New Circular on Scientific Events
April 2025
Irene Kyriakides, Partner, Victoria Mertikopoulou, Partner, and Aithra Valentina Antoniadou, Associate
Kyriakides Georgopoulos Law Firm
On April 16th, 2025, the National Organization for Medicines (“EOF” as per its Greek acronym) issued and published on its website the highly anticipated new Circular on scientific events under prot. no. 45560/16.04.2025. The new Circular amends the relevant regulatory framework and provides for an exhaustive list of scientific events categories and restrictions. The most noteworthy provisions are summarised as follows.
Specific periods of…
KG Law Firm Advises Wheels Car Rental System on Strategic Investment by Halcyon Equity Partners
April 2025
Our member firm Kyriakides Georgopoulos Law Firm acted as legal advisor to Wheels Car Rental System and founders Vassilis Devletoglou and Vana Papadimitriou in connection with the strategic investment in Wheelsys by Halcyon Equity Partners AIFM.
The transaction was led by Elisabeth Eleftheriades, Partner of Project Development and Startups & Innovation, Angeliki Chalikia, Counsel, and Angelos Charalampidis, Associate, who provided dedicated legal support and guidance throughout the process.
KG Law Firm would also like to warmly thank Haclyon’s legal advisors Lambadarios…
Draft Law Implementing FDI Regulation (EU) 2019/452 in Greece – Forthcoming Implications on M&A Transactions and Greenfield Investments
April 2025
Anastasia Dritsa, Partner, Victoria Mertikopoulou, Partner, Konstantinos Sidiropoulos, Senior Associate, Ifigenie Argyri, Associate, and Maria Paziotopoulou, Junior Associate
Kyriakides Georgopoulos Law Firm
Introduction
On 2nd April, 2025, a public consultation was launched for the highly anticipated draft Law “Adoption of measures implementing Regulation (EU) 2019/452 establishing a framework for the screening of foreign direct investments into the Union on grounds of security or public order" (draft Law). The draft Law implements Regulation (EU) 2019/452 (“FDI Regulation”)…
KG Acted as Legal Counsel in the First Student Accommodation PPP Project in Greece
April 2025
The Project Finance team of our member firm Kyriakides Georgopoulos Law Firm acted as a legal advisor for European Investment Bank (EIB) and Piraeus Bank, as lenders, in connection with the structuring and financing of the University of Crete Student Accommodation Public-Private Partnership (PPP) project awarded to Aktor Group.
KG Law Firm supported the clients for a period of over 15 months in all phases of the transaction, including the legal due diligence of the project, negotiation and drafting of the project, and finance documentation and coordination of all parties to the…
Grid Connection Priority – Deciphering "Absolute Priority" in BESS Integration
March 2025
The Energy, Utilities & Infrastructure practice team of our member firm Kyriakides Georgopoulos Law Firm has recently published "Grid Connection Priority – Deciphering 'Absolute Priority' in BESS Integration".
You may access the publication here.
New Framework in Greece to Combat Falsified Medicines and Protect Public Health
March 2025
Irene Kyriakides, Partner, Victoria Mertikopoulou, Partner, Aithra Antoniadou, Associate, and Anastasia Iliopoulou, Associate
Kyriakides Georgopoulos Law Firm
Background
The rise of falsified medicines in the European Union presents a serious threat to public health. These counterfeit drugs may have incorrect packaging, labeling, or ingredients — or even falsified distribution records making their way into the market not just through illegal channels but also within the legal supply chain.
To enhance safeguards, the EU introduced Commission Delegated Regulation (EU) 2016/161…
KG Law Firm Advise Atlas Tapes S.A. in the Acquisition of PPM Industries Group
March 2025
Our member firm, Kyriakides Georgopoulos Law Firm, acted as Greek legal advisor to Atlas Tapes S.A., a leading manufacturer of packaging, paper and masking tapes, in the successful acquisition of the entire (100%) paid up share capital of PPM Industries Group, a global adhesive tape manufacturer, with production facilities in Italy, the UK, India and the USA.
KG Law Firm project team comprised of various internal teams led by Panagiotis Pothos, Tax Partner, and Apostolos Georgantas, M&A Partner, assisted by Ioanna Barmpa, Counsel, Marianna Katsifi, Senior Associate, Evangelos…
Council of State Ruling on Reclassification of Expropriated Properties for Public Utility to Buildable Areas
March 2025
Constantinos Kavadellas, Partner, Georgia Panagopoulou, Counsel, Myria Kotrotsiou, Junior Associate, and Katerina Renieri
Kyriakides Georgopoulos Law Firm
According to recent case law from the Council of State, a property can legally be reclassified as a buildable area after its designation as a public utility area is removed.
In Decision No. 276/2025, the Council of State ruled that lifting urban expropriation and reclassifying a property from an area designated for school construction to a buildable area is lawful.
The legal criteria supporting such a reclassification include:
The…
The European Commission Has Published the Omnibus Proposal. What Does That Mean for CSRD and CSDDD Compliance?
March 2025
Irene Kyriakides, Partner, Victoria Mertikopoulou, Partner, Vassiliki Vlontzou, Associate
Kyriakides Georgopoulos Law Firm
EU Corporate Sustainability Rules: A Shifting Landscape Amid Global Pressure
The regulatory landscape in the EU is evolving rapidly, with the Directive (EU) 2022/2464 on corporate Sustainability reporting (“CSRD”) and Directive (EU) 2024/1760 on corporate sustainability due diligence (“CSDDD”) at the center of intense debate. These landmark initiatives, aimed at enhancing corporate transparency and accountability, have sparked both excitement and opposition…
KG Law Firm Advises Piraeus Bank on the Merger of Intracom Properties S.A. with Evropi Holdings S.A.
February 2025
Our member firm, Kyriakides Georgopoulos Law Firm, advised Piraeus Bank, acting in the capacity of advisor, in the context of the merger through absorption of Intracom Properties S.A. by Evropi Holdings S.A. (former KLM S.A.), listed on ATHEX, which has been successfully completed in November 2024. KG Law Firm advised and supported the bank with regard to the performance of legal due diligence on the merged entities, the preparation of the indirect listing document for Intracom Properties S.A. and the preparation of the exemption document under Regulation (EU) 2017/1129 for the…
KG Law Firm Advised on Several Aviation Transactions
February 2025
The Aviation practice of our member firm Kyriakides Georgopoulos Law Firm has advised on several significant aviation transactions over the past few months.
Led by Claire Pavlou, Partner, alongside Amalia Pantazi, Senior Associate, and Electra Livani, Junior Associate, the firm acted as Greek legal counsel to major international aviation investors - ICBCIL, Aviation Capital Group, Castlelake, High Ridge Aviation - on the sale and lease novation of A321N and A320N Airbus aircraft, under lease to leading Greek airlines.
KG Law Firm remains committed to assisting clients in navigating…
Extension of Registration Deadlines for Obligated Entities Under Law 5160/2024 (Transposition of NIS2 Directive)
January 2025
Irene Kyriakides, Partner, Victoria Mertikopoulou, Partner, Soulia Natalia, Senior Associate, Terpsithea Papanikolaou, Junior Associate, and Anna Maria Kamara, Junior Associate
Kyriakides Georgopoulos Law Firm
Introduction
The Ministry of Digital Governance and the National Cybersecurity Authority (NCSA) announced on 27 January 2025 an extension of the deadlines for entities falling within the scope of Law 5160/2024 (transposing the NIS2 Directive) to submit basic company information to the NCSA in accordance with Articles 4 par. 3 and 19 par. 1 of the said Law.
Registration Deadlines
1.…
