Leroy şi Asociaţii is legal counsel to the International Finance Corporation (IFC), the investment division of the World Bank, on the listing of shares representing 49% of the share capital of Purcari Wineries, on the spot regulated market operated by the Bucharest Stock Exchange. The…
Category: News
Entrepreneurship made in RO, a magnet for foreign investors
Currently this article is only available in Romanian. (more…)
Leroy şi Asociaţii lawyers say that the new legislation for public procurement is a step forward in the process of de-bureaucratization and creates premises for improving the access of SME's to the procedures of contract attribution.
Currently this article is only available in Romanian. (more…)
Amendments to tax legislation with impact in the IT industry
The Romanian Ministry of Finance has recently passed Order no. 3337/2017 which extends the category of software developers who benefit from income tax exemption (“Order 3337/2017” or the “New Order”). Order 3337/2017 was published in the Official Gazette of Romania, Part 1, No. 52/18.01.2018. The…
The Leroy şi Asociatii lawyers have assisted their clients in 10 complex financing projects over the past year. The Banking & Finance practice provides 25% of the firms revenues.
Currently this article is only available in Romanian. (more…)
New guidelines on personal data processing at work
The focus on personal data protection is today at its peak, considering the upcoming replacement of the Data Protection Directive 95/46/EC (the “DPD”) with the General Data Protection Regulation 2016/679 (the “GDPR”), starting 25 May 2018. Opinion no. 2/2017 on data processing at work (hereinafter…
The list of transactions that the lawyers of the Albalact and Covalact buyer have been involved in over the past three years. Bruno Leroy, Partner Leroy și Asociații: "The only difficulty for the foreign investors in the M&A market is to find projects that are large enough. We will be seeing significant moves in the agriculture sector." Andreea Toma, Partner Leroy și Asociații: "Mergers and acquisitions have brought 70% of our last year's revenue. We foresee a growing number of transactions for the second part of the year."
Currently this article is only available in Romanian. (more…)
#countryfocus | Romania set to capitalize on new investment wave
There is a significant number of investors on the Romanian market, and a rising number of potential ones. Companies that have never done business here have recently announced their intention of entering the market and investors already present, have lately made new investments. The market…
Leroy și Asociații advised Lactalis on acquisition of Albalact minority stakes
This follows the assistance provided to the French group regarding the voluntary public takeover bid of Albalact. Leroy şi Asociaţii advised the French group Lactalis on the procedure of withdrawal of the minority shareholders of Albalact (squeeze out). This procedure successfully completed the largest transaction…
Bruno Leroy: Investment funds are taking a closer look at Romania, especially at companies in the banking and energy sectors.
Currently this article is only available in Romanian. (more…)