Tuca Zbârcea & Asociatii > Bucharest, Romania > Firm Profile

Tuca Zbârcea & Asociatii
4-8 SOSEAUA NICOLAE TITULESCU
AMERICA HOUSE, WEST WING, 8F, SECTOR 1
011141 BUCHAREST
Romania

Romania > Banking and finance Tier 1

Tuca Zbârcea & Asociatii fields an ‘extremely knowledgeableteam ‘with vast expertise in finance law‘. The size and depth of the team allows for the broad range of transactional and regulatory services which it offers to its banking and corporate clients. The practice has an especially good track record on complex cross-border transactions and continues to assist investors into distressed assets and NPL portfolios. Among the partners, Mihai Dudoiu  is ‘prompt, diligent and has a vast practical expertise as regards the financing of large as well as smaller companies, such as start-ups’. Catalin Baiculescu  is ‘an astute banking and finance lawyer and technically strong in covering every aspect of a corporate financing transaction‘. Gabriela Anton  provides first-class advice, timely responses and clear, to the point recommendations‘. Stefan Damian  is also active on the regulatory and restructuring side.

Practice head(s):

Mihai Dudoiu; Cătălin Băiculescu; Gabriela Anton; Stefan Damian

Testimonials

‘We worked closely with Catalin Baiculescu for years. He combines a balanced combination of business and legal needs, and is down to earth.’

‘The team is extremely knowledgeable and regularly assists corporate clients as well as banks and financial institutions. They are pragmatic and business-minded with vast expertise in finance law. I particularly like the fact they developed a strong practice of advising fintech companies.’

‘Catalin Baiculescu, in particular, is an astute banking and finance lawyer and technically strong in covering every aspect of a corporate financing transaction. He has a very calm and balanced approach, while also listening to us to understand our business and our strategy going forward.’

‘The banking and finance team is made up of enthusiastic and dedicated lawyers who are receptive and attentive to our needs. Mihai Dudoiu is the star lawyer in the Banking and Finance team. He is prompt, diligent and has a vast practical expertise as regards the financing of large as well as smaller companies, such as start-ups. Also Gabriela Anton provides first-class advice, timely responses and clear, to the point recommendations. I really enjoy working with this team.’

‘The team that I had the opportunity to work with, led by Gabriela Anton, is very hands on and capable of taking over full leadership on the project, properly understanding the commercials behind a given transaction. That makes the cooperation very smooth and allows the team to deliver solutions that are tailor made for the client.’

‘Gabriela Anton and Raluca Sanucean are the key team members. Their friendliness and business understanding of the transaction is really exceptional. They also show full commitment to the case, understand the deadlines and how critical delivery on these deadlines is – this is in particular the feature that I appreciated the most.’

Key clients

Astaldi

Banca Comerciala Romana

Bain Capital

The International Finance Corporation (IFC)

APS Holding

Apollo

The Rohatyn Group

Amethyst Radiotherapy Group BV and its Group

Revetas GP Limited

Alka Co.

NN Insurance & NN Pensions

Bucharest Stock Exchange (BVB)

Speedwell

Belfius Bank

BNP Paribas Fortis

CBC Banque

Work highlights

  • Assisting Bain Capital and APS Investments in acquiring a €174 million portfolio of corporate secured non-performing and sub-performing loans from the National Bank of Greece.
  • Assisting Banca Comerciala Romana as mandated lead arranger and a club of three other banks, in relation to a €143 million financing extended to MedLife and other group companies.
  • Advising BRD Groupe Societe Generale in connection with two credit facilities, amounting to €22 million, for the development of Record Park in Cluj-Napoca.

Romania > Commercial, corporate and M&A Tier 1

Tuca Zbârcea & Asociatii is a market leading presence both in terms of quality and scale. Hence the firm’s role on some of Romania’s largest deals from the past decade, including most recently, its advice to CEZ on the €1bn sale of its Romanian assets to Macquarie Infrastructure and Real Assets. The firm’s capacity for complex deals is enabled by  its deep bench of ‘excellent transactional lawyers, brilliant negotiators and problem-solvers‘. Among these, partner Catalin Baiculescu  has everything one needs to be sure of the best possible legal advice‘, while Stefan Damian   is ‘very professional, experienced, highly knowledgeable, and personable‘. Other key partners include Gabriel Zbarcea   (‘powerful interpersonal and business development skills’), Razvan Gheorghiu-Testa  (‘down-to-earth, competent, experienced, smart, friendly‘) and Horia Ispas  (‘exceptional in terms of responsiveness‘).

Practice head(s):

Stefan Damian; Florentin Tuca; Gabriel Zbarcea; Catalin Baiculescu

Other key lawyers:

Sorin Vladescu; Razvan Gheorghiu-Testa

Testimonials

‘Catalin Baiculescu – he knows to combine, in a very balanced way, the business needs, the legal aspects, and is very down to earth.’

‘The firm’s commercial, corporate and M&A team understands our business well and can balance risk and opportunity. The group is well regarded for its regulatory practice, but also has a strong track record of contentious and transactional work. What sets this team apart is their industry knowledge and the ability to grasp emerging issues from both a local and international perspective.’

‘My principal point of contact is Catalin Baiculescu whose unique skill set and ability to navigate complex transactions in the media and telecom field are remarkable. One can easily work with him on any type of legal issue, be it of a transactional or pure regulatory nature.’

‘Excellent transactional lawyers, brilliant negotiators and problem-solvers, also providing sound corporate advice on large, complex commercial deals. The team is proactive in terms of client engagement, with a focus on practicality. The firm’s legal expertise but its solid commercial logic really set them apart from the competition.’

‘There are lots of partners and more senior associates who offer excellent services as regards corporate, commercial and M&A. My top picks are Gabriel Zbarcea, Sorin Vladescu, Razvan Testa at partner level and managing associates Nisa Jecu, Alexandra Peres, Marius Barladeanu. I think the solutions they proposed to us were always very market-oriented and very commercially focused.’

‘The team is excellent and provides good, strong advice and resource at the appropriate level. The whole team are dedicated, professional, always available with depth in the department which means they can deliver a first-class service.’

‘I mostly work with Catalin Baiculescu and his team. Catalin in particular has everything one needs to be sure of the best possible legal advice: he is sharp, meticulous, flexible when needed, excellent negotiator, giving direct and thoughtful advice. He completely understands all the nuances of our business and is commercially mindful.’

‘Really supportive and well-organized team with extensive corporate, commercial and M&A capabilities. Very good at project management and at drafting and negotiating commercial agreements, JV agreements, sale-purchase agreements. They also provided expert and pragmatic legal opinions and due diligence reviews, whereas they identified and mitigated legal, regulatory and business risks. The team brings a fresh and dynamic approach to legal services by giving clear and astute advice and therefore I strongly recommend Tuca Zbarcea & Asociatii as regards commercial, corporate and M&A.’

Key clients

Vodafone Romania

CEZ

Erste Bank Group / Banca Comerciala Romana (BCR)

Carrefour Romania

Morgan Stanley Real Estate Investment Management

Coca-Cola HBC Romania

The Rohatyn Group

BRF

ENGIE Romania

Ringier

Bain Capital

Amethyst Group

ATTP Telecommunications S.R.L., part of Clever Media Network Group

Orbico

Farul Constanta Football Club

Work highlights

  • Legal assistance to CEZ in the divestment of its Romanian assets to Macquarie Infrastructure and Real Assets (”MIRA”) – Romania’s largest deal since 2008.
  • Advising The Rohatyn Group on the sale of Pet Network International and its Romanian subsidiaries to the private equity firm, A&M Capital Europe.
  • Advising AmerisourceBergen Corporation on the local aspects of its $6.47 billion acquisition of Alliance Healthcare’s distribution business from Walgreens Boots Alliance.

Romania > Dispute resolution Tier 1

Tuca Zbârcea & Asociatii has a ‘second to none‘ commitment to its clients and an interdisciplinary team that stands out for its ‘passion‘. The firm’s range of expertise covers major international arbitrations and investment treaty claims, through to domestic commercial litigations and administrative disputes, including tax, competition and public procurement. Key team members include managing partner Florentin Tuca  and Robert Rosu  , who also have good experience of white collar crime related matters. Ioana Gelepu  and Cornel Popa  are noted for their ‘high professional standards, smart approach to the matters, and prompt support when needed‘. Ioana Hrisafi is one of the main contacts for major domestic disputes, while Levana Zigmund  co-heads the arbitration side of the practice with Popa.

