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Iveco Defence Vehicles secures EUR 700 million contract with support from bpv GRIGORESCU STEFANICA

Iveco Defence Vehicles secures EUR 700 million contract with support from bpv GRIGORESCU STEFANICA

The procedure was finalized with the awarding of the framework agreement to IDV in December 2019, the first batch of 942 vehicles to be delivered over four years, starting 2020

bpv Grigorescu Stefanica advised Iveco Defence Vehicles (IDV), part of the CNH Industrial group of companies, during the public procurement procedure of the Romanian Ministry of National Defence for the acquisition of more than 2.900 high mobility trucks for a total contract value over EUR 700 Million. The procedure was finalized with the awarding of the framework agreement to IDV in December 2019, the first batch of 942 vehicles to be delivered over four years, starting 2020.

During the past 12 months, the procedure was challenged several times by IDV’s closest competitor, but the Romanian courts dismissed all claims.

IDV was advised by a joint team of public procurement and litigation experts led by Anca Albulescu, Partner and Head of the Public Procurement Practice, and Daniel Stefanica, Partner and Head of the Dispute Resolution Practice of bpv Grigorescu Stefanica, assisted by Raluca Marcu, Managing Associate, and Serban Dumitrescu, Senior Associate.

About bpv GRIGORESCU STEFANICA

bpv Grigorescu Stefanica is a business law firm with a full-service offering for complex projects and litigation and a unique combination of legal and tax advisory capabilities. Founded in 2006, the firm is known internationally for its focus on the technology sector and its practice in areas such as Corporate, Mergers & Acquisitions, Taxation, Employment & Benefits, Procurement, Concessions & PPPs, Medical services, Energy and Infrastructure. bpv Grigorescu Stefanica team is mentioned continuously among the recommended law firms by the most prominent international legal publications such as Chambers & Partners, Legal 500, IFLR1000, ITR World Tax.

bpv Grigorescu Stefanica is a founding member of bpv Legal, an alliance of independent business law firms with offices in Bratislava, Brussels, Bucharest, Budapest, Prague and Vienna, offering cross-border legal advisory services.

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BPV GRIGORESCU STEFANICA