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Deals July 2025

Kinstellar advises MVM on the acquisition of companies in Serbia

We are proud to support MVM, Hungary’s state-owned energy company, in expanding its presence in Serbia. Our Budapest and Belgrade offices jointly advised on the signing of the transaction documents for the acquisition of majority shares in Energotehnika Južna Bačka and Elektromontaža Kraljevo - raising MVM’s share from 33.4% to 60%.  Energotehnika Južna Bačka and Elektromontaža Kraljevo are among Serbia’s leading energy infrastructure companies, with decades of experience and strong market reputations. This strategic move reflects MVM’s long-term commitment to the Western Balkans and strengthens its role in the region’s energy infrastructure. Serbia’s geographic position and favorable market conditions

Deals July 2024

Kinstellar advises Strickland Metals in major gold mining acquisition in Serbia

SOG in cooperation with Kinstellar is proud to announce its role as legal counsel to Strickland Metals Limited, an ASX-listed mineral exploration company from Australia, on its acquisition of Zlatna Reka Resources d.o.o. Beograd-Vracar. This acquisition marks a significant development in Serbia’s burgeoning mining industry, as the project holds an impressive 5.4 million ounce gold resource. Kinstellar’s team, led by Senior Associates Sara Ostojić and Mario Kijanović, as well as Associate Vuk Vučković, provided comprehensive legal services for this acquisition. Our involvement included a thorough legal due diligence of the mining titles, permits, and accompanying documentation of the target company. Zlatna