Practice head(s):

Florentin Tuca; Cornel Popa; Robert Rosu; Ioana Hrisafi; Levana Zigmund;

Other key lawyers:

Ionut Serban; Christina Vladescu; Ioana Gelepu; Anca Puscasu; Dan Cristea

Testimonials

‘They put a lot of passion in their work . They consider you not like a client but like a friend . A source of trust  This method is a win-win strategy. The individuals are strong, having a lot of skills, expertise, and differed methods to win. Each individual put passion and spent time to find solutions to win’

‘The team is very high level client-oriented and highly professional for tax litigation, with clear recommendations, position and advice, and a practical approach.’

‘Catalin Baiculescu, Bianca Cercel, Ana Popa: Very client-oriented; understand customer needs from the first word; meet deadlines; communicates news/provide updates/progress timely and in crisp manner. The transparency of invoicing. I use their breakdowns as great examples for others.’

‘Clear, effective communication, organization, openness, respectfulness, interdisciplinary team.’

‘I most value their professional skills but also their human qualities.’

‘The firm’s commitment to their client, to me and to the case was second to none. I was very impressed with their professionalism, dedication and depth of understanding of the complexities of the dispute. I would thoroughly recommend them in any future dispute resolution cases.’

‘The lawyers from Tuca involved in Dispute Resolution are capable to understand very well the business and to address correctly and with professionalism the disputed matter in from of the court. Prompt reaction always.’

‘Ioana Gelepu, Cornel Popa: High professional standards, smart approach to the matters, and prompt support when needed.’

Key clients

CEZ / MIRA

Gabriel Resources LTD (Canada) and Gabriel Resources (Jersey)

Astaldi

Carrefour Romania

Société Générale

Banca Comerciala Romana (BCR)/ Erste Bank and BCR – Banca pentru Locuinte (BCR Housing Bank)

Amethyst Radiotherapy

Vodafone Romania

Amromco Energy

Romanian Football Federation (FRF)

Romanian Tennis Federation (RTF)

OMV Petrom

Astra Vagoane Calatori

Energy Financing Team Switzerland

DAF Trucks

REBU

Retim Ecologic Service

Euroins

Vitol Gas and Power

Gedeon Richter Romania

CMP Automotive Antivibration

Frialdis Ro Transport

Marchand

WTE Wassertechnik

Work highlights

  • Advising Gabriel Resources LTD (Canada) and Gabriel Resources (Jersey) Ltd a $4.4 billion ICSID arbitration against the Romanian State regarding their investments in the Rosia Montana mining project.
  • Advising The Romanian Commodities Exchange in challenging a State monopoly on the national licensing of for energy trading platforms.
  • Representing DAF Trucks in a complex case regarding an alleged breach of Article 101 TFEU and Article 53 of the EEA Agreement.

Romania > Employment Tier 1

Tuca Zbârcea & Asociatii has a dedicated team of lawyers with an impressive track record on strategic and day-to-day employment issues. Partner Serban Pâslaru leads the team and has spent nearly 20 years assisting major domestic companies and multinationals on collective and individual dismissals and bargaining negotiations with unions. The practice regularly assists with business transfers, M&A matters and company reorganisations. In addition to non-contentious advice, clients also have access to the firm’s market-leading litigators, many of which are extremely well-versed in employment disputes. Managing associate Mihai Anghel is also highly experienced.

Practice head(s):

Serban Paslaru

Other key lawyers:

Key clients

Vodafone Romania

Microsoft Romania

Carrefour Romania

AmerisourceBergen Corporation

Telekom Romania

Ericsson Telecommunications Romania

Cameron Romania

Alstom Transport Romania

Expur

TenarisSilcotub

McDonalds

Merck Sharp Dohme

Contitech Thermopol Romania, part of Continental AG

Ericsson Antenna Technology Romania

Generali Romania Asigurare-Reasigurare

McDonalds (Premier Restaurants)

Work highlights

  • Assistance to Telekom Romania in connection with a complex series of compliance investigations and remedies.
  • Assistance to Carrefour Romania on various labour issues linked to COVID 19, including its work from home regime, health and safety programs dedicated to vulnerable categories of employees, and remuneration and incentive schemes for exposed employees.
  • Assistance to Contitech Thermopol Romania, part of Continental AG, in relation to a broad range of labour/employment matters concerning a complex restructuring project.

Romania > Energy and natural resources Tier 1

Tuca Zbârcea & Asociatii fields a highly experienced team of lawyers who are ‘prompt, professional, dependable and offer good value for money‘. The firm’s comprehensive offering reaches all corners of the energy and natural resources market. Among the lead partners, Sorin Vladescu  , who handles M&A, projects and regulatory matters, is ‘exceptional by any standard, the best energy lawyer one can get in the market‘. Irina Moinescu  is also noted as ‘an expert when it comes to electricity, nuclear, renewables‘. Cornel Popa  is especially experienced in upstream and downstream oil and gas matters. Ciprian Dragomir  is also active on the mining side. Managing associate Nisa Jecu is praised for her ‘very strong technical abilities and a strong commercial sense‘.

Practice head(s):

Sorin Vladescu; Cornel Popa; Irina Moinescu; Ciprian Dragomir

Other key lawyers:

Testimonials

‘I’ve had an excellent collaboration and great experience working with Tuca’s team. The lawyers are prompt, professional, dependable and offer good value for money. The energy team under the leadership of Sorin Vladescu really stands out: extremely experienced and knowledgeable of the power, renewable energy, oil and gas. They have a creative, thoughtful, commercial and practical approach which is part of a full service offering across core energy aspects.’

‘Sorin Vladescu is exceptional by any standard, the best energy lawyer one can get in the market. He runs a great team consisting of highly dedicated individuals from junior associates to partners. Sorin is proactive, personable and client-driven. Irina Moinescu has very strong experience in energy projects, especially power and gas. She is super-efficient and extremely good at contract drafting and negotiation. Nisa Jecu is a young lawyer in the energy department with very strong technical abilities and a strong commercial sense which allow for clear and effective legal advice on complex energy projects. Marius Barladeanu has exceptional breadth and depth of knowledge within the energy, oil and gas sectors. Commercial and pragmatic in all aspects of a transaction and able to bring added value both from a M&A and financing perspective.’

‘Very good as a team, very solid with an impeccable reputation in the market and offering diverse expertise in the power arena. They provide consistent services and thorough legal assistance, combing great technical knowledge and legal strategy. The team also excels in regulatory matters and has successfully acted on various contentious issues in the energy sector.’

‘Sorin Vladescu. He has an outstanding reputation as an energy lawyer, with deep knowledge of the regulatory landscape and an excellent understanding of the energy market (covering everything from electricity, oil and gas, renewables, nuclear etc). He is absolutely fantastic and has been our trusted advisor in the past 15 years. I totally recommend him. Irina Moinescu. Her corporate and M&A skills are impressive. She has been advising us for many years as regards many complex legal issues and has always managed to come up with the best possible solutions for us. She is an expert when it comes to electricity, nuclear, renewables. Nisa Jecu, also from the firm’s energy and corporate team, is young but an energetic and very hardworking lawyer. She has been super helpful and provided to the point advice whenever needed. Also very punctual and responsive.’

‘What makes them different, providing an edge to their services, is the mature understanding of the market as a whole and future directions applicable to this industry.’

‘While fully compliant in terms of corporate good practices, they do provide a variety of possible approaches to enable effective results within the existent legal frameworks.’

Key clients

CEZ / MIRA

Electrica

ENGIE Group

Romelectro

AIK Energy

E.O.N

E-Infra / Electrogrup

European Investment Bank

Eurotransgaz SRL

Marubeni Corporation Japan

MOL Romania

OMV Petrom

WTE Wassertechnik

Bepco

Work highlights

  • Legal assistance to CEZ  in the divestment of its Romanian assets to Macquarie Infrastructure and Real Assets (MIRA).
  • Legal assistance to Electrica on purchasing from Monsson a portfolio of wind and photovoltaic parks with a total capacity of 207 MW.
  • Advising Eurotransgaz SRL (subsidiary of Transgaz, the Romanian national gas transporter) on the development of the Ungheni (Romania) – Chisinau (Republic of Moldova) gas transmission pipeline (following the acquisition of S.E. Vestmoldtransgaz).

Romania > EU and competition Tier 1

Tuca Zbârcea & Asociatii has a top-notch team that covers the full gamut of EU and competition issues. The ‘well-structured and organized‘ practice provides a ‘brilliant, interactive and supportive‘ service that is ‘ knowledgeable in all competition matters from antitrust, merger control, state aid, as well as on consumer protection matters‘. The firm’s market-leading corporate practice ensures a regular flow of transactional and merger clearance work. This is combined with day-to-day compliance and risk management, as well as advice on investigations and dawn raids. Clients are quick to praise practice head Raluca Vasilache  and managing associate Andreea Oprisan, both ‘technically excellent, innovative and solution-driven competition lawyers.

