MOLDOVA Trends and Developments
Trends and Developments Contributed by:
Oleg Efrim and Vladislav Roșca Efrim, Roșca and Associates
Efrim, Roșca and Associates (ERA) is known for its expertise in corporate, transactional, competition and regulatory law, advising leading firms in highly regulated and dynamic industries. Its clients include top companies in banking, insurance, ICT, tobacco, automotive and retail, as well as major public sector organisations such as the Government of the Repub- lic of Moldova, the National Financial Market Com- mission and Moldova IT Park. The ERA team excels in drafting legislative acts and contracts, providing accurate and tailored documentation that empha-
sises clarity. The firm is recognised for handling com- plex cases involving detailed analysis and innovative approaches, supported by advanced legal reasoning and a thorough understanding of the business land- scape. Its expertise in competition and administrative law combines extensive knowledge – from European law to local regulations – with a practical, results- oriented approach. Clients trust ERA to offer sector- specific legal advice that provides accuracy, insights and effective results.
Authors
Oleg Efrim is the managing partner at ERA and a leading expert in M&A and corporate and commercial law, advising on complex transactions in regulated sectors such as banking and insurance. As Minister of Justice
Vladislav Roșca is a partner at ERA and blends extensive transactional experience with a strong litigation background, especially in high-stakes corporate disputes. He has been involved in landmark cases related to
(2011–2015), he led the modernisation of Moldova’s Civil Code, creating one of the most advanced civil law systems in the region. In private practice, he has played an active role in key reforms to align corporate law with EU standards, including the overhaul of the Law on Limited Liability Companies. Oleg combines strategic policy knowledge with strong transactional skills, and teaches at Moldova State University.
shareholder conflicts, corporate governance and contentious M&A, particularly in heavily regulated industries. His expertise in contract law, obligations, real rights and regulatory compliance enables him to develop strategies that combine litigation and transactional approaches. Vladislav has successfully represented clients across all levels of Moldovan courts, offering solutions that safeguard both immediate interests and long-term business objectives.
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