Firms To Watch: Competition

In July 2023, Joint law office Marić in cooperation with Kinstellar merged with SOG Law Firm to become SOG in cooperation with Kinstellar, where the local competition and compliance service line is led by competition and antitrust specialist Olga Šipka, a former Moravcevic Vojnovic and Partners in cooperation with Schoenherr lawyer.

Firms in the Spotlight Competition

Jusufovic & Partners

Jusufovic & Partners logo

Jusufovic & Partners law firm was created at the beginning of 2018 by a team of experts who have incorporated their long-standing knowledge and experience acquired during their careers in large law firms into independent practice that successfully operates within the Republic of Serbia and the region, in cooperation with domestic and foreign partners.

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Competition in Serbia

Gecic Law

With ‘unparalleled expertise in competition’, Gecic Law‘s practice routinely acts for clients throughout the Western Balkans in major investments and M&A transactions. Other areas of specialism include antitrust investigations, state aid, antitrust litigation, and EU competition and trade. The competition and state aid practice is led by the ‘focused and methodical’ founding partner Bogdan Gecić, while Ivana Stojanović Raišić ‘possesses outstanding knowledge of competition law, EU regulations and state aid’. Other key practitioners are Branko Gabrić, an adviser on competition, governance and compliance, and competition law specialist Vuk Leković.

Practice head(s):

Bogdan Gecić; Ivana Stojanović Raišić; Branko Gabrić

Other key lawyers:

Vuk Leković


Its unparalleled expertise in competition, EU law, state aid issues, and interactions with international institutions is unique in the market.’

‘Their approach to cases is systematic and efficient.’

‘Their experience in successfully handling the most complex cases clearly illustrates their capabilities.’

‘They provide the highest quality of service, with true enthusiasm and dedication – ready to tackle any challenge.’

‘Commitment to innovation is impressive and meaningful for clients.’

‘Bogdan Gecić plays a pivotal role in overseeing all matters. He is focused and methodical in his work.’

‘Bogdan Gecić combines expertise and vast experience in specific areas of law, with an excellent understanding of the broader implications of each matter, which is a rarity in the local legal market.’

‘Ivana Stojanović Raišić possesses outstanding knowledge of competition law, EU regulations, and state aid, coupled with strong commitment and diligence in her work.’

Key clients


Delivery Hero

Telekom Group

State of Bosnia and Herzegovina

Elektroprivreda BIH


Klett Group

Government of Serbia

Western Balkans 6 CIF

Arena Channels Group

M:tel BiH


Work highlights

  • Representing Telekom Group, a pan-regional telecoms and multimedia company, in an ongoing high-stakes competition and antitrust legal battle with a key rival and its affiliates (affecting 30-plus jurisdictions and over 140 entities).
  • Represented the State of Bosnia and Herzegovina and Elektroprivreda BiH in a competition and state aid-related process before the Energy Community and courts, involving a $1.1bn investment in the energy sector.
  • Advising CIBT on its inaugural substantial investment venture in Serbia.

JPM & Partners

Key areas of expertise for JPM & Partners‘ competition team, which is particularly focused on cross-border matters, are high-end international mergers and cartel investigations. Other notable specialisms include dawn raids, defence strategies for potential antitrust and damages claims, and restrictive agreements and individual exemptions. With ‘great experience in handling complex merger control procedures’, Nikola Poznanović leads the competition and antitrust department, which includes Bojana Javorić Mićović, who was promoted to partner in February 2023, and the ‘very responsive, practical and reliableŽivko Simijonović. Luka Hajduković and Katarina Savic are are other names to note.

Practice head(s):

Nikola Poznanović

Other key lawyers:

Bojana Javorić Mićović; Živko Simijonović; Luka Hajduković; Katarina Savic


Completes complex tasks within agreed timelines.’

‘Clients receive the service in the shortest possible time and their requests regarding deadlines are always met.’

‘All the team members show an exceptional level of professionalism.’

‘Excellent knowledge, good contacts at the Competition Authority, and responsive and practical.’

‘Nikola Poznanović has great experience in handling complex merger control procedures.’

‘Nikola Poznanović has great commercial knowledge of various industry sectors. Good contacts at the Serbian Competition Authority, too.’

‘Bojana Javorić Mićović’s input is very helpful and well timed.’

