Next Generation Partners

Commercial, corporate and M&A in Bosnia & Herzegovina

CMS Reich-Rohrwig Hainz D.O.O. in cooperation with local lawyers

Servicing an impressive list of domestic and international clients, the corporate and commercial team at CMS Reich-Rohrwig Hainz D.O.O. in cooperation with local lawyers regularly handles energy-related public sector work in the Western Balkans, together with broad advisory work for corporates. Andrea Zubović-Devedžić  leads the team with Indir Osmić, advising on the full range of M&A structuring, banking and finance transactions and litigations. The team also handles a large volume of regional regulatory work. Ana Terzić and Dario Hadžisaković assist on acquisition-related advisory work.

Practice head(s):

Andrea Zubović-Devedžić; Indir Osmić

Other key lawyers:

Ana Terzić; Dario Hadžisaković

Key clients

Mutares SE & Co. KGaA

Wizz Air Zrt.

European Bank for Restructuring and Development

Containex Container-HandelsgesellschafT M.B.H

Atradius collections B.V.

Otis AG

Wizz Air Hungary Zrt.

Hitachi Energy


Sportradar Group AG

Soda Sisecam Lukavac

Interenergo d.o.o. a Slovenian subsidiary of Kelag

Work highlights

  • Advised Mutares SE & Co. KGaA on acquisition of shares in the target – Cimos manufacturer and supplier of parts and accessories for motor vehicles in multiple jurisdictions.
  • Advising Atradius Collections B.V. on acquisition of shares in the target – a group of debt collection companies operating in multiple jurisdictions.
  • Advising Grohe GmbH Grohe Adria on establishment of the limited liability company and various additional corporate matters.

Dimitrijevic & Partners

The corporate and commercial practice at Dimitrijevic & Partners is active in advising and representing an impressive roster of international and domestic commercial clients. Stevan Dimitrijevic, Davorin Marinković, and Nina Vještica jointly lead the team, advising inbound investors and clients on their entry into the Bosnian market, commercial contracts, and corporate governance. They regularly advise commercial firms in highly regulated industries, and majority shareholders in restructurings and dispute settlements. Focusing on domestic companies in corporate and commercial matters, Tanja Savičić is also recommended.

Practice head(s):

Stevan Dimitrijević; Davorin Marinković; Nina Vještica

Other key lawyers:

Tanja Savičić


‘Recently, we have been working with the firm on several projects. The team led the process smoothly, providing all information, explanation, and guidance needed. Professionalism, experience, out-of-box thinking lead us to successful completion of every legal matter on which we had worked on. We are highly satisfied with the firm and from our point of view everything is quite good.’

‘Our key contact in firm is Nina Vjeshtica, whom we consider as highly professional and capable to provide advice for any question we might have.’

Work highlights

Karanovic & Partners in cooperation with local lawyers

Karanovic & Partners in cooperation with local lawyers‘ corporate and commercial team provides comprehensive legal advice to inbound companies, including transactional documents, due diligence work, and regulatory support. Nihad Sijerčić leads the practice, focusing on cross-border corporate asset transfers, while Amina Đugum Brkanic leads on asset sales in insolvency cases regarding Bosnian law matters. The team regularly assists minority shareholder squeeze-outs and drafting share purchase agreements. Marija Pušić is another key member of the team, assisting with acquisitions in TMT and other highly regulated sectors.

Practice head(s):

Nihad Sijerčić

Other key lawyers:

Amina Đugum Brkanić; Marija Pušić


‘KP’s office in Bosnia is bringing top-level international corporate law standards to a market that is generally insular and underdeveloped. They have a keen understanding of local practice and circumstances and are able to understand international corporate standards and requirements, to manage transactions in the best way possible.’

‘Nihad Sijerčić is one of the most dedicated, hard-working and client-oriented lawyers I know in the wider region, and he manages his team with gusto and aplomb.’

Key clients

United Group

Bucaj International

IFFCO group

Veritas AG

Philip Morris


Eco Investment

GLS Alternative Investment


Via Media


Microsoft Corporation Inc.



