RTPR wins CEE Legal Matters 2020 Deal of the Year Award for Romania

Central and Eastern Europe’s premiere legal publication, CEE Legal Matters, has recently announced the winners of 2020 CEE Deals of the Year. RTPR wins the 2020 Deal of the Year for Romania for its work on Macquarie Infrastructure and Real Assets’ acquisition of CEZ Group in Romania. This is the largest M&A deal in Romania in the last 12 years and it is considered to be the 4th largest deal ever concluded in Romania.

RTPR team was coordinated by Managing Partner Costin Taracila and involved several workstreams led by: Senior Associate Bogdan Cordos (general coordination and due diligence), Counsel Victor Rusu (Corporate), Counsel Cosmin Tilea (Financing), Counsel Roxana Ionescu (Competition). They were supported by a multi-disciplinary team that included Partner Alexandru Retevoescu, Counsel Alexandru Stanoiu, Senior Associates Bianca Eremia and Vicu Buzac, Associates Petru Ursache, Cristi Porojanu, Andreea Stoiciu, Cezara Urzica, Codrina Simionescu and Junior Associate Laura Costea. Allen & Overy provided advice on English law aspects of the transaction.

This is the fourth edition of the awards granted by CEE Legal Matters and it celebrates the most important deals that were signed in 2020 in 22 jurisdictions in the region. The jury was made of prominent lawyers across CEE and the selection involved a two-step analysis process. Finalists were announced in March, following the selection made by a panel of legal experts in each country, while winners for each jurisdiction being elected by a second group of experts with widely recognised regional expertise and experience. RTPR was shortlisted with 2 deals, out of the 4 selected for Romania, namely the winning MIRA’s acquisition of CEZ Group in Romania and Aegon’s sale of its operations in Romania to Vienna Insurance Group, as part of a regional deal which included Hungary, Poland, Romania, and Turkey.

We are honoured to receive this award which reconfirms our position as a leading transactional firm in Romania. On behalf of our entire team I would like to extend our congratulations to our client, Macquarie Infrastructure and Real Assets (MIRA), and to thank them once again for entrusting us with this landmark deal. My appreciation goes to our long-standing partners at Allen & Overy with whom we teamed up on this transaction, as well as to our fantastic project team for their involvement and hard work.”, declared Costin Taracila.

At the first edition of the CEE Legal Matters Awards held in 2018, RTPR won CEE Deal of the Year Award for Romania for advising the shareholders of A&D Pharma, the largest pharma group in Romania, operating wholesale, retail and marketing & sales business and with operations in CEE as well, on the sale of the entire group to Dr Max, the Czech pharmacy chain owned by Penta Investments.

RTPR is one of the most appreciated and well-known law firms in Romania. The team has unparalleled experience in various practice areas, being regularly involved in the largest and most sophisticated deals in Romania and in the region. The quality of the team and of the services they provide is recognised at international level, the most important legal directories Legal 500, Chambers & Partners and IFLR1000 rank the firm on the top tier every year, while RTPR lawyers are recommended as Leading Lawyers.