Gecic Law logo

Gecic Law

News and developments

Press Releases

Gecić Law Celebrates Another Landmark Victory at The Lawyer European Awards 2025

November, 2025 Gecić Law proudly celebrates a major triumph at The Lawyer European Awards 2025, winning the distinguished title of Law firm of the Year South Eastern Europe for the third time.  The ceremony at London’s JW Marriott Grosvenor House brought together Europe’s most influential legal practitioners, and Gecić Law once again stood out as one of the continent’s most dynamic and progressive firms.  This victory reinforces our position at the forefront of legal innovation while marking yet another milestone in our long-running story of growth and excellence. A Year of Recognition That Speaks Volumes The 2025 awards mark the eighth consecutive year that Gecić Law has earned finalist status — a rare and notable achievement, especially for an independent firm from the CEE and Balkan region.  This consistency underscores our expanding influence and unwavering commitment to quality across every aspect of our work. Winning the award for the third time adds a powerful new milestone to this legacy.  It highlights the firm’s achievements and leadership role in shaping the region’s legal and business environment.  The award honors our team that continues to deliver bold, innovative, sophisticated, and strategically important cross-border work.  Gecić Law has become a firm that surprises, inspires, and consistently outperforms expectations. A Narrative of Strength, Innovation, and Vision This year’s success stands on the shoulders of earlier achievements.  We celebrated wins in 2020 and 2021, we made history in 2022 with the largest number of nominations of any firm across Europe, and we continued to demonstrate excellence in 2023 and 2024 with multi-category finalist recognition.  The 2025 victory amplifies this long-term momentum and signals a law firm that continues to grow in sophistication, insight, and strategic capacity.  Reaching the finals in both nominated categories further elevates the significance of the win.  It shows that Gecić Law’s capabilities extend far beyond a single area of expertise — they span across the continent, industries, and disciplines. Aditionally, the award comes at an especially important moment in our European expansion.  This year we established our Brussels office, which has positioned us as the only independent CEE and Balkan firm with a permanent presence at the heart of EU decision-making.  This strategic expansion continues to elevate our ability to deliver value in matters with European-wide implications.   Founding Partner Bogdan Gecić on the Victory “We are immensely proud of this achievement,” said Bogdan Gecić. “Winning this award reflects the extraordinary drive, creativity, and discipline of our team. Being shortlisted in both categories shows how broad and deep our capabilities have become. This recognition encourages us to aim even higher as we continue shaping the future of legal practice in Southeast Europe and throughout the EU.” A Stage That Highlights Europe’s Best The Lawyer European Awards carry immense prestige within the global legal community.  Corporations such as L’Oréal, Citi, Siemens, Shell, and Nestlé contribute judges who evaluate firms based on innovation, strategic clarity, operational excellence, and cross-border capability.  Winning Law firm of the Year South Eastern Europe on this stage demonstrates that Gecić Law ranks among Europe’s most forward-thinking and impactful law firms.   This achievement marks another step in our extraordinary journey — one defined by ambition, resilience, and a vision of excellence that resonates far beyond our region. With renewed momentum, Gecić Law continues shaping the future of the European legal landscape.  
12 December 2025
Press Releases

Gecić Law Supports EBRD and ENEF II on Smart Energy Investment

1 October, 2025 Gecić Law is glad to announce its integral role in supporting a significant financial transaction involving the European Bank for Reconstruction and Development (EBRD), Enterprise Expansion Fund II (ENEF II), and Meter & Control, a Serbian company specializing in smart energy metering systems.  This strategic loan aims to boost Meter & Control’s growth, enhance its production capacity, and support its green transition. EBRD and ENEF II Support for Serbian Smart Metering Innovator In a deal valued at €9.1 million, EBRD and ENEF II have committed to a loan to expand Meter & Control.  The company designs and manufactures cutting-edge smart energy metering systems and software.   With support from EBRD and ENEF II, Meter & Control is expanding its production capacity and automation capabilities.  This positions the company as a regional leader in the smart metering sector. As local counsel to EBRD and ENEF II, Gecić Law provided comprehensive legal services.  Our Banking & Finance team ensured the smooth preparation and execution of all legal documents and processes, from legal due diligence to contract review and compliance with Serbian mandatory law.  Additionally, we prepared the necessary security documents, such as mortgages and pledges.  Our counsel on this transaction underscores our commitment to supporting regional growth, sustainability, and green investment. The Gecić Law team comprised Partner Miodrag Jevtić, Counsel Miloš Petaković and Associates Uroš Rajić and Dušan Jablan. Enhancing the Green Economy with Circular Economy Support The funding, part of the European Union’s Western Balkans Investment Framework (WBIF), aligns with the EBRD’s Green Economy Transition (GET) principles.  It aims to strengthen Meter & Control’s capacity to drive energy efficiency through smart grid technologies. Smart meters play a crucial role in transforming energy infrastructures, helping utilities and consumers manage energy use more efficiently. This project is particularly timely for the Western Balkans, where the need for enhanced resource and energy efficiency is becoming increasingly urgent. Gecić Law’s Ongoing Support to EBRD and ENEF II This transaction is another example of Gecić Law’s ongoing dedication to supporting the EBRD and ENEF II in their development projects. In addition to our work on the Meter & Control financing, we have provided legal counsel on other major projects, including the €9 million financing for Silbo, Serbia’s largest cold chain food distributor, and the financing agreement for the expansion of Vega IT, a leading Serbian software development company.  Our close collaboration with EBRD and ENEF II reflects our commitment to fostering the growth of innovative, sustainable businesses in the region. About EBRD and ENEF II Fund The EBRD stands as the foremost institutional investor in Serbia, having invested over €10.2 billion to date.  The Bank’s priorities in Serbia include boosting private-sector competitiveness, advancing the green economy transition, and developing sustainable infrastructure. ENEF II is a fund dedicated to supporting the growth of small and medium-sized enterprises (SMEs) in the region.  Through a co-investment partnership with the EBRD and backed by the European Union, CDP (Cassa Depositi e Prestiti), KfW (Kreditanstalt für Wiederaufbau), and Banca Intesa, ENEF II aims to provide SMEs with the capital and guidance they need to scale their operations and achieve long-term, sustainable growth.  It builds upon the achievements of its predecessor, ENEF, which helped numerous companies in the region expand and thrive. About Meter & Control Meter & Control is a leading Serbian company at the forefront of smart energy metering solutions.  Specializing in the design and production of advanced metering systems, Meter & Control also focuses on software development.  The company enhances energy efficiency through its innovative products.  Their solutions play a key role in modernizing energy infrastructure in the Western Balkans.  These contribute to the development of smart grids.  These improve the management of energy use for both consumers and utility companies.
12 December 2025
Press Releases

