/Newsroom

July, 2018

Karanović & Nikolić at ELSA Summer Law School "Business and Law"

The First ELSA Summer Law School In Belgrade

Karanović & Nikolić participated in first ever ELSA Summer Law School in Belgrade, titled “Business & Law”. Organized by the European Law Students Association, the programme took place from 01 to 08 July, and it focused on burning issues in different fields of Business Law. On 05 July lectures were held at the Karanović & […] Read more
July, 2018

Real Estate News: Serbia

Serbia Introduces an E-Cadastre

The Law on the Registration Procedure with the Cadastre of Real Estate and Utilities (the “Law“) entered into force on 8 June 2018. The Law aims to introduce significant innovations, primarily concerning the method of filing applications and documents with the cadastre and the relation between the cadastre and other authorities, as well as deadlines […] Read more
June, 2018

Karanović & Nikolić Advised ZF Friedrichshafen AG

ZF Group Building A Factory In Serbia

The Karanović & Nikolić team, led by Senior Partner Marjan Poljak and Senior Associates ⃰ Ana Stanković and Ana Luković, advised ZF Group on the project of opening an electric vehicle parts factory in Pančevo, Serbia. The German company, a global leader specialising in the design, research and development, and manufacturing activities in the automotive […] Read more
June, 2018

Banking and Finance News: Serbia

The Law on Financial Collaterals – Two Steps Forward, One Step Back

On 8 June 2018, the Serbian Parliament adopted the Law on Financial Collaterals (“FC Law“) which will become applicable on 1 January 2019. Financial agreements that are not fulfilled by 1 January 2019 will be implemented pursuant to the rules that were in force before that date. Simultaneously, the Insolvency Law (“Insolvency Law“) was amended to support proper functioning […] Read more
June, 2018

Corporate and Commercial News: Serbia

Serbia Adopts the Law on Ultimate Beneficial Owners Central Registry

On 25 May, the Serbian Parliament adopted the Law on Ultimate Beneficial Owners Central Registry (“Law”) and it entered into force on 8 June 2018. This Law was adopted in order to harmonise domestic legislation with international standards and to improve the existing system of detecting and preventing money laundering and the financing of terrorism. The the […] Read more
June, 2018

The Acquisition of Telenor Banka

PPF Acquiring Telenor Banka

PPF Group, a Czech investment firm, signed a contract with Telenor Group, the Norwegian telecoms giant, on the acquisition of 100% of the shares in Telenor Banka, the first online bank in Serbia. The Karanović & Nikolić legal team – led by partner Miloš Jakovljević ⃰ and associates Sava Drača ⃰ and Marija Vićić ⃰, having previously advised PPF Group on […] Read more
June, 2018

Karanović & Nikolić At The Balkan Legal Forum

The Future of Law – Technology and Legal Services in SEE

On 15 and 16 Jun, the 10th edition of the Balkan Legal Forum took place in Vienna, Austria. Karanović & Nikolić is honoured to have been an important part of this year’s agenda – Senior Partner Patricia Gannon opened the forum, while Managing Partner Rastko Petaković moderated “The Legal Needs of Different Industry Sectors” panel. […] Read more
June, 2018

Views - Relja Mirkov

A Study In Red – The Importance Of Louboutin Shoes For European Trademark Law

On 12 June 2018, Christian Louboutin’s won a key legal battle in the war over the trademark of his red soled shoes when the European Court of Justice (ECJ) stated that their red colour was separate from the shape of the soles. For a bit of background, Paris-based Christian Louboutin has marketed the red-bottomed shoes […] Read more
June, 2018

Corporate and Commercial News: Serbia

Serbia Amends Company Law

The Serbian Parliament adopted amendments to the Serbian Company Law (Law) on 8 June 2018, and they were published in the official journal on the same date. This is the first overhaul of the Serbian Company Law since it was enacted back in 2011. Most of the amendments relate to the introduction of the concepts required […] Read more
June, 2018

Karanović & Nikolić Wins The 2017 CEELM Deal Of The Year Award

Čibuk 1 Windfarm Announced to be the Landmark Deal of the Year

We are pleased to announce that Karanović & Nikolić has won the 2017 CEELM Deal of the Year Award for Serbia for the EBRD and IFC financing of Vetrolektrane Balkana – Čibuk 1 Windfarm. Organized by the renowned CEE Legal Matters magazine, this is the first year that these awards were held and they are […] Read more
June, 2018

