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.
