The New Medical Devices Act in Serbia

BDK Attorney at Law Bisera Andrijasevic provides an overview of the implication of the new Medical Devices Act in Serbia. The new Medical Devices Act, which had entered into force already on 1 December 2017, became applicable on 1 December 2018. The adoption of this legislation marks the beginning of distinct legal treatment of medical devices, separate from the treatment of medicinal products which remain regulated by the old Medicines and Medical Devices Act.

BDK Advokati Advises Coca Cola HBC on the Acquisition of Serbian Confectionary Firm Bambi

Coca Cola HBC AG has penned an agreement with Mid Europa Partners to acquire Bambi a.d. for an enterprise value of EUR 260 million. By this acquisition, Coca Cola HBC will add to its beverage portfolio snack brands well-known in the Balkan region, such as Bambi, Plazma, Wellness and Zlatni Pek. The deal is expected to close in the second quarter of 2019 upon issuance of relevant merger clearances.

BDK Advokati on Legal Practice for the Life Sciences Industry in Serbia

Bogdan Ivanisevic, partner, and Bisera Andrijasevic, associate, authored the Serbian chapter in the 2019 edition of Getting the Deal Through – Life Sciences 2019.

BDK Advokati Advised Dnata

BDK Advokati advised Dnata, a globally successful corporation based in the United Arab Emirates, on the acquisition of all shares in Serbian EAP Shared Services d.o.o. from Etihad Airport Services LLC. EAP Shared Services d.o.o. acts as a contact center of various airlines and brings their loyalty programs under one roof in Europe.The deal was closed on 31 January 2019, and both parties have agreed not to disclose the purchase price. The BDK team was led by Sasa Stojanovic (counsel), and also involved Pablo Perez Laya (consultant) and Sanja Dedovic (junior associate). Tijana Kojovic was the…
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BDK Advokati Advises Industriaimport-Industriaimpex AD

BDK Advokati advised Montenegrin publicly listed company Industriaimport-Industriaimpex AD on the acquisition of 49% of registered capital of Serbian pharma wholesaler Farmalogist d.o.o. from PE firm Adriatic Fund B.V. BDK Advokati also assisted Industriaimport-Industriaimpex AD in connection with the Shareholders’ Agreement entered with the owners of the remaining 51% of shares in Farmalogist. The acquisition was completed on 4 January 2019 upon obtaining merger clearances from the Montenegrin and Serbian competition authorities. Partner Vladimir Dasic was the main legal advisor to Industriaimport-Industriaimpex…

BDK Advokati Advises Lenders on the Financing of the Belgrade Airport Concession

On 21 December 2018, VINCI reached financial close and took over the management of Belgrade Airport Nikola Tesla, marking an important milestone for the project finance market in Serbia. With more than EUR 400 million of loan commitments, it is the country’s largest project financing to date. BDK Advokati acted as Serbian legal counsel to the lenders which included IFC, EBRD, Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and Societe de Promotion et de Participation pour la Cooperation Economique SA (Proparco), as well as six commercial banks. The project, with a total cost of close…

BDK Advokati about Tension between AI and Data Protection

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…

BDK Advokati on Legal Framework Conductive to Investments in the Mining Industry

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…

Mandatory Licensing for all Construction and Designing Companies in Serbia

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,[1] 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…

BDK Advokati Welcomes Sasa Stojanovic and Launches German Desk

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…

BDK Advokati about Background Checks and other Acute Labour Law Topics

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…

Mid Europa Partners is Selling Bambi and Knjaz Milos in Serbia

Mid Europa Partners have started the sale process for Bambi and Knjaz Milos.