Energy & Natural Resources

Energy & Natural Resources

The energy and natural resources sector is one of the most dynamic areas for economic development in Serbia, Montenegro and Bosnia and Herzegovina. While existing capacities need overhaul and expansion, investors are attracted to greenfield opportunities among both traditional and renewable energy sources. BDK is a market leader in the field, having advised on the most prominent transactions in the region in various contexts, including privatisations, greenfield and brownfield investments, PPPs and concessions, corporate joint ventures and project development agreements. We provide regulatory advice in relation to generation, distribution, transmission and trade, in both the electricity and oil & gas sectors. BDK also advises clients from the mining sector on regulatory issues and assist them in transactions. 

“Noted expertise in the renewable energy sector assisting international clients, including contractors and investors, with large-scale projects. Works closely alongside the firm’s respected real estate and project finance practices to provide comprehensive legal support to energy clients as well as international financial institutions and construction companies. Particularly active on wind farm and infrastructure projects.

‘BDK has considerable experience with handling large-scale projects in Serbia and demonstrates expertise in the local regulations while providing overall legal support in projects.’”


“BDK Advokati AOD is consistently involved in Serbia’s most notable projects. Dragoljub Cibulić is the energy and infrastructure practice head; his experience includes advising on the procurement, development and financing of large infrastructure projects. Milan Dakić is a construction contracts expert.

‘This is a most experienced and professional team that acts on very complex matters.’”


“In the project development space the firm has been advising international investors on the development of large energy and transport projects.

‘Service provided by BDK Advokati in Serbia is professional and the lawyers are conscientious with quick response ability during the service period.’ – Project development

‘Strong professional and excellent client-oriented team.’ – Project development”


“The Montenegro office of regional firm BDK Advokati benefits from the support of its network. Active across the board the firm is notable for advising the government on its M&A and project development activity in the power sector. The firm also has project development expertise and has worked for the state and private investors on notable projects in energy and infrastructure sectors.”