In June 2023, the Serbian bid to gain the rights to organize EXPO 2027 prevailed over bids from the United States, Thailand, Spain and Argentina. Belgrade has embraced the concept of “Play for Humanity – Sport and Music for All” for its international exhibition, emerging as the prevailing choice. To realize this vision, Belgrade is committed to constructing a state-of-the-art exhibition center, necessitating substantial investment. The Universal Exhibition, commonly known as “EXPO,” stands as a prestigious global event enabling participating nations to showcase themselves to the world. It serves as a platform to exhibit cutting-edge technological and scientific advancements, cultural […]
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Gecić Law is delighted to announce its successful role as the legal counsel supporting JFE Shoji Corporation and its Serbian affiliate (“JFE Shoji”) in a significant greenfield investment in Serbia. This involved the acquisition of a 10-hectare land plot in the prime industrial zone of Indjija. The investor will construct a cutting-edge production plant in this location, that will serve as headquarters for JFE Shoji’s European operations. The foundation stone laying ceremony for this ambitious Japanese investment took place on March 18, 2024. With an investment of 50 million euros, this pivotal project marks a major milestone for JFE Shoji […]
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Starting today, a significant development in regional cooperation has come to fruition. The unified labor market of the Open Balkan initiative officially commences. Citizens of Serbia, Albania, and North Macedonia can now benefit from greater labor mobility across these three nations. The move is part of the effort to herald a new era of economic opportunity and growth in the region. How Will the Unified Labor Market Work? This initiative, spearheaded by the three countries’ leaders, aims to simplify the employment process across borders. Starting today, if a citizen of Serbia wishes to work in Albania or North Macedonia, they […]
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