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BDK Advokati AOD

Work +381 11 3284 212
Fax +381 11 32 84 213
Banja Luka, Belgrade, Podgorica

Dragoljub Cibulić

Work +381113284212
BDK Advokati AOD

Work Department

Real Estate & construction; energy and natural resources; infrastructure.


Senior partner


Dragoljub is the head of BDK’s Real estate and Construction department as well as the Infrastructure and Energy practice group with more than 15 years of experience in and with large enterprises in Serbia and in the region. He offers full–service legal support in real estate and construction, energy, oil and gas and mining sectors, from regulatory advice, to M&A, construction and project finance sides of the projects. Dragoljub has advised on the most prominent transactions in the context of the privatisation, greenfield and brownfield investments, PPPs and joint ventures in the region.


Dragoljub is fluent in English.


Belgrade Bar; IBA.


LL.B., Law School of University of Belgrade (2002).


Leading firms

Within: Leading firms

BDK Advokati¬†is highly rated for its advice on M&A transactions, real estate and construction, and energy matters. The team, which is led by Luka Popovińᬆin Podgorica, often works in cooperation with the firm's Serbian office, as exemplified in its advice to the government of Montenegro alongside Serbia-based¬†Tijana Kojovińᬆon the exit of A2A from a shared ownership in the majority state-owned electricity producer EPCG and its reprivatisation. Popovińá also assisted Iberostar with its expansion in Montenegro, including the acquisition of local companies involved in several hotel projects. Belgrade-based Dragoljub Cibulińᬆacted for CGES and the government of Montenegro on the development of an underwater power cable between Italy and Montenegro jointly with the Italian transmission system operator Terna.

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Banking and finance

Within: Banking and finance

Working for both lenders and borrowers,¬†BDK Advokati¬†stands out for its experience in Loan Market Association and international swaps and derivatives association¬†documentation and hedging transactions. Tijana Kojovińᬆadvised Soci√©t√© G√©n√©rale (as agent) and a syndicate of commercial bank lenders, on a ‚ā¨3.05bn credit facility provided to a subsidiary of PPF Group for the acquisition of Telenor's CEE business.¬†Dragoljub Cibulińᬆand senior associate¬†Dragoljub Sretenovińᬆare other names to note.

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Projects and energy

Within: Leading individuals

Dragoljub Cibulińá - BDK Advokati

Within: Projects and energy

BDK Advokati's expertise¬†includes both project financing and overall ¬†project implementation. The team advised¬†Enlight Renewable Energy (as sponsor) and Electrawinds K-Wind (as borrower) on the ‚ā¨142m project financing for one of Serbia's largest wind farms.¬†Dragoljub Cibulińᬆheads the firm‚Äôs energy and infrastructure practices.

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Real estate and construction

Within: Leading individuals

Dragoljub Cibulińá - BDK Advokati

Within: Real estate and construction

BDK Advokati¬†is experienced in¬†International Federation of Consulting Engineers (FIDIC)-based construction contracts, complex asset purchases, retail park developments and assisting hotel operators; the team also advises on energy-related real estate matters. It enjoys¬†a decade-long relationship with high-profile Israeli real estate developer, Aviv Arlon, for whom it recently acted on a residential complex development in Belgrade.¬†Dragoljub Cibulińᬆheads the real estate and construction department;¬†Milan Dakińᬆis also an experienced practitioner.

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BDK Advokati AOD

Legal Developments in Serbia

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