Živko Simijonović is very responsive, practical and reliable.

Key clients

Knjaz Miloš Serbia


Total Energies

Assicurazioni Generali S.p.A.

Gauselmann group

Noventiq Holding PLC


National Alliance for Local Economic Development (NALED)


Pini Holding S.r.l.

Dulux Group Limited

INTELLYA d.o.o. Beograd

Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH


AIK bank

Banca Intesa

Erste Bank


OTP Bank

Procredit Bank

Raiffeisen Bank

Unicredit Bank

NLB Komercijalna banka

RBA bank (now operating as a part of Raiffeisen bank)

Payten d.o.o. Belgrade.

Messer SE & Co. KGaA

Toyota Tsusho Europe S.A

Work highlights

  • Advised National Alliance for Local Economic Development, together with payment institutions and banks, on the individual exemption of a restrictive agreement from prohibition.
  • Advised Messer SE & Co. KGaA and Toyota Tsusho Europe S.A. on the merger control procedure regarding the creation of a joint venture.
  • Advised Knjaz Miloš and PepsiCo Inc on merger control procedures before the Serbian and Montenegrin competition authorities.

Karanovic & Partners

Definitely the firm to work with’, Karanovic & Partners acts for multinational, regional and domestic clients in the SEE region on major regional transactions with multi-jurisdictional features, as well as high-profile antitrust investigations. The main advisers are senior partner Rastko Petaković, who is particularly focused on private equity, TMT and fast-moving consumer goods clients; Bojan Vučković, the ‘absolute top choice for cartel and merger work’; and Bojana Miljanović Hussey, whose track record includes several significant merger control and antitrust matters. The team further features rising stars Mladen Vujić and Jelena Obradović.

Practice head(s):

Rastko Petaković; Bojan Vučković; Bojana Miljanović Hussey

Other key lawyers:

Mladen Vujić; Jelena Obradović


‘The go-to team for competition law matters in Serbia and other CEE/SEE countries where they have offices. They are also well connected in other countries in the region where they do not have offices.’

‘They are very professional, know the authorities well, are fast at responding, and offer pragmatic and thought-through solutions.’

‘They are definitely the firm to work with and fully recommended for any competition law issue.’

‘Rastko Petaković and Bojan Vučković are star practitioners with impressive track records.’ 

‘Bojan Vučković and Mladen Vujić are very knowledgeable and highly recommended competition lawyers.’

‘The practice is truly unique in covering the whole of the SEE region and the West Balkans. They provide top-quality advice alongside international standards and a deep understanding of local specifics. The best law firm choice for any country north of Greece and south of Hungary.’

‘Bojan Vučković stands out – great overview of matters and with strategic foresight. Absolute top choice for cartel and merger work.’

‘Bojana Miljanović Hussey is a great technical lawyer and communicator.’

Key clients

Saudi Aramco

Deutsche Lufthansa AG


ALFI Private Equity Fund


Heinzel Group

Schwarz Group

Nippon Express Holdings, Inc.

Work highlights

  • Assisted Saudi Aramco with merger control proceedings in Serbia, Slovenia and Albania (in cooperation with local lawyers), which concerned the acquisition of the Global Products Business of Valvoline, Inc.
  • Assisted VINCI Energies with merger control processes in Serbia, Montenegro and Albania (in cooperation with local lawyers), regarding the acquisition of Kontron AG’s IT services business in the Czech Republic, Slovakia, Poland, Croatia, Serbia, Albania, Montenegro, North Macedonia, Germany and Switzerland.
  • Assisted Slovenian private equity fund Alfi with merger control processes in Serbia, Montenegro, Croatia and North Macedonia, regarding the acquisition of Sportina Group.

Moravcevic Vojnovic and Partners in cooperation with Schoenherr

Moravcevic Vojnovic and Partners in cooperation with Schoenherr‘s recent mandates include antitrust investigations into alleged cartels and abuses of dominant positions. The group also fields experts in merger control proceedings, damages actions, state aid issues, and competition law compliance. Srdjana Petronijević heads the EU competition practice group for the Balkans, while Danijel Stevanović advises on competition law and FDI control matters. The practice further includes Zoran Šoljaga, a former senior legal adviser at the Serbian Commission for Protection of Competition, and Minela Šehović, who assists with merger control proceedings.

