CMS has advised Hansgrohe on its EUR 85 million investment in the development of a production facility in Valjevo, Serbia.
JPM Advises Smartsy on Financial Instrument Issuance
JPM Jankovic Popovic Mitic has advised Smartsy on its issuance of a financial instrument conveying the right to acquire shares in the company.
Legal Innovation in Continental Europe: A Sneak Peek into Lexpo 2023 with Andrea Miskolczi
As Lexpo – The Legal Innovation Event returns in 2023 after a three-year hiatus, showcasing the latest trends in legal innovation in Continental Europe, CEELM spoke with Dentons Europe Director of Innovation and Member of Lexpo's Advisory Board Andrea Miskolczi to gain an insight into the current state of technology and innovation in CEE, and what the event's attendees have to look forward to.
Work Ability Assessment – Competence and Procedure
According to the Labour Law (Off. Gazette of the RS no. 24/2005, 61/2005, 54/2009, 32/2013, 75/2014, 13/2017 – decision of the CC, 113/2017 and 95/2018 – authentic interpretation), an employee with health issues, established by the competent medical authority pursuant to the law, shall not be allowed to pursue work that could result in deterioration of their health or consequences dangerous for their environment (Article 81, paragraph 2).
Mediation’s Bright Future
Mediation as a way of resolving disputes between parties has existed for a long time now. However, not many have been willing to take part in the mediation process and use this way of resolving disputes, whose main purpose is to achieve a solution acceptable to both parties. It seems that long-lasting court proceedings and often expensive arbitration processes have shed light on a more amicable, faster, and more economical way of resolving disputes – mediation.
We Have Interviewed Chatgpt on its Liabilities for Damages, and Here is What it Said
With Chat GPT the world is witnessing the first visible mass use of artificial intelligence (AI) algorithms in complex intellectual works. Although AI is not any novelty in the world, it seems that in 2023 Chat GPT made a real breakthrough in the everyday use of AI assistance to humanity.
EU Adopts a New Directive to Fight Greenwashing!
On March 22, 2023, the European Commission adopted a proposal for a new directive to prevent businesses from misleading their customers about the environmental characteristics of their products and services.
Harrisons Advises EBRD on EUR 100 Million Loan to Banca Intesa Belgrade
Harrisons has advised the EBRD on its EUR 100 million on-lending loan to Banca Intesa Belgrade.
Serbia – Data Protection Strategy Proposal for 2023-2030
The Serbian Ministry of Justice released a Data Protection Strategy Proposal for 2023-2030 and invited stakeholders to participate in public discussion. The document sets an ambitious goal: harmonisation of data protection legislation with acquis communautaire resulting in obtaining EU decision on the adequate protection of personal data and resulting in a free flow of personal data with EU. We would be glad to participate in public discussion providing suggestions resulting from our long-term practice for the improvement of the proposal.
HD-Win Appoints Tijana Zunic Maric as Data Representative for Serbia
Croatia's HD-Win has appointed Zunic Law Firm Partner Tijana Zunic Maric as its data representative for Serbia.
The Path From Non-Financial to Sustainable Reporting
Until 2014, less than 10 percent of the largest companies in the European Union regularly disclosed non-financial information about their operations as part of reports that supplement annual financial consolidated reports. Although they were obliged to do so by the then-current Directive of the European Union, the requirements of the existing legislation proved to need to be more transparent and more effective.
MVJ Advises BIG-CEE on Acquisition and Development of BIG Pazova Shopping Center in Serbia
Markovic Vukotic Jovkovic has advised BIG-CEE on the land acquisition and development of its tenth shopping center in Serbia, the newly opened BIG Pazova.
Danilo Nikolic and Luka Nikolic Join Jankovic Popovic Mitic as Partners
White-Collar Crime Attorneys Danilo Nikolic and Luka Nikolic have joined Jankovic Popovic Mitic as Partners in the firm.
NKO Advises Dr. Max Group on Fourth Pharmacy Chain Acquisition in 2023
NKO Partners has advised the Dr. Max Group on its acquisition of the Vranje-based Nova Pharm pharmacy chain in Serbia.
Liberalization of the Labor Market and Conditions for Approving Residency of Foreigners in Serbia
The announced amendments to the Law on Foreigners and the Law on the Employment of Foreigners contain significant novelties. The most important changes relate to the simplified and digitized procedure for obtaining a residence and work permit for foreigners, new categories of foreigners who will be able to work and/or establish employment only based on residence permit, as well as the extended period of validity of permits.
Hello, ChatGPT!
The history of artificial intelligence can be traced back to the 1950s, when researchers and computer scientists first explored the possibility of creating machines which could accomplish tasks typically performed by humans. Since then, AI has undergone several significant phases of development, each of which has been marked by essential landmarks and milestones. In 1997, IBM’s Deep Blue computer famously defeated world chess champion Garry Kasparov. In recent years, AI has seen the development of deep learning and neural networks capable of processing large amounts of data and making complex predictions.
The High Price of Data Breaches: Counting the Real Costs
When calculating the cost of running a business, companies typically tend to analyze factors such as labor cost, operating expenses, marketing and advertising, inventory, insurance, and taxes. Only, what happens when unexpected costs occur, such as a security data breach exposing the customers’ personal data to unauthorized parties? And is it still reasonable to consider such costs as unexpected?
Termination of Employment During the Probation Period – Regulations and Case Law
Pursuant to the provisions of the Labor Law (Official Gazette of the Republic of Serbia no. 24/2005, 61/2005, 54/2009, 32/2013, 75/2014, 13/2017 – decision of the US, 113/2017 and 95/2018 – authentic interpretation) (“the Law”), by an employment contract the employer and the employee may establish the probation period for performance of one or more related jobs specified in that contract.