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Newsroom

December, 2021

Karanovic & Partners Update

Rastko Petakovic won AFA Annual Recognition 2021

Our Senior Partner, Rastko Petaković, won the AFA Annual Recognition 2021 for overall support to AFA activities for 5 years. The traditional AFA New Year’s gathering was held on 9 December at the Serbian Business Club Privrednik. The event brought together members of the AFA Corporate Board, representatives of the Diplomatic Committee, as well as […]

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December, 2021

Slovenia Update

Slovenia is one step closer to implementation of the new EU Whistleblowing Directive

The Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union law (“Whistleblowing Directive”) entered into force on December 16th, 2019. Member States are required to transpose the Directive into national laws until December 17th, 2021, whereas it is clear […]

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December, 2021

Energy Update

Karanovic & Partners Moderated a panel at “Serbia and the Future of Renewable Energy” Conference

Our Senior Partner, Miloš Vučković, moderated a panel discussion at “Serbia and the Future of Renewable Energy” Conference organised by the Nordic Business Alliance on 14 December, held in the residence of the Norwegian Ambassador in Serbia. A panel discussion focused on framework conditions in the energy sector, which Miloš discussed with Jovana Atanacković, State […]

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December, 2021

Update: Serbia

Another Amendment to the Company Law

On 19 November 2021 the Parliament of the Republic of Serbia enacted yet another amendment to the Company Law. This is the seventh change of this piece of legislation in its 10 year long legal life. We focus here on the two which may have far-reaching consequences to the landscape of limited liability companies (LLC) […]

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December, 2021

Focus on Competition – 15th Edition

Karanovic & Partners presented 15th edition of “Focus on Competition” at the traditional Competition Conference 2021

Karanović & Partners, together with Friedrich Naumann Foundation for Freedom, held on 14 December 2021 our traditional annual Competition Conference, online for the second time. Attendees from different parts of the world joined our Zoom session in order to learn about the latest developments in the field of competition law. We traditionally presented the newest […]

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December, 2021

North Macedonia Update

North Macedonia: Informal Requirement for Transfer Impact Assessments in the New Year

Transfers of personal data outside of North Macedonia to third countries and international organizations (non-EU/EEA) (“Cross-Border Transfers”) have been under the watchful eye of the Agency for Personal Data Protection of North Macedonia (“DPA”) for a long time. With the adoption of the new Law on Personal Data Protection in North Macedonia (“Law”) in 2020, […]

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December, 2021

Workshops 2021

Karanovic & Partners attended Blockchain Legal Workshop

Our Partner, Katarina Gudurić, and Senior Associate, Andrej Jelenković attended Blockchain Legal Workshop organised by the Serbian Blockchain Summit. The workshop was held in Hotel Zira in Belgrade on 1st December. Blockchain legal workshop is a specialised event specifically for legal professionals and focuses entirely on legal aspects of cryptocurrency, blockchain utility, as well as decentralised finances, […]

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December, 2021

Energy Update

Clean Energy Package for the Entire Europe

At the meeting in Belgrade, on 30 November 2021, under the presidency-in-office of the Republic of Serbia, the Energy Community Ministerial Council adopted the five key legislative acts stemming from the Clean Energy for all Europeans package and the Decarbonisation Roadmap. The Clean Energy for all Europeans package covers legislative acts in the area of […]

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December, 2021

New Generation of Senior Associates Announced

Karanovic & Partners Promotes New Senior Associates

Karanović & Partners is pleased to announce that Valentina Djordjic Mijatovic and Aleksandar Petrovic have been named Senior Associates. “These highly professional individuals have established themselves as key members of our team. Their promotion reflects their hard work and dedication, as well as great relationship with clients.” said Dragan Karanović, Managing Partner. Both Valentina and […]

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December, 2021

Karanovic & Partners Promotion Announcement

Bojana Miljanović Hussey Promoted to Partner

Karanovic & Partners is pleased to announce Bojana Miljanović Hussey’s promotion to Partner. Bojana has been a part of Karanovic & Partners for over 11 years. After graduating law in the UK, obtaining a master’s degree in the US, and passing the NY Bar, she chose to begin her career as a trainee in the […]

