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Aleksić & Associates is a full-service law firm based in Novi Sad. The firm was established in 1987 by Nemanja Aleksić, who also serves as the firm's managing partner. It has a strong focus on banking and finance, as well as restructuring and insolvency matters. The firm is also active in M&A transactions and project development work.
Key clients
Addiko Bank, AGRISERBIA, Banca Intesa, Eurobank Direktna banka, and Procredit bank.
Highlights
The firm has been active in providing legal opinions and legal due diligence on a range of matters in connection to real estate transactions, asset acquisitions, debt collection and general corporate regulatory advice.
Testimonials
“Well organized, doing business on time very professionally.” - Insolvency
“We are provided with quality counsels on matters and taking into consideration the qualifications that the attorneys possess, we are provided with more than informed decisions on any kind of action that we take.” – Project development
“Prompt and professional advice; immediate response; kind and cooperative behaviour.” - Project finance
Key clients
Addiko Bank, AGRISERBIA, Banca Intesa, Eurobank Direktna banka, and Procredit bank.
Highlights
The firm has been active in providing legal opinions and legal due diligence on a range of matters in connection to real estate transactions, asset acquisitions, debt collection and general corporate regulatory advice.
Testimonials
“Well organized, doing business on time very professionally.” - Insolvency
“We are provided with quality counsels on matters and taking into consideration the qualifications that the attorneys possess, we are provided with more than informed decisions on any kind of action that we take.” – Project development
“Prompt and professional advice; immediate response; kind and cooperative behaviour.” - Project finance
Andrejic & Partners is a full-service law firm based in Belgrade, with a focus on financial and corporate matters. The team is led by managing partner Aleksandar Andrejic. The firm has a strong track record of handling both high-value transactions and day-to-day commercial matters in the market. It has represented international companies and organisations, including International Finance Corporation, DEC International and Shell, in real estate matters.
Key clients
Cyrillic Software, Eyemaxx International Holding & Consulting, Imlek, Varilease Finance, and Zeus Petruzalek.
Highlights
The firm previously advised Cyrillic Software on its acquisition of two Serbian companies. The firm also advised Eyemaxx International Holding & Consulting on insolvency proceedings involving assets in both Austria and Serbia.
The team further advised a client on a financing transaction involving the provision of funding for key equipment to a Serbian company owned by a US entity.
Key clients
Cyrillic Software, Eyemaxx International Holding & Consulting, Imlek, Varilease Finance, and Zeus Petruzalek.
Highlights
The firm previously advised Cyrillic Software on its acquisition of two Serbian companies. The firm also advised Eyemaxx International Holding & Consulting on insolvency proceedings involving assets in both Austria and Serbia.
The team further advised a client on a financing transaction involving the provision of funding for key equipment to a Serbian company owned by a US entity.
AVS Legal is a Serbian law firm established in 2014 by Mirko Vasilic and Milica Steljic. The firm is based in Belgrade. The firm is active in financial and corporate and project development work.
Highlights
The firm provides ongoing corporate support to clients.
The team has also advised on multiple recapitalizations of companies in 2024.
BDK Advokati is a Serbian law firm established in 2004. The firm is based in Belgrade. The firm also has offices in Montenegro and Bosnia & Herzegovina and is part of the SEE Legal network. The firm is active in financial and corporate as well as project development work.
Highlights
The firm advised the lender on a long-term loan to Fabrika Decje Hrane d.o.o.. The transaction closed in May 2024.
The team also advised multiple banks on the local law aspects of the SACE-backed loan to the Republic of Serbia. The transaction closed in December 2024.
BIT Law office is a boutique law firm founded in 2009. The firm is based in Belgrade and is active in project development work.
Highlights
The firm advised on the Belgrade Metro infrastructure project. The project began in January 2025 and is currently ongoing.
The team also advised on a project regarding the design and construction of roads and utility infrastructure in Makiško polje.
Bojanovic & Partners is a Serbian law firm established in 2013. The firm is based in Belgrade. The firm has a focus on banking, M&A and project development work.
Highlights
The firm advised client Axel Johnson on the acquisition of LA FÂNTÂNA S.R.L. from Aquavenue Limited. The transaction closed in November 2024.
The team also provided legal advisory to General Electric on a corporate restructuring including a Serbian subsidiary. The transaction is currently ongoing.
Deloitte Legal is the Serbian presence of the international firm Deloitte Legal. The firm is based in Belgrade. Deloitte Legal is the legal side of the international firm Deloitte. The firm has a focus on financial and corporate and project development deals.
Highlights
The firm advised Telekom Srbija in the sale of a tower portfolio to Actis. The transaction closed in January 2024.
The team also provides ongoing corporate advice to Dell group and its Serbian businesses.
Djokic + Partners is a Serbian law firm based in Belgrade. The firm is active in financial and corporate work.
Highlights
The firm advised a client on the development and construction of retail park which the client is constructing in Negotin. The project is currently ongoing.
The team also advised a client on the sale and purchase agreement of the retail park in Kikinda. The transaction closed in December 2024.
