White & Case
  Flaviu Nanu
Counsel
Bucharest

T: + 40 31 224 8400
F: + 40 31 224 8401
E:
Practice Experience
Flaviu Nanu is a Romanian qualified lawyer with over 10 years of experience across multiple practice areas, including M&A, private equity, corporate and commercial law, real estate, energy, banking and privatizations.

With an expertise that covers a wide array of legal issues related to the employment and labor legislation, Flaviu coordinates the day-to-day activity of the Bucharest office Employment Law Group.

Prior to joining White & Case, Flaviu worked for leading UK and Austrian law firms.

He has advised, among others, Erste Bank, HSBC, E.ON, CEZ, IBM Corporation, Amazon.com, KazMunaiGaz, Advent, Argo Capital, Provident Financial, Generali PPF Holding, DEGI, ING Real Estate, Bank Austria Creditanstalt, EFG, Moeller Electric, Novartis and Romtelecom.

Specific experience during the course of his career includes:

Energy, Oil and Gas 
  • Acting as advisor for the project company EnergoNuclear in connection with the construction of units No. 3 and 4 of Cernavoda Nuclear Power Plant 
  • Advising a consortium of major European financial institutions in connection with a prospective non-recourse debt financing to develop, construct, commission and operate a brown field gas-fired cogeneration plant to be located in Bucharest, Romania; advice has included drafting legal and regulatory report on investments, market access and operation, environmental including CO2 emissions and trading scheme 
  • Advised a major international joint venture acting in the oil & gas industry sector, in relation to its intended acquisition of the second largest Romanian importer and gas trader 
  • Advised PNE Wind, a major renewable energy German investor, on regulatory matters for renewable energy investments in South-eastern Romania (Constanta county); the advice covered various fields as energy regulatory matters, corporate matters, constructions 
  • Assisted Energy Rose, an international energy group, on the development of a wind park in Constanta county (Southeastern Romania). Our comprehensive advice included the assistance of the client in relation with the completion of the acquisition of the relevant Romanian entity and of the ownership rights over the land necessary for the development of the wind park, the negotiation and successful conclusion of the wind turbines supply agreement and the operation and maintenance agreement, as a turnkey project with the world leader in wind technology, and the structuring and implementation of the financial arrangements required for the completion of the project 
  • Advised Anemo Energy in connection with the negotiation of the share sale and purchase pre-agreement, loan agreement and pledge agreement, in the context of the intended sale of shares by the company's shareholders 
  • Advised KazMunaiGaz in relation to the acquisition of the majority stake in the Rompetrol Group 
  • Advised E.ON group in the acquisition of Electrica Moldova and restructuring of its business 
  • Advised RWE group in relation to its involvement in Nabucco pipeline project 
  • Advised CEZ in relation to restructuring of its business in Romania 
  • Advised Danish investors in relation to the construction of a wind park in Romania

Real Estate 
  • Advised Romania Hypermache SA, in relation to the acquisition of several real properties in Drobeta-Turnu Severin, for the purposes of developing a multi-functional development including a hypermarket, a commercial gallery, a DIY store, as well as office building 
  • Advised Provera Rom in relation to the acquisition by public auction of several industrial assets located in the administrative centre of Brasov (Centre Romanian)
  • Advised Albro Estate in a complex transaction including a three stage acquisition and development of an industrial site in Bucharest 
  • Advised a Louis Delhaize group company in connection with acquiring and securing the building right for a retail project in Bacau city (Eastern Romania) 
  • Advised DEGI Deutsche Gesellschaft fur Immobilienfonds in relation to the acquisition of a three-office building portfolio in Bucharest 
  • Advised Immorent in relation to the joint development of a mixed real estate project in Bucharest together with the Rompetrol Group 
  • Advised in relation to the acquisition by Immoeast AG of a significant participation in Adama holding 
  • Advised Argo Capital in relation to the development of retail parks in Iasi, Sibiu, Oradea and Suceava 
  • Advised First Title Insurance Plc, on various projects in Romania 
  • Advised European Future Group in relation to certain real estate acquisition and development projects in Romania 
  • Advised a large US-based constructor in developing a fashion outlet in Romania 
  • Advised Austrian and UK retailers in securing premises in various Romanian shopping malls 
  • Advised Bank Austria Creditanstalt and Hypo Alpe-Adria Bank in relation to the financing of several real estate projects in Romania

