In today’s global economy, credit institutions play a critical role in providing financial services to individuals, businesses, and governments. However, the failure of a credit institution may result in far-reaching consequences, as we have recently seen with banking crises in Switzerland, the US, and, potentially, Europe.

In one of our previous texts we wrote about the recent decision of the Spanish personal data protection authority, by which it fined an employer as the controller of personal data for using the option of audio recording within the employees surveillance system, which data were subsequently used for termination of an employment contract.

Croatia’s energy and real estate sectors are well-positioned for growth, while frequently changing legislation and an ongoing strike by judicial clerks complicate the lives of lawyers, according to Divjak, Topic, Bahtijarevic & Krka Senior Partner Mario Krka.

Queritius is opening a new office in Zagreb, with Dalibor Valincic having joined the firm as a Partner on June 1, 2023.

CEELM: Tell us a bit about the deal and your firm’s role in getting it across the finish line. 

Peterka & Partners has been steadily expanding its reach across Europe for more than 23 years, with the recent addition of Croatia to the firm’s network. Peterka & Partners Managing Partner Ondrej Peterka and the Croatian firm’s Main Contact Person, Attorney-at-Law Anja Haramija, share details about the firm’s vision and its recent expansion.

Strategic investment project legislation was first introduced into the Croatian legal system through the Strategic Investment Act that came into force in 2013, which, after two amendments (in 2014 and 2016), was replaced by the new Strategic Investment Act in April 2018.

Divjak, Topic, Bahtijarevic & Krka has advised Germany's Possehl Digital on its acquisition of a minority stake in Croatian Osijek-based IT company Mono.

Savoric & Partners has advised Biochem Polska on its acquisition of Croatian wholesale medical equipment distributor Kvantum-Tim. Bradvica Maric Wahl Cesarec advised an unidentified private individual on the sale.

Contributed by Savoric & Partners.

Savoric & Partners has advised Hrvatski Telekom on its renewable-source virtual power purchase agreement ten-year partnership with Liburana. Kovacevic, Prpic, Simeunovic advised Liburana.

Contributed by Deloitte Legal.

Contributed by Divjak, Topic, Bahtijarevic & Krka.

On November 10, four Banking & Finance experts from Croatia, Hungary, Romania, and Serbia sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss banking consolidation, financing availability, the effects of high interest rates, bank capitalization, green financing, the specter of loan restructuring, and the other challenges the sector is facing.

Contributed by Ostermann.

On July 12, four leading lawyers from Croatia, Lithuania, Poland, and Romania sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the latest in ESG developments with a focus on green financing, its regional and local drivers and roadblocks, its impact on non-financial reporting, and what it all means for the legal profession.

Contributed by Ilej & Partners in cooperation with Karanovic & Partners.

On February 24, four leading lawyers in Croatia sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea. The conversation focused on the current state of affairs of ESG in the country at the moment and the challenges of raising awareness in the topic.