We've shaped important Romanian legislation, have created best market practices in many fields and have worked on ground-breaking domestic and international transactions. We provide innovative legal solutions with local expertise and global quality standards.

Local expertise and global reach

We are a full-service top-tier law firm, and our team in Bucharest includes eight partners and more than 40 multidisciplinary lawyers, able to provide highest-quality advice and legal insight by combining the firm's global quality standards with in-depth expertise of the local market.     

We are the largest office of an international law firm in Romania offering full-scale of legal services and we take a one firm approach to our clients' needs with integrated multi-practice and multi-region teams working together to deliver the best possible results.. We are well known for our domestic work as we are for our complex cross-border transactions and the reach and resources of our international network.

Strategic understanding of the local market

Our senior lawyers have worked together for over 20 years and this close-knit team has seen, and has often been involved in, many changes in Romania’s legal and business landscape. We have a strategic understanding of the local market having worked together on most complex and high-profile transactions and flagship projects, in the public and private space. We have also had an active contribution to the drafting and alignment to international standards of the Romanian legislation in key areas (such as covered bonds, global depository receipts or the structuring of PPP projects). Clients rely on this range and depth of experience when they turn to us for advice on demanding, often first-of-its-kind, deals.

Full-service law firm

Our multi-disciplinary teams can provide legal services at international standards on every legal issue related to our clients' operations and investments, across all practice areas, including: M&A, corporate and commercial law, antitrust, employment advice, intellectual property, data privacy, real estate & construction, project development, public procurement, banking & finance, capital markets, restructuring & insolvency, litigation & dispute resolution, risk management, sustainability & ESG, energy transition.

Focus on Energy Transition

We are deeply committed to the energy transition and to supporting companies and investors that develop new energy sources and related infrastructure/ technology, as reflected by the work recently done by our Energy practice in Romania which includes advising in 2024 on a record number of renewable energy projects of approximately 5 GW, in various stages of development.

Client-focused and forward thinking

We always put our clients first and we approach each matter with a sector lens. We invest highly in understanding client organisations, their operating context and the opportunities and challenges they face. We use the depth of our expertise to develop commercial, effective and innovative bespoke solutions for each client.

Recent highlights

Awards and milestones

Romania Firm of the Year – Legal500 CEE Awards 2025

Romanian Firm of the Year - IFLR Europe Awards 2025 & 2024

Recent assignments

M&A highlights include advising:

• PPC Group on the acquisition from Macquarie Group-owned EVRYO's renewable energy portfolio in Romania, including 629MW RES in operation and about 145MW in pipeline assets, in a landmark deal with a total enterprise value of approximately €700 million.
• UniCredit on its merger with Alpha Bank Romania, which resulted in the creation of Romania’s third-largest banking group by assets.
• T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, in relation to its strategic partnership with Prime Batteries Energy Holding, an investment making it the second-largest shareholder of the Romanian battery producer.
• UniCredit Bank Alpha Bank Group and Alpha Bank Romania on all Romanian law aspects of the sale of 90,1% of Alpha Bank Romania to UniCredit Group including the structuring of the deal and all the required legal processes.
• Renovatio Group in the sale of a photovoltaic park with storage capacity to the Greek group GEK TERNA.
• Nofar Energy in the EUR 45.6 million sale of its stake and shareholder loans in Ratesti Solar to Econergy International.
• Green Factory, part of Green Holding, on the acquisition of Eisberg Romania, Eisberg Poland, and Eisberg Hungary from the Swiss-based Bell Food Group.
• Alpha Bank and Alpha International Holdings regarding the sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania.
• JC Flowers, a leader in financial services private equity investing, on the sale of First Bank to Intesa Sanpaolo. We had previously advised First Bank/J.C. Flowers in relation to the acquisition of two banks Bank Leumi Romania and Piraeus Bank Romania.
• Actis, the global investment fund in sustainable infrastructure, in relation to two separate transactions in Romania involving the acquisition of two renewable energy projects with an installed capacity of around 1,000 MW, and, respectively the acquisition of a 1,044 MW solar plant.
• Enel Group on the approx. €1.24 billion sale (equivalent to an enterprise value of around €1.9 billion) of its Romanian assets to Public Power Corporation (PPC).
• Nala Renewables in the acquisition of a 61 MWp photovoltaic park in Romania from Monsson Group
• Nofar Energy in the acquisition of the project company developing a 160 MW photovoltaic plant in Romania
• UK-based PIB Group Europa in the acquisition marking its debut on the Romanian insurance brokerage market
• Abris Capital Partners on the sale or Urgent Cargus, second largest courier business in Romania, to Mid Europa Partners.
• Kingspan Group on the acquisition of TeraPlast Group's steel division in Romania and Serbia
• Abris Capital Partners on their investments in: Green Group, the leading waste-management company with facilities located in the CEE/SEE and Baltic countries; technology integrator Global Technical Group; leading tissue paper manufacturer PehartTec.
• Vitruvian Partners in relation to its acquisition of a significant minority stake in BitDefender.

