Schoenherr si Asociatii SCA advised Trans-Oil Group, a leading agribusiness operator in the Black Sea region, on the acquisition of Frial Terminal, located in the Port of Constanta, Romania. The transaction marks a key milestone in Trans-Oil’s long-term strategy to expand its presence in the Black Sea, allowing the group to streamline its logistics and distribution of goods across multiple continents. Schoenherr provided buy-side legal advice in connection with the recently signed M&A transaction. Closing is expected to take place later in Q4 2024, subject to merger clearance. "With this acquisition, Trans-Oil strengthens its strategic position in the Port of Constanta, the largest seaport in the Black Sea. We are glad to have contributed to getting this deal done, supporting Trans-Oil in reinforcing its role as a leading player in the agricultural commodities market," said partner Madalina Neagu, who led the Schoenherr team advising the buyer in this matter. Frial Terminal, which boasts a transshipment capacity of 1.5m tons of cereals and 500,000 tons of vegetable oil, becomes part of Trans-Oil export terminals portfolio, which already includes terminals in Reni (Ukraine), Giurgiulesti (Republic of Moldova), Pancevo and Backa Palanka (Serbia). Trans-Oil Group has announced it contemplates a significant expansion of the storage capacities of Frial Terminal. The Trans-Oil Group is a leading agribusiness operator in the Black Sea region, specializing in the production, processing, and trading of agricultural commodities. The group covers a wide range of activities, including oilseed crushing, grain handling and storage, international commodities trading, vegetable oil in bulk, bottled oil, and flour production. It owns and operates five oilseed crushing facilities and 46 storage facilities in the Republic of Moldova, Romania and Serbia. Frial is a seaport terminal operator active in the Port of Constanta, Romania. It provides vessel and terminal operations for general goods and liquid products, as well as storage solutions both in covered spaces and uncovered areas with a total storage capacity of over 70,000 tons. The Schoenherr team advising Trans-Oil Group in this transaction was led by Madalina Neagu (partner) and included Mihaela Popescu (managing attorney at law), Andrei Muresan (managing attorney at law), and Madalina Mitan (partner). Schoenherr is a leading regional law firm, with 15 offices and four country desks in Central and Eastern Europe and South-Eastern Europe. The firm has been active in Romania since 1996, providing full-service legal advice to local and multinational companies. Schoenherr Romania is ranked in by all major legal directories that survey the legal market (Chambers and Partners, Legal500, IFLR1000) for its activity in corporate/M&A.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
