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October, 2024

Croatia: M&A News

TeraPlast Group Expands Regional Presence with Optiplast Acquisition

TeraPlast Group has signed an agreement to acquire 70% of Optiplast, Croatia’s third-largest flexible packaging manufacturer, enhancing its regional reach and production capacity. Optiplast specialises in flexible packaging products, including waste bags and shopping bags, and brings 35 years of market experience to complement TeraBio Pack’s offerings. Our colleagues, Senior Partner Goran Ilej and Senior […]

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October, 2024

M&A News

BIG Acquires Promenada Novi Sad

BIG has successfully finalised the acquisition of Promenada Novi Sad from NE Property, in a deal worth around €177 million. Promenada Novi Sad is a prominent retail property in Serbia, and BIG CEE acquired it through its Serbian subsidiary. Our team, led by Senior Partner Miloš Vučković, Senior Associate Marko Ćulafić, Associate Marina Živanović, and […]

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October, 2024

k/andidates program

A New Era for k/andidates: Year-Round Applications Now Open

As we celebrate 10 years of developing future legal professionals, we are pleased to announce an important update to our k/andidates program. We are transitioning to a new application model—one that allows candidates to apply at any time throughout the year. This change reflects our commitment to flexibility, ensuring we can continuously attract and support […]

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October, 2024

SEE Tax Landscape: 1st Edition

SEE Tax Landscape 2023: A New Publication on Regional Tax Systems

Karanović & Partners is pleased to announce the release of the inaugural edition of our SEE Tax Landscape publication. Authored by the regional tax team, led by our colleagues from Ketler & Partners, member of Karanovic, Partner Igor Angelovski and Tax Law Expert Dr Maruša Pozvek, as well as our Senior Consultant Branimir Rajšić, this […]

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October, 2024

Serbia's Tech Growth

AMD Opens Engineering Design Centre in Serbia, Expanding AI and Tech Capabilities

U.S.-based technology giant AMD has announced the opening of its engineering design centre in Serbia, marking a significant expansion of the company’s presence in the Balkans. The new centre will initially employ 90 highly qualified software engineers, with two teams based in Belgrade and Niš. Our team worked closely with AMD on this project. Senior […]

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September, 2024

Karanovic & Partners and Dentons co-hosted the event in Belgrade

Beyond Borders: U.S. Sanctions, Export Controls and FCPA/Anti-Corruption

Karanovic & Partners, in collaboration with Dentons, successfully hosted an insightful event on September 26, focusing on U.S. Sanctions, Export Controls, and the Foreign Corrupt Practices Act (FCPA)/Anti-corruption. Held at Karanovic & Partners’ offices in Belgrade, the event brought together in-house legal counsels, compliance professionals, and executives to discuss the extraterritorial impact of U.S. regulations […]

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September, 2024

Karanovic & Partners in Mexico City

Milena Jakšić Papac Moderated a Panel at the IBA Annual Conference

Karanovic & Partners took part in the International Bar Association (IBA) Annual Conference in Mexico City, with Partner Milena Jakšić Papac co-moderating a panel titled “Megatrends and the Future of Tech/AI in the Modern Workplace.” The panel addressed key trends shaping the future of technology and artificial intelligence within the legal and employment sectors. The […]

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September, 2024

AmCham Serbia Conference on Amendments to the Energy Law

Petar Mitrovic Moderated “Empowering Businesses to Green Transition” AmCham Conference

The conference “Empowering Businesses to Green Transition,” dedicated to the upcoming amendments to the Energy Law that will soon be presented to the parliament, was held on 19 September in Belgrade. AmCham Serbia organised the event, and our Partner and vice-chairman of the AmCham Energy Committee, Petar Mitrović, co-moderated the discussion together with chairwoman of […]

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September, 2024

ICC Serbia Training

Karanovic & Partners at the Training on Arbitration as a Method of Dispute Resolution in Business

Our Senior Partner, Milan Lazić, was one of the lecturers at the “Arbitration as a Mechanism for Resolving Commercial Disputes” training, organised by the Serbian National Committee of the International Chamber of Commerce (ICC Serbia) as part of the activities of the Serbian  ICC Commission on Arbitration and ADR. The training, which was held on […]

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September, 2024

Istrian Y Milestone

Učka Tunnel Opening Ceremony Marked in Croatia

The second tube of Učka tunnel, a key component of the Istrian Y motorway, officially opened for traffic, marking a significant advancement in the infrastructure connecting Istria with the rest of Croatia. This tunnel is part of an extensive project that links Pula with Umag and Rijeka, facilitating greater ease of travel and supporting the […]

