Press Releases

Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted a syndicate of banks consisting of Banca Comercială Română (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 Românească (as lenders), in connection with a new financing of lei 278 million (approximately EUR 56,3 million) granted to Rodbun

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 ...

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 ...

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 ...

Nestor Nestor Diculescu Kingston Petersen (NNDKP) provided legal assistance to Globalworth in relation to the acquisition of two industrial projects, IPW Arad (Industrial Park West Arad) and IPW Oradea (Industrial Park West Oradea). With the successful completion of the acquisition, Globalworth Industrial, Globalworth's logistics and industrial sub-brand, extends its portfolio in another two cities in Romania, each with major potential for economic growth ...

Nestor Nestor Diculescu Kingston Petersen (NNDKP) won the “Romania Law Firm of the Year” award at the Chambers Europe Awards gala, a hallmark event organized on April 22, 2021 by Chambers and Partners, one of the most prestigious directories dedicated to the legal services. This is the 5th time NNDKP has received this much-coveted award, within a 12-year time span since Chambers and Partners started awarding this distinction to Romanian law firms ...

NNDKP successfully assisted a syndicate of banks consisting of Banca Comercială Română (as Documentation Agent, Facility Agent and Security Agent), CEC Bank, Raiffeisen Bank and Banca Românească in connection with a lei 84.5 million (approximately EUR 17.2 million) financing granted to Rodbun Group, one of the leading agro-business companies in Romania. Rodbun is a company-integrator of agricultural products and solutions, having an entirely Romanian capital and established in 2002 ...

Nestor Nestor Diculescu Kingston Petersen (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. NNDKP proudly acted as local counsel advising on Romanian law aspects on the project. “We are happy to have closely advised CTP, our long-standing esteemed client, on its exceptional milestone achievement ...

Nestor Nestor Diculescu Kingston Petersen (NNDKP) provided legal assistance to Banca Comercială Română (BCR) in relation to the transfer of ownership over the Bucharest Financial Plaza building, the former headquarters of the bank, located on Victoriei Avenue (Calea Victoriei), to Immofinanz, one of the most important real estate groups active in Central and Eastern Europe. Bucharest Financial Plaza is located in the proximity of Bucharest “ground 0” (city center). It covers a surface of 26 ...

On March 18, Chambers & Partners released the results of its 2021 European research, a benchmark when it comes to recognizing the best law firms and legal practitioners in the region. Nestor Nestor Diculescu Kingston Petersen (NNDKP) received strong recognition from clients and peers that reconfirmed its prime position on the Romanian business law market ...

NNDKP announced the 2021 class of promotions. * 1 lawyer enters NNDKP Partnership * 1 lawyer is promoted to the Managing Associate position and 3 lawyers are named Senior Associates * 9 practice areas of NNDKP (consultancy and litigation) and regional offices Timișoara and Cluj-Napoca where promotions were made * a total of 30 lawyers advance in their roles within NNDKP Roxana Abrașu (Employment & Labour) was promoted to Partner ...

NNDKP assisted Clinica Victoria in the transaction for establishing a partnership with EquiLiant Capital, the investment fund financed by Pavăl Holding, oriented towards investments in small and medium-sized companies. EquiLiant invested in Clinica Victoria, acquiring a minority stake in the company following an increase of the share capital ...

NNDKP successfully represented a company which is a member of a well-known French industrial group operating in the tools manufacturing sector, in a dispute having as subject matter the annulment of documents issued by tax authorities that imposed additional taxes in excess of 4 million lei as well as other penalties due to the incorrect application of the relevant tax regime in the area of transfer pricing ...

NNDKP has successfully assisted and represented a private company in a dispute resolved by the Bucharest Court of Appeals, concerning the requirements imposed on tenderers in a public tender procedure organized for the modernization of a Romanian railway line ...

