Komnenic & Partners has advised Novi Volvox, Leitner, and Zicara Kotor-Lovcen DOO on the financing for the Kotor-Lovcen cable car project from OTP Bank. Karanovic & Partners advised OTP Bank through its CKB Bank subsidiary.
Leitner manufactures and distributes products and equipment for ropeways, snow groomers, urban transportation systems, and wind energy in Italy and internationally.
Novi is a construction company.
According to Komnenic & Partners, “developed by a project company and sponsored by Novi Volvox and Leitner, this exceptional endeavor has reached a rare project financing approved in Montenegro by Crnogorska Komercijalna Bank AD - OTP Member.”
The Komnenic & Partners team included Managing Partner Milos Komnenic and Senior Associate Desanka Kotlaja.
The Karanovic & Partners team included Senior Associates Sandra Perisic and Tijana Arsenijevic.
