Update: Serbia

Karanovic & Partners Advised ElevenEs on Partnering with EIT InnoEnergy to build Battery Gigafactory in Serbia

ElevenEs and EIT InnoEnergy have announced a strategic partnership to build Europe’s first large LFP battery plant in Subotica.

The team led by Marjan Poljak, Senior Partner, and Igor Radovanović, Senior Associate, advised ElevenEs on this cooperation from the beginning.

ElevenEs has signed agreements with EIT InnoEnergy, which Pitchbook ranks as the most active sustainable energy investor globally. The entities announced a strategic partnership to build the first LFP battery Gigafactory in Europe and in Serbia.

ElevenEs has developed its own LFP technology to produce batteries for electric passenger cars, buses, trucks, forklifts, other industrial vehicles, and energy storage systems. LFP batteries are more affordable, durable, sustainable and safer than competing solutions and they do not require cobalt, nickel and other hard-to-obtain minerals.


* Senior Associate refers to Independent Attorney at Law in cooperation with Karanovic & Partners.

The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.