Commercial, corporate and M&A in Serbia

BDK Advokati

With offices in Serbia, Montenegro and Bosnia, BDK Advokati's regional M&A practice is highly regarded for its advice on multi-jurisdictional deals. Vladimir Dašić advised regional private equity fund Blue Sea Capital on the sale of a 55 per cent stake in Medi Group, a private healthcare provider in Serbia, to Mid Europa Partners; and Tijana Kojović acted for Mainframe 2, established by a Serbian entrepreneur and known for cloud-based Windows desktop and application delivery, on the sale of its shares to Nutanix. Senior associates Tomislav Popović and Janko Nikolić were hired from Law Office Miroslav Stojanovic, in cooperation with Wolf Theiss and JPM Jankovic Popovic & Mitic, respectively, while former senior associate Marija Doci left the firm.

JPM Jankovic Popovic & Mitic

JPM Jankovic Popovic & Mitic's diverse corporate practice assists clients in industry sectors such as telecoms, aviation, retail, healthcare and mining; it also has deal experience in relation to construction, life sciences, energy and IT. Highlights included advising Vela Operating Group on the acquisition of Belgrade-based software company IN2 Informatički Inženjering; and acting for Dr Max Group, a group member of Penta Investment Group, on the acquisition of a chain of pharmacies. Jelena GazivodaNenad Popovic, Nikola Poznanovic and Nikola Đorđević are all experienced practitioners. Marko Jovković and Uros Markovic left to found MVJ marković vukotić jovković.

Karanovic & Partners

Karanovic & Partners is regularly engaged in large transactions in Serbia and the region. Alongside lead international counsel White & Case LLP, the team advised PPF Group, a Czech investment firm, on the €2.8bn acquisition of Telenor’s assets in Central and Eastern Europe. It also acted for American pharmaceutical corporation Pfizer on the corporate restructuring of its business in Serbia and assisted DDM Group, a multinational investor and manager of distressed assets, with the acquisition of the Serbian subsidiary of Heta Group and its NPL portfolio. Dragan Karanovic, Miloš Vučković and Marjan Poljak are the highly rated senior partners. Miloš JakovljevićIvan Nonković and Goran Radosevic are also key members.

Moravcevic Vojnovic and Partners in cooperation with Schoenherr

Moravcevic Vojnovic and Partners in cooperation with Schoenherr stands out for its experience in advising on NPL portfolio sales and restructurings in the banking and finance sector and has a significant track record in telecoms and media sector-related deals. The practice advised Telenor ASA, a member of Telenor Group (a Norwegian multinational telecoms company), with the high-profile sale of its CEE subsidiaries to PFF Group for €2.8bn (on an enterprise value basis); it also acted for the Phoenix Group on the acquisition of the Goodwill Apoteka pharmacy chain in Serbia. Matija Vojnovic is 'an excellent negotiator, a strategic thinker and extremely creative in structuring complex deals'; Luka Lopičić and Slaven Moravčević are also highly rated.

Petrikic & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz

Petrikic & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz acts for multinational corporations, with presences in Serbia, on both large deals as well as their day-to-day business operations. Managing partner Radivoje Petrikić advised Zumtobel Group, a European manufacturer of professional indoor and outdoor lighting, on the establishment of its business in Serbia, which included advising on the acquisition of state-owned land, real estate contracts for the construction of a plant, and a lease agreement for a brownfield investment. Marija Tešić, Maja Stepanović and Milica Popović are the other names to note.

Bojovic Draškovic Popovic & Partners

Bojović Drašković Popović & Partners  fields lawyers with sector experience in technology, telecoms, entertainment, fashion, pharmaceuticals and life sciences, food and energy. Uros Popovic advised Nestlé, the world's largest food and beverage company, on two transactions, including the sale of Serbian chocolate brand Cipiripi to Paracinka. Vuk Draskovic heads the department and Marija Bojovic is a corporate and commercial law expert, particularly in relation to real estate matters.

Gecic Law

Gecic Law's 'well-educated professionals have a dedicated work ethic'. The practice regularly advises on high-profile deals, including significant strategic investments in Serbia; it acted for 3N Group on the proposed acquisition of wind farm project companies. Senior counsel Ognjen Colić heads the corporate and M&A practice, managing partner Bogdan Gecić is 'an excellent lawyer who achieves success for clients', Nikola Aksić is 'responsive and competent', and Jelena Adamović is a highly rated special counsel.

Harrisons Solicitors

Harrisons Solicitors is highly regarded for its assistance with both buy-side and sell-side transactions. Recent work includes advising as Serbian legal adviser to the UAE's agribusiness multinational, Al Dahra, on its proposed acquisition of JRB - Jugoslovensko recno brodarstvo (Yugoslav River Shipping). Principal Mark Harrison specialises in high-profile transactions in the region and Goran Martinovic is an experienced consultant.

Joksovic, Stojanovic & Partners

Joksovic, Stojanovic & Partners 'provides very satisfying results'. The team is highly rated for its experience of IT-related matters. It advised Alkemy, an Italian e-commerce services and digital marketing company, on its acquisition of Serbia-based digital marketing company Kreativa New Formula. Milan Joksovic 'always provides practical advice'; Petar Stojanović and attorney at law Goran Vucic are also key contacts.

