Jankovic Popovic Mitic has advised French multinational company C.D Holding Internationale SAS on its EUR 5 million acquisition of an additional stake in Emergo Sport d.o.o., the Serbian subsidiary of Fitpass Limited. Fitpass was advised by Bojovic, Draskovic, Popovic, and Partners. 

Clifford Chance Badea has advised the Kingspan Group, a company specialized in high-performance insulation and building envelope solutions, on the acquisition of TeraSteel SA, TeraSteel DOO Serbia, and Wetterbest SA. Schoenherr advised TeraPlast on the deal.

The Rulebook on Preventive Measures for Safe and Healthy Work to Prevent the Occurrence and Spread of the Infectious Disease Epidemic (“the Rulebook”) has been adopted and it will enter into force on July 11th 2020.

Serbian Chamber of Commerce has announced that the working group for drafting a proposal for legal framework to govern blockchain technology and trading with cryptocurrencies has been established.

JPM Jankovic Popovic Mitic has advised sellers Milija Babovic and Apsara on the sale of a 67% stake in the Victoria Group to the MK Group.

JPM has helped Gastrans d.o.o. Novi Sad draft the Natural Gas Transmission System Network Code, which, with the consent of the Energy Agency of the Republic of Serbia, entered into force on May 30, 2020.

The Government of the Republic of Serbia amended the Decision Declaring Covid-19 Disease Caused by Sars-Cov-2 Infectious Disease.

After the National Assembly of the Republic of Serbia rendered the decision to revoke the state of emergency on 6 May 2020, both administrative authorities and businesses have gradually started to return to their regular activities.

On 6 May 2020, the National Assembly of the Republic of Serbia rendered the decision to revoke the state of emergency which has been proclaimed on 15 March 2020 due to the epidemic of COVID19.

Love them or hate them, conferences are a fundamental part of the successful commercial lawyer’s calendar. But time is precious. Those calendars are full. It’s vital for conference organizers to get them right, and critical for lawyers to choose wisely in determining which events to attend and which to skip.

The Serbian Government has adopted the new regulation for the state guarantee scheme as the collateral for the loans of local banks to companies in Serbia as part of the economic measures aimed to minimise the negative impacts of the spread of Covid-19 to Serbian economy ( the “Guarantee Scheme”).

The Government of the Republic of Serbia has adopted new Regulation on extending the deadlines for holding a company’s regular General Meeting session and submission of the annual and consolidated financial statements of the companies, cooperatives, other legal entities, and entrepreneurs, as well as deadlines for filing the corporate income tax return and tax return for the income of entrepreneurs, revalidation of certified auditors’ licenses and licenses for real estate valuation that expire during the state of emergency due to COVID-19 Pandemic caused by SARS-CoV-2 virus (hereinafter: “the Regulation”).

JPM has advised the German School Belgrade on its implementation of a GDPR program.

The worldwide pandemic of the COVID-19 has forced governments to undertake actions in order to fight the rapid spread of this infectious disease. Since March 15, 2020, Serbian authorities have been imposing various kinds of measures for the purpose of protecting its citizens and preventing the spread of the COVID-19.

The Regulation on deadlines in administrative proceedings has been amended today to exclude all deadlines in the tax and customs procedure save for deadlines for appeals.

Like many other states throughout the World, the Republic of Serbia (henceforth: the Republic) has proclaimed the state of emergency due to the epidemic of the infectious disease COVID-19 on the whole territory of the Republic (henceforth: the State of Emergency) by rendering the Decision on Proclamation of the State of Emergency.

The National Bank of Serbia announced moratorium on all debts towards banks and finance lease providers as a measure to preserve stability of the financial system of Serbia. The measure is part of actions undertaken by Serbian authorities during the declared state of emergency to fight the coronavirus.

Attendees to the 2019 CEELM Winter Party were cornered, over the course of the evening, and asked, without warning or an opportunity to prepare, what achievement over the past 12 months they were proudest of.