BDK Advokati has advised Dubai's P&O ports on its EUR 23 million acquisition of Port Luka Novi Sad, in the Vojvodina province of northern Serbia.
According to BDK Advokati, the acquisition and investments are expected to help Port Luka Novi Sad renovate its devastated infrastructure and reach its full capacity of two and half million tons of cargo loading and discharging per year.
P&O ports is a member of the DP World group. Upon the acquisition of Luka Novi Sad, DP World will operate a port on the Danube international waterway for the first time, which the firm describes as “a significant addition to its already large portfolio that, among others, includes the ports of Antwerp and Rotterdam.”
The BDK Advokati team was led by Senior Partner Vladimir Dasic, supported by Senior Associate Tomislav Popovic and Associate Mladen Vujic.