Amendments to the Labor Law In hope of forestalling the rise of unemployment rate in Serbia, the National Assembly of Serbia adopted an amendment to the Labor Law dealing with paid leave. Prior to the amendments, the employer was entitled to send its employees on paid leave only in case of interruption of work process. As […]
The new Serbian Law on Protection of Competition (“Law”) applies to all proceedings initiated after 1 November 2009. The Decree on the criteria for determining the relevant market (“Relevant Market Decree”) and the Decree on the content and manner of submission of a notice on concentration (“Concentration Filing Decree”) came into force on 10 November […]
As part of the process of restructuring the energy market in Montenegro, the Regulatory Agency of Montenegro enacted at the very end of 2008 several regulations which, from the regulatory point of view, mean opening of the Montenegrin electricity market as of 1 January 2009. Concurrently, the Public Power Company of Montenegro (“EPCG”) acting as […]
The Government of Serbia has adopted a decree on feed-in tariffs effectively permitting subsidies to producers of energy from renewable sources and combined plants. Tariffs guaranteed by the Decree are as follows: 7.8 to 9.7 eurocents per kWh for small hydro power plants, 11.4 to 13.6 eurocents per kWh for biomass plants, 12 to 16 […]
Extension of temporary residence The new Law on Foreigners, which is applicable from 1 April 2009, introduces an important novelty pertaining to temporary residence status. Namely, a foreigner who wants to extend his/her temporary residence status must submit a request to the authorized body of the Ministry of Interior (i.e. a local police station) no […]
One year behind the schedule imposed by Annex 1 of the Athens Treaty, the Montenegrin Regulatory Agency enacted at the end of 2008 several regulations aimed at creating some of the necessary conditions for the upcoming liberalization of the energy market: the Decision on the Opening of Electricity Market, the Decision on Determining the Public […]
The Serbian Government, the representative trade unions, and the Union of Serbian Employers (Unija poslodavaca Srbije) reached an agreement on amendments to the General Collective Agreement (Opšti kolektivni ugovor, “Službeni glasnik RS” n. 50/2008, 104/2008 and 8/2009) and its extended application to all employers in the Republic of Serbia on 30 January 2009. In line […]
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 […]
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 […]
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 […]
