14
Tue, May
62 New Articles

Recently, Law No 414/2023 on the conduct of representative actions for the protection of the collective interests of consumers (hereinafter Law 414/2023 or the Law), transposing Directive 2020/1828/EU on representative actions for the protection of the collective interests of consumers and repealing Directive 2009/22/EC (hereinafter Directive 2020/1828), entered into force.

MPR Partners has advised Bucharest-based mining company Verde Magnesium on its successful bid in the public tender organized by the National Agency for Mineral Resources of Romania for concession rights on a magnesium mining perimeter in Western Romania.

For several years, ESG (Environmental, Social, Governance) standards have increased globally, the EU being a pioneer in the field through the adoption of a significant number of directives and regulations subsequently implemented at Member States’ national level in relation to these three most dynamic letters in today’s business world.

CMS has advised Greece's Public Power Corporation on a cooperation framework agreement for the development and construction of almost 90 solar projects of up to 2,000 megawatts in Romania, Italy, Bulgaria, and Croatia. The deal is valued at up to EUR 2 billion and is expected to be implemented over the next three years.

Bucharest's Sirbu & Vornicu Law have advised Enel Green Power Espana on the successful implementation of a FAC-1 framework alliance contract with all the contractors involved in the realization of the Campillo Wind Cluster in Cuenca province, Spain.

Filip & Company has advised the Digi Spain Telecom group on its sale of an FTTH network to Sota Investments Spain – controlled by a consortium formed by Macquarie Capital, Abrdn, and Arjun Infrastructure Partners – in an up to EUR 750 million transaction. Allen & Overy Spain reportedly advised Sota Investments.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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