19
Sat, Oct
52 New Articles

Zivkovic Samardzic Advises Belgrade Nikola Tesla Airport on Share Issuance

Zivkovic Samardzic Advises Belgrade Nikola Tesla Airport on Share Issuance

Serbia
Typography

Zivkovic Samardzic has advised Belgrade Nikola Tesla Airport, a joint-stock public company that owns and operates the Belgrade airport, on its new, third issuance of shares. The issuance of shares was a result of NTA’s share capital increase.

The Republic of Serbia, as NTA’s majority shareholder, contributed public parking garage and parking lots worth approximately EUR 6,250,000 into NTA’s share capital, since they are required for the further development of NTA. As the share capital increase was performed as an in-kind contribution by the Republic of Serbia — one of more than four million NTA shareholders — only the Republic of Serbia was remunerated by the issuance of new shares, while the preferential subscription rights of the remaining shareholders were excluded.

This was the second consecutive issuance of shares of NTA in less than three months and was performed as part of the preparatory actions for the concession granted to the French airport operator Vinci Airports for the financing, development through construction and reconstruction, maintenance, and management of infrastructure of the NTA.

The Zivkovic Samardzic team was led by Partner Igor Zivkovski and Senior Associate Sava Pavlovic.

Serbia Knowledge Partner

Who we are

Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

What we do

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

Firm's website: https://www.karanovicpartners.com/

 

Our Latest Issue