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BDK Advokati Announces New Employment Template Database Service

BDK Advokati has announced the launch of a new service – blinkdraft| – a database of employment law-based templates which the firm says can be converted into “custom-made, ready-to-use, legal documents through an easy and highly intuitive process.”

After much rescheduling and protraction, the long-awaited new Trademark Act was finally adopted on 24 January 2020 and came into force a week later. The new law introduces a number of fundamental changes, eliminating certain shortcomings of the previous law, allowing for more efficient protection and further harmonisation of Serbia's legislation with EU law.

NKO Partners Advises Mercata on Merger with Veletabak

NKO Partners has advised Mercata, a Serbian distributor of fast-moving consumer goods, on its merger with Veletabak, a local tobacco and consumer goods distributor. Veletabak was advised by solo practitioner Zeljko Marovic.

Kinstellar Advises Nova Ljubljanska Banka on Acquisition of Serbia's Komercijalna Banka

Kinstellar has advised Nova Ljubljanska Banka d.d. on the conclusion of a share purchase agreement with the Republic of Serbia for the acquisition of an 83.23% ordinary shareholding in Komercijalna Banka a.d. Beograd, which will result in the third largest bank in Serbia.

Throughout its history, Serbia, located as it is at the intersection between major trading centers, has been recognized as a point of utmost importance in terms of transportation, and it remains so today. This requires constant improvement in transportation conditions and compliance with European Union regulations. In order to meet these requirements, the General Master Plan for Transport in Serbia (TMP) was adopted in 2009, providing the guidelines and plans for each transportation sector until 2027. The TMP is also the platform for current and future transportation-related projects, irrespective of the funding modality.

Serbia recently reworked its Law on Trademarks, coming into force on 1 February 2020. What has changed? In local parlance: “Everything and nothing”. The changes are not extensive, but concern key features of the local trademark rules.

The Government of the Republic of Serbia launched Project ePaper in 2016 with the aim of simplification of administrative procedures and modernizing public administration (“Project”). The Project aims to reduce the administrative expenses by 15-20% – from 3.46% to 3.0 % of GDP by 2021.

“The main thing, politically, is the upcoming Parliamentary elections set for this April,“ says Dragoljub Cibulic, Partner at BDK Advokati in Belgrade. “We’re entering a period of increased political instability, especially given the announced boycott of the elections by the major opposition block. The boycott is rooted in the imbalance on the Serbian political scene, which is heavily dominated by the ruling party. Opposition parties are cut-off from the mainstream media, the ruling party wields tremendous financial power from close ties with the privileged local business caste, and state institutions crucial for a functioning democracy have been hijacked and submitted to the interests of the ruling party.“

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