Živković Samardžić, a leading independent law firm in Serbia, has successfully secured competition clearances for its client, Petrol d.d. Ljubljana, the top Slovenian energy company and a key player in Southeast Europe’s energy sector. This pertains to Petrol's acquisition of control over Slovenian natural gas trader Geoplin.

Petrol recently signed a share swap agreement with the Republic of Slovenia, represented by Slovene Sovereign Holding, making Petrol the majority owner of Geoplin, while Slovenia will retain a 25% stake. Geoplin’s pipeline infrastructure, Plinovodi, will remain majority-owned by Slovenia. The transaction will proceed once all suspensive conditions are met, following government approval in October.

The deal was cleared by the competition authorities in Serbia, Montenegro, and North Macedonia. The Živković Samardžić team, consisting of partner Slobodan Kremenjak and other attorneys from Živković Samardžić, represented Petrol in Serbia and Montenegro, while Macedonian law firm Bona Fide, with attorneys Jasmina Brezovska and Aleksandar Kčev, handled the clearance in Macedonia.

Slobodan Kremenjak emphasized that this success highlights Živković Samardžić’s ability to operate as a regional hub, offering comprehensive legal services across the broader Southeast European market.