Polenak Law Firm > Skopje, North Macedonia > Firm Profile

Polenak Law Firm
North Macedonia

North Macedonia > Leading firms Tier 1

Polenak Law Firm handles a breadth of mandates, advising a variety of international and domestic businesses in the North Macedonian market on M&A, competition, energy, telecoms, employment, and IP issues. The ‘very experienced, fast-thinking and solution-orientedKristijan Polenak oversees the banking and finance practice alongside Tatjana Shishkovska, who also heads up the corporate practice. Aleksandar Dimic takes the lead on real estate and litigation work, while Metodija Velkov focuses on competition, regulatory, and compliance work.

Practice head(s):

Kristijan Polenak; Tatjana Shishkovska; Aleksandar Dimic; Metodija Velkov

Other key lawyers:

Tanja Polenak


‘The team has great knowledge, experience, and responsiveness.’

‘Kristijan Polenak – his comprehensive knowledge and vast experience gives great comfort to a client. Always searches for solutions. Tatjana Shishkovska – a good lawyer, knowledgeable and responsive.’

‘Tradition and knowledge, with relevant information about local business environment and upcoming legislative changes. Trusted partner to foreign companies operating in the country.’

‘Kristijan Polenak is well respected in the local business community and had great connections with the government authorities and diplomatic core. Always finds time when there is the need, even for a short consultation. Open to providing alternative suggestions and relevant background knowledge to complex matters.’

‘We work with Polenak Law Firm in North Macedonia on a regular basis in all areas of law. The team is very dedicated and experienced.’

‘Aleksandar Dimic is very knowledgeable, reliable and responsive, he deals with legal matters efficiently even under time pressure.’

‘A highly skilled and professional team.’

‘Kistijan Polenak is a calm, very experienced, fast-thinking and solution-oriented person. Aleksandar Dimic is a modern lawyer with a great sense for detecting possible scenarios and solutions.’

Key clients



Johnson Matthey

Joyson Safety Systems

Global Special Opportunities Fund

Philip Morris

Deutsche Telekom Group

Cevahir Holding


MAGNA Automotive Europe GmbH

Leopold Kostal GmbH


Hellenic Petroleum

TITAN Cement

Diaverum AB

NLB Banka

Gerresheimer Skopje

A1 Makedonija Telekom



Work highlights

  • Advised Joyson Safety Systems on a $1.6bn refinancing matter.
  • Advised Cinesite on the acquisition of a majority interest in fx3x.
  • Advising Thor Impex DOOEL on the development, financing, construction and operation of the 36MW Bogoslovec wind farm.

The firm: Polenak Law Firm continues the tradition of providing top quality legal services since 1946.

The firm developed from an individual practice working in criminal and civil litigation to a partnership in the 1970s and adding commercial and corporate matters, growing its partnership and areas of work in the 1990s and rising to a structured full-service law firm in 2007.

Throughout its history the firm and its brand was considered one of the market leaders. Today, this leadership is recognized and praised by clients and relevant legal directories.

The dedication of  the firm’s lawyers enable it to offer the assistance needed to address all clients’ needs for a prompt and well-reasoned legal advice.

The number of transactions handled make it the most experienced law firm in the market for banking, project finance, M&A, privatization processes, competition and antitrust matters, aviation, energy, telecommunications and PPP. The innovative approach and newly introduced legal structures give the firm a competitive advantage.

The knowledge and practice of  the firm’s litigation lawyers in criminal, civil and commercial cases is remarkable, construing one of its prominent benchmarks.

The affiliation with leading law firms from each jurisdiction in the region, joined together in the South East Europe Legal Group (www.seelegal.org), enables it to offer its clients coverage and superior legal services in the region.

Main areas of practice: The main focus of services is directed to multinational corporations, banks and international financial institutions, providing experienced legal advice in many practice areas and offering wide range of legal services.

The firm’s notable M&A experience is built in decades of practice by advising in most of the largest M&A transactions and in numerous share transfers in SMEs.

One of the firm’s flagships is its banking and finance practice. Over the last 20 years, the firm advised joint managers on several issuances of sovereign bonds, provided regulatory advises and opinions to international banks and IFI’s, including advice on loan structuring, drafting agreements, FX matters, enforceability of ISDA and GMRA contracts in North Macedonia, secured loan structures, syndicated lending, etc. The firm assisted corporate issuers in public and private share offerings.

