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Karanovic & Partners Advises GGF on EUR 10 Million Loan to UniCredit Bank Serbia

Karanovic & Partners Advises GGF on EUR 10 Million Loan to UniCredit Bank Serbia

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Karanovic & Partners has advised the Green for Growth Fund on extending a EUR 10 million loan facility to UniCredit Bank Serbia.

According to the firm, the loan is part of GGF's efforts to provide finance for energy efficiency and renewable energy investments in the Southeast Europe region.

Earlier this year, Karanovic & Partners advised GGF on extending a RSD 1.7 billion loan facility to UniCredit Bank Serbia for the same purposes (as reported by CEE Legal Matters on January 17, 2022).

The Karanovic & Partners team was led by Partner Maja Jovancevic Setka and Associate Dimitrije Ilic.

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.