Month: November 2021

We are delighted to announce that Sliderule Trading Limited, advised by JPM, together with other shareholders of SOJAPROTEIN MK Group, Apsara Limited, Mr. Milija Babovic has today successfully completed the sale of 100% of shares to ADM.

The Law on Use of Renewable Energy Sources and Rational Use of Energy directs that the Agency adopts these methodologies, that apply to power producers in highly efficient cogeneration, small cogeneration, and micro-cogeneration units.

We are pleased to share the satisfaction and pride of the event, which gathered over 180 professionals and answered some of the most important questions on GDPR i.e., Serbian Data Protection Act („the Act “) enforcement. European Data Protection experts shared best practices, together with the experts from the Serbian Commissioner for Information of Public Importance and Protection of Personal Data Office.

On the session held on October 28, 2021, the Energy Agency of the Republic of Serbia has adopted Methodology for Setting Maximum Purchase Electricity Price and Methodology for Setting Maximum Feed-in-Tariff for Electricity.

Energy Agency of the Republic of Serbia has adopted Rules on Prevention of Abuse in Electricity and Natural Gas Markets.

The Government of Montenegro enacted a Bill on amendments of the Bankruptcy Law.

Law on Utilization of Renewable Energy Sources (“Official gazette of the RS” no. 40/2021, “Law on RES”) adopted in April 2021, introduced two types of incentives for electric energy generation from renewable energy sources: i) market premium, and ii) feed-in tariffs.

European Federation of Energy Traders stated its concerns relating to the Rules on Amendments and Supplements of the Electricity Marked Code adopted by EMS on 21 October 2021, related to collateral amounts, periods and lead times of amendments’ introduction.

As reported by RTRS, this is the beginning of the realization of the project for the construction of the first phase of Banja Luka-Prijedor 42 km long highway.

DuluxGroup, an Australian paints group owned by Nippon Paint of Japan, has confirmed entering into a binding agreement to acquire Jub, a large Slovenian paints company, in a deal worth EUR 194.5 million.