30
Tue, May
22 New Articles

Zivkovic Samardzic Supports South Central Ventures with Startup Investments

Serbia
Typography

Zivkovic Samardzic has announced that it has supported South Central Ventures (SCV) with a EUR 700,000 investment in City Expert, a Belgrade-based startup that, according to the firm, “has gained traction rapidly with its innovations and use of technologies in real estate sale and rental sector."

SCV manages the Enterprise Innovation Fund (ENIF), a venture capital fund focusing on highly specialised, innovative, small and medium-sized enterprises in the Western Balkans. Investors in the ENIF include the European Commission, the European Investment Fund, the EBRD, Kreditanstalt fur Wiederaufbau, together with institutional and private investors from the Western Balkans. The EUR 40 million fund is dedicated primarily to early stage and growth investments and is intended to fuel international business expansion and growth.

This is the second investment Zivkovic Samardzic has advised on SCV recently, following its March 2016 investment in dryTools (as reported by CEE Legal Matters on March 16, 2016), 

The Zivkovic Samardzic team that advised SCV on its investment in City Expert included Partners Branislav Zivkovic and Slobodan Kremenjak, Senior Associate Igor Zivkovski, and Associate Ana Popovic.

Serbia Knowledge Partner

Karanović & Nikolić is a leading international legal practice in South East Europe that offers unrivalled regional and sector specific coverage to investors. As a market leading practice, our dedication, quality legal service, and in-depth understanding of the needs of our clients stands out as a differentiating factor. With over 100 advisors across the region, our original values remain an integral part of our philosophy and approach to client work. Karanović & Nikolić has been involved in many of the largest and most complex transactions in the region and we take pride in our reputation as a regional transactional and corporate/commercial legal powerhouse.

Because we have an active business presence in Bosnia & Herzegovina, Croatia, Macedonia, Montenegro, Serbia and Slovenia, we operate seamlessly across all of these jurisdictions, providing regional services to our clients, while taking into consideration local particularities in order to provide the best legal advice under competitive terms. Renowned for the quality of our lawyers and our commercial approach to solving problems, Karanović & Nikolić advises many of the leading companies, banks, investors and government institutions doing business in the SEE region.

All News about, and Legal Analysis by, Karanovic & Nikolic can be found here.

Firm's website: https://www.karanovic-nikolic.com/

 

Our Latest Issue