CLIENT ALERT (Turkey): Turkish Cyber Security Law Has Entered into Force
March 2025
The Capital Markets team of our member firm Kolcuoglu Demirkan Kocakli has recently issued a client alert “Capital Markets Board's New Principle Decision on Share Buybacks”.
You may read the firm’s new client alert here.
BOYANOV & Co. advised NewMed Energy Balkan on the Acquisition of Interest in a Black Sea Gas Exploration License from OMV Offshore Bulgaria
March 2025
Our member firm BOYANOV & Co. advised NewMed Energy Balkan, a subsidiary of the Israeli company NewMed Energy, on the acquisition from OMV Offshore Bulgaria, a subsidiary of OMV Petrom, of a 50% interest in the oil and gas exploration permit for the 1-21 Khan Asparuh Block, located in the exclusive economic zone of Bulgaria in the deep Black Sea.
The transaction was completed on 12 March 2025 by the Ministry of Energy of Bulgaria singing the relevant agreement with the two parties after approval of the Bulgarian Council of Ministers.
NewMed Energy is Israel’s leading energy…
Selih & Partnerji's Expertise Facilitates Plastiflex Group Acquisition of TIK d.o.o.
March 2025
Our member firm Selih & partnerji has recently announced the successful completion of a significant cross-border M&A transaction: the acquisition of TIK, a prominent Slovenian medical device producer, by the firm's client, Plastiflex, a globally recognised leader in the development and production of advanced tubing systems for medical and industrial applications.
Selih's team assisted Plastiflex under the leadership of Jera Majzelj, Partner, with collaborative support and dedicated efforts of the following team members - Senior Associates Miha Hocevar, Lidija Zupancic, Gregor…
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…
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…
BOYANOV & Co. Facilitates Successful Acquisition of United Health Insurance Fund Doverie by Generali CEE
February 2025
Our member firm BOYANOV & Co. has announced the successful closing of the acquisition of United Health Insurance Fund Doverie by Generali CEE Holding, which took place on 11 February 2025.
Generali’s acquisition of Doverie is expected to bring substantial benefits to policyholders, including enhanced service offerings and broader access to healthcare services. This move aligns with Generali’s long-term strategy to strengthen its market position and deliver exceptional customer value. As a result of this strategic acquisition, Generali has become the second-largest player…
The “Right of Free Movement” in the Light of EU Cross-border Transformation
January 2025
Hristian Gueorguiev, Senior Associate
BOYANOV & Co.
The Bulgarian Parliament has recently adopted an Act to amend and supplement the Bulgarian Commercial Act¹ implementing the requirements of Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions.
I. INTRODUCTION OF CROSS-BORDER DIVISIONS
1. General requirements
Prior to the adoption of the amendments, the Commercial Act provided for a possibility only for cross-border mergers under…
KDK Advised Arkel and Its Shareholders on the Sale to Innovalift AB
January 2025
Our member firms Kolcuoglu Demirkan Kocakli advised Arkel, a leading manufacturer of elevator control systems and components, and its shareholders, including Mediterra Capital, one of Turkey’s prominent private equity firms, on the successful sale of Arkel to Innovalift AB, a wholly owned subsidiary of Investment AB Latour.
Technology M&A Guide 2025 - Bulgaria
January 2025
Our member firm BOYANOV & Co. has authored the chapter for Bulgaria in the newly published "Technology M&A 2025" guide by the leading global legal directory Chambers and Partners.
This comprehensive resource is designed for both businesses and legal professionals seeking insights into the evolving landscape of technology mergers and acquisitions.
You may access the chapter for Bulgaria here.
Adoption of Law 5164/2024 Transposing the CSRD into Greek Law
December 2024
Irene Kyriakides, Partner, Victoria Mertikopoulou, Partner, and Vassiliki Vlontzou, Associate
Kyriakides Georgopoulos Law Firm
On 12.12.2024, the Directive (EU) 2022/2464 as regards corporate sustainability reporting ("CSRD") has been transposed into Greek law with Law 5164/2024 (Government Gazette A 202/12.12.2024) ["Law 5164/2024"].
Covered Entities
Entities covered are:
All large companies as well as SMEs, except micro-undertakings, which are public interest companies;
Companies, which are parent companies of large groups;
Non-EU companies with a turnover of more…
Amendment to the Companies Act (ZGD-1M)
December 2024
Kaja Franko, Legal Intern
Selih & partnerji
The National Assembly of the Republic of Slovenia adopted an amendment to the Companies Act, ZGD-1M (Official Gazette of the Republic of Slovenia, no. 102/2024), which entered into force on 18 December 2024. The amendment introduces new provisions into the Slovenian legal order, in particular in the areas of reporting, transparency and gender balance, and transposes the following four European directives:
Country-by-Country Public Reporting Directive,
Corporate Sustainability Reporting Directive,
Directive on Gender Balance…