Practice head(s):

Raluca Vasilache

Other key lawyers:

Testimonials

‘The team is well-structured and organized. This firm’s range of services as regards competition and antitrust and team’s relevant expertise in these areas are unique in the market. Also, a real strength is the mix of legal, business and tax advice given by the firm.’

‘Raluca Vasilache and Andreea Oprisan are technically excellent, innovative and solution-driven competition lawyers. Andreea is hardworking, dedicated to her clients and overall very down to earth and friendly. Both of them are also technically very good and possess an excellent understanding of our industry.’

‘The competition law team of Tuca Zbarcea & Asociatii is truly trustful. They are knowledgeable in all competition matters from antitrust, merger control, state aid, as well as on consumer protection matters, prompt, systematic and a very pleasant team. In short, they are there for us and we feel very comfortable having them as our legal advisors on competition matters.’

‘The competition team is coordinated by partner Raluca Vasilache. Raluca is highly senior on competition topics and showing a pragmatic approach on things, very well reputed professional on the market. We work closely with Andreea Oprisan, managing associate. We have only worlds of praise for Andreea. She is a true professional in competition law, always up-to-date, having a 360 degrees view on complex matters and capable of providing us with the clear and business-oriented assessments we need.’

‘Andreea Oprisan, an exceptional professional.’

‘They are brilliant, interactive and supportive.’

‘The competition team of Tuca Zbarcea & Asociatii is highly experienced, the team being managed by lawyers with 15 years of experience in the field, Raluca Vasilache (partner) and Andreea Oprisan (Managing Associate). Apart from the extensive experience and knowledge in competition law giving us the comfort that we are on very good hands by explaining each conclusion, comment or opinion based on prior EU and/or local case-law, the team impresses though a pragmatic, client-oriented approach, crisp messages and promptness. Nonetheless, we appreciate that their invoices reflect direct work on the project, work being structured efficiently. The entire team is thoughtful and make you feel at ease even when discussing very serious topics.’

‘In our activity, we usually work with Andreea Oprisan, managing or day-to-day need for competition law advice and that also assisted us in an antitrust investigation closed without sanctions for some market players, including our company. Andreea stands out for her very solid competition law knowledge, applied systematically and clearly. Once discussing with her a topic, it is clear what are the does and don’ts and the message is that allows one to apply the principle in other projects and create awareness or the reflex of understanding that competition law advice is necessary on a certain topic. Andreea has a very pleasant personality and it is a joy to meet her on new projects. The team is headed by Raluca Vasilache, partner that should be praised for in-depth knowledge and pragmatic advice. They are always promptly available for us when needed and we highly appreciate their availability.’

Key clients

Vodafone Romania SA

Carrefour Romania/ Carrefour Group

Coca-Cola HBC Romania

AmerisourceBergen Corporation

Generali Romania

AMAZONEN-WERKE H. DREYER SE & Co. KG

ENERGY FINANCING TEAM AG (SWITZERLAND)

Girod Semnalizare Rutiera

IPSO

Clever Media Group

BRD Sogelease IFN SA

RD Leasing IFN SA (former IKB Leasing Finance IFN SA)

Eco Anvelope

Work highlights

  • Legal assistance to AMAZONEN-WERKE H. DREYER SE & Co on an investigation by the Romanian Competition Council and a subsequent court case aiming to annul the council’s decision.
  • Legal assistance to Generali Romania in connection with an ongoing investigation, as well as a court challenge against a sanctioning decision issued by the Romanian Competition Council.
  • Legal assistance to Carrefour Romania on day-to-day competition matters, covering internal compliance audits; implementation of compliance procedures; and the review and negotiation of contracts.

Romania > Intellectual property Tier 1

Tuca Zbârcea & Asociatii has a comprehensive IP team that is commended for being ‘well equipped and well versed to handle all types of IP matters‘. The advisory side is handled by the ‘extremely capable and well regarded IP professional Ciprian Dragomir , where in addition to standalone IP registrations and portfolio management, the lawyers are extremely experienced in providing M&A support, as well as advice on franchising, licensing and joint venture agreements. Clients also single out ‘super hard working‘ managing associate Dana Blaer who is ‘gaining more and more prominence with her wide experience across a spectrum of IP matters’. On the contentious side, Ioana Hrisafi is an ‘excellent IP litigation lawyer, while the ‘terrific‘ managing associate Mihaela Maxim is ‘genuinely passionate about intellectual property‘.

Practice head(s):

Ciprian Dragomir; Ioana Hrisafi

Other key lawyers:

Testimonials

‘The IP team has a very good understanding of the client’s needs.’

‘They provide honest advice.’

‘The group is well equipped and well versed to handle all types of IP matters: trademarks, patents, copyright, geographical indications and regulatory issues, as well as related IP litigation. Their in-depth expertise in data protection, smuggling and anti-counterfeiting cases is also a plus.’

‘Undoubtedly, Dana Blaer is one of the leading figures in the IP team. She is professional, hardworking and has great empathy with the client. Mihaela Maxim from the litigation department has deep technical knowledge of intellectual property matters and is very efficient in court.

‘The IP team is remarkable: 24/7 availability, stellar service, highly experienced IP practitioners – definitely our top choice in Romania!’

‘Ciprian Dragomir: thinks creatively, extremely capable and well regarded IP professional. Dana Blaer: she is gaining more and more prominence with her wide experience across a spectrum of IP matters, also super hard working. Ioana Hrisafi: excellent IP litigation lawyer, business-minded and extremely persuasive in courts, where she has obtained formidable results. Mihaela Maxim: terrific IP litigation lawyer, genuinely passionate about intellectual property.’

‘Wide range of area of practice; Very Good knowledge of taxation laws; Dynamic team;’

‘Easy communication, each one of them are helpful and dedicated to their work.’

Key clients

3M Company

Artexim

Carrefour Romania

Comarket

Comite Interprofessionnel du Vin de Champagne

Coracle

Expur

Farul Constanta Football Club

FRONERI

Holotech Studios

LIBERTY GALATI

Microsoft Romania

Philip Morris

Uber

Untold

Yvatherm

Work highlights

  • Legal assistance to Expur in connection with the prosecution of trademarks.
  • Day-to-day legal assistance to Carrefour Romania in relation to various intellectual property related issues affecting its operations on the Romanian retail market, including several alleged trademark and design counterfeit cases.
  • Advising and representing 3M Company in a dispute regarding the infringement of a 3M brand.

Romania > PPP and procurement Tier 1

Tuca Zbârcea & Asociatii has an ‘extremely helpful and knowledgeable‘ PPP and procurement team that provides clients with a ‘great experience‘. The firm has an excellent track record advising on greenfield infrastructure projects across a wide range of sectors, including transport, energy and utilities. The team supports clients on a project’s entire life cycle, from the initial bid stage, through to implementation and secondary transactions, as demonstrated by its advice to CEZ on the sale of its Romanian power assets to Macquarie. The practice is jointly led by highly-experienced projects partners Serban Pâslaru  and Vlad Cercel , who share nearly four decades of experience in the market. Clients also rate managing associate Iuliana Leon whose expertise is ‘absolutely remarkable‘.

Practice head(s):

Şerban Pâslaru; Vlad Cercel

Other key lawyers:

Testimonials

‘The team involved in our projects consisted of Iuliana Leon, Managing Associate and Serban Pâslaru, Partner. I work with Lawyers of Tuca Zbârcea & Asociatii on activities covering legal advice on the requirements of the award documentation, the legal structuring of the participation with the offer, preparation and submission of the offer, drafting answers to requests for clarifications sent by the contracting authority. Prior to this, the lawyers also assisted in the pre-market consultation stage on the terms of the concession contract attached to the award documentation under the concession procedure.’

‘I’ve had a great experience working with this firm and the PPP and procurement team. They have been extremely helpful and knowledgeable about a variety of legal issues concerning the legal structuring of the tenders when participating in public procurement award procedures.’

‘I strongly recommend Iuliana Leon whose expertise as regards PPP and public procurement is absolutely remarkable. Iuliana is very hardworking, professional, and provides solid legal advice and insights. Last, but not least, Iuliana truly puts the client needs first. In conclusion, I’d recommend Iuliana without hesitation.’

 

Key clients

CEZ

ENGIE Group

AIK Energy

Bepco

Astaldi S.p.A.

E.O.N

E-Infra / Electrogrup

Astra Vagoane Calatori S.A.

Ericsson Telecommunicationd

European Investment Bank

Eurotransgaz SRL

Marubeni Corporation Japan

MOL Romania

Netcity Telecom

Nuctech Warsaw Company Limited Sp. Z o.o.

