Spasov & Bratanov advised NPM Investments XI B.V. in relation to Euro 125 million public to private financing for the acquisition of the entire capital of ICT Group, headquartered in the Netherlands and operating in Benelux, Sweden, Germany, Portugal and Bulgaria. NPM Investments is part NPM Capital Fund, an investment fund in existence since 1948, established to provide risk capital to Dutch companies, known for helping companies to grow in their future development. ICT Group is a market leader providing total solutions for industrial automation and multi-domain knowledge to innovative solutions. Our work with the client allowed us to further develop our financial practice while entering into the world of innovative technologies and modern solutions. Nadia Hadjova was leading the process related to the Bulgarian legal work, Krasimir Mitkov provided key legal assistance and Vladimir Tashev and Elefteria Dobreva were supporting the team.
Date: March 2022 Source: Spasov & Bratanov Lawyers’ PartnershipTHE EU AI ACT: KEY OBLIGATIONS TAKING EFFECT AS OF AUGUST 2ND 2026 Introduction Recognizing both the opportunities and the risks associated with the rapid development of artificial intelligence