Work highlights

  • Advised Asamer Baustoffe AG on corporate and regulatory affairs of its Bosnian subsidiary.
  • Advised Bucaj International (a franchisee of Burger King) with all matters related to its entry to Bosnian market.
  • Advised United Group, a multinational regional telecom and media conglomerate, in a number of proceedings before the competition authorities and telecom regulators in Bosnia and Herzegovina with respect to content and infrastructure, as well as wholesale and retail operations.

Maric & Co Law Firm

Lauded as the ‘best law firm in Bosnia and Hercegovina,’ the corporate and commercial team at Maric & Co Law Firm provide the full range of corporate and commercial legal counsel to inbound international clients. Co-led by Bojana Bosnjak-London and Dijana Ivanovic, the team handles refinancing issues, implementations of transfers, takeovers and squeeze outs, and acquisitions in renewable energy. On the cross-border front, the team handles multijurisdictional shareholder issues, and transfer disputes in highly regulated industries. Tajana Batlak-Voloder assists with corporate and regulatory advisory work, while Slaven Dizdar is also recommended.

Practice head(s):

Bojana Bošnjak-London; Dijana Ivanović

Other key lawyers:

Tatjana Balatak-Voloder; Slaven Dizdar


‘Marić & Co Law firm is unique in creativity when dealing with courts, registers, and administrative matters within extremely layered and complicated legal system of Bosnia and Herzegovina. Their experience, knowledge and network enables them to always excel in finding the best and fastest solutions in implementing and registering relevant corporate changes.’

‘Slaven Dizdar is very calm, analytical and rational lawyer. His knowledge, logic and attitude are must have in the process of complex and painstaking negotiations. He is very good in detecting and rejecting unnecessary and costly request from counterparty, always having his client’s best interest in mind.’

‘Dijana Ivanović is very knowledgeable and client oriented lawyer knowing all the tips and tricks to help foreing clients doing business in Bosnia and Herzegovina.’

‘The team was highly cooperative and informative as they continuously communicate the various aspects relating to our lawsuits. Additionally, they were willing to jump on a quick call whenever needed which shows a high level of professionalism.’

‘Bojana demonstrated deep legal knowledge and experience which has affected the outcome of our lawsuits. She was always cooperative and responsive to our concerns and last minute call requests.’

‘This is the best law firm in Bosnia and Herzegovina. They have a lot of lawyers, and they all specialize in their field. That makes them the best law firm we have worked with in Bosnia. ’

‘We have recently worked on a project with Bojana Bošnjak-London She is a stand out, excellent individual, with fantastic knowledge of BH laws, regulatory regime, but also with practical, easy to implement solutions and ideas. This is something that we appreciate very much – we can very easily communicate with lawyers in Marić & Co, find solutions and serve our clients in the best possible way.’

‘Another individual who was involved in our project was also Tajana Batlak-Voloder. She was very practical, helpful and knowledgeable.’

Key clients







M.T. Abraham Group


Porsche BH

Inditex S.A.

Coca Cola HBC BH

Adriatic Metals PLC

Fortenova Group d.d.



Work highlights

  • Advised M.T. Abraham on all aspects of restarting the production of aluminum smelter in Bosnia and Herzegovina
  • Advised SECO on acquisition of Camozzi Digital group.
  • Advised Fortenova Grupa d.d. on the intra-group restructuring and merger.

Law Office Miljkovic & Partners

The corporate and commercial practice at Law Office Miljkovic & Partners is renowned in the market for advising an impressive roster of clients on the full range of corporate and commercial matters in various highly regulated sectors. The team regularly advises commercial, investment, and development banks, and other financial institutions with 'exceptional expertise.' Sead Miljković, Amar Bajramović, and Maja Simunac jointly lead the team, handling significant M&A projects, multijurisdictional transactions, and public procurement related matters. Handling arbitral proceedings in investment related damages, disputes before local courts, and international arbitration in the hospitality sector are other key strengths of the team.


