New round of BDK promotions
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BDK promotions 2021/2022

We are happy to announce promotions, effective as of 1 January 2022! This year, we promote four of our colleagues to the next level of their professional careers within our firm. Dragoljub Sretenović from our Banking & Finance practice is being promoted to the position of Partner. Dragoljub contributes nine years of experience. Throughout that […]

Investment Protection Between Serbia and Major Economies: Russia
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Investment protection between Serbia and major economies: Russia

Investment Flows We continue our series on investment protection between Serbia and major economies with the post on Russia. According to the Development Agency of Serbia, Russia is not among the top countries of origin of foreign investments in Serbia. However, according to the International Monetary Fund‘s Coordinated Direct Investment Survey for 2019, Russia is […]

Can a fixed-term employee be declared redundant under Serbian law?
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Republic of Srpska (Bosnia and Herzegovina) enacts anti-mobbing legislation

The Act on Prohibition of Harassment at Work (“Anti-Harassment Act”) of Republika Srpska entered into force on 19 October 2021. It introduces protection mechanisms against harassment within the work environment and imposes certain ex ante obligations on the employers. Definition of harassment at work Harassment at work is defined as any behavior (physical, verbal, or […]

Innovation incentives in Montenegro
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Innovation incentives in Montenegro

Montenegro has specific tax rules applicable to innovative companies, within the framework of the  Innovation Activity Act (Zakon o inovacionoj djelatnosti), the Act on Incentives for Research and Innovation Development (Zakon o podsticajnim mjerama za razvoj istraživanja i inovacija), and implementing rulebooks, the key ones being the Rulebook on Registry of Innovation Activity (Pravilnik o […]

Investment Protection Between Serbia and Major Economies: China
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Investment protection between Serbia and major Economies: China

Investment Flows Following our initial post on the United States, we continue our series on investment protection between Serbia and major economies with the focus on China – one of the most important and publicized sources of foreign investments in Serbia. The Development Agency of Serbia reports that China ranks seventh country of origin of […]

Controversial amendments to the Serbian Expropriation Act – what is the the meaning of public interest
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Controversial amendments to the Serbian Expropriation Act – what is the meaning of public interest

On 26 November 2021, the National Assembly enacted the amendments to the Expropriation Act (“Amendments“), a legislation that originates from 1995 and has not been significantly updated since 2009. A number of public intellectuals, NGOs and opposition parties have loudly criticized the Amendments. We outline below the most important changes. Notion of public interest By […]