Active Customers – “Prosumers on Steroids”
Serbia’s New Self-Supply Regime Takes Shape
The amendments and supplements to the Decree on the Conditions of Delivery and Supply of Electricity, entering into force on 30 May 2026 (Decree), establish the detailed conditions under which active customers (ACs) may connect to the transmission, distribution, and closed distribution systems in Serbia. The Decree sets out the conditions an end customer must […]
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Serbian Construction Law Insights
Karanovic & Partners at SCL Serbia: Construction Contract Law in Practice
On 25 May 2026, our Partner Ana Luković gave a lecture at the Society of Construction Law in Serbia event held in Belgrade. The lecture, titled “Common Legal Misconceptions in Negotiating and Applying Construction Contracts in Serbia”, addressed a practical problem that comes up repeatedly in the local market: construction contracts in Serbia are often […]
Read more CEELM DOTY 2025
Karanovic & Partners Wins the Deal of the Year 2025 Award
Karanovic & Partners, with its cooperating lawyers, has been awarded the prestigious Deal of the Year 2025 for the Slovenia and North Macedonia category. Our cooperating lawyers also advised on the transaction in Serbia, Croatia, and Bosnia & Herzegovina. The 2025 Deal of the Year winner in Slovenia is Grupo Bimbo’s Acquisition of Don Don […]
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Karanovic & Partners Brings Practical Legal Topics to Faculty of Law Students
Karanovic & Partners recently hosted two workshops at the Faculty of Law, University of Belgrade, focused on the practical legal aspects of intellectual property and renewable energy projects, designed for undergraduate and master’s students. On 20 May, our colleagues held the “IP in Modern Business” workshop, aimed at those interested in understanding how intellectual property […]
Read more Inside Regional Pharma Investigations
Karanovic & Partners Speaks at Pharma Compliance Conference
On 25 May 2026, our Partner Goran Radošević held a lecture at the Pharma Compliance conference held in Belgrade. The event was organised by the Corporate Compliance Association, in partnership with INOVIA and Genezis, two leading associations of pharmaceutical companies in Serbia. It brought together compliance professionals, in-house legal teams, and industry representatives from across the pharmaceutical […]
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wienerberger agrees to acquire Univerzum Group
wienerberger signed an agreement to acquire Univerzum Group, the leading producer of clay blocks in Serbia. The transaction remains subject to approval by the relevant competition authorities and the satisfaction of other customary conditions. Univerzum Group employs around 200 people across two production sites and is expected to generate approximately €20 million in revenue in […]
Read more Senior Partner Promotions
Karanovic & Partners Announce Three New Senior Partners
Karanovic & Partners and its cooperating offices are proud to announce the promotion of three team members to the position of Senior Partner. All three have grown with our legal practice over many years, building impressive legal careers and becoming important leaders within our regional legal team of cooperating lawyers. Their journeys to the highest […]
Read more Anti-Bribery in Focus
Internal Investigations in Focus at OECD Anti-Bribery Conference in Zagreb
On 12 May, the Croatian Ministry of Justice, Public Administration and Digital Transformation organised a high-level conference titled “The OECD Anti-Bribery Convention in Practice: Corporate Governance, Law Enforcement and Market Trust in Croatia,” bringing together key stakeholders from the public and private sectors to examine the practical application of the OECD Anti-Bribery Convention in the […]
Read more Competition Law News
2025 Annual Report Highlights Increased Enforcement Activity by the Competition Commission of North Macedonia
The Commission for Protection of Competition of the Republic of North Macedonia (“Commission”) has submitted its 2025 Annual Report (“Report”) for parliamentary review. The Report, now publicly available on the Parliament’s website, outlines the Commission’s enforcement activities throughout 2025, revealing a significantly more rigorous enforcement approach compared to previous years. In 2025, the Commission adopted […]
Read more AmCham Croatia: News & Views
Croatia’s Energy Future: A Strategic Shift Towards Nuclear
Our colleagues from Ilej & Partners in cooperation with Karanovic & Partners, Senior Associate Boris Dvoršćak and Junior Associate Nikola Meštrović, have authored an article on Croatia’s strategic turn towards nuclear energy, published in AmCham Croatia News & Views, No. 1/2026. The piece is particularly timely: at the Three Seas Initiative Business Forum in Dubrovnik […]
