This site places cookies on your device to offer you a better browsing experience. You can visit this page to find out more on how we use cookies and how you can change your settings. If you continue browsing our site, we’ll assume you agree to our cookie use.      Accept this cookie | Find out more

Țuca Zbârcea & Asociații
Print Site Map
   
Home/News
News
 
 
 
News
Tuca Zbarcea & Asociatii advised on a new credit facility for MedLife, as part of a EUR 228 million syndicated loan Tuca Zbarcea & Asociatii advised the banking syndicate consisting of Banca Comerciala Romana, as coordinator and lender, Raiffeisen Bank, BRD Groupe Societe Generale, Banca Transilvania, ING Bank N.V. Amsterdam Sucursala Bucuresti and Erste Group Bank AG, as lenders, in making available an additional EUR 50.7 million credit facility to MedLife Group. The new funds are part of a EUR 228 million syndicated loan and will be dedicated to strengthening and streamlining the Group's business. The team was led by Mihai Dudoiu (Partner) provided legal assistance to the financing banks throughout the entire project. Sergiu Negreanu (Managing Associate) and Sorina Stefoni (Associate) also worked on the matter. MedLife, the leading private healthcare provider in Romania, has obtained a refinancing and an increase by EUR 50.7 million of existing credit facilities, now totalling EUR 228 million. Tuca Zbarcea & Asociatii advised the banking syndicate consisting of Banca Comerciala Romana, as coordinator and lender, Raiffeisen Bank, BRD Groupe Societe Generale, Banca Transilvania, ING Bank N.V. Amsterdam Sucursala Bucuresti and Erste Group Bank AG, as lenders, in making available an additional EUR 50.7 million credit facility to MedLife Group. The new funds are part of a EUR 228 million syndicated loan and will be dedicated to strengthening and streamlining the Group's business. A team from Tuca Zbarcea & Asociatii led by Mihai Dudoiu (Partner) provided legal assistance to the financing banks throughout the entire project. Sergiu Negreanu (Managing Associate) and Sorina Stefoni (Associate) were also part of the team. "We are pleased to have successfully completed this new phase of the MedLife Group financing project, in which we have been involved for more than five years. It is a complex transaction (not only in terms of the credit facility amount), since it is a club financing involving six of the leading banks active on the local market and more than 20 companies as borrowers", said Mihai Dudoiu, Partner at Tuca Zbarcea & Asociatii. Tuca Zbarcea & Asociatii has an experienced team of banking and finance lawyers providing legal assistance to national and international commercial banks, investment banks, development banks, leasing companies and other financial institutions active in Romania or interested in investing in Romania. Its lawyers have been involved in hundreds of financing projects worth tens of billions of euros, and the firm's work in this field has been acknowledged in top international rankings such as IFLR 1000, Legal 500, etc.
December 16, 2022
Țuca Zbârcea & Asociații advised on a new credit facility for MedLife, as part of a EUR 228 million syndicated loan

Țuca Zbârcea & Asociații advised the banking syndicate consisting of Banca Comercială Română, as coordinator and lender, Raiffeisen Bank, BRD Groupe Societe Generale, Banca Transilvania, ING Bank N.V. Amsterdam Sucursala București and Erste Group Bank AG, as lenders, in making available an additional EUR 50.7 million credit facility to MedLife Group. The new funds are part of a EUR 228 million syndicated loan and will be dedicated to strengthening and streamlining the Group's business.

The team was led by Mihai Dudoiu (Partner) provided legal assistance to the financing banks throughout the entire project. Sergiu Negreanu (Managing Associate) and Sorina Ștefoni (Associate) also worked on the matter. [+]

MedLife, the leading private healthcare provider in Romania, has obtained a refinancing and an increase by EUR 50.7 million of existing credit facilities, now totalling EUR 228 million.

Țuca Zbârcea & Asociații advised the banking syndicate consisting of Banca Comercială Română, as coordinator and lender, Raiffeisen Bank, BRD Groupe Societe Generale, Banca Transilvania, ING Bank N.V. Amsterdam Sucursala București and Erste Group Bank AG, as lenders, in making available an additional EUR 50.7 million credit facility to MedLife Group. The new funds are part of a EUR 228 million syndicated loan and will be dedicated to strengthening and streamlining the Group's business.

A team from Țuca Zbârcea & Asociații led by Mihai Dudoiu (Partner) provided legal assistance to the financing banks throughout the entire project. Sergiu Negreanu (Managing Associate) and Sorina Ștefoni (Associate) were also part of the team.