OMV Petrom

SECOL Romania

Telekom

Tenaris/Silcotub

WTE Wassertechnik

Work highlights

  • Legal assistance to CEZ  in the divestment of its Romanian assets to Macquarie Infrastructure and Real Assets (”MIRA”) – Romania’s largest deal since 2008.
  • Legal assistance to Astaldi in connection with a wide range of legal matters relating to client’s €2.5 billion worth infrastructure projects in Romania.
  • Legal assistance to MOL Romania Petroleum Products in relation to a €500 million contract for service station concessions on the  A1 and A2 highways.

Romania > Real estate and construction Tier 1

Tuca Zbârcea & Asociatii has a top tier, multidisciplinary real estate practice that is ‘one of the best‘ in the market and ‘very good at solving thorny property issues‘. Clients appreciate the ‘expertise and clear advice‘, while the lawyers are ‘very prompt,’ and have a  ‘great attitude towards business’. The firm represents clients from all corners of the market, including developers, investors, retailers, public authorities and lenders. This diverse approach extends to its contentious and non-contentious skill-sets, including environmental, planning, developmental and transactional. Practice head Razvan Gheorghiu-Testa  has an ‘excellent understanding of business and the client’s needs‘, with partners Dragos Apostol  , Dan Borbely  and Oana Ureche  also highly experienced in this area. Clients also highlight the ‘formidable work ethic‘ of managing associate Alexandra Peres.

Practice head(s):

Răzvan Gheorghiu-Testa; Dan Borbely; Oana Ureche; Dragoş Apostol

Other key lawyers:

Raluca Misu; Amalia Dumitru; Alexandra Peres

Testimonials

‘I think the team is very good and highly experienced as regards real estate acquisitions, dispositions and developments, providing integrated contentious and advisory services. They are well versed in advising on the real estate and construction aspects of significant energy and infrastructure projects, and well capable of handling the relevant financing and environmental matters.’

‘Razvan Testa and his real estate team are amazing. They are very good at solving thorny property issues and they are one of the best commercial real estate teams I’ve ever met. The input we received across a wide range of real estate and property matters relating to our assets in Romania was invaluable. Alexandra Peres is a young lawyer with a formidable work ethic and a can-do attitude.’

‘Professional team with great people. Expertise and clear advice, also in complicated situations.’

‘Razvan Testa (partner) – Excellent understanding of business and the client’s needs. Great support in negotiating the deal. Very experienced with high problem-solving capabilities.’

‘They have a great lawyers team to work on real-estate matters – due diligence/ contracts. They are always very prompt, great attitude towards business, they are following the interest of the client without making compromise on legal matters. They have a very good understanding of the relevant legal aspects and they are evaluating in an objective manner any risk associate with a real-estate project. It is a real pleasure working with them.’

‘Razvan Testa, Amalia Dumitru, Ioana Marculet – Great professional standards. Always available having a great/ positive attitude. They keep the deadlines. Great way to conduct and structure a due diligence.’

‘We are clients of Tuca Zbarcea & Asociatii for more than a decade, I guess that speaks volumes in terms of their efforts in client satisfaction. Their vast experience and dedication ensures successful transactions.’

‘Razvan Testa’s business oriented mindset and vast experience puts in motion his entire team to comply with the most complicated client needs. Alexandra Peres’s dedication and enthusiasm is outstanding, always putting the clients needs first, even while on holidays. A rare commodity. Armed with vast experience and great negotiation skills ensures that clients needs are properly represented towards third parties.’

Key clients

Morgan Stanley Real Estate Investing

Carrefour Romania

CEZ Romania

McDonald’s Romania

Vodafone Group Services

Speedwell

Cinema City Romania

Superbet Group, part of Blackstone

Edificia Star Construct

(Former) Owners of Ramada Majestic Hotel

Work highlights

  • Advising Morgan Stanley Real Estate Investing (MSREI) in connection with all asset and property management issues linked to the fund’s first investment in Romania.
  • Legal assistance to CEZ in the divestment of its Romanian assets to Macquarie Infrastructure and Real Assets (”MIRA”) – Romania’s largest deal since 2008.
  • Assisting the owners of the iconic Ramada Majestic Hotel on the hotel’s sale to a Swiss company.

Romania > Restructuring and insolvency Tier 1

Tuca Zbârcea & Asociatii fields an extremely strong team of lawyers with ‘good knowledge and practice in insolvency procedures‘. The firm represents a broad mix of creditors and debtors on contentious and non-contentious proceedings and also offers administrator services through its specialist insolvency spin-off, TZA Insolventa. Combined with its market leading banking team, the firm is regularly involved in major debt restructurings and has good credentials for the disposal of non-performing loan portfolios. On the insolvency side, it has taken on several significant creditor side mandates for banks and trade creditors. Ciprian Dragomir  is a certified insolvency practitioner, and alongside Robert Rosu , is a leading figure in this area. Ionut Serban  , Ioana Gelepu  , Christina Vladescu  , and Dan Cristea  are all highly active on the disputes side.

Practice head(s):

Ciprian Dragomir; Robert Rosu

Other key lawyers:

Ionut Serban; Christina Vladescu; Ioana Gelepu; Dan Cristea; Dorin Petcu

Testimonials

‘TZA it is a firm with people capable and with good knowledge and practice in insolvency procedures. Oriented to solve the problems and to recover the debts as soon as possible.’

‘They are dedicated and willing to solve the problems they have a pro active attitude, offering solutions and involved in the process of recovering the debts. During the time I collaborated with Dorin Petcu and Cristian Voicu.’

‘Roberts Rosu’s team are absolutely outstanding professionals in the field of restructuring and insolvency in Romania.’

 

Key clients

Société Générale

Astaldi SPA Italia Sucursala Romania București

OMV Petrom

Euroins

Omilos Oradea

BRD Groupe Société Générale

Edificia Star Construct

Raiffeisen Leasing

Y.G. Proprietăți

Banca Comerciala Romana

ELMŰ-ÉMÁSZ Energiakereskedő

Piraeus Leasing

Ensight Finance

Work highlights

  • Assisting Société Générale in the insolvency of the Romanian company Electrocentrale București SA (ELCEN) including over €28 million in outstanding receivables.
  • Advising OMV Petrom in insolvency proceedings against Oltchim SA – Romania’s largest petrochemicals company.
  • Representing Astaldi SpA Italia sucursala Romania Bucuresti in various insolvency proceedings totaling €8.5 million.

Romania > Tax Tier 1

Tuca Zbârcea & Asociatii has a top notch tax team that ‘works in a seamless manner and is extremely committed to delivering best quality services to clients‘. The group is jointly led by Razvan Gheorghiu-Testa , who handles the non-contentious side of the practice including M&A related issues, and the versatile Alexandru Cristea , who has particularly good experience of VAT and excise duty audits.  Domestic and multinational clients regularly use the firm on cross-border mandates and international structuring. Clients benefit from a deep talent pool that includes tax directors Ramona Chițu, Cristian Velcu and the ‘excellentNarcisa Ichim. Access to experienced disputes partners such as Ioana Hrisafi and Christina Vladescu  also adds value to the overall offering.

Practice head(s):

Razvan Gheorghiu-Testa; Alexandru Cristea

Testimonials

‘The team works in a seamless manner and is extremely committed to delivering best quality services to clients and external professionals they work with. I was one on those. I appreciate their ability to listening and understanding key issues, concerns and risks before providing any sort of suggestion, in order to avoid rash and partial feedback. They are reliable and timely in what they do.’

‘Overall, they are technically strong and thus can manage all the current trends and concerns that businesses are facing in the given industry. I had the chance to work with Alexandru Cristea (Partner), Narcisa Ichim (Director), Cristian Velcu (Director), Corina Miron (Senior Associate) and Andrei Jipa (Senior Associate) in several projects ranging from transfer pricing to supply chain re-shaping, both from an indirect and a direct tax perspective. Their feedback is clear and well focused.’

‘From my perspective, what makes the difference is the people behind the organisation. In particular, Narcisa is an excellent professional who is always willing to provide the best support.’

‘Great skills and client support.’

‘What in my opinion stands out regarding the team is the fact that the people that form it are very goal oriented and adaptable. I believe that nowadays these qualities are mandatory in all areas of business.’

‘I worked with Ramona Moisa Chitu and Andreea Florian and we managed to form a great team and thus achieve the desired result. Both are very well prepared, quick and responsive.’

‘Collaboration with Tuca Zbarcea & Asociatii is extremely efficient considering the vast areas covered by their services and expertise, the promptness and the level of understanding of the business.’

‘Real tax specialists, we use them in particular for transfer pricing and labour tax. Communication is great.’

Key clients

CEZ Group Romania

Alstom

Gedeon Richter

Heisterkamp Transport

Vitaro Energy, part of Vitol group

Total Romania

Fortuna Group

Alka Co

Amromco Energy

Work highlights

  • Tax advice for Alstom’s projects in Romania, and also certain projects in Eastern Europe.
  • Tax assistance to CEZ Romania in relation to its ongoing operations in the Romanian energy market, as well as advice on tax inspections and litigation.
  • Ongoing tax advice to Total Romania in relation to its local and cross-border operations.

