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JPM Advises MTU Aero Engines on Memorandum of Cooperation with Republic of Serbia

JPM Advises MTU Aero Engines on Memorandum of Cooperation with Republic of Serbia

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JPM has advised MTU Aero Engines AG on its agreement with the Republic of Serbia regarding skilled labor training.

According to JPM “the decision to step up cooperation comes as the extension of the plan of MTU to open a dedicated engine parts repair facility in Serbia.” The new facility will be located in Nova Pazova near Belgrade and is planned to be up and running in 2022. As part of the project, a Serbian subsidiary, MTU Maintenance Serbia d.o.o., has been set up.

MTU Aero Engines AG is a German engine manufacturer which operates in low-pressure turbines, high-pressure compressors, turbine center frames, manufacturing processes, and repair techniques.

The JPM team was led by Senior Partner Jelena Gazivoda and included Partners Ivan Petrovic, Nikola Djordjevic, and Jelena Nikolic.  

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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.

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