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Price Fixing in Public Procurement: Montenegrin Competition Agency finds a restrictive agreement between travel agencies

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 […]

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GDPR-based data protection reform in BiH: BDK Advokati and Foreign Investors Council seminar in Sarajevo

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 […]

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Are employees in Belgrade still entitled to the cost of commute?

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 […]

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Landmark ruling on state aid control by the Administrative Court of Montenegro

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 […]

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Law on Amendments to the Energy Act

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 […]

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BOSQAR INVEST made strategic investment in Mlinar Group

BOSQAR INVEST and its partners invested EUR 100 million for a 67% indirect stake in Mlinar Group, with BOSQAR acquiring an immediate 50.1% stake. MidEuropa Partners will reinvest its remaining stake and continue supporting the newly formed group in its expansion. This investment expands BOSQAR’s Future Food vertical, established earlier this year with the investment […]

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BDK Advokati advised Vetti Group on the acquisition of 80% of Vet Planet Clinic

BDK Advokati advised Vetti Group on the acquisition of 80% of equity in Belgrade-based animal healthcare institution Vet Planet Clinic. Vetti Group is part of Provectus Capital Partners (PCP), a leading independent private equity firm in South Eastern Europe with excessive investment track record in the human healthcare, dental services and veterinary clinics. BDK’s M&A […]