Banking and finance in Romania

Clifford Chance Badea

At Clifford Chance Badea, the banking and finance team has an excellent track record in representing major banks and lenders, often in complex cross-border financings, acquisition and project finance, asset finance, banking-related M&A, and financial regulatory matters.  The practice is jointly led by the quartet of Daniel Badea, managing partner of the Bucharest office and a highly regarded expert in banking, corporate finance and project finance matters; Andreea Sisman, who excels in project and real estate finance; banking and fintech expert Cosmin Anghel; and Madalina Rachieru, who focuses on capital markets matters. The ‘very well informedMadalina Mailat is also recommended.

Praxisleiter:

Daniel Badea; Madalina Rachieru-Postolache; Cosmin Anghel; Andreea Sisman


Weitere Kernanwälte:

Madalina Mailat


Referenzen

‘The firm is clearly distinguished by its high standards of professionalism. The lawyers on this team are known for their unmatched competence, outstanding legal skills and their constant commitment to their clients. Working with the firm is a real privilege for anyone who needs legal assistance. This team of lawyers undoubtedly demonstrates excellent teamwork skills and effective coordination. Each team member contributes their experience and expertise, thereby creating a synergistic work environment that optimally serves the interests of clients. In conclusion, Clifford Chance Badea is a law firm that deserves all praise for their outstanding professionalism and exemplary way of working with clients. They consistently demonstrate that they are dedicated to the success of their clients and that they are among the best attorneys in the industry.’

‘Madalina Rachieru is an experienced lawyer with over 20 years of experience, and Madalina Mailat has proven her professionalism, availability for the client and she is very well informed. The exemplary professionalism and collaboration demonstrated by this firm is certainly worthy of praise.’

‘Professional team, covering all legal areas.’

Highlight-Mandate


  • Advising an IFI on Romania on granting municipal loans to one of the largest cities in the country to co-finance energy investments.
  • Advising Oscar Downstream on a syndicated multicurrency facility of up to €180m borrowed from Raiffeisen Bank International and Raiffeisen Bank Romania.

CMS

CMS‘ Bucharest-based banking and finance team has considerable expertise in advising on a range of transactions, financial regulatory matters and innovative finance. The group benefits from the strength of the firm’s global network when representing multinational clients in work, and practice co-heads Ana Radnev and Cristina Reichmann frequently work in co-ordination with international teams on cross-border matters. Adina Nanescu receives plaudits for her ‘discerning legal mind‘, and Alina Tihan brings more than 20 years of experience in representing lenders and borrowers. Tudor Naftica and Andreea Turcu are senior associates to note.

Praxisleiter:

Ana Radnev; Cristina Reichmann


Weitere Kernanwälte:

Alina Tihan; Adina Nanescu; Tudor Naftica; Andreea Turcu


Referenzen

‘Working with CMS is a unique experience in terms of knowledges and high professionalism. I have always appreciated their concern for the sustainable development of our business, constantly allocating time and experienced resources to identify the right solution. Any idea, however innovative, was embraced with the utmost willingness by CMS teams and supported argumentatively with multi-disciplinary teams. Also, CMS involvement in community and environmental topics is highly appreciated.’

‘Mostly we work with the financial services CMS team and we have found a major interest in supporting innovation. Their efforts to analyse, to research and look for viable solutions to implement new business ideas with maximum compliance and low risk are highly appreciated. They are a trusted partner for continuous business improvements and development and outstanding solutions.’

‘I appreciate the professionalism, promptness and kindness.’

Kernmandanten

UniCredit


European Bank for Reconstruction and Development (EBRD)


Council of Europe Bank


ING Bank


Raiffeisen Bank


BRD – Groupe Société Générale S.A.


Garanti BBVA Romania


Erste Group Bank


Libra Internet Bank


Banca Comerciala Romana


Banca Transilvania S.A.


Alpha Bank


OTP Bank


B2 Holding


Intesa San Paolo Group


Dentons

Dentons‘ Bucharest office is home to a banking and finance team that receives plaudits for its ‘unwavering commitment to excellence and client success‘. The practice is well versed in handling a range of cross-border banking and finance matters. Green and sustainable financing is a growing area of instruction, and project, acquisition and leveraged buyout finance are key areas of expertise for the team. Simona Marin heads the practice, and has been kept busy advising banks and financial institutions on cross-border transactions. The ‘very professional and organisedOana Ionascu is a key contact, and Stefi Ionescu and Sandra Constantin are names to note. UK-qualified lawyer Simon Dayes is active in international cases.

Praxisleiter:

Simona Marin


Weitere Kernanwälte:

Simon Dayes; Maria Tomescu; Oana Ionascu; Stefi Ionescu; Sandra Constantin


Referenzen

‘Dentons puts together a team of professionals with sound experience and knowledge, being same time capable of moving fast and in a pro-business manner.

‘Oana Ionascu is hard working, very professional and organised. She can efficiently coordinate large transactions, with dedication and attention to detail. She delivers with quality and speed.’

