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Portrait ofMaja Stepanović

Maja Stepanović

Partner

Petrikić & Partneri AOD
in cooperation with CMS Reich-Rohrwig Hainz
Krunska 73
11000 Belgrade
Serbia
Languages Serbian, English

Maja Stepanović joined CMS Belgrade in 2002 after having worked with a local law office for several years. She specialises in all aspects of corporate law and transactions, including privatisations (advising both the government and bidders), mergers, acquisitions and disposals (the sell side and the buy side), joint ventures, partnerships and shareholders' agreements. She is experienced in a broad range of national and international transactions, and provides day to day assistance to clients in their ongoing corporate activities.

She also specialises in commercial law, and has been advising manufacturers, suppliers and trading companies on various matters, including distribution, framework supply and purchase agreements, general terms and conditions, as well as franchising agreements.

Maja Stepanović has a strong practice in the pharmaceutical and medical devices areas, offering advice that covers advertising and marketing, anti-counterfeiting, licensing, and regulatory matters.

She is a registered IP agent and assists clients in securing and protecting their IP rights through the registration process and contractual arrangements, but also advises them in litigation proceedings in the cases of counterfeits and piracy.

She also provides legal advice on public procurement and PPP. She advised and assisted EBRD and the Government of Serbia in relation to the drafting of Serbia’s concession and PPP legislation.

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Memberships & Roles

  • Belgrade Bar Association
  • Serbian Bar Association
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Education

  • 2004 – Professional Representative to the Intellectual Property Office of the Republic of Serbia
  • 1997 – Bar exam, Ministry of Justice of the Republic of Serbia
  • 1994 – Law School, University of Belgrade
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12/05/2022
10 key aspects of the revised EU competition law in the field of distribution...
The new Vertical Block Exemption Regulation (VBER) and the new accompanying Vertical Guidelines (VGL) were published on 10 May 2022. The new VBER will enter into force on 1 June 2022 and apply for the next twelve years. The new VBER/VGL introduce sev

