Polenak Law Firm is an independent North Macedonia full-service firm established in 1946 and based in Skopje. It has a team of five partners and 11 associates.
The firm is experienced in banking work, especially on the side of the lender, and in M&A, including recently on deals in the healthcare sector.
Polenak Law Firm acted as local legal counsel for Comino Media Limited in connection to an amendment to a senior multicurrency term and revoling facilities agreement. Their work included advice on the security matters under Macedonian laws and negotiating the aspects of the amendment and restatement agreement concerning Macedonian law aspects. The transaction closed in April 2024.
The team also advised Palmet Enerji Anonim Şirketi in the tender procedure for PPP for financing, designing, construction, management, maintenance and development of the natural gas distribution system in the Republic of North Macedonia in most municipalities in North Macedonia. Their work included preparing and filing the final tender documentation as well as preparing a legal memo on the local regulatory framework for the natural gas distribution market and regulation on commercial and residential gas line installation requirements and the provisions of such services. The documentation was submitted in February 2024, however the project is currently suspended.
Limak; NLB Skladi; Joyson Safety Systems Macedonia DOOEL; M-6 EDEN DOO Skopje; YILDIRIM International Investment Holding B.V.; HelleniQ Energy Holdings; Palmet
Testimonials 2024/2025
"The firm has excellent knowledge of the local market and practice of regulators, a pro-transaction approach, advice that makes business sense for the client, and calmness in a transaction." (M&A)
"Tatjana
Shiskovska is very responsive, has excellent knowledge of local regulators' practice, is hands-on the project and is very easy to communicate with." (M&A)
"Kristijan
Polenak is the legal eminence in the North Macedonian market, with loads of experience in all kinds of projects, very focused on protecting the client and calm in stressful situations." (M&A)
Testimonials 2023/2024
"They have a meticulous method of legal work and the ability to analyse the matter thoroughly. In addition, they have a good command of the practice and provide guidance that is not only technically but also practically correct." (Project Development
"Aleksandar Dimic is very detail-orientated and time-efficient. He is available by phone or email for any urgent issues, he is more than capable of prioritising the issues and provide advice considering the risk factors."