"We are pleased to have successfully completed this new phase of the MedLife Group financing project, in which we have been involved for more than five years. It is a complex transaction (not only in terms of the credit facility amount), since it is a club financing involving six of the leading banks active on the local market and more than 20 companies as borrowers", said Mihai Dudoiu, Partner at Țuca Zbârcea & Asociații.

Țuca Zbârcea & Asociații has an experienced team of banking and finance lawyers providing legal assistance to national and international commercial banks, investment banks, development banks, leasing companies and other financial institutions active in Romania or interested in investing in Romania. Its lawyers have been involved in hundreds of financing projects worth tens of billions of euros, and the firm's work in this field has been acknowledged in top international rankings such as IFLR 1000, Legal 500, etc.

[-]

Tuca Zbarcea & Asociatii advises GlobalLogic Inc. on entering the Romanian IT services market GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, signed a definitive agreement to acquire the group of companies Fortech SRL and Fortech Software Solutions SRL, one of the largest IT service providers in Romania. Tuca Zbarcea & Asociatii fielded a team of lawyers acting on the buyer's side and covering the full scope of services including M&A, corporate/commercial, competition, IT/IP, employment, and data privacy. Dragos Apostol (Partner) led the team, backed by Veronica Aman (Managing Associate), with other lawyers including Raluca Vasilache (Partner), Mihai Anghel (Partner), Ciprian Timofte (Partner), and Dana Blaer (Managing Associate) advising during the due-diligence phase and on various regulatory matters. GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, signed a definitive agreement to acquire the group of companies Fortech SRL and Fortech Software Solutions SRL, one of the largest IT service providers in Romania. US company GlobalLogic Inc., a leader in digital engineering and a Hitachi Group Company (Japan), agreed to buy 100% of the shares of the company group Fortech SRL and Fortech Software Solutions SRL- one of Romania's leading IT service providers. The transaction is GlobalLogic's first acquisition in Romania. It also marks one of the most important deals taking place between a high calibre international player and a strong Romanian entrepreneurship. Tuca Zbarcea & Asociatii fielded a team of lawyers acting on the buyer's side and covering the full scope of services including M&A, corporate/commercial, competition, IT/IP, employment, and data privacy. Dragos Apostol (Partner) led the team, backed by Veronica Aman (Managing Associate), with other lawyers including Raluca Vasilache (Partner), Mihai Anghel (Partner), Ciprian Timofte (Partner), and Dana Blaer (Managing Associate) advising during the due-diligence phase and on various regulatory matters. "Advising a world-class player such as GlobalLogic (a member of the Japanese powerhouse Hitachi) on making its way onto the Romanian IT services market has been extremely gratifying for us. This strategic acquisition should be seen as a positive sign for the Romanian economy and the local business market in general, and it indicates the huge growth potential of the country's IT sector. It was an honor for us to team up with the buyer on this transaction and especially rewarding since Fortech is a company founded by talented and passionate Romanian entrepreneurs who have successfully created a solid and reputable brand in the IT services market", said Dragos Apostol. He added that Tuca Zbarcea & Asociatii advised on the due diligence phase, providing guidance on all subsequent legal issues as well as those relating to the purchasing offer. The law firm also assisted in the negotiation and signing of the sale-purchase agreement and obtaining regulatory approvals from local authorities. Tuca Zbarcea & Asociatii will continue to support the client through deal close along with post-acquisition matters. "I see this transaction as a win-win for both companies. Fortech now has a ready-made delivery channel to take its capabilities and services further whereas GlobalLogic has the potential to become one of the region's leading digital engineering players," also said Dragos Apostol. According to GlobalLogic's press release, the acquisition of Fortech SRL is part of a multi-year strategy designed to establish a wider European footprint. It will further enable GlobalLogic to augment Hitachi's strengths in Information Technology (IT), Operating Technology (OT), and Products. Further details are available here.
December 6, 2022
Țuca Zbârcea & Asociații advises GlobalLogic Inc. on entering the Romanian IT services market

GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, signed a definitive agreement to acquire the group of companies Fortech SRL and Fortech Software Solutions SRL, one of the largest IT service providers in Romania.

Țuca Zbârcea & Asociații fielded a team of lawyers acting on the buyer's side and covering the full scope of services including M&A, corporate/commercial, competition, IT/IP, employment, and data privacy. Dragoș Apostol (Partner) led the team, backed by Veronica Aman (Managing Associate), with other lawyers including Raluca Vasilache (Partner), Mihai Anghel (Partner), Ciprian Timofte (Partner), and Dana Blaer (Managing Associate) advising during the due-diligence phase and on various regulatory matters. [+]

GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, signed a definitive agreement to acquire the group of companies Fortech SRL and Fortech Software Solutions SRL, one of the largest IT service providers in Romania.

