On May 21st, 2024, the European Council approved a groundbreaking law aimed at harmonizing rules on artificial intelligence (the AI Act). C. The objective of the Act is to foster the development and implementation of reliable AI systems across the EU’s single market, by both public and private sectors. Additionally, the Act aims to ensure […]

April 2024. The development and construction of renewable energy projects have experienced a significant global expansion in recent years. The instability of traditional energy markets (oil, coal, gas), the desire for energy independence among states, as well as mandatory EU guidelines and directives, represent key guidelines for the development of renewable energy projects. Bosnia and

On February 23, 2024, the European Commission adopted the proposal for a Directive on mandatory sustainability assessment of businesses. The aim of this Directive is to promote sustainable and responsible business conduct, as well as to integrate human rights and environmental protection into corporate governance. Who does this Directive apply to? To individuals, regarding: Better

Law Firm Ibrahimovic & Co has advised on BIMAL’s Acquisition of Sunce Oil Factory from INVEJ, one of the deals shortlisted for the CEE Legal Matters 2023 Deal of the Year for Bosnia and Herzegovina – an annual celebration of those lawyers and law firms that have brought the deals that shape Central and Eastern

On the path to complete climate neutrality by 2050, the European Commission has revised its expected recommendation to reduce net greenhouse gas emissions by 90% by 2040, compared to the emission levels of 1990. To achieve this, according to the European Commission, an additional 1.5% of GDP should be invested annually, compared to the levels

The golden rule and one of the fundamental principles of business corporations is that members or founders of a business entity are not personally liable for the debts of that entity, up to the amount of the contributed founding capital. While in certain parts of Bosnia and Herzegovina, a company can be established with as

The EU Commission has approved the French scheme amounting to €2.9 billion to incentivize investments in Renewable Energy (RE) projects, aiming to facilitate the transition to a zero-emission CO2 economy in line with the “Green Deal” industrial plan. The measure will be open to companies planning investment projects in the production of solar panels, batteries,

The need for management contracts arises when an employer needs to arrange for a relationship beyond that of one with a simple employee – one with an individual performing managerial or supervisory tasks. Therefore, the relevant labor laws (in the Federation of Bosnia & Herzegovina, Republika Srpska, and Brcko District of Bosnia & Herzegovina) introduce

Bosnia and Herzegovina (B&H) is located in the so-called “Western Balkans” region, borders the EU, and has an area of 51,209 km2. Its highly favorable geographical location for harnessing energy potentials has positioned B&H as the only country in the surrounding area with a significant surplus in exporting electrical energy. The water potential is represented