Following on from EUR 16,5 million worth of financing obtained from Raiffeisen, NKO assisted industrial developer CTP with securing additional EUR 13,5 million from EBRD, resulting in a total of EUR 30 million obtained by CTP for developing four real estate projects in Serbia. The NKO Partners’ team was led by Senior Associate Marina […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Srdjan Spasenovic of DD&C Consulting. Srdjan has joined IR as our exclusive Investigative Due Diligence member in Serbia. Due Diligence and Compliance Consulting (DD&C Consulting) is a risk consultancy firm specialized in providing state of the art due diligence reports, compliance advisory, […]
NKO Partners has supported industrial real estate developer CTP with securing EUR 16,5 million worth of financing for its real estate projects in Serbia with Raiffeisen bank Serbia. Four project companies of CTP and Raiffeisen entered into a secured term facilities agreement on 25 June 2020 for purposes of financing development and construction of four […]
NKO Partners assisted Konica Minolta Serbia, a part of a Japanese multinational technology company, in obtaining a favorable judgment from the Administrative Court of Serbia. The Court annulled the fine previously levied against Konica Minolta by the Serbian Competition Commission for allegedly entering into restrictive agreements and referred the case back to the Commission for […]
NKO Partners advised CTP, leading industrial real estate developer in CEE, in connection to acquisition of 6ha of construction land in Kragujevac. CTP acquired the location intended for industrial development from the City of Kragujevac for EUR 2,1 million. This is the second successful real estate project of CTP in Kragujevac that NKO Partners advised […]
NKO Partners advises the selling side in the sale of past producing silver-zinc-lead mines Kizevak and Sastavci in Serbia to Tethyan Resource Corporation. The first closing for the acquisition was completed on May 14, 2020 providing Tethyan with 10% of shares in local EFPP d.o.o. Namely, EFPP holds two exploration licenses over past producing mines […]
NKO Partners advised private client on sale of local Lola Real Estate, owner of premium residential location in New Belgrade to Czech investor UDI Group. Prior to the takeover, NKO Partners supported Lola Real Estate in acquiring 9.376 m2 construction land in public tender procedure before Belgrade Land Agency for approximately EUR 7 million. The […]
NKO advises Dr. Max, largest pharmacy network in Central Europe present in Serbia since 2017, on public-private partnership project for concession of 27 state owned pharmacies located in Kruševac and Rasina District. Concession contract granting Dr. Max with 15-year concession is signed with the City of Kruševac on May 15, 2020. NKO Partners’ team led […]
The President of the Republic of Serbia (Serbia) has declared a state of emergency on 15 March 2020 due to COVID-19 pandemic (State of Emergency Decree). The declared state of emergency affected numerous areas, but most importantly – cross-border mobility, functioning of the airports, functioning of the State administration, and free movement. All border crossings […]
Data plays a significant role in preventing the spread of COVID-19. Still, data controllers and processors must ensure the protection of the personal data of the data subjects. A balance must be struck between protecting public health and privacy of data subjects. The protection of public health may legitimise certain restrictions of freedoms provided these […]
The Government of Serbia adopted on April 10, the set of financial measures aimed at mitigating the negative economic impact of COVID – 19 pandemic and support of the private sector businesses, with an immediate effect. The most important measures include: – State Subsidies to private sector – which includes all Serbian legal entities and […]
Further to the press conference held on March 31, the following measures were announced by the Serbian Government’s officials for the support of Serbian economy and decreasing negative impact due to COVID 19 pandemic. Support measures are classified as fiscal measures, employee income subsidies, liquidity measures and cash subsidies for each Serbian citizen. It is […]