The Romanian government has introduced a EUR 450 m state aid scheme to incentivise investments across key sectors of the Romanian economy. The core objective of this initiative is to provide non-repayable funding to private enterprises undertaking investments with a… Read moreRomania unveils state aid scheme to boost private investments
International law firm CMS has advised global energy company Iberdrola on the agreement to sell Eolica Dobrogea One wind company, their Romanian 80MW wind energy production facility, to Premier Energy Group, for EUR 88m. This deal marks Iberdrola’s full exit… Read moreCMS advises Iberdrola on the sale of its wind power assets in Romania
International law firm CMS has extended on a long term its lease contract at One Tower in Bucharest and expanded its office space by an additional 350 square meters. This extension underscores the strong partnership between CMS Romania and One… Read moreCMS expands its office space and extends on a long term its lease contract at One Tower
International law firm CMS has advised longstanding client Public Power Corporation SA (PPC) on the strategic Cooperation Framework Agreement (CFA) for the development and construction of almost 90 solar projects of up to 2000MW in Romania, Italy, Bulgaria, and Croatia…. Read moreCMS advises PPC on a landmark cooperation agreement with MYTILINEOS Energy & Metals for the development of a solar portfolio of up to 2GW in 4 countries
On 28 March 2024, Romania enacted Law No. 64/2024 on amending and supplementing certain laws on tobacco products, implementing important restrictions on the marketing, sale and packaging of tobacco products, electronic cigarettes, heated tobacco products and related products in Romania…. Read moreRomanian law tightens restrictions on sale of tobacco, electronic cigarettes, heated tobacco products and related products
International law firm CMS has advised PPC Renewables on the successful completion of their acquisition in Romania of an 84 MW operational wind farm from Lukoil Group, a deal that was signed and announced in 2023. Located in Tulcea, the… Read moreCMS advises PPC on completion of acquisition of 84 MW operational wind farm in Romania
International law firm CMS has advised automotive manufacturing company Ford Otosan Romania SRL (Ford Otosan Romania) on a EUR 435m financing from a syndicate of banks, arranged by SOCIETE GENERALE and BRD GROUPE SOCIETE GENERALE S.A., as Coordinating Mandated Lead… Read moreCMS advises Ford Otosan on EUR 435 Million financing
CMS has announced the findings of the 16th edition of the CMS European M&A Study 2024, offering an in-depth analysis of the mergers and acquisitions landscape based on transactions CMS advised on. The Study analyses a record 559 deals throughout… Read moreCMS European M&A Study 2024
International law firm CMS has advised The Cicor Group (Cicor), one of Europe’s fastest-growing developers and manufacturers of high-reliability electronics for the medical, industrial, aerospace and defence markets, on its acquisition of 100% of the shares of Romanian engineering company,… Read moreCMS advised The Cicor Group on acquisition of Evolution Medtec Srl in Romania
The Ministry of Energy has put the ESCO framework contracts for industry and local authorities into public consultation until 12 of February 2024. The draft contracts represent an integrant part of the already adopted Government Decision No. 1329/2023 regulating the… Read moreRomania announces public consultation for ESCO contract models
