Reff | Romania Feed

Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to real estate developer Speedwell in acquiring a nine-hectare land plot in capital Bucharest, on the Griro platform, one of the biggest land plots available in the capital city.

Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to ROCA Investments and the company Emerging Europe Refrigeration & Services (EERS) in the sale of Frigotehnica, a manufacturer of refrigeration solutions, to VINCI Energies, part of VINCI Group.

A multidisciplinary team of the Financial Advisory Practice of Deloitte Romania and of law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided assistance to chemical producer Chimcomplex Borzesti (CHOB.RO) in the process of contracting a loan of EUR90 million.

A multi-disciplinary team made of experts from Deloitte Romania’s Financial Advisory practice and from Reff & Associates | Deloitte Legal provided assistance to Chimcomplex in obtaining the EUR 90 million funding for refinancing existing loans and for investment. The chemicals producer borrowed EUR 26.7 million from CEC Bank and EUR 30 million from Alpha Bank […]

A multi-disciplinary team made of experts from Deloitte Romania’s Financial Advisory practice and from Reff & Associates | Deloitte Legal provided assistance to Chimcomplex in obtaining the EUR 90 million funding for refinancing existing loans and for investment. The chemicals producer borrowed EUR 26.7 million from CEC Bank and EUR 30 million from Alpha Bank on September 30, 2021, which the company will use for fully refinancing existing loans from VTB and Credit Suisse/Argentum Netherlands BV, for the takeover of Oltchim assets, and for continuing development projects. The EUR 56.7 million amount will be supplemented by a EUR 33.3 million loan from CEC Bank, which will be contracted in October 2021, totalling EUR 90 million.

Reff & Associates | Deloitte Legal launches SecuRE, a proprietary digital tool that was created to help real estate owners and tenants manage regulatory compliance requirements, regardless of the kind of property they own or use and of the industry in which they activate. The web-based app facilitates the collection, review and archiving of permits, contracts, authorizations and any other regulatory document and allows users to archive and manage online the entire compliance process, to prioritize and to project manage the remediation process in case on non- compliance. SecuRE also integrates the legal knowledge of Reff & Associates | Deloitte Legal’s experts in the real estate regulatory compliance field, by indicating to users what kind of documents they need based on the information about the real estate asset they provide within the app.

Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to Belgian-held real estate developer Speedwell in refinancing the loan granted by BRD Groupe Société Générale for the development of the Record Park Offices project located in the central area of the city of Cluj-Napoca.

Reff & Associates | Deloitte Legal has been recognized again this year as a top law firm by the independent international publication EMEA Legal 500 in nine practice areas: real estate and construction, banking and finance, commercial, corporate and M&A, employment, tax, EU and competition, PPP and procurement, TMT and dispute resolution. The ranking assesses law firms in over 150 jurisdictions and is based on feedback from 300,000 lawyers working for in-house legal departments, on information submitted by law firms and interviews with leading lawyers.

Deloitte Romania and Reff & Associates, the law firm representing Deloitte Legal global network in Romania, provided assistance to Haier Tech, a Romanian company belonging to the Haier Group, in the project for building in Prahova county the first Haier’s refrigeration factory in the European Union. After assisting Haier Tech in obtaining the financing agreement for state aid in December 2019, Deloitte’s Management Consulting practice is now advising Haier Tech in the implementation of the large investment project that exceeds EUR 53 million, for which the state will provide aid of EUR 25 million.

Deloitte Romania strengthens its management team by promoting Ioana Boca to Financial Advisory Director, Sorin Elisei to Director within the specialized practice in the energy and natural resources industry, and Mihnea Galgotiu-Sararu to Partner within Reff & Associates, the law firm member of Deloitte Legal global network.