Finance & Project Finance highlights include advising:

• a syndicate of eight commercial banks coordinated by UniCredit in the financing agreement with Enery for the construction of the Ogrezeni project, which will be among the largest hybrid projects in Europe.
• The EIB, the EBRD and BCR on the financing for the landmark Dobrun-Sadova Solar renewable energy project in Romania developed as a collaboration between Scatec and DEFIC Globe Enerji.
• Carmistin International SRL in connection with the EUR 500 million financing arranged by BCR and ING BANK Romania, in which most banks present on the Romanian market participated.
• Nofar Energy, through its project companies Slobozia Solar Plant S.R.L., Aviv Renewable Investment S.R.L., and Corbii Mari Solar Plant S.R.L., in securing a EUR 192 million financing arranged by the European Bank for Reconstruction and Development (EBRD).
• the lenders in connection with the EUR 348 million financing of the 253.1 MW Ialomița wind farm in Romania developed by Greenvolt Power.
• Aukera Energy in securing a EUR 60 million debt facility from Kommunalkredit Austria AG to finance the construction of its first stand-alone battery energy storage system in Romania.
• Erste Group and Banca Comerciala Romana on the project financing related to a 99.2MW wind project under development acquired by Nala Renewables from OX2, guaranteed with a long-term PPA with major global tech company.
• banks on establishment of debt issuance programmes and bond issues of CEC Bank and Banca Transilvania
• Nofar Energy in the EUR 122 million loan facility signed with EBRD and Raiffeisen International for the development of 315 MW of solar power
• EBRD and OTP Bank in the EUR 93-million financing of a 102 MW Urleasca wind farm in Romania
• ING on a Finnvera-covered export credit facility agreement and an EKN-covered export credit facility agreement for Digi Communications N.V.
• the bank syndicate led by Banca Comerciala Romana in the up to USD 600 million syndicated loan facility for KMG International

Capital Markets highlights include advising:

• the consortium of investment banks in connection with the EUR 1 billion bond issue launched by Banca Transilvania on international markets.
• the consortium of investment banks in connection with the EUR 500 million AT1 bond issue launched by Banca Transilvania on international markets.
• the arrangers BT Capital Partners, Banca Comercială Română, Raiffeisen Bank and Alpha Bank Romania in Banca Transilvania's successful first sustainable bonds issue denominated in RON, which raised a record RON 1.5 billion.
• Electro-Alfa International on its initial public offering of newly issued shares following a capital increase (IPO), worth approximately RON 580 million (EUR 115 million).
• the consortium of investment banks in connection with the EUR 600 million bond issue launched by DIGI Romania and listed on the Euronext Dublin stock exchange.
• Cris-Tim Family Holding in connection with the initial public offering worth RON 454.35 million, valuing the company at RON 1.33 billion.
• Electrica in its historic and successful first green bond issue on foreign markets, which was oversubscribed more than 11 times and raised EUR 500 million.
• in relation to the IPO and listing on the Bucharest Stock Exchange of Hidroelectrica, the largest hydro-power producer in Romania (with a total value of RON 9.3 billion/ EUR 1.9 billion this is the largest IPO ever in Romania and the largest in Europe in 2023).
• NEPI Rockcastle in relation to its EUR 500 million green bonds issues launched on international markets
• Alpha Bank Romania in relation to the first covered bond programme established in Romania, for the amount of EUR 1 billion.
• on the historic listings of Romgaz and Electrica
• Premier Energy in relation to the RON 700 million listing on the Bucharest Stock Exchange
• the arrangers in the first issue of green bonds launched by Romania on foreign markets, worth EUR 2 billion
• OMV Petrom on the delisting of its GDRs from the London Stock Exchange.

