Firms in the Spotlight Commercial, corporate and M&A

Ijdelea & Associates

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Ijdelea & Associates is an independent law firm, focusing on energy and natural resources, mergers and acquisitions, environmental law, regulatory and compliance, real estate and construction and dispute resolution.

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Commercial, corporate and M&A in Romania


The Bucharest office of CMS is home to a prominent corporate practice. The department continues to handle a steady workflow of high-profile deals spanning a range of major industries in Romania; clients note the practice's 'on the ground expertise in most of the countries in the CEE region'. Practice head Horea Popescu regularly leads on multijurisdictional transactions from Bucharest and assists local clients with outbound investments. The ‘highly experienced transactional lawyerRodica Manea has a broad practice, with particular strength in financing transactions, and Mircea Moraru focuses on corporate matters in the technology and energy sectors. Claudia Nagy and Raluca Ionescu are other key contacts.

Practice head(s):

Horea Popescu

Other key lawyers:

Rodica Manea; Mircea Moraru; Claudia Nagy; Raluca Ionescu


‘Having on the ground expertise in most of the countries in the CEE region, means that CMS can mobilize large international specialist teams for cross-border transactions. This integrated service over multiple legal specialties and markets, including beyond CEE, helped us reduce the related time and efforts. The fact that we benefited of experienced and high-class legal assistance on our project, was also confirmed by the legal awards that have been given for the assistance on our project. CMS is recognized for advice on high-profile deals and highly regarded specialists on corporate/M&A.

‘Rodica Manea, who coordinated the Romanian part of our large pan-European NPL financing and restructuring transaction, is a highly experienced transactional lawyer, with a sound understanding of the commercials of the deal, a calm mind, problem-solving skills and a very good power of persuasion. She has the capacity to process and analyze complex materials under time pressure, and make practical sense of the issues therein, to find a workable solution.’

‘Raluca Ionescu has the capacity to handle decision-making happening at different levels, and the ability to overcome decision-fatigue, and effectively address issues arising out of sophisticated transactions which would touch on many aspects of the law.’

‘We recommend Mircea Moraru.’

‘Their availability, experience, coherence and deep knowledge of transactions.’

‘Their ability to work under tight timelines and high pressure.’

Key clients

Ford Otomotiv Sanayi A.S.

BitDefender Holding BV

Alten Europe S.A.R.L.

Low Carbon Investment Management Limited

B2 Holding

Volkswind GmbH

NewCold Cooperatif UA

Enery Development GmbH

OCP Group


PPC Renewables

HelleniQ Energy


Work highlights

  • Advised Ford Otomotiv Sanayi on its €700m acquisition of Ford’s manufacturing plant Craiova in Romania.
  • Advised B2Holding on the Romanian aspects of a pan-European NPL financing and restructuring transaction.
  • Assisted PPC Renewables with the acquisition of two solar projects and a separate acquisition of one operational wind plant.

Filip & Company

Filip & Company is ‘the ideal partner for any M&A transaction in the Romanian market and beyond’. The practice has an excellent track record in acting for major investors and companies with operations in Romania, and is equally strong in assisting investment funds with major transactions. Practice head Alexandru Bîrsan is well versed in advising on landmark transactions. Other key practitioners to note include Monica Statescu, who has experience in advising on privatisations; Alina Stancu Bîrsan, who advises on M&A deals pertaining to projects; and Cristina Filip, who is singled out her expertise in the energy sector. Eliza Baias, Olga NițăRoxana Diaconu and Andreea Bănică are other names to note.

Practice head(s):

Alexandru Bîrsan

Other key lawyers:

Cristina Filip; Alina Stancu Bîrsan; Monica Stătescu; Olga Niță; Eliza Baias; Roxana Diaconu; Andreea Bănică; Simona Ungureanu; Anca Badescu


‘Monica Statescu is extremely well prepared and is able to stand her ground in difficult negotiations. Great understanding of all concepts, mechanics and their real impact on the transaction and business.’

‘Filip &Co. has exceptional M&A lawyers who are going beyond legal technicalities; they are strategic thinkers. They have a keen ability to identify opportunities and risks within a deal, offering clients valuable insights on how to maximize value and mitigate potential challenges.’

‘The Filip & Company team is the ideal partner for any M&A transaction in the Romanian market and beyond. Their practice in this area is prodigious and they have always managed to use this asset to turn a potential deal into a successful transaction. Their ability to understand the legal and commercial specifics of each transaction and to offer fair solutions in any situation has brought us the best value that money can buy in the long history of our collaboration. Deal makers, that’s what they are!’

‘We have found Filip&Co to be an experienced team of professionals with great knowledge of the energy sector. A dynamic company always ready to react and answer in a very active market that tests each day the capabilities of its actors. Committed to every request, no matter the importance, Filip & Co always acted as a partner one can count on.’

‘Filip and Company has great teams of lawyers which have always assisted us with high commitment. Cristina Filip is the one I would single out as a lawyer with good knowledge of the energy sector, highly experienced and very good discipline.’

‘They are without a doubt my go-to counsel for M&A and big-ticket corporate work. They are smart, commercial, responsive, inventive, good negotiators and good people. They always deliver and will pull us out of the toughest situations. Importantly, they are excellent across the board in their team. Also, even though they are not cheap, they are excellent value for money. I very much enjoy working with them and I think they are head and shoulders above their competition in M&A.’

‘Alexandru Birsan is, simply put, the smartest lawyer in the country. He is extremely knowledgeable, has razor-sharp brains, tough negotiator but always takes care of his clients and wants to push the deal across the line. Incredibly hands on for a partner of his seniority and reputation, very approachable and funny.’

‘Andreea Banica is smart, focused, very hard working, always willing to go the extra mile for the client and pleasant to work with. She always has a great command of both the file and the law.’

Key clients

Digi Communications N.V. and its Romanian subsidiary, RCS & RDS S.A.


Puma Foundation

Tiriac International Foundation

Banca Transilvania S.A.

One United Properties S.A.

Fondul Proprietatea S.A.

Gedeon Richter plc

Alpha Bank S.A.

Promateris S.A.

Mozaik Investment GmbH

Dante International S.A. (eMAG)

Holde Agri Invest S.A. and its founders

Adrem Group

Teilor Holding S.A. and its subsidiaries

Total Soft S.A.

CEE Equity Partners

Holcim Romania S.A.

Magnet Developments

2Performant Network S.A.

Farmavet S.A. and Pasteur Filiala Filipesti S.A.

Auchan Romania S.A.

Alsendo Holdings S.À R.L.

Strauss Romania S.R.L.

BCR Fleet Management S.R.L.


Kone Corporation

Renault Group

Medicover Group (ABC Medicover Holdings BV)

Smartree Romania SRL

Amber Studio S.A.

Pandora Jewelry S.R.L.

High Tech Engineering Center doo Beograd

Fullscreen Digital SRL

Vicentiu Zorzolan

Octavian Radu (TCE Group)

Zentiva S.A.

Aston Group

Sterling Global


Copenhagen Infrastructure Fund

BayWa r.e.

Smyk All for Kids

Aggranda Solutions

Gheorghe Peltecu and Peltecu Medical S.R.L.

Credit Europe Bank

Work highlights

  • Acting for Renault Group on the carve-out and sale of its combustion and hybrid engines, together with preliminary restructuring operations and subsequent reorganisation.
  • Assisting RCS-RDS with the establishment by its subsidiary of a joint venture in Spain with Abrdn.
  • Assisting Fondul Proprietatea with the sale of its minority shareholding in the Enel Romania Group.

Nestor Nestor Diculescu Kingston Petersen

Nestor Nestor Diculescu Kingston Petersen‘s seasoned corporate and M&A department is a top choice for clients in a range of key industries in Romania. Adriana Gaspar led the advice to Grupo Bimbo on its expansion into Romania through its $180m acquisition of Vel Pitar; she co-heads the practice with Gabriela Cacerea, who has over 20 years of experience in domestic and cross-border M&A, corporate restructurings, private equity transactions, privatisations and joint ventures; Ruxandra Bologa, who has a solid track record in representing prominent energy sector clients; and Adina Chilim-Dumitriu, who handles a broad range of corporate and M&A matters. Other names to note include Razvan Vlad, Corina Dumitru, and counsels Madalina Panca and Mirela Preda.

Practice head(s):

Adriana Gaspar; Gabriela Cacerea; Ruxandra Bologa; Adina Chilim-Dumitriu

Other key lawyers:

Mirela Preda; Razvan Vlad; Corina Dumitru; Madalina Panca; Vlad Anghel


‘I consider NNDKP to be the best law firm in Romania. They manage to cover all the legal aspects a firm needs. Their specialised departments with their excellent lawyers gave us the comfort that we work with the right law firm.’

‘Ruxandra Bologa always demonstrated a thorough understanding of the case through comprehensive research. I also appreciated that she is always a direct person and self confident.’

‘The aspect that sets this company apart is the meticulous analysis you have on everything. Even if you seem to know everything in a field you have been managing for a long time, this law firm always brings a new breadth and a new element of knowledge to the field we work in.’

‘Definitely top law firm in Romania on industry knowledge.’

‘Ruxandra Bologa – tough M&A lawyer with high technical skills; her perseverance makes a difference in transactions.’

‘Very strong expertise, thinking outside the box, swift response, proactive approach to client needs, loyalty to clients, business ethics.’

‘Ruxandra Bologa – brilliant lawyer, thinking outside the box, dedicated to client success.’

Mirela Preda – very smart, efficient & hard working lawyer.’

Key clients

BB Global Investing Holding, S.L (part of Grupo Bimbo)

OMV Petrom



Nippon Express Holdings, Inc.


