Montenegro

IFLR1000 Reviews

Financial and corporate
JPM & Partners

JPM & Partners is a law firm with offices in Serbia, Montenegro, North Macedonia, and Bosnia and Herzegovina. The Montenegro office, based in Podgorica, is led by Ms. Lana Vukmirović Mišić.

 

Highlights  

JPM & Partners Montenegro advised Antenna Hungaria (now 4iG Távközlési Holding Zrt) on transferring its shares in One Crna Gora as an in-kind contribution to 4iG International Telco Holding Kft. The team was involved in structuring the share transfer and maintaining compliance withthe relevant regulatory requirements. The restructuring concluded in March 2025.  

The team also HE Dabar in connection with the realization of an EPC Contract awarded to China Gezhouba Group, for design, supply, delivery, manufacturing, transportation, installation, construction, testing and commissioning of the 159 MW hydropower plant. This included advising on the overall contractual structure, addressing claim issues, and providing guidance on contractual matters. The project is valued at 190 million euros and is expected to be completed in January 2028. 

 

Key Clients  

Lustica Development AD; Presto Pay; OTP Nyrt and CKB bank; Flex Credit; 4iG Group; HE Dabar; Shandong Foreign Economic & Technical Cooperation Co LTD, PRC 

 

Testimonials 2024/2025

The team is highly professional, available 24/7, easy to cooperate with, and have very good communication skills. (Banking & Finance) 

The team has the ability to explain complex legal matters to non-legal staff as well as transparency of invoicing. (Banking & Finance) 

We appreciate their knowledge, accuracy, ability to execute the activities according to the deadlines, and experience in working with global companies. (Banking & Finance) 

A capable and professional team. (Banking & Finance) 

The firm is very well organized with up-to-date with all the instructions, regulations and policies in the country. (Banking & Finance) 

The team has more than adequate knowledge and experience to judge in all our tasks 
always on time and meet the scheduled tasks. They have experience how to adjust and assign time and efforts per each task and they are always surprising us. (Banking & Finance) 

Very respectful, helpful, and have great work calendar to follow up work in a perfect way. (Banking & Finance)   

What stood out about JPM Partners Montenegro was their dedication and expertise, particularly through the work of a highly knowledgeable lawyer who was assigned to us. This lawyer was exceptionally attentive to details and provided invaluable guidance on structuring our license request in the best possible manner. Their commitment and thorough understanding of the subject matter ensured that we were well-prepared and confident throughout the application process. (Financial Services Regulatory) 

We appreciate the team’s service and expertise at the highest level(Financial Services Regulatory) 

I appreciate JPM Partners' client-focused approach, responsiveness and professionalism. (M&A) 

Dajana Drljević has perfect timing, great communication skills, and is a knowledgeable and educated associated with perfect ethics. (Banking & Finance) 

Dajana Drljević completes her work efficiently, adheres to deadlines, and maintains a high level of accuracy. (M&A) 

We appreciate Alma Karađuzović Đinđinović’s communication, knowledge, responsibility, and expertise. (Banking & Finance)  

Alma Karađuzović Đinđinović is pragmatic and well organized, very professional, and capable. (Banking & Finance) 

Alma Karađuzović Đinđinović has strong experience and knowledge in banking industry, good communication skills, is very responsive, goal oriented and reliable, and a true team player. (Banking & Finance) 

Lana Vukmirović Mišić has broad experience in banking industry, impressive communication skills in English, keen perception, and is goal oriented in the interest of client and highly responsive. (Banking & Finance) 

Lana Vukmirović Mišić has an iconic character, very strong network, knowledge and experience that make her always in the top to perform all the delegated mission in the exact and expected outcome. She has an outstanding performance in company formation, project development, legal terms associated with the work mission. She could solve any complex problem in one working day or she could provide a solution immediately. She comes up with alternatives and solutions in an amazing way. (Banking & Finance) 

Lana Vukmirović Mišić excels in her deep understanding of the subject matter and her attention to detail. She is highly dedicated, providing clear and comprehensive guidance throughout the process. Lana's ability to explain complex regulatory requirements in an accessible manner and her strategic approach to structuring our license application were particularly impressive. Her professionalism and commitment significantly contributed to the success of our project. (Financial Services Regulatory) 

As a managing partner, Lana Vukmirović Mišić has the ability to focus the group on a specific task and give a clear problem-solving solution to the clients. (Financial Services Regulatory) 

