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2027 Edition
  • Financial and corporate
    15 firms ranked
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  • Project development
    9 firms ranked
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Boga & Associates maintains a leading position in the Albanian financial and corporate market, advising financial institutions, multinational corporates and investors across banking and finance, financial services regulatory, corporate transactions and commercial matters. The firm is particularly experienced in regulated sectors, where it combines transactional advice with expertise in corporate governance, regulatory compliance and financing matters. External market research similarly identifies banking and finance, corporate and commercial work, energy and regulatory compliance among the firm's core strengths.

The practice has a particularly established profile in banking and financial services, advising financial institutions on financing transactions, regulatory requirements, corporate governance and day-to-day banking matters. Current external profiles also identify the firm as advising banks and financial institutions on transactional and regulatory mandates.

The firm also maintains significant capabilities in energy and infrastructure-related work. The team advises developers, investors and financial institutions on the corporate, financing and regulatory aspects of major projects, including matters requiring interaction between energy regulation, investment structures and project development. Its broader market profile encompasses energy and utilities, infrastructure, real estate, construction and other regulated industries.

The firm's 2027 client portfolio demonstrates the breadth of the practice across banking, energy, consumer products and international investment. Its financial and corporate clients include Banka Kombëtare Tregtare (BKT), Avon Cosmetics Albania, Fashion Company d.o.o. Belgrade and Regency International ALB, while its project-related work includes Devoll Hydropower and Excelerate Energy Limited Partnership.

Key clients

Banka Kombëtare Tregtare (BKT); Excelerate Energy Limited Partnership; Avon Cosmetics Albania sh.p.k.; Fashion Company d.o.o. Belgrade; Regency International ALB., Devoll Hydropower; Excelerate Energy Limited Partnership.
Kalo & Associates maintains a strong position in the Albanian financial and corporate market, advising domestic and international clients across banking and finance, financial services regulatory, corporate transactions and project development. The firm combines established transactional capabilities with particular expertise in regulated sectors, regularly supporting clients on matters involving complex local regulatory requirements and cross-border structures.

The banking and finance practice advises on both transactional and regulatory matters, including financing arrangements, licensing, corporate structuring and financial services regulation. This year's research particularly highlights the team's capabilities in financial services regulatory work, with feedback recognising its expertise in banking regulation, licensing, corporate governance and complex shareholder structures.

The firm also maintains a prominent energy and infrastructure practice, advising developers and investors throughout the lifecycle of major projects. Its work encompasses project development agreements, power purchase arrangements, permitting, land rights and negotiations with public authorities. The firm's experience in this area is reinforced by a client base including major energy developers and international investors.

Clients consistently highlight the team's responsiveness, technical expertise and commercial understanding. Feedback points to its ability to combine detailed knowledge of the Albanian regulatory environment with practical, solution-oriented advice. In project development, clients particularly value the team's flexibility, understanding of complex energy and infrastructure matters and ability to support negotiations involving public-sector stakeholders.

Key clients

Inditex; Philip Morris; European Bank for Reconstruction and Development (EBRD); Voltalia; Lidl, Voltalia; Pumilis Holding GmbH; Lidl Albania; CWP Global; Akerni Solar Shpk.

Testimonials

“Strong regulatory expertise combined with practical and responsive advice.” (Financial services regulatory)

“Deep understanding of banking regulation, corporate governance and complex shareholder structures.” (Financial services regulatory)

“Responsive, commercially minded and flexible in complex project negotiations.” (Project development / Energy)

“Strong understanding of the local market and ability to provide practical solutions.” (Project development)

“Top-level legal support across complex energy and infrastructure matters.” (Project development / Energy)
ARS Legal & Financial Services View profile
Albania
AK PARTNERS Legal & Consulting
1 practice area
View profile
Albania
Drakopoulos
5 practice areas
View profile

Drakopoulos has been providing consulting and legal advice to businesses since 1992. The firm possesses extensive resources and know-how to cover a wide range of services and handle substantial and complex transactions; the firm’s deep and talented roster of legal professionals provides service quality and legal expertise, leveraging the interests of both domestic and international clientele, including multinational companies and companies listed on major stock exchange markets.

Drakopoulos responds efficiently to complex legal problems with flexible commercial solutions, helping clients to achieve their business objectives. The firm offers turnkey solutions to businesses from incorporation to liquidation, always keeping in mind that what clients need is not lawyers who just know the law and advise them on what they cannot do, but rather lawyers with high legal skills who understand their business vision and assist them with materializing their objectives in a secure, effective and sustainable way.

Drakopoulos is involved in all aspects of corporate life, by providing advice in the fields of Corporate, Mergers and Acquisitions, Commercial, Banking and Finance, Real Estate, EU and Competition, Public Procurement and PPPs, Industrial and Intellectual Property, Employment, Regulatory, Tax, and related Dispute Resolution, including arbitration and litigation before courts of all instances and jurisdictions, including the Court of Justice of the European Union and the European Court of Human Rights.

