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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.

Kinstellar has re-launched its Restructuring and Insolvency practice, with the new iteration to be co-led by Csilla Andreko, Head of Kinstellar's Banking & Finance practice, and Denise Hamer, Kinstellar Head of C/SEE Asset Solutions.

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.

NKO Partners has helped Belgrade Waterfront open the Galerija Belgrade shopping center by assisting Belgrade Waterfront in drafting and negotiating all lease agreements for the shopping mall, including those with anchor tenants.

The Government of the Republic of Serbia has adopted a new Decree on the conditions and criteria for compliance of state aid through a recapitalization of market participants, to eliminate disturbances in the economy caused by the epidemic of COVID-19 on 23 October 2020.

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.

Serbia Knowledge Partner

Who we are

Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

What we do

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

Firm's website: https://www.karanovicpartners.com/

 

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