First Regional CBAM Conference Held in Belgrade

June, 2025 Powered by Gecić Law, in cooperation with the Responsible Business Hub of the Chamber of Commerce and Industry of Serbia, GIZ Serbia, and the Institute for Global Solidarity, the first Regional Conference on the Carbon Border Adjustment Mechanism (CBAM) was held in Belgrade.  The event brought together key stakeholders from government institutions, the business community, international organizations, and experts to examine the implications of the EU CBAM regulation for the countries of the Western Balkans.  The conference focused on the latest EU initiative to simplify the CBAM framework, the challenges and opportunities the mechanism presents for export-oriented economies in the region, and possibilities for regulatory alignment and cooperation at the regional and international levels. In her opening remarks, the Minister of Domestic and Foreign Trade, Jagoda Lazarević, emphasized that, “Together, we must balance climate ambition and stability, ensuring economic fairness and regional prosperity.  CBAM must not become a barrier separating Europe from the Western Balkans but rather a bridge facilitating Serbia’s successful green transition and deeper integration into the European family.  Let us be partners on this European journey toward a carbon-neutral future—supported and encouraged,” said the Minister, adding that “A share of CBAM revenues should be allocated to Serbia and its regional neighbors to finance decarbonization, industrial modernization, and workforce reskilling. This would promote continued economic stabilization in the region.”, adding that “to this end, a share of CBAM revenues should be allocated to Serbia and its regional neighbors to finance decarbonization, industrial modernization, and workforce reskilling.  This would promote continued economic stabilization in the region.” Marko Čadež, President of the Chamber of Commerce and Industry of Serbia, highlighted the importance of joint action and knowledge exchange.  “CBAM currently applies to companies in the sectors of steel, cement, fertilizers, aluminum, and electricity, but it may soon include the chemical and petrochemical industries, and over time, other sectors and their suppliers as well.  That is why it is important that we use this conference as an opportunity for governments, economies, and experts to jointly define the best responses and strategies.  CBAM is not just a cost and an obstacle, but also an opportunity for investment in the green transition, modernization of production, improvement of energy efficiency, and maintaining access to key markets.  It is also a chance to strengthen regional cooperation and accelerate economic development within the framework of the new Growth Plan for the Western Balkans,” Čadež noted. Bogdan Gecić, Founding Partner at Gecić Law, stressed that timely information and preparedness are vital for the business sector.  “CBAM is not just the world’s first carbon-based tariff — it is a transformative policy tool that will reshape the very foundation of international trade.  For the Western Balkans, its significance goes even deeper: it will fundamentally alter how we trade with the European Union, our most important economic partner.  From now on, trade history will be distinguished as either before or after CBAM.  The responsibility now lies with us to ensure that all stakeholders are equipped to navigate this shift and seize the opportunities it presents,” said Gecić. Delphine Sallard, Senior Advisor at the European Commission’s CBAM team, explained in detail the recently proposed simplification of the CBAM Regulation under the Omnibus Package.  “Proposed simplifications include a new CBAM de minimis threshold to exclude small EU importers with low emissions and reduce overall compliance cost, but ensuring that at least 99% of emissions remain in scope. The reform will also allow for the use of default carbon prices to facilitate the claim of a reduction for an effective carbon price paid in a third country and exclude the manufacturing processes of aluminum and steel downstream goods from the boundaries of the calculation of emissions,” Sallard stated.  Proposed simplifications also include the removal of conditions on the use of default values for the calculation of embedded emissions and extended deadlines for submission of CBAM declaration and surrendering of certificates. The thematic panels attracted particular attention, providing a comprehensive insight into the challenges and opportunities the EU CBAM presents for the region.  The panels addressed key issues — ranging from the administrative and technical challenges faced by companies outside the EU to the impact of CBAM on sectors within its scope, as well as potential strategic and legislative responses of Western Balkan countries.  Among the panelists were representatives of European institutions, the business sector, and legal experts, who emphasized the importance of regional coordination and the availability of technical support. For further information on the panels and panelists, please visit: CBAM Belgrade 2025 | powered by Gecić Law The conclusion of the conference was clear: a unified and strategic approach by the region is essential to maintaining competitiveness and ensuring a successful transition toward sustainable business practices. The Western Balkans must act now.  There is no time to lose.
12 December 2025
Press Releases

