ZSP guides EBRD on investment in Voli Trade

5 min read
January 2, 2026
Serbia
Author:
ZSP ADVOKATI

ZSP Advokati acted as local counsel to the EBRD in connection with its equity investment of up to EUR 25 million in Voli Trade, supporting the development of a logistics and distribution centre in Podgorica, Montenegro.

The investment supports improvements in operational efficiency, digitalisation and sustainability standards in the Montenegrin retail sector.

The matter was led under English law by Squire Patton Boggs, with the ZSP Advokati team comprising Partner Nikola Sugaris and Montenegrin-qualified Attorney at Law Djordje Kuzmanovic.

No items found.
Slider button nextSlider button next

Read next

Serbia
2025 in review for ZSP Advokati banking & finance practice

As 2025 concludes, ZSP Advokati notes a year in which they advised on financing transactions exceeding EUR 3 billion in total.

January 6, 2026
Serbia
ZSP guides lenders on syndicated facility for Elixir Group

ZSP Advokati advised UniCredit in connection with a EUR 300 million syndicated financing provided to Elixir Group.

December 20, 2025