Legal News
Țuca Zbârcea & Asociații advised ELIT on making a strategic acquisition at European level
November 25, 2022 16:52
The American company Smithfield took over a Romania-based meat processed company owned by two local entrepreneurs. The acquisition was carried out through Smithfield Europa’s Romanian subsidiary ELIT SRL. ELIT SRL – Smithfield Europa’s Roman more »
Wolf Theiss advises IT Outsourcing Company Fortech on the sale to GlobalLogic, part of Hitachi Group
November 22, 2022 05:00
Wolf Theiss acted as legal advisor to the Romanian shareholders of Fortech SRL, a leading software services provider, in relation to the sale of their entire 100% shareholding in Fortech to GlobalLogic, based in Silicon Valley, California, a member more »
Biriș Goran assisted Monsson Group in the sale of a 1,044 MW photovoltaic park
November 04, 2022 14:41
Monsson, Romania's largest developer of green energy projects, has signed an agreement with Rezolv Energy to complete Europe's largest photovoltaic park by the end of the first quarter of 2023.  Rezolv Energy acquired the majority stake in We...more »
Developing Renewables in Romania: PUZ or Pass?
October 19, 2022 12:58
One of the most frequent questions asked there days by renewables investors and developers is whether PUZ is still required for developing small renewable power projects in Romania (below 50 ha). The relevance of this question is huge as the answer i...more »
Băncilă, Diaconu and Asociatii SPRL, together with EY Romania, assisted Revolut Bank in connection with the launch of the unsecured personal loan for Romanian consumers
October 19, 2022 12:49
In an important project for the Romanian banking market, Băncilă, Diaconu si Asociatii SPRL and EY Romania assisted Revolut Bank in the process of launching its first lending product. Revolut, the super financial application that offers banking s...more »
Implications of the amendment to Romanian Companies Law No 31/1990 and the Trade Registry’s laws on establishing and operating companies
October 19, 2022 12:45
Law No 265/2022 on the Trade Registry and on the amendment and completion of other acts of law affecting the registration with the Trade Registry (“Law No. 265/2022”) was published in the Romanian Official Gazette on 26 July 2022 and will enter...more »
ZRVP wins ICC arbitration dispute for OMV Petrom
September 28, 2022 08:42
ZRVP wins ICC arbitration dispute for OMV Petrom, with the arbitral tribunal rejecting in full claims of approximately USD 18 Million. The amount claimed by the opponent was an alleged difference in price which would have been due under the co...more »
Wolf Theiss advises a syndicate of banks on granting a EUR 410 million credit facility to Iulius Group for the purposes of refinancing four malls
September 19, 2022 11:25
Wolf Theiss acted as legal advisor to a syndicate of banks, consisting of Erste Group Bank AG, Banca Comercială Română S.A., OTP Bank Nyrt, OTP Bank Romania S.A. andRaiffeisenlandesbank Niederösterreich-Wien AG, in relation to a EUR 410 million...more »
Wolf Theiss advises Raiffeisen Bank on its first issue of senior non-preferred sustainability notes
August 25, 2022 15:05
Wolf Theiss has advised Raiffeisen Bank S.A. (Romania) on its issue of RON 500,850,000 Senior Non-Preferred Eligible Sustainability Notes. This is the first sustainability RON denominated bond issue of a Romanian issuer as of 10 August 2022, with a...more »
Wolf Theiss advises a syndicate of Raiffeisen Bank and Banca Comercială Română on granting a credit facility to Romgaz S.A. in Exxon's Black Sea gas stake deal
August 14, 2022 18:27
Wolf Theiss acted as legal advisor to a syndicate of banks, consisting of Raiffeisen Bank and Banca Comercială Română, in relation to a EUR 325 million credit facility granted to S.N.G.N. Romgaz S.A. for the purpose of financing a...more »
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