Dispute Resolution

• Orange Romania in successfully obtaining the full anullment of one of the largest fines imposed in recent years by the Romanian Competition Council, amounting to EUR 13.5 million, in an investigation into an alleged abuse of a dominant position.
• Premier Energy in a dispute favorably settled at first instance in a litigation related to the interpretation of the provisions of an addendum amending the gas supply contract, thus ensuring the rejection of the claim for damages made by the plaintiff.
• a major bank in Romania in a dispute favorably settled definitively, whose object was the qualification of a personal guarantee as an autonomous, transferable guarantee through succession.
• Banque Cramer (Switzerland) in enforcement and bankruptcy proceedings against City Insurance, once Romania's largest insurance company, now involved in one of the country's largest bankruptcy cases, with claims against the bankruptcy estate exceeding EUR 1.9 billion.
• a leading international medical equipment manufacturer in one of Romania's largest-ever public tenders for the supply of ambulances for the emergency services, valued at approximately EUR 730 million.
• a real estate developer in a court case seeking to collect damages due to gross negligence of one of its contractors related to the development of a large shopping mall in Bucharest
• a real estate investor on a court claim seeking the restitution of a plot out of an expropriation corridor as per the agreed layout concerning a highway in Romania
• a large player in the aviation industry in a series of court proceedings as a result of criminal fraud/money laundering perpetrated by one of their Romanian commercial partners, which scammed their clients with a fake charter flight.
• major domestic and European companies in various sanctions-related matters as a result of EU sanctions imposed after the Russian invasion of Ukraine in relation to issues such as de-risking operations for groups with Russian subsidiaries, ensuring compliance in commodity imports to avoid breaching sanctions, and advising companies involving Romanian specialists in overseas projects to maintain compliance with sanctions rules.

Antitrust

• Affidea Group on obtaining merger clearance for the acquisition of cancer care provider MedEuropa Romania
• PPC Group on obtaining merger clearance for the acquisition of the renewable energy generation portfolio of Evryo Group.
• Ambienta, an European private equity investment fund, on obtaining merger clearance for its acquisition of Maccaferri Group, a supplier of civil engineering and geotechnical products and solutions.
• a bank in relation to the Competition Council's investigation regarding the application of the FICO score in the banking sector
• global biotechnology firm in antitrust litigation challenging a multi-million Euro fine levied by the Romanian Competition Council for an alleged concerted practice aimed at boycotting the Romanian immunoglobulin market.
• companies in CG&R sector on day-to-day competition law advice in relation to its distribution agreements and commercial practices.
• high-profile companies in antitrust investigations conducted in several sectors (banking, insurance, energy, pharmaceuticals, manufacturing, retail)
• a large number of companies in various industries on delivering competition compliance trainings to management and relevant departments and preparation of practical guides on anticompetitive practices, or on performing competition audit of their activities (including organising of mock dawn raids with interviews of the managers, review of documents).

Real Estate and Construction

• Nofar Energy, a global leader in renewable energy investments, and its Romanian subsidiaries, on a package of EPC, O&M agreements, for the purposes of Nofar’s large-scale solar projects in Romania.
• a large hospitality group on the negotiation of franchise agreements in relation to opening hotels in Bucharest, Cluj Napoca, Timisoara and other large cities.
• OMV Petrom on its share capital increase by cash and land contribution including on an extensive legal analysis and actions with the competent authorities in determining and assessing the legal regime of the land.
• Exigent Development on a €57.80 million financing agreement with OTP for the construction of phase 5 of the Exigent Plaza Residence, a 1288 apartments housing complex in Bucharest.
• a real estate investor during the entire negotiation process seeking the re-adjustment of a highway's layout to avoid unnecessary overlapping with the client's commercial shopping centre
• AEW in connection with the sale of its Romanian portfolio to the real estate investment division of Morgan Stanley and, respectively, Hungarian investment group Indotek.
• CA Immo in relation to the acquisition of Campus 6.1, a premium office building developed in Bucharest by Skanska.

Employment

• a large snacks companies on preparing internal restructurings, review of internal regulations applicable in the group companies, dealing with conflict between employees and termination of employment relationships of management employees.
• a client in dealing with complex internal conflictual situations, that culminated in  successfully defending several moral harassment claims.
• a multinational automotive company on a dealing with labour inspections and requirements from the local labour authorities, including full revision of the internal regulations and employment agreements used by the company in relation to its employees, as well as in re-designing its working schedule and dealing with collective labour negotiations related obligations.
• a private equity group in designing and implementing management incentive schemes for the companies in its portfolio.
• ·       a client on review of documentation prepared in relation to implementing whistleblowing policies, including advising on dealing with limitations in using resources at group level and designing particularities to be applied at local level.
• a client active in education services field in dealing with complex conflictual relationships at management level, including advice in dealing with disciplinary and non-performance procedures.
• a major bank in dealing with the creation of a new union, including on potential conflicts of interests between union leaders and the company management; advising on communication with union in the context of corporate transactions.
• clients on a wide range of employment matters - employment agreements and policies; termination of contracts; management and employment of executives, including in preparing and negotiating the management agreements.