On October 10, 2019 the National Assembly of the Republic of Serbia adopted the Law on Alternative Investment Funds and Law on Open-Ended Investment Funds with a Public Offering, where both of the laws came into force on October 19, 2019 and will become applicable on April 20, 2020.

BDK Advokati has advised Labiana Group on the acquisition of all issued shares in the Veterinary Institute of Subotica (Vetzavod), a Serbian animal vaccine producer. Labiana acquired 67.05% of Vetzavod shares from Victoria Group AD and 32.95% from Sojaprotein AD. Jankovic Popovic Mitic advised the sellers on the deal.

Ministry of Finance adopted the new Rulebook on 31 October 2019 related to the determination of Telecommunication and Electronic Services. The new rulebook will be applicable from 1 January 2020.

Double taxation treaty between the Republic of Serbia and Israel has entered into force.

JPM has advised MTU Aero Engines AG on its agreement with the Republic of Serbia regarding skilled labor training.

On 26th September 2019 the Law on Amendments to the Serbian Law on Patents came into force.

At the Fifteenth extraordinary session in the Eleventh convocation, on July 26th, 2019, the National Parliament of the Republic of Serbia rendered the Act on amendments of and supplements to the Act on execution and ensuring settlement (“RS Official Journal”, No. 54/2019, hereinafter referred to as: „the Act“). The Act shall become effective as of the 8th (eighth) day following its publication in the Official Journal, and shall be applicable as of January 1st, 2020.

JPM is assisting Serbia's Institute for Molecular Genetics and Genetics Engineering with its implementation of the Balkan Genome Project.

According to JPM Senior Partner Jelena Gazivoda, Serbian law firms are doing well these days. "We are all very busy these past few months, which is good,” she says. "Notwithstanding the fact that there are different comments in newspapers, we are not really feeling any bad signs. In fact, we are all participating in some significant transactions, making us really busy.”

JPM Jankovic Popovic Mitic has advised C.D Holding Internationale SAS on its entrance into a partnership with the current owners of Serbia's Emergo Sport d.o.o.

JPM has advised China Shandong International Economic and Technical Cooperation Co. LTD regarding a concession project for four underground garages in the City of Belgrade.

On 25 April 2019 the National Assembly of the Republic of Serbia adopted the Law on the amendments to the Law on the Registration Procedure with the Cadaster of Real Estate and Utility Lines (“Official Gazette of RS”, no. 31/2019), which amendments came into force on 30 April 2019.

JPM’s Ivan Petrović recently provided an expert overview on noticeable tendency of excessiveness with regard to legal framework in construction regulations.

JPM, Clifford Chance, and Kocian Solc Balastik have advised Pepsico and Karlovarske Mineralne Vody on the acquisition of Knjaz Milos, a producer of mineral water and soft drinks in the countries of former Yugoslavia, from Mid Europa Partners. Karanovic & Partners advised the sellers.

National Assembly of the Republic of Serbia adopted the Law on amendments to the Law on foreigners and the Law on amendments to the Law on the employment of foreigners.

JPM has assisted the Gastrans d.o.o. gas inter-connector in its successful application for exemption from third-party access rules and regulated prices by the Energy Agency of the Republic of Serbia.

On 1 March 2019, the Agreement on Social Security between Republic of Serbia and Russian Federation entered into force.

Jankovic Popovic Mitic has been appointed as a compliance officer of Gastrans d.o.o. Novi Sad. The appointment of JPM was approved by the Serbian regulatory authority.