The National Assembly of the Republic of Serbia recently amended two tax laws as part of broader public finance and tax reforms: The Greenhouse Gas Emissions Tax Act (“GHG Emissions Tax Act”); and The Carbon-Intensive Products Import Tax Act. The amendments entered into force on September 8, 2026. The amendments to the GHG Emissions Tax Act primarily reflect recommendations from the Serbian State Aid Control Authority. In its Opinion of August 4, 2026, the Authority identified potential state aid implications in the existing tax credit provisions. It proposed changes to align those provisions with state aid control rules. The amendments […]
Details
Gecić Law has earned a place in the finals for Competition Firm of the Year at The Legal 500 CEE Awards 2026. The Legal 500 selected Gecić Law among just seven finalists from across Central and Eastern Europe. Gecić Law is also the only independent law firm based in Southeast Europe shortlisted in this category. The nomination adds another important recognition for a practice with a long-standing position among the region’s competition law leaders. A Decade of Tier 1 Competition Recognition The recognition follows another outstanding result in The Legal 500 EMEA 2026. Gecić Law’s Competition practice retained its Tier […]
Details
Gecić Law advised United Group S.à r.l., Luxembourg (formerly Slovenia Broadband S.à r.l.), as lead counsel on the sale of its Serbian courier and logistics subsidiary, D Express d.o.o. Beograd, to Austrian Post. Austrian Post completed its acquisition of 100% of D Express on October 1, 2026, following the Serbian Competition Authority’s approval of the transaction and the parties’ satisfaction of the remaining closing conditions. The transaction The transaction represents an important development in the continued consolidation and expansion of the Serbian and wider regional courier, express delivery, and logistics market. D Express is an established Serbian parcel delivery business […]
Details
Gecić Law acted as lead Serbian and Western Balkans counsel to Telekom Srbija, the Belgrade-headquartered telecommunications group operating in Serbia, Bosnia and Herzegovina, and Montenegro, on its €1.95 billion offering of senior unsecured notes in three tranches, announced on May 12, 2026. Gecić Law worked hand in hand with Cadwalader, Wickersham & Taft LLP (now Hogan Lovells Cadwalader LLP) as international counsel. Telekom Srbija reported an order book of US$13.87 billion from around 300 institutional investors. The offering is the Group’s second international bond, following its US$900 million inaugural notes of October 2024, on which Gecić Law also acted as […]
Details
Gecić Law acted as lead counsel to Telekom Srbija Group on a US$50 million financing, backed by the Export-Import Bank of the United States (EXIM), for the deployment of Telekom Srbija’s 5G network in Serbia, using trusted vendors. EXIM’s Board of Directors issued its final commitment for the guaranteed financing on May 8, 2026, under the bank’s China and Transformational Exports Program (CTEP), following a preliminary commitment approved on December 19, 2024. It is the first EXIM-supported 5G network financing in the Western Balkans and the first use of CTEP for a 5G network in the region. The financing will […]
Details
Gecić Law acted as lead legal counsel to Alta Group in connection with Raiffeisen Bank International AG’s (RBI) voluntary public tender offer to acquire control of Addiko Bank AG. Alta Group took part as an existing Addiko shareholder and as RBI’s contractual counterparty under arrangements relating to the offer. With acceptances for 56.16% of the Addiko shares subject to the offer, above the 55% minimum threshold, the offer has reached a key milestone. Completion remains subject to the outstanding closing conditions. Gecić Law’s role As lead legal counsel, Gecić Law advised Alta Group on the principal transactional, regulatory and strategic […]
Details
Gecić Law is advising ALTA Retail d.o.o. in relation to its acquisition of Idea Marketi d.o.o. Beograd and four affiliated companies from Fortenova Group. The sale and purchase agreement was signed on September 14, 2026. The closing of the transaction is subject to the satisfaction of conditions precedent set out in the transaction documents. The Transaction Idea Marketi is one of Serbia’s largest retail chains and among the country’s top ten employers, operating stores under the Idea, Mercator, and Roda brands across more than 80 cities and municipalities. The transaction also includes Enna Fruit Grocka Beograd, Super Kartica Beograd, M-Profil […]
Details
Gecić Law has reached the finals of The Lawyer European Awards 2026 in a record five categories — the highest number in our history and the most nominations secured by any independent law firm headquartered in South Eastern Europe this year. The result marks our ninth consecutive year in the finals and follows our 2025 victory as Law Firm of the Year: South Eastern Europe. It also extends a track record that now spans regional recognition, cross-border strategy, energy transition, finance, and litigation. This year, Gecić Law competes in five categories, alongside some of the finest law firms on the […]
DetailsWhales: Giants of the Ocean Whales are among the largest and most remarkable animals on Earth. These marine mammals live in oceans around the world, from warm tropical waters to the cold seas surrounding the poles. Life Beneath the Surface Although whales spend their lives in water, they breathe air through blowholes located on top of their heads. They must regularly return to the surface to breathe before diving again in search of food or traveling through the ocean. Whales are warm-blooded, give birth to live young, and nurse their calves with milk. A thick layer of fat called blubber […]
Details
For boards and CFOs, the most dangerous shortcut is to reduce Serbia’s new Trade Practices Act regime to the phrase ‘the fine is 0.2%’. The Act actually starts with a basic amount of 0.1% or 0.2% of total annual revenue generated in Serbia and then adjusts that amount by reference to specified statutory circumstances. Procedural and periodic penalties, corrective measures, and public enforcement exposure sit alongside that calculation. Why the CFO and board should track this risk Unfair-trading-practice exposure is not confined to the legal team. The basic amount is tied to the party’s total annual revenue generated in Serbia […]
Details