Labor and Employment 
  • Advised Novartis Pharma Services AG in connection with employment aspects related to the reorganizing of the activity of its Romanian Representative Office 
  • Acting for the Romanian representative office of the pharmaceuticals manufacturer Novartis in relation to various employment and data protection issues including the preparation of internal regulation and termination of employment agreements 
  • Advising the Romanian insurance company ARDAF in connection with the performance of collective redundancies and the negotiations of the collective bargaining agreement with the labor unions 
  • Advised Survey Sampling RO on various labor issues in connection with drafting and negotiating individual labor agreements, preparing internal procedures and the collective bargaining agreement 
  • Assisted Trelleborg AB in connection with individual dismissals of employers, as well as with employment litigation 
  • Advised US software manufacturer Amazon.com in connection with the employment and labor issues entailed by the setting up of its Romanian subsidiary, including negotiation and conclusion of employment agreements 
  • Acted for IBM Corp. on employment related issues in connection with the transfer of certain of its activities to a Chinese corporation 
  • Advised UK-based financial institution Provident Financial Plc in relation to the employment aspects related to the setting up of its Romanian subsidiary

Mergers & Acquisitions, Private Equity

Banking, Insurance and Securities 
  • Advised Erste Bank in relation to the acquisition of the largest Romanian bank - Banca Comerciala Romana 
  • Advised HSBC in relation to the proposed acquisition of two Romanian non-banking financial institutions specialized in mortgage loans and consumer loans 
  • Advised Generali PPF Holding in the acquisition of ARDAF S.A. and RAI S.A. insurance companies 
  • Advised EFG in relation to the acquisition of the Romanian brokerage company Capital Securities 
  • Advised Elbit group in the proposed acquisition of a Romanian insurance company 
  • Advised Provident Financial Plc in relation to the setting up of a Romanian subsidiary specialized in consumer loans 
  • Advised Bausparkasse Schwabisch Hall AG in relation to the incorporation of the first Romanian building society Raiffeisen – Banca pentru Locuinte 
  • Advised VAV Versicherungen in the proposed acquisition of a Romanian insurance company

Pharmaceuticals 
  • Advised Advent fund in relation to the sale of its stake in the Romanian pharmaceutical company Terapia 
  • Advised Andreae-Noris Zahn AG (ANZAG) in relation to the acquisition of the Romanian medicines distribution company Farmexpert 
  • Advised Novartis – Bucharest Representative Office in relation to various corporate aspects 
  • Advised Zentiva in connection with the conduct of business in the pharmaceutical sector in Romania 
  • Advised Novartis in relation to certain price and reimbursement issues

Telecom & IT 
  • Advised Invitel Holdings A/S in connection with the sale of Invitel International, including its subsidiary S.C. EuroWeb Romania S.A., to Türk Telekom for an enterprise value of €221 million 
  • Advised ABC Data S.A., the Polish IT products distribution market leader, in connection with the acquisition of 51% shares in Scop Computers SRL, a Romanian privately owned distributor, in a transaction with an estimated value of EUR 5 million, which included as concerns a complex due diligence investigation on all aspects related to the corporate standing and the business activity of the target 
  • Advised Amazon.com regarding the setting up of its Romanian subsidiary and outsourcing of certain business activities to Romania 
  • Advised Telefonica Spain in relation to the establishing of its Romanian branch, including as concerns regulatory aspects 
  • Advised Romtelecom S.A. on general corporate matters and public procurement

Transportation
  • Advised the most important German railway operator in acquiring the largest Romanian private transporter and commissioner.

Other industries 
  • Advised Fossil Inc. in relation to certain consumer protection related procedures before the Romanian authorities 
  • Advised the SafeRoad AS, a Norwegian based portfolio company of Nordic Capital Fund VII in acquiring the Romanian subsidiary of ViaCon group 
  • Advised Sapa Group in relation to the restructuring of its business activities in Europe 
  • Assisted a major Belgian retailer in the preparation and submission of a binding bid (including a due diligence exercise) for the potential acquisition of two local supermarket chains, with presence throughout the territory of Romania 
  • Advised Moeller Electric in relation to the sale of its Romanian subsidiary Electrotel Alexandria to a local investor

Bars and Courts
Romanian Bar, 2000
Bucharest Bar Association, 2000

Education
LLM, Business Law, Nicolae Titulescu University, Faculty of Law, Bucharest, Romania, 2008
LLB, University of Bucharest, Faculty of Law, Bucharest, Romania, 2000
Maîtrise en Droit Européen, Collège Franco-Roumain d’Etudes Européennes, (Université Paris I Panthèon-Sorbonne/University of Bucharest), Bucharest, Romania, 2000

Professional Associations and Memberships
EELA, 2010
International Bar Association, 2000

Languages
Romanian
English
French

Citizenship
Romania