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Newsroom

March, 2022

Workshop 2022

Karanovic & Partners took part in a workshop dedicated to employee share plans

On March 8, two of our Partners, Maja Jovanović Šetka and Ivan Nonković, Senior Associate Boris Radojčić, and Consultant Jelena Stojanović shared their expertise in corporate, labour and tax law on the topic of employee share plans, as part of an online workshop organised in cooperation with Digital Serbia Initiative. This event is part of […]

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February, 2022

Another large acquisition for BIG

BIG CEE acquires Delta City Podgorica

BIG Shopping Centers reports that the subsidiary CEE-BIG BV, which is 95% owned by BIG, has signed an agreement to purchase DELTA CITY Mall located in Podgorica, Montenegro, at an agreed value of EUR 95 million. Karanovic & Partners were proud to be involved with this acquisition, as our colleagues were the team responsible for […]

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February, 2022

Chambers Global Rankings Announced

Karanovic & Partners Ranks as Leading Law Firm in Chambers Global Guide 2022

We are proud to announce that Karanovic & Partners has once again been top-ranked on the most recent Chambers Global leading law firm listing. This year’s Chambers Global Guide highlights yet again Karanovic & Partners legal practices and its lawyers being top-ranked across the region in Serbia, Bosnia and Herzegovina, Montenegro, Slovenia, North Macedonia and […]

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February, 2022

Major deal in Slovenia

One of the largest VC deals in Europe

Our colleagues from Ketler & Partners, member of Karanovic advised KraftPal Group on their EUR 122.9 million equity investment from Pasaca Capital Inc., a California-based private equity firm, which is one of the largest venture capital (family office) deals in Europe. Ketler & Partners, member of Karanovic were the lead advisors, coordinating the entire deal […]

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February, 2022

Update: North Macedonia

North Macedonia and Turkey to sign a Memorandum of Cooperation in the Field of Energy

The recent global surge in gas prices has once again highlighted the need for the diversification of supplies. This topic was brought to attention at the eighth Ministerial Meeting of the Southern Gas Corridor Advisory Council, held in Baku, Azerbaijan. Within the meeting, the Minister of Economy of Republic of North Macedonia, Mr. Kreshnik Bekteshi, […]

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February, 2022

Karanovic & Partners announces new Managing Partner

Darko Jovanović Appointed as the New Managing Partner

Karanovic & Partners is pleased to announce the appointment of Darko Jovanović as the new Managing Partner.  He will take over the leading position from Dragan Karanović, after acting as deputy Managing Partner for the past two years. With 18 years within the firm, Darko is specialised in infrastructure and energy financing, construction projects and […]

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February, 2022

Karanovic & Partners advises on sale of Patent Co.

Abris sells Patent Co to Austria’s RWA

Karanovic & Partners has advised Abris Capital Partners and the Patent Co. founders on sale of Patent Co. to RWA Raiffeisen Ware Austria AG. Patent Co. is the leading animal nutrition business in Central and Eastern Europe, and a global provider of animal nutrition solutions, including patented high value-add feed additives. It employs around 250 […]

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January, 2022

National Bank of Serbia recomendations for CHF LIBOR

The NBS Published the Recommendation for Replacing the CHF LIBOR and EONIA Benchmark Interest Rates in Serbia

On 20 January 2022, the National Bank of Serbia ( the “NBS”) published the Recommendation in Connection with the Interest Rates which Would Replace Benchmark Interest Rates which Cease to Apply (CHF LIBOR and EONIA) (the Recommendations). The aim of the Recommendations is to ensure uninterrupted continuity of the contractual relationship between the borrower or […]

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January, 2022

28 – 30 June, Budva Riviera, Montenegro

Karanovic & Partners will take part at the Western Balkans 2022 Energy Week

A great opportunity arises for Serbia, Montenegro, North Macedonia, Albania and Kosovo* to further develop their renewable energy production, as this summer’s Energy Week is announced! Invest In Network, a boutique consultancy based in the U.K. whose mission is to foster the deployment of renewable energy across Central Asia, the Black Sea and the Western […]

