Prica & Partners > Belgrade, Serbia > Firm Profile

Prica & Partners
RESAVSKA 31
11000 BELGRADE
Serbia

Serbia > Commercial, corporate and M&A Tier 2

Independent commercial law firm Prica & Partners fields a full-service practice across all areas of business law. The team consistently advises Serbian and international companies on corporate and commercial transactions, M&A, incorporations and contract drafting, along with corporate governance, shareholder issues and restructurings. Co-leading the group are Danica Gligorijević, a specialist in M&A, corporate law, energy, infrastructure and tax matters, and Ana Čalić Turudija, who has longstanding experience of advising on significant M&A transactions. Also integral to the practice is managing partner and corporate, M&A and commercial law expert Mihajlo Prica.

Testimonials

I am always impressed by their professionalism, solutions-focused attitude and interpersonal skills.

I regard all of them as great colleagues.

The services of this law firm are very professional.

The team is very professional and proactive.

Great client handling, reaction times and quality of documents.

Very competitive in the international environment.

Key clients

Innova Capital

The Rohatyn Group

AstraZeneca

Acibadem

AirBnb

Wizz Air Hungary

Bain Capital

Corteva

Procter & Gamble

dm drogerie markt

Borealis

American Councils

The Government of the Republic of Serbia

IGT-Europe

Sandoz

Alpiq Energy

H&M Hennes & Mauritz

ENEL

Abbott Laboratories

JUB

Panasonic

Sanofi

Grundfos

Shell

HBO

Cisco

Boehringer

Vroom

Abbvie

Syngenta

Mercator

Work highlights

  • Alongside another Serbian law firm and in cooperation with Lazard as financial adviser, advised the Government of the Republic of Serbia on the sale of a majority shareholding in Komercijalna banka to Nova Ljubljanska Banka.
  • Advised Turkish healthcare group Acibadem on the Serbian aspects of a cross-border project, through which it acquired a 70% stake in Serbian private healthcare company Bel Medic.
  • Assisted (in cooperation with an international law firm) Rohatyn Group (a privately owned hedge fund sponsor) with the sale of Pet Network International.

Serbia > Competition Tier 2

Prica & Partners‘ ‘very strong practice‘ routinely advises on the competition law aspects of M&A deals and joint ventures. It also assists with clients' day-to-day competition matters, including reviewing business strategies and ensuring regulatory compliance with the applicable competition legislation. Other areas of activity include handling cases involving restrictive agreements, vertical restraints, abuses of dominant position and cartels, as well as assisting clients with dawn raids and leniency applications. Darija Ognjenović has longstanding competition law experience and Tijana Lalić‘s sector expertise covers banking and finance, retail and IT services. Associate Ana Krstić is also a key team member.

Testimonials

A very strong practice, with strong and competent individuals.

Able to respond quickly to various questions.

Consistently in-depth and prompt advice.

A very strong team.’

The team consists of dedicated members, who are responsive, pragmatic problem solvers.

They are solutions driven, and understand that with this type of mandate time is always of the utmost importance.

Darija Ognjenović stands out. She is responsive, helpful and creative in meeting clients’ needs and expectations.

Tijana Lalić is a very approachable and effective communicator, who understands complex business issues and is able to offer tailored advice.

Key clients

AstraZeneca

Grundfos

Abbott

LafargeHolcim

AbbVie

Procter & Gamble

Ferrero Group

Sanofi

dm drogerie markt

Acibadem

Inelo

Mondi

The Rohatyn Group

Syngenta

Sandoz

Asseco SEE

Work highlights

  • Assisted LafargeHolcim with a merger notification before the relevant authorities in Serbia, further to its acquisition of Firestone Building Products from Japan’s Bridgestone Corporation.
  • Assisted Innova Capital with the sale of Trimo Group’s Serbian subsidiary to Irish Kingspan, which was cleared in a phase 2 proceeding before Serbia’s competition authority.
  • Assisted the Rohatyn Group with the sale of Pet Network International, which included an analysis of the relevant markets and review of the merger notification filing with the Serbian Competition Authority.

