Projects

 

  • Local legal advisor of Bnt Rechtsanwälte GbR Germany and Lisa Draxlmaier Germany (Bnt client) in the procedure for establishment of DMM DRAEXLMAIER MANUFACTURING MACEDONIJA DOOEL Skopje before the Central Register of Macedonia; currently performing on-going legal advising and consulting activities for DMM DRAEXLMAIER MANUFACTURING MACEDONIJA DOOEL Skopje – 2012 - present.
  • Local legal advisor of Gunvor Raffinerie Ingolstadt GmbH and Gunvor Deutschland GmbH, Germany in cooperation with Taylor Wessing Partnerschaftsgesellschaft, Germany, in the preparation and submission of Notification of concentration before the Macedonian Commission for protection of competition – 2012. 
  • Local legal advisor of ENERGO PRO A.S. Czech Republic with regard to the public tender of the Ministry of Economy of the Republic of Macedonia for granting concession for use of water for generating of electricity from hydro power plants on the Crna River and participation in private public partnership with AD ELEM; Preparation of legal opinion with regard to the Contract for Water Concession and Contract for Public Private Partnership - 2011.
  • Local legal advisor of FOX International Channels Bulgaria and Italy on intellectual property and competition issues – 2010.
  • Local legal advisor of the Church of Jesus Christ of the Latter-day saints – in the process of establishment of the church as a legal entity in the Republic of Macedonia, corporate governance, regulation of temporary residence of foreigners - missionaries, tax related issues, preparation of legal opinions - 2010 – present.
  • Local legal advisor of the European Bank for Reconstruction and Development - 2000 - present:

 

    • Local legal advisor of the European Bank for Reconstruction and Development with regard to preparation of legal opinion regarding the loan agreement concluded with ITALIAN MACEDONIAN POWER GENERATION DOO Skopje, drafting of security documents and legal due diligence of ITALIAN MACEDONIAN POWER GENERATION DOO Skopje (2011-ongoing) in the projectWestern Balkans Sustainable Energy Direct Financing Facility ("WeBSEDFF"),
    • Legal opinion regarding the loan agreement concluded with HYDRO ENERGY GROUP DOO Skopje, drafting of security documents and legal due diligence of HYDRO ENERGY GROUP DOO Skopje (2011-2012) in the project Western Balkans Sustainable Energy Direct Financing Facility ("WeBSEDFF"),
    • Legal opinion regarding the loan agreement concluded with PCC HYDRO DOOEL Skopje, drafting of security documents and legal due diligence of PCC HYDRO DOOEL Skopje (2011-2012) in the project Western Balkans Sustainable Energy Direct Financing Facility ("WeBSEDFF"),
    • Legal opinion regarding the loan agreement concluded with MALI HIDRO ELEKTRANI DOO Skopje, drafting of security documents and legal due diligence of MALI HIDRO ELEKTRANI DOO Skopje (2010 – 2011) in the project Western Balkans Sustainable Energy Direct Financing Facility ("WeBSEDFF"),
    • Legal opinion regarding the loan agreement concluded with MIK Sveti Nikole DOO, drafting of security documents and legal due diligence of MIK Sveti Nikole DOO (2010) in the project Western Balkans Sustainable Energy Direct Financing Facility ("WeBSEDFF"),

     

    • Legal opinion regarding the loan agreement concluded with Ohridska Banka  AD and legal due diligence of Ohidska Banka AD (2009 – 2010),

     

    • Special Macedonian counsel for the European Bank for Reconstruction and Development for the Macedonian Crude Oil Pipeline Project, in connection with the debt investment in El Pet Balkanike S.A. Petroleum Trading & Investment - preparation of Second legal opinion for the Share Purchase and Concession Agreement, dated 8 May 1999, concluded between the Government of the Republic of Macedonia and the EL.P.ET. - Balkanike, Societe Anonyme Petroleum Trading and Investment, from Greece (2001),

     

    • Macedonian law effectiveness opinion for the execution of the Guarantee Agreement between Duferco International Investment Holding (Guernsey) Limited, the European Bank for Reconstruction and Development and Makstil AD, (2000).

