Real Estate Serbia Update
Karanovic & Partners advised Marriott International on the largest investment in Serbian tourism
Marriott International, one of the world’s most well-known luxury hotel chains, reached an agreement on cooperation with Millennium Resorts for the construction of a hotel complex in Vranjska Banja. Real Estate team led by Senior Partner Dragan Karanović and Senior Associate Ana Luković advised Marriott International in this cooperation. By this agreement, Marriott International will […]
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New Agriculture Law in North Macedonia
New Law on Sale of State-owned Agricultural Land
The Ministry of Agriculture, Forestry and Water Economy of North Macedonia (“Ministry”) recently pointed out that 577,662 ha are classified as arable land in North Macedonia, while 41% of this land is state-owned. It also noted that the current applicable Law on Sale of State – Owned Agricultural Land (“Law”) has many ambiguities and systemic […]
Read more Electronic Invoices Serbia Update
Law introducing mandatory e-invoices adopted
The National Assembly of the Republic of Serbia recently adopted the Law on Electronic Invoicing (the „Law“). The Law brings significant changes to the economy, as it prescribes the gradual mandatory issuance of electronic invoices. The main reasons for the new law, as stated by the lawmakers, are to achieve transparency and legal certainty in […]
Read more Renewable Energy Serbia Update
Petar Mitrović Appointed to Working Group for Renewables of the Ministry of Mining and Energy
Following the adoption of the new Law on Use of Renewables, the Ministry of Mining and Energy of the Republic of Serbia (Ministry) formed a working group for preparation of the bylaws for implementation of the law. Karanovic & Partners are delighted to announce that our Partner Petar Mitrović is appointed to be a member […]
Read more IP Update Serbia
Karanovic & Partners held an interactive lecture at the Legal & IP module
Senior Associates Nikola Kliska and Igor Radovanović gave a lecture on Wednesday, May 13th. The “Legal & IP” lecture is a part of the Master 4.0 program, module “Advanced Technologies in the Digital Transformation”, organised by the Faculty of Organisational Sciences and School of Electrical Engineering. This presentation is a part of the “Team Start-up […]
Read more Competition Croatia Update
Croatian Competition Act Further Aligned with EU rules
The amendments of the Croatian Competition Act (I) (the “Amended Competition Act”) entered into force on 24 April 2021. The main reason for adopting the amendments was transposition of the ECN+ Directive (II) into the local legal regime. The ECN+ Directive’s primary aim is to provide national competition agencies with adequate independence to ensure effective […]
Read more IT and Start-up Croatia Update
Investment in robotic software: Croatian start-up advised on the deal with J&T Ventures Capital
The Croatian start-up Robotiq.ai received a 900,000 euros investment in a deal with J&T Ventures, a VC fund based in Prague. Our colleagues from Ilej & Partners in cooperation with Karanovic & Partners advised Robotiq.ai on all matters related to the venture capital investment. The team led by Senior Partner Goran Ilej and supported by […]
Read more Legal Technology Innovation Serbia Update
Karanovic & Partners attend the LegalTech Innovation Conference
Karanovic & Partners took part at the virtual LegalTech Innovation Conference held on May 13. On a panel “How LegalTech and AI are Transforming Access to Justice”, our Senior Partner Rastko Petaković discussed the influence of technology in the legal industry along with the expert panellists Maeve Storey (CrowdJustice), Jenifer Swallow (LawtechUK) and Sophia Adams […]
Read more Green Energy Serbia Update
Karanovic & Partners held an Interesting Workshop on Green Energy for Law Students
Once again, Karanovic & Partners held an interactive workshop for law students called “Green Energy – Legal Aspects”, in cooperation with the Faculty of Law, University in Belgrade, on 12 May. The workshop, as a part of the course/skill Case Study and Moot Court, included an overview of the legal aspects of the green energy […]
Read more Data Protection Serbia Update
Received a Self-assessment Checklist from the Data Protection Commissionaire? Here is what to do
The Serbian Data Protection Commissionaire holds broad inspection powers under both the Data Protection Law and the Inspection Supervision Law. These powers also include one that has gained significant traction in recent months – sending an email with a checklist to companies and requesting them to prepare and submit a self-assessment report to the Commissionaire. […]
Read more Online Event “Year of COVID – Work Organization”
Karanovic & Partners at the FIC Online Open Dialogue
Karanovic & Partners took part at the FIC online Open Dialogue “Year of COVID – Work Organization” held on April 13. Partner Milena Jakšić Papac moderated the discussion as the HR Committee President of the FIC (Foreign Investors Council). The focus of the event was on the Guide to Safe and Healthy Work from Home. […]
Read more Legal 500 Rankings Update
Karanovic & Partners Ranked Among Top-Tier Law Firms in 2021
Karanovic & Partners is proud to announce that we have once again been listed among leading law firms in the 2021 Legal 500 rankings. Along with the top-tier ranking in 10 practice areas across the region, our lawyers received individual praise by the distinguished, UK-based legal directory. Senior Partners Dragan Karanović, Darko Jovanović, Milan Lazić, […]
Read more Regional Update
New combination to strengthen regional presence
Karanovic & Partners is proud to announce the combining of legal practices of Iva Tokić Čuljak and Ivana Sverak with Ilej & Partners in cooperation with Karanovic & Partners. This combination brings together a wealth of experience in some of the most complex Croatian and cross-border deals and advisory work to date. Ivana has been […]
Read more 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 […]
Read more 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 […]
Read more New Moves
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 […]
Read more M&A Serbia
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 […]
Read more New Moves
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 […]
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