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PNSA and TZA Advise on Majority Stake Acquisition in Travertec Buzau

PNSA and TZA Advise on Majority Stake Acquisition in Travertec Buzau

Romania
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Popovici Nitu Stoica & Asociatii has assisted Voestalpine AG on the acquisition of a 60% stake in Travertec Buzau from PCM RAIL.ONE AG. Tuca Zbarcea Asociatii advised RAIL.ONE on the sale.

Voestalpine is an international steel company located in Linz, Austria. The company produces steel, automobiles, railway systems, equipment, and tool steels.

Travertec Buzau is a 100% subsidiary of RAIL.ONE, Germany. The company provides innovative track systems for railways and urban transit, as well as concrete sleepers for all applications involving railway infrastructure.

The PNSA team was led by Deputy Managing Partner Bogdan Stoica and Managing Associate Andreea Hulub. The team also included Partner Mihaela Ion, Managing Associate Ioana Dumitru, Senior Associate Laura Ambrozie, and Associates Casiana Pinzariu, Claudia Salomia, Vanessa Nistor, and Dragos Iamandoiu.

The TZA team was led by Partner Gabriela Anton and Senior Associate Raluca Sanucean.

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). 

Firm's website.

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