NNDKP successfully assisted and represented one of the largest Italian entrepreneurs operating in Romania in infrastructure projects against the company that manages the national railway network. The litigation had a final settlement of over 5 years and concerned the claims of the contractor, made against the Contracting Authority in connection with the execution of the rehabilitation project of the Pan European Corridor IV, Vințu de Jos – Coșlariu section ...

Nestor Nestor Diculescu Kingston Petersen (NNDKP) provided legal assistance to DKV in the acquisition of Smart Diesel, the largest independent fuel company in Romania. DKV is the market leader providing cash-free service en route to the transport business on the European motorways and traffic roads. Through this transaction DKV continues its expansion strategy and consolidates its presence and client database in Eastern Europe ...

Nestor Nestor Diculescu Kingston Petersen (NNDKP) provided legal and tax assistance to Opel (Groupe PSA) in relation to the transfer of its Romanian business to Trust Motors, an independent importer for Peugeot, Citroen and DS brands. Following the completion of the transaction, the entire activity of Opel in Romania and its local team will be integrated into Trust Motors ...

NNDKP successfully assisted a syndicate of banks - comprising Banca Comercială Română S.A. (member of Erste Group), acting as Bookrunner, Mandated Lead Arranger, Documentation Agent and Facility and Security Agent, CEC Bank as Mandated Lead Arranger, and participating banks EximBank SA, Intesa Sanpaolo Romania SA and OTP Bank Romania SA – in granting an EUR 90 million loan facility to the Carmistin Group, one of the main players on the agricultural and zootehnical market in Romania ...

NNDKP assisted CTP, the largest developer and long-term manager of industrial and logistics parks in Romania and Central and Eastern Europe in the transaction that involved the acquisition of a 95.000 sqm area of buildings from the Australian group, Cromwell Property. “We are happy to have completed this acquisition, which was aimed at increasing CTP’s presence in the area of km 13, a key logistics location with direct access to the A1 highway ...

As the COVID-19 pandemic continues to spread across the globe, disrupting lives, communities and businesses, and putting countries under considerable strain, Nestor Nestor Diculescu Kingston Petersen (NNDKP) has set up the COVID-19 – Legal & Tax Resource Center. There you can access valuable knowledge and legal insights with respect to the implications of the coronavirus in various fields in Romania ...

Nestor Nestor Diculescu Kingston Petersen (NNDKP) announced today the 2020 class of promotions ...

Nestor Nestor Diculescu Kingston Petersen (NNDKP) starts off 2020 with a major project that will consolidate the legal & tax services structure offered to the business community of Cluj-Napoca (Cluj County) and the neighboring counties. After evaluating the needs of the legal market in Transylvania region and the expectations of the local clients, Nestor Nestor Diculescu Kingston Petersen (NNDKP) and the law firm of Păun Ciprian and Associates (PCA Law Office) decided to join forces and merge ...

NNDKP has assisted Globalworth, the largest office investor in Romania and Poland, in the transaction targeting the partnership with Global Vision, one of the largest construction and industrial parks management company in Romania in the development of a logistic project in Chitila (Ilfov County) on a 136.000-sqm land. The logistics project will be built on an investment of EUR 35.5 million ...

Nestor Nestor Diculescu Kingston Petersen announces the official formation of the ”Center for Excellency in Fiscal Disputes” (in Romanian NNDKP CELF), an NNDKP initiative that is the reflection of the intensive professional and scientific collaboration of over 10 years between the company’s dispute resolution and tax advisory teams ...

Bucharest, 4 March 2019 - Nestor Nestor Diculescu Kingston Petersen announced today its 2019 promotions. Roxana Abrașu (Employment) and Șandor Gal (NNDKP Brașov) were promoted to Managing Associate positions. Emanuel Bondalici (Dispute Resolution), Mihaela Ceaușescu (Dispute Resolution), Tudor Ciambur (Real Estate), Raluca Gabor (Corporate/M&A), Ion Loga (Timișoara office), Vlad Nicolae (Dispute Resolution) and Ionuț Stancu (Employment) were promoted to Senior Associate positions ...