Replete with expertise in transactions, regulatory matters and fintech finance, the practice at CMS is a first choice for major international banks and a large number of multinationals with operations in Romania. Acquisition finance is a standout strength of the department, and its sectorial approach to financing matters is a differentiator. Ana Radnev, who is dual English and Romanian qualified, is a veteran of high-profile transactions and is a noted figure in the CEE region. Radnev co-leads the practice group with Cristina Reichmann, who is a go-to name for fintech and digitalisation work in banking and financial services, in addition to receivables financing, NPL transactions, asset-backed finance, film financing and municipalities financing. Alina Tihan was promoted to the partnership in April 2025 and excels in the real estate sector. Adina Nanescu is regularly involved in cross-border financial transactions, and Tudor Naftica is involved across leveraged, corporate finance, real estate finance and restructuring transactions.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘The individuals we work with consistently distinguish themselves through an excellent combination of deep legal expertise, strong commercial acumen, and a highly collaborative working style. What sets them apart from many competitors is not just their technical skill, but their ability to understand our business drivers, anticipate challenges, and provide practical, timely advice — especially under pressure.’
  • ‘Their practice stands out for its ability to combine deep technical expertise with a highly commercial, solution-oriented mindset. What makes them unique is their consistent focus on delivering legal advice that is not only legally sound, but also actionable and aligned with their clients’ strategic and operational goals.’
  • 'What sets them apart from competitors is not only their legal expertise but also their collaborative style, accessibility, and genuine commitment to client success. We value their ability to act as trusted advisers who feel like an extension of our own team.’
  • 'Alina Tihan impresses with her precision, responsiveness, and calm under pressure — she consistently delivers high-quality work even on the tightest timelines.'
  • ‘Ana Radnev stands out as a strategic partner with an exceptional ability to simplify complex financings and guide negotiations with confidence and clarity. She combines deep technical knowledge with commercial pragmatism, always keeping the bigger picture in sight.'
  • ‘The team combines outstanding technical expertise with real commercial insight, making them stand out in cross-border banking and finance transactions. They are consistently responsive, pragmatic, and excellent at anticipating issues before they arise. Compared to other firms, their collaborative approach, seamless handling of multi-jurisdictional deals, and commitment to innovation and diversity make them feel like a true extension of our in-house team.’

Key clients

  • Rezolv Energy and Low Carbon L&C Properties Romania S.A. Erste Bank and BCR Raiffeisen Bank International AG and Raiffeisen Bank S.A. BRD UniCredit Bank S.A. Garanti BBVA Romania

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Leading associates

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

Practice head

Ana Radnev; Cristina Reichmann

Other key lawyers

Alina Tihan; Adina Nanescu; Tudor Naftica; Andreea Turcu; Diana Dona