Lana Vukmirović Mišić works quickly, meets deadlines, and delivers precise results. (M&A) 

 

Testimonials 2023/2024 

“The law firm is permanently working for us on active and passive legal cases, all questions regarding banking law and CBCG regulations, labor law and domestic and international contracts” – Banking and finance

“JPM & Partners established a company for us, helping in obtaining bank accounts, helping in Business Visa application, Ministry of Foreign Investment, Construction and Consultancy Firms besides the accounting services” – Banking and finance

“JPM Law Firm Montenegro recently assisted us in preparing and structuring the application documentation for a payment institution license under the PSD2 regulation in Montenegro. They expertly orchestrated the legal aspects of the license application process and provided comprehensive consultancy for all segments of our application. Their thorough and knowledgeable approach was instrumental in guiding us through this complex regulatory environment.” – Financial services regulatory

 

Amra Ademović

“Knowledge, experience, availability, communication, ethical standards.”

 

Lana Vukmirović Mišić

“Lana Vukmirović Mišić excels in her deep understanding of the subject matter and her attention to detail. She is highly dedicated, providing clear and comprehensive guidance throughout the process. Lana's ability to explain complex regulatory requirements in an accessible manner and her strategic approach to structuring our license application were particularly impressive. Her professionalism and commitment significantly contributed to the success of our project.”

“She knows her work in a professional way, she is an expert person in her workspace and knows how accurate to do the work with higher results with very short time.”

“Knowledge, experience, availability, communication, ethical standards”

“Problem-solving at a high level”

“Problem solver. Listens to client needs and instantly provides solutions. Always online.” Gives clear tasks to team and support them.”

Radonjić Associates

Radonjić Associates is a full-service law firm established in 1987. The firm is led by Vladminir Radonjiic and the firm assists both local and foreign investors on a range of corporate and commercial matters.  The firm has a wide spectrum of expertise in banking and finance, capital markets and M&A.

 

Highlights  

Radonjić Associates provides Jugopetrol with complete legal support related to energy, infrastructure, corporate, regulatory, and procurement. Projects include infrastructure projects such as petrol stations, yacht supply facilities, and installation reconstructions.  

The firm was also engaged on a $1.35 billion intergovernmental strategic infrastructure project involving the construction of HVDC converter stations between Italy and Montenegro as part of a cross-border electricity transmission initiative. The team acted for Balcke-Durr and its Montenegrin branch, the main contractor for the HVDC converter stations on both sides of the cable. Their worked included energy law, construction, corporate structuring, employment, and compliance.  

 

Key Clients  

Helleniq Energy Holdings S.A; Jugopetrol; Montenegro Stock Exchange (Montenegroberza AD); Alter Modus; Carlsberg Montenegro; Balcke-Durr Energy Solutions S.P.A.; RES Montenegro Group & RES Adria Group; Impresa Pizzarotti & C. S.p.A.; Otrant Star; Prysmian Powerlink DSD 

 

Testimonials 2024/2025

Very professional and well-experienced team. (M&A) 

Very accurate and reliable. (M&A) 

They are extremely responsive and provide clear and actionable guidance. (Project Development) 

Stefana Franovic is well experienced professional, very attentive to details and reliable. (M&A) 

Stefana Franovic respects the deadlines and goes above and beyond in providing support whenever needed. (M&A) 

Itana Scekic is very responsive and provides clear and actionable guidance to clients across industries. (Project Development) 

 

Testimonials 2023/2024

Private equity 

"Professional, fast, excellent legal expertise, and in-depth knowledge of the commercial and legal developments in their jurisdiction.” 

"They are a great group of professionals. Every single member of their team you encounter provides you with the full, consistent information you need. They are very reliable, supportive and always finding a way to protect and assist in their client`s needs.” 

  

Project development 

"Wonderful.” 

"Well-orientated, proactive and really good in English, both written and spoken." 

  

Stefana Franovic       

Very knowledgeable and experienced. She is always available to assist and answer the question. Very consistent in her work and very well organised.” 

            

Ana Ivanovic  

"I have been working with Ana for more than a year now and during this time we have had truly great communication. Ana proved to be a hard-working and trustful colleague I could always rely on. Her dedication and involvement were priceless to our law firm. Ana always finds the best possible solution for the issue at hand. In addition to her expertise and commitment to the clients and colleagues working on the same project, Ana is always very responsive, well-organised and highly motivated. Not to mention that she has great interpersonal skills. 

