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.