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.
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.
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.
On 6 November 2019, NNDKP and Ziarul Financiar organized the second edition of the Legal & Tax conference titled “How do we manage tax and macro(economics) risks in 2020?”.
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.
