Bucharest, July 16th, 2025 – ARIR (the Romanian Investor Relations Association), the promoter of the Investor Relations (IR) concept, announces its association with Clifford Chance Badea, the local office of the global law firm Clifford Chance LLP, as Affiliate Member.
Designated by IFLR as the Law Firm of the Year in Romania in 2025 for innovation and legal excellence in multi-jurisdictional projects, Clifford Chance Badea is recognized for its track record of complex transactions including syndicated loans, financings, restructurings, eurobond and equity issuances on international capital markets, derivative financial instruments, company acquisitions by strategic investors or private equity funds, infrastructure and highway projects, real estate investments, as well as domestic and international litigation and arbitration.
By joining ARIR, the law firm will support the community of listed companies in Romania with its expertise in capital market legislation, corporate governance, and corporate events, and will contribute to the exchange of knowledge within it.
Radu Ropotă, Partner, Clifford Chance Badea:
“We choose to join the ARIR community out of the belief that we can support the development of Romania’s capital market together, standing alongside listed companies that have committed to values we believe in: transparency and effective communication with investors. Joining ARIR is a natural step, stemming from the solid expertise we have gained through our involvement in some of the most important capital market transactions in Romania – expertise that has allowed us to strengthen best practices and innovative solutions for issuers.
Our expertise is complementary to that of the companies within the community, and we are confident that active participation in ARIR’s initiatives will be an excellent opportunity to learn from one another and to contribute concretely to increasing the visibility and attractiveness of the Romanian capital market.”
Daniela Maior (Șerban), President and Co-founder, ARIR:
“We are pleased to welcome Clifford Chance Badea to the ARIR community – a team with a strong track record in business law and valuable expertise in the capital markets field. Their joining strengthens our ability to support listed companies in their efforts toward transparency, corporate governance, and effective investor communication. Together, through continuous exchange of experience and concrete collaborations among members, we aim to actively contribute to the development of a modern and competitive ecosystem for the Romanian capital market. ”
An integral part of the global network, Clifford Chance Badea is led by a team of partners consisting of Daniel Badea (Managing Partner), Nadia Badea, Mădălina Rachieru-Postolache, Radu Ropotă, Andreea Șișman, Cosmin Anghel, and Loredana Ralea.
As a market shaper, the Banking & Finance and Capital Markets practice in Bucharest has a portfolio of numerous pioneering transactions for Romania, such as the first corporate bond project (Raiffeisen Bank, 2004); the first Medium Term Notes (MTN) program by a Romanian issuer (Banca Comercială Română, 2009); Romania’s Global Medium Term Notes sovereign bond program, which included the first bond issuance to U.S. investors (2011); the first dual listing of shares, which also included Romania’s first issuance of Global Depository Receipts (GDRs) (Romgaz IPO, 2013); the first green bond financing project (2018); and the first mortgage bond issuance program by a Romanian issuer (Alpha Bank Romania, worth up to EUR 1 billion, 2019).
ARIR members are among the largest companies in Romania, sharing the common goal of implementing best practices in transparency, investor communication, and corporate governance.
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About the Romanian Investor Relations Association (ARIR):
ARIR is the promoter of the Investor Relations (IR) concept in Romania and we believe that by following standards of transparency, corporate governance and proactivity in communicating with investors, our members will benefit from added value, attract funding more easily, have the reputation and trust necessary for the continued development of their business.
The Romanian Investor Relations Association – ARIR was founded at the initiative of Daniela Maior (Șerban) in November 2018 together with the founding members: Bucharest Stock Exchange (BVB), ALRO, Franklin Templeton Management – Bucharest, Hidroelectrica, Nuclearelectrica, Teraplast, Transelectrica, and Tony Romani. The following companies have joined the community: Electrica, OMV Petrom, Antibiotice, Purcari, Salt Bank, BRK Financial Group, Banca Transilvania, Transgaz, MedLife, Romcarbon, Farmaceutica REMEDIA, Autonom, IMPACT Developer & Contractor, One United Properties, Transport Trade Services, Patria Bank, BRD – Groupe Société Générale, Rompetrol, Agista, Mecanica Fină, AQUILA, Mecanica Fină, Bento, ROMGAZ, DN AGRAR, Sphera Franchise Group and ROCA Industry as Associate Members. ENVISIA, RTPR, Forvis Mazars, Marsh Broker de Asigurare – Reasigurare and Clifford Chance Badea became Affiliated Members.
More information about ARIR: www.ir-romania.ro.
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