Serbia > Employment Tier 2

Prica & Partners‘ practice is well known for advising on the employment issues arising from corporate acquisitions, the establishment and termination of employment contracts, restructuring-related redundancies, compensation policies, employee share purchase plans, disputes and the employment of foreign nationals. The group also has a significant practice focused on stock options and employment-based stock benefits for foreign companies with Serbian subsidiaries. Practice head Tijana Lalić has over 17 years’ experience in labour disputes before the Serbian courts, including mobbing cases, and senior associate Jelena Živanović and associate Jovana Obradović both have notable immigration expertise.

Practice head(s):

Testimonials

Deep knowledge. Collaborative and very engaged legal advisers.

The team acted promptly, and we were advised on every potential outcome and then professionally guided to choose the best possible solution for our company.

They advise clients on the potential risks and how to avoid them.

Unique for its reliability, knowledge and professionalism.

Highly responsive, clear and precise.

We were presented with options regarding each potential issue in a timely manner, and were then assisted with choosing the right one for our firm.

Jelena Živanović is great – she provides deep knowledge, efficiency and crucial legal support, as well as timely responses and availability.

Jelena Živanović and Jovana Obradović were highly professional and collaborative when dealing with our company’s labour issues.

Key clients

AbbVie

Grundfos

AstraZeneca

H&M Hennes & Mauritz

dm drogerie markt

Borealis

WizzAir

L’Oréal

EssilorLuxottica

Crédit Agricole

Société Générale

Abbott

Cisco

Syngenta

Sandoz (Novartis division)

Vroom

Atos

Sika

Syneos Health

QCerris

Work highlights

  • Assisted AbbVie on the employment structure in Serbia following the company’s global integration with Allergan.
  • Advising WizzAir on an ongoing basis on various employment and labour law matters, including termination issues, mobbing and related court proceedings.
  • Advised Sanofi on the implementation of a 2021 employee share offering, which was reserved for employees of its group companies, including in Serbia.

Serbia > Banking and finance Tier 3

Prica & Partners routinely advises banks, financial institutions, insurance companies and real estate investment firms on banking and finance matters. The client list also includes private equity funds, corporations, state-owned enterprises, asset managers and debt collectors. Department head Mihajlo Prica‘s broad practice includes general lending and acquisition, asset, structured and project finance, along with NPL portfolio acquisitions, and Tijana Lalić specialises in banking and finance, insurance and financial services.

Practice head(s):

Testimonials

The team provides timely and relevant advice, and is dedicated to making sure the deal succeeds.

They have good contacts with various registers and authorities, and are dedicated to finding practical solutions to obstacles.

We were extremely happy with how the team managed the deal’s various pressures.

Manages to find practical compromises with opposing lawyers.

Large, experienced team with practical knowledge and a business-oriented approach.

Very knowledgeable in banking and finance transactions.

Good cooperation, very responsive and nice to work with.

Great local knowledge and experience, with a straight-to-the point approach – very good value for money and very responsive.

Key clients

The Rohatyn Group (TRG Management)

UniCredit

Banca Intesa

The China Development Bank, Fujian Branch

The Government of the Republic of Serbia

ING Bank (Shanghai Branch)

Mercator (member of Fortenova Group)

Istrabenz Plini

Crédit Agricole

Direktna banka

Work highlights

  • Advised (alongside Lazard as financial adviser) the Government of Serbia on the sale of a majority shareholding in Komercijalna banka to Nova Ljubljanska Banka.
  • Advised Mercator, as guarantor, on FNG’s €1bn financing.
  • Assisted the China Development Bank, Fujian Branch on a new loan facility for Zijin Bor Copper (the Serbian unit of China’s Zijin Mining Group) for the reconstruction and extension of the Bor copper project.

Serbia > Dispute resolution Tier 3

Representing corporations, states and public enterprises, Prica & Partners‘ dispute resolution practice routinely acts in corporate disputes, including cross-border litigation, and domestic and international arbitration. Its expertise extends across a range of industry sectors, from finance, real estate and technology, to energy, pharmaceuticals, construction and manufacturing. Ana Calic-Turudija and Tijana Lalić, who ‘understands clients and their needs‘, are both commercial arbitration specialists. At associate level, Jovana Obradović acts in major insolvency proceedings.