  

Vladimir Radonjic      

"He is incredibly knowledgeable, responsive and helpful on all of our issues." 

"He is both a pleasure to talk to, and also highly professional. I am always happy to have a project in Montenegro, as I know I will get both legal support and also the latest info on the market in general." 

  

Itana Scekic    

"She is responsible, pleasant in cooperation and has experience." 

  

Maja Velimirovic         

"Great."

BDK Advokati

Established in 2004, BDK Advokati is a full-service firm with offices in Serbia, Bosnia & Herzegovina and Montenegro. It opened its office in Podgorica in 2009.

 

Focusses / specialisms

The firm has a strong practice in financial and corporate and project development, achieving top tier status for Montenegro in both areas.

 

Key clients

The firm works closely with the Government of Montenegro/Ministry of Economy and the Montenegrin transmission system operator (CGES). It advises banks like Société Générale and ING Bank.

 

Research period review: 32nd edition (2022/2023)

The firm was particularly active in banking and M&A work during the research period where it advised clients mainly on asset acquisition, financing and refinancing transactions.

In banking the firm advised banks acting as lenders on financing and refinancing transactions.

The firm advised clients in gaming and mining industries on several asset acquisitions and joint ventures. It also assisted clients in establishment of businesses in Montenegro.

In project development the firm was active in advising construction company on regulatory compliance for project and oil and gas company on hydrocarbon project.

 

Deal highlights: 32nd edition (2022/2023)

Nomad Foods €615 million acquisition of Fortenova group’s frozen food business group

Podgoricka bank €2 million financing

 

Client Feedback: 32nd edition (2022/2023)

 

Financial services regulatory

"They are timely and always ready to respond to our requests regardless of the working hours."

"They are very timely and devoted. Even in tight schedules, they perform excellently."

 

M&A

"Legally founded and business-driven pragmatic advice."

 

Project development : Mining

"Clear, objective advice and information related to legal/regulatory system in the host country."

 

Bisera Andrijašević

"Very good jurisdiction knowledge and timely, transparent communication."

 

Luka Popović

"Clear, analytical, professional."

"Smart and responsive."

"He is very competent. He is good at problem-solving and offering solutions."

"He is always accessible and very good at immediate advice and problem-solving."

CMS Reich-Rohrwig Hainz

CMS Reich-Rohrwig Hainz is the Montenegrin presence of international law firm CMS. The firm in Montenegro was established in 2012 and is led by Milica Popovic and is based in Podgorica.

CMS is an international law firm established in 1999. The firm has over 5,000 lawyers, including over 1,100 partners located in 70 offices in 45 countries.

 

Focusses / specialisms

The firm has a focus on financing and project development work.

 

Key clients

Key clients of the firm include EVN/WTE Group, Lustica Development, Fragomen, ZTE Corporation, MOL Maritime Europe, SinoGulf, Hortex, Betfair, Ocean Montenegro and Novartis.

Danilo Radulovic in cooperation Doklestic Repic & Gajin

Based in Podgorica, Danilo Radulovic in cooperation Doklestic Repic & Gajin is an association between a Montenegrin firm (the former in the name) and a Serbian firm (the latter) established in late 2019.

In addition to Doklestic Repic & Gajin’s headquarters in Belgrade and its Montenegro presence, the firm has an office in Bosnia and Herzegovina through another association with a local firm. It is also a founder member of Lex Adria, a legal network of independent firms from states that used to comprise Yugoslavia. 

 

Focusses / specialisms

The firm works across the financial and corporate practice area, but is particularly experienced and active in cross border M&A.

 

Key clients 

Some of the firm’s key clients are European Bank for Reconstruction and Development, HP, Telecom of Montenegro and Deutsche Telekom Group, NLB Bank, Komercijalna Banka, Saint-Gobain, Monte Credit MFI, G4S Secure Solutions, C Group, PH International, Fidelity Consulting and Carlsberg. 

 

Client feedback: 32nd edition (2022/2023) 

Banking and finance 

"My biggest impression about DRG is that, regardless of the complexity of the issue in question, everything goes very smoothly. I consider that this is because the DRG team is obviously focused on constant improvement of their knowledge." 

