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Karanovic & Partners | February 2016

Employment law expert, Mirko Kovač, attended a Roundtable discussion on the new Law on Conditions for Secondment of Employees Abroad and their Protection organised by the Ministry of Labour on 13 January 2016. Our office previously analysed this law in more detail and additional information on the novelties it introduces may be found on our website (http://www.karanovic-nikolic.com/2015/11/16/serbia-adopts-law-on-conditions-for-secondment-of-employees-abroad-and-their-protection/ ) ...

Karanovic & Partners | February 2016

Serbia – Executive Summary of Qualification of a Director's Mandate (in a local or foreign company) This article, authored by Jelena Danilović, was originally published in the 2016 'Social Security for Directors Working in Multiple Jurisdictions', published by World Services Group.Domestic Rules1. Social security regimeRegistered legal representatives i.e ...

Karanovic & Partners | February 2016

Over the past two years, various media outlets have been reporting on increased investor interest for the Serbian real estate market, with a particular focus on Belgrade. Goran Vesić, the city manager, recently substantiated these reports by claiming that Belgrade's Public Land Development Agency made a total of 772 business deals with investors over the course of last year alone ...

Karanovic & Partners | February 2016

The new Labour Law of the Federation of Bosnia and Herzegovina (the "Labour Law") which introduced changes to the term of fixed term employment contracts, employee benefits, collective bargaining agreements and contracts with company managers, was declared unconstitutional by the Constitutional Court of the FBiH on 23 February ...

Karanovic & Partners | February 2016

Following the creation of the regulatory framework and the successful passing of required tests, the first organised electricity market in Serbia, ("SEEPEX"), has officially launched its operations on 17 February, 2016. This power exchange operator was set up jointly by Elektromreže Srbije, the Serbian state-owned power system, and the European Power Exchange (EPEX SPOT SE) ...

Karanovic & Partners | March 2016

​Last week, the General Court of the European Union dismissed Coca Cola's request to register its bottle shape without fluting as a Community trade mark, further denying the soft drink giant's intention, five years since the application in question was initially submitted. Back in December, 2011, Coca-Cola filed an application to the Office for Harmonisation in the Internal Market (OHIM) for the registration of its glass bottle without fluting as a Community trademark ...

Karanovic & Partners | March 2016

This month, the European Bank for Reconstruction and Development (EBRD) traditionally presented their annual transition report at the National Bank of Serbia (NBS) at an event that was attended by Karanović & Nikolić's Banking & Finance partner, Maja Jovančević-Šetka ...

Karanovic & Partners | March 2016

On 16 February 2016, the Bosnian Competition Council made a ruling in favour of the cable operator and Karanović & Nikolić's client – Telemach – in the case against HD Win, the owner of the sports channel "Arena Sport", and a subsidiary of Telekom Serbia. The authority imposed a fine against HD Win for its abuse of dominant position and ordered it to enter into agreement with Telemach in order to allow its subscribers access to Arena Sport ...

Karanovic & Partners | March 2016

European Court of Human Rights Considers an Employer's Right to Monitor EmployeesIn its recent judgment Bărbulescu v. Romania, the European Court of Human Rights ("ECHR") considered an employer's right to monitor an employee's work computer and an employee's right to privacy ...

Karanovic & Partners | March 2016

Karanović & Nikolić is proud to announce the promotion of new Partners and Senior Associates. The following employees have been recognised for their hard work and dedication to our values and goals, and we hope this promotion will only increase their drive and commitment in the future ...

Karanovic & Partners | March 2016

We have news coming from Slovenia, where it has recently been reported that the European Investment Bank (EIB) will be opening its office in the country's capital, Ljubljana, during the summer months. This piece of news does not come as too big of a surprise, since the Slovenian economy has enjoyed EIB's considerable presence over the last couple of years, with its investments during last year alone totaling EUR 798 million ...

Karanovic & Partners | March 2016

In February, the British-based Mineco Group has officially submitted the request for an urban permit before the Bosnian Ministry of Physical Planning for its project of building a lead mine in the town of Olovo, Bosnia & Herzegovina ...

Karanovic & Partners | March 2016

The tax team at Karanović & Nikolić participated in the 13th Edition of Doing Business 2016 – Measuring Regulatory Quality and Efficiency, a World Bank Group Flagship Report. Renowned as one of the most influential policy publications across the globe, Doing Business provides a detailed analysis on the state of health of world-wide economies ...

