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.

Apartments, houses and other objects are often owned by several persons and sometimes it is necessary to divide them.

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.

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.

Moravcevic, Vojnovic and Partners in cooperation with Schoenherr has advised BlackPeak Capital on its investment in Kafeterija.

IVVK Lawyers has advised Star Finance on its acquisition of Tradewin.

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.

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 has advised Pro Group on its acquisition of a 70% majority stake in Smart Tiger. MMD Advokati advised the seller, Slobodan Milivojevic.

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.

On the evening of April 1, 2025, the Deal of the Year Awards Banquet brought together, under the same roof, over 200 top-tier lawyers from Central and Eastern Europe's leading law firms and General Counsel from across the region in Prague.

CMS Partners Horea Popescu, Alexander Rakosi, and Ryszard Manteuffel discuss the ebb and flow of M&A deals in CEE, highlighting that the M&A landscape experienced a significant drop in overall deal values prompting strategic shifts amid ongoing geopolitical and financing challenges.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With 2024 behind us, we asked: Looking at transactional volumes for this year, would you say that 2024 was better or worse than what you originally expected it to be, and why?

The investment volume curve concerning Serbia’s capital markets and trading on the Belgrade Stock Exchange is on a downward trajectory as of the end of the second round of mass privatizations and the start of the 2008-2009 economic crisis.

The distinction between a domestic and a foreign arbitral award is important because it affects the recognition, enforcement, and legal remedies available under Serbian law. The domicile of the award is determined by the seat of arbitration and the law applied to the arbitral proceedings.

NKO Partners has advised Mark Medical on the acquisition of Hermes-Pharma. Joksovic, Stojanovic & Partners advised the sellers.

Vulic Law has advised Mediolanum Invest JSC on the acquisition of Koncern Farmakom–Lece Mine in Serbia for approximately EUR 35 million.

Harrisons has advised the EBRD on an RSD 1.17 billion (approximately EUR 10 million equivalent) loan under the GEFF Regional framework program to Erste Bank.