M&A, Corporate and Commercial

M&A, Corporate and Commercial

Our Mergers and Acquisitions team works on many of largest, most complex and most closely watched M&A deals in South East Europe. What makes us one of the most respected regional transaction law firms is our client base, the mandates we win, our industry knowledge, as well as our reputation for creating additional value for clients and investing in relationships. Our extensive regional reach is combined with highly dedicated and experienced deal execution skills and local market knowledge.

Our clients include many of the world’s leading companies including Global Fortune 500 companies, leading PE funds, investment banks, IFIs, major local companies, management of the companies and high net individuals. We have great track record and long standing relationship with major US, UK and other intranational law firms when their or our clients require a cross border transactional advice.

Our M&A lawyers work closely with client’s financial and other advisors to understand their needs so that we can manage the risks throughout the deal process and ensure the best commercial outcomes are achieved within the right timeframe. Our team also offers clients the combination of specialist technical and industry expertise across ?? sectors from financial services through to energy & resources and healthcare. We are also supported by partners in the finance, competition, dispute resolution, employment, IP and real estate practices.

“Clients say that managing partner Tijana Kojović is a ‘great lawyer with a strong understanding of the clients’ business needs and Serbian law.’ She is well respected by her peers and has a broad practice that spans corporate, M&A and finance issues. She regularly handles complex multi-jurisdictional mandates and is well versed in matters involving Montenegro.

Head of the firm’s M&A practice, Vladimir Dašić has experience handling cross-border transactions in Serbia, Montenegro and Bosnia and Herzegovina. He has particular experience of acting for private equity clients on acquisitions and disposals across the region.

Dragoljub Cibulić manages the firm’s Montenegrin office out of Belgrade. He is noted for his experience of advising foreign clients on their energy and real estate investments in the region. He also has noted expertise in mandates in the construction and infrastructure sectors, including joint venture agreements and privatisations.”


“Dragoljub Cibulić is endorsed by interviewees, who note his ‘good track record’ in the Montenegrin market. Primarily Belgrade-based, Cibulić is particularly noted for his prowess on real estate mandates. He also offers advice to clients from the energy sector.

Luka Popović has significant experience of handling M&A transactions for high-profile international clients. He also has expertise in matters relating to real estate and commercial law.”


“Long-standing expertise in advising domestic and international clients on transactional and regulatory issues. Widely respected for its excellence in M&A and financing transactions, having specialist knowledge in a range of sectors including TMT, infrastructure and energy. Acts on behalf of domestic corporate and industrial clients as well as international investors and private equity funds. Additional experience of acting for pharmaceutical and mining clients on M&A transactions.

Interviewees praise the firm for its ‘expertise in Serbian law and ability to scale out with specialists in other practice areas.’

International clients praise the firm for providing ‘clear and logical feedback.’”


“Leading regional firm that operates primarily out of Belgrade with support from the Podgorica office. Boasts a strong banking and corporate practice, excelling in M&A transactions, privatisations and a range of finance mandates. Advises companies from an array of sectors, with a notable focus on energy, life sciences and technology. Has additional expertise in acting for clients from the tourism, real estate and oil and gas industries on cross-border concerns.

‘Their service was commendable in every respect. The team was responsive and very well organised, which was extremely important given the complexity and sensitivity of the matters at hand.’

‘They are always trying to help and understand clients’ needs. They keep to deadlines.’”


“BDK Advokati ‘always delivers quality work’. The firm has sectoral expertise in food and beverages, tobacco, pharmaceutical and banking. Highlights included advising Expobank CZ on the acquisition of Marfin Bank Beograd. Tijana Kojović and Vladimir Dašić are highly rated.”

LEGAL 500 2018 (SERBIA)

“BDK Advokati is ‘very knowledgeable about the Montenegrin legal environment’ and provides ‘a responsive service’ to an impressive roster of clients including Google, Gi Group and Aecom. The ‘proactive and knowledgeable’ Luka Popović is increasingly active advising Turkish and Chinese clients on their investments into the country and recently advised Turkey-based Net Holding on drafting the requisite management agreements to facilitate its operation of three casinos in the country. The team also regularly receives assistance from lawyers in the firm’s Serbia office including Dragoljub Cibulić, who recently worked alongside Popović in assisting Eni with a tender procedure and concession contract for hydrocarbon exploration and production with the Montenegrin government.”


“The ‘very experienced’ team at BDK Advokati in cooperation with Dijana Pejić, attorney-at law has ‘excellent levels of industry knowledge’ and is routinely involved in prominent transactions. Highlights included handling British American Tobacco’s purchase of IP tobacco assets and advising Sinosure on the provision of credit insurance for power station and railway upgrade projects. Serbia-based senior partner Vladimir Dašić and associate Dijana Pejić are noted.”