Florentin Țuca, Managing Partner, Dan Borbely, Partner and Head of firm's real estate practice and Răzvan Gheorghiu-Testa, Partner will attend MIPIM 2007 to take place in Cannes from March 13th to March 16th.

Following the recent accession to the European Union, we consider of the utmost importance to provide our clients and interested parties with practical highlights on some of the most important EU regulations applicable to Romanian companies.

Țuca Zbârcea & Asociații, the law firm, has reported a substantial increase in turnover to 8.7m Euros for 2006, tripling their earnings for 2005. According to Gabriel Zbârcea, Managing Partner with Țuca Zbârcea & Asociații, "the firm sent invoices amounting to 8.7m Euros for legal services carried out in 2006, of which 7.4m Euros have, so far, been collected. Receivables amounting to the value of 1.3m Euros have been invoiced for legal work we completed during the last months of 2006 and will be collected this year."

Legal Week's latest report on Independent Law Firms in Europe recognized Țuca Zbârcea & Asociații's "rapid growth" and quotes Ștefan Damian, Deputy Managing Partner, on the current legal market trends and developments.

Consistent with our goal to provide high quality information, we have recently published Better Business in Romania, a comprehensive guide intended to help investors and business operators to become familiar with the complex maze of laws and regulations. Better Business in Romania is meant to assist companies seeking to gain a foothold in the Romanian market.