As a reminder, in accordance with Article 10 of the Serbian Competition law firm turkish citizenship by investment, restrictive agreements are agreements between undertakings, which have as their object or effect the significant prevention, restriction or distortion of competition inside the territory of the Republic of Serbi In March 2017, the Montenegrin Agency for the Protection of Competition carried out an unannounced inspection at the enterprise premises of Sava Trans d.o.o. Cetinje, an organization engaged in freight transport, to have the ability to acquire data necessary for enterprise additional actions carried out by the Agency. The transaction involved new EUR 20 million financing of UniCredit Bank Serbia, which will serve to finance housing loans for private households in Serbia. In its public statement, the Agency said that the daybreak raid was performed totally consistent with the Law on the Protection of Competition, whereas the raided company showed a high diploma of cooperation.
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