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Newsroom

November, 2020

One More Regional Project

Karanovic & Partners Advised Pfizer on Their Latest Project

Karanovic & Partners and cooperating lawyers have advised Pfizer on separation of their Upjohn businesses in Serbia, Croatia, Slovenia, Bosnia & Herzegovina, Montenegro and North Macedonia, together with Clifford Chance, as well as on the employment aspects of Upjohn and Mylan combination (now Viatris) in Serbia, together with Bird & Bird. Karanovic & Partners’ core […]

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November, 2020

Karanovic & Partners Update

Ivana Racković Makes a Comeback to Karanović & Partners

Karanovic & Partners is pleased to announce that Ivana Racković is rejoining our firm. In her rich legal career, Ivana started off in Serbian court system where she was appointed a judge. She joined our firm in 2005, where she headed our Dispute Resolution team until 2010. We are proud to say that after 10 […]

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November, 2020

CEE Legal Matters Experts Review: Competition

Ethnicity and Competition Law

This Article was originally published in Issue 7.8 of the CEE Legal Matters Magazine.   There is an interesting legal tool in the Competition Law of Bosnia and Herzegovina (originally adopted in 2005), that is seldom seen in other jurisdictions. Per the legal framework, the governing body of the local competition authority, the Competition Council, consists […]

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November, 2020

Karanovic & Partners Supported Ventu Crowdinvesting Platform

The First Serbian Crowdinvesting Platform Launched

We are proud to announce that Karanovic & Partners supported the setting-up of the first Serbian crowdinvesting platform Ventu.rs (https://ventu.rs/).  This recently launched platform is a joint project of BDO Business Advisory from Belgrade and CONDA from Austria, supported by USAID’s Economic Development Cooperation Project and the Austrian Development Agency. Karanovic & Partners legal team […]

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November, 2020

CEE Legal Matters Experts Review: Competition

Mind the Gap! European Union and Serbia

This Article was originally published in Issue 7.8 of the CEE Legal Matters Magazine.    It’s no secret that competition law across the Western Balkans has been greatly shaped by EU accession, with local developments regularly driven by EU practice and the EU’s regulatory framework. Even if this were not the case in practice, the Stabilization […]

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October, 2020

The National Postal Service to be Privatised

Privatisation of Post Office of North Macedonia Announced

On 13 October 2020, the Government of North Macedonia announced its intention to amend the Law of Postal Services (Official Gazette of the Republic of Macedonia no. 158/2010, as amended), which would allow for the Post Office of North Macedonia, the national postal service of the country, to be privatised. A feasibility study is set […]

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October, 2020

Another Global Recognition of our Competition Lawyers

Who’s Who Legal Recognised Lawyers from Karanovic & Partners as Leading Competition Experts from Serbia

We are proud to announce that three members of our Competition team were recognised in 2020’s edition of Who’s Who Legal: Competition as leading Serbian competition lawyers. Our Senior Partner, Rastko Petaković, Partner* Bojan Vučković and Senior Associate* Bojana Miljanović were named among other world’s leading competition lawyers. Our colleagues continue to maintain their high […]

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October, 2020

The European Commission Fined Coroos and Groupe CECAB

EUR 31.6 Million Fines Imposed in the Canned Vegetable Cartel Case

On 27 September 2019, the European Commission (“Commission”) fined Coroos and Groupe CECAB a total amount of EUR 31.647 million for participating in a canned vegetable cartel for over 13 years, while the third participant, Bonduelle received full immunity as a whistleblower. According to the Commission, the cartel was formed with the aim of preserving […]

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October, 2020

Competition Update: Serbia

Competition Commission Initiates a Gun-Jumping Investigation

On 17 September, the Serbian Commission for Protection of Competition (the “Serbian NCA”) initiated official proceedings against a local pharmacy chain (“Janković Pharmacy”), in order to investigate whether it failed to file a mandatory merger notification prior to a reportable acquisition. The Serbian NCA’s concerns were triggered by finding out that in March 2019, the […]

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October, 2020

Energy and Natural Resources Update: North Macedonia

North Macedonia Joins the Energy Project Alexandroupolis

On 2 October 2020, the Prime Minister of North Macedonia announced that the country will join the construction of the terminal for natural gas in Alexandroupolis, Greece. Gastrade, the Greek utility company developing the Alexandroupolis LNG terminal, has provided their support to include North Macedonia in the project. The terminal, which is expected to become […]