Gecić Law Opens Brussels Office – A Landmark Expansion into the Heart of the EU

1 August, 2025 Gecić Law proudly announces the soft launch of its new office in Brussels, establishing a historic foothold in the capital of the European Union.  With this step, the firm becomes the first independent law firm from Central and Eastern Europe and the Balkans to open a permanent office in Brussels – marking a significant milestone in our growth and our region’s deeper integration with EU legal and regulatory frameworks. Located at Avenue des Arts 56, the Brussels office will serve as a strategic bridge between Southeast Europe and the EU, enhancing our capacity to support clients in competition law, regulatory compliance, ESG, artificial intelligence, and other rapidly evolving fields at the European level. “We’re the first independent law firm from the CEE and the Balkans to plant a flag here,” said Bogdan Gecić, Founding Partner at Gecić Law. “And if history is a guide, first‑movers tend to stay ahead of the curve.” A World-Class Leader at the Helm We are honored to introduce Anne MacGregor as the Head of our Brussels Office. Anne brings more than 30 years of experience in EU law and is internationally recognized as one of the Top 100 Women in Antitrust by Global Competition Review.  Her exceptional track record in competition, trade, and regulatory law will ensure that Gecić Law’s Brussels offering is world-class from day one. Anne’s appointment reflects our enduring commitment to delivering elite legal counsel grounded in both expertise and proximity.  Her leadership will guide our clients through complex EU processes and policy changes with unmatched precision. A Milestone for the Region The launch of our Brussels office reinforces Gecić Law’s pioneering spirit.  From being the first firm in the region to launch dedicated ESG and AI legal practices, to now becoming the first to establish an independent office in the EU capital, we continue to shape what it means to practice law in Southeast Europe. This expansion is not just about geography—it’s about vision.  It’s about our belief that businesses and governments across the Western Balkans deserve access to the highest quality legal support, grounded in local understanding and empowered by global insight. A Soft Launch Ahead of a Grand Celebration Today’s announcement marks the beginning of operations in Brussels through an intimate soft launch with our leadership and team.  A broader grand opening event is scheduled for Autumn 2025, which will welcome clients, partners, media, and institutional stakeholders to formally inaugurate the office. Until then, our Brussels presence is fully operational and ready to assist clients on all EU-related matters.
12 December 2025
Press Releases

Landmark Antitrust Victory for ACG in Bosnia and Herzegovina

27 May, 2025 Gecić Law announces another legal victory in a critical antitrust case in Bosnia and Herzegovina.  On May 8, 2025, the Court of Bosnia and Herzegovina delivered a definitive ruling in favor of Arena Channels Group (ACG), BH Telecom, and Mtel a.d. Banja Luka, dismissing in full the antitrust allegations brought by Telemach Sarajevo.  The dispute concerned the partial transfer of broadcasting rights for the Bosnian Premier League.  It also addressed whether the agreement between ACG and BH Telecom breached competition law. The Premier League Case The dispute dates back to March 2021.  At that time, Telemach lodged a complaint with the Competition Council, claiming that the agreement represented unlawful coordination among competitors.  The company further alleged that the parties concluded the deal without ensuring transparency.  It also claimed they failed to conduct a public procurement procedure or initiate an open bidding process.  In December 2021, the Competition Council of Bosnia and Herzegovina dismissed Telemach’s complaint in its entirety. In response, Telemach initiated legal proceedings before the Court of BiH.  The Court initially ruled in Telemach’s favor on procedural grounds, remanding the matter to the Competition Council for reconsideration.  The Council then reassessed the case but ultimately reaffirmed its original findings, rejecting the complaint again on April 24, 2024.  Telemach proceeded to file a second legal challenge, bringing the matter before the Court again. In its final judgment, the Court dismissed Telemach’s claims in their entirety.  The ruling emphasized that the plaintiff had not substantiated the existence of any actual violation of competition law, relying instead on general legal references.  It was further noted that Telemach had made no effort to engage with ACG on possible cooperation.  The Court reiterated that the burden of proof in such matters lies with the applicant and that Telemach, not being a party to the agreement in question, lacked legal standing to demand an individual exemption procedure be applied. This outcome definitively confirms that ACG, BH Telecom, and Mtel did not violate competition law and underscores the legality of the disputed agreement. Commitment to Excellence in Complex Competition Matters This case illustrates Gecić Law’s unwavering dedication to advising on complex competition law matters with precision and strategic insight.  The Gecić Law team was led by founding partner Bogdan Gecić, together with senior associate Vuk Leković, and associate Dušan Jablan. We are proud to have contributed to this significant outcome, which reinforces the integrity of competition law enforcement and broadcasting rights governance in the region.  
12 December 2025
Press Releases

Gecić Law Secures Key Regulatory Approvals for Telekom Srbija Group’s Landmark Telecom Acquisition