Practice head(s):

Srdjana Petronijević

Other key lawyers:

Danijel Stevanović; Zoran Šoljaga; Minela Šehović; Nina Rašljanin


Experts, professionalism, proactiveness, and broad experience.’

‘Composed of excellent competition law practitioners who are appreciated for their professional dedication and detailed assessment of every competition law issue.’

‘They know how to handle complex proceedings before the Competition Authority.’

‘Knowledge, professionalism and responsiveness.’

‘They provide legal commentaries and news updates about the activities of the competition authorities in the region and EU (and new practices), which are very valuable.’

‘A modern law firm that uses new tools and new ideas in the provision of its legal service.’

‘Srdjana Petronijević is a prominent antitrust lawyer, who is particularly valued for her strategic approach and level of expertise. Srdjana is a great team leader and a person who is easy to reach and to work with. She is able to provide clear advice and to find practical solutions to complex matters.’

‘Zoran Šoljaga – great experience, punctual, and thinks out of the box.’

Key clients

Ford Otosan




Schaeffler AG



Austrotherm GmbH

Fiat Chrysler Automobiles



Apatinska pivara (Molson Coors)

Alma Quattro





Japan Tobacco International

Intesa Sanpaolo Bank










Unicredit Group


Oaktree Capital


Pepsico Group

L’Oréal Group

Work highlights

  • Successfully assisted Microsoft with obtaining merger control clearance from the Serbian Competition Authority, in relation to its intended purchase of Activision Blizzard for $68.7bn.
  • Advised NielsenIQ on merger control proceedings regarding the acquisition of sole control of GfK SE.
  • Advised Audi AG and Islero Investments AG on merger control proceedings in front of the Serbian, Montenegrin, Macedonian and Albanian competition authorities, regarding Audi AG’s acquisition of joint control over Sauber Holding AG.

BDK Advokati AOD

A great local team with an international mindset’, BDK Advokati AOD‘s areas of specialism include the assessment of commercial contracts, commercial policies, business models, and transactions. The team also stands out for its state aid law specialism, along with the firm’s competition law expertise in the life sciences and telecoms sectors. The group additionally assists with compliance matters and infringement proceedings. The principal figures are Tijana Kojović, who ‘has extensive knowledge of competition law’, and Montenegro-based Bisera Andrijašević, an adviser on the competition and regulatory issues concerning life sciences.

Practice head(s):

Tijana Kojović; Bisera Andrijašević


‘A great local team with an international mindset. Clients are always happy to work with them.’

‘BDK Advokati provides unique and tailor-made competition advice.’

‘Tijana Kojović – a very focused and experienced lawyer who is always approachable.’

‘Bisera Andrijašević – an excellent, friendly, smart lawyer, who is easy to work with.’

‘They are knowledgeable not only about Serbian competition law and practice, but also EU regulation and court practice.’

‘Great team – quality work, responsive, friendly, and moderate fees.’

‘Tijana Kojović has extensive knowledge of competition law and also a very friendly approach to clients.’

‘Bisera Andrijašević impresses with her competition law knowledge and communication skills. If it is already not yet the case, she will become one of the star players on the Serbian competition law market.’

Key clients

Nomad foods

Mutares SE & Co

Paulaner Group

Fortenova Grupa

Manpower Group

Froneri Adriatic

Logo company limited


Letter one


Orbico Group

Open pass limited

Work highlights

  • Representing Mutares before the Serbian Commission for Protection of Competition, concerning Mutares’ acquisition of Arriva’s bus operator in Serbia.
  • Representing Paulaner before the Serbian Commission for Protection of Competition in a merger notification case, concerning Paulaner’s acquisition of an Oettinger Braurei GMBH production site.
  • Advising Fortenova on the merger filing case before the Serbia and Montenegro competition authorities, concerning the sale of Sberbank’s stake in Fortenova Grupa to Indotek.

Doklestic Repic & Gajin

One of the leading competition practices in the region’, Doklestic Repic & Gajin is the exclusive Serbian member for the Vogel Global Competition Network. The team regularly advises major Serbian companies, along with multinationals’ local subsidiaries, on competition work, including competition matters across the Western Balkans. The group also regularly handles mandates involving EU competition law. The practice is headed up by Dragan Gajin, who ‘has established himself as one of the preeminent competition lawyers in the region’. Gajin is flanked by managing partner Slobodan Doklestic, a private antitrust enforcement specialist.

