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Press Releases

Stratulat Albulescu advises IT Genetics in strategic acquisition of Scale Expert

Stratulat Albulescu Attorneys at Law (“SAA”) has advised IT Genetics on the acquisition of the entire share capital of Scale Expert, a Romanian company specialized in weighing solutions and systems dedicated to the retail, logistics and distribution sectors. The transaction marks IT Genetics’ first acquisition following its listing on the AeRO market of the Bucharest Stock Exchange on 20 May 2026 and represents a strategic step in the company’s plans to further expand its technology portfolio and regional footprint. The transaction comes at a time of increasing investments in automation and operational infrastructure, further strengthening IT Genetics’ position in a market segment with growing relevance both locally and internationally. IT Genetics is a Romanian technology company specialized in digital automation and operational efficiency solutions for businesses. Over the years, the company has evolved into a regional technology group with operations in Romania, Hungary, Bulgaria, Spain and Italy, serving more than 20,000 companies across industries such as retail, logistics, industrial manufacturing, eCommerce and HoReCa. Scale Expert has over 20 years of experience on the Romanian market, providing weighing solutions and commercial automation systems for companies active in retail, logistics, distribution and other operationally intensive sectors, while serving a portfolio of more than 4,000 clients. The Stratulat Albulescu team advising on the transaction was led by Partner Cristina Man, and included, among others, Associate Cezara Mitea and Associate Karina Smulyak. For any other information on this, please feel free to contact Delia Bijnea (Head of Marketing and Communications) at [email protected].
Stratulat Albulescu Attorneys at Law - June 1 2026
Press Releases

NNDKP advised the Saica Group on the acquisition of Thimm Group

Bucharest, 25 May, 2026: Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international legal team advising the Spanish Saica Group, one of the largest European players in the development and production of recycled paper and packaging, on the acquisition of the German Thimm Group, a leading provider of sustainable corrugated packaging and display solutions. Founded in 1943, the Saica Group is operating in eleven countries and generated revenues of around EUR 3,962 billion in 2025 with more than 12,000 employees. Founded in 1949, The Thimm Group operates at eleven locations across Europe. In 2024, the group generated revenues of approximately EUR 539 million with a workforce of around 2,500 employees. The acquisition represents a key milestone in the Saica Group expansion strategy, strengthening its position in the sustainable packaging market and creating a platform for further regional growth. NNDKP advised on the Romanian law aspects of the transaction, as part of a multijurisdictional team that included law firms in Poland, Czech Republic, Romania and Austria, coordinated by the German law firm Gleiss Lutz, which acted as Lead Counsel. The NNDKP team was led by Gabriela Cacerea, Partner and Co-head of the Corporate/M&A practice, and included Mădălina Pancă, Counsel, and Mihai Fifoiu, Senior Managing Associate. With more than 35 years of experience in the market, NNDKP lawyers provide integrated and specialized assistance across all legal areas relevant for businesses. From the intricacies of complex deals to the everyday needs of a business, the firm offers tailored solutions that cater to our clients’ specific requirements. Over the past three decades, NNDKP’s Corporate/M&A team has built a strong track record of advising on landmark deals and projects. NNDKP’s deep legal expertise has been instrumental in cornerstone projects that have contributed to the development of Romania's business environment.
Nestor Nestor Diculescu Kingston Petersen - May 27 2026
Press Releases

NNDKP assisted PPC Group in the negotiation process to conclude new collective bargaining agreements

Bucharest, May 27, 2026: Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted PPC Group, one of the largest investors in the Romanian energy sector, in the collective bargaining process conducted to conclude new collective bargaining agreements for the group’s largest entities, i.e., Rețele Electrice România, PPC Energie, PPC Renewables and PPC România. The process, which spanned several months, involved complex legal preparation and support during negotiations with union representatives, having significant strategic implications given the specific nature of the energy sector and the large number of employees covered by the new collective bargaining agreements. NNDKP’s assistance covered all stages of the process and addressed sensitive issues such as salary rights, working time, benefits package, and social dialogue mechanisms, resulting in the successful conclusion of the collective negotiations. The successful finalization of the collective bargaining process, as well as the way in which it was prepared and conducted, demonstrated PPC team’s professionalism, high standards, and constructive approach in managing a highly complex process with strategic implications, which required close collaboration between the two teams. The NNDKP team included Partner Roxana Abrașu, Head of the Employment practice, and Daniel Stăncescu, Managing Associate in the same practice. With one of the largest teams of attorneys specializing exclusively in employment and labor law among law firms in Romania, NNDKP advises on all aspects of employment and labor law that clients may encounter while conducting business operations in the local market. NNDKP’s employment practice has been consistently highly ranked by the prestigious international legal guides Chambers Europe and Legal 500, ever since the first research was conducted in Romania in this area, maintaining the number one spot in the rankings for over five years.
Nestor Nestor Diculescu Kingston Petersen - May 27 2026
Press Releases

Stratulat Albulescu advises Corden BioChem on the acquisition of a biomass-based co-generation plant in Romania

Stratulat Albulescu Attorneys at Law (“SAA”) has advised Corden BioChem on the takeover and reactivation of the dormant bioethanol production facility, previously owned by Clariant Group and the subsequent acquisition of a neighboring biomass-based co-generation plant from Getec Servicii Energetice, both assets being located in Podari, Dolj County. The acquisition represents a strategic component of Corden BioChem’s broader business plan to develop a biotechnology hub in Dolj County, Romania. This transactions marks two mandates in which SAA has assisted in connection with the Podari industrial platform. The first was in 2024, when Stratulat Albulescu advised International Chemical Investors Group (ICIG), a well-known industrial group with sales exceeding EUR 3 billion and more than 6,000 employees worldwide, on the acquisition of the dormant bioethanol production site in Podari, Dolj County, from Clariant Group, one of the world’s leading specialty chemical companies. This latest transaction marks a significant step for the Romanian industrial and energy market, enabling the restart of one of the country’s largest bioethanol production facilities while ensuring energy self-sufficiency through low-carbon co-generation. By integrating bioethanol production with renewable energy generation, the Podari platform is positioned as a benchmark for sustainable industrial operations in Romania and aligns with broader European objectives on energy transition, decarbonisation and security of supply. Corden BioChem is the biotechnology subsidiary of International Chemical Investors Group (ICIG), a privately held industrial group with global operations. Headquartered in Germany, Corden BioChem is a leading contract development and manufacturing organisation (CDMO) for high-quality biotech products, with more than 70 years of experience and one of Europe’s largest fermentation and downstream processing capacities. The SAA team advising on the deal was led by Silviu Stratulat (Managing Partner), Manuela Iurașcu (Partner) and Luiza Ionescu (Special Counsel), and included Ana Kusak (Partner), Victor Iacob (Managing Associate), Alexandru Lazăr (Senior Associate), Alina Ghezuroiu (Associate) and Carlos Boșogeanu (Associate). The mandate covered integrated legal assistance across corporate, real estate, competition, M&A and energy matters. For any other information on this, please feel free to contact Delia Bîjnea (Head of Marketing and Communications) at [email protected] or Anastasia Tache (Marketing Assistant) at [email protected].
Stratulat Albulescu Attorneys at Law - May 24 2026