CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Between upcoming elections and the situation in Kosovo, Serbia has plenty of reasons to expect a slowdown in the upcoming period, even if current activity levels remain, at times, surprisingly high according to JPM Partners Senior Partner Nenad Popovic.
The Serbian National Assembly has adopted amendments to the Law on Personal Income (PIT Law) and the Law on Mandatory Social Contributions (SSC Law) extending the deadlines for payroll incentives.
Polo shirts are probably more broadly recognized than the sport itself. Unlike t-shirts, polo shirts feature a collar, a sleek design, and a knitted polo player logo on the chest. However, if you’re not fashion-savvy and examine it closely, you’ll notice that this polo player logo varies.
JPM & Partners has recently embarked on a transformative journey of both rebranding its operations and integrating with the law offices of Lana Vukmirovic Misic in Montenegro – a “long-time JPM friend and partner.” JPM & Partners Senior Partners Nenad Popovic and Lana Vukmirovic Misic discuss the firm's recent rebranding, strategic expansion, and the motivations behind these as well as what comes next for the firm.
Karanovic & Partners has advised Rudis on the construction of the Alibunar I wind farm development. Karanovic & Partners also advised PLC Internergo, which will purchase energy produced in the wind farm on the basis of a long-term PPA.
Radovanovic, Stojanovic & Partners, working with Gianni & Origoni and Schindler Attorneys, has advised the shareholders of SKS365 Group on the sale of SKS365, including its Serbian subsidiaries, to the Italian Lottomatica Group. Sidley advised the Lottomatica Group.
The government of the Republic of Serbia in its session held on 03 November 2023 adopted Regulation on amendments to the Regulation on conditions of delivery and supply of natural gas, published in the Official Gazette of the RS no. 97/2023.
As we have written about in one of our previous texts, the Labour Law (“the Law“) stipulates, among other, that an employee’s employment may be terminated if there is a justified reason pertaining to employer’s needs, i.e., if due to technological, economic or organisational changes the need for certain job ceases or if the workload is reduced.
NKO Partners has advised Sopharma on its acquisition of Pharmanova. Radovanovic Stojanovic & Partners advised the seller.
Kinstellar and Schoenherr have announced that PowerChina's acquisition of a 51% stake in the Vetrozelena wind farm from CWP Europe has now closed.
Cvjeticanin & Partners has advised Inclusio on securing EUR 50,000 in seed-phase financial support from the EBRD.
CT Legal has promoted Milena Radulovic to Partner.
NKO Partners has advised Dr. Max on its acquisition of the Dr. Ristic pharmacy chain from MediGroup SEE.
On November 3, 2023, Zivkovic Samardzic announced that the sale of Eurobank Direktna Beograd to AIK Banka (reported by CEE Legal Matters on March 8, 2023) had closed upon receipt of the necessary regulatory approvals.
Although a seemingly simple question, the obligation to incorporate a branch does not have a simple answer. Branch incorporation of business companies is foreseen by the Company Law (hereinafter: "Company Law").
The past few months in Serbia have seen significant public attention focused on two media laws: the Law on Public Information and Media and the Law on Electronic Media. Various opinions have been expressed, with the government of the Republic of Serbia, specifically the Ministry of Telecommunications and Information, as the formal proposer of these contentious amendments, while independent journalist associations have taken the opposite stance. On October 26, 2023, the National Assembly passed and adopted these amendments. Less than a decade after significant changes, these two crucial media laws have come under scrutiny to align with international standards of freedom of expression.
NKO Partners has advised Rock Flow Dynamics on its acquisition of a development center in Belgrade and entry into the Serbian market.
The Republic of Serbia and the People’s Republic of China officially signed a Free Trade Agreement (FTA) on 17 October 2023.
SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.
SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.
Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.
Firm's website: https://www.kinstellar.com/