Practice head(s):

Dragan Gajin

Other key lawyers:

Slobodan Doklestic


‘One of the leading competition practices in the region.’

‘Clear and proactive advice, excellent availability, and great people to work with.’

‘Dragan Gajin is a go-to lawyer in Serbia. Clients appreciate his responsiveness, sound judgement and collaboration. Excellent knowledge of competition law.’

‘Dragan Gajin responds immediately to clients’ requests and clients always receive structured and comprehensive advice. It is evident that he knows not only the legal regulations, but also how to evaluate and apply the existing decision-making practices of the Competition Authority.’

‘Very agile team with fast response times and a pragmatic approach.’

‘The team is razor focused on service delivery and understanding clients’ needs. This team delivers advice in a user-friendly way.’

‘Dragan Gajin has established himself as one of the preeminent competition lawyers in the region and entirely deserves that reputation. Great to work with, due to both his technical skills and ability to give clear and concise advice.’

‘Dragan Gajin is an outstanding competition expert – he is always available, and provides prompt and pragmatic advice even for the most complex matters. Highly recommended.’

Key clients

MOL Nyrt

KKCG Group

MET Group

EP Corporate Group

Nelt Group


Philip Morris

Carlsberg Serbia

Farmalogist d.o.o.

Všeobecná úverová banka

Slovenská sporiteľňa

Tatra banka

Československá obchodná banka

Mitsui Group

ARP Group

Work highlights

  • Provided merger control and document review support to MOL Group, in relation to its acquisition of OMV Slovenia.
  • Provided merger control support to MOL Group, in relation to its acquisition of a Polish operator of gas stations, Lotos Paliwa.
  • Provided merger control support to Agencja Rozwoju Przemysłu and GRI Renewable Industries, in relation to the planned establishment of a joint venture that will develop and manufacture offshore wind towers.

Prica & Partners

Providing ‘sound, commercially-driven advice’, Prica & Partners advises on the competition law side to corporate acquisitions, mergers, joint ventures, and business partnerships. The team also assists with daily business operations, including competition law-related compliance. Darija Ognjenović is an expert in merger clearances, restrictive arrangements, and block and individual exemptions, along with state aid and Serbian Competition Authority proceedings; and Tijana Lalić advises clients from the pharmaceutical, retail, and banking and finance sectors. Ana Krstić‘s wide-ranging workload also covers the clearance of acquisitions before the Serbian Commission for Protection of Competition.

Practice head(s):

Darija Ognjenović; Tijana Lalić; Ana Krstić


‘The team is reactive and available.’

‘They provide sound, commercially-driven advice.’

‘Consistently demonstrates a deep understanding of competition law.’

‘Has a great ability to navigate through complex antitrust issues and provide pragmatic solutions that are adapted to the client’s situation.’

‘They have a client-centric approach and always provide advice in a timely manner.’

‘Their responsiveness and accessibility make them a trusted partner for addressing legal challenges.’

‘The individuals at Prica & Partners have a positive attitude and are focused on the needs of the client.’

‘They are dedicated to understanding and meeting the needs of stakeholders and act with high ethical standards. A great can-do attitude.’

Key clients





Procter & Gamble

Ferrero Group

dm-drogerie markt




Corteva Agriscience

Work highlights

  • Representing Klett before the Serbian Commission for Protection of Competition, in pending antitrust proceedings regarding alleged abuse of dominance in the primary school textbook market.
  • Representing Ferrero in numerous concentration clearances, further to the acquisition of international companies.
  • Representing Yageo in two merger clearance proceedings before the Serbian Commission for Protection of Competition.

Radovanovic Stojanovic & Partners AOD

With immense expertise and market experience’, Radovanović Stojanović & Partners AOD acts in a range of proceedings before the competition authorities. The team also comprises experts in multi-jurisdictional merger control filings, and has extensive experience in vertical restraints. With ‘tailor-made solutions for any problem that may occur’, competition and antitrust law head Raško Radovanović is experienced in antitrust compliance programmes, dawn raids, individual exemption procedures, competition authority investigations, and vertical restraints and dominance abuse matters; Anja Tasić is merger control and state aid head; and Živko Kovačević is ‘a committed lawyer’.

