BDK Advokati has advised the EBRD on its provision of a EUR 2 million loan to BG Reklam, a marketing materials manufacturer.
The deal included financing from the Enterprise Expansion Fund (ENEF) and Banca Intesa. Due to the fact that the ENEF is managed by the EBRD, BDK Advokati indirectly advised ENEF too, while Banca Intesa was counseled by its in-house lawyers.
BG Reklam designs, develops, and produces permanent point-of-sale materials in Serbia. The EBRD loan will help the company to upgrade and expand its facilities, increase its capacity, and produce specialized products.
The transaction is the latest in the continuing trend of investments made by multilateral agencies in Serbia and the region (including those in the SME market) since the second half of last year.
The BDK team was headed by Managing Partner Tijana Kojovic, who was assisted by Senior Associate Dragoljub Sretenovic and Associates Dorde Zejak and Igor Matic.