Legislation Update: Albania
Albanian Data Protection Commissioner Issues Binding Guidance on CCTV Under the New Data Protection Law
As part of the ongoing adoption of sub-legal acts implementing Law No. 124/2024 “On the Protection of Personal Data”, fully aligned with the EU General Data Protection Regulation (GDPR), the Albanian Data Protection Commissioner has approved Instruction No. 3, dated 30 April 2025, “On the Processing of Personal Data through Video Surveillance Systems” (“Instruction”). This […]
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Croatia’s Tech M&A News
Cirtuo Joins Forces with Coupa in Strategic AI-Powered Procurement Deal
We are pleased to announce that our colleagues from Ilej & Partners, in cooperation with Karanović & Partners, Senior Partner Goran Ilej and Senior Associate Antun Skansi, have advised Cirtuo, a leader in AI-powered category management software, in connection with its acquisition by Coupa, a global leader in business spend management. With this transaction, Coupa […]
Read more Maritime Law in Focus
Maritime Law Spotlight at Waterborne Week 2025
On 14 May 2025, our Partner Andrej Jelenković, representing the Montenegrin Maritime Law Association, participated in Waterborne Week, organised by the Transport Community, an international organisation that supports integrating Western Balkans’ transport markets into the EU by helping regional partners adopt EU laws and improve connectivity. During the event, Andrej presented an engaging maritime law […]
Read more Legal Update: North Macedonia
New Amendment Eases Data Transfer Rules from North Macedonia to NATO Nations
On 14 May 2025, significant changes were made to North Macedonia’s personal data protection legislation. The Assembly of the Republic passed an amendment to expand the nations where personal data can be shared freely, without facing third-country transfer restrictions. Previously, such exemptions were only granted to European Union (EU) member states and those in the […]
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North Macedonia Enacts New Energy Law Aimed at Facilitating the Country’s Energy Transition and Climate Goals
On 14 May 2025, the Parliament of the Republic of North Macedonia adopted the new Energy Law, modelled on European Union (EU) acquis and aligning the country’s energy policies with the EU’s Clean Energy Package. It is expected that the novelties which the new Energy Law provides will significantly accelerate the energy transition in the […]
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Albania Adopts New Direct Marketing Rules Aligned with GDPR
Recently, the Albanian Data Protection Commissioner issued Instruction No. 4, dated 30 April 2025, “On Personal Data Protection and Security Measures in Direct Marketing” (“Instruction”). Adopted pursuant to Law No. 124/2024 “On the Protection of Personal Data,” the Instruction marks a notable step in the implementation of Albania’s modernised data protection regime, which is now […]
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New International Tender Issued for North Macedonia–Albania 400 kV Energy Link
On 25 April 2025, AD MEPSO published an international tender for the supply and installation of a 400 kV overhead transmission line (“OHTL”) connecting North Macedonia’s Bitola 2 substation to the Albanian border (“Tender”). The tender covers the construction of a 100 km OHTL stretching from Bitola 2 substation, through Ohrid, to the Macedonian-Albanian border. […]
Read more North Macedonia: Competition News
Macedonian Competition Commission Stepping Up Its Enforcement Efforts
In the last few months, the Commission for Protection of Competition of the Republic of North Macedonia (the “Commission”) has stepped up its enforcement efforts of antitrust rules and food supply chain practices in the country. Following lengthy investigations, the Commission has cracked down on a number of cartels and initiated misdemeanour procedures against multiple […]
Read more North Macedonia: News
Legal Milestone for North Macedonia: Laws on Financial Instruments and Prospectus and Transparency Obligations for Issuers of Securities to Start Applying Soon
Companies should be alert to significant novelties on the financial market that will start to apply in North Macedonia this upcoming autumn. The Parliament of North Macedonia adopted the new Law on Prospectus and Transparency Obligations for Issuers of Securities (“Prospectus Law”) and the new Law on Financial Instruments (“FI Law”) in March 2024. The […]
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North Macedonia Implements Stricter Retail Price Publication Requirements for Consumer Protection
On 25 February 2025, the Parliament of the Republic of North Macedonia passed amendments to the Consumer Protection Law aimed at increasing market price transparency. Starting from 18 April 2025, retailers are required to publish product prices on their websites on a daily basis, which will enable consumers to compare prices and make informed decisions. […]