Practice head(s):

Sead Miljković; Amar Bajramović; Maja Šimunac


‘Each of them sometimes stepped in and provided support and a solution to the problem in the short time we had. It is difficult to single out just one person.’

‘The team is more than competent to handle complex legal matters, they have experience and knowledge and we always feel very confident when engaging them. I would say that their approach stands out. They are solution focused, quick in responding and extremely dedicated. Such level of service is rarely found in local companies, and international ones offer very high rates and usually do not have that strong individuals locally. The entire team is very responsive and efficient and able to go extra mile.’

‘I mostly work with partners Sead Miljković, Amar Bajramović and Maja Šimunac. I have worked with Sead before and have always been pleased with the level of service he provided. He is upfront and business oriented, with focus on solutions. We have also been pleased with level of services Maja has provided. She has strong drafting skills and is able to provide innovative solutions. I have also been working previously with Amar Bajramović, very good and experienced lawyer. His approach stands out, he is out of the box thinker and it has always been great pleasure to work with him.’

‘The firm placed a strong emphasis on understanding and meeting the unique needs of each client.’

‘The team demonstrated exceptional expertise in their respective areas of law.’

‘I worked with Amar Bajramović and Maja Šimunac. They both took the time to build strong relationships with client, ensuring that they felt heard and valued throughout the legal process. Each attorney was well-versed in the nuances of their practice area, allowing for a deep understanding of the legal landscape.’

‘The team offers practical solutions and are very professional. ’

‘Amar and Maja are the team members I was working with and both proved to be efficient, honest and detailed in their approach. ’

Key clients

HTEC Group



Regional Cooperation Council

dm drogeriemarkt

LC Waikiki Group

ASA Prevent Group

Work highlights

  • Advising HTEC Group in relation to acquisition of Mistral Techologies one of the leading software engineering companies in Bosnia and Herzegovina.

Law Office Mirna Milanovic-Lalic

Specialising in corporate and commercial transactional work, Law Office Mirna Milanovic-Lalic services clients in a wide range of sectors including TMT, entertainment, and marketing. The team is jointly led by Mirna Milanovic-Lalic and Jasmina Suljović  with ‘expert knowledge in M&A,’ handling regulatory compliance matters, commercial agreement drafting, and shareholder change and registration. The team also handles public procurement procedures.

Practice head(s):

Mirna Milanović-Lalić; Jasmina Suljović


‘The team members are knowledgeable in the commercial, corporate and M&A practice area and have been proven able to provide advice and solutions to even the most complex matters that arise. They are a forward-thinking and solution-oriented team, responsive, commercially aware and insightful.’

‘I would like to stand out Mirna Milanović-Lalić. She is professional, responsive and provides concise and considered advice. I appreciate the easy communication, good analysis and strategy.’

‘The team is responsible and able to address the client’s requirements quickly and efficiently, while keeping the client informed of all developments of the case. The team stands out from others due to their professionalism, transparency and experience.’

Key clients


Ernst & Young

Football Club Sarajevo

Fox Metal

Pliva, member of Teva

McCann d.o.o.

Rain International d.o.o.

Glosarij d.o.o.

Telemach d.o.o.

Orka d.o.o.

Privee d.o.o.

Bristows LLP London

Promo Veritas

Ministry of Programming d.o.o.

Work highlights

Advokat Femil Curt-Law Office

Managing partner Femil Čurt leads the corporate and commercial practice at Advokat Femil Curt-Law Office, advising on a range of regulatory, M&A, investment, and project finance matters. Nejra Suljić and Dijana Karaman are other key lawyers, advising on public procurement, complex cross-border transactions, and litigation work. The team regularly represents domestic firms in share transfer agreements and resignations, mergers between related entities, and advises on general corporate and regulatory issues.

Practice head(s):

Femil Čurt

Other key lawyers:

Nejra Suljić; Dijana Karaman

Key clients

Unicredit Bank

Addiko Bank

Intesa Sanpaolo Bank

Raiffeisen Bank

Nestle SÁ


DLA Piper

Mladen Matković

CETEOR d.o.o.

