Newsletter

Rules enacted on the basis of new Law on Foreigners

The Minister of Interior has enacted the Rules on Fulfillment of Conditions for Approval of Temporary Residence to Foreigners with respect to Health Insurance (Pravilnik o ispunjenosti uslova za odobrenje privremenog boravka stranaca u pogledu zdravstvenog osiguranja) (“Rules”), implementing the provisions of the new Law on Foreigners which mandate obtaining health insurance as a condition […]

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Serbian government adopts amendments to privatization decrees

Amid fears that the on-going global credit crisis may interfere with the finalization of the privatization of socially-owned enterprises in Serbia, the Government of Serbia (“GoS”) has adopted amendments to the three main privatization decrees with the principal aim of facilitating the procedure of payment of the purchase price under privatization agreements. Amendments to the […]

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Serbian Agency for Telecommunications (RATEL) adopts by-laws regulating VoIP, international connections and telecommunication networks

The Serbian Agency for Telecommunications (“RATEL”) adopted on 17 October three by-laws regulating VoIP, international connections and telecommunication networks, respectively. The by-laws represent a step towards liberalization of fixed telephony and wholesale internet market in Serbia. It is expected that the first results of the aforementioned by-laws, i.e. reduction of internet prices and registration of […]

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Law on Planning and Construction in Montenegro

The new Montenegrin Law on Planning and Construction (Zakon o uredjenju prostora i izgradnji objekata,Official Gazette of Montenegro, n.51/08) is aimed at replacing several laws which dealt separately with spatial planning, construction land and construction procedure. The lawmakers’ intention was to create a comprehensive regulatory framework that would stimulate major infrastructure projects in Montenegro and […]

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Montenegrin draft Concession Law and Amendments to Decree on Promotion of Direct Investments in Serbia

Montenegrin draft Concession Law The Ministry for Economic Development of Montenegro has published a draft Concession Law ( “Draft” ). Concessions have until now been regulated by the Law on Participation of P rivate Sector in Performance of Public Services (Of ficial Gazette of RoM, n.30/2002) which was, due to its complexity and poo rly […]

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New Labor Law in Montenegro

The new Montenegrin Labor Law resembles the Serbian Labor Law enacted in 2005. However, some important provisions are left out, such as those regulating the status of general managers who are not employed with the company in which they serve. Anti-discrimination and anti-harassment provisions In accordance with the EU directives, the new Labor Law prohibits […]

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Amendments to Serbia’s Privazation Law and Privatization Decree

In final days of 2007, the General Assembly of the Republic of Serbia enacted the Amendments to the Privatization Law („Amendments“). The Amendments remove many interpretation dilemmas that were caused by loopholes in the earlier version of the Privatization Law (“PL”). In particular, the Amendments supplement the provisions on restructuring, mandatory debt relief and termination […]