Firms To Watch: TMT

STOICA & Asociatii – Attorneys at Law is a leading choice on high-end telecoms disputes, with partners Dan Rareș Răducanu  and Andreea Micu particularly active in the past year.
GNP Guia Naghi & Partners is a leading firm in competition matters and is also highly experienced in broader TMT matters, including regulatory, data protection and IP, with practice head Bianca Naghi  especially well-regarded.
Dentons is making a growing impression on the market, combining its strong international credentials with high-quality localised support, particularly in the venture tech space through Cristina Daianu.

Firms in the Spotlight TMT

Mihai, Lucian si Asociatii

Mihai, Lucian si Asociatii logo

The employment practice is coordinated by Ileana Lucian who has over 16 years of experience in the employment field, being a well-known lawyer in this area. Her professional activity started in 2003 within a Romanian top tier law firm, where she held the position of partner in the employment department for more than 4 years.

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TMT in Romania

bpv Grigorescu Stefanica

bpv Grigorescu Stefanica offers a comprehensive TMT practice with ‘great expertise and valuable team of lawyers’. The cradle-to-grave service covers all corners of the market, from the start-up sector where it represents emerging companies and venture capital funds, through to established global IT giants such as Google and Tencent Group, on their Romanian operations. The lawyers are also noted for their cross-border expertise, where ‘their knowledge of matters specific to high-growth technology companies was clear‘. Managing partner Catalin Grigorescu  is ‘very responsive and was able to provide clear technical advice very swiftly‘. Clients also rate the ‘very proactive and reliableDaniel Stefanica  and the ‘smart and deep‘ managing associate Cezara Constantinescu.

Practice head(s):

Catalin Grigorescu

Other key lawyers:

Daniel Stefanica; Cezara Constantinescu

Testimonials

‘The team at bpv GRIGORESCU STEFANICA continually provides us with expert, tailor-made legal advice. We especially value the high level of professionalism and engagement they show in their work, irregardless of the complexity of the task. They work efficiently as a team and make use of their exceptional local law expertise to support us in a wide variety of legal issues. Over the past 6 years of working with the law firm, we’ve never received anything less than outstanding.’

‘All members of the bpv GRIGORESCU STEFANICA team are highly skilled, legal professionals, who are able to work both independently and as part of a team. Each team member has a great knowledge of Romanian and EU law regulations and is ready to provide support even under pressure of tight deadlines.’

‘We are working with bpv Grigorescu Stefanica for many years due to their knowledge of the market context and of the competitive environment in which we operate. They are well known for their great expertise and valuable team of lawyers, experts in many practice areas, that helped us have the desired results.’

‘The services that Partner Daniel Stefanica and Cezara Constantinescu, Managing associate, have provided were excellent indeed. Daniel has great expertise, he is very proactive and reliable. He is always there when you need advice. I have appreciated Cezara’s highly understanding and handling of multidisciplinary projects, her involvement and responsiveness. She’s smart and deep, she looks at a problem from multiple angles. A great lawyer.’

‘I was impressed with the firm’s venture capital and technology practice. We worked with them on a complex international transaction and their knowledge of matters specific to high-growth technology companies was clear.’

‘We worked primarily with Catalin Grigorescu, who was very responsive and was able to provide clear technical advice very swiftly. Catalin is the firm’s managing partner but always seemed to be available.’

Key clients

Google

Draper Espirit

Tencent

Massachusetts Mutual Life Insurance Company (MassMutual)

Inmarsat Ventures

Innoship

Fitbit Inc.

BCR Pensii

World Vision

Work highlights

  • Legal adviser to Google in Romania, on all matters relating to product compliance and regulatory, commercial advice, intellectual property, privacy and data protection, employment and taxation, as well as all types of litigation.
  • Advised the Chinese multinational conglomerate holding company Tencent Holdings, whose subsidiaries specialize in various Internet-related services and products, regarding the launch of its platform in Romania.
  • Advised Fitbit Inc. regarding the mandatory registration and notification requirements for medical device manufacturers in Romania, considering both the national and EU legal framework.

Filip & Company

Filip & Company‘s lawyers are recommended for their ‘technical knowledge and their flexibility and pragmatic approach‘. The practice is hugely experienced on the telecoms side, where it represents the Romanian telecoms provider and broadcaster RCS&RDS on the full range of corporate, IP, regulatory and litigation issues. Coupled with this is a strong following on the IT side where it is acting for several of the country’s largest emerging companies, including UiPath, as well as established global software and hardware providers. Corporate partner Alexandru Birsan  leads the highly-rated team, which includes recently promoted partner Monica Statescu . Competition head Cătălin Suliman is also recommended for his ‘industry knowledge and practical way of dealing with complex aspects’.

