Ready to say “Farewell 2019”, we add yet another page to our story of challenging the standards. We are looking back on an eventful and dynamic year for us, with projects that have added value, unlocked opportunities and made a real contribution to our constant evolution.

Government Decision no. 935/2019 on the establishment of the minimum gross base salary guaranteed for payment at national level was published within the Official Gazette no. 1010 dated December 16th, 2019.

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.

Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Raiffeisen Bank Romania in a tripartite transaction whereby Banca Comercială Română, BRD Group Societe Generale and Raiffeisen Bank Romania will have equal ownership rights of 33.3% in CIT ONE, one of the most important companies on the Romanian market specialized in the transport, processing and storage of cash and other valuables.

Published in “The International Comparative Legal Guide to: Gambling 2020”, 6th edition

NNDKP provided assistance to the businessman Vicentiu Zorzolan in the simultaneous step sale, in coordination with his partner Octavian Radu, of the shares held in the companies Sistec Next Docs and Sistec Confidential. These two companies are the leaders on the Romanian market of integrated services for electronic archiving, document management and secure document destruction.

On March 13, 2018, the European Council reached an agreement with respect to a proposal intended to increase transparency in order to combat aggressive fiscal arrangements at cross-border level.

Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Edenred, the largest issuing company of cards and benefits vouchers for employees, in the acquisition of Benefit Online, an extended platform for flexible extra-wage benefits in Romania.

On 19 November 2019, NNDKP and Business Mark organized the conference “M&A transactions: key legal, tax and business aspects in a 360-degree perspective” at hotel Hilton Garden Inn in Bucharest.

On 7 November 2019, NNDKP was at the Romanian Competition and Antitrust Forum – Cartels 2019 organized by Govnet in Bucharest, at Sheraton Hotel.

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