Drakopoulos is distinguished for providing quality legal services at the highest international standards. The firm’s “One Instruction, One Invoice” approach aims at offering a uniform service, geared towards having clients with multinational presence avoid dealing with multiple interfaces, legal systems and mentalities; instead, the firm offers one single point of reference, interface and style of service for multiple jurisdictions in the entire Southeast Europe (SEE) region and beyond, anywhere in the world.

When advising domestic and international clients, Drakopoulos maintains an active, efficient and pro-business approach smoothly coordinating the procedure across multiple jurisdictions, overcoming language issues and fee arrangement complexities.

Cucllari Law Firm
1 practice area
View profile
Albania
Bozo & Associates
3 practice areas
View profile

BOZO & Associates covers a wide range of expertise with professionals and partners with a strong experience in legal consulting since 1992. Areas of Practice: Corporate & Commercial, Energy - Oil & Gas, Employment & Migration, Banking & Finance,  Tax & Finance, Environmental, Litigation, Intellectual Property Rights, Maritime Law.

K&H Law Firm View profile
Albania
LPA
1 practice area
View profile
Albania
Cucllari Law
1 practice area
View profile
Albania
Optima Legal & Financial
5 practice areas
View profile
Albania
LPA Law Firm
2 practice areas
View profile
Albania
Loloçi & Associates
1 practice area
View profile
Albania
CLO Legal Solutions View profile
Albania
Ballanca Law Office
1 practice area
View profile
Albania
ShukeLaw
1 practice area
View profile
Albania
Dobjani Lawyers
1 practice area
View profile
Albania
Bendo Law Firm View profile
Albania
Inter Legal Albania View profile
Albania
Lamaj Law Firm View profile
Albania
A.R.S Legal & Financial Services
2 practice areas
View profile

ARS was established in January 2014, with the aspiration to become a leader in the Albanian market, and not only. Initially, it was established as a law office, but to respond to clients’ requests and needs, in January 2015, a year after it was established, it expanded its activity by establishing the Financial Department. It was precisely this union of ideas and profiles that, within a short time, made the ARS differentiated from its sister offices. As part of this expansion, clients could access two of the most important services in the business life and not only, within the same office.

Thanks to the quality of services and honesty of prices, today we enjoy the trust of a large number of clients, domestic and international. Customer confidence is the main motive for delivering a high quality service, being aware that our work is an added value in their performance. Our philosophy is “Motivated Employees, Satisfied Clients“.

Our value is qualitative staff who are constantly growing professionally, ready to propose ideas and design changes, bringing visible and satisfying results.

Boga & Associates
3 practice areas
View full profile

Boga & Associates, established in 1993, is a multidisciplinary law firm in Albania and Kosovo, earning a strong reputation for providing the highest quality of legal, tax and accounting services to its clients. With expertise across diverse fields including corporate and commercial law, banking and finance, tax law, M&A, procurement, concessions and PPPs, employment, IP, real estate and litigation, the firm assists a varied client base, encompassing Fortune 500 companies, leading financial institutions and organizations spanning industries, such as energy, infrastructure, technology, telecommunications, tourism, healthcare, etc.

Boga & Associates is highly regarded in the legal and tax profession, maintaining a consistent track record of tier 1 rankings across esteemed international directories and publications.

Renowned for its work and dedication to providing clients with exceptional service, Boga & Associates has established itself as a trusted name in the legal and tax industry.

