Harrisons has advised the EBRD on a EUR 30 million loan facility to ProCredit Bank in Serbia.
Harrisons Advises EBRD on RSD 1.2 Billion Loan to 3Bank
Harrisons has advised the EBRD on its RSD 1.2 billion loan to Serbian commercial bank 3Bank for on-lending to eligible sub-borrowers.
White Collar Crime Laws and Regulations in Serbia
Contributed by NSTLAW / Stankovic & Partners.
The Rulebook on Quality of Raw Coffee, Coffee Products, Coffee Substitutes and Related Products Starting to Apply
What kind of coffee do you drink?
Nenad Cvjeticanin Appointed as Data Protection Officer at Emmezeta and Cubes IT School
Cvjeticanin & Partners Managing Partner Nenad Cvjeticanin has been appointed as Data Protection Officer at Emmezeta and at the Cubes IT school in Serbia.
Closing: DoorDash’s Acquisition of Wolt Now Closed
On June 5, 2022, BDK Advokati announced that DoorDash’s acquisition of Wolt (reported by CEE Legal Matters on November 18, 2021) had closed.
NKO Partners Advises Dr. Max Group on Acquisition of K-Pharma
NKO Partners has advised the Dr. Max Group on another pharmacy chain acquisition in Serbia – that of Belgrade-based K-Pharma.
Zivkovic Samardzic Advises Catalyst and 3TS on Investment in Serbia's Hunch
Zivkovic Samardzic has advised Catalyst Romania and 3TS Capital Partners on the Serbian aspects of their investment in Hunch.
Ample Opportunities for Investment in Serbia’s Real Estate Market
Since 2009 the Republic of Serbia has undergone major legislative changes aiming to simplify the process for issuing construction permits and to establish private ownership over land as an exclusive property right, replacing the permanent use right and the long-term lease, which are relics of the communist regime. Depending on the circumstances pertinent to the holder of the title, the conversion of the permanent land use and long-term lease rights into private ownership may be performed either free of charge or for a fee.
MVJ Advises IKEA on Construction and Opening a Retail Park in Belgrade
Markovic Vukotic Jovkovic has advised IKEA on the construction and opening of a retail park in Belgrade, next to an existing IKEA store.
Contract Termination Due to a Hardship Caused by COVID-19 Pandemic – A Brief Overview of Domestic Regulation and Court Practice
COVID-19 pandemic caused different market distortions that imposed economic entities to various challenges, both in terms of their relations with the clients, i.e., consumers, and their mutual relations.
MVJ Advises Fashion Company on Acquisition of Movem
Markovic Vukotic Jovkovic has advised the Fashion Company on its acquisition of Movem.
Serbia: Natural Gas Price Capped
On 19 May 2022, the Government of the Republic of Serbia adopted the Regulation on the temporary measure of limiting the price of gas and compensating for the difference in the price of natural gas, procured from imports or produced in the Republic of Serbia, in case of disturbances on the natural gas market, which regulation was published in the Official gazette of the RS no. 59/2022.
Single Registration Platform – Free Access to the Labour Market within the Open Balkan
At Open Balkan Summit held in Tirana on December 21, 2021, several agreements were signed by Serbia, North Macedonia and Albania, including the Agreement on conditions for free access to the labour market in the Western Balkans, which was subsequently ratified by the National Assembly of the Republic of Serbia on December 29, 2021, and published in the Official Gazette of the Republic of Serbia – International Agreements no. 27/2021 from December 30, 2021 (“the Agreement”).
Cvjeticanin & Partners Advises KOTRA on Serbian Labor Law Implementation
Cvjeticanin & Partners has advised the Korea Trade-Investment Promotion Agency on its implementation of Serbian labor law regarding collective and individual legal acts.
Krehic & Partners and Wolf Theiss Advise on Sale of Heloo to TaskUs
Deloitte Legal’s Krehic & Partners has advised sellers Tomislav Plesa and Domagoj Makar on the sale of their shares in Heloo to TaskUs. Wolf Theiss, working with Simpson Thacher & Bartlett, advised the buyer.
Serbia Energy Market in the Snapshot – Upcoming Challenges and Expectations
The global events and current energy crisis have demonstrated once again the imperative of continuous development of the energy sector and its modernization, which is both time-consuming and financially burdensome, but inevitable for the sustainability of the economy and overall society. It has additionally pointed out the real need for the equal or quasi-equal level of development of the electricity, gas and oil sector and increased dynamic development of the renewables energy market and, the imperative of having a firm orientation to diversification and establishment of different routes and different sources of supply. There is a necessity of having a long-term strategic determination to stability and security of supply and national strategic plan to achieve it.
Hot Practice in Serbia: Milan Petrovic on PR Legal’s Corporate and M&A Practice
With the global pandemic, high inflation rates, and the war in Ukraine being the main drivers of work in Serbia, PR Legal’s Corporate and M&A practice has been quite busy, according to PR Legal Partner Milan Petrovic.