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Karanovic & Partners Advises ElevenEs on Battery Factory Partnership

Karanovic & Partners Advises ElevenEs on Battery Factory Partnership

Serbia
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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

Karanovic & Partners is a regional legal practice in Southeast Europe with a tradition spanning over 25 years and cooperating offices in Serbia, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, and Albania. With more than 150 attorneys at law working together across the region, we take pride in our work, dedication, and understanding of our clients' industries and needs.

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, start-ups, 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.

In our company culture, excellence is a must. We are reliable, adaptive, and fast. We operate under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

We are ambitious to propose innovative legal solutions and we are at the forefront of legal developments in Southeast Europe, pioneering new areas of the law and paving the way for new practices and regulations.

Firm's website.