27
Sat, Apr
27 New Articles

Komnenic & Partners and Karanovic & Partners Advise on Financing for Kotor-Lovcen Cable Car Project

Komnenic & Partners and Karanovic & Partners Advise on Financing for Kotor-Lovcen Cable Car Project

Montenegro
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Komnenic & Partners has advised Novi Volvox, Leitner, and Zicara Kotor-Lovcen DOO on the financing for the Kotor-Lovcen cable car project from OTP Bank. Karanovic & Partners advised OTP Bank through its CKB Bank subsidiary.

Leitner manufactures and distributes products and equipment for ropeways, snow groomers, urban transportation systems, and wind energy in Italy and internationally.

Novi is a construction company.

According to Komnenic & Partners, “developed by a project company and sponsored by Novi Volvox and Leitner, this exceptional endeavor has reached a rare project financing approved in Montenegro by Crnogorska Komercijalna Bank AD - OTP Member.”

The Komnenic & Partners team included Managing Partner Milos Komnenic and Senior Associate Desanka Kotlaja.

The Karanovic & Partners team included Senior Associates Sandra Perisic and Tijana Arsenijevic.

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.