Boga & Associates is a highly-rated full-service firm and a lead operator in the market since 1994. Managing partner Genc Boga is a lead corporate finance lawyer with strong international connections. He is backed by a high-quality team of partners, including corporate and projects experts Sokol Elmazaj and Renata Leka, as well as Alketa Uruci, who handles tax and energy issues, and disputes partner Gerhard Velaj. The firm attracts an impressive mix of international clients, including banks, multilateral lenders, manufacturers, energy companies and retailers. It also has a strong outpost in Kosovo. Experienced senior associates include Valbona Gjoncari .
Leading firms in Albania
‘The team is well prepared in particular for all issue related to tax claims.’
‘The team is solution oriented, providing high quality legal advice and treating all matters thoroughly. They have very good understanding of the client’s business need and situation and they provide applied legal advice for each business case.’
‘This firm is known for its professional team, timing, accurate legal advice oriented towards client and business needs.’
‘The team has the sophistication and legal capacity necessary to properly advise on complicated transactions. The lawyers are always available and have unmatched responsiveness to client demands, no email goes unanswered.’
‘We have been working with this law firm for over 15 years and have never been disappointed.’
‘Alketa Uruci lawyer is for us an important point of reference. ’
‘Alketa Uruci is an outstanding partner, very well prepared on tax and tax litigation matters. Her thorough and timing advice has helped us in a big tax case.’
‘Renata Leka provides very business friendly solutions and is very responsive, quick and reliable.’
‘Renata Leka, Genc Boga and Sokol Elmazaj have unmatched legal structuring and transaction management skills.’
Sberbank (Switzerland) AG
Avolon Aerospace Leasing Limited
Cooley (UK) LLP on behalf of Foshan Midea Carrier Air Conditioning Equipment Co., Ltd (FMCC)
Kuehne + Nagel (Schindler) | Logistics and Supply Chain
Trans Adriatic Pipeline AG (TAP)
STATKRAFT RENEWABLES ALBANIA SHPK ( a company of Statkraft Group)
Devoll Hydropower Sh.A.
EMS Albanian Port Operator
Banka Kombetare Tregtare BKT | National Commercial Bank
Public Power Corporation PPC Albania
FZKM – Foundation Our Lady of Good Counsel (Fondacioni Zonja e Keshillit te Mire)
Coca-Cola Bottling Shqiperia Shpk | CCBS
Sanofi Aventis S.A.
Humelica Consulting International
Procter & Gamble Marketing Romania SRL
Mars Overseas Holding
HUGO BOSS Trade and Management GmbH & Co. KG and CATERPILLAR
Don Café Shpk
Weatherford Services Ltd. Branch in Albania
Procredit Bank Sh.A
Raiffeisen Bank Sh.A
- Advised Sberbank (Switzerland) AG on a Swiss-law governed €12.5m secured bilateral uncommitted facility agreement to an Albanian company.
- Ongoing legal advice on a broad spectrum of legal issues, including energy competition, procurement, construction and environmental law, concerning the €1.5bn Trans Adriatic Pipeline Project.
- Assisted Statkraft Renewables Albania on the development of energy-related projects in Albania including a floating PV project in Banja Lake.
Frost & Fire Consulting has a strong international pedigree, thanks in part to the experience of Rezart Spahia, who previously spent many years practising in a major US law firm. Co-managing partner Alfred Rushaj complements this expertise with his strong connections to the local market, having previously been Albania's Deputy Minister of Finance between 2009 and 2013. Reshard Kellici, who is especially strong on the energy and infrastructure front was previously a lawyer at Hogan Lovells International LLP. The firm represents its international clients in a broad mix of corporate finance, banking, energy, infrastructure and IP matters.
Rezart Spahia; Alfred Rushaj
Other key lawyers:
‘They are outstanding. Not a single time we have had any complaint about their services and most importantly not a single agreement that they have drafted or negotiated in our behalf has had any unpleasant surprise. ’
‘Frost & Fire (FF) is a first-class law firm that provides a wide range of legal services to the clients. They are an innovation in the Albanian legal market by adopting the best standards of client care. FF benefits the clients by combining the highest global standards of business with local excellence of legal service and by maintaining the depth, quality and scale of resources necessary to meet the client’s needs whenever and wherever they arise. FF stands apart by building and maintaining solid partnerships with the clients and by placing our client relationships first. The team at FF consists of market leading professionals.’