Practice head(s):

Alexandru Bîrsan

Testimonials

‘Their team is incredible good because they have TMT practice in almost all the areas – competition, M&A, taxes.’

‘Filip & Company is one of the reputable firms in the media and technology areas. We appreciated them for both their technical knowledge and their flexibility and pragmatic approach. Also, they manage to deliver timely responses in a very user-friendly manner – this trait being highly appreciated by the business team. Both their TMT team, as well as the firm have a unique business approach, similar to a partnership with the client rather than a pure service provider. Their entrepreneurial way of dealing with things helps a lot especially in complex cases where brief strategic advice is needed.’

‘We are working with Catalin Suliman on TMT matters. We appreciated his industry knowledge and practical way of dealing with complex aspects. He manages to deliver a clear message even in complex cases and he is constantly trying to offer solutions or alternatives to the business. We appreciate his direct and diplomatic approach and his work ethic (the advice is always provided timely even if this means working extra hours). Another key point is his flexibility and business oriented approach combined with industry and legal knowledge.’

 

Key clients

RCS&RDS

Verifone

Digi Communications

Romanian Business Consult

2Perfomant

Total Soft

Inform Lykos

Octavian Radu and Vicentiu Zorzolan

REMARKT MAGAZINE

Globe Monnaie

Work highlights

  • Assisting UiPath, a leading robotic process automation company in relation to various corporate and commercial matters, including the extension of its business to several jurisdictions worldwide and competition assessments.
  • Assisted Digi Communications, the leading regional telecommunications and media group and its Romanian subsidiary, RCS & RDS, in issuing two series of senior secured bonds totaling €850 million.
  • Defending RCS & RDS against a claim raised by a broadcaster based concerning an alleged infringement of its copyrights in relation to the retransmission of its TV programmes.

Nestor Nestor Diculescu Kingston Petersen

Nestor Nestor Diculescu Kingston Petersen has top-level credentials across several strands of TMT-related issues. The firm’s corporate and commercial practice attracts a strong flow of work from an impressive range of household name telecoms and technology clients, including advice on M&A, divestitures, business launches and reorganisations. This is built on an impressive foundation of support in key areas such as regulatory, litigation and data privacy. Client commend the ‘expert level of knowledge and creative thinking wrapped up in a down to earth approach which includes local regulatory trends‘. Partner Adina Chilim-Dumitriu  leads the TMT side of the practice, while fellow partner Roxana Ionescu  manages the data protection front. Clients also rate experienced associate Alina Vizitiu.

Practice head(s):

Adina Chilim-Dumitriu; Roxana Ionescu

Testimonials

‘Excellent knowledge of the local market and provides solid practical advice. Responsive to client needs and timings. Good relationships with local regulator.’

‘Alina Vizitiu is our primary contact and is responsive and gets the job done. She has handled general regulatory compliance advice, assistance with registrations and responding to information requests.’

‘Expert level of knowledge and creative thinking wrapped up in a down to earth approach which includes local regulatory trends/interpretations in every advice provided.’

‘Approachable, well prepared professionals which deliver concrete, applicable and well explained advice.’

‘The team is very prompt, very reliable, attentive to the way in which the legal advice requested can be useful for the business.’

 

Key clients

A3 Biometric Connections

ING Bank N.V. Amsterdam – Bucharest Branch

British Telecom

Zoom – ZVC Netherlands

Twilio

Cisco

NTT Data Communications

Vodafone Romania

Ericsson Romania

Work highlights

  • Assisting Vodafone on the transfer of a business division belonging to a worldwide telecommunication supplier, which was carrying out managed/maintenance services on our client’s fixed and mobile telecom network.
  • Drafting ING Bank’s challenge against the Data Protection Authority’s imposition of an €80,000 sanction for non-compliance with data protection requirements.
  • Advising Zoom on its launch in Romania and its authorisation with the regulator ANCOM.

Tuca Zbârcea & Asociatii

Tuca Zbârcea & Asociatii has ‘an outstanding reputation for all areas of TMT, including new technologies such as fintech, cloud services and AI. The practice is also noted for its strong expertise in data privacy and GDPR where partner Ciprian Timofte  has a wealth of practical experience in this sector and his advice is always well-informed and thorough‘. The firm acts for a broad clientbase including internet service providers, TV, media and telecoms companies, and IT hardware and software giants. In addition to corporate M&A and restructuring projects, the practice is also noted for its IP, litigation, outsourcing, compliance and regulatory advice. The team also has experience advising tech startups. Other key partners include the ‘terrificCatalin Baiculescu  , who is ‘an excellent negotiator‘, and Vlad Cercel . Clients also rate the ‘thoughtful, pragmatic and reliablesenior associate Florentina Petrisor.

