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Musat & Asociatii is advising Enel SPA on a €4bn project initiated by the Romanian Ministry of Economy and Finance to build two reactors at the Cernavoda nuclear power plant. The group also continues to advise the Ministry of Economy, Trade and Business and Hidroelectrica, the state-owned energy producer, on the development and construction of the €1.3bn Tarnita-Lapustesti hydropower plant. Mona Musat and Gelu-Titus Maravela co-head the group.

Nestor Nestor Diculescu Kingston Petersen advised a consortium including FCC Construcción and Alpine Bau on its participation in four public tenders before the Romanian National Railways Company relating to the development of railway infrastructure. Other mandates included assisting Bechtel with renegotiating its contracts with the state regarding the development of a 400km motorway between Brasov and Bors. Adriana Ioana Gaspar and Adina Chilim-Dumitriu jointly lead the practice.

Popovici Nitu & Asociatii’s team is ‘one of the most experienced and skilful’ in procurement matters. Recent mandates include representing Bulgarian company Assarel Medet in its participation in the privatisation of copper mining company Cupru Min. It also advised the Romanian National Company for Roads and Motorways on the redevelopment of a road, and continues to advise Hidroconstructia on various matters. Anca Irena Tudorie is ‘highly responsive and has great skill’.

RTPR Allen & Overy (Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP) is strong in PFI matters. It acted for key client EBRD on the €20m financing of the development of the city of Arad’s tram infrastructure. It also advised Spielo International on procurement legislation concerning the gaming industry. Victor Pădurari heads the practice.

Tuca Zbarcea & Asociatii’s team consists of ‘smart lawyers, who are extremely attentive to the details and have a reassuring, can-do attitude’. In 2012, the group acted for the Romanian Ministry of Transport and Infrastructure and the National Company of Motorways and National Roads on the €2bn concession contract for the Bucharest ring road. It also continues to advise CEZ on its various public procurement procedures and disputes relating to tenders. Şerban Pâslaru is the key partner.

Biris Goran SCPA advised Wirom Gas on its tender before the Romanian Ministry of Economics and Commerce for the 49-year concession contract for natural gas distribution in southern Romania. Other clients include VAMED AG and Tecsa Meccanismi. Paula Dicu is recommended.

CMS provides public procurement advice to the IFC, and assisted a multinational manufacturer with public procurement procedures. Managing partner Gabriel Sidere now heads the team following Todd Robinson’s elevation to senior international partner.

Clifford Chance Badea advised the IFC and the government of Moldova on the implementation of the first two PPPs in the healthcare sector in Moldova. It also assisted Van Oord with its participation, in association with Societatea de Construcţii în Transporturi Bucureşti SA, in a public procurement tender concerning coastal protection works in Romania. Daniel Badea, Nadia Badea and Perry Zizzi are the main partners.

Gide Loyrette Nouel has advised clients such as Expert Petroleum, BCR and Raiffeisen Bank on public procurement procedures in the energy sector.

Peli Filip represented Cobra Group in several public procurement bids for contracts relating to water distribution and sewage networks. Other clients include BelRom Real Estate, K&S Developments and RBS Romania. Francisc Peli heads the team.

Boutique firm Vass Lawyers specialises in public procurement law, and has ‘profound theoretical and practical expertise’. The team advised a leading oil company on its tender for a €260m utilities services contract. It also handles procurement disputes. Managing partner Iulia Vass is ‘an excellent and reliable lawyer’.

Voicu & Filipescu SCA represented an investment bank in its tender for a multi-annual investment programme for a thermal rehabilitation housing project run by a local municipality. The team also provides procurement advice to Accenture, General Electric Medical Systems and Romelectro. Daniel Costea and Marta Popa head the practice.

bpv Grigorescu Stefánicá’s team provides public procurement advice to clients such as Romprest, Porr Construct and EvoBus. It also handled a number of contentious matters relating to public tenders. Anca Albulescu is the key lawyer.

Bostina & Associates’ experience includes having acted on the National Arena Stadium and the Basarab flyover. Mihai Marian and Catalin Giscan heads the team.

Bulboaca & Asociatii is advising Imtech Industry International on the development of a co-generation power plant and agreements with the local municipality. It also advised Eurocape New Energy on procurement matters. Cosmin Stavaru is the key partner.

In 2012, Buzescu Ca’s team head Peter Buzescu advised Amromco on its contract of association with Romgaz, as well as on the assignment of 19 petroleum exploration concession agreements with the National Agency for Mineral Resources.

Adrian Roseti’s team at Drakopoulos Law Firm advised infrastructure company inAccess on a €270m PPP project relating to the supply of power to homes in Giurgiu County.

Mararu & Mararu advises clients such as Ericsson Telecommunications and SCS Computer Sciences Corporation on public tenders.

