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DTB Advises on Koncar-Siemens Energy Joint Venture Competition Clearance

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Divjak, Topic, Bahtijarevic & Krka has advised on the concentration notification for a joint venture between Koncar and Siemens Energy Group, resulting in the formation of Koncar - Transformatorski Kotlovi.

Koncar - Transformatorski Kotlovi focuses on producing and selling transformer tanks and is a result of an acquisition that took place in 2024 (as reported by CEE Legal Matters on July 18, 2024).

According to DTB, the competition clearance concerned approvals from the European Commission and authorities in Albania, Bosnia and Herzegovina, North Macedonia, Serbia, and Ukraine.

The DTB team included Senior Partner Mario Krka and Attorneys at Law Ana-Maria Sunko Peric and Dominik Glavina.