Established in 1986, Hanžeković & Partners is a Croatian firm with three offices across the country in Osijek, Split and Zagreb.
Highlights
Hanžeković & Partners represented Eagle Hills Group, a luxury real estate developer based in the United Arab Emirates (UAE), in the acquisition of a 100% stake in companies Sunčani Hvar PLC and Sunčani Hvar Real Estate Ltd. The team advised the client in renegotiation of the deal structure including creating a security package for an advance payment of the purchase price and the readjustment of the transaction documentation. The transaction was valued at $230 million and closed in February 2025.
The firm was also engaged by LNG CROATIA LLC in the development and operation of a floating liquefied natural gas (LNG) import terminal. The team is responsible for preparing a new tender for the operator and drafting of the new O&M contract, which will include the expansion of the terminal’s capacity and the incorporation of additional services. The project is currently ongoing and led by partner Jasminka Čorda Truhar.
Key Clients
Eagle Hills Group; CROATIA INSURANCE COMPANY Plc.; Zagreb Airport Ltd.; HANZA MEDIA d.o.o.; World Bank Group; LNG CROATIA LLC; Elektra Solution DOOEL; Hrvatske autoceste d.o.o.; Ernst & Young
Testimonials 2024/2025
They spent considerable time with our internal teams to fully understand both the legal and the financial side of the project and our requirements, especially since we are a media company. (Banking & Finance)
The cooperation with Hanžeković & Partners was professional and efficient. They adopted a pragmatic approach and contributed to a smooth transaction process. (M&A)
We appreciate their expertise, professionalism, responsiveness, and availability. (Project Development)
Tin Težak understands the business side of our requirements and combines it quickly with the most appropriate legal structure and document wording. (Banking & Finance)
Tin Težak demonstrated strong legal knowledge and the ability to develop practical, well-considered solutions. While his focus was more on strategic aspects, his overall contribution was constructive and supported the progress of the transaction. (M&A)
Tamara Lachowski is very professional and competent in the PSO area, and very responsive and supportive. She has excellent communications skills. (Project Development)
Jasminka Čorda Truhar is very professional and a top expert in FIDIC/construction law related topics. She is very responsive with excellent communication skills. (Project Development)
NLaw is a corporate and commercial law firm. The firm’s Zagreb branch was established in 2019. The firm has a focus on financial and corporate transactions. The firm has experience advising investors in venture capital on financial investments and on assisting with corporate restructurings.
Highlights
Nlaw Croatia advised Taiwania Capital Management Corporation as the lead investor in the Series B funding of All Eyes on Screens (formerly AdScanner), AI advertising platform. The transaction was valued at $10,350,000 and was led by partner Martin Hren. It closed in September 2024.
The firm also advised FRC2 Croatia Partners SCSp on the conversion of the CLA and a partial exit from the ENTRIO TEHNOLOGIJE d.o.o., as Croatian firm Invera Equity Partners acquired the majority of shares. The transaction closed in June 2024.
The firm welcomed Sandra Tomašković from Šavorić & Partners as a new partner in their Corporate and Employment teams in August 2024. Frano Barović left the firm in February 2024 to join Fijačko i Barović Law Firm.
Key Clients
Fil Rouge Capital; Taiwania Capital; Vesna Deep Tech Venture Fund; Interactive Venture Partners; Silicon Gardens Fund
Testimonials 2024/2025
Nlaw is reactive and provides great advice; they are very much business oriented. (M&A)
The team has a deep understanding and care for the startup industry, honest and straightforward feedback, responsiveness and follow through on every single thing they promised. (Project Finance)
Martin Hren is just perfect; he is always available and provides great value for money. (M&A)
Martin Hren makes sure to understand the ins and outs of our business, legal structure as well as goals when suggesting solutions. He gives a firm but respectful opinion on matters that require our ultimate decision. (Project Finance)
Testimonials 2023/2024
“Knowledgeable, practical and very responsive.” (M&A client)
“Martin is very dedicated, knowledgeable and always looking for a practical solution that works legally and not the other way around.” - Martin Hren, managing partner
“Nejc is the founder and the one we go to for more strategic topics. He for example crafted a very innovative Convertible Loan Agreement.” - Nejc Novak, Nlaw founder
Independent boutique firm Porobija & Porobija was established in 1991 and is based in Zagreb.
Focusses / specialisms
The firm has a particular focus on project development and financial and corporate deals.
