RTPR | Radu Taracila Padurari Retevoescu SCA > Bucharest, Romania > Firm Profile

RTPR | Radu Taracila Padurari Retevoescu SCA
CHARLES DE GAULLE PLAZA, 5TH FLOOR
15 CHARLES DE GAULLE SQUARE
011857 BUCHAREST 1
Romania

Romania > Banking and finance Tier 1

From asset and structured finance, and leveraged and acquisition finance, to assistance with project funding, real estate finance, and restructuring, RTPR | Radu Taracila Padurari Retevoescu SCA covers the gamut of matters in the Romanian market and remains one of the go-to practices for work of the highest value and complexity. The firm has a close relationship with the A+O Shearman network and assists with domestic and international projects, including landmark deals in Romania and the CEE region. Victor Pădurari and Alexandru Retevoescu are joint practice heads and both are trusted counsel to major financial institutions and international banks. The ‘very knowledgeable and reliable’ Cosmin Tilea and Andreea Nedeloiu are further key figures, along with Andreea Burtoiu and Poliana Gogu-Naum.

Practice head(s):

Victor Padurari; Alexandru Retevoescu

Testimonials

‘The firm was involved in unique projects at Romanian banking industry level (such as issue of covered bonds) and has shown sound knowledge of specific legislation as well as of any related legal matters involved in the respective projects.’

‘The team we worked with had a proactive approach, identifying and aligning local legal requirements to international markets practices.’

‘Members of the banking and finance team have a great legal knowledge and good understanding of the commercial background of the deals, which enables them to find quick solutions to various issues encountered in the deals.’

‘Cosmin Tilea and Andreea Nedeloiu are each very knowledgeable and reliable. We value their commitment and availability, the excellent legal skills and their attention to find the best solutions to meet the client requirements.’

‘RTPR stand-out as leaders on the banking and finance legal market in Romania. I applaud them for their excellent capacity to seamlessly deal with both local law and cross-border matters. They always go the extra mile to solve any problems. No legal matter is difficult for them and this makes them my first choice for complex matters.’

‘Cosmin Tilea has a vast experience in very complex financing structures and came up with innovative and tailored solutions to various legal matters. He is very reliable and while very difficult deals seem to be effortlessly executed by him and his team, I’ve realised how skilfully he coordinates all his team’s resources to get the deals done. Thanks to his strong track record in banking and finance matters Cosmin Tilea makes a difficult deal look pretty simple and this is very impressive.’

‘Cosmin Tilea is a very meticulous lawyer with good commercial understanding and capacity to find solutions.’

‘RTPR’s banking and finance team is exceptional from all standpoints. Their lawyers are hardworking, efficient, deliver on time, prudent, very knowledgeable and experienced. They truly lead the pack of the elite banking and finance law firms in Bucharest.’

Key clients

EBRD

Erste Group Bank

Raiffeisen Bank

KBC Bank

ING Bank

UniCredit Bank AG

World Class Romania S.A.

Rodbun Grup SA

Banca Comerciala Romana (BCR)

WOOD & Company Financial Services, a.s.

Work highlights

  • Advising World Class Romania on its syndicated and bilateral financings.

Romania > Commercial, corporate and M&A Tier 1

RTPR | Radu Taracila Padurari Retevoescu SCA is well-equipped to handle the full suite of corporate law matters at the highest level in the Romanian market, including significant M&A transactions, restructurings, joint ventures, and commercial and contractual issues. The sizeable team is managed jointly by Costin Tărăcilă, who assists various private equity funds on acquisitions and add-on acquisitions, restructurings, and the sale of companies; and Mihai Ristici, a reliable choice across M&A, mainstream corporate, energy-related, and capital markets matters. Alina Stăvaru comes with client recommendation and is also head of the firm’s employment team. For M&A and particularly competition aspects, Roxana Ionescu is a further important contact.

Practice head(s):

Costin Tărăcilă; Mihai Ristici

Other key lawyers:

Alina Stăvaru; Roxana Ionescu; Cristina Enaga; Marina Fecheta-Giurgica; Cezara Urzica; Vlad Stamatescu; Diana Dimitriu; Andrei Tosa

Testimonials

‘Alina Stăvaru and Cezara Urzica are very competent and experienced.’

‘Love working with Alina Stăvaru. She has really deep understanding of our business.’

‘Excellent and deep team of professionals covering all matters of corporate finance, financing, capital markets, competition, etc.’

‘Costin Tărăcilă is a tremendous counsel, very experienced and commercial.’

‘Roxana Ionescu stands out as the expert on competition law.’

‘Marina Fecheta-Giurgica is an up and coming associate that is very hands on and knowledgeable.’

‘The RTPR team are super responsive, commercial and their work is of high quality.’

