We provide a broad range of services to corporations and private businesses, including private and public offerings and mergers and acquisitions.  

In many cases, we serve as general counsel for companies and represent them in all areas of their corporate life, from the original establishment of the enterprise through all aspects of its evolution and operation. 

Law on Enterprises of 1989 made possible for the first time since the World War II for a foreign corporation to establish a wholly owned subsidiary in Serbia. All legal work on the incorporation of the first such subsidiary company was completed by Prica & Partners. The company was 100% owned by Shell which we actively represent to this day.

Our firm has since incorporated a large number of wholly owned subsidiaries of foreign corporations, amongst others Cisco, DHL, DuPont, HBO SEEElectrolux, Enel TradeGlobal Maintenance, IKEAWizzAir, Xerox.

From 2000 when Serbia finally opened up to foreign investment, types of investment have become diversified and more sophisticated. The regulatory framework has since changed to allow for such transformation and our office participated in drafting and creating the new legal framework. This change has allowed for larger scale investments in new industries and new opportunities for foreign investors. 

The full scale privatization in Serbia commenced in 2001 with the enactment of the Privatization Law, which had set the target to privatize all state and socially owned enterprises. In 2001 we acted as counsel on the buyer's side in the first tender privatization of the largest cement factory by Lafarge. Since then we have been involved, either on the buyer's or on the seller's side in many privatization projects that included the privatization of major banks (e.g. Continental Bank, Novosadska banka); metal production companies; breweries (e.g. BIP); tour operators; tyre processing companies; chemical industry, etc.

Other representative corporate matters include assisting:

  • Republic of Serbia, in cooperation with Lazard Freres, in the largest privatization project to date in Serbia - sale of majority shareholding in telecom and mobile operator Telekom Srbija a.d.; 
  • Gucci (member of the Kering Group) in acquisition of the leather factory Fabrika Koze Ruma via court sale;
  • Istrabenz, Slovenia on Serbian aspects of €382 mn sale of Droga Kolinska, majority shareholder in three major Serbian food and beverage manufacturers, to a Croatian company Atlantic Grupa;
  • Ruukki Group Plc., Finland regarding contemplated joint venture for development and implementation of mining projects in the Republic of Serbia and Republic of Srpska (Bosnia and Herzegovina);
  • AutoBinck N.V. in acquisition of shares in, inter alia, subsidiaries of Hyundai in both Serbia and Montenegro;
  • Chrysler, USA in separation from Daimler AG and subsequent intra-company share transfer;
  • Duferco SA, a Swiss client in a potential acquisition of a limited liability company in Serbia;
  • Gazprom Neft, Russia in €400 mn acquisition of NIS - Petroleum Industry of Serbia (the largest privatization project of 2008 and 2009 in Serbia);
  • M-Tel, consortium of Austrian private investors in acquisition of a privately owned stake in capital of the largest mobile telecommunication company in Serbia and subsequent creation of a new mobile telecommunication company and its final €1,5 bn sale to Telenor, Norway;
  • Gruner & Jahr, Germany in acquisition of a stake in a major newspaper company in Serbia, with legal assistance in subsequent sale of capital to another foreign investor.

"Prica & Partners has an ‘impressive pool of talented and helpful M&A lawyers’, who ‘provide a high standard of client service and are pleasant to work with’. The firm advised the Serbian government on the proposed but ultimately unsuccessful privatisation of Telekom Srbija. Aleksandar Preradovic and Danica Gligorijevic ‘are especially strong lawyers’." -Legal 500 (2016)