advised the Morphosis Capital private equity fund and a group of co-investors from Belgium on the acquisition of a majority stake in the Mark Twain International School. Popovici Nitu Stoica & Asociatii advised the Mark Twain International School.
Musat & Asociatii Advises Tecadra Hotels on Accor Partnership
Musat & Asociatii has advised Tecadra Hotels on its partnership with the Accor Group for the complete transformation and expansion of the Tecadra Hotel in Bucharest.
Mugurel Tataru and Elena Adina Tataru Join Serban & Asociatii in Bucharest
Former Marieta Avram Law Office Partners Mugurel Tataru and Elena Adina Tataru have joined the Serban & Asociatii law firm in Bucharest as a Partner and Of Counsel, respectively.
PeliPartners Advises Mirova on EUR 140 Million Investment in Hyperion Energy Investments SGPS
PeliPartners has advised Mirova on its EUR 140 million investment into Hyperion Energy Investments SGPS.
RTPR Advises Engie Romania on Acquisition of 80-Megawatt Chirnogeni Wind Farm
Radu Taracila Padurari Retevoescu has advised Engie Romania on its acquisition of an 80-megawatt operational wind farm majority owned by the EnerCap Group, in Chirnogeni, Romania.
Berechet Rusu Hirit Successful for NextE in Striking Down Restrictive Land Usage Interpretation in Romania
Berechet Rusu Hirit has successfully represented photovoltaic project developer and operator NextE in overturning a 2022 document issued jointly by Romania's notary public union and national cadaster agency that limited the development of renewable energy projects on collectively held land in rural areas.
CMS Advises UniCredit Bank on EUR 39 Million Financing for Enery's Comcris Energy
CMS has advised UniCredit Bank on its EUR 39.3 million financing for Enery group subsidiary Comcris Energy for the construction of a 51.4-megawatt solar ground-mounted photovoltaic project located in Sarmasag, Romania. Clifford Chance Badea reportedly advised the borrower.
Roxana Mandrutiu Makes Partner at Revnic Cristian & Associates
Former Senior Associate Roxana Mandrutiu has been appointed a Partner with Revnic Cristian & Associates in Cluj-Napoca.
Schoenherr Appoints Seven New Partners in Poland, Romania, Serbia, Slovakia, and Slovenia
Poland's Weronika Kapica and Daria Rutecka, Romania's Adina Damaschin and Mara Moga-Paler, Serbia's Zoran Soljaga, Slovakia's Michal Lucivjansky, and Slovenia's Peter Gorse have all been appointed to Partner positions with Schoenherr.
Kinstellar Announces New Firm-Wide Practice and Sector Leadership Appointments
Kinstellar has announced several appointments to firm-wide practice and sector leadership positions, including Partner Csilla Andreko in Budapest, Partner Iustinian Captariu and Special Counsel Magda Raducanu in Bucharest, Managing Partner Milos Velimirovic in Belgrade, Managing Partner Lukas Sevcik and Counsel Jan Lehky in Prague, and Managing Associate Lukas Mrazik in Bratislava.
Closing: Transfer of Orange Money Romania Retail Business to Alpha Bank Now Closed
On January 16, 2024, Filip & Company announced that the transfer of the Orange Money Romania retail business to Alpha Bank (reported by CEE Legal Matters on August 29, 2023) had closed.
Wolf Theiss and Cobalt Advise on ACP Credit EUR 10 Million Loan to Mogo IFN
Wolf Theiss and Cobalt have advised Accession Capital Partners Credit on a EUR 10 million credit facility granted to Mogo IFN.
Closing: Victoriabank Acquisition of BCR’s Chisinau Subsidiary Now Closed
On January 22, 2024, Vernon David announced that Victoriabank’s acquisition of the BCR Chisinau subsidiary (reported by CEE Legal Matters on April 7, 2023) had closed.
Suciu Popa Advises Eximprod on Construction Agreement for Studina PV Plant
Suciu Popa has advised Eximprod on the construction agreement for the development and construction of the grid connection of the Studina photovoltaic plant.
Mihai Morar and Mihai Lemnaru Make Partner at Albu Morar
Mihai Morar and Mihai Lemnaru have been promoted to Partner positions with Albu Morar.
Camelia Patrascu Makes Partner at Popovici Nitu Stoica & Asociatii
Former Managing Associate Camelia Patrascu has been promoted to a Partner position with Popovici Nitu Stoica & Asociatii in Bucharest.
Drakopoulos Joins South East Legal Alliance
Drakopoulos has become a part of the South East Legal Alliance, thus expanding the network’s reach to Athens, Bucharest, and Nicosia.