Newsroom

December, 2019

Fine Enforcement

Slovenian Competition Protection Agency seizes Agrokor’s shares in Mercator

In late 2019, the Slovenian Competition Protection Agency (the “Agency”) shocked the local business community by announcing that it has temporarily seized the Croatian conglomerate Agrokor’s shares in Slovenia’s largest retailer Mercator d.d., worth an estimated EUR 140 million, for the purpose of securing the enforcement of a previously-imposed fine. The fine of EUR 53.9 […]

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December, 2019

Major Acquisition

Karanović & Partners advises Playrix in Enharmonic Games acquisition

Karanović & Partners is pleased to announce it has provided all around legal support and advice to Playrix on its acquisition of Serbian company Enharmonic Games. Playrix is one of the world’s leading game design studios and this transaction represents a part of the company’s continuing business strategy to expand into new markets. Our team […]

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December, 2019

Next Step

FSMA Authorized EMMI for Provision and Administration of EONIA under EU BMR

The Belgian Financial Services and Markets Authority (FSMA) authorized the European Money Markets Institute on 11 November for the provision and administration of EONIA under Article 34 of the EU Benchmarks Regulation (EU BMR). “EMMI has provided the FSMA with comprehensive information attesting that all the necessary arrangements to meet the requirements in the EU […]

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December, 2019

Serbian Market Insight

The Buzz in Serbia: Interview with Petar Mitrovic

“There are no major movements between firms, or any new firms popping up. There have been some movements, some partners leaving their law offices and moving to the private sector, but nothing worth writing home about “, says Partner* Petar Mitrovic about the Serbian legal market. Mitrovic carries the tune when it comes to the […]

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December, 2019

Conclusions and Recommendations

Karanović & Partners at the Conference on Judiciary and Business

The Conference on Judiciary and Business was held on 10 December at the Crowne Plaza Hotel in Belgrade. The conference is the last in a series of topic-based expert discussions between representatives of the judiciary and the private sector. The event was organized by AmCham in cooperation with the Serbian Ministry of Justice and the […]

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December, 2019

Leaders are made, not born

Karanović & Partners at The Future is Now Conference

Future is Now Conference was held on 5 December at Hotel Moskva in Belgrade. The conference is dedicated to corporate innovation and the latest IT trends that contribute to business development. Managing Partner Rastko Petaković was the moderator of the CEO Panel, which included CEO of Mol Ante Aralica, Dejan Pešić, CEO of MediGroup, Nebojša […]

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December, 2019

Lucky Thirteen

Karanovic & Partners launch new Focus on Competition Annual Publication

Karanovic & Partners has launched the newest, 13th, edition of Focus on Competition publication during the Competition and Business Regulation Conference held at the Hilton Belgrade hotel on 4 December. This year’s edition features articles from some of the most prominent figures in the field of competition and we are grateful for their detailed insight. […]

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December, 2019

 

Karanović & Partners holds the Annual Competition and Business Regulation Conference

Karanović & Partners, together with the Friedrich Naumann Foundation for Freedom, held the annual Competition and Business Regulation Conference at the Hilton Belgrade hotel on 4 December 2019. This is the 14th year in a row that such a conference is organized. This year, more than 100 experts from the world of business and the […]

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December, 2019

High Level of Certainty in Serbia

Mergers and Merging on the Serbian B&F Market

This article was written by Senior Partner Darko Jovanović and originally published in Issue 6.9 of the CEE Legal Matters Magazine.                                                                                                                        BNP’s subsidiary Findomestic was only recently sold to local Direktna Banka – which also acquired Serbia’s NKBM subsidiary and the Greek Piraeus Bank. OTP acquired NBG Group’s Vojvodjanska Banka and the local champion […]

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December, 2019

New Promotions Announced

Karanović & Partners Promotes New Partner, Special Advisor and Senior Associate

Karanović & Partners is pleased to announce a new round of promotions. Our litigator Milica Savić has been promoted to Partner*, Sava Drača to Senior Associate*, while Sanja Spasenović will hold a position of Special Advisor*. These talented individuals have proven their expertise and established themselves as key members of our team. This promotion reflects […]

