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Newsroom

July, 2021

New Legislation in Serbia

New Law on Electronic Invoicing

The Law on Electronic Invoicing entered into force on 7 May 2021 (“Official Gazette of the RS“, no. 44/2021). It obliges public and business entities to use the system of electronic invoices for issuing, sending, receiving and storing electronic invoices. On July 9 2021, the government adopted a set of bylaws necessary to implement the […]

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July, 2021

Karanovic & Partners advises on a new Healthcare Partnership

Bel Medic joins Acibadem Healthcare Group

Karanovic & Partners has advised Dr Jasmina Knežević and Mr Milan Knežević, the founders of Bel Medic, on their agreement to sell 70% share in Bel Medic and to partner up with Acibadem Healthcare Group. Bel Medic, founded in 1995 is a leading high-quality private healthcare provider in Serbia, operating in Belgrade. Acıbadem Healthcare Group […]

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July, 2021

Property Tax Update - North Macedonia

North Macedonia: Latest Amendments to the Property Taxes Legislation

The Assembly in North Macedonia adopted relevant amendments to the Law on Property Taxes, aiming to harmonize the legislation with the applicable Law on Misdemeanours from one side, as well as to make efforts and introduce more just property taxation on the other. The basic property tax rates remain within the legal framework, i.e. they […]

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July, 2021

Supporting International Legal Expert Team Engaged by EBRD in Azerbaijan

Karanovic & Partners to Advise on Improvement of Framework for Renewables

Our Partner Petar Mitrović will be a part of an international team of experts contracted by the EBRD to support the authorities in Azerbaijan in the implementation of an enabling policy framework for small-scale renewable energy projects.   * Partner refers to Independent Attorney at Law in cooperation with Karanovic & Partners

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July, 2021

Presenting The Law of K/reativity

Treasury of BH. Innovations

Patent protection itself is important, but the commercialisation of the invention is key. This was the main focus of the event held by The Centre for the Promotion of Civil Society held on 30 June 2021. The event was the final conference and the crown jewel of the Treasury of BH. Innovations project. The organisation […]

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June, 2021

Data Protection Update - North Macedonia

Two Months Left for Data Protection Compliance in North Macedonia

With the enactment of the new Law on Personal Data Protection (“Law”) in 2020, North Macedonia largely harmonized its data protection legislation with the EU General Data Protection Regulation (GDPR). Data controllers and data processors to which the Law applies must ensure compliance with the data protection requirements by 24 August 2021 at the latest. […]

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June, 2021

New wind farm investment

Investment of EUR 3.5 Million Made in Wind Farm in North Macedonia

The Green for Growth Fund (GGF), advised by Karanovic & Partners in cooperation with local lawyers, made its first ever equity investment in wind farm in North Macedonia. GGF decided to invest EUR 3.5 million in Thor Impex d.o.o. Skopje, to partially fund the construction and operations of a 36MW wind farm near the village […]

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June, 2021

Notable acquisitions in Serbia

Big Group Purchased Two More Projects in the Value of 61 Million EUR

BIG Shopping centers has signed the final agreement on purchasing two more projects in Serbia – Plaza Kragujevac shopping center and Kruševac Shopping Park. The agreement itself is a huge step for the expansion of their business as they continue to grow and try to provide the highest quality of service to their visitors. Today […]

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June, 2021

Framework Update After a Decade

Serbia: New Law on Protection of Trade Secrets Adopted

Intellectual property is usually perceived through three main rights: copyright, patent and trademarks. Sensitive market-relevant information is usually perceived just as a benefit, but rarely as a right. Protection of trade secrets certainly deserves more attention. To make it easier to all market players to easily comprehend this right and for authorities to apply it, […]

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June, 2021

New Promotion Announced

Karanovic & Partners Promotes New Senior Associate

Karanovic & Partners is pleased to announce that Marija Vićić has been named Senior Associate. Marija’s promotion reflects the key role she holds in our Banking and Finance Practice Group and all her hard work and dedication she has shown towards clients during the past 6 years she has been cooperating with us. Marija is […]