Key clients
Key clients of the firm includeUniCredit Group Zagrebacka Banka, J.P. Morgan, Erste & Steiermärkische Bank, International Zagreb Airport, Ambienta, RuNeLuxembourg Sarl, Luma Group, Powszechna Kasa and Oszczędności Bank Polski.
Research period review: 33rd edition (2023/2024)
During the research period, the financial and corporate team focused on bond issuances, acquisitions, and financings. This work was done for a mix of mainly lenders and acquirers in the banking, tech and telecommunications, and manufacturing sectors.
Deal highlights: 33rd edition (2023/2024)
Republic of Croatia €1.25 billion bond issue
Babić & Partners was founded in Zagreb, Croatia in 1994. The firm provides legal services to corporations from industries such as advisory services, automotive industry, aviation, banking and finance, hotel & leisure, IT, life sciences, real estate, renewable energy and tobacco industry.
Established in 1999, CMS is a leading international firm with a network that includes offices over 70 jurisdictions. The Croatian branch of the firm was established in 2003, in collaboration with Bardek Lisac Mušec Skoko and Partners based in Zagreb, and employs an expert team of associates and partners. The firm has a particular focus on project development and financial and corporate deals.
Highlights
The firm acted as a legal advisor for IFC regarding a landmark green and blue loan of up to EUR 200 million, which IFC is granting to Maistra d.d., and HUP-Zagreb d. d. to finance their hotel projects. The transaction closed in July 2024.
The team also advised on a financing transaction for the construction of the Valamar Collection Resort. The transaction was valued at EUR 130 million and closed in June 2024.
Buterin & Partners Law Firm is a law firm in Zagreb, Croatia and was founded in 2011. The firm has specific knowledge on business processes in various industries such as: banking, financial services, investment funds, for food industry, the pharmaceutical industry, real estate, trade, tourism, construction, management and maintenance of motorways, media and telecommunications.
Highlights
The firm advised their client through the strategic acquisition of a significant share in a target company within the RIMAC group. The transaction closed in February 2024.
The firm also Firm advised a syndicate of senior and junior lenders on debt consolidation and financial restructuring of several related projects in tourism and commercial properties on various locations in Zadar, Croatia. The transaction is currently ongoing.
Established in 1928, Čipčić- Bragadin Mesić & Associates is a full-service independent firm based in Zagreb. It is part of the Nextlaw global referral network. The firm has a particular focus on project development and financial and corporate deals.
Highlights
The firm advised Jadranski Naftovod PLC in relation to the acquisition of a PV Power plant project. The deal was structured as a share deal for the acquisition of 100% in the SPV for developing the plant. The transaction closed in May 2024.
The team also advised LOSI d.o.o in relation to 51% of share sale to a strategic buyer. The transaction closed in July 2024.
Divjak Topic Bahtijarevic Law Firm (DTB) is a Croatian firm established in 1994. It has a team of partners, lawyers and trainees based in Zagreb and is the Croatian member of SEE Legal, a regional law firm network. In addition, it is a member of international networks Nextlaw and lus Laboris. The firm provides legal services across financial, corporate and projects work.
Highlights
The firm's Banking & Finance team advised Bank Polska Kasa Opieki S.A. in all aspects of financing Studenac’s acquisitions of, among others, Lonia Trgovina d.o.o. and Pemo d.o.o. with respect to the Croatian law. The transaction closed in December 2024.
The firm also acted as the local legal advisors to Aggreko in its strategic acquisition of Resalta. The transaction was valued at EUR 120 million and closed in July 2024.
Dominkovic & Osreak is a Croatian boutique based in Zagreb.
Focusses / specialisms
The firm is active in project development work in sectors including energy and utilities.
Key clients
The firm's clients include CEMP, a domestic electricity utility.
Research period review: 30th edition (2019/2020)
Over the research cycle the firm predominantly focused on project development. Its work included acting on acquisitions of companies and land for the development of various projects and advising on the construction of multiple renewable energy and utilities projects.
Deal highlights: 30th edition (2019/2020)
CEMP 142MW wind farm
Established in 2009, Glinska & Mišković, is a full-service firm in Zagreb and a member of the DLA Piper network. The firm is also a member of legal alliance Lexexellence and Interlaw. The firm advises on on project development, financial and corporate deals.
