Firms To Watch: Leading firms

Durutović, Vuksanović & Kraljević Attorneys-at-law is particularly focused on court and arbitration proceedings concerning property and construction law, as well as family and inheritance-related disputes; but the practice also assists with privatisations, corporate planning and restructuring-related due diligence.
Launched in Montenegro in 2008, IP boutique Zivko Mijatovic & Partners routinely handles prosecution and enforcement work in relation to trade marks, designs, patents and copyright; and the practice has notable expertise in multi-jurisdictional, anti-counterfeiting programmes.

Leading firms in Montenegro

BDK Advokati

Acting for sponsors, government authorities, contractors, lenders, buyers and sellers, BDK Advokati routinely advises on the region’s most significant financing and M&A projects. Clients also benefit from the firm’s membership of the South East Europe Legal Group. Managing the firm’s Montenegrin operations, Luka Popović has hospitality and gaming sector expertise; competition specialist Bisera Andrijašević was recently promoted to counsel; and Jelena Brajković is an experienced associate. Based in Belgrade, Dragoljub Cibulić is a greenfield real estate, energy and infrastructure project expert, and Tijana Kojović is a transaction, antitrust and disputes specialist.

Testimonials

The team is highly co-operative and resolves issues.

During the pandemic, in addition to email and online meetings they were able to hold physical meetings at their office with all the necessary health measures.

Professionalism, availability and problem-solving skills.

Luka Popović is always practical and reacts quickly.

Luka Popović is openminded, business oriented, and has a pragmatic approach to work.

Key clients

Government of Montenegro

NDC Asia

Nomad Foods

Ecomed Eastern Europe

BL Harbert International

Société Générale

ING Bank (Belgian Branch)

European Bank for Reconstruction and Development

Binance

The European Federation of Energy Traders

Fusion Capital

UniCredit (Czech Republic and Slovakia)

Net Holding

Eni

Work highlights

  • Advised Nomad Foods on the acquisition of Fortenova Group’s Frozen Food Business Group.
  • Assisted Ecomed with structuring a joint venture deal with local company Hemosan, so as to provide complex waste management services for the operator of an offshore oil exploration project in Montenegro.
  • Provided regulatory advice to Binance in relation to Montenegrin regulatory requirements.

Harrisons Solicitors

The only English law firm in Montenegro, Harrisons Solicitors has a strong track record in major tourism and real estate projects in Montenegro, as well as major banking and finance deals. Heading up the Podgorica office, senior associate Milan Keker focuses on significant banking and finance, M&A, restructuring and insolvency, real estate, corporate and renewable energy matters. Working across the firm's Belgrade and Podgorica offices, Mark Harrison specialises in high-profile transactions in the region, particularly those involving governments; and consultant Goran Martinovic advises on foreign investments in Montenegro's tourism sector.

Practice head(s):

Mark Harrison; Milan Keker

Other key lawyers:

Goran Martinovic

Testimonials

A full-service, top-notch international team in the Balkans.

Very strong professional team with in-depth knowledge of the Montenegrin legislation and judicial system, as well as being capable of meeting the demands of international investors in Montenegro.

Their team work works very well together.

An in-depth understanding of the legal requirements, particularly commercial matters (contracting requirements and legislative stipulations) and human resource issues (labour law).

Mark Harrison is a senior international lawyer with top government and diplomatic contacts.

Consultant Goran Martinovic is the best black letter lawyer in the Balkans.

Senior associate Milan Keker is a charismatic dealmaker with a very strong professional attitude and knowledge of the Montenegrin legal system.

Milan Keker is well equipped to help big international investors in Montenegro.

Key clients

EBRD

IFC

Export Development Canada

Agence Française de Développement

Corporacion America Airports

Fortenova Grupa

ARI – Aer Rianta International

DEG

OTP Bank

Credit Suisse

Styria Media

British Embassy Montenegro

British Council

Royal Group (UAE)

EU Delegation to Montenegro

West of England Insurance Services

Volvo

Dahlem

Hydrophil

Vantage Drilling

Adriatic Pearl

Melia Hotels

Harper Downie

Work highlights

  • Assisted (as Montenegrin legal adviser) Fortenova Grupa with the disposal of its subsidiary in Montenegro.
  • Advised Styria Media International on the sale of its shareholding in Daily Press doo Podgorica, one of the largest Montenegrin daily newspaper publishers.
  • Assisted (as Montenegrin legal adviser) Aer Rianta International on its five-year duty free concession to run stores at the airports of Montenegro’s Tivat and Podgorica.

