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BPV Grigorescu Stefanica Advises Iveco Defense Vehicles on Sale of Military Trucks to Romanian Ministry of National Defense

BPV Grigorescu Stefanica Advises Iveco Defense Vehicles on Sale of Military Trucks to Romanian Ministry of National Defense

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BPV Grigorescu Stefanica has advised Iveco Defense Vehicles, part of the CNH Industrial group of companies, on its sale of over 2900 high mobility trucks to the Romanian Ministry of National Defense for a total value of over EUR 700 million.

The public procurement procedure was finalized with the awarding of the framework agreement to IDV in December 2019, and the first batch of 942 vehicles will be delivered over four years, starting in 2020.

According to BPV Grigorescu Stefanica, “during the past 12 months, the procedure was challenged several times by IDV’s closest competitor, but the Romanian courts dismissed all claims.”

BPV Grigorescu Stefanica’s team included Partners Anca Albulescu and Daniel Stefanica, Managing Associate Raluca Marcu, and Senior Associate Serban Dumitrescu.

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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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