Doklestic Repic & Gajin is a Serbian law firm established in 2013. The firm is based in Belgrade. The firm has a focus on financial and corporate work.
Highlights
The firm advised a client on the expansion of their production facilities into Serbia. The advice is currently ongoing.
The team is also providing legal support to a client on a deal involving the sale and transfer of their business in Serbia. The advice is currently ongoing.
Harrisons is a Serbian law firm established in 1999 by Mark Harrison. The firm operates in London, Belgrade and Podgorica. The firm has a focus on both financial and corporate and project development work.
Highlights
The firm acted as Serbian counsel to a consortium of banks as the Initial Purchases in connection with an offering of of €750,000,000 6.50% Senior Secured Notes due 2031. The work was completed in December 2024.
The team also advised the lender on the financing to Elektromreža Srbije (EMS) for the refurbishment and digitalization of a substation. The project is currently ongoing.
Jankovic Popovic & Mitic (JPM & Partners) was established in 1991 and has regional and international visibility through its membership of Lex Mundi. The firm has a strong international focus, and its Serbian team includes prominent practitioners such as Jelena Gazivoda. The firm has a well-established presence in financial and corporate matters, as well as notable experience in cross-border project development work.
Key clients
Adval Capital, Advance Capital Partners, BASF, Banatski Dvor, and Srbijagas.
Highlights
The firm is advising BASF on the carve-out of its Agricultural Solutions business in Serbia and Underground Gas Storage Banatski Dvor on the expansion of its storage capacity. The latter project, valued at more than $80 million, encompasses commercial, operational, contractual and regulatory advisory work.
The firm is also advising Bulgargaz EAD, a Bulgarian energy company, on obtaining a licence for wholesale supply of natural gas in Serbia.
Testimonials
“JPM Partners provided an immediate response, flexibility, and help in acquiring a minority stake in a Serbian Bank.” – M&A
“JPM Partners has experience, a diversified team that can offer a wide scope of services and is extremely operational and fast in execution.” – M&A
“JPM Partners provided practical advice and professionalism.” – M&A
“What stands out about JPM & Partners is its teams deep sector knowledge of energy regulations, combined with a pragmatic, solutions-oriented approach. Specifically, we value its team’s responsiveness, technical grasp, team consistency, and proactive risk spotting.” – Project development
“I have been working with JPM & Partners for years now. During all this time, they have preserved a model of providing the legal services that combines legal excellence, industry knowledge, a business approach, strategic thinking, open and direct cooperation with the client and a problem-resolving attitude, without disclaimers and truly oriented towards practical advice. They have great experience in resolving complex energy-related matters, but in addition to all the above, they are very straightforward and reliable people with whom we really like to work.” – Project development
“Jelena Gazivoda worked on all formal issues related to the share acquisition; she analysed risks of the buy-back.” – M&A
“Jelena Gazivoda excels in several specific areas: regulatory navigation, as she swiftly interprets complex energy licensing and grid code rules, saving us weeks of internal analysis; drafting precision, as her balancing group agreements and PPA clauses are clear, enforceable, and tailored to actual operational risks; communication as she explains legal risks in plain, business-friendly language without oversimplifying; proactive problem-solving, as she flagged a potential imbalance penalty exposure in our draft grid contract and proposed a renegotiated provision before we signed; and follow-through, as she personally tracks pending permits and regulatory filings, ensuring nothing slips through the cracks.” – Project Development
“Jelena Gazivoda is a true leader of her team and of the JPM firm. She is the head of the energy department and is a person you can trust, capable of resolving demanding and complex matters, and finding ways to overcome issues with any party, including stakeholders, clients, and regulatory bodies.” – Project Development
“Jelena Stankovic worked on all formal issues related to the share acquisition; she analysed the risks of the buy-back.” – M&A
“Marco Mrdja is excellent.” – Project Development
“Marco Mrdja is a great support to Jelena Gazivoda and Nikola Djordjevic. He has grown alongside them as part of the energy department and is a great support to the team. He is also a knowledgeable and pleasant person to work with.” – Project Development
“Nikola Djordjevic is excellent.” – Project Development
“Nikola Djordjevic is a nice and hard-working person. He is always very responsive, quick, and direct in his approach. We know we can approach him at any time and rely on him. He also knows the industry well and is always a great help to us.” – Project Development
“Nikola Poznanovic provided transaction legal advice, competition advice, and LDD support.” – M&A
Key clients
Adval Capital, Advance Capital Partners, BASF, Banatski Dvor, and Srbijagas.
Highlights
The firm is advising BASF on the carve-out of its Agricultural Solutions business in Serbia and Underground Gas Storage Banatski Dvor on the expansion of its storage capacity. The latter project, valued at more than $80 million, encompasses commercial, operational, contractual and regulatory advisory work.
The firm is also advising Bulgargaz EAD, a Bulgarian energy company, on obtaining a licence for wholesale supply of natural gas in Serbia.