Other key lawyers:

Testimonials

Great expertise and the necessary level of contact, which result in positive outcomes.

They stand their ground and are very assertive.

The team that I worked with was professional, knowledgeable, motivated and engaged.

The most relevant thing to consider is a successful track record, and our experience with Tijana Lalić is nothing but positive.

Tijana Lalić understands clients and their needs.

Key clients

Hrvatska Elektroprivreda

Fujifilm

AstraZeneca

Transagent

Mytilineos Holdings

Duferco

Wizz Air Hungary

Lampsa

Corteva

Work highlights

  • Representing the national power company of Croatia, Hrvatska elektroprivreda, in debt recovery proceedings against Serbia’s national power company, Elektroprivreda Srbije.
  • Representing BMP (Belgrade), a subsidiary of Lampsa Hellenic Hotels, in three ongoing high-value labour-related cases.
  • Acting for WizzAir in a number of misdemeanour proceedings, which relate to the transport of passengers without valid travel documents or visas.

Serbia > Projects and energy Tier 3

Advising on both transactional and regulatory work, Prica & Partners‘ client base comprises oil and gas, renewable and power companies, as well as project developers, investors and construction businesses. Heading up the practice are energy, infrastructure and project development expert Ana Čalić Turudija and energy and infrastructure specialist Danica Gligorijević. The associate to note is Jovana Obradović, who regularly advises on the acquisition, sale and development of energy and infrastructure assets.

Other key lawyers:

Key clients

MET Holding

CJR Renewables

Ayen Energy Trading

Enel Trade

Alpiq Energy

Istrabenz Plini

Shell Adria

Uniper

Work highlights

  • Advised Alpiq Services CZ on the expected implementation of a new carbon border adjustment mechanism for non-EU countries.
  • Advised energy company MET Holding on obtaining and retaining the status of privileged power producer for its indirect subsidiary, Wind Park Plandište.
  • Advising the local subsidiary of MET Holding on both supply agreements and regulatory issues.

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.

DepartmentNameEmailTelephone
Banking & Finance Tijana Lalićtlalic@pricapartners.com+381 11 3031 885
Competition Darija Ognjenovićdognjenovic@pricapartners.com+381 11 3031 885
Corporate and M&A Danica Gligorijevićdgligorijevic@pricapartners.com+381 11 3031 885
Data Protection & Privacy Jelena Živanovićjzivanovic@pricapartners.com+381 11 3031 885
Dispute Resolution Ana Čalić Turudijaacalic@pricapartners.com+381 11 3031 885
Employment & Immigration Jovana Obradovićjobradovic@pricapartners.com+381 11 3031 885
Energy & Natural Resources Ana Čalić Turudijaacalic@pricapartners.com+381 11 3031 885
French Desk Ana Čalić Turudijaacalic@pricapartners.com+381 11 3031 885
Infrastructure Projects Danica Gligorijevićdgligorijevic@pricapartners.com+381 11 3031 885
Intellectual Property Zorana Kostićzkostic@pricapartners.com+381 11 3031 885
Italian Desk Jelena Živanovićjzivanovic@pricapartners.com+381 11 3031 885
Manufacturing & Industrial Vladimir Perićvperic@pricapartners.com+381 11 3031 885
Media & Technology Mihajlo Pricamprica@pricapartners.com+381 11 3031 885
Montenegrin Desk Darija Ognjenovićdognjenovic@pricapartners.com+381 11 3031 885
Pharmaceuticals & Healthcare Tijana Lalićtlalic@pricapartners.com+381 11 3031 885
Restructuring & Insolvency Vladimir Perićvperic@pricapartners.com+381 11 3031 885
Telecommunications Ana Čalić Turudijaacalic@pricapartners.com+381 11 3031 885
Serbian
English
Italian
Montenegrin
Bosnian
Croatian
French
Russian
Spanish
Nextlaw Global Referral Network
Associated European Energy Consultants (AEEC)
Serbian Arbitration Association
Italian-Serbian Chamber of Commerce

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

Market

  • 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

Environment

  • 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.