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:

PNSA in the deal through which Auchan shall operate 400 MyAuchan stores within OMV Petrom stations

PNSA advised Auchan Retail Romania in respect of the takeover of the entire chain (more than 400 units) of OMV Petrom petrol filling stations in view of converting them into MyAuchan proximity stores and their further non-petrol retail operation. This is the biggest project ever of a Romanian petrol retailer to outsource the non-petrol products retail …

PNSA in one of the largest real estate deals in the West part of Romania in 2020

PNSA advised Belgian developer VGP Parks on the acquisition of real estate assets with a total area of ​​approximately 40 ha in Arad. This is considered by specialists the largest deal in the West part of Romania in 2020.

Anti-corruption compliance concerns & best practices in time of COVID-19

In the middle of a crisis such the current one, companies face variousunforeseeable challenges. And although at this moment the attention is directed towards overcoming this situation, one may not neglect how this outcome is achieved, especially considering that once the “storm”is over, misconducts tend to come to light and regulators will almost sure enforce …