Established in 1994, Boga & Associates remains among the elite in Albania. Driven by Genc Boga, the firm has started to tap into the Kosovan market through its new office in Pristina, headed by partner Sokol Elmazaj....
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Established in 1994, Boga & Associates remains among the elite in Albania. Driven by Genc Boga, the firm has started to tap into the Kosovan market through its new office in Pristina, headed by partner Sokol Elmazaj. The move adds a new string to the firm's bow: "We benefit from all their possibilities, in Kosovo and the region," says one client.
Clients have generally been very pleased with the legal services offered by the firm. "They were capable and gave information and expertise. They took part in the meetings in the customer's presence and this was of added value. They were more experienced than us. Technically we rate them highly," says a client. Other clients are pleased with the firm's depth of knowledge: "They have much experience and also new staff who are qualified in specific fields. Sometimes this [added experience] is more profitable for us," says one client.
The firm advised Raiffeisen Bank on a €25 million loan agreement for the first important aircraft acquisition by an Albanian company.
The firm has also acted recently for the European Bank for Reconstruction and Development (EBRD). The bank has developed an investment facility to provide debt financing for renewable and industrial energy in the Western Balkans and in light of this, Boga & Associates advised the EBRD on a €6 million financing for the construction of two small hydro power plants over the Rapun river.
The firm also assisted the bank on a €2 million loan to brick manufacturer Volalba (an enterprise wholly owned by Italian company Albanova).
In M&A, the firm is currently advising Slovenian insurance company Zavarovalnica Triglav with regard to its acquisition of a stake in Albanian insurance company Alb-siguracion.
In project finance, Boga & Associates' Pristina office has been engaged in one of the biggest and the most important projects in Kosovo: the concession for the International Airport of Pristina (the only international airport of the country).
The firm has been praised by clients for being attentive to their needs and one described it as "accessible, responsive and wise".
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