The Legal 500

Within Banking, finance and capital markets, Nestor Nestor Diculescu Kingston Petersen is a first tier firm,

Nestor Nestor Diculescu Kingston Petersen’s ‘highly skilled team’ provides ‘well balanced and timely advice’, and shows ‘excellent business acumen’. It advised a consortium of European banks and their Romanian subsidiaries on a €150m multipurpose facility for a pharmaceuticals group of companies; acted as local adviser to Rompetrol Rafinare and its majority shareholder, Rompetrol Group, regarding implementation of a combined redemption and conversion of a bond issue; and also advised a consortium of financial institutions on the Romanian security package for a receivables loan facility of up to €200m granted to a leading global supplier of automotive components and systems. Alina Radu, Cristina Reichmann and the ‘outstanding’ Manuela Nestor are recommended.

Within Corporate and M&A, Nestor Nestor Diculescu Kingston Petersen is a first tier firm,

Nestor Nestor Diculescu Kingston Petersen’s ‘leading’ practice advised Lafarge Ciment (Romania) on the local divestment of Lafarge gypsum plates business; Remus Munteanu on the disposal of Rom Re Ro Munteanu to Dynea International; and Motorola on Romanian aspects of a $1.2bn global divestment and transfer to Nokia Siemens Networks. Adriana Ioana Gaspar leads the corporate team, whereas Gabriela Cacerea and Ruxandra Bologa lead on M&A.

Within Dispute resolution, Nestor Nestor Diculescu Kingston Petersen is a first tier firm,

Nestor Nestor Diculescu Kingston Petersen is ‘extremely professional and responsive’, and ‘understands the need to give punctual advice and to report back to the client on a regular basis’. It represented Rompetrol in several litigations initiated against the Romanian state concerning the redemption of bonds worth $500m. It also acted for Otto Wolf in a complex $40m commercial litigation. Its recent arbitration experience includes advising developer Asmita in a €31m contract dispute with a European construction company. It also advised Bechtel in ICC arbitration. Ana Diculescu-Sova is ‘one of the best litigators in Romania’, and Emil Bivolaru and Simona Neagu are also recommended.

Within Energy and natural resources, Nestor Nestor Diculescu Kingston Petersen is a first tier firm,

Nestor Nestor Diculescu Kingston Petersen is recommended for its ‘fast response times’ and adaptability. It recently advised Gamesa Energia on certain wind farm projects, and other clients include Lafarge, GDF Suez Energy Romania, Total E&P, Global CCS Institute and Edison Trading Milano. The ‘outstanding’ Ruxandra Bologa and the ‘dedicated’ Adina Chilim-Dumitriu co-head the practice, along with Gabriela Cacerea.

Within IT, telecoms and media, Nestor Nestor Diculescu Kingston Petersen is a first tier firm,

Nestor Nestor Diculescu Kingston Petersen advised Vodafone Romania on regulatory matters regarding the provision of electronic communications services in the 900MHz and 1,800MHz frequency bands. Other clients include Level 3 Communications, The Number UK, Nokia Romania and Microsoft Romania. Adina Chilim-Dumitriu heads the team.

Within Legal market overview,

Historically, firms such as Nestor Nestor Diculescu Kingston Petersen, Musat & Asociatii and Tuca Zbarcea & Asociatii have dominated the market, but these are now being challenged by firms including Peli Filip, Popovici Nitu & Asociatii, Voicu & Filipescu SCA, and Kinstellar, as well as Eversheds Lina & Guia, which is the result of recent tie-up between Eversheds LLP and Lina & Guia SCA. Other international firms such as CMS Cameron McKenna SCA, Clifford Chance Badea, Gide Loyrette Nouel, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP and Salans are also a strong presence.

Within Public private partnership and procurement, Nestor Nestor Diculescu Kingston Petersen is a first tier firm,

Nestor Nestor Diculescu Kingston Petersen is ‘a renowned player in the market’. It advised Kapsch CarrierCom, one of the world’s largest GSM-R technology producers, on its participation in certain public procurement procedures organised by the Romanian National Railway Company for various pilot projects It also advised Bechtel on implementation and restructuring of its contract with the state regarding a significant motorway development. Adriana Ioana Gaspar and Adina Chilim-Dumitriu are highly recommended.

Within Real estate, Nestor Nestor Diculescu Kingston Petersen is a first tier firm,

Nestor Nestor Diculescu Kingston Petersen advised Globe Trade Center (GTC) on the GTC/ANA Tower development joint venture, a matter led by Ioana Niculeasa; Bluehouse Capital on its acquisition of Praktiker Center in Craiova; and Ingleby Holding, Denmark, on its acquisition of several plots of forest land totalling approximately 1,000ha. Other clients include Deutsche Bank, Cascade Group, Baneasa Development and Ford Romania. Ioana Niculeasa heads the team.