US company GlobalLogic Inc., a leader in digital engineering and a Hitachi Group Company (Japan), agreed to buy 100% of the shares of the company group Fortech SRL and Fortech Software Solutions SRL- one of Romania's leading IT service providers. The transaction is GlobalLogic's first acquisition in Romania. It also marks one of the most important deals taking place between a high calibre international player and a strong Romanian entrepreneurship. 

Țuca Zbârcea & Asociații fielded a team of lawyers acting on the buyer's side and covering the full scope of services including M&A, corporate/commercial, competition, IT/IP, employment, and data privacy. Dragoș Apostol (Partner) led the team, backed by Veronica Aman (Managing Associate), with other lawyers including Raluca Vasilache (Partner), Mihai Anghel (Partner), Ciprian Timofte (Partner), and Dana Blaer (Managing Associate) advising during the due-diligence phase and on various regulatory matters.

"Advising a world-class player such as GlobalLogic (a member of the Japanese powerhouse Hitachi) on making its way onto the Romanian IT services market has been extremely gratifying for us. This strategic acquisition should be seen as a positive sign for the Romanian economy and the local business market in general, and it indicates the huge growth potential of the country's IT sector. It was an honor for us to team up with the buyer on this transaction and especially rewarding since Fortech is a company founded by talented and passionate Romanian entrepreneurs who have successfully created a solid and reputable brand in the IT services market", said Dragoș Apostol.

He added that Țuca Zbârcea & Asociații advised on the due diligence phase, providing guidance on all subsequent legal issues as well as those relating to the purchasing offer. The law firm also assisted in the negotiation and signing of the sale-purchase agreement and obtaining regulatory approvals from local authorities. Țuca Zbârcea & Asociații will continue to support the client through deal close along with post-acquisition matters.

"I see this transaction as a win-win for both companies. Fortech now has a ready-made delivery channel to take its capabilities and services further whereas GlobalLogic has the potential to become one of the region's leading digital engineering players," also said Dragoș Apostol.

According to GlobalLogic's press release, the acquisition of Fortech SRL is part of a multi-year strategy designed to establish a wider European footprint. It will further enable GlobalLogic to augment Hitachi's strengths in Information Technology (IT), Operating Technology (OT), and Products.

Further details are available here.

[-]

Tuca Zbarcea & Asociatii wins the Law Firm of the Year: South Eastern Europe Award at The Lawyer European Awards Tuca Zbarcea & Asociatii was named as the Law Firm of the Year: South Eastern Europe at The Lawyer European Awards last night. This is the fifth prize that the British publication The Lawyer hands out to the Romanian independent law firm. Tuca Zbarcea & Asociatii was named as the Law Firm of the Year: South Eastern Europe at The Lawyer European Awards last night. This is the fifth prize that the British publication The Lawyer hands out to the Romanian independent law firm. With more than 250 sector leaders attending the festive evening, The Lawyer European Awards are recognised as the benchmark of excellence in the European legal sector. During the night, 25 trophies were awarded to law firms with remarkable performances during the past year, as well as to the leaders who, through strategic decisions and a visionary management, have achieved a significant contribution towards the expansion and overall development of their business, in the previous 12 months. Winning law firms and individuals were selected by a judging panel made up of 63 lawyers and in-house counsels. The Law Firm of the Year: South Eastern Europe Award category attracted nominations from seven leading independent and international outfits, with Tuca Zbarcea & Asociatii taking home the coveted prize. According to the judges, they were impressed by the firm's outstanding work and client service, as well as the team's involvement in volunteering and pro bono actions. The prize was handed out to Managing Partner Florentin Tuca and Partner Robert Rosu. "We are proud to have won this award, one of the most coveted trophies of the night. The Law Firm of the Year: South Eastern Europe Award places us alongside the strongest law firms in the region and is a recognition of the professionalism of our entire team and the outstanding performance achieved in a period marked by numerous uncertainties and turmoil. I thank the prestigious publication The Lawyer for this distinction, I express my gratitude to our partners and clients for the excellent cooperation during this period, and send a warm "hats off!" to all my teammates to whom I dedicate this trophy", said Florentin Tuca. It is for the first time when a Romanian independent law firm receives five awards from The Lawyer. After having been named as "Law Firm of the Year in Eastern Europe & the Balkans" in Berlin (2010), Tuca Zbarcea & Asociatii's Managing Partner, Florentin Tuca became the first Romanian lawyer to win the "European Managing Partner of the Year" award in Monte Carlo (2012). In 2014, the judging panel handed out Tuca Zbarcea & Asociatii the "Law Firm of the Year: Romania" award which the firm won again, for the second time, in 2016. And, in 2022, the firm co-managed by Florentin Tuca and Gabriel Zbarcea wins the highest distinction in the region and Tuca Zbarcea & Asociatii becomes one of the most awarded law firms in Southeast Europe. For a full list of The Lawyer European Awards 2022 nominees and award winners, click here.
November 30, 2022
Țuca Zbârcea & Asociații wins the Law Firm of the Year: South Eastern Europe Award at The Lawyer European Awards
Țuca Zbârcea & Asociații was named as the Law Firm of the Year: South Eastern Europe at The Lawyer European Awards last night. This is the fifth prize that the British publication The Lawyer hands out to the Romanian independent law firm. [+]

