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PNSA Advises on Multi-Entity Architecture Merger in Romania

PNSA Advises on Multi-Entity Architecture Merger in Romania

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Popovici Nitu Stoica & Asociatii has advised the PZP, SYAA, and ARXTUDIO architecture offices on their merger into a new entity, named CUMULUS.

CUMULUS brings together industry portfolios with a combined turnover of over EUR 1 million. According to PNSA, this represents "the first large-scale merger on the Romanian architecture market."

The newly formed company provides integrated civil and urban design services with expertise in residential, office, industrial, restoration and rehabilitation projects, public investment, and the hotel and catering industry.

The PNSA team was led by Deputy Managing Partner Bogdan Stoica and Managing Associate Vlad Ambrozie.


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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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