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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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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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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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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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 […]
Read more 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, […]
Read more 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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