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NKO Advises CTP on (Another) Novi Sad Land Acquisition

NKO Advises CTP on (Another) Novi Sad Land Acquisition

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NKO Partners has advised CTP on the acquisition of land from the City of Novi Sad.

According to the firm, the land is "intended for development on behalf of the Nidec Elesys Corporation, which deals in manufacturing and sales of automotive inverters and ECUs. The project is proclaimed to be of national interest to the Republic of Serbia by the Serbian Government."

The deal follows another acquisition earlier this year, also "earmarked for development on behalf of the Nidec Corporation, a Japan-based company operating in the global brushless DC motor market" (as reported by CEE Legal Matters on July 7, 2021).

The NKO’s team was led by Partner Djordje Nikolic.

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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