ENGIE Romania has recently announced the acquisition of of 60% of Flashnet, a Romanian Internet of Things (IoT) company. The move will further strengthen ENGIE’s competencies in both intelligent lighting and grid infrastructures. Țuca Zbârcea & Asociații acted for ENGIE, with Partner Silvana Ivan leading the team of lawyers involved in the transaction.

Ringier Sportal, a joint venture of Ringier Romania and Bulgaria's Sportal Media Group agreed to buy Romanian sports brand Gazeta Sporturilor and its online platform – www.gsp.ro. Țuca Zbârcea & Asociații advised on the M&A and corporate implications of the deal up to the signing.

Speedwell Real Estate Development has agreed to acquire two plots of land of more than 50,000 sqm from the Austrian real estate investor Immofinanz. The lands are located in Northern Bucharest and will help Speedwell complete its residential portfolio on the premium market segment. Țuca Zbârcea & Asociații fielded a team of lawyers led by real estate partner Răzvan Gheorghiu-Testa.

Romanian independent law firm Țuca Zbârcea & Asociații advised IKB in relation to the sale of 100% held in IKB LEASING FINANCE IFN S.A. and IKB LEASING S.A. to BNP Paribas Leasing Solutions. The team was led by Partner Irina Moinescu, specialising in Corporate and M&A.

Romanian independent law firm Țuca Zbârcea & Asociații was instructed to advise Peeraj Brands International on the sale of a 100% stake in Shoe Express S.A. to the Polish footwear retailer CCC. Shoe Express S.A. comprises all retail outlets operating under the CCC brand in Romania, based on a franchise agreement with CCC. Partner Dan Borbely is leading the firm’s team advising Peeraj Brands International, with Răzvan Mircea (Managing Associate), Raluca Chelaru (Senior Associate) and Ana Pârvu-Rățoi (Associate) also acting on the deal.