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Buzescu Ca advised Amromco Energy in relation to the sale of Romanian subsidiary
September 2011
And branches to First Reserve.
The sale of the Romanian subsidiary and branches to First Reserve is the largest private equity transaction this year in Romania. Amromco Energy ranks as the third natural gas producer in Romania. The Romanian subsidiary and branches hold 33 oil and gas concession contracts. First Reserve is a US based leading private investment firm in the energy and natural resource industries, making both private equity and infrastructure investments throughout the energy value chain.
For more information please visit www.buzescu.com
Search News and Articles
Legal Developments by:
Buzescu Ca
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Romania: VAT registration no longer required for electricity traders on OPCOM markets
September 2013 - Projects, Â Energy and Natural Resources. Legal Developments by Buzescu Ca. More articles by this firm.- Buzescu Ca
Legal Developments in Romania
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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New Provisions Concerning Critical Infrastructure in Romania
I.General context -
State aid scheme in Romania
1. Introduction -
Romanian joint stock companies: board decisions on share capital increase can be challenged
Pursuant to a decision of the Romanian Constitutional Court published on August 1, 2018, board decisions regarding share capital increases can now be subject to an action for annulment. -
Maravela|Asociații’s competition practice on the rise
With an increasing work load and Client portfolio on the rise, Maravela|Asociații’s competition department sustained a considerable development throughout the past five years, driven by the passion and specialization of the entire team. -
Amendments to the renewables incentives scheme aimed to save the renewable energy from collapse
Background -
LAW ON THE TERMINATION OF INTRA-EU BILATERAL INVESTMENT TREATIES
1. The adoption of the Law on the termination of intra-EU BITs -
New PPP Law in Romania to jump-start the use of public-private partnership
The highly anticipated new Romanian law on public-private partnership ( "New PPP Law" ) has been finally enacted and will enter into force on 25 December 2016. It replaces the former Law no. 178/2010 on public-private partnership, which due to significant legislative inconsistencies has failed to accommodate any public-private partnership ( "PPP" ). -
Trade Finance in Romania: Taking Security over Oil in Storage Terminals
Trade finance is generally not very developed in Romania, at least by comparison with other EU Member States and developed and emerging markets. Â In this briefing, we set out certain remarks in relation to taking security over oil products which are in storage in oil terminals in Romania, which should be considered in the context of an oil products trade finance transaction. -
The Dispute Resolution Review Sixth Edition - Romania
Disputes in Romania are settled in court in the vast majority of cases, under procedures regulated mainly by the new Civil Procedure Code (CPC). The CPC entered into force on 15 February 2013, has carried out a systemic and extensive overhaul of the Romanian dispute resolution model. With a specific focus on acceleration of trial proceedings, the new regulation has reformed both the schedule and the content of proceedings taking place in various phases of the lawsuit, while attempting to clarify many of the controversies raised by interpretable provisions in the former regulation. -
For sale: Romania - "Europe's granary"
Initiated late November 2013 and adopted by the Romanian Parliament on 17.12.2013 (to be published upon the President's confirmation), the law regarding purchase of agricultural lands by non Romanian EU Citizens is setting the ground rules expected for the past 7 years, since Romania's accession to EU.