‘This practice stands out due to its deep industry expertise, a client-centred approach, and a commitment to delivering measurable results. Potential clients would likely want to know about the team’s strengths, including its collaborative skill set, specialized knowledge, and adaptability in addressing complex challenges.’

Key clients

MidEuropa Partners

Intesa Sanpaolo Bank

Orange Money

Macquarie Asset Management

Global Records

Vectr Holdings

Innova Capital

Aramco

Engie

Morphosis Capital

EMI Group

Ares Group

Black Sea Fund

AROBS Transilvania Software

IPS Solutions Group

Centrokinetic

OX2

Romcim

Sarmis Capital

Work highlights

  • Advised the private equity fund MidEuropa Partners on the €1.3bn sale of Profi to Ahold Delhaize.
  • Advised Intesa Sanpaolo Bank on the acquisition of First Bank from the American private investment fund J.C. Flowers.
  • Advised ENGIE Romania on the acquisition of an operational wind farm with a capacity of 80MW majority owned by the EnerCap Group.

Romania > EU and competition Tier 1

Regarded by clients as ‘a market trailblazer’, RTPR | Radu Taracila Padurari Retevoescu SCA‘s team for EU and competition law handles the full range of matters, including major antitrust investigations, merger approvals, dawn raids and compliance programs. Companies and financial institutions both international and domestic instruct the group that is jointly led by Valentin Berea and Roxana Ionescu. Berea, a top competition law specialist, excels in investigations and disputes, and Ionescu is the coordinator of the merger control and state aid teams. Andrada Rusan is ‘extremely thorough in her work’ and assists both with investigations and advisory matters.

Practice head(s):

Valentin Berea; Roxana Ionescu

Other key lawyers:

Andrada Rusan; Serban Halmagean; Miruna Tocileanu

Testimonials

‘The RTPR competition team is definitely a market trailblazer, as they have the skill and expertise to take on mandates on both day-to-day advice as well as investigations from the initial dawn-raid days all the way to a final ruling in court litigation. This gives a client the confidence of working with a team having in-depth command of all the details of a case, as they both understand the business of the client and the stakes of a given decision, being able to then decide the optimal legal approach, being by no means reluctant to creative solutions.’

‘Valentin Berea and Andrada Rusan were the architects of a very daring pioneering case on abuse of superior bargaining position, which they pursued with tenacity, creativity and exceptional legal skill.’

‘As team, I appreciate the cooperation and respect between them. The dialog with the team is always fruitful and innovative.’

‘Roxana Ionescu has been a very long lasting partner of our business. She is dedicated, taught negotiator, well known of the industry and with great results.’

‘Probably the best on the market – blending both in-depth competition law knowledge with sophisticated litigator skills. Luckily my interaction with them was focused on compliance with competition law, but I know of several ground breaking cases that they won, including before the CJUE. They also provide engaging competition compliance training.’

‘Valentin Berea is the practice head of their Investigations team and has tremendous experience and skills both on substantial antitrust matters and litigation (winning cases before the CJUE).’

‘Roxana Ionescu is the merger control partner and has been fantastic obtaining a record time clearance for us.’

‘Andrada Rusan is extremely thorough in her work and always responsive to the client’s needs.’

Key clients

Zabka Polska

Groupama Asigurari

Electrica

Zenith Media

Ursus Breweries

Regina Maria

Maspex Romania

Scania AB, Scania CV AB, Scania Deutschland GmbH, Scania Romania

Asirom Vienna Insurance Group

Henkel Romania

British American Tobacco

Work highlights

  • Represented Groupama in court proceedings concerning the reduction of a fine imposed by the Romanian Competition Council.
  • Represented Zenith Media Communications in a case before the European Court of Justice.
  • Representing Electrica in court proceedings in the first ‘facilitator-victim’ case in the whole EU to date for allegedly facilitating a cartel between its meter suppliers.

Romania > Capital markets Tier 2

With strength in handling both debt and equity transactions, the team at RTPR | Radu Taracila Padurari Retevoescu SCA has been counsel to parties in a number of high-profile IPOs. The group is also well regarded for its regulatory advice in relation to capital markets matters. ‘Exceptionally experienced lawyer … for capital markets transactions’ Mihai Ristici co-leads the capital markets group with Victor Pădurari, who has expertise across banking and finance, capital markets and projects transactions. Support to the practice heads comes from Andreea Burtoiu and Vlad Stamatescu.

Practice head(s):

Mihai Ristici; Victor Padurari

Other key lawyers:

Testimonials

‘Great collaboration, extensive knowledge and timely delivery of work.’

‘Vlad Stamatescu – I appreciate his availability and willingness to solve problems, as well as his ability to remain calm and navigate conflictual situations, apart from his extensive knowledge of the legal matters.’

‘Experienced and business-minded team of professionals, who understands the clients’ needs and is focused on providing practical and efficient advice.’

