Popovici Nitu & Asociatii

Popovici Nitu & Asociatii advises construction company on a new €60m syndicated loan

Popovici Nitu & Asociatii has advised Hidroconstructia — the largest construction company in Romania — on a new €60m (£50m) syndicated loan granted by a consortium led by BRD Societe Generale, also including Allianz Tiriac Asigurari.

This is the first financing in Romania and among the few in Europe where the syndicate included an insurance company.

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Analysis from The Lawyer

Overview

239 Calea Dorobanti
6th Floor
1st District
Bucharest
Romania
http://www.pnpartners.ro/

Turnover: €9.1m in 2010
Number of Lawyers: 85
Number of Partners: 10
Number of Female Partners: 2