CEE Legal Matters Deal of the Year Award for Serbia

Karanović & Nikolić Wins the 2017 Deal of the Year Award

We are pleased to announce that Karanović & Nikolić has won the 2017 Deal of the Year Award for Serbia for the EBRD and IFC financing of Vetrolektrane Balkana – Čibuk 1 Windfarm. Organized by the renowned CEE Legal Matters magazine, this is the first year that these awards were held and they are a way of […] Read more
June, 2018

Karanović & Nikolić At The 2018 Balkans M&A And Private Equity Forum

Private Equity Trends and the Macro Outlook in the Focus of the Balkans M&A and Private Equity Forum

Rastko Petaković, managing partner at Karanović & Nikolić, held a presentation of the latest private equity trends CEE region on the 2018 Balkans M&A and Private Equity Forum. Organized by Mergermarket, a leading media company that provides specialist news, research, analysis and data on financial markets, this is the second year this conference was held […] Read more
June, 2018

Views - Darko Jovanović

Reshaping The Financial Landscape

Recently, I attended the xCEEd conference in Belgrade – the leading FinTech event in Central and Eastern Europe. The theme of this year’s conference was “Road Mapping the Digital Future”, focusing on the practical application of financial technologies in CEE. Supported by the UK Department for International Trade, this is the second year that this […] Read more
June, 2018

Competition and Antitrust News: Serbia

Serbia: Athletics Equipment Distributors Under Investigation for Failure to Notify Exclusivity

Following a tip, the Serbian Competition Commission (the “Commission“) recently started investigating the business relationship between GR Sport and Polanik, a Polish company, concerning an alleged infringement of competition – the conclusion of a restrictive agreement which was not notified for prior exemption under the applicable legal framework. During the preliminary inquiry, the Commission gathered data from […] Read more
May, 2018

Geographical Indications Of Origin

In Serbia, Where The Past Fuels The Future

This article was written by Dragomir Kojić, Partner ⃰, and Tamara Bubalo, Associate ⃰, and was originally published in Issue 5.2 of the CEE Legal Matters Magazine.    Geographical indication of origin, this very peculiar form of industrial property protection, has undergone a revival phase over the past few years, thus becoming more omnipresent not […] Read more
May, 2018

Energy and Natural Resources News: Montenegro

Montenegro to Publish a Tender for a 200 MW Solar Power Plant

The Montenegrin Government plans to publish a tender for the lease of state land for the purpose of constructing a solar power plant in the municipality of Ulcinj. According to the announcement, the tender envisages a total of 6,621,121 square meters of land for the planning, construction, exploitation, and maintenance of a solar power plant at Briska […] Read more
May, 2018

Energy and Natural Resources News: Montenegro

Striving Towards The Black Gold

This article was written by Petar Mitrović, Partner ⃰, and Nikolina Kažić, Associate ⃰, and was originally published in Issue 5.2 of the CEE Legal Matters Magazine.    The first upscale exploration of oil and gas in Montenegro started in 1914, when King Nikola Petrović approved the National Assembly’s decision for oil exploration around Lake […] Read more
April, 2018

Competition and Antitrust News: Serbia

Dawn Raids: Serbian Competition Commission Investigates Distributors of Childcare Products

On 24 April 2018, the Serbian Competition Commission (the “Commission“) conducted dawn raids against local distributors of baby and infant products, Yuglob and Keprom. The dawn raids happened on three locations in Belgrade, during which the Commission collected the documentation it considered necessary for further investigation. Dawn raids are a special investigation tool. During raids, […] Read more
April, 2018

Banking and Finance News: Serbia

The Serbian Law On Foreign Exchange Amended

On 20 April 2018, the amendments to the Law on Foreign Exchange (the “Law”) were adopted and will enter into force on 28 April 2018. Exceptionally, the application of certain provisions related to the assuming of competencies over foreign exchange control by the National Bank of Serbia is delayed until 1 January 2019. The main […] Read more
April, 2018

Employment News: Serbia

New Serbian Law on Foreigners Adopted

In March 2018, the new Serbian Law on Foreigners was adopted, replacing the 2008 version of this law – in force until recently without any amendments. The new law will enter into force on 3 October 2018. While retaining the general concept of the previous law, the new legislation introduces certain novelties in terms of the […] Read more