Prica & Partners > Belgrade, Serbia > Firm Profile

Prica & Partners
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Serbia > Commercial, corporate and M&A Tier 2

The ‘best in class’ for some clients, Prica & Partners‘ track record includes several groundbreaking transactions. The practice covers corporate and commercial deals, M&A, incorporations, contract drafting, corporate governance, shareholder issues, divestments, and restructuring. Co-leading the department, Danica Gligorijević is a specialist in M&A and corporate law, as well as energy, infrastructure and taxation; and Ana Čalić Turudija‘s experience includes a raft of M&A deals. The practice also features Mihajlo Prica, an adviser on corporate, M&A and commercial matters, and Ana Krstić, who also assists with corporate and commercial transactions.

Practice head(s):

Danica Gligorijević; Ana Čalić Turudija

Other key lawyers:


‘The commercial and corporate team at Prica & Partners is exceptional to work with as it is consistently responsive, and its ability to navigate complex business issues is excellent. Recommended without hesitation.’

‘Prica & Partners is dedicated to its clients.’

‘A well-organised team, with excellent and extensive legal knowledge.’

‘A very professional team that is dependable and thorough.’

‘A firm that clients can count on to ensure they remain compliant. Best in class and clients are pleased with what the firm has to offer.’

‘They are always ready to support the client and provide all the needed information and instructions well in advance (so the client is aware of the process), and they follow up on matters very effectively.’

‘Danica Gligorijević and Ana Čalić Turudija are pivotal to the team’s highest-profile mandates, both being able to provide very practical and solution-oriented advice.’

‘Ana Krstić is responsive and ensures clients understand what the state of play is.’

Key clients



Wizz Air Hungary Ltd.


Procter & Gamble



dm-drogerie markt



IGT-Europe B.V.

Inos Balkan


Abbott Laboratories










Hendor Capital

Work highlights

  • Advised MET Holding on the restructuring of its subsidiary in Serbia.
  • Advised the UK’s Hendor Capital on the restructuring of its subsidiary in Serbia.
  • Advising dm-drogerie markt, a Germany-headquartered European retail chain, on all aspects of its business in Serbia.

Serbia > Competition Tier 2

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.

Serbia > Employment Tier 2

Prica & Partners‘ coverage ranges from M&A-related employment issues, the establishment and termination of employment and restructurings, to redundancies, compensation policies, benefits, employee share purchases, disputes, and the employment of foreign nationals. Tijana Lalić has longstanding experience in labour disputes, including mobbing cases, and is a specialist in golden parachutes and non-compete arrangements; and Jelena Živanović, who ‘provides practical solutions to time-critical issues’, has particular expertise in the immigration aspects of employing foreign nationals in Serbia, as well as employment-related data privacy issues. Jelena Edelman‘s wide-ranging practice encompasses labour litigation.

Practice head(s):

Jelena Živanović; Jelena Edelman

Other key lawyers:


Always provides practical legal advice and they are very responsive.’

‘The team provides legal advice and support efficiently.’

‘Very knowledgeable on legal issues – highly professional, and they respond quickly and efficiently.’

‘The team has the ability to advise on employment law questions accurately – very detailed and timely (if not early) responses to any question.’

‘Their experience in employee share offerings and grants, as well as compensation and benefits, is very valuable, and enables the implementation of new structures for Serbian employees by multinational companies. 

Danica Gligorijević and Jelena Živanović are very professional, conscientious, client focused and responsive. Their proactive work is very precious, as they foresee any issues, enabling clients to resolve problems even before they occur.

‘Jelena Živanović is very responsive and provides practical solutions to time-critical issues.’

‘It is always great to work with Jelena Živanović – clients are very happy with her service.’

Key clients




dm-drogerie markt

Parexel International





EssilorLuxottica S.A.

Crédit Agricole SA

Société Générale




Schneider Electric



Work highlights

  • Advised Cisco on the transfer of a large number of employees, following Cisco’s acquisition of Syrmia Networks in Serbia.
  • Advised PAREXEL INTERNATIONAL HOLDING B.V. on the employment of a large number of foreign nationals and the implementation of an international work force structure within the local company.
  • Advised L’Oréal on the implementation and execution of its employee share purchase plan in Serbia.

Serbia > Banking and finance Tier 3

Advising on a broad range of banking and finance services, the client base of Prica & Partners‘ ‘very flexible’ banking and finance practice ranges from banks, financial institutions, insurance companies and real estate investment firms to private equity funds, corporations, state-owned enterprises, asset managers, and debt collectors. Managing partner and team head Mihajlo Prica has longstanding banking and finance expertise, and Tijana Lalić specialises in banking, finance, insurance and financial services.

Practice head(s):

Mihajlo Prica; Tijana Lalić


Very flexible and excellent response times.’

‘Both collaboration and professionalism are at high levels.’

‘Requests are treated very smoothly and they understand clients’ situations. Overall, a very positive experience.’

‘Approach to clients, prompt and complete resolution of arising issues, comprehensive involvement in the project, and good operational assistance.’

