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Karanovic & Partners Advises Zijin Mining on RTB Bor Privatization

Karanovic & Partners Advises Zijin Mining on RTB Bor Privatization

Serbia
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Karanovic & Partners has advised Zijin Mining on its successful participation in a privatization procedure that resulted in the company becoming a strategic partner in Serbia's sole copper complex, RTB Bor. As a result, Zijin Mining pledged to invest USD 1.46 billion in return for a 63% stake.

Zijin Mining is a Chinese gold, copper, and non-ferrous metals producer and refiner.

RTB Bor is a copper mining and smelting complex located in Bor, Serbia. Copper ore has been excavated and melted for more than 100 years in RTB Bor, and the company contributes 0.8% of Serbia's GDP. 

The Karanovic & Partners team was led by Senior Partner Milos Vuckovic and Partner Ivan Nonkovic. 

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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