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Valuable jurisprudence obtained by RTPR for Premier Energy Furnizare in the field of ...The RTPR team of lawyers was made of Alexandru Stanoiu (Counsel) and Ana Popa (Senior Associate), under the ... Schoenherr advises Enery on securing EUR 214.45m bank loan for Romanian renewable ...The Schoenherr team advising Enery was led by Robert Bachner (partner) and Adina Damaschin (partner), and ... CMS | Romania amends Companies Law to digitalise shareholders’ meetingsFor more information on electronic signatures in Romania, contact your CMS client partner or local CMS ... RTPR advises Grup Serban Holding on EUR 73 million financingThe RTPR team was coordinated by Alexandru Retevoescu (Partner) and Andreea Nedeloiu (Senior Associate), and further included Livia Tuca (Associate), Georgiana Verives and Ambra Lazar (Junior Associates). RTPR has assisted Grup Serban Holding and its subsidiaries in relation to a EUR 73 million syndicated facility for the refinancing of the existing debt and the development of its activity. The financing was coordinated by BRD Groupe Société Générale and Banca Transilvania, who have also acted as Documentation Agents and Original Lenders, while Raiffeisen Bank Romania acted as Sustainability Agent and Original Lender. Banca Transilvania will act as Facility Agent and Security Agent throughout the financing process. Grup Serban Holding is an entrepreneurial company that operates in the agribusiness market in Romania, covering several areas, such as agriculture (over 15,000 hectares cultivated), grain trading, oil plants and vegetables, Angus cattle and Ile de France sheep breeding, bakery, pastry-confectionery, public catering, distribution and transport. The RTPR team was coordinated by Alexandru Retevoescu (Partner) and Andreea Nedeloiu (Senior Associate), and further included Livia Tuca (Associate), Georgiana Verives and Ambra Lazar (Junior Associates). R. T. CMS | Romania extends motor third-party liability insurance premium cap until 31 March 2025For more information on the new legislative amendment and the insurance legal framework in general, contact your CMS client partner and local CMS experts: Cristina Popescu and Florentin Giurgea. On 18 December 2024, the Romanian government approved Decision no. 1667 to re-extend the application period for the maximum premium of motor third-party liability (MTPL) insurance, this time until 31 March 2025. As previously reported, on 28 February 2023 the cap was set for the level of premium rates that could be charged by MTPL insurers. These premium rates may be adjusted by a maximum of 6.8%. CMS Romania |
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Țuca Zbârcea & Asociații advises on EUR 29.5 million credit facility for a Weerts Group company
Țuca Zbârcea & Asociații provided legal assistance to Unirii View SRL in obtaining a financing from Banca Comercială Română (BCR).
BONDOC ȘI ASOCIAȚII obtains an important clarification from the High Court of Cassation and Justice regarding the jurisdiction to settle disputes in connection with the conclusion by private beneficiaries who are not under the obligation to apply public procurement procedures of contracts financed from funds allocated to the National Recovery and Resilience Program – NRRP
On 10 December 2024, for the establishment of a jurisdiction regulator, the High Court of Cassation and Justice held that it is the administrative disputes court that has jurisdiction for solving a dispute over the annulment of a decision issued by a private company, further to the performance of a specific procedure for the award of a contract for the supply of products financed with external funds allocated under the NRRP.
RTPR signs 28th private equity deal in last 2 years. The law firm successfully advises Abris Capital Partners on Pehart Grup exit
RTPR has assisted private equity fund Abris Capital Partners in relation to the sale of Pehart Grup to INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic States.
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Schoenherr expands its Italian Desk into an innovative hub in Central and Eastern Europe
Schoenherr announces the expansion of its Italian Desk, launched in Bucharest in 2008 when Daniele Iacona joined the firm, into an innovative international hub.
Țuca Zbârcea & Asociații advised OMV Petrom on successfully completing four “green” transactions in Romania
Țuca Zbârcea & Asociații provided legal assistance to OMV Petrom in relation to four major renewable energy transactions, probably the most extensive and complex step in this direction taken by a company on the local market.
Schoenherr advises Otokar on USD 1bln armoured vehicles contract with Romanian Army
Schoenherr advised Otokar on signing a public contract with the Romanian state company Romtehnica, an entity of the Ministry of National Defence.
CMS named CEE M&A Legal Adviser of the Year 2024 at the Mergermarket European M&A Awards
CMS is delighted to announce that it was named CEE M&A Legal Adviser of the Year 2024 at the Mergermarket European M&A Awards 2024 in a ceremony held in London on the 27th of November.
Țuca Zbârcea & Asociații and The Legal 500 launch the second edition of the GC Powerlist Romania
The second edition of GC Powerlist Romania was launched yesterday in the presence of some of Romania’s most successful corporate counsels.
CMS | Romania removes double taxation of stored electricity from the legal framework
On 21 November 2024, the Romanian government approved a new Government Emergency Ordinance (GEO 134/2024) promoting the elimination of double charging and stimulating the development of energy storage technologies to ensure the transition to a low-carbon economy by amending Electricity Law 123/2012 and Law no 220/2008 for the promotion of renewable energy production.
RTPR advises Grup Serban Holding on EUR 73 million financing
CMS | Romania extends motor third-party liability insurance premium cap until 31 March 2025
Dentons advises Electrica on successful bid in Romania’s first CfD renewables auction
Valuable jurisprudence obtained by RTPR for Premier Energy Furnizare in the field of hardship theory. Damages of approximately EUR 4 million and legal penalty interest, as a result of the non-performance of an energy supply agreement concluded on the CMBC-BC market
Deloitte Romania assisted AQUILA, one of the leaders in distribution and logistics services for the consumer goods market, in its expansion on the Hungarian market through the acquisition of KITAX
EY Romania advised Kingfisher on the divestment of Brico Dépôt Romania to Altex
Schoenherr advises Enery on securing EUR 214.45m bank loan for Romanian renewable energy portfolio and expansion
CMS | Romania amends Companies Law to digitalise shareholders’ meetings
Țuca Zbârcea & Asociații advises on EUR 29.5 million credit facility for a Weerts Group company
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