Romania is in the process of banning certain non-EU and non-EEA countries from participating in public procurement procedures in Romania. After a Memorandum outlining this ban was first approved by the Romanian government, on 20 March 2021 the national regulatory… Read moreRomania to restrict third country-bidders and products for public contracts
Țuca Zbârcea & Asociații advised CEZ on selling part of its Romanian assets to an Australian funds manager CEZ Group has completed the sale of its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets (”MIRA”). The assets… Read moreȚuca Zbârcea & Asociații advised CEZ on selling part of its Romanian assets to an Australian funds manager
Dinu Bumbăcea is to become PwC Romania’s Country Managing Partner as of 1 July 2021. He takes over that role from Ionuț Simion, who has led PwC Romania for six years and will continue as a Partner, leading strategic customer… Read moreDinu Bumbăcea to take over the leadership of PwC Romania from Ionuț Simion as of 1 July 2021
On 17 February 2021, Romania’s Constitutional Court rejected, as ungrounded, the plea of non-constitutionality raised by the High Court of Cassation and Justice, the Romanian government and the Romanian Ombudsman over Draft Law No. 241/2005 on the prevention and fight… Read moreConstitutional Court of Romania: green lights for absolving tax-fraudsters
MOL Romania Petroleum Products S.R.L. won 7 out of the 13 lots for services spaces leased under concession by Compania Națională de Administrare a Infrastructurii Rutiere S.A. for equipping/fitting out, operating and maintaining the services spaces located on Romanian motorways… Read moreȚUCA ZBÂRCEA & ASOCIAȚII successfully assists MOL România in the expansion of the services space networks on the A1 and A2 Motorways
Amendment to the Rules of Procedure of the Chamber of Deputies Decision no. 32/2021 on amending the Rules of Procedure of the Chamber of Deputies was published in the Official Gazette, Part I no. 301 of March 25, 2021. According… Read more<strong>RLWeek </strong>March 22-29, 2021: Amendment to the Rules of Procedure of the Chamber of Deputies. Project concerning the maximum expenditure ceiling for housing, accommodation and travel of prefects and sub-prefects. European Commission proposes package of measures to ensure respect for children’s rights and support for children in need. Romanian Senate. Comments on the Asylum and Migration Package
Biriş Goran successfully represented its long-standing client, Zeus International, in the acquisition of three hotels portfolio in Bucharest, Romania. The three properties are the Venezia, Opera and Central hotels, located around the Cișmigiu Gardens near the historic city center, in… Read moreBiriş Goran advises Zeus International in the acquisition of three hotels in Bucharest
Europe has returned to a ‘buyer-friendly’ environment, after the COVID-19 pandemic created more risk-averse attitudes. As a result, CMS’ latest annual M&A study identified significant increase in liability caps, longer limitation periods and fewer locked box deals. The multi-year analysis… Read moreCMS: European M&A environment flips to ‘buyer-friendly’ in response to COVID-19
The Legal 500 has recently released the ‘Arbitration Powerlist: Central and Eastern Europe’, a list of the best arbitration counsels in the CEE region. ȚUCA ZBÂRCEA & ASOCIAȚII achieved the largest number of listings for any law firm in Romania. For… Read more15 Romanian lawyers and an arbitrator, on the list of the leading arbitration practitioners in the CEE region
Radu și Asociații SPRL provided legal assistance to S.N. Nuclearelectrica S.A., the only nuclear energy producer in Romania, with respect to the project concerning the taking over of the uranium oxide processing line from Compania Națională a Uraniului S.A., Feldioara… Read moreRADU ȘI ASOCIAȚII SPRL assisted S.N. Nuclearelectrica S.A. in the transaction concluded with Compania Națională a Uraniului S.A.
