Nestor Nestor Diculescu Kingston Petersen (NNDKP) has once again earned a spot on the shortlist for the prestigious Romania Law Firm of the Year award, presented by Chambers Europe.
The High Court of Cassation and Justice has recently upheld a decision of the Timisoara Court of Appeal, with significant relevance for transfer pricing disputes based on the re-qualification of the functional profile of a company within a multinational group from independent producer to producer under the full control of the group. It has been confirmed that elements specific to the operation of a multinational group, such as providing support services by global cooperation structures or the existence of common directors, do not prove the existence of a transaction between the parent company and the controlled entity that would justify reconsidering the functional profile of the company, even in cases where the controlled entity experienced periods of losses.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) advised Holcim Romania on the acquisition of Uranus Pluton SRL, a granite quarry operator active since 2004 in Tulcea county.
On February 9, our colleague, Oana Stefan, Associate in the Data Protection practice, was a speaker at the online debate “Online platforms, all eyes and ears. At GDPR”, organized by Juridice.ro.
1. EU DEVELOPMENTS SELECTION
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has won the Future Lawyers Programme of the Year award at the 2025 Legal Benchmarking Group Social Impact Awards, for its programmes dedicated to future generations of legal professionals. The award reaffirms NNDKP’s commitment to supporting young legal professionals, through educational initiatives adapted to their needs that combine theoretical knowledge with hands-on learning experiences, providing them with the resources and mentorship they require to develop their skills.