Romanian lawyer Andreea-Paula Armanu-Costache has joined the European Investment Fund as a Legal Counsel in Luxembourg.
State Intervention in Setting of Prices of Basic Goods and Services
Recently, there has been a strong trend in several EU Member States to correct economy imbalances through price and tariff capping measures. This is also the case in Romania, where certain industries or market segments are subject to capping and control measures. (e.g., MTPL insurance, certain segments of the energy market, staple foods, etc.).
Musat & Asociatii Advises Naxxar Renewable Energy on Sale of 60% Stake in Naxxar Wind Farm Four to Polenergia
Musat & Asociatii has advised Naxxar Renewable Energy on the sale of a 60% stake in the 685.6-megawatt Naxxar Wind Farm Four in Tulcea County to Polenergia, with an option for the remaining 40%.
NNDKP Advises Insight Enterprises on Amdaris Acquisition
Nestor Nestor Diculescu Kingston Petersen, working alongside Armstrong Teasdale, has advised Insight Enterprises on its acquisition of Amdaris.
Stratulat Albulescu and BPV Grigorescu Stefanica Advise on Creatopy USD 10 Million Series A with 3VC
Stratulat Albulescu, working with San Francisco-based Fathom Law, has advised 3VC on leading the USD 10 million series A financing round for Romania's Creatopy together with Point Nine. BPV Grigorescu Stefanica, working with Wilson Sonsini Goodrich & Rosati, advised Creatopy and its founders.
Stoica & Asociatii Announces New Six-Person Management Team
Stoica & Asociatii has recently announced the establishment of a new management structure – the Executive Council of the Partners Assembly – including Founding Partners Valeriu Stoica and Cristiana Stoica, Senior Partners Catalina Dicu and Dan Rares Raducanu, and Managing Partners Andreea Stoica and Dragos Bogdan.
The Debrief: October 2023
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Ioana Knoll-Tudor Joins Addleshaw Goddard as Partner in Paris
Former Jeantet Global Partner Ioana Knoll-Tudor has joined Addleshaw Goddard as a Partner in its Paris office to develop its International Arbitration team.
Suciu Popa Enters Strategic Partnership with Vulpoi & Toader Management
Bucharest's Suciu Popa has entered a strategic partnership with accounting and financial consultancy Vulpoi & Toader Management.
Hot Practice in Romania: Iurie Cojocaru on NNDKP’s Data Protection Practice
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.