Schoenherr advised Eurobank on the closing of its deal with APS Group for the divestment of 100 % participation in IMO Property Investments Bucharest, a company specialised in managing and selling Eurobank's real estate assets located in Romania, which on the date of the sale owned over 150 assets. Schoenherr provided sell-side legal advice to Eurobank in connection with this transaction up to closing. A multidisciplinary team ensured integrated services to the group, covering all relevant corporate/M&A, real estate and regulatory legal matters. "We have been advising Eurobank on their legal projects in Romania and the wider Central and Eastern European region for almost a decade. This long-term collaboration with the Eurobank team is one of our most valued success stories in providing leading financial institutions with one-stop advice across various legal areas and services in CEE," said Matei Florea, the Schoenherr lead partner in relation to Eurobank. "We congratulate Eurobank and APS Group on the successful closing of this transaction, which ran smoothly due to the parties' and their teams' evident experience in getting deals done," said Schoenherr senior attorney at law Silviu Lazar, who coordinated the team advising Eurobank in connection with this transaction. The Eurobank Group, consisting of Eurobank SA and its subsidiaries, is a financial organisation that develops financial products and services, operating in Greece, Cyprus, Luxembourg, Bulgaria and the UK (London). As of December 2024, Eurobank counted EUR 101.2bln in total assets, operated 568 branches in Greece and abroad and employed 12,406 people. APS Group was established in 2004 and now has a leading position in the markets of Central and South-Eastern Europe. The core of its business consists of three pillars – alternative asset management, real estate investment and debt recovery. The group has been active in Romania since 2007. The Schoenherr team advising Eurobank was led by Matei Florea (partner), as lead partner, and Silviu Lazar (senior attorney at law), as transaction lead, and further included Madalina Neagu (partner), Mihaela Popescu (managing attorney at law), Bogdan Ioni?a (lawyer on demand) and Razvan Dinica (associate). Georgiana Badescu (partner) led the competition, EU and foreign trade team that advised on FDI matters and was further supported by Teodora Burduja (associate). 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 by all major legal directories that survey the legal market (Chambers and Partners, Legal500, IFLR1000) for its activity.
The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870 million, was suspended. Romania’s European funds minister, Marcel Boloș, announced that three objectives included in […]
The tech startups YellowGrid, WiseWatts and Procesio won CleanTech Corporate Hackathon 2025, the first event dedicated to innovators, startups and scaleups creating AI-based technologies and solutions for sustainable energy in South East Europe. YellowGrid, the team that won first place and the EUR 5,000 prize, is composed of Cătălin Stăncel, Sergiu Mureșan, Andrei Antohie and […]
Romanians' trust in the EU is well above the European average, but they occasionally show different priorities compared to those of most Europeans, according to the most recent Eurobarometer survey. The measurement, conducted in the winter and spring of 2025, shows an overall increase in European citizens’ trust in the EU, especially in the areas […]
Romania has dropped four positions in the global Startup Ecosystem 2025 report by StartupBlink. It is now ranked 48th worldwide, and has lost ground in Eastern Europe, where it dropped from 8th to 9th place, after Ukraine advanced one position and Greece two positions, surpassing Romania globally. However, Romania is now 16th in the global AI top […]
The Nufărul geothermal station in Oradea, developed through a European project worth EUR 25 million, was officially inaugurated on Thursday, May 29. The station is the first of its kind in Romania, and builders had to drill approximately 2,800 meters for water. “All extracted water comes to the geothermal station on Iancu de Hunedoara Street, […]
CTP, a leading developer, owner, and operator of industrial and logistics properties, has extended its collaboration with HelpShip, a major e-fulfillment and logistics provider within the euShipments.com group, increasing HelpShip’s leased space to 20,000 sqm at CTPark Oradea Cargo Terminal. The expanded facility will serve as the company’s main fulfilment center. With HelpShip’s growth from […]