‘Mihai Ristici is an exceptionally experienced lawyer in Romania for capital markets transactions. Mihai combines business skills, hands-on approach and negotiation skills, which makes him a top-notch choice for this type of mandates.’

Key clients

WOOD & Company Financial Services, a.s.

Morgan Stanley Smith Barney

Vanguard

Credit Suisse

BNP Paribas

Mitsubishi UFJ Financial Group

Barclays Bank

Electrica

BRD Groupe Societe Generale

Unicredit Bank

Autonom Services

Work highlights

  • Advised WOOD & Company Financial Services, a.s. on the attempted EUR 85m IPO and admission to trading of Agricover Holding SA, an issuer active in the food industry.
  • Provided regulatory advice to Morgan Stanley Smith Barney on its activity in Romania.
  • Provided regulatory advice to Vanguard on its activity in Romania.

Romania > Employment Tier 2

‘Distinguished by its strong focus on risk management and mitigation’, RTPR | Radu Taracila Padurari Retevoescu SCA‘s offering in labour and employment is counsel of choice to a number of Romanian subsidiaries of multinationals, as well as domestic heavyweight companies. Its prowess in cross-border matters is bolstered by the firm’s partnership with A&O Shearman. The team is led by Alina Stăvaru, who is ‘highly experienced in private equity deals and investment projects’ and also excels in contentious employment law mandates. Her team includes Diana Dimitriu, whose experience includes cross-border business transfers, immigration and problematic dismissals; and Cezara Urzica, who supports on the full range of work.

Practice head(s):

Alina Stavaru

Other key lawyers:

Testimonials

‘RTPR’s practice is distinguished by its strong focus on risk management and mitigation, a key strength of the team. I found that they consistently demonstrate a solid command of risk analysis and provide clients with solutions that minimise potential liabilities. The team’s in-depth knowledge and proactive approach allow them to anticipate and address risks before they escalate.’

‘Tui Iana is professional and a great team player, always contributing to smooth collaboration and effective teamwork.’

‘Clearly, the team led by Alina Stavaru is highly experienced in private equity deals and investment projects. Well-managed scope of questions, timing of the project, identified issues and transaction documentation negotiation. Also, I could rely on Alina and the team for advise regarding all the local Romanian aspects of investment.’

‘High professionalism, reliability, efficiency of communication and advice. Already during the pitch phase, Alina Stavaru made an impression of experienced and right counsel for this type of project.’

Key clients

Evryo Power (formerly CEZ Romania)

Arobs Development & Engineering SRL

Lidl Discount

British American GBS Recruitment

Optical Investment Group

Netopia Financial Services

Elevate

EMI Equipment Maintenance

Intesa Sanpaolo

Alisa Land Property SRL (member of African Industries Group)

Kadra Tech

Profi Rom Food

MidEuropa

Work highlights

  • Advised Arobs Development & Engineering SRL (an affiliated company of Arobs Transilvania) on employment matters in the context of a reorganisation process.
  • Advised Lidl Discount in the context of the dismissal procedure of one of its key employees who breached the internal rules on conflict of interests.
  • Advised Intesa Sanpaolo SpA on the appointment of a new management team at First Bank S.A. following its acquisition.

Romania > Energy and natural resources Tier 2

With established expertise in handling oil and gas, hydropower, and electricity sector matters, the energy and natural resources team at RTPR | Radu Taracila Padurari Retevoescu SCA is active in renewable energy project development cases and large-scale M&A transactions in the energy sector. The client base includes global investment funds and banks. Practice co-head Victor Pădurari assists financial institutions with large-scale energy financing matters, and co-head Mihai Ristici acts for energy companies on various projects. Regulatory issues are prominent in Bogdan Cordos' workload.

Practice head(s):

Victor Padurari; Mihai Ristici

Other key lawyers:

Testimonials

‘The team is oriented towards problem solving with a pragmatic and business oriented approach. I would highlight particular expertise in terms of M&A in the energy sector and power purchase agreements.’

‘Mihai Ristici is able to find solutions for particularly complex situations.’

‘Bogdan Cordos has outstanding knowledge in the energy sector, especially in terms of energy regulations and power purchase agreements.’

Key clients

Engie Romania

Macquarie Asset Management (MAM)

Electrica

Premier Energy Furnizare

OX2 AB

Aramco

Evryo Group

Work highlights

  • Advised ENGIE Romania on the acquisition of an operational wind farm with a capacity of 80MW.
  • Advised Macquarie Asset Management on the sale of CEZ Vanzare to Premier Energy, owned by Emma Capital.
  • Advised OX2 on the sale of a 99MW onshore wind farm in Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura.

