ENGIE announced the acquisition of 60% of Flashnet, a Romanian Internet of Things (IoT) company. Thanks to its solutions, many cities, both large and small, already enjoy all the benefits of smart public lighting networks. With this acquisition, E...more »

Bucharest's regional office, Wolf Theiss, assisted BT Investments, a member of Transilvania Bank Group, the largest financial group in Romania, selling its 100% stake in BT Operational Leasing, a operational leasing and car rental company. Buyers are two companies of the Autonom group, the largest local mobility network in Romania. The transaction was signed on 27 April this year and was successfully completed on June 29, 2018. Financial Group Banca Transilvania sold BT Operational Leasing to Autonom Group and established a partnership with Autonom, through which the bank's clients will have access to an extended mobility package, including leasing, fleet management, roadside assistance, car rental and car rental with driver....more »

The Emergency Arbitrator Procedure was unknown in the Romanian arbitration practice until the beginning of 2018, when it was introduced in the New Procedural Rules of the Romanian Chamber of Commerce and Industry (CCIR). In the first case brought ...more »

RTPR Allen & Overy has advised Mitiska REIM, through its local vehicle, in relation to the acquisition of a property located in Brasov, where a retail store is located. The transaction was structured as an asset deal and was signed at the end of May....more »

Clifford Chance Badea, the local office of global law firm Clifford Chance, has advised BNP Paribas Leasing in the acquisition of shares in two Romanian companies from German-based group IKB that is exiting the local market.  The deal involv...more »

The German group Messer, active worldwide in the production and distribution of natural, industrial and medical gases, recently took over Romanian company Buse Gaz, which provides industrial gas delivery services. Noerr has assisted Messer with le...more »

Deloitte Romania and Reff & Associates, member of Deloitte Legal in Romania, have advised MAS Real Estate (through a subsidiary of PKM Investments S.á.r.l.) in the acquisition of Militari Shopping Center from Atrium European Real Estate in a transaction worth 95 million EUR, in line with the group’s strategy of investing across the broader European market. The acquisition has been undertaken in terms of a long-term co-investment agreement that MAS has entered into with Prime Kapital....more »

Law firm Bogaru Braun Noviello & Associates contributed to the entry of the French player ID Logistics on the Romania logistics market by offering legal assistance, our country becoming the 17thcountry in which the company is present....more »

Financial Group Banca Transilvania and Autonom Services announced the conclusion of the sale-purchase agreement for 100% of BT Operational Leasing (BTOL) shares. Following this agreement, Autonom reaches 500 employees, around 5,000 corporate clients and a fleet of over 8,000 vehicles. On the other hand, Banca Transilvania and Autonom will set up a partnership whereby the bank's clients will have access to an extensive package of mobility services, including operational leasing, fleet management, road assistance, car rental and car rental with driver....more »

RTPR Allen & Overy has advised private equity firm Enterprise Investors on the completion of the sale of Macon group, one of the largest manufacturers of construction materials in Romania to Xella Group. The transaction was closed yesterday, wh...more »