‘Simona Marin participated in negotiations and got involved in the more sensitive aspects of the transaction. Simona is a reliable adviser, watching for the client’s interest but with a pro-active and business approach.’

Kernmandanten

Erste Bank


Raiffeisen Bank


NEPI Rockcastle


Kommunalkredit


Banca Transilvania


ING Bank


BRD-Groupe Société Générale


Alpha Bank Romania / Alpha Bank S.A. (Greece)


UniCredit Bank S.A. / UniCredit S.p.A.


BIG CEE


Black Sea Trade and Development Bank (BSTDB)


European Bank for Reconstruction and Development (EBRD)


Penta Investments / Dr. Max Group


Highlight-Mandate


  • Advised a syndicate of lenders on a €450m secured credit facility to AFI Europe for refinancing its Romanian shopping centre portfolio.
  • Advised NEPI Rockcastle on a secured real estate financing of €200m made available by Erste Group Bank AG and Raiffeisen Bank SA.
  • Advised a consortium of seven international banks on a €155m financing for Serbia’s MK Group and Slovenia’s ALFI Green Energy Fund.

Filip & Company

Filip & Company is a highly regarded firm in the financial space in Romania, and is recognised for its solid track record in representing major domestic banks and investment companies. Multijurisdictional matters are a core area of strength for the team. Practice head Alina Stancu Bîrsan has extensive experience handling transactions, refinancing matters, and regulatory issues for banks. Founding partner Alexandru Bîrsan focuses on capital markets-related matters. Alexandra Manciulea stands out as ‘one of the foremost structured finance professionals on the market‘. Rebecca Marina and Camelia Iantuc are key names in the group.

Praxisleiter:

Alina Stancu Birsan


Weitere Kernanwälte:

Alexandru Birsan; Alexandra Manciulea; Camelia Ianțuc; Rebecca Marina


Referenzen

‘Substantial and consistent partner time allocation. High availability, excellent service level and timely deliverables.’

‘Alexandra Manciulea is one of the foremost structured finance professionals on the market, with exemplary reputation within the lending environment. She has impeccable technical skillset, also doubled by strong negotiation capabilities.’

‘A very well skilled professional team with a wide exposure to different transactions. Plus a lot of flexibility to customer’s needs.’

Kernmandanten

RCS&RDS S.A./ DIGI Communications N.V.


Romanian Ministry of Public Finance


One United Properties


Banca Transilvania S.A.


Banca Comerciala Romana


Raiffeisen Bank S.A.


Raiffeisen Digital Bank AG


Raiffeisen Bank International AG


Holde Agri Invest


UniCredit Bank S.A.


Oresa Limited


Magnet Developments


Alpha Bank


Credit Europe Bank S.A.


Abris Capital Partners


eMAG/ Dante International


Romanian Business Consult


Coöperatieve Rabobank U.A.


Piraeus Bank SA


Skandinaviska Enskilda Banken AB


ING Bank NV Amsterdam, Bucharest Branch


Victoriabank S.A.


Highlight-Mandate


  • Assisted Digi Group with four international financings.
  • Advised Holde Agri Invest on a club loan granted by Banca Transilvania and OTP Bank worth over €33m.

Nestor Nestor Diculescu Kingston Petersen

Nestor Nestor Diculescu Kingston Petersen handles the gamut of banking and finance matters, ranging from domestic and international syndicated loans to large-scale financing mandates. The team is adept at representing lenders and borrowers in a broad range of sectors, including agribusiness, real estate, pharmaceutical and automotive entities. The group is also sought after by prominent banks with business operations in Romania. Alina Radu is a highly regarded practitioner in the space; she co-heads the practice with senior partner Manuela Nestor. Valentin Voinescu focuses on transactional matters, project finance and structured finance. Alexandru Ciambur is a name to note.

Praxisleiter:

Manuela Nestor; Alina Radu


Weitere Kernanwälte:

Valentin Voinescu; Alexandru Ciambur; Catalina Dan


Referenzen

‘NNDKP is a strong partner to help you with any transaction, no matter how complex it could be. They deliver always on time and with a highly level of professionalism. They have a practical approach always finding the best and feasible solution for you, which works in real life, not only in theory.’

‘Alina Radu – Partner is a highly qualified lawyer and a wonderful person. She can address easily any obstacle that could appear in a transaction and she has excellent communication skills.’

‘Extensive expertise and skills in respect of the local banking and finance market. Relevant track record on complex transactions.’

Kernmandanten

Banca Comercială Română S.A.


Raiffeisen Bank S.A.


ING Bank NV Amsterdam – Sucursala Bucuresti


Unicredit Bank S.A.


OTP Bank S.A.


Banca Transilvania S.A.


Alpha Bank Romania S.A.


BRD Groupe Societe Generale S.A.


Banca Comerciala Intesa Sanpaolo Romania S.A.


Garanti Bank S.A.


First Bank S.A.


Impact Developer & Contractor SA


Globalworth Group


Aaylex One S.A.