Cancom SE



Smithfield Foods

Work highlights

  • Advised Grupo Bimbo on its $180m acquisition of Vel Pitar.
  • Assisted Nippon Express Holdings with acquiring the shares of multiple subsidiaries of Cargo-Partner Group Holding.
  • Advised Cancom on its acquisition of K-Businesscom-Group and all its subsidiaries.

Popovici Nitu Stoica & Asociatii

Popovici Nitu Stoica & Asociatii is highly regarded for its corporate and transactional expertise. The practice is recognised for its 'breadth of experience in M&A advisory', and the group is frequently instructed in high-profile mergers. The team has been kept especially busy assisting private equity investors with corporate matters. The 'commercially astute and pragmatic' Bogdan Stoica co-heads the practice with managing partner Florian Nițu and Silviu Stoica, an expert in M&A and counsel to several blue-chip US clients. Managing associate Vlad Ambrozie and Irina Ivanciu, who brings experience in real estate-related transactions, are singled out for their contributions.

Practice head(s):

Florian Nițu; Bogdan Stoica; Silviu Stoica

Other key lawyers:

Irina Ivanciu; Vlad Ambrozie


‘The team led by Bogdan Stoica is excellent. They are very experienced, knowledgeable in Romanian law, and take a very commercial and pragmatic approach.’

‘Bogdan Stoica is highly commercially astute and pragmatic. Not just a lawyer but a top-rate counselor and trouble-shooter. Recommend him very highly.’

‘A breadth of experience in M&A advisory, with valuable insights, clear mark-ups on transaction docs, as well as a round the clock availability which was very important in the tight timeframe we had for our transaction.’

‘Availability, confidence, expertise.’

‘Silviu Stoica is a very responsive partner who looks at all the details of the transaction.’

‘Vlad Ambrozie was super helpful in the coordination of the transaction with a deep knowledge of the client’s industry and needs.’

Key clients

Romanian Business Consult (RBC)








BICO Industries

Fondul Proprietatea/Franklin Templeton Investment Management

Extremoo Group

Brain Hospital

Klass Wagen



Work highlights

  • Advised Brain Hospital on its acquisition of the neurosurgical business of Monza Hospital.
  • Advised Romanian Business Consult (RBC) on its acquisitions of SmartPay Software (SPS) and Fullscreen Digital.
  • Assisted the owners of Provita with the sale of a 51% controlling stake to MedLife.

RTPR | Radu Taracila Padurari Retevoescu SCA

The corporate and commercial practice at RTPR | Radu Taracila Padurari Retevoescu SCA has 'one of the most experienced teams in M&A deals in Romania'; private equity acquisitions have been a key driver of work for the group. The large department is jointly led by Mihai Ristici, who brings over 20 years of experience in advising on M&A, private equity, fund formation and corporate governance, to name a few areas, and the 'highly experienced, skilled and commercial' Costin Tărăcilă. Other key practitioners include Alina Stăvaru, Roxana Ionescu, who has expertise in acting for clients in heavily regulated sectors, and managing associates Cezara Urzica and Andrei Tosa.

Practice head(s):

Costin Taracila; Mihai Ristici

Other key lawyers:

Alina Stavaru; Roxana Ionescu; Andrei Tosa; Marina Fecheta-Giurgica; Cezara Urzica


‘Deep industry expertise with a client-centric approach. They have a multidisciplinary team that is highly responsive. Also, they have good partnerships with international groups that we used in our projects.’

‘Alina Stavaru and Andrei Tosa are doing an excellent job on the projects we are collaborating on. They are highly adaptable, with an excellent quality-price ratio.’

‘The RTPR corporate practice operate on a very high professional level. They are responsive, skilled, and their advise is competent and commercial. Clients used to working with top international law firms, and top international law firms themselves, would not be disappointed with the RTPR services. RTPR operated for years as part of the A&O network and still have good connections across that network which can prove very useful on matters with an international element. ’

‘Costin Taracila – highly experienced, skilled and commercial. Costin always makes himself available and delivers at a high standard.’

‘Marina Fecheta-Giurgica and Cezara Urzica are both very experienced, skilled, commercial. They run matters confidently, deliver on tight schedules, provide sensible advice. Pleasure to work with.’

‘Represented clients’ interest very well in M&A negotiations. Very good understanding of intricacies of transaction documentation.’

‘The most experienced and pragmatic lawyers I have been working with so far. Stand out names: Alina Stavaru and Cezara Urzica.’

‘RTPR has one of the most experienced teams in M&A deals in Romania. They are well-versed in a diverse range of transactions providing high-quality services. The lawyers stand out for their client focus, they are commercially aware and incredibly responsive. The team is proactive and consistently provides timely, practical and insightful advice. I would highly recommend RTPR as one of the go-to firms for M&A work.’

Key clients

Innova Capital

Regina Maria


Abris Capital Partners

Sarmis Capital

Integral Venture Partners

AROBS Transilvania Software

Catalyst Romania

AS Piletilevi Group


Arval Service Lease Romania


Multimedia Est


Black Sea Fund




Work highlights

  • Advised Innova Capital on the acquisition of a majority stake in EMI from Morphosis Capital, Belemi and the founder of the business.
  • Advised Romanian private medical services provider Regina Maria on the acquisition of a 51% stake in the stomatology clinics chain Dr. Leahu.
  • Advised GreenGroup on the acquisitions of UAB Ecso and UAB Zalvaris.

Schoenherr si Asociatii SCA

Schoenherr si Asociatii SCA is 'a top regional law firm in CEE', and the Bucharest team garners praise as 'an excellent option for sophisticated transactions in the region'. The group has an established track record in acting for clients in highly regulated sectors, as well as advising investors in the private equity and venture capital arenas. Monica Cojocaru is well versed in handling transactional mandates, and advises on both the buy and sell sides of headline M&A deals in Romania, often within the energy, insurance, manufacturing and healthcare sectors, among others. Cojocaru co-heads the practice with corporate and M&A specialist Mădălina Neagu and Vienna-based Markus Piuk, 'a brilliant M&A lawyer'. Senior associate Mihaela Popescu is a name to note.

Practice head(s):

Markus Piuk; Mădălina Neagu; Monica Cojocaru

Other key lawyers:

Vlad Cordea; Simona Lehniuc; Mihaela Popescu


‘Schoenherr and its associates in Romania have top law specialists, with very clear specializations, they have solid knowledge of legislation and jurisprudence, they are able to provide very specific market and business analysis, they are polyglots, serious, punctual.’

‘Madalina Neagu and her team were responsive to our questions and needs. Madalina’s English skills are impeccable and her knowledge level and skill at negotiating all parts of a M&A transaction were impressive. She was not timid or unwilling to negotiate any point that her client thought was important.’

‘Schoenherr is a top regional law firm in CEE, with strong transactional teams in all their offices and on a regional (cross-border) level. Having 15 office across the region, with their teams having already worked together in cross-border M&A deals is a huge advantage. They are an excellent option for sophisticated transactions in the region and, most relevant for us, they have a lot of industry know-how in the real estate markets which puts them on most of the more relevant deals in the region.’

‘Go to Markus Piuk if you need one-stop advice in cross-border transactions in CEE. He is a brilliant M&A lawyer, hands-on, super-responsive and very easy to work with. Markus’ negotiation skills and calm nature are beneficial to any M&A deal.’

‘High quality services, immediate response, commitment and professionalism.’

‘Mădălina Neagu has a strong sense of urgency, very knowledgeable and experienced, strong negotiation capabilities.’

‘You can rely on them and they are very close to the client. Kindness, commitment, responsibility and deep knowledge.’

Key clients

Akzo Nobel

Banca Comerciala Romana

Cargo Partner

Carrier Global Corporation

Catalyst Romania Fund

CA Immo

DDM Holding





HS Timber

MET Group

Morphosis Capital Fund I

Nofar Energy

OMV Petrom


Work highlights

  • Advised CA Immo on the €377m sale of its Romanian portfolio to Paval Holding.
  • Advised Carrier Global Corporation on Romanian legal matters regarding its cross-border €12bn acquisition of Viessmann Climate Solutions.
  • Advised Cargo-Partner on the cross-border €1.2bn sale of Cargo-Partner Group to Nippon Express Holdings.

Tuca Zbârcea & Asociatii

Tuca Zbârcea & Asociatii is 'at the top of the game' in the corporate and commercial arena. The group provides 'clear, to the point, and practical' advice to clients in a broad range of industries. M&A work forms a key pillar of strength for the team, and the department works closely with the firm’s energy, real estate and tax groups to support clients on deals and corporate governance issues. The practice is led by the quintet of managing partners Florentin Tuca and Gabriel Zbarcea; the 'sharp and talented' Cătălin BăiculescuStefan Damian, who handles complex corporate reorganisations, public and private M&A, and post-privatisation issues; and Horia Ispas, who is well known for handling M&A and corporate restructuring matters in the banking sector. Razvan Gheorghiu-Testa and Sorin Vladescu have respective expertise in real estate and energy transactions. Silvana Ivan, Oana Ureche and Dragos Apostol are other recommended lawyers.

Practice head(s):

Stefan Damian; Florentin Tuca; Gabriel Zbarcea; Catalin Baiculescu; Horia Ispas

Other key lawyers:

Sorin Vladescu; Razvan Gheorghiu-Testa; Dan Borbely; Silvana Ivan; Oana Ureche; Dragos Apostol; Veronica Aman; Roxana Pana; Sergiu Cretu


‘I have worked with the firm on a number of different aspects and under various instructions. They helped us tremendously with contract drafting and signing, contract negotiations, due diligence investigations and so on. In the context of an M&A project, they proved to be extremely astute, having duly captured and understood all relevant legal and factual issues involved, demonstrating skill and expertise. The services are simply exceptional, this law firm is at the top of the game in the legal industry.’

