JPM Jankovic, Popovic, Mitic, working with Rojs, Peljhan, Prelesnik & Partners and Prebanic & Jusufbasic-Goloman, has advised DuluxGroup on its EUR 194.5 million acquisition of Jub. Jadek & Pensa advised the shareholders of Jub on the deal. Kinstellar and Bogdanovic, Dolicki & Partners have, reportedly, also advised the buyer.

Jankovic Popovic Mitic has successfully represented Worldfin before the Court of Appeal in Belgrade in a corruption charges case related to the privatization of Luka Beograd.

 In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With summer having just passed, the question this time: What is your one favorite yearly activity to disconnect?

The amendments to the Serbian Energy Law, enacted in late April 2021, prescribed the obligation for transmission system operators in the electricity and natural gas sector to implement the EU electricity and natural gas network codes.

The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (IF) has agreed on 8 October 2021 a two-pillar solution to address the tax challenges arising from the digitalisation of the economy. The Republic of Serbia is one of 136 jurisdictions that have agreed to the solution.

Jankovic Popovic Mitic has successfully represented Lithuanian company Alita before the Supreme Court of Cassation of Serbia in a dispute with the Serbian Privatization Agency over a terminated privatization contract.

How certain is the development of the ever-increasing use and application of electronic documents, especially in terms of legalization of documents for international legal transactions?

The Commission for Protection of Competition initiated ex officio antitrust proceedings against Atlantic Group, Atlantic Brands and Strauss Adriatic and conducted dawn raids, in order to investigate potential existence of restrictive agreements.

Former Senior Associate Aleksandar Popovic has been promoted to Partner with JPM Jankovic Popovic Mitic and will head the firm's newly established Creative Industries practice area.

The National Assembly of the Republic of Serbia adopted a new Law on Consumer Protection (“Law”) on 09 September 2021. The main reason for adopting the amendments to the current law lies in providing a higher level of consumer protection and trying to apply it more actively, in relation to the Law from 2014 and its subsequent amendments from 2016 and 2018. The most prominent novelty concerns direct marketing by telephone, ie the introduction of the “do not call” register. The “do not call” register is a list of landline and mobile telephone numbers of consumers who do not want to receive calls and / or messages as part of the promotion, marketing and / or sale by telephone.

The Ministry of Agriculture, Forestry, and Water Management of the Republic of Serbia introduced the newest amendments of the Rulebook on Conditions and Procedure for Public Bidding for Lease/Use of State Owned Agricultural Land, which came into force on 24 June 2021.

BDK Advokati, working with Sidley Austin, has advised Archer Daniels Midland on the acquisition of Sojaprotein from MK Group, Apsara Limited, Mr. Milija Babovic, and Sliderule Trading Limited. Holman Fenwick Willan advised the sellers on the deal, with Jankovic Popovic Mitic advising Sliderule and Markovic Vukotic Jovkovic advising MK Group, Apsara Limited, and Milija Babovic.

When advising organisations how to comply their businesses with GDPR, i.e., with the Serbian Law on Personal Data Protection, many times we received answers that organisations apply “best information security practices”. What does this formulation mean?

In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. The question this time: “What did you most want to be when you were little?”

Serbia's JPM Jankovic Popovic Mitic has entered into a special partnership with the Vukmirovic Misic law firm in Montenegro.

On 30 March 2021, Government of the Republic of Serbia, submitted set of energy laws to the National Assembly for adoption, on the basis of which proposals of laws in various energy areas are rendered on 20 April 2021. One of these laws is completely new -  Law on Utilization of Renewable Energy Sources (hereinafter referred to as: “Law on RES”).

The new Law on Archival Material and Archival Activities (“Official Gazette of the Republic of Serbia”, No. 6/2020), in application as of 2 February 2021, does not stipulate the reporting requirement of the Archive Book for the first time (the same obligation existed in previous law), however it does regulate in more detailed manner the system of protection of archival material and documentary material, conditions, their use, organization and impose additional obligations and conditions for obligors.

Are you interested in investing and doing business in Serbia? A couple of taxation related facts good to have in mind.