Evofarm (Marcos Provit S.A.)


Highlight-Mandate


  • Advised a syndicate of nine local and foreign banks on a €550m refinancing and financing of certain companies of the Ameropa Group.
  • Advised Globalworth on a €110m refinancing granted by Banca Comerciala Romana and Erste Group Bank to five companies within the Globalworth group.
  • Assisted OTP Bank Romania and OTP Group with a €57.8m financing for Exigent Property Investment to fund the development of phase 5 of Exigent Plaza Residence.

RTPR | Radu Taracila Padurari Retevoescu SCA

RTPR | Radu Taracila Padurari Retevoescu SCA‘s ‘thorough knowledge of the local market‘ is a boon for its banking and finance practice, which is sought after by clients for assistance with a broad range of matters. Key areas of strength for the team include asset and structured finance, leveraged and acquisition finance, project finance, and financial restructuring. Cross-border work is another area of instruction. The practice is jointly led by Victor Pădurari and Alexandru Retevoescu; the duo have extensive experience in advising top financial institutions and banks. Cosmin Tilea stands out for his ‘superb capacity to identify the critical issues’. Counsels Poliana Gogu-Naum and Andreea Burtoiu and senior associate Andreea Nedeloiu are also recommended.

Praxisleiter:

Victor Padurari; Alexandru Retevoescu


Weitere Kernanwälte:

Cosmin Tilea; Andreea Burtoiu; Poliana Gogu-Naum; Bianca Eremia; Andreea Nedeloiu


Referenzen

‘The RTPR legal team we have been working with has shown solid knowledge on the banking and finance legal framework. Throughout the collaboration they have provided complex and relevant advice on the legal matters subject to the respective transactions.’

‘The RTPR team members advising us on various financial transactions have shown both strong knowledge on legal matters but also excellent communication skills and a transparent approach. The collaboration was constantly result-driven. Andreea Burtoiu has stood out in the legal team we have been working with in the financial/banking transactions, where she has proven complex and extensive knowledge of legal matters involved and a good approach towards finding the appropriate solutions.’

‘Extensive expertise in finance and banking, with a thorough knowledge of the local market and best practices in Romania.’

Kernmandanten

EBRD


Erste Group Bank


Raiffeisen Bank


ING Bank


UniCredit Bank AG


Banca Comerciala Romana (BCR)


PKO Bank Polski


Macquarie Infrastructure and Real Assets (MIRA)


Rompay Network SRL (Oresa Ventures)


World Class Romania S.A.


Regina Maria / Mid Europa Partners


Highlight-Mandate


  • Advised UniCredit Bank on an €750m acquisition finance matter.
  • Advised Rompay Network on a new facility agreement with Raiffeisen Bank for the development of a new logistics project in Iasi county, Romania.
  • Advised Rodbun Grup on a syndicated loan.

Tuca Zbârcea & Asociatii

Tuca Zbârcea & Asociatii fields a banking and finance team with an excellent reputation for representing local banks, the Romanian subsidiaries of international financial groups, and regional financial institutions in a range of matters. The group handles domestic and international transactions, and assists investment funds with NPL portfolio acquisitions. The practice is jointly led by the triumvirate of Stefan Damian, financing expert Mihai Dudoiu and Gabriela Anton, who brings two decades of experience in banking and finance law and is a key name for fintech matters. Managing associates Catalin Georgescu and Sergiu Negreanu are key contacts.

Praxisleiter:

Stefan Damian; Mihai Dudoiu; Gabriela Anton


Weitere Kernanwälte:

Sergiu Negreanu; Catalin Georgescu


Referenzen

‘The team is most helpful to work under very short deadlines, managing to delivery even on short notice. Once they confirm a cooperation you can rest assured they will deliver. They are pro-business focused and solutions oriented. I value greatly their legal expertise.’

‘Deliver fast and good/reliable solutions. I recommend Gabriela Anton, Mihai Dudoiu and Sergiu Negreanu.’

‘We recommend Gabriela Anton, Mihai Dudoiu and Catalin Georgescu.’

Kernmandanten

AnaCap


APS Zeta S.A.


Banca Comerciala Romana (BCR) and Erste Goup


Banca Transilvania


BRD Groupe Société Générale S.A. and Société Générale


Deutsche Bank


Expur


ING Bank


Loan Agency Services SRL


OTP Bank Romania


Partners for Growth VI, L.P.


Raiffeisen Bank


Ribbank Letonia


Serraghis Asset Management S.A.


Speedwell Group


Highlight-Mandate


  • Assisting Banca Comerciala Romana as mandated lead arranger with the €228m financing extended to MedLife Group.
  • Advising APS Holding, Deutsche Bank, Ana Cap, on the takeover by the APS of two portfolios of non-performing loans amounting to €100m.
  • Acting for Cineworld Group on a financial restructuring process.

