Bojović & Partners advises NBG Group on the sale of Vojvođanska Banka

Bojović & Partners has acted as local counsel to National Bank of Greece, in its sale of Vojvođanska Banka a.d., NBG Leasing d.o.o., and a portfolio of Serbian-risk corporate loans, to OTP Banka Srbija A.D. Novi Sad. 

OTP Bank acquired 100% of ownership in Vojvođanska Banka and NBG Leasing on 4 August 2017. The agreed consideration for the share capital of Vojvođanska Banka and NBG Leasing amounts to EUR 125 million.

It is expected that the financial completion of the transaction will happen by the end of 2017, and OTP Bank Serbia and Vojvodjanska Banka will make maximum efforts to secure an efficient integration of financial institutions.

The B&P team was led by partner Vuk Drašković, as local legal counsel to NBG, while Freshfields Bruckhaus Deringer acted as international legal counsel led by corporate partner Sebastian Lawson

The announcement of National Bank of Greece can be found here.

CED-LOGIC Serbia 2017 – 21st September 2017 – Falkensteiner Hotel Belgrade

Real estate practice co-head Ivan Gazdic will be one of the speakers at the CED-LOGIC Serbia 2017 Forum, which will be held at Falkensteiner Hotel Belgrade, 21st September 2017.

Five CED-Logic forums in Belgrade, Budapest, Bucharest, Prague and Warsaw, will be held during September 2017 to February 2018, with a focus on each countries local logistics market, with a broad cross-section of influential local and international experts, as well as key figures from corporate end users, property developers, investors and city officials.

For more information and registrations please follow the link.

Serbia: Legal Briefing - Real Estate & Construction 2017

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Bojovic & Partners published Legal Briefing - Real Estate & Construction 2017, on the latest real estate market trends and legislation governing the real estate and construction industry in Serbia.

Be informed on the Serbian real estate market (office space, residential market, retail segment, industrial segment, and hotel market) and new improvements in the real estate and construction law and regulations in Serbia.