Karanovic & Partners is pleased to have advised the International Finance Corporation (IFC), a member of the World Bank Group, on a EUR 80 million financing transaction supporting the investment programme of Porto Montenegro in Tivat, Montenegro.
The funds will support Porto Montenegro’s ongoing investments across its portfolio, including Adriatic 42. The project is expected to contribute to sustainable economic development, job creation, environmental improvements, and the mobilisation of private investment in Montenegro, while generating new business opportunities and strengthening local supplier capacity, particularly for small and medium-sized enterprises. It will also support the long-term growth of the country’s tourism and maritime sectors.
Our work included advising IFC on the structuring and implementation of the transaction.”
Karanovic & Partners team on the project was led by Partner Maja Jovančević Šetka and included Partner Marko Ćulafić, Senior Associates Dimitrije Ilić, Marija Vićić Simić and Nikola Šiljegović and Junior Associate Anđelija Ćurčić.
Partner and Senior Associate refer 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.