Practice head(s):

Vlad Cercel; Catalin Baiculescu; Ciprian Timofte

Testimonials

‘Tuca Zbarcea & Asociatii’s TMT team is perhaps the most knowledgeable team with respect to data privacy issues in Romania. Their lawyers are highly experienced with the entire spectrum of data privacy legal concerns, from regulatory compliance, advice on GDPR, cross-border data transfers, data breach management to implementing customized information and data management policies and procedures within companies. They have a complete knowledge of global privacy, cybersecurity and data protection laws and are quick and effective in assessing the implications and any related risks.’

‘Ciprian Timofte heads the data privacy team. He has a wealth of practical experience in this sector and his advice is always well-informed and thorough, sensitive to our business needs as well as to the applicable legal requirements. Ciprian easily navigates through a growing body of privacy laws and is always up to date with any new developments in this field. I really enjoy working with him and his team. Also of note is Florentina Petrisor, who is thoughtful, pragmatic and reliable.’

‘I’ve had a very good working experience with the TMT team from Tuca Zbarcea & Asociatii, the main reason for which I chose them as our legal advisor being this firm’s extensive credentials in the TMT sector and especially in the media/audiovisual sector.’

‘Catalin Baiculescu: he is collaborative in his approach to working with clients and very focused on helping the client achieve their objectives. Where I think Catalin is different than other lawyers in the market is his can-do attitude and his multidisciplinary background. On the TMT front, he is a terrific lawyer: excellent knowledge of the law, extremely well-prepared and ready to tackle any challenge.’

‘There is nothing bad one can say about this team, all lawyers display strong commitment, speed of delivering high-quality advice and flexibility. They have an outstanding reputation for all areas of TMT, including new technologies such as fintech, cloud services and AI.’

‘Catalin Baiculescu is the lawyer I’ve mostly entered into contact with. He is a smooth negotiator and excellent drafts person. He is diligent, reliable and smart, overall a great TMT lawyer.’

‘Very experienced and competent as regards all legal aspects arising in the media sector. They are all knowledgeable in how to address matters and find the right solutions. I strongly recommend this firm as regards TMT.’

‘Catalin Baiculescu is the first name that crosses my mind. Very good at relationship building and going above and beyond to meet the needs of clients in a timely fashion. He has a passion for technology and has a unique understanding of the TMT industry meaning he is capable to provide well rounded and sound advice in this area. Excellent negotiator as well, he is very detail-oriented but at the same time he never loses sight of the big picture.’

‘TZA has one of the most noteworthy data privacy teams in Romania. I would rank them above their competitors in terms of theoretical knowledge, proactivity, business acumen and client service.’

‘Ciprian Timofte is the right person to work with on any data privacy project. I appreciate him for his solid advice, availability, service orientation and pragmatism.’

‘1. Innovative / out of the box solutions for client`s needs; 2. Commitment to customer`s needs; 3. Good knowledge and understanding of client`s business activity; 4. Flexibility in organizing meetings according to client`s request.’

‘Ciprian Timofte – the partner of Data Protection team from Tuca Zbarcea & Asociatii – is one of the best GDPR experts from Romanian market. In providing assistance to its clients, he combines the legal knowledge with IT and Technology expertise. Also, he takes into consideration the business interest of client.’

Key clients

Vodafone Romania

E-Infra

Telekom Romania and Telekom Romania Mobile

Radio Guerrila

Microsoft Romania

Holotech Studios

Ringier Romania

Netcity Telecom

Clever Media Network Group

Ericsson Telecommunications Romania

Playtika Romania

Tarsago Romania

Avangate/ 2Checkout

LIBERTY GALATI

Creative Media Development

Edenred Romania

Accord Healthcare

AIK Energy Londra – Sucursala Bucuresti

Engie Romania

Work highlights

  • Advising Clever Media Network Group in its bid to acquire Prima TV, one of the largest TV stations in Romania.
  • Advising ATTP Telecommunications, part of Clever Media Network Group, in relation to the acquisition of Digital Cable Systems and AKTA Telecom.
  • Advising the owners of Comarket, a B2B digital platform for the HoReCa industry, on an initial €350,000 investment, and in relation to raising €187,500 as seed investment further to Comarket’s listing on the SeedBlink platform.

Bondoc si Asociatii SCA

Bondoc si Asociatii SCA offers a wide-ranging practice with strong experience of the IT, media, and life sciences sectors. In addition to advising advising high-profile media, IT and internet service providers on corporate, regulatory, IP and data privacy issues, the firm has a good track record of representing end-users from across a broad spectrum of industries. This includes advice to clients in the energy sector on the implementation of high-end IT and software programs, as demonstrated by the firm’s advice to Restart Energy. Key partners include Monica Iancu, who is highly regarded for corporate and regulatory matters, and managing partner Lucian Bondoc.

