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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.
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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.
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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.
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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
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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.
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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 )
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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.
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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.
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A creditor may take security over a debtor’s assets under Serbian
law in several ways.
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Belgrade Stock Exchange