BDK Advokati Advised Dnata

BDK Advokati advised Dnata, a globally successful corporation based in the United Arab Emirates, on the acquisition of all shares in Serbian EAP Shared Services d.o.o. from Etihad Airport Services LLC. EAP Shared Services d.o.o. acts as a contact center of various airlines and brings their loyalty programs under one roof in Europe.The deal was closed on 31 January 2019, and both parties have agreed not to disclose the purchase price. The BDK team was led by Sasa Stojanovic (counsel), and also involved Pablo Perez Laya (consultant) and Sanja Dedovic (junior associate). Tijana Kojovic was the…

BDK Advokati Advises Lenders on the Financing of the Belgrade Airport Concession

On 21 December 2018, VINCI reached financial close and took over the management of Belgrade Airport Nikola Tesla, marking an important milestone for the project finance market in Serbia. With more than EUR 400 million of loan commitments, it is the country’s largest project financing to date. BDK Advokati acted as Serbian legal counsel to the lenders which included IFC, EBRD, Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and Societe de Promotion et de Participation pour la Cooperation Economique SA (Proparco), as well as six commercial banks. The project, with a total cost of close…

BOYANOV & Co. is Advising on the Biggest Deal in Bulgaria

BOYANOV & Co. currently works on the biggest deal in Bulgaria – the concession award procedure for Sofia Airport.

KALO & ASSOCIATES Advise on Incorporation of Air Albania

SEE Legal's Albanian member's team, led by partners Enkelejd Seitllari and Jola Gjuzi, advised Turkish Airlines on the negotiation and incorporation of Albania’s new flag carrier, Air Albania. Air Albania launched its first test flight on Friday and is expected to start commercial flights soon. Turkish Airlines holds 49% of Air Albania’s stakes, while the remaining stakes are being held by two other shareholders, respectively Albanian State represented by Albcontrol (10%) and MDN Investment SHPK (41%).

Montenegrin Airports under Concession

The Republic of Montenegro has decided to put state airports under concession and has recently launched public debate on the Concession Act. After the public debate, the state will invite interested parties to submit offers. The state-owned airports to be included in the concession for the period of 25-30 years are: Berane, Podgorica and Tivat. The estimated concession fee ranges between EUR 50-100 million. Certain French companies with experience in airport management have been mentioned as potential concessionaries of Montenegrin airports.