Practice head(s):

Monica Iancu; Lucian Bondoc

Key clients

AFI EUROPE GROUP

APTIV TECHNOLOGY SERVICES & SOLUTIONS

BRITISH AMERICAN TOBACCO (BAT)

BFS Molecular (currently part of the CareDX group)

CARGUS

CLARIANT PRODUCTS ROMANIA

CLUSTER POWER

DANTE INTERNATIONAL (owner of EMAG, largest online retailer in Romania and CEE)

DELPHI DIESEL SYSTEMS

DOGAN MEDIA INTERNATIONAL

EACCIDENT

EGIS PHARMACEUTICALS

ELENA MARTIN AESTHETICS

ENGIE ROMANIA

FONDUL PROPRIETATEA

FINEXPERT – BOSCOLO (member of Crowe Global)

FRESENIUS MEDICAL CARE

INTERVET ROMANIA (member of MSD Group)

MERCK SHARP & DOHME ROMANIA (MSD)

ONEY FINANCES / ONEY BANK

ORGANON BIOSCIENCES (member of MSD Group)

PPF

PROFI ROM FOOD

PRONETIS

RESTART ENERGY

RADIO FREE EUROPE

SANOFI ROMANIA

SAMAX ROMANIA

Work highlights

  • Advised Restart (one of the largest Romanian independent electricity and natural gas suppliers) in connection with e-electricity related matters including various IT issues linked to the implementation and operation of a decentralized energy platform that rewards green energy certificates to consumers of renewable energy.
  • Advising one of the largest social platforms on all Romanian law matters concerning its activity in Romania.
  • Advises PPF in connection with all regulatory issues concerning its acquisition of CME media group, one of the largest broadcasters in the country, in a €1.2. billion transaction covering several European jurisdictions.

CMS

CMS is praised for its ‘consistent quality across all geographies‘ and its ‘reliable, quick, responsiveservice. Clients included major global names operating in the IT, media and telecoms sectors, and the firm assists on a broad range of high end corporate, regulatory and procurement mandates.  In addition to the firm’s strong cross-border offering, start-up clients also benefit from its equIP legal support programme, which offers a discounted service and aims to assist companies grow internationally. Managing partner Horea Popescu leads the team, which also includes experienced counsel Cristina Popescu and Mircea Moraru .

Practice head(s):

Horea Popescu

Other key lawyers:

Cristina Popescu; Mircea Moraru

Testimonials

‘International organisation with consistent quality across all geographies. Good teaming/collaboration across countries.’

‘Reliable, quick, responsive.’

Key clients

Romanian Business Consult (RBC)

Gemalto

Neurolaboratories Limited

TypingDNA

Alten

Finqware

Tech Data Advanced Solutions

Tech Data Distribution Sro Praga – Sucursala Bucuresti

Work highlights

  • Advising Neurolaboratories Limited, an Artificial Intelligence software start-up company registered in the CMS equIP programme, with respect to day-to-day legal issues.
  • Advised Finqware, a financial API aggregation platform which is a member of the CMS equIP programme, with respect to day-to-day legal issues.
  • Advised Alten group in restructuring its Romanian operations.

DLA Piper Dinu SCA

DLA Piper Dinu SCA has a ‘very knowledgeable and very comprehensive‘ TMT group, that is especially experienced in advising venture capital and start-up companies. Key members include Ana-Maria Andronic, a counsel who also heads the well-regarded IP practice, and competition head Livia Zamfiropol who is especially strong on regulatory, contractual and data privacy issues. The firm’s international network gives it a strong edge on cross-border matters, while the domestic practice has built up a strong reputation representing clients from across the start-up spectrum, with the crowdfunding platform, Seedblink, being a notable example. Established telecoms companies, such as Vodafone, also regularly instruct the firm.

Practice head(s):

Ana-Maria Andronic; Livia Zamfiropol

Testimonials

‘They are very professional and very knowledgeable. I have worked with them for multiple years now and every time the issues were solved on time, and especially on budget. I really appreciated them being very knowledgeable and very comprehensive in their approach. I highly recommend them.’

‘Lidia Dutu – very knowledgeable; provided a very detailed report on the matter from a tax perspective, really taking into account all implications.’

 

Key clients

VODAFONE ROMANIA SA

SEEDBLINK CROWDFUNDING

BRIGHT SPACES

GREEN HORSE GAMES

INTERNATIONAL PERSONAL FINANCE

Work highlights

  • Assisted Green Horse Games, a Romanian mobile gaming studio, on intellectual property and data protection related questions arising from a due diligence exercise.
  • Assisted Vodafone in connection with its GDPR roles and responsibilities in relation to its vendors and business customers, as well as advice on its recent merger with UPC.
  • Ongoing advice to Seedblink Crowdfunding on the development of its online crowdfunding platform, as well as setting-up its data privacy compliance framework.