Practice head(s):

Raško Radovanović; Anja Tasić

Other key lawyers:

Živko Kovačević


‘The practice is very well connected in the SEE region – a one-stop-shop, not only in cases concerning Serbia, but also other jurisdictions, such as Montenegro, Albania and North Macedonia.’

‘In addition to Raško Radovanović, clients are particularly impressed by Anja Tasić. She is extremely proactive and professional, always available, and hands on. It is a pleasure to work with her.’

‘The work is very professional and always reliable. It should also be emphasised that the team members have excellent language skills, especially in English and German.’

‘Highly professional team with immense expertise and market experience.’

‘Devoted to the client and its needs, they always manage to find optimal solutions, even in delicate and highly complex matters. RSP sets the standard for competition law firms in Serbia.’

‘Raško Radovanović is extremely competent and has tailor-made solutions for any problem that may occur, which is very much appreciated when dealing with highly complex issues. He and Anja Tasić complement each other well, never failing to steer clients in the right direction.’

‘Anja Tasić’s advice is always prompt, reliable and straight to the point.’

‘Živko Kovačević  is a committed lawyer, who possesses a great deal of experience in competition matters and is very reliable.’

Key clients

British American Tobacco (BAT)



Porsche Holding

Porsche Bank AG (Porsche Finance Group)

Metro Cash & Carry

Wienerberger AG

Samsung Electronics


MK Group


Atalian Global Services



B&C Gruppe


Work highlights

  • Representing Porsche Holding in an antitrust investigation, initiated by the Serbian Competition Authority for alleged resale price maintenance in agreements with local dealers.
  • Advised Wienerberger AG on the merger control aspects of its acquisition of Terreal Holding.
  • Advising Michelin on the antitrust aspects of complex distribution arrangements and related individual exemption proceedings at the Serbian Competition Authority.

Subotic & Jevtic - Attorneys at Law

Highly recommended’ boutique law firm Subotic & Jevtic - Attorneys at Law fields ‘great lawyers’, who are sector experts in media, IT, IP,  telecoms, pharmaceuticals, and banking and payments. Recent experience for the group includes both high-stakes investigations and state aid proceedings. Highly rated for her ‘command of competition law’, founding partner Milica Subotić has a strong track record in antitrust cases, merger control proceedings, and non-contentious competition work. Providing key support, competition law practitioner Andreja Petrović is an expert in internal and governmental investigations, as well as regulatory and compliance procedures.

Practice head(s):

Milica Subotić

Other key lawyers:

Andreja Petrović


‘Able to satisfy high expectations in terms of quality of service, but without the heavy fixed costs and administrative constraints endemic to most large law firms.’

‘The assurance that sound, thought-out advice and assistance can be had only a phone call or email away gives clients great confidence in their activities.’

‘Milica Subotić is the best choice when companies that are active in Serbia and the region need clear, comprehensive and practical legal advice on any competition law and state aid matter.’

‘Milica Subotić – professional, efficient and always to the point.’

‘They are great lawyers and easy to work with. Highly recommended.’

‘Provides high-quality work.’

‘Milica Subotić is experienced and provides great know-how in terms of handling complex cases.’

‘Milica Subotić – clients vouch for her excellent understanding and command of competition law.’

Key clients

Air Serbia


Nexe Group

Payten d.o.o.

iStyle Stores


Banca Intesa a.d. Belgrade

Novo Nordisk d.o.o.

Atlantic Grupa, d.d., Croatia

Asseco SEE d.o.o, Belgrade

Lidl, KD, Serbia

Work highlights

  • Acting for Atlantic grupa d.d., Croatia before the Serbian competition authority in an investigation concerning possible anti-competitive conduct (together with Strauss Adriatic d.o.o.).
  • Representing Polet Keramika d.o.o., before the Serbian Competition Authority in potential retail price maintenance claims.
  • Representing Atlantic grupa d.d., Croatia before the Serbian Competition Authority, in obtaining a merger clearance decision for its acquisition of Serbian coffee producer Strauss Adriatic d.o.o.

