Romanian company Electrica has signed with Monsson a contract for the sale and purchase of shares in a project company that is developing a photovoltaic park with an installed capacity of 77.5 MW of renewable energy. The transaction concerns the full acquisition of the project company - Foton Power Energy S.R.L., wholly owned by the seller, which is developing the "Bihor 1" photovoltaic project. A team of lawyers and tax advisors from the Țuca Zbârcea & Asociații and Ernst & Young respectively advised Electrica group.

African Industries Group signed a syndicated loan of EUR 49.5 million to finance the acquisition of Thames Farming Enterprises, the parent company of Agricom Borcea, Tudor 92, Concordia Agro farms and Alisa Farm Management, from Călărași County, with a total area of 13,700 hectares and a storage capacity of almost 40,000 tons. Legal advisor for Banca Transilvania was Țuca Zbârcea & Asociații, while EY acted as the tax adviser of the transaction. Mihai Dudoiu, Partner of Țuca Zbârcea & Asociații led the team of lawyers, with Sergiu Negreanu and Cătălin Georgescu also being part of the core team advising Banca Transilvania.

Țuca Zbârcea & Asociații law firm salutes the High Court of Cassation and Justice's decision as of November 23rd granting the extraordinary appeal and freeing Robert Roșu. Judges of the Supreme Court quashed the 17 December 2020 decision convicting Robert Roșu and acquitted him of all charges, thus delivering justice in this case and confirming that his activities as lawyer were in full compliance with the law.

Țuca Zbârcea & Asociații and Țuca Zbârcea & Asociații Tax are pleased to announce the 3rd edition of its TAX + LEGAL VIDEOCONFERENCE: TAX DISPUTES - TRENDS AND APPROACHES with a focus on the procedural issues and tax problems of the moment from a legal and tax perspective. The event is scheduled for 8 December 2021 and is broadcasted live through the online platform - Sintact.ro.

Țuca Zbârcea & Asociații successfully represented one of the leading European construction groups in an arbitration case under the Rules of Arbitration of the International Chamber of Commerce (ICC). In arbitration proceedings, the claimant has been represented by a team of arbitration lawyers led by Cornel Popa (Partner) and Cornelia Tăbîrță (Managing Associate). The legal assistance and representation in the setting aside proceedings were headed by Ioana Gelepu, Partner within the firm's Litigation team.