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Deal Highlights
24 results24 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
VERBUND Hydropower - M&A
2021-09-01
Hoxha Memi & Hoxha
Albania
M&A
Shpati Hoxha
VERBUND Hydropower
Acquirer
VERBUND Green Power - Project development
2022-02-26
Hoxha Memi & Hoxha
Albania
Project development
Shpati Hoxha
VERBUND Green Power
Bidder
Blake, Cassels & Graydon - M&A
Hoxha Memi & Hoxha
Albania
M&A
Andi Memi
Blake, Cassels & Graydon
Acquirer
Giuntini SpA - M&A
2021-09-01
Hoxha Memi & Hoxha
Albania
M&A
Andi Memi
Giuntini SpA
Acquirer
Civil Engineering Institute Macedonia JSC Skopje - Project development
Hoxha Memi & Hoxha
Albania
Project development
Andi Memi
Civil Engineering Institute Macedonia JSC Skopje
Project company
Devoll Hydropower Sha - Project development
Hoxha Memi & Hoxha
Albania
Project development
Shpati Hoxha
Devoll Hydropower Sha
Concessionaire
KISI-BIO-ENERGJI Shpk - Project development
2021-10-20
Hoxha Memi & Hoxha
Albania
Project development
Pablo Vergara del Carril
KISI-BIO-ENERGJI Shpk
Concessionaire
Hec Vlushe Shpk - Project development
Hoxha Memi & Hoxha
Albania
Project development
Vladimir Dašić
Hec Vlushe Shpk
Concessionaire
Aleat Shpk - Project development
Hoxha Memi & Hoxha
Albania
Project development
Augusto Neves Dal Pozzo, João Negrini Neto
Aleat Shpk
Concessionaire
Energji Ashta Shpk - Project development
Hoxha Memi & Hoxha
Albania
Project development
João Negrini Neto
Energji Ashta Shpk
Concessionaire
Sky Master Project Holding Sha - Real estate project
Hoxha Memi & Hoxha
Albania
Real estate project
Andi Memi
Sky Master Project Holding Sha
Contractor
Confidential (International Underwriter of transactional insurance products) - M&A
2022-07-27
TashkoPustina
Albania
M&A
Flonia Tashko, Alban Shanaj, Floran Pustina
Confidential (International Underwriter of transactional insurance products)
Warrantor
Ministry of Culture of Albania - Fund formation
2022-04-28
TashkoPustina
Albania
Fund formation
Flonia Tashko, Floran Pustina, Alban Shanaj
Ministry of Culture of Albania
Partner
Asseco SEE - M&A
2022-10-19
TashkoPustina
Albania
M&A
Alban Shanaj, Floran Pustina
Asseco SEE
Acquirer
Taiwan (regency International Casino Tirana) - Restructuring
2022-07-22
TashkoPustina
Albania
Restructuring
Flonia Tashko, Floran Pustina, Kejsi Bakiu
Taiwan (regency International Casino Tirana)
Debtor
Çalik Holding Turkey - M&A
2022-04-07
TashkoPustina
Albania
M&A
Flonia Tashko, Floran Pustina, Alban Shanaj
Çalik Holding Turkey
Seller
Berlin Packaging - M&A
2022-07-14
TashkoPustina
Albania
M&A
Floran Pustina, Alban Shanaj, Kejsi Bakiu
Berlin Packaging
Acquirer
Raiffeisen Bank International, European Bank for Reconstruction and Development - Financing
2022-06-17
TashkoPustina
Albania
Financing
Florian Hasko, Flonia Tashko, Floran Pustina
Raiffeisen Bank International, European Bank for Reconstruction and Development
Lender
Aleat Shpk - Project development
2021-03-19
Hoxha Memi & Hoxha
Albania
Project development
Andi Memi
Aleat Shpk
Bidder
Banka Kombetare Tregtare BKT - Financing
2021-01-01
Boga & Associates
Albania
Financing
Genc Boga, Alketa Uruci
Banka Kombetare Tregtare BKT
Lender
1
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By Firm
3 results3 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
Boga & Associates
Albania
5
0
Hoxha Memi & Hoxha
Albania
12
0
TashkoPustina
Albania
7
0
12th annual awards announces winners
All the winning deals, teams, individuals and firms were revealed at IFLR’s ceremony in London on April 4
IFLR1000
IFLR1000 analyses the main projects and market trends across the sectors in the CEE
Besnik Duraj For more than two decades, the Albanian electricity power sector has been facing critical financial and operational problems, as a result of a number of issues and ensuing chain reactions. The most characteristic example is end consumers who do not pay the power distributors, who in turn do not pay the transmission operators, and so forth up to the power producing companies. With the entire electricity power system in a debt downward spiral, a major objective of the Albanian Government for 2015 is the reformation of the power sector by drafting a new bill. The new draft bill was approved during the Council of Ministers meeting on January 14 2015 and sent to the Parliament for debate and approval. Apart from financial goals, the said bill aims at fulfilling Albania's obligations in the context of the Energy Community Treaty. It seeks to harmonise the local power sector legislation with EU directives and rules, with a particular focus on the Third Energy Package for gas and electricity markets.
Ekflodia Leskaj The Government of Albania has issued the final version of the draft law on value-added tax (VAT). According to the Minister of Finance, once approved by the Parliament, the new VAT law is expected to enter into force on January 1 2015 and replace the existing law on VAT, as well as all respective regulations. The draft law has been prepared with the support of the EU, setting as its principal aim the harmonisation of legislation on VAT with the acquis communautaire, in compliance with the Stabilisation and Association Agreement. One of the main intentions of the draft law is to remove double VAT taxation for transactions between Albanian and foreign businesses located in any EU member state (according to the destination principle).
EBRD's Gian Piero Cigna analyses the results of a study which reveals that regulators in transition countries must reassess their regimes to permit boards to operate independently
Besnik Duraj The new Albanian government, formed after the 2013 general elections, has already fulfilled one of its election promises: the reform of the Albanian tax system from flat tax to tiered rates. Significant amendments have been introduced in the national laws on income tax, national taxes, tax procedures, excise, local taxes, value-added tax, the hydrocarbon tax system, and health contributions. The most important changes as of January 1 2014 are briefly presented below.
Dr Teuta Dobi Endrit Shijaku In an effort to make the most of the potential of the economy and to allow those holding so-called informal capital to begin freely investing with a clean slate, the government of Albania has put forward a much-debated law that provides for a limited tax amnesty and, more importantly, legalisation of capital. The law was recently passed by the Albanian parliament and takes effect from May 18 2011.
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