‘Differ from competitors in that they are always open to discussions (both orally and in writing), and very prompt at getting in touch with detailed and elaborate comments.’

Key clients

Stopanska banka AD – Skopje

Banca Intesa

The China Development Bank, Fujian Branch

ING Bank N.V.

Fortenova Grupa d.d.

Istrabenz Plini

Crédit Agricole

Eurobank Direktna


Hungarian Export Promotion Agency

Work highlights

  • Successfully represented Eurobank Direktna a.d. Belgrade (ex Piraeus Bank) against the Republic of Serbia in damages proceedings before the High Court of Belgrade, which involved proving a mistake of the state authorities.
  • Advised Fortenova Grupa d.d, a Croatian company, Poslovni Sistem Mercator d.o.o, a Slovenian company, and Mercator-CG doo, a Montenegrin company (all part of Fortenova Group) on the Montenegrin aspects of a €1.2bn financing.
  • Assisting The China Development Bank, Fujian Branch, with granting a new loan facility to Zijin Bor Copper.

Serbia > Dispute resolution Tier 3

The ‘very competent’ dispute resolution practice at Prica & Partners is routinely mandated to resolve corporate disputes (including cross-border matters) through both litigation and international and domestic arbitration. The practice’s sector expertise covers finance, real estate, technology, energy, pharmaceuticals, construction, and manufacturing. Ana Čalić Turudija is experienced in domestic and international commercial (as well as ad hoc) arbitrations, and Tijana Lalić  focuses on commercial disputes before domestic and international commercial arbitration committees.

Practice head(s):

Ana Čalić Turudija; Tijana Lalić

Other key lawyers:

Jovana Obradović; Ana Krstić


‘From the legal service point of view, the law firm implements innovations that aim to improve and facilitate contact and service. Conducting online meetings and conferences is very helpful for certain clients.’

‘The individuals stand out as very competent and have extensive knowledge.’

‘They suggest different ways to resolve problems and indicate the options that best suit clients, while at the same time leaving clients space to take their own positions and make decisions.’

Great partner availability and engagement.

Solid communication and case-management skills.

Very quick responses to clients’ queries.

Key clients

HEP Hrvatska Elektroprivreda dd


Transagent Operator

Mytilineos S.A.


Wizz Air Hungary Ltd


Corteva Agriscience



Prof. dr Miloljub Albijanić




IGT Europe Gaming B.V.

dm drogerie markt



Work highlights

  • Representing Croatian national power company Hrvatska elektroprivreda in debt recovery proceedings against Serbian national power company Elektroprivreda Srbije.
  • Representing BMP d.o.o. Belgrade in three ongoing high-value, labour management cases.
  • Representing Transagent doo Beograd in an unjustified termination of service agreement claim against Nelt doo Beograd.

Serbia > Projects and energy Tier 3

Prica & Partners‘ ‘truly unique’ energy group acts for oil, gas, renewable and power companies, along with project developers, investors and construction companies on project developments, financings, obtaining licenses, and EPC and BOP contracts. Ana Čalić Turudija is an expert in energy, infrastructure and project developments; Danica Gligorijević is also active in energy and infrastructure work; and Jovana Obradović assists with the development, acquisition and sale of energy and infrastructure assets.

Practice head(s):

Danica Gligorijević; Ana Čalić Turudija

Other key lawyers:


‘This practice is truly unique in its specialised focus on energy-related legal matters.’

‘Potential clients would be interested to know about the team’s in-depth knowledge of the energy sector, their ability to navigate complex regulatory frameworks, and their track record in successful outcomes.’

‘Compared to other firms, their deep industry expertise and client-centric approach set them apart.’

In terms of innovation, they’ve embraced technology to streamline processes and enhance client communication. The commitment to diversity and collaboration within their team has also been notable, contributing to a more comprehensive and effective service.

‘The individuals at Prica & Partners stand out for their exceptional responsiveness and commitment to client needs.’

‘Their ability to provide quick and accurate legal guidance sets them apart from competitors.’

‘Clients value their proactive communication, dedication, and seamless cooperation with client teams.’

‘Outstanding legal professionals whose expertise, tailored solutions, responsiveness, strategic insight, dedication, trustworthiness, clear communications, and results-driven approach make them indispensable to clients.’

Key clients

MET Holding AG

Hrvatske Elektroprivrede (HEP)

Ayen Energy Trading

Enel Trade SpA

Alpiq Energy SE

Istrabenz Plini

Shell Adria


CJR Renewables

EZ-5 Energy

Work highlights

  • Advising MET HOLDING AG on the restructuring project of local subsidiary MET SRB.
  • Advising CJR Renewables on the drafting and negotiation of contracts for the construction of wind parks.
  • Advising Mytilineos Renewables SA on a number of potential projects in Serbia.

Drawing on tradition, inspired by the future: The family Prica has been leading the legal profession in Serbia and the region for over 120 years. The firm known as Prica & Partners was established in 1900 by Dr Ilija Prica, the great-grandfather of the firm’s current managing partner Mihajlo Prica.

