Efrim, Roșca and Associates has won the 2018 Deal of the Year Award by the prestigious CEE Legal Matters magazine. We are honored to announce that ERA has won the 2018 Deal of the Year in the Republic of Moldova awarded by the prestigious CEE Legal Matters magazine. The prize was awarded for the representation of B.C. Moldova-Agroindbank S.A. and the Moldovan Government in the deal for sale of the majority stake to the International Consortium of Investors – EBRD, Invalda INVL, Horizont Capital. It is for the first time in the history of this competition when the prize was awarded to a Moldovan legal company.

In that transaction, the team of the Efrim, Roșca and Associates Law Firm consisted of Oleg Efrim, Ilona Panurco and Tinca Bodiu. Legal practitioners with vast experience from Central and Eastern Europe gathered in Budapest on 28 March at the CEE Deal of the Year Award ceremony (award for the deal of the year across Central and Eastern Europe). The Efrim, Roșca and Associates Law Firm was represented in Budapest by Ilona Panurco, Senior Consultant, Head of the Consultancy Department. “The importance of the deal was determined not only by the fact that there was sold a significant block of shares in the largest bank in the Republic of Moldova.

It was the first deal of such kind, whose complexity was difficult to imagine. We were honored to represent both B.C. Moldova-Agroindbank S.A. and the Moldovan Government in the capacity of seller. The prestigious award is a recognition of the value of the ERA team that is endowed with the necessary knowledge and training, but also with dedication and devotion sufficient to participate in such transactions. I am glad that the quality of services provided by ERA is recognized not only by clients and the business community, but also by prestigious international publications”, said Oleg Efrim, Managing Partner of Efrim, Roşca and Associates.
The CEE Deal of the Year Awards are given based on a unique and complex selection process carried out by teams of experts from Central and Eastern Europe. This year, such renowned law firms as Allen & Overy, Baker McKenzie, CMS, Cobalt, Freshfields Bruckhaus Deringer, Redcliffe Partners, Sayenko Kharenko, Țuca Zbârcea & Asociatii, White & Case, Wolf Theiss have competed for being awarded the 2019 CEE Deal of the Year Award.

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The prestigious Chambers Europe 2019 ranking has identified the best law firms. The success of the Efrim, Roşca and Associates Law Firm has also been recognized this year, and the work of lawyers has led to a promotion to the top. Similarly, the professionalism of the law firm has led to climbing the top in the Corporate/Commercial category. Thus, the Efrim, Roşca and Associates Law Firm has been ranked Band 3 in the Corporate/Commercial category. The ranking states that the company is recognized due to its reputation and growth on the market. The client base is made up of national and international companies, and ERA lawyers provide advice on corporate governance, structuring, or insolvency. Clients say they are extremely satisfied with the flexibility of the team, which finds solutions to any problem at any time of the day. Moreover, clients state that the lawyers’ team provides “accurate, well-executed and well-documented” advice.
Ilona Panurco, Senior Consultant, Head of the Consultancy Department, has been mentioned among the notable practitioners of the law firm. As regards the Litigation category, the ERA has been ranked Band 2, recording growth. According to the ranking, the team is known for its practice and increasingly prominent
reputation. The team manages a wide range of files related to insolvency, intellectual property, or collection of payments. The team also deals with “white-collar” crimes. Clients describe the ERA as being aware of local market issues.
The category of notable practitioners has included Oleg Efrim, Managing Partner of the Efrim, Roşca and Associates Law Firm, who is said to assist international companies in commercial disputes. Clients appreciate Oleg Efrim’s experience in the Government and praise lawyer’s approaches and strategies. Moreover, clients state that Oleg Efrim is very impressive in court.
Vlad Roşca, Partner of the Efrim, Roşca and Associates Law Firm, who represents both individuals and legal entities in complex commercial disputes, has also been included in the category of notable practitioners. Vlad Roşca also represents clients in hard cases at the Supreme Court of Justice. Clients praise Vlad Roşca’s approach in court and say he is an effective litigator. Moreover, he has a vast experience in commercial litigation, and clients describe him as being exceptionally good. This year, two partners of the Law Firm has been personally recognized in the top in the Litigation category. Oleg Efrim has been ranked Band 2, while Vlad Roşca has been ranked Band 1. Vlad Roşca and Oleg Efrim have been recognized and ranked in the top of the Chambers Europe since 2007.
The Efrim, Roşca and Associates Law Firm is one of the leaders in the legal advice and advocacy market of the Republic of Moldova. The team is in constant collaboration with other law firms outside the country, which allows it to participate in regional and international projects with reliable external partners.


The performance of the law firm ”Efrim, Roșca și Asociații” was also recognized this year by The Legal 500, which has positioned ERA as one of the best law firms in the Republic of Moldova. In the rankings made by The Legal 500, in the general overview, the law firm “Efrim, Rosca și Asociații” was ranked third.

