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As Croatia prepares to implement a new real estate tax, Ilej & Partners in cooperation with Karanovic & Partners Partner Franka Baica, BDV Legal Partner Vladimir Batarelo, and CMS Partner Tamara Jelic Kazic talk about its objectives, potential impacts, and how property owners and investors should respond.

In the summer of 2024, the Croatian Intellectual Property Office published a report detailing intellectual property (IP) infringement data for 2023. This statistical overview sheds light on the enforcement of IP rights across three main segments in Croatia: liability for misdemeanors (falling under the jurisdiction of the Croatian Customs Administration), criminal liability (managed by the State Attorney’s Office), and civil liability (which is enforced through private actions, often involving Collective Management Organizations (CMOs)). This article analyzes the trends observed in the 2023 report, aiming to provide insight into the future landscape of IP enforcement in Croatia and explore implications for rightsholders and other stakeholders in the IP space.

CMS' Croatian affiliate Bardek, Lisac, Musec, Skoko, and Partners has advised Privredna Banka Zagreb as the leading mandated arranger, coordinator, and agent on a EUR 283 million club loan, which also included Erste & Steiermaerkische Bank, Zagrebacka Banka, and OTP Banka, for Podravka's acquisition of companies from the Fortenova Group. Podravka also received a EUR 50 million equity investment from the EBRD, following the acquisition. Miskovic & Miskovic, BDK Advokati, and Gugic, Kovacic & Krivic advised Podravka. Mamic, Peric, Reberski, Rimac advised Fortenova Group. Wolf Theiss advised the EBRD. DLA Piper reportedly advised Podravka as well.

Kovacevic Prpic Simeunovic has advised Mlin i Pekare on its reverse takeover of Cakovecki Mlinovi. Vukina & Partners advised OTP Bank, which financed the transaction. Tus and Grzic advised PBZ Croatia Osiguranje on the sale of its stake. Mamic, Grgic, Vinter advised the management board of Cakovecki Mlinovi. Pesut, Matic, Galekovic, and Zgombic reportedly advised the sellers of the initial stake in Cakovecki Mlinovi. Gugic, Kovacic & Krivic reportedly advised AZ, a pension management company that sold its stake in Cakovecki Mlinovi.

Central and Eastern Europe is increasingly on the radar of digital nomads seeking new destinations. The countries they flock to see their markets impacted – for better or worse – with both opportunities and challenges aplenty. Babic & Partners Partner Marija Gregoric and JPM & Partners Partner Jelena Nikolic analyze these impacts.