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CMS Advises Alpla on Joint Venture with Ecohelp and UPT

CMS Advises Alpla on Joint Venture with Ecohelp and UPT

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CMS has advised Alpla on forming a EUR 7.5 million joint venture together with Romania's Ecohelp and Switzerland's United Polymer Trading. Reportedly, Cabinet Costea advised Ecohelp and Furer Partner Advocaten advised UPT.

Alpla is an international company active in plastic packaging solutions.

According to CMS, "the three partner companies are investing equally in the plant, with a combined total of EUR 7.5 million. Importantly, Alpla, Ecohelp, and UPT will all contribute their own special expertise to the joint venture PET Recycling Team Targu Mures and create new jobs at the joint site." Production is scheduled to start as early as the middle of next year.

The CMS team was led by Vienna-based Partner Alexander Rakosi and included Vienna-based Partners Dieter Zandler, Attorney Georg Gutfleisch, and Associate Vanessa Horacek and Bucharest-based Managing Partner Horea Popescu, Senior Counsel Mihai Jiganie-Serban, Counsel Claudia Nagy, and Associates Cosmin Cretu and Cristina Ciomos.

ACI Partners at a Glance

ACI Partners is a leading law firm in Moldova with an expanding network of partners throughout Europe. ACI Partners was established in 2006 and since then has managed to build a very strong and competitive legal practice. Our business strategy strives to deliver a solid and reliable service, going beyond merely grasping the law, which the clients may turn to whenever they need. In reaching this goal, ACI Partners employs a personalized approach to each client, showing a genuine respect for their values and unqualified commitment to their interests and needs, steadily investing in knowledge and data management and ensuring a working environment consistent with our clients’ quality demands and high expectations.

ACI Partners is a one-stop shop law firm proficient in all possible legal matters a business might come across in Moldova, starting with incorporation of a business, and obtaining of all the necessary regulatory permits, continuing with various daily matters, such as contracts, labor, and migration, and finishing with dispute settlement, insolvencies, and criminal investigations. But we pride ourselves especially for our unmatched expertise in most innovative and complex areas for Moldova, as Modern Financial Products, Data Protection, Renewable Energy, Competition, Clinical Studies, Public Procurement, and Regulatory. In our work, we always involve a team of professionals with the relevant skill-mix, which enables us to provide our clients with an integrated and comprehensive advice, superior to our competitors.

ACI Partners has advised the Government of the Republic of Moldova, businesses, international organizations, and other institutions on most challenging transactions, assignments and projects.

ACI Partners is not just another law firm. Over the course of our existence and working in Moldova, and on the international stage for our non-Moldovan clients, we have developed a strong set of core values which, we believe, guide us in everything that we do and, moreover, gives us a competitive advantage – differentiating us from other firms on the market.

Firm's website.