Testimonials
“JPM Partners provided an immediate response, flexibility, and help in acquiring a minority stake in a Serbian Bank.” – M&A
“JPM Partners has experience, a diversified team that can offer a wide scope of services and is extremely operational and fast in execution.” – M&A
“JPM Partners provided practical advice and professionalism.” – M&A
“What stands out about JPM & Partners is its teams deep sector knowledge of energy regulations, combined with a pragmatic, solutions-oriented approach. Specifically, we value its team’s responsiveness, technical grasp, team consistency, and proactive risk spotting.” – Project development
“I have been working with JPM & Partners for years now. During all this time, they have preserved a model of providing the legal services that combines legal excellence, industry knowledge, a business approach, strategic thinking, open and direct cooperation with the client and a problem-resolving attitude, without disclaimers and truly oriented towards practical advice. They have great experience in resolving complex energy-related matters, but in addition to all the above, they are very straightforward and reliable people with whom we really like to work.” – Project development
“Jelena Gazivoda worked on all formal issues related to the share acquisition; she analysed risks of the buy-back.” – M&A
“Jelena Gazivoda excels in several specific areas: regulatory navigation, as she swiftly interprets complex energy licensing and grid code rules, saving us weeks of internal analysis; drafting precision, as her balancing group agreements and PPA clauses are clear, enforceable, and tailored to actual operational risks; communication as she explains legal risks in plain, business-friendly language without oversimplifying; proactive problem-solving, as she flagged a potential imbalance penalty exposure in our draft grid contract and proposed a renegotiated provision before we signed; and follow-through, as she personally tracks pending permits and regulatory filings, ensuring nothing slips through the cracks.” – Project Development
“Jelena Gazivoda is a true leader of her team and of the JPM firm. She is the head of the energy department and is a person you can trust, capable of resolving demanding and complex matters, and finding ways to overcome issues with any party, including stakeholders, clients, and regulatory bodies.” – Project Development
“Jelena Stankovic worked on all formal issues related to the share acquisition; she analysed the risks of the buy-back.” – M&A
“Marco Mrdja is excellent.” – Project Development
“Marco Mrdja is a great support to Jelena Gazivoda and Nikola Djordjevic. He has grown alongside them as part of the energy department and is a great support to the team. He is also a knowledgeable and pleasant person to work with.” – Project Development
“Nikola Djordjevic is excellent.” – Project Development
“Nikola Djordjevic is a nice and hard-working person. He is always very responsive, quick, and direct in his approach. We know we can approach him at any time and rely on him. He also knows the industry well and is always a great help to us.” – Project Development
“Nikola Poznanovic provided transaction legal advice, competition advice, and LDD support.” – M&A
Karanović & Partners was established in 1995 and is based in Belgrade. Originally named Karanović & Nikolić, the firm is part of a regional network with offices across several jurisdictions, including Slovenia, Bosnia and Herzegovina, Montenegro and North Macedonia. The Serbian team comprises prominent legal practitioners, including Darko Jovanović, Maja Jovančević Šetka, Petar Mitrović and Miloš Vučković. The firm has a strong focus on financial and corporate matters, as well as project development work.
Key clients
Czechoslovak Group (CSG), ElevenEs, IFC, OTP Group, and The European Fund for Southeast Europe.
Highlights
The firm advised CEE BIG BV and four of its Serbian subsidiaries on its €100 million senior secured loan provided by the European Bank for Reconstruction and Development (EBRD) for the development and reconstruction of real estate projects.
The firm advised Arbonia on the $810 million sale of its climate division to Midea Electrics Netherlands, a subsidiary of Midea Group.
Testimonials
“Karanović & Partners provided responsive and timely advice.” – Banking and finance
“Karanović & Partners demonstrated confidentiality, expertise, and friendliness.” – Banking and finance
“Karanović & Partners demonstrated accuracy, thorough knowledge, reliability, and client orientation.” – Banking and finance
“Karanović & Partners has great knowledge, serious staff dedicated to different areas and industries, highly professional service, and respect for deadlines.” – Investment funds
“Karanović & Partners demonstrated expertise, flexibility, an understanding of the deal specifics, and a willingness to adapt.” – M&A
“Karanović & Partners’ detailed legal analysis and clear, understandable treatment of each issue, combined with strong expertise in construction law and FIDIC-based projects, are particularly noteworthy. Their responsiveness and timely turnaround on complex and time-sensitive matters are also critical for this type of work.” – Project development
“Ana Luković demonstrates strong technical expertise in Serbian construction, public procurement, and regulatory matters, particularly in complex FIDIC-based infrastructure projects. She provides clear, structured, and practical legal analysis, translating complex issues into actionable guidance. She is also highly responsive and reliable in managing time-sensitive requests, maintaining a consistent level of precision and commercial awareness across complex project structures.” – Project development
“Darko Jovanovic is a serious and reliable person, always ready to solve different issues and offer the best response.” – Investment funds
“Đorđe Filipić plays an active role in project execution, including coordination with stakeholders and direct communication with authorities on regulatory matters. He also supports the preparation and submission of key corporate and compliance documentation, including assistance with licensing procedures, and ensures the timely handling of procedural and time-sensitive requirements across the project.” – Project development
“Ivan Nonković is highly professional, with a deep understanding of M&A mechanics, availability, and flexibility. He demonstrates a willingness to understand deal specifics, including buyer/seller dynamics.” – M&A
“Katarina Guduric demonstrates strong knowledge of the subject matter, international connections, friendliness, and a direct to-the-point approach.” – Banking and finance
“Maja Jovančević - Šetka is easy-going and communicates clearly. She is fully familiar with local and global regulations, oriented towards best practices as well as future solutions, and respects deadlines.” – Investment funds
“Maja Jovančević - Šetka has elaborate subject-matter knowledge and deeply understands the legal area of banking and finance, with both local and international legal backgrounds. Excellent in this field, and leading clients through the legal labyrinth of banking and finance provisions.” – Banking and finance
“Miloš Jakovljević is highly knowledgeable, diplomatic and reliable.” – M&A
“Petar Mitrovic is responsive and demonstrates the qualities of a thinking lawyer.” – Banking and finance
“Teodora Vasin provides clear and practical guidance on Serbian corporate and regulatory matters, including branch operations and tax-related procedures. She is effective in resolving procedural uncertainties and is reliable in delivering timely and clear compliance-related communication.” – Project development
“Tijana Arsenijevic is responsive and demonstrates the qualities of a thinking lawyer.” – Banking finance
Key clients
Czechoslovak Group (CSG), ElevenEs, IFC, OTP Group, and The European Fund for Southeast Europe.
