At the end of 2012, Ionescu and Sava reported a 5% increase in revenue, from EUR1.3 million in 2011, with revenues from litigations contributing some 60% of the sum.
In the first quarter of 2013, the law firm advised German group Daimler AG on an investment in Sebes, central Romania. Daimler said in April it would invest over EUR300 million in expanding the automatic transmission production for Mercedes-Benz at its Romanian subsidiary in Sebes.
The law firm has recently obtained in court the cancellation of a clawback tax payment claim of 15 million lei (EUR3 million) issued by the Romanian National Health Insurance House (CNAS) against Swiss pharmaceutical company Novartis for medicines sold in the second quarter of 2012.
Last year, Ionescu and Sava invested EUR10,000 in a summer university for Law School students in mountain resort Poiana Brasov.