KALO & ASSOCIATES Assisted YURA Corporation

LO & ASSOCIATES team, led by partner Jola Gjuzi, assisted the South Korean global supplier, YURA Corporation. YURA Corporation was granted the status "strategic investor" by the Albanian Government following a thorough examination of the project by AIDA. Yura will be producing electric, electronic and ignition components for the automotive industry and will employ a great number of Albanian citizens.

The Joint Venture and the Insolvency of the Leader

In this article, NNDKP Partner Radu Damaschin discusses the concepts of joint venture and insolvency under Romanian Law.

The New Medical Devices Act in Serbia

BDK Attorney at Law Bisera Andrijasevic provides an overview of the implication of the new Medical Devices Act in Serbia. The new Medical Devices Act, which had entered into force already on 1 December 2017, became applicable on 1 December 2018. The adoption of this legislation marks the beginning of distinct legal treatment of medical devices, separate from the treatment of medicinal products which remain regulated by the old Medicines and Medical Devices Act.

BDK Advokati Advises Coca Cola HBC on the Acquisition of Serbian Confectionary Firm Bambi

Coca Cola HBC AG has penned an agreement with Mid Europa Partners to acquire Bambi a.d. for an enterprise value of EUR 260 million. By this acquisition, Coca Cola HBC will add to its beverage portfolio snack brands well-known in the Balkan region, such as Bambi, Plazma, Wellness and Zlatni Pek. The deal is expected to close in the second quarter of 2019 upon issuance of relevant merger clearances.

Promotions at BOYANOV & Co.

BOYANOV & Co. announced the following promotions as of 1 February 2019: Radoslav Alexandrov is promoted to Partner and Head of Employment Practice Group; Nikolay Kolev ­­- to Counsel within the Corporate and M&A Practice Group; Stela Sabeva - to Principal Associate and Head of the Intellectual Property Department; Rossiza Marinova and Marina Mollova - to Senior Intellectual Property Associates.

The Academy of American and International Law - an Extraordinary 5-week Educational Program in the U.S.

The Academy of American and International Law is particularly valuable for lawyers outside the U.S. who work for multi-national corporations or for law firms that represent either U.S. clients or multi-national clients with U.S. interests. BOYANOV & Co. supports the Academy and since 1990 regularly sends participants. Mr. Borislav Boyanov, Managing Partner at BOYANOV & Co., has been the first Bulgarian participant at the Academy and since its attendance in 1990 is a Member of the Advisory Board of the Academy of American and International Law (formerly, the Southwestern Legal Foundation).

Bulgarian List of Processing Operations Requiring Data Protection Impact Assessment

The Bulgarian Commission on Personal Data Protection adopted a list of processing operations for which it would be mandatory for controllers to conduct data protection impact assessments. The controllers whose main or only place of establishment is on the territory of the Republic of Bulgaria will be required to conduct a data protection impact assessment in all cases when a specific processing is likely to result in a high risk to the rights and freedoms of the individuals.

The SEE Legal Member Firms Top-ranked Individually and as a Group by Chambers Global 2019

All 10 SEE Legal member firms keep their high rankings in the 2019 edition of Chambers Global. As a Group, SEE Legal continues to be top-ranked as a Leading Regional Law Firm Network in Central & Eastern Europe by Chambers Global 2019. For the past 16 years, SEE Legal has continued to develop into a highly-integrated regional legal service provider dominating the region of Southeast Europe. A client noted that the Group is "one of the biggest and longest-standing networks in the region," while Chambers Global concluded that SEE Legal operates as a standalone provider to businesses seeking comprehensive coverage of Eastern Europe.

New Era in Assignment of Building Inspection Institutions: Electronic Appointment

The amendments made to the Law No. 4708 on Building Inspection and the Regulation on Implementation of Building Inspection to eliminate building inspection weaknesses caused by the close commercial ties between building inspection institutions and building contractors, entered into force on 1 January 2019. The amendments introduce transparent assignment of the building inspection institutions through electronic system.

SEE Legal Members Worked on Five Deals Shortlisted for the 2018 CEE Legal Matters Deal of the Year Awards

CEE Legal Matters announced the finalists for the CEE 2018 Deal of the Year in 17 CEE countries. The following SEE Legal members have participated in one or more of the five of the shortlisted deals: KALO & ASSOCIATES, BOYANOV & Co., Divjak, Topic & Bahtijarevic, Polenak Law Firm, BDK Advokati and Selih & Partners.

The IP Practices of Four SEE Legal Member Firms Recommended in Managing Intellectual Property IP STARS 2019 Edition

The Intellectual Property practices of BOYANOV & Co. (Bulgaria) and Nestor Nestor Diculescu Kingston Petersen (Romania) continue to be ranked in Tier 1/ Highly Recommended in both Trade Mark and Patent categories in Managing Intellectual Property IP STARS. Divjak, Topic & Bahtijarevic (Croatia) and Selih & Partners (Slovenia) have also been recommended for their outstanding work in the area of Intellectual Property for 2018.

NNDKP at Outlook 2019: Europe & CEE

On 21 February 2019, NNDKP will be at the Outlook 2019: Europe & CEE, a real estate conference organised in Bucharest by Reed MIDEM in association with MIPIM, the creator of the world’s leading real estate event, and Investment Briefings, a media company focused on real estate investment and market trends. NNDKP is the hosting partner of the event. The conference will focus on the investment opportunities in 2019 in Central and Eastern Europe in terms of real estate.  A NNDKP Partner, Lavinia Ionita Rasmussen will be a speaker at the event.