Karanovic & Partners o.a.d. advises a wide spectrum of international lenders, development institutions and corporate borrowers on financing transactions across Serbia. The practice is frequently engaged on matters involving complex security packages, regulatory frameworks and capital markets developments, as well as financings linked to major real estate, energy and infrastructure projects. Darko Jovanović oversees the group, with Maja Jovančević Šetka contributing extensive experience in structured and cross-border mandates. Katarina Gudurić advises on project finance and financial derivatives, and the team is further supported by Tijana Arsenijević.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- The depth of knowledge in funds and financial services is always responsive, commercial, and competitive.
- Maja Jovančević Šetka's, Mgr. Ján Macej's depth of knowledge in funds and financial services. Always responsive, commercial, and competitive.
- Excellent communication and expertise.
- Availability and efficiency.
- ‘Reliable, timely and solution-driven, with a complete understanding of the legal landscape.’
- ‘The leading banking and finance firm in the Balkans, with strong regional coverage.’
Key clients
- Piraeus Bank SA
- The European Fund for Southeast Europe (EFSE)
- Green for Growth Fund (GGF) and The European Fund for Southeastern Europe (EFSE)
- CEE BIG BV
- Ministry of Finance, Republic of Serbia
- Serbian Entrepreneurship Foundation (SEF)
- Grammer AG
- OTP Fund Management Hungary and OTP Bank Serbia
- CEE BIG BV
- Royal Group of United Arab Emirates
Work highlights
Advised EFSE as an investor in the inaugural transaction of issuance of MREL bonds by Raiffeisen Bank Serbia.
Advised BIG Shopping Centres and its subsidiary, CEE-BIG B.V., in the acquisition of Promenada Mall in downtown Novi Sad, a mall in Serbia, for EUR 177m.
Advised OTP Hungary in the acquisition of an investment fund (UCITS) management company in Serbia Ilirika DZU, previously member of Slovenian Ilirika Group.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Darko Jovanović; Maja Jovančević Šetka; Katarina Gudurić
Other key lawyers
Dimitrije Ilić; Tijana Arsenijević