Kinstellar

Kinstellar has a ‘very hard working and result oriented team of lawyers’ with good experience of the TMT sector. The team is especially active on the transactional and corporate front, and has provided local and regional support on several high profile M&As. The practice also advises technology and telecoms clients on day-to-day commercial and regulatory issues, including business launches in Romania. Corporate partner Zsuzsa Csiki, praised for her ability to ‘drive a deal towards the finish line with very efficient transaction coordination and streamlining of complex deal structures‘, currently leads the team following the retirement of former practice head Razvan Popa.

Practice head(s):

Zsuzsa Csiki

Testimonials

‘Their energy and responsiveness are unique. A very hard working and result oriented team of lawyers.’

‘Zsuzsa Csiki can drive a deal towards the finish line with very efficient transaction coordination and streamlining of complex deal structures. Zsuzsa is very knowledgeable and can tackle any complex matters, with efficient negotiations and unique contract drafting skills. She is driven by ambition and a unique energy, proactive and a problem solver.’

 

Key clients

Court Square Capital Partners

Mobileum Inc

GTT Communications

Wipro Limited

Miniclip

Google

DXC Technology

J2 Global Inc.

Wayfair Stores Limited

Vice Media

Genui GmbH

Origindata SAS

Cerner Corporation

Fujitsu Technologies

Modis Competence Center

Varicent Software

Verizon Media

Key Way Group Limited

Work highlights

  • Advised the private equity firm, Court Square Capital Partners, on the due diligence process and Romanian law implications of the acquisition of Connatix Holding – a company operating next-generation video platforms for publishers.
  • Advising Mobileum, a designer and developer of data analytics solutions, on the Romanian law implications of its planned acquisition of Niometrics – a network analytics company.
  • Advised GTT Communications, a global provider of internet network and cloud networking services, on the divestiture of its infrastructure assets and sale to a third-party buyer.

Musat & Asociatii

Musat & Asociatii is recommended for its full service TMT offering. The firm represents several high profile clients operating in the telecoms and technology markets, including Facebook and Verizon. The practice is especially active on the regulatory front for its telecoms clients, and also provides good support on transactional and contentious issues. Deputy managing partner Iulian Popescu  leads the team, which is noted for its ‘total availability and ease of communication‘. Corporate partner Razvan Stoicescu  is also singled out for praise, while associate Ana Maria Abrudan has a broad understanding of technology-related matters, including e-commerce and software development and licensing.

Practice head(s):

Iulian Popescu

Testimonials

‘As there are multi specialised teams dealing with the issues, it is possible to have a full view and discussions about different topics.’

‘An extreme commitment to legal aspects and practice in the country. Total availability and ease of communication.’

‘Musat’s TMT team is well seasoned and time standing. Working with them I come to realize the value added holistic advice they provide whilst handling complex technical and regulatory mandates.’

‘The capability to answer to all the parameters required by our company.’

‘Availability, flexibility and good reactions.’

‘Razvan Stoicescu has a great team of young and inspired lawyers. He manages them well and also is able to allocate associate resources adequately to client’s needs.’

‘Ana Maria Abrudan is our point of contact. She has a solid understanding of the Romanian telecoms market. Combining legal skills with a solid understanding of the client’s business model is key to success.’

Key clients

FACEBOOK

VERIZON ROMANIA

TELECOM ITALIA SPARKLE

OVIDIUS CLINICAL HOSPITAL

AEGEAN AIRLINES

KIA

HITACHI

HYPERCENTAGE

FUTURE HEALTHCARE ROMANIA

MAGNETI MARELLI AUTOMOTIVE CLUJ

Work highlights

  • Advising Verizon on various telecom matters, including representing the client before the National Authority for Management and Regulation in Communications (ANCOM).
  • Advising Telekom Italia Sparkle, a global telecommunications company, on various telecom matters.
  • Advising Facebook on EU and regulatory matters.

Popovici Nitu Stoica & Asociatii

Popovici Nitu Stoica & Asociatii has a good track record advising major telecoms and IT companies on a wide range of issues. The firm is especially strong on the transactional front and has been involved in several high profile M&As within the sector in the past year. This is in addition to strategic corporate advice on business and product launches, as well as support on procurement contracts, both to suppliers and customers. Partners such as Ernest-Virgil Popovici  , Silviu Stoica  and Mihaela Ion  are active on corporate matters. Florian Nițu  and Alexandru Ambrozie  are the two main contacts on the public procurement front.