Romania > TMT Tier 1

Tuca Zbârcea & Asociatii has ‘an outstanding reputation for all areas of TMT, including new technologies such as fintech, cloud services and AI. The practice is also noted for its strong expertise in data privacy and GDPR where partner Ciprian Timofte  has a wealth of practical experience in this sector and his advice is always well-informed and thorough‘. The firm acts for a broad clientbase including internet service providers, TV, media and telecoms companies, and IT hardware and software giants. In addition to corporate M&A and restructuring projects, the practice is also noted for its IP, litigation, outsourcing, compliance and regulatory advice. The team also has experience advising tech startups. Other key partners include the ‘terrificCatalin Baiculescu  , who is ‘an excellent negotiator‘, and Vlad Cercel . Clients also rate the ‘thoughtful, pragmatic and reliablesenior associate Florentina Petrisor.

Practice head(s):

Vlad Cercel; Catalin Baiculescu; Ciprian Timofte

Testimonials

‘Tuca Zbarcea & Asociatii’s TMT team is perhaps the most knowledgeable team with respect to data privacy issues in Romania. Their lawyers are highly experienced with the entire spectrum of data privacy legal concerns, from regulatory compliance, advice on GDPR, cross-border data transfers, data breach management to implementing customized information and data management policies and procedures within companies. They have a complete knowledge of global privacy, cybersecurity and data protection laws and are quick and effective in assessing the implications and any related risks.’

‘Ciprian Timofte heads the data privacy team. He has a wealth of practical experience in this sector and his advice is always well-informed and thorough, sensitive to our business needs as well as to the applicable legal requirements. Ciprian easily navigates through a growing body of privacy laws and is always up to date with any new developments in this field. I really enjoy working with him and his team. Also of note is Florentina Petrisor, who is thoughtful, pragmatic and reliable.’

‘I’ve had a very good working experience with the TMT team from Tuca Zbarcea & Asociatii, the main reason for which I chose them as our legal advisor being this firm’s extensive credentials in the TMT sector and especially in the media/audiovisual sector.’

‘Catalin Baiculescu: he is collaborative in his approach to working with clients and very focused on helping the client achieve their objectives. Where I think Catalin is different than other lawyers in the market is his can-do attitude and his multidisciplinary background. On the TMT front, he is a terrific lawyer: excellent knowledge of the law, extremely well-prepared and ready to tackle any challenge.’

‘There is nothing bad one can say about this team, all lawyers display strong commitment, speed of delivering high-quality advice and flexibility. They have an outstanding reputation for all areas of TMT, including new technologies such as fintech, cloud services and AI.’

‘Catalin Baiculescu is the lawyer I’ve mostly entered into contact with. He is a smooth negotiator and excellent drafts person. He is diligent, reliable and smart, overall a great TMT lawyer.’

‘Very experienced and competent as regards all legal aspects arising in the media sector. They are all knowledgeable in how to address matters and find the right solutions. I strongly recommend this firm as regards TMT.’

‘Catalin Baiculescu is the first name that crosses my mind. Very good at relationship building and going above and beyond to meet the needs of clients in a timely fashion. He has a passion for technology and has a unique understanding of the TMT industry meaning he is capable to provide well rounded and sound advice in this area. Excellent negotiator as well, he is very detail-oriented but at the same time he never loses sight of the big picture.’

Key clients

Vodafone Romania

E-Infra

Telekom Romania and Telekom Romania Mobile

Radio Guerrila

Microsoft Romania

Holotech Studios

Ringier Romania

Netcity Telecom

Clever Media Network Group

Ericsson Telecommunications Romania

Playtika Romania

Tarsago Romania

Avangate/ 2Checkout

LIBERTY GALATI

Creative Media Development

Edenred Romania

Accord Healthcare

AIK Energy Londra – Sucursala Bucuresti

Engie Romania

Work highlights

  • Advising Clever Media Network Group in its bid to acquire Prima TV, one of the largest TV stations in Romania.
  • Advising ATTP Telecommunications, part of Clever Media Network Group, in relation to the acquisition of Digital Cable Systems and AKTA Telecom.
  • Advising the owners of Comarket, a B2B digital platform for the HoReCa industry, on an initial €350,000 investment, and in relation to raising €187,500 as seed investment further to Comarket’s listing on the SeedBlink platform.

Romania > Capital markets Tier 2

Tuca Zbârcea & Asociatii has carved out an extremely good reputation for regulatory capital markets advice. The team is recommended for its ‘excellent knowledge of the regulatory framework regarding capital market operators and financial institutions and also work with large corporate clients on listing requirements’. Practice head Silvana Ivan  is especially well regarded for her ‘practical and strategic‘ advice and ‘exceptional business skills‘. The firm’s ongoing regulatory advice to the Bucharest Stock Exchange reflects on its status in the local market. Other clients include major banks, investment funds, and corporate issuers, who regularly instruct the firm on compliance and market conduct issues, as well as transactional matters.

Practice head(s):

Silvana Ivan

Other key lawyers:

Stefan Damian

Testimonials

‘We have been working with them for over fifteen years now and we are happy to entrust them with our projects involving particularly complex capital markets regulatory expertise (e.g.corporate governance, litigations and shareholders rights), including in cases when we wanted to develop new innovative products for the local capital markets, on some sensitive corporate matters (REITs implementation), involving quick turnaround and also on some key corporate governance projects that we want to further develop. They are efficient and proactive, keeping good communication with our team and mindful of all specifics of a particular project.’

‘We have been working with Ionut Serban, Silvana Ivan and Vlad Birta for some years, as they are known to have acquired very strong capital markets, corporate and corporate governance and litigations expertise during years of dedicated practice, but also on some high-profile projects.’

‘The team has a leading reputation for capital markets covering debt, equity, as well as structured finance. They have an excellent knowledge of the regulatory framework regarding capital market operators and financial institutions and also work with large corporate clients on listing requirements.’

‘Silvana Ivan is the main contact. She is quick to get an understanding of the issues and provide swift and tailored advice. Her guidance is practical and strategic, demonstrating not only legal but also exceptional business skills.’

 

Key clients

Astaldi

Banca Comerciala Romana

Bain Capital

The International Finance Corporation

APS Holding

Apollo LP

The Rohatyn Group

Amethyst Radiotherapy Group

Revetas

Alka Co.

NN Insurance & NN Pensions

Bucharest Stock Exchange (BVB)

Speedwell

BRF

Work highlights

  • Assisting Banca Comerciala Romana in relation to various capital markets issues arising from its banking operations on the Romanian and EU markets and from being a subsidiary of a listed company – Erste Bank Group.
  • Assistance to Astaldi in relation to the redemption of a €190 million Super-senior Secured PIYC Floating Rate note.
  • Assisting the Bucharest Stock Exchange (BVB) on numerous capital markets issues, from corporate governance and minorities issues derived from its status as a listed company, to proper drafting of its regulations, as well as assistance in relation to corporate events  held during the COVID-19 pandemic.

Romania > TMT: gambling law Tier 2

Tuca Zbârcea & Asociatii advises a wide range of gambling operators on their online and offline presence in Romania. Other major clients include leading software development companies, service providers and payment processors. All regularly use the firm for licensing, compliance (including anti-money laundering) and regulatory issues, as well as broader day-to-day matters such as IP, tax, data protection and employment. Recently promoted corporate partner Horia Ispas  heads the ‘incredibly knowledgeable‘ team, which also includes the highly experienced managing associate Sergiu Cretu who is commended for showing ‘real pragmatism and was always looking for ways to resolve any problems identified‘.

Practice head(s):

Horia Ispas

Other key lawyers:

Testimonials

‘The team is incredibly knowledgeable in their field and all members of the team are responsive to queries.’

‘The responsiveness has been very welcome. Sergiu Cretu in particular showed real pragmatism and was always looking for ways to resolve any problems identified.’

Key clients

TSG Interactive Plc (PokerStars)

TSG Platforms Ltd (main game platform provider for PokerStars gambling games)

Amelco UK

Apco Systems

Bet Zone, the local subsidiary of Fortuna Game

Fortuna Romania

Bet Active Concept

Kambi Malta

Pariplay Malta

Realistic Games Limited

Design Works Gaming

Rexus International

Work highlights

  • Advising PokerStars on a wide range of compliance/regulatory issues specific to online gambling in Romania.
  • Assistance to Fortuna Romania on all gambling issues regarding Romania’s online and offline market.
  • Legal assistance to Pariplay Malta Limited on all regulatory related to Romanian B2B gambling suppliers.

