KLO Team Recognized for Hipotekarna Banka – AikGroup Transaction Shortlisted for 2025 CEE Deals of the Year
Standing among the best 🚀 Our Hipotekarna Banka – AikGroup (CY) Limited share sale transaction has been shortlisted for the 2025 CEE Deals of the Year Award, alongside some of the most significant deals across the CEE region.
This was the kind of transaction that tests everything a legal team stands for. Over nine months, we advised a diverse group of sellers through a complex, multi-phase process involving differing commercial interests, demanding regulatory requirements and intense coordination across stakeholders and jurisdictions. Our role went far beyond execution – it required structuring, judgement, and constant alignment to protect value and deliver certainty at every stage.
From signing in December 2024 to closing in June 2025, the transaction involved extensive negotiations, multiple regulatory approvals and carefully managed pre-closing and post-closing processes. Successfully bringing it to completion reflects not only technical expertise, but the ability to navigate complexity with discipline and clarity.
We acted as legal counsel to the sellers, with the transaction led by Managing Partner Milos Komnenic, supported by Desanka Kotlaja (Attorney at Law) and Jovana Petrovic and Božo Knežević (Associates).
This recognition matters because it highlights the substance behind complex transactions — sustained focus, careful structuring and seamless coordination across all parties, carried with a high degree of responsibility from start to finish. We are proud of the team behind this achievement and grateful to our clients for the trust placed in us on a transaction that sets a new standard for Montenegro’s financial sector.