Read more Competition Law News
Antitrust Enforcement Efforts by Competition Authorities in Southeast Europe
As the first quarter of the year comes to a close and more information becomes available, we can now reflect on the antitrust activities of the competition authorities in the region[1] throughout 2024. In 2024, competition authorities across the region launched a significant number of new antitrust investigations, yet the number of cases closed remains […]
Read more Powering a Greener Future
Energy and Environment 2025 Conference in Slovenia
Our colleague from Ketler & Partners, member of Karanovic, Senior Associate Vesna Ložak Polanec, participated as a speaker at the Energy and Environment 2025 Conference, held in Brdo Pri Kranju, Slovenia. The conference brought together leading experts, industry stakeholders, and representatives of public authorities to address current developments and challenges at the intersection of energy, […]
Read more Karanović & Partners Event
Eyes Wide Open: Employee Monitoring in Fraud & Competition Investigations
On 10 April, Karanović & Partners hosted a panel discussion, welcoming in-house counsel, HR and compliance professionals, and company executives for an in-depth look at internal investigations—from launch to resolution. The event was moderated by our Partner Goran Radošević, who opened the session by reflecting on the transformative nature of internal investigations, especially under the […]
Read more Mobilising Capital for Green Projects
Insights from the ESG Adria Summit 2025
At the ESG Adria Summit 2025, held from 9 to 11 April in Porto Montenegro, Tivat, our Partner Petar Mitrović moderated the panel titled “Mobilising Capital for Green Projects.” This discussion brought together experts to explore strategies for financing sustainable initiatives in Southeastern Europe. The panel featured: Sanja Božinovska, Minister of Energy, Mining and Minerals […]
Read more Young Arbitration Talent
Belgrade Open Pre-Moot & Arbitration Conference: Preparing Future Legal Experts
With the 32nd Willem C. Vis International Commercial Arbitration Moot approaching, Belgrade recently hosted a series of events dedicated to young legal talents. Over the weekend, the XVII DIS/Belgrade Open Pre-Moot took place, once again organised by the University of Belgrade Faculty of Law. This Pre-Moot provided law students with another opportunity to refine their […]
Read more Banking & Finance: News
Karanović & Partners Advises BIG CEE on Major Financing Deal
Karanović & Partners is pleased to have supported BIG CEE in securing a new EUR 72 million financing (part of EUR 100 million financing package) with the European Bank for Reconstruction and Development (EBRD). The funds will be used to expand BIG CEE’s retail portfolio across the Balkans, reinforcing its position as a key player […]
Read more Serbia: Real Estate Legal Update
Republic of Serbia Liable for Damages Due to RGZ’s Error in Property Registration
In a recent court ruling, the Republic of Serbia has been found liable for damages stemming from errors made by the Republic Geodetic Authority (RGZ) during the establishment of the Real Estate Cadastre. These mistakes led to the wrongful registration of property under another individual’s name rather than the rightful owner’s. The Appellate Court in […]
Read more CEELM DOTY 2025
Karanović & Partners Wins the Deal of the Year 2025 Award
Karanović & Partners, with its cooperating lawyers, has been awarded the prestigious Deal of the Year 2025 for two transactions at the ceremony held in Prague, Czech Republic. The 2025 Deal of the Year winner in the Central and Eastern Europe region is E&’s Acquisition of PPF Telecom Bulgarian, Hungarian, Serbian, and Slovakian Assets. The […]
Read more Karanovic & Partners Advised MidEuropa
MidEuropa Announces Sale of Regina Maria and Medigroup to Mehiläinen
MidEuropa, a leading private equity investor with deep roots in Central Europe, announced an agreement to sell Regina Maria Group, a leading integrated private healthcare network serving over 3 million unique patients under the Regina Maria brand in Romania and the MediGroup brand in Serbia, to Mehiläinen, the largest private healthcare provider in Finland. Karanović […]
Read more Legal 500 Ranking
Karanovic & Partners Ranked Among Top Law Firms in Legal 500 EMEA 2025 Edition
We are proud to announce that Karanovic & Partners has once again secured its position among the top law firms in the Legal 500 Europe, Middle East, and Africa 2025 edition, with 12 practice areas across the jurisdictions ranked in the top tier and 11 more recommended in other tiers. This year, we welcome our […]
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