Țuca Zbârcea & Asociații was named as the Law Firm of the Year: South Eastern Europe at The Lawyer European Awards last night. This is the fifth prize that the British publication The Lawyer hands out to the Romanian independent law firm.

With more than 250 sector leaders attending the festive evening, The Lawyer European Awards are recognised as the benchmark of excellence in the European legal sector.

During the night, 25 trophies were awarded to law firms with remarkable performances during the past year, as well as to the leaders who, through strategic decisions and a visionary management, have achieved a significant contribution towards the expansion and overall development of their business, in the previous 12 months.

 Winning law firms and individuals were selected by a judging panel made up of 63 lawyers and in-house counsels.

The Law Firm of the Year: South Eastern Europe Award category attracted nominations from seven leading independent and international outfits, with Țuca Zbârcea & Asociații taking home the coveted prize. According to the judges, they were impressed by the firm's outstanding work and client service, as well as the team's involvement in volunteering and pro bono actions.

The prize was handed out to Managing Partner Florentin Țuca and Partner Robert Roșu.

"We are proud to have won this award, one of the most coveted trophies of the night. The Law Firm of the Year: South Eastern Europe Award places us alongside the strongest law firms in the region and is a recognition of the professionalism of our entire team and the outstanding performance achieved in a period marked by numerous uncertainties and turmoil. I thank the prestigious publication The Lawyer for this distinction, I express my gratitude to our partners and clients for the excellent cooperation during this period, and send a warm "hats off!" to all my teammates to whom I dedicate this trophy", said Florentin Țuca.

It is for the first time when a Romanian independent law firm receives five awards from The Lawyer. After having been named as "Law Firm of the Year in Eastern Europe & the Balkans" in Berlin (2010), Țuca Zbârcea & Asociații's Managing Partner, Florentin Țuca became the first Romanian lawyer to win the "European Managing Partner of the Year" award in Monte Carlo (2012). In 2014, the judging panel handed out Țuca Zbârcea & Asociații the "Law Firm of the Year: Romania" award which the firm won again, for the second time, in 2016. And, in 2022, the firm co-managed by Florentin Țuca and Gabriel Zbârcea wins the highest distinction in the region and Țuca Zbârcea & Asociații becomes one of the most awarded law firms in Southeast Europe.

For a full list of The Lawyer European Awards 2022 nominees and award winners, click here.

[-]