Moravcevic Vojnovic and Partners in cooperation with Schoenherr

Moravcevic Vojnovic and Partners in cooperation with Schoenherr's key areas include corporate and M&A deals, banking and finance, financial services regulatory work, project development and dispute resolution. It also assists with multi-jurisdictional IP issues, as well as acting in merger control proceedings before the Montenegrin Competition Authority. The principal Podgorica practitioners to note are attorney at law Ana Vukčević, a key member of the energy, corporate, M&A, dispute resolution, and healthcare and life sciences practice groups; and associates Luka Veljović and Petar Vučinić. Belgrade-based Slaven Moravčević leads the practice.

Practice head(s):

Slaven Moravčević

Testimonials

A team of experienced and skilled lawyers providing high-quality legal advice.

The team is clearly skilled in handling challenging, high-end, legal matters that have high levels of complexity.

Lawyers with a sharp and yet easy-going mindset, getting right to the point when analysing complicated legal issues.

The best law firm in the region – that is why we have a long-lasting collaboration.

Their know-how, practical knowledge and dedication to the client make them one of a kind.

Capable of smoothly handling various daily issues at any time, because of the great structure of the team and availability 24/7.

Attorney at law Ana Vukčević is one of a kind. I admire how knowledgeable, skilled, detail oriented, and approachable she is.

Ana Vukčević is a fast thinker and very intuitive in business, so I can easily trust her decisions.

Key clients

State of Montenegro

Enemalta

Shanghai Electric Power

ICBC Austria Bank

Mozura Wind Park

Elektroprivreda Crne Gore

Fortum

United Group

Enel Global Trading

Deutsche Bank

Citigroup Global Markets

Erste Group Bank

Merrill Lynch International

Société Générale

The Ministry of Transport and Maritime Affairs of Montenegro

UNIQA Insurance Group

UNIQA Österreich Versicherungen

Raiffeisen Bank International

Sucafina

Hydra Brokerage

Société Générale

Atena Bohor

Novi Volvox

Zenith Electronics

Luxoft USA

Generali CEE Holding

Siemens Healthineers

Daimler

AB Volvo

Work highlights

  • Counsel to the State of Montenegro (and related agencies) in arbitrations and litigation, which were commenced by CEAC Holdings in relation to the privatisation and shutdown of Kombinat Aluminijuma Podgorica (Montenegrin aluminium plant).
  • Advised various banks as joint lead managers (Citigroup Global Markets, Erste Group Bank, Merrill Lynch International and Société Générale) on the issuance of a €750m bond by the State of Montenegro.
  • Advising Fortum and Elektroprivreda Crne Gore on the development of a 200MW solar power plant.

CMS

CMS‘ Montenegrin practice is active in banking and finance, corporate, commercial, competition, real estate, public procurement, dispute resolution and labour-related matters. It also houses specialists in compliance, energy and telecoms. In addition, the Podgorica team recently won a number of new hospitality industry clients. The principal figures to note are Belgrade and Podgorica managing partner Radivoje Petrikić, who has over 25 years’ experience in major commercial and M&A transactions and development projects throughout the CEE region; and Milica Popović, who heads up the firm’s banking and finance teams in Belgrade and in Podgorica.

Other key lawyers:

Tamara Samardžija

Key clients

SinoGulf (DIFC)

MOL Maritime Europe

WTE Group

Iberdrola Ingeniería y Construcción

ZTE Corporation

EBRD

IFC

Citibank

BetFair

Schlumberger

Artelia Group

Zentiva

Fragomen Global

Work highlights

  • Advising SinoGulf (DIFC) on various matters, including the acquisition of a land plot in Budva, the establishment of a company in Montenegro and opening of bank accounts, and immigration and labour-related matters.
  • Providing legal assistance to the Dutch subsidiary of MOL Japan (Mitsui O S K Lines) in relation to corporate issues concerning its shares in Montenegrin company, Azalea Pomorski Trening Centar.
  • Represented WTE Group in court and arbitration proceedings in relation to high-value investment projects in Montenegro, particularly wastewater treatment plants and desalinisation plants.

Doklestic Repic & Gajin

Launched in late 2019, Doklestic Repic & Gajin‘s Podgorica office fields specialists in both dispute resolution and M&A. Clients additionally benefit from cross-departmental support from the firm’s robust competition, real estate and finance departments. Montenegro office head Danilo Radulovic focuses on cross-border litigation, labour disputes, insolvency, arbitration, and tax disputes. In Belgrade, Slobodan Doklestic, who is admitted to practice law in Serbia, Montenegro and Bosnia, heads the firm’s commercial, corporate and M&A department and Marko Repic routinely leads multi-jurisdiction litigation and court procedures in the region.

