Firms To Watch: Leading firms

Leading firms in Montenegro

Law Office Komnenic & Partners

Law Office Komnenic & Partners advises on complex mandates across the real estate, hospitality, and energy sectors, with growing activity in M&A and finance. The practice is jointly led by Milos Komnenić and Nemanja Radović who bring extensive experience in corporate, regulatory, and transactional matters.

Responsables de la pratique:

Miloš Komnenić; Nemanja Radović


Autres avocats clés:

Jovana Komnenic


Les références

‘Very friendly and ready-to-help approach, also in respect of issues specific to foreign investors in an emerging country’

‘Jovana Komnenic is very accessible and ready to support on a wide variety of legal matters (corporate, commercial, public law, etc.)’

‘Komnenić & Partners stands out for combining strong legal expertise with a clear understanding of business realities, particularly in regulated industries such as pharmaceuticals. The team is responsive and solution-oriented.’

Principaux clients

STRABAG SE


GLOVO


LUSTICA BAY


FRANCA


MIA INVESTMENTS


M ENERGY


SUNRISE EUROPE


CEE BIG


SPORT VISION


A2A S.P.A


LAPITHIS – APOLLO FUND


ERSTE BANK


ADDIKO BANK


LEITNER/NOVI VOLVOX


KROLBAY


GOLDEN GROUP


PLANTAŽE


AIR MONTENEGRO – TO MONTENEGRO


HIPOTEKARNA BANKA


ADRIATIC BANK


Principaux dossiers


  • Advised Hipotekarna Banka sellers on the sale of a majority stake (74.94%) to Agri Europe Cyprus, a cross-border transaction subject to regulatory approval
  • Advised CEE BIG / BIG MNE on the development of a new shopping centre in Nikšić, as part of the wider “Sunčani grad “(Sunny City) regeneration project.

BDK Advokati

BDK Advokati is recognised for its expertise in M&A and corporate transactions, frequently advising on complex cross-border mandates across the banking, finance, and energy sectors. The practice is led by Luka Popović , who is experienced in transactional and project development work for clients in the hospitality, energy, and gaming industries, often assisting on large-scale financings and regulatory matters. Bisera Andrijašević  provides specialist advice on competition, regulatory, and compliance issues, with a strong track record in advising health care, technology, and consumer sector clients. The firm is also active in fintech, payment services, and digital asset regulation.

Responsables de la pratique:

Luka Popović


Autres avocats clés:

Bisera Andrijašević


Les références

‘A small team with great experience and a good network for all the needs for M&A operations.’

‘Very clear and good understanding of the problems – able to find solutions and deliver.’

‘The team is competent and reliable with wide practical experience and strong professional level.’

Principaux clients

Net Holding A.S.


Alcazar Energy


EPAM Systems, Inc.


Zorlu Enerji


Hoffmann La Roche


Grupo Hotusa


Esperanza Development


Hillmetrics


Forta Advisors


Ledo d.o.o.


IDEA-CG d.o.o.


Podravka d.d.


Carlyle


Prime Wave d.o.o.


Orbico Hrvatska


Nova Ljubljanska banka d.d.


Glovo Montenegro


Astellas


Principaux dossiers


  • Advising on an ongoing legal support to EPAM Systems, Inc, on establishing businesses in Montenegro and Serbia.
  • Advising as lead legal advisor the French client Hillmetrics on the acquisition of one of the leading Montenegrin IT companies, Bild Studio.
  • Advised Podravka on the competition law aspects of its acquisition of Fortenova Group’s agricultural division, involving key subsidiaries such as Belje, Vupik, PIK Vinkovci, Energija Gradec, Belje Agro-Vet, and Felix.

