PNSA advised Electromontaj on the acquisition of Hidroconstructia and ABC Asigurari Reasigurari

PNSA advised Electromontaj, the energy construction market leader in Romania, on the acquisition of Hidroconstructia, the largest Romanian company specialized in the field of hydropower and hydrotechnical constructions. The transaction also includes the subsidiaries of Hidroconstructia, namely ABC Asigurari Reasigurari, Hidroturism and Hidroedil.

Pavăl Holding acquires U Center 1

PNSA advised PAVĂL HOLDING, the holding company of DEDEMAN, the biggest Romanian entrepreneurial company, on the acquisition of U Center 1 – the first phase of the U Center office project in Bucharest, from Forte Partners. U Center 1 comprises a modern 8 floor-office building with a GLA of around 30k sqm of A-class premises …

PNSA advised Dr. Leahu Dental Clinics Network on the acquisition of CORIDENT PRO Clinic

PNSA advised Dr. Leahu Dental Clinics Network on the acquisition of CORIDENT PRO Clinic from Sibiu.

PNSA advised Orange on the acquisition of a majority stake in Telekom Romania Communications

PNSA advised Orange Group on the acquisition of a 54% controlling stake in Telekom Romania Communication, one of Romania’s leading fixed telecom operators.

POPOVICI NIȚU STOICA & ASOCIAȚII names Raluca Rusu as Tax Partner

POPOVICI NIȚU STOICA & ASOCIAȚII is proud to announce that Raluca Rusu has been promoted to partnership in PNSA Tax, effective from 1 October 2020.

PNSA alongside BRD – Groupe Société Générale in its investment in CIT One

Popovici Nițu Stoica & Asociații advised BRD – Groupe Société Générale in the recently closed transaction by which BRD, BCR and Raiffeisen Bank Romania became equal shareholders in CIT One, one of the largest Romanian companies specialised in the transport, processing and storage of cash and other valuables. The transaction has previously been cleared by …

PNSA obtained the enforcement of EU subsidies due to farmers

On October 2, 2020, the High Court of Cassation and Justice dismissed the appeal of the Agency for Payments and Intervention for Agriculture (APIA) against the decision of the Bucharest Court of Appeal, confirming that APIA subsidies granted to farmers can be assigned and enforced.

PNSA welcomes Andrada Pleș as Tax Manager

Popovici Nițu Stoica & Asociații is pleased to announce that Andrada Pleș joins PNSA Tax as Manager, effective as of September 15, 2020.

PNSA advised Burda Group on the sale of its business in Romania

PNSA and PNSA Tax advised Burda Group on the sale of its business in Romania.

WDP acquires three new logistics centres

Popovici Niţu Stoica & Asociaţii advised WDP, one of the leading Belgian developers and owners of logistics and warehousing in the market, on the recent acquisition of three major logistics parks in Romania: