Axel Johnson International to Acquire Tinex
Axel Johnson International Announces the Acquisition of Tinex
Axel Johnson International, a global industrial group of 170 companies in 30 countries, announced the acquisition of Tinex, a leading distributor of bearings, mechanical power transmission technology, and sealing solutions in Slovenia. In this way, Axel Johnson International strengthens its position in the Slovenian power transmission market, successfully continuing the geographical expansion of the company. […]
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Duomed Group Expanding into the Balkans
Duomed Group Announces The Acquisition of Mar Medica Ltd.
Duomed Group announced the acquisition of Mar Medica Ltd. Mar Medica Ltd. is a company based in Belgrade, Serbia, specializing in selling, installing, and servicing medical equipment and disposable medical supplies for both state health institutions and private clinics and hospitals, focusing on surgery, anesthesia, and intensive care. The company covers a market of over […]
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Karanović & Partners at the Law and Innovations Conference
Our Senior Partner Rastko Petaković and Senior Associate Nikola Kliska took part in Law and Innovations, a new regional conference giving a different perspective to the legal profession. The speakers were legal practitioners and professionals dealing with the latest topics in the field of software protection, biometric data protection, and creating favourable conditions for start-ups. […]
Read more Focus on Competition 16th Edition
Karanović & Partners presents the 16th edition of “Focus on Competition”
Karanović & Partners is pleased to announce that we have published the 16th edition of our book Focus on Competition. Our newest edition of Focus on Competition provides an overview of the recent trends and developments in the Balkans and throughout Europe – what we can expect from the new EU Vertical Block Exemption Regulation, […]
Read more Colt to Acquire Lumen Technologies’ EMEA
Karanović & Partners has advised Colt Technology Services on the entry into an agreement regarding the acquisition of Lumen Technologies’ EMEA business
Colt Technology Services (Colt), a digital infrastructure company, announced the entry into an exclusive arrangement for the proposed acquisition of Lumen Technologies’ Europe, Middle East, and Africa business for $1.8 billion. The envisaged transaction is subject to customary conditions. Karanović & Partners, together with Baker McKenzie, advised Colt on the Serbian aspects of this transaction. […]
Read more Serbian Competition Authority – Recent Activities
Increased Enforcement from the Serbian Competition Authority: Gun-jumping, RPM, and Abuse of Dominance in the Crosshair
This autumn was certainly marked by the increased enforcement activities of the Serbian competition authority since it initiated five investigations in the past six weeks. The alleged anti-competitive activities encompass all three main pillars of competition law: merger control, restrictive agreements, and abuse of dominant position. Gun-Jumping Investigations on the Rise In the […]
Read more Legislation Update: Serbia
Last Call to Harmonize with the Serbian Company Law
Amendments to the Company Law rendered in 2021 prescribe the obligation to register the following data as part of the information on the company’s seat: city, municipality, street or square, house number, floor, and apartment number (for more details on these and other amendments to the Company Law, please see our previous newsletter). While most […]
Read more 17th Focus on Business & Regulation Conference
Karanović & Partners Holds the Focus on Business and Regulation Conference
On November 1, 2022, Karanović & Partners held the Focus on Business and Regulation Conference at Hyatt Regency, Belgrade. After two years of online webinars, we have gladly hosted the physical conference for our distinguished clients and colleagues. At the conference, we presented the newest edition (16th in a row) of our annual publication Focus […]
Read more Renewable Energy at Turning Point
The Panel Discussion on the (Un)used Potential of Renewable Energy in Serbia
Our Partner in the Energy and Natural Resources Industry Group Petar Mitrović presided over “The (Un)used Potential of Renewable Energy in Serbia”, the panel discussion on green transition, held on 20 October 2022. The event took place in Media Center in Belgrade, Serbia, and was organized by Beta news agency, in cooperation with the European […]
Read more SAM Business Breakfast
Business Breakfast On “Employee Stock Ownership Plans”
Karanović & Partners together with the Serbian Association of Managers organized a business breakfast on 13 October 2022. Our colleagues prepared an informative talk on the subject matter, with the aim of contributing to the local business community. The event gathered numerous executives and business founders interested in this innovative mechanism to motivate and reward […]
