Belgrade's Subotic & Jevtic law firm has advised Lukoil Srbija a.d. on a capital increase amounting to approximately EUR 62 million.

BDK Advokati has advised Dnata, a global corporation based in the United Arab Emirates, on the acquisition of all the shares in Serbian EAP Shared Services d.o.o. from Etihad Airport Services LLC. Samardzic, Oreski & Grbovic advised Etihad Airport Services on the deal.

Karanovic & Partners has supported Epic Games in its acquisition of 3Lateral, a developer of digital humans technology and creative content. Osborne Clarke advised 3Lateral on the matter. No other details were released.

Jovana Tomic, Partner and Head of Employment at Zivkovic Samardzic, will leave the firm on January 31, 2019 to start her own full-service law firm: CT Legal. 

The NPL market in Serbia traditionally knows of only two concerns, embodied in the numbers 48 and 204. Although you would assume that numerology had something to do with this assertion, the backstory is actually a lot more appealing.

"Two major things are happening right now which are the focus of our practice: The Tech Industry and Chinese Investors,” says Ivan Nonkovic, Partner and independent attorney at law in cooperation with Karanovic & Partners in Belgrade. "Both things are happening all over the region,” he concedes, ”so not exclusively in Serbia, but they’re definitely significant here too."

Ana Popovic and Kruna Savovic have been promoted to partner at Zivkovic Samardzic in Serbia.

As of 1 January 2019, the National Bank of Serbia (“NBS”) took over the competencies of the Ministry of Finance and its department Tax Administration for issuance and revocation of licences to perform exchange operations. The NBS also took over the supervision of foreign exchange operations of Serbian residents and non-residents, being natural persons, entrepreneurs and general legal entities. The NBS adopted several decisions in order to execute the delegated competencies:

BDK Advokati has advised Montenegro's Industriaimport-Industriaimpex AD on its acquisition of 49% of the registered capital of Serbian pharmaceutical wholesaler Farmalogist d.o.o. from private equity firm Adriatic Fund B.V., and in connection with the Shareholders’ Agreement entered into with the owners of the remaining 51% of the shares. HRLE advised Adriatic, while Bojanovic & Partners advised the owners of 51% of the shares in Farmalogist.

Bojovic Draskovic Popovic & Partners is advising the Poseidon Group on the spring 2019 extension of its Capitol Park brand of retail parks to the eastern Serbia city of Zajecar.

BDK Advokati, working with international legal counsel Allen & Overy, has announced that it acted as Serbian legal counsel to the lenders providing over EUR 400 million loan commitments for Vinci's concession agreement to take over the management of Belgrade's Nikola Tesla Airport, which closed on December 21, 2018.

CMS has advised OTP Bank Group on the acquisition of Societe Generale Banka Srbija, Serbiaʼs fourth-biggest lender, from Franceʼs Societe Generale Group Group. Schoenherr, working with lead counsel Jones Day, advised Societe Generale on the deal, which is expected to close in the coming months.

Go2Law has advised Kopernikus Corporation, owned by Srdjan Milovanovic, on its acquisition of TV Prva and TV O2  in Serbia and Montenegro from the Antenna Group. Zivkovic Samardzic, working with EY and Clifford Chance, advised Antenna Group on the sale.

Arcliffe has assisted Yazaki on corporate and labor-related matters related to the company's activity in Czech Republic, Slovakia, Serbia, Romania, Bulgaria, Slovenia, and Croatia. ODI Law supported Arcliffe in the Adria region countries.

Zivkovic Samardzic has advised Livnica a.d. Kikinda, the Serbian subsidiary of Cimos and a member of the TCH Group, on its delisting from the Belgrade Stock Exchange.

MMD has been appointed Legal Counsel to the French embassy in Serbia by Frederic Mondoloni, the Ambassador of France in Serbia.

On 26 October 2018 the Law on the Amendments and Supplements to the Air Transport Law ("Official Gazette of the Republic of Serbia", no. 83/2018) (hereinafter: the "Law") was adopted and entered into force on 6 November 2018.

Milena Jaksic Papac has become a Partner at Karanovic & Partners in Belgrade.