Energy and Mining
SEE Legal Publications
Energy and mining
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Marko Popovic, associate at BDK Advokati, spoke at the Winter Vivaldi CFO & Legal Forum, organised by Mokra Gora School of Management at Mecavnik, western Serbia, on 30 November 2018. The forum attracted more than 60 participants, mostly CEOs and CFOs of a host of Serbian companies and start-ups alongside software developers, lawyers, accountants, and other professionals. The main topic of the forum was Conducting Business without People – Financial and Legal Consequences. Together with four other lawyers coming from Serbia’s leading law firms, Marko participated at the panel on the EU…
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The 8th International Conference on Mineral Resources held on 13-14 November 2018 in Belgrade welcomed experts from the government and the private sectors to discuss topics relevant for the mining industry. Janko Nikolic, Senior Associate at BDK Advokati, participated at the panel on project financing and legal framework in the mining business. He provided an overview of relevant legal norms in Serbia, commending Serbia’s Mining Act of 2015 as a modern piece of legislation that has been recognised as favourable and conducive to further development of the industry in Serbia. Janko stressed the…
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Milan Dakic, Real estate and Construction Partner of BDK Advokati, introduces the latest amendments of the Planning and Construction Act in relation to the licenses required for various types of design or construction works: The latest amendments of the Planning and Construction Act, effective as of 6 November 2018, introduce the requirement for all construction and designing companies (including solo entrepreneurships) to obtain licenses for various types of design/construction works until 6 November 2019. The licensing requirement that now applies across the board previously applied to…
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BDK Advokati is proud to announce the launch of its German desk. The German desk will be headed by Sasa Stojanovic, who is a qualified lawyer in Austria, Serbia and Greece. Before joining BDK Advokati, Sasa worked for 8 years for the top-tier Austrian law firm Eisenberger & Herzog and the international law firm Wolf Theiss in Vienna. During these engagements, Sasa advised many German-speaking clients with regard to their large-scale matters in Austria and jurisdictions of South East Europe. Managing Partner Tijana Kojovic said: “We welcome Saša Stojanovic to our firm. His transactional…
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Ana Jankov, Employment Partner at BDK Advokati, was one of the panellists at the Forum Media conference held in Belgrade on 31 October 2018. The conference was attended by legal specialists from governmental institutions and Serbian companies. The speakers and the participants focused on hot topics in the field of labour law and fuelled a lively discussion with the audience. Ana Jankov discussed some sensitive issues, such as whether an individual who lands a job after having provided false information on his criminal record to the recruiter, can be sanctioned. Milica Basta, Senior Associate at…
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Mid Europa Partners have started the sale process for Bambi and Knjaz Milos.
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The first Balkan GC Summit was an opportunity for general counsels from major regional companies and lawyers from leading firms from the Balkans to discuss the latest trends in the legal industry. The summit was organised by CEE Legal Matters, a renowned regional magazine specialized in the legal market. Tijana Kojovic, Managing Partner of BDK Advokati, presented new services that BDK Advokati is offering to clients with the help of legaltech. Specifically, Tijana presented the increased efficiencies that can be achieved when doing legal due diligence of English language documents through…
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Serbian Deposit Insurance Agency made an open call for bids for the assignment of loan portfolio for compensation. The value of the portfolio is EUR 240 million and collaterals mainly include real estate, equipment and land. The agency is collaborating with The Good Governance Fund of UK in this process to ensure that it is adequately carried out. Interested parties are required to submit applications for the purchase of the info pack before 30 November 2018 while binding offers have to be submitted before 7 December 2018.
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SEE Legal's Serbian member, BDK Advokati, advised Mr. Aleksandar Jojic, a minority shareholder of Balkan Bet, on the acquisition of 49% of share capital of Merkur Gaming Slots d.o.o. Belgrade from adp Gauselmann GmbH. This acquisition is a final step in the global transaction agreed between Mr. Jojic and adp Gauselmann GmbH in which Merkur Gaming Slots acquired 51% of share capital of Balkan Bet from Mr. Jojic . Merkur Gaming Slots is a household name in land-based gaming products like games, slot cabinets and progressive jackpots systems. Balkan Bet is a popular betshop…
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The validity of local conditions, one of the initial and most important documents in the permitting process showing what investor can build on certain piece of land, is to be extended from one to two years. The deadline to commence work under construction permit is also to be extended from two to three years from the issuance of the permit, to allow more time for investors to raise funds. Although the proposed amendments are welcome, there is room for further improvement. Milan Dakic, partner at BDK Advokati, discussed the remaining pitfalls of the Planning and Construction Act in the June edition…
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The Republic of Serbia is yet to officially announce the sale of its share (41.7%) in Komercijalna banka a.d. The target is the second largest bank in Serbia with approximately 11% of the market share. The value of the transaction is unknown but shares of Komercijalna banka are currently under high demand on the Serbian Stock Exchange at a price of approximately EUR 17 per share.
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The Republic of Serbia is expected to announce the sale of Luka Novi Sad (Novi Sad port). The target is the only remaining state-owned port in Serbia that was previously under radar of 12 local and foreign companies which officially submitted letters of interest in the past. The asking price remains unknown.