INVESTMENT PROJECTS. REAL ESTATE
We have been actively engaged for many years to advise the investment undertakings of the Royal Dutch Shell Group in Bulgaria, comprising among all:
expansion of the petrol stations distribution channels of Shell Bulgaria Jsc. whereby we performed legal due diligence and took part in negotiations and drafting of agreements referring to:
- the purchase by Shell Bulgaria Jsc. of Amoco Bulgaria as a going concern;
- the purchase by Shell Bulgaria Jsc. of a network of petrol stations of Litex Commerce Ltd.;
- a number of further greenfield acquisitions of plots for construction of petrol stations as well as purchases of petrol stations at different phases of construction;
incorporation of the other Royal Dutch Shell company in Bulgaria – Shell Gas Bulgaria Jsc. (at present Vitogaz Bulgaria Jsc.), legal support on commencement of its business in Bulgaria and setting up of its distribution channels countrywide;
thorough legal advice of Shell Gas Bulgaria Jsc. (at present Vitogaz Bulgaria Jsc.) including nowadays, following the transfer of ownership as outlined herein;
construction and putting into operation of the gas-filling plant of “Shell Gas Bulgaria” Jsc.
The successful accomplishment of the aforesaid investment projects of "Shell Bulgaria" Jsc. and "Shell Gas Bulgaria" Jsc. resulted in distinguishing the company Royal Dutch Shell with the prize "Foreign Investor for 1998" of the Agency for Foreign Investments in Bulgaria.
In 2007 Royal Dutch Shell sold its business with gas and related products in 5 countries in Europe including Bulgaria to Rubis Group. We acted as counsel of both seller Royal Dutch Shell and Shell Gas Bulgaria Jsc. in relation to the equity transaction. After the change of control on the company the new shareholders trusted again Kalaidjiev & Georgiev Law Firm and we are now continuingly engaged with thorough legal advice of Vitogaz Jsc. We feel very motivated by such examples of appreciation of our professional work.