Highlights
The firm advised KAUFMANN i HOFMANN Ltd. in relation to amendments to the facility agreement executed between the lender and Erste Group Bank AG and HYPO NOE Landesbank für Niederösterreich und Wien AG. The transaction closed in September 2024.
The firm also advised the shareholder of a real estate investment company in a comprehensive corporate restructuring. The transaction is currently ongoing.
Gospić Plazina Štojs is a boutique law firm in Zagreb, Croatia. The firm provides legal services in M&A, corporate, capital markets, financing and real estate transactions.
Highlights
The firm acted as legal advisor to HEP d.d. in the strategic renewable energy project financed by European Bank for Reconstruction and Development and European Investment Bank. The deal was valued at USD 95 million and closed in August 2024.
The firm also advised the shareholders in the process of sale of 100 % shares in the Croatian company Oprema Jsc to MICRO MATIC. The deal closed in March 2024.
Gugić Kovačić & Krivić is a Croatian law firm established in 2004 and based in Zagreb. The firm has a particular focus on M&A and financial services deals.
Highlights
The firm advised PODRAVKA d.d. on the acquisition of seven vital agricultural companies within the FORTENOVA Group comprising the Group’s agri-business. The transaction closed in January 2025.
The team is also providing legal support to Allianz ZB d.o.o. for its investment in a public joint stock company incorporated and operating in the Republic of Croatia, Čakovečki Mlinovi, d.d., through the execution of a takeover bid with Allianz ZB d.o.o.’s partners – Mlin i Pekare d.o.o. (MiP) and PBZ CROATIA OSIGURANJE d.d. for Compulsory Pension Funds Management (PBZ). The transaction is currently ongoing.
Established in 1995 Karanovic & Partners is a leading Serbian firm with a European network that includes offices in six jurisdictions. The Croatian branch of the firm, established in 2012 in cooperation with Ilej & Partners, is based in Zagreb. The firm has a particular focus on project development and financial and corporate deals.
Highlights
The firm advised Toyota Industries Corporation (TICO) on their strategic investment in Gideon. The transaction closed in September 2024.
The also advised on the sale of 50.1% controlling stake in SEE Bakery Topco (target company) from Mid Europa Partners to FFR (BOSQAR), as part of a transaction that shifts control of Mlinar from sole control by Mid Europa Partners to joint control by Mid Europa Partners and BOSQAR Invest Group. The transaction closed in December 2024.
Established in 2014, Kovačević Prpić Simeunović is a business focused firm based in Zagreb. The firm is part of the CEE law firms alliance. The firm has a particular focus on project development and financial and corporate deals.
Highlights
The firm advised MLIN I PEKARE d.o.o. in the process of the takeover of Čakovečki mlinovi, d.d. in cooperation with pensions funds management companies. The takeover bid was completed in October 2024 and the reverse merger takeover process is currently ongoing.
Working with Winston & Strawn LLP, the team also assisted Hikma Pharmaceuticals, in a multinational transaction involving the acquisition of assets in the United States and a 100% share interest in a Croatian R&D center in Zagreb. The transaction closed in September 2024.
Law Office Mucalo is based in Zagreb and is a full-service law firm. The firm has a particular focus on financial and corporate deals.
Full-service firm Lovrić Novokmet & Partners has been in the Croatian market for over five years. The firm has one office in Zagreb and has experience with M&A, banking and finance, debt capital markets and restructuring and insolvency matters.
Highlights
The team advised Entrio Tehnologije d.o.o. on EUR 9 million growth equity investment by Invera Equity Partners. The transaction closed in June 2024.
The firm also advised the owner of Jadran – Informatika d.o.o. regarding the sale of 100% shares in the company to IN2 Group. The transaction closed in July 2024.
Macesic & Partners Law Offices is a full-service law firm founded in 2002 and based in Zagreb. The firm has a particular focus on project development and financial and corporate deals.
Marohnić Tomek & Gjoić is a Croatian law firm founded in 2016 and based in Zagreb. The firm has a particular focus on finance and corporate work and is active in project development. In 2020, the firm became a member of CEE Attorney, a network of law firms which has regional coverage of Bulgaria, Hungary, Lithuania, Romania, Slovakia, Latvia, Poland, Switzerland, Ukraine, Germany, Denmark, India, China and Japan.
Highlights
The firm advised the client is the acquisition of project for development of 9.99 MWe photovoltaic power plant located in Splitsko-Dalmatinska County through share deal and acquisition of a project company with a construction turnkey contract. The transaction closed in July 2024.
