An international team of global legal practice Norton Rose Fulbright has advised Sumitomo Electric Bordnetze GmbH, a group company of Sumitomo Electric Industries, on a contractual joint venture with a Belarusian supply business. The joint venture was implemented for purposes of supplying Volkswagen Group Russia with wire harnesses. The project is a major step on enlarging the activities of Sumitomo Electric Bordnetze GmbH on international growth markets (more…)

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The Kazakhstan, Moscow and Brussels offices of global legal practice Norton Rose Fulbright have advised Yildirim Group, a Turkish diverse holding group, on its planned $425 million acquisition of ferroalloy assets from OAO Mechel. The transaction was announced by Yildirim and Mechel on 1 August 2013 (more…)

www.lowenstein.com

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Dentons is advising the shareholders of NCC Group Limited, a major container terminals operator in Russia, on the sale of 100% of NCC Group’s shares to LSE-listed Russian ports operator Global Ports, for a cash consideration of US$291 million and new shares representing approximately 18% of the enlarged share capital of Global Ports to be issued to the sellers, of which 50% will be in the form of GDRs and 50% will be non-voting shares (more…)

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International law firm Freshfields Bruckhaus Deringer has advised London-listed Global Ports on its $1.6bn acquisition of Russia’s National Container Company. The deal unites Russia’s two biggest container operators (more…)

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Baker & McKenzie advised Costa Crociere S.p.A. on a time charter of its Grand Holiday cruise ship to Rosmorport, a Russian state-owned company responsible for the development of Russian marine transport (more…)

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Vinson & Elkins advised China Petroleum and Chemical Corp. (Sinopec Corp.) in its joint venture with SIBUR, a leading Russian gas processing and petrochemicals company, in the development of the Krasnoyarsk Synthetic Rubber Plant (KZSK). Sinopec purchased 25 percent + 1 share of KZSK (more…)

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Akin Gump Strauss Hauer & Feld LLP represented RosEvroDevelopment in its acquisition of the 150,000 square meter Aura shopping mall in Novosibirsk, Russia, from Renaissance Development and Amstar (more…)

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A cross-border team of Dechert lawyers is advising Russia’s Mechel OAO (NYSE:MTL; “Mechel”) on its planned disposal of several ferroalloy assets to Turkey’s Yildirim Group. According to the agreement, which was announced today, Yildirim Group will acquire Mechel’s Voskhod Mining Plant (in Khromtau, Kazakhstan) and Tikhvin Ferroalloy Plant (in Tikhvin, Leningrad Region, Russia) for a total of U.S.$425 million. Yildrim Group was the winning bidder in a tender process to acquire the assets. The deal is subject to receipt by the parties of certain governmental approvals in Russia and Kazakhstan, including the waiver of the Kazakhstan state pre-emptive right, on which Dechert is also currently advising (more…)

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To reinforce the business cooperation and friendly exchanges with its Russian clients Deheng Law Group has opened a new office in Moscow. Legal Assistant Luan Chaozhou was appointed as chief representative of the Office. The new office will be under the supervision of the International Practice (more…)

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Global specialist law firm Dechert LLP announced today that it is expanding its corporate and real estate expertise in Russia with the arrival of partner Dr. Taras Oksyuk, who will lead the firm’s Russian real estate and construction practices in Moscow. Oksyuk was most recently a partner at a major transatlantic international law firm, where he headed the Russian real estate and construction practices (more…)

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International law firm Clifford Chance announced that Louis Skyner has joined the firm as a counsel in the Moscow office. Skyner’s practice includes more than ten years of work in the oil & gas sector – an area of strength for Clifford Chance Moscow that will be further bolstered by Skyner’s presence (more…)

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Akin Gump Strauss Hauer & Feld LLP advised Statoil, the Norwegian state oil and gas company, in concluding a Heads of Agreement with Russia’s Rosneft Oil Company to explore for shale oil in Russia’s Samara region (more…)

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