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BizLawyer
A strong signal for Romanian industry: Umbrărescu family, with the support of Bulboacă & Asociații, takes over the ownership of Totalgaz Industrie – a strategic leader in natural gas equipment
29 Mai 2025 BizLawyer
This transaction symbolizes more than just an acquisition – it is a firm statement about the ability of Romanian entrepreneurship to rescue, support, and transform national industrial giants.
March marked a defining moment for the Romanian economic landscape, with the Umbrărescu family entering the ownership of Totalgaz Industrie – a key player in the production of natural gas equipment, currently undergoing a major judicial reorganization process. This strategic move confirms a vital direction for the future of local industry: regaining control over critical production infrastructure through Romanian capital.
The operation was initiated by Alexandru-Teodor Umbrărescu and carried out in collaboration with the team from Bulboacă & Asociații, who designed and implemented a highly complex legal strategy. This enabled the revitalization of a company essential to the country's production infrastructure and transformed it into a valuable asset in the Umbrărescu family’s business portfolio.
This transaction symbolizes more than just an acquisition – it is a firm statement about the ability of Romanian entrepreneurship to rescue, support, and transform national industrial giants. It is also proof that local investors can become major players in reducing reliance on foreign capital, in an economic climate where funding sources are becoming increasingly expensive.
Through this experience, Bulboacă & Asociații highlights a growing trend: the consolidation of Romanian businesses with an investment profile that successfully gives new momentum to the national economy. In the absence of systemic solutions, such initiatives can become pillars in the strategy for relaunching Romanian industry, by taking over struggling companies and by investing in development that other players cannot afford.
The operation was initiated by Alexandru-Teodor Umbrărescu and carried out in collaboration with the team from Bulboacă & Asociații, who designed and implemented a highly complex legal strategy. This enabled the revitalization of a company essential to the country's production infrastructure and transformed it into a valuable asset in the Umbrărescu family’s business portfolio.
This transaction symbolizes more than just an acquisition – it is a firm statement about the ability of Romanian entrepreneurship to rescue, support, and transform national industrial giants. It is also proof that local investors can become major players in reducing reliance on foreign capital, in an economic climate where funding sources are becoming increasingly expensive.
Through this experience, Bulboacă & Asociații highlights a growing trend: the consolidation of Romanian businesses with an investment profile that successfully gives new momentum to the national economy. In the absence of systemic solutions, such initiatives can become pillars in the strategy for relaunching Romanian industry, by taking over struggling companies and by investing in development that other players cannot afford.