Mrs Elena Iacob > Zamfirescu Racoti Vasile & Partners > Bucharest, Romania > Lawyer Profile

Zamfirescu Racoti Vasile & Partners

Work Department

Banking and Finance, Public Procurement, Competition




Elena Iacob is Co-Coordinator of the Banking & Finance department and heads the Competition and Public Procurement practices.

Elena has extensive experience in banking and finance, capital markets and competition. She has assisted numerous banks and non-banking financial institutions in statutory and regulatory matters, drafting and reviewing standard documentation for financial products and services, analysis of guarantees, assisting in secured and unsecured loan transactions, syndicated facilities, creation and perfection of guarantees and securities. She has been involved in complex transactions ranging from project finance, restructuring, assignment of portfolios, mergers, acquisitions and regulatory projects.

Elena successfully coordinated the project for the European Investment Bank regarding the transposition of the new EC Procurement Directives and Remedy Directives into Romanian legislation, and acts for clients in all matters of public procurement law.

Prior to her joining Zamfirescu Racoti Vasile & Partners she headed the legal department of a top ten Romanian bank, member of an international banking group. During the pre-accession period, she acted as in-house lawyer for a competition authority responsible with the transposition of EU competition rules in Romanian legislation.


Romanian, English, French


  • National Association of Romanian Bars
  • The European Association of Banking and Financial Law Romania (founding member)


  • BA in Law, Faculty of Law, University of Bucharest | 1996
  • Post-graduate Studies in Business Law and International Cooperation, Franco-Romanian Institute of Business Law and International Cooperation Nicolae Titulescu – Henri Capitant | 1998
  • BA in Economics, Faculty of International Business Relationships, Academy of Economic Studies Bucharest | 2003

Lawyer Rankings

Romania > PPP and procurement

Zamfirescu Racoti Vasile & Partners has ‘vast expertise‘ in the projects and public procurement sphere, with the ability to ‘outsmart their competition on the market by bringing a multidisciplinary vision in each case they handle‘. The firm is particularly well regarded for contentious work, due to its deep bench of noted litigators, including Monica Strimbei, ‘an excellent lawyer with remarkable knowledge and intuition in the area of PPP‘. This is coupled with strong credentials on the non-contentious side, where the firm assists private and public sector clients with the tender process and all related issues; on this front, Elena Iacob is ‘an outstanding source of advice on any type and angle of public procurement related matters‘.

Romania > Banking and finance

Zamfirescu Racoti Vasile & Partners fields an ‘ excellent and sophisticated‘ team which regularly assists both borrowers and lenders. The firm’s market-leading reputation for litigation naturally extends to its representation of banking clients in high-profile disputes. Non-contentious regulatory and transactional advice also feature prominently in the firm’s workload, and clients note that the lawyers ‘know how to get the best deal’. Senior partner and founder Ioana Racoti and partner Elena Iacob ‘both provide great counsel and are truly committed to the deal‘.

Romania > EU and competition

Zamfirescu Racoti Vasile & Partners is ‘exceptionally well equipped to handle high-profile competition work because of an outstanding combination of industry and legal knowledge‘. Litigation is a core focus, with the firm regularly challenging Competition Council rulings before the courts. The team also guides companies and industry bodies through investigations, and advises on the implementation of risk management and compliance programmes. Elena Iacob‘s depth of experience and knowledge is standout, while Ioana Racoti understands the most intricate of technical details’. Clients also highlight ‘efficient and persuasive‘ associate Violeta Saranciuc.