Roxana Frățilă, Partner, Head of Real Estate & Construction at CMS, spoke to Property Forum about the key deals closed in the retail market in 2023 and accelerating investment in renewable energy.
The deal is expected to close after obtaining necessary approvals from the relevant regulatory authorities, and of the project permits for construction readiness.
The transaction, which consists of performing consumer loans having a balance of approx. RON 97 million as of 30 April 2024, is expected to close in September 2024.
CMS has advised global energy company Iberdrola on the agreement to sell Eolica Dobrogea One wind company, their Romanian 80MW wind energy production facility.
One United Properties announces that CMS Romania, a top law firm and one of its tenants, has decided to extend on a long term its lease contract at One Tower.
Located in Tulcea, the wind farm generates more than 200 GWh of electricity per year.
The Study analyses a record 559 deals throughout 2023, indicating the resilience and adaptability of the European M&A market amidst challenging global conditions.
International law firm CMS has advised The Cicor Group on its acquisition of 100% of the shares of Romanian engineering company, Evolution Medtec SRL.
The annual inflation rate in October 2024 compared to October 2023 calculated on the basis of the Harmonized Index of Consumer Prices (HICP) was 5%.
The General Assembly of Angst's creditors approved the sale of four commercial spaces in Bucharest and one in Ilfov, with a total market value of €3.6 million.
This partnership aligns both companies in empowering digital health innovators with a scalable, ISO 13485 and ISO 27001-certified platform.
A development strategy focused on advanced services, automation, and niche analysis, such as ESG, will allow Romania to harness the enormous potential of this industry.
With a primary focus on integrating IBM products, Inter Computer Romania set a goal to achieve a turnover of €3 million in its first year of activity.