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Stratulat Albulescu advises European Investment Bank on EUR 104 million financing granted to the Maspex Group
The new financing supports the continuation of the sustainable development program and implementation of strategic investments in technologically advanced solutions in the field of energy and raw material efficiency, as well as increasing the efficiency of production and logistics.
The entrepreneurs’ preferred jurisdiction allows the partial financing of real estate acquisition in the United Arab Emirates through local Islamic banks under advantageous conditions which Romanian citizens can also benefit from. Casiana Dușa, senior lawyer and specialist in Islamic business, will explain the optimal strategy for investment structuring and the conditions to obtain such financing
Recently, the interest of Romanian real estate investors in contracting financing from banks in the United Arab Emirates has grown significantly, many of them requesting specialized consulting to ensure that they make correct financial decisions, with minimal risks.
RTPR advises Innova Capital on Netopia investment
RTPR has assisted the private equity fund Innova Capital in relation to the acquisition of a majority stake in NETOPIA Group, one of the best known payment service providers (PSP) in Romania.
SIMION & BACIU strengthens its Disputes Resolution practice by welcoming Diana Chitea as Managing Associate
SIMION & BACIU is pleased to announce the consolidation of the firm’s expertise in the Dispute Resolution area of practice with the addition of Diana Chitea as a Managing Associate.
Wolf Theiss advises Banca Comercială Română S.A. on its first green Eurobond issue of EUR 700 million
Wolf Theiss acted as legal advisor to Banca Comercială Română S.
Romania has become a magnet for investors in technology (TMT)
Romania has a growing population of technology start-ups thanks to its pool of talented programmers, innovative entrepreneurs, and an increasingly sophisticated financial ecosystem.
NNDKP obtains the annulment of the fine imposed by the Competition Council on a major food distributor
Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully represented a major local food distributor in connection with the annulment of the contravention fine imposed by the Competition Council following an investigation initiated in 2009 for alleged anti-competitive agreements between several distributors and retailers operating in the domestic food sales market.
Reff & Associates | Deloitte Legal obtained in court, as a result of pro bono legal services, a final decision which protects the land ownership and the investment made by the Daruieste Viata Association for the Marie Curie Hospital’s expansion and modernization
A multidisciplinary team of lawyers specialized in administrative and commercial litigations from Reff & Associates | Deloitte Legal obtained, as a result of pro bono legal services, a Bucharest Court of Appeal decision which definitively rejects the request for in-kind restitution of a piece of the Marie Curie Hospital land, on which the Daruieste Viata Association has expanded and modernized the medical unit in order to ensure optimal treatment and therapy conditions for all the hospitalized children, after an investment estimated at approximately 43 million euros.
Stratulat Albulescu advises US-based Encora on the acquisition of Romanian software engineering services provider Softelligence
This acquisition marks Encora’s formal entry into the European market.
CMS | Romanian Consumer Protection Authority fines 11 banks for incorrect practices
In a surprise move on 16 May 2023, the Romanian Consumer Protection Authority fined 11 local banks, claiming that the manner in which the banks set out the repayment calendar for medium- and long-term loans in customer contracts is a misleading and incorrect practice.
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