ZRP
Tuca Zbarcea & Asociatii

CMS advises Alior Bank on the sale of a retail performing loan portfolio of approx. ...

CMS advises Alior Bank on the sale of a retail performing loan portfolio of approx. RON 97 million

NNDKP part of the international legal team advising Mengtai Group on the acquisition ...

NNDKP provided legal assistance in the Romanian jurisdiction.

CMS and ACCESS advise Agir Global on acquisition of Romanian subsidiary of Sidma ...

The CMS team was led by Elena Andrei and Horea Popescu (M&A), and included Rares Crismaru (M&A); and Claudia ...

CMS Romania | EU to create new anti-money laundering authority

For more information on the AMLA and AML and CFT policies in a particular EU member state, contact your CMS client partner or these CMS experts: Ana Radnev and Florian Pacalici.

On 19 June 2024, the Regulation (EU) 2024/1620 of the European Parliament and of the Council of 31 May2024 establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism Authority (AMLA) was published in the Official Journal. AMLA will coordinate EU efforts to combat money laundering (ML) and terrorist financing (TF), and the threats these criminal activities pose to the integrity of the EU’s economy and security. The AMLA has been established under the new European anti-money laundering (AML) and counter-financing terrorism (CFT) legislative package, and regulations and amendments that are being made to existing AML and CFT EU legislation.

CMS Romania

PNSA

Remit reshape: EU’s updated rules to safeguard wholesale energy markets

The updates to the REMIT Regulation are part of a reform of the electricity market that was first presented by the European Commission in March 2023.

      1.      Background and reform of the electricity market Open and fair competition in electricity and gas markets requires transparency and integrity. Regulation (EU) No 1227/2011 of the European Parliament and of the Council of 25 October 2011 on wholesale energy market integrity and transparency (“REMIT Regulation”) aimed to achieve this purpose, but it nevertheless needs amending to address current deficiencies, enhance transparency, and improve monitoring. The new amendments are intended to stabilize energy prices, protect consumers, and improve cross-border market abuse investigations and enforcement. The updates to the REMIT Regulation are part of a reform of the electricity market that was first presented by the European Commission in March 2023.

Monica Iancu (Partner) și Andra Gheorghe (Managing Associate) - Bondoc & Asociații

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Clifford Chance Badea is advising EBRD and OTP Bank in the EUR 93 million financing of a 102 MW wind farm in Romania

B. A.

Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised the European Bank for Reconstruction and Development (EBRD) and OTP Bank in relation to the EUR 93-million financing agreement for the construction and operation of the Urleasca Wind Farm in Braila County, Romania.


      ZRVP Secures Landmark Lease for Tech-Con Industry in Bucharest’s Prime Location

      B. A.

      Zamfirescu Racoți Vasile & Partners (ZRVP) advised Tech-Con Industry Romania in leasing approximately 2,500 sqm of warehouse and office space in VLPark Bucharest West.


          Cristina Daianu has joined bpv GRIGORESCU ȘTEFĂNICĂ as a partner

          BizLawyer

          bpv GRIGORESCU ȘTEFĂNICĂ has announced that Cristina Daianu has joined the firm as a partner in its Corporate and Mergers & Acquisitions practice group.



              Ascunde Reclama

              Clifford Chance Badea advised MORE in the 86-MW deal marking its entry on the Romanian renewable market

              R. T.

              Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, is advising Greek-based Motor Oil Renewable Energy Single Member S.


                  Țuca Zbârcea & Asociații obtains a referral for a preliminary ruling to the CJEU in a public procurement dispute in the field of innovative medical technologies

                  BizLawyer

                  Țuca Zbârcea & Asociații obtains a referral for a preliminary ruling to the CJEU in a public procurement dispute in the field of innovative medical technologies, from the Cluj Court of Appeal, which concerns the lawfulness of restrictive technical specifications in the tender documentation, in connection with the "objective necessity" of the contracting authority.


                      Articolul poate fi citit doar de membrii platitori ai comunitatii BizLawyerKinstellar advises Canadian Nuclear Partners on the framework agreement with Nuclearelectrica for the refurbishment of Unit 1 at the Cernavodă nuclear power plant

                      B. A.

                      Kinstellar has advised Canadian Nuclear Partners (a subsidiary of Ontario Power Generation, one of the world’s largest power generators, and a corporation wholly owned by the Government of Ontario) on the framework agreement for the refurbishment of Unit 1 at the Cernavodă nuclear power plant, operated by the state-owned nuclear energy producer, Nuclearelectrica.


                          Vasile Țiple, former General Counsel for UiPath and founder of GoodLegal, joins KPMG Legal - Toncescu și Asociații

                          BizLawyer

                          KPMG Legal Toncescu și Asociații announces that Vasile Țiple has joined the firm in a collaboration designed to help local and CEE clients to understand technology and its challenges, and to use it under optimal conditions.


                              Kinstellar advises ING Bank on a new EUR 150 million senior facility granted to Romanian telecommunications service provider DIGI Romania

                              BizLawyer

                              Kinstellar, together with Linklaters LLP, has successfully advised ING Bank N.


                                  PNSA advised Orange Group on post-acquisition merger between Orange Romania and Orange Romania Communications

                                  BizLawyer

                                  PNSA has advised Orange Group, one of the world's leading telecommunications and digital service providers, on post-acquisition merger between Orange Romania (ORO) and Orange Romania Communications (OROC), in view of creating a fully converged telecommunications operator by integrating OROC into ORO.


                                       

                                       

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