What We Do

CORPORATE

We have individually:

Advised one of the largest international food corporations in connection with its day-to-day general corporate matters

Advised a Greek bank with a presence in Romania in connection with the incorporation of certain companies (including a non-financial institution) and drafting standard form contracts for the transfer of under-performing and non-performing receivables and collection of bad debt

Consulted with one of the largest international tobacco companies in the world in connection with its day-to-day general corporate matters

MERGERS & ACQUISITIONS AND PRIVATISATIONS

We have individually:

Represented the largest global development institution which is focused exclusively on the private sector in developing countries and an international financial institution which is supporting economic development in certain bordering countries in the acquisition of a stake in a major IT Romanian company

Advised a European engineering group in connection with its acquisition of shares in one of the leading engineering company in Romania

Advised a German group in connection with its acquisition of shares in a group of companies having its headquarter in Austria and subsidiaries in several CEE jurisdictions

Advised an international market leader in assembly and fastening materials in connection with its acquisition of shares in a Romanian company in the same field

BANKING AND PROJECT FINANCE

One of our leading lawyers has consulted on:

Representing the largest global development institution which is focused exclusively on the private sector in developing countries and an international financial institution which is supporting the economical development in certain bordering countries in the EUR 15 million financing of a major IT Romanian company

Advising one of the largest financial groups in connection to the establishment of the program for the issuance by a subsidiary of one of the largest banking group in the Balkans of Medium-Term Notes estimated at EUR 7.5 billion

Advising one of the largest Chinese banks in the EUR 52 million financing of a Romanian company for the development of a 50 MW power plant in the Eastern part of Romania

Advising a major Greek bank in connection with the financing of the acquisition by an international bank of a local company operating a large retail park nearest Bucharest (EUR 75 million)

Advising an Austrian banking group in connection with a EUR 77.5 million loan granted to a Romanian real estate developing company

COMMERCIAL

We have individually provided legal advice on:

Drafting certain main agreements for one of the largest tobacco companies in Romania

Drafting distribution agreements for one of the most well-known international food corporations in Romania

Advising a multinational investment bank in relation to the structuring and establishment of a cross-border trade receivables purchase programme for a company with worldwide presence (EUR 100 million)

EMPLOYMENT, BENEFITS & PENSIONS

A member of our top team has:

Advised a European media company in connection with labour legislation relating to collective dismissal

Advised the Romanian subsidiary of an Indian multinational IT consulting and system integration services company in connection with the transfer of its undertaking in Romania as part of a multijurisdictional transfer

Advised a multinational tobacco company in connection with the drafting and negotiation of a collective labour bargaining agreement and various employment/dismissal issues, as well as issues related to the implementation of the shift-work programme at the company level

TAX

Our team is highly experienced in tax issues, both local and international. One of our top lawyers has:

Assisted a foreign private investment fund in entering the Romanian agriculture sector, including coordinating tax due diligence, advising on tax structuring and daily operations, structuring the necessary financing from a Romanian tax perspective in close cooperation with the relevant foreign advisors

Advised an international distributor of pharmaceutical products in redesigning its local business model (tax analysis and implementation assistance)

Advised a multinational IT company, both from a tax regulatory and compliance standpoint, in connection with the successful recovery from the state budget of the social security contributions paid in excess

Provided the foreign advisors of various multinational corporations with necessary Romanian tax law input in connection with the establishment and implementation of diverse equity-based incentive plans

Advised Romanian taxpayers in formulating and filing administrative objections against tax audit reports

REGULATORY

In the area of regulatory law, we have individually:

Advised a European engineering group in connection with regulatory issues (licenses, permits such as Environmental licenses) and expropriation issues related to the rehabilitation of certain railway in western Romania

Advised a European engineering group in connection with regulatory issues (licenses, permits such as Environmental licenses) related to the construction of an express road in Romania