Midea Group successfully completed its acquisition of ARBONIA climate, a division of Arbonia AG, for an enterprise value of EUR 760 million. Midea Group is a global technology enterprise encompassing smart home, industrial technology, building technology, robotics and automation, healthcare, and smart logistics. It has been listed in the Fortune Global 500 for nine consecutive […]
On 5 February 2025, the Constitutional Court of the Republic of North Macedonia annulled the 2023 Solidarity Tax Act. The decision was published on 13 February 2025 in the Official Gazette and is available here in Macedonian language. Solidarity Tax Act The Solidarity Tax Act, which took effect on the day of its publication on […]
On 13 February 2025, the Montenegrin Agency for Protection of Competition ruled that three travel agencies: Marco Polo Travel Agency, Inter Travel Club, and Zinza Group, all based in Podgorica, engaged in a restrictive agreement during a public procurement process. The case was initiated following a request from the Parliament of Montenegro which acted as […]
Bosnia and Herzegovina (BiH) recently joined the group of non-E.U. countries that have based their data protection legislation on the E.U. General Data Protection Regulation (GDPR). The enactment of the law provided an opportunity for BDK Advokati to share with leading Bosnian companies our expertise gained from years of implementing the GDPR and Serbian law […]
According to the Labor Act, an employee has the right to a reimbursement of the costs for commuting to and from work, in accordance with the employer’s Work Rules/Collective Agreement or employment contract, up to the amount of the public transportation ticket price, unless the employer has organized transport for its employees. Therefore, according to […]
The Administrative Court of Montenegro has rejected as unfounded the lawsuit filed by “Barska plovidba” AD Bar (“Barska plovidba“) against the decision of the Agency for the Protection of Competition (“Agency“) ordering the recovery of incompatible state aid, thus making the Agency’s decision final and irreversible. This is the first decision of a Montenegrin court […]
CEE Legal Matters announced the finalists for the 2024 CEE Deals of the Year Awards. Two deals BDK Advokati advised on in 2024 are shortlisted for the Deal of the Year: Aggreko’s Acquisition of Resalta in Serbia, and Merit Starlit 5-Star Hotel and Casino Construction in Montenegro. Aggreko’s Acquisition of Resalta, being a regional deal, […]
The National Assembly of the Republic of Serbia adopted the Law on Amendments to the Energy Act (“the Amendments“) on Wednesday, 27 November 2024. The main purpose of the Amendments is to harmonize Serbia’s regulatory framework in the energy sector with the European Union’s regulations, in accordance with obligations under The Energy Community Treaty and […]
