Serbia’s banking sector faces another year of challenges. Global inflation in 2023, compared to the last quarter of 2022, records a slight slowdown, but one thing is indisputable – the main challenge in 2023, and not only in the banking sector, is the war in Ukraine.

Bojovic, Draskovic, Popovic & Partners has announced the launch of its Environmental, Social, and Governance department led by Partner Milica Pesteric.

Court fees represent an important part of the costs in every legal proceeding. Matters related to court fees in the Republic of Serbia are currently regulated by the Law on Court Fees and the Fee Tariff contained within that law.

Radovanovic Stojanovic & Partners has advised the Soravia Group on its sale of the Radisson Collection Hotel Old Mill Belgrade – through a share deal for all shares in Prigan DOO – to the Delta Real Estate Group.

Harrisons has advised the EBRD on its EUR 5 million loan to Banca Intesa Belgrade for on-lending to women-led businesses.

Accountability is one of the key notions both in GDPR and the Serbian Data Protection Act.

In June 2023, JPM Jankovic Popovic Mitic announced that it will operate under the JPM & Partners brand name going forward, a step in the firm's journey towards a regional format.

On May 25, 2023, CEE Legal Matters reported that Hristov & Partners had advised e-commerce-focused digital company Aiopsgroup on its sale to IT development and services tech group Valantic. CEELM reached out to Hristov & Partners Partner Pavel Hristov to learn more about the deal. 

Zivkovic Samardzic has advised US venture capital fund TinySeed on its investment in video automation software developer Plainly. Radovanovic Stojanovic & Partners advised Plainly's shareholders.

The Ministry of Mining and Energy of the Republic of Serbia published the public call for auctions for awarding of market premiums (in the form of CfD) for wind and solar projects earlier today (Wednesday, 14 June 2023).

In the latest installment of our series on the risks presented by artificial intelligence (AI), we delve into the risk management framework released by the esteemed American National Institute of Standards and Technology (NIST).

The year 2021 was the most successful ever for the Serbian startup ecosystem, with local startups attracting over €120 million in investments and the Serbian tech sector exceeding $1.7 billion in export revenue in 2021. The Government’s ‘’Strategy for the Startup Ecosystem Development of the Republic of Serbia for the period from 2021 to 2025’’ aims to accelerate the development of the startup ecosystem and encourage innovation even more. As one of the main instruments of doing so, RS has introduced good-old tax reliefs and incentives.

Former NKO Partners Senior Associate Branko Jankovic has been promoted to a Partner position with the firm. 

CEELM: First, congratulations on winning the DOTY! Tell us a bit about the deal and your firm’s role in getting it across the finish line.

CEELM: First, congratulations on winning the DOTY!

Despite facing various challenges brought on by unfavorable market trends and the global events that shaped them, the Serbian real estate market continued to grow in the last quarter of 2022 according to a press release by the Serbian Republic Geodetic Authority (RGA).

Contributed by Jankovic Popovic Mitic

The Ministry of Finance of the Republic of Serbia has recently issued the opinion no. 011-00-313/2022-04 (“the Opinion”), which refers to taxation of the fees paid by resident legal entities to non-residents for leasing servers abroad.