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PNSA Advises Burda Group on Exit from Romanian Market
PNSA has advised Burda Group on the sale of its business in Romania to an unspecified buyer.
Financial details of the sale were not disclosed.
According to PNSA, “the transaction concerns the sale of the entire logistics, transport, and press distribution business operated by Burda Group in Romania through Burda Romania, Casa de Difuzare-Presa New Concept, and Trans-Log-Presa.”
PNSA's team consisted of Partner Silviu Stoica, Senior Associate Andra Pitu, and Associate Ruxandra Petcu.
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).