April 28, 2025 Gecić Law is proud to highlight its pivotal role in securing the multijurisdictional merger clearances that enabled the successful recent closing of Telekom Srbija Group’s landmark acquisition of strategic digital media assets and major sports broadcasting rights from United Group, as part of a transaction valued at EUR 1.5 billion. The firm’s unrivalled EU & Competition Law team led the regulatory approval process, obtaining merger clearance from the national competition authorities of Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia.  This milestone represents a cornerstone achievement in one of the most significant telecom transactions ever executed in the Western Balkans. Telekom Srbija Group’s Strategic Acquisition: Reshaping the Regional Telecom Landscape The transaction includes Telekom Srbija Group’s acquisition of NetTV Plus, direct-to-home (DTH) operations in Serbia and North Macedonia, and selected Sport Klub broadcasting rights in the Western Balkans.  The strategic move strengthens Telekom Srbija’s market leadership and significantly expands its digital-content portfolio, catering to both regional audiences and the global diaspora. The acquisition marks a major step forward in the company’s regional and international expansion strategy. Regulatory Strategy and Execution Led by Gecić Law As lead legal adviser, Gecić Law guided Telekom Srbija through the complex and highly sensitive merger-control regimes of four jurisdictions.  The firm engaged proactively with national competition authorities and stakeholders, delivering a coordinated, cross-border regulatory strategy tailored to the transaction’s scale and complexity. Bogdan Gecić, Founding Partner of Gecić Law, commented: “This successful multijurisdictional clearance was a decisive moment in the transaction.  It highlights our deep-rooted expertise in competition law and reflects our dedication to supporting transformative deals in the region.  We are honored to support Telekom Srbija in shaping the future of regional telecom.” Recognizing the Team Behind the Success Alongside Bogdan, Senior Associate Vuk Leković played a central role in designing and managing the clearance strategy across all four jurisdictions, while Associate Dušan Jablan provided indispensable analytical support and drafted key submissions.  Marko Jović contributed targeted research and filings, and our trusted local partners ensured seamless coordination with their authorities.  Their collective commitment and mastery of regulatory nuance were instrumental in meeting the ambitious timeline for closing. A Regional Leader in Competition and M&A Advisory With this success, Gecić Law further solidifies its reputation as a trusted adviser on high-profile, cross-border M&A transactions and related competition law matters across Southeast Europe.  The firm remains committed to supporting clients in achieving regulatory certainty and unlocking strategic growth opportunities in evolving markets. Click the link to access a PDF version of our announcement on the signing of this historic transaction.
12 December 2025
Press Releases

Gecić Law Launches Dedicated Sports Law Practice Group

14 May, 2025 Gecić Law is pleased to announce the launch of its new Sports Law practice group, further expanding the firm’s full-service offerings.  After years of significant involvement, specialization, and interest in sports-related legal matters, the firm has formalized this focus by establishing a dedicated practice group in this dynamic field.  This move underscores Gecić Law’s commitment to staying at the forefront of emerging client needs and providing top-tier expertise in niche industries.  The new Sports Law practice will be led by Vuk Leković, who has been a key figure in many of the firm’s sports law engagements and will serve as the Head of Sports Law. Formalizing Sports Law Expertise The establishment of the Sports Law practice group comes as a natural progression for Gecić Law.  The firm’s attorneys have long been active in advising and representing clients in the sports industry, from football and basketball to media and entertainment.  By consolidating this expertise into a dedicated practice, Gecić Law ensures a multidisciplinary approach that leverages the firm’s strengths in competition law, regulatory affairs, intellectual property, corporate law, and dispute resolution, all tailored to the unique context of sports.  The Sports Law team will provide comprehensive legal support across a wide range of matters, including: Sports Governance & Regulatory Compliance: Advising sports federations, leagues, and clubs on governance issues, compliance with domestic and international regulations, and sports integrity matters (including anti-doping and ethical standards). Media and Broadcasting Rights: Navigating broadcasting agreements, media rights licensing, and digital streaming issues for sports events, ensuring clients maximize value while complying with competition laws and broadcasting regulations. Contracts & Player Transactions: Drafting and negotiating contracts for athletes, coaches, and management (transfers, sponsorships, endorsements, and employment agreements), as well as representing parties in transfer arrangements and agent dealings in line with governing rules. Event Support & Commercial Matters: Providing legal counsel for sporting events and tournaments – from venue agreements and ticketing to merchandising, franchising, and sponsorship deals – and advising investors in the sports sector. Dispute Resolution & Advocacy: Representing stakeholders in sports-related disputes, including arbitration before sports tribunals (CAS) and litigation involving disciplinary actions, regulatory challenges, or antitrust allegations in sports. Leadership and Vision Vuk Leković, Head of the Sports Law practice, commented on the significance of the launch: “Today marks an exciting new chapter for our firm. By launching a dedicated Sports Law practice, we are building on years of experience in the sports arena and reaffirming our commitment to clients in this dynamic industry.  Sports is more than just competition on the field – it’s a global business with complex legal dimensions. We have had the privilege of advising on some of the most pivotal sports law matters in the region, and this formal platform will allow us to serve our clients with even greater focus and innovation.  Our team’s multidisciplinary approach, combined with a deep passion for sports, will help clients navigate the evolving sports regulatory landscape and achieve their goals both on and off the field.” Vuk Leković brings extensive experience to his new role as practice head.  A seasoned competition law expert, he has been at the forefront of Gecić Law’s sports-related cases and initiatives.  Under his leadership, the Sports Law team will continue to emphasize excellence, integrity, and strategic insight, mirroring the firm’s values in every engagement.  The practice group will also draw on the expertise of other Gecić Law professionals across different disciplines to offer holistic solutions for sports sector clients. Proven Track Record in Sports Law Gecić Law’s decision to launch a Sports Law practice is backed by a strong track record and proven successes in the sports law domain.  In recent years, the firm has handled numerous high-profile sports-related legal matters.  Notable examples include: Landmark Competition Case in Football Broadcasting: Successfully representing Arena Channels Group in a pivotal antitrust case concerning the broadcasting rights of the Premier League of Bosnia and Herzegovina, in which the competition authority fully rejected the claims against the client. This victory safeguarded fair competition in sports media and affirmed the firm’s expertise in sports-related competition law. Regulatory Triumph in Sports Media: Leading a multinational legal team to overturn a regulatory ban on sports television in Kosovo, resulting in the reinstatement of Arena sports channels on local cable networks. This landmark win before the Independent Media Commission demonstrated Gecić Law’s ability to navigate complex regulatory environments in the sports and media sector. Major Sports Rights Transaction: Advising Telekom Srbija Group on the acquisition of key regional sports broadcasting rights (Sport Klub channels) as part of a €1.5 billion landmark telecom and media transaction.  Gecić Law served as lead counsel on this deal, which significantly expanded Telekom Srbija’s sports content portfolio, showcasing the firm’s capability in high-value, cross-border sports media deals. These engagements highlight Gecić Law’s deep involvement in the sports industry and its ability to deliver results for broadcasters, leagues, and corporate players in sports.  By formalizing the Sports Law practice, the firm is leveraging this experience to offer a more structured and client-focused service for all sports-related legal needs. Commitment to Clients and the Sports Industry With the launch of the Sports Law practice, Gecić Law is poised to further strengthen its role as a leading advisor in the sports sector.  The firm will continue to serve a diverse client base – including athletes, clubs, sports federations, event organizers, media companies, and investors – providing each with tailored legal strategies that address the challenges and opportunities of the sports world. The dedicated practice group allows Gecić Law to stay ahead of industry trends and regulatory developments, ensuring that clients receive up-to-date counsel in areas such as sports governance reforms, international transfer rules, and emerging issues like esports and digital assets in sports. Gecić Law’s Founding Partner Bogdan Gecić noted that the creation of this practice aligns perfectly with the firm’s vision of innovative growth: the firm has consistently broken new ground (being among the first in the region to establish specialized practices in areas like ESG and AI), and the Sports Law practice is the latest example of this forward-looking approach. “Our firm’s philosophy has always been to anticipate our clients’ needs and invest in areas where we can make a meaningful difference,” Bogdan Gecić said in internal discussions about the launch. “The sports industry in our region and beyond is expanding rapidly, and we recognize that it faces unique legal complexities. By launching a Sports Law practice, we bring our hallmark excellence and creativity to yet another field, ready to help shape the future of sports law in Southeastern Europe.” Gecić Law is proud to take this step and looks forward to continuing its tradition of excellence through the Sports Law practice.  The firm remains committed to providing authoritative, effective counsel with the polished professionalism that clients have come to expect.  In championing this new practice area, Gecić Law solidifies its position as a trusted legal partner in the sports arena, prepared to support and protect its clients’ interests in every aspect of the game.  
12 December 2025
Press Releases