‘Reshard Kellici is one of the most outstanding lawyers at FF who has helped us on some large energy and infrastructure related projects. He has helped us by bringing innovative technologies to markets that were primed for such opportunities. ’
‘The natural coordination and collaboration between the main partners on the main issues has made the team to be very successful in their legal opinions and solutions.’
‘They are top. Utmost respect. Even our business counter-partner that we were negotiating with was highly impressed with their work product quality’
‘ Rezart Spahia is both a businessman and a lawyer, packed into one. He understands immediately the dilemmas of the business and always finds solutions, instead of creating problems. Without him, the negotiations would have broken down several times.’
‘Our experience with Frost & Fire Consulting has been remarkable over the years. Their support for the realization of our projects has been multifaceted. What sets them apart from all the other firms we know, is their ability to focus on essential things that are important from the point of view of business, to bypass with ingenuity and creativity difficulties or conflicts with the parties involved and to complete the transaction in a way that not only protects our interests but creates the foundation for a healthy cooperation with anyone we are negotiating.’
‘Alfred Rushaj is a lawyer with long experience in both public and private sector. He has a deep knowledge of Albanian legislation, having been an active participant in the drafting of many laws on which the market operates today in Albania, as well as the how the public administration works. His deep expertise and insight of the public sector has led us to find excellent solutions that have saved us time, money and hardship not only for us as a client but also for our partners.’
‘This practice is unique, because it is led with very high professionalism and very strong ethical standards. This is a rarity in our region. The international experience of the partners is also an added value.’
‘They are right to the point, excellent professionals and with a very strong ethical attitude.’
‘FFC has unmatched knowledge and skills in contract drafting and negotiations, cross border transactions, PPPs or project financing.’
‘Rezart Spahia has incomparable transactional experience derived from his long experience with the best US Law Firms and very large international clients. He brings standards of excellence and quality control that are comparable with the best western law firms as well as the confidence, ingenuity, and the practicality in achieving the desired business objectives.’
‘Alfred Rushaj has a thorough knowledge of not only the existing legislation but also of the historical development of the Albania’s legal framework, given that he has been involved in this field both in the drafting of the legislation when he was in the Ministry of Economy, as well as during his private practice. He is capable of transmitting his knowledge in an intelligent, concise and practical manner, always taking into account all aspects for the efficient management of potential risks.’
‘The partners in particular, Mr. Rezart Spahia and Mr. Alfred Rushaj, are some of the best professionals in the market. They both share the same detail oriented analytical skills, rational and mature reasoning, are well accomplished and well versed, and they both come from backgrounds that have offered them contacts with a large number of cases and experiences. I value their intelligence and skills, and their readiness to help and put it to good use.’
A2 CNN Albania
American Bank of Investments
Tirana East Gate
Albanian Telecommunications Union
- Advised Tirana Bank on a multijurisdictional transaction involving the elevation of €17m in loans under the master funded participation agreement.
- Hired by a consortium of three banks on the project financing of a €67m highway concession agreement.
- Advising Blessed Investment on its plan to develop a 100MW photovoltaic project in Albania.
Hoxha, Memi & Hoxha is a top-rated full-service firm offering a wide range of expertise. The firm's name partners cover all contentious and non-contentious matters, though Shpati Hoxha is noted for his IP expertise, Andi Memi is particularly strong in real estate and tax matters, while public, international and EU law are key areas for Eris Hoxha. Testament to the firm's standing in the market is the fact that it is regularly instructed on the country's largest corporate, infrastructure, financing and insolvency mandates, as well as some of its largest disputes.
