Țuca Zbârcea & Asociații advised the banking syndicate consisting of Banca Comercială Română, as coordinator and lender, Raiffeisen Bank, BRD Groupe Societe Generale, Banca Transilvania, ING Bank N.V. Amsterdam Sucursala București and Erste Group Bank AG, as lenders, in making available an additional EUR 50.7 million credit facility to MedLife Group. The new funds are part of a EUR 228 million syndicated loan and will be dedicated to strengthening and streamlining the Group's business. The team was led by Mihai Dudoiu (Partner) provided legal assistance to the financing banks throughout the entire project. Sergiu Negreanu (Managing Associate) and Sorina Ștefoni (Associate) also worked on the matter.

GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, signed a definitive agreement to acquire the group of companies Fortech SRL and Fortech Software Solutions SRL, one of the largest IT service providers in Romania. Țuca Zbârcea & Asociații fielded a team of lawyers acting on the buyer's side and covering the full scope of services including M&A, corporate/commercial, competition, IT/IP, employment, and data privacy. Dragoș Apostol (Partner) led the team, backed by Veronica Aman (Managing Associate), with other lawyers including Raluca Vasilache (Partner), Mihai Anghel (Partner), Ciprian Timofte (Partner), and Dana Blaer (Managing Associate) advising during the due-diligence phase and on various regulatory matters.

Țuca Zbârcea & Asociații was named as the Law Firm of the Year: South Eastern Europe at The Lawyer European Awards last night. This is the fifth prize that the British publication The Lawyer hands out to the Romanian independent law firm.

The American company Smithfield took over a Romania-based meat processed company owned by two local entrepreneurs. The acquisition was carried out through Smithfield Europa's Romanian subsidiary ELIT SRL. The firm advised the buyer with a team of lawyers led by Partner Silvana Ivan, covering the full scope of services as regards M&A (due diligence, drafting and negotiating the transaction documents etc) and Partner Andreea Oprișan as regards competition/antitrust issues, including the relevant notifications to the relevant Romanian authorities.

Țuca Zbârcea & Asociații Tax will host yet another Tax Hot Spots 2022 seminar focused on the main fiscal topics of the moment. Highly-experienced speakers will closely analyse the tax inspections which have been carried out lately, and will discuss about the most suitable approach from the perspective of a taxpayer in relation thereto, while also pointing out to the topics or areas of activity of interest for the tax authorities in the next period, and the most important tax procedure aspects that taxpayers need to consider during a tax audit.