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October, 2020

Legislation Update - Montenegro

Rulebooks Accompanying the New Company Law in Montenegro Adopted

Following the entrance into force of the new Company Law back in July, the Official Gazette of Montenegro yesterday published two by-laws specifically regulating the registration procedure and the respective fees for such procedure. In that line, the following two Rulebooks have been adopted: “the Rulebook on determining the criteria and the fees amount for […]

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October, 2020

IFLR 1000 Rankings Announced

IFLR 1000 Once Again Marked Karanovic & Partners as the Leading Legal Practice in the SEE Region

Karanović & Partners has been recognized once again as a top-tier law firm in the newest IFLR 1000‘s ranking of leading legal practices. This year, IFLR 1000 has ranked Karanović & Partners and the cooperating lawyers as Tier 1 in the Financial and Corporate and Project Development categories. As in previous ranking, Miloš Vučković,  Darko Jovanović and Nihad Sijerčić have […]

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September, 2020

Aviation Update: Croatia

Privatisation of Croatian Airlines Postponed Due to COVID-19 Crisis

Croatian Minister of the Sea, Transport and Infrastructure announced that the government will continue the privatisation of state-owned airline operator Croatia Airlines after the COVID-19 crisis subsides. At the beginning of the year, the government was ready to enter the second phase of negotiations with two interested companies. However, after the COVID-19 outbreak, the aviation […]

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September, 2020

Competition Update: Slovenia

European Commission Clears Fortenova’s Acquisition of Mercator

On 21 September, the European Commission (“EC”) unconditionally cleared a transaction involving the acquisition of the Slovenian retail conglomerate Mercator by Fortenova Group. Both undertakings are active in the supply of daily consumer goods across Southeast Europe. The transaction in question represents a part of a broader restructuring process of Agrokor (Fortenova’s predecessor and majority […]

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September, 2020

The First Overseas Office of the International Development Finance Corporation

DFC Opens a Regional Office in Belgrade

22 September 2020 has marked an opening of the first overseas office of the International Development Finance Corporation (“DFC”), America’s development bank, in Serbia’s capital Belgrade. This is one of the first steps following the political agreement signed in Washington on 4 September 2020, as well as letters of interest that Serbia recently signed with […]

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September, 2020

Legislation Update - Montenegro

The Montenegrin Competition Agency Starts an In-Depth Investigation on Latest Rounds of Airline State Aid

On 3 September 2020, the Montenegrin Competition Agency (the “Agency”) initiated a formal investigation over the compliance of state aid provided to the Montenegrin national airline with the EU framework and the local state aid rules. The European Commission has been underlining the support given to Montenegro Airlines as potentially problematic from a state aid […]

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September, 2020

Legislation Update: Montenegro

Revising the Regulatory Environment for Media in Montenegro

On 27 July 2020, the Montenegrin Parliament enacted a new Media Law (the “Law“), so as to harmonize the legal framework with European Union standards. The new rules introduced in the Law aim to improve transparency of the local media landscape, while trying to keep up with a rapidly evolving world. The main novelties of […]

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September, 2020

Intellectual Property Regional Update

Give Your Brand a Boost with Balkan ccTLDs

Domain name extensions have for a long time been only that – domain name extensions. DotCom and DotNet dominated the Internet sky for years with no specific reason – inertia maybe. Now the extensions are substantially integrated into a domain name – not just hanging at the end. Eastern European countries have a lot to […]

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September, 2020

Karanovic & Partners and AFA Strengthening their Corporate Partnership

Karanovic & Partners Took Part in Two Webinars Organised by AFA

As a corporate member of Association for Female Affirmation (AFA), Karanovic & Partners took part on 2 webinars organized by AFA on 11 September 2020. Senior Associate* Milica Filipović and Associate* Milijana Tomić held a workshop within “She’s Next” program, designed for female entrepreneurs who are at the very beginning of the development of their […]

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September, 2020

Karanovic & Partners Partnered with Blocknify Startup

k/signing powered by Blocknify Launched

Karanovic & Partners launched k/signing, an electronic signature technology, in partnership with Blocknify. With k/signing, we aim to facilitate the procedure of electronic execution of documents in a secure and transparent manner using blockchain. “The absolute need for remote execution of documents is now more evident than ever. This is why we have partnered with […]

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2021