30 Years in Focus
NEON Gallery Hosts 30th Anniversary of Karanović & Partners
On the evening of 25 September, the NEON Gallery in Belgrade opened its doors for a special exhibition, “What Endures Began As Imagination”, dedicated to the 30th anniversary of Karanović & Partners. The exhibition showcased 15 outstanding works selected through our regional art competition, highlighting creativity, innovation, and vision, the same values that have guided […]
Read more
North Macedonia: Legislation Update
Temporary Residence and Employment of Foreigners in North Macedonia: Key Changes Under the 2025 Amendments
Recent changes to the Law on Foreigners in North Macedonia introduce simpler residence requirements, new deadlines, additional employer obligations, and special rules for strategic projects. The amendments take effect on 26 September 2025. Key points are below. Simplified conditions for temporary residence Instead of criminal record checks from both the country of citizenship and the […]
Read more Legislation update: North Macedonia
North Macedonia Adopts Key Amendments to the Energy Efficiency Law
On 12 September 2025, the Assembly of North Macedonia adopted amendments to the 2020 Energy Efficiency Law. Drafted by the Ministry of Energy, Mining and Mineral Resources, these amendments represent an important part of the country’s comprehensive energy sector reform, building on the framework established by the recently enacted Energy Law. The legislative updates are […]
Read more SEE Tax Landscape: 2nd Edition
SEE Tax Landscape 2025: Insights into Regional Tax Systems
Karanović & Partners is proud to announce the publication of the second edition of our SEE Tax Landscape. Building on the success of last year’s first release, this updated guide once again brings together the expertise of our regional tax team, led by colleagues from Ketler & Partners, member of Karanovic – Partner Igor Angelovski […]
Read more North Macedonia Energy Update
1 October is the Deadline to Submit Initiatives for the 2026 Annual Energy Facilities Construction Plan
The Ministry of Energy, Mining and Mineral Resources of North Macedonia (“Ministry”) has called for submission of initiatives to include energy projects in the 2026 Annual Plan for Construction of Energy Facilities for Production of Electric and Heat Energy and Storage of Electrical Energy (“Annual Plan”), implementing the new regulatory framework introduced by the recently […]
Read more Legislation update: North Macedonia
North Macedonia to Introduce Law with Tax Incentives for Business Angels and Startups
The Macedonian government is drafting a new law to support individual investors, known as business angels, by formally defining their role and introducing tax incentives for their investments in startups. The regulation seeks to provide greater legal certainty, stimulate private investments, and encourage innovation-driven growth that would lead to new jobs and stronger competitiveness. To […]
Read more Albania Legislation Update
Albania Moves to Strengthen Whistleblower Protections: What Businesses Need to Know
Albania has taken another decisive step toward harmonising its legislation with EU standards by releasing for public consultation a draft law “On Whistleblowing and the Protection of Whistleblowers”. The draft law closely follows Directive (EU) 2019/1937 and is expected to reshape how both public institutions and private entities handle reports of misconduct. A key innovation […]
Read more Slovenia Event
Celebrating 10 Years of Practice Presence in Slovenia
On September 11, we had the privilege of celebrating the 10th anniversary with our colleagues from Slovenia. Ketler & Partners, member of Karanovic, threw an anniversary party at the historic Ljubljana Castle. The evening brought together colleagues, clients, and friends, as we reflected on the achievements of the past decade and looked ahead to new […]
Read more Karanović & Partners Anniversary
Results of the Art Competition “What Endures Began as Imagination”
We are proud to announce the winners of this year’s regional art competition “What Endures Began as Imagination”, organised as part of the 30th anniversary of Karanović & Partners. The call attracted more than 120 submissions from young artists across Serbia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, Slovenia, and Albania. This year’s competition has […]
Read more M&A News
Regent Acquires OESL from Continental AG
Karanovic & Partners advised Regent, a private equity firm managing business across technology, consumer, media and industrial sectors worldwide, on its acquisition of ContiTech’s Original Equipment Solutions (OESL) business unit. We cooperated with Taylor Wessing Germany as lead counsel. Our team provided local transaction and competition assistance, supporting the successful execution of one of the […]
Read more AI and Legal Boundaries