Practice head(s):

Ernest-Virgil Popovici; Bogdan Stoica; Silviu Stoica; Mihaela Ion

Key clients

S&T

Hewlett-Packard Romania

SIMAVI

Orange

UPS

GTS Telecom, a company owned by Deutsche Telekom

Asseco SEE

Enea

NTT Data

Yandex

SAP

Work highlights

  • Advised Orange Romania on the acquisition of a 54% controlling stake in Telekom Romania Communication, one of Romania’s leading fixed telecom operators; and the development of its premium TV service.
  • Advised Yandex Taxi on its entry into Romania.
  • Advised S&T on the implementation of a contract for the Integrated Informatic System for the control of road traffic in Romania.

RTPR | Radu Taracila Padurari Retevoescu SCA

RTPR | Radu Taracila Padurari Retevoescu SCA has an active transactional practice that represents investors, entrepreneurs and start-ups operating within the technology and telecoms sectors. In addition to equity and debt investments, the firm also has a good track record on IP, licensing, technology transfer, joint ventures and distribution agreements, as well as broader regulatory issues.  The past year saw the firm advise several target companies subject to high profile venture capital investments. Key contacts include corporate partners Costin Tărăcilă , who regularly acts for private equity funds on their investments into the sector, and Mihai Ristici , who handles M&A and day-to-day commercial matters.

Practice head(s):

Costin Taracila; Mihai Ristici

Key clients

123FormBuilder

DocProcess

Evolution Gaming

Catalyst Romania

Binovate Labs

IV Future

Digital Keez

Zenith Media

AROBS Transilvania Software

Work highlights

  • Advised 123FormBuilder and its shareholders, Catalyst Romania, Florin Cornianu and Adrian Gheara, on the investment of 212, a venture capital fund specialised in tech companies.
  • Advised the founders of Keez on the sale of the majority stake to Visma Group, one of the largest software development companies in Romania.
  • Advised IV Future on its transaction with THE HUT.COM, concerning a unique platform designed to generate online stores.

Wolf Theiss

Wolf Theiss is praised for its strong regional presence and ‘their highly efficient cooperation between their headquarters in Vienna and their local offices’. This integration has proved particularly useful to TMT companies operating throughout CEE, and the firm has been involved in several significant cross-border transactions in the past year. Major telecoms and IT providers use the firm for regulatory and day-to-day commercial matters, and the firm’s lawyers are often involved in major IT outsourcing, cloud computing, data protection and e-commerce projects. Practice head Ileana Glodeanu  is singled out for ‘her ability to bring to the table complex points in an easy to understand manner‘.

Practice head(s):

Ileana Glodeanu

Testimonials

‘I have discovered in WT Romania a great team willing to go the extra-mile to provide opportunities for clients even beyond immediate billable time. While our work in the TMT space did not result in an immediate transaction as we decided to pursue a different approach and raised debt on the local market. They were very supportive in providing access to the partner network in the region, a good process understanding and availability to invest in a very early opportunity. Similarly, despite being the market leader in TMT large transactions they were willing to allocate time for due diligance support for early stage startups, with helpful connection to larger industry players.’

‘Ileana Glodeanu – despite being involved in most of the large local transaction we benefited for great support and access to her network. Always available to look at the bigger picture.’

‘We have been working with Wolf Theiss for over four years now, in various jurisdictions. What stands out is their highly efficient cooperation between their headquarters (Vienna) and their local offices. This gives us outstanding local expertise coupled with swift partner availability whenever overarching topics arise.’

‘Our local experts are indeed experts in their field. They were ready to support us from day one and helped us navigate even when the waters got rough (due to circumstances beyond our reach).’

‘The vast experience of the team, adapting complex solutions designed in other deals to issues at the table. Close to local entrepreneurs. Advantage of CEE presence, meaning access to best practice and resources from other offices.’

‘Creativity to find solution to make the deal happen is a strong point of Ileana Glodeanu. Also, her ability to bring to the table complex points in an easy to understand manner. Meeting tight deadlines is also worth mentioned. Close to her clients, pushing the deals ahead meaning also putting effort to educate entrepreneurs on deal issues, on other consultants that could be an asset for the deal. Luciana Tache is extremely hardworking.

‘The team has excellent knowledge about the industry, scalable to any project and the collaboration with both the client and counterparty makes for a really good process.’

‘Ileana Glodeanu is highly commercial and an excellent negotiator. Sarah Wared has good industry knowledge, is commercial and available on short notice also with new drafts.

Key clients

AT&T

CGI Inc.

Elvaston Capital Management

Glovoapp23, S.L.

Ivanti, Inc

MHC Software LLC

Oracle Romania SRL

Razor Group

Snyk

Total Specific Solution (TSS) B.V.

VISMA AS

Webhelp

WorldQuant

Electronic Alarms Systems S.R.L.

