Sagias and Partners Law Firm > Athens, Greece > Firm Profile

Sagias and Partners Law Firm
Plateia Filikis Etaireias Square 15
10674 Athens
Greece

Greece > Projects and privatisation Tier 2

Counting major financial institutions and international energy consortiums amongst its key clients, the Sagias and Partners Law Firm practice specialises in all aspects of the tender process, spanning from the planning to the implementation. The team routinely deals with the project financing behind the construction, operation, and management of renewable energy initiatives, with the Athens-based heads Ifigenia Vourdouni and Nikolas Sagias bringing vast experience of handling important privatisation projects of public enterprises and investment plans to the group. Spyros Sagias is an expert on direct foreign investments in Greece, and Athena Papikinou focuses on commercial agreements.

Practice head(s):

Ifigenia Vourdouni; Nikolas Sagias

Other key lawyers:

Spyros Sagias; Athena Papikinou; George Tsoukalos; Olga Marinou

Key clients

PIMA GROUP

Hellenic Republic Asset Development Fund (HRADF) – Project Preparation Facility

Consortium of Energy Yperionas SA – ILOS NEW ENERGY MIKE (ΦAETHON CONSORTIUM)

Consortium of Energy Yperionas SA – ILOS NEW ENERGY MIKE (ΦAETHON CONSORTIUM)

Ministry of Infrastructure and Transportation / Directorate of Transport Infrastructure with Concession Agreement (D16)

INTRAKAT S.A.

ΦΑΕΤΗΟΝ BATTERIES IKE

Mistraya Holdings Co. Ltd

DHB Bank

Aplekton Holdings Co. Limited

Union Star Ltd

Work highlights

  • Assigned with the provision of specialized legal support to the Project Preparation Facility of the Hellenic Republic Asset Development Fund (HRADF) regarding the awarding of public contracts for construction works of hospital units and health centers of a total budget of 562 million approximately, which are implemented within the framework of the Greek National Recovery and Resilience Plan “Greece 2.0”, financed by the European Union – Next Generation EU.
  • Provide constant legal support to the Investors of a prominent energy companies in Europe aiming to develop one of the biggest photovoltaic parks with internal storage units in Europe in Fthiotis during the development, the licensing procedure and construction of the project.
  • Assigned to provide legal services / support to the client for the preparation and submission of a file for the inclusion of the project: “Study, Construction, Financing of the Upgrade of the E02 roadway (Mavrovouni – Edessa, Giannitsa bypass, Chalkidona bypass) and operation / maintenance of river Axios bridge – Edessa’s section” to the provisions of L.3389/2005, in order for it to be implemented as project of Public Private Partnership, as well as for the entire process of Awarding the Project’s Partnership Agreement.

Greece > Commercial, corporate and M&A Tier 3

Sagias and Partners Law Firm has extensive experience of acting on behalf of Greek and international clients in company buyouts, M&A and complex contractual negotiations. The practice has particular expertise in the engineering, energy, and infrastructure spheres. Athens-based practice heads Nikolas Sagias and Eleni Siouti are experts in procurement and corporate scenarios, and Athena Papikinou has in-depth knowledge of drafting commercial agreements, whilst Olga Marinou is also highlighted as being integral to the group.

Practice head(s):

Nikolas Sagias; Eleni Siouti

Other key lawyers:

Testimonials

‘For yet another year, their team managed to deliver a high-calibre legal product without any reduction in quality or speed of delivery.’

‘Due to her multinational experience and solid academic background, Eleni Siouti seems to us very punctual and productive in what she is doing. She was by our side every step of the way and she was always happy to assist and explain to us even the most obvious details and information. In addition to our extensive experience of working with Eleni, all the associates at the firm were available and willing to inform us accordingly whenever we needed help with procedural issues.’

Key clients

ELEUSIS 2023

TEKAT ATE

Nera Pigon Grammou S.A. (GRAMMOS WATERS S.A.)

ADELTE GREECE SINGLE PRIVATE COMPANY

ENERGY YPERIONAS (member of Tsakos Energy Group) – ILOS JOINT VENTURE

Energy Yperionas SA (member of Tsakos Energy Group)

TRACTEBEL ENGINEERING GMBH & LAHMEYER HOLDING GmbH

TET-ESTEL A.S.

RAFINA PORT AUTHORITY SA

Apivita Commercial & Industrial S.A. (member of Puig-Group)

Smart Holding

Work highlights

  • Advising ΦΑETHON, a joint venture of Energy Yperionas (a member of Tsakos Energy Group) and ILOS, on drafting the establishment agreement.
  • Advising Adelte Transporte y Servicios EFS and Adelte Greece Single Private Company in the field of commercial matters.
  • Advising Eleusis as the 2023 European Capital of Culture.