Romania > Intellectual property Tier 2

In the IP market in Romania, RTPR | Radu Taracila Padurari Retevoescu SCA is particularly strongly regarded for its assistance with contentious matters and is widely considered a go-to copyright litigation firms in the jurisdiction. Valentin Berea, ‘a rare gem of a versatile generalist’, has a focus on arbitration and litigation, but is also a certified intellectual property counsellor for trade marks and industrial designs. He co-leads the team with Lucian Mihai, who also has his strengths on the contentious side. Andrada Rusan and Ana Popa are both experienced in representing clients before the IP authority.

Practice head(s):

Valentin Berea; Lucian Mihai

Other key lawyers:

Testimonials

‘Valentin Berea is a rare gem of a versatile generalist with a reliably focused and results-oriented lawyer who thinks more about solutions than about problems. My clients from all over the world love working with him and his team because they provide top quality, rock solid advice that is immediately understandable and usable in the client’s business.’

‘Valentin Berea has a good sense of humour and eagerness to perform and to ensure client satisfaction.’

Key clients

Lidl Discount SRL

Eazy Asigurari

Motion Pictures Association of America

Rio Bucovina

Evolution Gaming

Maspex Romania

Deroni

Alpha Bank

Asirom (VIG) Group

IGT Group

Work highlights

  • Representing Lidl Discount in a dispute with Vel Pitar, holder of a portfolio of trade marks containing ‘wholewheat’, relating to the use of ‘wholewheat’ on the packaging of bread.
  • Representing Eazy Asigurari SA in a court dispute aimed at securing its IP rights over the registered trade mark ‘Eazy Asigurari’ against an insurance broker that registered, in bad faith, a domain name almost identical and blatantly confusing with both the client’s trade mark and its commercial name.
  • Representing Deroni in a series of IP disputes for the protection of its prior trade mark and trade name ‘Deroni’ against a competitor in Romania.

Romania > TMT Tier 2

With established strength in assisting international clients, network suppliers and prominent tech companies, the TMT group at  RTPR | Radu Taracila Padurari Retevoescu SCA has extensive experience in handling technology transfer agreements and distribution agreements. Broadcasting, data protection, cloud computing and cybersecurity are also all areas of expertise for the team, which works in tandem with the firm's dispute resolution, finance, and IP departments to support clients in a wide spectrum of matters. The practice is co-led by Costin Tărăcilă, who advises private equity funds on investments in the TMT space, and Mihai Ristici, who handles M&A transactions in the tech sector.

Practice head(s):

Costin Taracila; Mihai Ristici

Other key lawyers:

Alina Stavaru

Key clients

Innova Capital

Global Records

IPS Solutions Group

AROBS Transilvania Software

Zenith Media

Motion Pictures Association of America

Evolution Gaming group

IGT Group

Work highlights

  • Advised Global Records and Stefan Lucian on the sale of a 25% stake in the company to Believe.
  • Advised AROBS Transilvania Software on the acquisition of Infobest Romania from the business founders.

Romania > Dispute resolution Tier 3

Clients of RTPR | Radu Taracila Padurari Retevoescu SCA‘s dispute resolution department praise its ‘strategic approach’ and ‘knowledge and experience’. The multidisciplinary practice group is particularly strong in competition litigation, contentious IP work, tax disputes, and matters in strongly regulated sectors. Valentin Berea, an experienced litigator and arbitrator with a particular focus on competition and IP matters, heads the group. His team includes tax dispute specialist Alexandru Stanoiu, Ana Popa, who is well versed in handling commercial litigation, and Andrada Rusan, who assists with competition and IP cases.

Practice head(s):

Valentin Berea

Testimonials

‘RTPR litigation team stand out because of their strategic approach to cases and goal-focused mindset, being well versed in IP litigation concerning trade marks and domain names. The amazing team is always available and very responsive, being oriented towards solving clients’ needs. They recently delivered first-class service in a complex IP dispute concerning trademark infringement by a series of car service repair units whereby they managed to obtain, in record time, a successful outcome. RTPR litigation team is always a primary choice for me in case I need to externalize legal work involving litigation, especially IP and competition disputes. One other aspect that was very reassuring is that the key members of the team are unchanged throughout the engagement.’

‘Valentin Berea and Ana Popa delivered an outstanding job for us in complex IP disputes, both by obtaining successful court outcomes and negotiating settlements agreements that quickly solved what could have become a long court battle.’

‘Valentin Berea is a fantastic head of litigation and client-focused partner, being continuously hands-on throughout the process.’

‘Ana Popa is remarkably bright and knowledgeable and is always there to help at a very short notice. She is concerned to consider all the options and difficulties that a case raises so that to come up with the most practical solutions.’

‘Ana Popa – excellent legal advice, proactive, business oriented legal strategy, always to the point ’

‘Depth of team, knowledge and experience.’

‘Excellent lawyers. Bright, switched on and hard working.’

‘Alexandru Stanoiu has a business oriented approach and is a strong legal professional.’

