Legal Advisory Romania for Investors
Transaction-Ready Legal Strategy for Romania. Legal Solutions for Energy, Defense & Strategic Sectors. Guidance for Foreign and Romanian Investors
Trusted by innovators in energy, defense & strategic industries.
Why choose us
We merge deep legal insight with financial and strategic expertise — delivering results that go beyond traditional advisory.
Integrated Expertise
We combine legal, regulatory, and financial advisory under one roof. Our lawyers work closely with MHG Consulting’s investment and strategy divisions, ensuring every project is both compliant and bankable.
Cross-Border Capability
We regularly advise international investors, developers, and corporate groups across Romania and Central & Eastern Europe — ensuring seamless coordination for multi-jurisdictional transactions and disputes through trusted partner firms in Europe, the UK and Turkey.
Sector Focus & Experience
Our expertise runs deep in Romania’s most dynamic sectors — renewable energy, defense, and industrial development. We understand both the legal frameworks and the operational realities that drive success.
Executive-Level Insight
Led by professionals with executive experience in major state-owned and private corporations, we bridge legal advice with strategic execution — thinking like decision-makers, not just lawyers.
Precision, Integrity & Results
We value clarity, confidentiality, and performance. Every engagement is handled with discretion, professionalism, and measurable impact — protecting our clients’ interests and delivering enduring outcomes.
Our Promise
We don’t just interpret the law — we make it work for your business. By combining strategic insight with legal excellence, Grigorescu & Partners and MHG Consulting empower you to act with confidence, build securely, and grow sustainably.
Our Legal Expertise
Deep, multidisciplinary legal counsel — combining corporate precision, regulatory mastery, and transactional execution.
Corporate & Commercial Law
- Incorporation of limited liability companies, joint-stock companies, and project-based SPVs.
- Drafting and updating articles of association, governance policies, and internal procedures.
- Legal assistance for corporate reorganizations, mergers, spin-offs, and capital changes.
- Guidance on director liability, corporate compliance, and regulatory reporting.
- Legal structuring of domestic and cross-border joint ventures.
- Shareholder agreements, voting arrangements, and profit-sharing mechanisms.
- Creation and administration of SPVs for project development and financing.
- Advisory on exit strategies, buy-out clauses, and governance safeguards.
- Drafting and negotiation of EPC, O&M, supply, consultancy, and service agreements.
- NDAs, MoUs, framework and distribution contracts, and other business documentation.
- Legal review of performance, liability, and termination provisions to mitigate risk.
- Ongoing advisory for contract management and dispute prevention.
- Full compliance with Romanian and EU corporate, competition, and data-protection frameworks.
- Legal coordination for cross-border mergers, acquisitions, and restructurings.
- Alignment with European company-law standards and governance best practices.
- Representation before trade registries and competent authorities for approvals and filings.
Energy & Regulatory Law
- Grid connection & regulatory compliance.
- Support in obtaining ATR, construction permits, and operation licenses.
- Coordination with local authorities, environmental agencies, and zoning commissions.
- Review of land-use rights, building permits, and grid access conditions.
- Legal oversight of EIA and urbanism documentation.
- Strategic advice for timelines and permitting optimization to meet financing deadlines.
- Preparation and negotiation of CfD and PPA structures.
- Legal support in project finance transactions with lenders, developers, and off-takers.
- EPC, O&M, and equipment supply contracts with technical and financial precision.
- Security packages, guarantees, and intercreditor agreements.
- Coordination with financial and technical advisors for bankability and DD readiness.
- ANRE, Transelectrica, and local DSOs for grid, licensing, and compliance matters.
- Environmental and construction authorities for project permitting and monitoring.
- Ministry of Energy and regional agencies for subsidy, CfD, and funding schemes.
- Continuous follow-up on regulatory updates affecting renewable and storage projects.
- Comprehensive legal DD covering land rights, permits, corporate and contractual documentation.
- Identification of regulatory gaps, risks, and mitigation strategies.
- Compliance reports and red-flag analyses for investors, banks, and acquirers.
- Advisory on alignment with EU energy, state-aid, and competition frameworks.
M&A and Transactional Advisory
- LOIs, Term Sheets, and MoUs.
- Tax efficiency, liability exposure, and corporate control optimization.
- Asset vs. share deals, including hybrid or phased acquisitions.
- Early-stage risk identification aligned with commercial objectives.
- SPAs, ATAs, and ancillary documentation.
- Coordination between lawyers, financial advisors, and notaries.
- Reps, warranties, indemnities, and closing conditions.
- Escrow arrangements, payment mechanisms, and post-closing obligations.
- Comprehensive DD across corporate, regulatory, real estate, and contractual aspects.
- Red-flag issues, pending liabilities, and regulatory non-compliance identification.
- Board-ready DD reports for investors and lenders.
- Strategic recommendations to address findings pre- or mid-negotiation.
- Signing and closing coordination, document execution, and registry filings.
- Regulatory notifications and post-closing approvals.
- Transition, integration, and restructuring support.
- Ongoing advisory to ensure continuity and governance alignment.
Public Procurement & Defense Projects
- Full procurement cycle support: opportunity to award.
- SEAP bids, clarifications, and challenges; CNSC representation.
- Participation forms, consortium agreements, subcontractor documentation.
- Eligibility/qualification/technical criteria assessment to avoid disqualification risks.
- Offset, co-production, and industrial participation agreements.
- Defense tenders with Ministry of Economy and Romarm group entities.
