The current global environment is giving BNPL (“buy now pay later”) incredible momentum. People are working and shopping more and more from their homes. Many of them need more financial support than usual to complete their purchases. That is where BNPL comes in handy. The basic model is simple: BNPL allows the customer to pay […]
Introduction to the Series Foreign investments play an important role in Serbia’s economic policy. With 53 signed bilateral investment treaties (“BITs“), only few of which are not in force, Serbia has a notable network of international investment protection instruments for an economy of comparable size. However, investment protection regimes applicable between Serbia and various countries […]
Low notification thresholds Competition laws of Serbia, Montenegro and Bosnia and Herzegovina have notoriously low merger control notification thresholds. In all three jurisdictions, it is sufficient for one party to a concentration to have sales on the local market for the concentration to be notifiable. Specifically: In Serbia, concentration is notifiable if: the aggregate combined […]
DoorDash, Inc. (NYSE: DASH) has reached a deal to acquire Finnish food-delivery company Wolt Enterprises OY in an all-stock transaction valued at approximately EUR 7 billion. Helsinki-based Wolt operates in over 180 cities across 23 European countries, including Serbia. It has over 45 000 merchant partners, 90 000 courier partners and 12 million registered customers […]
The first recovery order since the enactment of the Serbian State Aid Control Act was issued on 1 November 2021. It directs the Ministry of Finance to recover from the Serbian subsidiary of the Italian shoe-maker Geox a total of approximately RSD 414 million (approx. EUR 3.5 million), with default interest running from two different […]
BDK Advokati has been ranked as Highly Recommended law firm in Serbia by Benchmark Litigation Europe 2022, while our Managing Partner Tijana Kojović has been ranked as Litigation Star in the areas of Commercial and transactions and Competition/antitrust. Full rankings are available here.
First day of the 10th International Energy and Investment Days was held yesterday in Congress Centre “Master” of the Novi Sad Fair. The Association Renewable Energy Sources of Serbia (RES Serbia) and BDK Advokati hosted the panel discussion dedicated to investments in the renewable energy sector in Serbia. Panelists Dejan Popović, the president of the […]
According to the Labour Act, a number of employment-related decisions (e.g. decision on termination of employment, decision on overtime work, decision on suspension etc) must be personally served on the employee at the employer’s premises, or at the employee’s address by registered mail. In case personal service fails, the decision must be published on the […]
On 22 September 2021, the Icelandic data protection authority (“Persónuvernd“) issued a ruling against a law firm, Magna Lögmanna ehf (“Magna“), in which it determined that the law firm’s disclosure of complainant’s personal data to the general e-mail address of an Icelandic municipality did not comply with GDPR. The complainant was in a dispute with […]
