Koutalidis has promoted Senior Associates Dora Karagiorgou and Manolis Kasotakis to Partner as part of its latest promotion round.

Drakopoulos has advised Guy Carpenter on the acquisition of the remaining 51.5% stake in Carpenter Turner from Noorstar Investments. Apostolos Georgiades & Associates reportedly advised the sellers.

Reed Smith has advised Phoebe Energy on securing non-recourse financing of EUR 341.4 million from Eurobank and Piraeus Bank for a 550-megawatt photovoltaic project in Ptolemaida, Western Macedonia, Greece.

Lambadarios, working with Reed Smith, has advised Sony Music on its acquisition of Cobalt Music from its founder. CJA Entertainment Legal reportedly advised the sellers.

Koutalidis has advised Sfakianakis Group on the restructuring of its debt with a total value of approximately EUR 300 million.

Lambadarios has advised BriQ REIC on its merger with Intercontinental International REIC. Machas & Partners advised Intercontinental International REIC.

Koutalidis, working with Clifford Chance, has advised Attica Bank on a EUR 220 million synthetic securitization of its SME and Large Corporate portfolio.

Law 5162/2024 (“New Law”), which aims to enhance business innovation and competitiveness through tax incentives for investments in start-ups, introduces significant changes in Law 4172/2013 (Income Tax Code) and Law 5038/2023 (Immigration Code) providing substantial benefits and opportunities to Angel Investors.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

Bernitsas has advised Helleniq Energy Real Estate and its shareholder Helleniq Energy Holdings on an up to EUR 50 million common secured bond loan issued by Helleniq Energy Real Estate to Eurobank for the acquisition of real estate property.

Labor shortages have emerged as a pressing issue across CEE, prompting diverse responses from governments, businesses, and the public as they navigate the challenges of workforce gaps and economic sustainability.

Lambadarios has advised International School Partnership on its acquisition of Ekpaideutiria Platon. Koutalidis advised the shareholders of Ekpaideutiria Platon.

Over the past two decades, the Greek State has increasingly relied on self-financing techniques for large-scale infrastructure projects, namely concession agreements and public-private partnership (PPP) agreements which differ from the traditional public works contracts first of all in terms of private financing (either through equity or bank financing) provided by the contractor against consideration. At the same time, the contractor assumes significant part of the associated economic and business risks.

Pursuant to an announcement issued today by the President (Judge) of the Council of State, the Court (in Plenary Session) has ruled that articles 10, 15§8, 19§2 and 25 of the New Building Regulations (“ΝΟΚ”) are not consistent with article 24 §§1 and 2 of the Constitution.

Bernitsas Law has advised Thanos Hotels & Resorts on a EUR 107 million refinancing package from Piraeus Bank.

Koutalidis has advised a consortium comprising Fraport Frankfurt Airport Services Worldwide, Delta Airport Investments, and Pileas on a 40-year concession for Kalamata Airport Captain Vassilis Konstantakopoulos via a tender conducted by Growthfund, the National Fund of Greece.

Zepos & Yannopoulos has advised Pradera on the sale of its shares in Trivillage Developments Greece Cinema and Entertainment Enterprises Single Member, the owner of the Village Shopping & More center in Renti, to Premia Properties Group entity Renti to Go Single Member.

Greece’s renewable energy sector has been experiencing a surge in activity, according to Junior Partner Prokopis Linardos. Prokopis discusses the rise of corporate PPAs, the impact of streamlined licensing processes, and the growing focus on energy storage and offshore wind projects while reflecting on the country’s ambitious decarbonization targets and what the future holds for the sector.