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Karanovic & Partners Advises Brose on Acquisition of 23 Hectares of Land from Republic of Serbia

Karanovic & Partners Advise Brose on Acquisition of 23 Hectares of Land from Republic of Serbia

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Karanovic & Partners has advised family-owned automotive industry supplier Brose on the acquisition of 23 hectares of land from the Republic of Serbia for the construction of a plant and a research center that will produce automotive equipment.

According to Karanovic & Partners, “the construction of the factory will begin in three months, and the plant should start operations in January 2021. Brose will invest more than EUR 180 million in this project. It is envisaged that they will employ at least 1,100 full-time employees.”

The Karanovic & Partners team was led by Partner Petar Mitrovic and included Senior Associate Milorad Gajic and Junior Associate Katarina Tomic.

Serbia Knowledge Partner

Who we are

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.

What we do

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

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

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


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