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Foreign direct investment in North Macedonia has surged in recent years, with 2024 marking a particularly strong period for inflows, despite global uncertainties such as supply-chain disruptions and regional economic slowdowns, according to Law Office Lazarov Managing Partner Dragan Lazarov and Cakmakova Advocates Junior Partner Vladimir Bocevski.

The energy sector powers everything around us. Today's civilization consumes more energy in a single second than some ancient civilizations used over centuries.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we asked: For 2025, what is the one sector or industry in the country that shows the most promise for growth, and why?

An in-depth look at Dragan Lazarov of Law Office Lazarov covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office.

On November 14, 2024, banking and finance experts from Albania, Austria, Bosnia and Herzegovina, Bulgaria, North Macedonia, and Poland sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss digitalization and the impact of tech on the banking sector in CEE.

The spring of 2024 marked a pivotal shift in the Macedonian financial market, with significant reforms on the horizon. As of March 2024, the related legislative framework has come under intense scrutiny, aiming to align more closely with European directives and capital market regulations. This effort has culminated in the adoption of the new Law on Financial Instruments (LFI) and the Law on Prospectus and Transparency Obligations of Securities Issuers (LPTOSI). The primary objective of these reforms is to enhance market efficiency and strengthen the stability of the financial system.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

Recent months in North Macedonia have brought notable proposals and draft laws for legislative changes and have seen thriving energy and financial sectors – but also a concerning lack of progress on the rule of law, impacting businesses and investment – according to Law Office Lazarov Managing Partner Dragan Lazarov.

Adria Legal Group at a Glance

Adria Legal Group is an integrated regional alliance and network of 7 independent law firms – from Bosnia & Herzegovina, Croatia, Kosovo, Macedonia, Montenegro, Serbia, and Slovenia – which distinguish themselves by extensive knowledge of local and regional legal frameworks, markets, politics, and culture, as well as years of considerable cross-border experience in providing legal services in various jurisdictions and industry sectors, to both regional and international clients.

Find out more on our website.