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Legislation Update in North Macedonia
North Macedonia Introduces Investor-Led PPP Projects with Major Legislative Reform
Overview North Macedonia has adopted significant amendments to the Law on Concessions and Public-Private Partnership, introducing new mechanisms designed to increase private sector participation and investment in public infrastructure and services, bringing the country’s public-private partnership (“PPP”) regime closer to international standards. Key Innovations The reforms introduce two key innovations to North Macedonia’s PPP […]
Read moreBanking & Finance News
Serbia’s Draft Credit Institutions Law: A New EU-Aligned Banking Framework Overview
Introduction The National Bank of Serbia (“NBS”) has prepared the Draft Law on Credit Institutions (“Draft”) as part of the broader process of aligning Serbia’s financial system with European Union (“EU”) law under Negotiation Chapter 9 – Financial Services, moving toward a broader regulatory framework based on EU terminology and concepts. The purpose of the […]
Read moreM&A News: Croatia
The Rohatyn Group Acquires Majority Stake in Gyms4You
The Rohatyn Group (TRG), an international investment firm, has acquired a majority stake in Gyms4You, Croatia’s leading fitness centre operator. The transaction also included acquisition financing. Our colleagues from Ilej & Partners in cooperation with Karanovic & Partners, Partner Franka Baica, Senior Associate Antun Skansi and Associate Vito Jankov, advised the sellers, working alongside the […]
Read moreCompetition News
Macedonian Competition Commission Imposed Over EUR 67,500 in Fines for Unnotified Establishments of Joint Control and Joint Venture
Introduction Recent enforcement trends indicate an increasingly proactive approach by the Commission for Protection of Competition of North Macedonia (the “Commission”) in the area of merger control. In particular, the Commission has intensified its scrutiny of transactions involving changes in control structures and the establishment of joint ventures, while demonstrating a greater willingness to pursue […]
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