Romania > White-collar crime Tier 3

Tuca Zbârcea & Asociatii has an experienced team that regularly assists with criminal investigations and internal risk management. Clients, including major international brands, praise the firm for its ‘excellent group of criminal defence lawyers‘. Managing associate Manuela Gornoviceanu is particularly well-regarded and is ‘an amazing attorney to work with, extremely thorough and hands on‘. Founding partner Florentin Tuca  currently heads the team.

Practice head(s):

Florentin Tuca

Other key lawyers:

Testimonials

‘Outstanding professionalism.’

‘Excellent group of criminal defence lawyers, offering expert legal representation but also advising on preventative measures and compliance programs designed to reduce the risk of civil and criminal penalties. The team is competent and committed, with particular capabilities as regards handling bribery and corruption, money laundering, fraud, tax evasion, reputation and defamation.’

‘Manuela Gornoviceanu shines due to her in-depth knowledge . She has good instincts, she is smart, capable and direct. Her knowledge of the criminal and criminal procedural law, her practical experience and attention to detail are qualities that show up in her work. She is an amazing attorney to work with, extremely thorough and hands on. Other lawyers in her team are Cristina Brandabur, Constantin Matei, Catalin Curteza.’

‘Excellent knowledge, experience and client service sense. Large specialized team in all legal fields. One of the very few large law firm with very balanced and very strong expertise in white-collar crime practice (which is not frequent in Romania). You really feel like they care, they protect and fight for you.’

‘They have one of the largest if not the largest team in the market. I have worked constantly with Manuela Gornoviceanu (Associate). Very experienced and connected with all incident areas, objectives, focused, prompt and reliable. Fighting for the client. Manuela is very likely the best lawyer in the market in this field. The entire team Tuca Zbarcea & Asociatii is very, very good.’

Work highlights

  • Legal assistance to a leading international company active in the FMCG industry on preventing a potential criminal claim.
  • Representing a pharmaceutical company in a complex criminal case regarding contraband and counterfeiting.

The firm: Tuca Zbârcea & Asociatii is one of the leading law firms in Romania and in the region, both in terms of the high-quality services it provides to its clients and the magnitude of the projects the firm has been involved in during recent years. The firm boasts a talented team of more than 120 lawyers in its Bucharest office. It also operates a secondary office in Cluj-Napoca (one of the most important cities in Romania), and has excellent national coverage based on correspondent law offices in major cities, including Iasi, Timisoara, Constanta etc. Tuca Zbârcea & Asociatii’s team comprises lawyers, insolvency practitioners, tax consultants, IP counselors, economists who provide comprehensive services to effectively meet clients’ needs. In addition, thanks to the firm’s dedicated foreign desks, the team is able to assist international investors seeking to gain a foothold or expand their existing operations in Romania with the full range of services in relation thereto.

The firm’s client portfolio includes international corporations, financial institutions, as well as ‘Fortune 500’ category companies. It also works with local public authorities and bodies.

In addition, in a highly innovative move for the Romanian market, Tuca Zbârcea & Asociatii and Tuca Zbârcea & Asociatii Tax team entered into a formal cooperation agreement with Andersen in March 2019. This is the first collaboration agreement in Romania, and continues Andersen Global’s expansion in Eastern Europe. “Tuca Zbârcea & Asociatii is one of the highest quality law firms in Romania, with an outstanding team and best-in-class service,” said Mark Vorsatz, Andersen Global Chairman and Andersen Tax LLC CEO. “We’re proud to bring them into the Andersen Global family.”

Tuca Zbârcea & Asociatii undertakes a strong commitment to applying quality management principles, regarding information security, having obtained certifications in accordance with ISO 9001:2008 and ISO/IEC 27001:2013 standards. In addition, the firm has been pursuing a broad range of social responsibility activities throughout the years, with its initiatives mainly focusing on the following areas: education, culture, sports and charity. Several of the firm’s CSR and pro bono programs address the needs of the younger generations while engaging with the wider community of experts in various disciplines, including mathematics, physics and informatics, as well as architecture, medicine etc. From educational programmes designed for law school students, to programmes addressing the special needs of exceptional children, such as maths geniuses, we demonstrate our conviction that education is invaluable to individuals and societies. In addition, in line with Tuca Zbârcea and Asociatii’s ambition to nurture future generations by encouraging, supporting and promoting talent, the firm has deployed a range of initiatives aimed at establishing higher standards in arts/culture and sports.

Areas of practice: Tuca Zbârcea & Asociatii provide legal services in every aspect of business, covering all major areas of practice: aviation and aerospace; banking and finance; capital markets and securities; competition; corporate and commercial; criminal law and corporate crime; data protection; electronic communications and IT; employment; energy and natural resources; environmental law and permitting; gambling; healthcare and medical services; insolvency and liquidation; insurance and private pensions; intellectual property; litigation and arbitration; media and advertising; mergers, acquisitions and privatisation; oil and gas; pharmaceutical law; PPP, PFI and concessions; real estate; regulatory legal services; shipping and transport; and tax.

