Newsroom

September, 2019

CEE Legal Matters Article by Goran Radošević and Milica Filipović

The New Law on Healthcare Protection in Serbia

At the beginning of April 2019, the Serbian Parliament adopted the new Law on Healthcare Protection (the “Law”), with the aim of improving the legal framework and facilitate better functioning of the healthcare system in Serbia, aligning it more closely to EU standards in this field. This new piece of legislation introduces significant novelties to […]

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September, 2019

Karanovic & Partners enters Albanian market

Karanovic & Partners Established Cooperation with CR Partners

Karanovic & Partners is pleased to announce the establishment of cooperation with CR partners, a full-service independent law firm in Albania. CR partners is an experienced law firm from Albania, positioned as a market leader for cross-border transactions, international projects, legislation drafting, PPP projects, etc. The firm is consistently recognised as a local market leader […]

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September, 2019

Who’s Who Legal Names Karanovic & Partners Two Years in a Row

The Leading Competition Lawyers in Serbia

The Karanovic & Partners competition team is once again named as the leading competition lawyers in Serbia in the 2019 edition of Who’s Who Legal: Competition. For two years in a row, our Senior Partner Rastko Petaković, Partner* Bojan Vučković and Senior Associate* Bojana Miljanović were listed among other world’s best competition lawyers. WWL: Competition […]

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August, 2019

Legislation Update: Serbia

Public Consultations on the Draft of the New Serbian State Aid Law in the Final Phase

On 19th August 2019, the Commission for State Aid Control of the Republic of Serbia (“CSAC”), assisted by the National Alliance for Local Economic Development (NALED), organized the third round of public discussions concerning the draft of the new State Aid Law (the “Law”) in Serbia. The preparation of the draft Law came as a […]

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August, 2019

Karanovic & Partners Advised on Another Capital Transaction in Serbia

Knjaz Miloš Sold to KMV and PepsiCo

One of the largest deals of 2019 is officially completed – Mid Europa Partners, the leading private equity investor in Central and Eastern Europe, sold its shares in Knjaz Miloš to a joint venture between Karlovarské Minerální Vody (KMV) and PepsiCo, Inc. (PepsiCo). Karanović & Partners acted as local counsel for Mid Europa Partners in […]

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August, 2019

The Recognition of Importance of Arbitration and Mediation in Business

Serbia Signs the Singapore Convention

On 7 August 2019, Serbia became one of the first 50 countries in the world to sign the United Nations Convention on International Settlement Agreements Resulting from Mediation – dubbed the Singapore convention. Much like the New York Convention on Convention on the Recognition and Enforcement of Foreign Arbitral Awards, the Singapore Convention aims to […]

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August, 2019

Serbia Attracts the Most Greenfield Investments in 2019

Serbia Tops Global Greenfield FDI Performance Index

Serbia achieved the top spot at the Greenfield FDI Performance Index[1] for 2019 – fDi Intelligence, a Financial Times data division, placed Serbia as a number one in its annual Greenfield FDI Performance Index study. The Study, which looks at inbound greenfield investment in 2018 relative to the size of each country’s economy, assigned the […]

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August, 2019

Legislation Update: Serbia

Serbian Law on Enforcement and Security Amended Again

Latest amendments to the Law on Enforcement and Security were published on 26 July 2019 in the Official Gazette RS no 54/19.  The Law entered into force on 3 August 2019, however its application is postponed until 1 January 2020, save for article 166 that is being applied immediately (most notably transferring all pending enforcement […]

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August, 2019

The Ministry of Economy of Montenegro Published the Public Invitation

Tender for Brajići Wind Power Plant Published

The Ministry of Economy of Montenegro published the public invitation for awarding the long-term lease of the state-owned land on the Brajići location, on the territories of Budva and Bar (the Invitation), for the purposes of design, construction, use and maintenance of the wind power plant of the minimal installed capacity of 70 MW (the […]

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July, 2019

Legislation Update: Serbia

New Trade Regulations in Serbia: Paving the way to the digital market?

