Vulic Law advised the majority shareholders from Greece, in the sale of their stake in one of Belgrade’s most renowned hotels – the four-star IN Hotel. Opened in 2006, IN Hotel is located in close proximity to the Belgrade Arena and the Sava Amphitheatre. With 187 rooms and suites, conference halls, and a wellness center, […]
We are delighted to announce that Vulic Law has successfully advised Mediolanum Invest JSC in the acquisition of one of the largest mines in Southeast Europe—Koncern Farmakom – Lece Mine. This landmark transaction, valued at approximately EUR 35 million, marks a significant investment in the country’s mining sector. The Vulic Law team led by Partner […]
Artificial Intelligence: Serbia’s efforts to improve its position as an Innovator As one of the pillars of the fourth industrial revolution, Artificial Intelligence Serbia has seen significant advancements in recent years. While its development began relatively recently, there has been a rapid expansion of its application, especially in the fields of health, finance, energy, etc. […]
We are pleased to announce that Vulić Law has successfully advised Cofis SA, the former Swiss owners of Holiday Inn Express in downtown Belgrade, on the sale of the property. Due to confidentiality agreements, the sale price and the buyer’s identity cannot be disclosed. Our involvement in this project included providing legal advice, negotiating terms, […]
Vulic Law is delighted to announce that Legal 500 has again ranked the firm among the leading law offices in Serbia. Clients have particularly emphasized our efficient and hands-on approach to solving complex legal issues. We consider this kind of recognition a confirmation of our previous work and efforts, but also a motivation for further […]
Vulic Law has played a pivotal role in facilitating the largest green financing transaction for a Serbian company to date. Acting as legal counsel to the International Finance Corporation, Vulic Law provided expert guidance in a landmark deal that saw IFC extend a substantial loan to Drenik Nd, a major tissue paper producer and distributor […]
Electronic archiving for reliable storage The Regulation pertaining to electronic archiving in Serbia applies specifically to creators and owners of archival and documentary material in electronic form, encompassing both legal and natural persons engaged in economic and non-economic activities. While legal entities may face penalties for non-compliance, no sanctions are anticipated for natural persons or […]
To invigorate the hospitality industry and drive tourism, the Serbian Government has modified the Decree governing incentives for attracting direct investments in the hotel accommodation services sector. This adjustment aims to stimulate hotel development, responding directly to the increased demand for lodging due to the forthcoming international exhibition, EXPO Belgrade 2027. Qualifying for subsidies tied […]
Law on Excise: taxation on energy products, tobacco and alcohol The Law on Amendments to the Law on Excise (“the Law“) was officially published in the Republic of Serbia’s Official Gazette under number 75/2023 on September 6, 2023. It took effect on September 14, 2023, and its provisions have been applied from October 1, 2023. […]
Employees have their own labor set of options and rights In the realm of labor law, there exists a complex web of rights and remedies designed to protect the interests of employees who have been dismissed from their jobs. While employers must adhere to stringent notice procedures when terminating employment, employees have their own set […]