CMS has advised Austria-based Rail Cargo Group on creating a joint venture with Serbia-based Transfera.
OBB subsidiary Rail Cargo Group is a European rail logistics provider.
Transfera is Serbia’s second-largest transport and logistics provider.
According to CMS, "RCG will own 51% and Transfera 49% of the new company, which will be headquartered in Belgrade. The joint venture will initially focus on developing intermodal logistics solutions, aiming to integrate Serbian railways into the European transport network and promote environmentally friendly transport solutions."
The CMS team included Belgrade-baesd Partner Marija Tesic, Counsel Srdjan Jankovic, and Attorney at Law Mila Drljevic, Vienna-based Partner Dieter Zandler, and Warsaw-based Partner Malgorzata Urbanska.
CMS did not respond to our inquiry on the matter.