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September, 2024

k/andidates program

A New Generation Invitation – Celebrating 10 Years of k/andidates

We are happy to announce that the new call for our k/andidates program is now open. We are ready to welcome the next generation of legal trainees to join our practice and become part of our team. The k/andidates program offers a unique training experience that propels ambitious law graduates towards success. It’s designed to […]

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September, 2024

Croatia: Strategic Partnership

Toyota Invests in Robotics Leader Gideon to Advance Automation Solutions

Toyota Industries Corporation (TICO) has entered a strategic investment agreement with Gideon, a robotics company specialising in Autonomous Mobile Robotics (AMR). Gideon develops technologies for automating complex processes like truck unloading and collaborative order fulfilment in warehouse and manufacturing settings. This partnership enables TICO to streamline its automated vehicle systems, reduce deployment times, and enhance […]

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August, 2024

Global Tax Expertise

Top Rankings in ITR World Tax 2024

We are pleased to announce that our Tax team has achieved rankings in the ITR World Tax 2024 guide. Our colleagues from Ketler & Partners, member of Karanovic, Partner Igor Angelovski and Tax Law Expert Maruša Pozvek have been recognised as Highly Regarded Practitioners for Slovenia. Additionally, our Senior Consultant Branimir Rajšić and Senior Associate […]

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August, 2024

Strengthening Regulation and Compliance in Montenegro

Montenegro’s New Gambling Framework: A Step Towards Responsible Growth

In August 2024, Montenegro’s government took a significant step towards modernising the country’s gambling industry by adopting the Fiscal Strategy for 2024-2027. This ambitious plan, aimed at ensuring macroeconomic stability and responsible governance, includes substantial changes to the gambling framework that could reshape the sector’s future. The highlight of these changes is the upcoming Law […]

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August, 2024

Boosting Bio-Waste Management Expansion

Karanović & Partners Advises Founders of EsoTron on Investment by Integral Venture Partners

Karanović & Partners advised the founders of EsoTron in the recent deal that saw Integral Venture Partners acquire a 50% share in the company. EsoTron is a key player in the circular economy, with a leading role in collecting and processing used cooking oil, animal fats, and organic waste in the Adriatic region. It is […]

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August, 2024

Fair Justice for Ghostwriters

Copyright: A Ghostwriting Case Settled Fairly

In a recent legal resolution, an author, a mechanical engineer employed to oversee the printing machinery at a prominent publishing house, found himself at the heart of an unexpected ghostwriting controversy. While his official duties revolved around ensuring the smooth operation of the printing equipment, he ended up contributing significantly to the company’s literary output […]

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August, 2024

Karanović & Partners at Sarajevo Film Festival

Empowering Future Filmmakers: Legal Insights at the 30th Sarajevo Film Festival

Screening: Wild Diamond, UniCredit Summer Screen, 30th Sarajevo Film Festival, 2024 (C) Obala Art Centar   Our team was proud to be part of the 30th Sarajevo Film Festival, a prestigious event that attracted famous actors and industry professionals from around the world. Besides, rich film programme, Meg Ryan, and Alexander Payne had their master […]

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August, 2024

Banking & Finance Legal Update

Harmonisation of Serbian Law on Payment Services with PSD2

The Parliament of the Republic of Serbia recently adopted amendments to the Law on Payment Services (“Law”) that will start to apply from 6 May 2025 (“Amendments”). By the Amendments, the Law is harmonised with the EU’s PSD2. The key goal of the Amendments is the enhancement of innovations on the market and securing increased […]

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August, 2024

Global Trade News

Trademarks in International Trade: 5,000 High-Quality Athletic Sneakers

What do Panama, the Netherlands, Latvia, and Serbia have in common? A shipment of over 5,000 high-quality athletic sneakers travelled through these countries before being halted at customs over authenticity concerns. The primary issue centred on potential trademark infringement due to suspicions that the goods might be counterfeit. Customs officials raised concerns because some labels, […]

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July, 2024

Albania: Legal Update

Amendment to the Albanian Labour Code

The Parliament of Albania has recently passed amendments to the Albanian Labour Code (“Code“), specifically regarding employee annual paid vacation entitlements. While the Code previously provided that employees were entitled to no less than four calendar weeks of paid vacation for one year of work, the amendment now clarifies that employees are entitled to no […]

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2024