On 22 July 2019, Serbia enacted a new Law on Trade, as well as some important amendments to the Law on E-Commerce. The new trade regulations in Serbia are an attempt to keep pace with European legislation and the comparative practices of other countries, with the applicability of some provisions postponed until the country officially […]

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July, 2019

Karanovic & Partners advises Abris

Abris Capital Partners acquires Global Technical Group

The private equity fund Abris Capital Partners has taken over a majority stake in Global Technical Group, the largest provider of end-to-end solutions for building management and integrating technical and security solutions in Romania. Karanovic & Partners, along with Clifford & Chance, advised Abris in this transaction – which is currently conditional upon securing clearance […]

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July, 2019

 

Facilitated Employment of Serbian Citizens in Slovenia

On 28 May 2008, the National Assembly of the Republic of Slovenia adopted the Act ratifying the Agreement between the Government of the Republic of Slovenia and the Government of the Republic of Serbia on the Employment of Citizens of the Republic of Serbia. The Protocol on the Implementation of the Agreement between the Government […]

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July, 2019

Karanović & Partners traditionally supports ELSA Summer School

“Business and Law” for the second time in Belgrade

Karanovic & Partners traditionally hosted the second edition of ELSA Summer School of Business Law. Organized by the European Law Students Association – ELSA, the programme took place from 30 June to 8 July in Belgrade and gathered around 50 participants from all over Europe. Karanović & Partners held a series of 4 presentations in […]

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July, 2019

North Macedonia

New Law on the Amendments to the Law on Financial Discipline

The new Law amending the Law on Financial Discipline (“Amendments”) was adopted on 11 June 2019. These amendments further harmonize the Law on Financial Discipline (“Law”) with the legislation of the European Union, in particular the Directive 2011/7/EU of the European Parliament and of the Council on Combating Late Payment in Commercial Transactions (“Directive”). Further […]

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July, 2019

Legislation update: Serbia

E-mail addresses have to be registered

Existing companies in Serbia are obliged to register their contact e-mail addresses with the Serbian Business Registers Agency by 1 October 2019, in accordance with last year’s amendments of the Company Law. Further, all newly incorporated companies are obliged to register their e-mail address at the moment of incorporation. The registered e-mail address is used […]

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July, 2019

CEE Legal Matters Article by Petar Mitrović

Support Scheme for Renewables in Serbia: A New Chapter

At the end of 2018, the Government of the Republic of Serbia extended the validity of the Decree on Incentive Measures for the Production of Electric Energy from Renewable Energy Sources and High-efficiency Cogeneration of Electric Energy and Thermal Energy (the “FIT Decree”) until the end of 2019. The FIT Decree was initially valid until […]

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June, 2019

Slovenia

IONITY Opens First HPC Stations for Electric Cars

IONITY a joint venture of BMW Group, Daimler AG, Ford Motor Company, and Volkswagen Group with Audi and Porsche with headquarters in Munich, Germany, now officially opened its first 350 kW charging stations in Slovenia. These are the first HPC chargers offerring the latest global technology for charging electric cars and are located at the […]

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June, 2019

Coca-Cola HBC acquires Serbian biscuit and confectionary maker

Transaction complete: Mid Europa Partners sells Bambi

The leading private equity investor in Central and Eastern Europe Mid Europa Partners sold Bambi, the leading Serbian biscuit and confectionary maker, to Coca-Cola HBC. The sale was completed on 18 June, and Bambi, one of the most recognisable brands in Serbia, will continue its development under Coca-Cola HBC. The Karanovic & Partners legal team, […]

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June, 2019

CEELM Interview with Marko Ketler

The Buzz in Slovenia

This article was originally published by CEE Legal Matters Magazine.   “It has been busy in the business arena,” says Marko Ketler, Senior Partner and Attorney at Law in cooperation with Karanovic & Partners, citing ongoing consolidation in banking sector with the potential sale of Abanka, the third largest bank in Slovenia, and recent major […]

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June, 2019

Karanovic & Partners provides full support in greenfield investment

ZF opens Factory in Pančevo

A leader on the car industry market, the German company ZF opens its factory in Pančevo within the first phase of the EUR 160 million investment. The factory will start producing machines, generators for hybrid and electric drives, gearshift switches and microswitches in the first half of June. The Karanovic & Partners team, led by […]

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2020