CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Starting from July 1, 2023, the newly adopted Horizontal Block Exemption Regulations on Research and Development Agreements (“R&D“) and Specialisation agreements (together “HBERs“) shall take effect in the EU.
Zivkovic Samardzic has successfully defended the Crime and Corruption Reporting Network (KRIK) on appeal in a case filed by Serbia's Minister of Internal Affairs – and former Director of the country's Security Information Agency – Bratislav Gasic.
The energy development strategy of the Republic of Serbia until 2025 with projections until 2030, as well as the Integrated National Energy and Climate Plan, which is
currently being developed and adopted, foresee an increase in the share of energy obtained from renewable energy sources in the energy balance of the Republic of Serbia
as a strategic goal.
Contributed by Gecic Law.
In accordance with the 2021 amendments to the Law on Companies, delivery of electronic documents to Serbian companies shall be performed to the registered mail on the e-government portal (eUprava).
The Government of the Republic of Serbia, at its session held on 4 May 2023, adopted the Draft Amendments to the Planning and Construction Act, so that, in due course, the adoption of the Draft and the adoption of the amendments to the Planning and Construction Act can be expected.
In this second installment of our series focusing on the risks posed by artificial intelligence (AI) and the legislative initiatives in the US to address them, we will be examining the proposed AI Bill of Rights.
AP Legal has advised the Serbian Export Credit and Insurance Agency on the sale of an NPL portfolio to EOS Matrix.
AP Legal has advised UniCredit Bank Srbija on its loan to Marera Properties member MPP Palata Beograd. Isailovic & Partners reportedly advised Marera Properties.
The new Law on Safety and Health at Work was published on April 29, 2023, in the Official Gazette of RS no. 35/23 and went into force on May 7, 2023. With the entry into force of the new law, it completely ceases to be valid the previous Law on Safety and Health at Work (“Official Gazette of RS”, nos. 101/2005, 91/2015 and 113/2017).
American actor Jim Belushi met with the Albanian Prime Minister Edi Rama to discuss the Albanian government’s initiative to legalize cannabis and the possibilities of exporting this product for medical purposes.
On 16 March 2023, the Court of Justice of the European Union (“ECJ”) published its judgment on Towercast’s appeal against the French Competition Authority’s decision in Towercast’s case (Case No. C-449/21), confirming that abuse of dominance rules may equally apply ex post to transactions in which national and EU merger control thresholds were not met.
AP Legal has advised Raiffeisen Banka Beograd on its merger with RBA Banka Novi Sad and on the merger of CA Leasing Srbija into Raiffeisen Leasing.
The Serbian government announced that it is looking for a strategic partner to develop a minimum of five self-balancing solar power plants with a total installed capacity of 1,000 MWac (or 1,200 MWdc) and a battery storage system with a minimum total installed capacity of 200 MW and the ability to accumulate at least 400 MWh of electric energy.
The new Law on Electronic Communications, published on April 29, 2023, in the Official Gazette of the Republic of Serbia no. 35/23, went into force on May 7, 2023. With the entry into force of the new law, the previous Law on Electronic Communications ceases to be valid (“Official Gazette of the Republic of Serbia”, nos. 44/2010, 60/2013, 62/2014 and 95/2018) except for certain provisions related to the secrecy of electronic communications, legal interception, and retention of data, as well as other specific provisions that will be valid until the adoption of by-laws prescribed by the new Law on Electronic Communications.
The Parliament of Republika Srpska adopted the amendments of the Company Law of Republika Srpska which entered into force on 2 March 2023. This is the sixth time that the Company Law has undergone changes since it was enacted, whereas the recent amendments brought significant novelties, rather than cosmetic ones.
We would like to remind you that tomorrow is the final day for legal entities in Serbia to register as users of the e-government portal.
Cytowski & Partners has advised both South Central Ventures and Serbia's HireApp on their USD 1.5 million seed financing agreement.
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/
