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K&N Advises ZF on Electric Vehicle Parts Factory Project

K&N Advises ZF on Electric Vehicle Parts Factory Project

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Karanovic & Nikolic has advised ZF Friedrichshafen AG on the opening of an electric vehicle parts factory in Pancevo, Serbia, with an investment planned to amount over EUR 100 million.

The German company specializes in the design, research and development, and manufacturing activities in the automotive industry. It laid the foundations and began construction on June 21, 2018.

K&N reports that the new 25,000 square meter factory, which is being built on a land parcel of 10.8 hectares, will produce parts for electric and hybrid-electric vehicles and will service premium automotive manufacturers. The project will be realized in two stages and is expected to generate more than 1,000 new jobs.

The K&N team was led by Senior Partner Marjan Poljak and Senior Associates Ana Stankovic and Ana Lukovic.


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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