Frost & Fire Consulting's practice was recently bolstered by the return of Alfred Rushaj, who is known for his expertise in handling instructions from private and public sector clients. Key areas of strength for the group include corporate and M&A, banking and finance, energy, and project development matters, and the team has a solid track record in assisting start-ups with establishing operations in Albania, handling shareholder agreements and loans, and advising on energy infrastructure issues and legislation. Managing partner Rezart Spahia is an expert in corporate finance; he is ably assisted by Reshard Këlliçi, who is well versed in advising on complex international transactions within the energy and infrastructure sector.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Beside the tremendous support and advice we get from Rezart Spahia and Reshard Këlliçi, one of the most important factors which make Frost&Fire our most important partner in developing our company is the team of associates. Brilliant minds and very professional.’
‘Rezart Spahia and Reshard Këlliçi are the most outstanding professionals we have ever worked with. The experience and the know how they have for our industry helped us a lot on achieving our goals.’
‘Frost & Fire Consulting’s uniqueness is its consistent excellent service and long term support. This firm consists of a team of professionals with extended and distinguished international and local experience, rather unique in the Albanian legal market, and it can navigate through all the issues creatively, in a qualified and ethical manner. Frost & Fire Consulting has a deep insight into the existing issues and intricacies of the local business climate.’
‘Frost & Fire Consulting stands out due to its exceptional team of dedicated professionals who possess a deep understanding of both the local legal landscape and international standards. What truly sets this firm apart is their unwavering commitment to providing tailor-made solutions for their clients, ensuring the best possible outcomes in complex legal matters. The team's strength lies in their proactive and collaborative approach. Overall, the legal firm's unique strengths, key capabilities, and innovative approaches make them a standout choice for clients seeking reliable, efficient, and forward-thinking legal representation in Albania.’
‘Among the standout partners, Rezart Spahia and Alfred Rushaj have been particularly impressive. Their strategic acumen, in-depth legal knowledge, and remarkable ability to foresee potential legal hurdles have greatly contributed to the successful outcomes of various cases. They exhibit exceptional leadership qualities and maintain a client-focused mindset, ensuring the best possible results for clients.’
‘Communication, capability, very fast commitment, fairness and good solutions.'
‘I have had the privilege of working with Frost & Fire Consulting, and I must say that they are an exceptionally reliable and trustworthy law firm. Their team demonstrates a high level of professionalism and expertise in handling cases. They not only deliver results effectively but also have a unique ability to build trust with their clients. Frost & Fire Consulting is truly dedicated to serving their clients' best interests, and I highly recommend their services.’

Key clients

Notus Energy Gmbh
Klan TV
White Roads shpk
Best Solutions sh.p.k.
Adria-Ionian Investment sh.p.k.
Infosoft Systems
AlbEsp Trading & Consulting
Peninsula Yachts
Junik shpk
AlbvilFörvaltning AB
DeepTech Solutions
Marina Residences
Durres Portual Authority
Digitsapiens
Vigan Group
Adriatic Resorts
Blue 1 shpk
Tirana Bank
Gener 2
Balfin Group
Trema Tech
Teqja Group
Green Coast
Blessed Energy
Marina Di Valona Ltd
UNIDO (United Nations Industrial Development Organization)

Work highlights

Acted for SPV Blue 1 shpk as borrower in negotiations with Green For Growth Fund Southeast Europe S.A., Sicav-Sif (as mandated lead arranger and lender) for the financing of a 50 MW solar park.
Advised Gener 2 and Shoqëria Koncesionare G2 BLU on negotiating a concession agreement with the Government of Albania for the design, construction, operation, maintenance and transfer of the Milot-Thumanë toll road with an investment value of 44.620,189 Euros.
Assisted White Roads Hotel shpk with negotiations with Hayatt International LLC for the opening of the first Hayatt Regency hotel in Albania.