Prica & Partners today: Today, Prica & Partners is a full-service commercial law firm with a rich history of serving corporate clients, governments and financial institutions. The firm was the first legal services provider to specialise in foreign investments in Serbia and the provision of corporate legal advisory.

We offer a comprehensive range of legal services in the core areas of business law. Our team has an extensive, long-standing tradition of practicing in all areas of commercial law with strong international outlook.

Our legal expertise combines sector-specific insight, with premier legal knowledge to benefit of our clients’ industry-specific needs. We solve problems quickly and work tirelessly to guard the business and strategic interests of our clients. Clients value our long heritage, which has uniquely positioned us to set the standard for domestic best practice and to lead the development of the legal profession in our market.

Prica & Partners works on a variety of projects, from airports, luxury brands, telecommunications, financial services and fast-moving consumer goods to high-profile mergers and acquisitions, joint ventures, concessions, privatisations, disputes, real estate deals, competition matters, banking and finance, employment and intellectual property.

The firm boasts over twenty legal specialists and is organised as a true partnership.

Our approach is to provide in-depth professional analysis, comprehensive business law services and an integrated team approach. We are committed to our values of the highest professional integrity, mutual trust and respect and making straightforward and customised business solutions to best serve the needs of our clients. Our team is recognised for its expertise and consistent quality in research, analysis, drafting, support in negotiations, as well as representation before the Serbian courts and international arbitral institutions.

Over the years we have maintained a close professional relationship with the leading international law offices active in our market, which makes us a local force for global ventures.

International reach: We provide professional, high-quality legal services to clients in Serbia, Montenegro, North Macedonia and Bosnia & Herzegovina. In order to serve our clients’ regional needs, Prica & Partners works with the regional network of leading law firms called “Lawyers & Friends – SE European Legal Network”.  This network encompasses regional law offices, which are based in Slovenia, Croatia and North Macedonia. All law firms in the Lawyers & Friends network apply internationally recognised professional and ethics standards and share their knowledge and experience.

Memberships: Prica & Partners is an active member of the Serbian business community. We are members of several chambers of commerce, which we use to connect with the business community and stay on top of specific issues that impact the business of our client base. Prica & Partners is also a member of specific industry related organisations, which gives our experts the opportunity to meet regularly with industry players and exchange the latest information regarding the latest sector, legal and economic developments at the European level.

Department Name Email Telephone
Banking & Finance Tijana Lalić +381 11 3031 885
Competition Darija Ognjenović +381 11 3031 885
Corporate and M&A Danica Gligorijević +381 11 3031 885
Data Protection & Privacy Jelena Živanović +381 11 3031 885
Dispute Resolution Ana Čalić Turudija +381 11 3031 885
Employment & Immigration Jovana Obradović +381 11 3031 885
Energy & Natural Resources Ana Čalić Turudija +381 11 3031 885
French Desk Ana Čalić Turudija +381 11 3031 885
Infrastructure Projects Danica Gligorijević +381 11 3031 885
Intellectual Property Zorana Kostić +381 11 3031 885
Italian Desk Jelena Živanović +381 11 3031 885
Media & Technology Mihajlo Prica +381 11 3031 885
Montenegrin Desk Darija Ognjenović +381 11 3031 885
Pharmaceuticals & Healthcare Tijana Lalić +381 11 3031 885
Telecommunications Ana Čalić Turudija +381 11 3031 885
Nextlaw Global Referral Network
Associated European Energy Consultants (AEEC)
Serbian Arbitration Association
Confindustria Serbia
Newton Arbitration

At Prica & Partners we make a strong effort to act professionally, responsibly and ethically in everything we do. We are committed to upholding the highest standards in the legal community. From pro bono legal work, supporting legal education and training to giving back to the community, we are committed to making an impact in our society.

Supporting legal education

Many of our core CSR initiatives are focused around training “would-be” lawyers and the legal business community. In October of 2016, we launched the Prica & Partners Academy which offers concisely designed in-house training courses to the business community to help independent members gain additional know-how and reach optimal legal solutions in order to avoid possible far-reaching and costly litigation.

We also participate in and support various initiatives organised by the Serbian Chamber of Commerce on the practical application of legislation in business.

We regularly support initiatives of the University of Belgrade, Faculty of Law. We support their annual pre-moot competition and conference, in addition to other programmes.

Responsible business

We take particular care about our working, social and natural environment, which is long-term commitment in the interest of not only our law firm, but the economy and the wider community. As part of our commitment to responsible business we have identified four equally important areas where we implement the following standards:

Corporate governance

  • transparent procedure for the selection of employees
  • publicly available data on company ownership structure
  • publicly available financial reports


  • comprehensive information available regarding services and applicable procedures
  • special procedures regarding complaints

Working environment

  • guaranteed equal employment opportunities
  • guaranteed equal opportunity for career advancement
  • appropriate health and safety measures


  • official environmental policy
  • employee awareness of official environmental policy
  • application of the principles of “green procurement”

Community contributions

At Prica & Partners, we believe in supporting the efforts of local business, charities and the artistic community. Through supporting development of our local community, we support the overall image of Serbia in the global market and the development of socially responsible business and behaviour in our domestic market.