Zivkovic Samardzic has advised Belgrade Nikola Tesla Airport on its third issuance of shares and share capital increase in less than five months.

The Rulebook on Registers governing by Serbian Chambers of Commerce (the Rulebook) has been adopted. In accordance with the Serbian Medical Devices Act, three new registers will be established:

On 28th June 2018 National Assembly of Republic of Serbia rendered Law on simplified work engagement on seasonal jobs in certain activities, which will be applicable starting from 8th January 2019. The Law aimed to establish easier system of engagement of seasonal workers through e-portal managed by tax administration, which shall simplify the procedure of registration and deregistration of seasonal workers. In addition, Law is striving to improve position of seasonal workers especially in regard of contributions for mandatory social insurance.

The amendments to the Law on financial support of families with children have been adopted in December 2017, while they are applied staring from 1st July 2018. In addition, separate Rulebook stipulating the conditions and manner of exercising the right on financial support to families with children was rendered.

AP Legal Belgrade and CMS Bucharest have advised the lenders of Victoria Group a.d. Beograd and its subsidiaries on the sale of its loan receivables to MK Group d.o.o. Belgrade. Jankovic, Popovic, Mitic advised the Victoria Group.

Starting from 7th July 2018 amended Law on amicable resolution of labour disputes is in force. Main reason for amendments is to introduce possibility of concluding agreements in individual disputes, extending deadlines and supervising results of amicable resolution of disputes through statistics.

On 28th June 2018 National Assembly of Republic of Serbia rendered Law on amendments of Law on the conditions for assigning employees to temporary work abroad and their protection, which amendments came into force on 7th July 2018. Purpose of the amendments is to reduce bureaucratic procedure that employers must undergo during the process of assigning employees to work abroad. In that way, the whole process shall be easier and shorter, and performing business more effective, deprived of unnecessary and delaying steps.

The Serbian Government has adopted the Bill on Lobbying (the Bill) and submitted it to the Serbian Parliament. The Bill is expected to be in the parliamentary debate in the Parliament’s Fall Session.

Belgrade's Bojovic & Partners has rebranded as Bojovic Draskovic Popovic & Partners, with Partners Vuk Draskovic and Uros Popovic joining Marija Bojovic on the firm letterhead.

October 30, 2018, Hyatt Regency Hotel, Belgrade

We are excited to announce that registration for the 2018 Balkan General Counsel Summit is now open. The event will take place in Belgrade’s Hyatt Regency Hotel on October 30, 2018.

National Assembly of Republic of Serbia rendered amendments of several labour-related laws and adopted a new regulating seasonal work. We would hereby like to introduce you to the respective changes that have an impact on rights and obligations of both engaged personnel and employers.

Karanovic & Partners, Pekin & Bayar, and Sweden's Delphi law firm have advised NIBE Industrier AB on its acquisition of 51% of the EMIN Group. Goktas Attorneys advised Emin Group on the sale. The purchase price was not disclosed.

Karanovic & Partners has advised Zijin Mining on its successful participation in a privatization procedure that resulted in the company becoming a strategic partner in Serbia's sole copper complex, RTB Bor. As a result, Zijin Mining pledged to invest USD 1.46 billion in return for a 63% stake.

Miljan Malovic is the Head of the Business Legal Advisory Office of Banca Intesa Belgrade. He graduated from the Faculty of Law at the University of Belgrade in 2001, and joined Banca Intesa in 2006.

The Serbian Ministry of Construction, Transportation and Infrastructure has initiated the process of amending the country’s Planning and Construction Act, with the aim of boosting the construction industry and making the legal environment in the sector more predictable, reliable, and investor-friendly. The Serbian construction law has been revolutionized the last few years, with the introduction of e-permits and the unclogging of many sclerotic procedural labyrinths, so the readiness of the Serbian government to continue with the reforms and modernization is generating new excitement in the construction sector.

Commercial Court of Appeals has finally aligned its court practice related to change of the litigant in the procedure in case of assignment of the claim, with the regional court practice, thus making the NPL market in Serbia more attractive.

Kinstellar has advised the CTP Group on its acquisition of a 10,000 square meter logistics centre near Belgrade from Montenegro-based Industriaimport-Industriaimpex AD Podgorica.

Jankovic Popovic Mitic has advised VTB Bank on the sale of 100% of its stake in VTB Banka a.d. Beograd to AZRS Invest doo Beograd.