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 …
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About strategic businesses during the COVID-19 pandemic
With a fewnotable exceptions, all companies are struggling these days. For some itis about organizing general business survival, for some it is about dealingwith the short-term cash-flow management, some are restructuring their businessand resetting the employment scheme, while for some the only option was tofreeze production and apply for various public support measures.
The aftermath of COVID-19 outbreak – Practicing social distancing during AGMS of listed companies
Introduction As the negative consequences of COVID-19 continue to expand, companies are facing various demanding challenges, one of them being related to the organisation of the Annual General Meetings of the Shareholders (“AGMS”).
COVID-19: Real Estate market implications. Particular insights into Lease Agreements
1. Introductory aspects Since its outbreak in November, 2019 in China, COVID-19 has rapidly spread across Europe, the general opinion being that the peak is yet to come. The aggressive rate of spreading of COVID-19 has marked the financial markets, which now indicate a decrease of the earnings expectations.
State aid amid COVID-19 outbreak
PNSA COVID-19 Legal Response Team