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On 29 December 2023, the Government of the Republic of Serbia adopted the Regulation on financial support for dual education ("Official Gazette of the RS", No. 120/2023), which entered into force on 6 January 2024 (hereinafter: the Regulation).

Despite their undeniable awareness of importance of intellectual property (IP) for business success, many multinational companies overlook the fact that IP laws vary between countries. This has motivated us to write this article as a memento of IP that can be generated by employees. It explains the general regime related to use of such intellectual property and suggests which legal mechanisms are available to employers in safeguarding their legitimate interests in relation to IP.

Kinstellar has advised Evelixon Trading Limited on its acquisition of the Grand Wind Park project company from Windvision Serbia Holding and the subsequent sale of a 50% stake in Grand Wind Park to MK Green Energy Limited. Karanovic & Partners advised Windvision. AP Legal advised MK Green Energy.

By its decision dated 29 December 2023, the Serbian Competition Commission determined that the companies KTG Solucije and Eco Sense from the town of Subotica (in Serbia) entered into a restrictive agreement by colluding in public procurement procedures (i.e., bid rigging).

Kinstellar has announced several appointments to firm-wide practice and sector leadership positions, including Partner Csilla Andreko in Budapest, Partner Iustinian Captariu and Special Counsel Magda Raducanu in Bucharest, Managing Partner Milos Velimirovic in Belgrade, Managing Partner Lukas Sevcik and Counsel Jan Lehky in Prague, and Managing Associate Lukas Mrazik in Bratislava.

Insufficiently precise provisions of the law, unharmonized court practice, as well as the average duration of the employment disputes, were affected creating the “fear of litigation” amongst many employers. Due to the stated reasons, instead of unilateral employment termination, even in cases when there is firm evidence confirming its lawfulness and validity, the employers tend to execute the mutual agreement on employment termination, as well as to pay certain one-time compensation on the said basis.

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