Tuca Zbarcea & Asociatii advised ELIT - part of the Smithfield Group - on making a strategic acquisition at European level The American company Smithfield took over a Romania-based meat processed company owned by two local entrepreneurs. The acquisition was carried out through Smithfield Europa's Romanian subsidiary ELIT SRL. The firm advised the buyer with a team of lawyers led by Partner Silvana Ivan, covering the full scope of services as regards M&A (due diligence, drafting and negotiating the transaction documents etc) and Partner Andreea Oprisan as regards competition/antitrust issues, including the relevant notifications to the relevant Romanian authorities. The American company Smithfield took over a Romania-based meat processed company owned by two local entrepreneurs. The acquisition was carried out through Smithfield Europa's Romanian subsidiary ELIT SRL. ELIT SRL - Smithfield Europa's Romanian subsidiary - signed a sale purchase agreement to acquire the entire 100% shareholding in Goodies Meet Production SRL, an important meat producer and retailer specialising in private-label production. The transaction is pending approval from the local regulators. Tuca Zbarcea & Asociatii advised the buyer with a team of lawyers led by Partner Silvana Ivan, covering the full scope of services as regards M&A (due diligence, drafting and negotiating the transaction documents etc) and Partner Andreea Oprisan as regards competition/antitrust issues, including the relevant notifications to the relevant Romanian authorities. "We are grateful to ELIT/Smithfield for their confidence in entrusting us with a strategic deal that will support the vertical development of an important player in the Romanian food industry, and which will further enable cost and processes optimisation at a local market level. It is an important acquisition that also marks a successful outcome of the efforts, dedication and visionary entrepreneurship of the founders of Goodies Meat Production SRL", said Silvana Ivan. According to Smithfield, the acquisition of Goodies Meat Production is part of Smithfield Europe's strategic development plan.
November 23, 2022
Țuca Zbârcea & Asociații advised ELIT - part of the Smithfield Group - on making a strategic acquisition at European level
The American company Smithfield took over a Romania-based meat processed company owned by two local entrepreneurs. The acquisition was carried out through Smithfield Europa's Romanian subsidiary ELIT SRL. The firm advised the buyer with a team of lawyers led by Partner Silvana Ivan, covering the full scope of services as regards M&A (due diligence, drafting and negotiating the transaction documents etc) and Partner Andreea Oprișan as regards competition/antitrust issues, including the relevant notifications to the relevant Romanian authorities. [+]

The American company Smithfield took over a Romania-based meat processed company owned by two local entrepreneurs. The acquisition was carried out through Smithfield Europa's Romanian subsidiary ELIT SRL.

ELIT SRL - Smithfield Europa's Romanian subsidiary - signed a sale purchase agreement to acquire the entire 100% shareholding in Goodies Meet Production SRL, an important meat producer and retailer specialising in private-label production. The transaction is pending approval from the local regulators.

Țuca Zbârcea & Asociații advised the buyer with a team of lawyers led by Partner Silvana Ivan, covering the full scope of services as regards M&A (due diligence, drafting and negotiating the transaction documents etc) and Partner Andreea Oprișan as regards competition/antitrust issues, including the relevant notifications to the relevant Romanian authorities.

"We are grateful to ELIT/Smithfield for their confidence in entrusting us with a strategic deal that will support the vertical development of an important player in the Romanian food industry, and which will further enable cost and processes optimisation at a local market level. It is an important acquisition that also marks a successful outcome of the efforts, dedication and visionary entrepreneurship of the founders of Goodies Meat Production SRL", said Silvana Ivan.

According to Smithfield, the acquisition of Goodies Meat Production is part of Smithfield Europe's strategic development plan.

[-]

Tax Hot Spots 2022 - Autumn special edition is coming up in September! Tuca Zbarcea & Asociatii Tax will host yet another Tax Hot Spots 2022 seminar focused on the main fiscal topics of the moment. Highly-experienced speakers will closely analyse the tax inspections which have been carried out lately, and will discuss about the most suitable approach from the perspective of a taxpayer in relation thereto, while also pointing out to the topics or areas of activity of interest for the tax authorities in the next period, and the most important tax procedure aspects that taxpayers need to consider during a tax audit. Tuca Zbarcea & Asociatii Tax will host yet another Tax Hot Spots 2022 seminar focused on the main fiscal topics of the moment. Highly-experienced speakers will closely analyse the tax inspections which have been carried out lately, and will discuss about the most suitable approach from the perspective of a taxpayer in relation thereto, while also pointing out to the topics or areas of activity of interest for the tax authorities in the next period, and the most important tax procedure aspects that taxpayers need to consider during a tax audit. Our experts will give recommendations and examples of good practice on this subject and they will also review the most relevant legislative news. The Tax Hot Spots 2022 seminar will take place on 28 September at the Novotel Hotel in Bucharest (Calea Victoriei nr. 37B), Paris Rive Gauche Hall. Main topics and event agenda: 09.00 am - 10.45 am - Session I The current economic and fiscal context Legislative news with a direct impact on economic activity, regarding, among others, direct taxes and local taxes 10.45 am - 11.00 am - Coffee break 11.00 am - 12.30 pm - Session 2 Recent legislative changes regarding VAT and the relevant jurisprudence of the CJEU Legislative news regarding the tax procedure that may change the interaction with the tax authorities The facilities and methods of fiscal optimisation Digitalisation of ANAF (e-Invoice, e-Transport, SAF-T) and its impact on your business and economic activity 12.30 pm - 01.15 pm - Lunch 01.15 pm - 01.45 pm - Session 3 Financing opportunities and available programs Approach to tax authorities and practical aspects encountered in tax inspections and disputes 02.45 pm - 03.00 pm - Final conclusions and remarks Speakers: Alexandru CRISTEA - Tax Partner, Tuca Zbarcea & Asociatii Tax Ramona CHITU - Tax Partner, Tuca Zbarcea & Asociatii Tax Narcisa ICHIM - Tax Director, Tuca Zbarcea & Asociatii Tax Cristian VELCU - Tax Director, Tuca Zbarcea & Asociatii Tax Alexandra BARBAIANI - Tax Manager, Tuca Zbarcea & Asociatii Tax Vlad TANASE - Tax Manager, Tuca Zbarcea & Asociatii Tax Andreea CARP - EU Funds consultant For more information regarding registration please download the attached file. The full agenda is available here.
September 14, 2022
Tax Hot Spots 2022 - Autumn special edition is coming up in September!
Țuca Zbârcea & Asociații Tax will host yet another Tax Hot Spots 2022 seminar focused on the main fiscal topics of the moment. Highly-experienced speakers will closely analyse the tax inspections which have been carried out lately, and will discuss about the most suitable approach from the perspective of a taxpayer in relation thereto, while also pointing out to the topics or areas of activity of interest for the tax authorities in the next period, and the most important tax procedure aspects that taxpayers need to consider during a tax audit. [+]