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January, 2022

Karanovic & Partners new cooperating jurisdiction

Karanovic & Partners Fully Established Cooperation with CR Partners in Albania

Karanovic & Partners is pleased to announce full cooperation with CR Partners, a full-service independent law firm in Albania. With CR Partners, we are combining powers in fully entering the Albanian market with providing legal services. We are looking forward to our joint forces and being able to meet the needs of our clients, no matter how complex they […]

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January, 2022

Update: Montenegro

Montenegro: Assembly passes Laws from programme Europe Now

On 29th December 2021, Montenegrin Assembly passed a series of laws that are part of the Europe Now programme, which sets the strategy of Montenegro’s economy policy-achieving smart, sustainable and inclusive economic growth. Series of laws that were changed in order to make programme Europe Now possible include: Labor Law, Law on Personal Income Tax, […]

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January, 2022

Karanovic & Partners Update

Karanovic & Partners Joins L2b Aviation

Karanovic & Partners is pleased to announce that it has been invited to join L2b Aviation, a worldwide network of premier aviation law firms. Members of this network are leading specialist aviation law firms within their respective jurisdiction, providing tailored, responsive, consistent, and personal service to their clients, with in-depth knowledge and experience in all […]

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January, 2022

Update: Serbia

2021 Amendments to the Company Law

On 19 November 2021 the Parliament of the Republic of Serbia enacted amendments to the Company Law. The amendments are applicable as of 27 November 2021, except for certain clauses for which a deferred implementation is provided. This is the seventh time the Company Law undergoes changes since it was enacted ten years ago. In […]

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January, 2022

Serbia: Banking & Finance Update

New Capital Market Framework in Serbia

The end of 2021 has marked adoption of the new Law on Capital Market (the “Law”) in Serbia, which was published on 28 December 2021. The Law was adopted in line with the recently enacted Strategy for Development of the Capital Market for the period 2021-2026 and within a wider process of accession of Serbia […]

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January, 2022

Another Major Energy Acquisition in Croatia

Pearl Infrastructure Capital closes its third acquisition in Croatia in a year

After successfully closing two acquisitions in 2020, our colleagues from Ilej & Partners in cooperation with Karanovic & Partners advised PEARL Infrastructure Capital, a Luxembourg based investment fund specialized in green energy, in their third acquisition in Croatia in only one year. On 4 January 2022, PEARL acquired A&A Bioenergy Viro, project holder of a […]

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December, 2021

Corporate Update

Gaming1 Partners with CVC

Gaming1, the entertainment branch of Ardent Group, has signed a transformational deal for their next phase of growth. The active shareholders in the Liège-based company, the leader in the Belgian gaming market, have partnered with CVC Capital Partners Fund VIII. Karanovic & Partners team led by Partner, Ivan Nonković, and Senior Associate, Sava Drača, have […]

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December, 2021

Banking & Finance Update

GGF Provided its First Local Currency Loan in Serbia

We are pleased to announce that Karanovic & Partners supported the Green for Growth Fund, Southeast Europe (GGF) with the provision of its first local currency loan in Serbia, as part of its efforts to provide finance for energy efficiency and renewable energy investments in the Southeast Europe Region. In December 2021, GGF closed a […]

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December, 2021

Banking & Finance Update

Additions to EFSE’s Investment Portfolio in Serbia

We are pleased to announce that Karanovic & Partners has supported the European Fund for Southeast Europe (EFSE) in its mission to foster economic development and prosperity in the Southeast Europe region. Our team advised EFSE in relation with two loans that have been extended to Serbian banks in 2021, both aimed at supporting micro […]

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December, 2021

IP Update

IP legislation updates bring benefits to the Serbian Pharma Industry

The National Assembly of the Republic of Serbia recently adopted amendments to the Law on Patents, which is another important change in Serbian IP legislation this year, in addition to the New Law on Protection of Trade Secret, that  entered into force back in June, following the recent changes in the fields of copyright and […]

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December, 2021

Corporate: Update

Karanovic & Partners Participated in the Business Combination of TeleSign and North Atlantic Acquisition Corporation SPAC

North Atlantic Acquisition Corporation (Nasdaq: NAAC), a publicly traded special purpose acquisition company (SPAC), with $380 million in trust, has entered into a definitive business combination agreement with TeleSign, an industry pioneer with more than 15 years of operating history of connecting, protecting, and defending the world’s leading brands and their customers as they engage […]

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2022