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Karanovic & Partners Advises ElevenEs on Battery Factory Partnership

Karanovic & Partners Advises ElevenEs on Battery Factory Partnership

Serbia
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Karanovic & Partners has advised ElevenEs on partnering with EIT InnoEnergy to build a lithium iron phosphate (LFP) battery factory in Subotica, Serbia.

According to Karanovic & Partners, the LFP battery plant is set to be the first large factory of its kind in Europe. “ElevenEs has signed agreements with EIT InnoEnergy, which Pitchbook ranks as the most active sustainable energy investor globally.”

ElevenEs has developed its own LFP technology to produce batteries for electric passenger cars, buses, trucks, forklifts, other industrial vehicles, and energy storage systems.

The Karanovic & Partners team included Senior Partner Marjan Poljak and Senior Associate Igor Radovanovic.

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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