The crossroads upon which Serbia finds itself has always been a coveted trading route, and the cause of many conflicts throughout history. Being located at such an important junction, it is of the utmost importance to invest into a transportation network, to seek constant improvements in this field, and to keep up with modern European growth. The General Master Plan for Transport in Serbia was adopted in 2009. However, the original period the plan was designed to cover – until 2027 – has now been extended and divided into three phases: short term (2021), medium term (2027), and long term (2033). The General Master Plan still serves as the platform for both major future and ongoing transportation and transportation-related projects.
On the wave of the pandemic of the Covid-19 virus and electronic business, it turned out that 2020 was the key year for the issue of digitalization of assets and financial resources. Until then, the unregulated and mostly uneven actions of financial actors imposed as an imperative further digitalization and the necessity of monitoring and harmonizing global contemporary tendencies related to digital assets.
Former Senior Associates Dragoljub Sretenovic, Bisera Andrijasevic, and Tomislav Popovic have been promoted to Counsel at BDK Advokati. Sretenovic, who was already the Head of the Payment Services Practice, became Co-Head of Banking & Finance, while Popovic, who Heads the Tax Practice, became Head of Corporate & Commercial and Co-Head of Distressed Situations/Insolvency & Restructuring, and Andrijasevic will head the Life Sciences & Healthcare practice and co-head the firm’s Competition practice alongside Managing Partner Tijana Kojovic.
The beginning of Q4 in Serbia is marked by the delayed formation of the new Government. Not much is expected to change in the political course as the ruling progressive party has strengthened its position and the Government will be led by the same Prime Minister. This means continuity and stability, although the new-old Government will not have an easy task, considering global developments with the pandemic.