On 7 November 2016 shares of Vojvodinaput from Subotica were sold to the local company Boje. Vojvodinaput is a successful road construction company, and in the last year, it had the total revenue of 1.6bn dinars and net profit of 26m dinars.
This transaction was done in the form of major block transaction on the stock market, making Boje the majority owner of this company with the share of 78.2%. The intention of the buyer is to take over remaining shares as well.
Stankovic & Partners have acted as legal advisors of Vojvodinaput during negotiations, preparation of the transaction documents and registration of concentration, representation of the buyer and setting of the sale price.
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