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Stefan Damian talks to Legal Week Legal Week's latest report on Independent Law Firms in Europe recognized Tuca Zbarcea & Asociatii's "rapid growth" and quotes Stefan Damian, Deputy Managing Partner, on the current legal market trends and developments. Legal Week's latest report on Independent Law Firms in Europe recognized Tuca Zbarcea & Asociatii's "rapid growth" and quotes Stefan Damian, Deputy Managing Partner, on the current legal market trends and developments: "Since the turn of the century, Romania has made up major ground on those of its neighbours that gained full membership of the EU in 2004. (…) The effect on the legal market has been not only to increase the volume of work, but also its quality". - Legal Week's reporters "We are trying to develop expertise in corporate, capital markets, liquidation / corporate recovery and tax and competition law, which will become more mature as the market develops." - Stefan Damian "Bucharest is emerging as a hub for operations and investment into the wider region, in particular neighboring Bulgaria, Moldova and Serbia and to a lesser extent to Turkey and other parts of former Yugoslavia." - Legal Week's reporters "Compared with the dark years of the 1990s, things are very good now. You can literally see things improving on a daily basis." - Stefan Damian "For the 50 lawyers at Bucharest's Tuca Zbarcea & Asociatii, the country's imminent accession to the world's largest economic union creates opportunities. (…) Deputy Managing Partner Stefan Damian explains: "we aim to be a full service firm just like any big office of a magic circle firm. EU, competition law and tax will be very important. We expect investment will grow significantly after accession – obviously, referrals from international firms will also increase." (…) Romania's legal scene at the end of 2007 will no doubt look quite different to the way it does today. Fifty-lawyer Tuca could go either way – its rapid growth will have put it within the sights of international firms looking for a Bucharest presence, while each large market can usually support at least three substantial independent firms." - Legal Week's reporters Independent Law Firms in Europe, a Legal Week annual supplement, has analyzed global trends and developments in the legal market with a focus on Romania as it will become a full member of the EU from 1st of January 2007.
December 5, 2006
Ştefan Damian talks to Legal Week
Legal Week's latest report on Independent Law Firms in Europe recognized Ţuca Zbârcea & Asociaţii's "rapid growth" and quotes Ştefan Damian, Deputy Managing Partner, on the current legal market trends and developments. [+]

Legal Week's latest report on Independent Law Firms in Europe recognized Ţuca Zbârcea & Asociaţii's "rapid growth" and quotes Ştefan Damian, Deputy Managing Partner, on the current legal market trends and developments:

"Since the turn of the century, Romania has made up major ground on those of its neighbours that gained full membership of the EU in 2004. (…) The effect on the legal market has been not only to increase the volume of work, but also its quality". - Legal Week's reporters

"We are trying to develop expertise in corporate, capital markets, liquidation / corporate recovery and tax and competition law, which will become more mature as the market develops." - Ştefan Damian

"Bucharest is emerging as a hub for operations and investment into the wider region, in particular neighboring Bulgaria, Moldova and Serbia and to a lesser extent to Turkey and other parts of former Yugoslavia." - Legal Week's reporters

"Compared with the dark years of the 1990s, things are very good now. You can literally see things improving on a daily basis." - Ştefan Damian

"For the 50 lawyers at Bucharest's Tuca Zbarcea & Asociatii, the country's imminent accession to the world's largest economic union creates opportunities. (…)
Deputy Managing Partner Ştefan Damian explains: "we aim to be a full service firm just like any big office of a magic circle firm. EU, competition law and tax will be very important. We expect investment will grow significantly after accession – obviously, referrals from international firms will also increase." (…)
Romania's legal scene at the end of 2007 will no doubt look quite different to the way it does today. Fifty-lawyer Tuca could go either way – its rapid growth will have put it within the sights of international firms looking for a Bucharest presence, while each large market can usually support at least three substantial independent firms."
- Legal Week's reporters

Independent Law Firms in Europe, a Legal Week annual supplement, has analyzed global trends and developments in the legal market with a focus on Romania as it will become a full member of the EU from 1st of January 2007.

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Tuca Zbarcea & Asociatii launches Better Business in Romania Consistent with our goal to provide high quality information, we have recently published Better Business in Romania, a comprehensive guide intended to help investors and business operators to become familiar with the complex maze of laws and regulations. Better Business in Romania is meant to assist companies seeking to gain a foothold in the Romanian market. On the 26th September, 2006, the European Commission approved the Monitoring Report concerning the State of Preparedness of Bulgaria and Romania for EU membership. This enabled the two countries to join the EU on the 1st January 2007. Romania is now a fully fledged member of the EU and will benefit from financial support from structural funds of approximately 2 billion Euros per annum in the first three years after accession. EU structural funds will contribute to the development of sectors such as infrastructure, IT, education, health, environment, rural areas and SMEs. Consistent with our goal to provide high quality information, we have recently published Better Business in Romania, a comprehensive guide intended to help investors and business operators to become familiar with the complex maze of laws and regulations. Better Business in Romania is meant to assist companies seeking to gain a foothold in the Romanian market. It provides a concise overview of Romania`s key business legislation. First launched in November 2006, the booklet will be continuously updated with the most recent information on legal developments. However, it does not seek to provide specific legal advice. For further details and clarifications on any of the topics addressed in Better Business in Romania, please feel free to contact us. You may also request a copy of the CD and/or booklet using the form in Better Business section.
December 4, 2006
Ţuca Zbârcea & Asociaţii launches Better Business in Romania
Consistent with our goal to provide high quality information, we have recently published Better Business in Romania, a comprehensive guide intended to help investors and business operators to become familiar with the complex maze of laws and regulations. Better Business in Romania is meant to assist companies seeking to gain a foothold in the Romanian market. [+]

On the 26th September, 2006, the European Commission approved the Monitoring Report concerning the State of Preparedness of Bulgaria and Romania for EU membership. This enabled the two countries to join the EU on the 1st January 2007. Romania is now a fully fledged member of the EU and will benefit from financial support from structural funds of approximately 2 billion Euros per annum in the first three years after accession. EU structural funds will contribute to the development of sectors such as infrastructure, IT, education, health, environment, rural areas and SMEs.

Consistent with our goal to provide high quality information, we have recently published Better Business in Romania, a comprehensive guide intended to help investors and business operators to become familiar with the complex maze of laws and regulations. Better Business in Romania is meant to assist companies seeking to gain a foothold in the Romanian market. It provides a concise overview of Romania`s key business legislation. First launched in November 2006, the booklet will be continuously updated with the most recent information on legal developments. However, it does not seek to provide specific legal advice.

For further details and clarifications on any of the topics addressed in Better Business in Romania, please feel free to contact us. You may also request a copy of the CD and/or booklet using the form in Better Business section.

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Assisting a leading Canadian mining corporation in relation to Romania's largest FDI worth USD 4 billion for the development and operation of the Roşia Montană Project [...]
Assisting a leading Canadian mining corporation in relation to Romania's largest FDI worth USD 4 billion for the development and operation of the Rosia Montana Project
Assisting the biggest electricity producer in the Czech Republic in relation to a EUR 460,000,000 financing of the development and operation of the largest onshore wind farm in Europe [...]
Assisting the biggest electricity producer in the Czech Republic in relation to a EUR 460,000,000 financing of the development and operation of the largest onshore wind farm in Europe
Successfully representing the largest property fund in CEE in several corporate disputes involving claims regarding distribution of dividends between shareholders [...]
Successfully representing the largest property fund in CEE in several corporate disputes involving claims regarding distribution of dividends between shareholders


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