NNDKP Аssists Safety Broker in the Sale of an 80% Сtake to Unilink

December 2021 NNDKP has assisted Safety Broker, the largest independent insurance broker operating in Romania and in the Republic of Moldova, in the sale of 80% of the company’s shares to the Unilink group, leader on the relevant Polish market. Following the closing of the transaction, the minority stake will be held by Viorel Vasile (15% of shares), who will continue to act as CEO of the company and as a member of the board, and by Robert Niță (5% of shares), who will also continue to be on the board of the company. This transaction is part of the long-term development strategy of Safety…

NNDKP Advises Purolite in Relation to its Acquisition by Ecolab

December 2021 NNDKP has assisted Purolite Corporation and Purolite SRL in relation to the acquisition of the companies by Ecolab, as part of a broader, global acquisition process. The transaction is valued at approximately US$ 3.7 billion, placing it amongst the largest transactions of its kind closed this year, both at the global and national levels. NNDKP has provided assistance in all stages of the transaction and with other relevant aspects regarding the acquisition process, through the involvement of a multidisciplinary team of professionals, comprised of experts from the firm’s Corporate/M&A,…

One United Properties Plans EUR 234 million Nnvestment in 2022

December 2021 One United Properties, a major Romanian real estate company, plans to invest EUR 234 million for the expansion on the local market. The company has four residential and two retail projects under development, with new projects being planned. In the first nine months of 2021, One United Properties posted a turnover of approx. EUR 127 million and a profit of approx. EUR 48 million.

Modernisation of National Road 71 Baldana – Targoviste – Sinaia

January 2022 The tender for the modernisation of National Road 71 Baldana – Targoviste – Sinaia, with a total length of 109 km, was relaunched in January 2022. The value of the tender is estimated at EUR 197 million. The deadline for submitting bids is 10 March 2022.

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

August 2021 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…

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.

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.