- Licensing, export controls, and technology-transfer regulations.
- Industrial partnerships and subcontracting for NATO/EU programs.
- Tender documentation aligned with EU procurement directives.
- FIDIC, PRAG, and national templates: review & compliance.
- Implementation, performance monitoring, and contract variations.
- State-aid rules and eligibility compliance.
- Ministry of Economy, Ministry of Defense, Ministry of Energy.
- Regional development agencies and managing authorities for EU-funded programs.
Compliance, Risk & Governance
- Design and implementation of compliance programs tailored to company size and activity.
- Codes of conduct, ethics policies, and whistleblowing procedures.
- Embedding controls into operations, procurement, and decision-making flows.
- Periodic reviews and staff training for ongoing compliance awareness.
- Competition law: antitrust risk, vertical agreements, abuse of dominance prevention.
- Data protection (GDPR): privacy policies, DPA contracts, authority interactions.
- AML: risk classification, KYC procedures, and reporting obligations.
- Regulatory reporting: accurate and on-time communication with authorities.
- Board structures, delegation of powers, and decision-making processes.
- Internal control and approval workflows.
- Alignment with OECD, EU, and ESG standards.
- Legal oversight of risk management and audit functions.
- Competition, data protection, and financial supervision authorities.
- Handling administrative inquiries, audits, and enforcement procedures.
- Defense statements, clarifications, and appeals in regulatory cases.
- Strategic regulator engagement to prevent or mitigate penalties.
Financing & Capital Structuring
- Loan, credit, and facility agreements with local and international banks.
- Debt, mezzanine, and hybrid financing aligned with investor requirements.
- Repayment terms, conditions precedent, and event-of-default clauses.
- Seamless execution across lenders, investors, and technical advisors.
- Assessment of covenants, ratios, and undertakings.
- Clauses that may restrict operations or trigger early repayment.
- Step-in rights, change-of-control, and assignment provisions.
- Recommendations to enhance lender confidence and borrower flexibility.
- Application, contracting, and compliance stages of funding programs.
- Grant agreements and state-aid eligibility criteria.
- Permitted expenses, reporting obligations, and audit preparation.
- Alignment with EU State Aid and Modernisation Fund rules.
- Signing, closing, and CP checklists.
- Share transfers, capital increases, and investor documentation.
- Notaries, registries, and institutions coordination to complete formalities.
- Post-closing monitoring and reporting support.
Dispute Resolution & Tax Litigation
- Representation during tax inspections and audits.
- Administrative challenges and judicial appeals against unlawful or excessive assessments.
- VAT refunds, transfer pricing adjustments, excise duties, and local taxes.
- Coordination with accountants and fiscal advisors for robust arguments.
- Shareholder and JV conflicts, including governance or exit disputes.
- Breach-of-contract and enforcement actions.
- Construction and energy-sector disputes (EPC, O&M, supply).
- Debt recovery and asset enforcement, injunctions and precautionary measures.
- Risk assessment and dispute-readiness analysis.
- Settlement or exit agreements drafting and negotiation.
- Mediation and conciliation procedures.
- Strategic communication to reduce reputational or operational impact.
- Multi-jurisdictional representation via partners in Europe, the UK, and Turkey.
- International arbitration and enforcement of foreign judgments.
- Representation before ANAF, ANRE, and the Competition Council.
- Consistent legal strategy integrating local and international frameworks.
Cross-Sector Expertise
Our insight spans the industries driving Romania and Europe’s transformation.
Renewable Energy & Sustainability
Advising on PV, wind, BESS, CfDs, and grid-connected projects shaping Europe’s green transition.
Defense & Strategic Manufacturing
Supporting offset, procurement, and industrial collaboration in NATO-aligned frameworks.
Infrastructure & Industrial Development
Guiding investors through permitting, state-aid, and PPP frameworks for large-scale assets.
Technology & Innovation
Legal and regulatory support for emerging tech, R&D, and IP-driven ventures.
Latest Insights
Fresh analysis and updates from our team across energy, transactions, governance and disputes.
Energy Communities in Romania
A practical look at whether the new framework can become a real market opportunity.
Read ->Fast-Track for Green Energy
How GEO 59/2025 changes permitting rules for renewable projects in Romania.
Read ->Prosumer Law Blocked by the Constitutional Court
Key legal and market consequences for distributed generation and prosumers.
Read ->Romania BESS: Legal, Market, and Financing Update
Bankability, financing and regulatory signals for battery storage projects.
Read ->Romania Grid Capacity Allocation 2026
Legal, economic and bankability analysis for grid access and allocation.
Read ->Romania CfD Renewable Energy
Design, auctions and bankability considerations for renewable projects.
Read ->Connect With Us
Follow our work and stay ahead of new insights, partnerships, and opportunities.
Tell us about your mandate
Our Lawyers
Senior partners and specialists across corporate, energy, M&A, disputes, and public procurement — delivering precision, pragmatism, and bankable outcomes across Romania & CEE.
Horia Grigorescu
Founder & Managing Partner
Cătălin Rusu
Managing Partner / Senior Manager
Raluca Marin
Senior Manager / Head of Legal Advisory
Mihai Dobre
Senior Associate — Corporate & Commercial
Andreea Ionescu
Senior Associate — Litigation & Dispute Resolution
Alexandru Voinea
Senior Associate — Energy & Infrastructure
Membership & Recognition
Independent recognition and active memberships that reflect our European standards and trusted network.