Karanovic & Partners | March 2016

On 16 February 2016, the Bosnian Competition Council made a ruling in favour of the cable operator and Karanović & Nikolić's client – Telemach – in the case against HD Win, the owner of the sports channel "Arena Sport", and a subsidiary of Telekom Serbia. The authority imposed a fine against HD Win for its abuse of dominant position and ordered it to enter into agreement with Telemach in order to allow its subscribers access to Arena Sport ...

Karanovic & Partners | March 2016

Since mid-February, there has been an ongoing debate in the public sphere regarding the high profile case that found the global IT giant Apple and FBI on opposite sides of the legal spectrum. The case's background involves the 2015 San Bernardino shooting incident in USA, and the fact that one of the perpetrators was in possession of an iPhone potentially containing relevant information for the ensuing investigation ...

Karanovic & Partners | March 2016

Since mid-February, there has been an ongoing debate in the public sphere regarding the high profile case that found the global IT giant Apple and FBI on opposite sides of the legal spectrum. The case's background involves the 2015 San Bernardino shooting incident in USA, and the fact that one of the perpetrators was in possession of an iPhone potentially containing relevant information for the ensuing investigation ...

Karanovic & Partners | March 2016

​Since mid-February, there has been an ongoing debate in the public sphere regarding the high profile case that found the global IT giant Apple and FBI on opposite sides of the legal spectrum. The case's background involves the 2015 San Bernardino shooting incident in USA, and the fact that one of the perpetrators was in possession of an iPhone potentially containing relevant information for the ensuing investigation ...

Karanovic & Partners | March 2016

After a number of previously made announcements regarding the starting date of construction for the first IKEA store in Serbia, a seemingly final one was made last week by the Ikea's Director of Regional Development, Vladislav Lalić, as he stated that the construction is set to begin this month at the Bubanj Potok location, just outside Belgrade. The completion of this project would then be expected in 2017, with the store set to open in late spring/beginning of summer ...

Karanovic & Partners | March 2016

Treaties with Luxembourg and the Republic of Korea RatifiedSerbian Parliament ratified the double tax treaty with Luxembourg which was discussed in our recently published tax alert. If Luxembourg follow suit and ratifies the treaty this year it is likely that the treaty will be applicable from 1 January 2017.Parliament also ratified the double tax treaty with the Republic of Korea, signed in January this year. The treaty is based on the standard OECD Model Tax Convention ...

Karanovic & Partners | March 2016

At a recently held Roundtable on the topic of the economic and environmental challenges that are surrounding the process of building the second block of the thermal power plant in Pljevlja, the Montenegrin Network for the Affirmation of the NGO sector (MANS), has scrutinised the whole idea behind this state-owned National Power Company of Montenegro's (EPCG) project ...

Karanovic & Partners | March 2016

The Serbian Foreign Investors Council (FIC) has re-elected Mirko Kovač to the position of Vice President of the FIC HR Committee for a period of 2 years, effectively giving Mirko his second mandate as the Vice President of the HR Committee ...

Karanovic & Partners | March 2016

 Employment law specialist and Karanović & Nikolić's Senior Associate, Jelena Danilović, has contributed to the newest edition of Women, Business and the Law 2016 – Getting Equal, issued by the World Bank Group.This report is the fourth in a biennial series of reports that provide objective measures of legal and regulatory barriers to women's entrepreneurship and employment ...

Karanovic & Partners | March 2016

Following publication of the Regulation (EU) No. 2015/2424 which is part of the reform legislative package that also replaces the existing Trade Mark Directive, the long awaited reform of the existing Community trade mark will enter into force on 23 March 2016. The most evident change is that the Community trade mark will be renamed the European Union trade mark (EUTM), adopting the terminology of the Lisbon Treaty ...

Karanovic & Partners | March 2016

It is well-known that a solid framework for attracting investment is a key strategy for fostering investments in a sector as big and significant as telecommunications are. As consolidation and M&A activities continue to be looked for in the region, there is an idea that the use of new technology and smart solutions is the best way to gain a competitive advantage over other market participants ...

Karanovic & Partners | March 2016

There is nothing surprising about the leisure industry in Croatia giving off its first sparks of activity around this time of the year, especially considering the country's popularity in the nearing summer season and the ever-growing number of tourists, yearly pouring onto its seaside from every part of Europe and elsewhere ...

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