US Embassy

Work highlights

  • Advising a Dutch owned company for construction and materials, HEMTECH d.o.o., on a merger between two related entities.
  • Advising a local company for energy, CETEOR d.o.o., on transfer of shares, resignation, and accession of a member.
  • Advising two shareholders of a local branch of a major international audit, tax and consulting company, “RSM Audit BH” d.o.o. Sarajevo, in all aspects of the transaction.

Doklestic Repic & Gajin

With offices in Serbia, Montenegro, and Bosnia and Hercegovina, Doklestic Repic & Gajin stands out for its regional presence and ‘exceptional expertise,’ in corporate and M&A work. The group is led by Bojan Peulic and Kerim Karabdic from Bosnia and Slobodan Doklestic and Dragan Gajin from Serbia. The team regularly advises foreign investors in joint ventures, provides full transactional advisory support, and advises on various regulatory frameworks. The team also assists domestic clients in the insurance sector on appointments and dismissals, and minority shareholder relations is another strength of the team. On the merger control side, the practice advises foreign banking conglomerates.

Practice head(s):

Slobodan Doklestic; Bojan Peulic; Kerim Karabdic; Dragan Gajin


‘I am delighted to provide an unequivocally positive recommendation for Doklestic Repic & Gajin law firm, particularly in the realm of corporate and M&A work. The exceptional level of expertise and dedication displayed by the entire team, under the leadership of managing partner Slobodan Doklestic, has consistently exceeded our expectations.

‘Slobodan Doklestic’s leadership and guidance have been nothing short of exemplary. His wealth of experience in corporate matters, coupled with a strategic mindset, has been pivotal in steering our corporate ventures towards favorable outcomes.’ 

‘Slobodan Doklestic and Marko Repic have consistently showcased their adeptness at navigating complex mergers and acquisitions, as well as intricate corporate structures, setting them apart from competitors.’

‘Doklestic Repic & Gajin law firm has consistently demonstrated excellence in the areas of commercial, corporate, and M&A law. Their team of professionals boasts unparalleled expertise and years of experience in navigating the complexities of these domains. Their unwavering commitment to delivering practical solutions to intricate legal challenges is truly commendable and aligns seamlessly with the needs of businesses.

‘One of DRG’s most notable strengths is its regional capacities across the former Yugoslavia region, including their well-regarded office in Bosnia and Herzegovina. This regional presence enables them to provide clients with invaluable insights into the legal landscapes of multiple jurisdictions, facilitating cross-border transactions and expansion opportunities.’

‘I am happy to endorse Doklestic Repic & Gajin law firm for their exceptional expertise in corporate and M&A work. DRG’s dedication to transactional excellence, meticulous negotiations, precise drafting of documents, and strategic deal structuring sets them apart on the Bosnian legal market.’

‘Slobodan Doklestic and Bojan Peulic, in particular, exemplify unwavering commitment and unparalleled skill in navigating complex corporate transactions. Their insight, diligence, and innovative thinking have consistently proven invaluable in achieving favorable outcomes for clients.’

‘Slobodan Doklestic of Doklestic Repic & Gajin truly exemplifies market leadership and extensive experience in corporate and M&A work. His seasoned expertise, coupled with an innate ability to provide insightful guidance to clients, distinguishes him as a standout professional in the field. Slobodan’s wealth of experience is an invaluable asset to any client, ensuring that their interests are not only protected but optimized, making him a trusted advisor for complex corporate transactions and M&A deals.’

Key clients


Beijing New Building Materials Plc.

Philip Morris

Nelt Co.

MOL Group


Medicover / Synevo Laboratories

Hewlett Packard Inc.




UniCredit Bank

NLB Bank

Saint Gobain

DT Termo RUS

NIS Oil & Gas Industry

Addiko Bank

Fortis Group

Krajina Insurance Co.

