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Popovici Nitu Stoica & Asociatii Successful for ARACO in Bucharest Court of Appeal

Popovici Nitu Stoica & Asociatii Successful for ARACO in Bucharest Court of Appeal

Romania
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Popovici Nitu Stoica & Asociatii has successfully represented the interests of the Association of Romanian Construction Companies and several other large construction companies before the Bucharest Court of Appeal.

According to PNSA, the firm was able to persuade the Court to annul Romania's National Agency for Public Procurement President's Instructions no. 1/2019 on matters of contract price adjustment in public procurement and supply projects. According to the firm, "the ruling is a major move for construction companies acting in public procurement and supplies since in this way they have regained certain control of the economic balance of their contracts with the public authorities, especially related to indexation triggered by the increase in the minimum wage in the construction field.” 

Popovici Nitu Stoica & Asociatii’s team included Managing Associates Camelia Patrascu and Ramona Pentilescu.

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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). 

Firm's website.

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