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M&A News

BIG CEE is to acquire Promenada Novi Sad from NE Property, as announced on Wednesday 3 July 2024. The parties entered into the binding agreement and completion of the acquisition is subject to customary approvals and conditions, including the approval of the Serbian competition authority. Our Senior Partner Miloš Vučković, Senior Associate Marko Ćulafić, Associate […]

Addressing the Future of Maritime Law in Trieste

Our colleague Goran Ilej, Senior Partner from Ilej & Partners in cooperation with Karanovic & Partners, and our Senior Associate Andrej Jelenković attended the 6th Adriatic Maritime Law Conference held in Trieste on June 21-22, 2024. The conference was organised by the Italian Maritime Law Association and took place in the stunning building of the […]

Banking & Finance Update

We are pleased to announce that Karanovic & Partners supported the European Fund for Southeast Europe S.A., SICAV-SIF (EFSE) in purchasing the first MREL-compliant RSD bonds issued in Serbia. The issuer of the bonds is Raiffeisen banka ad Beograd and the bonds are listed on the Belgrade Stock Exchange. The total nominal value of the […]

Karanović & Partners will change the Terms of Business as of 17 July 2024. For all new engagements executed on 17 July and afterwards, these new Terms of Business will apply. The new Terms of Business will be separately provided to each client. In case you need to review any of our previous Terms of Business, […]

Presenting Montenegro's First Cable Car Initiative at international Cable Car Wo...

From 4 to 6 June, the second Cable Car World Congress was held in Messe Essen, Germany. This event welcomed exhibitors, speakers, and legal professionals from all over the world, focusing on discussing possibilities for the evolving landscape of new urban mobility. Our Senior Associates Sandra Perišić and Tijana Arsenijević actively participated in the congress, […]

Global Tax Rights Advocacy

The Observatory on the Protection of Taxpayers’ Rights (OPTR) identifies principles, minimum standards and best practices for the effective protection of taxpayers’ rights. It allows for the permanent monitoring of global compliance with such minimum standards and their amendment and development in different regions of the world. OPTR operates under IBFD, which is the pre-eminent, […]

Arbitration Conference

The traditional Vienna Arbitration Days were held on 7 and 8 June 8 2024, in Vienna, Austria. As the legal profession is evolving fast, this year’s conference was properly named “Rock Me Arbitration: Tune in to A New Beat!” It was set to address the multi-faceted impacts of ESG, human rights, sustainability, green transition, supply […]

Tax Advisory for Law Students

On 3 June, our colleague Dr Maruša Pozvek, Tax Law Expert from Ketler & Partners member of Karanovic, in collaboration with the Faculty of Law, University of Maribor in Slovenia, was a guest lecturer and gave students an insight into how tax advisory looks like in practice. The session explored the practical elements of the […]

Exploring Litigation Trends

Our Senior Associate, Andrej Jelenković, attended the meeting of the World Service Group/Berlin Group, which gathers litigation practitioners from across Europe. The meeting took place in Tallinn, Estonia, on 6 and 7 June 2024 and COBALT Legal and their partner Lembit Tedder hosted the event. The agenda covered current litigation topics such as multi-border litigation, […]

Tax Congress in Slovenia

Tax Advisory Chambers of the Republic of Slovenia hosted the 52nd Tax Education Days and the 14th Congress of Tax Advisors, which brought together experts from the tax and accounting profession in Laško, Slovenia, on 23 and 24 May. The event covered a wide range of topics such as how much artificial intelligence can help […]

Tax News: Serbia

Serbian Minister of Finance issued the Rulebook on interest rates that are considered to be in line with the arm’s length principle for the year 2024 (Rulebook). Interest rates are applicable by taxpayers in the calculation of corporate income tax for the FY 2024 to compare agreed interest rates on loans with related parties. Interest […]

Intellectual Property Workshop

On 3 June, an interactive workshop titled “MEDIA Learning Lab #6: Protection of Creative Work” was hosted by the Faculty of Applied Arts at the University of Arts in Belgrade. This event was partly realized within the framework of the Erasmus+ project MAGNET – Managerial and Governance Enhancement through Teaching, in which the University of […]

Europe: Competition Law News

The European Commission has imposed a hefty EUR 337.5 million fine on Mondelēz International, Inc., the world-famous producer of Oreo, Milka and Toblerone, for restricting cross-border trade of chocolate, biscuits, and coffee products among EU Member States, in violation of EU competition regulations. Margrethe Vestager, the EU’s competition chief, during the press conference stressed out […]

Corporate Law and Sustainable Business Challenges

At the end of May 2024, the XXXII Meeting of Lawyers in the Economy took place in Zlatibor, Serbia. The event brought together leading industry experts to discuss and explore the latest innovations and regulatory changes impacting the business world. One of the highlights of the event was the panel dedicated to disputes stemming from […]

M&A Update

Thales, a global technology leader, has successfully completed the sale of its Ground Transportation Systems (GTS) business, to Hitachi, Ltd, a multinational conglomerate with a presence in information technology, electronics, power systems, social infrastructure, industrial systems, and construction machinery. The divestment aligns with Thales’ strategic plan to concentrate its resources on three long-term high-technology growth […]

EU Integration Framework

On 27 and 28 May, a conference addressing state aid within the framework of European integration took place in Belgrade. This event was part of the project “EU Support for the Development of the Single Market of Serbia”. The conference served as a forum for the exchange of knowledge and experiences pertaining to the latest […]

Business Breakfast

On 28 May, Karanovic & Partners hosted a business breakfast dedicated to internal investigations. Our colleagues from the Commercial & Healthcare, Employment, and Competition teams engaged in a lively discussion, exploring crucial strategies that can make the difference between a swift resolution and costly legal battles. In a panel discussion moderated by Partner Goran Radošević, […]

Highlights from Workshop at Epoka University, Faculty of Law

On 20 May, our colleagues from CR Partners in cooperation with Karanovic & Partners in collaboration with the Faculty of Law, University of Epoka in Tirana, Albania, conducted the workshop titled “Practical Aspects of Merger Filings in Albania.” The team included our colleagues Senior Associate Adi Brovina and Associate Sirius Tartari. The session explored the […]

Montenegro: Legal Update

On 13 May 2024, the Parliament of Montenegro passed the Draft Law on amendments to the Copyright Law. The entry into force is yet to be announced, but it could be expected after June 2024. The primary objective of these amendments was to align domestic legislation with the Marrakesh Treaty, which facilitates access to published […]

Driving Sustainable Energy Transitions

On 13 and 14 May, the latest edition of the Belgrade Energy Forum (organised by a leading regional energy news outlet Balkan Green Energy News) provided a dynamic platform for stakeholders across the energy spectrum, from decision-makers to technology providers, to converge and address the issues shaping the industry.   One of the event highlights […]