‘Catalin Baiculescu has exceptional qualities: sharp and talented, competent and with a perfect understanding of the industry market in which we operate and a very good knowledge of the general economic context that could influence our business. I have relied on his expertise on many occasions and have not been disappointed. He is a brilliant legal mind! Also, calm, measured and reassuring. Have no hesitation in recommending Catalin.’

‘A team with common sense, initiative, client centred, well organized and very prompt. Professional and can-do attitude all along. Excellent contract writing techniques and negotiation skills. They followed up on all tasks that were given and provided continued guidance up to the finalization of our project.’

‘We recommend Stefan Damian, Razvan Testa, Dragos Apostol, Veronica Aman, Silvana Ivan and many more. The whole team is top class! Stefan Damian masters general business laws like no other, and is an effective M&A lawyer with lots of expertise and impressive knowledge of the market! Razvan Testa is accurate and efficient, he provides commercial and corporate law counselling but he is also an excellent M&A lawyer, very adept at negotiating various types of contracts. Dragos Apostol has impressive commercial and technical skills, very friendly and he always finds the time to explain and answer my questions. Veronica Aman is a very hardworking and focused young lawyer, with outstanding abilities in the corporate and commercial field, also regulatory and, of course M&A. She writes very detailed contracts and provides helpful insight into the pros and the cons. Silvana Ivan is a skilled and experienced M&A lawyer with a strong background in corporate law. She is dependable, very practical and she catches issues quickly.’

‘The whole team has a lot of transactional related expertise which was an important part in our decision making as regards working with Tuca Zbarcea & Associates. Another element was their extensive experience in corporate matters and more significantly in legal issues affecting the IT&C sector. Their advice has always been straight to the point and simply impeccable. ’

‘The main partner Catalin Baiculescu is fantastic! He explained everything very clearly, putting my mind at ease. It gives me a lot of comfort knowing that he has our best interest in mind, both financially and legally. Thanks to his negotiation skills, our transactions always went smoothly to the satisfaction of all parties involved. And if unexpected issues arise, Catalin would handle every situation with professionalism and knowledge.’

‘Tuca has been a great partner in managing our corporate and employment needs. Their advise is clear, to the point, and practical, which makes our day-to-day operation easier.’

‘Their entire team is knowledgeable and very easy to work with. We enjoy our partnership and they are willing to get creative and work with our legal team when we face complex issues.’

Key clients

Vodafone Romania

Carrefour Romania

GlobalLogic Inc

Smithfield Foods Group Ltd.

The Estée Lauder Companies (ELC)

Booking Holdings Inc.

Untold Universe

The Rohatyn Group/ Optimapharm d.o.o.


Clever Media Network Group

TESLA group




Work highlights

  • Advising GlobalLogic on signing a definitive agreement to acquire the group of companies Fortech SRL and Fortech Software Solutions SRL.
  • Advising Carrefour Romania SA, Carrefour France and Carrefour Netherlands on the acquisition of Romania Hypermarche SA.
  • Assisted Smithfield Foods Group Limited with its acquisition of Goodies Meat Production.

Bondoc si Asociatii SCA

The corporate team at Bondoc si Asociatii SCA is particularly well regarded for its transactional capabilities, and reports an uptick in instructions from clients in the energy and natural resources, retail, healthcare, and logistics sectors. The group has a strong track record in domestic matters, however it also has a solid track record acting as Romanian counsel in multi-jurisdictional deals. Practice head Lucian Bondoc is ‘very knowledgeable, prompt and business-oriented', and handles the full range of transactional and advisory matters. Other key names include Mihaela Bondoc, mining sector expert Bogdan Bunrău, Monica Iancu, who focuses on energy, technology and telecoms work, and energy and real estate expert Cosmin Stavaru. Daniela Gladunea and Horațiu Dumitru are singled out for their contributions.

Practice head(s):

Lucian Bondoc

Other key lawyers:

Mihaela Bondoc; Bogdan Bunrau; Monica Iancu; Cosmin Stavaru; Daniela Gladunea; Horatiu Dumitru; Gabriela Pop; Ionel Macovei; Matei Vilcov


‘It’s a team that’s easy to work with. From the beginning of our collaboration they easily understood our challenges and acted fast without spending unnecessary time. The engagement process was also very simple and seamless.’

‘First I have appreciated very quick reactions to our requests. In addition I have appreciated the capability to “translate” the legal language into our common business language.’

‘Our experience with them is that they are excellent. Very knowledgeable, prompt, and business-oriented.’

‘Lucian Bondoc was very involved, very knowledgeable, prompt and business-oriented. Excellent negotiator. Very hands-on, concise and clear.’

‘I have always appreciated the attention to detail and the thorough preparation of the principals at this firm. Working with Bondoc și Asociații SCA one would not be taken by surprise by the other team.’

‘We appreciated the professionalism and thoroughness in their work, the solution-oriented approach, the personalized and warm communication, and their immense patience when facing logistical challenges.’

‘We have worked with a small team coordinated by Mihaela Bondoc and Daniela Gladunea. We were impressed by the extraordinary responsiveness and availability of support of our partners along several lengthy and challenging processes. Mihaela and Daniela proved to be very dedicated professionals who always provided prompt, structured, and well-explained responses to all our inquiries. Moreover, their personalized and heartfelt support made us consider them true allies in our work – a vital quality in these turbulent times. Overall, we experienced them as a professional, enthusiastic, well-informed and client-oriented team.’

Key clients


ACROM (Antech)

Action Mapping

A&M Capital Europe


Azets Topco Limited

Bollore Logistics

Booking Holdings



CEP Renewables

CVC Capital Partners VIII

Dante International (eMag)

Engie Romania SA

Eviva Energy

Fondul Proprietatea

Franklin Templeton

Iulian Stanciu

Merck Sharp & Dohme (MSD)

MID Europa

NOD Network SRL


Okoenergie GmbH

Procter & Gamble

Profi Retail

Pronetis Romania SRL

Restart Energy

Returo Sistem Garanție Returnare S.A.


Sanofi Group

Sykes Enterprises

Tecar Family

Tembo Capital Mining GP III Ltd

Tiger of Sweden

Token Technologies


Wind Solar Invest

Wind Space


Work highlights

  • Advised BorgWarner on a group restructuring involving the divestiture of the majority of its combustion engine assets.
  • Assisting Restart Energy with several commercial and M&A matters.

Clifford Chance Badea

Clifford Chance Badea's corporate and commercial practice in Bucharest acts as a key Eastern European hub for cross-border matters, including major transactions, corporate governance and restructurings. Enel and Mondelez are a couple of international heavyweight clients for the firm, looking to the department for advice on Romanian legal aspects of large deals. Loredana Ralea and Nadia Badea co-head the practice; Ralea is well versed in assisting entities in the consumer goods, financial services and energy sectors, while founding partner Badea represents private equity, real estate, pharmaceutical and healthcare companies. Eleonora Udroiu and Lavinia Dinoci are also recommended.

Practice head(s):

Nadia Badea; Loredana Ralea

Other key lawyers:

Eleonora Udroiu; Ecaterina Burlacu; Lavinia Dinoci; Andrei Caloian; Radu Costin


‘Industry and business knowledge, people, availability, identifying practical solutions to legal questions and issues.’

‘We have worked intensely in the past years with the Clifford Chance team, relying on their expertise and skills for corporate, contracts, competition, employment. I would recommend each of them to any business in our industry and not only having the confidence that they are great professionals, and the result of the work will achieve and even exceed the expectations of their client.’

‘Clifford Change Badea represents a real elite presence on the legal services market and is recognized for the exceptional quality of the services it offers. When it comes to large and complex projects, Clifford Change Badea is a reliable partner.’

Key clients

Enel Green Power Romania

Enel SPA





JC Flowers

Work highlights

  • Assisted Enel Group with the sale of all participations in its group subsidiaries in Romania to Greek company Public Power Corporation.
  • Advised Actis on its joint venture with Low Carbon for the development of two renewable energy projects in Romania.
  • Assisted Actis and its CEE platform Rezolv Energy with the acquisition from Monsson of a Romanian company developing a solar project.


Dentons‘ Bucharest team has a significant presence on major cross-border transactions, with recognised strength in handling real estate, tech, and agribusiness sector work. Joint ventures and M&A deals involving green energy have been key drivers of work for the group. Practice head Perry Zizzi, who is managing partner of the firm's Romania office, is lauded for his 'outstanding expertise in M&A and transactions', and regularly acts for private equity clients in mandates. Real estate M&A is another area of focus for Zizzi. Cristina Daianu is active in tech-focused M&A transactions, and Cristian Popescu is well-versed in advising on agribusiness, energy and IT matters. Counsels Cristina Marcu and Doru Postelnicu are further names to note.

Practice head(s):

Perry Zizzi

Other key lawyers:

Cristina Daianu; Cristian Popescu; Doru Postelnicu; Cristina Marcu


‘Perry Zizzi is certainly one of the most accomplished lawyers in corporate law with outstanding expertise in M&A and transactions.’

‘Working with Dentons was easy and efficient, the team was very collaborative, open, trying to understand very well the issue, coming back with follow-up questions and recommendations.’

‘Cristina Daianu is efficient, open, interested in understanding the field of activity as well as possible, offering alternatives and recommendations to better suite the client’s request.’

‘Perry Zizzi, the Romanian managing partner from Dentons Romania, is the main reason we chose to work with Dentons. I had multiple calls with several other companies operating at this level, but Perry’s brilliant mind convinced us right away. Despite a crowded agenda, Perry managed to take on our project at very short notice, resulting in a very positive outcome. In my opinion, there couldn’t have been any better. So, if I were to point out the main strength of the team, it would be Perry. Other strengths include the team’s availability to assist anytime with priority and the team’s networking, which helped me get assistance in other fields, especially urgent fiscal matters related to our transaction.’

