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Motieka & Audzevicius Advises Petstart on Exit from Joint Venture with Romanian PET Waste Company

Motieka & Audzevicius Advises Petstart on Exit from Joint Venture with Romanian PET Waste Company

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Motieka & Audzevicius has advised Petstart UAB on its exit from a joint venture with a Romanian PET packaging waste company. The buyer was advised by Karanovic & Partners.

The joint venture enabled the parties to create a stream of trade of PET packaging waste collected in Lithuania in 2017. The transaction is subject to competition clearance in Serbia and North Macedonia. 

The Motieka & Audzevicius team consisted of Partner Giedrius Kolesnikovas, Associate Rokas Jankus, and Junior Associate Laurynas Ramonas. 

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

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

 

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