Țuca Zbârcea & Asociații advised ING Continental Europe Holding BV on the Romanian Competition Council’s investigation into the private pension fund market which began in 2007. By order of the Competition Council’s President, the investigation into potentially anticompetitive behavior by six undertakings active on the market of privately managed mandatory pension funds (Pillar II) in Romania was ended. The suspicion that the investigated parties` had engaged in concerted practices through lobbying activities was rejected by the Competition Council’s investigation team after a lengthy review of the supporting documents and arguments brought by the parties.

Țuca Zbârcea & Asociații Tax S.R.L., the tax advisory services division affiliated to Țuca Zbârcea & Asociații law firm is organising an interactive workshop providing an integrated practical approach on tax inspections and tax disputes. The event takes place on Tuesday, June 12, at the Howard Johnson Hotel, Arizona Conference Room in Bucharest. As tax controls grow more and more frequent and the authorities more aggressive, a proper and up-to-date knowledge of the most investigated areas, procedural rights and applicable legal remedies are of the essence. To prevent damaging measures and/or, as the case may be, to successfully apply specific legal remedies has become equally crucial.

Țuca Zbârcea & Asociații is proud to support the 2012 World Press Photo Exhibition which returns to Romania after a 17-year hiatus thanks to EIDOS Cultural Foundation. The annual World Press Photo Exhibition is the best known of World Press Photo's activities. The exhibition showcases creativity in photojournalism and is a platform for developments in the profession, as part of World Press Photo's aim of encouraging and stimulating the work of press photographers around the world.

Țuca Zbârcea & Asociații teamed up with Artmark, the country’s leading auction house, which hosted the inaugural series of art management courses, taking place between April 20th and April 22nd, 2012. Two further modules will also take place in June 2012 and September 2012. Anticipating a growing momentum around art, Țuca Zbârcea & Asociații made an inspired choice in partnering Artmark to run the first art management courses in Romania, which attracted important names in the art world from academia, museums and trade.

Țuca Zbârcea & Asociații Tax has hired Ion Capdefier as an Of Counsel for the firm’s tax division. He joins a line-up of tax consultants to enhance and further develop the tax advisory practice of Țuca Zbârcea & Asociații Tax. Ion Capdefier brings to the role more than 35 years of professional expertise in Economic Sciences, including over 20 years working for the Romanian public finance and tax administration authorities. In particular, he is well known for his time as a General Director at the Ministry of Public Finance and the National Agency for Fiscal Administration (ANAF), where he built a consistent track record of success in the settlement of challenges and other tax administrative claims. He was also involved in the regulation of the profession of tax consultant and fostered the professional development of the first generation of tax consultants in Romania.