The Bucharest Court of Appeals has recently decided to refer several questions to the Court of Justice of the European Union for a preliminary ruling on the interpretation of the EU law to clarify the lawfulness of the electrical energy production surcharge imposed by Law 259/2021. The request came from a company operating in the renewable energy sector, represented by Nestor Nestor Diculescu Kingston Petersen (NNDKP). Additionally, the Bucharest Court of Appeals referred to the Constitutional Court an objection of unlawfulness relating to the same legal provisions on the surcharge imposed for electrical energy production.
The 12th edition of the ZF Power Summit took place between 21-23 February 2023.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted, since June 2020, the Beverage Producers Alliance comprised of the Brewers of Romania Association and the Romanian Soft Drinks Association in setting up a deposit return system (DRS) for single-use primary packaging. The assistance also included establishing and obtaining the accreditation of RetuRO SGR as sole administrator of the Romanian system.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) advised PepsiCo in the transaction to acquire a minority shareholding in AQUA Carpatica, the Romanian spring water brand owned by Carpathian Springs SA company, controlled by the businessman Jean Valvis.
NNDKP received new distinctions at the 12th edition of the “Avocati de Top 2022” Gala, which recognizes lawyers active in various business law areas for their professional achievements throughout 2021, event organized by Finmedia and Piata Financiara.
We are proud to announce that NNDKP has partnered with the international law firm Simmons & Simmons to provide comprehensive information on the renewable energy sector in Romania. The information can be accessed on Simmons & Simmons’ Clean Energy Tool, an online platform for reliable legal and regulatory data across renewable energy jurisdictions.
On March 17, Chambers & Partners released the results of its 2021 European research, a benchmark when it comes to recognizing the best law firms and legal practitioners in the region.
The central theme of the 11th edition of ZF Power Summit was “The decade that will change energy in Romania begins now: What are the directions that can relaunch a strategic sector?”
NNDKP assisted Medicover, a leading provider of private medical services in Romania, in the transaction through which the company acquired Polaris Medical, in Cluj-Napoca, from the Socea family.
NNDKP has assisted Safety Broker, the largest independent insurance broker operating in Romania and in the Republic of Moldova, in the sale of 80% of the company’s shares to the Unilink group, leader on the relevant Polish market.
