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Karanovic & Partners Advises ElevenEs on Battery Factory Partnership

Karanovic & Partners Advises ElevenEs on Battery Factory Partnership

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Karanovic & Partners has advised ElevenEs on partnering with EIT InnoEnergy to build a lithium iron phosphate (LFP) battery factory in Subotica, Serbia.

According to Karanovic & Partners, the LFP battery plant is set to be the first large factory of its kind in Europe. “ElevenEs has signed agreements with EIT InnoEnergy, which Pitchbook ranks as the most active sustainable energy investor globally.”

ElevenEs has developed its own LFP technology to produce batteries for electric passenger cars, buses, trucks, forklifts, other industrial vehicles, and energy storage systems.

The Karanovic & Partners team included Senior Partner Marjan Poljak and Senior Associate Igor Radovanovic.

Karanovic & Partners at a Glance

Who we are

Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

What we do

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.​

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

Firm's website: https://www.karanovicpartners.com/