Nyerges & Partners has successfully assisted Shikun & Binui Energy Ltd. in securing a EUR 49 million loan from Raiffeisen Bank International AG for their second Romanian investment, a 101 MW photovoltaic facility located in Simleu Silvaniei, in the northwest part of the country.

PeliPartners assisted Mitiska REIM with financing its newest retail park in Pitesti by obtaining a development loan of EUR 19,000,000 granted by Erste Group Bank AG, with Banca Comercială Română S.A. acting as security agent.

PNSA has advised Orange Group, one of the world's leading telecommunications and digital service providers, on post-acquisition merger between Orange Romania (ORO) and Orange Romania Communications (OROC), in view of creating a fully converged telecommunications operator by integrating OROC into ORO.

Mușat & Asociații represented a multinational pharmaceutical company in a complex dispute with the National Health Insurance House (CNAS) regarding the clawback tax for medicines, in the context of the concurrent application of two special regulations with contradictory provisions, namely GEO No. 31/2020 and Law No. 53/2020. 

The portfolio, which refers to claims with a nominal value of 400 million euros, consists of approximately 2,000 consumer loans and secured by real estate mortgages. The European Bank for Reconstruction and Development (EBRD) financed a 30% share of the participation, the rest being financed by APS from its own funds and managed accounts.

The Wolf Theiss Bucharest office advised AIRSOL on the acquisition of a majority shareholding in MedAir Oxygen Solutions, a Romanian company active in the field of Home Medicinal Care. 

Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised PIB Group Europa, backed by global private equity firms Apax Funds and The Carlyle Group, in relation to the acquisition of Stein Bestasig Insurance Broker, which marks the debut of the UK-based company on the Romanian insurance market.

CMS has advised Public Power Corporation SA (PPC) on the strategic Cooperation Framework Agreement (CFA) for the development and construction of almost 90 solar projects of up to 2000MW in Romania, Italy, Bulgaria, and Croatia. The value of the deal is estimated at up to EUR 2 billion and is expected to be implemented over the next three years.