Highlights
The firm advised CEE BIG BV and four of its Serbian subsidiaries on its €100 million senior secured loan provided by the European Bank for Reconstruction and Development (EBRD) for the development and reconstruction of real estate projects.
The firm advised Arbonia on the $810 million sale of its climate division to Midea Electrics Netherlands, a subsidiary of Midea Group.
Testimonials
“Karanović & Partners provided responsive and timely advice.” – Banking and finance
“Karanović & Partners demonstrated confidentiality, expertise, and friendliness.” – Banking and finance
“Karanović & Partners demonstrated accuracy, thorough knowledge, reliability, and client orientation.” – Banking and finance
“Karanović & Partners has great knowledge, serious staff dedicated to different areas and industries, highly professional service, and respect for deadlines.” – Investment funds
“Karanović & Partners demonstrated expertise, flexibility, an understanding of the deal specifics, and a willingness to adapt.” – M&A
“Karanović & Partners’ detailed legal analysis and clear, understandable treatment of each issue, combined with strong expertise in construction law and FIDIC-based projects, are particularly noteworthy. Their responsiveness and timely turnaround on complex and time-sensitive matters are also critical for this type of work.” – Project development
“Ana Luković demonstrates strong technical expertise in Serbian construction, public procurement, and regulatory matters, particularly in complex FIDIC-based infrastructure projects. She provides clear, structured, and practical legal analysis, translating complex issues into actionable guidance. She is also highly responsive and reliable in managing time-sensitive requests, maintaining a consistent level of precision and commercial awareness across complex project structures.” – Project development
“Darko Jovanovic is a serious and reliable person, always ready to solve different issues and offer the best response.” – Investment funds
“Đorđe Filipić plays an active role in project execution, including coordination with stakeholders and direct communication with authorities on regulatory matters. He also supports the preparation and submission of key corporate and compliance documentation, including assistance with licensing procedures, and ensures the timely handling of procedural and time-sensitive requirements across the project.” – Project development
“Ivan Nonković is highly professional, with a deep understanding of M&A mechanics, availability, and flexibility. He demonstrates a willingness to understand deal specifics, including buyer/seller dynamics.” – M&A
“Katarina Guduric demonstrates strong knowledge of the subject matter, international connections, friendliness, and a direct to-the-point approach.” – Banking and finance
“Maja Jovančević - Šetka is easy-going and communicates clearly. She is fully familiar with local and global regulations, oriented towards best practices as well as future solutions, and respects deadlines.” – Investment funds
“Maja Jovančević - Šetka has elaborate subject-matter knowledge and deeply understands the legal area of banking and finance, with both local and international legal backgrounds. Excellent in this field, and leading clients through the legal labyrinth of banking and finance provisions.” – Banking and finance
“Miloš Jakovljević is highly knowledgeable, diplomatic and reliable.” – M&A
“Petar Mitrovic is responsive and demonstrates the qualities of a thinking lawyer.” – Banking and finance
“Teodora Vasin provides clear and practical guidance on Serbian corporate and regulatory matters, including branch operations and tax-related procedures. She is effective in resolving procedural uncertainties and is reliable in delivering timely and clear compliance-related communication.” – Project development
“Tijana Arsenijevic is responsive and demonstrates the qualities of a thinking lawyer.” – Banking finance
Milosevic Law Firm is a Serbian law firm established in 1991. The firm is based in Belgrade and has a focus on financial and corporate work.
Highlights
The firm advised a Chinese commercial bank in regard to a loan facility for second phase of project of construction of the sewage infrastructure in nine locations across Serbia. The project is currently ongoing, but the facility agreement was signed in June 2024.
