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Radu si Asociatii Advises Electrica on Internal Merger of Distribution Companies

Radu si Asociatii Advises Electrica on Internal Merger of Distribution Companies

Romania
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Radu si Asociatii has advised the Electrica Group on a merger through which Societatea de Distributie a Energiei Electrice Transilvania Nord S.A. absorbed two other group distribution companies: SDEE Transilvania Sud S.A. and SDEE Muntenia Nord S.A. 

According to Radu si Asociatii, “following the merger, a single company continues to exist, respectively, Distributie Energie Electrica Romania S.A." According to the firm, "DEER offers services in 18 counties, in three geographical areas of the country, towards 3.8 million users. Thus, the new company becomes the most important national electricity distribution operator, with a coverage of 40.7% of Romania.”

Radu si Asociatii’s team included Partner Radu Daiaconu, Director Andrei Stefanovici, Managing Associates Georgiana Nichita and Anca Atanasiu, and Senior Associates Claudia Grosu and Alexandra Constantin.

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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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