Bancila, Diaconu si Asociatii SPRL > Bucharest, Romania > Firm Profile

Bancila, Diaconu si Asociatii SPRL
BUCHAREST TOWER CENTER, 22ND FLOOR
15-17 ION MIHALACHE BOULEVARD
BUCHAREST 011171
Romania

Romania > Tax Tier 1

Băncilă, Diaconu și Asociații SPRL fields a ‘proactive and knowledgeable‘ team of tax specialists and is considered by one cleint to be ‘simply the best tax/litigation practice in the CEE/SEE region‘. The firm represents domestic and international clients in a wide range of direct and indirect tax disputes reaching the highest level, including handling mandates relating to tax audits, contested tax assessment decisions, and VAT refunds. Non-contentious tax advice is also a mainstay of the practice. Highly regarded practice head and litigator Emanuel Băncilă is backed by an experienced team which includes senior associate Cristiana Ionescu, who is considered an ‘unprecedented expert, very pragmatic, highly available and extremely reliable‘.

Practice head(s):

Emanuel Băncilă

Other key lawyers:

Călin Stan; Corina Nicu; Cristiana Ionescu

Testimonials

‘This law firm has been representing us for many years in very complex tax cases and they keep delivering an unbeatable performance. This is simply the best tax/litigation practice in the CEE/SEE region.’

‘Cristiana Ionescu – unprecedented expert, very pragmatic, highly available and extremely reliable.’

‘They understand our business and the issues that we face from a legal perspective and have handled several cases sucessfully for us. They are proactive and have a strong professional team.’

‘They are proactive and knowledgeable.’

‘Very professional collaboration.’

‘Always available to solve and support the company, very professional.’

‘The practitioners are very well trained and kind.’

‘Professional probity, good professionals, kind and you can rely on them.’

Key clients

Electrolux Romania

Johnson Controls Group

Bunge Romania

Schaeffler Romania and Schaeffler Technologies

Adient group

Nestle Romania SRL

ENKA Construction and Development

Allianz-Țiriac Asigurări

Diamond Offshore Drilling

Merck Sharp & Dohme Romania

Work highlights

  • Represented two companies from the Diamond Offshore Drilling group in their challenge of a tax audit by the Romanian authorities, resulting in the successful suspension of the tax assessment proceedings.
  • Representing Electrolux in its challenge of a tax audit.
  • Representing three companies from the Johnson Controls Group in challenges before the tax authorities against the results of audits with liabilities of approximately €23m.

Romania > Commercial, corporate and M&A Tier 3

Băncilă, Diaconu și Asociații SPRL has an ‘efficient, talented, well organised and responsive‘ corporate and M&A team, which regularly handles complex international transactions. The firm has established longstanding commercial relationships with several leading corporates, including Honeywell and Roka Industry, and private equity groups, including BlackPeak Southeast Europe Growth Equity Fund. Managing partner Radu Diaconu and director Stefan Mantea are both brilliant lawyers with unique business understanding‘. Director Andrei Ștefanovici is also recommended.

Practice head(s):

Radu Diaconu; Stefan Mantea

Other key lawyers:

Andrei Ștefanovici

Testimonials

‘We have worked with the team for a long time and we must note that they always provide high quality legal work. They have capabilities to assist us on a broad range of matters. They reply quickly and accurately. Very strong legal knowledge always translated into easy understandable language.’

‘Radu Diaconu and Ștefan Mantea make a great team together. They are both brilliant lawyers with unique business understanding.’

‘They do very good work in various areas – corporate/M&A is their flagship practice. Very responsive and commercially-oriented.’

‘Ștefan Mantea is our main contact. He has great leadership and technical skills, very results-oriented. He always delivers top quality legal advice. One of the best M&A lawyers in Romania.’

‘The firm helped bring our international transaction to a successful close. There were several key moments when the entire deal depended on the staff of this law firm going the extra mile and they performed admirably.’

‘The team has accurate legal knowledge, they are efficient, talented, well organised and responsive. They supported us in a flawless manner throughout our project. They understand our needs and react fast. We are very happy to work with them.’

‘The team that assists us is lead by Ștefan Mantea – an exceptional lawyer, with a great business understanding. He has strong legal knowledge, but more importantly he provided outstanding leadership abilities, such as strategic thinking for solving major business challenges. Ștefan Mantea remained calm, committed and focused on our objectives during some of the most tough and long negotiations that we experienced in over 25 years. Communication skills are one of his strongest points.’

