Anti-corruption in Serbia: New Law on Prevention of Corruption
What you need to know about the new Law on Prevention of Corruption
With the idea to support the industry regarding the new Law on Prevention of Corruption, Karanovic & Partners held a webinar for Inovia membership. Senior Partner Marjan Poljak, Partner Goran Radošević and Special Advisor Sanja Spasenović presented key provisions of the new anti-corruption legislation and the practical impact on companies’ operations. The webinar also had […]
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Case study: Start-up and Intellectual Property
Karanovic & Partners held an Interactive Workshop for Law Students
Karanovic & Partners held another workshop for law students called “Case study: Start-up and Intellectual Property”, in cooperation with the Faculty of Law, University in Belgrade, on April 7. The case study included an interesting story about the “Valtazar” start-up, launched in order to provide backup legal services to lawyers in digital surroundings. However, there […]
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Karanovic & Partners advises Corialis on its acquisition by Astorg from CVC Capital Partners
Astorg has entered into exclusive negotiations to become the new majority shareholder of Corialis, a leading European designer and manufacturer of aluminium systems for windows and doors, from CVC Capital Partners Fund VI. Founded in 1984 and headquartered in Belgium, Corialis employs c. 2,700 people across eight sites in the UK, Belgium, France, Poland, Portugal, […]
Read more Tax News: Bosnia and Herzegovina
Registration of foreign entities before ITA in Bosnia and Herzegovina is finally functioning
Indirect Taxation Authority of Bosnia and Herzegovina (“ITA”) conducts, among other, the registration of the taxpayers for Value Added Tax (“VAT”) purposes in Bosnia and Herzegovina. Pursuant to the applicable Value Added Tax Act of Bosnia and Herzegovina, there are two types of registration: (i) obligatory – in case the turnover in previous year exceeds […]
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Frontier Pharma and Baystone Group buy Serbian factory Zdravlje Leskovac
Teva Pharmaceuticals, one of the largest pharmaceutical companies in the world, reached an agreement with Frontier Pharma and Baystone Group to sell them its Serbian factory Zdravlje Leskovac. Karanović & Partners advised Teva Pharmaceuticals, with transactional team led by Senior Partner Dragan Karanović, Partner Miloš Jakovljević and Senior Associate Sava Drača, and regulatory team led […]
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Karanovic & Partners advises on Serbian aspects of CTP IPO
Karanovic & Partners acted as Serbian local counsel in connection with CTP’s initial public offering (IPO) and listing of its shares on Euronext Amsterdam. CTP Group is the largest full-service owner-developer of prime industrial and logistics property in the Central & Eastern Europe region and its Serbian property portfolio includes logistics parks in Belgrade, Kragujevac […]
Read more The Mentorship of Advisory program by the Serbian Development Agency
Serbian Government Supports Young and Female Entrepreneurs
Serbian Ministry of Economy invited people under 30 years of age and women entrepreneurs to apply for government supporting services which will be realised through the Serbian Development Agency and Regional Development Agencies. The Government prepared two packages of supporting services. For young people 18-30 years of age, the Government offers support provided by professionals […]
Read more Serbia: Latest Amendments to the Tax Legislation
Arm’s Length Interest Rates for 2021 Published
Serbian Ministry of Finance published a Rulebook on arm’s length interest rates for 2021. Mostly, the trend of decrease in the arm’s length rates compared to the previous years continues. As a reminder, based on Serbian Corporate Income Tax Law (CIT Law), the arm’s length interest can be determined either by using the interest rates […]
Read more Karanović & Partners Advises On New Wind Farm Project
Interenergo and Trigal to construct wind park in North Macedonia
Interenergo, an international energy company and one of the largest of its kind in Slovenia, along with the investment firm Trigal, enter into a EUR 40 million investment for the construction of 30 MW wind farm in Bogdanci, North Macedonia. Our cooperating local lawyers from North Macedonia provided full-scale assistance to Interenergo in this respect. […]
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Karanovic & Partners advises MTU Aero Engines in the construction of a new Facility in Serbia
Karanovic & Partners advised MTU Aero Engines, a German aircraft engine manufacturer that develops, manufactures, and provides service support for military and civil aircraft engines. The Karanovic & Partners team, led by Senior Partner Marjan Poljak and Senior Associate Ana Luković advised the company in relation to the construction of the new Maintenance-Repair-and-Overhaul-Facility in Serbia […]
Read more Online Property & Infrastructure Development Conference
Karanovic & Partners at the 6th Property and Infrastructure Development Conference
Karanovic & Partners took part at the 6th Serbia and Western Balkans Property and Infrastructure Development Conference held today. Senior Associate Ana Luković participated at an experts panel discussion Property & Infrastructure Projects: Challenges and Opportunities. At the online panel discussion, Ana talked about the current situation on the real estate market, the best ways […]
Read more Top Ranked Legal Practice in the SEE
Karanovic & Partners Remains Ranked as a Leading Law Firm in Chambers Europe 2021
Karanovic & Partners is proud to announce that we have once again been listed among the leading law firms in Europe in the latest edition of Chambers Europe 2021. In the newest edition of the Chambers guide, six practice areas within the Karanovic & Partners legal practice rank Band 1 – including Banking & Finance, […]
Read more Pontes the CEE lawyers, Karanovic & Partners and enervis publish a market intell...