Bondoc si Asociatii SCA

The banking and finance department at Bondoc si Asociatii SCA has a solid track record in handling transactional and regulatory matters. The team’s workload includes acquisition, corporate and aviation finance, green financing and financial regulatory issues. The ‘seasoned professional’ Simona Petrișor heads up the practice, and combines regulatory expertise with strength in advising on high-end finance transactions. Diana Ispas‘ broad practice takes in banking, finance and capital markets matters. At managing associate level, Alexandru Achim and Florin Sandu stand out.

Praxisleiter:

Simona Petrișor


Weitere Kernanwälte:

Diana Ispas; Alexandru Achim; Florin Sandu


Referenzen

‘Very deep understanding of the internal, EU and international regulations in the field. Excellent capability to adapt to the customer’s needs and to the actual situation.’

‘Simona Petrisor is a seasoned professional, who always proves excellence in the quality of the works and advices.’

‘Florin Sandu is a great professional in the field and also very responsive and attentive with deadlines.’

Kernmandanten

A&M Capital Advisors Europe LLP


Air Lease Corporation


Altor Fund


Cargus


CMU Regina Maria


Commerzbank Group


Dante International


Deutsche Bank


Garanti Bank Romania S.A.


Johnson & Johnson


JS Hamilton Poland


Oney Bank / Oney Finances S.R.L. (Auchan Group)


PPF Group


Profi Rom Food


Raiffeisen Leasing IFN S.A.


Restart Energy One


Returo Sistem Garantie Returnare S.A.


Sanofi


Stabilus SE


TBI Bank


Token Payment Services SRL


Toyota


UniCredit Bank


Highlight-Mandate


  • Assisted RetuRO Sistem Garanție Returnare with obtaining a RON426m green financing.
  • Assisted a syndicate of 14 banks with the €940m refinancing of the existing debt of Dr. Max Group.
  • Advised Stabilus SE and its subsidiaries on a €450m financing.

Kinstellar

The Bucharest office of Kinstellar has traditional strength in financial regulatory matters, and counts major international banks as key clients. Cross-border financings are also prominent in the team’s workload, with lender-to-lender financings being a key area of growth. Special counsel Magdalena Răducanu heads up the practice. Zsuzsa Csiki is the name to note for financial regulatory issues, while Răzvan Constantinescu and Mădălina Perțe are further key names.

Praxisleiter:

Magdalena Răducanu


Weitere Kernanwälte:

Zsuzsa Csiki; Răzvan Constantinescu; Mădălina Perțe; Adelina Seserman


Referenzen

‘The team is knowledgeable and very helpful. Very good quality of advice and service minded.’

‘Zsuzsa Csiki is our main contact and she will see to it that our issues are taken care of.’

‘Very responsive and eager to please team, well-structured team, good allocation of resources, very responsive, great final product.’

Kernmandanten

BRD-Groupe Societe Generale


European Investment Bank


All4Labels


BNP Paribas Bank


ING Bank


Inter Cars


JP Morgan Chase Bank


Business Lease Group


Deutsche Bank


Polon-Alfa Group


UniCredit Bank


Lloyds


Credit Suisse


Amundi


Paycom Software Inc


VIVA Payment Services


Descartes Underwriting


Wakam


Highlight-Mandate


  • Advised BRD-Groupe Societe Generale on the financing of two real estate buildings developed by Belgian property developer Speedwell.
  • Advised the European Investment Bank in Romania on a sustainable financing granted to a Romanian borrower.
  • Acted for the consortium of banks, made up of ING Bank London, ING Bank, Citigroup Europe plc Dublin – Romania Branch, UniCredit Bank, BRD – Groupe Société Générale and Raiffeisen Bank on a €500m senior facility agreement to RCS & RDS.

Musat & Asociatii

Musat & Asociatii has an established footprint in the banking and finance space in Romania, and its client roster takes in lenders, underwriters and borrowers. The practice has a solid track record in handling financial regulatory matters and acquisition and leveraged finance work, with additional expertise in fintech matters. The practice is jointly led by Monia Dobrescu, who stands out for her ‘high level of service and professional approach’, and Răzvan Stoicescu, who acts for international clients in mandates. The duo are ably supported by Cristian Cepesi.

Praxisleiter:

Monia Dobrescu; Razvan Stoicescu


Weitere Kernanwälte:

Cristian Cepesi; Robert Urmosi


Referenzen

‘Very reactive and commercially savvy. Very knowledgeable in commodity trading and commodity finance.’

‘Razvan Stoicescu and Robert Urmosi are first class.’

‘The team is technical but very commercial and able to explain complex concepts in clear, digestible terms.’

Kernmandanten

Jefferies Finance LLC, J. P. Morgan SE, Danske Bank A/S


Teconnex


Sika


Magna International Inc.


BCR Banca Pentru Locuinte


Hili Properties / Baneasa Real Estate SRL


Premier Restaurants Romania and BRD Societe Generale


Highlight-Mandate


  • Assisted the lenders with a senior facilities agreement or the potential acquisition of a number of companies by certain entities controlled by FSN Capital.
  • Advising BCR on financing regulatory issues.