Key clients

Premier Energy Furnizare SA (formerly CEZ Vanzare SA)

Groupama

Scania

Asirom (VIG Group)

Electrica

Lidl

Eazy Asigurari

Silcotub (Tenaris Group)

Ursus Breweries

Henkel Gmbh

Horphag Research

Work highlights

  • Representing Zenith (Publicis Group) in a cartel case of the competition authority against media agencies in Europe.
  • Representing Eazy Asigurari in a court dispute aimed at securing its IP rights over a registered trade mark.
  • Representing the Scania Group in a private damages cases in Romania.

Romania > Real estate and construction Tier 3

The real estate and construction group at RTPR | Radu Taracila Padurari Retevoescu SCA, led by Alexandru Retevoescu, has a solid track record in handling urban planning and permitting, acquisitions, disposals, and property planning and development matters. Real estate finance work is another core area of strength for the team, which is equally adept at advising on FIDIC construction matters and contracts, property litigation, portfolio issues and lease agreements. The client base includes logistics, office and residential entities. The 'pragmatic' Ianita Tui brings expertise in corporate real estate matters. Raluca Năstase has left the firm.

Practice head(s):

Alexandru Retevoescu

Other key lawyers:

Testimonials

‘I was impressed by the team’s expertise on Real Estate matters. They handled my case with professionalism and achieved an outstanding result. They were always available to answer my questions and concerns and managed to demonstrate creativity in their approach. The solutions they came up with was innovative and tipped the scales in my favor.’

‘I worked with Ianita Tui on Real Estate matters, and I am extremely happy with our collaboration. She was very involved in providing the best advice considering the agreed terms. She is flexible and very experienced in the real estate field. She provided pragmatic and workable solutions, and this led to a smooth and efficient negotiation of our superficies agreement with the counterparty.’

‘Ianita Tui and her team have consistently demonstrated professionalism, dedication, and a strong understanding of the legal and business intricacies of property-related matters. We’ve been especially impressed by Ianita, whose expertise, strategic thinking, and responsiveness have been highly beneficial. Her deep knowledge and pragmatic advice have been a key contributor to the success of our projects.’

‘The practice of RTPR stands out for its comprehensive approach and deep expertise in real estate and construction law. What distinguishes them is their ability to anticipate potential challenges and provide innovative, tailored solutions. The team’s strengths lie in their excellent collaboration, attention to detail, and strong communication with clients, ensuring all aspects of a project are handled smoothly and efficiently.’

Key clients

Vectr Holdings

IWG (Regus)

OX2 AB

Work highlights

  • Advised Vectr Holdings on the indirect acquisition of The Landmark office buildings.
  • Advised Regus on five new lease agreements, as well as re-negotiation of the commercial terms of leases with tenants.

Radu Taracila Padurari Retevoescu SCA (RTPR) is a leading Romanian law firm providing advice to major companies, financial institutions and entrepreneurs on the full range of legal issues and on their most challenging legal transactions and assignments.

We offer our clients a strong team which delivers a first-class service, providing pragmatic and commercially-oriented advice. RTPR has a team of more than 40 highly-skilled lawyers, including eight partners: Costin Tărăcilă, Victor Pădurari, Alexandru Retevoescu, Mihai Ristici, Valentin Berea, Roxana Ionescu, Alina Stăvaru and Cosmin Tilea, and benefits from the valuable insights and support of Prof Dr Lucian Mihai, of counsel. Together we manage the most sophisticated, demanding, sensitive and high-profile transactions.

The breadth and depth of our practice and our ability to offer a seamless, market-leading expertise gained us recognition at local and international level. In recent years we advised clients in landmark transactions in Romania and in the region.

We have the resources and the mindset to provide time sensitive, experienced and effective support to our clients’ precise and often complex needs. We are aware of clients’ challenges and strive to help them with business-oriented solutions that protect and capitalise on opportunities.

Main areas of practice
Antitrust/competition:

  • Successfully represented Tymbark Maspex in an antitrust litigation in the context of the annulment of the fine imposed by the Competition Council in a high profile investigation on the food retail market
  • Groupama Asigurari in a complex antitrust investigation concerning a potential exchange of commercially sensitive information among the insurance companies in Romania
  • Electrica in court proceedings in the first ‘facilitator’ case in Romania to date in which the client was fined EUR2.3 million for allegedly facilitating a cartel between its meters suppliers
    Contact: Valentin Berea
    Tel: +40 31 405 7780
    Email: [email protected]
    Contact: Roxana Ionescu
    Tel: +40 31 405 7777
    Email: [email protected]

Banking and finance:

