February, 2018

Karanovic & Partners Advised the Acquisition of a Global Animal and Crop Nutriti...

Serbia: Alltech Sells Factory to Lesaffre

Alltech – a leading global animal and crop nutrition company, sold its baking yeast factory in Senta to Lesaffre – a leading global baking yeast and fermented products company. The factory will continue to produce baker’s yeast and yeast extracts for the food and animal feed industries. The transaction is in line with Alltech’s focus […] Read more
February, 2018

Competition and Antitrust News: Serbia

Sportswear and Oil Retail under Scrutiny by the Serbian Competition Commission

The Serbian Competition Commission (the “Commission“) continues its diligent examination of the Serbian competitive landscape in specific industries, this time with inquiries in two more industries – sportswear (including footwear and sporting equipment) and oil (petroleum products). Once again, the aim behind the market test was to identify potential issues on the relevant markets and […] Read more
January, 2018

Real Estate News: Montenegro

Permit-free Regime for Construction in Montenegro

The new Construction Law entered into force in Montenegro and it is meant to unify construction, zoning regulations and deal with illegal objects. However, some provisions of the old Construction Law still remain in force, until the adoption of the General Regulation Plan. The new Construction Law completely changed the legal regime of construction in […] Read more
January, 2018

Karanović & Nikolić is in the finals for the fourth consecutive time to win th...

Karanović & Nikolić Shortlisted to Win Another Law Firm of the Year Award

After winning the Law Firm of the Year award in 2014 and 2017, Karanović & Nikolić is once again a finalist for this prestigious recognition. The awards, now in their ninth year, are organised by The Lawyer, a prestigious British weekly magazine for lawyers and in house counsel. According to the organisers, this year’s contest is […] Read more
January, 2018

Competition and Antitrust News: Serbia

Serbian Commission Fines another Bid Rigging Cartel

The Serbian Competition Commission (the “Commission“) recently fined four undertakings for bid rigging in the public procurement for the maintenance of train wagons. The contracting authority, the “Nikola Tesla” power plant, which represents the largest electricity-producing complex in Serbia, informed the Commission about possible collusion in public procurement for repair services for the train wagons […] Read more
January, 2018

Competition and Antitrust News: Serbia

Raspberries and IT: New Sector Inquiries by the Serbian Competition Commission

The Serbian Competition Commission (the “Commission“) recently finished sector inquiries concerning quite distinct industries – raspberries and the public procurement for software and hardware. The aim behind the inquiries was to perform extensive market research and analysis in order to acquire a clearer picture of the possible antitrust issues and risks in two sectors widely […] Read more
January, 2018

The Next Generation of Partners Announced

Karanović & Nikolić Promotes New Senior Partner and Six Partners

Karanović & Nikolić is pleased to welcome Marko Ketler as its new Senior Partner, as well as Ivan Nonković, Goran Radošević, Ivana Dišović, Katarina Gudurić, Jaka Simončič and Petar Mitrović who have been named Partner.* We are proud to announce the promotion of these attorneys at law cooperating with Karanović & Nikolić who have demonstrated […] Read more
December, 2017

Karanović & Nikolić Advises on the Sale of Tikkurila’s Balkan Subsidiaries

Tikkurila Sells its Subsidiaries for EUR 13 Million

Karanović & Nikolić, in cooperation with local lawyers, advised Tikkurila Oyj, the Finnish paints and coatings maker, on the sale of the entire share capital of its subsidiaries in Serbia and Macedonia to the local management. According to the signed sales agreement, the transaction – subject to the fulfilment of agreed conditions, will be closed in the […] Read more
December, 2017

Karanović & Nikolić Advised Societe Generale Srbija

Societe Generale Acquires Jubanka’s Credit Portfolio

Karanović & Nikolić advised on Societe Generale Srbija’s acquisition of a part of Jubanka’s credit portfolio – which included housing and cash credits, credit cards, as well as credits for small and medium-sized enterprises. Societe Generale Srbija is now the third largest bank in Serbia in terms of credit volume. The Karanović & Nikolić team […] Read more
December, 2017

Karanović & Nikolić At The Competition Law In The Energy Sectors Conference

SEEPEX – Serbian Experience

Miloš Vučković, Senior Partner at Karanović & Nikolić, held a presentation on the 4th of December at the Competition Law in the Energy Sectors conference in Vienna. The event was organized by the Energy Community and it featured representatives from various European countries, as well as legal experts and professionals from the energy sector. The main […] Read more
December, 2017

