The National Company of Motorways and National Roads signed today the consultancy services contract (technical assistance, financial and legal) regarding the concession project for the Bucharest Ringroad with the winning consortium consisting of Țuca Zbârcea & Asociații and other 2 companies.

The lawyers of Țuca Zbârcea & Asociații firm have obtained, for the benefit of the Romanian President Traian Băsescu, the annulment of the decision of the lower court, which had rejected as unfounded the challenge of the Head of the State regarding the warning of the National Council for the Fight Against Discrimination, in the case of the offense addressed to a television reporter.

Țuca Zbârcea & Asociații has teamed up with Eversheds for the international project finance aspects of the EUR 1.5bn Ploiesti-Brasov road project, as first reported by The Lawyer magazine on May 12. "This is one of the most complex projects we are handling at the moment and definitely one of the most challenging. Eversheds has an impressive track-record and expertise in all aspects of PPP / PFI and we are honored to team up with them on one of Romania's most important toll road projects", said Andreea Ionescu, Partner with Țuca Zbârcea & Asociații and coordinator of the legal team retained by the Romanian CNADNR (National Company of Motorways and National Roads).

Țuca Zbârcea & Asociații announces the completion of the transaction for the sale of 100% of Romanian insurer Asiban S.A., one of the top Romanian life and non-life insurance companies. BRD – Société Générale, Banca Comercială Română (BCR), Banca Transilvania (Romania’s 4th largest bank in terms of total assets) and Casa de Economii și Consemnațiuni – CEC (the Romanian savings bank) have signed the agreements for the acquisition by Groupama International of the entire share capital in Asiban.

Țuca Zbârcea & Asociații tops the M&A league tables for 2007, as evidenced by Ziarul Financiar, Romania's leading business and financial newspaper. The firm ranked 1st and was recognized as the most active transactional law firm in the market. The Top Deals Yearbook's results showed that we have acted on the biggest number of announced and completed M&As for an aggregate deal value worth approximately EUR 1 billion.