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.
Briefings from Popovici Nitu & Asociatii
After two years of public consultations, as well as various rounds of discussions between member states, new rules on the VAT treatment of vouchers are just about to be born.
This year commenced with contradictory new provisions in the tax field. Popovici Ni?u & Asocia?ii will briefly address only the high and the low of the ride.
Analysis from The Lawyer
Romania is bursting with resources but tapping into those riches is proving to be a political obstacle course