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Tuca Zbarcea & Asociatii

Changing the rules 2009

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Rankings at a glance
Award levelCommended
InnovationCreating Romania's first memorandum of understanding to facilitate the country's largest foreign direct investment
Originality7
Rationale5
Impact5
Total17
DescriptionThe firm acted for Austrian voestalpine AG on the complex project financing of an integrated iron and steel mill in the Black Sea. The project has made the government aware of the need for legislative change in the future, but the impact has been limited due to the credit crisis