The Law on Consumer Protection (Official Gazette of RS no. 62/2014, 6/2016 – other law and 44/2018 – other law; “LCP 2014“) prescribes seller’s liability for non-conformity of goods that occurs within a period of two years after the transfer of risk to the consumer.

According to the newly adopted package of COVID-19 economic measures, financial aid will be provided to Serbian companies registered between 15 March 2020 and 20 July 2020, which were not able to apply for fiscal benefits from April this year. The measure is introduced by Conclusion of Serbian government 05 No. 401-6052/2020 (“Conclusion”). These companies may receive direct aid in one tranche in September, in the amount of 120% of the minimum wage for March (approx. EUR 300) for each employee. These funds can be used until 31 October 2020, and only for the purpose of employees’ salaries.

On 17 August 2020, the National Bank of Serbia (“NBS”) adopted the Decision on temporary measures for banks to facilitate access to financing for natural persons (“Decision”), which was published in the Official Gazette of RS no. 108 on 20 August 2020 and which will enter into force on 28 August 2020.

As Europe begins a tentative re-opening following several difficult months of quarantining, social distancing, and working-from-home, we spoke to CMS’s Warsaw-based Employment Partner Katarzyna Dulewicz and Vienna-based Dispute Resolution Partner Daniela Karollus-Bruner for their perspective on the process.

Reducing greenhouse gas emissions (GHG) from the energy sector is critical to mitigating climate change. Studies have shown that the electricity sector will play a key role in this mission, primarily through decarbonizing electricity production, which is heavily dependent on the massive deployment of renewable energy.

Construction workers have been for decades sent by their Serbian employers to carry out construction works or related services in Germany, on a temporary basis, as intra-group postings or through contracts of works/services.

Mikijelj, Jankovic & Bogdanovic has successfully represented the interests of Serbian TV hosts Zoran Kesic and Ivan Ivanovic before the Press Council of Serbia regarding an alleged violation of the Code of Ethics of Serbian Journalists by daily newspaper Telegraf and the news portal republika.rs. 

BDK Advokati has advised the EBRD and the Enterprise Expansion Fund on a EUR 12 million secured credit facility loan to High Tech Engineering Center, a software developer and technology research and development service provider in Serbia.

The National Bank of Serbia (“NBS”) announced that it adopted the decision concerning temporary measures for Serbian banks (the “Decision”) on 17 August 2020. The Decision is aimed at facilitating an easier access to financial sources for purchasing residential real estate in Serbia by its citizens.

Karanovic & Partners has provided its analysis of the Serbian railway freight transport market to the World Bank Group and the Serbian Competition Commission. The firm's analysis — conducted in partnership with the Compass Lexecon consulting company — was provided as part of the Program for Improving the Business Environment in Serbia.

Rymarz Zdort and Prica & Partners have advised Innova Capital on the sale of 100% of the shares of subsidiary Trimo d.o.o. to Kingspan Group plc. Jadek & Pensa reportedly also advised Innova Capital on the deal, which remains subject to regulatory approvals and is expected to be completed in the fourth quarter of 2020.

NKO Partners has advised BizLink Holding on what the firm calls a "complex intercompany restructuring" that resulted in the company becoming the sole shareholders of its subsidiary, BizLink Serbia.

Vulic Law has reached an agreement to become the Serbian provider of legal services to members of the World Bank.

Former Prica & Partners lawyers Aleksandar Mancev and Associate Aleksandar Andrejic have joined Vulic Law in Belgrade as Of Counsels.

Jankovic Popovic Mitic has helped sporting good retailer Intersport S Trgovina doo comply with the Serbian Data Protection Act.

CMS has advised the EBRD and Raiffeisen Bank Serbia on a EUR 30 million financing extended to CTP Property companies in Serbia for the purpose of refinancing of the existing financial indebtedness and for the development, construction, and operation of light manufacturing and warehouse facilities.

All citizens of a legal and democratically governed state should have the opportunity to enjoy free education, health, police and judicial protection, clean streets and much more that is perceived as "free of charge". However, in order for such a social system to function properly and efficiently, one of the basic constitutional principles of public finances must be realized, and that is to properly honour and respect the obligation to pay taxes.

Privacy Shield is a legal mechanism that has been used since 2016 as a basis for data transfer from the EU to the US. Controllers subject to the Serbian Law on Personal Data Protection (“LPDP”) could also use the benefits of this arrangement given the relevant provisions of the LPDP and special decisions of the Government of the Republic of Serbia.