NNDKP assists a syndicate of banks in connection with a new 278 million lei financing granted to Rodbun Group

Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted a syndicate of banks consisting of Banca Comerciala Romana (as mandated lead arranger, bookrunner, documentation agent, facility agent, security agent, and lender), CEC Bank (as mandated lead arranger and lender), Raiffeisen Bank (as mandated lead arranger and lender), Banca Transilvania and Banca Romaneasca (as lenders), in connection with new financing of lei 278 million (approximately EUR 56,3 million) granted to Rodbun Group, one of the leading agri-business companies in Romania. Rodbun is a fully Romanian-owned integrator…

NNDKP Assists in Relation to Complex Finance and Corporate Aspects

During the first part of 2021, AAylex Group, one of the leading Romanian players in the food industry, finalized the acquisition of Banvit, the local subsidiary of the Brazilian giant, BRF, through a transaction that represented a premiere on the domestic market. The project prompted yet another premiere for the Romanian business environment, with the acquisition being financed by CEC Bank and EximBank. The success of this transaction reconfirms the business model pursued by the AAylex Group which continues its plans to consolidate and streamline its activities. To this end, the group has launched…

NNDKP successful in a complex arbitral dispute over a claim amounting to approximatively lei 22 million

NNDKP successfully assisted and represented companies part of Efacec group, a supplier of solutions with presence in the energy, mobility, and environment value chain, before the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania against Brăila County, a local administrative authority from Romania. The arbitral dispute, whose duration spanned over four years, concerned the local authority’s claims against the contractor Efacec, arising from the performance of a contract for the design and execution of works related to the integrated waste…

NNDKP - Best Firm of the Year at the Romanian Top Lawyers Awards 2021

NNDKP was named Best Firm of the Year at the Romanian Top Lawyers Awards Gala 2021. The firm received the award during the 11th edition of the awards which recognises lawyers active in various business law areas for their professional achievement throughout 2020. The event was organised by Finmedia and Piata Financiara. This is the third distinction of Law Firm of the Year in Romania that NNDKP has received in 2021, which follows the accolades received during the Chambers Europe Awards Gala and the Romanian Legal Awards Gala.

Infrastructure Projects

The National Recovery and Resilience Plan (PNRR), prepared by the Romanian Government, covers reforms and public investment projects, supported by the European Commission. According to the Recovery and Resilience Facility, Romania will get approximately EUR 30 billion. In the road infrastructure field, in the proposed PNRR, Romania will allocate EUR 2.69 billion for various projects, including: Highways: A1 – section Margina – Holdea; total value of the project: EUR 302 million; A3 – section Nadaselu – Poarta Salajului; total value of the project: EUR 418 million; A8 – sections…

NNDKP Assists AAylex Group in Securing a EUR 20 Million Financing for the Group’s Expansion in Romania and in the Acquisition of Banvit Foods Romani...

Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted AAylex Group, one of the leading Romanian players in the food industry, controlled by entrepreneur Bogdan Stanca as majority shareholder, in securing the funds necessary for the Group’s expansion in Romania through the acquisition of Banvit Foods Romania. The AAylex Group, having former enterprise Avicola Buzau as its starting point, covers various operations ranging from genetics, feed production, breeding, incubation, broiler chicken farming to slaughtering and the distribution of processed chicken meat and value-added…

A Tax Dispute concerning VAT Fixed Establishments brought before the Court of Justice of the European Union after Obtaining its Referral to the Luxemb...

NNDKP CELF has successfully represented its client, a non-resident company, before the national court in which it has made a request for a preliminary ruling to the CJEU concerning the interpretation of the EU VAT Directive and Regulation as regards the existence of a VAT fixed establishment

NNDKP Assists Globalworth in Expanding its Industrial Activity in Arad and Oradea

NNDKP provided legal assistance to Globalworth in relation to the acquisition of two industrial projects, IPW Arad and IPW Oradea.

NNDKP Wins for the 5th Time the Much-coveted Law Firm of the Year Award at the Chambers Europe Awards Gala

NNDKP won the “Romania Law Firm of the Year” award at the Chambers Europe Awards gala, a hallmark event organised on 22 April 2021 by Chambers and Partners, one of the most prestigious directories dedicated to the legal services.

Romexpo Project

Romexpo, one of the largest exhibition centres in Romania, covering a total area of 300,000 meters, located in North Bucharest, may be developed in the largest real estate project in Romania.

NNDKP Assists a Syndicate of Banks in connection with a RON 84.5 million Financing Granted to Rodbun Group

NNDKP successfully assisted a syndicate of banks in connection with a RON 84.5 million (approximately EUR 17.2 million) financing granted to Rodbun Group, one of the leading agribusiness companies in Romania.

NNDKP Acts as Romanian Local Counsel in connection with CTP’s Listing on Euronext

(NNDKP was part of an international team of lawyers that assisted CTP in connection with its Initial Public Offering (IPO) on the Euronext stock exchange in Amsterdam.