Achievements

Albania

• advised in major foreign investment projects such as
  • the acquisition of the biggest national brewery by Athenian Brewery, a subsidiary of Heineken,
  • the acquisition of the biggest cement factory by Lafarge-Heracles General Cement Co.,
  • the privatization of the Savings Bank of Albania, the biggest second-tier bank,
  • the concession for Vjosa River for the building of a hydro power station.
    

Bulgaria

• advised international bidders on
  • Bulgarian regulatory and contractual issues in connection with their acquisition of interest in the two major Bulgarian energy sector investment projects,
  • the building of a new thermo-power plant Maritsa East I and the rehabilitation of the existing thermo-power plant Maritsa East III.
    
• advised
  • international investors in acquiring equity interests in the Sheraton and Radison hotels in Sofia,
  • on the merger between beer manufacturing companies Kamenitza AD and Plevensko Pivo AD,
  • on the public offering of the Pioneer Unit Funds in Bulgaria through Bulbank,
  • Navan Mining PLC on the restructuring of Navan Group's debt to Deutsche Bank Group,
  • potential buyers in connection with the privatization of the Bulgarian tobacco giant Bulgartabac AD,
    
• advised EBRD in connection with the privatisation of the Bulgarian Telecommunications Company in the private acquisition of Mobiltel.
  

R. Macedonia

• advised in the largest foreign investment in Macedonia – the acquisition of a majority stake in Macedonian Telecom,
• advised the EBRD in the privatization of two banks
• advised Duferco SA from Switzerland in the acquisition of a majority stake in the steel mill in Skopje – Makstil AD Skopje,
• advised FHL Kiriakidis Marbles SA from Greece in the acquisition of Mermeren Kombinat AD Prilep,
• advised the Seller in the sale of a majority stake in Kreditna Banka AD Skopje to Alpha Credit Bank AG from Greece.
  

Romania

• local counsel to
  • RadiciNylon S.p.A., a member of the Radici Group of Italy in the acquisition of Fibrex S.A., a publicly traded company and the leading Romanian manufacturer of synthetic fibers,
  • Kraft International Foods in the acquisition of a Romanian confectionery,
  • Lafarge S. A., leading cement manufacturer, in the USD 200 million acquisition of Romania’s premier cement company,
  • Romanian Ministry of Communications, as part of the Goldman Sachs international consortium, in the restructuring and privatization of RomTelecom R. A.,
  • Strabag AG in connection with the development of a motorway project between Bucharest and Ploiesti,
  • consortium formed by Ashtrom International and Roichman Bros (Shormron) Infrastructures to assist in connection with the implementation of the motorway project between Predeal and Brasov,
  • Romanian State Ownership Fund in the privatization of BancPost S. A.,
  • Procter & Gamble in the acquisition of a Romanian detergent manufacturing company.
    

Serbia & Montenegro

• advised
  • Philip Morris International S.A. in the USD 500 million privatization of the Nis Tobacco Factory - the largest investment in Serbia,
  • Lukoil Europe Holdings BV in the privatization of Beopetrol, a large petroleum production and distribution company,
  • Raiffeisen Investments and the Privatisation Agency of the Republic of Serbia on the privatisation of six construction companies,
  • EPIC Financial Advisors and the Privatisation Agency of the Republic of Serbia in the privatisation of two drinks companies.
    
• legal advisor to
  • Carlsberg Breweries BV in its successful acquisition of the majority of the shares of the Calarevo Brewery,
  • Raiffeisen Investments and the Privatisation Agency of Republika Srpska in the privatisation of a metal processing holding company with 8 subsidiaries - the first tender privatization of its type,
  • Imerys SA in the potential acquisition of a mining and construction materials company,
  • Holcim S.A, a Swiss company, in the privatization of the Novi Popovac cement factory- the first privatization under the Privatization Law enacted in June 2001.
  • Danone S.A. on regulatory issues in the privatization of a major drinks company,
  • CET Financial Advisors and the Privatisation Agency of the Republic of Serbia in the privatisation of a pool of five companies engaged in the production of automotive parts.
  • EPIC Financial Advisors and the Privatisation Agency of the Republic of Serbia in the restructuring and privatization of a large paper and pulp company,
  • Price Waterhouse Coopers Financial Advisors and the Privatisation Agency of the Republic of Serbia in the privatisation of a pool of five companies engaged in sugar production.