CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Aiming to protect consumers from potentially excessive interest rates applied by Romanian non-bank financial institutions (NBFI) and to ensure increased transparency in loan claim assignments, in November 2024, Romania enacted Law 243/2024 on consumer protection regarding the total cost of credit and assignment of claims (Law 243/2024).
Nyerges & Partners has advised R.Power Renewables on an 11-year physical power purchase agreement for the full output of four solar photovoltaic projects developed in Romania.
The White-Collar Crime Department of the law firm Musat & Asociatii, having a wide expertise in cybersecurity and in providing legal assistance and representation in complex cases involving cyber fraud, informs its clients and the general public about a newly emerging method of smishing (phishing via mobile phone messaging) in virtual space., which involves perpetrators targeting messaging and calling platform accounts (e.g. WhatsApp) with the intent of compromising and cloning them to commit various crimes.
Dentons Partner and and Head of the Capital Markets group in Bucharest Loredana Chitu highlights Romania's vibrant M&A market, driven by strong investor interest in energy, technology, and logistics-focused real estate, while also cautioning that ongoing geopolitical and economic challenges, as well as upcoming elections, could influence investment activity throughout 2025.
Tuca, Zbarcea & Asociatii has successfully represented the association between China-based CRRC Qingdao Sifang and Romania-based Astra Vagoane Calatori before the Court of Justice of the European Union in a case which rendered Emergency Ordinance No. 25/2021 on the exclusion of non-EU economic operators from public procurement procedures ineffective.
Dentons has advised the Green Assets Division of MET Group on the acquisition of an 80-megawatt photovoltaic project in Rascaeti, Dambovita County, Romania, from Austrian solar power developer Kraftfeld Energy. Vlasceanu & Partners advised Kraftfeld Energy.
Clifford Chance advised Alpha Bank and Alpha International Holdings on the full sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania.
BPV Grigorescu Stefanica has advised Autonom International on its investment in the Romanian insurer Eazy Insurance. Bulboaca & Asociatii reportedly advised Eazy Insurance.
RTPR has advised Arobs Transilvania Software on the acquisition of SVT Electronics. Radulescu & Musoi advised SVT Electronics.
Tuca Zbarcea & Asociatii has represented Egger Romania in a dispute over undue charges by an electricity supplier based on a misinterpretation of Government Emergency Ordinance No. 27/2022.
BRD - Groupe Societe Generale in-house Lawyer Vlad Giurgiu has joined LegalZen as its Head of Legal.
Former Oglinda & Partners lawyers Eugen Sarbu, Mihai Ionescu-Balea, and Tasiana Timofticiuc have established Sarbu Partners in Bucharest.
Romanian lawyer Adina Jach was promoted to Head of Legal and Compliance at Reverse Logistics Group in Germany.
CMS has advised the Romanian Commodities Exchange on its acquisition of a 75% stake in the Bulgarian Energy Trading Platform.
Dutescu & Partners has represented Leonhard Weiss Group in a court case against the public contracting authority in Romania.
Popovici Nitu Stoica & Asociatii has advised Banque Banorient France Romania Branch on the financing provided to Solida Capital for the acquisition of the Victoria Center office building on Calea Victoriei in Bucharest. Kinstellar advised Solida Capital.
Ijdelea & Associates has advised The Carlyle Group on the sale of its ownership share in Mazarine Energy to Edward van Kersbergen. Suciu Partners advised the buyers.
Stratulat Albulescu has elevated Manuela Iurascu and Raluca Gabor to Partner as part of the firm's latest promotion round.
Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.
Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.
Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021).