Renewable Energy Investment Guide Published
PONTES the CEE lawyers, Karanovic & Partners and enervis are pleased to publish the Renewable Energy Investment Guide for Central Eastern & Southeast Europe. The new European Green Deal is supposed to be the key programme of the European Union to stimulate the economy after the economic crisis caused by the COVID-19 pandemic. “Net Zero […]
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Karanovic & Partners advises Continental with the lease, land acquisition and construction in Serbia
Karanovic & Partners advised Continental Teves, a German multinational company and one of the largest tire manufacturers and suppliers to the automotive industry worldwide. The Karanovic & Partners team, led by Partner Petar Mitrović assisted with the state incentives while Senior Associates Ana Luković and Milorad Gajić advised in relation to the land acquisition, lease […]
Read more Getting ready for risk-free rates – IBOR transition in the Western Balkans
Karanovic & Partners attend webinar regarding the IBOR Transition in the Western Balkans
On 10 March 2021, Partner* Maja Jovančević Šetka and Ermina Delić Kamenčić, Partner at Ketler & Partners, member of Karanovic, participated as expert panellists at a webinar hosted by Dentons, focusing on the effects of the IBOR transition and switching to risk free rates in the Western Balkans. Aside from Maja and Ermina, the panel […]
Read more CEE Legal Matters Experts Review: M&A & Private Equity
COVID-19 Impact on M&A Transactions in Serbia – Crisis as a Stimulus for Change
This Article was originally published in Issue 7.12 of the CEE Legal Matters Magazine. COVID-19 has changed so many things in our lives. Nothing has remained untouched, from social relations to business. Naturally, it has also heavily affected M&A activity in Serbia, just as across the entire SEE region. At the very beginning, uncertainty fell […]
Read more Digitalisation of the Serbian Healthcare System
Will fully digitalised medical records become the reality in Serbia in 2021?
The Government of the Republic of Serbia has formed the Coordination Body for Digitalisation of the Healthcare System in mid-January this year (“Coordination Body”). The Coordination Body includes the representatives of the relevant institutions, chambers, and business associations. The patients’ associations, their alliances and civil society organisations involved in the protection of the patients’ rights, […]
Read more Another Global Recognition of our lawyers
Who’s Who Legal Recognised Miloš Vučković from Karanovic & Partners as the Energy Leader from Serbia
We are proud to announce that our Senior Partner, Miloš Vučković was recognised in 2021’s edition of Who’s Who Legal: Energy, as the leading Serbian energy lawyer. Our Senior Partner was named among other world leading energy lawyers. Our colleagues continue to maintain their high quality of work as their expertise has already been recognised […]
Read more Major acquisition in the IT sector
Endava acquires Croatian Digital Agency Five
UK-based software development company Endava has acquired Five, a Croatian Digital Agency providing services in the domain of product strategy, design, and growth marketing. Our colleagues from Ilej & Partners in cooperation with Karanovic & Partners were local legal advisors of Endava, along with Akin Gump Strauss Hauer & Feld LLP serving as lead advisors. […]
Read more Karanovic & Partners advised Fortaco Group
Finland’s Fortaco acquires Serbian marine industry supplier Rapp Zastava
Fortaco Group has acquired Rapp Zastava, a Serbian company providing winches and other solutions to the marine industry, which employs 150 people and has a modern factory, located in Gruža. Karanovic & Partners team led by Partner Ivan Nonković and Senior Associate Marko Ćulafić, have worked in cooperation with Advokatfirmaet Selmer for Fortaco, on the […]
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