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CMS Romania | European Commission issues a reasoned opinion to Romania for failure to ... For more information on Romania’s failure to comply with the Motor Insurance Directive and how this could ... Zamfirescu Racoți Vasile & Partners Launches the Litigation Academy Podcast, ... Litigation Academy will be hosted by ZRVP partners Cosmin Vasile and Andrei Dumitrescu. Landmark decision in the renewable energy sector: the Constitutional Court upholds ....jpg) The teams were led by Christina Vlădescu, Partner at Țuca Zbârcea & Asociații, and Alexandru Cristea, Tax ... RTPR advises Evryo Group on completing the sale of its renewables portfolio to PPC Group The RTPR team was coordinated by Roxana Ionescu (Partner) closely assisted by Cezara Urzica (Senior Associate) and Andrei Nicolae (Junior Associate). RTPR announces the successful closing of a new M&A transaction in the energy industry, the sale of the renewable energy portfolio of Evryo Group, owned by funds managed by Macquarie Asset Management, to PPC Group. The deal was closed on 20 November, while the transaction documents were signed in August. The renewable energy portfolio includes the Evryo Wind Farm, Romania’s largest operational onshore wind farm, with a total installed capacity of 600 MW, the group’s hydropower system comprising 4 hydroelectric plants and associated hydro facilities, with a total installed capacity of approximately 22 MW, the first Floating Photovoltaic Power Plant in the country on lake Grebla with a capacity of 1 MW and 6 MW of battery storage, as well as further 145 MW in pipeline assets. BizLawyer 
Completion of a puzzle: amendment of Government Emergency Ordinance No. 57 ̸ 2007 on the regime of protected natural areas, conservation of natural habitats, wild flora and fauna, in the context of an infringement procedure The Draft addresses the issues raised in the European Commission’s reasoned opinion, with the primary goal of ensuring that environmental regulatory authorities explicitly assess the need for an appropriate assessment for plans/projects located outside protected natural areas of community interest. Following the evaluation of the quality of transposing Council Directive 92/43/EEC of May 21, 1992, on the conservation of natural habitats and of wild fauna and flora ("Habitats Directive"), the European Commission identified several deficiencies in its transposition in Romania. As a result, in 2020, the Commission initiated an infringement procedure against Romania for failing to comply with the obligations set out in this European legal act. According to information published by the European Commission in early October 20241, "Romanian legislation does not explicitly mention that conservation measures included in management plans must take into account the ecological needs of the types of natural habitats and the species present within the respective sites. This directly impacts the quality of the management plans, as they may not contain the necessary measures for protecting those types of habitats and species. Simona Petrișor (Partner) and Andrei Prună (Associate) - BONDOC & ASOCIAȚII |
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CMS | Romania imposes new reporting obligations on entities supervised by the Financial Supervisory Authority
CMS Romania
Romania recently published Government Emergency Ordinance no. 125/2024 in the Official Gazette no.
Schoenherr launches the fourth edition of “law, sweet law” essay contest, with total prizes worth lei 18,000
BizLawyer
Schoenherr și Asociații SCA invites second- and third-year law students in all Romanian universities to enter the firm's "law, sweet law" essay contest.
ZRVP Wins “Romania Firm of the Year” at the 2024 Lexology Index Awards (Who’s Who Legal), Marking a First for a Romanian Firm
BizLawyer
Zamfirescu Racoți Vasile & Partners (ZRVP) has been awarded "Romania Firm of the Year" at the prestigious Lexology Index Awards (previously known as the Who’s Who Legal Awards), marking the first time this honor has been granted to a Romanian law firm.
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Bondoc și Asociații SCA advised UniCredit SpA in connection with the acquisition of Alpha Bank România S.A.
B. A.
Bondoc și Asociații Law Firm assisted UniCredit SpA with the acquisition of Alpha Bank Romania in light of the subsequent merger between UniCredit Bank and Alpha Bank Romania SA, an intricate and significant process that will change the banking landscape in Romania.
NNDKP CELF obtains a new court decision recognizing the right to deduct VAT on investment expenses in case of project abandonment
BizLawyer
The NNDKP Center of Excellence in Fiscal Disputes (NNDKP CELF) has successfully represented a client in maintaining the recognition, through a final court decision, of the right to deduct VAT on expenses incurred for investments necessary to start or continue certain real estate projects that were ultimately not completed.
Clifford Chance Badea advised Alpha Bank Group and its Romanian subsidiary Alpha Bank Romania S.A. in closing the sale to Unicredit S.p.A. of 90,1% of the shares in Alpha Bank Romania S.A.
BizLawyer
Clifford Chance Badea advised Alpha Bank Group and Alpha Bank Romania S.
RTPR advises Oresa and Cristian Amza on La Fantana sale
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RTPR has assisted the Swedish investment company Oresa and the entrepreneur Cristian Amza in relation to the sale of the entire stake in the La Fantana group, which has subsidiaries in Romania and Serbia, to the strategic investor Axel Johnson.
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REITs “made in Romania” - hopefully, the dawn of a new era
Cosmin Stăvaru (Partner), Diana Ispas (Partner), Raluca Catargiu (Senior Associate) - Bondoc & Asociații
1. Overview On September 3rd, 2024 the Senate passed the Bill no.
Schoenherr advises Trans-Oil Group on acquisition of Frial Terminal. The team was led by Mădălina Neagu (partner)
R. T.
Schoenherr și Asociații SCA advised Trans-Oil Group, a leading agribusiness operator in the Black Sea region, on the acquisition of Frial Terminal, located in the Port of Constanța, Romania.
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RTPR advises Evryo Group on completing the sale of its renewables portfolio to PPC Group
Completion of a puzzle: amendment of Government Emergency Ordinance No. 57 ̸ 2007 on the regime of protected natural areas, conservation of natural habitats, wild flora and fauna, in the context of an infringement procedure
Dentons advises EnergoNuclear on an engineering, procurement and construction management contract for Cernavoda NPP Units 3 and 4
CMS Romania | European Commission issues a reasoned opinion to Romania for failure to transpose Motor Insurance Directive
Zamfirescu Racoți Vasile & Partners Launches the Litigation Academy Podcast, Dedicated to Litigators and Justice Professionals
CMS | Romania imposes new reporting obligations on entities supervised by the Financial Supervisory Authority
Landmark decision in the renewable energy sector: the Constitutional Court upholds claim on unconstitutionality of over-taxing renewable energy producers
Schoenherr launches the fourth edition of “law, sweet law” essay contest, with total prizes worth lei 18,000
ZRVP Wins “Romania Firm of the Year” at the 2024 Lexology Index Awards (Who’s Who Legal), Marking a First for a Romanian Firm
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