  • Banca de Export Import a României (Eximbank) as the coordinating mandated lead arranger, and a syndicate of banks on the maturity extension of revolving facilities and modification of the syndicate structure under a secured term and multicurrency revolving facilities agreement granted to Alro, as borrower, as well as in relation to related security
  • BNP Paribas, Crédit Agricole CIB, Credit Suisse, HSBC, Société Générale and UniCredit acting as Underwriters, Mandated Lead Arrangers and Bookrunners, Société Générale and Komerční banka acting as facility agent and security agent, respectively on the EUR1.150 billion financing of the CME acquisition, a media group which also includes ProTV, by PPF Group
  • The syndicate of banks made up of ING Bank N.V. through ING Bank N.V. Amsterdam – Bucharest Branch, Banca Comerciala Romana, Raiffeisen Bank SA and UniCredit Bank SA in relation to an extended credit facility in amount of US$360m granted to KMG International group for covering the regular needs in the group activity
    Contact: Alexandru Retevoescu
    Tel: +40 31 405 7784
    Email: [email protected]
    Contact: Victor Padurari
    Tel: +40 31 405 7783
    Email: [email protected]

Capital markets:

  • Barclays Bank PLC as arranger for Alpha Bank Romania on the first mortgage bonds issue programme in Romania with a value of EUR 1bn
  • UniCredit Leasing Corporation on the bond issue aiming to attract EUR 300m on international markets
  • Autonom Services, the most important independent player on the operational leasing and rent-a-car markets in Romania, on the first corporate bond offer programme established by a local issuer and respectively, on the private placement of the first tranche of corporate bonds issued under the offer programme through which Autonom attracted over EUR48 million funds
    Contact: Mihai Ristici
    Tel: +40 31 405 7785
    Email: [email protected]
    Contact: Victor Padurari
    Tel: +40 31 405 7783
    Email: [email protected]

Corporate and M&A:

  • MidEuropa Partners on the EUR1.3 billion sale of Profi, in the largest transaction in the retail sector ever concluded in Romania
  • Macquarie Infrastructure and Real Assets (MIRA) on the acquisition of a portfolio of power assets owned by CEZ Group in Romania, the largest M&A transaction in Romania in the previous 12 years
  • Intesa Sanpaolo Bank on the signing of the acquisition of First Bank from the American private investment fund J.C. Flowers
    Contact: Costin Taracila
    Tel: +40 31 405 7782
    Email: [email protected]
    Contact: Mihai Ristici
    Tel: +40 31 405 7785
    Email: [email protected]

Employment:

  • One of the biggest employers in Romania on a group reorganisation, one of the biggest restructuring processes in the country, involving, inter alia, transfer of business arrangements, consultations and negotiations with trade unions, preparation of collective dismissals for hundreds of employees, handling challenges by various employees of the restructuring process, data protection, IP, corporate and real estate matters etc.
  • Worldpay on the employment implications (including transfer of employees) of their build, operate and transfer venture with Endava for the development of a software development centre in Romania
  • An international insurance company on the contemplated European reorganisation exercise which was performed in the context of the Brexit, including the smooth transfer of Romanian employees to the newly established branches of the company outside of the United Kingdom
    Contact: Alina Stavaru
    Tel: +40 31 405 7777
    Email: [email protected]

Energy:

  • ENGIE Romania on the acquisition of an operational wind farm with a capacity of 80MW
  • Macquarie Asset Management (MAM) on the sale of CEZ Vanzare to Premier Energy PLC, owned by the Czech private equity fund, Emma Capital
  • Macquarie Infrastructure and Real Assets (MIRA) on the attempted acquisition of a majority stake in the Romanian businesses of Enel, including its large portfolio of renewable (wind and solar) energy production facilities in Romania
    Contact: Victor Padurari
    Tel: +40 31 405 7783
    Email: [email protected]

Intellectual property:

  • Successfully represented the most important Hollywood studios, including Paramount Pictures Corporation, Sony Pictures Entertainment Inc., Twentieth Century Fox Film Corporation, Universal City Studios Productions LLLP, Walt Disney Studios Motion Pictures, and Warner Bros. Entertainment Inc., in the first site blocking case which has ever been tried in CEE, by suing internet service providers with the aim of blocking pirate movies websites
  • British American Tobacco on a patent infringement case in relation to electronic cigarettes
  • Deroni Ltd., a large international food products producer, in a series of IP disputes for the protection of its trademark ‘Deroni’ in Romania against an important competitor
    Contact: Professor Lucian Mihai
    Tel: +40 31 405 7781
    Email: [email protected]
    Contact: Valentin Berea
    Tel: +40 31 405 7780
    Email: [email protected]

Litigation, arbitration and alternative dispute resolution:

