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).
CMS Sofia’s team consisted of Managing Partner Kostadin Sirleshtov and Associates Borislava Pokrass and Diyan Georgiev.
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.