Firm Profile > Kinstellar > Bucharest, Romania


Restructuring and insolvency Tier 1

Kinstellar has earned itself an excellent reputation for contentious and non-contentious insolvency and restructuring proceedings. Recently, the firm has been very active pursuing the interests of creditors, including financial institutions, in the recovery of assets of several high-profile insolvencies. The team is also regularly referred work by major international firms on cross-border insolvencies. Bogdan Bibicu is highly rated for his non-contentious expertise, while Remus Codreanu handles the litigation side. Senior associate Smaranda Văcaru is also noted.


‘A competent team with a friendly, open minded and flexible approach to managing transactions. Excellent professionals.’

‘I had an outstanding collaboration with partner, Bogdan Bibicu, and associate Smaranda Vacaru. Both are highly energetic, have easy-going personalities and excellent knowledge of law, and were always available to discuss possible ways to make the deal go forward while considering the interests of all parties involved.’

Key clients

EFG Bank (Luxembourg)

Agera Pharm


BRD Group Societe Generale

European Bank for Reconstruction and Development (EBRD)

Logistic Contractor

MKB Bank Zrt.

Comdata Spa

Banking and finance Tier 2

Kinstellar is popular with banks, multilateral lenders, and borrowers, and the Bucharest team often forms an important cog in broader regional financings that the firm advises on. Beyond transactional matters, the lawyers also handle regulatory compliance, risk and banking litigation. Bogdan Bibicu leads the team with strong support from counsel Zsuzsa Csiki.


‘The team is very responsive and provides helpful, commercial advice on regulatory queries. We have asked them for introductions to other firms in the region and they have also always been able to make good suggestions.’

‘Bogdan Bibicu is very responsive and provides good commercial advice.’  

Key clients


ING Bank



Credit Agricole



The European Investment Fund

Kallisto Group

Dispute resolution Tier 2

Kinstellar is a popular choice for domestic and cross-border disputes, and practice heads Bogdan Bibicu and Remus Codreanu attract praise from clients. The team has a good background in most administrative and civil claims, including employment, public procurement and insolvency disputes, and is also experienced in white-collar criminal defence.


‘Experienced lawyers with strong technical background, providing balanced and client-friendly advice.’

Key clients

CMC Electronics Aurora

Laboratoires Madaus -Rottapharm – Mylan

Dow Europe

Inteva Products

Colakoglu Metalurji

Bancpost SA and ERB New Europe Funding II

Air Liquide Vitalaire Romania

Idea Bank

FBR Forest One

APM Terminals Romania


WTA Tour

IKEA Romania

Buildings Developments

Siemens Mobility and Siemens Rail Automation


Employment Tier 2

Clients are quick to praise the 'extremely committed' team at Kinstellar, which is led by Remus Codreanu. The practice covers all the bases in terms of contentious and non-contentious employment expertise, but stands out for its  international network and its 'years of experience and interaction with the Romanian authorities'.


‘They are highly professional, proactive and experienced. Their expertise is relevant and sustained. They are the best local lawyers we have worked with recently.’

‘Experienced lawyers providing comprehensive and technically strong advice.’

‘All team members are very competent, have a professional approach, and act fast on needed responses. They also have a very customer oriented approach. When they reply the reply covers all that’s needed and after that you don’t have any other open items. In other law firms they only write a reply to your question and not the whole context.’

Key clients




AECOM Technology Corporation

Idea Bank



Dow AgroSciences Export

Visteon Electronics

Real estate and construction Tier 2

Kinstellar's strong team is led by Victor Constantinescu, which has  been very active on the transactional front in the past year. This has included advice to buyers and sellers on several milestone deals, including a number in the industrial and logistics sectors. The firm also acts for major retail, office and industrial lessors and also has plenty of expertise in real estate financings.


‘The team has a very good understanding of both the intricacies of Romanian law and the needs of real estate development. It is well structured and work is very efficiently delivered.’

‘In-depth knowledge of real estate and construction law, robust practical experience in real estate transactions – both share deals and asset deals, very good knowledge of local market practice, diligence, commitment, efficiency, perfect responsiveness. Compared to other firms – unmatched responsiveness and readiness to help. Very nice and friendly attitude.’

‘Victor Constantinescu leads the team with a very good managerial approach and good client relationship focus. He has good overview of the overall project situation and steps in where necessary to provide support.’

‘Florina Tomas stands out as a promising associate able to handle complex assignments.’

Key clients


Cromwell Property Group

Lion’s Head Investments

Ballymore Group

VGP Parks

Adval Asset Management

Element Industrial

MolsonCoors Global Business Services

Goldmark Property Management

RPF Developments

M1 Real Estate

Frontier Estates

TMT Tier 2

Kinstellar is a popular choice with IT, media and telecoms clients, particularly when it comes to the implementation of multi-jurisdictional projects. Bogdan Bibicu has good expertise in the full range of regulatory, data protection, cybersecurity, and advertising issues, and also provides strong support on M&A and outsourcing deals. The firm is also praised for its related pro bono advice to NGOs.


‘The team led by Bogdan Bibicu was friendly and human, and they find the right balance between being perfectly professional and being genuinely interested to help beyond what was expected from them.’

Key clients

British Telecom


De Brauw Blackstone Westbrock

The Walt Disney Company

Russing Med Holdings

Osborne Clarke LLP

Linklaters LLP

Idea Bank S.A.