Popescu & Asociatii

The banking and finance practice at Popescu & Asociatii is regularly instructed by banks and financial institutions in financings and regulatory issues pertaining to the clients’ operations in Romania. The team has a specialist focus on advising digital banks, and is also recognised for its strength in handling contentious work in the sector. The practice is jointly led by the triumvirate of Octavian Popescu, who is highly regarded for his expertise in both finance and dispute resolution; Anca Simeria, who is especially strong on transactional work; and real estate finance expert Loredana Popescu. Senior counsel Constantin Branzan and Mirela Cazacu are names to note.

Praxisleiter:

Octavian Popescu; Anca Simeria; Loredana Popescu


Weitere Kernanwälte:

Constantin Branzan; Mirela Cazacu


Referenzen

‘I think they are very good lawyers who are systematic in their approach to deals. It is very good to have them on big deals because they know how to handle these sorts of transactions. They are very professional and business-friendly lawyers. They try to find ways to make deals work and to reduce risk, while always considering the business angle. We always achieve great results, and the partners are always careful in terms of time and the quality of the service they provide. They are committed to their clients.’

‘The entire team is incredibly knowledgeable and reliable, with commercial understanding and approach being second to none.’

‘During these years working with them we found true professionals handling such a technical industry and being able to always translate this into clear and straightforward solutions for our issues. They are very responsive, really good on negotiations and we really appreciate their particular strengths, commerciality. It is an absolute pleasure working with them.’

Kernmandanten

Banca Transilvania


IDEA Bank


DVI Production


Revolut LTD


FIRST Bank


ING Bank NV Amsterdam – Bucharest Branch


Romanian Guarantee Fund for Private Entrepreneurs (FRGCIP)


Sinaia Town Hall


Generali SAFPP


BT Pensii


Romanian State – Intercommunity Development Association “Prahova Valley in Action”


Mytilineos Holding


B2KAPITAL


Mega Image


Sometra SA


Electrica Furnizare


Eastern Securities


Kukullo Mezo Camp


Teamnet International


Highlight-Mandate


  • Advising IDEA Bank on a range of matters, including the introduction of full digital banking services.

Reff & Associates SCA

Reff & Associates SCA‘s banking and finance department is particularly active in the technology sector, and the team fields expertise in transactional matters, loan portfolio deals, financings, and banking-related M&A. Practice head Andrei Burz-Pinzaru stands out as ‘one of the best strategic minds in the legal environment in Romania’. Andreea Șerban has ‘tremendous knowledge’Patricia Enache is another recommended practitioner.

Praxisleiter:

Andrei Burz-Pînzaru


Weitere Kernanwälte:

Andreea Șerban; Patricia Enache


Referenzen

‘The strategic alliance with Deloitte Romania and the European network provides solutions to the most complex multijurisdictional projects.’

‘Andrei Burz – one of the best strategic minds in the legal environment in Romania. Andreea Serban – top tier banking lawyer, very thorough and fearless negotiator.’

‘We have been working with Reff’s team for years. Main reason for this is their unrivalled capacity to deliver highly competent advisory services and support for all complex problems and projects the company is facing. They achieve this by having multiple specialized teams, which can seamlessly work together and provide the required inputs at the right moment.’

Kernmandanten

Banca Comercială Română


ING Bank, Bucharest Branch


Bank of Cyprus Public Company Limited


BLIK Romania S.A. and Polski Standard Płatności Sp. Z o.o.


Public Authority for the Digitalisation of Romania (ADR)


CEC Bank S.A.


Banca Comerciala Intesa Sanpaolo Romania S.A.


Powszechna Kasa Oszczędności Bank Polski S.A. (PKO Bank Polski)


European Digital Exchange S.A.


MetaWealth Platform S.R.L.


Despec International S.A.


LeanPay LTD


Kredyt Inkaso Investments RO S.A.


Kruk Romania S.A.


Nordensa Football S.R.L.


Highlight-Mandate


  • Advised Bank of Cyprus and its subsidiaries on the disposal of all its assets and operations in Romania.
  • Advised Blik Romania on the set-up and authorisation by the National Bank of Romania of a local payment system.

Schoenherr si Asociatii SCA

Schoenherr si Asociatii SCA has ‘an excellent banking and finance team, long established as one of the powerhouses in this area in Romania’. The group handles the full range of banking and finance work, including domestic and cross-border financing and refinancing matters, project finance, acquisition finance, real estate finance, debt restructuring and NPL transactions. Practice head Matei Florea has been kept busy handling investments in distressed bank assets and debt restructuring matters for both lenders and borrowers. Counsel Adina Damaschin assists with cross-border financing. Alexandra Pop and Francesca Buta are names to note.

Praxisleiter:

Matei Florea


Weitere Kernanwälte:

Adina Damaschin; Alexandra Pop; Francesca Buta


Referenzen

‘Strong team, hard working and adaptable.’