‘Perry Zizzi is absolutely brilliant – he found solutions we couldn’t even think of. A great negotiator – whenever we were almost sure there was no way to reach common ground on a crucial clause, Perry somehow convinced the other party to agree with us. Perry is the best professional we’ve ever worked with, regardless of the field. We hope we’ll get the chance to work with him again.’

‘Working opposite Dentons has invariably been an engaging and constructive experience. Their team, under Perry Zizzi’s leadership, demonstrates a deep-seated knowledge and an intuitive understanding of commercial and corporate law, as well as a pragmatic approach to mergers and acquisitions.’

‘I appreciate: Experience in various sectors, capacity to deal multi-countries/ international topics, MedTech innovative technologies, FinTech and M&A.’

‘We have worked with Cristina Daianu for a while now. She is very knowledgeable not only with the local market and regulations, but also with the international practice. Especially for investment deals, this is particularly useful.’

Key clients

Kohlberg Kravis Roberts (KKR)



ArCoWave / Conectys

KC Agro


Danubia Farming SA


Dawn Capital

Work highlights

  • Advised Dawn Capital on its $35m Series A investment into FlowX.AI.
  • Advised MGM on its acquisition of the Rekord group.

DLA Piper Dinu SCA

DLA Piper Dinu SCA handles a steady workflow of domestic M&A transactions and international deals involving Romanian elements. The department is recognised for its niche expertise in venture capital matters, representing start-ups, angel investors and venture capital funds. Marian Dinu heads up the practice. Paula Corban-Pelin specialises in M&A in the energy and financial services sectors; Oana Dutu-Buzura was promoted to partner in May 2023.

Practice head(s):

Marian Dinu

Other key lawyers:

Paula Corban-Pelin; Oana Dutu-Buzura; Cristina Bucur; Bogdan Buta; Sandra Cahu; Denisa Achim-Postea


‘Great knowledge base for corporate related matters in Romania coupled with a very responsive team.’

‘Cohesive team of very well-prepared professionals.’

Key clients

Intrum AB

Energy Assets Investment

The Phoenix Insurance Group


Yougov PLC

General Electric


Hydro Extruded Solutions AB


Engie Romania

Publicis Groupe

Intrum A.B


Wizz Air

Evolution Prest Systems S.R.L. (Evomag)

Adservio Social Inovation

Green Horse Games

R+P Ropeco A.G.

Elisa OYJ

Agrii Romania

Deepstash Srl

Polhem Infra

Early Game Partners BV

Dante International (EMAG)

Fintech OS

Roboself Technology Srl

Intelligent It Srl

Bright Spaces Srl

Asmodee Group

Bank Leumi Israel

Green Group

Abris Cee Mid-Market Fund III Lp

Hcl Technologies



London Stock Exchange Group

Work highlights

  • Advised Globant on the acquisition of Pentalog Romania SRL and Pentalog HR Romania SRL from the Pentalog Group founders.
  • Advised Publicis Groupe on the acquisition of Tremend Software Consulting from Marius Hanganu, Ioan Cocan and Bogdan Nitulescu.
  • Advised Intrum AB on exiting its Romanian operations through the sale of its NPL portfolio to DDM Group AG.


Kinstellar‘s corporate and M&A department is well versed in advising on the full spectrum of transactional matters and corporate reorganisations. Key areas of instruction include cross-border and domestic transactions, business transfers, private equity transactions, mergers and demergers, restructurings, and joint ventures. Practice head Zsuzsa Csiki is 'exceptionally responsive and practical in her advice'. Mădălina Perțe, Mihai Stan, and TMT expert Oana Grigore are other key practitioners.

Practice head(s):

Zsuzsa Csiki

Other key lawyers:

Mihai Stan; Mădălina Perțe; Oana Grigore


‘The practice is specialized for different areas and is well organized in relation to clients. The client may contact the lawyers and ask for clarifications directly, very openly. It provides practical solutions to the problems of the client.’

‘Zsuzsa Csiki is well prepared and prompt in finding appropriate solutions.’

‘Zsuzsa Csiki was extremely flexible and creative during our transaction. She was also very accommodating of constant change of direction on the deal. Mihai Stan kept the ball rolling at all times. He’s a total powerhouse.’

‘The team was very flexible and agreeable to explore alternative solutions.’

‘No compromise on quality and work deliverables at very high standards. I am very happy that I can work with such a reliable team. We have established a long term relationship with Zsuzsa Csiki and her team. We have been relying on them for years now.’

‘Zsuzsa Csiki is able to tackle any complex issues with a sophisticated ability to listen and come up with solutions. Madalina Perte has been also a great help and reliable. Zsuzsa is equipped with impressive drafting and structuring skills, ensuring very smooth matter processing for us. Reliability, availability, energy, enthusiasm, structured thinking are just a few abilities of Zsuzsa, that ensure a solid foundation of trust and further relationship growth.’

‘The Kinstellar team is incredibly responsive and practical, and always focused on helping our clients make informed business and risk decisions. They have the sophistication and expertise of larger firms, but the practical business-focused advice is a significant differentiator from their peers.’

‘Our primary point of contact has been partner Zsuzsa Csiki, and she has been exceptionally responsive and practical in her advice. Zsuzsa has always proactively engaged her colleagues who are subject matter experts where needed but remains involved to help us (and our clients) distill that advice and make effective business decisions. Also worth noting is Madalina Perte, who has been incredible in her support of our client matters.’

Key clients

Victoria’s Secret


Agroind and Promat


One Rock Capital Partners

Group Bruxelles Lambert


Black Sea Fund

Inteva Products

Inter Cars

Eleven 3EAD


Work highlights

  • Advised Victoria’s Secret on due diligence and transactional issues concerning an agreement to acquire a 100% stake in Adore Me.
  • Advised the founders of two agriculture companies, Agroind and Promat, on a restructuring transaction together with the joint venture partner, Ameropa DG Holding AG.
  • Advised the owners of Mondly on its sale to the British group Pearson.

Musat & Asociatii

The ‘prompt, dedicated and efficient‘ team at Musat & Asociatii is well regarded for handling a broad range of corporate matters, including large M&A deals, divestments, corporate governance, joint ventures and transfers of business. Gheorghe Musat is a highly respected practitioner, and Razvan Stoicescu is 'highly professional and efficient'. Iulian Popescu, IP expert Paul Buta and Monia Dobrescu, who focuses on finance transactions, are key lawyers in the practice. All named practitioners jointly head up the practice.

Practice head(s):

Gheorghe Mușat; Răzvan Stoicescu; Iulian Popescu; Paul Buta; Monia Dobrescu

Other key lawyers:

Andrei Ormenean; Sirin Omer


‘Musat is a big law firm with many lawyers specialized in various domains. We have been working with them for so many years so they know very well the company. Their lawyers are prompt, dedicated and efficient.’

‘I will mention here Razvan Stoicescu, the main partner who is very business and strategic oriented, with excellent communication skills, very prompt and efficient.’

‘Excellent level of market knowledge.’

‘We worked with Razvan Stoicescu, and he was highly professional and efficient. Working with him was amazing.’

‘I’m working closely with Razvan Stoicescu and his team since 2017 on different topics. He is a good leader – establishing the overall strategy and working together and very closely with his team for achieving the best results. Always available, we can count on his prompt support. He treat the matters with professionalism and responsibility.’

‘Razvan Stoicescu – hard working lawyer, very responsible, very good attitude in general, having a great experience on legal matters. Great way of dealing with his clients, always with a positive attitude and always oriented to find the best solutions considering the business needs.’

Key clients

Geely Holding Group and Geely Automobile Holdings Limited

Kohlberg Group

Romgaz SA

Ecolab Group


Engie Romania S.A.

Premier Capital B.V.

Amazon.Com Inc.

Hili Properties PLC

Sika AG


Work highlights

  • Advised Geely Holding Group and Geely Automobile Holdings Limited on the Romanian legal aspects of a joint venture agreement with Renault Group to launch a new powertrain technology company.
  • Advised Kohlberg & Company on its investment in in Worldwide Clinical Trials (WCT).
  • Advised SNGN Romgaz on corporate governance matters.

Reff & Associates SCA

Reff & Associates SCA is very well known for assisting major multinational companies and investors operating in Romania, often with high-value transactions. The practice is also active in complex group reorganisations, corporate governance, and joint ventures, to name a few areas. The commercial and corporate department is led by the triumvirate of managing partner Alexandru ReffGeorgiana Singurel, who is well versed in handling demergers, and Diana Fejer, who is adept at acting for clients on the buy and sell side of mandates. Iulian Maier and Fraga Varadi are names to note.

Practice head(s):

Georgiana Singurel; Alexandru Reff; Diana Fejer

Other key lawyers:

Iulian Maier; Fraga Varadi


‘Georgiana Singurel is very well up to speed. A talent in the team is Fraga Varadi, she has high performance and always very detailed.’

‘The team members each bring their own complimentary skills and knowledge set. They also have a good team hierarchy where this complimentary skills and knowledge is effectively combined into a better service to the client.’

‘While I have dealt with numerous legal firms on multi-disciplinary legal issues in the past, the combination of this team in the extremely complex commercial and statutory environment in the combination of private and state-governed activities within the volatile and dynamic Romanian environment is quite unique.’

‘Each of the individuals has excellent general legal knowledge, exceptional subject knowledge in the area of specialisation, and the ability to listen to they client, but more importantly to each other. This was evident across multiple subjects, issues, and cases we dealt with them on, with varying teams on the varying subjects.’

‘I noticed the insight and sensitivity to the legal dynamics and interpretation within the Romanian environment.’

‘The team is very experienced and connects easily with other internal specialized departments every time in order to offer a complete picture to client demands. An answer/opinion/advice will always approach all angles, not only M&A.’

‘I found my assigned lawyers very empathetic and involved. I was glad to see involvement not only cold legal advice.’

