About

Provided by Karanovic & Partners in cooperation with local lawyers

The team offers unrivalled regional and sector-specific coverage to investors. The practice is a market leader because of its dedication, quality legal service, and in-depth understanding of the clients' needs, and has been involved in many of the largest and most complex transactions in the market. It takes pride in its reputation as a regional transactional and corporate/commercial legal powerhouse, making it more than a large legal practice with a top client portfolio. The firm possesses the capacity to provide full transaction support, from an initial due diligence investigation, risk identification, structuring deals to closing and post-closing assistance.

Work Highlight

  • Advised Krnovo Green Energy doo Nikšić, as the borrower, and sponsor Akuo Energy Central Europe on refinancing Montenegro’s first large-scale wind farm, involving senior and mezzanine facilities provided by KFW IPEX-Bank GmbH, EBRD, and Proparco. The deal won the 2025 Deal of the Year Award for Montenegro given by CEE Legal Matters.
  • Advised CKB Bank on project financing agreement for the construction of the first cable car in Montenegro, with the company Kotor – Lovćen Cable Car.
  • Advised CEE BIG on EUR 95 mil acquisition of a shopping mall Delta City, and on the acquisition of Capital Plaza in Montenegro, with 6 companies and an overall value of EUR 50 mil.
  • Advisory role in the Montenegrin Airport Concessions project – the largest PPP project in Montenegro and one of the largest in the Western Balkans. 

Chambers Review

Provided by Chambers

Corporate/Commercial - Montenegro

3
Band 3

What the Team is Known For

Karanovic & Partners is a notable regional law firm recommended for handling major cross-border M&A transactions and related financings, while also working on large construction projects. The team also assists with employment issues and market entries, as well as real estate mandates.

Work Highlights

  • Karanovic & Partners supported Ericsson with its general mandates, including employment and regulatory matters.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Filip Vukovic
Associates to watch

Filip Vukovic advises clients on corporate, commercial and employment matters as well as regulatory issues. He also regularly represents clients in financing mandates.

Filip Vukovic's proactive approach and attention to detail ensure that potential challenges are anticipated and addressed promptly.

Ranked Lawyers at
Karanovic & Partners in cooperation with local lawyers

Provided by Chambers
Filter by
Band

Montenegro

Corporate/Commercial

Filip Vukovic
Associates to watch

Members

Provided by Karanovic & Partners in cooperation with local lawyers

Filip Vukovic

Marko Ćulafić

Head of Department

Milan Lazić

Clients

Provided by Karanovic & Partners in cooperation with local lawyers

Akuo Energy

BB Invest Group

CEE BIG BV

CKB, member of OTP Group

Colgate Palmolive

Ericsson

Ernst & Young Montenegro

Green Energy doo Nikšić

Grupo Bimbo

HPS Investment Partners (UK) LLP

Inditex Group

International Finance Corporation (IFC)

KFW IPEX-BANK GMBH

Kriptomat

Maestral Hotels and Casinos

Masdar Energy BV

PETROL Montenegro

PPF Group

Pfizer

Philip Morris

Port of Bar

Stihl

Industries

Provided by Karanovic & Partners in cooperation with local lawyers

Automobiles & Parts

Aviation

Banks

Chemicals

Construction & Materials

Consumer Product Manufacturing

Energy and Natural Resources

Financial Services

Food & Drink Producers

Food Production and Agribusiness

Health Care

Hospitality, Leisure and Tourism

IT and Start-ups

Industrial Engineering

Industry and Manufacturing

Infrastructure and Transport

Media

Mining & Metals

Pharmaceuticals & Life Sciences

Private Equity

Real Estate

Real Estate Finance

Retail and Consumer Goods

Software & Computer Services

Telecommunications

Transportation

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