KG Law Firm Supported Grimaldi Group on the Completion of the Heraklion Port Authority Privatisation
October 2024
Our Greek member firm, Kyriakides Georgopoulos Law Firm, supported Grimaldi Group on the successful completion of the privatisation project of Heraklion Port Authority. Upon the closing of the transaction, Symmetoches Limenos Irakliou S.A., a Grimaldi Group company, wholly owned by Grimaldi Euromed S.p.A. and Minoan Lines S.A., acquired a majority interest (67%) of Heraklion Port Authority S.A., the Heraklion port concessionaire until 2063, for the total consideration of EUR 80 million.
More information about the transaction can be found here.
BOYANOV & Co. Advised Nippon Express Holdings, Inc. on the Acquisition of Cargo-Partner
January 2024
On 4 January 2024, Nippon Express Holdings, Inc., the renowned Japan-based logistics company, completed the acquisition of Cargo-Partner subsidiaries in Central and Eastern Europe. This acquisition strengthens Nippon Express's global logistics network, which spans over 739 locations.
Cargo-Partner, headquartered in Austria, has a significant presence in Central and Eastern Europe and offers diverse logistics services, including air and ocean freight forwarding.
BOYANOV & Co. acted as Bulgarian legal counsel to Nippon Express together with the global legal counsel Freshfields…
Adriatic Hub New Logistic Centre
June 2023
The logistics company DPD Croatia, which operates as part of the global Geopost group, has started the construction of a new sorting and logistics center called the Adriatic Hub, which will process parcels for both Croatia and Slovenia. This is DPD's largest investment in infrastructure improvement in the new and largest distribution center so far, in the amount of EUR 23 million, while the value of the technological investment is EUR 10 million.
Tender for Supply of New Trains
June 2023
It is expected that in July 2023 Bulgarian Ministry of Transport and Communications will launch public procurements for the supply of new trains with an estimated total value of EUR 1.44 billion.
The scope of the procurement shall include purchase of 7 double-deck trains, 35 single-deck trains, 20 single-deck zero-emission electric trains type “push-pull” and 18 shunting locomotives.
Financing of Belgrade Metro Project - UPDATE
March 2023
Belgrade metro will consist of two lines that should be developed in two stages in the period 2020 – 2025. The total value of the project is approximately EUR 4.4 billion.
Government of Serbia intends to participate in the project, including its financing, and sovereign loans from France and China for this project and awarding it without a competitive public procurement are being put in place. French Alstom is supposed to develop machinery and trains for the line, whereas PowerChina is supposed to do the civil works. It seems that the government will not develop the project through…
New Low-Floor Trams
January 2023
The City of Zagreb launched a public procurement procedure with an estimated value of EUR 39.5 million excluding VAT for the purchase of 20 low-floor trams.
New Investment Round For Getir
December 2022
Getir, which reached the unicorn level of companies by receiving an investment of USD 300 million from Sequoia Capital and Tiger Global in March 2021, completed its fourth investment tour two months later and received a new investment of USD 555 million.
In the first six months of 2021, with a total investment of almost USD 1 billion, Getir’s equity increased nine times in five months. While the company continues its growth in Türkiye and Europe with this investment, Getir entered the American market at the end of 2021. Getir started to serve in Chicago, New York and Boston.…
Logistics Company DP World Invests USD 75 million in Two New Terminals
November 2022
DP World, one of the world’s largest port operators, is developing a RORO (Roll-On, Roll-Off) terminal and a project cargo terminal in the port of Constanta. The total value of the investment amounts to USD 75 million (own funds and European grants).
Spain: Amazon Road Transport Fined for Requesting Criminal Records From Job Candidates
February 2022
Author: Pablo Perez Laya
On 11 February 2022, the Spanish Data Protection Authority (Agencia Española de Protección de Datos) fined Amazon Road Transport Spain, S.L. (“Amazon RT“) EUR 2,000,000, for including criminal record certificates within the documentation that it requests during the hiring process of freelance truck drivers.
The following are the aspects of the decision which we have considered the most interesting:
Certificates showing “clean” criminal records (i.e. that no crimes have been committed) do amount to personal data relating to criminal convictions…
BOYANOV & Co. Advised Econt Financial Services in Obtaining E-money Institution Licence from the Bulgarian National Bank
On 10 June 2021, the Governing Council of the Bulgarian National Bank granted an e-money institution licence to Econt Financial Services EOOD.
NNDKP Acts as Romanian Local Counsel in connection with CTP’s Listing on Euronext
(NNDKP was part of an international team of lawyers that assisted CTP in connection with its Initial Public Offering (IPO) on the Euronext stock exchange in Amsterdam.
NNDKP Attorneys Obtain Landmark Decision on the Requirements Imposed on Tenderers in a Public Tender Procedure Regarding the Modernisation of a Romani...
NNDKP has successfully assisted and represented a private company in a dispute resolved by the Bucharest Court of Appeals, concerning the requirements imposed on tenderers in a public tender procedure organised for the modernisation of a Romanian railway line.
