White-Collar Crime Attorneys Danilo Nikolic and Luka Nikolic have joined Jankovic Popovic Mitic as Partners in the firm.
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).
Bojana Javoric Micovic Makes Partner at JPM
Former Senior Associate Bojana Javoric Micovic has been promoted to Partner at Jankovic Popovic Mitic.
Film Incentives in Serbia
The Republic of Serbia continues to encourage creativity in the field of audiovisual production through incentives’ allocation to individuals even so in 2023.
NKO Partners and JPM Advise on Noventiq Buyout of Saga Minority Shareholders
NKO Partners has advised a group of Saga’s minority shareholders on Noventiq's buyout of their equity. Jankovic Popovic Mitic advised the buyer.
Right to Acquire Share Financial Instrument—Incentives for Startups and Other Businesses
The very idea of introducing a new financial instrument issued by a limited liability company (“LLC” or “Company”) is to improve the economic environment as well as financial growth by providing a way for companies to incentivize employees, especially the ones in IT industry, thus enabling companies to operate in accordance with high standards adopted worldwide.
The Competition Commission is Investigating Another RPM
On the 19th of January, there has been yet another competition infringement investigation (ex officio) by the Serbian Commission for the Protection of the Competition, this time against VAILLANT doo Beograd (Vaillant) regarding the market of gas boilers!
Renewables Sector – Challenges and the Future Expectations
The renewables sector in the Republic of Serbia has been growing for a while with a focus on wind energy, solar energy, biomass, and biogas and as recently on agrivoltaics.
Market Snapshot: Leading Digitalization and Innovation and Applying the GDPR – Mission (Im)possible?
According to the United Nations eGovernment Development Survey 2022, Serbia’s eGovernment Development Index was evaluated as “very high,” moving forward 18 places. Following the Strategy for the Development of Artificial Intelligence, Serbia set the use of AI in the healthcare sector as a priority and started supporting projects for cooperation between public bodies and commerce to share and use data. Digitalization prevents corruption but, on the other hand, cannot meet the expectations of citizens if data protection principles are not implemented in real time.
Renewable Energy Ambitions in Serbia
Although there are several incentives for renewable energy projects supported by the state, there also seem to be several factors that could impede Serbia’s potential for renewables and deter further investments in the sector. Kinstellar Belgrade Managing Partner Branislav Maric, JPM Jankovic Popovic Mitic Senior Partner Jelena Gazivoda, and Gecic Law Partner Ognjen Colic weigh which will carry a stronger impact.
(Re)constructing Restructuring and Insolvency in CEE
There is a growing concern, across CEE, about a potential wave of insolvency and restructuring proceedings. Given the economic aftermath of COVID-19, coupled with the ramifications of rising inflation and interest rates, energy crisis concerns, and the war in Ukraine – the road ahead seems bumpy at best.
Could Hunger for (Personal) Data Bring Benefits to Society?
As the terms “hunger” and “benefits” in most cases exclude each other and expectations of all interested parties are high on both ends, we spent hours listening carefully
to what lecturers and panelists of our data protection conference were saying, to summarise ideas and solutions to a complex question from the headline.
Montenegro – Digital Nomads Obtaining Residence Permits
After the Parliament of Montenegro adopted Law on amendments to the Law of Foreigners and introduced legal framework for digital nomads earlier in August 2022, further activities were undertaken in order to establish the practical applicability of the adopted legal framework.
DMA - an Opportunity for Small Platforms or a Challenge for European Legislation?
The fact that the last 20 years have been marked by the expansion of digital markets has undoubtedly contributed to the "enthronement" of leading companies in dominant positions all over the planet, created issues of effective competition enforcement regulations and the obvious need for more comprehensive and better regulation of the markets themselves.
Increased Activity of the Serbian Competition Commission– Five Initiated Proceedings in Few Weeks
In the last two months, the Commission for the Protection of Competition (“Commission”) initiated several different proceedings i.e., 3 gun-jumping cases, one for abuse of a dominant position and one case regarding restrictive agreements. It is necessary to pay attention to these proceedings, because they are not coincidences but rather are initiated due to Commission’s reasonable doubt that market participants have breached the Law on Protection of Competition of Republic of Serbia (“Law“).
Startup Alternative Investment Funds - Law Regulation
Keeping investments in or out of line with the development of the IT sector.
Foreign Legal Person and Branch Office in the Republic of Serbia
If one takes into account the applicable Law on Companies of the Republic of Serbia, every branch office, including a branch office of a foreign legal person, represents a separate organizational unit of a company through which such company conducts its business activities in Serbia. A branch office does not hold the status of legal person, it only acts in the name and on behalf of the company that founded it, in the respective legal transactions of the company.
Whose Are Our Phone Numbers?
In Montenegro, the Law on protection of personal data is still in power, and was last amended on April 3, 2017 („LPPI“).