Țuca Zbârcea & Asociații advised on a new credit facility for MedLife, as part of a EUR 228 million syndicated loan

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… Read moreȚuca Zbârcea & Asociații advised on a new credit facility for MedLife, as part of a EUR 228 million syndicated loan

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.  US company GlobalLogic Inc.,… Read moreȚuca Zbârcea & Asociații advises GlobalLogic Inc. on entering the Romanian IT services market 

Țuca Zbârcea & Asociații wins the Law Firm of the Year: South Eastern Europe Award at this year’s 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… Read moreȚuca Zbârcea & Asociații wins the Law Firm of the Year: South Eastern Europe Award at this year’s The Lawyer European Awards

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. ELIT SRL – Smithfield Europa’s Romanian subsidiary – signed a sale purchase… Read moreȚuca Zbârcea & Asociații advised ELIT – part of the Smithfield Group – on making a strategic acquisition at European level

Țuca Zbârcea & Asociații receives Top Tier ratings and secures record number of recommended lawyers in IFLR1000’s 32nd edition

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,… Read moreȚuca Zbârcea & Asociații receives Top Tier ratings and secures record number of recommended lawyers in IFLR1000’s 32nd edition

Țuca Zbârcea & Asociații successfully advises MOL Romania on the opening of the first two service stations located on the A2 Motorway

Țuca Zbârcea & Asociații advised MOL Romania Petroleum Products S.R.L. on all legal matters regarding the design, authorisation and execution phase of the service stations located on the A2 Motorway. The MOL Murfatlar stations are part of the service concession… Read moreȚuca Zbârcea & Asociații successfully advises MOL Romania on the opening of the first two service stations located on the A2 Motorway

Important amendments to gambling legal framework and gambling taxation

Summary: 1. Government Ordinance No. 15/2022 amending and supplementing Government Emergency Ordinance No. 77/2009 on the organisation and operation of gambling activities 2. Government Ordinance No. 16/2022 amending and supplementing Law No. 227/2015 on the Fiscal Code and repealing certain normative… Read moreImportant amendments to gambling legal framework and gambling taxation

Preventing and combating money laundering: obligation to notify imposed on some regulated entities 

In this issue: 1. Government Emergency Ordinance No. 53/2022 on amending and supplementing Law No. 129/2019 on preventing and combating money laundering and terrorist financing, and amending and supplementing certain legislative acts Law No. 129/2019 on preventing and combating money… Read morePreventing and combating money laundering: obligation to notify imposed on some regulated entities 

Transposition of the legislative package “New Deal for Consumers” into national law

Consumer Protection 1. Emergency Ordinance No. 58/2022 amending and supplementing consumer protection acts 2. Decision No. 686/2022 amending and supplementing Government Decision No. 947/2000 on the method of indicating the prices of products offered for sale to consumers Emergency Ordinance… Read moreTransposition of the legislative package “New Deal for Consumers” into national law