‘During the course of our relationship, the corporate M&A team represented us with highest level of integrity and professionalism, provided thoughtful insights and exceeded our expectations in every way. We truly value their expertise, devising innovative strategies, utilizing negotiation, expert determination, mediation, and other alternatives, to achieve a favorable resolution to your company’s disputes. We have been hugely impressed with their professionalism, attention to detail, ability to deliver to a brief and work in a timely manner.’

Key clients

Tinmar Energy


Hatboru Romania

APC Universal Partner

Marcos Provit

Knauf Insulation Holding GmbH




Haier Tech

Leroy Merlin Romania SRL


Work highlights

  • Advised Tinmar Energy on the establishment of a strategic joint venture with CE Oltenia.
  • Assisted APC Universal Partner with its acquisition of a business from Profelis C&V.

Wolf Theiss

Wolf Theiss' corporate and M&A offering in Romania includes assisting prominent international entities, private equity clients and software developers with a range of transactional matters. The team has been kept busy acting for private equity funds, and advising multinational clients on group restructurings. Practice head Ileana Glodeanu is 'very inspiring', and is highly regarded for her expertise in assisting TMT, energy and pharmaceutical companies with transactional matters. Managing partner of the Bucharest office Bryan Jardine is a key name in the team. Counsels Mihai Coadă and George Ghitu and senior associate Cornelia Postelnicu, who provides ‘excellent advice on issues associated with M&A matters', are also recommended. The group was bolstered by the arrival of Andreea Cărare in February 2023.

Practice head(s):

Ileana Glodeanu

Other key lawyers:

Bryan Jardine; Mihai Coadă; George Ghitu; Cornelia Postelnicu; Andreea Cărare


‘Cornelia Postelnicu was very helpful, she has a very broad knowledge across multiple sectors and she is very commercial in her approach. Definitely one of the best up-and-coming lawyers.’

‘Wolf Theiss has great industry expertise, and a client centric approach. They offer quick response and they are extremely reliable.’

‘Cornelia Postelnicu was very helpful and provided very specific advice regarding the Romanian market. She has very good legal and IT know-how and was very quick in response.’

‘The individuals at this law firm distinguish themselves through their exceptional legal expertise, client-focused approach, and dedication. Their standout qualities include strategic thinking and meticulous research skills. These attributes, coupled with a strong culture of teamwork, have been highly valued in our partnership.’

‘Ileana Glodeanu is always available, from start to finish, and not just manages but also works alongside her team (hands-on approach), which is rare for a partner of her caliber. Mihai Coada is also an excellent professional with very good understanding of the soft points of a transaction. ’

‘Cornelia Postelnicu has provided excellent advice on issues associated with M&A matters. Not only that she gives very practicable solutions, but Cornelia is very collaborative and works incredibly well with other advisors.’

‘Cornelia Postelnicu is highly motivated in reaching the objectives set out by the client. She has a pragmatic approach, communication is clear and is adamant to being a solution oriented lawyer.’

‘Ileana Glodeanu is a very inspiring and enthusiastic person and knows perfectly how to engage her team in challenging situations. The legal experience, know how and tool-set as well as her always open way to approach new projects and to find solutions is impressive. Her way of thinking and acting is different compared to other lawyers and her capability to create a strategy and directly implement it into the transaction make her a great leader for her team.’

Key clients

Apex Alliance

Arobs Transilvania Software

CGI Inc.

Dacia Plant

Emona Capital

ERGO Group


Jade Power Trust

KKR & Co. Inc.

MHC Software

Novalpina Capital

Osram Continental

Penta Investments

Revetas Capital Advisors


Sunman Toys

The Carlyle Group

Trillium Corporate

Vienna Insurance Group (VIG)

Visma AS


Work highlights

  • Assisted Fortech’s shareholders with the sale of the company.
  • Assisting Arobs Transilvania Software with its acquisition of Centrul de Soft Pro.
  • Advising Jade Power Trust on the sale of its portfolio of six renewable energy projects to Enery Power Holding.

Bancila, Diaconu si Asociatii SPRL

The 'very well prepared, highly reliable and efficient' corporate and M&A practice at Bancila, Diaconu si Asociatii SPRL is jointly led by Radu Diaconu, who advises on a broad range of work, including mergers and spin off processes, and Stefan Mantea, who made partner in July 2023. Senior managing associate Irina Corcoveanu joined the group from private practice. Senior associates Larisa Jurcă and Rares Crîșmaru are names to note.

Practice head(s):

Radu Diaconu; Ștefan Mantea

Other key lawyers:

Nicoleta Gheorghe; Irina Corcoveanu; Larisa Jurcă; Rareș Crîșmaru; Otilia Oglage


‘Bancila, Diaconu si Asociatii has one of the best team of lawyers we have worked with. They are very well prepared, highly reliable and efficient. They were always by our side, explaining us all the legal implications and protecting our interest. We are very pleased with the collaboration with them.’

‘Nicoleta Gheorghe provided us excellent services. She is very knowledgeable, prompt and always thinking at our best interests.’

‘The team formed of Stefan Mantea, Nicoleta Gheorghe and Otilia Oglage provided us excellent services, providing the best approach in a timely and efficient manner. They showed a good understanding of our needs and responded very prompt to all our requests. We had a good cooperation with them and we highly recommend them for corporate and M&A projects.’

‘Stefan Manteo is technically very good and solution-oriented. Stefan provided smart legal advice, which helped a lot in the negotiations with the other party to close the transaction (a growth equity raising deal).’

‘Radu Diaconu is a top notch lawyer and managing partner, and Stefan Mantea is a very good lawyer with great skills to manage his team and deliver the expected results. I truly value our work with them.’

‘Stefan Mantea is our main contact. Very proactive, highly responsive, top legal knowledge, bold but calm and strategic throughout the negotiation of our deal. We are always happy to benefit by his support.’

‘Otilia Oglage is an exceptional lawyer from this new generation.’

‘Very good legal knowledge. Strong sector understanding. Very well organized to provide quick responses to difficult questions.’

Key clients

Agrisol International RO SRL

The sole shareholder of Aromatique Food SRL

Vastint Romania SRL

Daas Impex SRL

Honeywell Group

Lenovo Group

Atlas Warehousing SRL

Ebm-Papst Automotive & Drives Romania SRL

The shareholders of Cytogenomic Medical Laboratory SRL

Clarfon SA

Eco Euro Doors SRL

Work highlights

  • Advised the shareholders of Clarfon on the sale of the majority shares to V4C Acquisition 1, a Polish investment fund.
  • Advised the shareholders of Cytogenomic Medical Laboratory on the sale of an 85% majority stake to Future Life.
  • Advised Aromatique’s sole shareholder on the sale of a majority stake to Turpaz Industries.

Biris Goran SPARL

Under the leadership of transactional expert Teodora Moțatu, the corporate and M&A department at Biris Goran SPARL has seen an uptick in seller-side mandates, and continues to advise on shareholder disputes. Energy, agribusiness and food are among the firm's key sectors of strength .Daniela Lazea is well versed in advising on real estate transactions, and Ruxandra Jianu is particularly strong in tax matters. Senior associate Kira Bujduveanu provides standout support, with experience in advising on joint ventures and corporate governance matters.

Practice head(s):

Teodora Moțatu

Other key lawyers:

Daniela Lazea; Ruxandra Jianu; Kira Bujduveanu; Bogdan Nițulescu; Iulia Matei


‘Teodora Motatu is brilliant.’

‘They have a winning spirit and are constantly looking for solutions to a problem.’

‘They treat you as a customer. The customer has priority. They make time for you and listen to your problems.’

‘Good collaboration amongst the team members.’

‘Teodora Motatu – good negotiation skills and capability to handle complex corporate matters.’

‘The transaction we worked on had extremely short deadlines for the complexity and size of the transaction. Biris Goran provided a very dedicated team which did an outstanding job in being available and delivering comprehensive legal advice and documents on short notice. Biris Goran also ensured that the Romanian leg of the transaction is closed smoothly with the Romanian counterparts.’

‘Teodora Motatu and Kira Bujduveanu were both very dedicated to the transaction, assisting us with heart and hand. The success of the transaction truly mattered to them.’

Key clients

Monsson Group

Renergy Power Plants

Norwegian Refugee Council|Danish Refugee Council

Inditex Group

Global Vision

Boanta, Gidei & Asociatii SCP (in association with CEE Attorneys)

The corporate and M&A department at Boanta, Gidei & Asociatii SCP (in association with CEE Attorneys) is well-placed to advise on cross-border deals with Romanian legal elements. Nicolae Ursu is 'very responsive, punctual, and knowledgeable in all aspects of corporate law'; he co-heads the practice with the 'clever negotiator' Sergiu Gidei. Managing associate Mădălina Ivan stands out for her 'dedication and effort'.

Practice head(s):

Nicolae Ursu; Sergiu Gidei

Other key lawyers:

Mădălina Ivan


‘The practice is small and flexible compared to other firms and can efficiently respond to both daily legal work as well as larger, transaction-related work.’

‘We worked with Sergiu Gidei. What I liked about Sergiu was that he handled both the legal meaning of clauses, but also understood the business implications for me. I see him as a very clever negotiator, knowing when to take a step back for a bigger gain later.’

‘The legal team has consistently demonstrated trustworthiness and adaptability. They collaborate closely with us to identify our specific legal needs and address them promptly. What sets them apart from other firms is their hands-on approach and commitment to our challenges.’

