Dentons has advised Umweltbank Aktiengessellschaft, GLS Gemeinschaftsbank EG, and two investment funds managed by Triodos Investment Management on the acquisition of a majority stake in Opportunity Banka a.d. Novi Sad, a Serbian bank, from Opportunity Transformation Investments inc. Andric Law Office provided Serbian advice to the buyers, and Schoenherr reportedly advised Opportunity Transformation Investments.
The Tax Administration of the Republic of Serbia has recently published a call to natural persons who acquired income abroad in the past period to file tax applications, calculate and pay taxes and contributions for mandatory social insurance with relevant interest as soon as possible, in order to avoid offence liability.
BDK Advokati, working alongside Sweden's Gernandt & Danielsson Advokatbyra KB, has advised the Embracer Group AB on the acquisition of all issued shares of Mad Head Games d.o.o., a game development studio from Novi Sad, Serbia. Sunjka Law advised Mad Head Games shareholders Nenad Tomic, Uros Banjesevic, and Aleksa Todorovic on the deal.
MPR Partners has helped J. Christof E&P Services S.R.L. and Christof Private Firefighting Services S.R.L. provide notification to Romanian and Serbian competition authorities of the economic concentration arising from OMV Petrom’s externalization of several operations and general surface services ancillary to extraction and production of petroleum as well as natural gas, together with the relevant assets and dedicated staff. D&B David and Baias and Karanovic & Partners provided advice to J. Christof E&P and Christof Private Firefighting Services.
By the Regulation amending the Regulation on measures for prevention and suppression of infectious disease COVID-19, which was published in the Official Gazette of RS no. 126/2020 dated October 23, 2020, the Government of the Republic of Serbia introduced the mandatory appointment of person – corona controller by certain legal entities and entrepreneurs.
Ministry of Labor, Employment, Veterans and Social Affairs („the Ministry“) on October 15, 2020 published a notice for employers regarding the duration of annual leave, in order to eliminate doubts that some employers have when employee is on paid leave during the calendar year or is temporarily unable for work in the terms of health insurance regulations.