Testimonials

The entire team at DRG is simply fantastic. We are very happy with them, and always revert to them for complex corporate and commercial matters and transactions.

The team excels in all areas of commercial law and their transactional department is superb – always on top of every matter they handle for us.

Very strong international capabilities, which is very important for us as a client because we conduct a lot of international business.

The legal support from Doklestic Repic & Gajin is of great value for our business, given the fact that they have an excellent understanding of project administration, risk management and project financing. Also, they are one of the very few regional law firms to have opened an office in Podgorica. That really sets them apart from law firms from neighbouring countries that do not have a local footprint in Montenegro.

Danilo Radulovic is an outstanding commercial lawyer. He has advised us on a great number of legal matters and was always able to provide sound and practical legal advice.

Danilo Radulovic is a great commercial lawyer and litigator. Danilo has an excellent understanding of our business, and is always available to hear our concerns and to offer valuable guidance and advice.

Slobodan Doklestic is truly one of the best business lawyers in the region.

Slobodan Doklestic is very sharp and very experienced – highly regarded on the market, both by his peers and the business community. We have the highest respect for him and for the work he does for us.

Key clients

Saint Gobain

Philip Morris International

Ingenico Group

VFI International

G4S

Hewlett Packard

Tarkett

Nelt & Co

NBL Bank

Montenegro Telecom

VDL Bus & Coach

Monte Credit MFI

Carlsberg Montenegro

Al Fozan Holding

Farmalogist Holding

Komercijalna Bank

EBRD

Joksovic, Stojanovic & Partners

Boasting over 25 years’ presence in the Montenegrin legal market, Joksovic, Stojanovic & Partners specialises in real estate, corporate and tourism law, along with dispute resolution. Spending approximately 50% of his professional time in Montenegro, name partner Petar Stojanovic, who ‘combines in-depth knowledge of key legal areas with a pragmatic, goal-driven approach‘, has broad experience in M&A deals, foreign direct investment and privatisation projects. A key members of the firm’s corporate team, Goran Vucic‘s Montenegro-related experience includes major infrastructure and real estate projects, as well administrative and corporate matters.

Practice head(s):

Petar Stojanovic

Other key lawyers:

Goran Vucic

Testimonials

24 hour-availability during a crisis.

Punctuality, honesty with clients, discipline and dedication to providing clients with accurate assessments of relevant legal situations.

Vast experience and use of modern communication technologies.

We engage JSP for high-level and complex issues, and we are always provided with legal advice that is to the point and offers viable solutions.

Experienced lawyers who understand the issues in question and provide timely advice.

Highly innovative practice that finds new approaches to issues that seem to be difficult to overcome or resolve.

The quality of their work is exceptional, and I am impressed by the overall reliability of Petar Stojanovic and Goran Vucic.

Petar Stojanovic combines in-depth knowledge of key legal areas with a pragmatic, goal-driven approach to settling issues; and he is capable of combining and utilising his team’s expertise to achieve the best results. Always available and accessible, he does everything possible to protect clients’ interests and to help clients succeed.

Key clients

Government of Montenegro

Qatari Diar

Mercury Group

Nelt Co

Alkemy

Renault Nissan

Montecco

Monteput

GrECo International Holding

Work highlights

  • Continues to advise the Government of Montenegro on the implementation of the contract for the construction of the Bar-Boljare highway.
  • Continued to advise the Montenegrin subsidiary of Qatari Diar on the development of a major real estate project in Montenegro, namely the tourism complex Blue Horizons.
  • Continues to advise Sonuba Montenegro on a planned investment in a tourism development.

Karanovic & Partners in cooperation with local lawyers

Present in the Montenegrin market since 2006, Karanovic & Partners in cooperation with local lawyers fields lawyers who specialise in advising investors (particularly those from the hospitality and tourism sectors) on real estate, banking and finance, and infrastructure finance. In accordance with the Serbia and Montenegro Agreement on Legal Aid in civil and criminal matters, clients additionally benefit from the firm’s 60-plus Serbia-based lawyers, who can cover projects in Montenegro. Montenegrin practice head Milena Pejović‘s practice covers corporate and commercial matters, banking and finance, taxation, employment and real estate.

Practice head(s):

Milena Pejović

Other key lawyers:

Maja Radunović

Testimonials

Very trustworthy and professional.

The pricing is fair considering the office’s professionalism.

