Terminating an employee is a critical juncture for employers, fraught with potential risks and complications. Such a move can disrupt workflow and productivity, casting a shadow on workplace morale and organizational stability. Additionally, it opens the door to legal disputes, with terminations often seen as unfair or discriminatory, resulting in costly litigation.

Kinstellar has advised S Immo on the sale of its Eurocenter office building in Zagreb – with an asset value of EUR 26.5 million – to Atlantic Grupa.

The Fortenova restructuring, legislative updates impacting labor, the gig economy, and immigration, and the fallout of the judicial strike are all high on the agenda in Croatia, according to BDV Legal Partner Marko Bohacek, who – despite the weather outside – maintains a sunny outlook of Croatia's economy.

Ilej & Partners, in cooperation with Karanovic & Partners, and Dentons have advised the EBRD on its agreement with Croatia’s Mplus Group regarding a EUR 60 million investment for a 28.3% stake in M Plus Croatia. Mamic Peric Reberski Rimac and White & Case advised the Mplus Group, including M Plus Croatia and its majority shareholder Meritus Ulaganja.

This year has seen a relative decrease in investment intensity in Croatia, particularly in the residential sector, amid relatively robust activity in M&A, real estate, and energy and notable court disruptions in the past few months, according to Savoric & Partners Partner Branko Bulat.

Allen & Overy has advised a syndicate of ten banks on Bina-Istra’s EUR 1.1 billion refinancing of the Istrian Epsilon project and the debt financing of the construction, management, and maintenance of the new phases of the Adriatic highway in Croatia.

Croatia's economic outlook has improved with the eurozone entry, energy market reforms, and new and exciting equity programs and legislative changes, while judiciary labor strikes have challenged the country's courts, according to Marohnic, Tomek & Gjoic Partner Tena Tomek.

Divjak Topic Bahtijarevic & Krka has advised Hungary-based fruit and tree nut farming company Apple Heaven on the purchase of shares in Rabo.

Following global trends, Croatia has seen rapid growth in influencer marketing in the past few years. On one hand, the main benefit is evident: partnering with the right influencer helps a brand grow exponentially. On the other hand, same as with social media posts, the accompanying legal and reputational risks can go viral in no time, so brand companies, marketing agencies, and influencers should tread carefully.

Miskovic & Miskovic has advised Infinum on a EUR 10.8 million loan from the EBRD. Mamic, Peric, Reberski, Rimac reportedly advised the EBRD.

Complaints (under Croatian competition law also referred to as “initiatives”), through which different market players may inform the Croatian Competition Agency (CCA) of suspected infringements of competition laws, have been introduced in the Croatian Competition Act back in 2010 and are not a novelty. Complaints have proved to be a useful tool that brought certain competition law violations to the attention of the CCA and helped detect and correct discrepancies in the market.

Ostermann & Partners has advised Croatia's Osijek-Koteks on the acquisition of river and sand mining company Romic-Promet.

On August 14, 2023, Binder Groesswang announced that Macquarie Asset Management's acquisition of a significant minority stake in Best in Parking AG (reported by CEE Legal Matters on May 10, 2023) had closed.

BDV has advised private equity fund Provectus Capital Partners – the majority stakeholder of the Adria Dental Group – on the acquisition of Dragas Dental Design.

The EU Directives on Work-life balance and on Transparent and predictable working conditions were introduced into the Croatian national legislation in January 2023 and brought about significant changes and obligations for employers. What do they mean for businesses?

Miskovic & Miskovic has advised joint agents Erste & Steiermaerkische Bank, Privredna Banka Zagreb, and Zagrebacka Banka on the Zagrebacki Holding’s EUR 305 million sustainability-linked bond issuance. Mamic, Peric, Reberski, Rimac advised Zagrebacki Holding.

British American Tobacco has appointed Zora Ilic as its Head of Legal and External Affairs for Adria Cluster.

Ilej & Partners in cooperation with Karanovic & Partners has advised the Media Development Investment Fund and Pluralis on their acquisition of a minority stake in Croatia's Telegram Media Grupa. Batarelo Dvojkovic Vuchetich advised Telegram Media Grupa.