Competition Council: Unannounced inspections of Enel group companies for possible abuse of dominant position

The Competition Council has carried out unannounced inspections at Enel Romania SA, the electricity distribution operators within the group and the electricity supply companies that are members of the group, as part of investigations into possible abuses of dominant position.

CMS advises Integral Venture Partners on the acquisition of a majority stake in O’Fresh Vending Solutions in Romania

International law firm CMS has advised private equity and growth capital investments firm Integral Venture Partners (“Integral”) on entering into a definitive agreement for the acquisition of a majority stake in Romanian-based O’Fresh Vending Solutions (“O’Fresh”), a leading provider of vending, office coffee, and clean water services to business clients.

CMS | Romania extends insurance policies from Euroins Romania to avoid market consequences

On 31 August 2023, the Romanian government passed emergency Government Ordinance (GEO 2023), which extends by 90 days the validity of the insurance policies issued by Euroins Romania Asigurare-Reasigurare S.

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RTPR advises Orange Money on signing the transfer of business to Alpha Bank

RTPR has assisted Orange Money Romania, part of Orange group, in relation to the transfer of its retail business to Alpha Bank Romania.

Smart teleworking – Guidelines to obtain cost efficiency and active risk management

The former classic (to be read “rigid”) system where performance of work is accomplished in just a single physical workspace for all employees is already starting to fade away, due to its declining economic benefit and its missing opportunity of enjoying a great variety of services offered in modern society (set aside by the consuming action of moving from home to the workplace and vice versa).

Dentons advises founders on the sale of a majority stake in BMF Grup to SARMIS Capital

Dentons, the world’s largest global law firm, advised the founders of the BMF Grup - the largest integrated facility management company in Romania - on the sale of a majority stake in the company to the private equity fund SARMIS Capital.

Romania: How does the Mobility Directive change the M&A framework

EU Directive 2019/2121 (also known as the "Mobility Directive") aims to create a reinforced framework for cross-border operations while ensuring the protection of employees, creditors and minority shareholders in the internal market.

CMS advises on two strategic investments in the Romanian renewable sector

International law firm CMS has advised HELLENiQ Energy Holdings on the acquisition of a 211 MW portfolio of four solar projects developed in Romania by MYTILINEOS Energy & Metals.

Recent ECJ judgement sparks controversies on the Romanian statute of limitations for criminal liability

I.        The Romanian regulatory context In recent years, the statute of limitations for criminal liability in Romania has been the subject of numerous debates among legal scholars and practitioners.

BMF Grup and SARMIS Capital announce the largest investment in the Facility Management industry this year in Romania