Firm Profile > Stankovic & Partners (NSTLAW) > Belgrade, Serbia

Stankovic & Partners (NSTLAW)

Banking and finance Tier 3

Stankovic & Partners (NSTLAW) predominantly acts for international financial institutions and borrowers on substantial cross-border financings (including project finance), as well as major restructurings and insolvency matters. Nenad Stankovic advises on complex, high-profile transactions in Serbia and in Montenegro.

Practice head(s):

Key clients

British American Tobacco

Titantex SRL Unipersonale


Aelius SARL Luxembourg


European Bank for Reconstruction and Development

Monster Energy

Serbian Innovation Fund

Heta Asset Resolution


Commercial, corporate and M&A Tier 3

Stankovic & Partners (NSTLAW) acts on both domestic and cross-border corporate M&A deals. The team also assists international businesses with setting up operations in Serbia. Nenad Stankovic is an international business law specialist.

Practice head(s):

Key clients


British American Tobacco

Sitel DOEL

Titantex SRL Unipersonale

Teddy SpA

Centre for Dental Aesthetics and Implantology

Business Journal LTD  Belgrade


Aelius SARL Luxembourg


Apatinska pivara

Monster Energy

Competition Tier 3

At Stankovic & Partners (NSTLAW)Nenad Stankovic's experience includes acting in alleged cartel and abusive behaviour cases. Of counsel Milos Androvic is noted for merger control and abuse of dominance cases.

Key clients

Apatinska pivara Apatin

AD Imlek

GlaxoSmithKline Export

Elektroprivreda Srbije

Monster Energy


Novo Nordisk

Raiffeisen Bank (Belgrade)

Sport Vision

Sport Time

Dispute resolution Tier 3

Stankovic & Partners (NSTLAW)'s practice takes in both litigation and domestic and international arbitration that encompass significant general commercial matters, insurance claims, employment law and insolvency disputes. Nenad Stankovic acts in complex and high-profile disputes. Attorney at law Sara Pendjer specialises in dispute resolution and insolvency.

Practice head(s):


The NST team is dedicated, pays attention to detail, is available when necessary, and provides clear directions for problem solving.’

Nenad Stankovic and attorney at law Sara Pendjer are professional, have a lot of knowledge and experience, and provide valuable advice. Clients are always satisfied with their service.

Key clients

Rand Investment, Canada


Apatinska Pivara doo

Unicredit Turnaround Management

Tigar AD

Crveni signal


Kolosej group

Brikel EAD

Kimberly group

Employment Tier 3

Stankovic & Partners (NSTLAW)'s practice ranges from restructuring and redundancy exercises to employment disputes, contract and document reviews, and day-to-day issues. Nenad Stankovic's work includes drafting employment contracts and advising on issues relating to foreign employees.

Practice head(s):


The team is experienced in very complex and innovative matters. It covers a wide segment of legal activities, providing a one-stop shop for companies.

It is extremely professional and always willing to support with tailor-made solutions.

The lawyers cover a lot of legal areas and are capable of providing legal support in different countries.

The firm has a great team of lawyers who provide support on time. They are very precise and cooperative, willing to help, and understand and solve different problems.

Nenad Stankovic has significant experience and has multiple areas of expertise, successfully managing various legal issues.

Key clients

Apatinska pivara

Monster Energy

Takeda GmbH


K Hartwall

Teddy Spa

Innovation Fund


Dominion Voting

Intellectual property Tier 3

Stankovic & Partners (NSTLAW) advises on major portfolio management and IP protection strategies, as well as cross-border data protection and advertising and marketing issues. Nenad Stankovic's international business law practice includes IP matters.

Practice head(s):

Key clients

Innovation Fund of the Republic of Serbia

Takeda Pharmaceuticals

Apatinska pivara, member of Molson Coors group


Monster Energy

Celanova Capital

Trebjesa Montenegro

Nevena & Allme cosmetics


Projects and energy Tier 3

Stankovic & Partners (NSTLAW) advises on regulatory compliance, corporate transactions, commercial contracts and project financing in the energy and natural resources sector. Nenad Stankovic is noted for energy and infrastructure developments, and mining and minerals matters.

Practice head(s):

Key clients

Innovation Fund of the Republic of Serbia

European Bank for Reconstruction and Development

Real estate and construction Tier 4

Stankovic & Partners (NSTLAW) acts on large corporate real estate transactions in the regional market and assists with portfolio management for international investors. It also advises on project financing and has a strong regulatory practice. Nenad Stankovic is a real estate, project finance and infrastructure specialist.

Practice head(s):

Key clients


UCTAM, Serbia

Crveni signal

The firm: Established in 2010 by the attorney Nenad Stankovic, Stankovic & Partners (NSTLAW) is a full-service firm located in Belgrade, Serbia, with a team of experts who advise multinational corporations and Serbian and Montenegrin companies, often acting in co-operation with well known international law firms.