Work highlights

  • Asisting Glovoapp23 in the multijurisdictional acquisition of the operations of another food delivery platform operating in Romania, Croatia, Serbia, Bulgaria, Montenegro and Bosnia and Herzegovina through a complex share and asset acquisition.
  • Assisting VISMA in the recent acquisition of a 51% stake in the Romanian company Digital Keez, an IT company offering complete accounting services through an app designed especially for entrepreneurs.
  • Assisting AT&T Services on pandemic-related issues including legislative changes and their operational and employment implications, as well as travel restrictions and subsidies implemented in Romania.

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

Boanta, Gidei & Asociatii SCP (in association with CEE Attorneys) has an active TMT practice with a particularly strong focus on Romania’s burgeoning start-up sector, where it represents both start-up companies and corporate and fund investors. The firm had a busy 2021 and was involved in over 15 transactions for businesses with an aggregate value of over €45 million. Clients and target companies work across a range of sectors including fintech, agri-tech, gaming and digital marketing. Sergiu Gîdei  has almost 20 years’ experience in the market, regularly advising on corporate, IP and tax issues. Krisztina Voicu  is another key partner with particularly good expertise in data privacy, regulatory and competition matters.

Practice head(s):

Sergiu Gidei; Krisztina Voicu

Key clients

EshopWedrop Group

DataWare

Benefit 7

Vertical Seven Group

Sparking Capital Venture Fund

Sparktech

Bunnyshell

PAGO

Pragmatic Play Group

Cora

OLX

Elefant

Moonlet

OPPO

Silo Software Consulting

Ingram Micro Distribution

Work highlights

  • Advising the Romanian start-up SMARTIT GLOBAL, which operates ING Romania’s DealWise discount platform, launched last year, and its 2021 fundraising campaign via the SeedBlink equity platform.
  • Assisting Holde Agri on its strategic investment into AgroCity, a Romanian agro-tech start-up.
  • Advising the investment fund Sparking Capital on financings to various Romanian start-ups, in fields such as: Questo (gaming), K Factory (manufacturing), Eco Tree (waste management), Product Lead (digital marketing).

Buzescu Ca

Buzescu Ca is praised for being ‘very easy to deal with‘ and providing ‘good practical advice‘. The firm offers a full service to its clients who come from across a range of sectors, with good support in key areas such as employment, IP and tax. The team has a good track record on IT-related corporate transactions, such as its advice to Algolia on its  acquisition of MorphL AI. End-users also use the firm on contractual matters with IT suppliers, as well as broader data privacy and GDPR issues. The ‘extremely efficient‘ associate Corina Papuzu heads the team, with founder Peter Buzescu often acting as lead partner.

Practice head(s):

Corina Papuzu

Other key lawyers:

Peter Buzescu

Testimonials

‘We have always been very impressed with the firm. They are transparent and reasonable with their fees. The work is turned around quickly and to a high standard. They are knowledgeable and understanding of the fact we don’t know the Romanian legal system to the extent we do the UK system. They are very easy to deal with and provide good practical advice that is easy to implement.’

‘Although Peter Buzescu is the lead Partner in respect to our services. Corina Papuzu carries out the day to day legal work. Corina is extremely efficient, her advice is precise and practical.’

Key clients

The Procter & Gamble Company

Algolia

Blackstone

Estee Lauder

Brink’s

LC Waikiki

Canam Steel

Seopa

Travelport

Work highlights

  • Advised Algolia with regard to its recent acquisition of MorphL AI, an AI technology company.
  • Advised Blackstone on employee-related data protection matters, including the collection and processing of personal data and explicit consent requirements.
  • Advised LC Waikiki on the transfer of the personal data of its employees outside the EU.

Eversheds Sutherland Romania

Eversheds Sutherland Romania had a busy year advising on several high-profile corporate transactions within the telecoms sector. A highlight was advising Greece’s OTE Group on the sale of its stake in Telekom Romania Communications to Orange. The firm’s international network makes it a favoured choice for cross-border mandates, including regional company reorganisations. Key team members include co-managing partner Mihai Guia  who regularly represents investors and companies in Romania’s burgeoning start-up sector. Fellow managing partner Cristian Lina  is extremely active on the corporate and M&A side. Alexandra Sulea is the main contact for data privacy issues.

Practice head(s):

Mihai Guia; Alexandra Sulea

Other key lawyers:

Cristian Lina

Key clients

Accenture

AT&T

Cisco

Deutsche Telekom

eMAG

John Lewis

Hervis

HP

Microsoft

Vodafone Romania

TELUS International

Suvoda

Veoneer Group

ZF TRW Group

Work highlights

  • Advising OTE Group with the sale of its stake in Telekom Romania Communications to Orange Romania.
  • Advising Vodafone Romania in its restructuring process.
  • Assisted eMAG on its reorganization of processes and activities across CEE.

