Last night, more than 20 prizes were awarded at the annual Financial Intelligence Hall of Fame Awards Gala to individuals and companies in recognition of their accomplishments in what has been a very unusual year. Given the current epidemiological context, the winners were revealed virtually. This year, the Law Firm of the Year Award went to Țuca Zbârcea & Asociații for having successfully adapted its business strategy to respond to the challenges raised by the pandemic.

Țuca Zbârcea & Asociații and Țuca Zbârcea & Asociații Tax are pleased to present the second edition of their flagship event TAX + LEGAL VIDEOCONFERENCE: SAILING TAILWIND THROUGH THE NEW NORMAL. This will be a virtual event hosted on the Wolters Kluwer - Sintact.ro platform, taking place on 18 November, from 9:30 a.m. to 1:00 p.m. (EET).

Țuca Zbârcea & Asociații acted for the newly created start-up - Comarket, a B2B marketplace for the Romanian hospitality industry. Comarket is a digital tool connecting professionals and suppliers in the HoReCa community. By increasing the efficiency and further development of the procurement market, the platform is helping players from the hospitality industry (restaurants, cafes and hotels) in the day-to-day management of their business operations.

Clever Business Transilvania, an important independent media group in the Romanian market, owner of a number of TV stations (Look TV, Look Plus, Look Medica, Agro TV, Profit.ro), has recently announced it had completed the takeover of Prima TV, one of the most important TV stations in Romania. Clever Business Transilvania which is owned by a Romanian entrepreneur, Mr. Adrian Tomșa, turned out to Țuca Zbârcea & Asociații for legal assistance services. The Romanian law firm fielded a team of lawyers led by Corporate/M&A and TMT partner - Cătălin Băiculescu who advised the client throughout the entire acquisition process.

The European Bank for Reconstruction and Development (EBRD) has recently acquired a 25% stake in Vestmoldtransgaz, the gas transmission company that is operating the newly built Ungheni-Chisinau gas pipeline. Țuca Zbârcea & Asociații advised Eurotransgaz, a subsidiary of SNTGN Transgaz and owner of Vestmoldtransgaz, with a team of lawyers led by Partner Sorin Vlădescu and Managing Associate Nisa Jecu. The Romanian law firm worked closely with the team of lawyers from Țurcan Cazac (Republic of Moldova) on the Moldovan law aspects impacting on the transaction.