CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Avellum has advised the Ministry of Finance of Ukraine on a EUR 37.6 million export loan provided under the framework agreement between the Governments of Ukraine and France with the funds being directed towards purchasing rails for Ukrainian Railways from French manufacturer Saarstahl-Rail.
Gessel has advised the partners and founders of the Profit4You Group on the sale of the company to the TEP Capital fund. Noerr advised the TEP Capital private equity fund.
Cobalt has advised Latvian national carrier AirBaltic on its agreement with UPB Nams for the construction of the Baltic Cargo Hub at the Riga Airport, as well as on the related agreements with Riga Airport and design and construction agreements.
Zepos & Yannopoulos, working with Milbank, advised the joint global coordinators, managers, and underwriters on Athens International Airport's IPO on the regulated market of the Athens Exchange. PotamitisVekris, working with Latham & Watkins, advised AIA. White & Case, Your Legal Partners, and Dracopoulos & Vassalakis advised the Hellenic Republic Asset Development Fund on selling its 30% stake in AIA. Koutalidis advised AviAlliance on the acquisition of a controlling stake of just over 50% in the Athens International Airport.
Jasinski has advised the Nauta Shiprepair Yard on its acquisition of a dry dock from Poland's Industrial Development Agency.
Cobalt has advised the ERB Rail JV consortium – formed by France's Eiffage Genie Civil, Poland's Budimex, and Italy's Rizzani de Eccher – on the public procurement process and the EUR 3.7 billion contract for the construction of the Rail Baltica mainline in Latvia with SIA Eiropas Dzelzcela Linijas.
On January 4, 2024, Boyanov & Co announced that the EUR 1.4 billion sale of Cargo-Partner subsidiaries to Nippon Express (reported by CEE Legal Matters on May 17, 2023) had closed.