Moravcevic Vojnovic and Partners in cooperation with Schoenherr

Moravcevic Vojnovic and Partners in cooperation with Schoenherr advises on a broad range of corporate, finance, and regulatory mandates, with a strong track record in cross-border M&A, project finance, and infrastructure development. The team frequently acts for major international investors, financial institutions, and energy companies. Slaven Moravčević leads the practice and is noted for his expertise in corporate restructurings, acquisitions, and large-scale real estate transactions. Nikola Babić oversees the banking and finance practice, advising on capital markets and project finance. Miloš Laković focuses on regulatory and energy mandates, including renewables and PPPs, while Luka Veljović  and Ana Ivanović are active across real estate, construction, and corporate advisory work. Petar Vučinić supports the team on corporate and dispute resolution matters.

Responsables de la pratique:

Slaven Moravčević


Autres avocats clés:

Nikola Babić; Miloš Laković; Luka Veljović; Ana Ivanović; Petar Vučinić; Ana Cerović


Les références

‘Moravčević Vojnović and Partners in cooperation with Schoenherr has been an exceptional and trusted partner, providing seamless guidance through every stage of our projects in Montenegro.’

‘What sets the team apart is its ability to combine deep local expertise with Schoenherr’s regional reach and international standards of service.’

‘The firm combines a detailed understanding of Montenegro’s regulatory framework with the resources and insight of a leading regional practice.’

Principaux dossiers


  • Advising TAV Havalimanlari Holding ASand Groupe ADP in connection with the landmark concession for the Airports of Montenegro, Tivat and Podgorica.
  • Advising the Government of Montenegro and the EBRD in developing a new legal and regulatory framework to promote renewable energy.
  • Advising Hyatt on a franchising arrangement with Montenegrin company Krolbay d.o.o. for a condo hotel featuring 206 accommodation units, 27 apartments, and 21 villas in the bay of Kotor.

Draškovic Popovic & Partners

Draškovic Popovic & Partners is recognised for its cross-border capability and wide sectoral expertise, advising international corporates on corporate, commercial, and competition matters in Montenegro. The firm’s Montenegrin desk is led by Vuk Drašković, Stefan Golubović also supported by Uroš Popović, together oversee a diverse portfolio spanning M&A, projects, energy, TMT, and regulatory work. The team is noted for its strong understanding of regional transactions, often coordinating multijurisdictional mandates through the firm’s Belgrade headquarters and the SELA network.

Responsables de la pratique:

Vuk Drašković; Stefan Golubović


Autres avocats clés:

Uroš Popović; Simona Vračar; Miloš Andrejević;


Les références

‘Top-tier professionalism with standout responsiveness. Excellent price–performance without compromising on quality.’

‘Vuk Drašković is a trusted, well-connected lawyer with exemplary professionalism. He couples deep local market insight with an outstanding cross-disciplinary network to solve complex matters efficiently.’

 

Principaux dossiers


  • Advising Obsidian Montenegro on a broad range of regulatory and employment matters essential to client’s business in Montenegro.
     
     
  • Advising MSC Global Shipping Company on competition law issues related to alleged abuse of a dominant position in Montenegro.
  • Advising Lan-Lee Holding Ltd – managing the full legal process related to the recognition and enforcement of a foreign court judgment in Montenegro.

CMS

CMS is recognised for its cross-border capabilities and integrated regional platform, advising on complex corporate, banking, and dispute resolution mandates. The Montenegro team handles M&A transactions, restructurings, and regulatory compliance across the energy, infrastructure, and telecommunications sectors. Oversight of the practice is shared between Radivoje Petrikić, Milica Popović , and Nedeljko Velisavljević, who respectively lead on corporate, finance, and disputes work. The group frequently advises on FIDIC-based construction projects, as well as corporate governance, employment, and data protection issues.

Responsables de la pratique:

Radivoje Petrikić; Milica Popović; Nedeljko Velisavljević


Autres avocats clés:

Tamara Samardžija


Principaux clients

Actis


Voith Hydro GmbH & Co KG


Qair Group


Canon Inc.


Citibank


Famera Investments Ltd.