 

  • Local legal advisor of UniCredit Bulbank Bulgaria in the preparation of the security documents - pledge agreement over share, pledge agreement over IP and pledge agreement over fixed assets - as security of the loan granted under the Senior Facility Agreement and the Intercreditor Agreement – 2009.
  • Local legal advisor of ING BANK with regard to the review and the providing of  comments to the Senior Facilities Agreement and the Intercreditor Agreement in legal matters relating to the Macedonian laws and regulations – 2009.
  • Local legal advisor of Marriot International, Inc. in the process of preparation of legal opinion regarding the tax laws and regulations – 2009.
  • Local legal advisor of Meinl International Power Limited’s (MIP) investment project in Macedonia  in the renewable energy sector; preparation of legal due diligence report; advisory activities for realization of the project 2008 – 2009.
  • Local legal advisor for Flughafen Wien Aktiengesellschaft, Austria in the tender process for provision of the Concession for Construction, Reconstruction and Operation of the Airports “Alexander the Great” in Skopje, “St. Paul the Apostle” in Ohrid and Cargo Airport in Shtip; preparation of legal due diligence report – 2008.
  • Local legal advisor of DUFERCO SA from Switzerland following the public tender of the Ministry of Economy of the Republic of Macedonia for granting concessions for use of water for electricity generation with small hydro power plants; provided legal advice with regard to the Tender Documents; preparation of legal opinion with regard to the Water Concession Agreement on construction of small hydro power plants related to electricity generation, both prepared by the Ministry of Economy 2008 – 2009.
  • Local Legal advisor of VISA International USA, in cooperation with White & Case USA, 2007 – 2008.
  • Legal advisor of BNP Paribas, France and Suisse (Legal Due Diligence and Legal Opinion 2007), (preparation of security documents 2010- 2011).
  • Legal advisor of Indominerals and Metals DOOEL Skopje, - member of Binani Group (Legal Due Diligence and Legal Opinion), 2007.
  • Legal advisor of VIP OPERATOR DOOEL Skopje, member of Mobilkom Austria group, 2007 – present.
  • Local legal advisor of IBM USA, 2007 – present.
  • Legal advisor of JT International AD SentaBelgrade, Serbia, 2007 – present.
  • Local legal advisor of IATA, Canada, 2007 – 2008.
  • Legal advisor of Mobilkom Austria AG in the process for granting an authorization for radiofrequencies utilization for a third operator of public communication networks and services in the Republic of Macedonia – 2007.
  • Legal advisor of EVN Makedonija AD Skopje, 2007 – present.
  • Legal advisor of EVN Makedonija Holding DOOEL Skopje, 2007 – present.
  • Local legal advisor in European Union funded Project of Approximation of the trade legislation- CARDS Program – 2005 - 2006.
  • Legal advisor of EMBRAER Brazil in the project of leasing aircrafts to local aviation company, 2005.
  • Legal advisor of JAPAN TOBACCO INDUSTRY through FRESHFIELDS BRUCKHAUS DERINGER, United Kingdom, regarding the regulation of the tobacco industry, 2003 – present.
  • Legal advisor of BOMBARDIER AEROSPACE, Canada, in the project Request for Bid for the provision of one aircraft for the needs of the Republic of Macedonia - Department of Administrative and Common Matters, 2004.
  • Legal representative and advisor ES-KO International Monaco, 2001– present.
  • Legal advisor of CIT GROUP/CAPITAL FINANCE, USA and CIT GROUP France in the project of leasing aircrafts to local aviation company, 2000, 2004-2005.
  • Legal advisor of GE Capital Aviation Services, Ireland in the project of leasing aircrafts to local aviation company, 1999-2004.
  • Legal representative and advisor of Reemtsma, Germany and Tobacna Ljubljana, Slovenia, in their commercial and economical presence in Macedonia, 1998.
  • Legal consultant in many international projects, financed by the World Bank, the European Bank for Reconstruction and Development and other donors, providing legal opinions in relation to the improvement of the legal regulation and the practice regarding the antimonopoly dealing of the companies.
  • Legal representative and advisor of Media Development Loan Fund, New York, USA, for preparation of pledge and mortgage contracts, realization of the pledge, as well as in the court procedures in Macedonia, 1997 – 2008.

EU projects

  • Legal expert in the European Commission project "One stop shop for business licences and permits", FWC BENEFICIARIES 2009-LOT 10: Trade, Standards and Private Sector EuropeAid/127054/C/SER/multi, 2011 - present.
  • In the European Commission Project - local legal advisor in the Consortium of BERLIOZ CONSULTING Paris, France in the CARDS Program Project for supply of services the objective of which was to provide "Technical Assistance for Copyright and related rights protection” to the Government of Macedonia, and to ensure effective application and enforcement of the regulations under the Law on Copyright and related rights, 2004.
  • Local legal advisor in the Consortium of the Price Waterhouse Coopers, CMS Cameron McKenna and ATKINS on the European Commission Project for creation of the Regional Balkans Infrastructure Study - Electricity (REBIS) and Generation Investment Study (GIS) Project, 2004-2005.