  • Successfully represented Electrica in a EUR800 million litigation case against the Romanian Management Company for Ownership in Energy (SAPE) for alleged breaches of the post-privatisation monitoring obligations regarding former distribution subsidiaries of Electrica
  • Successfully represented SDEE Transilvania Nord (Electrica group) in front of the Bucharest Court of Appeal in a high profile dispute initiated by RCS-RDS, the largest Romanian telecom services provider, that intended to enter the electricity distribution market and was hence challenging through a series of high stakes administrative cases our client’s electricity distribution natural monopoly
  • Successfully represented RBS Bank in an ICC arbitration held in Vienna, in relation to a contractual dispute
    Contact: Valentin Berea
    Tel: +40 31 405 7780
    Email: [email protected]
    Contact: Professor Lucian Mihai
    Tel: +40 31 405 7781
    Email: [email protected]

Real estate:

  • Oresa on the acquisition of logistics and industrial park Solo Iasi from Tester Group
  • Prime Kapital on the sale of a real estate portfolio consisting of nine retail centres to MAS Real Estate
  • ING Tech, the global software development hub of the ING group, on the lease of an office space with an area of 13,000 sqm for the new headquarters of the company
    Contact: Alexandru Retevoescu
    Tel:+40 31 405 7784
    Email: [email protected]

Restructuring and insolvency:

  • Trenkwalder in relation to the financial distress underwent by the Romanian subsidiary and the alternatives available to the company in order to address such financial distress
  • Banca Comerciala Romana in the complex acquisition financing by Somaco Antrepriza (which is in its turn an investment of the Swedish investment fund Oresa Ventures), of the business of Europrefabricate (a company in insolvency). The matter involved complex issues combining the financing, acquisition and insolvency areas
  • RBS Bank, Citibank, ING Bank, Piraeus Bank on the restructuring of a syndicated credit facility and ancillary bilateral credit facilities granted to the companies within International Railway Systems group and on subsequent insolvency proceedings of the latter
    Contact: Alexandru Retevoescu
    Tel: +40 31 405 7784
    Email: [email protected]
Department Name Email Telephone
Corporate & M&A Costin Taracila [email protected] +40314057782
Banking & Finance Victor Padurari [email protected] +40314057783
Banking & Finance Alexandru Retevoescu [email protected] +40314057784
Corporate & M&A Mihai Ristici [email protected] +40314057785
Litigation and Competition Valentin Berea [email protected] +40314057780
Competition & M&A Roxana Ionescu [email protected] +40314057777
Corporate & M&A; Employment Alina Stavaru [email protected] +40314057777
Banking & Finance Cosmin Tilea [email protected] +40314057777
8 : Partners
40+ : Lawyers
English
Romanian
Bucharest Bar

CLIENT: Aleksandar Dragicevic, Principal
COMPANY/FIRM: MidEuropa Partners
TESTIMONIAL: “The best M&A team in town, their dedication and care to the client are unparalleled and thinking outside the box helps a lot in complex transactions needs.”


CLIENT: Gaetan Pacton, COO
COMPANY/FIRM: Profi
TESTIMONIAL: “It’s my turn to pass on my words of praise and appreciation for the support, assistance, professionalism, attitude, chemistry that existed between your team and mine. We were a family that had a common goal to achieve and that was solely focused towards finding the most pertinent solutions and that, even in the middle of the night, always had smiles on our faces, good spirits and the energy to build this fantastic transaction.”


CLIENT: Haris Hanif, CEO
COMPANY/FIRM: Orange Money Romania
TESTIMONIAL: “The role of RTPR lawyers was essential to the success of this transaction. We found a long-term partner in the RTPR team, and together we identified the most suitable solutions in a complex project with a positive impact on the future of Orange Money’s customers and teams. Their experience in the field, their professionalism, involvement, as well as their speed and ability to respond, were of great help to us and made us feel that we have a reliable partner by our side.”


CLIENT: Jean Valvis, Founder
COMPANY/FIRM: Aqua Carpatica
TESTIMONIAL: “As an entrepreneur who has built premium brands, I expect excellence from those I work with, and RTPR have fully lived up to their reputation, proving to be the most professional M&A lawyers in the commercial field, with full focus on results.”


CLIENT: Serban Roman, Vice president
COMPANY/FIRM: Enterprise Investors
TESTIMONIAL: “We are very satisfied with our cooperation with RTPR Allen & Overy that has been assisting us for the past 12 years in most of Enterprise Investors’ transactions in Romania. The extended M&A expertise of the firm’s lawyers, combined with their creativity and availability, convinced us to be partners throughout our investment in Macon, from acquisition to exit. We thank all those who were involved in this complex process and I am convinced we will have an equally close cooperation in the future.”


CLIENT: Yilmaz Karakas, Investment Manager
COMPANY/FIRM: CEECAT Capital
TESTIMONIAL: “Once more, we are very satisfied with our cooperation with RTPR Allen & Overy and enjoyed working with their team on this transaction. Combined with their extensive expertise in M&A practices, their negotiation and drafting skills, responsiveness and result oriented approach were the main decision factors for us. We believe they stand out as one of the best M&A legal advisory firms in the country and we thank all the team who was involved in this project. I am sure we will maintain our strong cooperation with RTPR Allen & Overy in future projects as well.”


