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"Wolf Theiss opened its first office in Vienna in 1957 and soon established a reputation as one of Austria’s leading law firms. The firm has since grown into a multinational team of over 600 people, around 300 of whom are lawyers. It has offices* in Albania, Austria, Bosnia and Herzegovina, B..." read more
"The owner of the office, Mr Tomislav Sunjka, was born on November 12 1973. In 1997, he graduated from the Law Faculty in Novi Sad, Vojvodina, the Republic of Serbia. He started to work voluntarily at the Belgrade Stock Exchange as a junior barrister. He passed the Bar examination in 1998 and..." read more

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Overview

Serbia’s coalition government has taken its time to deal with competing internal interests since its election, and in the process some of the momentum behind the boom areas of privatisation and real estate development has slowed. However, this may have happened in any event, since it is now generally agreed that the process of privatisations which began in 2001 has nearly run its course. The eagerly anticipated sales of the Serbian oil and gas producer and distributor, and telecommunications provider did not take place as planned during the last year, leaving these and the nationally-owned rail and electricity industries as the remaining attractive opportunities for foreign investors who were not tempted by the tender for the sale of Yugoslav Airlines.

A wide choice of local Serbian law firms in Belgrade is complemented by firms with associations with Austria’s Wolf Theiss Vienna in co-operation with Serbian lawyers, Schönherr and CMS Reich-Rohrwig Hasche Sigle. French heavyweight Gide Loyrette Nouel operates without a local partner. Harrisons Solicitors and Joksovic, Stojanovic & Partners have an office in Montenegro, with several other firms planning to follow suit to capitalise on the opportunities to pick up real estate mandates there, which are now overtaking those available in Serbia itself.


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Legal Developments in Serbia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

  • Serbian e-laws update

     
    - Joksovic, Stojanovic & Partners

  • Competition Newsletter, July 2009

    Serbian Parliament passed the new Competition Law earlier this month but voted to put it into effect as of 1 November. Most notably, for procedures commencingas of November, the Commission will impose fines and other sanctions directly, up to 10% of the parties’ revenues. The new law completely remodels all procedures before the Commission. The revision did little to change the substantive approach to competition rules thus keeping the law essentially compliant with EU rules.
    - Karanovic & Nikolic

  • IP News August 2009

    Registration of the extended European patent in the Register of Patents at the Intellectual Property Office of the Republic of Serbia.
    - Karanovic & Nikolic

  • Mergers and Acquisitions 2009 - Serbia

    A practical insight to cross-border Mergers and Acquisitions
    - Schönherr

  • New Draft Law Unveiled

    The new draft Competition Law has recently been published by the Ministry of Trade. It features a number of novelties, the most significant one being the Competition Commission's ability to impose sanctions directly (up to 10% of annual turnover).
    - Karanovic & Nikolic

  • Cessation of the Right of use of the Construction Land

    Recently we talked about what and which kinds of structures have to be constructed in order to transfer the right to the structure under construction. Purchase of a company or simulation of mortgage enforcement enable the desired transaction and/or acquisition of the structure under construction. It is not exactly what the investors like witnessing, but at least it does not prevent them from accomplishing their goal.
    - Joksovic, Stojanovic & Partners

  • Transfer of title to the construction projects

    How to transfer the title to a construction project? Why the most simple sale of a construction project causes problems in practice? How shall we, at purchasing a construction project, acquire the rights arising from the building permit or obtain the building permit in our own name? What is the influence of „legal constructions“ on the transaction quality and necessity thereof due to non-existence and/or inconsistency of regulations?
    - Joksovic, Stojanovic & Partners

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