Specific Experience

  • Actively involved in preparation of article in Getting the Deal Through – MERGER CONTROL 2007, 2008, 2009, 2010, 2011, 2012 and 2013 editions - the international regulation of mergers and joint ventures in 46 jurisdictions worldwide, with reference to the Macedonian jurisdiction.
  • USAID, MBEA - Corporate Governance Project - Pilot Enterprise Programme, 2007-2008.

 

  • Short term consultant on IFC Corporate Governance Program - In-company Intervention, 2006 – 2007.
  • Legal expert in the Pilot Enterprise Project for providing Legal Consulting Services in the USAID Corporate Governance and Company Law Project, 2004-2005.
  • Advising the World Bank on Doing Business Project an annual publication of the World Bank and the International Finance Corporation that benchmarks business regulation in 178 economies worldwide, 2005 – present.

Mergers & acquisitions and banking

  • Local legal advisor of Mobilkom Austria Aktiengesellschaft in the process of acquisition of 100% of the shares of OTE MTS from Netherlands (100% owner of Cosmofon JSC Skopje and Germanos Telecom JSC Skopje); preparation of legal due diligence report  - 2009.
  • Local legal advisor of Steiermarkissche Bank und Sparkassen AG, Austria in the process of acquisition of 100% of the shares of InvestBanka JSC Skopje; preparation of legal due diligence report; legal assistance and representing function in the licensing process with the National Bank of the Republic of Macedonia, the Securities Commission of the Republic of Macedonia and the Commission for Protection of the Competition of the Republic of Macedonia 2007 – 2008.
  • Local legal advisor of AIG Capital Management, Poland in the process of preparation of legal due diligence report for the acquisition of the majority stake of shares in Stopanska Banka JSC Bitola 2007 – 2008.
  • Local legal advisor of Alfa Finance Holding AD, Sofia, Bulgaria, in the process of an acquisition of majority stake  of  share  in  International Private Bank (IPB) JSC Skopje, 2007.

 

  • Legal advisor of TELECOM SLOVENIJE d.d. Ljubljana in the process for taking over paid-in capital in On.net Information System Company, Skopje, 2006.
  • Local legal advisor of EVN AG Austria, for the project of privatization of TEC Negotino – Negotino, and preparation of legal due diligence report (2006); currently performing on-going legal advising and consulting activities for EVN AG Austria.
  • Legal advisor of EVN AG Austria in the project of privatization and purchase of 90% of stated owned ordinary shares in the Joint stock Company for distribution and supply of electricity Elektrostopanstvo na Makedonija, and preparation of legal due diligence, as result to which EVN AG procured 90% of the state owned shares (2006), currently performing on-going legal advising and consulting activities for EVN AG Austria.
  • Local legal advisor and representative of EUBK Holding Inc., USA in the process of bank acquisition in the Republic of Macedonia, 2006.
  • Local legal advisor of MATAV Rt, HTC Ltd – Hungarian Telecom, in the project for purchase of ordinary shares in the JSC for telecommunications “Macedonian Telecommunications” Skopje, preparation of legal due diligence report – 2000 - 2002.
  • Legal advisor in the project for purchase of ordinary shares in the joint stock company “Tutunski Kombinat” Skopje by “Reemtsma”, Germany through “Tobacna” Ljubljana, - 1998 - 1999.
  • Legal adviser for the project of Share Purchase of “Stopanska Banka”, Skopje, together with Legal Consultants “Constant & Constant Solicitors”, London; 1996 - 1998.
  • Stopanska banka AD Skopje; Law on Sanation of the Banks – amendments; Preparation of the draft text of the amendments to the Law on Sanation of the Banks for perfect legal realization of the privatization of STOPANSKA BANKA AD Skopje, 1998.

Dispute Resolution and Contract enforcement

  • CAKMAKOVA Advocates practice covers all types of commercial cases before Macedonian courts and aims for effective dispute resolution while dealing complex cases with an international background.
  • CAKMAKOVA Advocates handles substantial disputes in diverse legal areas such as debt recovery and performance of commercial contracts, unfair competition, compensation of damage, infringement of intellectual property rights, employment relations and relations between companies and member of their bodies, protection of personal rights in particular in the area of economic crimes.

 

 

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