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Belgrade | Serbia

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Danube Business Center
Bulevar Mihaila Pupina 10L,
9th Floor
11000 Belgrade
Serbia

+381 11 3210 200

Serbia: New draft RES law – Contours of the new support scheme for renewable energy sources

January 2021 –  The Ministry of Mining and Energy (“Ministry”) has published the Draft Law on Renewable Energy Sources (“Draft RES Law”) following its recent adoption of guidelines relating to the Draft RES Law (“Guidelines”). The Draft...

Serbia: New Draft Energy Law – Shortcut to Investment and Innovation

January 2021 – On 20 January 2021, the Serbian Ministry of Mining and Energy published a long-awaited draft of the Law on Amendments to the Energy Law (“Draft Energy Law”), together with the call for public consultation, which runs from 21 January...

2021 – The start of a “game change” in Serbia’s renewable energy sector

January 2021 – Following the expiration in Serbia on 31 December 2019 of the “Regulation on Incentive Measures for the Production of Electricity from Renewable Sources and from High-Efficiency Electricity and Thermal Energy Cogeneration”[1], the...

Kinstellar advises Austrian KA Finanz AG on the sale of a Greek municipal loan portfolio to Piraeus Bank SA

January 2021 – Kinstellar is delighted to have advised Austrian KA Finanz AG, as the legal owner, on the sale of a Greek municipal loan portfolio to Piraeus Bank SA. KA Finanz AG is the wind up entity of  Kommunalkredit Austria AG, a bank focused on...

Kinstellar advises Nova Ljubljanska banka d.d. on the acquisition of Komercijalna banka a.d., Serbia’s largest financial sector privatisation

January 2021 – Kinstellar is delighted to announce that on 30 December 2020 our client, Slovenia’s Nova Ljubljanska banka d.d. (“NLB”), completed its acquisition of an 83.23% ordinary shareholding in Serbia’s Komercijalna Banka a.d. Beograd...

Kinstellar advises Arena Hospitality Group on the acquisition of Hotel 88 Rooms in Belgrade

December 2020 – Kinstellar is pleased to announce that it has successfully advised Croatia-based Arena Hospitality Group on the acquisition of Hotel 88 Rooms in Belgrade through its local subsidiary in Serbia. The value of the transaction is close...

Updated Overview of the 5G Auctions in Central and Eastern Europe

December 2020 – The introduction of 5G networks will bring significant changes to the telecommunications market. Not only will the technology open up a wide range of new possibilities in a variety of sectors (including manufacturing, health, energy...

The aftermath of Schrems II: Increased need for adequacy assessments of the legal systems of non-EU countries to ensure data transfer compliance with the GDPR

November 2020 – On 16 July 2020, the Court of Justice of the EU (“CJEU”) issued a landmark judgment in the case of Data Protection Commissioner v Facebook Ireland Limited and Maximillian Schrems (“Schrems II Decision”).

Draft Serbian Law on Digital Assets published for public consultations

October 2020 – On 13 October 2020, a draft Law on Digital Assets (the “Draft”) was published in Serbia for public consultations, which will be open until 28 October 2020. Below is a preliminary overview of the main provisions of the Draft. A more...

Kinstellar’s Belgrade office advises the Serbian Orthodox Church on claims before the English High Court

September 2020 – Petar Grozdanović, Counsel at Kinstellar’s Belgrade office, has recently been involved in an English High Court case in which English solicitors initiated a series of claims against the Serbian Orthodox Church. Petar worked together...