DepartmentNameEmailTelephone
Arbitration Florentin Tucaflorentin.tuca@tuca.ro004021 204 88 91
Arbitration Cornel Popacornel.popa@tuca.ro004021 204 88 94
Arbitration Levana Zigmundlevana.zigmund@tuca.ro004021 204 76 32
Arbitration Anca Puscasuanca.puscasu@tuca.ro0040374 136 307
Taxation Razvan Gheorghiu-Testarazvan.testa@tuca.ro004021 204 88 96
Taxation Alexandru Cristeaalexandru.cristea@tuca.ro004037 413 61 15
Banking and finance Stefan Damianstefan.damian@tuca.ro004021 204 88 93
Banking and finance Mihai Dudoiumihai.dudoiu@tuca.ro004021 204 76 36
Banking and finance Gabriela Antongabriela.anton@tuca.ro004037 413 63 42
Capital markets and securities Stefan Damianstefan.damian@tuca.ro004021 204 88 93
Capital markets and securities Silvana Ivansilvana.ivan@tuca.ro004021 204 76 40
Competition Raluca Vasilacheraluca.vasilache@tuca.ro004021 204 76 33
Corporate and commercial Florentin Tucaflorentin.tuca@tuca.ro004021 204 88 91
Corporate and commercial Stefan Damianstefan.damian@tuca.ro004021 204 88 93
Corporate and commercial Catalin Baiculescucatalin.baiculescu@tuca.ro004021 204 76 34
Corporate and commercial Horia Ispashoria.ispas@tuca.ro0040374 136 316
Electronic communications and IT Catalin Baiculescucatalin.baiculescu@tuca.ro004021 204 76 34
Electronic communications and IT Vlad Cercelvlad.cercel@tuca.ro004037 413 63 40
Employment and pensions Serban Pâslaruserban.paslaru@tuca.ro004021 204 88 97
Energy and natural resources Gabriel Zbârceagabriel.zbarcea@tuca.ro004021 204 88 92
Energy and natural resources Sorin Vladescusorin.vladescu@tuca.ro004021 204 88 95
Energy and natural resources Irina Moinescuirina.moinescu@tuca.ro004021 204 76 41
Energy and natural resources Cornel Popacornel.popa@tuca.ro004021 204 88 94
Environmental law and permitting Ciprian Dragomirciprian.dragomir@tuca.ro004021 204 88 90
PPP, PFI and concessions Florentin Tucaflorentin.tuca@tuca.ro004021 204 88 91
PPP, PFI and concessions Serban Pâslaruserban.paslaru@tuca.ro004021 204 88 97
PPP, PFI and concessions Vlad Cercelvlad.cercel@tuca.ro004037 413 63 40
Intellectual property Ciprian Dragomirciprian.dragomir@tuca.ro004021 204 88 90
Litigation Ioana Hrisafiioana.hrisafi@tuca.ro004021 204 76 31
Litigation Ionut Serbanionut.serban@tuca.ro004021 204 76 37
Litigation Christina Vladescucristina.vladescu@tuca.ro004021 204 76 38
Litigation Ioana Gelepuioana.gelepu@tuca.ro004021 204 76 39
Real estate Dan Borbelydan.borbely@tuca.ro004021 204 88 98
Real estate Razvan Gheorghiu-Testarazvan.testa@tuca.ro004021 204 88 96
Real estate Oana Urecheoana.ureche@tuca.ro004021 204 76 35
Real estate Dragos Apostoldragos.apostol@tuca.ro004037 413 62 42
Mergers, acquisitions, privatisation Gabriel Zbârceagabriel.zbarcea@tuca.ro004021 204 88 92
Mergers, acquisitions, privatisation Stefan Damianstefan.damian@tuca.ro004021 204 88 93
Mergers, acquisitions, privatisation Cornel Popacornel.popa@tuca.ro004021 204 88 94
Corporate and commercial Ciprian Timofteciprian.timofte@tuca.ro0040374 136 341
Mergers, acquisitions, privatisation Ciprian Timofteciprian.timofte@tuca.ro0040374 136 341
Data privacy Ciprian Timofteciprian.timofte@tuca.ro0040374 136 341
Litigation Dan Cristeadan.cristea@tuca.ro0040374 136 368
Employment Mihai Anghelmihai.anghel@tuca.ro0040374 136 388
Litigation Oana Gavriloana.gavril@tuca.ro0040374 136 344
Litigation Cătălina Mihăilescucatalina.mihailescu@tuca.ro0040374 136 371
Insolvency and liquidation Cătălina Mihăilescucatalina.mihailescu@tuca.ro0040374 136 371
Competition Andreea Oprișanandreea.oprisan@tuca.ro0040374 136 387
Real estate Alexandra Pereșalexandra.peres@tuca.ro0040374 136 326
Corporate and Commercial Alexandra Pereșalexandra.peres@tuca.ro0040374 136 326
Mergers, acquisitions, privatisation Alexandra Pereșalexandra.peres@tuca.ro0040374 136 326
Litigation Alina Ungureanualina.ungureanu@tuca.ro0040374 136 234
Insolvency and liquidation Alina Ungureanualina.ungureanu@tuca.ro0040374 136 234
PhotoNamePositionProfile
Gabriela Anton  photo Gabriela Anton Gabriela Anton is a Partner at Tuca Zbârcea & Asociatii, specialising mainly…
Dragos Apostol  photo Dragos Apostol Dragos Apostol is a Partner specialising in mergers, acquisitions and privatization, as…
Catalin Baiculescu  photo Catalin Baiculescu Cătălin Băiculescu is a Partner at Tuca Zbârcea & Asociatii. He has…
Dan Borbely  photo Dan Borbely As a Partner at Tuca Zbârcea & Asociatii, Dan Borbely co-heads the…
Vlad Cercel  photo Vlad Cercel Vlad Cercel focuses on PPP/concession and public procurement projects, as well as…
Dan Cristea  photo Dan Cristea Dan Cristea is a Partner in the litigation and arbitration practice group…
Alexandru Cristea  photo Alexandru Cristea Alexandru Cristea is a Partner with Tuca Zbârcea & Asociatii Tax SRL,…
Stefan Damian  photo Stefan Damian Stefan Damian is Deputy Managing Partner at Tuca Zbârcea & Asociatii. He…
Ciprian Dragomir  photo Ciprian Dragomir In his capacity as Partner at Tuca Zbârcea & Asociatii, Ciprian Dragomir…
Mihai Dudoiu  photo Mihai Dudoiu Mihai Dudoiu is a Partner at Tuca Zbârcea & Asociatii and co-head…
Ioana Gelepu  photo Ioana Gelepu Ioana Gelepu is a Partner in the litigation and arbitration practice group…
Razvan Gheorghiu-Testa  photo Razvan Gheorghiu-Testa Razvan Gheorghiu-Testa is a Partner at Tuca Zbârcea & Asociatii, having built…
Ioana Hrisafi-Josan  photo Ioana Hrisafi-Josan Ioana Hrisafi-Josan is a Partner at Tuca Zbârcea & Asociatii and co-heads…
Horia Ispas  photo Horia Ispas
Silvana Ivan  photo Silvana Ivan Silvana Ivan is a Partner at Tuca Zbârcea & Asociatii and works…
Irina Moinescu  photo Irina Moinescu Irina Moinescu is a Partner at Tuca Zbârcea & Asociatii. Her main…
Serban Pâslaru photo Serban PâslaruSerban Paslaru is a Partner at Tuca Zbârcea & Asociatii, specialising mainly…
Cornel Popa  photo Cornel Popa Cornel Popa is a Partner at Tuca Zbârcea & Asociatii. Cornel combines…
Anca Puscasu  photo Anca Puscasu Anca Pușcașu, a Partner at Tuca Zbârcea & Asociatii, is specialized mainly…
Robert Rosu  photo Robert Rosu As a Partner at Tuca Zbârcea & Asociatii, Robert Rosu co-heads the…
Ionut Serban  photo Ionut Serban Ionut Serban is a Partner in the litigation and arbitration practice group…
Ciprian Timofte  photo Ciprian Timofte Ciprian Timofte is a Partner in the firm’s Corporate and Mergers &…
Florentin Tuca  photo Florentin Tuca Dr Florentin Tuca is Managing Partner at Tuca Zbârcea & Asociatii. He…
Oana Ureche  photo Oana Ureche As a Partner at Tuca Zbârcea & Asociatii, Oana Ureche focuses on…
Raluca Vasilache  photo Raluca Vasilache Raluca Vasilache is a competition Partner with Tuca Zbârcea & Asociatii and…
Christina Vladescu  photo Christina Vladescu Christina Vladescu is a Partner in the litigation and arbitration practice group…
Sorin Vladescu  photo Sorin Vladescu Sorin Vladescu is a Partner at Tuca Zbârcea & Asociatii, specialising in…
Gabriel Zbarcea  photo Gabriel Zbarcea Gabriel Zbarcea is Managing Partner at Tuca Zbârcea & Asociatii. His practice…
Levana Zigmund  photo Levana Zigmund Levana Zigmund is a Partner at Tuca Zbârcea & Asociatii. She practices…
Number of lawyers : 120
English
French
German
Italian
Spanish
European Employment Lawyers Association
Multilaw
HR Club Romania
American Chamber of Commerce in Romania (AmCham)
British-Romanian Chamber of Commerce (BRCC)
Managing Partner : Florentin Tuca, florentin.tuca@tuca.ro
Managing Partner : Gabriel Zbârcea, gabriel.zbarcea@tuca.ro
Deputy Managing Partner : Stefan Damian, stefan.damian@tuca.ro

  • A global aerospace and defence company headquartered in the US – assistance in signing a $1 billion contract with the National Defense Ministry to deliver up to 227 PIRANHA 5 wheeled armored vehicles in six different configurations to the Romanian Armed Forces.
  • Advising a private equity and venture capital firm on both Series A and Series B investments totalling $183 million in a Romanian start-up company – UiPath, the largest capital raise of its kind.
  • An American company – assistance in a €12.3 billion acquisition transaction involving the Power and Grid businesses of Alstom, as well as in connection with the transfer of its Romanian water treatment business to an entity owned by Suez, as part of a cross-border transaction worth €3.2 billion.
  • A consortium of international financial institutions – assistance in high-profile acquisitions in the financial services sector, including the largest acquisition of a single corporate non-performing loan package worth €1.2 billion ($1.31 billion).
  • A well-known supplier for the aerospace industry – assistance in acquiring Fokker Technologies Group B.V, from Arle Capital, for an enterprise value of €706 million (£499 million).
  • America’s most successful fast food chains – assistance in relation to various corporate and commercial issues arising out from its operations in Romania, including advice on the sale of its Romanian subsidiary to Premier Capital.
  • A Chinese company – advising on its bid for the construction of two reactors (Units 1 and 2) at the Romanian nuclear power plant in Cernavoda subject to investments worth €6.45 billion.
  • A packaged meats manufacturer – assistance as regards the sale of a 100 percent stake to Smithfield Foods Inc.
  • One of the fastest growing gambling operator in Romania – assistance in various gambling regulatory aspects, as well as on corporate, IP and insolvency laws matters further to client’s acquisitions of Bet Active Concept, Bet Zone, Public Slots and Slot Arena.
  • A Czech pharmacy chain – assistance with respect to its entry on the Romanian market further to the acquisition of Fastpharm, Iezer Farm, Panpharma Med and York Farm chains.
  • An electricity producer from the Czech Republic – advice on regulatory issues, employment, environmental law and permitting, litigation, corporate, mergers & acquisitions, real estate, as well as post-privatisation issues entailed by its subsidiary, Electrica Oltenia.
  • A French hypermarket operator – assistance in all its operations in Romania and in the expansion if its retail sale network, including M&A, real estate, corporate, competition, labour, litigation, regulatory issues.
  • A member company of Rompetrol Group, owned by KazMunaiGaz – advising on the largest Chinese investment in Romania following the partial takeover of KazMunayGas International by CEFC, a Chinese strategic investor (a complex deal of multi-billion $USD).
  • Assistance to the leading financial services provider in Central and Eastern Europe and also the majority shareholder in Banca Comerciala Româna – in a wide range of legal issues ranging from complex banking and finance, capital markets, M&A and post-privatisation issues, corporate, insurance and private pensions, insolvency and liquidation, competition, capital markets, litigation.
  • One of the main telecom operators in Romania – assistance in various corporate/commercial, regulatory, competition, labour, tax related issues relating to client’s operations on the Romanian telecom market, including in concluding the first network sharing agreement in Romania with one of its competitors.


