D&B David și Baias, represented by Sorin David, Managing Partner, assisted Broadhurst investment fund in the sale of Vel Pitar to Bimbo group

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D&B David și Baias, represented by Sorin David, Managing Partner, has advised the American investment fund Broadhurst in the sale of Vel Pitar, Romania’s largest bakery producer, to the Mexican group Bimbo. Sorin David provided assistance in the negotiation and… Read moreD&B David și Baias, represented by Sorin David, Managing Partner, assisted Broadhurst investment fund in the sale of Vel Pitar to Bimbo group

RLWeek January 30 – February 5, 2023: Updates on surfing, development banks, health reform, and criminal records

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Surfing recognised as a sport. On Tuesday, the 31st of January 2023, Order no. 49/2023 on officially recognising surfing as a sport was published in the Official Journal of Romania, Part I, no. 82. [source]   Measures on development banks…. Read more<strong>RLWeek</strong> January 30 – February 5, 2023: Updates on surfing, development banks, health reform, and criminal records

Mușat & Asociații will host on 17 February 2023 the International Bar Association’s Workshop on the IBA Arb40 Toolkit for Arbitral Award Writing

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Mușat & Asociații will host the International Bar Association’s upcoming workshop “IBA Arb40 Toolkit for Arbitral Award Writing” organised with the support of the Young Romanian Arbitration Practitioners (YRAP). The event will take place on 17 February 2023, in person,… Read moreMușat & Asociații will host on 17 February 2023 the International Bar Association’s Workshop on the IBA Arb40 Toolkit for Arbitral Award Writing

Reff & Associates | Deloitte Legal obtained a landmark solution at HCCJ confirming that the interest related to a state aid returned to the national budget is subject to tax amnesty

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Reff & Associates | Deloitte Legal has obtained from the High Court of Cassation and Justice (HCCJ) the annulment of approximately RON 10 million interest rates imposed by the national authorities to a multinational company operating in the construction products… Read moreReff & Associates | Deloitte Legal obtained a landmark solution at HCCJ confirming that the interest related to a state aid returned to the national budget is subject to tax amnesty

Alpha Bank extends a long-term financing of nearly EUR 70 million to eMAG, for its first regional logistics hub outside Romania

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Alpha Bank has granted nearly EUR 70 million financing to eMAG, the largest Romanian online retailer, in support of the construction of the state-of-the art, up to 120,000 sqm capacity eMAG Logistics Center near Budapest, Hungary, representing a total investment… Read moreAlpha Bank extends a long-term financing of nearly EUR 70 million to eMAG, for its first regional logistics hub outside Romania

Cautionary optimism for 2022 Emerging Europe M&A activity as volumes increase but deal values fall

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Findings from the latest CMS Emerging Europe M&A, published today in cooperation with EMIS, show that M&A activity across Emerging Europe rose by 5.6% in volume to 1,229 deals compared to 2021. In contrast, the total deal value fell by 20% to EUR 32.93bn. Horea Popescu,… Read moreCautionary optimism for 2022 Emerging Europe M&A activity as volumes increase but deal values fall

Musat & Asociatii advised HAVI Logistics SRL on the sale of its distribution centre (buildable land and warehouse/offices), located in the Northern part of Bucharest, Straulesti area

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Musat & Asociatii advised HAVI Logistics SRL, one of the major players in the logistics services sector, on the sale of its distribution centre (buildable land and warehouse/offices), located in Bucharest, 1st District, having an area of approx. 10,000 sqm,… Read moreMusat & Asociatii advised HAVI Logistics SRL on the sale of its distribution centre (buildable land and warehouse/offices), located in the Northern part of Bucharest, Straulesti area