15 years ago we opened the Timisoara office in order to provide prompt and efficient legal and fiscal advice to our clients whose businesses cover the counties of Arad, Bihor, Caraș-Severin, Hunedoara and Timiș.
NNDKP advised a joint venture between Allianz Real Estate, the dedicated real estate investment manager within the Allianz Group, and VGP, a leading pan-European developer, manager and owner of high-quality logistics and semi-industrial real estate, in connection, with a EUR 34 million facility agreement granted by Raiffeisen Bank International AG and Raiffeisen Bank SA for the refinancing of an industrial project, including four prime logistic buildings in Timis, Romania.
NNDKP was at the 6th edition of Foreign Investors Summit organized by Business Review. The event took place between 29-30 October 2019 in Bucharest at Sheraton Hotel.
On 26 September, 2019, IFLR 1000 published the 2019 edition of the Financial and Corporate guide and NNDKP is ranked Tier 1 in 3 practice areas researched in Romania and 9 of the firm’s lawyers are ranked by the guide at individual level.
NNDKP has assisted Grab, the leading super app in Southeast Asia, with all Romanian law aspects relevant for its strategic partnership entered into with Telenav®, Inc. (NASDAQ: TNAV), a leading provider of connected-car and location-based services. The partnership with Telenav will allow Grab to leverage its geo-mapping capabilities to enhance its location-based services.
In 2017, the Baylor Black Sea Foundation, represented by NNDKP, facing the refusal of the Romanian fiscal bodies to authorize the import with the exemption from the payment of the value added tax and of the related custom duties applicable to the medicines necessary for the treatment of several serious conditions, including HIV/AIDS, anemia caused by chronical kidney diseases, certain types of cancer, to the issue to court in order to resolve this administrative-fiscal conflict that was jeopardizing the future of the entire donation program of the Foundation.
NNDKP assisted Norofert SA in preparing for the private placement ahead of the Group’s listing on the Bucharest Stock Exchange.
NNDKP has successfully assisted a syndicate of Banks comprising Banca Comerciala Romana SA (BCR) and Raiffeisen Bank SA as joint Initial Mandated Lead Arrangers, Bookrunners and structuring banks together with ING Bank N.V. Amsterdam – Bucharest Branch and UniCredit Bank, as Mandated Lead Arrangers and lenders, in a EUR 324 million Senior Secured Multicurrency Revolving Credit Facility granted to Ameropa.
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 the logistics park A1 Bucharest Park, located at km 13 on the A1 highway, which was previously owned by Vabeld Group.
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.
