Musat & Asociatii was selected by The Ministry of Economy, Commerce and Business Environment to provide legal advice to the Office for State Ownership and Privatization in Industry (OPSPI) in the privatisation of the chemical producer Oltchim Ramnicu Valcea.
“In over twenty years of legal practice, Musat & Asociatii has been involved in some of the most important privatisations on the local legal market, our team gathering an undisputable expertise in this practice area. Assisting the State throughout the privatisation process of Oltchim represents a new challenge for us, considering the importance of the project on the recent government’s agenda and the complexity of the matters involved by such procedures. We will provide legal assistance to OPSPI on all aspects related to privatization, including preparing the tender specifications and launching the bid, selecting the consultant, analyzing the regulatory aspects, structuring the transaction and providing legal assistance throughout the entire privatization process”, says Miruna Suciu, Partner with Musat & Asociatii and the project coordinator.
This year, Musat & Asociatii was also selected to assist the State in two of the most important public offerings that will take place on the Bucharest Stock Exchange, providing legal advice in the sale of the shares held by the Romanian State in Transgaz and Transelectrica.
Musat & Asociatii is renowned for its involvement in resounding privatisations on the local legal market, including assisting Enel in the privatization of Electrica Muntenia Sud, Electrica Banat and Electrica Dobrogea, assisting GE Capital on the acquisition of Banc Post – the first privatization of a local bank, the acquisition of Banca Agricola by Raiffeisen Bank or the acquisition of Sidex Galati by Arcelor Mittal. Moreover, the firm has been recently involved in several M&A deals such as assisting Rompetrol Group on the acquisition of the remaining free float of Rompetrol Rafinare and Rompetrol Well Services, assisting Mediterranean Car Company in acquiring Autoitalia, assisting Platinum Equitiy investment fund in selling the three Alco plants in Romania to Leoni, Kromberg & Schubert and Sumitomo Electric Wiring Systems, assisting Alka Pro in selling its dry fruits and seeds division to Intersnak or assisting the Swiss group RePower in acquiring eighty percent of Elcomex.
Musat & Asociatii’s mergers & acquisitions expertise is regularly praised by the reputed international legal guides, IFLR 1000, Chambers Global, Legal 500 and PLC-Which Lawyer?, which place the firm at the top of the rankings in this area of expertise and highly recommend our lawyers as experts in this practice area.
About MUȘAT & ASOCIAȚII
MUȘAT & ASOCIAȚII is one of the first law firms set up in Romania after January 1st, 1990. With 13 partners and more than 100 attorneys and counselors, Musat & Asociatii provides advisory services for all sectors of the business law, including mergers & acquisitions, privatizations, banking, energy & natural resources, company law, competition, intellectual property, telecommunications & IT, labour law, fiscal law, capital markets, real estate law, environmental law, as well as in litigations & commercial arbitrations.
MUȘAT & ASOCIAȚII has been recognized as one of the pillars of the Romanian business law and the firm’s expertise is regularly praised by the reputed international legal guides (Chambers & Partners, Practical Law Company, Legal 500, International Financial Law Review etc.), which place the firm at the top of the rankings and highly recommend our lawyers as experts on the Romanian legal market.
MUSAT & ASOCIATII is the first Romanian law firm distinguished with the prestigious award “National Law Firm of the Year” by the International Financial Law Review (IFLR), one of the most esteemed international legal publications, also acknowledged for its reputable legal guide IFLR 1000. MUSAT & ASOCIATII has also been awarded “Romania Law Firm of the Year” by the renowned legal guide Chambers & Partners at the “Chambers Europe Awards for Excellence 2011” ceremony, due to its remarkable performance on the local legal market in the past year.
Furthermore, MUSAT & ASOCIATII is ranked as a top tier law firm in the legal guide IFLR 1000, leading in all four categories analyzed by the British researchers on the local legal market: mergers & acquisitions, banking & finance, capital markets and project finance. Also, the reputable legal guides PLC Which Lawyer?, Chambers & Partners and Legal 500 place MUSAT & ASOCIATII at the top of their rankings in most of the practice areas researched on the local market.
The firm’s portfolio includes more than 2,500 clients, large local or international corporations, such as: Enel SpA, Rompetrol, Colas, European Investment Bank, Roche, ING Bank, Fortis Bank, KBC Bank, Raiffeisen Bank, OTP Bank, Eli Lilly, GlaxoSmithKline, Novartis, General Electric, General Motors, Intel, Oracle, AON, AT&T, Thyssen Krupp, Generali, Immoeast, Petrom, AFI Europe, Electrolux, SBS Broadcasting Corporation etc.