Key clients

Timesafe (Pago)

Dataware Consulting

Unit Vision & Sales Partner Automotive

Expert Cleaning

Vertical Seven Group

Holde Agri Invest Group

SevenX Group

Sparking Capital Venture Fund (AIF)

Fagura Finance

Pluria International

Romania Hypermarche SA (Cora Romania)

EMSA Capital (Aplast Wood Industry)

CCHBC (Coca Cola Romania)

Yusen Logistics Group

TD Synnex Bucharest

Centru Educațional Si Lingvistic (Berlitz)

Atrea Ventilation

Pay By UXO

Affinity Transport Solutions

Axes Software

Delamode Romania

Mergeani SRL

Work highlights

  • Advised Dataware Consulting on the sale of a 70% stake to Bittnet Group.
  • Assisted Vertical Seven Group with its private equity investments in several Romanian companies.
  • Represented Unit Vision and Sales Partner Automotive in a partial division of the company Unit Vision.

bpv Grigorescu Stefanica

bpv Grigorescu Stefanica's corporate and M&A practice often acts as local counsel on transactions across multiple jurisdictions. The team is also well placed to handle restructurings and reorganisations, mergers and demergers and corporate governance matters. Managing partner Catalin Grigorescu has expertise in advising on corporate reorganisations; he co-heads the practice with Alexandru Rusu, a key name to note for advising on tax issues in the corporate arena. Anca Albulescu is regularly instructed by local and international companies, real estate entities and investment funds.

Practice head(s):

Catalin Grigorescu; Alexandru Rusu

Other key lawyers:

Anca Albulescu; Cristina de Jonge; Iulia Dragomir


‘Great people, love working with them, they’re proficient and dedicated.’

‘They give 101%, are always on time, dedicated and walk the extra mile.’

Key clients

Softelligence SRL

Smart ID Dynamics SA

Siqsess Technology SRL


InCrys (Crys Computers SRL)


Work highlights

  • Advised the shareholders of Romanian company Softelligence on its takeover by the US company Encora Holdings.
  • Advised Supernova on the acquisition of six shopping centres in Romania from Delhaize Group and Galimmo Group.
  • Advised Smart ID Dynamics on the acquisition of Spectrum.

D&B David si Baias SCA

D&B David si Baias SCA‘s team is lauded for its 'in-depth understanding and complex knowledge of mergers and acquisitions law, and extraordinary ability to understand extremely complex transactions'. The client base includes pharmaceutical, healthcare and energy sector entities. Anda Rojanschi has 'deep knowledge of M&A intricacies', and jointly heads the practice with Sorin David, who fields expertise in corporate and competition law. Cristina Păduraru and managing associates Adina Oprea and Romana Petre are names to note.

Practice head(s):

Anda Rojanschi; Sorin David

Other key lawyers:

Cristina Păduraru; Adina Oprea; Romana Petre


‘David and Baias Law Firm truly stands out in the legal field. Their team’s exceptional expertise and dedication to clients is impressive. They take a client-centric approach, tailoring their services to individual needs, which fosters strong client relationships.’

‘Their commitment to diversity and inclusion in their workplace is admirable, and it’s reflected in their team’s diverse perspectives.’

‘I had the privilege of collaborating with Anda Rojanschi from David and Baias Law Firm on several M&A projects, and I must say it was an exceptional experience. Anda’s dedication, expertise, and professionalism truly stood out throughout our partnership. Her attention to detail and deep knowledge of M&A intricacies were invaluable in navigating complex transactions. She consistently went the extra mile to ensure that our projects were not only executed flawlessly but also aligned with our strategic goals.’

‘In the world of M&A, where precision and timeliness are paramount, Anda Rojanschi’s contributions were instrumental in achieving successful outcomes. I couldn’t have asked for a better partner in these endeavors, and I wholeheartedly recommend her and the firm for their outstanding legal services.’

‘The team has analytical thinking and focus on understanding of our business needs, not only from a legal perspective, but also from a technical one. They have an in-depth understanding and complex knowledge of mergers and acquisitions law and an extraordinary ability to understand extremely complex transactions and governance processes of our company. ’

‘Practice is unique due to: 1. experienced corporate M&A team, 2. able to identify solutions for complex legal matters 3. prompt responses for requests and ability to meet tight deadlines 4. availability of the team for discussions and meetings, as necessary 5. solution-oriented and constructive approach for transaction legal matters 6. an overall good communication and understanding of the business’s needs.’

‘The legal team providing support included partner Anda Rojanschi and managing associate Adina Oprea. The team was easy to work with, very supportive during the project, showed in-depth legal knowledge and great transaction expertise.’

Key clients


Public Power Corporation (Greece)

Shell Romania

Abbvie (Romania)

Oracle (Romania)

Altex Group

Istanbul Memorial Healthcare Group

Goodies Meat Production

Ceres Pharma

Vista Bank

Fiterman Pharma

Iveco Romania Group

Gemini Cad Systems

Ruris Impex


Signal Iduna



Eli Lilly


OMV Petrom

BP Group

Hach Lange (Danaher Group)

Toros Agroport Romania

Broadhurst Investments

Clinicile Sfanta Maria (Med Life Group)

Banca de Export Import a Romaniei (EXIMBANK)

Xcars Store

Work highlights

  • Assisting Public Power Corporation with the acquisition of Enel Group’s entities in Romania.
  • Acted for Broadhurst Investments, as a shareholder of Vel Pitar, on the sale of its participation in the company to Grupo Bimbo (Mexico).
  • Advised Ceres Pharma on the acquisition of dietary supplement brand Dacia Plant.


The corporate and commercial practice at Noerr assists a diverse client base of strategic investors, investors, international groups and domestic companies with local and multijurisdictional M&A deals and greenfield investments. Recent areas of instruction for the group include complex M&A, divestments of Romanian operations and post-merger integrations. Rusandra Sandu leads the team, which includes Luiza Bedros, Magdalena Lupoi and Gabriel Popa.

Practice head(s):

Rusandra Sandu

Other key lawyers:

Luiza Bedros; Magdalena Lupoi; Gabriel Popa; Cristina Stamboli; Andrei Balus; Catalina Balus


‘Their actions and reactions are very quick and always to the point. They supported us at all times in a very professional, factually competent and well-structured manner. The multilingualism (in our experience, fluent Romanian, German and English) is also a big advantage.’

‘NOERR supported us with a strong team, with a lot of experience. We were able to trust a team with decades of experience in the M&A sector. They have advised us in various teams on different topics (corporate law, tax, antitrust law). They understand quickly our concerns and proactively point out latent risks. Their international network and experience also helps in the communication and in understanding of the clients’ needs and expectations.’

Key clients

Stada Group

Maresi Austria

ISS Facility Services

Bristol-Myers Squibb

Harman International Industries

Samsung Electronics

Universal Alloy Corporation Europe


Access Group

Chiesi Romania

Roto Romania

Kellogg European Services Support

SD Worx

Work highlights

  • Assisting Stada Group with a internal reorganisation process.
  • Advised CLAAS Group on all legal matters regarding its acquisition of Serv Class.
  • Assisted Saint-Gobain with the acquisition of the Hungarian, Slovak and Romanian subsidiaries of a Benelux-based building materials manufacturer.


Volciuc-Ionescu's practice has a solid track record in acting for clients in the energy, tech, automotive, construction and pharmaceutical sectors, and has been kept especially busy handling a high volume of M&A deals and private equity transactions. Ramona Volciuc-Ionescu leads the team, bringing over 20 years of experience in advising on M&A transactions taking place in Central Europe and Eastern Europe. Managing partner Sabin Volciuc-Ionescu is another highly regarded name for transactional work. Ana Sandu is an up-and-coming practitioner, with particular expertise in advising on healthcare, construction, chemicals and technology sector transactions. Ada Butnaru is a name to note.

Practice head(s):

Ramona Volciuc-Ionescu

Other key lawyers:

Sabin Volciuc-Ionescu; Ana Sandu; Ada Butnaru


‘Very responsive and commercial in approach.’

‘I have really enjoyed working with lead partner Ramona Volciuc. Very sensible and calm under pressure. I have a lot of faith in the advice that she provides.’

Key clients

Schmid Industrieholding Group

Mytilineos Group

Varroc Group

Energia de Portugal Group

Delivery Hero Group

Electrica Group

Xperi Group

Montana Energy

Lumina Renewables

Western Union

Work highlights

  • Advised Austrotherm on its acquisition of Opal Technologies.
  • Advised the management of New Business Dimensions (NBD) and a new investor on the acquisition of all shares in NBD.
  • Acted for ALS on the acquisition of Centru de Mediu si Sanatate.

Buzescu & Tomescu SPRL

Buzescu & Tomescu SPRL's corporate team is well versed in handling a broad range of cross-border transactions, and has a solid track record in acting as counsel to foreign investors on inbound deals. Peter Buzescu leads the 'professional and experienced' team; Adrian Tomescu and Corina Papuzu are key contacts.

Practice head(s):

Peter Buzescu

Other key lawyers:

Adrian Tomescu; Corina Papuzu


‘The practice at Buzescu Ca works as a team, which is really a strength for us as a client. They know our history way back, and they always act professionally by updating their team so that we are giving the best advice for our local legal changes.’

‘I appreciate that both Peter Buzescu and Corina Papuzu respond fast, and always with short email messages, only asking or replying to the necessary.’

‘Professional and experienced team of advisors.’

‘Peter Buzescu and Adrian Tomescu are attentive, hard working, and knowledgeable.’

Key clients




Wizz Air

EDF Trading


Petrol Ljubliana




Canam Steel


Viking Oilfiels Services

Better Collective

Dalea Investment Group

Central European Driling


Work highlights

  • Advised Danfoss on the takeover of Sondex.
  • Advised Textron on the sale of a Romanian subsidiary, and corporate governance matters concerning another Romanian subsidiary.

Leroy si Asociatii

Under the leadership of M&A expert Bruno Leroy, the corporate team at Leroy si Asociatii has established strong credentials for handling M&A, joint ventures, and investments and divestments. Automotive, banking and finance, consumer goods, insurance, energy, construction and agribusiness are key sector strengths for the group, which is also widely recognised for its specialist focus in assisting French clients with corporate matters. Other key practitioners include the 'versatile and very competentAndreea Toma and senior associates Ruxandra Manciu and Anda Tufan.

