Băncilă, Diaconu și Asociații SPRL

Managing Partner: Radu Diaconu

Number of partners: 2

Number of lawyers: 50

Languages: English, Romanian 

Firm Overview: 

Băncilă, Diaconu și Asociații SPRL (formerly Radu și Asociații SPRL) is a Romanian full-service law firm, offering both legal advisory services and assistance before the courts of law, with a significant tax policy and controversy practice. We are a member firm of Ernst & Young Global Ltd and part of the expanding EY Law global network, which has more than 2,400 lawyers and offices in over 90 jurisdictions.

Main Areas of Practice: 

Corporate/M&A:  

1 partner, 16 fee earners based in Bucharest, Romania 

• Advising ROCA Industry on the acquisition of 70% stake in Eco Euro Doors
• Assistance provided to BlackPeak Capital in the transaction through which the fund invested in Verdino Green Foods
• Assisting the shareholders of Smart Diesel in relation to the sale of the Smart Diesel fuel card business towards the German group DKV
• Assisting GloriaFood shareholders in selling their stake to Oracle
• Assisting Visionapartments in relation to the acquisition of Majestic Hotel in Bucharest
• Assisting Electrica Group in relation to the merger process of its three distribution companies

Key Clients: ROCA Industry, BlackPeak Capital, PPG Industries, Electrica, GloriaFood, Smart Diesel, Casa Rusu SRL, Honeywell Corporation, Visionapartments

Contacts: Radu Diaconu, Stefan Mantea

Tel: +40 21 402 41 00

Emails: [email protected]; [email protected]

Tax: Lawyers: 

1 partner, 16 fee earners based in Bucharest, Romania 

• Assisting and representing Petrotel Lukoil SA, one of the largest refineries in Romania, in relation to several complex tax audits and tax disputes concerning alleged tax liabilities of approx. EUR 2 billion
• Assisting a leading Romanian financial institution both in the context of a tax audit (successfully finalised with a EUR 30 million reduction of the taxable base) and with challenging the EUR 140 million results of the tax audit before national authorities and courts of law and with the international proceedings under the EU Arbitration Convention on the elimination of double taxation
• Assisting a major player in the automotive sector in several landmark tax disputes in front of Romanian tax authorities and courts of law with respect to complex VAT, transfer pricing, and corporate income tax issues and with respect to tax obligations in excess of EUR 100 million

Key Clients: Petrotel Lukoil SA, Schaeffler Group, Baker Hughes, Allianz Tiriac Asigurari SA, Omniasig International SRL

Contact: Emanuel Băncilă

Tel: +40 21 402 41 00

Email: [email protected]

Employment: 

1 partner, 4 fee earners based in Bucharest, Romania 

• Advised a French company active in the field of recruitment and HR mobility services with respect to the acquisition of a Romanian temporary workforce agency operating in the field of recruitment and human resources in a Euro 1.2 million transaction.
• HR due diligence in relation to the acquisition of the Romanian subsidiary of Liberty Global Plc. (as part of the transaction by which Vodafone Group acquired Liberty Global’s operations in Germany, the Czech Republic, Hungary, and Romania)

Key Clients: CHEP Pooling Services Romania SRL, Cisco Systems Romania SRL, Accor Invest, Small Footprint SRL (Globant)

Contact: Anca Atanasiu

Tel: + 40 21 402 41 00

Email: [email protected]

Energy & Public Projects 

1 partner, 6 fee earners based in Bucharest, Romania 

• Assisting Electrica group in relation to the merger process of its three distribution companies
• Assisting SN Nuclearelectrica SA in connection with the acquisition of assets from Compania Nationala a Uraniului SA, regarding the technological flow of the uranium concentrate processing line and in connection with the rehabilitation of Cernavoda Nuclear Reactor 1 project
• Assisting IHI Infrastructure Systems Co., Ltd. Osaka, Bucharest Branch in relation to the Euro 420,000,000 design and execution of the suspended bridge over the Danube river in Braila area
• Providing legal assistance on behalf of the EBRD to some of the most significant municipalities in Romania (Brasov, Iași, Arad) with respect to 4 local projects regarding public transportation, parking management, and energy efficiency rehabilitation of buildings with a value exceeding 80 million Euro
• Assistance to the European Investment Bank and to the National Public Procurement Agency in 3 projects in connection with the reform and streamlining of the public procurement system, consisting of legislative amendments, ex-ante verification activities, and establishing local centralized public procurement units

Key Clients: SN Nuclearelectrica SA, Societatea Energetica Electrica SA, IHI Infrastructure Systems Co., Ltd. Osaka, Bucharest Branch, European Bank for Reconstruction and Development, European Investment Bank, European Commission, Ministry of Communication and Information Society, Ministry of Labour and Social Protection.

Contacts: Andrei Stefanovici

Tel: + 40 21 402 41 00

Emails: [email protected]