Sokol Elmazaj: Lawyer with Boga & Associates Legal, Tax, Accounting

Sokol Elmazaj

Phone+355 4 225 1050

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Experience & Credentials

Practice Areas

  • Litigation
  • Contracts
  • Commercial Law
  • Company Law
  • Administrative
  • Company Taxation
  • Entertainment
  • Project Finance
  • Mergers and Acquisitions
  • Banking and Finance
Contact InfoTelephone: +355 4 225 1050
Fax: +355 4 225 1055
EducationUniversity of Tirana in Albania, Law Faculty (Law Studies, 1996)
Admitted2000, Tirana, Albania
Memberships Albanian Bar Association (1996); Albanian Authorized Trademark Attorney; Arbiter of American Chamber of Commerce in Kosovo (2011-present).
LanguagesAlbanian, English and Italian

Boga & Associates (1996-to date). Lecturer of "Albanian Business and Labor Law" at University of New York in Tirana (2004-2008).

Transactions Advising Limak Kosovo International Airport J.S.C, in relation to one of the biggest and the most important projects in Kosovo, that of public-private partnership of the International Airport of Pristina (the only international airport of the country). The Government of Kosovo awarded in concession the airport to the Turkish and French consortia Limak İnşaat Sanayi ve Ticaret Anonim Şirketi and Aeroports de Lyon Management and Services and therefore entered into a Public- Private Partnership Agreement for the engineering, procurement, design, construction, operation and expansion of the Prishtina International Airport with Limak Kosovo International Airport J.S.C a joint stock company established by the aforementioned consortia; Advising Limak Kosovo International Airport J.S.C, in connection with the security package related to project financing by a Turkish bank, by drafting the security package in light of the laws of Kosovo, perfecting the security and rendering legal opinions in connection with enforceability of the transaction documents, information about the legal framework applicable to the project; Advising Limak Kosovo International Airport J.S.C in connection with its day-to-day activity related to regulatory, employment issues, contracts with subcontractors, corporate governance, etc; Advising Standard Bank Plc in Kosovo for Standard Bank Plc in connection with several loans extended to a Dubai and a local subsidiary company for financing the acquisition of an asset in Kosovo in a privatization process and the operation of such asset upon conclusion of the privatization. Conducted a legal due diligence on the asset, reviewed and participated in the process of amendment of the asset acquisition contract, tailored the security package documents related to each of the extended loans, perfected them and rendered legal opinions about their validity and enforceability; Advising the Ministry of Finance of the Republic of Albania (following the award of a public bid together with BNP Paribas S.A.) in the privatization process of INSIG, the largest state-owned insurance company in Albania. Supervised the assistance provided regarding the privatization procedures during all the privatization phases; preparation of the information memorandum, the confidentiality agreement, the data room, the share purchase agreement; assistance regarding any legal questions that aroused by the bidders during the privatization process; advice in the finalization of the privatization process as a whole; Advising EBRD and IFC in the context of acquisition of shares from INSIG and amendment of its by-laws post privatization; Advising Penta Investments a.s, a Czech International Private Equity Fund, in connection with privatization of a state owned petrol refinery and marketing company ARMO Sh.A.; Advising Croatian firm Industrija Nafte INA d.d., in the process of privatization of ARMO Sh.A. Involved in the due diligence process of ARMO Sh.A.; Advising Energie Steiermark ("ESTAG") an Austrian energy company with regard to its participation in the privatization process of the Albanian Distribution System Operator (DSO); Advising EBRD and BSTDB regarding a senior debt provided by a syndicate of lenders in the process of the privatization of Albtelecom Sh.A., the largest fixed telecommunication company in Albania; Advising EBRD (i) in connection with the financing of Albanian companies under the framework of a EUR 250,000,000 facility for banks, non-bank financial institutions, factoring companies, consumer finance companies, mortgage companies and insurance companies operating in Albania; (ii) in connection with a number of secured loans granted under its Western Balkans Sustainable Energy Direct Financing Facility to Albanian small and medium sized enterprises; Advising Alpiq Holding Ltd. a Swiss based power production company, in the process of biding and negotiating a