The Perfect Storm In Business Through The Prism Of Global Risks

• Published date: 14 June 2022
• Subject Matter: Corporate/Commercial Law, Government, Public Sector, Inward/ Foreign Investment, Corporate and Company Law
• Law Firm: Kinstellar
• Author: Mr Branislav Mari&#263

"The Perfect Storm in Business through the Prism of Global Risks" was the topic of a panel discussion held on 19 May 2022 at the Metropol Hotel in Belgrade, jointly organized by the Business Intelligence Institute, TPA Srbija, Joint Law Office Maric in cooperation with Kinstellar and Samer & Co. Shipping.

The oxymoron "Perfect Storm" means any event in which the situation is drastically complicated by an extremely rare set of circumstances. Rising raw material prices, the consequences of the pandemic, green transformation and global conflicts are topics that are on the agenda of all companies. The complexity of the current situation is reflected in its implications, including investments, companies, geopolitics, local politics and employment.

How did the price of the transport service reflect on the business of domestic companies and foreign investors during and after the pandemic, what are the forecasts and how much do the conflicts in Ukraine affect the business of companies? What is the trend of domestic investments? Do state incentives discriminate domestic investments in relation to foreign ones? What are the expectations of the level of domestic and foreign direct investments in 2023, compared to previous years? Trade with Russia and Ukraine is still possible, but difficult. How does it affect the economy, exports and imports? Due to the current situation, many businesses are moving to Serbia; where are our chances? What are currently the biggest concerns of local economy, legal restrictions and what are the solutions?

The panellists also talked about the security of energy supply and their prices, regulatory issues, the green transition, but also the reduction of energy costs in the economy through the acquisition of prosumer status.

Outstanding guests spoke about all this and many other topics that opened up during the panel: Maja Sudicki, CEO of...