Read more Tax News: Serbia
Serbia Transfer Pricing 2026: New Interest Rates & Key Law Consultations
2026 Arm’s Length Interest Rates On 24 April 2026 (published in the Official Gazette No. 36/26), the Serbian Ministry of Finance enacted the Rulebook on interest rates consistent with the “arm’s length” principle for 2026 (“TP Rulebook”). The TP Rulebook contains the prescribed interest rates applicable to related-party financing. According to the new TP Rulebook, […]
Read more Legislation Update: Serbia
Serbia Adopts Major Reform of Consumer Protection and Trade Laws
Overview In April 2026, the National Assembly of the Republic of Serbia adopted a significant legislative package that reshaped, among others, the country’s consumer protection and trade framework. The reform includes a new Law on Consumer Protection and amendments to the Law on Trade. The legislative package forms part of Serbia’s broader effort to modernise […]
Read more Banking & Finance News
Albania’s First Private International Bond Issuance
Our colleagues from CR Partners in cooperation with Karanovic & Partners, advised Banka Kombëtare Tregtare SHA, as issuer, on the EUR 150 million senior unsecured Eurobond offering, marking the first international senior unsecured bond issued by a private corporate issuer in Albania. The team was led by our Partner Anisa Rrumbullaku and Senior Associate Adi […]
Read more Legislation Update: Montenegro
Montenegro Labour Law 2026: Key Amendments for Employers
On 7 April 2026, the Parliament of Montenegro adopted significant amendments to the Labour Law (“the Law”) to align national legislation with the EU Pay Transparency Directive. The Law has entered into force on 23 April 2026. These amendments introduce clear and detailed employer obligations and reinforce the principles of salary transparency, while also bringing […]
Read more Construction Law Across Borders
Karanovic & Partners at the 1st Eastern European Regional SCL Conference
On 27 April 2026, Belgrade hosted the 1st Eastern European Regional SCL Conference, organised by the Society of Construction Law Serbia (SCL Serbia) together with its counterparts from Bulgaria, Hungary, Poland, Romania and Turkey, in association with the European Society of Construction Law and the Society of Construction Law International. The event was supported by […]
Read more Regional M&A News
MidEuropa Completes the Sale of Imlek
Karanovic & Partners advised long-standing client MidEuropa on the completed sale of Imlek, a leading dairy producer in Southeast Europe, to AJFH and Bojan Radun. The family holding of entrepreneur and investor Andrej Jovanović (AJFH), as the lead investor, together with the experienced manager and current CEO of Imlek, Bojan Radun, has completed the joint […]
Read more Competition News
Serbia Adopts New Law on Trading Practices – Key Compliance Implications for Supply Chains
Overview On 23 April 2026, the Parliament of the Republic of Serbia adopted the Law on Trading Practices for Certain Types of Products (the “Law”). The Law introduces a comprehensive regime targeting unfair trading practices in supply chains and significantly expands compliance obligations for buyers operating in Serbia. The Law largely follows the logic of […]
Read more Regional Energy News
North Macedonia Expands Organised Electricity Market with New Operational Rules
Overview North Macedonia is taking a significant step toward a more mature and integrated electricity market. The National Electricity Market Operator (“MEMO”), upon approval by the Energy Regulatory Commission of the Republic of North Macedonia (the “ERC”) has adopted new Rules on the Operation of the Organised Electricity Market (the “Rules”), introducing a more detailed […]
Read more Energy at the Forefront
Karanovic & Partners at Adria Future Summit 2026
Karanovic & Partners participated at Adria Future Summit 2026, taking place from 22 to 24 April in Porto Montenegro. Our Partner Petar Mitrović moderated the panel “The Renewable Energy Economy: Unlocking Investment, Scale and Speed”, held the first day of the conference. The panel brought together senior decision-makers across government, development finance, and private investment: […]
Read more Maritime Industry Focus
Karanovic & Partners at the VII Adriatic Maritime Law Conference
Our Partner Andrej Jelenković, together with our colleagues, Senior Associate Petra Marjanović from Ilej & Partners in cooperation with Karanovic & Partners, and Senior Associate Marko Kranjec, from Ketler & Partners, member of Karanovic, attended the 7th Adriatic Maritime Law Conference (AMLC). The event, which was held in Izola, Slovenia, from 9 to 11 April, […]
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