‘We have been working with the same legal team for years. The partner in charge, Andrei Ștefanovici, knows our several businesses inside out. He and his team give us the most appropriate advice whenever we ask, even if I catch him on the phone during holidays.’

Key clients

Roca Industry

BlackPeak Southeast Europe Growth Equity Fund

Vastint Romania SRL (IKEA’s real estate division)

SN Nuclearelectrica

Honeywell Corporation

DAAS Impex

CNMX Cinema Company

Interoil Agritrading  (part of Bunge Group)

Work highlights

  • Advising ROCA Industry on the acquisition of a 70% stake in Eco Euro Doors.
  • Assistance BlackPeak Capital with its investment into Verdino Green Foods.
  • Assisting the shareholders of a major agribusiness company with the €40m sale of their Romanian entity.

Romania > Employment Tier 3

Băncilă, Diaconu și Asociații SPRL has a significant track record of 'great exposure to many types of clients and industries which brings significant experience in the field'. The firm regularly advises major international clients, such as Cisco Systems, on local and cross-border employment issues, including related taxation and immigration matters. Managing associate Anca Atanasiu, who is ‘highly connected to market trends and changes in the legislation‘, leads the team.

Practice head(s):

Anca Atanasiu

Testimonials

‘Very professional team, high quality of service provided.’

‘The labour law services that we received were of a very good quality. We were satisfied by the technical skills of the team, the approach to the project and their availability and resources to deliver fast. We would really like to continue working with this team of lawyers in the future.’

‘I worked with Anca Atanasiu on several projects and we were very happy with her work. She was up to date with the recent legislative changes and had a good understanding of the law. She also replied quickly to our questions and helped us take decisions in a timely manner.’

‘The team is very professional. They help us with many employment-related matters. Their thinking is out of the box and very business and client-oriented. They are always available to assist very quickly on urgent matters. We feel that we really can rely on this team.’

‘Anca Atanasiu is a highly skilled professional and always ensures that deliverables are prepared in a high-quality manner. She was always open to any questions or matters we raised and she is very client dedicated. Highly connected to market trends and changes in the legislation.’

‘Very professional team, hard working and client-oriented. Great exposure to many types of clients and industries which brings significant experience in the field. Highly connected to market trends and changes in the legislation. Highly skilled and trained. Available to assist very quickly on urgent matters.’

‘Anca Atanasiu is a highly skilled professional who is really passionate about her work. She is very patient and always striving for excellence in delivering high quality legal advice.’

Key clients

Cisco Systems Romania

Ista Shared Services Romania

Work highlights

  • Advising Cisco Systems Romania on its day-to-day labour law issues.
  • Advising Ista Shared Services Romania on the implementation of its employees’ annual performance evaluation process and also on day-to-day labour issues.

Romania > Dispute resolution

Băncilă, Diaconu și Asociații SPRL handles a broad range of civil and administrative claims. Emanuel Bancila and managing associate Alexandru Oana are the key contacts.

Romania > Energy and natural resources

Băncilă, Diaconu și Asociații SPRL regularly handles major energy projects and transactions. Andrei Ștefanovici is the key contact.

Băncilă, Diaconu și Asociații SPRL (formerly Radu și Asociații SPRL) is a Romanian full-service law firm, offering both legal consultancy services and assistance before the courts of law, with a significant tax controversy practice.

Băncilă, Diaconu și Asociații SPRL is a member firm of Ernst & Young Global Ltd and part of the expanding EY Law global network, which has more than 2,400 lawyers and offices in over 90 jurisdictions.