Diversity lies at the heart of Tuca Zbârcea & Asociatii’s brand. Our diversity policy is about ensuring that work is evenly distributed or that career-making opportunities are afforded to a diverse group of attorneys and staff. Our diversity policy is also about recruitment and retention of diverse talent, understanding and responding to the needs of our diverse clients, promotion of women and minorities, commitment to offer equal employment opportunities and to foster an atmosphere conducive to open and safe discussion of diversity topics, enforcement of anti-discrimination and harassment policies, including gender discrimination and sexual harassment. The firm’s team comprises lawyers and staff members from an ethnic minority background, such as Roma people or people from Hungarian, Russian, Turkish and German minorities. The firm is also providing equal opportunities for people with disabilities. As a general comment, more than 56% from our team are female lawyers of whom 45% are in leadership positions (Partner level and/or Managing Associate level). Overall, 65% of our entire team is female.

According to our Pro Bono program, we commit to contribute up to 3% of the firm’s billable hours to Pro Bono work. In line with our commitment to help make a difference to the profession, as well as the wider community, Tuca Zbârcea & Asociatii has been pursuing a broad range of social responsibility activities throughout the years. As per our CSR policy, the firm’s initiatives are mainly focused on the following areas: education, culture, sports and charity. What’s more, the firm set up a dedicated non-profit organisation called Noctilucent to implement social responsibility projects. Tuca Zbârcea & Asociatii is a socially responsible company that takes a strong, real interest in the future of the legal profession and is willing to shape that future by investing in talented people, improving education and enabling access to meaningful, quality sources of information. Several of the firm’s CSR and pro bono programs address the needs of the younger generations and our focus is not exclusively on law students and law graduates. Instead, Tuca Zbârcea & Asociatii engages with the wider community of experts in various disciplines, including mathematics, physics, informatics, as well as architecture, medicine etc. From educational programmes designed for law school students, to programmes addressing the special needs of exceptional children, such as maths geniuses, we demonstrate our conviction that education is invaluable to individuals and societies. In addition, in line with Tuca Zbarcea & Asociatii’s ambition to nurture future generations by encouraging, supporting and promoting talent, the firm has deployed a range of initiatives aimed at establishing higher standards in arts/culture and sports.

Thanks to the firm’s constant involvement in Pro Bono, CSR and sponsorships, Tuca Zbarcea & Asociatii has received various accolades from prestigious publications, including The Financial Times in its annual FT Innovative Lawyers report. The firm is also a past recipient of the Award for CSR and Pro Bono commitment (Legal Magazin, Gala Profesiilor Liberale, 2013) and Brand Culture Award for devising a one-of-a-kind internship in public speaking for law students in Romania (Legal Marketing, The Times/Legal Innovation Awards, 2017).


CLIENT: Legal Manager
COMPANY/FIRM: A company active in the automotive industry
TESTIMONIAL: Tuca Zbârcea & Asociatii is a well-known law firm with a solid history in the Romanian legal environment. Working in several projects with them, it convinced me about the professional and human quality of the lawyers I interacted with, so I may say I (personally) know a few of them from the “battlefield”.


CLIENT: CEO
COMPANY/FIRM: A company active in the pharma sector
TESTIMONIAL: Highly professional, impressive understanding of specific law, clear communication.


CLIENT: CEO
COMPANY/FIRM: A non-bank financial institution
TESTIMONIAL: I was really impressed to see that the lawyers I work with can answer 99% of my questions on the spot and have a very good reference of our business (they know exactly what happened and when).


CLIENT: General Manager
COMPANY/FIRM: An oil & gas company
TESTIMONIAL: Very good understanding for the business, very dedicated, very good explanations on the steps to be followed, good communication.


CLIENT: Legal Director CEE
COMPANY/FIRM: A company active in the industrial manufacturing sector
TESTIMONIAL: The lawyers are very professional and I consider them my first choice when I need legal support, not only due to their legal competencies, but also because they are always very prompt, business oriented, they always find the best legal solution and always support me in making a correct risk assessment. Not to say that it is always a pleasure to work with them!


CLIENT: Legal Manager
COMPANY/FIRM: A company active in the steel industry
TESTIMONIAL: Very good quality of legal services, good understanding of client’s needs and strategy, great success in litigation, dedication to the file, timely responses, availability.

Florentin Țuca, Managing Partner, Țuca Zbârcea & Asociați

Florentin Țuca, Managing Partner of Țuca Zbârcea & Asociații and also a highly experienced pleading lawyer talks about the challenges facing a criminal lawyer in today’s business environment.

Do you consider the mission of a criminal defence lawyer more delicate and more difficult than that of one specialising in civil and commercial law, for example?

I cannot say that the legal mission of a criminal defense lawyer is, statistically speaking, necessarily more difficult than that of an attorney specialising in civil or commercial law. The diagnosis resulting from such comparative analysis is dependent on a number of factors which I do not insist on detailing right now.

But, yes, I do think the job description of a criminal defense lawyer is somehow more delicate and subtle. And this is because, beyond the abstractions inherent to the legal equations that are subject to analysis and which are, in essence, similar (regardless of the field of law in question), in criminal cases, these lawyers have an additional mission: managing emotions and feelings. And this is a very delicate mission just by knowing that the stake for which they fight is not, most often, assessable in money, but in the freedom and the fate of their client.

A lawyer involved in a criminal case with a high media impact exposes himself, in turn, at least to some extent and becomes the sole bearer of public messages about the case. Is this a beneficial increase in visibility for the lawyer or an additional risk of being assimilated, in a negative way, with their client?

Criminal defense lawyers involved in “high-impact media” cases do have the opportunity to build a more visible public image than a civil law practitioner who keeps a low profile. Such an “opportunity” can, of course, mean “chance” or, on the contrary, “bad luck” depending on several factors: the lawyer’s communication skills, the specific data of the case, the client’s profile, the public perception of the case, etc. One is to be the lawyer of the disliked Weinstein (in which not even the Dean of Harvard Law School could intervene as a lawyer without escaping the virulent disapproval of students) and one is to be the lawyer of Robert Rosu (the victim of an unfortunate and immense miscarriage of justice, felt as such by the Romanian and international lawyers who analysed the essential data of the case and, eventually, recognised as such by the Supreme Court’s judges who fully acquitted Robert on all charges in November 2021).

You said at one point: “the lawyer is, or should be, the doctor-priest of the subjects of law.” Does the lawyer-client relationship reach deep into consciousness? Does a lawyer treat and heal the hidden flaws of the client they represent? Does or should the client feel in the presence of the lawyer as in a confessional?

I strongly believe in the “secular” secrecy of the lawyer-client relationship based, above all, on trust. Just as the priest is my confidant of the mysteries of the soul, and the doctor is of the mysteries of the body, so I am entitled to a confidant and counsellor as regards the “social mysteries.” And such guidance can only come from a lawyer, presumed to be the most appropriate interpreter of the rules that govern the society.

You are the founder of the business law firm Ţuca & Asociații and since 2005 the co-founder of the renamed company Ţuca Zbârcea & Asociaţii, with an excellent reputation and a rich experience in various areas of law. As a good market expert and entrepreneur, what would you recommend to a young law firm?

I don’t believe in the recipe for happiness, and the motivational bestsellers about the 7 ways to honesty and other virtues make no impression on me. Therefore, it is difficult for me to offer an “one-size-fits-all” type of advice… I am convinced that true success is based on “a custom-made” approach to challenges. In other words, it all depends on the volume of resources put into the respective project and the skills and competencies supporting such.

Tuca Zbarcea & Asociatii successfully assists MOL Romania in a motorway services concession project

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 open to road traffic, on the routes of Nadlac - Sibiu and Pitesti - Bucharest (A1) and Cernavoda - Constanta (A2). The company retained Tuca Zbarcea & Asociatii to provide full advisory services in respect thereof.

Tuca Zbarcea & Asociatii advised CEZ on selling part of its Romanian assets to a funds manager

Tuca Zbarcea & Asociatii acted for CEZ Group as regards the divestment of its Romanian assets, namely the electricity distribution assets, the energy supply and an operational portfolio of renewable energy to funds managed by Macquarie Infrastructure and Real Assets ("MIRA"). The seven companies which are part of the deal are: Distributie Energie Oltenia, CEZ Vanzare, Ovidiu Development, Tomis Team, MW Team Invest, TMK Hydroenergy Power and CEZ Romania.

Tuca Zbarcea & Asociatii advises on Coca-Cola HBC Romania-HEINEKEN Romania deal

Tuca Zbarcea & Asociatii provided legal assistance to Coca-Cola HBC Romania in the transaction by which the leader of the local beverage industry acquired 50% of the share capital of Stockday, an online business-2-business platform developed by HEINEKEN Romania. The transaction was recently approved by the European Commission.