Law Office Miroslav Stojanovic, in cooperation with Wolf Theiss

The 'highly experiencedLaw Office Miroslav Stojanovic, in cooperation with Wolf Theiss is noted for its advice on large and complex transactions in Serbia. Managing partner for Belgrade Miroslav Stojanovic advised Campofrio Food Group Holding on the proposed acquisition of a Serbian food industry company and Nataša Lalović Marić advises international clients on investments in Serbia; Andjelka Todorovic was promoted to senior associate.

Prica & Partners

Prica & Partners advises corporations, private equity investors and venture capitalists on complex public and private transactions, acquisitions and business transfers across industry sectors, including financial services, private equity, telecoms, energy, media, technology and hospitality. Danica Gligorijević advised Acibadem, a Turkish healthcare institution, on the Serbian aspects of a cross-border project in which the group planned to acquire a 60 per cent stake in a private Serbian healthcare company. Darija Ognjenović is also highly rated.

Samardžić, Oreški & Grbović Law Firm

Samardžić, Oreški & Grbović Law Firm's 'professional and knowledgeable team is responsive and reliable'. The practice has recently been focused on corporate, asset and liability transfers, restructuring, M&A, reorganisations and cross-border financial transactions; it advises Regus, which provides flexible workplaces, on the incorporation and functioning of its Serbian entities. Milan Samardzic heads the corporate and M&A department. Radovan Grbovic, Milos Velimirovic and Marija Oreški Tomašević are also key advisers, while senior associate Igor Radovanovic's 'professionalism is appreciated by clients'.

Zavisin Semiz Law Office

Zavisin Semiz Law Office's 'unique team takes into consideration every possible problem and finds the best solution for all parties'. The practice assists with M&A, private equity, company law and corporate restructuring. It acted as local legal counsel to Mid Europa Partners on acquiring a majority stake in private healthcare provider MediGroup. Nataša Zavišin and senior counsel Časlav Petrović are the names to note.

Bopa Bojanovic & Partners

Bopa Bojanovic & Partners is 'a premium corporate law firm that is responsive, accurate and available at any time'. It recently advised Gazprom, the global gas and oil company, on the development of the Turk Stream, the largest gas pipeline in Europe; the work includes day-to-day advice on business operations, corporate structures, M&A and group restructuring. 'Perceived as a deal maker', Vladimir Bojanovic 'handles complex deals'.

Doklestic Repic & Gajin

Doklestic Repic & Gajin' 'team is one of the most efficient in the market'. The practice regularly advises subsidiaries of Philip Morris International in Serbia on corporate and commercial legal issues. Slobodan Doklestic is 'one of the best corporate and commercial lawyers in Serbia' and Milos Pandzic is an experienced senior associate.

Kinstellar/Zajednicka advokatska kancelarija Maric & Mujezinovic

Kinstellar/Zajednicka advokatska kancelarija Maric & Mujezinovic's Branislav Marić recently advised an international logistics company on its entry into the Serbian market, via the acquisition of a local logistics centre company. Selma Mujezinović is also a key contact.

MVJ marković vukotić jovković

MVJ marković vukotić jovković was formed in late 2017 by Uros Markovic, Nikola Vukotic and Marko Jovkovic, formerly at JPM Jankovic Popovic & Mitic. Jovkovic advises on complex and significant M&A, restructuring and cross-border finance transactions in Serbia.

Ninkovic Law Office

Ninkovic Law Office is particularly active in the pharmaceutical industry; the team also advises on aviation sector-related deals. It acted for Aspen on the Serbian corporate aspects of the cross-border merger of Aspen Europe into Aspen Pharma Ireland. Ivan Krsikapa and Djurdje Ninkovic are the principal contacts.

NKO Partners

NKO Partners 'delivers quick, reliable and sustainable solutions'. Djordje Nikolic and 'strategic thinkerDjuro Otasevic co-head the corporate department; the practice advises PepsiCo International and its local subsidiary, Marbo, on corporate and commercial law matters.

Stankovic & Partners (NSTLAW)

Stankovic & Partners (NSTLAW) regularly advises on complex cross-border corporate M&A. Nenad Stankovic specialises in international business law; he advised a Finnish logistics sector client on the establishment of a local representative office in Serbia.


ŠunjkaLaw's team head Tomislav Sunjka has a broad practice, including corporate and commercial law, M&A, energy matters, infrastructure projects, trade and consumer rights law.

Maric, Mališic & Dostanic o.a.d.

Marić, Mališić & Dostanić o.a.d. handles M&A and corporate and commercial law as well as infrastructure projects, energy, real estate and telecoms matters. Ana Maric, Rastko Mališić and Oliver Radosavljevic are experienced advisers.

Mihaj, Ilic & Milanovic Law Firm

Mihaj, Ilic & Milanovic Law Firm fields lawyers with sector expertise in healthcare, pharmaceuticals, energy and infrastructure, manufacturing and aviation. Marko Milanovic and Tanja Unguran are experienced practitioners.

Mladenovic & Stankovic in cooperation with Rokas International Law Firm

Mladenovic & Stankovic in cooperation with Rokas International Law Firm's Aleksandar Mladenovic heads the Belgrade commercial, corporate and M&A practice. Vuk Stankovic regularly advises a Serbian brokerage company on compliance issues, corporate and financial law, and capital markets.