Reff | Romania Feed

A multidisciplinary team of lawyers from Reff & Asociatii | Deloitte Legal and financial and tax consultants from Deloitte Romania assisted the owners of Expo Market Doraly, Gheorghe Iaciu and the real estate investment fund ARA Europe, in the sale of the business park in its entirety to the Belgian real estate developer WDP, the second largest owner of industrial-logistic spaces in Romania, with a portfolio of almost 1.7 million square meters.

A multidisciplinary team of lawyers specialized in administrative litigation and in urban planning law from Reff & Associates | Deloitte Legal represented Promenada Mall Bucharest, part of NEPI Rockcastle Group, in a lawsuit in which the Bucharest Court rejected the request for annulment of the Bucharest General Council’s Decision no. 339/2020 under which it was approved the Urban Plan for the Capital’s second District.

Reff & Associates | Deloitte Legal co-opts in the team of partners Alex Slujitoru, a lawyer with over 15 years of experience, to lead the tax litigation practice.

Law firm Reff & Associates | Deloitte Legal has obtained from Romania's High Court of Cassation and Justice (HCCJ) the annulment of almost RON10 million interest rates imposed by Romanian authorities on a multinational company operating in the field of building products, which was forced to reimburse a state aid granted from the national budget.

Law firm Reff & Asociaţii Î Deloitte Legal provided legal assistance to investment fund NEPI Rockcastle in the acquisition of the stake held by Carrefour in the shopping center Ploiesti Shopping City.

Reff & Associates| Deloitte Legal obtained, in the administrative appeal stage with the Ministry of Finance, a favorable solution for a taxpayer operating in the agribusiness sector, namely the annulment of a tax decision issued during a tax inspection for operations carried out during a period for which the statute of limitation occurred, and which had been the subject of a previous tax inspection.

Reff & Associates and Deloitte Romania provided assistance to Studium Green, the real estate developer from Cluj owned by businessman Dorin Bob, in the acquisition of a portfolio of 100 buildings and properties from Immobiliare Italo Romena, a subsidiary of the former Italian bank Veneto Banca (since 2017 in state of compulsory administrative liquidation).   […]

Deloitte Romania and Reff & Associates | Deloitte Legal assisted Knauf Insulation, one of the world’s largest manufacturers of insulation solutions and part of the German Knauf group, in taking over the glass mineral wool factory Gecsat SA located in Tarnaveni, Mures county. The transaction was completed following the notification of the Competition Council.   […]

A multidisciplinary team, made of lawyers specialized in tax litigation from Reff & Associates | Deloitte Legal and tax advisors from Deloitte Romania, has obtained a final favorable decision from Romania’s Supreme Court to cancel EUR5.5 million tax decisions issued by the country’s tax regulator ANAF for a support services company, member of a group operating in the energy field.

Deloitte Romania and Reff & Associates | Deloitte Legal assisted, via two different multidisciplinary teams, both the sellers and the buyer in the acquisition of the first e-money institution licensed in Romania, Capital Financial Services, which operates under the Twispay brand, by Elrond Network, the blockchain company founded in 2018 in Sibiu by Beniamin Mincu, […]

A cross-functional team made of lawyers from Reff & Asociatii I Deloitte Legal and tax consultants from Deloitte Romania has obtained a final favorable decision from Romania’s Supreme Court whereby the country’s tax regulator ANAF is bound to motivate the implementation of a transfer pricing method different from the one chosen by the taxpayer and, by default, the new analysis approach.

A multidisciplinary team, made of lawyers from Reff & Associates | Deloitte Legal and tax consultants from Deloitte Romania, has obtained a final favorable decision from the High Court of Cassation and Justice (HCCJ) by which the tax authority is bound to motivate the application of a transfer pricing method different from the one chosen […]

Reff & Associates | Deloitte Legal assisted the real estate developer Speedwell in purchasing a nine-hectare plot of land located in Bucharest, on the Griro platform, one of the largest plots of land available in the capital. Speedwell will build on this land a project estimated at 500 million euros that will include apartments, office […]

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.