Team also assisted a utility-scale renewables developer in process of development of wind power plant projects in Serbia. The project is currently ongoing.
Law Office Miroslav Stojanović cooperating law office of Wolf Theiss is a Serbian law firm working with international law firm Wolf Theiss. The firm is based in Belgrade. Wolf Theiss is an international law firm established in Austria in 1957. The firm has a focus on financial and corporate as well as project development matters.
Highlights
The firm advised a private equity firm on the acquisition and restructuring of Birdseye Security Solution. The transaction closed in July 2024.
The team also advised the International Fiance Corporation on the purchase of up to EUR 50 million in local currency equivalent (RSD) senior preferred bonds to be issued by Raiffeisen Serbia in two or more tranches. The transaction closed in June 2024.
Marjanovic Law is a Serbian law firm . The firm is based in Belgrade. The firm has a focus on financial and corporate deals.
Highlights
The firm advises the buyer in an acquisition of a company. The acquisition occurred in 2023 but cooperation with the client is ongoing.
The firm also provides ongoing commercial and corporate advice to multiple clients.
Mihaj Ilic & Milanovic Law Firm is a boutique law firm based in Belgrade. The firm was founded in 2015 and specializes in corporate and project development matters.
Highlights
The firm advises a clean energy company on the development of multiple biomass thermal power plants in Serbia. The projects are currently ongoing.
MMD Advokati is a Serbian law firm. The firm is based in Belgrade. The firm has a focus on M&A and project development work.
Highlights
The firm advised the buyer in the process of acquisition of 100% of the shares in two companies. The transaction closed in December 2024.
The firm also advises the lender in regards to a loan to Serbia to support the reform of capital markets. The transaction is currently ongoing.
Moravčević Vojnović and Partners in cooperation with Schoenherr was established in 2002 and is based in Belgrade. Established in 1950, Schoenherr is a leading Austrian firm with a European network that includes offices in 15 jurisdictions. The firm is focused on financial and corporate as well as project development matters.
Highlights
The firm advised United Group B.V. on the sale of SBB doo Belgrade. The transaction closed in April 2025.
The team also advised clients on Serbian law in regards to their capacity as finance parties with an English law governed facilities agreement. The agreement was signed in June 2024.
MVJ Markovic Vukotic Jovkovic is a Serbian law firm established in 2017. The firm is based in Belgrade. The firm has a focus on financial and corporate and project development.
Highlights
The firm provided legal counsel to Renesas Electronics Corporation in their acquisition of 100% shares in Altium Limited. The transaction closed in August 2024.
The team also advised Oldcastle APG, CRH on the acquisition of a controlling interest in Yardzen. The transaction closed in November 2024.
Nikcevic & Kapor is a Serbian law firm. The firm is based in Belgrade and active in project development.
Highlights
The firm is advising a Chinese contractor on the designing and construction of an expressway in Belgrade. The project is currently ongoing.
The team is also advising a client on multiple projects involving the construction of solar power plants and other green energy projects. The projects are currently ongoing.
Radovanović Stojanović & Partners is a full-service law firm headquartered in Belgrade, recognised for its extensive experience in delivering business-oriented legal advice. The firm has a team of experienced professionals with strong international expertise, including partners Saša Stojanović and Raško Radovanović. It has a particular focus on corporate and commercial matters and frequently advises prominent domestic and international clients on complex real estate transactions and related commercial issues.
Key clients
IKEA, Holcim, Metro Cash & Carry, Renomia, and Wienerberger Group.
Highlights
The firm advised Perose Invest on the acquisition of land for the project, including conducting legal due diligence and providing advice on permitting and zoning matters. The team also drafted the sale and purchase agreement, reservation agreements for end customers, and design and construction contracts.