The team also advised a client as a borrower in refinancing provided by Raiffeisen Bank International AG, Raiffeisen Austria dd and Erste Group Bank AG as lenders. The transaction closed in December 2024.
Matekovic & Partners Law Firm is a Croatian law firm based in Zagreb. The firm has a particular focus on project development and financial and corporate deals.
Highlights
The firm assisted Johnson & Johnson in the Public Procurement Procedure for Medicines. The advice is currently ongoing.
The firm also advised RC EUROPE CRO LOGISTICS BETA s.r.o. regarding the incorporation of the new Croatian company RC Klinča Sela d.o.o., under the Croatian law, which will operate in Croatia. The transaction is currently ongoing.
Ostermann & Partners is a full-service law firm based in Zagreb. The firm has a focus on project development and financial and corporate deals.
Highlights
The firm legal advice in the financing of Rijeka Gateway project—a strategic joint venture between the A.P. Moller - Maersk Group and ENNA Group. The transaction closed in September 2024.
Th team also advised on and drafted an agreement relating to purchase of telecommunication infrastructure in residential buildings in Croatia, whereas our client, a major Croatian telecommunications operator, acted as the buyer. The transaction closed in January 2025.
Peterka & Partners established their Croatia office in 2023. The office is a part of CEE firm Peterka and Partners, with offices in 10 different jurisdictions.
Highlights
The firm's Prague and Zagreb offices assisted Saint-Gobain with Czech and Croatian legal aspects of the acquisition of Glass Service a.s. The transaction closed in Aprile 2024.
The Zagreb team also provided full legal support to Toyota Financial Services (UK) Plc., in financing of the borrower. The transaction closed in March 2024.
Šavorić & Partners is a Croatian law firm based in Zagreb. It offers legal services in M&A, financial, real estate, and capital markets transactions.
Highlights
The firm acted for OTP Banka d.d. in relation to the financing of a long-term loan aimed at financing an acquisition of a company which owns a corporate office building in Zagreb. The transaction closed in July 2024.
The team is also acting for SDIPTECH AG in the restructuring of METUS business and the sale of METUS target companies following the restructuring. The transaction is currently ongoing.
Established in 1950, Schoenherr is a leading Austrian firm with a European network that includes offices in 15 jurisdictions. In Croatia the firm is based in Zagreb and established in 2001. The firm has a particular focus on project development and financial and corporate deals.
Highlights
The firm advised Siemens Energy Holding B.V. on joint venture agreement with KONČAR - Elektroindustrija d.d. (ZSE, KOEI) for the production of transformer tanks. The agreement was signed in July 2024 and the first completion was executed in March 2025.
The team also advised a fund managed by Invera Equity Partners on a EUR 9 million growth equity investment in Entrio Tehnologije. The transaction closed in June 2024.
Vukmir & Associates is an independent law firm based in Zagreb, Croatia. The firm offers legal services in corporate, commercial, and banking transactions.
Highlights
The provided Croatian law legal assistance to the client in relation to legal due diligence and cross-border acquisition of ID Riva Tours. The transaction closed in January 2025.
The team also provided Croatian legal assistance with legal due diligence and first round of seed financing in the amount of EUR 5.8 million to a Croatian and Irish drone start-up Orqa. The transaction closed in December 2024.
WAHL & partneri is a Croatian law firm incorporated in 2017 and based in Zagreb. The firm has a particular focus on financial and corporate deals.
Highlights
The firm advised Agronom on the acquisition of company Ruris Agro. The transaction closed in July 2024.
The team also assisted DataBox on its acquisition of Digital Realty's cloud services business in Croatia. The transaction closed in November 2024.
Established in 1957, Wolf Theiss is a leading Austrian firm with a European network that includes offices in 13 jurisdictions. The Croatian branch of the firm was established in 2003, based in Zagreb and employs an expert team of lawyers and partners. The firm has a particular focus on project development and financial and corporate deals.
Highlights
The firm advised Strategic Value Partners (SVP) in relation to a EUR 200 million equity investment into Bjelin Group to facilitate its long-term growth plan. The transaction closed in January 2025.
The team also advised the European Bank for Reconstruction and Development (EBRD) in EUR 50 million equity investment into Podravka Agri, an acquisition vehicle of Podravka Group, to support the acquisition of Fortenova Group's agricultural division. The transaction closed in January 2025.
