PeliFilip has provided legal advice to Digi Communications N.V. ("DIGI"), the majority shareholder of RCS & RDS SA, regarding the public offering of up to 21,744,108 shares at a bid price expected to be between RON 38 and RON 56 per share and the admission of the shares offered for trading on the Regulated Market at the Bucharest Stock Exchange, International Category. ...more »

NNDKP successfully represented the joint venture created by FCC CONSTRUCCION SA - ASTALDI SPA - CONTRATAS Y VENTAS, S.A. "CONVENSA” in the litigation centered on the award by Compania Națională de Căi Ferate "CFR" SA ("CFR") of the public procurement contract "Rehabilitation of the Frontieră – Curtici – Simeria Railway, part of the IVth Pan - European Corridor, for the circulation of trains with a maximum speed of 160 km/h, Section 3: Gurasada-Simeria"....more »

Following this transaction, which was completed on Wednesday 19 April, Octavian Radu acquired the  control over Postmaster SRL, a former subsidiary of the Österreichische Post AG Group, respectively on Total Post Mail Services and Total Post Services SRL, subsidiaries of Zoto Investments BV....more »

 Allen & Overy has advised the arranging banks on a financing for P&P Spearhead, a group engaged in the agricultural sector primarily in Central and Eastern Europe (CEE). The Mandated Lead Arrangers of the refinancing were Erste Group Bank AG, ING Bank N.V., Raiffeisen Bank Polska S.A., Bank BGŻ BNP Paribas S.A., Bank Zachodni WBK S.A. (a member of Santander Group) and Powszechna Kasa Oszczędności Bank Polski S.A....more »

Romanian M&A reached an eight-year high in deal volume with 45 deals, a spike of 41% year- on-year in volume, and a 60% jump in value with a combined deal value of €1.99bn shows a study released by Wolf Theiss and Merger Market.  The strong performance in 2016 came in spite of the political uncertainty generated by a parliamentary election in December, an indicator of the country’s growth potential, whichever party is in power. In fact, expansionist scal policy has played a central role in accelerating domestic demand, a key growth driver. A value-added tax cut from 24% to 20% in 2016 will be followed by a reduction to 19% in 2017, while there have been three increases in the minimum wage in 18 months....more »

SCA Zamfirescu Racoţi & Partners (ZRP), as lawyers and TPA Romania, as financial experts, both selected following a procurement procedure to ensure the representation of SAPE ( Societatea de Administrare a Participațiilor în Energie), obtained a final arbitration decision at the Paris International Chamber of Commerce (ICC), which granted in part SAPE's action against companies Enel Investment Holding BV and Enel S.p.A. (Enel), the latter being obliged to pay the sum of 401,209,541.29 Euro. ...more »

Mușat & Asociații assisted Mecaplast Group, one of the most important car components manufacturers in the world, for the purpose of expanding its business in Romania, by means of a „brownfield”-type investment.  The value of the project reaches approximately EUR 10 million and involves the inauguration of a plant in Romania, between Pitești and Mioveni, in 2017, destined to the manufacturing of car components for the new Duster. The investment in Romania involves all the industrial means necessary to develop new businesses, especially for engine parts and interior and exterior painted parts/elements....more »

Romanian private healthcare services market leader MedLife continues it's expansion with the acquisition of Anima clinics network, the company announced. The Anima network consists of six clinics, one laboratory and had a turnover of 5,2 million euro in 2016. ...more »

CPI Property Group will acquire eleven retail properties, including six major regional shopping centers, in Romania, the Czech Republic, Hungary and Poland. Dentons advised CPI Property Group on the acquisition of a portfolio of 11 retail properties from CBRE Global Investors. The completion of the transaction is expected in the first quarter of 2017, pending regulatory approvals in the Czech Republic and Hungary....more »

Biriş Goran assisted AdamAmerica Europe on the acquisition of Construdava, a 9,400 sqm office building located on Pipera-Tunari Road, in the North-East of Bucharest. The building is fully leased by Metro Systems, internal IT provider of Metro Group in Bucharest, Romania.  Biris Goran advised AdamAmerica on all aspects of the purchase from the building's owners, Commerzbank AG and Aberdeen Asset Management.  The team was spearheaded by Victor Constantinescu, Daniela Lazea, Mariana Signeanu and Radu Jianu on the acquisition documents, along with other members of Biriş Goran on due diligence....more »