At the same time, one of the company’s lawyers, Ilona Panurco, was nominated in the category of Next Generation Lawyers. The Legal 500 writes about “Efrim, Rosca și Asociații ” that it is a strong and competent team that offers professional expertise. The Legal 500 is one of the world’s most renowned, independent international guide of the global legal market.

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Lately the law firm “Efrim, Roşca și Asociaţii” has achieved remarkable results, these being recognized by the prestigious Chambers Europe 2018 ranking. The recently published list that included the best law firms and lawyers also comprises both the law firm “Efrim, Rosca și Asociaţii”, and the two partners of its: Oleg Efrim and Vlad Rosca. In Dispute Resolution classification the ERA was ranked third. The authors of the ranking state that the company was founded by well-known lawyers and has good reputation and positive feedback from customers. ERA deals with a wide range of contentious, commercial, fiscal, economic, intellectual property and competition cases.

ERA attorneys are valued by the customers for their ability to meet customers’ needs. “They know what to do in any situation to meet customer’s expectations” or “They are excellent, doing more than they are asked to”, clients say. The beneficiaries are also pleased with the availability of ERA lawyers: “24 out of 24 they are available and you can rely on them in any situation.” In particular, Chambers Europe 2018 placed Vlad Rosca, the Partner of ERA, on the first level, in Dispute Resoluțion classification. Vlad Rosca is said to be one of the most well-known litigators in the Republic of Moldova, and the recognition came from his good reputation and positive feedback.

The customers appreciate his profound knowledge. Vlad Rosca represents national and international clients in commercial arbitration litigations, administrative and criminal proceedings, as well as bankruptcy cases. Oleg Efrim, the Managing Partner of ERA, according to Chambers Europe 2018 got the third place due to strong market recognition. Oleg Efrim has experience in commercial and civil litigations, also providing consulting services in the field of competition law. It is described by customers as “polite, accurate and provides the answers promptly”. Both partners represented cases of notorious litigations in the Republic of Moldova, while the consulting team dealt with complex issues in corporate sector, in the field of intellectual property, competition, banking, regulatory and legislative framework development.

For Vlad Rosca and Oleg Efrim this is not the first appearance in Chambers Europe. They enjoyed recognition and placement in the Chambers Europe top in 2007, 2008 and 2017. Now they have incorporated into a company and work both together and individually on the top levels. Chambers Europe performs annual rankings in more than 50 jurisdictions, based on a profound analysis of each law firm’s activity, interviews with its clients, and market peculiarity. The publication is recognized in the field for its independence and impartiality.

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We are happy to announce that „Efrim, Roșca și Asociații” Law Firm was ranked as one of the best law firms in the Republic of Moldova in 2017, in financial and corporate sector, by the IFLR1000, a well-known and reliable guide to the world’s leading and corporate law firms and lawyers.

 According to the IFLR1000, ERA „has acted for the likes of British American Tobacco, FlyRen Energy, and ICS ProDigital on general corporate matters. At the same time „a deal highlight saw the firm advise on the development of a photovoltaic plant”, says the IFLR1000.

We are delighted that our clients reported to the IFLR1000 that ERA is „very professional and trustworthy.” Alongside with our firm ranking, the IFLR1000 recognized and acclaimed the outstanding work of lawyers from ERA. It was pointed out, that Oleg Efrim, Managing Partner of ERA, was rated as a „highly regarded” lawyer and Ilona Panurco, Head of Consulting Department, is „professional, fast and competent”.

The IFLR1000 is the guide to the world’s leading financial and corporate law firms and lawyers. First rankings were published in 1990 and currently the research covers over 120 jurisdictions worldwide, including the Republic of Moldova. The IFLR1000 research is a continuous process which keep abreast of major developments (notable transactions and law firm news) throughout the year.


After only one year of activity ”Efrim, Roșca și Asociații” Law Firm informs that it is recommended by the Legal 500 as one of the best law firms. The independent expert guide included ERA in this prestigious top due to the professionalism shown by its team of attorneys at law.

The clients cited by the Legal 500 related about ERA that ”it has highly experienced lawyers, with a reputation gained over time”, such as the former Minister of Justice, Oleg Efrim. It soon became ”one of the top firms in the country”, and the clients say that ”the services provided are excellent and the detailed responses are sent in very short time”.

As about Vladislav Roșca and Ilona Panurco, the clients declared that ”they are professional and competent specialists, skilled and experienced enough in order to offer high quality services”. ”The presence of ERA in the top of the best law firms of Moldova is an honor for us, especially as such results were obtained after the first year of activity. It is an excellent proof of the professionalism of a dynamic team, of the top expertise we have and high appreciation shown towards us by our clients”, declared Oleg Efrim, Managing Partner of ”Efrim, Roșca și Asociații”.

The Legal 500 publishes annually the assessments related to the activity of the law firms. This year the performance of law firms in over 150 countries has been assessed. The firms are ranked after an extended analysis of the projects, of the complexity of legal issues and of the methods of solving the cases. Another criterion is the feedback offered by the clients.