The firm’s competition practice, as market leader in this field, deals with merger notifications, proceedings at the Commission for Protection of Competition (prohibited agreements, introduction of behavioral or structural remedies, abuse of dominant position), internal competition compliance checks.

The firm provides full legal support to its corporate clients. Our services enable our clients to achieve local legal compliance on data protection, consumer protection, competition and anti-trust, labour law requirements, reporting requirements, etc. The firm prepares drafts and reviews contracts with suppliers and/or buyers and provides legal assistance at the courts and governmental agencies in North Macedonia.

The firm provides a variety of legal services related to real estate. The experience record includes title examinations and transfers, leases, lease-backs, drafting complex asset deal documentation, entry into public registers, creation and perfection of security over immovable asset, investing immovable asset into a corporate entity, as well as asset due diligence. The firm also assists with estimation of taxes and communal duties. In greenfield investments, the firm assists its clients to assess timing and construction permit procedures.

Energy and mining have proven to be a potential for investments and development. North Macedonia is rich with water, sun and minerals, providing natural resources for power generation and mining. Polenak Law Firm advises clients in renewable energy generation and energy distribution, as well as companies in the mining industry.

The firm’s IP practice is also notable, providing client support in registration of trademarks and patents.

International Work: Over 80% of the firm’s clients are multinational corporations and international financial institutions. Most of the firm’s experience is practically achieved and applied in supporting international clients.

Clients: The client list of Polenak Law Firm comprises of international finance institutions, banks, insurance companies, tobacco business, energy, telecommunications, metals industry, construction companies, transportation companies. Key clients include: Adient, Cevahir Holding, Deutsche Telekom Group, European Bank for Reconstruction and Development, LC Waikiki, Limak, International Finance Corporation, Inditex, Johnson Matthey, Joyson Safety Systems, Philip Morris, Sanrio, Siemens, TAV Airports, Telekom Austria, Titan Cement, WizzAir.

Department Name Email Telephone
Corporate and M&A, Banking and Finance Kristijan Polenak kristijan@polenak.com +389 2 3114737
Corporate and M&A, Banking and Finance Tatjana Shishkovska tsiskovska@polenak.com +389 2 3114737
Litigation, Real estate Aleksandar Dimic adimic@polenak.com +389 2 3114737
Competition, Regulatory and Compliance Metodija Velkov mvelkov@polenak.com +389 2 3114737
Photo Name Position Profile
Zoran Andonovski photo Mr Zoran Andonovski Attorney at Law, Senior Associate
Simona Angelovska photo Ms Simona Angelovska Junior Associate
Vanja Curlinova Kostovska photo Ms Vanja Curlinova Kostovska Attorney at Law, Junior Associate
Aleksandar Dimic photo Mr Aleksandar Dimic Attorney at Law, Partner
Bojan Jonovski photo Mr Bojan Jonovski Junior Associate
Ivica Maksimoski photo Mr Ivica Maksimoski Attorney at Law, Associate
Biljana Ninik photo Ms Biljana Ninik Junior Associate
Tanja Polenak photo Ms Tanja Polenak Attorney at Law, Partner
Kristijan Polenak photo Mr Kristijan Polenak Attorney at Law, Managing Partner, Polenak Law Firm
Natasha Popova-Alebic photo Ms Natasha Popova-Alebic Attorney at Law, Senior Associate
Anastazija Sazdovska photo Ms Anastazija Sazdovska Attorney at Law, Senior Associate
Tatjana Shishkovska photo Ms Tatjana Shishkovska Attorney at Law, Partner
Filip Simjanovski photo Mr Filip Simjanovski Junior Associate
Andrej Stojkovic photo Mr Andrej Stojkovic Attorney at Law, Associate
Ema Tasevska photo Ms Ema Tasevska Attorney at Law, Associate
Metodija Velkov photo Mr Metodija Velkov Attorney at Law, Partner
Attorneys at Law : 15
International Bar Association (IBA)
World Services Group (WSG)
The South East Europe Legal Group (SEE Legal)
American Chamber of Commerce in Macedonia
European Business Association (EBA)