Damla Aygun Yararca has become the Senior Director, Legal, Ethics, Compliance & Quality at Novo Nordisk Turkiye.

According to the Bulgarian–Turkish Chamber of Commerce and Industry (BULTİŞAD), as of August 2023, Turkish investments in Bulgaria have reached approximately €2.5 billion, generating over 15,000 jobs through more than 70 production facilities and 2,500 active companies[1].

CCAO has advised Ates Wind Power and its shareholders on the sale of a stake in the company to the Turkiye Green Fund. Ozbek advised the Turkiye Green Fund.

Pekin Bayar Mizrahi has advised Koc Holding subsidiary Tek-Art on its acquisition of the usage rights for the Gocek Village Port Marina and Gocek Exclusive Port Marina from entities affiliated with Yildiz Holding.

Lexist, working with Twenty Essex Chambers and Sovereign Arbitration Advisors, has successfully represented the Republic of Turkiye in an ICSID case brought by Enel over the cancellation of its pre-license for a solar power plant project in the Isparta province by Turkiye’s Energy Market Regulatory Authority.

Dentons' Turkish affiliate of Balcioglu Selcuk Eymirlioglu Ardiyok Keki Attorney Partnership has advised AKA European Export Trade Bank on a EUR 76.7 million financing facility provided to Ecogreen Enerji Holding.

Clifford Chance has advised the joint bookrunners Citi and ICBC Standard Bank on Turkiye Halk Bankasi’s issuance of USD 700 million Reg S 9.300% perpetual fixed rate resettable Additional tier 1 notes.

Karacam & Sir and Donmez Law have advised Remus Enerji on its latest investment round, which values the company at USD 6 million.

Turkiye is seeing a surge in regulatory enforcement, particularly in the areas of antitrust and environmental compliance, according to KST Law Partner Sinan Diniz. From high-profile investigations into global tech giants to the adoption of a new Climate Law, regulators are keeping up with both local and global trends. 

Dentons and its Turkish affiliate Balcioglu Selcuk Eymirlioglu Ardiyok Keki Attorney Partnership have advised a syndicate of lenders, including Mizuho Bank, Mashreqbank, Sumitomo Mitsui Banking Corporation, and HSBC Bank Middle East Limited, among others, on the renewal of QNB Bank’s USD 600 million sustainability multi-tranche term loan facility.

Baker McKenzie’s Turkish affiliate Esin Attorney Partnership has advised Lonca and its founders on an investment from Tibas and Sankonline through subscription as a continuation of the investment round led by E2VC.

Tunca Attorney Partnership has advised Milvus Robotics on two consecutive investment rounds totalling USD 5.5 million. BBO Legal advised investors Istanbul Portfoy Yonetimi TT Ventures Girisim Sermayesi Yatirim Fonu.

Dentons and its Turkish affiliate Balcioglu Selcuk Eymirlioglu Ardiyok Keki Attorney Partnership have advised a syndicate of lenders, including Emirates NBD Bank, HSBC Bank, Mashreqbank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation, among others, on the renewal of Yapi ve Kredi Bankasi's dual currency sustainability term loan facilities totaling USD 703.5 million and EUR 407.4 million.

Lexist has advised Efor Holding subsidiary YMN Icecek Gida on the acquisition of Of Caysan Tarim Urunleri Entegre Tesisleri Sanayi ve Ticaret from Jacobs Turkiye and has also advised both YMN and OfCay as borrowers on the acquisition financing provided by Turkiye Is Bankasi. Allen Overy Shearman Sterling’s Turkish affiliate Gedik & Eraksoy advised Jacobs Turkiye. Ergun advised Is Bankasi.

Dentons’ Turkish affiliate law firm Balcioglu Selcuk Eymirlioglu Ardiyok Keki has advised Revo Capital on its USD 3.5 million investment in Virgosol. Karacam & Sir advised Virgosol.

Tunca Attorney Partnership has advised Forte on its acquisition of Milsoft from SSTEK Defence Industry Technologies.

Aydemir has advised Tosyali on the purchase of GE Vernova products and the procurement of related services for the solar power plant in Osmaniye, Turkiye.

Erdem & Erdem has advised Corex Ports and Terminals Dilovasi Liman Isletmeleri, a subsidiary of Corex Holding, on the acquisition of Polisan Holding.