The quality of the team is very high.

A reliable partner that we trust!

A team that is always available, even on short notice, and provides quality advice that is timely.

Milena Pejović is highly professional, always providing practical advice and thinking one step ahead, taking into consideration the best interests of our company with an excellent understanding and knowledge of our business and company history.

Milena Pejović is an outstanding lawyer – 24/7 availability, going far beyond the average standard in Montenegro.

Key clients

Sterling & Wilson

PETROL Montenegro

Ernst & Young Montenegro

Safiro Beach Resort

Budva Investment Apartments

Hellenic Petroleum

Deloitte doo Beograd

Pfizer

Inditex Group

Mars

Akuo Energy

CKB banka

Work highlights

  • Advising Sterling & Wilson on its development of a 250MW solar power plant in Briska Gora.
  • Advising PETROL Montenegro on various corporate matters.
  • Advising Safiro Beach Resort and Budva Investment Apartments on negotiations with other investors, which related to the construction of a luxury hotel in Budva.

Bojovic Draškovic Popovic & Partners

Bojovic Draškovic Popovic & Partners' Montenegrin practice has strong sector credentials in relation to energy, consumer electronics, entertainment, pharmaceuticals, construction, real estate, financial institutions and shipping. With over 15 years' expertise in Montenegro-related corporate and commercial matters, Vuk Drašković heads the Montenegrin desk; and qualified in both Serbia and the US, Uroš Popović  is also a key partner. Notable senior associate support is provided by Mario KijanovićStefan Golubović and Miloš Andrejević.

Practice head(s):

Vuk Drašković

Testimonials

A reliable, highly professional and flexible law firm.

A modern legal practice that offers what corporate clients need these days.

They have the capacity and knowledge to assist big clients with legal advice, M&A deals and dispute resolution, as well to guide smaller clients with tailored advice and assistance.

Great client management skills.

The team has great capacity and is always responsive.

Vuk Drašković and Uroš Popović stand out for their professionalism, flexibility and responsiveness. They are always pleasant to work with, very friendly, and able to establish genuine relationships with clients.

Uroš Popović and senior associate Miloš Andrejević were both extremely responsive and proactive.

Key clients

EBRD

Philips

Samsung

MSC Global Shipping Company

The Walt Disney Company

Labena

Mace Montenegro

Tenth Planet

Signify

Work highlights

  • Advised Philips on local business transfer matters.
  • Advised MSC Montenegro on GDPR permission requirements, in order to implement compliant sales and marketing campaigns.
  • Assisted The Walt Disney Company with COVID-19 related advice, reviewing an employee experience survey, and drafting a mutual agreement on employment termination (among others).

NKO Partners

NKO Partners‘ Montenegrin practice is headed up by Djuro Otasevic, who leads the firm’s corporate and commercial department, and focuses on M&A, corporate law, competition matters, employment and general commercial law. Otasevic is particularly active in the energy, telecoms and pharmaceutical industries. The practice advises KPMG on various legal aspects of its operations in Montenegro. Former Podgorica office manage Djordje Ivanovic recently left the firm to become a public notary.

Practice head(s):

Djuro Otasevic

Key clients

INA

KPMG

Japan Tobacco International

RODA

Cogent Communications

SISGEN

Moët Hennessy

Deloitte Montenegro

Solibay Capital Partners

Tendam Group

CEBAT

Radonjic / Associates

Full-service law firm Radonjic / Associates 'suits foreign companies seeking strong legal representation in Montenegro'. The practice advises major international and Montenegrin corporations, private equity companies and investment funds, industrial corporations, infrastructure providers, energy and construction companies, and HNW individuals. Key areas of focus include real estate, energy and banking and finance. Vladimir Radonjic, the current Honorary Consul General of the Swiss Confederation to Montenegro, co-leads the practice alongside Maja Velimirovic.

Testimonials

They are very responsive and highly skilled.

Very competent and efficient.

Radonjic/Associates’ team members work together to seek the best solution to the problems faced by clients.

Their charges for legal services are very reasonable when compared to other law firms in Montenegro.

The firm provides the full range of legal services and suits foreign companies seeking strong legal representation in Montenegro.

Fast eloquent responses within 24 hours from great partners and associates.

Excellent, technology-educated collaborators.

Vladimir Radonjic is always available for our enquiries and issues.