Gecić Law Steers Telekom Srbija on a Historic Deal in the Western Balkans

Gecić Law is proud to announce that it served as lead legal advisor to Telekom Srbija Group in a landmark telecommunications transaction in the Western Balkans.  Telekom Srbija Group has agreed to acquire NetTV Plus, DTH in Serbia/North Macedonia and Western Balkans Sport Klub rights licenses from United Group​.  The acquisition is part of a broader deal with a combined enterprise value of €1.5 billion​, representing one of the largest telecom sector transactions in the region’s history.  As part of the broader transaction, e& PPF Telecom—majority-owned by e& and Czech Group PPF—will acquire SBB and integrate it with Yettel. This deal significantly bolsters Telekom Srbija’s market position and expands its digital content offerings for consumers across the Western Balkans and Southeast European diaspora​. Key Deal Highlights:  Transaction Value: Combined enterprise value of €1.5 billion for the two concurrent transactions, marking a historic high for the region’s telecom sector​. Assets Acquired: Telekom Srbija will acquire Eon TV International Ltd (the holding company for the NetTV Plus platform), its direct-to-home businesses in Serbia and North Macedonia (DTH), and certain Sport Klub rights in the Western Balkans. This acquisition will enhance Telekom Srbija’s digital television services and premium content portfolio. Gecić Law’s Role: Gecić Law acted as lead counsel to Telekom Srbija, providing comprehensive legal support (corporate/M&A, regulatory, finance and competition) throughout the process. The firm coordinated closely with Clifford Chance as international counsel to navigate the deal’s cross-border complexities and high-value negotiations. Regulatory Approvals: The transaction is subject to regulatory approvals and is expected to close in the first half of 2025​ Gecić Law’s team continues to advise Telekom Srbija through the closing process, including guidance on competition clearance and other closing conditions. This milestone deal underscores the increasing prominence of the Western Balkans in large-scale telecom and media investments.  Gecić Law’s multi-disciplinary team leveraged deep regional expertise to ensure a smooth execution of the transaction from start to finish.  The firm’s mandate covered all facets of the deal – from due diligence and structuring to addressing sector-specific regulations and antitrust requirements – exemplifying its capability to handle complex cross-border transactions.  Throughout the process, the firm collaborated closely with Clifford Chance, aligning local strategy with international best practices to structure the acquisition for a successful closing. Bogdan Gecić, Founding Partner of Gecić Law, remarked: “We are thrilled to have supported Telekom Srbija Group in achieving this milestone.  This landmark acquisition is a testament to the Western Balkans’ potential and Telekom Srbija’s visionary approach to growth.  We are proud to be part of an endeavor that not only elevates Telekom Srbija’s strategic position but also signals a new era for the region’s telecommunications landscape.” Ognjen Colić, Partner and Head of Corporate/M&A at Gecić Law, added: “This complex deal required strict focus and precision.  Our team navigated a dynamic regulatory and contractual landscape and coordinated multiple workstreams to ensure an efficient process.  The successful outcome underscores Gecić Law’s commitment to delivering pragmatic, effective legal solutions in high-value corporate transactions.” As Telekom Srbija Group’s lead legal advisor, Gecić Law’s Corporate/M&A, Administrative & Regulatory, Competition Law, EU Law and Banking & Finance practices played a pivotal role in facilitating the smooth execution of this complex cross-border transaction. The Gecić Law team, led by partners Bogdan Gecić, Ognjen Colić, and Miodrag Jevtić; counsel Miloš Petaković; senior associates Vuk Leković and Žarko Popović, and associates Dušan Jablan, Vasilije Bošković, Nikola Ivković, Marko Jović, and Aleksa Stojanović worked tirelessly to ensure the success of this deal. In addition to Gecić Law, Telekom Srbija Group’s legal advisors were Clifford Chance (International Counsel), Fellner Wratzfeld & Partner (Austria), Kaimakliotis & Co (Cyprus), Lalive (Switzerland), and Zdolšek (Slovenia).  Sullivan & Cromwell LLP was the legal adviser of e& PPF Telecom, and Kirkland & Ellis LLP for United Group. As Telekom Srbija integrates these new assets, Gecić Law stands ready to support the client through the closing and beyond.  The firm’s involvement in this historic transaction reaffirms its position as a market leader, building on a series of high-profile deals that continue to drive growth and innovation across the Western Balkans and beyond.  
24 February 2025
Press Releases