Testimonials
“Radovanović Stojanović & Partners provides a rare combination of unwavering dedication and high-level expertise, where they immerse themselves in the complexities of our operations.” – M&A
“Radovanović Stojanović & Partners provides good quality and timely delivery.” – M&A
“What truly sets Radovanović Stojanović & Partners apart is their combination of top-tier technical expertise and a highly pragmatic, business-oriented approach. The team demonstrates an exceptional ability to manage complex cross-border transactions seamlessly, particularly where multiple jurisdictions and regulatory regimes are involved. Their advice is consistently clear, concise, and solution-driven, enabling efficient decision-making even under tight timelines.” – M&A
“Radovanović Stojanović & Partners stands out for its highly responsive and solution-driven approach. The team combines strong technical expertise with a clear commercial focus, providing concise and practical advice that is easy to implement in a transactional setting. They are particularly valued for their ability to anticipate issues early and navigate complex cross-border elements seamlessly.” – M&A
“Radovanović Stojanović & Partners distinguishes itself through its exceptional ability to manage complexity in cross-border transactions while maintaining a clear and structured approach. The team is particularly strong in coordinating multiple workstreams and stakeholders, ensuring that all aspects of the transaction remain aligned and on track.” – M&A
“What stands out about Radovanović Stojanović & Partners is their strategic mindset. They do not approach issues in isolation but rather consider the broader deal context and commercial objectives. Their advice is always well-calibrated, balancing legal protection with deal feasibility.” – M&A
“What sets Radovanović Stojanović & Partners (RSP) apart is their availability, reliability, efficiency and deal/goal-oriented approach.” – Project development
“Radovanović Stojanović & Partners is one of the strongest law firms we have worked with. We will continue using them in hotel operation phase.” – Project development
“There's no better way to say this, Radovanović Stojanović & Partners is our trusted advisor, sometimes even more than that.” – Project development
“Radovanović Stojanović & Partners (RSP) is our long-term trusted partner. We have worked with other offices in the past, but when we started working with RSP and Milorad in particular, we entrusted them with all our legal work, which is not insignificant because we have three different live projects in Belgrade.” – Project development
“Anja Tasić truly understands the complex challenges we face and consistently strives to find the most effective solutions, even when doing so does not result in additional business for the firm, which is a quality we particularly value.” – M&A
“Đorđe Vičić is highly effective in leading due diligence processes, combining attention to detail with a clear focus on material issues. He is well-organized, responsive, and delivers concise, actionable reports. His ability to manage complex workstreams and provide practical, business-oriented advice makes him a key asset in transaction processes.” – M&A
“Đorđe Vičić is punctual, smart, and a rising star.” – Project development
“Đorđe Vičić is very reliable and precise, deserves the spotlight, and is extremely effective in everyday corporate matters.” – Project development
“I would always choose to work with Milorad Gajic, as we are a large group cooperating with many lawyers across the CEE market.” – Project development
“Milorad Gajic is detailed, well-prepared, has excellent real estate law knowledge, and great communication skills.” – Project finance
“Milorad Gajic is our point of contact at the firm. I consider Milorad my trusted advisor and call him to brainstorm even on non-legal issues. He has a great common sense, which I utilize to the fullest.” – Project development
“Milorad Gajic is to the point, effective, and smart. He never wastes our time or his.” – Project development
“Milorad Gajic is our contact person in Radovanović Stojanović & Partners and is more than an advisor to us. He is a reliable and effective person, a great lawyer who understands project development, construction and our business.” – Project development
“Nikola Cincović is a dedicated and extremely punctual lawyer. He is a calm and pleasant person to be around.” – Project development
“Nikola Micic is a young lawyer at Radovanović Stojanović & Partners who seems to have a bright future. He is very fast and nice to work with.” – Project development
“Nikola Micic is always there for us.” – Project development
“Raško Radovanović, in addition to being a top-tier expert in competition law, proactively monitors both local and European industry trends to provide highly strategic and forward-thinking advice.” – M&A
“Saša Stojanović is very organized, provides speedy replies, and has vast experience.” – M&A
“Saša Stojanović is an outstanding team leader who combines strong technical expertise with a practical, solution-oriented approach. He is highly effective at managing complex transactions, aligning teams, and keeping processes on track. His advice is clear, commercially focused, and always geared toward achieving results. He is extremely responsive, proactive, and reliable, which makes him a trusted advisor in demanding, fast-paced transactions.” – M&A
“Saša Stojanović stands out for his strong leadership on complex transactions and his ability to combine legal precision with a highly commercial mindset. He is particularly valued for driving negotiations efficiently, maintaining momentum, and providing clear, pragmatic advice.” – M&A
“Saša Stojanović is an exceptionally effective transaction lead who combines strong legal expertise with a very refined commercial instinct. He has a clear ability to identify the key value drivers in a deal and ensures that the legal workstream remains fully aligned with the client’s strategic objectives throughout the process. He is particularly strong in structuring and negotiations. He approaches complex issues with clarity and discipline, breaking them down into workable solutions and guiding discussions toward pragmatic outcomes. His negotiation style is firm yet constructive, which helps maintain momentum while preserving a cooperative tone between the parties.” – M&A
“Saša Stojanović has strong transactional expertise, a commercial mindset, and the ability to manage sophisticated matters in an efficient and practical manner. He consistently provides advice that is not only legally sound but also aligned with the client’s broader business and strategic objectives. One of his key strengths is his active involvement throughout the transaction lifecycle. He is extremely responsive, detail-oriented, and reliable, and clients appreciate that he remains fully engaged in all critical aspects of the process, particularly during complex negotiations and time-sensitive phases of a deal.” – M&A
“Saša Stojanović is a great lawyer who knows M&A and SPAs.” – Project development
“Živko Kovačević always answers our calls and is not shy about saying when he does not have an immediate answer. This is a very important trait for an advisor, not to mislead clients.” – Project development
Key clients
IKEA, Holcim, Metro Cash & Carry, Renomia, and Wienerberger Group.
Highlights
The firm advised Perose Invest on the acquisition of land for the project, including conducting legal due diligence and providing advice on permitting and zoning matters. The team also drafted the sale and purchase agreement, reservation agreements for end customers, and design and construction contracts.
