Popovici Nițu Stoica & Asociații (PNSA) advised Société Générale Group on completion of the sale of BRD Societate de Administrare a Fondurilor de Pensii Private S.A. (BRD SAFPP), which manages Pillar II private pension business, to Banca Transilvania Group. This is the last step in a two-stage transaction, following the April 2025 sale of BRD Medio, the group’s facultative pension fund (Pillar III).  PNSA offered full legal support, from initial discussions and due diligence to structuring, drafting and negotiation of transaction documents, and assistance through signing and closing.  PNSA team was led by Silviu Stoica (Partner) along with Florian Nițu (Managing Partner), with the support of Diana Dobra (Managing Associate) and Raluca Rusu (Tax Partner).   Popovici Nițu Stoica & Asociații is a leading Romanian independent law firm and has been at the forefront of the market since its incorporation in 1995.  Popovici Nițu Stoica & Asociații and PNSA Tax group today more than 80 lawyers and counsels, including 16 partners, largely acknowledged as top-notch commercial law experts, by clients and peers. .

Baker McKenzie Ukraine (global counsel) and Nestor Nestor Diculescu Kingston Petersen (NNDKP) (local counsel) have provided comprehensive legal assistance to Metinvest, an international, vertically integrated mining and metals company, in connection with the acquisition of the majority shareholding in ArcelorMittal Iași. This complex transaction required coordinated efforts across multiple jurisdictions and legal disciplines, underscoring the strategic importance of the project for Metinvest’s regional expansion.    NNDKP’s involvement covered all stages of the acquisition process within the Romanian jurisdiction. The team conducted a tailored legal due diligence investigation into ArcelorMittal Iași, with the findings of the review being instrumental in shaping the contractual structure of the transaction from a Romanian law perspective.    Throughout the process, Baker McKenzie Ukraine and NNDKP supported Metinvest in agreeing and finalizing all transaction documents, ensuring that the contractual architecture from Romanian law perspective adequately addressed the identified local risks and aligned with the client’s commercial objectives.    NNDKP’s core team advising on the transaction included Răzvan Vlad, Partner, Vlad Anghel, Managing Associate and Daria Anghel, Associate, from the Corporate/M&A practice.   On the client side the transaction was led by Oleksandr Kulykovskyi, Head of Legal for M&A and Strategic Contracts at Metinvest Group, supported by Yana Babych, Counsel for M&A.