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Gecic Law Advises on Establishment of Science Technology Park Belgrade

Serbia
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Gecic Law has advised the Science and Technology Park Belgrade, which was founded in partnership by the Government of Serbia, the City of Belgrade, and the University of Belgrade to facilitate an association between economic, scientific, and educational organizations.

The project, which is meant to support the transfer of knowledge and the development of new technologies and to stimulate growth of the knowledge-based economy will support growing technological development companies and small start-ups.

Gecic Law reports that it "assisted the park with various legal matters in the process of taking over the management of the science park.” Gecic Law Partner Nikola Aksic, lead legal counsel on the matter, stated “the Science and Technology Park is an essential project for Serbia to help stimulate economic growth, teach our youth about entrepreneurship and prevent ‘brain drain’ so that our market be competitive and attractive.”

Gecic Law named Partner Bogdan Gecic believes that “this represents the first functional science technology park in Serbia and will help accelerate the technological development of the country in line with international best practice.” 

Gecic Law reports that “forecasts predict that the park will host approximately 100 high-tech development companies with about 1000 engineers within 3-4 years."

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