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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.

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MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

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