CLIENT: Dewald Joubert, Partner
COMPANY/FIRM: Prime Kapital
TESTIMONIAL: “We are pleased to have had another very successful collaboration with RTPR Allen & Overy and look forward to continuing this in the future. The effective combination of their first class legal skills and their commercial understanding of the project, combined with their flexibility and total commitment to the matter, were essential in getting this transaction done on a challenging timeline and is very much appreciated.”


CLIENT: Bogdan Câmpianu, Managing Director
COMPANY/FIRM: Wood & Company Financial Services
TESTIMONIAL: “We enjoy working with RTPR Allen & Overy because they provide the type of expertise, devotement, business-mindedness and a mix of local and international resources that we need in capital markets deals. We always want lawyers that have a “can do” attitude and are deal-makers, but are also knowledgeable of what sophisticated investors are expecting from IPOs.”


CLIENT: Laurentiu Ciocirlan, Head of Investment Banking
COMPANY/FIRM: Raiffeisen Bank
TESTIMONIAL: “The RTPR A&O team are very responsive, reliable and committed, which is important for a successful IPO, and they gave us the comfort needed on the various stages of the IPO. Having worked together in the last three IPOs, Electrica, Medlife and Sphera, RTPR A&O is definitely one of the go-to firms for sophisticated or time sensitive transactions.”


CLIENT: Marius Marin, CEO
COMPANY/FIRM: Macon

TESTIMONIAL: “It was a real pleasure to work with RTPR Allen & Overy team not only on this project, but also in all the other stages of our collaboration started many years ago. During all these years and with each occasion I found in RTPR Allen & Overy team some excellent professionals, tremendously experienced, but also at least equally important, very special people with whom I grew a beautiful and sincere friendship. A team of lawyers which supported us in the most significant projects of Macon, the best team of lawyers in Romania.”


CLIENT: Cornel Soare, CEO
COMPANY/FIRM: Sano Vita
TESTIMONIAL: “The sale process was much more complicated than we imagined when we decided to start this and the sale of the business we built in 25 years was a very emotional moment for the shareholders. We appreciated the professionalism of the RTPR team led by Alina Stavaru for the way she guided us through the labyrinth of legal complexities, but mostly because during negotiations she shared her experience gained in other transactions of what you can and cannot obtain in an M&A deal. We successfully navigated together through this complex experience which was most likely a once in a lifetime one.”

 

CLIENT: Marius Ghenea, Managing Partner
COMPANY/FIRM: Catalyst Romania
TESTIMONIAL: “I have worked on many transactions with Alina and the RTPR team so far. As always before, the RTPR team of professionals had an excellent contribution in this complex deal with SmartBill, the buyer being one of the most important strategic investors in Europe, in the vertical business processes provided as SaaS (Software as a Service) technology.”

 

CLIENT: Marius Stefan, CEO
COMPANY/FIRM: Autonom Services
TESTIMONIAL: “The corporate bonds issue was a good learning opportunity for us. We are happy that we had professional partners with us. Mihai Ristici and his team, through their extensive expertise, have made a significant contribution to the success of this project. This is not the first time we have chosen RTPR as a partner. Each time we were impressed by the professionalism and involvement of those with whom we interacted. We recommend to any entrepreneur who wants to take their business to the next level, to have at least a discussion with the RTPR team”.

 

CLIENT: Irina Neacșu, Executive Director Corporate Finance
COMPANY/FIRM: BRD Groupe Société Générale
TESTIMONIAL: “We were happy that we had RTPR on our side, a professional team of lawyers. Their dedication allowed us to build a partnership rather than stick to a simple professional collaboration, thus facilitating the successful closing of the transaction.”


Pro bono and community

Our pro bono and community investment programme uses the skills and time of our people to find solutions to some of society’s most pressing issues. We organise our volunteering work around two major themes: ‘Access to justice’, and ‘Access to education and employment’.

Getting involved in pro bono and community work gives our people the chance to share their knowledge and experience through the local programmes run by our office. We try to create opportunities to use the skills of our people in the most effective way, whether they’re lawyers or professional support staff.

We work hard to achieve the same levels of excellence in our pro bono and community investment work as in everything else we do. We have some of the smartest and most capable people at RTPR and we use their skills and experience to best effect.

RTPR have been Highly Commended in the FT Innovative Lawyers Awards 2018, in the Rule of Law and Access to Justice category.

Diversity and inclusion

Our aim is to build an environment where everyone feels supported and comfortable in being open, and where the differences between our people create opportunities not barriers. Building a diverse and inclusive organisation is essential for our future success. It is everyone’s responsibility to drive progress and understand the standards and behaviours we should all abide by in our working lives.