BDK Advokati, working alongside Sweden's Gernandt & Danielsson Advokatbyra KB, has advised the Embracer Group AB on the acquisition of all issued shares of Mad Head Games d.o.o., a game development studio from Novi Sad, Serbia. Sunjka Law advised Mad Head Games shareholders Nenad Tomic, Uros Banjesevic, and Aleksa Todorovic on the deal.

MPR Partners has helped J. Christof E&P Services S.R.L. and Christof Private Firefighting Services S.R.L. provide notification to Romanian and Serbian competition authorities of the economic concentration arising from OMV Petrom’s externalization of several operations and general surface services ancillary to extraction and production of petroleum as well as natural gas, together with the relevant assets and dedicated staff. D&B David and Baias and Karanovic & Partners provided advice to J. Christof E&P and Christof Private Firefighting Services.

In October 2020, the Ministry of Finance of the Republic of Serbia published the first draft of the Law on Digital Property (“Draft“) and put it for open discussion. Below we present you with a short overview of the proposed Draft:

Jankovic Popovic Mitic has helped chemical company BASF implement GDPR best practices in Serbia.

At the beginning of 2019, employers and employees disapprovingly accepted a new obligation to document the cost of transportation to and from work and the situation is no different today.

Kinstellar has advised GTT Communications on the USD 2.15 billion sale of its business infrastructure in Central, Southern, and Eastern Europe to I Squared Capital. Linklaters advised the buyer on the deal.

BDK Advokati has launched a Human Rights Protection & Litigation practice, led by Attorney-at-Law Relja Radovic.

Karanovic & Partners has helped set-up Ventu.rs, the first Serbian crowd-investing platform. 

Kinstellar has re-launched its Restructuring and Insolvency practice, with the new iteration to be co-led by Csilla Andreko, Head of Kinstellar's Banking & Finance practice, and Denise Hamer, Kinstellar Head of C/SEE Asset Solutions.

Harrisons has advised the EBRD on an EUR 25 million loan, which will be matched by Raiffeisen Banka Beograd, to Sojaprotein. AP Legal reportedly advised Raiffeisen Banka on the deal.  

By the Regulation amending the Regulation on measures for prevention and suppression of infectious disease COVID-19, which was published in the Official Gazette of RS no. 126/2020 dated October 23, 2020, the Government of the Republic of Serbia introduced the mandatory appointment of person – corona controller by certain legal entities and entrepreneurs.

NKO Partners has helped Belgrade Waterfront open the Galerija Belgrade shopping center by assisting Belgrade Waterfront in drafting and negotiating all lease agreements for the shopping mall, including those with anchor tenants.

The Government of the Republic of Serbia has adopted a new Decree on the conditions and criteria for compliance of state aid through a recapitalization of market participants, to eliminate disturbances in the economy caused by the epidemic of COVID-19 on 23 October 2020.

Ministry of Labor, Employment, Veterans and Social Affairs („the Ministry“) on October 15, 2020 published a notice for employers regarding the duration of annual leave, in order to eliminate doubts that some employers have when employee is on paid leave during the calendar year or is temporarily unable for work in the terms of health insurance regulations.

Harrisons has advised the EBRD on its EUR 20 million loan to Banca Intesa Beograd.

It’s no secret that competition law across the Western Balkans has been greatly shaped by EU accession, with local developments regularly driven by EU practice and the EU’s regulatory framework.

While the COVID-19 pandemic has caused disruption to nearly all businesses in the logistics and manufacturing sectors in Central and Eastern Europe, enough time has now lapsed that identifiable trends and opportunities are beginning to emerge. CMS Partners Ana-Marija Skoko, Ivan Gazdic, Iain Batty, and Lukas Hejduk agreed to share their thoughts about the effect of the COVID-19 crisis on logistics and manufacturing developments in their local markets and across CEE.

Pursuant to Article 16, para. 1 of the Law on Hospitality Management (Official Gazette of RS no. 17/2019), the Rulebook on the manner of entry, operation, keeping and using the central information system, its content and type of information has been adopted (Official Gazette of RS, no. 87/2020) and it has been in force since 1 October 2020 (“the Rulebook”).