Wolf Theiss > Tirana, Albania > Firm Profile

Wolf Theiss
MURAT TOPTANI STREET
EUROKOL CENTER, 4TH FLOOR
1001 TIRANA
Albania

Albania > Leading firms Tier 1

Wolf Theiss is well-equipped to handle cross-border projects and transactions, and leverages the expertise of its wider network in order to assist clients with international matters. The firm has notable strength in the banking and finance, energy, real estate and construction sectors. In Tirana, the firm is led by the highly regarded Sokol Nako, who has expertise in corporate law, banking and finance, and M&A. Senior associate Kristaq Profkola is a key name for advising on administrative law and European company law. Associates Xhet Hushi and Denis Selimi are names to note in the team.

Practice head(s):

Sokol Nako

Testimonials

‘Their work has been delivered on time and high quality.’

‘Team is professional and willing to go the extra mile. Calm and patient even under strong time pressure.’

Key clients

World Bank Group

Snam

4iG

European Bank for Reconstruction and Development (EBRD)

Albanian Power Exchange Sha

International Finance Corporation (IFC)

OTP Bank Albania

OTP Bank

Raiffeisen Bank International

European Investment Fund (EIF)

IntelyCare

Work highlights

  • Advising 4iG on the merger procedure of two of its subsidiaries in Albania, Albtelecom and ONE Telecommunications.
  • Advising the Abu Dhabi Fund Development on the development and construction of up to 2,000 affordable housing units across multiple locations in Durrës County.
  • Advising the Albanian Power Exchange Company (ALPEX) and the IFC on drafting power exchange membership contracts.

The firm: Wolf Theiss opened its first office in Vienna in 1957 and soon established a reputation as one of the region’s leading law firms. The firm has since grown into a multinational team of approximately 390 lawyers, making it one of the largest integrated law firms in the region. It has offices* in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovak Republic, Slovenia and Ukraine.

This presence on the ground is one of the firm’s key strengths. It works in a fast-moving part of the world that requires deep local knowledge and experience. By combining expertise with a strong international network, the firm is well-placed to handle complex cross-border transactions with a high degree of speed and flexibility.

Apart from its local offices in 13 CEE/SEE countries, Wolf Theiss also offers extensive regional experience in other countries in the region, such as Kosovo, Montenegro and North Macedonia.

*The firm has regulatory frameworks within which it needs to comply. So by ‘presence’, we mean a legal form that is in compliance with all applicable laws and regulations in that country.

Areas of practice:Wolf Theiss’ full range of services covers financial services, competition and antitrust, compliance and investigations, corporate/mergers and acquisitions, employment law, energy and infrastructure, intellectual property and information technology, litigation and alternative dispute resolution, real estate and construction, regulatory and procurement, and tax. The firm’s dedicated practice teams provide in-depth specialist knowledge in their respective areas and collaborate closely to provide clients with seamless advice.

Albania: The Tirana office joined the Wolf Theiss network in 2004, having previously been part of a large international UK law firm. The office, led by Sokol Nako, has rapidly developed into one of the big names for complex transactions in Albania. The team comprises seven lawyers (including one partner) and specialises in all core areas of business law, particularly corporate law, M&A, banking and finance, public procurement and concessions.

Department Name Email Telephone
Financial services Sokol Nako sokol.nako@wolftheiss.com +355 4 227 4521 202
Financial services Kristaq Profkola kristaq.profkola@wolftheiss.com +355 4 227 4521 210
Energy and infrastructure Sokol Nako sokol.nako@wolftheiss.com +355 4 227 4521 202
Competition and antitrust Xhet Hushi xhet.hushi@wolftheiss.com +355 4 227 4521 203
Intellectual property Blerta Nesho blerta.nesho@wolftheiss.com +355 4 227 4521 211
Corporate/M&A Sokol Nako sokol.nako@wolftheiss.com +355 4 227 4521 202
Corporate/M&A Kristaq Profkola kristaq.profkola@wolftheiss.com +355 4 227 4521 210
Real estate and construction Jonida Braja jonida.braja@wolftheiss.com +355 4 227 4521 208
Real estate and construction Xhet Hushi xhet.hushi@wolftheiss.com +355 4 227 4521 205
Dispute resolution Sokol Nako sokol.nako@wolftheiss.com +355 4 227 4521 202
Regulatory and procurement Xhet Hushi xhet.hushi@wolftheiss.com +355 4 227 4521 205
Employment Jonida Braja jonida.braja@wolftheiss.com +355 4 227 4521 213
Tax Sokol Nako sokol.nako@wolftheiss.com +355 4 227 4521 202
Photo Name Position Profile
Sokol Nako photo Mr Sokol Nako Sokol Nako is the Managing Partner of the Wolf Theiss Tirana office…
Kristaq Profkola photo Kristaq Profkola Senior Associate.
Number of lawyers : 390
at this office : 7
Albanian
Czech
English
Italian
Slovak
Contact : Sokol Nako (local managing partner)
Other offices : Belgrade
Other offices : Bratislava
Other offices : Bucharest
Other offices : Budapest
Other offices : Kyiv
Other offices : Ljubljana
Other offices : Prague
Other offices : Sarajevo
Other offices : Sofia
Other offices : Vienna
Other offices : Warsaw
Other offices : Zagreb

At Wolf Theiss, we strongly believe that in a global marketplace, a company that employs a diverse workforce (both men and women of several generations and from ethnically and racially diverse backgrounds) is better able to understand the marketplace it serves, offers better and more unique perspectives and thus, is better equipped to thrive in that marketplace than a company that has a more limited range of employee demographics.

For us, uniting people and overcoming cultural divisiveness is part of our philosophy. By respecting each other, we have created a unique workplace camaraderie that spills over into our daily lives. Wolf Theiss considers itself to be politically liberal, not biased in any direction and imposing no restrictions on its workforce in terms of political view, religion, way of life, race, language and sexual orientation.

Our leadership team is comprised of 35% female partners, one of them within our management board, and 48% of our senior lawyers are women. We strive to stand at the forefront in the region, when it comes to gender diversity. We were one of the first law firms in the region to implement a maternity policy. Innovation initiatives at our firm are driven by female talent. We also encourage our lawyers to spend part of their daily work on firm-wide non-billable initiatives.

Wolf Theiss is proud to have been awarded the Best in Central Europe Award at the European Women in Business Law Awards 2023 and to have been recognised as “Best in Austria” at the European Women in Business Law Awards 2022, 2019, 2018, 2017, 2016, 2015, 2014, 2013 & 2012, “Best in Croatia” at the European Women in Business Law Awards 2019, 2018, 2017, 2016, 2015, 2014 & 2013 and “Best in Romania” at the European Women in Business Law Awards 2016, 2015 & 2014.

CORPORATE SOCIAL RESPONSIBILITY

At Wolf Theiss we believe that success is a two-way street. Our financial success depends in large part on our doing quality work for our clients, so they come back to us and recommend us to others. But our success also depends on the support of the local communities where we live and work. They provide us with a great deal of input and impulses, including the talented lawyers and assistants who make it possible for us to do what we do. We all think it is essential that we give something back to the community.

One way to show our commitment to the community is by providing legal advice on a pro bono basis to clients who need legal help, but are unable to pay for our services. Our pro bono work is directed at clients whom we consider to be very deserving or who face legal issues that we believe are especially important to our communities or to society as a whole.