1 October, 2025<\/p>\n
Geci\u0107 Law is glad to announce its integral role in supporting a significant financial transaction involving the\u00a0European Bank for Reconstruction and Development<\/a>\u00a0(EBRD),\u00a0Enterprise Expansion Fund II<\/a>\u00a0(ENEF II), and\u00a0Meter & Control<\/a>, a Serbian company specializing in smart energy metering systems.\u00a0 This strategic loan aims to boost Meter & Control\u2019s growth, enhance its production capacity, and support its green transition.<\/p>\n In a deal valued at \u20ac9.1 million, EBRD and ENEF II have committed to a loan to expand Meter & Control.\u00a0 The company designs and manufactures cutting-edge smart energy metering systems and software.\u00a0 \u00a0With support from EBRD and ENEF II, Meter & Control is expanding its production capacity and automation capabilities.\u00a0 This positions the company as a regional leader in the smart metering sector.<\/p>\n As local counsel to EBRD and ENEF II, Geci\u0107 Law provided comprehensive legal services.\u00a0 Our Banking & Finance team ensured the smooth preparation and execution of all legal documents and processes, from legal due diligence to contract review and compliance with Serbian mandatory law.\u00a0 Additionally, we prepared the necessary security documents, such as mortgages and pledges.\u00a0 Our counsel on this transaction underscores our commitment to supporting regional growth, sustainability, and green investment.<\/p>\n The Geci\u0107 Law team comprised Partner\u00a0Miodrag Jevti\u0107<\/a>, Counsel\u00a0Milo\u0161 Petakovi\u0107<\/a>\u00a0and Associates\u00a0Uro\u0161 Raji\u0107<\/a>\u00a0and\u00a0Du\u0161an Jablan<\/a>.<\/p>\n The funding, part of the\u00a0European Union<\/a>\u2019s\u00a0Western Balkans Investment Framework<\/a>\u00a0(WBIF), aligns with the EBRD\u2019s Green Economy Transition (GET) principles.\u00a0 It aims to strengthen Meter & Control\u2019s capacity to drive energy efficiency through smart grid technologies.<\/p>\n Smart meters play a crucial role in transforming energy infrastructures, helping utilities and consumers manage energy use more efficiently. This project is particularly timely for the Western Balkans, where the need for enhanced resource and energy efficiency is becoming increasingly urgent.<\/p>\n This transaction is another example of Geci\u0107 Law\u2019s ongoing dedication to supporting the EBRD and ENEF II in their development projects. In addition to our work on the Meter & Control financing, we have provided legal counsel on other major projects, including the\u00a0\u20ac9 million financing for Silbo<\/a>, Serbia\u2019s largest cold chain food distributor, and the financing agreement for the\u00a0expansion of Vega IT<\/a>, a leading Serbian software development company.\u00a0 Our close collaboration with EBRD and ENEF II reflects our commitment to fostering the growth of innovative, sustainable businesses in the region.<\/p>\n The EBRD stands as the foremost institutional investor in Serbia, having invested over \u20ac10.2 billion to date.\u00a0 The Bank\u2019s priorities in Serbia include boosting private-sector competitiveness, advancing the green economy transition, and developing sustainable infrastructure.<\/p>\n ENEF II is a fund dedicated to supporting the growth of small and medium-sized enterprises (SMEs) in the region.\u00a0 Through a co-investment partnership with the EBRD and backed by the European Union, CDP (Cassa Depositi e Prestiti), KfW (Kreditanstalt f\u00fcr Wiederaufbau), and Banca Intesa, ENEF II aims to provide SMEs with the capital and guidance they need to scale their operations and achieve long-term, sustainable growth.\u00a0 It builds upon the achievements of its predecessor, ENEF, which helped numerous companies in the region expand and thrive.<\/p>\n Meter & Control is a leading Serbian company at the forefront of smart energy metering solutions.\u00a0 Specializing in the design and production of advanced metering systems, Meter & Control also focuses on software development.\u00a0 The company enhances energy efficiency through its innovative products.\u00a0 Their solutions play a key role in modernizing energy infrastructure in the Western Balkans.\u00a0 These contribute to the development of smart grids.\u00a0 These improve the management of energy use for both consumers and utility companies.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-53664","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/53664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=53664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}EBRD and ENEF II Support for Serbian Smart Metering Innovator<\/strong><\/h4>\n
Enhancing the Green Economy with Circular Economy Support<\/strong><\/h4>\n
Geci\u0107 Law\u2019s Ongoing Support to EBRD and ENEF II<\/strong><\/h4>\n
About EBRD and ENEF II Fund<\/strong><\/h4>\n
About Meter & Control<\/strong><\/h4>\n