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CMS România | Romania amends the tax law in 2023

For more information on how the above tax changes will affect your Romania-based business, contact your CMS ...

Dentons advises on Romania’s largest real estate credit facility to date

Dentons managed and coordinated the financing transaction from structuring to completion.

Stratulat Albulescu advises Vectr Fitness, the main shareholder of World Class ...

The Stratulat Albulescu team advising Vectr Fitness was led by Partner Cristina Man in close cooperation with ...

Schoenherr și Asociații SCA advises Nofar Energy on acquisition of 73 MW solar PV project

Schoenherr's services covered the full range of buy-side legal advice in connection with this M&A transaction, including energy-related matters.

Schoenherr și Asociații SCA advised Nofar Energy on the acquisition of a 73 MW solar photovoltaic (PV) project in Slobozia, Giurgiu county.The transaction is part of the company's announced plans to acquire, develop and install solar PV power plants and wind farms with a total capacity of 1.5 GW in 2023. "After its market entry in 2021, Nofar Energy has quickly become a major investor in the Romanian renewable energy sector," said local partner Monica Cojocaru, who led the Schoenherr team advising Nofar Energy. "We are happy to be a part of Nofar's success story in our country.

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PNSA

Stratulat Albulescu advises Rockpool Investments on its investment in EC Electronics

The SAA team advising on the deal was led by Managing Partner Silviu Stratulat and included Managing Associate Raluca Gabor and Associate Amanda Csaki.

SAA advised Rockpool on all Romanian elements of the transaction whereby the latter invested in EC Electronics, an electronics manufacturing service provider for original equipment manufacturers (OEMs) and product innovators in the UK and Europe, including in Romania where they operate production facilities in the South-West of the country. Founded in 2011, Rockpool Investment is a private equity firm based in London, United Kingdom. The firm seeks to invest in companies operating in the technology, business services, manufacturing, energy, retail, consumer, leisure, specialist engineering and media sectors based in the United Kingdom. Launched in 1984, EC Electronics produces and supplies a number of electronic-based products and sub-assemblies to customers across various industries including connected technology, medical devices, electric vehicles, building controls, and environmental monitoring.

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LEGITEAM

Crypto-assets: Ephemeral trend or key-elements for digital market’s growth?

Mateea Codreanu, Managing Associate and Gabriel Oprea, Senior Associate – Mușat & Asociații

After years of anticipation and waiting, 2023 appears to be the year in which crypto-assets, as major applications of blockchain technology in finance, will be finally regulated by the European Union („EU”) legislation, namely, by the Regulation on Markets in Crypto Assets (“MiCA Regulation”), which is susceptible to affect the rights, obligations and interests of many existing and future generation of businesses and investors across the globe.


      RTPR starts new year with lawyer promotions

      BizLawyer

      RTPR announces new promotions within its team of lawyers.Ana Popa, Andrada Rusan and Diana Dimitriu become Senior Associate, while Lia Ilie and Codrina Simionescu are promoted to Managing Associate.


          European data regulators issued EUR2.92 billion in GDPR fines last year – a 168% increase on the previous year, according to global law firm DLA Piper

          BizLawyer

          Global law firm DLA Piper publishes the 2023 edition of its annual GDPR and Data Breach survey revealing total fines issued for a wide range of GDPR infringements and the league table of fines issued by country since January 28th 2022.



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              Dentons advises NEPI Rockcastle on €60 million green financing

              BizLawyer

              Dentons, the world’s largest global law firm, advised NEPI Rockcastle on a €60 million green financing for Ploiesti Shopping City from a syndicate of lenders led by BRD Groupe Société Générale.


                  CMS advises a syndicate of banks on granting EUR 60m green loan to Ploiesti Shopping City

                  BizLawyer

                  International law firm CMS has advised a banking syndicate, led by BRD SG, on a EUR 60m green loan arrangement for Ploiesti Shopping City S.


                      Articolul poate fi citit doar de membrii platitori ai comunitatii BizLawyerVlăsceanu & Partners has assisted Photon Energy Group in relation to RES Projects with a capacity of around 27 MW

                      BizLawyer

                      Vlăsceanu & Partners (VLP) has assisted Photon Energy Group, at the end of 2022, in connection with several RES Projects that Photon Energy is developing in Romania.


                          CMS România | Romania enacts new whistleblowing law

                          CMS România

                          On 22 December 2022, Law No 361/2022 on the protection of whistleblowers in the public interest entered into force in Romania.


                              No More PUZ for Developing Renewables

                              Mihaela Nyerges (Partner) and Diana Dulama (Junior Associate) - Nyerges & Partners

                              Very good start of the year for the renewable energy sector.The much-awaited legislative intervention was passed: PUZ is no longer required for developing renewable energy projects.


                                  CMS România | Romania imposes temporary windfall tax for the oil, gas, coal industries and the refining sector

                                  CMS România

                                  On 28 December 2022, the Romanian Government passed Government Ordinance no.


                                       

                                       

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