18.11.2021.

News On Renewable Energy Sources in Serbia

AERS has adopted two Methodologies in the field of renewable energy sources

At its session held on November 4, 2021, the Energy Agency of the Republic of Serbia (hereinafter: the “AERS”) adopted the Methodology for Determining the Maximum Purchase Price for Electricity and the Methodology for Determining the Maximum Feed-in Tariff for Electricity (hereinafter collectively referred to as: “Methodologies“)

These Methodologies create preconditions for the implementation of the new Law on the Use of Renewable Energy Sources (“Official Gazette of RS”, No. 40/2021) and the start of the auction process for electricity produced from renewable sources.

Both Methodologies are based on the levelized cost of electricity (LCOE) model, which is used in most auctioned countries.

The method of leveling the price of electricity (LCOE) determines the maximum purchase price of electricity and the maximum feed-in tariff, which should provide protection against the risk of awarding incentives to projects with very high bids at auctions.

18.09.2024.

Lack of Transparency in Property Ownership in Serbia

One of the most significant challenges foreign buyers face when purchasing real estate in Serbia is the lack of transparency in property ownership documentation. Ownership records are often incomplete, outdated, or unclear. This makes it difficult to confirm the rightful owner of a property. Such lack of clarity can lead to legal disputes, ownership claims, […]

18.09.2024.

Understanding Legal Restrictions on Foreign Ownership of Property in Serbia

Serbia’s real estate market offers significant opportunities for foreign investors. However, for those looking to purchase property, it’s essential to understand the legal restrictions imposed on foreign ownership. Serbian law differentiates between foreign buyers from European Union (EU) countries and those from non-EU countries, with specific limitations on certain types of land, such as agricultural […]

18.09.2024.

Real Estate Purchases in Serbia: A Guide for Foreign Buyers

Purchasing real estate in Serbia as a foreigner can be a rewarding investment, but the process is not without its complexities. From legal restrictions to understanding local taxes, there are many hurdles foreign buyers may face. This guide covers the most common challenges and provides essential insights into overcoming these obstacles. By addressing these areas […]

16.09.2024.

Integration and Post-Deal Challenges in Serbian M&A

Successful post-merger integration is critical for realizing the value of any Mergers and Acquisitions (M&A) deal. However, foreign law firms managing M&A transactions in Serbia often face unique integration and post-deal challenges. These challenges stem from local employment laws, regulatory compliance, and differences in corporate governance practices. Additionally, labor law complications, such as managing employee […]

16.09.2024.

Dispute Resolution Uncertainty in Serbian M&A Deals

Dispute resolution uncertainty is a significant challenge for foreign law firms involved in Mergers and Acquisitions (M&A) in Serbia. The Serbian legal system can sometimes be perceived as unpredictable or slow, complicating the enforcement of contracts and the resolution of disputes. Moreover, while arbitration is often preferred for international disputes, the enforcement of foreign arbitral […]

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News On Renewable Energy Sources in Serbia

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