concession agreement for designing, constructing and operating a hydropower plant in Albania. Interenergo d.d., a Slovenian power company, with regard to acquisition of rights in a hydropower plant project in Kosovo. Assistance to the client in the process of negotiation and drafting of contracts and other transaction documents in connection with transfer and assignment of rights of a US company operating locally a hydropower in Kozhnier (Decan, Kosovo), with the consent of KEK (Korporata Energjitike e Kosoves - Power Corporate of Kosovo); Advising the Ministry of Economy Trade and Energy of Albania in the drafting process of the Concession Law (actually in force); Advising Enel Spa, the largest power company in Italy, in the context of identification and assistance in drafting of applications for obtaining permits, authorizations, licenses for construction and operation of a thermo power plant operating with coal, marine facilities and power lines to Tirana 2 and to Italy; Legal advisor to OTP, a Hungarian bank. Conducted a legal due diligence of Savings Bank of Albania (Banka e Kursimeve), the largest state owned bank in Albania, in the framework of its privatization process; Legal advisor to International Finance Corporation (IFC) for Housing Finance Project in Albania with regard to the review and proposal of amendments to the Albanian legislation applicable to immovable properties and registration of the transaction related thereto; Conducted a due diligence to the Church of Jesus Christ of Latter - Day Saints in connection with the purchase of a land near Tirana; Legal assistance to the company Albanian Airlines in connection with the acquisition of an agricultural land; Legal assistance to Charles Street Securities, UK company that advises private and institutional investors and conducts investment banking and corporate finance activities, with regard to the acquisition of a certain amount of land in of Albanian coast line (Gjiri i Lalzit); Legal advisor to Edile Europe Srl. on property issues related to a development project after the acquisition of two plots of land in Pristine, Kosovo; Advising Balkimo sh.p.k, a company engaged in regarding immovable properties real estate activities, and in the context of transactions involving residences Tirana, Vlora and Saranda; Legal advisor to UNIQA Real Estate AG regarding the development of a real estate project over a plot of land located in Tirana; Legal assistance regarding investment projects in real estate in the cities of Vlora and Tirana on behalf of Albanian Property Investments Limited Sh.p.k and drafting/ reviewing of the transaction contracts; Advisory to the Albanian-American Enterprise Fund in the process of participating in SIGAL Sh.A through equity; Legal advisor to Albanian American Enterprise Fund, financial non-banking institutions licensed by the Bank of Albania, in charge of providing day-to-day advice on business and operational issues, equity transactions, loans, put and call options, various contracts; Legal advisor to IFC on finance projects/loans to local entities operating in the financial and manufacturing sectors; Legal advisor participating in the project "Survey of Administrative Barriers in Albania," contracted by FIAS, a joint venture of WB and IFC; Legal advisor in the SEED (Southeast Europe Enterprise Development)/IFC project "Establishment of a Credit Guarantee Institution in Bosnia & Herzegovina"; Advising Sacet Srl regarding the termination of Concession Contract with United Nations Interim Administration Mission in Kosovo; Legal advisory services to Raiffeisen Bank Albania regarding introduction of financial leasing in Albania; Advising Capitalia and Albanian Ministry of Finance (shareholders of Italian-Albanian Bank) with regard to the sale of their shares to the Italian bank San Paolo IMI (i.e. drafting and negotiating the share purchase agreement); Advising the joint venture "J/V C.I. SARANTOPOULOS SA & COSTRUZIONI FALCIONE GEOM. LUIGI S.r.l. Shpk." in the construction of the road segment Durres - Rrogozhine, as part of the 8th corridor, under the supervision of the Ministry of Road Transport and Telecommunications; Legal advisory services regarding their senior secured loan facility to Vodafone Albania Sh.A.; Legal advisor in the privatization of the Fushe-Kruje Cement Plant; Legal advisor in the privatization of Birra Malto Tirana; Legal advisor in AMBO (Albania, Macedonia and Bulgaria) Oil Pipeline Project; Legal advisor in the Rehabilitation Project in Rail Transport (CEEC project), etc; Legal assistance with regard to merger control filings in banking sector.
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Office Information

Sokol Elmazaj

Ibrahim Rugova Street
Tirana 1000

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