‘Matei Florea is one of the best banking and finance lawyers in Romania, available to find solutions and to maximize the negotiation results.’

‘Part of an international law firm, Schoenherr și Asociații SCA has an excellent banking & finance team. They are long established as one of the powerhouses in this area in Romania. They advise on debt restructuring, (local and cross-border) financing, financial services regulatory and in general all kinds of banking related legal projects.’

Kernmandanten

Banca Comerciala Romana


DDM Holding


DZ Bank


EOS Group


Enery


Pehart Tec


Highlight-Mandate


  • Advised EOS on launching, together with the International Finance Corporation, a platform for NPLs and distressed real estate in Bosnia and Herzegovina, Croatia, Romania and Serbia.
  • Advised DDM Holding on the acquisition of a NPL portfolio from Intrum, valued at over €1bn.

Wolf Theiss

Claudia Chiper heads the banking and finance practice at Wolf Theiss‘s Bucharest office. The group has a solid track record in representing international and domestic credit institutions, financial companies, and corporations in transactional matters. Chiper has particular expertise in handling matters within the payment services sector in Romania. Other key practitioners include Alexandru Asaftei, senior associate Iuliana Stoicescu and associate Catalin Sabau.

Praxisleiter:

Claudia Chiper


Weitere Kernanwälte:

Iuliana Stoicescu; Alexandru Asaftei; Catalin Sabau


Kernmandanten

ABN AMRO Bank


Accession Capital Partners


AFI Group


Banca Comerciala Romana


Cedar Invest


CVI Dom Maklerski


DenizBank


DriveWealth


Erste Group Bank


European Fund for Southeast Europe (EFSE)


European Investment Bank (EIB)


Gemcorp Capital


International Finance Corporation (IFC)


OTP Bank


Raiffeisen Bank Romania


Spaceplus SRL


Highlight-Mandate


  • Advising AFI on obtaining a €450m credit facility for refinancing its three shopping centres in Romania.
  • Advising Erste Group Bank, Banca Comercială Română, OTP Bank Nyrt, OTP Bank Romania and Raiffeisenlandesbank Niederösterreich-Wien on a €410m credit facility granted to Iulius Group.
  • Advising Erste Group Bank and Raiffeisen Bank as lenders of a 5-year term secured green loan granted to NEPI Rockcastle.

Bohalteanu şi Asociaţii

Bohalteanu şi Asociaţii is a strong choice for banking regulatory matters, and is well versed in assisting with digital lending and consumer finance issues. Real estate asset financing and loan restructurings are other key drivers of work for the group. Daniela Milculescu heads up the practice, and has extensive experience in handling high-profile finance transactions, as well as complex loan restructuring matters for international and domestic banks. She is ably supported by Andreea Roman and Andrei Cimpan.

Praxisleiter:

Daniela Milculescu


Weitere Kernanwälte:

Andreea Roman; Andrei Cimpan


Referenzen

‘The team at Bohalteanu si Asociatii is known for its innovative problem-solving. They don’t just follow conventional paths but seek out fresh and creative solutions to legal challenges. This innovative mindset has consistently delivered outstanding results for us.’

‘Partner Daniela Milculescu stands out in her field due to her exceptional qualities and professional demeanor. Daniela is an expert in banking and finance law, and her knowledge in this area is both deep and comprehensive, as she approaches her work with the utmost professionalism. Her attention to detail, commitment to deadlines, and adherence to the highest ethical standards consistently impress us. We can always rely on her to handle mandates with precision and integrity.’

‘This is a law firm comprised of young attorneys who possess excellent business acumen. They are professionals and experts in various fields relevant to a company in the financial and insurance industry, much like the one I am employed by. I highly appreciate the collaboration we share with them, their straightforward approach to tackling sensitive issues, and their keen ability to thoroughly assess all the risks associated with our new business initiatives, while also offering practical solutions.’

Bulboaca & Asociatii

At Bulboaca & Asociatii, the banking and finance team regularly advises financial institutions, funds, companies, and company shareholders on acquisition finance and NPL transactions, to name a couple of areas of expertise. Practice head Adrian-Catalin Bulboaca is the key contact.

Praxisleiter:

Adrian-Catalin Bulboaca


Referenzen

‘Personally dedicated, full service, vast knowledge of Romanian and European law, combined with practical advice from lived experience.’

‘Adrian-Catalin Bulboaca stands out. His knowledge, experience, drive and dedication to client service – unimpeachable.’

Highlight-Mandate


  • Assisting the banking syndicate of Banca Comercială Română, CEC Bank, OTP Bank, EximBank, First Bank and Intesa Sanpaolo Bank with granting an extension of credit facilities to the Carmistin Group.
  • Assisting Canpack Romania with local matters relating to a new €100m revolving credit facility.

DLA Piper Dinu SCA

DLA Piper Dinu SCA‘s team is noted for its strength in bilateral and syndicate financing, financial restructuring matters, and financial regulatory and compliance issues. Ioan Chiper heads up the practice; he is ably supported by Andreea Badea, who acts for international and domestic clients, and Georgiana Stan.

