M&A News
Karanović & Partners Advises PPF Group on Strategic Telecom Transaction in CEE
PPF Group has completed the sale of a 50% plus one share in its PPF Telecom Group assets in Bulgaria, Hungary, Serbia, and Slovakia to Emirates Telecommunication Group Company (e&’s), establishing a new venture, e& PPF Telecom Group. This transaction, valued at EUR 2.15 billion, with an additional earn-out potential of up to EUR 350 million, […]
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Serbia’s Bond Market
EY and Karanović & Partners Host Bond Financing Conference in Serbia
On 31 October, EY and Karanović & Partners hosted a conference titled “Bond Financing – Benefits and Challenges from Financial and Legal Perspectives” at the Hyatt Regency Belgrade, to discuss the benefits and challenges of corporate bonds issuance through the prism of Corporate Bond Issuance Program supported by the Ministry of Finance. The event opened […]
Read more Albania: Legislation Update
New Joint Instruction Clarifies Residence Permit Procedures in Albania
New Joint Instruction No. 196/2024, “On cooperation between the Ministry of Internal Affairs, Ministry of Economy, Culture, and Innovation, and the State Intelligence Service regarding the issuance of residence permits for foreigners” (the “Instruction”), came into effect on 22 October 2024. This Instruction, aimed at clarifying and improving coordination among public institutions, does not amend […]
Read more Tax News: Montenegro
Waiver of Interest on Outstanding Tax Obligations in Montenegro
The Law on the Waiver of Interest on Outstanding Tax Obligations (“Law”) has been officially adopted and will take effect on 1 January 2025. This Law allows for the waiver of unpaid interest on tax obligations that became due before 31 December 2024. The Law encompasses taxes, fees, contributions, charges, and other monetary payments established […]
Read more Cybersecurity in Focus
Insights from the Legal Pro Forum
On 22 October 2024, our Senior Associate Andrej Jelenković moderated a panel at the Legal Pro Forum dedicated to the legal and technical dimensions of cybersecurity. The discussion primarily focused on the NIS 2 Directive, addressing its implications and examining civil and criminal cases related to cybersecurity incidents. Dr. Milena Nikolić from Siemens Energy provided […]
Read more 19th Annual Conference
Regional Compliance & Business Regulation Conference: Navigating Through Legal Challenges
On 16 October 2024, Karanović & Partners hosted its 19th annual conference at Metropol Palace in Belgrade –Regional Compliance & Business Regulation Conference. Evolving from an event focused primarily on competition law, this occasion has become a regular event in the regional business landscape, addressing a wide range of topics such as M&A, data protection, […]
Read more Albania: Legal Update
Regulatory Changes for Employment Agencies in Albania
Under Albanian law, employment intermediary activities are carried out by two types of agencies. The first type consists of “Recruitment Agencies,” which facilitate the hiring of individuals to work for a third party. The second type includes “Temporary Employment Agencies” (TEAs), which recruit and hire individuals for temporary assignments with host companies while keeping them […]
Read more Art and Mental Health
Art for the Mind: Celebrating Art and Mental Health on World Mental Health Day
Karanovic & Partners, in collaboration with the Nordic Business Alliance and Artoget, proudly hosted the Art for the Mind exhibition and cocktail event, honouring World Mental Health Day on 10 October. The event underscored the vital role of art in supporting mental well-being, with the aim to celebrate them both. This unique gathering showcased artwork […]
Read more Montenegro: Legal Update
Recent Changes in the Montenegrin Labour Regulations
Recently, the Parliament of Montenegro has amended the labour regulations by adopting two amendments to the Labour Law in August and September 2024, and by adopting the amendments to the Law on Contributions for Mandatory Social Insurance in September 2024. 1. Novelties in the Labour Law The recent amendments to the Labour Law introduce […]
Read more Slovenia: M&A News
Gunnebo Safe Storage Expands in Europe with Primat Acquisition
Gunnebo Safe Storage, a Swedish leader in security solutions, has acquired Primat Group with a presence in Slovenia, Serbia and Bosnia and Herzegovina, known for manufacturing safes and secure storage solutions. Our colleagues from Ketler & Partners, member of Karanovic, Senior Partner Marko Ketler and Senior Associate Nina Krajnc Anžlovar, advised Gunnebo Safe Storage on […]
Read more Croatia: M&A News
TeraPlast Group Expands Regional Presence with Optiplast Acquisition