Most of the firm’s lawyers have previously held senior positions at highly respected international and national firms. They also often speak at major international conferences, and contribute to leading national and international publications.

Stankovic & Partners is now well established as one of the leading commercial firms in the Serbian market, providing advice on banking and finance, corporate and M&A, restructuring and insolvency, commercial and regulatory, competition/antitrust, real estate, dispute resolution, privatisation, public procurement, intellectual property, capital markets, energy, mining and infrastructure, employment, tax, telecoms and technology.

The firm’s clients include many leading global corporations as well as some of the largest Serbian and Montenegrin companies and financial services firms, entrepreneurs and national local government institutions.

The firm has received a number of national and international accolades, including recommendations by Chambers & Partners’ Europe and Global Guides, The Legal 500 EMEA, and IFLR.

The firm’s international links include membership of Nextlaw Global Referral Network, the largest legal referral network in the world, and the Legal Network Alliance, a carefully selected global alliance of independent law firms.

The firm’s lawyers have worked with the respected international legal publications Getting the Deal Through since 2012, preparing its annual M&A overview for the Republic of Serbia.

Stankovic & Partners acts for clients carrying out business in Montenegro in co-operation with Kastravoic Law Office in Podgorica.

Areas of practice: At Stankovic & Partners (NSTLAW) banking and finance is a core area of practice. The firm has considerable experience of acting for major international and domestic financial institutions, as agents, senior lenders or syndicate members, as well as for borrowers from a variety of sectors, on a range of financing transactions. These include corporate and investment grade lending, leveraged and acquisition finance, asset finance and leasing, real estate development finance and cross-border intercompany loans.

In addition, with their acclaimed knowledge of the Serbian energy market, the team boasts award-winning expertise in project finance, as well as an impressive track record of success in big-ticket debt restructuring and reorganisation. On the borrower side, the firm assists clients with the financing of acquisitions and mergers, loans for funding new equipment or working capital, and a host of other projects. In addition, Stankovic & Partners offers a wealth of expertise in financial regulatory issues, while their experienced dispute resolution team has notable skill in resolving problems and enforcing security.

The office has developed in-depth expertise in all aspects of Serbian, Montenegrin and Bosnian competition and antitrust law. The firm advises clients from a wide range of sectors on obtaining merger clearance, handling complex processes from start to finish. They also advise their international clients on distribution and franchising networks, conducting antitrust audits and ensuring that their commercial practices remain compliant with local law. State aid and public procurement also form significant elements of Stankovic & Partners’ practice, and the firm has considerable experience providing training to key business personnel on all aspects of competition regulation and practices.

When contentious issues arise, including cartel allegations and follow-on claims, the competition group works closely with the firm’s large and highly regarded dispute resolution team to represent clients before the competition authorities and courts of Serbia, Montenegro and Bosnia and Herzegovina.

The firm enjoys a particularly fast-growing reputation in the intellectual property arena, where their sizeable dedicated IP and data protection team supports domestic and international clients on everything from intensive portfolio management and IP prosecution and protection strategies, to advice on exploiting image rights and IP due diligence in the context of some of the region’s largest M&A transactions and financings. The group is also widely admired for its expertise in data protection and privacy matters, where they assist a number of well-known international clients with data project and cross-border data transfer, and on advertising and marketing, having, for example, prepared the sponsorship agreements relating to the two biggest music festivals in Serbia as well as the Serbian Premier League and the national football team.

Department Name Email Telephone
Banking, finance and capital markets
Project financing
Dispute resolution/commercial litigation
Energy, infrastructure and PPP
IT and data protection
Mergers and acquisitions
Real estate and construction
Healthcare and pharmaceuticals
Restructuring and insolvency
Number of lawyers : 10
Legal Netlink Alliance
Nextlaw Global Referral Network
Other offices : Podgorica

Upcoming international events organized by NSTLAW on arbitration procedure

On April 25, 2017, American Chamber of Commerce in Serbia and Law office Stankovic and Partners organize a Briefing Session on Data Protection in Arbitration Cases. This event is intended for all the peers interested in finding our more about the challenges with document discovery in arbitration procedure, from the standpoint of data protection issues, local laws and regulations, including international practice. Also, this opportunity will be used to explain data protection during discovery process, including the best international practices. Special emphasis will be placed on the framework of Article 48 of the new EU law (applicable as of May 2018), as well as other relevant issues. The speakers will be Andrej Savin, Associate Professor, Copenhagen Business School, Philip Punwar, Partner at Baker Botts LLP, expert in international arbitration, and Nenad Stankovic, Attorney at Law, Stankovic and Partners.