Bojovic Draškovic Popovic & Partners

Focused on merger control work and abuse of dominant market positions, Bojović Drašković Popović & Partners‘ team acts for clients from the TMT, pharmaceutical, healthcare, energy, automotive, manufacturing, and retail and consumer goods sectors. Qualified in both Serbia and the US, competition team head Uroš Popović routinely advises on the competition aspects of M&A deals. The practice is also home to Simona Vračar, who assists with a range of competition-related matters.

Practice head(s):

Uroš Popović

Other key lawyers:

Simona Vračar


‘Professionalism, experience, out-of-box thinking leaded us to successful completion of every legal matter on which we had worked on.’

‘We are highly satisfied with the firm and from our point of view everything is quite good.’

‘Uroš Popović is highly professional and capable to provide advice for any question we might have. Uroš was the one who worked closely with us and showed a wealth of knowledge in this legal field, as well as skills needed in the negotiation process.’

‘The firm takes an innovative approach to compliance, helping clients not only navigate legal frameworks but also proactively develop strategies that prevent antitrust issues.’

‘Bojovic Draskovic Popovic & Partners is known for its forward-thinking solutions that address the evolving landscape of competition law.’

‘Uroš Popović stands out as a true competition expert, embodying a unique combination of skills, knowledge, and experience that sets him apart in the field of competition law.’

‘Several key attributes contribute to Uroš Popović’s recognition as an expert in this specialized domain: in-depth legal knowledge (he possesses a profound understanding of competition law, demonstrating mastery in areas such as antitrust regulations, merger control, and related legal intricacies), proven track record (Uroš’s expertise is evidenced by a track record of successful cases and favourable outcomes for clients), a keen sense of strategic thinking, recognition from peers, industry organizations, and similar.’

‘The team has extensive experience in navigating the complexities of competition law on an international scale, making them a go-to choice for businesses with cross-border operations.’

Key clients

Mosburger GmbH


Soprema Group

The Association of the Cement Industry of Serbia – CIS

The Walt Disney Company

MSC Global Shipping Company


Philips Domestic Appliances



Work highlights

  • Advising Mosburger on the clearance for implementation of a concentration, filed after the acquisition of sole control of a target company in Italy.
  • Advising Prohuman on the competition aspects of the acquisition of the majority stakes in two target companies in Serbia.
  • Advising Soprema Group on the merger control procedures for its acquisition of a target in Serbia.

BOPA Bojanovic & Partners

Key areas of work for BOPA Bojanovic & Partners range from merger notifications, state aid, and franchising, distribution and restrictive agreements, to trade-related issues, market investigations, dawn raids, and dominant position issues. With ‘a passion for getting clients the results they desire’, Vladimir Bojanović heads the firm’s competition and antitrust department, which also showcases Aleksandra Stojanović (a June 2023 hire from Doklestic Repic & Gajin), who maintains a broad competition and antitrust workload.

Practice head(s):

Vladimir Bojanović

Other key lawyers:

Aleksandra Stojanović


‘The BOPA competition team is made up of professionals who always stick to their deadlines – that is only one of the reasons for which they are a very pleasant team to deal with.’

‘Vladimir Bojanović – aside from being an excellent and experienced attorney, he is always sincere, caring, and professional.’

‘Aleksandra Stojanović truly cares about her client’s interest, and she is always available for clients’ company needs.’

‘Their communication level is extremely good and they are very responsive to the numerous requirements of clients. Strongly recommended.’

‘Vladimir Bojanović has a passion for getting clients the results they desire.’

‘Vladimir Bojanović has a strong work ethic, and is always going above and beyond for his client’s needs.’

‘Aleksandra Stojanović has extensive knowledge of competition law and is outstanding in her consultancy, providing excellent and usable advice.’

‘Aleksandra Stojanović always goes the extra mile, and she is very proactive during the work and projects. She has a strong approach to getting the job done.’

Key clients

Diófa Alapkezelő Zártkörűen Működő Részvénytársaság

NLB d.d. Ljubljana

Hayat Biotech LTD, UAE

Costa Limited UK

Lego Group

Warner Bros. Discovery

Lufthansa Group


Costa Coffee

Wizz Air

Work highlights

  • Assisted with the merger application to the Serbian Competition Authority for the acquisition, by Diófa Alapkezelő Zártkörűen Működő Részvénytársaság, of sole control over Gordiusz Private Equity Fund.
  • Assisting with the submission of the merger application to the Serbian Competition Authority, in relation to the formation of a joint venture company by Hayat Biotech and the Republic of Serbia for manufacturing vaccines.
  • Assisted with the preparation and filing merger notification with the Serbian Commission for Protection of Competition, regarding the acquisition of sole control over Sberbank banka d.d. Ljubljana (Slovenia) by NLB d.d. Ljubljana.