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June, 2021

CEE Legal Matters Deal of the Year Award 2020

Karanovic & Partners won Deal of the Year award

We are pleased to announce that Karanovic & Partners in cooperation with local lawyers, won the Deal of the Year award for North Macedonia for our role in Aricoma Group’s Acquisition of Seavus Group. This is the fourth year in a row that our practice’s accomplishments are chosen among some of the biggest and most […]

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June, 2021

Take-Two acquires Nordeus

Nordeus to join Take-Two family

Take-Two announced today that it acquired Nordeus, a mobile games company based in Belgrade, best known for Top Eleven, the world’s most successful mobile soccer management game with over 240 million registered users. Karanovic & Partners team assisted Take-Two on Serbian aspects of the transaction, led by Senior Partner Rastko Petaković, Partners  Miloš Jakovljević and […]

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June, 2021

Karanović & Partners participates in Energy Talks

How to go from coal to clean?

Karanović & Partners took part in Energy Talks – live webinars aimed at professionals from all over the world who come together to discuss various energy-related topics. A panel titled “Western Balkans: from coal to clean?”, was held on 1st of June 2021, and our Partner, Petar Mitrović, moderated the panel. “We are witnessing a […]

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May, 2021

Serbian Gaming Association’s Ask Me Anything (AMA) session

How to tackle any legal issues in the gaming industry

Partners Goran Radošević and Ivan Nonković as well as Senior Associate Igor Radovanović participated in the Serbian Gaming Association’s Ask Me Anything (AMA) session on 26 May. This session is only a part of the Serbian Gaming Association’s various informative AMAs whose purpose is to shed more light on the burning issues in the gaming […]

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May, 2021

New Chapter of the Serbian-Irish Cooperation

Karanović & Partners attend the launch of the Irish-Serbian Chamber of Commerce

Karanović & Partners took part at the virtual Launch of the Irish-Serbian Chamber of Commerce that occurred on Wednesday, 26th of May 2021. Our Senior Associate Bojana Miljanović attended what should happen to be the start of a new chapter of Serbian-Irish cooperation. The event was honoured with two very special guests – Minister for […]

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May, 2021

Karanovic & Partners participated in annual Trebinje Energy Summit

Petar Mitrović at Trebinje Energy Summit

Trebinje Energy Summit was held on 20 and 21 May 2021 in Trebinje. One of the first conferences since the outburst of the COVID-19 pandemic to be organised. It brought together experts from the entire region and beyond, including the representatives of the Energy Community, to discuss main opportunities and challenges of local energy markets. […]

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May, 2021

IP Update Serbia – Law of Creativity

Karanovic & Partners held an interesting guest lecture at the Young Scientists’ Forum

Senior Associate Nikola Kliska gave a lecture at the 2021 Young Scientists’ Forum hosted by the non-profit organisation „Find Raoul“. As a guest lecturer, Nikola’s presentation – Case study: A Guide through intellectual property rights – was inspired by the Karanovic & Partners’ Law of Creativity, IP guide for young talents. The Young Scientists’ Forum […]

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May, 2021

Real Estate Serbia Update

Karanovic & Partners advised Marriott International on the largest investment in Serbian tourism

Marriott International, one of the world’s most well-known luxury hotel chains, reached an agreement on cooperation with Millennium Resorts for the construction of a hotel complex in Vranjska Banja. Real Estate team led by Senior Partner Dragan Karanović and Senior Associate Ana Luković advised Marriott International in this cooperation. By this agreement, Marriott International will […]

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May, 2021

New Agriculture Law in North Macedonia

New Law on Sale of State-owned Agricultural Land

The Ministry of Agriculture, Forestry and Water Economy of North Macedonia (“Ministry”) recently pointed out that 577,662 ha are classified as arable land in North Macedonia, while 41% of this land is state-owned. It also noted that the current applicable Law on Sale of State – Owned Agricultural Land (“Law”) has many ambiguities and systemic […]

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May, 2021

Electronic Invoices Serbia Update

Law introducing mandatory e-invoices adopted

The National Assembly of the Republic of Serbia recently adopted the Law on Electronic Invoicing (the „Law“). The Law brings significant changes to the economy, as it prescribes the gradual mandatory issuance of electronic invoices. The main reasons for the new law, as stated by the lawmakers, are to achieve transparency and legal certainty in […]

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2021