Nextcom Group


MGAC UK Holdings


Principaux dossiers


  • Assisting Voith Hydro with tax, finance and corporate related issues in relation to their Montenegrin representative office.
  • Advising Qair Group in relation to its solar and windpark projects in Montenegro on all aspects of regulatory, corporate, employment and financing issues.

Doklestic Repic & Gajin

Doklestic Repic & Gajin is noted for its strength in corporate, M&A, and commercial law, advising on mergers, restructurings, and competition-sensitive agreements. The practice also has a growing profile in the technology sector, acting for clients in software, digital services, and cloud computing. Managing partner Slobodan Doklestic  the wider regional operations, while Danilo Radulovic heads the Montenegro office, advising on corporate and dispute resolution matters. Ljubinka Pljevaljcic brings expertise in contract, labour, and data protection law, and Dragan Gajin is recognised for his work in competition and transactional mandates. Andjela Todorovic supports on major corporate and regulatory instructions.

Responsables de la pratique:

Slobodan Doklestic; Danilo Radulovic


Autres avocats clés:

Ljubinka Pljevaljcic; Dragan Gajin; Andjela Todorovic; Vuk Drašković


Les références

‘Doklestić Repić & Gajin’s Montenegro team supported us in establishing a new legal entity with great professionalism and efficiency. They combine strong local expertise with a clear business mindset, making complex processes smooth and practical. Their responsiveness, collaboration, and transparent approach set them apart from other firms, and they deliver consistently high-quality, results-focused advice.”

‘I am consistently impressed by their expertise and professionalism. Everything is handled transparently and clearly. As our business has expanded, it has become even more important to have trusted local advisors; this team provides exactly that, combining deep local knowledge with practical, timely support.’

‘The team at Doklestić Repić & Gajin is distinguished by its combination of expertise, practical business focus, and collaborative approach. They provide comprehensive legal support across multiple jurisdictions while maintaining a personal, client-focused service. They translate complex legal issues into actionable guidance, ensuring advice is relevant, efficient, and aligned with modern business needs.’

Principaux clients

Philip Morris


MOL Group


NLB Bank


Crnogorski Telekom (Montenegro Telecom / member of Deutsche Telekom Group)


To Montenegro (Air Montenegro)


World Bank


Beluga Group


NELT & Co.


MonteCredit


Tarkett


Carlsberg


University of Montenegro


Saint Gobain


Adecco Group


VisionFund International


Medicover


DTD Holding


Hewlett Packard


Move one Inc.


DT Termo


J&C AERO


Lustica Development


4iG (One Mobile MNE)


Principaux dossiers


  • Advised Adecco Group in relation to setting up and licensing of an Educational Institution in Montenegro.
  • Advised Lustica Development on various legal matters related to their business operations and their premium real estate development project “Lustica Bay” in Montenegro.
  • Advised NLB Bank in Montenegro on various legal issues.

Harrisons Solicitors

Harrisons Solicitors has an established track record in Montenegro, advising on privatisation, M&A, and project development across the tourism, energy, and infrastructure sectors. The practice is led by Goran Martinovic , who has extensive experience representing foreign investors and government authorities in complex concession and cross-border investment projects. Mark Harrison, the firm’s founding principal, and Ines Matijevic-Papulin provide additional expertise in international finance and development mandates. The team is noted for its role in large-scale financing and infrastructure projects and for advising international lenders and investors on transactions involving both public and private sector participants.

Responsables de la pratique:

Goran Martinovic


Autres avocats clés:

Mark Harrison; Ines Matijevic-Papulin


Les références

‘Substantial International experience and expertise.’

‘Working with Harrisons was a very positive experience. What I appreciate most is their professionalism, quick response, and the way they manage to simplify even complicated issues with our clients. They are reliable and always available when needed, which gives both sides a lot of confidence in their service. They feel much more engaged and practical in their approach, and specially as « bridge » between our clients and us as a developer company.’

