Bojović Drašković Popović & Partners advises Turkish company Feka Automotive on acquisition of the land to build car components plant in Ćuprija – Investment worth over EUR 11 million, jobs for 130 people

Turkish company Feka Automotive, which produces car parts, signed on 24 April 2019 the agreement on acquisition of the land of 40,000 m2 with Municipality of Ćuprija, for the purpose of construction of a production plant for car components in Ćuprija of 10,000 m2.

The investment is worth over EUR 11 million, and more than 130 workers will be employed.

Feka Automotive is a family company which has been producing parts and components for the auto-industry for 30 years now, primarily lighting signalization, interior lights, rear view mirrors and water tanks.

The BD2P team which advised on the transaction was led by partners Uroš Popović and Ivan Gazdić together with senior associate Mario Kijanović.

Bojović Drašković Popović & Partners hosted a cocktail together with the Belgrade Dance Festival

BalletX, Philadelphia’s premier contemporary ballet company, gathered a number of art lovers on Saturday, 30 March at Madlenianum, within the Belgrade Dance Festival.

It was our honour to host a cocktail together with the Belgrade Dance Festival for all the friends of the festival as well as for our respected guests who honoured this event with their presence. In the beautiful ambient of Madlenianum we enjoyed the company of their excellences ambassadors of the USA, Canada, Morocco as well as other officials, followed by a magnificent performance of world class dancers.

BelletX, founded in 2005 by Christine Cox and Matthew Neenan, challenges the boundaries of classical ballet by encouraging formal experimentation while preserving rigorous technique.

More about Belgrade Dance Festival can be found here.

The New Law on Personal Data Protection

On 9 November 2018 the National Assembly of Serbia has adopted the long awaited new Law on Personal Data Protection (Zakon o zaštiti podataka o ličnosti, Official Gazette of the Republic of Serbia, no. 87/2018) (hereinafter: the Law).

The main reason behind the adoption of this new piece of legislation is harmonization with the European Union rules, i.e. ensuring the same level of protection of personal data as in the European Union member states. The introduction of the Law is part of Serbia’s obligations in process of the accession to the European Union. Further, the Law was adopted with the aim of facilitating the conducting of business of companies, having in mind the current level of application of modern information technology and social networks. Namely, the general assessment of the previous law on personal data protection is that it was already outdated at the time of its adoption, and therefore its application in practice was often marred by significant difficulties. 

The Commissioner for Information of Public Importance and Personal Data Protection (hereinafter: the Commissioner)'s stand regarding the text of the Law is that it represents a literal translation of the General Data Protection Regulation (hereinafter: the GDPR), and therefore exhibits a high level of formal compliance with the respective regulation of the European Union, but the practical application in Serbia is highly questionable. 

Further, despite the Commissioner’s numerous complaints and suggestions, the Law does not regulate video surveillance, which remains in the gray area. The Commissioner has also found Article 40 of the Law to be quite controversial as it allows the limitation of certain fundamental rights and obligations envisaged by the Law, in a rather imprecise manner and without reference to the law as a legal ground for such limitation. Therefore, there is a potential threat that authorities or companies that handle personal data may restrict citizens' rights without explicit legal authority and at their own discretion.

To read more please follow the link.

To read what Uroš Popović quoted for Data Guidance about the new Law on Personal Data Protection please follow this link.