Press release
Bucharest, 31 January 2024
Mușat & Asociații advised Tecadra Hotels on the partnership with Accor Group, a world leader in hospitality, for the complete transformation and expansion of the Tecadra Hotel, located in the northern part of Bucharest. The legal assistance provided included aspects related to real estate and construction, as well as the negotiation and review of the contractual terms between Tecadra Hotels and Accor Group.
From September 2025, the hotel will reopen under the name Tecadra Bucharest Handwritten Collection, thus becoming the first hotel in Romania under the Handwritten Collection brand, a concept launched a year ago by Accor.
“We are glad to have an experienced legal team by our side to support us in this new phase Tecadra Hotels is entering. We have been working with Mușat & Asociații for many years on various projects and each time they have shown 100% commitment and professionalism”, said Tudor Cobalaș, representative of Tecadra Hotels.
“We thank our partners Tecadra Hotels for their trust over the years and for the very good collaboration in this project of affiliating Tecadra Hotel to the largest hospitality group in the world. Congratulations to all parties involved, we are confident that the new hotel will become a landmark in the northern part of the capital”, said Monia Dobrescu, Partner Mușat & Asociații.
The Mușat & Asociații team was coordinated by Monia Dobrescu, Partner. The legal team included experienced lawyers such as Mădălina Trifan – Counsel, Manuela Lupeanu – Counsel, Cristian Cepeși – Managing Associate and Julieta Sfeclă – Managing Associate.
About Mușat & Asociații
Mușat & Asociații stands for the highest level of expertise and commitment in assisting clients in their business for over 34 years. Mușat & Asociații provides consulting services in all business law areas, including Mergers & Acquisitions, Privatization, Real Estate, Banking, Energy & Natural Resources, Competition, Corporate, Telecommunications & IT, Labour, Tax, Capital Markets, Environmental Law, Litigation & Commercial Arbitration and Criminal Law.
Recognized as one of the pillars of Romania’s business law practice, Mușat & Asociații is constantly recommended by international specialized publications as a leading law firm in Romania. Besides, many of its attorneys have been nominated by such publications among the elite of business law in Romania.
