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Newsroom

November, 2021

North Macedonia Update

North Macedonia: Preparations for the Electricity Crisis

While trying to bounce back from the COVID-19 pandemic, the world is running headlong into an energy crisis, and North Macedonia will meet the same fate. The country is facing serious electricity shortages due to the rising growth of prices on the energy exchanges in Europe. This, in turn, disables the companies that trade in […]

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November, 2021

Non-competition in Labour law

Non-competition Clause After the Termination of the Employment Contract

The Labour Law contains only 2 articles related the non-competition clause. It says: “An employee could be prohibited by the employment contract to perform certain work on his own behalf and for his own account, and also on behalf and for the account of another legal or natural person, without the consent of his employer […]

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November, 2021

Slovenia Update

Changes to the Legislation Governing Lease of Business Premises in Slovenia

Up until fairly recently, the lease of business buildings and business premises (offices, warehouses, pertaining parking spaces, etc.) in Slovenia was governed by the Business Buildings and Business Premises Act[1] (“Act”). Since the Act was adopted back in 1974, it was not shaped for the modern business environment in which it is both in the […]

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November, 2021

Karanovic & Partners Update

Petar Mitrović to Moderate AmCham Discussion Panel “The price of electricity for the economy: What to expect?”

Our Partner and member of the AmCham Energy Committee, Petar Mitrović, will moderate an online panel discussion on November 3, organised by AmCham Serbia. Some of the discussion topics will be short-term and long-term causes of increasing electricity prices – locally and globally, the trends in electricity prices in the future, and how to prepare […]

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October, 2021

North Macedonia: Update

North Macedonia: Investment Support for Technological Industrial Development Zones

The Minister of Finance and the Prime Minister of North Macedonia recently presented the Plan for Accelerated Economic Development (“Plan”), intended to boost the economic development in the country and provide recovery of the economy for the period between 2022 and 2026. The Plan envisages private sector investments of up to EUR 8 billion, as […]

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October, 2021

Understand Common Crimes and Risks Online

Beware of Hi-Tech Frauds!

Recently, in practice, we have encountered a number of requests of our clients related to the fraud committed by interception and breach of confidentiality of electronic correspondence by unknown and extremely computer literate and tech-savvy criminals. Frauds are usually committed by scammers in a way that they intercept business correspondence and secretly track emails, until […]

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October, 2021

IP in Street Art

Street Art – SEE Perspective

Spray? Colours? Lots of colours? Street art? Yes, yes and yes. We love it! When you see it, you might like it or not. You may perceive the effort invested by the artist, but you will probably not think about the legal aspects encompassing this topic. We will. The work of art is protected by […]

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October, 2021

Banking & Finance Update

Karanovic & Partners Advised BIG Shopping Centers on Israeli Stock Exchange Transaction

BIG Shopping Centers Ltd, the controlling shareholder (approx. 95 pct) of BIG CEE, has successfully raised 205 mln new Israeli shekels (approx. 55 mln euros) by issuing secured bonds on the Israeli stock exchange by refinancing the BIG Fashion Kragujevac, BIG Krusevac and BIG Fashion Outlet Indjija shopping centres in Serbia. BIG Group intends to […]

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October, 2021

Update: Serbia

Karanovic & Partners Advised ElevenEs on Partnering with EIT InnoEnergy to build Battery Gigafactory in Serbia

ElevenEs and EIT InnoEnergy have announced a strategic partnership to build Europe’s first large LFP battery plant in Subotica. The team led by Marjan Poljak, Senior Partner, and Igor Radovanović, Senior Associate, advised ElevenEs on this cooperation from the beginning. ElevenEs has signed agreements with EIT InnoEnergy, which Pitchbook ranks as the most active sustainable […]

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October, 2021

Women’s Leadership Summit 2021

Karanovic & Partners attend Women’s Leadership Summit 2021

Karanovic & Partners took part at the hybrid event Women’s Leadership Summit, organised by AFA, held on October 20 – 21. At the “Women at Workplace” panel, our Senior Partner Rastko Petaković discussed the importance of male engagement in advancing women at the workplace and achieving gender parity, along with Stefan Salom, Co-Founder and Director […]

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October, 2021

Karanović & Partners Update

Karanović & Partners Official Partner of Delta Holding “DBI”

