Attorneys at law | Mușat & Asociații

“Clients believe the firm to be professional, with a great team of players displaying depth of knowledge.”

Legal 500

“Muşat & Asociaţii is a Romanian brand, which has developed itself a formidable reputation on the market.”

International Financial Law Review – IFLR 1000

“This firm is unanimously recognized for the exceptional quality of its work.”

Chambers & Partners

2015

Winner of the award “Law firm of the year in Romania” granted by The Lawyer

2013

Winner of the award “National Law firm of the year” granted by International Financial Law Review (IFLR)

2012

“Gold Award” for “Best Central and Eastern Europe Law Firm” granted by Legal Alliance Summit

2011

Winner of Chambers Europe Awards for Excellence “Romania Law Firm of the Year”

Facts and figures about Mușat & Asociații

TIER 1 COMPANY

Mușat & Asociații is top-ranked by all the prestigious British publications – Chambers & Partners, Legal 500 and International Financial Law Review (IFLR)

ROMANIA’S FINEST

Our diversified practice allows us to work for many major US and EU corporations, investing or doing business in Romania, most of which are listed in Fortune 100

EXTENSIVE PORTOFOLIO

The firm’s portfolio comprises over 2,500 clients, most of which are international corporations

For 30 years, Muşat & Asociaţii has been at the forefront of the country’s legal and business development, being involved in the biggest transactions for the local market.

1991-1995

1990

Gheorghe Muşat (acting litigation lawyer since 1983) starts his activity as a business legal adviser alongside two younger lawyers under the brand name “Muşat & Associates”; by the end of that year, his “boutique” had gathered eight lawyers.

Advising a large portfolio of high profile foreign clients, such as Societe Generale, Rhone-Poulenc, Cement Francais, Renault, Bouygues, Credit Lyonnais, American International Group, AT&T, Standard Oil, British Petroleum, etc. on their investments & business ventures in Romania.
1996

1999

1997

2000

1998

Acting as lead legal advisor to SHELL in connection with the implementation of the first oil exploration agreement concluded by Romania with a foreign investor, as well as with regard to other SHELL’s investments in Romania.

Assisting Glaxo Smithkline Beecham regarding the successful acquisition of Europharm Group, the first high-profile transaction in Romania (valued at: 100 million EUR).

Acting as lead legal counsel to GE Capital in connection with the acquisition of Banc Post, the first privatization of a Romanian bank. Assisting Sumerbank and Akmaya in relation to the acquisition of PETROMIDIA.

Legal assistance to the Romanian Privatization Authority, in connection with the sale of Banca Agricola to Raiffeisen Bank in a transaction which was acclaimed by the World Bank as the most successful privatization of the year.

Advising Michelin on the takeover of the Tofan Grup, regarded by the business community and the local business media as the biggest private transaction of the year.
2001

2004

2002

2005

2003

Acting as lead legal counsel to Arcelor Mittal in connection with the EUR 800,000,000 successful acquisition of Sidex Galati (the largest Eastern European steel producer), which was awarded as the largest privatization/acquisition of the year.

Advising the Romanian Government in connection with the privatisation of ALRO – Slatina and Alprom. Muşat & Asociații changes its headquarters to 43 Aviatorilor Blvd, a modern A-class building facility.

Acting as legal advisers of Arcelor Mittal in connection with the acquisition of three leading national steel producers, namely Siderurgica S.A. – Hunedoara, Petrotub S.A. – Roman and Tepro S.A. – Iasi (the second largest acquisition of the year).

Assisting SBS Broadcasting on the successful acquisition of Prima TV and of the Romanian leading FM radio stations: Kiss FM, Radio Star, Canet Radio, TV Klumea etc., so far the biggest media acquisitions ever conducted in Romania.

Advising Enel on the successful acquisition of Electrica Dobrogea and Electrica Banat, the first privatization of electricity distribution companies in Romania.
2006

2009

2007

2010

2008

Advising Sider Sipe S.A. on the EUR 120,000,000 sale of Ductil Steel Buzau to a leading European investor (the second largest transaction of the year). Assisting KBC Bank in connection with the EUR 75,000,000 acquisitions of Romstal Leasing.

Assisting Enel in connection with the EUR 820,000,000 acquisition of Electrica Muntenia Sud (acclaimed as the third largest privatization ever conducted in Romania).

Acting for NOKIA in relation to the implementation of “Jucu Greenfield project” regarding the relocation of Nokia’s production facility from Germany to Romania (acclaimed by the business local media as “the largest Greenfield investment of the year”).

Assisting Banca Transilvania in connection with the EUR 100,000,000 sale of the majority stake held in BT Asigurari to Groupama, awarded by the business local media as the biggest transaction of the year in the insurance industry.

