Allen & Overy has advised Powszechna Kasa Oszczędności Bank Polski S.A. (PKO Bank Polski) on the PLN73 million and EUR5.5 million financing granted to Polski Bank Komórek Macierzystych S.A., a stem cells bank based in Poland and the largest in Europe.

The RTPR Allen & Overy team in Bucharest was led by Counsel Poliana Gogu-Naum, coordinated by Partner Victor Padurari and further included Junior Associate Andrei Konya. The A&O Warsaw team was coordinated by Partner Tomasz Kawczynski and Associate Weronika Groskrejc, and also included lawyers from Madrid and Budapest offices.

Poliana Gogu-Naum, Counsel, said: “We are honoured to have advised PKO Bank Polski once again in relation to another key financing in the region. This is a landmark transaction for the stem cells bank sector which is fast developing in recent years. We are happy we have contributed to this deal and I am sure we will hear soon of their growing business. PKO Bank is one of our traditional clients in the region and we would like to thank them for the excellent cooperation on this deal.

Poliana was awarded Rising Star for Romania at the inaugural Europe Rising Stars Awards which was organised by Euromoney Legal Media Group and was held in London last month. She is recommended as a Next Generation Lawyer in the Banking & Finance section of the 2019 edition of Legal 500 and is ranked as Highly Regarded in the 2020 edition of IFLR1000.

International legal guides Legal 500 and IFLR1000 position RTPR Allen & Overy’s Banking & Finance practice on the top tier in the rankings for Romania, recognising our lawyers as market leaders in the field.

 

  • Note to the editors:
  1. Allen & Overy is an international legal practice with approximately 5,500 people, including some 550 partners, working in more than 40 offices.
  2. RTPR was incorporated in 2004 and has been working in association with Allen & Overy since 2008. RTPR Allen & Overy has a team of 45 lawyers, including 6 partners: Costin Taracila, Victor Padurari, Alexandru Retevoescu, Mihai Ristici, Valentin Berea, Alina Stavaru and also Prof Dr Lucian Mihai, Of counsel.
  3. In this press release, “Allen & Overy” means Allen & Overy LLP and/or its affiliated undertakings.
  4. In this press release, “RTPR Allen & Overy” means Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP.
  5. Allen & Overy has been operating in the CEE region since 1991, when its first office opened in Warsaw. Since then, it has expanded its operations to include Prague, Budapest, Bucharest, Bratislava and Moscow, all of which are renowned in the market for top quality legal advice combined with local commercial understanding, as well as for their integrity and their pro-active approach to matters. Additionally, Allen & Overy signed an exclusive association with the leading full-service Romanian law firm Radu Taracila Padurari Retevoescu SCA (RTPR), effective from July 2008, expanding the number of CEE offices in which we are able to provide local law advice to six.
  6. PPF Group invests in multiple market segments such as financial services, telecommunications, biotechnology, real estate, and mechanical engineering. PPF Group’s reach spans from Europe to the USA and across Asia, owning assets worth over EUR 47 billion (as at 30 June 2019)