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November, 2021

Serbia Update: Energy

Wind Auctions in Serbia – Final Chapter of the Regulatory Reform

In the second half of November, the authorities intensified their activities on finalization of the regulatory reform of the renewables sector in Serbia commenced in the beginning of the year with work on new Law on Use of Renewable Energy Sources. After the Government decided about the quota for subsidizing new wind power plants – […]

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November, 2021

Serbia: Update

Karanovic & Partners in vivid discussion with startups from Science Technology Park Nis

On November 25, Science Technology Park (STP) Nis organised an online AMA session with start-up and scale-up companies, members of STP Nis. Partners, Ivan Nonkovic and Goran Radosevic, with support from business development, Veronika Tasić, talked about what global technology companies and investors are most interested in when investing or acquiring. Startups and scaleups, members […]

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November, 2021

New Moves

Karanovic & Partners Advises Volt Resources Limited on its Acquistion of Asena Investments doo

Graphite producer and battery anode material developer Volt Resources Limited (ASX: VRC) (“Volt” or “the Company”) announced the acquisition of three licence applications that are considered to be prospective for lithium-borate mineralisation. The licence applications are in respect to a total area of 291km2, located in Serbia and are west and south-west of the Serbian […]

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November, 2021

Karanovic & Partners Promotion Announcement

Ana Luković Promoted to Partner

Karanovic & Partners is pleased to announce Ana Luković’s promotion to Partner. Ana started her career 12 years ago at Karanovic & Partners as an intern. After practising as a corporate lawyer, she moved on to the real estate team. There, with her perseverance, reliability, personal development, and work in the team she practically built […]

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November, 2021

IP Update

Enforcement of and against Intellectual Property Rights

Serbia has a long-standing tradition in the protection of intellectual property rights. The Kingdom of Serbia was even one of the first 11 signatories of the Paris Convention in 1883. Nowadays, the laws on trademarks, patents, and other industrial property rights are harmonised with the ones in the EU. However, in the process of enforcement […]

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November, 2021

Slovenia Update

Changes in the Legislation governing Electricity Supply in Slovenia

Up until quite recently, the field of electricity supply in Slovenia was regulated by the Energy Act (“EZ-1”),[1] which additionally governed several other areas and has, over the years, became vastly extensive and impractical. As a response the legislator decided to take the initiative and on 20 October 2021, the National Assembly of Republic of […]

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November, 2021

Regional IP Guide Webinar

Karanovic & Partners Held a Regional Webinar “The Law of k/reativity”

Karanovic & Partners in cooperation with local lawyers organised a regional IP guide webinar for university and high-school students on 17 November 2021. The panel was moderated by Nikola Kliska, Head of IP and Senior Associate, while the speakers included Ljupka Noveska Andonova, Nihad Odobašić and Marija Stojanović, attorneys at law in cooperation with Karanovic & […]

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November, 2021

Update: Croatia

New Croatian Law on Copyright and Related Rights – a Modernised System of Copyright Protection

The new Croatian Law on Copyright and Related Rights (“Law”) entered into force on 22 October 2021. One of the main reasons for adopting the Law was the implementation of EU Directives 2019/790  and 2019/789  into the local legislation. The new Law modernised the system of copyright protection and related rights concerning digital society needs, […]

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November, 2021

Banking & Finance Update

Unicredit Bank and Elicio Ali VE Complete the Refinancing for the Alibunar Wind Farm

UniCredit Bank Serbia and Elicio Ali VE doo, a company wholly owned by Elicio NV, have completed the refinancing transaction of the wind farm “Alibunar” of 42 MW, which supplies slightly less than 30,000 households with electricity, Unicredit Bank announced at the end of October. Our Senior Associate, Mina Sreckovic, advised  Elicio Ali VE doo […]

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November, 2021

Tax News: Serbia

Personal Income Tax Incentives and Capital Gains Tax Exemptions Proposed

The Government of the Republic of Serbia has recently proposed amendments to the tax laws, including amendments to the Law on Personal Income Tax (‘PIT Law’), Law on Mandatory Social Contributions (‘SSC Law’) and the Law on Corporate Income Tax (‘CIT Law’). Several payroll tax incentives are proposed under amendments as well as tax exemption […]

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2022