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Popovici Nitu Stoica & Asociatii Assists Voestalpine on Acquisition of Romanian Coating Plant

Popovici Nitu Stoica & Asociatii Assists Voestalpine on Acquisition of Romanian Coating Plant

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Popovici Nitu Stoica & Asociatii has assisted longstanding client Voestalpine on the acquisition of the Timisoara-based KTL plant producing coating for metal components from Barum Technik. The seller was advised by Petrea & Asociatii.

The PNSA team was led by Deputy Managing Partner Bogdan Stoica and Managing Associate Vlad Ambrozie and included Managing Associates Ioana Dumitru and Camelia Constantin and Associates Elena Eftene and Ioana Avram. Tax assistance was provided by Mihaela Pohaci, Partner with PNSA Tax SRL, and Raluca Rusu, Senior Tax Manager.

The Petrea & Asociatii team advising Barum Technik was led by Senior Partners Bogdan Petrea and Razvan Petrea.

Barum Technik was also assisted on financial and business processes related to the deal by Florin Cerna of Brinkthink Management.


Romanian Knowledge Partner

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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