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Zivkovic Samardzic Advises B92 on Transformation from JSC into LLC

Zivkovic Samardzic Advises B92 on Transformation from JSC into LLC

Serbia
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Zivkovic Samardzic has advised Serbia’s national commercial broadcaster B92, a subsidiary of the Kopernikus Corporation, on its transformation from a joint-stock company into a limited liability company.

B92 was established in 1989 and has since expanded, now providing a national radio station, television network, and websites. According to Zivkovic Samardzic, "B92 and its journalists have won numerous prestigious international awards for journalistic courage and advocacy of human rights."

According to Zivkovic Samardzic, “the transformation marks the completion of the takeover process, with the company Astonko as the only remaining shareholder, and introduces a simpler governance system without the Management Board. The simplified governance will allow more efficient management and decision-making within B92, thus enabling it to respond promptly to the challenges and changes in the harsh business environment.”

Zivkovic Samardzic’s team was led by Partner Igor Zivkovski.