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18/12/2023
Digital health apps and telemedicine in Serbia
Digital Health Apps/Software 1. How is the software within digital health apps classified in your jurisdiction, and what regulation(s) apply? Medical devices for human use are regulated by the Law on...
Comparable
13/12/2023
Serbian state aid - foreign investors’ perspective
Serbia’s regulatory framework has been continuously changing in an attempt to provide attractive incentives for foreign investors tailored to meet their investment needs. Discover how these incentives align with your foreign direct investment (FDI) goals to unlock opportunities in Serbia.
08/11/2023
Cannabis law and legislation in Serbia
Medical use The Serbian Law on Psychoactive Controlled Substances and related regulations consider cannabis as psychoactive controlled substance (narcotic drug). Cannabis is treated in the same manner...
14/09/2023
CMS Belgrade assists Palfinger
Published on 14 September 2023CMS Belgrade has been assisting Palfinger AG, a global leader in innovative crane and lifting solutions, in opening a new component plant in Niš, Serbia. Palfinger operates with over 12,500 employees and 30 manufacturing sites, and has a sales and service network of around 5,000 locations in more than 130 countries on all continents. Palfinger is investing EUR 35.5 million in the new plant in Serbia, which is expected to start production in 2024. This state-of-the-art facility will adhere to industry-leading standards, incorporating advanced energy-saving and en­ergy-gen­er­at­ing technologies, such as photovoltaic systems on the roof of the future plant, as well as the latest cooling and heating technology inside the factory. Our team of expert lawyers, led by Radivoje Petrikić, Partner CMS Vienna and Managing Partner CMS Belgrade, and Maja Stepanović, Corporate/M&A Law Partner, with valuable contributions from Tamara Zejak, Ksenija Ivetić Marlović and Teodora Vujošević, has provided comprehensive legal support in the initial phases of the project, advising on a wide range of corporate, state aid, real estate, financial and employment related matters. Congratulations to Palfinger on breaking ground for their new factory in Serbia!
18/07/2023
CMS Belgrade assists PWO Group in its expansion to Serbia
Published on 18 July 2023
04/04/2023
CMS Belgrade advises Hansgrohe on the development of its new factory in...
Published on 05/04/2023Hans­grohe, one of the world’s leading manufacturers of faucets and showers, is investing EUR 85 million in its state-of-the-art production facility in Valjevo, Serbia, with a planned start of operations in mid-2023. This new production facility, covering an area of 35,000 square meters, will be the largest investment in the 120-year-long history of Hansgrohe. The new production facility in Serbia is planned as one of the most modern manufacturing sites in Europe. Hansgrohe owns five other production facilities: two in Germany, one each in France, the United States and China. Our team of expert lawyers, led by Maja Stepanović, Corporate/M&A Law Partner, and Ivan Gazdić, Partner and Head of Infrastructure & Projects and Real Estate & Construction, has provided Hansgrohe with full legal support throughout the entire process related to this foreign direct investment, including state aid application and agreement, incorporation process, land acquisition, construction contract preparation, management contracts, health and safety matters, and other related matters. We congratulate Hansgrohe on this significant investment in Serbia and our team of dedicated lawyers who will continue to provide the highest level of legal support for the project in Serbia.
15/09/2022
Pharmaceutical advertising regulation and medical device advertising in...
1. Which laws are applicable regarding advertising of medicines and medical devices? 1.1 Medicines The primary legal source is the Law on Medicines and Medical Devices (“Official Gazette of RS”...
07/06/2022
Trade secret laws and regulations in Serbia
General 1. Has the Directive (EU) 2016/943 of the European Parliament and of the Council of 8 June 2016 on the protection of undisclosed know-how and business information (trade secrets) against their...
Comparable
02/03/2022
CMS Belgrade and CMS Podgorica support Hystead Limited in the sale of Delta...
Following the successful sale of Delta City shopping mall in Belgrade Serbia, Hystead Limited, a London-based company and investor in the Western Balkans, has signed an agreement to sell Delta City Mall in Podgorica, Montenegro to Israeli company BIG Shopping Centres. Delta City Podgorica is the largest shopping mall in Podgorica and one of the most developed commercial facilities in Montenegro. The transaction value is EUR 95 million. Having advised Hystead Limited in the sale of Delta City Belgrade, CMS Belgrade has been engaged again, together with CMS Podgorica, to provide legal assistance in the divestment of Delta City Podgorica. Full legal support in negotiations and structuring of the transaction and signing of the sales agreement has been provided by the team of CMS experts led by partners Maja Stepanović (Corporate/M&A) and Milica Popović (Banking & Finance). Other team members included partner Ivan Gazdić (Real Estate & Construction) and attorney Tamara Samardžija (Corporate/M&A).
07/12/2021
CMS Belgrade supports Hystead Limited in the divestment of Delta City Belgrade
UK-based Hystead Limited, majority-owned by South African Hyprop Investments, has successfully closed the sale of Delta City shopping mall in Belgrade, Serbia. Delta City Belgrade, one of the most visited shopping malls in Serbia, has been acquired by MPC Properties, one of the leaders in construction and real estate management in the region. CMS Belgrade has been selected to provide full legal support to Hystead Limited in this EUR 115 million transaction. The team of CMS Belgrade experts headed by partners Maja Stepanović (Corporate/M&A) and Milica Popović (Banking & Finance) assisted the client throughout the transaction, providing support in negotiations, closing activities and tax structuring. Other team members whose engagement has been invaluable are Real Estate and Construction co-heads Ivan Gazdić and Marija Marošan.
03/11/2021
CMS Belgrade supports German online bank N26
We, at CMS Belgrade, appreciate the opportunity to support start-ups with a strong vision, such as retail neobank N26. CMS Belgrade Managing Partner Radivoje Petrikić, early recognised the potential of N26 and with his team of local partners Marija Tešić and Maja Stepanović, and senior tax lawyer Ivana Blagojević, supported them with the acquisition of a Serbian fintech, thus enabling further expansion of N26 operations in global markets.   This fast-growing neobank from Germany has an inspiring motto: to be the first mobile bank the world loves to use! As it seems, they are living up to their motto, since N26 has already welcomed more than 7 million customers in 25 markets for only 6 years, and has just raised a USD 900 million Series E round at a USD 9 billion valuation of the company. In addition to Central Europe operations, they are now eyeing opportunities in East Europe, and opening an office in Serbia is an important step in their plan.   We are looking forward to assisting the innovative mobile bank with achieving their goal of becoming one of the biggest retail banks in Europe. 
07/09/2021
E-signatures in commercial contracts in Serbia
1. Definition and formal requirements of written legal statements or legal statements legally binding if the law requires written form If the Serbian law requires written form, a legal statement on paper...