Reff & Associates SCA

Reff & Associates SCA has recently provided considerable support to several banks and financial institutions on digitization projects. This has included regulatory advice and assistance on e-commerce, compliance and data privacy. Clients particularly appreciate the broader offering that goes beyond legal and comes with being part of the Deloitte network. Corporate partner Georgiana Singurel leads the team, which also advises several high profile retailers, telecoms and energy companies on related issues. Senior associate Silvia Axinescu is singled out for ‘her calm, her proactive attitude and ability to interact and transmit the key legal messages‘.

Practice head(s):

Georgiana Singurel

Testimonials

‘ I was impressed by their excellent knowledge and expertise on IT & IP matters and their support. As Reff & Associates is part of Deloitte Group, we were also happy to receive a combined approach of solutions, not just legal expertise. The team proved to be very talented, dedicated and focused to provide us the best solution in our case. Our overall impression was a very good one. We were impressed by their knowledge, their professional approach, their continuous feedback and support.’

‘I worked with Silvia Axinescu (Senior Managing Associate) and I was very pleased by her calm, her proactive attitude and ability to interact and transmit the key legal messages. Highly regulated or digitalized industries, as is the case for banking industry specialized assistance. Her expertise on niche domains (such as IP & privacy matters) was very important for the overall project.’

‘Our overall impression was a very good one. We were impressed by their knowledge, their professional approach, their continuous feedback and support.’

‘The entire Reff & Associates team provided us the necessary support in order for us to complete our project, but we had a great collaboration especially with Maria-Silvia Axinescu. We can only appreciate their strengths (the prompt response, very well prepared answers to our questions, full legal assistance, a good distribution of their human resources for the project) because we could not find any weaknesses in our collaboration.’

Key clients

ING

TechVentures Bank

CEC Bank

Apa Nova Bucuresti – Veolia Group

B2Kapital part of B2 holding

HP Inc

NEPI Rockcastle

Arcelic Group

Lendrise Marketplace

IKEA Romania

adidas Romania

Forte Partners

Work highlights

  • Advised ING on the establishment of a new application developed as part of a technology innovation initiative.
  • Advised TechVentures Bank on the establishment of a new online client onboarding stream.
  • Advised CEC Bank on the digital transformation of the bank and related systems, including assistance on the privacy and data protection aspects.

Stratulat Albulescu Attorneys at Law

Stratulat Albulescu Attorneys at Law has a ‘highly responsive team‘ that is praised for being ‘very knowledgeable and detail oriented. The firm has a good reputation for advising start-ups and emerging tech companies on issues ranging from M&A, IP and financings through to data privacy and employment. The practice also has clients in the life sciences, entertainment and advertising sectors. Through its advice to GapMinder Venture Partners, it also represents one of the more active venture capital funds in the Romanian market. The practice is led by the highly-rated Ana Maria Kusak , with well-regarded managing associate Elena Stan  in support.

Practice head(s):

Ana Maria Kusak

Other key lawyers:

Elena Stan

Testimonials

‘Highly responsive team.’

‘Silviu Stratulat is amazing. Very friendly and personal.’

‘In few words, highly qualified specialists. The whole team is very knowledgeable and detail oriented.’

‘Over the past several years I worked closely with Ana Kusak and Elena Stan. As already stated in my previous answers, I really appreciate both Ana and Elena for all their exceptional professional qualities.’

‘The best legal team in Romania.’

‘Everyone from the Stratulat Albulescu team with whom we interacted showed professionalism and managed to help us with the most suitable solutions every time.’

 

Key clients

World Class Romania

Titluri Quality

Dinescu Constantin Bogdan “Macanache”

SelfD ID

Rogalski Damaschin Public Relations

Agenţia de vise

SPORT UPGRADE

Drop&Go S.R.L.

Hervis Sports S.R.L.

Work highlights

  • Advised SelfD ID in various intellectual property and data privacy matters.
  • Advising the start-up Sport Upgrade in various IP matters, including legal support on the development of the Fity App (Sport Upgrade).
  • Advising Titluri Quality on the evaluation and licensing of several trademark portfolios, as well as associated domain names and online publication platforms.

Voicu & Filipescu SCA

Voicu & Filipescu SCA has a broad ranging TMT practice that offers support across several related areas. The firm’s lawyers have good experience of regulatory matters, contract negotiations, M&A, IP, and employment law, and regularly advises sector and non-sector clients on data privacy issues. The team is especially popular with large consultancy and outsourcing companies, and has longstanding relationships with Accenture and Capgemini. Partners Marta Elena Popa  and Raluca Mihai  jointly lead the team.

Practice head(s):

Marta Popa; Raluca Mihai

Key clients

Accenture

Capgemini

Rewe

Work highlights

  • Advising Capgemini Services, which has a major IT outsourcing centre in Romania, on the full range of day-to-day corporate, regulatory and data privacy issues.