Gecić Law and Clifford Chance Steer Telekom Srbija’s Historic $900 Million Bond Issuance – A First for the Western Balkans

Gecić Law, in collaboration with Clifford Chance, is honored to announce its role as local lead legal advisor to Telekom Srbija in the landmark issuance of its $900 million Eurobond. This historic transaction not only marks the Western Balkans’ first-ever corporate bond issuance in international markets but also represents one of the largest inaugural high-yield bond offerings in the TMT sector in Central and Eastern Europe, the Middle East, and Africa since 2014.  Additionally, it stands out as the largest single-tranche inaugural issuance from any corporate entity in Central and Eastern Europe since 2011. Listed on the Dublin Euronext Exchange, Telekom Srbija’s bond offering was met with overwhelming global investor interest, signaling deep trust in the company’s innovative corporate strategy.  This groundbreaking deal empowers Telekom Srbija to reinforce its investment capabilities and expand its infrastructure, demonstrating the solid confidence prominent international investors place in the Group’s visionary growth under its dynamic leadership. As Telekom Srbija’s local legal advisor, Gecić Law’s Banking & Finance, Corporate, and Regulatory teams provided robust support across all aspects of this sophisticated issuance.  Our legal experts ensured seamless cross-border compliance, navigated multi-jurisdictional regulatory requirements, and coordinated extensively with global financial institutions, including BNP Paribas, Bank of America, Deutsche Bank, Erste Group, Raiffeisen Bank, UniCredit, and MUFG, to support Telekom Srbija’s entry into the international capital markets.  Our team was also instrumental in helping Telekom Srbija achieve its first-ever credit ratings from Standard & Poor’s and Fitch, paving the way for increased corporate governance and transparency aligned with global standards. Bogdan Gecić, Founding Partner at Gecić Law, remarked: “We are privileged to support Telekom Srbija in reaching this unprecedented milestone.  The Group’s journey has been transformative, illustrating its evolution into a formidable corporate player on the international stage.  This landmark issuance is not only a testament to Telekom Srbija’s progressive strategy but also a significant step forward for the entire region.  We are proud to have contributed to a project of such groundbreaking scope and vision, helping set new standards for companies across the Balkans seeking to explore global capital markets.” Miloš Petaković, Counsel at Gecić Law and lead on this transaction, added: “This project represents a historic achievement not just for Telekom Srbija but for the region’s corporate landscape as a whole.  Spearheading such a pioneering effort required extraordinary collaboration, involving hundreds of stakeholders across the Group’s departments, advisors, and international partners.  We are immensely grateful to Telekom Srbija’s dedicated finance, treasury, regulatory, corporate, and technology teams, whose commitment and expertise were essential to achieving this complex objective.” The Gecić Law team, including partners Bogdan Gecić, Ognjen Colić, and Miodrag Jevtić; counsels Miloš Petaković and Nemanja Sladaković; senior associates Vuk Leković and Žarko Popović, and associates Vasilije Bošković, Nikola Ivković and Marko Jović, worked tirelessly to ensure the success of this issuance.  Their legal precision and unwavering dedication were pivotal in navigating the multifaceted challenges of the transaction, reinforcing Gecić Law’s commitment to supporting the region’s most ambitious projects. As Telekom Srbija continues its transformative growth, Gecić Law remains proud to be part of a project that not only reflects the Group’s commitment to corporate governance and innovation but also sets a powerful example for companies across Southeast Europe.  This landmark deal underscores our shared dedication to fostering economic growth, global partnerships, and long-term value creation for our clients and their stakeholders.  
06 November 2024
Press Releases

