It is time to say farewell to 2020, a year that made us think about the things we are grateful for, and most importantly, it reminded us that communities can only grow stronger together. Only by listening and helping each other we can move forward together.

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.

NNDKP assisted Medima Health, a chain of medical clinics specialized in imaging and radiology, in relation to the sale of the majority stake held by renowned radiology professor Dr. Gheorghe Iana and seasoned CEO, Vlad Ardeleanu to Morphosis Capital, as well as in establishing a strategic partnership with the private equity fund.

We are proud to announce that 4 out of the 10 Romanian female lawyers recognized by IFLR1000 as the leading female transaction lawyers in the world in the IFLR 1000 Women Leaders 2020 are part of NNDKP team.

NNDKP is the first law firm in Romania that established a standalone practice dedicated to data protection, starting from 2008. Our vision has always been that the entire business community should regard data protection as a continuous operational process.

Legal 500 launched the 2020 edition of The Legal 500 Europe rankings. The results of the guide’s research into the legal and fiscal services market in Romania prove once again that NNDKP is one of the leading law firms in Romania, our firm being acknowledged as a top-tier firm in 10 areas of practice. NNDKP received Tier 1 rankings in areas of practice of significant importance for the Romanian business environment, such as:

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.

At this time, NNDKP ensures business continuity by implementing preventive measures imposed by the epidemiological context caused by the new coronavirus (COVID-19) and necessary to support the efforts of the authorities and the whole community to limit its spread.

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