New Partners with POPOVICI NIŢU STOICA & ASOCIAŢII

January 2018 POPOVICI NIȚU STOICA & ASOCIAȚII promotes three lawyers to partnership.

Goltsblat BLP advised AFG National on its JV with Volga Group

Goltsblat BLP advised AFG National on sale of a 35% stake in its subsidiary OOO Yuzhniye Zemli to Volga Group Agro (a company consolidating Volga Group’s agricultural projects). The deal was signed on 26 December 2017. Yuzhniye Zemli produces top quality apples by a super intensive technology. The company currently manages 400 ha of orchards. In 2018, it intends to launch an additional 300 …

Avellum Advises Ing On Usd100 Million Pre-export Loan Facility To Mhp

AVELLUM ADVISES ING ON USD100 MILLION PRE-EXPORT LOAN FACILITY TO MHP AVELLUM acted as a Ukrainian legal counsel to ING Bank N.V. (“ING”) on a USD100 million secured pre-export revolving loan facility (“Loan”) to Myronivsky Hliboproduct Group (“MHP”), provided by ING together with Crédit Agricole Corporate and Investment Bank.

AVELLUM Advises AGCO on Merger Control and Concerted Practices Clearances

AVELLUM Advises AGCO on Merger Control and Concerted Practices Clearances for Acquisition of Precision Planting and Assets Owned by Monsanto Argentina and Monsanto Do Brasil

Karanović & Nikolić Promotes New Senior Partner And Six Partners

Karanović & Nikolić is pleased to welcome Marko Ketler as its new Senior Partner, as well as Ivan Nonković, Goran Radošević, Ivana Dišović, Katarina Gudurić, Jaka Simončič and Petar Mitrović who have been named Partner. We are proud to announce the promotion of these attorneys at law cooperating with Karanović & Nikolić who have demonstrated …

Double Tax Treaty for between Cyprus and Saudi Arabia

The Cyprus Ministry of Finance has announced that Cyprus has entered into a double tax agreement with Saudi Arabia for the avoidance of double taxation (‘DTT’), which aims to prevent tax evasion. 

Cederquist represents Axel Johnson in its acquisition of 70% of the shares in Skincity

Cederquist represents Axel Johnson AB in its acquisition of 70% of the shares in Skincity Sweden AB from the Skincity’s founders Annica Forsgren Kjellman and Mikael Kjellman and Rite Internet Ventures Holding AB.

Tamedia Announces Public Tender Offer for Goldbach Group

Tamedia AG announces an all cash public tender offer for all publicly held shares of Goldbach Group AG listed on the SIX Swiss Exchange. Tamedia offers CHF 35.50 per share of Goldbach Group, representing a transaction amount of around CHF 216 million. The board of directors of Goldbach Group recommends to its shareholders to accept …

Cross-Border Cooperation Between Competition Authorities In The SEE Region Intensifies

The national competition authorities in South Eastern Europe are evidently increasing and strengthening their cross-border cooperation and communication, allowing for a more effective regional approach in the protection of competition. Taking into account common challenges and economic interdependence, as well as similar goals in EU integration, the authorities appear to have recognized significant merit in …

Societe Generale Acquires Jubanka’s Credit Portfolio

Karanović & Nikolić advised on Societe Generale Srbija's acquisition of a part of Jubanka's credit portfolio – which included housing and cash credits, credit cards, as well as credits for small and medium-sized enterprises. Societe Generale Srbija is now the third largest bank in Serbia in terms of credit volume.