CEE Legal Matters is proud to introduce the latest in our Comparative Guides series. This one focuses on Bribery & Corruption in CEE.
Bribery and Corruption in Serbia
Contributed by NSTLaw.
AP Legal Advises on Merger of AiKBank Beograd and Eurobank Direktna
AP Legal has advised AikBank Beograd and Eurobank Direktna on their merger.
CMS Belgrade Launches Dedicated Corporate Crime Team in Belgrade
CMS has launched a new dedicated Corporate Crime team within its Dispute Resolution and Compliance practice in Belgrade with the joining of Denis Beciric as Of Counsel.
Gecic Law Appoints Jelena Bjelanovic as Head of Finance and Executive Management Committee Member
Gecic Law has appointed Jelena Bjelanovic as its new Head of Finance and a member of the firm’s Executive Management Committee.
Schoenherr Advises Elixir Group on RSD 4.1 Billion Green Bond Issuance
Moravcevic Vojnovic and Partners in Cooperation with Schoenherr has advised Elixir Group on its recent green bond issuance totaling RSD 4.1 billion (approximately EUR 35 million).
AKT Joins Forces with PR Legal
AKT Todorovic & Partners has joined forces with PR Legal with Ivan Todorovic becoming a Partner. At the same time, Ivana Ruzicic has taken over as sole Managing Partner.
New Bylaws in the Field of Occupational Safety and Health
On 17 January 2025, the Ministry of Labor, Employment, Veteran and Social Affairs of the Republic of Serbia rendered two new rulebooks in the field of occupational safety and health, the implementation of which begins on 28 April 2025, as follows:
NKO Partners Advises CTP on Acquisition of Land Site in Nis
NKO Partners has advised CTP on the acquisition of a land site in Nis, Serbia, from Eurosalon subsidiary Malford Beograd. The seller was advised by sole practitioner Goran Radovac.
Physical Division of Buildings and Plots
Apartments, houses and other objects are often owned by several persons and sometimes it is necessary to divide them.
Karanovic & Partners and Harrisons Advise on BIG CEE's EUR 72 Million Financing from the EBRD
Karanovic & Partners has advised BIG CEE on a EUR 72 million financing – part of a EUR 100 million package from the European Bank for Reconstruction and Development – to expand its retail portfolio across the Balkans. Harrisons advised the EBRD.
Complex M&A Transaction and Escrow Mechanism in Serbia
A successful closure of a complex M&A transaction involving the sale of Serbian companies through an innovative escrow solution, overcoming trust issues, financing challenges, and regulatory requirements.
Schoenherr Advises BlackPeak Capital on Investment in Kafeterija
Moravcevic, Vojnovic and Partners in cooperation with Schoenherr has advised BlackPeak Capital on its investment in Kafeterija.
IVVK Advises Star Finance on Acquisition of Tradewin
IVVK Lawyers has advised Star Finance on its acquisition of Tradewin.
RTPR, Karanovic & Partners, White & Case, and Kinstellar Advise on Sale of Regina Maria Group to Mehilainen
RTPR and Karanovic & Partners have advised MidEuropa on the sale of Regina Maria Group to Mehilainen. White & Case advised Mehilainen. Kinstellar advised Blue Sea Capital on the sell-side as well. Reportedly, A&O Shearman's London office also advised MidEuropa while Bondoc & Asociatii also advised Mehilainen.
Competition in Focus: Serbia’s Private Healthcare Sector Under Regulatory Spotlight
The Serbian Competition Commission ("Commission") has published a Report on the sector inquiry of competition conditions in the private healthcare services market in the Republic of Serbia for the period from 2019 up to 2023 ("Inquiry").
NKO Partners and MMD Advokati Advise on Pro Group's Acquisition of Smart Tiger
NKO Partners has advised Pro Group on its acquisition of a 70% majority stake in Smart Tiger. MMD Advokati advised the seller, Slobodan Milivojevic.
Protests Leaving a Mark in Serbia: a Buzz Interview with Branko Jankovic of NKO Partners
Serbia’s legal market is influenced by ongoing political instability stemming from months-long student protests and the recent resignation of the Prime Minister, according to NKO Partners Junior Partner Branko Jankovic. This situation is expected to slow M&A activity, particularly in real estate and mining, though everyday employment-related legal work is on the rise.