Țuca Zbârcea & Asociații Tax will host yet another Tax Hot Spots 2022 seminar focused on the main fiscal topics of the moment. Highly-experienced speakers will closely analyse the tax inspections which have been carried out lately, and will discuss about the most suitable approach from the perspective of a taxpayer in relation thereto, while also pointing out to the topics or areas of activity of interest for the tax authorities in the next period, and the most important tax procedure aspects that taxpayers need to consider during a tax audit.

Our experts will give recommendations and examples of good practice on this subject and they will also review the most relevant legislative news.

The Tax Hot Spots 2022 seminar will take place on 28 September at the Novotel Hotel in Bucharest (Calea Victoriei nr. 37B), Paris Rive Gauche Hall.

Main topics and event agenda:

09.00 am - 10.45 am - Session I

  • The current economic and fiscal context
  • Legislative news with a direct impact on economic activity, regarding, among others, direct taxes and local taxes

10.45 am - 11.00 am - Coffee break

11.00 am - 12.30 pm - Session 2

  • Recent legislative changes regarding VAT and the relevant jurisprudence of the CJEU
  • Legislative news regarding the tax procedure that may change the interaction with the tax authorities
  • The facilities and methods of fiscal optimisation
  • Digitalisation of ANAF (e-Invoice, e-Transport, SAF-T) and its impact on your business and economic activity

12.30 pm - 01.15 pm - Lunch

01.15 pm - 01.45 pm - Session 3

  • Financing opportunities and available programs
  • Approach to tax authorities and practical aspects encountered in tax inspections and disputes 

02.45 pm - 03.00 pm - Final conclusions and remarks

Speakers:

  • Alexandru CRISTEA - Tax Partner, Țuca Zbârcea & Asociații Tax
  • Ramona CHIȚU - Tax Partner, Țuca Zbârcea & Asociații Tax
  • Narcisa ICHIM - Tax Director, Țuca Zbârcea & Asociații Tax
  • Cristian VELCU - Tax Director, Țuca Zbârcea & Asociații Tax
  • Alexandra BARBAIANI - Tax Manager, Țuca Zbârcea & Asociații Tax
  • Vlad TĂNASE - Tax Manager, Țuca Zbârcea & Asociații Tax
  • Andreea CARP - EU Funds consultant 

For more information regarding registration please download the attached file.

The full agenda is available here.

[-]

