The Romanian High Court of Cassation and Justice (HCCJ) suspended by final ruling the Central Tax Commission decision that qualifies, from a fiscal standpoint, the wind turbine tower as a building, thus taxing it as a regular building. Berechet R...more »

Advent International, one of the largest global private equity investors, announced that it has completed its acquisition of Zentiva, Sanofi’s European generics business for €1,9 billion. Law firm Ţuca Zbârcea & Asociaţii has assisted Sanofi in the Romanian law aspects of this transaction (mainly corporate and commercial, mergers and acquisitions, capital markets, etc.). The team was coordinated by Sorin Vlădescu, partner of Ţuca Zbârcea & Asociaţii (corporate and commercial law, mergers and acquisitions) and Silvana Ivan, partner of Ţuca Zbârcea & Asociaţii (capital markets)....more »

Deloitte Romania’s Corporate Finance practice has advised the shareholders of Fabryo, the leading Romanian decorative coatings manufacturer, in the successful sale of 100% of the shares to Akzo Nobel N.V..  The transaction was completed on October 1st, 2018, after receiving regulatory approvals....more »

Mid Europa Partners, the leading private equity investor in Central and Eastern Europe, announced that it has entered into an agreement to acquire 100% of shares in Urgent Cargus from Abris Capital Partners. The transaction is subject to customary ...more »

A team from Wolf Theiss Bucharest Litigation and Arbitration Department, coordinated by Ligia Cecilia Popescu, Partner, obtained a first-instance decision in a litigation worth EUR 180 million against the majority shareholder of Electroputere Craiova, Al Arrab Company Saudi Arabia, member of the Al Rajhi group....more »

Law firm bpv Grigorescu Ştefănică assisted Fair Value Com, a Romanian company with a turnover of more than 11 million lei in 2017, in the transaction through which it was taken over entirely by S&T Romania, the local subsidiary of the Austri...more »

Law firm Biriş Goran represented its client, CloudTreats Inc., in the sale of its leading food delivery platform, hipMenu.ro, toDelivery Hero, one of the largest online food-delivery groups in the world.  The Biriş Goran team was compo...more »

The law firm Popovici, Niţu, Stoica & Asociaţii assisted the buyer, namely Dedeman in taking over The Bridge project for an estimated transaction value of 200 million euros. The team of lawyers was led by Valentin Creata and Ioana Sampek, bot...more »

RTPR Allen & Overy has advised Pet Product’s shareholder, Cristian Pop, on the sale of the company to Rohatyn Group. Pet Product is the largest pet shop chain in Romania with 73 shops operating under the Animax brand. The project team involved by RTPR Allen & Overy was coordinated by Costin Tărăcilă (Managing Partner), assisted by Alina Stăvaru (Counsel) and further included Evelin Grigore (Associate), Mihnea Radu (Junior Associate) and Cezara Popescu (Junior Associate)....more »

The litigation practice of Clifford Chance Badea has secured a very important favorable decision for global client Pfizer in relation with the claim of a pharmaceutical company concerning the Romanian Ministry of Health's public acquisition procedure of 13-valent pneumococcal conjugate vaccine. ...more »