Law firm Bondoc și Asociații SCA is pleased to announce 5 promotions following its annual professional evaluations.

A multidisciplinary team made of Reff & Associates | Deloitte Legal’s lawyers and Deloitte Romania's financial and tax advisors assisted the owners of Expo Market Doraly, Gheorghe Iaciu and the real estate investment fund ARA Europe, in the integral sale of the commercial park to Belgian real estate developer WDP, the second largest owner of industrial-logistics spaces in Romania, with a portfolio of almost 1.

MPR|Partners assisted Verde Magnesium, a major Bucharest based mining company which is backed by the firm’s longstanding client, USA private equity investor Amerocap, in obtaining concession rights for a major magnesium mining perimeter.

Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised PIB Group Europa, backed by global private equity firms Apax Funds and The Carlyle Group, in relation to the acquisition of Stein Bestasig Insurance Broker, which marks the debut of the UK-based company on the Romanian insurance market.

International law firm CMS has extended on a long term its lease contract at One Tower in Bucharest and expanded its office space by an additional 350 square meters.

Managing IP (MIP) has honoured Zamfirescu Racoți Vasile & Partners (ZRVP) with the Firm of the Year Award in Romania for Patent Litigation, at the annual ceremony hosted in London on April 11th, 2024, that gathered the best IP professionals in the world.

SIMION & BACIU is the winner of the 2024 Romania Trademark Firm of the Year and Romania Copyright & Design Firm of the Year distinctions, awarded at the Managing IP EMEA Awards ceremony organized on April 11, in London.

On 10 April 2024, Government Decision no.  318/2024 approving the general framework for the implementation and operation of the contracts for difference support mechanism for low carbon technologies („GD 318/2024”) was published in Official Gazette of Romania no.

SAA has advised the founders of CODA Intelligence, a Romanian provider of next generation automated cybersecurity solutions, on the acquisition by PDQ, an industry leader in software and IT asset management.

On 29 March 2024, Emergency Ordinance No 32/2024 for the amendment and supplementation of Emergency Ordinance No 27/2022 on measures applicable between 1 April 2022 and 31 March 2023 to end customers in the electricity and natural gas market , as well as for the amendment and supplementation of certain regulatory acts in the energy field and the adoption of certain measures in the energy field (“GEO 32/2024”) was published in the Official Gazette.