Legislation Update: North Macedonia
North Macedonia Introduces New Rules for Authorisations for the Construction of Energy Facilities
The Ministry of Energy, Mining and Mineral Resources of North Macedonia (“Ministry”) has adopted a new Rulebook outlining in detail the procedure for obtaining authorisation to construct energy facilities (“Rulebook”). This Rulebook is another step within the process for implementation of the new Energy Law, particularly the requirements for obtaining mandatory construction authorisation and providing […]
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New International Tender
New International Tender for an Integrated Waste Management System in North Macedonia
The Government of North Macedonia published an international contract notice in the Official Journal of the European Union for the establishment of an integrated and self-sustainable regional waste management system in the East and North-East regions of the country. The project involves the design and construction of a Central Waste Management Facility (“CWMF”) in the […]
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Albania Adopts New Legal Framework for Journalism and Data Protection
On 20 November 2025, the Albanian Data Protection Commissioner (“Commissioner”) adopted Instruction No. 07/2025 “On the Protection of Personal Data in the Written, Electronic and/or Audiovisual Media and the Exemptions for Special Processing Purposes” (“Instruction No. 7”), a regulatory act that aims to reshape the legal relationship between freedom of expression and personal data protection […]
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Serbia Enacts Amendments to the Law on Factoring
The Amendments to the Law on Factoring entered into force on 12 December 2025 (“Amendments”). The Amendments introduce developments in the legal and regulatory framework for factoring in Serbia, aiming to align it with international standards and best market practices, ensure compliance with AML and CTF principles, and enhance transparency and the efficient functioning of […]
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Albania Publishes Draft Rules for FDI Security Screening
On 05.12.2025, the Ministry of Economy and Innovation has made public a draft Decision establishing a comprehensive regulatory framework for the screening of foreign direct investments (“FDI”) in Albania on grounds of national security and public order, pursuant to the recent amendments to Law No. 7764/1993 “On Foreign Investments”. The draft Decision approves a Regulation […]
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Albania Adopts New Decision on National Minimum Wage
On 19 December 2025, the Council of Ministers of the Republic of Albania adopted the decision “On the Determination of the National Minimum Wage”, which repeals Decision No. 113, dated 01.03.2023 (the “Decision”). The Decision increases the national minimum wage from ALL 40,000 (approx., EUR 420) to ALL 50,000 (approx., EUR 525), calculated on the […]
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MidEuropa Completes Sale of Regina Maria and Medigroup to Mehiläinen
MidEuropa, a leading private equity investor with a strong presence in Central Europe, has completed the sale of Regina Maria Group, a leading integrated private healthcare network operating under the Regina Maria brand in Romania and the Medigroup brand in Serbia, to Mehiläinen, the largest private healthcare provider in Finland. The transaction represents one of […]
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Karanović & Partners Announces New Promotions
Karanović & Partners is pleased to announce a new round of promotions, as part of its regular annual promotion cycle, effective 1 January 2026. Milijana Tomić has been promoted to Partner. She joined us through the k/andidates programme and has since grown within the Corporate team, becoming one of the emerging leaders of the Employment […]
Read more Renewables and Storage: North Macedonia
North Macedonia Adopts First Annual Plan for the Construction of Energy Facilities
The Government of North Macedonia has adopted the Annual Plan for the Construction of Energy Facilities for Electrical and Heat Energy Production and Electrical Energy Storage for 2025 (the “Annual Plan”), introducing for the first time a systematic and comprehensive approach to planning the construction of energy facilities in accordance with the new Energy Law. […]
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Karanovic & Partners Announces the Three New Senior Partners
Karanovic & Partners is pleased to announce the promotion of three distinguished team members to the position of Senior Partner, effective 1 January 2026. Each of the newly promoted Senior Partners is known for outstanding professional excellence, strong client relationships, and a consistent dedication to our regional legal practice`s values and collaborative culture. Milena […]
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First Serbian Edition of The Legal Industry Reviews Published
