Three percent of the total Romanian companies represent the engine of the domestic economy and half of them are in difficulty, according to the third edition of the CITR Group study on the evolution of the impact companies between 2013 and 2015. The number of these impact companies is shrinking, from 23,384 in 2013 to 19,564 in 2015. If this shrinking trend persists, the whole economy may be affected by contagion shows the CITR study. All this in the context in which Romania is not able to generate enough new entrepreneurs to compensate for the imbalance in Romanian business. ...more »

Deloitte appoints Dimitrios Goranitis as Financial Services Industry Risk and Regulatory Advisory Partner, thus expanding its risk and regulatory practice in Romania. Dimitrios will lead Deloitte’s risk service offering in Central Europe focusing on banking regulatory strategy and supervision and credit risk transformation. His appointment in Romania shows the country’s potential to lead the risk and regulatory reform in Central and South Eastern Europe....more »

Mușat & Asociații law firm extends its management structure, promoting another four attorneys as Partners, starting from 1 March 2017. With a vast professional and management experience, prior to this appointment, the new promoted Partners were part of the firm’s Managing Associates team.  The four new Partners are: Vlad Cordea, Bogdan Mihai, Bogdan Riti and Liviu Togan, specialized in key practice areas of the firm....more »

Out of more than 120 competing firms for 24 categories and shortlisted for the third time in a row, Maravela & Asociatii shared the podium with internationally reputed European law firms such as Herbert Smith, Gleiss Lutz, A&L Goodbody, Wolf Theiss, just to name a few. This year the Awards recognize strategic vision, particularly focusing on cross-border initiatives, robust partnership culture, strong financial performance and growth, consistent excellence in delivery of legal services as well as outstanding talent management....more »

German law firm Noerr promoted Alexandru Ene in the position of partner, after 14 years of activity within the firm. Alexandru Ene joined Noerr in 2003 as coordinator of the litigation department, and since 2008 Mr. Ene served as associate partner. With an experience of over 16 years in business law, Alexandru Ene is an expert in litigation and insolvency, but also in implementing and developing compliance programs....more »

Starting this February, Dana Radulescu, formerly Insolvency Partner, is a Partner within the advisory practice group of Maravela & Asociatii. Valedictorian of Bucharest University`s Law School, Dana equally holds a bachelor's degree...more »

Nestor Nestor Diculescu Kingston Petersen (NNDKP) announced today the promotion of six lawyers to partnership, in one of the most important rounds of promotions within the firm in recent years.   Marius Ezer, Daniela Gramaticescu, Valeri...more »

As of January, Felix Tapai was promoted as Tax Partner in charge with Maravela & Asociatii`s affiliated tax advisory practice.  Providing tax advisory services to firm`s clients since June 2014, Felix proved remarkable personal and professional qualities that shortly turned him into a most valuable member of Maravela & Asociatii`s team....more »

After selecting the first Romanian President of Insol Europe, the European Forum chooses its East-European event coordinator also from among CITR specialists. Niculina Șomlea, member in the Professional Training and Auditing Department in CITR is to coordinate the East-European events organized by the European Forum of Insolvency Practitioners as of May 2018. She was chosen by the vote of the members in the East European Committee, the largest group of the forum, which is representative for the Balkans. The appointment of the new event manager of the Forum stems from the success she had in coordinating the projects developed by INSOL Europe in Romania: the annual conference organized last year in Cluj and the educational project that is to take place this year in Bucharest....more »

The Bucharest office of international law firm schönherr, one of the leading players on the Romanian legal market, is expanding its leadership structure through the promotion of Eva Hegedüs-Brown as partner, as of February 1, 2017. "At the ...more »