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Newsroom

December, 2020

Energy Update - Croatia

Croatian Renewables Incentives Tender – Deadline Approaching

On 12 November 2020 the Croatian Energy Market Operator (“HROTE“) published the first public tender for granting feed-in tariffs (“FIT“) and premiums (“FIP“) incentives under the newly established renewable energy sources incentive system. The deadline for bid submission expires on 12 December 2020. Under the new legal framework, FITs are reserved only for production facilities […]

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December, 2020

Star Taxi App Case

CJEU Rules that Electronic Taxi Application is an Information Society Service

On 3 December, the Court of Justice of the European Union (CJEU) ruled that a service that puts taxi passengers directly in touch with taxi drivers by means of an electronic application constitutes an information society service. As such it does not form an integral part of an overall service, regarding which the principal component […]

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December, 2020

Healthcare and Pharmaceuticals Update

KanaVape Case: CJEU Rules CBD is Not a Narcotic Drug

On 19 November 2020 the Court of Justice of the European Union (CJEU) ruled in a landmark decision that the cannabidiol (CBD) is not a narcotic, as it did not appear to have any psychotropic effect or any harmful effect on human health. CJEU stated that CBD is not mentioned in either the Convention on […]

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December, 2020

Aricoma Group Acquires the Tech Company Seavus

Karanovic & Partners Advised KKCG Group on Acquisition of the Seavus

The private investment group KKCG Group has closed their multi-jurisdictional acquisition of the Seavus group. Our cooperating lawyers from North Macedonia handled the local side of the transaction and coordinated the work for Serbia, Bosnia and Herzegovina and Albania on the buy-side of the acquisition, which was led by Clifford Chance Prague as the lead […]

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December, 2020

Rastko Petaković at DSI Fireside Chat

Karanovic & Partners at CEO Summit 2020

Karanovic & Partners took part at CEO Summit, one of the largest and most significant business conferences in the region. On the first day of the conference, our Senior Partner Rastko Petaković and CEO of Centili Zoran Vasiljev discussed the possibilities that domestic startups offer for the recovery of the entire Serbian economy. As Digital […]

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November, 2020

COVID-19 Slovenia Update

Sixth Anti-Corona Act – Measures for Employers

On 25 November 2020, the Slovenian National Assembly adopted the sixth Anti-Corona Act[1], which will enter into force the next day after its publication in the Official Gazette of the Republic of Slovenia. The measure of partial reimbursement of salary compensation for employers who order employees to wait for work at home due to the […]

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November, 2020

COVID-19 Slovenia Update

Impact of the Sixth Anti-Corona Act on Lease Agreements in Slovenia

On 25 November 2020, the National Assembly of the Republic of Slovenia adopted the Intervention Measures Act to Mitigate the Consequences of the Second Wave of the COVID-19 Epidemic (“Sixth Anti-Corona Act”), which shall enter into force the following day after being published in the Official Gazette of the Republic of Slovenia. Pursuant to Article […]

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November, 2020

HR DNA – Identity Crisis

Karanovic & Partners at HR Week 2020

Karanovic & Partners took part at HR Week 2020. Ivana Karanović, a Vice Chair of AmCham HR Forum, moderated a panel “HR World for Tomorrow: Leading the Changes”, while one of the panelists was also our head of Employment practice group Milena Jakšić Papac, joined by  other representatives of AmCham member companies Dragana Koruga Ristić […]

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November, 2020

Future is Now – Covid-19 Crisis Edition

Karanovic & Partners at the Future is Now 2020 Conference

Karanovic & Partners traditionally took part at the Future is Now conference for the third year in a row. Senior Partner Miloš Vučković hosted a “Future of Legal” fireplace chat on the first day of the conference, where he discussed technological innovation, development and transformation of the legal profession with his guest Srđan Dejanović from […]

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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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2021