Praxisleiter:

Ioan Chiper


Weitere Kernanwälte:

Georgiana Stan; Andreea Badea


Referenzen

‘Professional staff, fast acting and customer care skills. Resolving any blockage without bothering their clients with administrative issues.’

‘I would recommend Georgiana Stan as a trustworthy lawyer and a pleasant person to work with.’

Kernmandanten

KT Engineering Co.


The Phoenix Insurance Company LTD and The Phoenix Pension and Provident Fund


Globant


Highlight-Mandate


  • Advising KT Engineering on debt recovery proceedings linked to the construction and operation of three photovoltaic park projects in Romania.

Dragne & Asociatii SCA

The banking and finance practice at Dragne & Asociatii SCA is well versed in handling contentious matters in the space. The team has seen an increase in advisory work, and has been kept busy advising on investments and loan restructurings. The client roster includes commercial and investment banks. The practice is jointly led by the quartet of Andreia Oana Dumitrescu, Daniel Cirstea, Delia Boșman and Stelian Garofil.

Praxisleiter:

Stelian Garofil; Delia Bosman; Andreia Oana Dumitrescu; Daniel Cirstea


Weitere Kernanwälte:

Raluca Gune


Referenzen

‘Cleverness, hard-work, open-mindedness, easy to collaborate with.’

‘Exquisite professionals and open to alternative approaches, collaborative, always ready to answer.’

‘In collaboration, I appreciated the proactivity of the team I worked with and the fact that they perfectly framed the business aspects that would contribute to the success of the case in the legal provisions.’

KPMG Legal - Toncescu & Partners SPRL

With a strong track record for advising on banking and finance regulatory issues in Romania, KPMG Legal - Toncescu & Partners SPRL‘s team acts for a number of international banks and financial institutions with operations or transactions in Romania. Laura Toncescu heads up the practice, and brings two decades of experience in the sector. Other key practitioners include Sebastian Olteanu, who is well versed in assisting multinational entities with financial services transactions, Cristina Rosu, Günay Duagi and Raul Dimitriu.

Praxisleiter:

Laura Toncescu


Weitere Kernanwälte:

Sebastian Olteanu; Cristina Rosu; Günay Duagi; Raul Dimitriu


Referenzen

‘In our collaboration, the team was open to extend actions in order to achieve our startup goals in regulatory licensing.’

‘Detailed advice on Romanian finance law in context of complex multi-jurisdictional financing.’

‘Very detailed answers to queries.’

Kernmandanten

Porsche Finance Group


EOS Group


Alpha Bank Romania SA


Pepco Group Limited / Pepco Group Services Limited


Banca Comerciala Romana SA (BCR)


Heyblu Ifn S.A.


Garanti Bank S.A.


Token Payment Services SRL


BRD – Groupe Societe Generale S.A.


First Bank SA


AMCC (Romanian Debt collection Association)


Highlight-Mandate


  • Assisting Alpha Bank Romania with updating legal documentation in accordance with latest changes in specific legislation.
  • Acting for Porsche Bank Romania on its intended reorganisation in Romania.
  • Advised the client on a multi-million euro cross-border transaction.

Leroy si Asociatii

Leroy si Asociatii's practice frequently acts for borrowers in a range of industries, and fields experience in handling both domestic and cross-border matters. The group is well versed in advising public bodies in Romania on financial regulatory matters. Andreea Toma heads up the practice, and regularly handles transactional work. She is ably supported by Cristian Bumbac and Adriana Spataru.

Praxisleiter:

Andreea Toma


Weitere Kernanwälte:

Cristian Bumbac; Adriana Spataru


Referenzen

‘We have collaborated with Leroy si Asociatii for a long period of time. We assess their work as high quality, professional and focused to meet requirements and deadlines.’

‘During the structuring and design of different financing transactions and negotiations the representatives of Leroy si Asociatii showed a very good understanding of the nature of transaction and proved to be business oriented, solving in a timely manner all issues raised and positively addressing the points of negotiations.’

Kernmandanten

Expert Petroleum


BNP PARIBAS


The International Capital Market Association (ICMA)


The International Securities Lending Association (ISLA)


The International Swaps and Derivatives Association (ISDA)


The European Bank for Reconstruction and Development (EBRD)


The European Federation of Energy Traders (EFET)


EMI EQUIPEMENT MAINTENANCE INDUSTRIE S.A


BNP PARIBAS PERSONAL FINANCE SA PARIS SUCURSALA BUCURESTI


Highlight-Mandate


  • Provides ongoing assistance to ISDA with updating the Romanian Netting, Collateral Provider, Collateral Taker and Clearing Members Reliance opinions it publishes on its website.

Peli Partners

Peli Partners' practice stands out for its 'deep understanding of the real estate banking sector'. The team is well versed in handling a range of transactional matters for a client roster of investment entities and companies. Carmen Peli heads up the practice and is ably supported by senior associate Delia Lepadatu.