Read more FIC Networking Cocktail 2022
Karanović & Partners Held the Foreign Investors Council Networking Cocktail
On 5 October 2022, Karanović & Partners had the pleasure to be the host of the second Foreign Investors Council Networking Cocktail this year. The Executive Director of the Council, Aleksandar Ljubić, had the opening speech: “We are proud that for 20 years, FIC Serbia has been gathering the most important foreign investors who make […]
Read more Opening of the MTU Maintenance Serbia
Karanović & Partners Advised MTU Aero Engines, Prior to the Opening of the Facility in Serbia
A German aircraft engine manufacturer MTU Aero Engines opened the MTU Maintenance Serbia, a new plant located within the newly designated industrial park in Nova Pazova, on 7 October 2022. Germany’s leading manufacturer for developing, manufacturing, and providing service support for military and civil aircraft engines came to Serbia in 2021, for the reason of […]
Read more Sarajevo Event on the Deadlocks in the Decision-Making
Karanović & Partners Hosted the Workshop on Deadlocks in Decision-Making
Our colleagues, Nihad Sijerčić and Nevena Tomić Lučić, Attorneys at Law in cooperation with Karanović & Partners, hosted a workshop “Deadlock and deadlock breaking mechanisms in the decision-making of small and medium enterprises”. It took place in Sarajevo, 30 September 2022, and was supported by the EBRD and EU. The EBRD representatives and Mr Kemal […]
Read more Legislation Update: Serbia
The path to effective consumer protection: one rulebook or one year at a time?
The Minister of Trade, Tourism and Telecommunications adopted the Rulebook on the Functioning of a Body for Out-of-court Settlement of Consumer Disputes (the “Rulebook”), which became applicable on 25 June 2022. This is another step towards ensuring that the mechanisms introduced in the last year’s Consumer Protection Law (the “Law”) become operational. The Rulebook is […]
Read more k/andidates programme
Karanović & Partners is hiring Next Generation of Trainees
Autumn call for k/andidates programme is now open. Our team is looking for law graduates who are searching for unique trainee experience and a fast track to the legal experience they always dreamed of. K/andidates programme is a great chance to participate in work with our clients and put your knowledge into practical context. As […]
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Karanović & Partners at the Western Balkans 2022 Energy Week
Our Partner Petar Mitrović took part in the Western Balkans 2022 Energy Week. The conference was held from 6 to 8 September in Budva, Montenegro. The event gathered authorities and energy companies from the Western Balkans along with the international financial institutions and major multinational investors, EPC and consultancy firms for a dialogue aimed at […]
Read more North Macedonia: Public Calls for Choosing Heat Energy Providers
Public Calls for Choosing a Provider for Production, Distribution and Supply of Heat Energy in North Macedonia’s Capital
The Government of North Macedonia (“Government”) has published the public calls for choosing a provider for (i) regulated production of heat energy; (ii) distribution of heat energy; and (iii) supply of heat energy. The Government intends to choose providers of the abovementioned energy activities (which are considered as public services) to meet the needs of […]
Read more Banking & Finance Update
GGF Extends Its Portfolio in Serbia
We are pleased to announce that Karanovic & Partners supported the Green for Growth Fund, Southeast Europe (GGF) with the provision of another loan in Serbia, as part of its efforts to provide finance for energy efficiency and renewable energy investments in the Southeast Europe Region. In June 2022, GGF closed a deal with UniCredit […]
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Karanović & Partners advised Hidden Harbor Capital Partners on acquisition of Dayco, LLC
Hidden Harbor Capital Partners, a private equity firm that helps create business success stories by building teams focused on execution, and Dayco, LLC, a leading engine products and drive systems supplier for the automotive and aftermarket industries, have signed a definitive agreement pursuant to which Hidden Harbor will acquire Dayco. The Karanovic & Partners team, […]
Read more Closing of Major Acquisition in Croatia
CHIRON Group acquires Croatian company HSTEC
CHIRON Group SE, a German-based world leader in metal industry, acquired 90% shares in the Croatian company HSTEC. Our colleagues from Ilej & Partners in cooperation with Karanovic & Partners including Partner Iva Tokić Čuljak and Associate Antun Skansi, advised CHIRON Group on all legal matters and successfully closed the transaction. The CHIRON Group, headquartered […]
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