Shpati Hoxha; Andi Memi; Eris Hoxha
Other key lawyers:
‘Hoxha Memi and Hoxha (HMH) are one of the most reputable law firms in Albania, and for a reason. Their team consists of very experienced, business-oriented lawyers that possess admirable in-depth legal expertise. They are very responsible, highly reliable and always respect the deadlines.’
‘Good flexibility in adapting the best team for the specific case. Very supportive and business oriented.’
‘Excellent team, broad knowledge, prompt responses, diligent handling. With these lawyers you feel safe and they take with utmost responsibility every case, even minor ones. Excellent written and verbal communication.’
‘Sphati Hoxha is very responsive and provides to the point advice on Albanian competition law. He proactively addresses business needs in his advice and shows alternatives. Great to work with.’
‘HMH is a highly reliable partner to collaborate with or give mandate on M&A projects that involve international elements or corporate and commercial issues. The team is highly versed, intelligent and experienced.’
‘The team is very responsive and stands-out in Albanian market also with their expertise. All name partners Shpati Hoxha, Andi Memi and Eris Hoxha have great overview of the Albanian market. If one seeks a reliable partner with extensive expertise and knowledge, they are definitely the right address.’
‘Shpati Hoxha is a very experienced, dedicated and highly skilled expert. Cooperating with him is easy, he has an entrepreneurial approach to legal matters and always provides valuable advice. Same can be said for Andi Memi and Eris Hoxha, both of them being outstanding lawyers and authorities in their respective field.’
Credins Bank Sh.a
Energji Ashta Shpk.
Vienna Insurance Group AG
VERBUND Hydro Power AG
Morfo (Safrane Group)
American Albanian Enterprise Fund (AAEF)
Starwood (now Marriott)
Devoll Hydropower Sh.a.
Pangea Resourcing Ltd
Austrian Airlines AG
Turk Telecom International
Banka OTP Albania sh.a. (former SocGen)
Budějovický Budvar n.p
Škoda Transportation a.s
Škoda Investments a.s
North Aegean Sea Canaries S.A
- Assisted Statkfraft with a tender for the construction of 140MW photovoltaic generation plant in the southern part of Albania.
- Advised ENI on negotiating a production-sharing agreement with the Albanian government for the exploration, development and production of petroleum in onshore Albania.
- Advising Samsung on the regulatory requirements for the sale and marketing of consumer electronic products in the Albanian and Kosovo markets.
KALO & ASSOCIATES is a top choice among multinational companies and multilateral agencies accessing the Albanian market. Clients include companies from a range of sectors, who benefit from the firm's expertise in corporate, infrastructure, banking, real estate, litigation and day-to-day matters. The firm is also noted for its cutting-edge regulatory expertise. Managing partner Përparim Kalo is a leading figure in the market, with good expertise in major privatisations and infrastructure concessions. Eni Kalo is the main contact for corporate and IP matters, while Aigest Milo is especially strong in tax and finance.
‘The team are excellent. I have worked with them in Albania and Kosovo. They are thorough and I have no doubt that the end result will meet the needs of the ultimate client without fail.’
‘What is noticed and is valuable in the collaboration with Kalo & Associates is the professionalism of the lawyers, communication, collaboration and being open to discuss all details making them simply understandable for all the colleagues of the bank involved in these collaborations.’
‘The firm successfully accomplished all the goals set by the client, proposed practical solutions to the different issues which emerged in the transaction we were working on and worked efficiently. ’
‘We mainly worked with Aigest Milo, an executive partner of the firm. He was effective and remained at all times available to respond to any of our clients.’
‘Ahmet Hassoli, Aigest Milo and Perparim Kalo are all excellent: receptive to comments; and prompt in delivery of the required product. A pleasure to work with.’
Black Sea Trade And Development Bank
- Drafted several sublegal acts and regulations for the implementation of new bankruptcy legislation, done under the framework of the World Bank Group, Debt Resolution and Business Exit Project. Also drafted two manuals for Creditors and Debtors in bankruptcy proceedings.
- Drafting the Regulatory Impact Assessment regarding the new Albanian Law on the water sector. The Regulatory Impact Assessment was accepted by the Ministry of Infrastructure and Energy and sent for approval to the Council of Ministers.
