Veteran firm Musat & Asociatii has a diverse client base of lenders and underwriters, including major domestic and international banks, investment firms and finance providers, as well as borrowers from a spread of economic sectors. It covers the gamut of financing models, as well as regulatory matters and contentious work. Leadership of the department is split between Monia Dobrescu, whose practice has an emphasis on project financing as well as relevant regulatory matters, and Răzvan Stoicescu, who services a significant portfolio of international banks and financial institutions. Cristian Cepesi and Robert Urmosi are the additional contacts to note.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Great team, approachable and good quality support.’
  • ‘The banking and finance team really stands out for us because they combine deep technical expertise with a very practical, commercial approach. They understand the pressures the client is facing on complex transactions and are always focused on getting the deal done efficiently without losing sight of the details. What we value most is their ability to anticipate issues before they arise, their responsiveness, and the fact that they genuinely feel like an extension of the client’s own team.'
  • ‘Monia Dobrescu really stands out as a partner because she combines exceptional technical expertise with a very pragmatic, client-focused approach. What makes her different from competitors is the way she is always accessible, proactive, and able to cut through complexity to provide clear, commercially sound advice. She has a calm authority in negotiations that inspires confidence and helps move deals forward smoothly, even under pressure.’
  • ‘Very personable team who work collaboratively led by banking partner Răzvan Stoicescu.'
  • ‘The banking and finance team feels like a true partner rather than just external counsel. They’re responsive, commercially aware, and always one step ahead in anticipating what’s needed. Their advice is clear, practical, and tailored — never just legal theory, but guidance that genuinely helps move a deal forward.’
  • ‘What really stands out is their consistency and personal commitment. Whether it’s a large cross‑border financing or a smaller, time‑sensitive matter, the same level of care, attention, and professionalism comes through. You feel they’re genuinely invested in your success, not just the outcome of the deal.'

Key clients

  • SNGN Romgaz SA
  • Hili Properties / Baneasa Real Estate SRL
  • JP Morgan, RBC, Citibank, Northern Trust, State Street, The Bank of New York Mellon, Brown Brothers Harriman & Co, BNP Paribas

Work highlights

Assisted Romgaz with the implementation of an EMTN program with a total value of €1.5bn and the issuance of the first tranche of bonds worth €500m.
Advising Hili Properties on entering into a multi-million euro facility agreement for the acquisition of the minority shareholding in Baneasa Real Estate SRL.
Advising JP Morgan, RBC, Citibank, Northern Trust, State Street, The Bank of New York Mellon, Brown Brothers Harriman & Co and BNP Paribas on their 2024 provision of securities custody services in Romania and related risks in insolvency of local custodians.

Lawyers

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Cristian Cepesi
Cristian Cepesi
Practice head

Monia Dobrescu; Răzvan Stoicescu

Other key lawyers

Cristian Cepesi; Robert Urmosi