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New Managing Associates at PNSA
Popovici Nițu Stoica & Asociații has announced the promotion of Alexandru Stan (International Arbitration; Corporate & Commercial) and Răzvan Alexandru Popa (Litigation; Restructuring & Insolvency; Tax) to Managing Associates. ...
Turning the corner? CMS European M&A Outlook 2024 | Dealmaking expectations mixed amidst economic uncertainty, but private equity notably bullish
· 43% of dealmakers predict a decline in European M&A activity over the next 12 months, whilst 35% foresee an increase, with private equity dealmakers displaying heightened optimism. ...
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 ma ...
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-Reasigu ...
SIMION & BACIU welcomes Roxana Rizoiu as Director of Knowledge Management and Professional Development
SIMION & BACIU has announced the expansion of its Business Services team with the addition of Roxana Rizoiu as Director of Knowledge Management and Professional Development.A PhD in Legal Sciences a ...
CMS | Romania expects significant changes to its gambling legislation
A recent draft legislative proposal initiated by the Romanian government is generating serious concerns due to the significant changes recommended by the proposal. The prospective changes are intended ...
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 ...
Smart teleworking – Guidelines to obtain cost efficiency and active risk management
The former classic (to be read “rigid”) system where performance of work is accomplish ...
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 ...
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 reinforce ...
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 21 ...
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 l ...
Schoenherr advises Enery on signing long-term virtual power purchase agreement for renewable energy with Ursus Breweries
Schoenherr și Asociații SCA advised Enery on signing a multi-year virtual power purchase ...
- •EBBRD downgrades estimates of Romanian economy in 2023, 2024
- •Power distribution system under pressure due to rising number of prosumers (ANRE vice-president)
- •US ambassador: Romania to join Visa Waiver Program in early 2025
- •EnergMin Burduja: Parliament might pass offshore wind energy bill in December
- •Wholesale trade up by 3.2% in the first seven months (gross series)
- •Competition Council: Unannounced inspections of Enel group companies for possible abuse of dominant position
- •Number of properties sold, up in first semester, but average value of a transaction halved
- •Draft law on measures to ensure Romania’s financial sustainability, published by Finance Ministry
- •EY announces launch of artificial intelligence platform EY.ai following US$1.4b investment
- •Should Austria in December votes against Romania’s accession to Schengen, I’ll appeal decision to CJEU (PM Ciolacu)
- •IMF, in Bucharest for annual consultations with Romania based on Article IV
- •Cooperation and Verification Mechanism for Romania and Bulgaria
- •Unemployment rate in Romania, down to 2.9pct in July 2023
- •88,433 natural, legal persons doing business registered in Romania in first seven months of 2023
- •Bitdefender completes acquisition of Horangi Cyber Security
- •Damen Holding BV terminates agreement on Mangalia shipyard
- •Crosspoint Real Estate represents important automotive-parts producer in Sale-and-Leaseback Agreement with WDP
- • Coalition agreement on comprehensive plan to cut state spending as much as possible (PM)
- •Residential building permits issued in Romania, down 24.5pct in H1 2023
- •PwC Romania and D&B David si Baias advised CE Oltenia on the development of eight photovoltaic parks and a gas-fired power plant
- •Dentons advises Ursus Breweries on Virtual Power Purchase Agreement with Enery
- •Deloitte Romania assisted RetuRO in obtaining the largest private green loan in Romania from ING Bank, amounting to RON 426 million, for the implementation of the Deposit-Return System
- •Nyerges & Partners Strengthens Real Estate, Construction, and Energy Practices with New Senior Associate, Mihaela Spiridon
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