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Schoenherr and Mamic Peric Reberski Rimac Advise on Siemens Energy's Joint Venture with Koncar

Schoenherr and Mamic Peric Reberski Rimac Advise on Siemens Energy's Joint Venture with Koncar

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Schoenherr has advised Siemens Energy on a joint venture agreement with Koncar for the production of transformer tanks. Mamic Peric Reberski Rimac advised Koncar.

Koncar is a Croatian company operating in the electrical industry. Its core operations include products, services, and solutions across power generation, power transmission and distribution, rail solutions and infrastructure, and digital solutions and platforms.

Siemens Energy delivers solutions in the fields of power generation equipment, transmission technologies, grid management, renewable energy sources, and digital solutions for the energy sector.

According to Schoenherr, "the new JVCo will be structured with Koncar holding 60% of the shares and Siemens Energy holding 40%. The joint venture will establish a state-of-the-art transformer tank manufacturing facility at Koncar's Sesvetski Kraljevec site, optimizing and increasing the production capacities of Koncar's transformer tanks business."

The Schoenherr team included Partner Ivan Einwalter, Attorneys at Law Kresimira Kruslin, Ksenija Sourek, and Lea Muzic, and Associate Dino Rakic.

The Mamic Peric Reberski Rimac team included Partner Vladimir Mamic, Junior Partner Nikola Kokot, and Attorney at Law Erblina Morina.