News

Popovici Nițu Stoica & Asociații (PNSA) is pleased to announce that it has acted as legal counsel to longstanding client Ameropa Group in successfully closing the sale of Azomureș production business, Romania's largest fertilizer production platform, to S.N.G.N. Romgaz S.A. The closing follows the signing of the transaction announced in June 2026 and the fulfilment of the applicable conditions precedent.

The PNSA multidisciplinary team was led by Bogdan C. Stoica – Partner and included Ioana Lazăr – Managing Associate, Crina Stan – Associate, Raluca Rusu – Tax Partner, Ioana Cazacu – Employment Partner and Ștefania Dan – Consultant.

The transaction involved the transfer of all assets related to Azomureș's production activities, as well as the assignment of key contracts and the transfer of employees necessary to ensure business continuity, under a transfer of business as a going concern structure.

PNSA provided comprehensive legal assistance throughout all stages of the transaction, including structuring, due diligence, negotiation, drafting and execution of the transaction documents, as well as support through signing and closing.

The PNSA multidisciplinary team was led by Bogdan C. Stoica – Partner and included Ioana Lazăr – Managing Associate, Crina Stan – Associate, Raluca Rusu – Tax Partner, Ioana Cazacu – Employment Partner and Ștefania Dan – Consultant.

Commenting on the closing, Bogdan C. Stoica stated:

"We are delighted to see this landmark transaction successfully completed. 15 years after we have had the chance of advising Ameropa on the acquisition of Azomureș, it has been a privilege to support the group throughout this strategic divestment, from the initial structuring and negotiations through signing and closing. The successful transfer of Azomureș's production business to Romgaz opens a new chapter for this strategically important industrial platform and reinforces the connection between Romania's natural resources, industrial sector and agriculture."

The transaction represents a significant milestone for the Romanian energy, industrial and agricultural sectors, supporting the long-term sustainability of domestic fertilizer production and facilitating the integration of Romania's natural gas resources into value-added industrial processes.

Ameropa is a Swiss-based global agribusiness group that has been present in Romania for almost two decades. The group remains a key participant in the Romanian market through its fertilizer distribution, grain trading and port operations activities, continuing its long-term commitment to Romania following the closing of the transaction.

Popovici Nițu Stoica & Asociații is a leading Romanian independent law firm and has been at the forefront of the market since its incorporation in 1995.

Popovici Nițu Stoica & Asociații and PNSA Tax group today more than 80 lawyers and counsels, including 18 partners, largely acknowledged as top-notch commercial law experts by clients and peers.