International law firm CMS has advised L&C Properties, part of M Core, one of the UK’s largest, privately held commercial property collectives with combined assets in excess of  EUR 6 billion, on its entry into the Romanian market with its largest deal to date: the acquisition of 25 retail parks - an investment nearing EUR 219m.

Vlasceanu & Partners has ensured the legal assistance to Ratesti Solar Plant, company owned by Econergy group and Nofar group, in securing EUR 60 million from Raiffeisen Bank International and Raiffeisen Bank Romania in order to finance part of its 155 MW solar project in Ratesti, Romania, out of a total investment cost of €102 million.

RTPR has assisted EMI Group, a globally recognised leader in the industrial access systems industry in relation to the acquisition of KADRA, the only Romanian company that offers technical integrated solutions in access engineering and access management.

SAA has advised the founders of Respira Verde, a leading company in the collection of used cooking oil in Romania, on the sale of 50% of their stake in Respira to OMV Petrom, the largest integrated energy company in Southeastern Europe.

On 21 November, Romania’s Official Gazette published the Order of the President of the Romanian National Agency for Mineral Resources (NAMR) for approving the list of perimeters for the concession of exploration activities through public tender – Round No.

In October 2023, the Romanian government enacted Ordinance 91/2023 (GEO 91/2023), which increases royalties from the oil & gas sector in order to ensure sustainability of public finances and efficient management of budget revenues.

This logistics lease adds a significant anchor to ELI Parks’s portfolio and fits in the mix of tenants the developer targeted since inception.

UniCredit Bank has successfully concluded a new issuance of senior unsecured corporate bonds in RON, carried out during the period 21 - 24 November 2023.

Țuca Zbârcea & Asociații has partnered up with the International Finance Corporation, part of World Bank Group, in the efforts to adapt Romania’s regulatory framework to country’s current needs of public-private partnership projects and works concessions and service concessions.

Zamfirescu Racoți Vasile & Partners (ZRVP) has obtained in court the annulment of the tax decision issued by the National Agency for Fiscal Administration (ANAF) for a company active in the aerosol market, specialized in the sale of technical and pure gases.