For the fourth year in a row, Delta Holding organised the Delta Business Incubator, a company program to support start-ups, and we are proud to say that this year, we were partners of the program, along with several reputable global and regional companies and angel investors. This year, 36 teams applied for the incubation and […]

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October, 2021

Tax News: Serbia

Amendments to the Law on Fiscalisation, Law on Tax Procedure and Tax Administration and Transfer Pricing Rulebook were adopted

The Law on Fiscalization Under amendments fiscal obligors are provided with the transition period for harmonization of their operations with the new Law on Fiscalization. Transition period for commercial entities to start with application of Law on Fiscalisation will start on 1 November 2021 and it will end on 30 April 2022. Additionally, amendments stipulate […]

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October, 2021

Update: Slovenia

Investments: Elimination of two-stage decision making in the field of environmental protection and nature conservation

Adopted organizational changes Based on changes of the Decree on bodies within ministries, the competence to perform administrative tasks in the field of environmental protection and professional and administrative tasks in the field of nature conservation, except for administrative and professional tasks related to responsibility for prevention or remediation of environmental damage, have been transferred […]

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October, 2021

Corporate Update: Serbia

Karanović & Partners Legally Advised Innovation Fund on Start-Up Accelerator – Katapult

The Innovation Fund, with the support of The World Bank, launched Katapult – a start-up accelerator. Our Partner, Ivan Nonković, and Senior Associate Igor Radovanović were legal advisors to the Innovation Fund during the process and will be ongoing legal advisors. Katapult accelerator will be a new support mechanism for all Serbian start-ups. It will […]

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October, 2021

Workshops 2021

Karanović & Partners took part in Annual CEE Finance and Capital Markets Workshops

Karanović & Partners took part in annual CEE Finance and Capital Markets Workshops organised by Freshfields Bruckhaus Deringer. The event was placed virtually from Monday, 11 October to Thursday, 14 October 2021 with speakers on sustainable financing being our Partners, Maja Jovančević, Katarina Gudurić and Petar Mitrović. This year’s workshop focused on Sustainable Transformation in […]

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October, 2021

Legislation Update: Serbia

New Amendments to the Law on Prevention of Corruption

The Law on Prevention of Corruption (the “Law”), the key piece of Serbian anti-corruption legislation that started to apply in September 2020, recently received a short set of amendments. Most of the amendments are primarily aimed at correcting the flaws noticed so far in the wording of certain important provisions, and will therefore not largely […]

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October, 2021

Global HR Trends Summit in Belgrade

Karanović & Partners Official HR Law Partner of Global HR Trends Summit Belgrade 6

Karanović & Partners is an official HR Law Partner of the Global HR Trends Summit in Belgrade, organized by P World on October 7, 2021, at Metropol Palace Hotel Belgrade. Our Partner, Milena Jakšić Papac, will share her view on how is the New Normal challenging the labour framework & what to do about it. […]

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October, 2021

Draft Law on Narcotic Drugs and Psychotropic Substances

North Macedonia: Proposed novelties in the legislation related to cannabis for medical purposes

In recent years, the cultivation of cannabis for medical purposes has been a “hot” topic in North Macedonia. In 2016, the country regulated the procedure for the cultivation and production of hemp and hemp extracts. Since then, in line with publicly available information, over 60 approvals for the cultivation of cannabis for medical purposes have […]

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October, 2021

Berry Business Forum in October

Karanović & Partners to Moderate a Panel at the Berry Business Forum

Karanović & Partners will take part in the Berry Business Forum organised by Agro Belgrade on October 6/7. Our Senior Associate and Head of IP, Nikola Kliska, will moderate the panel on Breeders’ rights in correlation with good planting material on October 6 starting at 11.30. Other panellists are representatives of CIOPORA, Ministry of Agriculture, […]

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September, 2021

INTA committees for the 2022–2023 term

INTA COMMITTEES

We are proud to announce that this year three of our colleagues have been appointed to the following INTA committees for the 2022–2023 term: Copyright Committee: Nikola Kliska, Senior Associate; INTA Bulletins Committee: Kevin Rihtar, Senior Associate from Ketler & Partners, a member of Karanovic; and Young Practitioners Committee: Tamara Traparić, Junior Associate. INTA is […]

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2022