Assisting Rompetrol Group NV in connection with the EUR 90,000,000 acquisition of the remaining free float of Rompetrol Rafinare, the most successful mandatory public offering of the year conducted on the Bucharest Stock Exchange.
2011

2014

2012

2015

2013

Retained by the Romanian Government as lead legal advisor in connection with the EUR 1.3 billion construction of Tarnita-Lapustesti Hydropower Plant, with a forecasted installed capacity of 1,000 MW.

Retained by the Ministry of Economy in connection with the sale of 15% of the shares held in Transgaz, as well as the sale of 15% of the shares held in Transelectrica with a total transaction value in excess of EUR 109 million (the biggest capital markets transactions of the year).

Selected by the Ministry of Economy to provide legal assistance for the sale of 10% of the shares in Nuclearelectrica on the IPO successfully closed, for a transaction in excess of EUR 70,000,000 (the biggest capital market transaction of the year).

Muşat & Asociaţii was selected to provide legal advice to Electrica in relation to the sale of the 105% share stake in DFEE Electrica with a transaction value of EUR 440,000,000 (the biggest capital market transaction ever conducted in Romania).

Assisting CRH in relation to the acquisition of Lafarge Romania (part of a global deal of EUR 6.5 billion) awarded by Ziarul Financiar as the largest transaction of the year in Romania.

Latest News

May 30, 2022 Mușat & Asociații advised CATTED Group, a Romanian business group encompassing companies operating in the real estate sector, on a project financing granted by Libra Internet Bank for the development of the CATTED Family residential project. “We are pleased to have worked with Mușat & Asociații on financing CATTED Family, in the present, the largest residential ... READ MORE
May 27, 2022 Sorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. Mușat & Asociații a organizat în data de 26 mai 2022 cea de-a patra ediţie a conferinţelor din seria „Parteneriat în insolvență – ... READ MORE
May 20, 2022 Sorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. Institutul Național de Pregătire a Practicienilor în Insolvență (INPPI), în parteneriat cu Institutul Național al Magistraturii (INM) și editura Universul Juridic a organizat ... READ MORE
May 19, 2022 We’re thrilled to have been named “Eastern Europe Firm of the Year” at the LMG Life Sciences Awards EMEA 2022 held on 12 May in London. A big congratulations to the entire Mușat & Asociații team for winning this award and a big thank you to our clients! We are also very proud that we were ... READ MORE
May 9, 2022 Mușat & Asociații successfully advised the syndicate of banks comprised of Jefferies Finance LLC, J. P. Morgan and Danske Bank A/S, as lenders, on the Romanian law aspects involving the Romanian company BFG Packaging SRL, as part of the EUR 650 million financing of the multijurisdictional acquisition of four companies in the business-to-business (“B2B”) distribution ... READ MORE
May 6, 2022 What? As explained in prior countdowns (see DLC countdown 12, DLC countdown 13 and DLC countdown 14) the notions of “active sales” (to actively target individual customers) and “passive sales” (to respond to unsolicited requests from individual customers) are pivotal to the world of vertical agreements. In principle, buyers should be allowed to actively and passively sell ... READ MORE
May 6, 2022 What? One of the common types of distribution agreements are selective distribution agreements. In a system of selective distribution, the supplier undertakes to sell the contract goods or services, either directly or indirectly, only to distributors selected on the basis of specified criteria and these distributors undertake not to sell such goods or services to unauthorised ... READ MORE
May 3, 2022 For the second year in a row, Muşat & Asociaţii authors the Lexology GTDT’s Labour & Employment chapter for Romania. Managing Associate Simona Anton and Senior Associate Evelina Mieisor-Grecu highlight key employment issues businesses should consider and give an overview of worker representation, hiring employees, including foreign workers, liability for acts of employees, taxation, employee-created ... READ MORE
May 2, 2022 By Managing Associate Stefan Diaconescu Cybercrime is rapidly growing in numbers in the current economic and social context in which communication, trading, business meetings or shopping take place mostly online. Threats arising from cyberspace are more and more sophisticated, with recent surveys showing that persons who perpetrate frauds are becoming ever more adept at misleading companies, ... READ MORE
April 26, 2022 What? Dual distribution occurs where a supplier sells goods or services both directly and through independent distributors, thereby competing with these independent distributors on the downstream market. A classic example would be that of a manufacturer of a clothing brand who sells these clothes in his own stores but also relies upon independent retailers to sell ... READ MORE

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BREXIT. Do Not Panic! There is remedy and opportunity ahead.

Brexit would almost certainly have a short to medium term negative impact on international investors looking to deploy capital into UK but also on British investors and developers seeking to invest or trade with Romania and practically all of the remaining 27 members of the EU.
What is likely to happen – an end to free movement of people, goods and services as we know it, which could ultimately also affect the cost of doing business and impact the market in general.