CMS Sofia and Doklestic Repic & Gajin have advised Balkantel on its participation as part of a consortium with the Trace Group in a EUR 60 million modernization and rehabilitation project of the Nis-Brestovac railway in southern Serbia. The Trace Group was advised by Eurolex Bulgaria and Andric Law Office.
According to CMS, “the project is financed by the EU and co-financed by the Ministry of Finance of Serbia and includes both the design and construction phases.“
This marks the second railway-related project CMS advised the Balkantel/Trace Group consortium on, following its successful participation in a tender for a EUR 45 million railway public procurement project in Bulgaria (as reported by CEE Legal Matters on July 27, 2020).
Doklestic Repic & Gajin’s team included Partners Slobodan Doklestic and Milos Pandzic.
Eurolex Bulgaria’s team was reportedly led by Stoyan Barzakov.
Andric Law Office’s team was reportedly helmed by Managing Partner Luka Andric.