Croatia's HD-Win has appointed Zunic Law Firm Partner Tijana Zunic Maric as its data representative for Serbia.
The Path From Non-Financial to Sustainable Reporting
Until 2014, less than 10 percent of the largest companies in the European Union regularly disclosed non-financial information about their operations as part of reports that supplement annual financial consolidated reports. Although they were obliged to do so by the then-current Directive of the European Union, the requirements of the existing legislation proved to need to be more transparent and more effective.
MVJ Advises BIG-CEE on Acquisition and Development of BIG Pazova Shopping Center in Serbia
Markovic Vukotic Jovkovic has advised BIG-CEE on the land acquisition and development of its tenth shopping center in Serbia, the newly opened BIG Pazova.
Danilo Nikolic and Luka Nikolic Join Jankovic Popovic Mitic as Partners
White-Collar Crime Attorneys Danilo Nikolic and Luka Nikolic have joined Jankovic Popovic Mitic as Partners in the firm.
NKO Advises Dr. Max Group on Fourth Pharmacy Chain Acquisition in 2023
NKO Partners has advised the Dr. Max Group on its acquisition of the Vranje-based Nova Pharm pharmacy chain in Serbia.
Liberalization of the Labor Market and Conditions for Approving Residency of Foreigners in Serbia
The announced amendments to the Law on Foreigners and the Law on the Employment of Foreigners contain significant novelties. The most important changes relate to the simplified and digitized procedure for obtaining a residence and work permit for foreigners, new categories of foreigners who will be able to work and/or establish employment only based on residence permit, as well as the extended period of validity of permits.
The history of artificial intelligence can be traced back to the 1950s, when researchers and computer scientists first explored the possibility of creating machines which could accomplish tasks typically performed by humans. Since then, AI has undergone several significant phases of development, each of which has been marked by essential landmarks and milestones. In 1997, IBM’s Deep Blue computer famously defeated world chess champion Garry Kasparov. In recent years, AI has seen the development of deep learning and neural networks capable of processing large amounts of data and making complex predictions.
The High Price of Data Breaches: Counting the Real Costs
When calculating the cost of running a business, companies typically tend to analyze factors such as labor cost, operating expenses, marketing and advertising, inventory, insurance, and taxes. Only, what happens when unexpected costs occur, such as a security data breach exposing the customers’ personal data to unauthorized parties? And is it still reasonable to consider such costs as unexpected?
Termination of Employment During the Probation Period – Regulations and Case Law
Pursuant to the provisions of the Labor Law (Official Gazette of the Republic of Serbia no. 24/2005, 61/2005, 54/2009, 32/2013, 75/2014, 13/2017 – decision of the US, 113/2017 and 95/2018 – authentic interpretation) (“the Law”), by an employment contract the employer and the employee may establish the probation period for performance of one or more related jobs specified in that contract.
Gecic Law Announces New AI & Robotics Practice
Gecic Law has announced the launch of its Artificial Intelligence & Robotics practice in Serbia, to be headed by Founding Partner Bogdan Gecic.
Employment in Serbia
Contributed by PR Legal.
BD2P Advises Accel Club on Setting Up in Belgrade
Bojovic Draskovic Popovic & Partners has advised e-commerce investor Accel Club on opening an office in Belgrade.
New Draft of the Law On Amendments to the Law on Spatial Planning and Construction
After the publication of the draft of the Law on Amendments to the Law on Spatial Planning and Construction, a series of public hearings on the proposed draft law was held in February 2023, and now we are waiting for the final wording of the proposal of the amendments and the lawmaker’s response to the of proposals and objections raised during the public hearings.
The draft envisages numerous amendments to the law, the most striking of which is the amendment related to the conversion of the right of use on construction land into the right of ownership (conversion).
Schoenherr Advises Robert Bosch Investment Nederland on Minority Stake Acquisition in Kazantrade
Schoenherr has advised Robert Bosch Investment Nederland on its acquisition of a minority stake in Hungarian thermo-technology company Kazantrade and the related asset deal that saw RBIN sell its Serbian thermo-technology business to Kazantrade's Serbian subsidiary. Sole practitioner Zsolt Simanyi reportedly advised the Hungarian seller and target company.
NKO Partners Successful for Modekolo Before Serbian Administrative Court
NKO Partners has successfully represented Modekolo before Serbia's Administrative Court in a competition-related dispute.
A Closer Look: NKO Partners' Djordje Nikolic on Noventiq Buyout of Saga's Minority Shareholders
On February 15, 2023, CEE Legal Matters reported that NKO Partners had advised a group of Saga’s minority shareholders on Noventiq's buyout of their equity. CEELM reached out to NKO Partners Founding Partner Djordje Nikolic to learn more about the matter.
The Commissioner for Information of Public Importance and Personal Data Protection Issued a Publication with Stances, Opinions and Practice Regarding the Personal Data Protection
On the occasion of International Data Privacy Day (January 28), as in previous years, the Commissioner for Information of Public Importance and Personal Data Protection (“the Commissioner”) issued a publication “Personal Data Protection: Stances, Opinions and Practice of the Commissioner”.
Employment of Foreign Nationals – Current Conflict of Regulations
Since the beginning of the war in Ukraine, 219,153 Russian citizens have immigrated to Serbia. In contrast, over the past year, more than four thousand Russian entrepreneurs and companies have been established in Serbia.