Login

Registration

Forget your password?

Uloguj se

Search
Login

Registration

Forget your password?

Foreign Investors Council
47, Gospodar Jevremova Street, IV Floor, 11000 Belgrade, Serbia
Phone: +381 11 3281 958, 3281 965
e-mail: office@fic.org.rs

MENI

Member News

02. October 2019.

CMS Belgrade supports OTP Bank in closing the deal to buy Société Générale’s subsidiary in Serbia

CMS Belgrade has assisted OTP Bank Group in the acquisition of Société Générale Bank Serbia, Serbia’s fourth biggest bank in assets, third in the volume of lending and fourth in total deposits, from Franceʼs Société Générale Group, and in the successful closing of the deal after receiving regulatory and merger clearances from the relevant authorities. The transaction also included the acquisition of Société Générale’s insurance company and leasing company that are active in Serbia. This is one of the biggest M&A deals in the banking and finance sector in Serbia.

This transaction is part of OTP’s strategic expansion in Southeast Europe (takeovers in Montenegro, Serbia, Bulgaria, Albania, Croatia, Moldova and Slovenia in the past few years) with a collective transaction value exceeding EUR 1 billion.

The takeover in Serbia was agreed in December 2018 and closed after nine months. This acquisition has made OTP Bank the second largest bank in Serbia.

CMS has provided full-scope legal support in negotiating, drafting and closing the transaction and is advising on all post-closing activities.

The CMS team supporting the Serbian transaction is led by Radivoje Petrikić and includes Milica Popović, Maja Stepanović, Marija Tešić, Raško Radovanović, Ksenija Boreta, Anja Tasić, Jovana Bingulac.

FIC Cocktail

FIC Cocktail on September 25
Sponsored By Konstruktor

fic guide

fic guide
Guide to Foreign Investors Council in Serbia 2019/20

Annual Report

Annual Report
We present the Annual Report which provides key information on FIC activities during the year.

WB Essentials

WB Essentials
We present you “The White Book Essentials” – an executive summary of the White Book edition for 2018.

White Book

White Book
Published yearly since 2003, goal of the White Book is to enable removing unneeded barriers and make doing business in Serbia easier, thus enabling better inflow of investments. It is promoted every year in the fourth quarter at the prestigious high-level event.

FIC News September

Browse this edition

Coming soon

Rcc

Rcc
Reality Check Conference is an important tool in achieving FIC goals: it is an event meant to remind the authorities about the recommendations from the latest White Book edition and check status of their implementation.