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November, 2019

Key Step towards EURIBOR's Continuity

EMMI Completes the phase-in of all Panel Banks to the EURIBOR Hybrid Methodology

The European Money Markets Institute (EMMI), the administrator of the EURIBOR benchmark, confirmed on 28 November that it has successfully completed the phase-in of all Panel Banks to the EURIBOR hybrid methodology. The phase-in occurred on a gradual basis, so as to minimize operational and technological risks for Panel Banks, EURIBOR users and the benchmark […]

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November, 2019

A Change in Leadership After Five Years

Serbian Competition Commission gets a new President and Council Members

On 14 November 2019, the National Assembly of the Republic of Serbia appointed the new President of the Competition Commission (the “Commission“) as well as three new members of the authority’s management council. Mr. Nebojša Perić, law graduate and a former director of a public utility company from Vršac was appointed as the new President, […]

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November, 2019

New acquisition

Karanović & Partners advises NIBE in TIKI Group Acquisition

NIBE Industrier AB has acquired TIKI Group, Gorenje’s Serbian operations and one of Europe’s largest manufacturers of water heaters. The transaction requires the customary approval of the competition authority concerned and subsequent to consolidation, expected from 1 January 2020, TIKI Group will become a part of the NIBE Climate Solutions business area. Karanović & Partners […]

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November, 2019

What You Need to Know and How to Prepare

Karanovic & Partners holds Reference Rates Reforms Briefing

Karanovic & Partners held a briefing dedicated to Reference Rates Reforms in Belgrade on 18 November. The event was spearheaded by Senior Partner Darko Jovanović and Partners* Maja Jovančević Šetka and Katarina Gudurić. The special guest was Michael Huertas, Partner and Co-Head of European Financial Institutions Regulatory Practice Group from Dentons, Frankfurt. The event was […]

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November, 2019

Brose begins construction in three months

Karanovic & Partners advises Brose in Landmark Deal

Brose, one of the largest family-owned suppliers in automotive industry, signed an agreement with the Republic of Serbia regarding the acquisition of the 23 hectare plot of land for the construction of a plant (together with research center) that will produce automotive equipment. The construction of the factory will begin in three months, while the […]

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November, 2019

Karanović & Partners Launches a New Publication

The fifth edition in the Focus On Energy series

On behalf of Karanovic & Partners’ Energy and Natural Resources Industry Group, it is our pleasure to present the fifth edition of the Focus on Energy publication. In this edition, we have tried not only to summarize the developments in the relevant energy sectors in the last two years, but also to discuss and analyse […]

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November, 2019

A milestone marked

ICC Construction disputes and arbitration in the SEE region conference

The ICC Construction disputes and arbitration in the SEE region conference was organized in Belgrade for the first time by the ICC International Court of Arbitration with the support of ICC Serbia and law firms Karanovic & Partners and Pinsent Masons. The event, spearheaded by Senior Partner Milan Lazić and Senior Associate* Milica Savić, was […]

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November, 2019

Sharing insight on Energy and Infrastructure Financing

Karanović & Partners at the Energy and Infrastructure Financing conference

UniCredit Bank organized a one-day event related to energy and infrastructure financing on 7 November. Partner* Petar Mitrović took part in a panel discussion covering the topic of challenges of energy and infrastructure financing in Serbia. Petar Mitrović talked about project implementation and lessons learnt mainly and perspective of Energy Law and decrees implementation and […]

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November, 2019

Construction Disputes

Karanović & Partners holds Contract Management Masterclass

Karanović & Partners held a Contract Management Masterclass dedicated to construction disputes under FIDIC in the SEE region on 7 November in partnership with Pinsent Masons and Thomas-Koziarski Consulting. The event was held at the Karanovic & Partners office premises, and was attended by representatives of renowned construction companies, as well as various professionals from […]

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November, 2019

Drinks reception in Lisbon

Karanović & Partners host a reception for Balkan participants of Web Summit

Karanović & Partners hosted a drinks reception for Balkan participants of the Web Summit in Lisbon on 5 November. Managing Partner Rastko Petaković was the host of the reception and around 100 people attended the event. Web Summit is one of the largest events that brings together key figures from the companies that are at […]

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2020