Bancila Diaconu si Asociatii

Romania

IFLR1000 Reviews

Financial and corporate

Băncilă, Diaconu și Asociații is a full-service corporate law firm, based in Bucharest, Romania. It’s a member firm of Ernst & Young Global which has a network of more than 2,400 lawyers and offices in over 90 jurisdictions.

 

Focusses / specialisms

The firm is experienced in advising domestic clients in the full range of roles in mergers, acquisitions and joint ventures in a broad range of industries. It’s particularly active in advising clients in oil and gas, technology and telecommunications, utilities, and industrials and manufacturing.

 

Key clients

Among its clients are Smart Diesel, Globalfood Tech, Roca Industry, BlackPeak Southeast Europe, SN Nuclearelectrica, Solar Power Energy, Apuron Energy, Vastint Romania, Honeywell Corporation, DAAS Impex, Blue Projects Group, CNMX Cinema Company and Interoil Agritrading.

 

Research period review: 32nd edition (2022/2023)     

During the research cycle the firm was active in corporate and M&A. It assisted clients on the acquisition side on acquisition in investment management, utilities and real estate. It advised clients on the sell side in technology and telecommunications utilities and transport. It has a prolific record of working on behalf of joint-venture partners on joint-ventures in food and beverage, transport and gaming, and on behalf of merger parties in mergers of businesses mostly in industrials and manufacturing.

Its financing practice includes assisting clients with share capital increases.

Recent staffing changes include the recruitment of Roxana Dudău, a partner in real estate, hired from S.P.R.L. Menzer & Bachmann – Noerr.

 

Deal highlights: 32nd edition (2022/2023)

BlackPeak Southeast Europe’s investment in Verdino Green foods

CNMX Cinema Company €3 million share capital increase

Cooperativa de Energie €400 000 acquisition of Apuron

DKV’s acquisition of Smart Diesel

Interoil Agritrading €6 million share capital increase

Oracle’s acquisition of Globalfood Tech

Roca Industry’s acquisition of Eco Euro Doors

SN Nuclearelectrica’s acquisition of Compania Nationala a Uraniului

 

Client feedback: 32nd edition (2022/2023)

M&A

"Good connection with legal advisers in other jurisdictions as needed. Very fast, exceeding expectations in the quality of their work. Wide area of expertise."

"I can delegate complex tasks and they understand and deliver beyond my expectations. They are very fast. They bill fairly and don't overinflate their fees."

"Professionalism, legal and business expertise."

"Solid legal knowledge; strong business acumen; great communication skills - they are able to explain in plain language complex legal issues. "

"They are very committed, engaged in delivering best solutions for the project. They had very good professional relations with the sellers and other advisers involved in project."

"They managed to understand quickly how we do things and the exact kind of assistance we require and thus provided us the help we actually needed - tailor made and not some standard procedures."

 

Radu Diaconu

"He is very committed to delivering best solution."

"Radu is very interested in understanding in depth the matter at stake and the actual needs of the client."

"Knowledge and professionalism."

 

Stefan Mantea

"Fast. Accurate. Takes initiative. Understands complex work and even if my brief is incomplete or inaccurate, he knows to ask the right questions because he is not only executing but also thinking from all angles."

"Stefan is a great lawyer. He is able to handle complex legal mandates; he is committed to accomplishing the client's goals; he is a very good negotiator."

"Very efficient, very resourceful, exceeding expectations, problem solver."

 

Andrei Stefanovici 

"Highly competent; friendly client relationship; personalized approach; responsive."