Three’s a Charm – Gecić Law Announces Latest Team Promotions

At Gecić Law, we take great pride in recognizing professionals who embody our core values. We’re happy to announce our latest round of promotions and congratulate three of our standout legal professionals.  We are elevating our esteemed colleagues Miloš Petaković and Nemanja Sladaković from Senior Associate to Counsel.  At the same time, Žarko Popović will advance to Senior Associate. “Please join me in congratulating Miloš, Nemanja, and Žarko on their well-deserved promotions.  Our strategy has always focused on nurturing talent and rewarding exceptional contributions within our team.  It’s truly inspiring to watch our team members grow and develop.  We are known for excellence in legal work and impeccable client service.  They will undoubtedly continue to play a leading role in upholding this reputation.” “These promotions, which coincide with our firm’s rapid expansion, reflect the strength of our guiding principles, and we couldn’t be prouder,” said Bogdan Gecić, Founding Partner at Gecić Law. Miloš Petaković Miloš Petaković joined Gecić Law in 2022.  He leads our Real Estate practice and is a senior member of the Banking and Finance team.  Miloš drives strategic initiatives and advises on high-profile matters in these fields.  His dedication, deep understanding, and exceptional expertise consistently benefit our team. Recently, Miloš provided outstanding counsel to JFE Shoji in a landmark greenfield investment in Serbia and advised the EBRD in the ENEF II fund’s first disbursement of funds in Serbia to leading startup Vega IT He also spearheaded our team’s collaboration on the first Real Estate Development Guide, a comprehensive resource for investors in the commercial real estate segment in Serbia.  As an avid communicator, Miloš frequently discusses hot topics in his practice with media outlets, including Bloomberg, CEE Legal Matters, Real Estate Magazine and Lawyer Monthly. Clients appreciate his pleasant personality, professional demeanor, deep expertise, and relentless drive for results, often exceeding their expectations.  For his excellence in client service, Miloš received the 2024 Lexology Client Choice Awards.  This year, Who’s Who Legal also ranked him as a Recommended Lawyer in Real Estate.  He is concurrently the only lawyer in the jurisdiction to achieve a distinction in this practice area. Nemanja Sladaković Nemanja Sladaković joined us in 2021 as an associate and quickly demonstrated his ability to handle complex matters for a diverse client base.  Specializing in Corporate/M&A and Labor Law, Nemanja has also significantly contributed to establishing the firm’s innovative ESG and AI practices. His recent accomplishments include managing the employment aspects of high-profile multijurisdictional transactions, such as the Remus-GLM acquisition, one of the year’s most significant deals in the automotive industry.  He also advises Zijin Mining Group, Serbia’s top exporter, on labor matters across their global network.  Nemanja has also amassed significant legal experience specific to the ICT sector.  He regularly advises global giants, expanding multinationals and innovative startups, including Nutanix, Examroom.ai, NGA911, Gorgias and Alianza. Nemanja actively supports the thriving startup scene through his engagement with the Biosense Accelerator Program, where he leads legal workshops for the ag-tech cluster. In collaboration with the Serbian Chamber of Commerce, Nemanja developed a comprehensive guide to help IT startups navigate their legal challenges.  He recently co-authored chapters on three Western Balkans jurisdictions for IBA’s Artificial Intelligence guide. In addition, Nemanja is a speaker on ESG regulations, participating in forums such as the CSR & ESG Forum and SmartCities.  He co-authored the TerraLex cross-border guide on ESG and Sustainable Finance and authored numerous articles on ESG and AI legal topics.  Nemanja also contributes to high-level regulatory discussions on AI as part of the government’s legislative working group. Žarko Popović Žarko Popović has been an integral member of the Gecić Law team since 2019, contributing his expertise across various legal fields, including corporate and commercial law, dispute resolution, and employment law.  Over the years, Žarko has progressively assumed more client-facing responsibilities, playing a pivotal role in numerous critical matters.  His unwavering dedication and growing expertise have consistently demonstrated his commitment to delivering exceptional legal services. His promotion is well-deserved.  
29 October 2024
Press Releases

Gecić Law Elects Miodrag Jevtić as Partner

Gecić Law is immensely pleased to announce that our own Miodrag Jevtić was elected partner at our firm. Over the past five years, Miodrag has played an essential role in driving success of our Banking & Finance and Dispute Resolution practices. His deep understanding of the legal landscape, coupled with client-focused approach, has earned him the trust and respect of both colleagues and clients. As Partner, Miodrag will continue to elevate our practice and contribute to our vision of excellence. A Distinguished Career Miodrag Jevtić has nearly 20 years of extensive experience in corporate law.  His well-rounded expertise and strategic counsel have certainly been crucial in advising some of the most prominent entities across industries.  He has served clients in retail, food, transport, banking and finance, and TMT sectors.  Miodrag’s dedication to excellence has certainly consistently delivered strong results for the firm’s clients. In his time at Gecić Law, Miodrag has further developed his reputation as a leading regional legal expert.  He has taken part in numerous high-profile transactions and complex multijurisdictional disputes.  Miodrag’s insightful advice and effective representation have significantly impacted many client outcomes.  His ability to deliver results in intricate legal challenges and exceed clients’ expectations has earned him high regard. On his appointment, Miodrag said: “Being a part of Gecić Law has undoubtedly been an immensely rewarding journey.  I am deeply honored to step into the role of Partner, where I will continue to support our firm’s dedication to excellence, innovation, and client success.  My heartfelt thanks go to my colleagues and clients, whose trust and collaboration have been vital in every achievement.  Together, we will keep pushing the boundaries of legal practice and making a lasting impact across the industries we serve.“ “Miodrag’s election to Partner is a natural progression, reflecting his immense dedication to our clients, values, and the legal profession,” said Bogdan Gecić, Founding Partner at Gecić Law.  “His exceptional expertise, outstanding leadership, and mentoring qualities make him an invaluable asset to our team.  We are confident that Miodrag will continue to drive the firm’s growth and success in his new role.” Mentor and Thought Leader Miodrag is a distinguished legal professional and a dedicated mentor to his younger colleagues.  Known for his approachability and willingness to share knowledge, his peers highly respect Miodrag’s ability to clarify complex legal matters and guide their everyday work.  His leadership style fosters collaborative and supportive environment, further enhancing the firm’s culture of excellence. In Addition, Miodrag Jevtić is a reputable thought leader. He frequently participates in discussions on various topics, including cross-border insolvency, class action lawsuits, and investment strategies for small and medium enterprises. He has also shown a keen interest in digital assets and alternative financing sources, writing extensively on these subjects. Miodrag’s academic credentials are indeed equally impressive.  He holds a Master of Laws degree with distinction from the University of Nottingham, School of Law, UK, specializing in international commercial law.  He graduated from the University of Belgrade, Faculty of Law, where he was one of the top students of his generation.  His academic achievements and participation in prestigious programs like the Willem C. Vis International Commercial Arbitration Moot reflect his commitment to continuous learning and professional development. At Gecić Law, we congratulate Miodrag on his well-deserved promotion.  We look forward to his continued contributions as a Partner, driving the firm’s mission to provide unparalleled regional legal services.  
29 October 2024
Press Releases