Greece > Dispute resolution Tier 3

Frequently representing local and multinational entities before the Greek and European courts, the Sagias and Partners Law Firm practice also has in-depth experience of handling out-of-court negotiations. Team co-head Spyros Sagias specialises in cases concerning the recovery of late payments and regulation of loan debts, whilst fellow co-head Sotiris Perivolarakis is an expert in both civil and criminal litigation. Ifigenia Vourdouni focuses on acquisition-related cases, and Eleni Mamai concentrates on claims concerning tax and customs offences.

Practice head(s):

Spyros Sagias; Sotiris Perivolarakis

Other key lawyers:

Key clients

PIMANA SA

PIMA S.A. & PIMA MYKONOS 2 SINGLE MEMBER LIMITED LIABILITY COMPANY

PIMARA SA

Dimitrios Kelepouris

E. G. PSARROS & Co LIMITED PARTNERSHIP

PIMA GROUP

VAR MANAGEMENT Ltd

Wings of Lebanon

PIMANA SA

Philippos Tsitseklis

UBIQUITI Inc.

Benaki Museum

NINGBO E.T.D ORIENTEX INTERNATIONAL TRADE CO. LTD.

DELTA SCRAP Limited Partnership

Firma Kręglewscy Sp. z o.o.

Ferriere Nord S.p.a. (Member of Pittini Group)

SKIPPERS’ BAR

TRITON INTERNATIONAL POWER S.A.

Work highlights

  • Represented Pimana SA in a claim against the Greek state, the municipality of Zakynthos, the region of the Ionian Islands and multiple individuals regarding the cancellation of a purchase contract related to a major investment plan in Zakynthos.
  • Represented Pima and Pima Mykonos in arbitration proceedings before the ICC International Court of Arbitration in Paris against a lessee company.
  • Representing Ubiquiti in its appeal against the decision issued by the Hellenic Telecommunications & Post Commission (EETT) for the revocation of circulation of the client’s Rocket M5 radio equipment.

Greece > Real estate and construction Tier 3

Covering both the litigious and transactional sides of real estate, the team at Sagias and Partners Law Firm includes specialists in the construction and development of major commercial and tourism centres. The practice frequently advises clients throughout tender procedures, especially those relating to urban regeneration initiatives in Europe. In Athens, the firm’s founder Spyros Sagias is an expert in privatisation processes, while Sotiris Perivolarakis has 25 years’ experience in dealing with civil and criminal litigation.

Practice head(s):

Spyros Sagias

Key clients

PIMA GROUP

CITYGATE S.A.

Mistraya Holdings Co. Ltd

PIMANA SA

PIMARA SA

Aplekton Holdings Co. Limited

ISV Architects SA (ISV S.A.)

PIMANA SA

Philippos Tsitseklis

Union Star Ltd

Ariane & Daphne Tapinos

Ekaterini Koskina

Work highlights

  • Advised a client regarding its participation in the Hellenic Republic Asset Development Fund (HRADF) tender for the exploitation of the Markopoulo Olympic Equestrian Centre through a long-term lease.
  • Assisted in a major investment project involving the acquisition of 14.500.000 sq.m. on the island of Zakynthos.
  • Advised the Commercial Center One Salonica, owned by Citygate, a company active in the construction and development of commercial real estate.

The firm: On an international level, Law firm “Sagias & Partners” is a privileged partner of Dentons law firm and a member of the Dentons network. Our law firm is located in Athens, and has established offices in Brussels specializing primarily in EU and competition law. Our law firm has also a tax division and consults major foreign clients on complex Greek and Cypriot tax law issues.

We have been rendering legal services for about 40 years and we are bound to keep on excelling in advising our clients efficiently and reliably on most complex and challenging legal issues covering both public and private sectors.

Quality certification: We are the first ever law firm in Greece to have been certified in 2009 by ELOT with ISO 9001 Quality Management System in all fields of law, as an effect of high standards of diligence, specialization, expertise and calibre of our partners and associates as well as state-of-the art infrastructure in systems and procedures. ISO 9001 certification not only ensures that our clients receive top quality legal services but also that our law firm practices in a perfectly compatible and most advanced international system in this respect.