‘We value the fact that they take time to really understand our needs and make sure that communication with clients goes smoothly. ’

Principaux clients

EBRD


CAAP – Corporación América Airports S.A.


DEG


AFD


Orascom / Lustica Development


Aer Rianta International (ARI)


Royal Group (UAE)


Adriatic Marinas / Porto Montenegro (UAE)


Fortenova Grupa


Pangaea Ltd.


Aggreko


IHG Hotels


Globalstar


Vantage Drilling


EU Delegation to Montenegro


British Embassy Montenegro


Principaux dossiers


  • Montenegrin legal counsel to Corporación América Airports on public tender for concession of two Montenegrin airports, Podgorica and Tivat.
  • Montenegrin legal counsel to AFD on multi-tranche financing facility of a minimum of €100m to Montenegro, to support the ecological transition reforms undertaken by the Montenegrin Government in connection with the European Union (EU) accession roadmap.
  • Montenegrin legal counsel to EBRD in relation to upsize of the loan for additional €26m, which EPCG have requested in order to finance Gvozd-2 windfarm.

Karanovic & Partners in cooperation with local lawyers

Karanovic & Partners in cooperation with local lawyers is highly regarded for its work on complex cross-border corporate, banking, and infrastructure transactions in Montenegro. The practice is led by Marko Ćulafić, who oversees the firms' Montenegrin office and advises on M&A, corporate restructurings, and governance matters. He works closely with Milan Lazić , who heads the firm’s regional dispute resolution practice, and Darko Jovanović , recognised for his expertise in banking, finance, and PPP projects. Filip Vuković provides key support on regulatory and commercial mandates. The group is particularly active in energy, renewables, and large-scale project finance, drawing on the firm’s regional network.

Responsables de la pratique:

Milan Lazic; Marko Ćulafić


Autres avocats clés:

Bojan Vuckovic


Les références

‘The team is composed of seasoned professionals with extensive experience across various areas of law, including corporate governance, regulatory affairs, dispute resolution etc. This breadth of knowledge allows us to provide holistic, strategic advice tailored to the specific needs of each client.’

‘The individuals I work with stand out for their exceptional professionalism, deep subject-matter expertise, and unwavering commitment to delivering value to clients. They are not only experts in their respective fields, but also trusted advisors who understand the broader business and regulatory context in which our clients operate.

‘I particularly value their integrity, intellectual curiosity, and proactive approach to problem-solving. ’

Principaux clients

CKB Bank (Crnogorska komercijalna banka a.d. Podgorica), member of OTP Group


Philip Morris Montenegro doo Podgorica


Port of Bar


Ericsson


Inditex Group


HPS Investment Partners (UK) LLP


Krnovo Green Energy, Akuo Energy Central Europe and Masdar Energy BV


KFW IPEX-BANK GMBH


Principaux dossiers


  • Advised Krnovo Green Energy doo Nikšić, as the borrower, and sponsor Akuo Energy Central Europe on refinancing Montenegro’s first large-scale wind farm, involving senior and mezzanine facilities provided by KFW IPEX-Bank GmbH, EBRD, and Proparco.
  • Advised Crnogorska komercijalna banka, part of OTP Group, on project financing for the Kotor–Lovćen cable car, Montenegro’s first cable car infrastructure project.
  • Advised Inditex Group on corporate, regulatory, leasing, and real estate matters across Serbia, Montenegro, and North Macedonia.

Joksovic, Stojanovic & Partners

Joksovic, Stojanovic & Partners advises on major infrastructure, real estate, and tourism developments in Montenegro. The practice is led by Petar Stojanovic, who has long-standing experience in privatisation, public-sector, and investment projects. He is supported by Goran Vucic  and Danilo Vukčević. The team continues to assist the Government of Montenegro and international investors on high-value mandates, including transport and hospitality projects, combining corporate, regulatory, and dispute-resolution expertise within large-scale development and construction frameworks.