Karanović & Nikolić Advised OTP Bank

OTP Bank Buys Vojvođanska Banka

Hungary’s OTP Bank bought Vojvođanska Banka, as well as NGB Leasing and the National Bank of Greece’s corporate loan portfolio in Serbia. This is one of the biggest recent banking transactions in the region and it was closed on Friday, the 1st of December in Belgrade. Karanović & Nikolić, in cooperation with the global law firm Weil, Gotshal […] Read more
November, 2017

Karanović & Nikolić Hosts The 12th Traditional Conference On Competition Law

Competition and Competitiveness Conference Held in Belgrade

Karanović & Nikolić, together with the Friedrich Naumann Foundation for Freedom, hosted the Competition and Competitiveness conference on the 28th of November, 2017, at the Metropol Palace hotel, Belgrade. The conference represents a traditional yearly gathering of experts from the business and legal community, as well as key regulators and stakeholders, to discuss the most important issues and practical […] Read more
October, 2017

The Agreement on the Financing of the Largest Windfarm in The Western Balkans Si...

Karanović & Nikolić Advised IFC and EBRD

Karanović & Nikolić advised the IFC, a member of the World Bank Group, and the European Bank for Reconstruction and Development (EBRD) on the EUR 215 million financing of Čibuk 1, developed by Vetroelektrane Balkana. The facility agreement was signed in Belgrade, on the 16th of October, 2017. The Karanović & Nikolić legal team – led by Maja […] Read more
October, 2017

Karanović & Nikolić Advised Central Asia Metals

Central Asia Metals Acquires Lynx Resources And SASA Mine

Macedonian lawyers cooperating with Karanović & Nikolić advised Central Asia Metals (CAML) in the acquisition of Lynx Resources, which operates the SASA zinc-lead mine in Macedonia. UK-based CAML agreed to purchase a 100% interest in Lynx Resources from Orion Co-investments III and Fusion Capital for EUR 340 million, making it the new owner of one […] Read more
October, 2017

Karanović & Nikolić Launches The Academy

The Academy – Internal Training and Development Programme

With people development being our strategic priority, it is our pleasure to announce that Karanović & Nikolić launched The Academy – a comprehensive educational programme meant for the internal training and development of both legal and non-legal professionals. With some of the most experienced and talented lawyers, HR and soft skills experts in the region […] Read more
October, 2017

Karanović & Nikolić Advises On AmSpec’s Acquisition Of Agri Services

AmSpec’s Continues Expansion into the Agri-Market

Karanović & Nikolić advised AmSpec on the acquisition of Agri Services doo – an inspection and testing company serving the Agricultural and Petroleum market in the Danube region from their locations in Serbia and Hungary. The acquisition of Agri Services shows AmSpec’s continued expansion into the Agri-market and is yet another strategic step for the […] Read more
October, 2017

Karanović & Nikolić Advises the City of Belgrade and IFC

Signing The Landmark PPP For The Vinča Waste Treatment Project

Karanović & Nikolić advised in the signing of the biggest PPP project in Serbia for the landfill remediation and development of the waste treatment facility in Belgrade, Vinča. The Belgrade Secretariat for Environmental Protection, the company “Beočista Energija” and the French–Japanese consortium, SUEZ Groupе – I-Environment Investments limited, signed a public-private partnership for the financing, construction, operation […] Read more
September, 2017

Karanović & Nikolić Chosen as the Number One Legal Service provider in Serbia ...

Karanović & Nikolić Wins The 2017 Euromoney Real Estate Survey

Karanović & Nikolić wins the 13th annual Euromoney Real Estate Survey in the Advisors and Consultants category. Among 2462 valid responses that were submitted this year, Karanović & Nikolić was chosen as the Number One Legal Service provider in Serbia in the Real Estate industry. The renowned Euromoney magazine was created in 1969, originally to cover the re-emergence […] Read more
September, 2017

Karanović & Nikolić Advises On The Financing Of Malibunar Wind Park

Elicio Finances Malibunar Wind Park in the Ammount of 9.8 Million EUR

Karanović & Nikolić advised the Belgian renewable energy group, Elicio NV, on the 9.8 million euro financing of the Malibunar wind park. UniCredit Bank Serbia​ and Electrawinds Mali WF d.o.o, a Serbian subsidiary 100% owned by Elicio, signed a long-term financing agreement for the development, construction and operation of the wind park located in South Banat. UniCredit Bank […] Read more
September, 2017

Karanović & Nikolić Announces New Partner

Alexander Poels Joins As Partner And Director Of International Relations

​​We are pleased to announce that Alexander Poels joined Karanović & Nikolić as Partner and Director of International Relations. With 13 years of international professional experience as a corporate/M&A legal advisor and executive director in a large regional Central and Eastern European law firm, Alexander will be a welcome addition to the team. His role will […] Read more