Leading firms in Moldova
The 'reliable and trustworthy' Gladei & Partners works primarily for international financial institutions and banks. The firm combines 'deep practical knowledge of the local legal system with vast experience of dealing with international companies and issues'. It has particular experience in advising on large-scale bank acquisitions, cross-border financing and debt restructuring projects, as well as increasing activity in data protection issues. The 'well-respected market champion' Roger Gladei leads the firm’s corporate and commercial practice and can call on the expertise of litigation and arbitration specialist Vitalie Ciofu. The team advised Glass Container Company on borrowing €13m to finance the modernisation of a glass factory, and assisted Kaufland with real estate acquisition and development matters relating to its expansion in Moldova. Other key clients include Siemens, Zurich Insurance and The World Bank. Senior associate Aelita Orhei left for Sebo.md and senior associate Viorica Bejan is now with the National Bank of Moldova.
Specialising in business law, Turcan Cazac handles transactional matters, including large M&A deals and has particular expertise in aviation law. Managing partner Alexander Turcan focuses on banking and advice to financial institutions. Also notable in the team are legislation expert Octavian Cazac and experienced associates Iulia Furtuna and Mariana Stratan. The practice advised the European Bank for Reconstruction and Development on increasing its stake in Victoriabank. In another recent highlight, the team assisted Société Générale with drafting security instruments for its Moldovan assets.
The ‘reliable and professional’ Vernon | David ‘understands business and embraces a high standard of professionalism and integrity’. The firm works across a range of industries and practice areas, notably corporate and M&A, real estate and litigation, and also has ‘expertise in the field of sports law and sports arbitration’. Diana Neagu leads the practice and is particularly experienced in finance, M&A and labour matters. Senior associate Sergiu Bivol is also notable; he has ‘very strong knowledge of international commercial litigation’. The firm advised Ferring Pharmaceuticals on the acquisition of a local pharmaceutical producer. Other key clients include Orange, Peace Corps and Syngenta.
ACI Partners Law Office
ACI Partners Law Office is a full-service firm with a focus on business law, particularly finance and transactional matters. Managing partner Igor Odobescu has expertise in real estate transactions and corporate restructurings. Also notable are international transaction specialist Cristina Martin and Andrei Caciurenco, who focuses on tax and finance matters.
Cobzac & Partners
The ‘strong and trustworthy’ Cobzac & Partners is, according to one client, ‘one of the best firms specialised in business problems’. The practice is active in a range of fields, with a particular focus on corporate law and the financial services sector. The ‘always available and accessible’ team is led by founding partner Daniel Cobzac, who has ‘a strong personality capable of dominating any dispute’. Also recommended are associate Ana Iovu and senior associate Victoria Goncearuc, who are ‘very serious, professional and smart’. The firm represented 47th Parallel in a dispute against the Moldova Competition Council, appealing a fine relating to an alleged breach of competition law. Other clients include EximBank, Glass Container Company and Victoriabank.
Efrim Rosca & Asociatii
The ‘very strong professionals’ at Efrim Rosca & Asociatii are adept at ‘finding solutions to complex structuring issues and difficult negotiations’. Regulatory and public procurement specialist Oleg Efrim is ‘a top-level professional’. He leads the team with litigation expert Vladislav Rosca. Also notable is the ‘very smart and responsible’ Ilona Panurco, whose areas of expertise include investments, corporate law and restructuring. The firm represented Avante in several litigation cases concerning debt collection, and assisted Fly Ren Energy Company with a sale and purchase agreement for photovoltaic equipment and installation services.
PricewaterhouseCoopers Legal provides ‘specialist assistance in a wide range of issues’ and the team ‘stands out for its expertise outside legal practice’. The firm has notable strength in tax but is also active in a full range of legal services, including M&A, real estate and employment. Ionut Sas leads an experienced team that includes senior manager Tatiana Stavinschi, who specialises in tax. Also recommended are senior associates Silvia Grosu and Ludmila Ciubaciuc, who are ‘reliable and knowledgeable of the market’. The firm assisted several companies from Medist Group with establishing business in Moldova, and advised Huawei on complying with the Data Protection Authority in relation to employee data and video surveillance systems.
‘Professional and reliable’ Schoenherr Moldova has particular experience in business law, notably transactional work. M&A specialist Vladimir Iurkovski leads the practice that includes experienced associates Andrian Guzun and Anna Cuşnir. The team assisted Intesa Sanpaolo with the re-transfer of non-performing loans from its new Moldovan subsidiary to the former sole shareholder of a Moldovan bank. In another highlight, the firm advised Moldovan telecom operator Moldcell on its debt-for-equity swap. Other key clients include Henkel, OMV Petrom and John Deere.