Practice head(s):

Bruno Leroy

Other key lawyers:

Andreea Toma; Ruxandra Manciu; Anda Tufan; Adriana Spataru


‘The team is extremely united between juniors and partners which is rather rare in a law firm and promotes reactivity. On the other hand, the team perfectly knows both French and Romanian mentalities, which is a very valuable asset for negotiations.’

‘The main partner Bruno Leroy is personally involved in resolving the difficulties of a negotiation and goes beyond his role as legal adviser. Adriana Sparatu and Andrea Toma have a perfect knowledge of Romanian law, which is just normal, but above all, show great imagination to find the most favourable legal solution for their client.’

‘Smart, reliable and efficient team.’

‘Bruno Leroy and Anda Tufan are both available and efficient.’

‘Excellent team, very dedicated to clients.’

‘Bruno Leroy- outstanding knowledge of the Romanian market. Andreea Toma- a true business partner, versatile and very competent.’

‘Very professional team with perfect knowledge of the Romanian market specificities. Special knowledge of the potential cultural differences which position the team perfectly to support cross border transactions.’

‘All the professionals I’ve met benefit from a multi cultural business experience and speak several languages fluently.’

Key clients

Louis Vuitton

ETI European Food Industries S.A.




CEVA Logistics



Engie Romania

Groupe Rocher


Expert Petroleum

Financiere Esterel SAS

Work highlights

  • Advised Tereos on the divestment of its interest in a company that operates a large sugar factory in Romania.
  • Advised EMI Equipement Maintenance Industrie and its shareholders on all legal aspects of an investment of a majority stake by the private equity fund Innova.
  • Advised Engie on the due diligence process and drafting and negotiation of agreements for a business transfer agreement and share purchase agreement.

Peli Partners

At Peli Partners, the team is perhaps best known for its expertise in handling corporate and commercial matters for clients in the real estate sector, often acting for major real estate developers in large transactions. The group is also adept at advising on regulatory matters and day-to-day corporate governance issues. Investment firms and banks are included the group's client roster. The 'very creative' Carmen Peli heads up the practice, and is highly regarded for her excellent track record in handling a number of landmark M&A transactions in Romania. Francisc Peli brings expertise in real estate law, and is active on related corporate and M&A matters. Oana Badarau also focuses on real estate transactions. Delia Dumitrescu, Oana Bucsa and Ana Atanasiu are singled out for their contributions. Andreea Cărare left the firm in February 2023.

Practice head(s):

Carmen Peli

Other key lawyers:

Francisc Peli; Delia Dumitrescu; Ana Atanasiu; Oana Bucșa


‘The team is very helpful and receptive to all our needs and requests in this field.’

‘The team is absolutely excellent — extremely competent and also extremely proactive. They have a solid reputation in the market which is in and of itself an asset when we show up represented by Peli Partners.’

‘This practice distinguishes itself in numerous aspects, but I would like to highlight two: their exceptional attention to detail and their commitment to exceeding expectations. They consistently provided proactive legal counsel and comprehensible explanations.’

‘We collaborated with a team (Carmen Peli, Delia Dumitrescu) who consistently demonstrated their capacity for innovative thinking. They went above and beyond to imagine solutions for the challenges we encountered, always prioritizing our requirements in their decision-making and actions. Their remarkable expertise was also evident throughout our collaboration.’

‘Carmen Peli is very creative and always helps us navigate and correlate efficiently the legal implications of our projects, keeping a close look on our business interests.’

‘Oana Bucsa has worked closely with us on several mandates, including transactional matters, and was very professional and supportive.’

‘Carmen Peli – good professional, open and innovative to find best suitable solutions for the client. Ana Atanasiu – excellent proactive attitude focus on the results.’

‘Great and knowledgeable team, very efficient and straight-to-the-point.’

Key clients

Mitiska REIM

Portland Trust

Global Trade Centre (GTC)

Impetum Group

Forte Partners

Saint-Gobain Group

Warehouses de Pauw Romania

Scallier Investment

Tiriac Group

Niro Investment Group

Jones Lang LaSalle Services

Direct One

Colosseum Mall

Brio Teste Educationale

Salah Turkmani

Lion’s Head

Argo Real Estate

Transcenda Ltd.

Oti Holding

Work highlights

  • Assisted two investment funds with the divestment of a retail portfolio.
  • Assisted Portland Trust with the sale of a stake in its special purpose vehicle, which is developing Expo Business Park, to S Immo.
  • Advised Forte Partners on a divestment matter.

Stratulat Albulescu Attorneys at Law

Venture capital work is a core pillar of strength for the commercial practice at Stratulat Albulescu Attorneys at Law, with the team often instructed by technology sector clients in matters. The group is also adept at advising on foreign investments into a broad range of sectors in Romania. The practice is jointly led by Silviu Stratulat, who excels in advising on private equity, venture capital, and strategic investment matters, and Cristina Man, a corporate law expert with strength in the IT and communications sectors. Raluca Gabor and Adrian Hlistei-Muresan are key associates in the group. Octav Stan has left the firm.

Practice head(s):

Silviu Stratulat; Cristina Man

Other key lawyers:

Raluca Gabor; Adrian Hlistei-Muresan


‘They provide prompt and clear advice on a variety of matters.’

‘Silviu Stratulat is always pragmatic, quick to respond and cost effective.’

‘The SAA team is highly skilled and highly capable when it comes to handling complex cross-border transactions. The deliver a powerful combination of in-depth local knowledge along with a strong understanding of the requirements of US and EU companies.’

‘SAA was able to consistently deliver high-quality legal advice that was focused, actionable and easy to understand.’

‘Great knowledge when comes to venture capital deals.’

‘Availability and dedication at all levels.’

‘We worked together on a cross border JV deal. They handled the legal documentation very well and we had the feeling we are getting top notch support from the Romanian legal team.’

Key clients

Stera Chemicals

Modus Create

MCID (Ministerul Cercetarii Inovatiei si Digitalizarii/ Ministry of Research, Innovation and Digitalization of Romania)

GapMinder Venture Partners

TripStax Technology Limited

Rookpool Investments

Encora Digital Inc

Walden Group


Resource Partners

Wood and Company

Catalyst Romania Fund II

Work highlights

  • Advised Encora Digital on the acquisition of Softelligence and its subsidiaries in the UK and North Macedonia.
  • Advising MCID on the proposed merger between Orange Romania and Orange Romania Communications.
  • Acted for Stera Chemicals and its founder on the sale of a majority stake in the company to Oqema Group.

Bohalteanu şi Asociaţii

Ionut Bohalteanu and Daniela Milculescu co-lead the corporate and commercial offering at Bohalteanu şi Asociaţii. The team is adept at advising on a range of cross-border investments, with particular expertise in assisting clients from the energy sector. The practice heads are ably supported by Anda Calin and Andreea Roman.

Practice head(s):

Ionuț Bohâlțeanu; Daniela Milculescu

Other key lawyers:

Anda Calin; Andreea Roman


‘Very responsive.’

‘Ionut Bohalteanu, Daniela Miculescu and Anda Calin – proactiveness, transparency and innovative thinking.’

‘Bohalteanu si Asociatii promotes a collaborative culture within the team, which extends to their working relationships with clients. This collaborative approach ensures that multiple perspectives and skills are harnessed to deliver comprehensive legal solutions.’

Key clients

Premier Energy

KPMG Legal - Toncescu & Partners SPRL

KPMG Legal - Toncescu & Partners SPRL' corporate practice is home to 'a highly skilled group of lawyers'. The team is well known for advising on transactions within Romania's real estate sector, however the group is equally adept at assisting investment entities with corporate work in a broad range of sectors. Laura Toncescu has a solid track record in representing major international and Romanian companies in acquisitions and regulatory matters; she co-heads the department with Vlad Peligrad and Dragos Iamandoiu, who brings experience in cross-border deals.

Practice head(s):

Laura Toncescu; Vlad Peligrad; Dragos Iamandoiu


‘We had the privilege to collaborate with KPMG Legal’s team on a project pertaining to a company merger and acquisition. The firm demonstrated an exceptional level of excellence, boasting a highly skilled group of lawyers who possess profound expertise in the field. They not only provided effective solutions but also exhibited a remarkable ability to grasp and address the most intricate legal matters.’

‘Throughout our close collaboration, the professionalism exhibited by Dragos Iamandoiu was truly exceptional. He consistently provided invaluable guidance and unwavering support for both the business and legal aspects of the project. His flexible approach and readiness to stand by our side in discussions and negotiations, even when called upon at short notice, were commendable.’

‘They are reliable, professional and responsive, they know to adapt and understand the clients’ business.’

Key clients

Paval Holding

Golden Food Snacks

White Image





Marcom R.M.C. 94 SRL

Bancroft Fund

Green Group


EOS Group

Work highlights

  • Advised Paval Holding on the acquisition of CA Immo’s portfolio in Romania.
  • Advised the founders of Dentstore on the transfer of the entire shareholding of Dentstore to private equity fund Abris Capital Partners.
  • Acted for White Image on its takeover by Mediapost Hit Mail.

MPR Partners

MPR Partners continues to handle a high volume of work from international clients, often pertaining to M&A deals and day-to-day corporate and commercial advice. The practice is led by the triumvirate of Gelu Maravela, who brings expertise in privatisations; Dana Rădulescu, who advises on divestments; and Daniel Alexie, who is well known for representing major corporate clients in a range of matters.

Practice head(s):

Gelu Maravela; Dana Rădulescu; Daniel Alexie


‘Broad knowledge of the field, good collaboration and fast time answers.’

‘Easy to get in touch, understand time pressure and calibrate their resources accordingly to send their opinions in a timely manner.’