ChatGPT 5 Launch and an Important Reminder on Legal Privilege
With the recent launch of ChatGPT 5, OpenAI unveiled its most advanced and capable conversational AI to date, boasting significant improvements in contextual understanding, nuanced interaction, and generative fluency. Yet in a timely warning, OpenAI CEO Sam Altman cautioned in a July 2025 podcast that despite ChatGPT 5’s advancements, interactions with it—especially those akin to therapy, medical counselling, […]
Read more North Macedonia: Legislation Update
North Macedonia Aligns Mining Sector with EU Green and Energy Goals
The Ministry of Energy, Mining and Mineral Resources of the Republic of North Macedonia (“Ministry”) has proposed two new laws — the Law on Mining and the Law on Geology – available for public consultation. The Ministry has stated that the proposed laws are fully harmonised with European regulations and are intended to replace the […]
Read more North Macedonia’s Energy Transition
North Macedonia Powers Ahead with New Renewable Energy Law
North Macedonia is ready to adopt the country’s first-ever separate law governing the use of energy from renewable sources. The Draft Law on the Use of Energy from Renewable Sources (“Draft RES Law”) is aligned with the latest changes in European energy legislation, most notably the RED III Directive. This Directive governs the promotion and […]
Read more Croatia: M&A News
MTX Group Acquires Omial Novi from Aluflexpack
Czech industrial group MTX Group has acquired Omial Novi, a Croatian company, from the Swiss-based Aluflexpack Group, in a transaction that served as a key condition for the European Commission’s approval of Constantia Flexibles’ entry into the Aluflexpack Group. The acquisition strengthens MTX Group’s position in the European packaging industry, particularly in the market for […]
Read more Legislation Update: Albania
Albania Introduces New Guidance on Law Enforcement Data Processing
In July 2025, the Albanian Data Protection Commissioner adopted Guidance No. 05/2025 on the Processing of Personal Data by Competent Authorities (“Guidance”), marking an important step toward operationalising Law No. 124/2024, Albania’s GDPR-aligned data protection law. This guidance introduces essential obligations for authorities tasked with maintaining public order and national security, such as the police, […]
Read more Legislation Update: Albania
Albania Adopts New Trademark Law Aligned with EU and International Standards
On July 3, 2025, the Albanian Parliament adopted Law No. 52/2025 “On Trademarks”, repealing the trademark-specific provisions of the existing Law No. 9947, dated July 7, 2008, “On Industrial Property”, as amended (the “Law”). While the previous law governed a broad range of industrial property rights, including patents, utility models, trademarks, industrial designs, geographical indications, and business […]
Read more Legislation Update: Serbia
New Serbian Regulation on Palm Oil Products: A Shift in Labelling and In-Store Presentation
As of 1 August 2025, the newly adopted Regulation on Additional Requirements for the Placement on the Market of Products Containing Palm Oil, Palm Fat, or Other Vegetable Oils and Fats (the “Regulation”) will come into effect in Serbia, marking a significant development in the regulatory framework at the intersection of food law and consumer […]
Read more Proposed changes to Denmark’s Copyright Law
Denmark’s Proposed Copyright Law Amendments to Deal with Deepfake Misuse — Where Is Serbia?
Europe has already begun regulating deepfakes. The EU’s AI Act emphasises transparency, risk management and conformity assessments for high-risk AI, but does not create new individual rights against deepfake misuse. It requires providers of systems that generate or manipulate deepfake media to embed machine-readable markings (e.g. watermarks or metadata) flagging content as AI-created, and obliges […]
Read more Legislation Update: Albania
Albania Adopts Amendments to the Law on Foreigners
This summer, the Albanian National Assembly adopted a significant package of amendments to the Law on Foreigners, signalling a clear shift toward aligning national migration rules with key EU directives. While the legal changes are substantial, their purpose is broader: to simplify how Albania governs entry, residence, and work rights for foreign nationals, especially those […]
Read more Legislation Update: Albania
Aligning with the EU: Albania’s Upcoming Foreign Investment Screening Procedure
The Albanian Parliament has enacted Law No. 56, dated 11.07.2025, amending Law No. 7764/1993 “On Foreign Investments”, to introduce a formal review process for incoming foreign direct investments (“FDI”) in sectors deemed critical to national security and public order. Under the new amendment to Article 10, any foreign investment “related to or affecting critical public infrastructure, critical technologies, […]
Read more