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Țuca Zbârcea & Asociații celebrates its 20th anniversary On the occasion of its 20th anniversary, the Union of Jurists of Romania (Uniunea Juriștilor din România) ... Kinstellar together with Milbank LLP as lead counsel advises Advent on the ... The deal was led by Milbank LLP as international lead counsel, with Kinstellar providing legal support across ... New Procedural Changes – A Necessary Reform for Improving the Efficiency of Justice ... Raising the threshold value for small claims marks a significant milestone toward optimizing the Romanian ... PNSA alongside ALD Automotive on the merger with LeasePlan into Ayvens.jpg) PNSA provided legal assistance throughout the entire M&A process, from preliminary discussions, legal and tax due diligences, transaction structuring, up to transaction documents, negotiations and further assistance to signing and closing. Popovici Nițu Stoica & Asociații has assisted ALD Automotive, the leasing division of Société Générale Group, on the merger between ALD Leasing and its formerly competitor, meanwhile acquired, LeasePlan, one of the world’s leading fleet management and mobility companies. Following the merger, the two companies have been united together under a single common identity and a new global mobility brand, i.e. Ayvens. R. T. 
CMS | Romania launches second CfD auction For more information on the rules governing this and other auctions, contact your CMS client partner or these CMS experts: Varinia Radu, Ramona Dulamea and Ada Romanti. On 12 May, the Romanian Ministry of Energy launched the auction initiation order for the second CfD ("Contracts for Difference") auction of 2025. The deadline for submitting clarifications is 30 May and the deadline for submitting applications is 11 July. Successful applicants will be announced on 14 August and new CfD contracts will be signed before 9 September. The total capacities in the auction are as follows: ♦ 2,000 MW for onshore wind; ♦ 1,472 MW for solar PV. The maximum cap prices have been set at the following: ♦ 80 Eur/MW for onshore wind; ♦ 73 Eur/MW for solar PV. One major change from previous tender rules is that the 25% capacity threshold no longer applies. Hence, bidders will be able to bid for any amount of capacity for one or multiple projects with the obligation to declare its participation in other projects. CfD beneficiaries with a signed CfD contract are allowed to participate in this auction with other projects since the capacity from this auction won’t be cumulated with the capacity auctioned in 2024. As with the previous rules, applicants are allowed to bid with partial capacity. The amount of the bonds have remained unchanged – 20 k EUR/MW for the bid bond and 75 k EUR/MW for the performance bond. Several clarifications have been made with respect to the ATR submission. CMS Romania |
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Kinstellar advises on the Romanian law aspects of the recent financing for Polon-Alfa
R. T.
Kinstellar announced that it has advised on the Romanian legal aspects of the recent financing for Polon-Alfa, a portfolio company of Argan Capital, on the establishment of a new continuation fund managed by Argan Capital and the full refinancing of Polon-Alfa’s existing debt.
ZRVP advises Hagag Development Europe on the launch of the first Radisson RED hotel in Romania
BizLawyer
Zamfirescu Racoți Vasile & Partners (ZRVP) has provided comprehensive legal assistance to Hagag Development Europe in the negotiation and signing of the management agreement for the operation of Romania’s first Radisson RED hotel.
Exim Banca Romaneasca launches EURO debit card with PREMIUM benefits for individuals
BizLawyer
Exim Banca Romaneasca diversifies its product portfolio and launches the Mastercard World card in EURO, a tool that enhances the payment experience for people who travel or work abroad, offering premium advantages, benefits, and rewards.
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Schoenherr advises Hellman & Friedman on its investment, alongside CVC, in Mehiläinen
BizLawyer
Schoenherr acted as local counsel in Romania and Serbia for Hellman & Friedman in connection with its investment, alongside CVC, in Mehiläinen, the largest healthcare and social care provider in Finland.
Kinstellar, together with Greenberg Traurig Poland, advises on the Romanian, Czech and Hungarian legal aspects of a PLN 3.66 billion financing for CCC
BizLawyer
Kinstellar, together with Greenberg Traurig Poland as lead counsel, announced that it has advised again its long-standing client, CCC S.
RTPR, banks’ lawyers in the RON 3.1 billion syndicated financing granted to Electrica
R. T.
RTPR has assisted the syndicate of banks formed by Banca Transilvania and Banca Comerciala Romana as Mandated Lead Arrangers, and Raiffeisen Bank, BRD - Groupe Société Générale, CEC Bank, ING Bank and Intesa Sanpaolo Bank Romania, as lenders in connection with a RON 3.
PNSA alongside Société Générale Group on the sale of BRD Medio fund
BizLawyer
Popovici Nițu Stoica & Asociații has assisted Société Générale Group on the successful completion of the first stage in the sale to Banca Transilvania Group of BRD Pensii, consisting in the transfer to Banca Transilvania of BRD Medio, the group’s facultative pension fund.
Schoenherr advises Dentas Kağıt Sanayi on sale of Romanian subsidiary to Hartmann Packaging
R. T.
Schoenherr advised Dentas Kağıt Sanayi on the sale of its Romanian subsidiary to Hartmann Packaging.
Intellectual Property celebrated by the BACIU PARTNERS team through the Intellectual Property Law Moot Court Competition, now in its 3rd edition
BizLawyer
The curiosity to explore the spectacular field of intellectual property law was the main element that defined the vibe of the third edition of the Intellectual Property Law Moot Court Competition organized by the BACIU PARTNERS team together with our partners ELSA Bucharest.
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PNSA alongside ALD Automotive on the merger with LeasePlan into Ayvens
CMS | Romania launches second CfD auction
BCR finances Alerion Group with EUR 18.5 million for the development of a 35 MW photovoltaic project in Romania
Kinstellar advises on the Romanian law aspects of the recent financing for Polon-Alfa
Dentons advises banks on Bucharest Municipality’s RON 555 million bond issuance and listing on the Bucharest Stock Exchange
Clifford Chance Badea advised BCR in the financing of a 34.69 MW solar plant development by an Alerion Clean Power-owned company
Țuca Zbârcea & Asociații celebrates its 20th anniversary
EY advised Hartmann Packaging on the acquisition of Dentaş Romania from Dentaş Kağıt Sanayi
ZRVP advises Hagag Development Europe on the launch of the first Radisson RED hotel in Romania
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