- Contracted by the EBRD to support the Albanian authorities in amending the primary Law on Energy Efficiency to ensure harmonization and compliance with European Union (EU) Directive 2012/27/EU.
Wolf Theiss's highly rated Albania office is a leading market player across numerous sectors. The firm is regularly instructed on major cross-border buyouts, financings and infrastructure projects, as well as international disputes and tax issues. Clients include major multilateral lenders, banks, telecoms, energy and manufacturing companies. The well-respected team is led by managing partner Sokol Nako, a former minister of justice with a diverse practice. Other key lawyers include experienced associate Denis Selimi.
Other key lawyers:
‘The ability to understand our problems correctly, to address them and to propose the most efficient solution. The communication and professionalism of the top management stays far above the market competition. Sokol Nako is admired for his professionalism and excellent know how of the local market, even in a difficult sector as ours, the construction industry. ’
‘Good knowledge of the company and day to day legal needs.’
Banka IMI, J.P. Morgan, CitiBank, Raiffeisen Bank International
Intesa Sanpaolo Bank
Cosmote Mobile Communications
Amryta Capital LLP (part of the Parker Lloyd Group)
Law Firm Hogan Lovells International LLP and Apple Inc
SUMITOMO Corporation Europe Limited
Credit Suisse Securities USA
Tirana Bank sh.a
European Investment Fund (EIF) in Luxemburg
Balfin Group and Komercijalna Banka
Union Financiar Tirane sh.a and Union Bank sh.a
Fital Shpk, Skender Pashaj and Ardjan Pashaj
Credit Suisse (Schweiz) AG
IFC and Albanian Government
Corporacion America Airports S.A., Investment Cooperation of Dubai, Toscana Aeroporti and Aeroporti di Puglia
Albania Highway Shpk
Sigma Interalbanian VIG SHA (Sigma) a subsidiary of Vienna Insurance Group
- Advising Voltalia SA on the negotiations, drafting and conclusion of a project development agreement and power purchase agreement for a 140MW solar power-generating facility.
- Advising Banka IMI, J.P. Morgan, CitiBank, Raiffeisen Bank International, as lead managers, on the Albanian law aspects of the Albanian government’s €650m eurobond 2020 issue.
- Advising EBRD on a €50m facility to Raiffeisen Bank International for its subsidiary in Albania.
CMS has a long-established presence in the Albanian market, where it represents a wide range of major international corporates, banks and investors. Managing partner Mirko Daidone is noted for his expertise advising business start-ups, and is experienced in day-to-day matters, employment law and litigation. Local partner and litigation head Besnik Duraj also has a strong focus on infrastructure projects and public procurement. Competition law is an increasingly active area of work for the firm, particularly Evis Zaja, where the team represents a number of major international clients. Other key areas include tax, IP, privatisation and dispute resolution.
Intesa Sanpaolo Bank
IVICOM Holding Gmbh
Baker Tilly Albania
European Investment Bank
Clyde & Co
Clean Earth Capital
IT Compliance Association
WEIGMANN Studio Legale
Atairos Management L.P
- Advising Wizz Air on local aviation legislation and setting up its new operation in Albania.
- Advising ANK on the concessionary/PPP construction and operation of the €260m Milot-Balldren highway project.
- Advising the main subcontractor on the construction of the €25m East Gate Mall Skopje.
Gjika & Associates
Gjika & Associates represents domestic and international clients from across a broad range of industries, including finance, healthcare, energy and natural resources, tourism, real estate, technology and transport. The firm has a strong track record for corporate advice and was recently involved in several significant insolvency and construction mandates. Founding partner Gjergji Gjika and Evis Jani are both very active in the market.
Gjergji Gjika; Evis Jani
Turkey Garanti Bankasi
- Representing Turkey Garanti Bankasias as the creditor of Kurum International Sh.A. during the latter’s court bankruptcy reorganisation.
