PNSA advised Ameropa Group on a €324 million syndicated financing
PNSA advised its long-standing client Ameropa Group, worldwide leading Swiss grain and fertilizer trader, on the €324 million multicurrency revolving financing granted by a syndicate of banks composed of Banca Comerciala Romana, Raiffeisen Bank, ING Bank N.V. Amsterdam – Bucharest Branch and UniCredit Bank.
PNSA advised Magnetto Wheels on a new significant financing
PNSA advised its long-standing client Magnetto Wheels on the negotiation of a guarantee agreement under the framework of an €134m financing granted by IFC and Cassa Depositi e Prestiti S.p.A.
PNSA advised an Irish financial institution on a EUR 30,000,000 financing
PNSA advised RI-GD Investments DAC, as lender, on the accession of two Romanian subsidiaries of an Irish agribusiness group to a EUR 30,000,000 financing.
Enforcement and Sanctions under the GDPR
By Alexandru Ambrozie, Partner Popovici Niţu Stoica & Asociaţii and Luana Dragomirescu, Managing Associate Popovici Niţu Stoica & Asociaţii
Data Privacy Impact Assessment at a glance / All you need to know
By Alexandru Ambrozie, Partner Popovici Niţu Stoica & Asociaţii and Luana Dragomirescu, Managing Associate Popovici Niţu Stoica & Asociaţii
New Partners with POPOVICI NIŢU STOICA & ASOCIAŢII
January 2018 POPOVICI NIȚU STOICA & ASOCIAȚII promotes three lawyers to partnership.
GDPR: Relations and responsibilities in the processing of personal data
GDPR: Relations and responsibilities in the processing of personal data (controllers, processors and sub-processors) There is no doubt that every company processes personal data (e.g. of its’ employees’, clients’, contractual partners’). Most often, this also involves a constant barter between companies processing personal data and companies providing various services (e.g. HR, IT, payroll, datacenters, cloud …
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Recent changes to the Labour Code. Tougher rules aimed to tackle undeclared work
By amending the Labour Code in August 2017, via the Emergency Ordinance no. 53/2017, the Government toughened the rules on conclusion and declaration of employment contracts and facilitated the authorities’ control activities in the sensitive area of undeclared work. Some of the main changes introduced by EGO no. 53/2017 are related to the registration of …
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Strengthening the Fight against Money Laundering and Terrorism Financing
Laundered money is oxygen to crime, terrorism and tax-avoidance. We need to cut off its supply as best we can. Today's stronger rules are a big step forward but we now need quick agreement on the further improvements the Commission proposed last July", “(…) The new rules as of today are crucial to closing further …
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