Following the transaction announced on September 1, 2016, Direct One S.A. will take control of Netcity Group SA. the concessionaire of underground fiber optic network in Bucharest, following the agreement signed with UTI and UTI Investment BV
Direct One is the operator of a national network of over 5,500 kilometers of optical fiber. Tuca Zbârcea & Asociaţii was the law firm that assisted the buyer, namely Direct One S.A with a team coordinated by Catalin Baiculescu, Partner and Vlad Cercel, Partner in the firm.
The buyer was assisted in this transaction by law firm Leaua si Asociatii.