Praxisleiter:

Carmen Peli


Weitere Kernanwälte:

Delia Lepadatu


Referenzen

‘We recommend Carmen Peli and Delia Lepadatu.’

‘Very strong team of professionals, well coordinated and good knowledge of the sector.’

‘Peli Partners’ team is one of the best known teams on the financial banking services market in Romania.’

Kernmandanten

Mitiska REIM


Anchor Group


Scallier Group


Mega Company (Salah Turkmani)


Portland Trust


Jupiter Group


Niro Investment Group


Highlight-Mandate


  • Assisting Mitiska REIM with refinancing its entire retail park portfolio in Romania for an aggregate value of €123m.
  • Advising the Anchor Group on refinancing its portfolio of office building and malls with a loan amount of €80m.
  • Provides ongoing advice to Scallier Group on several financing structures with an aggregate value exceeding €40m, involving multiple Romanian banks, for the purpose of developing retail parks across the country.

Popovici Nitu Stoica & Asociatii

The finance team at Popovici Nitu Stoica & Asociatii is adept at acting on both borrower and lender sides of financial transactions, and is well versed at acting for banks with Romanian operations. Fintech work is a specialist area of focus for the group. Bogdan Stoica is the practice head; Alexandru Ambrozie and Ioana Lazar are other key names to note.

Praxisleiter:

Bogdan Stoica


Weitere Kernanwälte:

Alexandru Ambrozie; Ioana Lazar


Referenzen

‘Always close to the client’s needs, acting somehow like an extension of the company; flexible, business oriented, always available and problem solving. Very good professionals, nice people. A pleasure to make a team with them for any project and these “attributes” and spirit are seen for the whole company (from associate to partner). Fees well calibrated for each project.’

‘We have been working for many years in complex financing arrangements with PNSA. They do credit, debt, financial instruments, capital markets, project finance, operating a large experienced team.’

‘Alexandru Ambrozie, Bogdan Stoica and Ioana Lazar are all experienced and pragmatic. With Alexandru Ambrozie we have worked constantly for a very long time.’

Kernmandanten

BRD Société Générale


Banque Banorient France


Franklin Templeton Investment Management Limited United Kingdom


Libra Internet Bank


Deutsche Leasing


The Governor and Company of the Bank of Ireland


Ameropa Group/Ameropa Grains/ Azomures/Chimpex


KBC Bank


Oresa


Highlight-Mandate


  • Advised the Ameropa Group on financings worth €550m.
  • Advised Paval Holding on two credit facilities from Raiffeisen Bank relating to the acquisition of U Center 1.

Volciuc-Ionescu

Volciuc-Ionescu fields a team with established strength in advising on prominent cross-border finance matters, often acting as Romanian legal counsel to clients. Sabin Volciuc-Ionescu is the managing partner of the firm and heads up the banking and finance practice, drawing on 20 years of experience to assist with a wide range of project finance work; energy finance matters are a key area of instruction. Senior associate Diana Tudor is a name to note.

Praxisleiter:

Sabin Volciuc-Ionescu


Weitere Kernanwälte:

Diana Tudor


Referenzen

‘Outstanding law form for banking & finance in Romania.’

‘Exceptional legal knowledge and network, quick turnarounds, and efficiency; no overcomplicating things but observing the client’s interests.’

Kernmandanten

Banca Comerciala Romana


Bank of China


Banca Transilvania


Deutsche Bank


IFC


J&T Banka


Societe Generale


Highlight-Mandate


  • Advised a syndicate of German banks on the refinancing of German group PMG.
  • Advised IFC on issuing a high-value financing in the retail sector in Romania.
  • Advised Banca Transilvania on a financing to Roca Investments for the acquisition of Dial SRL.

Zamfirescu Racoti Vasile & Partners

Elena Iacob and Ioana Racoti co-head the banking and finance practice at Zamfirescu Racoti Vasile & Partners, which is highly regarded for its strong track record in representing banks and financial institutions in Romania. Green financing matters have been prominent in the team's recent workload, and the group is also adept at handling banking regulatory issues.

Praxisleiter:

Ioana Racoti; Elena Iacob


Referenzen

‘ZRVP is a team of highly professional lawyers providing a large array of services in Romania and abroad and delivering a high value for the money invested.’

‘Ioana Racoti – a very talented, skilled, hands on partner, with a huge attention to the details of each legal matter.’

‘Elena Iacob – a young partner with special skills in the field of the banking and finance matters and also in the competition matters, highly recommended for complex transactions.’

Kernmandanten

Garanti Bank


DHB Bank


First Bank


Alum


UniCredit Bank


Hora Credit IFN


Piraeus Bank


Vimetco Extrusion


Romanian Banks Association


Access Financial Services


Alro


Highlight-Mandate


  • Advised Alro on a RON470m working capital loan from a syndicate of banks coordinated and arranged by Eximbank.
  • Advised Alum on the extension of a $3m facility.