Joksovic, Stojanovic & Partners

Joksovic, Stojanovic & Partners‘ ‘experienced legal experts’ consistently act for large distribution firms from a range of industries. Representative experience for the practice includes the competition aspects of major M&A deals and other transactional work. The group is co-led by Milan Joksovic, who advises on competition compliance and distribution agreements, in addition to acting before the Serbian Commission for Protection of Competition; and Petar Stojanovic, who is ‘great to work with’.

Practice head(s):

Milan Joksovic; Petar Stojanovic


‘Adapts to clients’ needs in unique situations.’

‘The firm understands Serbian law, but also the special needs of international clients.’

A very professional and diverse team with an always-available dedicated person.’

‘Commercial and legal knowledge of the industry and the market that are at an exceptionally high level.’

‘Always ready to listen and learn, and advise and act in a very professional and ethical manner.’

‘Experienced legal experts with a great understanding of different aspects of business.’

‘Petar Stojanovic is great to work with.’

Key clients

Robert Bosch


Renault Nissan


Rail Cargo Austria


Merck Sharp & Dohme (MSD)

Sandvik Rock and Mining Technology

Fondacija Alek Kavcic, Serbia

Alek Kavcic Foundation, USA

GrECo International

Denta Pharm


Work highlights

  • Acted for Fondacija Alek Kavcic before the Commission for Protection of Competition, in an abuse of dominant position procedure involving participants in the market for school books for primary school children.
  • Advises Robert Bosch on various competition law matters, including distribution contracts.
  • Advised Merck Inc on the local aspects of its global spin off, in which new company Organon was created.

Law Office Miroslav Stojanovic, in cooperation with Wolf Theiss

Law Office Miroslav Stojanovic, in cooperation with Wolf Theiss‘ track record encompasses transactions requiring competition expertise, including merger filings, leniency programmes, restrictive agreements, and market and dominance issues. The Belgrade office, which also has notable experience in state aid matters, both at local and EU levels, houses ‘highly competent lawyerKatarina Ranđelović, along with Jovan Mićović, and Aleksandar Jezdimirović. Guenter Bauer heads the firm-wide competition and antitrust team from Vienna.

Practice head(s):

Guenter Bauer

Other key lawyers:

Katarina Ranđelović; Jovan Mićović; Aleksandar Jezdimirović; Miroslav Stojanović


‘There is great communication and cooperation from all members of the team.’

‘They are open-minded, proactive and problem-solving lawyers.’

‘Katarina Ranđelović is well organised, experienced, very accurate, and a highly competent lawyer.’

‘Katarina Ranđelović provides swift, precise and practical feedback, and smoothly coordinates complex transactions.’

Key clients

Aramis S.A.S.


KKR & Co. Inc


Work highlights

  • Advising Aramis on the acquisition of shares and sole control over Onlinecars Vertriebs GmbH, which included submitting the notification to the Serbian Commission for the Protection of Competition.
  • Advising AGROFERT on the acquisition of the nitrogen business of Borealis, which included submitting the notification to the Serbian Commission for the Protection of Competition.
  • Regularly assists KKR, and many of its portfolio companies, with competition cases.

NKO Partners

Delivering ‘expert advice that is tailored to clients’ needs’, NKO Partners assists with the competition aspects of mergers, acquisitions and restructurings. The team also advises on the impact of antitrust and competition legislation on clients’ day-to-day operations, the prevention of restrictive and prohibited practices. Competition department head Djuro Otašević, whose ‘knowledge of the law in Serbia is second to none’, is highly active in the energy and pharmaceutical sectors.

Practice head(s):

Djuro Otašević


‘A firm of excellent qualities that provides its services at a reasonable price.’

‘They prioritise clients’ interests and work closely with them to understand their goals and concerns.’

‘Djuro Otašević has extensive knowledge of competition law.’

‘They provide expert advice that is tailored to clients’ needs.’

‘They are well organised, provide a very efficient, quick advice, and have a deep understanding of what clients want and how they work.’

