Țuca Zbârcea & Asociații has launched the 2021 edition of the "Better Business in Romania", a user-friendly legislative guide covering 17 areas of law. "Better Business in Romania" compiles important pieces of information regarding the legislative climate applicable to investments in various areas of interest, starting from Corporate Law (aspects concerning the setting-up, management, acquisition, merger, and dissolution of a company), Real Estate, Creditor and Debtor Disputes, Employment, Public Contracts, Competition, Energy, Capital Market, Financial Institutions, Intellectual Property, Pharmaceuticals, Personal Data Protection, Environmental law, Product Liability and Consumer Contracts, Insolvency, Criminal Law and Taxation.

The Brazil-based BRF, one of the largest food companies in the world (also a listed company on the NY stock exchange and B3 stock exchange), concluded the sale of Banvit Foods Romania to Aaylex System Group S.A., further to a EUR 20.3 million transaction. Țuca Zbârcea & Asociații advised BRF (through Nutrinvestment BV and Banvit Bandirma Vitaminli Yem Sanayii AS) on all corporate and M&A issues pertaining to the deal.

Europe's most active and innovative law firms in banking and finance, capital markets and M&A were celebrated at IFLR's Annual Europe Awards held last night. No less than 26 national awards were announced during a virtual ceremony, with Țuca Zbârcea & Asociații winning the Law Firm of the Year in Romania award.

Flavours, the most representative player in the hospitality and food services industry, attracted Mozaik Investments fund as its shareholder. Țuca Zbârcea & Asociații advised the shareholders of Flavours on partnering up with the Mozaik Investments fund that will help fuel Flavour's future growth plans as part of an investment plan worth EUR 5 million. The legal team included Dragoș Apostol, Partner and Andreea Ungureanu, Associate.

Țuca Zbârcea & Asociații provided legal assistance to Coca-Cola HBC Romania in the transaction by which the leader of the local beverage industry acquired 50% of the share capital of Stockday, an online business-2-business platform developed by HEINEKEN Romania. The transaction was recently approved by the European Commission.