Albania

IFLR1000 Reviews

Financial and corporate
A.R.S Legal & Financial Services

A.R.S Legal & Financial Services was established in 2014 and is based in Tirana. The firm is focused on financial and corporate work and has experience in M&A and restructuring and insolvency transactions.

 

Key clients

QENDRA 75 LTD, TELELINK INFRA SERVICES

 

Testimonials

We have appreciated their team's professionalism, communication and willingness to find the best solution for every situation.” - Financial restructuring

We appreciate several aspects of A.R.S Legal & Financial Services. Their team demonstrates deep knowledge and proficiency in handling complex legal matters such as contract drafting and regulatory procedures. The team is highly responsive, providing timely advice and support. They provide customized solutions that specifically address our needs.” - Project development

The collaboration with A.R.S Legal & Financial Services has been successful. This is thanks to their team's professionalism, responsibility and demonstrated seriousness. They are a very supportive team, always transparent and ready to offer the best solutions for our company.” - Project development

A.R.S Legal & Financial Services is a very serious law firm with a highly qualified team. They are always correct in providing their service and very willing to help their clients. Their team, cooperative spirit, and professionalism are the strong points of this law firm.” - Restructuring

 

Rina Saliaj

Ms. Rina Saliaj is very knowledgeable in her field of study. She possesses an extensive experience in the market. Ms. Rina is very detail-oriented in the services she provides to clients and is always seeking the quickest and simplest solutions to situations. She is very professional and communicative.”

Ms. Rina Saliaj possesses deep legal knowledge and extensive experience in the market. She critically analyzes legal issues, finding practical ang highly suitable solutions for her clients. She pays attention to even the smallest details in legal documents or procedures. Mrs. Rina Saliaj demonstrates a high level of professionalism, with excellent communication and negotiation skills.”

Ms. Rina Saliaj is a professional in her field, always characterized by precision and seriousness in her work. Her strong point is communication and practicality, always offering the most effective solutions to her clients. She is careful in every detail, thus building reliable relationships with clients.”

Ms. Rina Saliaj is a very well- prepared lawyer, characterized by her correctness in client relations and her dedication to offer the best solutions. She is very cooperative and highly attentive in carrying out every step of the legal procedures properly.”

Boga & Associates

Boga & Associatesis a leading law firm established in Albania in 1993. The firm has grown over the years and has an additional office in Kosovo. Previously part of the KMPG Network until 2007, Boga & Associates is one of the top law firms in Kosovo The firm has a team of prominent lawyers led by managing partner Genc Boga. The firm is active in financial and corporate practice where it advises on corporate deal and financial services regulatory deals. 

 

Highlights 

The firm advised International Finance Corporation on the 3.5 million loan provided to Newko Balkan guaranteed by Ozer Konveyor Band Turizm Sanayii ve Ticaret, the Turkish parent company of Newko Balkan.

 

Testimonials     

"Boga and Associates provide punctual and straight-to-the-point legal advice. It is pleasure to cooperate with the team and the cooperation is always with ease." (Banking Client) 

 

Key clients   

International Finance Corporation (IFC), Kosovo Company for Supply of Energy (KEDS), Limak Kosovo International Airport, Pristina International Airport Kosovo and TEB Holding. 

Kalo & Associates

Kalo & Associates is an established Albanian firm based in Tirana and with an office in Kosovo. It was created in 1994 by PërparimKalo, an M&A specialist.

The firm is a founding member of the SEE Legal network, connecting it to firms in 12 jurisdictions across Southeast Europe. 

 

Highlights

During the research cycle, the firm was notably active in financial and corporate and project development work. In banking and finance, the firm was predominantly focused on project financing transactions in the renewable energy and real estate/aviation industries. A notable highlight of the firms work includes advising in the development of one of Albania’s largest renewable energy projects, a 600 MW wind and solar farm in Albania for CWP Global. Notably this is the first project of its kind in Albania.

In projects, a similar level of expertise in renewable energy and the aviation industry is illustrated. This is highlighted by the firm being hired in the negotiation of the Project Development Agreement with the Ministry of Infrastructure and Economy. The project intends to be the first wind project part of the first wind auction led by the Ministry of Infrastructure and Energy.

 

Key clients

European Bank for Reconstruction and Development, Raiffeisen Bank, Finance in Motion, Voltalia S.A, Messer Group, Voltalia, Total Energies, CWP Global, Norsk Vind, Wizz Air, Air Albania

 

Testimonials

Very responsive, smart, cost-sensitive" - Private equity

Good know how in energy sector transactions and local practice in relation to PDA agreements with public entities.” - Project development

Agile team with extraordinary knowledge of local legal landscape.” - Project development

 

Aigest Milo

Reactive, cooperative, good legal knowledge.”