Department Name Email Telephone
Corporate / M&A Radu Diaconu radu.diaconu@bdattorneys.ro +40 21 402 41 00
Corporate / M&A Stefan Mantea Stefan.Mantea@bdattorneys.ro +40 21 402 41 00
Employment Anca Atanasiu Anca.Atanasiu@bdattorneys.ro +40 21 402 41 00
Energy and natural resources Andrei Stefanovici Andrei.Stefanovici@bdattorneys.ro +40 21 402 41 00
Public projects Andrei Stefanovici Andrei.Stefanovici@bdattorneys.ro +40 21 402 41 00
Tax policy and controversy Emanuel Bancila emanuel.bancila@bdattorneys.ro +40 21 402 41 00
Tax policy and controversy Alex Slujitoru alex.slujitoru@bdattorneys.ro +40 21 402 41 00
Tax policy and controversy Calin Stan Calin.Stan@bdattorneys.ro +40 21 402 41 00
Tax policy and controversy Corina Muresan Corina.Muresan@bdattorneys.ro +40 21 402 41 00
Restructuring and insolvency Radu Diaconu radu.diaconu@bdattorneys.ro +40 21 402 41 00
Data protection, Regulatory Nicoleta Gheorghe Nicoleta.Gheorghe@bdattorneys.ro +40 21 402 41 00
Dispute resolution Emanuel Bancila emanuel.bancila@bdattorneys.ro +40 21 402 41 00
Banking and financial services Radu Diaconu radu.diaconu@bdattorneys.ro +40 21 402 41 00
Corporate / M&A Georgiana Nichita georgiana.nichita@bdattorneys.ro +40 21 402 41 00
Dispute resolution Alexandru Oana alexandru.oana@bdattorneys.ro +40 21 402 41 00
Banking, digital and financial services Gabriela Neagu Gabriela.Neagu@bdattorneys.ro +40 21 402 41 00
Public projects, climate change, sustainability, and transportation Andra Iftemie andra.iftemie@bdattorneys.ro +40 21 402 41 00
Real estate Alexandra Siminiceanu Alexandra.Siminiceanu@bdattorneys.ro +40 21 402 41 00
Photo Name Position Profile
Anca Atanasiu photo Mrs Anca Atanasiu Managing Associate
Andrei Boian photo Mr Andrei Boian Managing Associate
Emanuel Băncilă photo Mr Emanuel Băncilă Senior Partner, Leader of the tax controversy practice
Radu Diaconu photo Mr Radu Diaconu Managing Partner
Nicoleta Gheorghe photo Mrs Nicoleta Gheorghe Managing Associate
Andra Iftemie photo Ms Andra Iftemie Managing Associate
Stefan Mantea photo Mr Stefan Mantea Partner
Ana Mihai photo Ms Ana Mihai Managing Associate
Corina Muresan (Nicu) photo Mrs Corina Muresan (Nicu) Managing Associate
Gabriela Neagu photo Ms Gabriela Neagu Managing Associate
Georgiana Nichita photo Ms Georgiana Nichita Managing Associate
Alexandru Oana photo Mr Alexandru Oana Managing Associate
Alexandra Siminiceanu photo Ms Alexandra Siminiceanu Managing Associate
Călin Stan photo Mr Călin Stan Partner
Andrei Ștefanovici photo Mr Andrei Ștefanovici Partner
Number of lawyers : 2,400
at this office : 50
English
French
EY Law network

CLIENT: Ionuț Bindea, Chairman of the Board of Directors of Roca Industry
COMPANY/FIRM: Roca Industry
TESTIMONIAL: “ROCA Industry is, among other things, about partnership and win-win. The Băncilă, Diaconu și Asociații SPRL team understood our business principles, and, with a perfect professionalism, they led the transaction to completion, respectively a partnership from which both us and the sellers, but especially the company, stand to gain. We thank the Băncilă, Diaconu și Asociații SPRL team for the way they understood our particularities, for the openness and for the pro-business orientation.”


CLIENT: Dorian Macovei, Managing Director BlackPeak Capital
COMPANY/FIRM: BlackPeak Capital
TESTIMONIAL: “We are delighted to be able to make a new investment in an entrepreneurial business with extraordinary potential in the future together with a team of legal professionals, such as the M&A team of Băncilă, Diaconu și Asociații. I was impressed by the involvement and proactivity with which the two lawyers, Ștefan Mantea and Nicoleta Gheorghe, approached this project. I thank everyone for making this transaction happen in the best conditions!”


CLIENT: Mihai Anghel, Shareholder of GloriaFood
COMPANY/FIRM: GloriaFood
TESTIMONIAL: ”I would like to thank Radu și Asociații SPRL team for the legal assistance provided throughout the entire sale process. I value the contribution Ștefan Mantea had for the successful closing of the transaction.”