‘Displays an excellent understanding of the law.’

‘Djuro Otašević has an excellent understanding of competition law.’

‘Djuro Otašević’s knowledge of the law in Serbia is second to none and he manages a very competent team.’

Key clients


DR. Max

Penta Investment

Actavis Pharmaceutical

PepsiCo International

Marbo Product


CTP Group


Konica Minolta


Knauf Insulation


AIK Bank

Work highlights

  • Advising Heineken’s key legal advisors on the competition aspects of its day-to-day operations.
  • Advising  PepsiCo International, and its local subsidiary, on the competition aspects of its day-to-day operations.
  • Assisted Konica Minolta with the procedure initiated before the Serbian Competition Commission, in relation to alleged bid rigging in public procurement procedures.

Petrikic & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz

One of the most professional and responsible legal teams on the market’, Petrikic & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz‘s Belgrade competition department specialises in merger control, antitrust, and state aid matters, particularly in relation to multi-jurisdictional competition matters. With ‘extensive expertise’, Srđan Janković, who heads the Belgrade competition, commercial, public procurement and TMC practices, routinely acts before the national competition protection authorities in a range of proceedings.

Practice head(s):

Srđan Janković


‘The CMS Belgrade team smoothly leads clients through merger clearance processes.’

‘What stands out compared to other law firms is that the Belgrade team ensures that clients receive top-level service in the entire region.’

‘Srđan Janković has extensive experience in the telecoms market. Beyond his high-level legal expertise, he provides very hands-on business advice and pays great attention to the specific situation of the client.’

‘Cooperation is always very professional and smooth.’

‘Srđan Janković impresses with his interpersonal skills and assertiveness.’

‘One of the most professional and responsible legal teams on the market.’

‘Unique experience in trade and distribution law. They are possibly the most experienced team in that field. Very transparent with billing and always offer several options to clients.’

‘Srđan Janković knows clients’ business very well and has extensive expertise in the Serbian telecoms market.’

Key clients

Ahold Delhaize

Apcom Distribution

Janssen Serbia

A1 Serbia

A1 Telekom Austria Group

Yıldırım Holding A.Ş.

Kansai Helios Group


HDL Design House


Lumen Technologies, Inc.


CA Immo

Work highlights

  • Providing day-to-day advice to Delhaize Serbia on different antitrust and merger-related matters in Serbia.
  • Providing full-scale, day-to-day competition law support to Apcom Distribution, including representation before the Serbian Competition Authority.
  • Assisting Janssen Serbia with a variety of commercial and Pharma compliance matters, including competition distribution-related issues.

Stankovic & Partners (NSTLAW)

Stankovic & Partners (NSTLAW) is increasingly active in merger clearances and restrictive agreement exemptions. The team also assists with competition compliance and investigations. The group is co-led by name partner Nenad Stankovic, whose track record includes includes several high-stakes antitrust cases; and ‘leading expert in distribution agreements’, Mitar Simonovic, whose sector expertise covers the pharmaceutical, FMCG, and food and drink industries. Teodora Markovic also assists high-level clients with competition law issues.

Practice head(s):

Nenad Stankovic; Mitar Simonovic

Other key lawyers:

Teodora Markovic


‘Professionals who are experts and proactive.’

‘Nenad Stankovic, Mitar Simonovic and Teodora Markovic provide a truly excellent and responsive service.’

‘The EU and competition team at Stankovic & Partners has an impressive range of knowledge.’

‘Nenad Stankovic’s experience, both in Serbia and internationally, provides a useful perspective for international businesses.’

‘Clients are impressed with their ability to provide a full service in this area, and support clients with all their key business arrangements involving EU/competition considerations.’

‘Nenad Stankovic is a very experienced person.’

‘Mitar Simonovic is a leading expert in distribution agreements and exclusive agreement test analyses.’

‘Teodora Markovic is a valuable member of the team.’

Key clients

Apatinska pivara Apatin (part of Molson Coors)

Trebjesa doo Niksic (part of Molson Coors)

Work highlights

  • Advising Apatinska Pivara on the competition aspects of sales and distribution agreements, as well as assisting with its business and sales compliance policies.
  • Continues to act for Trebjesa and Swinkels Family Brewers on key agreements relating to the production of milk and dairy products (and whether these fall under the exemption regime).