Tuca Zbarcea & Asociatii receives Top Tier ratings and secures record number of recommended lawyers in IFLR1000 The British media trust Euromoney has recently released the final group of rankings that represent IFLR1000 - 2022 edition, a guide to the most active and the most successful law firms in the financial and corporate world. As regards Romania, 38 law firms and more than 160 lawyers have been listed by the directory. Tuca Zbarcea & Asociatii has been named as a Top Tier firm in three specialist practice areas - M&A; Banking and Finance; Project Development. The British media trust Euromoney has recently released the final group of rankings that represent IFLR1000 - 2022 edition, a guide to the most active and the most successful law firms in the financial and corporate world. As regards Romania, 38 law firms and more than 160 lawyers have been listed by the directory. Tuca Zbarcea & Asociatii has been named as a Top Tier firm in three specialist practice areas - M&A; Banking and Finance; Project Development - covered by IFLR1000, the guide to world's leading financial law firms. The firm was singled out for its outstanding track record of advising on significant matters over the past 12 months and its high standard of advice and service. In addition, Tuca Zbarcea & Asociatii received high rankings as regards its Capital Markets (equity and debt) expertise, thus being one of the highest ranked law firms in Romania jurisdiction. In total, Tuca Zbarcea & Asociatii has a record-breaking 17 lawyers recommended in the 32nd edition of IFLR1000 for their expertise, skill, client service, aptitude and efficiency, this being the highest number of lawyer recommendations in Romania. IFLR1000 is the guide to the world's leading financial and corporate law firms and lawyers. Their first rankings were published in 1990 and they currently research over 120 jurisdictions worldwide. Read the full listing here.
September 1, 2022
Țuca Zbârcea & Asociații receives Top Tier ratings and secures record number of recommended lawyers in IFLR1000
The British media trust Euromoney has recently released the final group of rankings that represent IFLR1000 - 2022 edition, a guide to the most active and the most successful law firms in the financial and corporate world. As regards Romania, 38 law firms and more than 160 lawyers have been listed by the directory. Țuca Zbârcea & Asociații has been named as a Top Tier firm in three specialist practice areas - M&A; Banking and Finance; Project Development. [+]

The British media trust Euromoney has recently released the final group of rankings that represent IFLR1000 - 2022 edition, a guide to the most active and the most successful law firms in the financial and corporate world. As regards Romania, 38 law firms and more than 160 lawyers have been listed by the directory.

Țuca Zbârcea & Asociații has been named as a Top Tier firm in three specialist practice areas - M&A; Banking and Finance; Project Development - covered by IFLR1000, the guide to world's leading financial law firms. The firm was singled out for its outstanding track record of advising on significant matters over the past 12 months and its high standard of advice and service. In addition,  Țuca Zbârcea & Asociații received high rankings as regards its Capital Markets (equity and debt) expertise, thus being one of the highest ranked law firms in Romania jurisdiction.

In total, Țuca Zbârcea & Asociații has a record-breaking 17 lawyers recommended in the 32nd edition of IFLR1000 for their expertise, skill, client service, aptitude and efficiency, this being the highest number of lawyer recommendations in Romania.
IFLR1000 is the guide to the world's leading financial and corporate law firms and lawyers. Their first rankings were published in 1990 and they currently research over 120 jurisdictions worldwide.

Read the full listing here.

[-]

Tuca Zbarcea & Asociatii advises on the largest deal of non-performing assets on the Romanian market in 2022 Bank of Cyprus has recently concluded the sale of a corporate portfolio with a face value of around EUR 147 million to an entity part of the APS group. Tuca Zbarcea & Asociatii acted on buyer's side, covering all the legal and financial aspects of the transaction with a team led by Partner Mihai Dudoiu together with Sergiu Negreanu (Managing Associate) and Sorina Stefoni (Associate). Bank of Cyprus has recently concluded the sale of a corporate portfolio with a face value of around EUR 147 million to an entity part of the APS group. The sale of a residual Romanian portfolio of non-performing assets held by the Cypriot group was made in the context of Bank of Cyprus' decision to wind down its operations in Romania, which was gradually implemented over the last years. Tuca Zbarcea & Asociatii acted on buyer's side, covering all the legal and financial aspects of the transaction with a team led by Partner Mihai Dudoiu together with Sergiu Negreanu (Managing Associate) and Sorina Stefoni (Associate). The transaction was signed in May 2022 and closed on August 24, 2022, after clearance by the Romanian Competition Council. This is the largest deal of non-performing assets on the Romanian market in 2022.
August 25, 2022
Țuca Zbârcea & Asociații advises on the largest deal of non-performing assets on the Romanian market in 2022

Bank of Cyprus has recently concluded the sale of a corporate portfolio with a face value of around EUR 147 million to an entity part of the APS group. Țuca Zbârcea & Asociații acted on buyer's side, covering all the legal and financial aspects of the transaction with a team led by Partner Mihai Dudoiu together with Sergiu Negreanu (Managing Associate) and Sorina Ștefoni (Associate). [+]

Bank of Cyprus has recently concluded the sale of a corporate portfolio with a face value of around EUR 147 million to an entity part of the APS group.

The sale of a residual Romanian portfolio of non-performing assets held by the Cypriot group was made in the context of Bank of Cyprus' decision to wind down its operations in Romania, which was gradually implemented over the last years.

