Criminal liability of corporations is a hot topic worldwide. From financial institutions to global corporations, almost daily we hear about a large corporation being investigated, signing a Deferred Prosecution Agreement or being convicted, usually for money laundering, tax evasion or… Read moreCriminal liability of corporations – Global vs Romanian approach
PNSA successfully defended a leading grains trader in a criminal investigation for tax evasion and money laundering in relation to intra-Community transactions with grains. PNSA team led by Partner Alexandru Ambrozie, also included Tax Partner Mihaela Pohaci, VAT Manager Raluca… Read moreTax evasion charges dismissed against leading grains trader
PNSA advised its long-standing client Ameropa Group, worldwide leading Swiss grain and fertilizer trader, on the €324 million multicurrency revolving financing granted by a syndicate of banks composed of Banca Comerciala Romana, Raiffeisen Bank, ING Bank N.V. Amsterdam – Bucharest Branch and… Read morePNSA advised Ameropa Group on a €324 million syndicated financing
PNSA advised the Swedish investment fund Oresa on the sale of Somaco, one of the leading precast concrete producers in Romania, to LafargeHolcim. PNSA team led by Partner Silviu Stoica along with Managing Associate Vlad Ambrozie, also included Associate Ruxandra… Read moreOresa sales Somaco to LafargeHolcim
POPOVICI NITU STOICA & ASOCIATII advised Optical Network, the leading retailer and an important distributor on the Romanian optical market, on its sale to private equity fund Innova Capital. Optical Network operates as a retailer of a large array of… Read moreOPTIblue and Klarmann to be taken over by Innova Capital
PNSA obtained positive outcome for a Romanian bank in a string of criminal investigations in Bucharest and Constanța for abuse of office, forgery and for establishing an organised criminal group in connection with the acceleration of loans, the enforcement of… Read morePositive results in a string of criminal investigations for abuse of office in the banking industry
PNSA represented the CEO of the Romanian subsidiary of a global oil & gas engineering company in a tax evasion criminal investigation, obtaining the dismissal of the charges. PNSA team led by Partner Alexandru Ambrozie and Managing Associate Alexandru Nicolae,… Read moreSuccessful defence in a tax evasion criminal investigation in the oil & gas industry
PNSA advised RI-GD Investments DAC, as lender, on the accession of two Romanian subsidiaries of an Irish agribusiness group to a EUR 30,000,000 financing. PNSA team included Alexandru Ambrozie (Partner), Codrin Luță (Managing Associate) and Teodora Cazan (Senior Associate). Related… Read morePNSA advised an Irish financial institution on a EUR 30,000,000 financing
PNSA advised its long-standing client Magnetto Wheels on the negotiation of a guarantee agreement under the framework of an €134m financing granted by IFC and Cassa Depositi e Prestiti S.p.A. Magnetto Wheels is a subsidiary of CLN S.p.A., one of… Read morePNSA advised Magnetto Wheels on a new significant financing
POPOVICI NIȚU STOICA & ASOCIATII advised Dedeman, the biggest Romanian entrepreneurial company with a turnover above €1bn, on the acquisition of The Office, a landmark project in Cluj-Napoca, in probably the largest office transaction outside Bucharest, from NEPI Rockcastle and… Read moreDedeman acquires The Office in Cluj-Napoca in probably the largest office transaction outside Bucharest
