The draw resulted in the following groups: The 16 teams were drawn into four groups of four teams and played a round-robin.

From the quarterfinals on, a knockout system was used to determine the winner.

The losers of the playoffs and quarterfinals played in placement games to determine their final position.

Gojko Pijetlović, Dušan Mandić, Živko Gocić, Sava Ranđelović, Miloš Ćuk, Duško Pijetlović, Slobodan Nikić, Milan Aleksić, Nikola Jakšić, Filip Filipović, Andrija Prlainović, Stefan Mitrović, Branislav Mitrović Head coach: Dejan Savić.

Gojko PijetlovićDušan MandićŽivko Gocić (c)Sava RanđelovićMiloš ĆukDuško PijetlovićSlobodan NikićMilan AleksićNikola JakšićFilip FilipovićAndrija PrlainovićStefan MitrovićBranislav MitrovićHead coach: Dejan Savić Josip Pavić (c)Damir BurićAntonio PetkovićLuka LončarMaro JokovićLuka BukićPetar MuslimAndro BušljeSandro SuknoFran PaškvalinAnđelo ŠetkaPaulo ObradovićMarko BijačHead coach: Ivica Tucak Konstantinos FlegkasEmmanouil MylonakisGeorgios DervisisKonstantinos GenidouniasIoannis FountoulisKyriakos PontikeasChristos Afroudakis (c)Evangelos DelakasKonstantinos MourikisChristodoulos KolomvosAlexandros GounasAngelos VlachopoulosStefanos GalanopoulosHead coach: Thodoris Vlachos