Responsables de la pratique:

Petar Stojanovic


Autres avocats clés:

Goran Vucic; Danilo Vukčević; Dragan Psodorov


Les références

‘A highly professional, responsive, and reliable team. ’

‘Petar Stojanovic is excellent, always available, and familiar with the details of the matters he works on. ’

‘Joksovic, Stojanovic & Partners has proved to be an outstanding team rendering first-tier legal services and ensuring comprehensive support and solutions for the most demanding legal challenges through a network of associated attorneys and partners across different cities in Serbia and Montenegro.’

Principaux clients

Government of Montenegro


Qatari Diar


Sonuba Montenegro – Mercury Group


Apollo Engineering


Principaux dossiers


  • Advising the Government of Montenegro with respect to the implementation of the contract for construction of highway Bar-Boljare, which is the biggest infrastructure project in Montenegro.
  • Advising the Montenegrin subsidiary of Qatari Diar with respect to the development of a major real estate project in Montenegro – tourist complex “Blue Horizons” valued at approximately €250m.
  • Advising Sonuba Montenegro doo – member of Mercury Group, regarding the planned investment for development of a tourist complex in Maljevic location near Bar.

JPM & Partners

JPM & Partners advises on a broad range of corporate, banking, and dispute resolution matters in Montenegro, with recognised expertise in financial services regulation, real estate, and infrastructure projects. The practice is led by Lana Vukmirovic Misic, who has significant experience in complex restructuring, construction, and arbitration work. She is supported by Marija Zivkovic, noted for dispute resolution and employment matters, Amra Ademović, who focuses on litigation and public-sector mandates. Dajana Drljević remains active on corporate and project-finance instructions.

Responsables de la pratique:

Lana Vukmirović Mišić


Autres avocats clés:

Marija Zivkovic; Amra Ademović; Dajana Drljević, Mina Čogurić,


Les références

‘Very strong background in M&A, business disputes, contracting, arbitration, and banking law. Excellent communication and collaboration practice, transparent and competitive compensation, flexible and highest ethical standards.’

‘One of the qualities I have most valued in Dajana Drljević is her professionalism and commitment to delivering results beyond expectations. She stands out for her precision, reliability, and timely responses, ensuring trust and efficiency in collaboration.’

‘The team combines wide-ranging expertise in Montenegrin law with strong institutional relationships. Highly responsive, pragmatic, and solution-oriented, they ensure smooth collaboration and nurture young talent with strong legal reasoning and confidence.’

Principaux clients

OTP Nyrt Budapest and CKB Bank AD Podgorica


4iG Nyrt


MV Finance DOO -« Flex Credit » DOO Podgorica


Fleka doo-PRESTO PAY


Addiko Bank AD Podgorica


Municipality of Pljevlja and Vodovod d.o.o


Lustina development


Expo group and Domaca Trgovina


Porsche


Shandong Foreign Economic & Technical Cooperation Co LTD, PRC


NLB Bank


Farmegra


HE Dabar


Agency for Audiovisual Media Services of Montenegro


Principaux dossiers


  • Advised OTP Bank Nyrt and CKB Bank AD Podgorica on multi-jurisdictional debt restructuring exceeding €116m.
  • Advised Fleka d.o.o. on licensing of Montenegro’s first payment institution, Presto Pay.
  • Acted for the Municipality of Pljevlja and Vodovod d.o.o. in defending an ICC arbitration initiated by Aqualia Intech S.A; the tribunal dismissed the claims and awarded full costs.

KBP Legal

KBP Legal is an emerging full-service Montenegrin firm with recognised strength across corporate, commercial, dispute resolution, and maritime law. The practice is led jointly by Milan Keker, Aleksandra Bujkovic, and Ivan Pejovic, who bring extensive experience from national and international work. The firm is noted for its work in corporate governance, foreign investment, and regulatory reform, alongside a growing presence in real estate and construction.