Testimonials
“Radovanović Stojanović & Partners provides a rare combination of unwavering dedication and high-level expertise, where they immerse themselves in the complexities of our operations.” – M&A
“Radovanović Stojanović & Partners provides good quality and timely delivery.” – M&A
“What truly sets Radovanović Stojanović & Partners apart is their combination of top-tier technical expertise and a highly pragmatic, business-oriented approach. The team demonstrates an exceptional ability to manage complex cross-border transactions seamlessly, particularly where multiple jurisdictions and regulatory regimes are involved. Their advice is consistently clear, concise, and solution-driven, enabling efficient decision-making even under tight timelines.” – M&A
“Radovanović Stojanović & Partners stands out for its highly responsive and solution-driven approach. The team combines strong technical expertise with a clear commercial focus, providing concise and practical advice that is easy to implement in a transactional setting. They are particularly valued for their ability to anticipate issues early and navigate complex cross-border elements seamlessly.” – M&A
“Radovanović Stojanović & Partners distinguishes itself through its exceptional ability to manage complexity in cross-border transactions while maintaining a clear and structured approach. The team is particularly strong in coordinating multiple workstreams and stakeholders, ensuring that all aspects of the transaction remain aligned and on track.” – M&A
“What stands out about Radovanović Stojanović & Partners is their strategic mindset. They do not approach issues in isolation but rather consider the broader deal context and commercial objectives. Their advice is always well-calibrated, balancing legal protection with deal feasibility.” – M&A
“What sets Radovanović Stojanović & Partners (RSP) apart is their availability, reliability, efficiency and deal/goal-oriented approach.” – Project development
“Radovanović Stojanović & Partners is one of the strongest law firms we have worked with. We will continue using them in hotel operation phase.” – Project development
“There's no better way to say this, Radovanović Stojanović & Partners is our trusted advisor, sometimes even more than that.” – Project development
“Radovanović Stojanović & Partners (RSP) is our long-term trusted partner. We have worked with other offices in the past, but when we started working with RSP and Milorad in particular, we entrusted them with all our legal work, which is not insignificant because we have three different live projects in Belgrade.” – Project development
“Anja Tasić truly understands the complex challenges we face and consistently strives to find the most effective solutions, even when doing so does not result in additional business for the firm, which is a quality we particularly value.” – M&A
“Đorđe Vičić is highly effective in leading due diligence processes, combining attention to detail with a clear focus on material issues. He is well-organized, responsive, and delivers concise, actionable reports. His ability to manage complex workstreams and provide practical, business-oriented advice makes him a key asset in transaction processes.” – M&A
“Đorđe Vičić is punctual, smart, and a rising star.” – Project development
“Đorđe Vičić is very reliable and precise, deserves the spotlight, and is extremely effective in everyday corporate matters.” – Project development
“I would always choose to work with Milorad Gajic, as we are a large group cooperating with many lawyers across the CEE market.” – Project development
“Milorad Gajic is detailed, well-prepared, has excellent real estate law knowledge, and great communication skills.” – Project finance
“Milorad Gajic is our point of contact at the firm. I consider Milorad my trusted advisor and call him to brainstorm even on non-legal issues. He has a great common sense, which I utilize to the fullest.” – Project development
“Milorad Gajic is to the point, effective, and smart. He never wastes our time or his.” – Project development
“Milorad Gajic is our contact person in Radovanović Stojanović & Partners and is more than an advisor to us. He is a reliable and effective person, a great lawyer who understands project development, construction and our business.” – Project development
“Nikola Cincović is a dedicated and extremely punctual lawyer. He is a calm and pleasant person to be around.” – Project development
“Nikola Micic is a young lawyer at Radovanović Stojanović & Partners who seems to have a bright future. He is very fast and nice to work with.” – Project development
“Nikola Micic is always there for us.” – Project development
“Raško Radovanović, in addition to being a top-tier expert in competition law, proactively monitors both local and European industry trends to provide highly strategic and forward-thinking advice.” – M&A
“Saša Stojanović is very organized, provides speedy replies, and has vast experience.” – M&A
“Saša Stojanović is an outstanding team leader who combines strong technical expertise with a practical, solution-oriented approach. He is highly effective at managing complex transactions, aligning teams, and keeping processes on track. His advice is clear, commercially focused, and always geared toward achieving results. He is extremely responsive, proactive, and reliable, which makes him a trusted advisor in demanding, fast-paced transactions.” – M&A
“Saša Stojanović stands out for his strong leadership on complex transactions and his ability to combine legal precision with a highly commercial mindset. He is particularly valued for driving negotiations efficiently, maintaining momentum, and providing clear, pragmatic advice.” – M&A
“Saša Stojanović is an exceptionally effective transaction lead who combines strong legal expertise with a very refined commercial instinct. He has a clear ability to identify the key value drivers in a deal and ensures that the legal workstream remains fully aligned with the client’s strategic objectives throughout the process. He is particularly strong in structuring and negotiations. He approaches complex issues with clarity and discipline, breaking them down into workable solutions and guiding discussions toward pragmatic outcomes. His negotiation style is firm yet constructive, which helps maintain momentum while preserving a cooperative tone between the parties.” – M&A
“Saša Stojanović has strong transactional expertise, a commercial mindset, and the ability to manage sophisticated matters in an efficient and practical manner. He consistently provides advice that is not only legally sound but also aligned with the client’s broader business and strategic objectives. One of his key strengths is his active involvement throughout the transaction lifecycle. He is extremely responsive, detail-oriented, and reliable, and clients appreciate that he remains fully engaged in all critical aspects of the process, particularly during complex negotiations and time-sensitive phases of a deal.” – M&A
“Saša Stojanović is a great lawyer who knows M&A and SPAs.” – Project development
“Živko Kovačević always answers our calls and is not shy about saying when he does not have an immediate answer. This is a very important trait for an advisor, not to mislead clients.” – Project development
SOG in cooperation with Kinstellar is a Serbian law firm in a cooperation with international law firm Kinstellar since 2023. The firm is based in Belgrade. Kinstellar is an international law firm focused on emerging Europe and Central Asia. The firm has a focus on financial and corporate and project development work.
