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“Coal still matters” has been the predominant energy policy in Bosnia and Herzegovina over the past decades. It sounds very old-fashioned these days in Europe, but lignite (brown coal) is the most important energy resource in the country. The fact that almost 60% of the electricity generated in the country originates from coal-fired thermal power plants leads to the conclusion that Bosnia and Herzegovina heavily relies on coal.

A lull in the markets and legislative activity, due to political and global concerns, is offset by high foreign finance confidence and high foreign investor interest in Bosnia and Herzegovina, with client-driven ESG projects a particularly bright spot, according to Attorney-at-Law Andrea Zubovic-Devedzic, a Partner of CMS Reich-Rohrwig Hainz.

Feeling the repercussions of global economic issues, Bosnia & Herzegovina finds itself in a more or less usual position in unusual times – with an upcoming general election this fall and swaths of legislative developments seeking to reshuffle the landscape in which lawyers operate, according to Dimitrijevic & Partners Partner Stevan Dimitrijevic.

Corporate restructuring and transformations, such as status changes, are part of the business cycle of companies and represent their natural way of growing, adapting to changes in the market and exploring new business opportunities.

CEE Legal Matters readers will likely be familiar with Patricia Gannon as one of the founders of Karanovic & Partners. Since her withdrawal from the firm (reported by CEE Legal Matters on September 21, 2020), Gannon ran her own "holistic strategic advisory business" (as reported on October 12, 2020) and, recently, she announced she is working on a new social media app for lawyers – Platforum 9. We caught up with her to learn more about her new project.

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