Elevating Excellence: Gecić Law’s Remarkable Performance in Legal 500 EMEA 2024 Guide

Gecić|Law proudly upholds its legacy of excellence with exceptional rankings in the esteemed Legal 500 EMEA 2024 guide, showcasing the firm’s unwavering dedication to providing outstanding service and the unmatched expertise of its teams and individuals. For an impressive eighth year in a row, Gecić|Law’s distinguished Competition practice maintains its Tier 1 status, showcasing remarkable achievements across EU law, state aid, and international trade, solidifying its reputation as a frontrunner in the legal arena. Once again, our Founder and Managing Partner, Bogdan Gecić, joins the distinguished few in the elite EMEA Hall of Fame, reaffirming his position as a preeminent figure in competition law for three consecutive […]

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25 Mar 2024

ESG Chat @ Gecić Law – ESG in the textile industry: sustainable business as a development imperative – Elvisa Koca, Eurotay

In our ongoing journey to illuminate the critical significance and far-reaching impact of Environmental, Social, and Governance (ESG) principles across various industries, we proudly unveil the latest edition of our ESG Chat @ Gecić Law series of interviews.  In our new installment, we are thrilled to present a compelling dialogue with Elvisa Koca, Human Resources Manager at Eurotay in Serbia.  This insightful conversation takes us deep into the heart of the textile industry, offering profound insights.  It chiefly delves into how ESG considerations seamlessly integrate into the sector, influencing everything from production methods to corporate ethos. Our guest has tremendous […]

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22 Mar 2024

AI shaping the public opinion in news media – what the public wants to hear vs what the public needs to hear

A lot has been said about artificial intelligence (AI).  It is reshaping global business and everyday life worldwide and by no means, it is a new industrial revolution. Mankind’s striving for an easier life has led to the creation of a fast-learning, self-aware creature which shall irreversibly become an unexpected (or perhaps unwanted) member of society. We have witnessed the universality of AI’s application.  Here, we are focusing on the use of AI in the sphere of news media business.  AI has been widely employed in gathering news information.  It may also filter false data and fake news, contributing to […]

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19 Mar 2024

EXPO 2027 Already Sparks Interest Around the Globe

In June 2023, the Serbian bid to gain the rights to organize EXPO 2027 prevailed over bids from the United States, Thailand, Spain and  Argentina. Belgrade has embraced the concept of “Play for Humanity – Sport and Music for All” for its international exhibition, emerging as the prevailing choice.  To realize this vision, Belgrade is committed to constructing a state-of-the-art exhibition center, necessitating substantial investment. The Universal Exhibition, commonly known as “EXPO,” stands as a prestigious global event enabling participating nations to showcase themselves to the world. It serves as a platform to exhibit cutting-edge technological and scientific advancements, cultural […]

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18 Mar 2024

Gecić Law Supports JFE Shoji’s Landmark Investment in Serbia

Gecić|Law is delighted to announce its successful role as the legal counsel supporting JFE Shoji Corporation and its Serbian affiliate (“JFE Shoji”) in a significant greenfield investment in Serbia.  This involved the acquisition of a 10-hectare land plot in the prime industrial zone of Indjija.  The investor will construct a cutting-edge production plant in this location, that will serve as headquarters for JFE Shoji’s European operations.  The foundation stone laying ceremony for this ambitious Japanese investment took place on March 18, 2024. With an investment of 50 million euros, this pivotal project marks a major milestone for JFE Shoji in […]

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13 Mar 2024

Gecić|Law Supports Strategic EBRD and ENEF II Investment in Vega IT’s Expansion

Gecić|Law is proud to announce its pivotal role in supporting a significant financial transaction between the European Bank for Reconstruction and Development (EBRD), Enterprise Expansion Fund II (ENEF II) as lenders and Vega IT. The EBRD and ENEF II has committed to a senior secured loan of to support the expansion efforts of Vega IT, a premier Serbian software development company. As the local counsel for the EBRD and ENEF II in this transaction, Gecić|Law provided comprehensive legal advice, ensuring adherence to Serbian regulatory standards. Our team’s involvement spanned the due diligence, preparation, negotiation, and completion of critical finance and […]

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12 Mar 2024

Privacy Boundaries: The Ronos Case and Implications for Antitrust Enforcement

Instead of Introduction The Court of Justice of the European Union (“CJEU“) opened proceedings on Case C-619/23, Ronos, according to a request for a preliminary ruling by the Administrative Court of Sofia District – Bulgaria (“Court”).  The Court requested an interpretation of the scope of powers of the Bulgarian antitrust authority (“CPC”) action in seizing conversations from a private mobile device during dawn raids carried out at premises of undertakings investigated for alleged cartel infringements. This request for a preliminary ruling on how EU law interacts with guarantees of basic human rights established in the Bulgarian Constitution gives the European […]

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07 Mar 2024

Ivana Stojanović Raišić Recognized as a 2024 TerraLex Trailblazing Woman

Gecić | Law proudly announces that Ivana Stojanović Raišić, a key member of its legal team, has been honored as a 2024 TerraLex Trailblazing Woman. The prestigious recognition is awarded by TerraLex, an elite global network of independent law firms, as part of the celebrations of Women’s History Month and International Women’s Day.  The honor celebrates remarkable individuals who have impacted their firms profoundly both professionally and personally and paved the way for future generations of women in the legal profession. Gecić Law is a proud exclusive member of TerraLex for the jurisdictuions of Serbia and Montenegro. Ivana’s selection as […]

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06 Mar 2024

Navigating GDPR Compliance: Analysis of Article 30 and the Record of Processing Activities (ROPA)

Introduction In the contemporary legal landscape, data privacy stands as a paramount concern, with the General Data Protection Regulation (GDPR) serving as the cornerstone legislation governing the processing of personal data within the European Union (EU) and beyond.  Article 30 of the GDPR imposes a pivotal obligation on data controllers and processors to maintain a meticulous Record of Processing Activities (ROPA).  This article endeavors to elucidate the intricacies surrounding Article 30, offering practical insights and dissecting the evolving practices of Data Privacy Authorities concerning ROPA compliance. Understanding Article 30 of GDPR GDPR Recital 82 states: “In order to demonstrate compliance […]

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05 Mar 2024

The Open Balkan Unified Labor Market Launched

Starting today, a significant development in regional cooperation has come to fruition.  The unified labor market of the Open Balkan initiative officially commences.  Citizens of Serbia, Albania, and North Macedonia can now benefit from greater labor mobility across these three nations.  The move is part of the effort to herald a new era of economic opportunity and growth in the region. How Will the Unified Labor Market Work? This initiative, spearheaded by the three countries’ leaders, aims to simplify the employment process across borders.  Starting today, if a citizen of Serbia wishes to work in Albania or North Macedonia, they […]

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