 

Frensis Nakuci

She is an excellent and smart colleague, very responsive, thinking ahead, great as a team player, very nice to work with and knowledgeable about her market and industries.”

AK PARTNERS Legal & Consulting

AA+ Partners is a corporate law firm with an office in Tirana. The firm advises clients in financial and corporate.   

 

 

Gjika & Associates

Gjika & Associates is a corporate law firm based in Tirana since 2013.  

 

Focusses / specialisms 

The firm is active in corporate and M&A, and also in project development.  

Haxhia & Hajdari

Haxhia & Hajdari is an Albanian law firm established in 1992.

 

Focusses / specialisms

The firm advises Albanian corporate and commercial clients on regulatory and licensing issues related to business operations.

Hoxha Memi & Hoxha

Established in 2003, Hoxha Memi and Hoxha is a full-service firm. It is based in Tirana, where it employs 10 lawyers, including three partners.

 

Focusses / specialisms

The firm is most active in M&A and project development, where it advises in the infrastructure and energy industry.

 

Key clients

The firm has worked with Aleat Shpk, Kisi-Bio-Energji, Free Co, Hec Vlushe, Civil Engineering Institute Macedonia, Aleat, Energji Ashta, Devoll Hydropower, Sky Master Project Holding, Albstar and Omnix Albania.

 

Research period review: 32nd edition (2022/2023)     

During the research period the firm was active in financial and corporate, and in project development.

Its financial and corporate practice consists mostly of providing corporate advice on various corporate matters such as establishment of entities, licencing and shareholders agreements. It also assisted acquirers on acquisitions in industrials and manufacturing, and in renewable energy, and an issuer on a senior secured bond issue.

In project development it assisted mostly concessionaires and project developers on projects and project acquisitions in various industries, especially in energy, construction and materials, and automotive.

 

Deal highlights: 32nd edition (2022/2023)

Eleving Group bond issue

Guintini acquisition of Ambra

Hydropower plant of Kacni

 

Client feedback: 32nd edition (2022/2023)

Capital markets : Debt                                                                      

"Timely, precise, flexible, practical. "

"Precision and timeliness."

 

Financial services regulatory                                                                                   

"HMH as a firm is able to offer flexible, cost effective and personalized service. Their whole team is synchronized and on the same page. They always go an extra mile and are very reliable. "

 

Project development : Telecommunications networks

"Hoxha Memi & Hoxha are a highly reputable law firm in Albania, with a team filled with experienced legal experts capable of assisting with projects of various sizes and complexity. We have been collaborating with them for several years now and they were always the ones you can rely on."

"They are a modern law firm, with educated attorneys and entrepreneurial spirit. Their team always gives their best to solve the case they are working on in the shortest possible time and provides commercially-driven and client-focused advice. "

"High preparation and very close to the customer."

 

Shpati Hoxha

"Shpati is a professional, competent and reliable attorney. He is a forward-thinking attorney with loads of knowledge by his side."

"He is professional, competent and a reliable attorney. He is a forward-thinking attorney with loads of knowledge by his side."

"Shpati is a well-known attorney in Albania, with vast experience and dedication to providing an outstanding level of legal services. He is always the first to take the initiative when working with us and full of ideas on how to resolve the issue we are working on faster and better."

"Knowledge of law and timeliness."

"Forthcoming. "

Optima Legal & Financial

Established in 2008, Optima Legal & Financial is an independent firm based in Tirana, which employs 10 lawyers, including three partners. 

 

Focusses / specialisms 

The firm has a focus on project development and the energy industry, acting for Albanian gas companies and the state on several energy projects and working on highway development projects. It has notable capacities in corporate and financial work. 

   

Key clients 

Among the clients of the firm are Ziraat Bank Turkey, Petcor International, Aktor and Copri- Aktor.  

 

Client feedback: 32nd edition (2022/2023) 

Financial services regulatory 

"Approachable. 

Clear explanations and clear guidance." 

 

 

Wolf Theiss

Wolf Theiss is an Austrian firm with a European network that includes 13 jurisdictions. Its office in Albania is based in Tirana, where it employs seven lawyers including one partner. 

 

Focusses / specialisms 

The Albanian office of the firm has notable financial and corporate capacities; active in M&A and banking, it advises on cross-border transactions with international companies. It is well known for its work in the power sector, where it advises government bodies. 

   

Key clients 

Among the clients of the firm are4iG, OTP and DSK, Unionbank, JP Morgan, Intesa Sanpaolo, CIMM Group, Eagle Hills Properties and Mabco Constructions. 

 

Client feedback: 32nd edition (2022/2023) 

Project development 

"Responsive, knowledgeable, a pleasure to deal with."