Key clients

Aegean Airlines

Air France – KLM


BBraun Avitum





Autotechnica Fleet Services


ONV Law fields a corporate practice with solid expertise in handling both cross-border and domestic deals in Romania. The clients come from a broad range of industries, and the team is well versed in advising on establishing business operations in Romania, as well as handling corporate governance matters. The department is jointly led by Mihai Voicu and Lorena Ciobanu; the duo are lauded as 'exceptionally great communicators'. Alina Bilan, Ana Petrescu and Bogdan Carpan are also recommended.

Practice head(s):

Mihai Voicu; Lorena Ciobanu

Other key lawyers:

Alina Bilan; Ana Petrescu; Bogdan Carpan


‘A very well organized team, with great market insight. A unique knowledge in energy related commercial deals. The collaboration is always smooth, when they are in touch with the end client they organize all administration smoothly. Their management and administration is exceptional.’

‘I would like to mention Mihai Voicu and Lorena Ciobanu, both exceptionally great communicators, being available for calls and e-mails to facilitate better understanding of client needs. It is a great pleasure work with them, real team workers.’

‘They are very resolute.’

Key clients

Avenir Telecom

GAS Group

Biosphere Holding

Work highlights

  • Advising Biosphere Holding on its acquisition of the business of an Austrian group of companies.

Popescu & Asociatii

The corporate and commercial practice at Popescu & Asociatii regularly acts for prominent financial institutions, investment banks and funds, and listed companies in a broad range of matters. Loredana Popescu is very well known for her expertise in handling banking and real estate transactions; she co-heads the practice with Octavian Popescu and Anca Simeria, who is active on mergers and transfers of business operations and assets.

Practice head(s):

Loredana Popescu; Anca Simeria; Octavian Popescu

Other key lawyers:

Mirela Cazacu


‘Good communicators, business oriented professionals, with extensive expertise in various legal areas.’

‘Octavian Popescu stands out as a very charismatic and efficient lawyer, always ready to offer support!’

‘We have been working with Popescu & Asociatii team since its incorporation. Popescu & Asociatii is our choice because they are experienced, always available, and provide us with great and quick answers all the time, in any mandate or file we entrusted them. In short, we work as a great team.’

‘Octavian Popescu is very well known on the Romanian market for his strong personality and ability to find best solutions for best outcomes. Always coming with alternatives and ways for us to succeed, with strong arguments not only in front of the judges but also in every negotiation he is involved, in front of the management board or counterpart. For us, Octavian is the best you can get on the Romanian legal market, both in consultancy and litigation/arbitration.’

‘Popescu & Asociatii lawyers are very reliable, providing fantastic advice and representation in all our legal matters that we put in their hands. A stellar team with great capabilities and experience in the area.’

‘Loredana Popescu is an exceptional lawyer, a pleasure to work with, being extremely knowledgeable and experienced, but most importantly, practical: she will go the extra mile and deliver a set of clearly defined solutions, along with a recommendation. In addition, she has a solid handle on regulatory issues and is extremely reliable on this subject.’

‘Loredana Popescu is a lawyer you can easily work with, very perceptive, client-oriented and has a great understanding of regulatory aspects of matters. She is extremely confident, intelligent and has an eye to details. I truly admire her outstanding commercial insight, technical knowledge, and dedicated client service. She is well versed in the field of corporate/energy and infrastructure and facilitates the completion of transactions through her vast knowledge, commitment, and easy-going nature.’

‘I would like to single out Anca Simeria for her depth and breadth of knowledge in all corporate matters, adding that her responses are extremely thorough, well thought out and easily digestible by lawyers and non-lawyers alike. She is more than just a legal adviser, due to her very commercial background – very approachable, reactive, with strong commercial acumen. It is a real pleasure to work with her every time.’

Key clients

THR Black Sea

Transport Urban Sinaia (TUS)

PLAN4N@GM Investment Fund

Sinaia City Hall

Banca Transilvania

Mytilineos Holding

Mega Image/Ahold Delhaize Group

Generali SAFPP

Eco Sud


Sometra SA

UTI Netcity Investments

Romanian State

Teamnet International

Octapharma AG

Allsys Energy

Campeador Group

Vagabond Group

CNS Communications East Europe

Mediplus Company

Work highlights

  • Advised THR Black Sea on the operation of assets held on the Romanian seaside.
  • Advised Sinaia City Hall on a financing contract for a construction project.

STALFORT Legal. Tax. Audit.

At STALFORT Legal. Tax. Audit., the corporate practice is perhaps best known for its strength in assisting German clients with potential operations and investments into the Romanian market. Raluca Oprisiu heads up the team; Carmen Lupsan left the firm in September 2023 to take up an in-house role.

Practice head(s):

Raluca Oprisiu


‘Raluca Oprisiu provides outstanding support with timely responses.’

‘Very flexible, professional, reliable.

‘I have a very good relationship with many of Stalfort’s employees that goes back many years. I communicate in my mother tongue and receive excellent legal advice!’

‘Excellent, very client-focused law firm that handles work in a timely manner and with the client’s interests in mind.’

‘Great understanding of German business culture and of the Romanian law. The team knows what we need.’

‘The Stalfort team is dedicated, well organized and respectful of deadlines. They stand out especially with their outstanding co-ordination on transactional matters. As a client, we appreciate the stability of the relationship built with the team. A long-term client relationship has been an advantage for us.’

‘A highly motivated and extremely capable team of lawyers who can communicate in several languages with ease. Stalfort have represented us in a Romanian M&A situation with amazing tactics, always having our interests in mind during the extensive negotiations. ’

Key clients

Dr. Oetker Group

Solenzara Group


J. u. A Frischeis

HARTING Technology Group

Kraftanlagen München Group


TEDi Betriebs GmbH/ Tengelmann group

EDEKA group

Swoboda group

Hoffmann Industrial Tools SRL

Gothaer Fahrzeugtechnik GmbH


Diconium GmbH

Westhouse International SRL


JLW Holding Aktiengesellschaft

Zetterer Präzision GmbH

Work highlights

  • Assisted OQEMA with the acquisition of a majority participation in Stera Chemicals.
  • Advised Edeka and its local Romanian subsidiary on the acquisition of a local IT company.

Vernon | David

The team at Vernon | David stands out for its 'exceptional knowledge' in commercial and corporate law. The group has established strength in assisting clients from the agriculture and pharmaceutical sectors, and handles restructuring matters and day-to-day corporate governance issues. The ‘focused and insightful' Maria Nica is the practice head.

Practice head(s):

Maria Nica


‘It is a very good mixture of attention to detail, understanding the business and the commercial side, thinking outside the box, versatility and creativity on top of excellent knowledge and understanding of the law.’

‘I have been working mainly with Maria Nica. She is very focused and innovative. She has a very analytical approach and is very good at providing the best solutions.’

‘A combination of several factors as their expertise, excellent customer service, prompt response to any inquiry. Allocation of a team to refer and availability for calls whenever needed.’

‘Their availability, the way they analyse and identify an issue and providing more than one solutions whenever possible. Open to discussion in order to achieve a specific goal. Monitoring the progress of an assignment in a timely manner. You can depend on them, they meet deadlines and provide overall legal assistance of high standard.’

‘Professional team, high level of knowledge, always respond on time and very well organized on positive results.’

‘Very good communication, exceptional knowledge, very good in advising and presenting all option in helping you to have the best decision, able to create a good, welcome and relaxing relation with the customer.’

Key clients


Brown Forman

Banca Transilvania





Paypoint PLC


ELIT România

Ben Shimon Floris Ltd


Intesa San Paolo

Elite Insurance


EcoSmart Union


Salvation Army

Victoria Bank

Zamfirescu Racoti Vasile & Partners

Zamfirescu Racoti Vasile & Partners has a strong track record for privatisations and transactional matters. The corporate and M&A team represents domestic and European entities from the energy, oil and gas, aviation, real estate, and construction sectors. Anca Danilescu, who heads up the practice, is 'an excellent corporate lawyer and a brilliant negotiator'. She is ably supported by the 'talented' managing associate Lidia Trandafir.

Practice head(s):

Anca Danilescu

Other key lawyers:

Lidia Trandafir


‘The corporate team never ceases to amaze me with its excellent availability and reaction time. I have worked with them on several projects during the years, especially on corporate matters, and the lawyers are always solution-oriented and extremely well prepared for all situations. What I like most about them is the fact they provide a holistic approach to every mandate assigned and adapt quickly to new circumstances.’

‘They are the go-to firm for complex situations when you need lawyers that understand your business, keep an overview and a clear structure of all legal implications and never lose sight of all risks involved.’

‘We work closely with Anca Danilescu and Lidia Trandafir. Of course, depending on the nature of the project, other lawyers from different departments join the team. One of the advantages of working with a business law firm of their size is that no matter the legal problem, your business is covered.’

‘Anca Danilescu is an excellent corporate lawyer and a brilliant negotiator, highly experienced in restructurings and acquisitions. Even when situations get heated or complicated, she spreads calmness and always figures a way out. As in every job, this comes with experience and she clearly trusts her abilities and knowledge. And we do too.’

‘Lidia Trandafir is a young and talented business lawyer and working with her is every time a pleasant experience. Not only she makes a perfect duo with Anca, but she is also committed and hard-working, coming up with realistic solutions to serve our objectives.’

Key clients

Alro S.A. / Vimetco N.V.

Saint Gobain Group

UniCredit Bank

Transport Trade Services

Elpreco – CRH Group

CEECAT Capital

Modulo Decorative Solutions

Lerta Energy

Meta Cellest


Work highlights

  • Advised Saint Gobain Construction Products Romania on the restructuring of its business in Romania.
  • Assisted the shareholders of Modulo Decorative Solutions with transferring shares issued by the company.
  • Advised the shareholders of IT Smart Distribution on the sale of a 100% stake in the company to ELKO Group.