Work highlights

  • Advised Beijing New Building Materials (BNBM) in relation to EUR 60 million joint venture with Coal Mine and Thermal Powerplant “Ugljevik.”
  • Advised Philip Morris International with regard to the compliance of their group Employee Award Stock Program with the local regulations in Bosnia and Herzegovina.
  • Advised insurance company Krajina Osiguranje on reorganization and buy-out of minority shareholders.

Moravcevic Vojnovic and Partners in cooperation with Schoenherr

Jointly led by Matija Vojnovic and Luka Lopičić, the commercial, corporate, and M&A team at Moravcevic Vojnovic and Partners in cooperation with Schoenherr has extensive expertise in project related work, particularly in government-related areas including PPPs, energy related disputes, and privatisation. The team also has key strengths in corporate restructurings, particularly in consumer gods, pharma, and the automotive sector across the CEE region, while advising on share sales and general acquisitions. Advising both international and regional clients on market entry, Minela Šehović also handles shares acquisitions for energy consulting and IT companies and public procurement. Bojan Rajic is another key member of the team, with experience in financings and advisory work regarding regulated industry.


Practice head(s):

Matija Vojnovic; Luka Lopicic

Other key lawyers:

Minela Šehović; Bojan Rajic



‘Minela Sehovic is an excellent professional with very good knowledge and customer-oriented attitude. It has been a pleasure interacting with her.’ 

Key clients

Edison Energy





United Group

Thales Group

Auto Milovanovic d.o.o.


Ringier Group

Phoenix Pharma


Getinge Group

Hidroelektrana Dabar d.o.o.

Javno preduzeće Elektroprivreda Republike Srbije (JP EPS)

Tom Tailor GmbH


Caparol d.o.o.

Partnera Oyj


Work highlights

  • Advised UniCredit Bank a.d. Banja Luka in a landmark victory of the dispute with Bitminer Factory and overturning a EUR 131 million first instance judgment.
  • Advised Edison Energy, a US-based global energy advisory company, on acquisition of shares in two Bosnian companies.
  • Advised HES Gornja Drina  on the financing and construction of HPP Buk Bijela.

Law firm SAJIC

Law firm SAJIC‘s corporate and commercial team has ‘extensive experience’ in providing the full range of corporate counselling for a number of significant domestic and international clients. Aleksandar Sajic has an ‘exceptional grasp’ on local regulations and c0-leads the team with Natasa Krejic, advising on regulatory regulations and compliance in Bosnia. Sanja Djukic handles due diligence reports and capital equity raises, while Tijana Tatić represents clients in commercial litigations before Bosnian courts and institutions.

Practice head(s):

Aleksandar Sajic; Natasa Krejic

Other key lawyers:

Sanja Djukic; Tijana Tatic


‘SAJIC law firm has an excellent team – knowledgeable and professional.’

‘Sanja Đukić is a legal expert you always wish to have in your team.’

‘We are pleased to collaborate with the Law Firm Sajić whose reputation is built upon extensive experience and profound legal expertise, particularly in the intricate realm of Bosnian local law. Sajić’s exceptional grasp of the specific intricacies of local legislation and regulations instils confidence in their clients, assuring them of the firm’s unmatched understanding of the unique challenges posed within this jurisdiction.’

Key clients












Work highlights

  • Advised client in the project of acquiring the ITC infrastructure objects from the biggest telecommunication service provider.
  • Advised client on the purchase and sale of receivables.
  • Advised client in the process of M&A. Conducting due diligence of the targeted company.

Wolf Theiss - in cooperation with local lawyers

The corporate and commercial practice at Wolf Theiss - in cooperation with local lawyers handles the full range of advisory work for commercial legal matters, including acquisitions in retail, sellers in transactions, and merger planning. Jointly based in Vienna and Sarajevo, Naida Čustović leads the team, handling cross-border and multijurisdictional transactions in the SEE region. Admira Sitnić is another key lawyer, and assists with transactions and private equity fund counselling.

Practice head(s):

Naida Čustović

Other key lawyers:

Admira Sitnić

Work highlights