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Portrait of Teodora Vujošević, CMS Belgrade

Teodora Vujošević


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


Teodora Vujošević joined the CMS Belgrade team in April 2021, after graduating from the University of Belgrade, Faculty of Law. As an Associate, she assists our team and advises clients on a wide range of commercial law issues with a focus on Competition & EU and Corporate/M&A.

Previous work experience / training 

During and after her studies, she gained practical experience completing internships at renowned commercial law firms in Belgrade. She participated in Moot Court competition in Anti-Discrimination held by Commissioner for protection of Equality. She was also a member of the team which represented the University of Belgrade at one of the most prestigious competitions in the field of international commercial law and international arbitration, the Willem C. Vis International Commercial Arbitration Moot. She completed several courses in the fields of commercial law, dispute settlement, international law, and data protection, such as Dispute settlement in the World Trade Organization and Combating trafficking in human beings (and protecting its victims) organized by the Council of Europe. She also attended Summer Law school in Zurich on international commercial law and arbitration.

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  • 2020 – LL.B., Faculty of Law, University of Belgrade 
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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


Whis­tleblower pro­tec­tion and re­port­ing chan­nels in Ser­bia
1. Is there a law on whis­tleblow­ing in your coun­try? Yes, there is Ser­bi­an Law on Pro­tec­tion of Whis­tleblowers ("Of­fi­cial gaz­ette of RS", no. 128/2014). It entered in­to force on Decem­ber 4, 2014, but...
CMS Bel­grade provides full sup­port to Uni­Cred­it Bank Ser­bia in the re­fin­an­cing...
Uni­Cred­it Bank Ser­bia and Eli­cio Ali VE, a 100% sub­si­di­ary of Eli­cio NV, suc­cess­fully closed the re­fin­an­cing trans­ac­tion of the 42 MW Alibunar wind farm in Q3 2021. CMS Bel­grade has been se­lec­ted to pre­pare the full set of fin­ance doc­u­ments for Uni­Cred­it Bank Ser­bia as the sole lender in the EUR 53 mil­lion re­fin­an­cing.  Com­ment­ing on the trans­ac­tion, Nikola Vu­letić, Chair­man of the Man­age­ment Board of Uni­Cred­it Ser­bia, said: “We are proud that Eli­cio once again re­cog­nised our bank as a re­li­able part­ner for the first re­fin­an­cing of an op­er­a­tion­al wind farm con­duc­ted in Ser­bia. This is a clear ex­ample of how banks and the re­new­ables sec­tor can con­trib­ute to im­prov­ing over­all en­ergy se­cur­ity and con­sump­tion of re­new­able en­ergy in Ser­bia.”  Alain Jans­sens, CEO of Eli­cio, ad­ded: “This re­fin­an­cing rep­res­ents an im­port­ant mile­stone for the Ser­bi­an re­new­ables mar­ket as it af­firms the strong fun­da­ment­als of the pro­ject and the bank­able reg­u­lat­ory en­vir­on­ment for re­new­able en­ergy pro­duc­tion in Ser­bia. The trans­ac­tion also con­firms the fund­ing avail­able in the Ser­bi­an mar­ket to loc­ally fin­ance well-struc­tured pro­jects and to do so on longer ten­ors. These are cru­cial con­di­tions for real­iz­ing Ser­bia’s con­sid­er­able am­bi­tions in terms of an in­creased con­tri­bu­tion of wind en­ergy to the en­ergy mix, an area in which Eli­cio will con­tin­ue to act­ively par­ti­cip­ate.” The team of CMS Bel­grade ex­perts headed by part­ners Ivan Gazdić and Milica Pop­ović provided full leg­al sup­port in every phase of this land­mark re­fin­an­cing, from the leg­al due di­li­gence re­view to full-scope ad­vice on mul­tiple reg­u­lat­ory, real es­tate, cor­por­ate, pro­ject fin­ance and oth­er leg­al is­sues and draft­ing of the fin­ance doc­u­ments. Oth­er team mem­bers in­clude Ksen­ija Bor­eta, Mar­ija Marošan, Ig­or Đorđević, and Teodora Vu­jošević.
Ex­pert Guide to ad­vert­ising reg­u­la­tions in Montenegro
Chapter 1: The frame­work boiled down 1. What are the rel­ev­ant laws which reg­u­late ad­vert­ise­ment in your coun­try? Montenegro does not have a sys­tem­ic law that reg­u­lates ad­vert­ising in gen­er­al. The only...
Ser­bia: The Belt and Road Ini­ti­at­ive
This art­icle was first pub­lished in CDR – Es­sen­tial In­tel­li­gence: The Belt and Road Ini­ti­at­iv­eThe One Belt, One Road Ini­ti­at­ive (the “BRI”) tends to de­vel­op polit­ic­al and eco­nom­ic co­oper­a­tion with European coun­tries, es­pe­cially those situ­ated in the Balkans, and Ser­bia is no ex­cep­tion. In fact, as its po­ten­tial has at­trac­ted many Chinese in­vestors, Ser­bia may be deemed as a lead­ing coun­try in terms of prom­in­ent BRI in­vest­ments that have oc­curred (and, con­sequently, one of China’s key part­ners), most of which are in the in­fra­struc­ture and en­ergy sec­tors.