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Harrisons Advises EBRD on EUR 15 Million Loan to UniCredit Leasing Serbia

Harrisons Advises EBRD on EUR 15 Million Loan to UniCredit Leasing Serbia

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Harrisons has advised the EBRD on a EUR 15 million loan to UniCredit Leasing Serbia for on-lending to small and medium-sized enterprises in the country.

"This credit line will enable extending of leasing financing to private companies in Serbia, encouraging them to invest in high-performance standards, technologies, and services, enabling them to become more competitive and energy-efficient," Harrisons announced.

According to the firm, "the credit line is part of the EBRD's new Reboot program, which supports the recovery of small businesses from the slowdown caused by the pandemic. It will also help spread the green economy in Serbia by promoting investment in improving energy efficiency. About 70% of the program's funds will be allocated for investments in energy-saving and green technologies, while the rest will support investments in automation, increased productivity, product quality, and safety."

Operating in Serbia since 2004, UniCredit Leasing provides services for residents and local enterprises, as well as large and international companies.

The Harrisons team was led by Principal Mark Harrison and Consultant Ines Matijevic-Papulin and included Associate Mina Markovic.

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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