Established in 2005, Ţuca Zbârcea & Asociaţii is one of the largest firms in Romania. Its main office is in Burcharest, which employs 120 lawyers, 29 of whom are partners. The firm has an association with Şomlea & Asociaţii – giving it an additional Romanian office in Cluj-Napoca – and a collaboration agreement with Andersen Global.
Focusses / specialisms
The banking team has a dominant buy-side market share in the NPL market where it acts on large regional transactions. In the financing space the firm acts for domestic and international lenders in the financing of corporations, acquisitions and projects across various sectors.
In capital markets work the firm has a strong regulatory expertise, advising its clients on compliance matters. The team also advises multinational companies on the establishment of stock options programmes.
The firm's M&A practice covers both public and private transactions across wide range of sectors. It also works alongside large international law firms on global transactions.
In the projects space the firm is active across various sectors advising domestic and foreign investors on a range of contract award procedures.
Key clients
Among its clients are Bain Capital, Alpha Bank, Banca Comerciala Romana, Banca Transilvania, Erste Group Bank, OTP Bank, Raiffeisen Bank, Unicredit Bank, OTP Bank Romania, KBC Bank, Banca Comerciala Romana, Black Sea Trade and Development Bank.
Research period review:
33rd edition (2023/2024)
During the research cycle the firm was active in banking and finance, corporate and M&A, and project development.
In banking and finance the firm advised mainly lenders but also represented a few borrowers and agents, all from the banking and financial services sectors, on various financing.
In M&A the firm’s work focused on working mainly for acquirers linked to the consumer goods and services sector on a range of domestic and cross-border transactions.
In project development the firm advised mainly developers and concessionaires on projects in various sectors, but especially energy sector related work.
Deal highlights: 33rd edition
(2023/2024)
APS Capital Group €147 million acquisition of Bank of Cyprus NPL portfolio
MedLife €228 million financing
Pehart Group €78 million financing
Smithfield Foods Group acquisition of Goodies Meat Production
Client Feedback: 33rd edition (2023/2024)
M&A
“Professionalism. Covering many legal areas in the office. Business-orientated.”
“Extensive experience in all areas relevant for the project (M&A, retail, real estate, competition, etc) and valuable assistance tailored to the business' needs.”
The quality of services is good for the fees.
Project development
"Very professional and skilled."
Cătălin Băiculescu
“Understands our business. Professional. Targeting problem-solving and to obtain the desired results.”
Razvan Gheorghiu-Testa
“Razvan is highly efficient in coordinating its team towards the final goal. Having a pro-solution mindset and being able to easily identify what's important for each party, Razvan is able to bring valuable input in every negotiation or deal structuring.”
Serban Paslaru
“Availability at any time.”
Robert Rosu
“Positive approach and availability to meet needs.”
Oana Ureche
“Very knowledgeable, good understanding of the business and solution orientated.”
