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CMS Advises Alpla on Joint Venture with Ecohelp and UPT

CMS Advises Alpla on Joint Venture with Ecohelp and UPT

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CMS has advised Alpla on forming a EUR 7.5 million joint venture together with Romania's Ecohelp and Switzerland's United Polymer Trading. Reportedly, Cabinet Costea advised Ecohelp and Furer Partner Advocaten advised UPT.

Alpla is an international company active in plastic packaging solutions.

According to CMS, "the three partner companies are investing equally in the plant, with a combined total of EUR 7.5 million. Importantly, Alpla, Ecohelp, and UPT will all contribute their own special expertise to the joint venture PET Recycling Team Targu Mures and create new jobs at the joint site." Production is scheduled to start as early as the middle of next year.

The CMS team was led by Vienna-based Partner Alexander Rakosi and included Vienna-based Partners Dieter Zandler, Attorney Georg Gutfleisch, and Associate Vanessa Horacek and Bucharest-based Managing Partner Horea Popescu, Senior Counsel Mihai Jiganie-Serban, Counsel Claudia Nagy, and Associates Cosmin Cretu and Cristina Ciomos.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.