CMS has advised a group of investors on a Sofina-led EUR 220 million series D financing round for the Rohlik Group. White & Case advised the Rohlik Group. Linklaters reportedly advised Sofina. Pierstone reportedly advised some of the investors.
Ijdelea & Associates Successful for Black Sea Oil & Gas on Pipeline License from Romanian Energy Regulator
Ijdelea & Associates has provided legal assistance to Black Sea Oil & Gas and its co-venture partners in obtaining the Upstream Pipeline Operating License for the Midia Gas Development Project (MDG) from the Romanian Energy Regulatory Authority (ANRE).
RTPR and Dentons Advise on Engie's Sale of Flashnet to Lucy
Radu Taracila Padurari Retevoescu has advised the Engie Group on its sale of an 80% stake in Flashnet to the Lucy Group. Dentons advised the buyer.
Glodeanu & Partners Advises INVL Fund on Solar Power Plant Acquisitions in Romania
Glodeanu & Partners has advised INVL Asset Management's INVL Renewable Energy Fund I on the acquisition of two companies developing solar power plants in Romania with a capacity of 166 megawatts.
Gheorghe Buta Joins Popescu & Asociatii as Senior Partner
Popescu & Asociatii has announced that Gheorghe Buta joined the firm as a Senior Partner, in June 2022, to lead the firm's dispute and commercial arbitration practice areas.
Tuca Zbarcea & Asociatii Advises on EUR 10 Million America House Renovation
Tuca Zbarcea & Asociatii has advised Morgan Stanley Real Estate Investing on the EUR 10 million technical and aesthetic refurbishment and modernization process of the America House office building in Bucharest.
Dentons Successful for Bibus Metal in Customs Dispute before Romanian Court of Appeal
Dentons has successfully represented Bibus Metal’s Romanian subsidiary Bibus SRL in a customs dispute before the Ploiesti Court Appeal in Romania.
MPR Partners and Schoenherr Advise on V-Ridium’s Acquisition of Solar Park from Samsung C&T
MPR Partners has advised GreenVolt subsidiaries V-Ridium Solar 45 and V-Ridium Renewables on their EUR 83 million acquisition of a photovoltaic project from the Samsung C&T Corporation. Schoenherr and, reportedly, Herbert Smith Freehills advised the seller. CMS reportedly advised a consortium of banks on financing the acquisition.
Closing: S Immo’s Acquisition of Expo Business Park from Portland Trust Now Closed
On June 15, 2022, Peli Partners announced that S Immo’s acquisition of the Expo Business Park from Portland Trust (reported by CEE Legal Matters on April 22, 2022) had closed.
White Collar Crime Laws and Regulations in Romania
Contributed by Tuca Zbarcea & Asociatii.
Freshfields, Wolf Theiss, Savoric & Partners, and Filip & Company Advise on Agrofert’s Binding Offer for Borealis’ Nitrogen Business
Freshfields Bruckhaus Deringer, Savoric & Partners, and Filip & Company have advised Borealis on a binding offer for its nitrogen business from the Agrofert group. Wolf Theiss advised Agrofert. Oppenheim, Boyanov & Co, and PRK Partners reportedly advised Borealis as well.
Baker McKenzie, Babic & Partners, DGKV, NNDKP, and Jadek & Pensa Advise Palfinger on Establishing European Employee Representation
Baker McKenzie has advised Palfinger on establishing its European Works Council. Babic & Partners, Djingov Gouginski Kyutchukov & Velichkov, Nestor Nestor Diculescu Kingston Petersen, and Jadek & Pensa advised Palfinger on Croatian, Bulgarian, Romanian, and Slovenian law-related matters, respectively. Bech-Bruun, Arntzen de Besche, and PBBR reportedly advised on Danish, Norwegian, and Portuguese law-related matters.
Flavius Florea Joins Wolf Theiss as Head of TMT, IP & Data Protection
Former KPMG Legal Senior Managing Associate Flavius Florea has joined the Wolf Theiss Bucharest office as a Counsel and Head of the firm's TMT, IP & Data Protection practice.
The Grid Connection – Still a Bottleneck for Renewable Electricity Projects in Romania?
On 31 December 2021, Emergency Ordinance no. 143/2021 amending Electricity and Natural Gas Law no. 123/2012 and amending certain regulatory acts (“GEO 143/2021”) was published in the Official Gazette of Romania no. 1259 and entered into force. GEO 143/2021 is intended to transpose into national law Directive (EU) 2019/944 on common rules for the internal market for electricity and amending Directive 2012/27/EU (“Directive 944/2019”).
Filip & Company and RTPR Advise on Sale of Part of BCR Fleet Management to Arval Romania
Filip & Company has advised Banca Comerciala Romana on the sale of a part of its BCR Fleet Management operational leasing business to the Arval group. Radu Taracila Padurari Retevoescu advised the buyer.
Suciu Popa Advises on Enel X Way Project in Romania
Suciu Popa has advised on the establishment of Enel Group's e-mobility arm in Romania under the Enel X Way brand.
D&B David and Baias Advises Fiterman Pharma on Sale of Uractiv Portfolio to Terapia
PwC's Romanian affiliate D&B David and Baias has advised Fiterman Pharma on the sale of its Uractiv product portfolio to Sun Pharma company Terapia. KPMG Legal affiliate Toncescu si Asociatii reportedly advised the buyer.
BPV Grigorescu Stefanica and LC Legal Proof Advise on Smart ID Dynamics' Acquisition of Spectrum’s Retail ERP Business
BPV Grigorescu Stefanica has advised Sarmis Capital-backed Smart ID Dynamics on the acquisition of the Brasov-based integrated software solutions provider Spectrum. LC Legal Proof advised Spectrum on the deal.