This move is an important step for Tech-Con Industry, as it enables the company to expand its operations on the market.
Zamfirescu Racoti Vasile & Partners (ZRVP) provided legal assistance throughout the entire process by which Tech-Con Industry Romania leased approximately 2,500 sqm of warehouse and office premises in VLPark Bucharest West, a strategic location at the city’s western entrance. The team of lawyers who assisted Tech-Con Industry on real estate & commercial matters during the negotiation of the contractual set was formed of Marina-Crenguța Florea, partner and Lavinia Ludovic, senior associate.
“We are grateful for the opportunity to assist Tech-Con Industry during this significant milestone in their business in Romania. We highly value the productive collaboration with both the local and international teams. As always, we are pleased to leverage our expertise to enhance our clients’ contractual positions in such important transactions”, said Marina Crenguta Florea, partner of ZRVP.
ZRVP offered comprehensive legal assistance in accordance with Romanian law throughout the entire lease negotiation process. The focus was on reviewing the transaction documents and establishing a balanced contractual framework concerning the terms and conditions agreed upon by the parties, under which the company will operate and manufacture for at least the next five years.
The negotiations, which lasted over six months, had in the foreground mainly the securement of the legal framework for the specific fit-out envisaged by Tech-Con Industry and the establishment of the conditions to be fulfilled by both the landlord and the tenant to ensure an efficient and gainful collaboration for both parties.
“(…) The team at ZRVP went above and beyond to support us throughout the entire process. From the initial negotiations to the final signing, they were there every step of the way, providing invaluable advice and ensuring that our interests were protected. Their professionalism and dedication have been truly commendable”, commented Yoav Katznelson, CEO of Tech-Con Group.