Key clients

Glovoapp23

Prysmian Powerlink

Jugopetrol Toshiba Transmission & Distribution Europe

Nova Ljubljanska Banka

Orkla

Pizzarotti Montenegro

Garnet Investment Montenegro

Milšped Montenegro

Von der Heyden Group

Trunz Holding

Telekom Slovenije

Valgo

AT&T

UPS

SNB-REACT Balkan

BL Harbert International Group

Telebit

KPMG

Mastercard

Work highlights

  • Advised Glovoapp23 on its indirect acquisition of Donesi.
  • Advising Prysmian Group on Montenegro’s regulatory regime, in relation to planning and construction issues, health and safety at work, labour law and contractual matters.
  • Advised Toshiba Transmission & Distribution Europe (and its branch office in Montenegro), on the realisation of two high-voltage direct current (HVDC) converter stations.

Law Office Vujacic

Dedicated to its clients‘, Law Office Vujacic‘s practice is best known for corporate and commercial law, banking and finance, competition and real estate. Its broad expertise ranges from IP and administrative law to employment law and it has sector experience in energy and natural resources. Co-leading the practice are name partner Sasa Vujacic, who has a broad transactional practice; and Jelena Vujisic, who assists with both litigation and transactions.

Practice head(s):

Sasa Vujacic; Jelena Vujisic

Testimonials

A law firm that is dedicated to its clients.

Very experienced in litigation, company law and other legal issues involving a company’s needs.

We value the approach and understanding of Sasa Vujacic and Jelena Vujisic, who are both very experienced and professional.

Key clients

Microsoft Montenegro

PricewaterhouseCoopers Consulting (Serbia)

PricewaterhouseCoopers Consulting (Croatia)

PricewaterhouseCoopers Consulting (Montenegro)

Telemach Crna Gora

Coca-Cola HBC Srbija

QSI International School of Montenegro

Knauf

Televizija Vijesti

Spic Ronghe International Financial Leasing Co

Western Union

Montenegro Transfers

Acibadem Sağlik Hizmetleri Ve Ticaret Anonim Şirketi

WOODINVEST Beruhazo

GE Capital Aviation Services

Energogas

European Bank for Reconstruction and Development

KfW IPEX-Bank

AstroBank

Banka Sparkasse

Work highlights

  • Advised the European Bank for Reconstruction and Development and KfW IPEX-Bank on the financing for a wind farm project in Krnovo.
  • Advised GE Capital Aviation Services on aircraft sales to a new airline company in Montenegro, ToMontenegro, which was established by the Government of Montenegro.
  • Assisting WOODINVEST Beruhazo with both a residential development project and the corporate aspects of its subsidiary in Montenegro.

Vukmirovic Mišic Law Firm

Vukmirović Mišić Law Firm's 'level of client service is outstanding and the team always delivers'. The practice advises on corporate, commercial and real estate projects; and representative instructions cover development-related due diligence, acquisitions and construction issues. The practice also has notable banking and capital markets expertise. Managing partner Lana Vukmirovic Misic is the former head of Harrisons Solicitors' Montenegrin office, and senior associate Milica Komar is 'an outstanding professional'.

Practice head(s):

Lana Vukmirovic Misic

Other key lawyers:

Milica Komar

Testimonials

It is very obvious that they care about their clients’ problems. Once we turn to them for a solution, they take over our problem as if their own and really push for solutions.

They know what they are talking about and they are professional – they are also very attentive.

From the outset, I have been very satisfied with their services and their team members.

Its level of client service is outstanding, and the team always delivers results on time and beyond our expectations.

Professional, efficient and personable.

The team executed my mandate expeditiously and fairly. I would highly recommend their services.

Lana Vukmirovic Misic and senior associate Milica Komar are excellent lawyers with fantastic intuition and a genuine desire to promote the success of their clients. Lana is is also very proactive, knowledgeable, and always thinks outside the box to come up with the best solution for clients’ needs.

Senior associate Milica Komar is an outstanding professional.

Key clients

4iG

Radisson Hospitality Belgium

OTP Bank

Siemens Energy

Majority owners of Soho City Project

Municipality of Pljevlja

Assicurazioni Generali

Europ Assistance Holding

Messer Medical Homecare Holding

STADA

Addiko Bank

RCL Cruises

ZAIN Property Development

Austrian Embassy

Lindner

SafBon Water Technology

Fleka

Port of Adria

EAREA

Budva Heights

Work highlights

  • Advising 4iG (alongside a CEE law firm) on the acquisition of Montenegrin telecoms operator Telenor.
  • Advising SafBon Water Technology on a prequalification and qualification process for a sewer network extension (among others).
  • Advising Addiko Bank on a wide range of different legal issues, including banking, regulatory, corporate, employment and data protection issues.