Țuca Zbârcea & Asociații acted on buyer's side, covering all the legal and financial aspects of the transaction with a team led by Partner Mihai Dudoiu together with Sergiu Negreanu (Managing Associate) and Sorina Ștefoni (Associate).

The transaction was signed in May 2022 and closed on August 24, 2022, after clearance by the Romanian Competition Council.

This is the largest deal of non-performing assets on the Romanian market in 2022.

[-]

Tuca Zbarcea & Asociatii advises Speedwell on selling a controlling stake of 75% in the Miro office building Strategic investor Hili Properties, part of Hili Ventures, has purchased a controlling stake of 75% in the Miro office building, developed by Speedwell in northern Bucharest. The remaining stake in the project will remain in the developer's ownership for another two years. The seller was advised by Tuca Zbarcea & Asociatii with a team led by Partner Razvan Gheorghiu-Testa (Real Estate) and Partner Horia Ispas (Corporate and M&A) with help from Managing Associate Vera Aman. The financing matters were handled by Partner Mihai Dudoiu and Managing Associate Catalin Georgescu. Strategic investor Hili Properties, part of Hili Ventures, has purchased a controlling stake of 75% in the Miro office building, developed by Speedwell in northern Bucharest. The remaining stake in the project will remain in the developer's ownership for another two years. The office building with a 23,000 sqm area was delivered at the end of 2021 and is almost fully leased to Romanian and multinational firms. "This transaction once again proves that a quality asset always attracts a quality buyer, not in the least because it attracts high-quality tenants. We are very happy to have Hili Properties as our partner for MIRO, knowing that our visions are aligned in properly managing, maintaining, and further developing MIRO as one of the key office locations in the Baneasa area." said Didier Balcaen, CEO and Co-Founder Speedwell. The seller was advised by Tuca Zbarcea & Asociatii with a team led by Partner Razvan Gheorghiu-Testa (Real Estate) and Partner Horia Ispas (Corporate and M&A) with help from Managing Associate Vera Aman. The financing matters were handled by Partner Mihai Dudoiu and Managing Associate Catalin Georgescu. More details can be found here.
August 11, 2022
Țuca Zbârcea & Asociații advises Speedwell on selling a controlling stake of 75% in the Miro office building
Strategic investor Hili Properties, part of Hili Ventures, has purchased a controlling stake of 75% in the Miro office building, developed by Speedwell in northern Bucharest. The remaining stake in the project will remain in the developer's ownership for another two years. The seller was advised by Țuca Zbârcea & Asociații with a team led by Partner Răzvan Gheorghiu-Testa (Real Estate) and Partner Horia Ispas (Corporate and M&A) with help from Managing Associate Vera Aman. The financing matters were handled by Partner Mihai Dudoiu and Managing Associate Cătălin Georgescu. [+]

Strategic investor Hili Properties, part of Hili Ventures, has purchased a controlling stake of 75% in the Miro office building, developed by Speedwell in northern Bucharest. The remaining stake in the project will remain in the developer's ownership for another two years.

The office building with a 23,000 sqm area was delivered at the end of 2021 and is almost fully leased to Romanian and multinational firms. 

"This transaction once again proves that a quality asset always attracts a quality buyer, not in the least because it attracts high-quality tenants. We are very happy to have Hili Properties as our partner for MIRO, knowing that our visions are aligned in properly managing, maintaining, and further developing MIRO as one of the key office locations in the Baneasa area." said Didier Balcaen, CEO and Co-Founder Speedwell.

The seller was advised by Țuca Zbârcea & Asociații with a team led by Partner Răzvan Gheorghiu-Testa (Real Estate) and Partner Horia Ispas (Corporate and M&A) with help from Managing Associate Vera Aman. The financing matters were handled by Partner Mihai Dudoiu and Managing Associate Cătălin Georgescu.

More details can be found here.

[-]

News Archive
Page123456
Get all the news using the RSS Feeds
Get all the news using the RSS Feeds rss



Employment Law -
October 31st 2022
English version
Romanian version
pdf file

Download
pdf file

November-December 2019
Print Quality Download
Fast-Web Quality Download
pdf file
Read more



Țuca Zbârcea & Asociații and Țuca Zbârcea & Asociații Tax are collaborating with Andersen Global in Romania
Copyright 2007 - 2022 Țuca Zbârcea & Asociații Țuca Zbârcea & Asociații 
Privacy Policy | Terms and Conditions