CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Deloitte Legal has advised Marketing Investment Group on the acquisition of a chain of 22 stores in Slovenia, Croatia, Serbia, and Bosnia and Herzegovina.
Zivkovic Samardzic has been appointed the Republic of Equatorial Guinea's legal advisor for the negotiation and conclusion of commercial agreements with Serbian companies and for the country's business operations in Serbia.
Kinstellar has advised OTP Bank on its acquisition of Uzbekistan’s Ipoteka Bank. The White & Case London and Tashkent offices reportedly advised the seller.
Karanovic & Partners has advised Switzerland's GlobalGlass on its acquisition of Srpska Fabrika Stakla. The Manic Gojic Law Office advised SFS's insolvency administrator on the sale.
Jovana Velickovic has joined Gecic Law in Belgrade as a Partner and Head of the firm's Dispute Resolution team.
NKO Partners has advised Emmezeta on its acquisition of ES Logisticke Nekretnine from BIG Shopping Centers. Markovic Vukotic Jovkovic advised the seller.
BDK Advokati has advised Croatia's Agez Group on its acquisition of a 60% stake in Serbian printing and graphics company Grafostil.
Spanish authority in charge of personal data protection has recently fined a personal data controller for using the audio recording option of its surveillance system, which data was subsequently used for termination of an employment contract.
European Union (EU) and Western Balkans telecommunication operators signed a Roaming Declaration at the EU-Western Balkans Summit held on Tuesday in Tirana. According to the Declaration, Western Balkans – EU roaming charges will be reduced voluntarily from 1 October 2023, with subsequent reductions gradually leading to their complete elimination. The commitment was also reinforced as part of the Tirana Declaration, which was agreed upon at the Summit.
Karanovic & Partners has advised the Duomed Group on its acquisition of Mar Medica Ltd. Mrakovic Markovic & Partners reportedly advise Marko Rackovic on the sale.
On December 5, 2022, BDK Advokati announced that Francisco Partners’ acquisition of Litmos from SAP (reported by CEE Legal Matters on August 23, 2022) had closed.
Immigration from war-afflicted areas, issues with the national energy company, and contentious lithium extraction operations are keeping people talking in Serbia, according to Andrejic & Partners Managing Partner Aleksandar Andrejic.
BDK Advokati has advised MediGroup on its acquisition of Konzilijum. Sole practitioner Djordje Ivanisevic reportedly advised the seller.
Strong M&A transaction volumes, rising investor interest in the renewables sector, and a flood of work relating to the immigration waves from Ukraine and Russia are the headlines for Serbia, according to Bojovic, Draskovic, Popovic & Partners Senior Associate Milica Pesteric.
In the Official Gazette of the RS no. 131/2022 of November 29, 2022, the Decision on Fees for Registration and Other Services Provided by the Business Registers Agency was published, which regulates the type, amount and method of payment of fees for the registration procedure and other services provided by the Business Registers Agency in keeping registers and records (“the Decision”).
NKO Partners has advised the Dr. Max Group on its acquisition of the Sveti Sava pharmacy chain. Sole practitioners Biserka Crnoglavac and Mihajlo Micic reportedly advised the sellers.
The fact that the last 20 years have been marked by the expansion of digital markets has undoubtedly contributed to the "enthronement" of leading companies in dominant positions all over the planet, created issues of effective competition enforcement regulations and the obvious need for more comprehensive and better regulation of the markets themselves.
On November 10, four Banking & Finance experts from Croatia, Hungary, Romania, and Serbia sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss banking consolidation, financing availability, the effects of high interest rates, bank capitalization, green financing, the specter of loan restructuring, and the other challenges the sector is facing.
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/