Haxhia & Hajdari Attorneys at Law
Haxhia & Hajdari Attorneys at Law has a solid reputation for its contentious and non-contentious legal support. Artan Hajdari and Eris Hysi are the main contacts for civil and commercial law advice, including finance, corporate and privatisation matters. Maksim Haxhia, who is also the current chair of the Albanian Bar Association, is strong on the contentious side, and handles criminal, real estate and administrative law issues.
Optima Legal & Financial
Optima Legal & Financial is a strong choice for corporate finance, projects, infrastructure, dispute resolution and real estate advice, where it represents an impressive range of international clients. Recently the firm was involved in several significant developments in the hydrocarbons and renewables sector. Key partners include Dael Dervishi and Ilir Daci, who are active on the transactional and projects side, real estate expert Anjola Aliaj, and disputes head Fatos Lazimi.
Ilir Daci; Dael Dervishi
‘Optima Legal & Financial is among the leading commercial law firms in Albania, providing a broad range of legal services with a distinct focus on business law and energy. The partners are very good and hard working.’
‘They are well organised and each of them knows well what to do. The lawyers are very precise and prepared and well connected.’
Ministry of Infrastructure and Energy
Lengarica Albania /Enso Hydropower Gmbh Austria
- Advised a consortium of Indian and European power companies on the process of developing a large-scale project for solar power generation.
- Represented Aktor (the joint venture company involved in the construction of Tirana – Elbasan Highway in Albania) as the claimant in an arbitration dispute with the Albanian state. The case relates to the implementation of works based on a FIDIC construction contract.
- Represented EFA Solution, a major clothing manufacturer, in several proceedings against customs authorities regarding irregularities on customs duties values.
Tonucci & Partners
Deloitte Legal shpk
Deloitte Legal shpk has an increasingly strong presence in the local market, thanks in part to the expertise of lead partner Sabina Lalaj, who has over 18 years' experience. The firm represents a strong roster of multinational banks and is regularly involved in major cross-border projects. Clients also benefit from the firm's impressive international network.
‘The team is composed of professionals with extensive knowledge of the Albanian legislation and with consolidated experience. The entire team acts as one. They are swift and accurate in their advisory services and they are easy to reach. Our in-house lawyers worked with them for several years and have always positive feedback on the advice and support received. Our in-house team considers Deloitte Legal as a trustworthy partner that is always ready to extend a helping hand. ’
‘Sabina Lalaj is a tough negotiator, sharp and efficient. She sees the issue to the point and works smartly to address it an provide efficient solutions. She has created a great team of lawyers, and most of them have grown professionally under her supervision and mentoring.’
‘Deloitte’s Albanian team has provided huge expertise and accurate advice in a difficult legal and fiscal environment. They reply timely to any queries and act with a one-team mindset.’
International Finance Corporation (IFC)
Albanian Association of Banks
Turgut Ozal Education
Sews Cabind Albania
Credit Bank of Albania
- Assisted the Credit Bank of Albania with its liquidation procedures, including the sale of its main headquarters.
- Advised the World Bank on the project “Assessment of the Regulatory Framework Governing Land Disposition and Development by Municipalities of Almaty (Kazakhstan), Sarajevo (Bosnia and Herzegovina) and Tirana (Albania)”.
IKRP Rokas & Partners Albania
IKRP Rokas & Partners Albania is the Albanian arm of the Greek firm Rokas Law Firm. The office regularly advises on joint venture and real estate agreements, and works closely with counterparts in the firm's wider regional network, which includes sites in Serbia, Croatia, Montenegro and Romania. Eduard Halimi, a former deputy minister of justice, heads the office.
Loloçi & Associates
ShukeLaw is a strong multidisciplinary firm offering a broad range of expertise in contentious and non-contentious matters, including administrative and regulatory procedures. Founding partner Enyal Shuke is particularly well regarded by her peers, and acts for a strong mix of domestic and international clients. Real estate and finance are two particularly strong areas of focus.
Tashko Pustina is known for its strong dispute resolution expertise, but is also active on the advisory side, including tax, banking, corporate, employment and competition law issues. Clients also benefit from the firm's Kosovo office. Managing partner Flonia Tashko, Floran Pustina, and Florian Hasko are the main partners.