Responsables de la pratique:

Milan Keker; Aleksandra Bujković; Ivan Pejović


Autres avocats clés:

Sofija Tomović; Iva Rolović;


Les références

‘Milan Kuker is an excellent lawyer. I worked together with him in advising the senior judges in Montenegro, who obviously had great respect for him. He is very pleasant and easy to work with, and very hard-working.’

‘Good young team, familiar with local and international law, teamwork, creative issue solving.’

‘Bujkovic gives her attention to the details, communicative, always available, clear and concise in replying. She has ability to work without pressure, easy going, with strong self-confidence.’

Principaux clients

World Bank Group


Recrewty


Arivera Fruit


SALUS


Azoteq Montenegro


Principaux dossiers


  • Assisted the World Bank Group as Local Experts by conducting comprehensive legislative and operational analyses in corporate governance and the management of state-owned enterprises.
  • Provide comprehensive legal counsel to Recrewty in a complex M&A transaction, facilitating the transfer of shares in a Montenegrin start-up from individual shareholders to a Delaware company.

Pejovic Legal

Pejovic Legal provides comprehensive coverage across corporate, commercial, banking and finance, and dispute resolution. The practice is particularly active in real-estate-driven hospitality and tourism developments, and advises on structuring, financing, and regulatory compliance. Milena Roncevic Pejovic brings over two decades of experience in corporate and employment law, frequently assisting international clients entering the local market. The firm also maintains a steady advisory role on financial regulation and day-to-day corporate governance for multinational and domestic investors.

Responsables de la pratique:

Milena Rončević Pejović


Les références

Knowledgeable about legal developments and practice of authorities. Easy to communicate and responsive.’

Very professional and will go an extra mile when needed. Team adapts to the needs of the client.’

‘Milena Pejovic is extremely client focused, has great network and legal capabilities.’

Principaux clients

Leon Wealth Management


Ernst & Young


Accor Services Poland Sp. z o.o.


Hilti Aktiengesellschaft


LRB Property Investment


Velo d.o.o.


TLG Global


CEE-BIG B.V.


MST GmbH


BCL Holding AG


Crowne Plaza by IHG


TDI Radio


Principaux dossiers


  • Advises CEE BIG on real estate projects such as Capital Plaza and BIG shopping malls.
  • Advising Ernst & Young Montenegro on restructuring of one of the most valuable companies in Montenegro.

Radonjic / Associates

Radonjic / Associates is recognised for its comprehensive domestic offering across corporate, commercial, energy, and infrastructure matters. The team is experienced in advising international investors, contractors, and financial institutions on regulatory, transactional, and development-related mandates. The practice has particular depth in energy and renewables, real estate, and hospitality, while also maintaining strength in financial regulation and IP protection. Led by Vladimir Radonjic, with Maja Velimirovic supporting on finance and corporate matters, the team combines sector-specific insight with a strong grounding in Montenegrin law and cross-border coordination.

Responsables de la pratique:

Vladimir Radonjic


Autres avocats clés:

Maja Velimirovic; Itana Scekic; Sandra Kovacevic; Stefana Franovic


Principaux clients

Balcke-Durr Energy Solutions S.P.A.


RES Montenegro Group & RES Adria Group


Impresa Pizzarotti & C. S.p.A.


Jugopetrol AD Podgorica


Bumech SA


Otrant Star


Montenegroberza AD Podgorica


Alter Modus


Ralph Lauren Corporation


Louis Vuitton


Assaia Development


Carlsberg


ForumPay


Prysmian Powerlink DSD


Deel Inc.


Principaux dossiers


  • Advised Balcke-Durr on Montenegro’s largest-ever strategic infrastructure project: €1.15bn cross-border HVDC electricity link with Italy. The project is pivotal to Montenegro’s emergence as a regional energy hub and strengthens EU energy integration.
  • Advise RES Montenegro on the country’s largest renewable energy project, a 506 MW solar development across seven sites.
  • Act for Impresa Pizzarotti in the €700 million Portonovi resort, Montenegro’s flagship luxury tourism development.