Gecić Law Exclusively Contributes to Legal 500 Merger Control Guide in the Western Balkans

We are pleased to announce that Gecić Law’s competition law team has contributed to the prestigious Legal 500 Merger Control Guide for 2024. The renowned annual publication offers comprehensive analyses of merger control regulations and practices in jurisdictions worldwide.  This year’s edition, published in collaboration with a contributing editor from Clifford Chance, covers 25 countries. Gecić Law’s experts provided in-depth insights into four crucial regional markets.   This includes Serbia, Montenegro, North Macedonia, and Bosnia and Herzegovina.  Their input indeed provides detailed overviews of the merger control regimes in each country.  The guides also highlight crucial procedural aspects, enforcement trends, and the interplay between national and EU regulations.  This approach, above all, ensures that the chapters serve as valuable resources for legal professionals, corporate entities, and regulatory bodies. It provides crucial guidance for navigating the complexities of merger control in the Western Balkans region. With its unparalleled expertise and experience in competition law, Gecić Law was indeed in a perfect position to make this exclusive contribution. The Legal 500 Merger Control Guide’s comparative nature allows readers to quickly understand merger control processes equally across various jurisdictions.  By offering clear, practical insights, Gecić Law’s chapters facilitate the development of effective cross-border legal strategies.  The chapters thus help businesses comply with rapidly evolving competition laws in the region. Gecić Law is proud to contribute to this essential resource alongside leading international law firms, including Cleary Gottlieb, White and Case, and Clifford Chance.  This contribution further cements Gecić Law’s role as a key regional player in competition law. Follow this link to access the full guides to merger control regimes in Serbia, Montenegro, North Macedonia, and Bosnia and Herzegovina or download the PDF versions. About Legal 500 Country Comparative Guides The Legal 500 publishes their Country Comparative Guides in association with the world’s leading lawyers.  They provide a practical overview of the laws and regulations in key jurisdictions, for specific practice areas.  Each country chapter is written by a renowned firm in a Q&A format. For over three decades, The Legal 500 has diligently assessed the capabilities of law firms globally, conducting thorough research to provide an unparalleled perspective on the ever-evolving legal landscape.  The Legal 500 highlights the strengths of law firms, recognizing those that offer innovative and cutting-edge advice to corporate counsel.  Its comprehensive evaluation spans over 150 jurisdictions worldwide.  
29 October 2024
Press Releases

Gecić Law, in Collaboration with Akin, Advises on Serbia’s Largest Renewable Energy Project

Gecić Law is proud to announce its role as local counsel in a strategic collaboration with Akin, the renowned and highly regarded international counsel, on Serbia’s largest renewable energy project. Together, we have advised on a landmark agreement that paves the way for the construction of one of the largest solar power plants in Southeast Europe. This project is set to significantly boost Serbia’s renewable energy capacity. It is the result of a collaboration between the Government of Serbia and an international consortium led by Hyundai Engineering and UGTR. The agreement marks a major milestone in Serbia’s commitment to meeting its climate and environmental objectives by increasing the use of renewable energy sources. The deal involves the development of solar power plants across multiple locations in Serbia, with an installed capacity of 1,000 MW. Once operational, the facilities will play a critical role in the country’s energy mix, reducing reliance on traditional energy sources and contributing to Serbia’s green transition. Gecić Law acted as local legal counsel, providing comprehensive support throughout the negotiation and execution phases of the agreement. The firm’s team of experts advised on various aspects of the transaction, including regulatory compliance, project structuring, and contract negotiations. Gecić Law’s deep knowledge of the energy sector and extensive experience in advising on large-scale infrastructure projects were crucial to the successful conclusion of the deal. “We are thrilled to have been part of such a transformative project for Serbia’s energy sector,” said Ognjen Colić, Partner at Gecić Law and Head of Corporate and M&A. “This project highlights the importance of international investment to drive forward the country’s energy security and renewable energy objectives. It was indeed a true pleasure to collaborate with Akin, a firm with exceptional global expertise and a reputation for excellence. We were thrilled to collaborate with such an esteemed global firm.” The project is expected to bring significant economic benefits, including job creation during the construction and operation phases, as well as long-term environmental advantages through reduced carbon emissions. This deal confirms Gecić Law’s leadership in the region’s legal landscape, particularly in complex, cross-border projects. The firm continues to build on its reputation for excellence, offering cutting-edge legal solutions in sectors critical to Serbia’s economic future. The Gecić Law team on the project comprised partners Ognjen Colić and Miodrag Jevtić, counsel Miloš Petaković and senior associate Žarko Popović.  
29 October 2024
Content supplied by Gecic Law