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Maravela|Asociatii Assists Chimcomplex Obtain Approval for Takeover of Oltchim Assets

Maravela|Asociatii Assists Chimcomplex Obtain Approval for Takeover of Oltchim Assets

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Maravela|Asociatii has assisted CEE chemicals producer Chimcomplex in the Romanian Competition Council's merger review procedure related to the company's takeover of Oltchim’s assets.

The Romanian Competition Council approved Chimcomplex’s 127 million EUR takeover of assets of the petrochemical plant Oltchim S.A. reported by CEE Legal Matters on August 25, 2017.

The Maravela|Asociatii team that assisted Chimcomplex with the notification and Competition Council’s review consisted of Founding Partner Alina Popescu, Counsel Razvan Pele, and Associate Magda Grigore.

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). 

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