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Bondoc & Asociatii and Popovici Nitu Stoica & Asociatii Advise on Sale of Former Automatica Property in Bucharest

Bondoc & Asociatii and Popovici Nitu Stoica & Asociatii Advise on Sale of Former Automatica Property in Bucharest

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Bondoc si Asociatii has advised investment fund Global Finance on the sale by its real estate division of the land of the former Automatica factory in Bucharest to the French group Auchan and One United. Popovici Nitu Stoica & Asociatii advised the buyers on the deal.

The acquisition covers not only the land under the factory, but also the factory itself, which, when initially constructed in 1935, was the Ford Motor Company's first plant and assembly line in Eastern Europe.

The Popovivi Nitu Stoica & Asociatii team consisted of Partner Bogdan Stoica, Managing Associate Irina Ivanciu, and Associate Mariana Marcu.

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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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