After lengthy debates in the Parliament, the new Social Dialogue Law, i.e. Law no. 367/2022 was published in the Official Gazette no. 1238/2022 on December 22, 2022, the lawmakers opting to expressly repeal the “famous” Law no. 62/2011 with the entry into force of the new legislative framework, which is not at all surprising considering the many changes brought on by the new law. Law no. 367/2022 entered into force on 25 December 2022, imposing new obligations on many Romanian employers, as outlined below. We will refer first to what is arguably the most frequent form of representation, namely the “employees’ representatives”...
Nestor Nestor Diculescu Kingston Petersen
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Nestor Nestor Diculescu Kingston Petersen (NNDKP) is a promoter of business law in Romania.
NNDKP is independently acknowledged as a pioneer provider of integrated legal & tax services on the local market.
For over 30 years, corporations, financial institutions, private equity funds and entrepreneurs from diverse industries, including innovative and niche sectors, have offered us the opportunity to work together on both landmark transactions and projects that have contributed to the evolution of the local business environment. We have also provided strategic legal and tax advice on regular operations, helping clients move forward with their business initiatives.
NNDKP team brings together knowledgeable, talented and dedicated lawyers and tax advisors active in Romania, with proven results that reflect a mix of industry insights, courtroom experience and practical business sense. Over 120 lawyers & tax & IP counsellors working in Bucharest, Cluj-Napoca and Timisoara form one of the largest and most respected teams of independent professional services providers in Romania.
To continuously add value to the services that would benefit our clients, NNDKP has established strong connections with leading international law firms and high-profile professional networks such as Lex Mundi, World Services Group, International Attorneys Club, SEE Legal and Three Seas Legal Alliance (TSLA). We are also actively involved in professional organisations dedicated to specific practice areas (such as competition, energy and labour law). On the local market, NNDKP has formed alliances with non-legal advisers with deep knowledge of the Romanian market such as Transfer Pricing SRL (TPS) and Concilium Consulting, to help clients pursue their business interests including outside the legal spectrum.
Committed to constant advancement and enhanced performance, NNDKP formalized in 2019 its Center of Excellence in Fiscal Disputes (NNDKP CELF), an initiative built with the aim to provide clients access to highly specialized advice and best practices in fiscal disputes. Through NNDKP CELF, local and international companies as well as entrepreneurs benefit from integrated legal and tax services throughout all stages of a fiscal dispute.
NNDKP has maintained outstanding rankings in world leading publications like Chambers and Partners, The Legal 500 and IFLR 1000, since the beginning of their research in Romania. NNDKP is also a 6-time winner of the "Law firm of the year in Romania" award by Chambers Europe.
Today, NNDKP is an entrepreneurial success story whose narrative thread follows natural evolution, adapted to the dynamics of the Romanian business environment.
For more details about our offering and thinking, please access www.nndkp.ro.
Year this Office was Established: 1990
Lawyers Worldwide: 120
Notable
Areas of Practice
Professionals
Partners
Roxana Abrasu
PartnerEmil Bivolaru
PartnerRuxandra Bologa
PartnerGabriela Cacerea
PartnerAdina Chilim-Dumitriu
PartnerIurie Cojocaru
PartnerAnca Diaconu
PartnerAna Diculescu-Sova
Senior PartnerCorina Dumitru
PartnerMarius Ezer
PartnerAdriana I. Gaspar
Senior PartnerDaniela Gramaticescu
PartnerLavinia Ionita-Rasmussen
PartnerValeriu Mina
PartnerIon I. Nestor
Co-Managing PartnerManuela M. Nestor
Co-Managing PartnerIoana Niculeasa
PartnerSorina Olaru
PartnerAlina Radu
PartnerVlad Tanase
PartnerRazvan Vlad
PartnerValentin Voinescu
PartnerAssociates
Florina Firaru
Managing AssociateDariana Istrate
Senior AssociateOf Counsel
Georgeta Dinu
Of CounselOana Partenie
Of CounselOther
Laura Agatinei
Marketing and Business Development ExecutiveDelia Hincu
Business Development AnalystRuxandra Teodorescu
Director of Human ResourcesIonut Banu
Chief Financial OfficerArticles
A guide for Ukrainian citizens in Romania
Background Ukrainian citizens fleeing their homeland due to the ongoing crisis are welcome to Romania, where they will receive protection and necessary support. During their stay in Romania, accommodation, food and medical services are accessible for Ukrainians seeking safety from the ongoing military invasion, as a result of a combined effort of the authorities and unrivalled mobilization of private entities and the civil society. For those who envisage a longer stay in the country, Romania has opened its legal framework to provide a customized response to matters of primary interest such as documentation, asylum, healthcare, working and residence...
Press
NNDKP assisted AAylex One in connection with a EUR 20 million financing provided by CEC Bank S.A. and Alpha Bank Romania S.A.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted AAylex One, one of the leading players in the Romanian food industry and the producer of the Cocorico brand in connection with a EUR 20 million loan facility granted by a syndicate of banks.The syndicate of banks included CEC Bank S.A. and Alpha Bank Romania S.A. and the facility granted is secured by a guarantee issued by Exim Banca Românească in the name and on behalf of the State.NNDKP continues to support AAylex One, advising them in a new financing project on complex aspects related to the structuring, drafting and negotiation of the finance documents, as well as all other aspects specific to this type of transactions...
NNDKP assists Globant with the merger of two Romanian subsidiaries, part of a global reorganization process
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has recently advised Globant, an IT and software development company present in 33 countries with more than 29,000 employees worldwide, throughout the entire process of merging two Romanian subsidiaries – Pentalog Romania S.R.L. and Pentalog HR Romania S.R.L. The transaction was part of a global reorganization process that Globant designed in order to continue and accelerate its expansion worldwide, including in Romania...
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Privacy Out Loud
Blog focused on data protection and security matters and dedicated to those who seek clear and current guidelines on data protection matters, regardless of their level of familiarity with this field.