Teva Pharmaceuticals


Hipocrate 2000

Gibson Dunn

White-collar crime Tier 2

Kinstellar has an experienced team of litigators, well versed in investigations, enforcement proceedings, compliance, strategic risk management and white-collar criminal defence. The firm's CEE network makes it a strong choice for international clients with regional anti-corruption issues. Practice heads Bogdan Bibicu and Remus Codreanu have considerable experience.


‘An experienced team with excellent rapport with law enforcement.’

‘The team is strong and reliable. In this very difficult case, I have been able to appreciate the quality of the legal advice and, more than anything, the quality of their approach. Top team.’

‘Bogdan Bibicu is a leading lawyer in white-collar crime.’

‘Remus Codreanu and Bogdan Bibicu are available any time, dedicated to the case, the client and, they have been able to be fully part of the defense team.’

Key clients

WTA Tour

Building Developments




ING Bank

UniCredit Bank

Capital markets Tier 3

Kinstellar has a full-service capital markets practice led by Bogdan Bibicu. The team provides a mix of advice to underwriters and issuers, and has recently been very active on the regulatory front, particularly with regard to MIFID II.

Key clients

ING Bank

Continental Capital Markets

Credit Suisse

Safecap investments

Credit Agricole




Commercial, corporate and M&A Tier 3

Kinstellar offers a high-quality corporate service, both as a day-to-day adviser on domestic commercial issues of every stripe, and as transactional counsel on complex M&A. The firm's independent network of offices in Eastern Europe and Central Asia makes it an attractive hub for major cross-border deals, of which the Bucharest office is a key component. Razvan Popa is noted for his corporate and private equity expertise.


‘The team performed in a highly proficient way. They were all dedicated and well-prepared.’

‘Razvan Popa is a true professional, devoted entirely to his clients.’

Key clients

Liberty Steel

Leo Pharma


Inteva Products

Industrious National Management Company

Acquisition Services Limited

Promat Comimpex and Agroind Cauaceu

Alychlo/Ceres Pharma NV

Pandora Media Inc.

Idera Inc.


Inteva Products

Nestlé Romania


Cerner Romania

Dow Chemicals


Energy and natural resources Tier 3

Kinstellar is a strong choice for transactional and regulatory advice, and the team has a strong focus on EU energy law, environmental issues, and energy-related disputes. Clients are able to benefit from the firm's strong regional network. Iustinian Captariu leads the well-regarded team.

Key clients

China Three Gorges


MET Group

DXT Commodities

Unit Group

The firm: Kinstellar is a leading independent law firm in Emerging Europe, Turkey and Central Asia, with offices in Almaty and Nur-Sultan (Kazakhstan), Belgrade (Serbia), Bratislava (Slovakia), Bucharest (Romania), Budapest (Hungary), Istanbul (Turkey), Kyiv (Ukraine), Prague (the Czech Republic), Sofia (Bulgaria) and Tashkent (Uzbekistan).

Operating as a single fully integrated firm, Kinstellar delivers consistently high-quality services across all jurisdictions in an integrated and seamless style. We are particularly well suited to servicing complex transactions and advisory requirements spanning several jurisdictions.

Our key highlights are: 11 offices, 250+ lawyers, 6,500+ matters.

Kinstellar’s senior team in Bucharest has advised on many of the most significant transactions in Romania in the last ten years. Our Bucharest office provides unparalleled local legal expertise and top-quality client service. Many of our senior lawyers have a legal education in both the common law and civil law systems and experience in top-tier international law firms. This enables us to bridge the gap for foreign investors by avoiding ambiguities and speeding up legal processes.

Areas of practice: As a core element of Kinstellar’s consistent regional coverage, our Bucharest office provides comprehensive service to clients active in Romania’s key industry sectors, including automotive, banking and financial services, energy, healthcare and pharmaceuticals, manufacturing, natural resources, real estate, retail and telecommunications.

Our legal expertise includes capital markets, corporate/M&A, competition/anti-trust, infrastructure projects, intellectual property, private equity and privatisation. The Bucharest office consistently receives high rankings in the international legal directories and is recognised as having particularly strong dispute resolution and compliance, risk, and sensitive investigations practices.

Department Name Email Telephone
Banking, Finance and Capital Markets Bogdan Bibicu
Competition and State Aid Iustinian Captariu
Compliance, Risk and Sensitive Investigations Bogdan Bibicu
Dispute Resolution Remus Codreanu
Employment & Labour Law Remus Codreanu
Energy & Natural Resources Iustinian Captariu
Infrastructure & Projects Bogdan Bibicu
Infrastructure & Projects Iustinian Captariu
Intellectual Property Remus Codreanu
M&A & Corporate Razvan Popa
NPLs & Distressed Assets Razvan Popa
Real estate, Construction & Planning Victor Constantinescu
Restructuring & Insolvency Bogdan Bibicu
Tax Bogdan Bibicu
Technology, Media & Telecommunications Bogdan Bibicu
Photo Name Position Profile
 Bogdan Bibicu photo Bogdan Bibicu
 Iustinian Captariu  photo Iustinian Captariu
 Remus Codreanu photo Remus Codreanu
 Victor Constantinescu  photo Victor Constantinescu
 Zsuzsa Csiki  photo Zsuzsa Csiki
 Răzvan Popa  photo Răzvan Popa
Number of lawyers : 200
Other offices : Almaty
Other offices : Belgrade
Other offices : Bratislava
Other offices : Budapest
Other offices : Istanbul
Other offices : Kyiv
Other offices : Nur-Sultan
Other offices : Prague
Other offices : Sofia
Other offices : Tashkent