The European market offers various advantages such as robust purchasing power, cutting-edge technologies, and stable legal systems, and has provided Korean companies with valuable opportunities to enhance their global competitiveness and secure new growth engines. Nevertheless, there are also various risk factors, including stringent EU regulations, post-Brexit uncertainties, and cultural differences.
Korea and European countries are strengthening cooperation in a variety of high-tech industries, including automotive, shipbuilding, IT, and biotechnology. The European market offers substantial opportunities for Korean companies to expand their global presence.
Since 2010, Jipyong has been providing reliable legal services in European countries through specialized practice groups composed of expert attorneys in each field at its headquarters, dedicated teams in each country, and foreign attorneys based on their specialized knowledge and regional expertise.
In order to successfully penetrate the European market, it is crucial to conduct thorough market research and analysis, to comply with the EU’s stringent regulations in areas like environment, product safety, and data privacy, to forge local partnerships, to secure differentiated competitiveness and to manage risk effectively. In response, Jipyong LLC has established strong business partnerships with various professional entities such as local law firms, accounting firms, technology advisory firms, and consulting firms to mitigate the risks of entering the European market while capitalizing on new business opportunities.
Key Practice Areas Close
- Establishment of local subsidiary, joint venture and strategic partnership
- M&A and acquisition of shares
- Project Finance and SOC
- Real estate development and acquisition of real assets
- International contracts, including technology transfer agreement and import & export agreement
- Dispute resolution including litigation and arbitration
Experience Close
- Advised Easy Bio Inc. on acquisition of shares in Pathway Intermediates Inc., a British bio company
- Advised Hana Asset Management Co., Ltd. on purchase of the Amazon.com logistics center in Poznan, Poland
- Advised Hana Asset Management and Korea Investment & Securities on the purchase of Amazon.com’s logistics center in Wrocław, Poland
- Advised SEAH Steel on the acquisition of shares in Inox Tech, an Italian steel pipe company
- Advised Palfinger, an Austrian heavy equipment company, on the acquisition of MCT Engineering’s assets
- Advised on the real estate development project in Scotland
