M&A News
FEG Expands into Montenegro through Lob Acquisition
Fortune Entertainment Group (FEG), the largest Central European betting operator, has expanded its operations into Montenegro through the acquisition of Lob, one of the leading companies in the entertainment and gaming industry in the country. The transaction represents one of the largest foreign direct investments in Montenegro in recent years, reflecting growing investor confidence in […]
Read more
Intellectual Property Update
EU Reports Highest Value of Counterfeit Goods Ever: EUR 3.8 Billion in 2024
The European Commission has published its latest report, EU Enforcement of Intellectual Property Rights: Results at the EU Border and in the EU Internal Market. The report shows a total number of 112 million detained counterfeit items worth an estimated EUR 3.8 billion across the European Union last year. The total number of detained items […]
Read more Legislation Update: Serbia
Tax News: Tax Legislation Amendments and Supplements
The Serbian Ministry of Finance initiated on 10 October the public consultation on amendments and supplements of the several important laws (i) Law on Value Added Tax, (ii) Law on Electronic Invoicing, (iii) Personal Income Tax Law, (iv) Law on Mandatory Social Security Insurance, (v) Law on Electronic Delivery Notes and (vi) Law on the […]
Read more Regional Climate Dialogue
Karanović & Partners at Chapter Zero Slovenia Business Breakfast in Belgrade
On 10 October, Karanović & Partners took part in a business breakfast organised by Chapter Zero Slovenia, held at the British Ambassador’s Residence in Belgrade. The event brought together business leaders, board members, and sustainability experts to discuss the role of governance in driving the green transition across Southeast Europe. Our Partner Petar Mitrović moderated […]
Read more Legislation Update: Serbia
Serbia to Introduce GHG Tax
The Serbian Ministry of Finance initiated on 1 October the public consultation on (i) Law on the Tax on Greenhouse Gas (GHG) Emissions; and (ii) Law on the Tax on Import of Carbon-Intensive Products (the Laws). The public consultation will last for 20 days, and the Laws are expected to apply as of 1 January […]
Read more Practical Legal Perspectives
Business Breakfast on Internal Investigations
On 1 October, Karanović & Partners hosted a business breakfast dedicated to internal investigations for members of Chambre de Commerce et d’Industrie France Serbie (CCI France Serbie), Confindustria Serbia, and the Nordic Business Alliance (NBA). The discussion, moderated by Partner Goran Radošević, featured our colleagues, Partner Bojan Vučković, Partner Milica Poljak, Partner Andrej Jelenković, and Senior […]
Read more Legislation update: North Macedonia
North Macedonia Adopts New Law on Control of Industrial Emissions
The Assembly of the Republic of North Macedonia has adopted a new Law on Control of Industrial Emissions (“Law”), as an important step towards harmonisation of national legislation with European Union standards in the field of environmental protection. Reinforcement of the “Polluter Pays” Principle In line with the 2010/75/EU Directive on Industrial Emissions, the new […]
Read more AmCham Serbia: News
Katarina Tomić Isailović Joins AmCham Energy Leadership
Our Senior Associate Katarina Tomić Isailović has been selected as the new Vice-Chairperson of the AmCham Serbia Energy Committee. Katarina is taking over this position from our Partner Petar Mitrović, who successfully served as Vice-Chairperson for the second time. During his tenure, Petar actively contributed to advancing discussions on key energy and sustainability issues, promoting […]
Read more Employment Law in Focus
Karanović & Partners at FIC Insight on Draft e-Sick Leave Law
On 24 September, the Foreign Investors Council (FIC) hosted an Insight session, named “the Draft Law on e-Sick Leave: Employer Perspective”, gathering government officials, HR professionals, and business representatives at the European House in Belgrade. The event was moderated by our Partner Milena Jakšić Papac, head of our employment practice group and President of the […]
Read more 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