Highlights
The firm acted as Serbian legal counsel to the lenders in regards to a secured financing provided to the global investment company Actis. The transaction closed in February 2024.
The team also acted as Serbian counsel to a US investment firm in its strategic investment in DE-YAN. The transaction closed in November 2024.
Stankovic & Partners is a Serbian law firm established in 2010. The firm is based in Belgrade and has a focus on financial and corporate as well as project development deals.
Highlights
The firm advised a client on an acquisition finance facility for the purchase of a number of companies in the construction sector in the Republic of Serbia and Republika Srpska (Bosnia and Herzegovina). The advice is currently ongoing.
The projects team is also advising a client on a project for the development of a recycling deposit return system at a national level in Serbia. The project is currently ongoing.
T-S Legal is a Serbian law firm established in 2013. The firm is based in Belgrade and has a focus on financial and corporate work.
Highlights
The firm provides ongoing regulatory advice to UniCredit Bank Serbia, including on the management of its NPL portfolio.
The team also advises DDOR Novi Sad on initial acts for collection of receivables, NPL management and monitoring, and drafting opinions on financial matters. Advice is ongoing.
Tasic & Partners is a Serbian law firm established in 2009. The firm is based in Belgrade and has a focus on project development.
Highlights
The firm assisted on the Belgrade–Niš Railway Modernization project, which is currently ongoing.
The team also acted for the concessionaire in regards to a project concession for the design, financing, construction, management, maintenance, and transfer of three garages. The project is ongoing.
Vukovic & Partners is a Serbian law firm based in Belgrade. The firm has a focus on financial and corporate work, particularly in the technology, bankruptcy, greenfield investments, real estate and construction sectors.
Highlights
The firm advised ODM Collections on the acquisition of the NPL portfolio offered by the Banca Intesa Beograd. The transaction closed in March 2024.
The team also advised a client on the acquisition of a company specialized in performing technical inspections and analysis of vehicles. The transaction closed in June 2024.
ZSP Advokati is a law firm based in Belgrade. The firm has a focus on financial and corporate deals.
Highlights
The firm advised the lender in the refinancing of Crowne Plaza Belgrade. The transaction closed in December 2024.
The firm advised another lender in the financing of the development of a retail park in southern Serbia. The transaction closed in June 2024.
ŠunjkaLaw was founded in 2000. It has an office in Vojvodina. The firm is experienced in advising creditors on cross-border restructuring and insolvency mandates and advises foreign clients on acquisitions. In addition, the firm is active in joint ventures, and private equity.
Highlights
During the research period the firm was active in financial and corporate. It advised mostly acquirers and sellers in acquisitions in various industries, especially technology and telecommunication, food and beverage, social infrastructure, healthcare and industrials and manufacturing.
Key clients
Among its clients are Madhead Games, Atrium Consulting, Celjske Mesnine Z Dežele, Agricom Company Group, Atrium Property Services, Alba Invest doo Beograd and DR Techno VB doo Novi Sad.
Testimonials 2024/2025
We appreciate their speed and efficiency. (Banking & Finance)
Ajša Stojković has excellent legal knowledge. (Banking & Finance)
Ivana Maraš is professional and efficient! (Banking & Finance)
Testimonials 2023/2024
"Knowledge, professionalism, quick responding and proactive." (Banking & Finance)
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The team is flexible, fast, operational and able to react immediately and provide legal service to each Client 24 hours a day, 365 days a year. The team delivers the highest quality of legal services and support by its virtue of communication, success in legal representation, advising each Client, regardless of its international or multinational position or any business requirements and specifics of the system. With respect to the quality of providing legal services and support, the Law office keeps balance between legal services and legal services costs.
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Our team is comprised of strict professionals eager for new knowledge and competent to keep up with the modern trends.
Possibility to deliver pragmatic and sustainable commercial solution for complex legal challenges is what Isailovic&partners is known for.
High quality, comprehensive and efficient professional service we provide to our clients, solving complex legal and business with individual commitment to each client, continues to be our everlasting motto for thriving.
