Ketler & Partners, a member of Karanovic, and Ilej & Partners in cooperation with Karanovic & Partners have advised the Volution Group on its acquisition of I-Vent in Slovenia and Croatia for EUR 25.2 million on a debt-free cash-free basis from Milan Kuster. Zagorc & Partners advised Kuster on the sale.

On 6 January 2023, the new Law on Capital Market started to apply in Serbia (except for certain provisions delayed further until the accession of Serbia to the EU). This law is adopted as a part of a comprehensive reform of the capital market legal framework in Serbia and introduces a completely new set of rules in line with the relevant EU regulations governing markets in financial instruments (MiFID I and MiFID II), prospectus, investor-compensation schemes, transparency, securities settlement, and market abuse.

Former Senior Counsel Ivana Rackovic has been promoted to Partner at Karanovic & Partners.

On the evening of April 25, 2023, the Deal of the Year Awards Banquet brought together, under the same roof, top-tier lawyers from Central and Eastern Europe's leading law firms and ILFs active in the region in Istanbul.

BDK Advokati has advised the Abu Dhabi Capital Group on its sale of The Capital Plaza in Podgorica to BIG Shopping Centers. Karanovic & Partners advised the buyer.

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?

Zavisin, Semiz & Partneri and Dentons have advised a banking consortium on their EUR 155 million financing for the 103.3-megawatt Krivaca wind farm project co-owned by Serbia’s MK Group and Slovenia’s ALFI Green Energy Fund. Karanovic & Partners advised the Axpo Group on its market-terms long-term PPA with the Krivaca project company.

The “digitalization” buzzword can easily be found in the 21st century’s most-frequently-used vocabulary section. Something all businesses aspire to, digitalization can, depending on the specific area, represent a multitude of things, always being an inexhaustible power drive on a journey towards a modernized and efficient business playground.

ODI Law has advised the state-owned Slovenian Bank Assets Management Company – now merged with the Slovenian Sovereign Holding – on the restructuring of Fori and its related companies. Ketler & Partners in cooperation with Karanovic & Partners reportedly advised Fori.

On 26 January 2023, a new Consumer Protection Act (“the Act“) will enter into force, which combines the provisions of the currently applicable Consumer Protection Act and the Act on the Protection of Consumers against Unfair Commercial Practices.

Karanovic & Partners has advised Switzerland's GlobalGlass on its acquisition of Srpska Fabrika Stakla. The Manic Gojic Law Office advised SFS's insolvency administrator on the sale.

Karanovic & Partners has advised the Duomed Group on its acquisition of Mar Medica Ltd. Mrakovic Markovic & Partners reportedly advise Marko Rackovic on the sale.

Karanovic & Partners, working alongside Baker McKenzie, has advised Colt Technology Services on its acquisition of Lumen Technologies’ Europe, Middle East, and Africa business for USD 1.8 billion. Bryan Cave Leighton Paisner reportedly advised Lumen Technologies.

The new government, looking to implement sweeping tax reform, introduce more socially oriented policies, and reorganize the country’s energy framework, is keeping Slovenian lawyers talking, along with the steady stream of M&A and financing mandates, according to Partner Igor Angelovski of Ketler & Partners, a member of Karanovic.

Karanovic & Partners has advised the Green for Growth Fund on extending a EUR 10 million loan facility to UniCredit Bank Serbia.

Karanovic & Partners, working with McDermott Will & Emery, has advised Hidden Harbor Capital Partners on its acquisition of Dayco.

Ilej & Partners, in cooperation with Karanovic & Partners, has advised Chiron Group on its acquisition of Croatia-based HSTEC. Buterin & Partners advised HSTEC on the deal.

Ilej & Partners, in cooperation with Karanovic & Partners, has advised Enlight Renewable Energy on the acquisition and joint development of a 525-megawatt renewable energy project portfolio in Croatia.