TeraPlast Group has signed an agreement to acquire 70% of Optiplast, Croatia’s third-largest flexible packaging manufacturer, enhancing its regional reach and production capacity. Optiplast specialises in flexible packaging products, including waste bags and shopping bags, and brings 35 years of market experience to complement TeraBio Pack’s offerings. Our colleagues, Senior Partner Goran Ilej, Senior Associate […]
Read more M&A News
BIG Acquires Promenada Novi Sad
BIG has successfully finalised the acquisition of Promenada Novi Sad from NE Property, in a deal worth around €177 million. Promenada Novi Sad is a prominent retail property in Serbia, and BIG CEE acquired it through its Serbian subsidiary. Our team, led by Senior Partner Miloš Vučković, Senior Associate Marko Ćulafić, Associate Marina Živanović, and […]
Read more SEE Tax Landscape: 1st Edition
SEE Tax Landscape 2023: A New Publication on Regional Tax Systems
Karanović & Partners is pleased to announce the release of the inaugural edition of our SEE Tax Landscape publication. Authored by the regional tax team, led by our colleagues from Ketler & Partners, member of Karanovic, Partner Igor Angelovski and Tax Law Expert Dr Maruša Pozvek, as well as our Senior Consultant Branimir Rajšić, this […]
Read more Serbia's Tech Growth
AMD Opens Engineering Design Centre in Serbia, Expanding AI and Tech Capabilities
U.S.-based technology giant AMD has announced the opening of its engineering design centre in Serbia, marking a significant expansion of the company’s presence in the Balkans. The new centre will initially employ 90 highly qualified software engineers, with two teams based in Belgrade and Niš. Our team worked closely with AMD on this project. Senior […]
Read more Karanovic & Partners and Dentons co-hosted the event in Belgrade
Beyond Borders: U.S. Sanctions, Export Controls and FCPA/Anti-Corruption
Karanovic & Partners, in collaboration with Dentons, successfully hosted an insightful event on September 26, focusing on U.S. Sanctions, Export Controls, and the Foreign Corrupt Practices Act (FCPA)/Anti-corruption. Held at Karanovic & Partners’ offices in Belgrade, the event brought together in-house legal counsels, compliance professionals, and executives to discuss the extraterritorial impact of U.S. regulations […]
Read more Karanovic & Partners in Mexico City
Milena Jakšić Papac Moderated a Panel at the IBA Annual Conference
Karanovic & Partners took part in the International Bar Association (IBA) Annual Conference in Mexico City, with Partner Milena Jakšić Papac co-moderating a panel titled “Megatrends and the Future of Tech/AI in the Modern Workplace.” The panel addressed key trends shaping the future of technology and artificial intelligence within the legal and employment sectors. The […]
Read more AmCham Serbia Conference on Amendments to the Energy Law
Petar Mitrovic Moderated “Empowering Businesses to Green Transition” AmCham Conference
The conference “Empowering Businesses to Green Transition,” dedicated to the upcoming amendments to the Energy Law that will soon be presented to the parliament, was held on 19 September in Belgrade. AmCham Serbia organised the event, and our Partner and vice-chairman of the AmCham Energy Committee, Petar Mitrović, co-moderated the discussion together with chairwoman of […]
Read more ICC Serbia Training
Karanovic & Partners at the Training on Arbitration as a Method of Dispute Resolution in Business
Our Senior Partner, Milan Lazić, was one of the lecturers at the “Arbitration as a Mechanism for Resolving Commercial Disputes” training, organised by the Serbian National Committee of the International Chamber of Commerce (ICC Serbia) as part of the activities of the Serbian ICC Commission on Arbitration and ADR. The training, which was held on […]
Read more Istrian Y Milestone
Učka Tunnel Opening Ceremony Marked in Croatia
The second tube of Učka tunnel, a key component of the Istrian Y motorway, officially opened for traffic, marking a significant advancement in the infrastructure connecting Istria with the rest of Croatia. This tunnel is part of an extensive project that links Pula with Umag and Rijeka, facilitating greater ease of travel and supporting the […]
Read more k/andidates program
A New Generation Invitation – Celebrating 10 Years of k/andidates
We are happy to announce that the new call for our k/andidates program is now open. We are ready to welcome the next generation of legal trainees to join our practice and become part of our team. The k/andidates program offers a unique training experience that propels ambitious law graduates towards success. It’s designed to […]
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