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RTPR advises AROBS on Quest Global Romania acquisition In recent years, RTPR has advised AROBS Transilvania Software on several buy-side mandates of companies in the ... Schoenherr advises sole shareholder of ABD on sale to Foxway The Schoenherr team advising ABD's shareholder was led by Mădălina Neagu (Partner) and included Mihaela ... CMS Emerging Europe M&A 2025 ̸ 26 report: CEE deal activity reaches record high Findings from the CMS Emerging Europe M&A 2025/26 report, published in cooperation with EMIS, demonstrate the ... NNDKP advised Gránit Asset Management on the acquisition of Equilibrium 2 office building Through this new transaction, Gránit Asset Management continues to expand its international portfolio, further strengthening its presence in Central and Eastern Europe. Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Magyar Posta Takarék Real Estate Investment Fund (MPTIA), a public fund managed by Gránit Asset Management, with the acquisition of Equilibrium 2 office building in Bucharest from Skanska. With this latest acquisition, Gránit Asset Management now owns the Equilibrium office complex in its entirety, following the successful acquisition of the Equilibrium 1 building last year, also with legal assistance from NNDKP. Completed in late 2022, Equilibrium 2 provides roughly 20,000 square meters of premium leasable office space across 11 floors. The building holds multiple best-in-class certifications, including LEED Platinum, Access4You Silver, WiredScore Platinum, standing out for its commitment to sustainability, inclusivity and digital connectivity. Through this new transaction, Gránit Asset Management continues to expand its international portfolio, further strengthening its presence in Central and Eastern Europe. Partner Lavinia Ioniță Rasmussen, Real Estate practice, coordinated the legal team advising on the transaction. R. T. 
CMS advises AFI on EUR 537m refinancing of three major real estate projects in Romania The CMS team was led by Horea Popescu (Corporate/M&A) and Alina Tihan (Finance), with support from Diana Dona and Bianca Radu (Finance). CMS has advised AFI in securing a refinancing package worth EUR 537m for three major assets in its portfolio - AFI Cotroceni, AFI Ploiesti, and AFI Brasov. CMS provided comprehensive legal assistance on all aspects of the transaction, negotiation of the financing documentation and support through to closing. The refinancing involved complex structures and the simultaneous coordination of all three projects, with an ambitious timeline, demonstrating the CMS team’s ability to manage mandates with a high degree of complexity. Through this refinancing, AFI optimised the financing structure for its main shopping centres in Romania, strengthening its position on the local market and securing resources for future developments. The transaction reflects the continued confidence of investors and financial institutions in the potential of the Romanian real estate market. Bianca Stamatoiu, Head of Legal, AFI, says: “The successful refinancing of AFI’s main shopping centers in Romania represents an important milestone for the company’s portfolio. B. A. |
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The Impact of EU Regulation 2022 ̸ 2560 on Foreign Subsidies (FSR) on Public Procurement Procedures in the European Union
Adina Maria Enache (Associate), Sorina Maria Drughi (Junior Associat); Coordinator - Ana Maria Abrudan (Partner) - Mușat & Asociații
Regulation (EU) 2022/2560 of the European Parliament and of the Council of December 14, 2022 on foreign subsidies distorting the internal market ("FSR" / "Regulation")[1] marks a paradigm shift in how public procurement procedures are viewed in the European Union.
New promotions at RTPR
R. T.
RTPR announces new promotions within its team of lawyers.Marina Fecheta-Giurgica, Ana Popa, Andrada Rusan and Cezara Urzica are promoted to Counsel, Andrei Tosa becomes Senior Associate, and Serban Halmagean is promoted to Managing Associate.
CMS | Romania proposes QR-code labelling for cosmetic products
Cristina Popescu and Carmen Turcu - CMS Romania
Romania has proposed a draft law amending Law no. 296/2004 on the Consumer Code, which proposes new rules on the electronic provision of certain mandatory labelling information for cosmetic products.
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Kinstellar advises Foxway on the acquisition of All Birotic Devices Trade & Service in Romania
R. T.
Kinstellar has advised Foxway, a leading provider of sustainable technology solutions, on the acquisition of All Birotic Devices Trade & Service SRL (ABD), a Romanian company specializing in the refurbishment of IT devices to premium standards.
Through its consistency and depth, CMS Romania’s Capital Markets practice has become one of the pillars of the firm’s reputation on the local market and a key benchmark within its regional network. BizLawyer spoke with Cristina Reichmann (Partner) about the discipline behind IPO readiness, the nuanced application of market rules, and the strength of a team that operates in a well-structured manner, with clear roles and aligned objectives
T. E. B.
In recent years, CMS Romania’s Capital Markets practice has established itself as one of the market’s undisputed reference points, combining refined technical expertise with a clear understanding of listing mechanics and capital markets financing.
CMS | Romania makes changes to natural gas licence regulations
Varinia Radu, Ramona Dulamea, Raluca Diaconeasa and Madalina Constantinescu - CMS Romania
On 1 January 2026, Romania enforced ANRE Order 83/2025, which amends the process for granting authorisations and licences in the natural gas sector and repeals the previous 2020 Regulation.
CMS | Romania introduces key legal changes affecting corporate and M&A transactions
Rodica Manea and Elena Andrei - CMS Romania
The Romanian Parliament passed Law no. 239/2025 on measures to recover and safeguard public resources and to amend a series of other laws, which entered into force as of 18 December 2025.
Clifford Chance reports its most intense year since entering the Romanian market in 2006
R. T.
Clifford Chance Badea, the local office of global law firm Clifford Chance, completed 2025 with a record performance since the international firm entered the Romanian market, which reflects the effervescence of an increasingly dynamic business environment that is accelerating investments in line with strategic competitiveness objectives in the new economic reality.
CMS advises CCE on sale of landmark Horia 2 solar project to Renalfa Solarpro Group
R. T.
CMS has advised CCE on the sale of Horia Solar Invest Two S.R.L., a special purpose vehicle developing a landmark 269.
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NNDKP advised Gránit Asset Management on the acquisition of Equilibrium 2 office building
CMS advises AFI on EUR 537m refinancing of three major real estate projects in Romania
RTPR advises AROBS on Quest Global Romania acquisition
Schoenherr advises sole shareholder of ABD on sale to Foxway
CMS Emerging Europe M&A 2025 ̸ 26 report: CEE deal activity reaches record high
The Impact of EU Regulation 2022 ̸ 2560 on Foreign Subsidies (FSR) on Public Procurement Procedures in the European Union
New promotions at RTPR
CMS | Romania proposes QR-code labelling for cosmetic products
Kinstellar advises Foxway on the acquisition of All Birotic Devices Trade & Service in Romania
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