We are pleased to announce the launch of the first Serbian edition of The Legal Industry Reviews, an international publication dedicated to legal and business insights across global markets. The Serbian edition introduces this platform locally, bringing together reflections on key regulatory issues in the Serbian legal sector. The publication offers legislative updates and practical […]
Read more Tax News: Montenegro
Montenegro Introduces Global Minimum Tax, VAT Amendments and New Tax Treaty
Countries in the region continue with the application of the Pillar 2 of OECD’s Global Anti-Base Erosion Model Rules (“GloBE”) as well as the EU’s Global Minimum Tax Directive 2022/2523. After the introduction of GLoBE rules in Slovenia, Croatia and North Macedonia, the Ministry of Finance of Montenegro, on 26 November, initiated the public consultations […]
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Albania Introduces Indicative Salary Levels for the Construction Sector
The General Directorate of Taxation (“GDT”) has introduced indicative salary levels for various professions in the construction sector. According to the GDT, salaries reported in the payrolls of construction companies will be analysed and compared against these newly published benchmarks. This assessment aims to identify taxpayers who may be underreporting employee wages and, as a […]
Read more Regional Sports Reforms
North Macedonia Accelerates Sports Development
Following the foundation of the Ministry of Sport, North Macedonia has made strong progress in developing its sports sector. During this period, more than 40 sports projects were completed, including new sports halls, athletics tracks, and swimming pools. Several more facilities are under construction, giving more opportunities for athletes and communities across the country. Recent […]
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Karanović & Partners Advises CSG on Acquisition of MUST Solutions
Karanović & Partners advised Czechoslovak Group (CSG) on its acquisition of a majority stake in Serbian aerospace-technology company MUST Solutions. The deal marks a significant step forward in CSG’s expansion into the unmanned aerial systems (UAS) sector. Based in Belgrade, MUST (Mechatronics Unmanned Systems and Technology) Solutions specialises in the design and production of propulsion […]
Read more Competition Law News
Karanović & Partners Presents the 19th Edition of Focus on Competition
On 4 December, we hosted the launch of the 19th edition of our annual Focus on Competition publication. We brought together practitioners, in-house counsels, and industry representatives for an informal discussion on regional competition-law developments, followed by networking. The 2025 edition offers an overview of recent antitrust enforcement trends across Southeast Europe, covering Albania, Bosnia […]
Read more Serbia: AI Regulation Insights
Karanović & Partners at Panel on Serbia’s Upcoming AI Law
On 3 December, our Associate Aleksandra Čvorović participated in the panel “In Anticipation of the Artificial Intelligence Law”, held at ICT Hub in Belgrade. The event was jointly organised by Serbian AI Society (SAIS), ICT Hub and EtikAI, organisations dedicated to promoting responsible AI development, research, and collaboration in Serbia. The discussion focused on the […]
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Macedonian Competition Commission Issues Significant Fines in Cartel Case
In 2025, the Commission for Protection of Competition of the Republic of North Macedonia (the “Commission”) has considerably stepped up its enforcement efforts under antitrust rules in the country. Following several cartel investigations and misdemeanour proceedings, the Commission has now started to issue concrete sanctions against infringing undertakings. The Commission has especially focused on retail, […]
Read more Dispute & Arbitration Trends in the SEE
Karanović & Partners at the ICC Dispute Resolution Services Conference
During this year’s Athens Arbitration Days, ICC Dispute Resolution Services, together with ICC Hellas, ICC Serbia, ICC Turkiye, and ICC Albania, hosted a joint regional event for the first time. The event was supported by Karanović & Partners, Zepos & Yannopoulos, Calavros Law Firm – Filios – Kloukinas, and Fieldfisher. The half-day programme, “Disputes Trends […]
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Ensuring Protection in the Energy Sector in North Macedonia: Regulatory Commission Introduces New Complaint and Dispute Rules
The Regulatory Commission for Energy, Water Services and Waste Management Services of the Republic of North Macedonia (“Regulatory Commission”) has introduced new Rules on Handling Complaints and Resolving Disputes (“Rules”), aligned with the new Energy Law. Broader Regulatory Coverage The Rules preserve the existing protection mechanisms for users of transmission and distribution systems, customers of […]
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