Projects and privatization: Our firm is considered a pioneer in this practice area and a leader in the Greek market, being involved in most of the important privatization projects on Greek territory since the emergence of the first privatizations in the mid-1990s, along with the adaptation of the Greek economy to the rules of the free European market. Our senior partner, Spyros Sagias, and our partner and head of the practice, Ifigenia Vourdouni, have been involved in numerous cases of privatizations, either on the part of the state acting as the contracting authority or as a counsel for the private clientele with their participation in the privatization projects.

The establishment of the Hellenic Republic Asset Development Fund recently has greatly boosted this sector in Greece and our firm has been involved in many high profiled Greek privatization projects.

As major projects in recent years, we have assisted two major clients, Cosco Group of China and Mitsui & Co of Japan, in their efforts to acquire the majority of shares of the two major port authorities of Greece, Piraeus and Thessaloniki, the Greek partner of Emma Delta that acquired the Greek gambling company and the private equities that acquired the Greek horseracing organization.

Dispute resolution: Our law firm provides full services in matters of dispute resolution, both in out of court procedures and negotiations and in litigation matters before the competent Greek and European courts of every instance.

Sotiris Perivolarakis, managing director/partner, is a very experienced court lawyer, who have organized a high standard team to confront any such matter. Our very own in-house senior advisor, Prof Harissios Tagaras, who served as former President of Chamber, in the European Union Civil Service Tribunal provides the most useful and precise advice concerning major cases.

Commercial, corporate and M&A: Our law firm has provided a multidisciplinary support to Greek and foreign companies on a wide range of commercial and corporate issues arising from their business activities on the Greek territory. Our partners Mr Nikolas Sagias and Mrs Eleni Siouti have assisted in a consistent manner leading actors in the Greek market with day-to-day company issues and in parallel, represented them in an efficient manner in major transactions such as company buyouts, mergers and business deals.

We have been the major consultants during the last years of major international groups that control the port authorities of major ports of Greece, and have acted on behalf of them for the establishment and reformation of former state-owned companies so that they could meet the needs of the ever evolving financial environment.

Real estate and construction: Our law firm maintains a separate practice acting on multidisciplinary real estate legal matters, under the supervision of our senior partners, namely Mr Spyros Sagias and Sotiris Perivolarakis, who are assisted by our senior associate Ms R Michalopoulou, a highly qualified attorney in real estate legal consulting. We have a long history in the practice area since the inception of our law firm. In particular, we have represented private investors, willing to invest on the Greek territory namely on private islands or large properties located in the Greek mainland, in the legal evaluation of the real property on owned by major state organization in cooperation with international financial advisors. For instance, we have been involved in the legal evaluation of over 100 plots of the Greek Tourist Agency of Real Property and the property of the Greek railroad company, as well.

Department Name Email Telephone
Projects and Privatization, Real Estate and Construction Spyros Sagias
European Law and Litigation Harissios Tagaras
Projects and Privatization Ifigenia Vourdouni
Projects and Privatization, Commercial, Corporate and M&A Nikolas Sagias
Dispute Resolution Sotiris Perivolarakis
Commercial, Corporate and M&A Eleni Siouti
Projects and Privatization Athena Papikinou
Real Estate and Construction Rena Michalopoulou
Projects and Privatization George Tsoukalos
Commercial, Corporate and M&A Ahina Pavlakou
Dispute Resolution Olga Marinou
Projects and Privatization Rania Valta
Dispute Resolution Eleni Mamai
Commercial, Corporate and M&A Regina Ibragimova
Dispute Resolution Sofia Katsouli
Photo Name Position Profile
Athena Papikinou photo Athena Papikinou Partner
Sotiris Perivolarakis photo Sotiris Perivolarakis Partner/ Head of Dispute Resolution
Spyros Sagias photo Spyros Sagias Partner/ Head of Real Estate and Construction
Nikolas Sagias photo Nikolas Sagias Partner/ Head of Commercial, Corporate and M&A
Eleni Siouti photo Eleni Siouti Partner/ Head of Commercial, Corporate and M&A
Harissios Tagaras photo Harissios Tagaras Senior Advisor
Ifigenia Vourdouni photo Ifigenia Vourdouni Partner/ Head of Projects and Privatisation
Spyros Sagias : Head of Real Estate and Construction
Harissios Tagaras : Senior Advisor
Ifigenia Vourdouni : Head of Projects and Privatization
Nikolas Sagias : Head of Projects and Privatization, Head of Commercial, Corporate and M&A
Sotiris Perivolarakis : Head of Dispute Resolution
Eleni Siouti : Head of Commercial, Corporate and M&A
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Athens Bar Association