Maric & Co Advises M.T. Abraham Group

Maric & Co Law Firm advises M.T. Abraham Group on all aspects of the implementation of a strategic plan, which was agreed upon with the aim of revitalising production of once one of the largest regional producers of aluminium, Aluminij d.d. in Mostar.

Eldorado Gold Sells its Mining Companies in Serbia

Canadian mid-tier gold and base metals producer Eldorado Gold sells its two Serbian mining companies, Tara Gold and South Danube Metals to Ibaera Capital, an Australian PE focused on exploration and project development. Eldorado Gold was advised by BDK Advokati’s senior partner Vladimir Dasic and associate Sanja Dedovic.

Sale of 100% of the Shares in MARIBORSKA LIVARNA MARIBOR d.d.

Slovenian Bank Assets Management Company is selling MARIBORSKA LIVARNA MARIBOR d.d. is a manufacturer of different tools and mechanical treated aluminium die-castings designed for the automotive, electrical and machine industry.

Maric & Co Law Firm Successfully Represented Former Employees of Aluminij d.d. Mostar in an Ethnic Discrimination Case

Ezmana Turkovic, partner at Maric & Co Law Firm, has represented former employees of Aluminij d.d. Mostar in an ethnic discrimination case against Aluminij d.d. Mostar and the Government of the Federation of B&H. Ezmana won the case, so the employees were entitled to total damage compensation in the amount of cca. BAM 1 million. One month after Aluminij d.d. Mostar has shut down operations due to debts, the case attracted again the public attention.

Polenak Law Firm Advises EBRD

Polenak Law Firm advised EBRD in a loan transaction of EUR 5 million to Aktiva, including transaction advice and security documentation.

Polenak Law Firm Advised Global Special Opportunities Ltd.

Polenak Law Firm advised Global Special Opportunities Ltd. (GSOL) in an acquisition of the assets of Feni Industries AD in the process of bankruptcy and reorganisation of this large ferronickel production plant. After a year of efforts to maintain the production and purchase creditor’s claims, and following investments of over EUR 80 million, GSOL’s reorganisation plan for Feni Industries was finally approved and GSOL, through its subsidiaries, acquired the assets of this production plant.

Invitation to Tender for the Purchase of Claims Held Against the Fori Group

With the transfer of assets in 2014 from Slovenian banks, the Slovenian Bank Assets Management Company (BAMC) became a creditor of the companies TT Okroglica d.d., Fori d.o.o., Fori Skupina d.o.o., Elvel d.o.o., Emo-Tech d.o.o. (the “Fori Group”). At this point, BAMC is considering disposing of its collateralized loan exposure in the companies in the total amount of EUR 18,1 million. The deadline for submission of indicative offers is 23 April 2019 and the deadline for submission of binding offers 26 June 2019.

Unior for Sale

Slovenian Sovereign Holding included Unior, d.d., a company specialized in production, transformation and processing of metal, in its de-investment plan for 2018, offering its 39.43% share for sale.