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...
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 provided 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 130 lawyers & tax & IP counsellors and 70 business services professionals 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 and SEE Legal. We are also actively involved in professional organisations dedicated to specific practice areas (such as competition, energy and labour law). On the domestic front, NNDKP has formed alliances with non-legal advisers with deep knowledge of the Romanian market such as Transfer Pricing SRL (TPS), Cornerstone Communications 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 (or 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 worldï¿½s leading publications like Chambers and Partners, The Legal 500 and IFLR 1000, since the beginning of their research in Romania. NNDKP is also a 5-time winner of the ï¿½Law firm of the year in Romaniaï¿½ 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: 130
Languages: Romanian, English, French
Areas of Practice
What are the potential registration options for nonprofits/NGOs in Romania? Is full registration required? If so, what are the necessary steps/time/costs? NGO legal forms Under Romanian law, natural and legal persons that wish to carry out activities of general interest or activities for the benefit of certain collectivities can establish nonprofit entities (NGOs) in the form ofassociationsorfoundations. Associations and foundations can also carry out economic activities, however, only to the extent such have an ancillary nature and are connected with and directed towards the main non-profit purpose of the relevant entity...
Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Marcos Provit, a local pharmaceutical services network, in issuing cross-border corporate bonds worth 8.5 million euros through private placement, under the coordination of the Polish private debt fund CVI. The transaction aims at the strategic development of the company by ensuring the financing for potential acquisitions. NNDKP was involved in the structuring, negotiation and conclusion of the related documentation and provided assistance to the client throughout the transaction...
NNDKP obtains the annulment of a sanctioning decision issued by the Competition Council against a retailer from the Romanian food products market
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has obtained a major success, confirmed by a final decision of the High Court of Cassation and Justice (HCCJ), namely the annulment of a fine in excess of lei 24 million (approximately Euro 5 million) applied by the Competition Council for allegedly establishing anticompetitive agreements intended to limit prices in the context of the promotional campaigns carried out at the level of food retail chains between 2005 - 2009...