THE MACEDONIAN SEE LEGAL MEMBER FIRM COORDINATES THE DUE DILIGENCE OF AN AUSTRIAN COMPANY HOLDING 12 SMALL HYDRO-POWER PLANTS IN FOUR SEE LEGAL JURISDICTIONS
Heinzel Group, one of the leading European pulp and paper manufacturers and traders and the leading power and automation technology group, desired to acquire an Austrian Holding entity, Energy Eastern Europe Hydro Power („EEE“). EEE has three subsidiary companies in Bosnia and Herzegovina, Macedonia and Montenegro, which are operating hydroelectric power stations (most of them in Macedonia) or pursuing respective projects. Polenak Law Firm acted as lead counsel and coordinated the due diligence of EEE in these three jurisdictions, together with the SEE Legal member law firms Maric & Co (Bosnia and Herzegovina) and BDK Attorneys at Law (Montenegro).
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