The Legal 500

Karanovic & Nikolic

RESAVSKA 23, 11000 BELGRADE, SERBIA
Tel:
Work +381 11 3094 200
Fax:
Fax +381 11 3094 223
Web:
www.karanovic-nikolic.com
Email:
Zagreb, Skopje, Sarajevo, Podgorica, Belgrade, Banja Luka

Serbia : Competition

Within Competition, Karanovic & Nikolic is a first tier firm,

Rastko Petaković heads an ‘expert’ competition team at Karanovic & Nikolic. He represented IDEA in two proceedings before the Serbian courts, where a €11m fine imposed by the competition authority was successfully overturned, and also advised MK Group on competition aspects of its potential acquisition of Hellenic Sugar. Dragan Karanović and Bojan Vucković are other key figures.

Serbia : Corporate, M&A and privatisation

Within Corporate, M&A and privatisation, Karanovic & Nikolic is a first tier firm,

Clients consistently refer to the high levels of professionalism and dedication at Karanovic & Nikolic. The 12-lawyer corporate team assisted an international construction company with its acquisition of a Serbian target. Slobodan Doklestić heads the department, and is advising a multinational holding company on the corporate restructuring of several of its Serbian businesses. Jelena Vučković is noted for her ‘extensive knowledge and experience’, and acts as lead adviser for Marriott International and Spanish fashion retailer Inditex.

Serbia : Legal market overview

Within Legal market overview Leading individuals

Serbia : Real estate

Within Real estate, Karanovic & Nikolic is a first tier firm,

Karanovic & Nikolic has been assisting Industrial Building Corporation in its attempt to secure financing from EBRD for the development of a 30,000sq m logistics centre in Belgrade. The four-lawyer real estate team has also been advising Rio Tinto on a mining project in Loznica, and acting for Securum Equity Partners on the acquisition of land for a 1,000MW solar park. Miloš Vucković is recommended.


Legal Developments by:
Karanovic & Nikolic

  • Corporate Recent News Highlights

    Recently in Serbia, a set of laws governing the business operations of companies has been adopted. Among them the most important is the new Company Law, which came into force on 1 February 2012.
    - Karanovic & Nikolic

Legal Developments in Serbia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Opinion issued on public procurement and consortium agreements

    The Commission for Protection of Competition has issued an opinion(1) on public procurement and consortium agreements concluded between competitors in tendering and public procurement procedures.
  • Opinion issued on public procurement and consortium agreements

    The Commission for Protection of Competition has issued an opinion(1) on public procurement and consortium agreements concluded between competitors in tendering and public procurement procedures. The commission views consortium agreements as restrictive agreements, as they inevitably set prices and other commercial requirements for performing specific transactions. Therefore, such agreements must be submitted to the commission for an individual exemption.
  • Competition Authority clears three-to-two concentration in sugar market

    In February 2013 the Competition Authority cleared the takeover of Hellenic Sugar Industry SA by Sunoko doo, subject to structural and behavioural measures. Hellenic Sugar is the only producer of sugar in Greece which also owns two sugar production plants in Serbia. Sunoko, on the other hand, is a producer of sugar in Serbia, part of MK Group, a vertically integrated producer of agricultural products and also has various other activities related to agricultural production. The authority prohibited the takeover at first, but clearance was issued on a second attempt.
  • Competition Authority publishes results of petroleum derivatives market analysis

    In February 2013 the Competition Authority published the results of its sector analysis of the petroleum derivatives markets in Serbia in 2011. The analysis, carried out between April and
  • Mergers & Acquisitions 2013. Chapter 37 Serbia.

    This guide provides corporate counsel and international practitioners with a comprehensive worldwide legal analysis of the laws and regulations of mergers and acquisitions. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Mergers & Acquisitions; published by Global Legal Group Ltd, London. www.iclg.co.uk.
  • Real Estate 2013. Chapter 33: Serbia

    This guide provides the international practitioner and in-house counsel with a comprehensive worldwide legal analysis of the laws and regulations of real estate. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Real Estate; published by Global Legal Group Ltd, London. www.iclg.co.uk )
  • The Two Corporate Governance Systems in the New Serbian Companies’ Act

    The pivotal moment for the business environment in Serbia is February 2012: the moment when the new Companies’ Act (the Act) comes into force. The new law, reflected in around 600 articles in the Act, will be the cornerstone for all companies in Serbia, whether LLC, JSC, partnership, or entrepreneur. The Act introduces two new, intricate, distinctive systems of corporate governance.
  • Serbia: New financial institutions regulator in Serbia

    Serbia's National Bank (Amendment) Act (Official Gazette of the Republic of Serbia, no. 76/12) established the Financial Institutions Supervisory Authority [Uprava za nadzor nad finansijskim institucijama] (“FISA”). The FISA is designated as a specialised regulatory unit within the National Bank (i.e. Serbia's central bank) with responsibility for and corresponding powers to supervise certain financial services and their providers in Serbia.
  • Corporate Recovery and Insolvency 2012 - Serbia

    A creditor may take security over a debtor’s assets under Serbian law in several ways.
  • Serbia: Capital Markets: New bylaws

    Belgrade Stock Exchange