Selih & Partners, working with Clifford Chance and Savoric & Partners, has advised Allegro on its acquisition of Mall Group and WeDo from the PPF Group, EC Investments, and Rockaway Capital. White & Case advised the sellers on the deal.
DTB and Kovacevic Prpic & Simeunovic Advise on KJK Fund III's Acquisition of Gumiimpex
Divjak, Topic, Bahtijarevic & Krka has advised KJK Fund III on the acquisition of Gumiimpex, with OTP Bank Croatia providing transaction financing. Solo practitioner Hrvoje Matic advised the sellers. Kovacevic, Prpic & Simeunovic advised OTP.
Reforming Energy in Croatia – Electrifying Times Ahead
These are dynamic times for the Croatian energy sector, as the legislative framework is expected to undergo major changes very soon.
Bradvica Maric Wahl Cesarec Advises Eko Medjimurje on Acquisition of Share in Hittner
Bradvica Maric Wahl Cesarec has advised Eko Medjimurje on the acquisition of a majority share in Hittner from Stjepan HIttner.
NKO Partners, Lovric Novokmet Smrcek, MTG, Glinska & Miskovic, SOG, and Brzozowska & Barwinska Advise on Sale of Emmezeta
NKO Partners and Lovric Novokmet Smrcek have advised French Conforama on the sale of furniture and appliance company Emmezeta and subsidiary Emma Real Estate to Poland's Merkury Market. Marohnic, Tomek & Gjoic advised LCN Capital Partners on the sale of a related real estate portfolio. Glinska & Miskovic, Samardzic Oreski & Grbovic, and Brzozowska & Barwinska advised the buyer.
Savoric & Partners and Bogdanovic, Dolicki & Partners Advise on Eagle Hills' Acquisition of Sunce Hoteli
Savoric & Partners has advised Eagle Hills Zagreb on its HRK 760 million acquisition of Sunce Hoteli. Bogdanovic, Dolicki & Partners advised the shareholders of Sunce Hoteli.
The Buzz in Croatia: Interview with Marina Mesic of Cipcic-Bragadin Mesic & Associates
With political changes on a local level in the nation’s capital and a booming tourism season, Croatia keeps defying the odds and making good progress despite an ongoing global pandemic, according to Cipcic-Bragadin Mesic & Associates Partner Marina Mesic.
Ilej & Partners and Lovric, Novokmet, Smrcek Advise on Generali Growth Equity Fund Acquisition of Diverto
Ilej & Partners, in cooperation with Karanovic & Partners, has advised the Generali Investments Slovenia managed Generali Growth Equity Fund on the acquisition of 74% of shares in Diverto. Lovric, Novokmet, Smrcek advised Diverto on the deal.
Ilej & Partners Advises HPL on Acquisition of 50% Stake in Croatian Avenue Ulaganja
Ilej & Partners, in cooperation with Karanovic & Partners and working with Dentons, has advised Singapore's Hotel Properties Limited on its acquisition of a 50% stake in Kupari resort developer Avenue Ulaganja.
DTB and Bogdanovic, Dolicki & Partners Advise on Dogus Croatia and Martimus' Sale of D-Resort Sibenik and Villa Dubrovnik to Erste Pension Fund
DTB has advised Dogus Croatia and Martimus B.V. on the sale of D-Resort Sibenik to Villa Dubrovnik and subsequent sale of a majority stake in Villa Dubrovnik to the Erste Pension Fund. Bogdanovic, Dolicki & Partners advised the buyer on the deal.
Environmental, Social and Governance (ESG) - Real Estate & M&A Impacts
What is ESG? ESG refers to the three key factors (environmental, social and governance) when measuring the sustainability and ethical impact of an investment in a business or company and it is commonly used in capital markets and commonly used by investors to evaluate the behavior of the companies, as well as determining their future financial performance.
Croatia: Data Breaches and Employer Responsibility
To comply with the General Data Protection Regulations (GDPR), companies must have technical and organizational measures in place to protect personal data. In light of the recent decision of the Croatian Personal Data Protection Agency (AZOP) against a leading local security company, one measure that requires closer scrutiny is the prevention of data breaches by employees. What happens if, regardless of various security measures, a careless employee commits a data breach? Will the company be liable for a breach committed by its employee?
The Croatian Act on the Prohibition of Unfair Trading Practices in the Food Supply Chain aligned with EU rules
The amendments of the Act on the Prohibition of Unfair Trading Practices in the Food Supply Chain (the “Amended Act”) shall enter into force on 1 September 2021, with a few exceptions. The main reason for adopting these amendments was transposition of the Directive (EU) 2019/633 of the European Parliament and of the Council of 17 April 2019 on unfair trading practices in business-to-business relationships in the agricultural and food supply chain (the “Directive”) into the local legal regime. The Directive aims to set out the minimum Union standard of protection by harmonizing Member States’ diverging measures relating to unfair trading practices. With these amendments, the Amended Act is further harmonized with EU acquis.
Deal Expanded: Interview with Savoric & Partners on 2020 DOTY for Croatia
Savoric & Partners’ Boris Savoric and Lovro Gasparac Talk About The Deal of the Year in Croatia.
Krehic & Partners and Deloitte Legal Turkey Advise on Cementos Molins’s Acqusition of Calucem
Krehic & Partners, working alongside Deloitte Spain and Deloitte Legal Germany and Turkey, has advised Cementos Molins on the Croatian legal aspects of its EUR 150 million acquisition of Calucem from Private Equity Fund Ambienta SGR S.p.A. Cuatrecasas also reportedly advised the buyer. Porobija & Porobija reportedly acted as Croatian legal advisor to the seller.
MTG and Praljak & Svic Advise on Quattro Logistika’s Acquisition of Poslovni Park Zagreb
Marohnic, Tomek and Gjoic has advised Balkan Properties Limited on its sale of Poslovni Park Zagreb to Quattro Logistika. Praljak & Svic advised the buyer. Mamic Peric Reberski Rimac and Lovric Novokmet Smrcek also reportedly advised the buyer.
The Buzz in Croatia: Interview with Marko Porobija of Porobija & Spoljaric
With the summer months comfortably set in, Croatia is experiencing a most favorable tourism season which impacts all areas of business, according to Porobija & Spoljaric Partner Marko Porobija.
Porobija & Spoljaric and Lalicic & Boskoski Advise on Sale of City Connect to Transcom
Porobija & Spoljaric and Lalicic & Boskoski Law Office have advised the founders of the City Connect Group on their sale of the company to Sweden’s Transcom. LK Shields and Tragardh Law Firm reportedly advised the sellers in Ireland and Sweden, respectively. Bradvica Maric Wahl Cesarec, Clark Hill Law, and Mannheimer Swartling reportedly advised the buyer in Croatia, Ireland, and Sweden, respectively.