 

M&A 

"In our view they are simply outstanding and great to work with. Their legal knowledge and experience is difficult to match. Also, they are superbly proactive, client-centric and very pro-business oriented. Their advice is always practical and useful. 

We deem that they are on top of the market." 

Harrisons

Harrisons is a law firm established in 1999 by Mark Harrison. The firm operates in London, Belgrade and Podgorica.

 

Focusses / specialisms

The firm has a strong practice in financial and corporate work, achieving top tier status in this area for Montenegro. The firm is also very active in project development work.

 

Key clients 

Key clients of the firm include Fortenova GrupaAFD, EBRD, Corporación América Airports and Aer Rianta International 

 

Client feedback: 32nd edition (2022/2023) 

Bank lending: Lender side 

"Harrisons are a very reliable firm, made up of competent and business-oriented lawyers who are excellent at helping a foreign client navigate the local market." 

 

PPP/PFI 

"Excellent local and international knowledge base on the topic of our interest; promptness in responding to our queries and level of details provided." 

Karanović & Partners in cooperation with local lawyers

Karanović & Partners in cooperation with local lawyers is the Montenegrin presence of the international firm Karanovic & Partners. The firm in Montenegro is led by partner Milena Pejovic and is based in Podgorica. 

Established in 1995 and based in Belgrade, Karanovic & Partners, originally Karanović & Nikolić, is a large firm by local standards, employing more than 50 lawyers, 16 of whom are partners. It has an international network, working in association with firms in Slovenia, Bosnia and Herzegovina, Montenegro and North Macedonia.

 

Focusses / specialisms

The firm has a strong practice in financial and corporate work, achieving top tier status in this area for Montenegro.

 

Key clients 

Key clients of the firm include Iberdrola Ingeniería y Construccion, Safiro Beach Resort, Karisma Hotels & Resorts, Newpark Resources, Petrol Montenegro,Hellenic Petroleum, Oxford Computer Group, Chopin Vodka, CMI, CKB Banka and Stihl.  

 

Client feedback: 32nd edition (2022/2023) 

Private equity 

"Extremely professional advice. An in-depth analysis, the ability to clearly present the legal status of the case, the ability to efficiently plan a legal strategy in negotiations, procedural strategy, punctuality, a well-organised team. Karanovic and Partners lawyers give a sense of comfort in understanding Montenegro's legal regulations and are good partners for a business discussion and strategy planning." 

Law Office Vujacic

Law Office Vujacic is a corporate law firm founded in 1971 with an office in Podgorica. 

 

Focusses / specialisms 

The firm is focused on financial and corporate work.  

  

Key clients 

Among the clients of the firm are European Bank for Reconstruction and Development, KfW IPEX-Bank, AstroBank, Woodinvest Beruhazo, GE Capital Aviation Services and Brazilian Federal Government.  

Moravčević Vojnović and Partners in cooperation with Schoenherr

MoravčevićVojnović and Partners in cooperation with Schoenherris a Monetengrin presence of the firm Moravčević Vojnović and Partners. The firm is based in Podgorica. 

Schoenherr is an international law firm established in 1950 which is based in Central and Eastern Europe, operating in 14 countries.  

 

Focusses / specialisms 

The firm has a strong practice across financial and corporate and project development work, achieving top-tier status for both areas in Montenegro. 

 

Key clients 

Key clients of the firm include Société Générale, Deutsche Bank, ERSTE Foundation, Raiffeisen Bank International, Sucafina, MUFG Securities EMEA, Novi Volvox,Enemalta, Shanghai Electric Power, Capital City Podgorica, Salus Ljubljana and Fortum-EPCG. 

 

Client feedback: 32nd edition (2022/2023) 

Project development: Infrastructure 

"Fast response, reliable, in-depth industry knowledge, in-depth risk assessment, timely warnings for potential risks." 

PLK Advokati

PLK Advokatiis a corporate law firm established in 2021 with an office in Podgorica.  

 

Focusses / specialisms 

The firm is active in both financial and corporate, and in project development areas.  

  

Key clients 

Among the clients of the firm are AGEA International and Remkis 

 

Client feedback: 32nd edition (2022/2023) 

Financial services regulatory 

"PLK Advokati gave us great advice and were at our disposal for any questions we had. I would like to emphasise that we are particularly pleased with their professionalism and willingness to do business promptly in two languages, given that this is an international matter." 

 

Project development: Infrastructure 

"Local knowledge. Approachable. Accessible."