Completion of Major Share Sale in Hipotekarna Banka

Throughout the past nine months, Law Office Komnenic & Partners advised a group of corporate, family and individual sellers on the sale of 7,674,285 shares in Hipotekarna Banka to AikGroup (CY) Limited, as well as one shareholder who retained a significant minority stake.
We are pleased to announce that between June and August 2025, all closing and post-closing activities for this landmark transaction were successfully completed.
The transaction was led by Managing Partner Milos Komnenic, with the support of Desanka Kotlaja (Attorney at Law), Jovana Petrovic and Božo Knežević (Associates).
AikGroup (CY) Limited was advised by Matija Vojnović and Vojimir Kurtić, together with their team at Moravčević Vojnović i Partneri in cooperation with Schoenherr.
Our involvement throughout both phases of the transaction underscores the firm’s capacity to advise on complex, high-value deals shaping Montenegro’s financial market.
We once again congratulate our clients and AikGroup (CY) Limited, wishing them many years of successful and fruitful cooperation.