CLIENT: Ovidiu Andrieș, shareholder of Smart Diesel
COMPANY/FIRM: Smart Diesel
TESTIMONIAL: “I am delighted to have worked with the team of Radu și Asociații. Radu Diaconu and Ștefan Mantea had an essential contribution to the transaction and I would like to take this opportunity to thank them for their support.”

Băncilă, Diaconu și Asociații advises the founders of the Get’s Bet group in the sale of a 67% stake to Emma Capital

The founders of Get’s Bet Group, a leading Romanian operator in the gambling and sports betting sector, successfully finalized the negotiations for the sale of a majority stake to Emma Capital, a private investment fund established in 2012 by the businessman Jiří Šmejc. Băncilă, Diaconu și Asociații SPRL advised the founders throughout the entire process.

Băncilă, Diaconu și Asociații SPRL advises ROCA Industry on the acquisition of 70% stake in Eco Euro Doors

Băncilă, Diaconu și Asociații SPRL assisted ROCA Industry in connection with the signing of the agreement for the acquisition of 70% of the share capital of Eco Euro Doors, a Romanian manufacturer of doors for residential constructions, with a 27-year experience on the market and a turnover of almost Euro 13 million in 2021. The transaction is subject to the approval of the Competition Council.

Băncilă, Diaconu și Asociații SPRL assisted BlackPeak Capital in the transaction through which the fund invested in Verdino Green Foods

BlackPeak Capital invested in Verdino Green Foods, industry leader in vegetable alternatives to meat products in Central and Eastern Europe. With a range of over 60 food products listed in more than 2,000 grocery stores in Romania, Switzerland, the Netherlands, Spain, North Macedonia, Serbia and the UK, Verdino offers sustainable alternatives to meat products based on vegetable protein.

Radu și Asociații SPRL becomes Băncilă, Diaconu și Asociații SPRL

Radu și Asociații SPRL, member firm of EY Romania, becomes Băncilă, Diaconu și Asociații SPRL, taking over the names of the partners Emanuel Băncilă and Radu Diaconu.

Oracle acquired GloriaFood on June 25, 2021. Radu și Asociații SPRL assisted the seller

GloriaFood, which provides innovative software-as-a-service (SaaS) solutions dedicated to the global HORECA industry, was acquired by Oracle.

Roxana Dudău becomes associate partner and leader of the real estate practice of Radu și Asociații SPRL

As of 1 July 2021, Roxana Dudău joins Radu și Asociații SPRL as associate partner and leader of the real estate practice.

Radu și Asociații SPRL assisted S.N. Nuclearelectrica S.A.

Radu şi Asociații SPRL provided legal assistance to S.N. Nuclearelectrica S.A., the only nuclear energy producer in Romania, with respect to the project concerning the taking over of the uranium oxide processing line from Compania Națională a Uraniului S.A., Feldioara Branch.

Visionapartments acquires Majestic Hotel in Bucharest

Radu și Asociații SPRL assisted Visionapartments, the leader of the Swiss market of renting out serviced apartments, in relation to the acquisition of Majestic Hotel in Bucharest.

The sale of the Smart Diesel fuel card business towards the German group DKV

Radu și Asociații SPRL has assisted the shareholders of Smart Diesel in relation to the sale of the Smart Diesel fuel card business towards the German group DKV Radu şi Asociații SPRL offered legal assistance to Romanian entrepreneurs Ovidiu Andrieș and Daniel Imbre, founders of the largest independent gas station operator in Romania (Smart Diesel), regarding the sale to the German group DKV of the Smart Diesel fuel card business.

The merger of the three distribution companies of Electrica

Radu şi Asociații SPRL assisted Electrica in relation to the merger process of its three distribution companies Radu și Asociații SPRL provided legal assistance to the Electrica group regarding the merger process through which Societatea de Distribuție a Energiei Electrice Transilvania Nord S.A. absorbed two other distribution companies within the group: SDEE Transilvania Sud S.A. and SDEE Muntenia Nord S.A. Following the merger, a single company continues to exist, respectively, Distribuţie Energie Electrică Romania S.A. (DEER). As of the 1st of January 2021, DEER offers services in 18 counties, in three geographical areas of the country, towards 3.8 million users. Thus, the new company becomes the most important national electricity distribution operator, with a coverage of 40.7% of Romania.
  • Tax