McGregor & Partners S.C.A.’s energy practice handles the construction and commissioning of infrastructure projects such as electrical substations. Neil McGregor is the main partner.

Pachiu & Associates advised a leading oil and gas company on its bid for E&P projects, and is acting on the refinancing of a large project to install an underground fibre optics telecoms network. Managing partner Laurentiu Pachiu is the key contact.

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Legal Developments in Romania

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Romania: Wind of change on the Romanian renewable energy market - part II

    In the Legal Insights edition of 18 March 2013, we presented the potential changes to the Romanian renewable energy scheme, resulting from an unofficial working draft Government Emergency Ordinance (GEO) circulated on the market. This Tuesday (2 April 2013), a draft Government Emergency Ordinance on the amendment of Law no. 220/2008 was officially published on the website of the Ministry of Economy. The public is invited to submit comment within the next 30 days, to the e-mail address dezbateri_publice@minind.ro .
  • Romania: Wind of change on the Romanian renewable energy market

    Romania seems to be one of the most attractive CEE jurisdictions for renewable energy investments, due to the generous support scheme which generated increasing enthusiasm over the past few years. Implemented in 2005, the support scheme for renewable energy (RES) consisting of tradable green certificates (GCs) combined with mandatory acquisition quotas was improved in 2008 and subsequently in 2010, but was only applicable as of mid-2011, upon state aid clearance from the European Commission (EC).
  • How can the Romanian Constitution be revised

    Although its stability over time represents the essence of the Romanian Constitution (the “Constitution”) and of any constitution, such fundamental law within the Romanian legal system should at the same time, at any moment, represent both a frame of reference for the Romanian social, political and economical life and a reflection of such. Given the accelerated changes within the society, in order for the Constitution to be brought in line with the overall social, political and economical evolution and perspectives, a procedure for its revision and also the limitations in what regards the possibility for the Constitution to be revised are established by this fundamental law itself. .
  • Romania: New financial and fiscal legislative amendments

    Government emergency ordinance no. 8/2013 for the amendment and supplementation of Law no. 571/2003 regarding the Fiscal Code and the regulation of certain financial and fiscal measures (published in the Official Gazette no. 54/23.01.2013) enters into force starting from 1 February 2013. GEO 8 introduces a number of important amendments and supplementa-tions in the fiscal legislation. We shall further present some of the amendments related to di-rect taxation, respectively to social insurance.
  • COMMITMENTS PROCEDURE IN ANTITRUST CASES BEFORE THE ROMANIAN COMPETITION COUNCIL

    1. Background The Romanian Competition Law no. 21/1996 (the " Law ") has been adopted and amended on various occasions so that it reflects the evolution of the competition law provisions in the EU. On 6 July 2010 the Law has been substantially amended, introducing among other institutions the commitments procedure for anticompetitive practices. Previously, the commitments were available only in merger cases under the form of remedies. The commitments procedure has been detailed in RCC guidelines issued in December 2010 (the " Guidelines "), which have been amended at the end of year 2012.
  • Romania: Proposed new OTC trading arrange-ments for electricity

    Friday (11 January 2013), the Romanian energy market regulator (ANRE) published on its website for public consultation a proposal for a procedure and regulation on OTC electricity trading (the "Proposal"). ANRE has invited stakeholders to submit their comments by 21 January 2013.
  • VAT challenges in 2012; there’s plenty to come

    If the Romanian taxation system were under any sign, it would surely not have been Libra this year. Hence, the unbalanced practice of abrupt or disputed changes to the tax legislation persisted in disregarding the principles set forth in art. 4 of the Romanian Fiscal Code, whereby (i) the code is to be amended solely based on a law, (ii) the amending law must be advocated for, as a rule, six months prior to its entry into force, and (iii) any amendment to the code will enter into force starting the 1st of January following the year it was adopted.
  • The new 2012 Arbitration Rules of the Court of International Commercial Arbitration Court

    Authors: Luminita Popa, Partner Musat & Asociatii, Iulian Popescu, Partner Musat & Asociatii
  • Termination of Distribution Agreements in Romania

    The absence of a contract regulating the duration and termination of a distribution relationship does not necessarily entitle a party to abruptly terminate the agreement without facing financial exposure to the other party. In particular, a reasonable notice period should be given to allow the other party to adapt its business operations.
  • Guarantees under the New Civil Code

    After the New Civil Code entered into force on October 1, 2011, significant amendments were brought to the legal framework regulating the guarantees’ field, either by effective legislative changes to the existing institutions or by introduction of new types of guarantees. The New Civil Code also changed the terminology in the field (e.g. “mortgage” designates both securities over real estate and movable assets, while “pledge” is now referring only to a security interest with dispossession).

Press Releases in Romania

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to