Cyprus’ strong economic recovery-2018 Outlook
Cyprus’ strong economic recovery will continue in 2018 with the GDP expected to be 3.2% (2017: 3.8%) which is well above the European Union average. Inflation forecast shows an increase in 2018 to 1.2% (2017: 0.7%) well within the healthy limits, with unemployment expected to be near the 10% mark in comparison with 13% of …
Continue reading “Cyprus’ strong economic recovery-2018 Outlook”
A comparison of Cyprus and BVI corporate structures in the light of recent global tax reforms
The recent revelations in the Panama and Paradise Papers illustrated the need for companies to make a shift towards more responsible fiscal behaviour and tax responsibilities. International guidelines such as the OECD guidelines and the 4th EU AML Directive clarify that evasive fiscal practices will be disclosed. This article analyses the implications on some of the …
Foyen has assisted Stena Renewable with procurement of 19 new wind turbines
15 March, 2018 Stena Renewable AB builds 16 wind turbines in the Kronoberget wind power farm and three wind turbines at Vindpark Saxberget. The new capacity adds on to Stena Renewable’s existing 17 wind turbines in operation at Saxberget.
Bär & Karrer Advises XO Holding on Sale of Priora to Eiffage Construction
XO Holding AG sold Priora AG, a leading Swiss project developer and general / total contractor (GC/TC), to Eiffage Construction SA, a French company forming part of the Euronext listed Eiffage group.
Bär & Karrer Advised Axcel on the Acquisition of Invima
The Danish private equity company Axcel has acquired all shares in Invima AB, a Swedish corporation, with its subsidiaries including two Swiss subsidiaries. Under the IsaDora brand, Invima AB is one of the Nordic region's leading manufacturers and distributors of cosmetics, with sales in approximately 5,000 stores in forty different countries. The seller Ingvar Vigstrand …
Continue reading “Bär & Karrer Advised Axcel on the Acquisition of Invima”
Sayenko Kharenko advises Ukreximbank on UAH 4 billion repeat of hryvnia-denominated Eurobond
Sayenko Kharenko advises Ukreximbank on successful UAH 4 billion repeat of hryvnia-denominated Eurobond Sayenko Kharenko has acted as Ukrainian legal counsel to JSC “The State Export-Import Bank of Ukraine” in connection with UAH 4,051,000,000 (approximately USD 150,000,000) 16.5 per cent. Loan Participation Notes due 2021. Citigroup Global Markets Limited and J.P. Morgan Securities plc acted as …
Goltsblat BLP advises on sale of Sailfish OS developer
Goltsblat BLP, the Russian practice of Berwin Leighton Paisner (BLP), which will operate as Bryan Cave Leighton Paisner (Russia) LLP from April 2018, advises Open Mobile Platform-DC LLC and RUSINTECH LLC on sale of 75% in Open Mobile Platform-DC and 75% in Votron LLC to Rostelecom PJSC.
Karanović & Nikolić Ranks as Leading Law Firm in Chambers Europe 2018
We are proud to announce that Karanović & Nikolić has once again emerged on top of the rankings on the most recent list of leading European law firms – the prestigious Chambers Europe 2018. This year's edition of the Chambers Europe has highlighted seven different practice areas within the Karanović & Nikolić legal practice and cooperating …
Continue reading “Karanović & Nikolić Ranks as Leading Law Firm in Chambers Europe 2018”
Announcement of New Senior Associate: ARV Jacoba
SyCip Salazar Hernandez & Gatmaitan is pleased to announce the promotion of Anthony R.V. Jacoba as senior associate effective January 1, 2018.
ELA & SyCipLaw Contribution to Trinity Domus Funds in Dominica
SyCip Salazar Hernandez & Gatmaitan joined fellow Employment Law Alliance (ELA) members in raising funds for the rebuilding and refitting of educational and daycare facilities in Dominica following the devastation caused by Hurricanes Irma and Maria in 2017. SyCipLaw is ELA’s exclusive member firm in the Philippines.