PNSA advised Libra Internet Bank on its innovative partnership with Monese that enables Monese to offer RON denominated accounts to its Romanian customers. PNSA’s advice concerned regulatory matters, mainly in relation to KYC, AML, electronic money and other Fintech related… Read moreLibra Internet Bank and Monese launch Romanian IBAN accounts in RON
In the context of the worldwide spread of COVID-19 (coronavirus), which is increasingly disrupting supply chains, manufacturing, energy demand and transportation, impacting as well a wide range of industries, businesses in virtually any sector are likely to be affected. Such… Read moreCOVID-19: Financing Agreements. Implications
PNSA advised BRD Groupe Société Générale on its co-investment, along with Raiffeisen Bank and BCR, in CIT One, a company specialised in the transport, processing and storage of cash and other valuables, initially owned by BCR. CIT One will be… Read moreBRD, BCR and Raiffeisen Bank to split ownership of CIT One
PNSA advised its long-standing client Ameropa Group, worldwide leading Swiss grain and fertilizer trader, on the €324 million multicurrency revolving financing granted by a syndicate of banks composed of Banca Comerciala Romana, Raiffeisen Bank, ING Bank N.V. Amsterdam – Bucharest Branch and… Read morePNSA advised Ameropa Group on a €324 million syndicated financing
PNSA advised RI-GD Investments DAC, as lender, on the accession of two Romanian subsidiaries of an Irish agribusiness group to a EUR 30,000,000 financing. PNSA team included Alexandru Ambrozie (Partner), Codrin Luță (Managing Associate) and Teodora Cazan (Senior Associate).
PNSA advised its long-standing client Magnetto Wheels on the negotiation of a guarantee agreement under the framework of an €134m financing granted by IFC and Cassa Depositi e Prestiti S.p.A. Magnetto Wheels is a subsidiary of CLN S.p.A., one of… Read morePNSA advised Magnetto Wheels on a new significant financing
POPOVICI NIȚU STOICA & ASOCIATII advised Dedeman, the biggest Romanian entrepreneurial company with a turnover above €1bn, on the acquisition of The Office, a landmark project in Cluj-Napoca, in probably the largest office transaction outside Bucharest, from NEPI Rockcastle and… Read moreDedeman acquires The Office in Cluj-Napoca in probably the largest office transaction outside Bucharest
POPOVICI NIȚU STOICA & ASOCIAȚII assisted its long-standing client RTC Proffice Experience, a subsidiary of Swedish investment fund Oresa Ventures and a leading company in indirect workplace distribution, on the acquisition of the cleaning and hygiene products distribution of Paper… Read moreRTC acquires Paper Plus
Popovici Niţu Stoica & Asociaţii advised Dedeman on the acquisition of The Bridge, a new landmark office project in Bucharest with an approximately 80,000 sqm leasable area, from Forte Partners. This is considered by specialists the largest deal on the… Read morePopovici Niţu Stoica & Asociaţii advised Dedeman on the largest real estate transaction of 2018 in Romania
PNSA advised its long-standing client Medicover on the acquisition of a majority stake in Pelican Hospital, a major Romanian healthcare services provider. The acquisition concerns an 80% stake of the hospital and clinical business of Pelican. The remaining minority shareholders… Read moreMedicover acquires Pelican Hospital