Žurić & Partners is a full-service law firm based in Zagreb established in Croatia in 1992. The firm has a particular focus on project development and financial and corporate deals.
Highlights
The firm advised OTP banka d.d. in relation to long-term loan agreement granted to Vetti group d.o.o. The transaction closed in March 2024.
The team also assisted advised Adria Dental Group d.o.o. in financing of acquisition of a majority stake in three different dental clinics. The transaction closed in May 2024.
Established in 2000, Madirazza & Partners is a business focused independent firm based in Zagreb. It employs 17 lawyers, including six partners, and is part of the Adriala law firm alliance in Southeast Europe.
Highlights
Madirazza & Partners acted as legal counsel to CPI PROPERTY GROUP (CPI) in the of sale of 100% of share capital in SUNČANI HVAR NEKRETNINE d.o.o. and SUNČANI HVAR d.d.. The firm advised CPI in all aspects of the transaction, including the negotiation of the share purchase and the escrow agreement and supporting transaction documentation. The team continued to provide support even after signing of the share purchase agreement, particularly during the phase of fulfilment of conditions precedent and the merger filing of the buyer. The transaction closed in February 2025.
The firm also advised RP GLOBAL Energy GmbH (member of RP Global Group) in relation to corporate and regulatory aspects of several greenfield RES projects. This included preparing a vendor due diligence for three renewable energy projects. The team was led by partner Marinka Kovačić and the project closed in June 2024.
Key Clients
CPI Property Group; Propharma Group The Netherlands B.V. (portfolio company of Odyssey Investment Partners); DTEK RENEWABLES INTERNATIONAL B.V.; HRVATSKI TELEKOM d.d.; RP GLOBAL AUSTRIA GmbH (member of RP Global group); MET Croatia Energy Trade Ltd. (member of MET group); WPD ADRIA d.o.o (member of wpd group); DTEK RENEWABLES INTERNATIONAL B.V. (member of DTEK group); KUFNER GRUPA d.o.o.
Testimonials 2024/2025
The M&A team at Madirazza & Partners provides exceptional client service, marked by their expertise, client-oriented approach and dedication. The team is deeply knowledgeable of corporate and regulatory legal framework, providing insightful and effective solutions. (M&A)
They are very responsive, professional, polite, and friendly. (M&A)
Madirazza & Partners impressed us with their responsiveness, attention to detail, and deep understanding of local corporate and transactional law. Their team is efficient, commercially minded, and easy to work with, which made the cross-border coordination smooth and effective. (M&A)
We commend Madirazza & Partners for their exceptional work advising on the mentioned M&A transaction, demonstrating deep industry knowledge and strategic insight throughout the deal process. Their team, especially partner Tarjana Radmilović, showed remarkable professionalism and agility in navigating complex regulatory and cross-border considerations. (M&A)
The firm’s ability to provide clear, commercially focused advice was instrumental in the successful execution of the transaction. This work underscores their position as a trusted advisor in high-stakes M&A. (M&A)
The team is creative and have quick solutions; they are very responsive and punctual. (M&A)
Marinka Kovačić has a profound knowledge of the energy law. She stands out for her proactive approach, ability to deliver innovative solutions and maintain excellent client relationships. (M&A)
Josip Madirazza’s knowledge and managerial skills are impressive. He is easy to work with and always available to provide feedback. He has demonstrated sound judgement and the ability to problem solve when issues arise. (M&A)
Josip Madirazza is very cooperative, calm, kind, and professional. (M&A)
Tatjana Radmilović is a great professional extremely dedicated to her work for the clients. She is a highly knowledgeable of the corporate law, detail-oriented, thorough in her analysis and provides clear, practical advice. She is known for her responsiveness and ability to handle complex transactions efficiently. (M&A)
Tatjana Radmilović had great knowledge and works both hard and smart. She brings to the table confidence that is backed up with knowledge and experience. (M&A)
Tatjana Radmilović as the lead partner on the deals brought strong oversight and clear direction to the transactions, guiding all parties through complex negotiations with precision and poise. Her deep expertise, responsiveness, and strategic foresight were key to driving the deals to a successful close. She is a true asset to the transaction team. (M&A)
Tatjana Radmilović is intelligent, professional and diligent. She has extensive knowledge and practical experience handling the most complex cases. (M&A)
Ana Valjalo is very good at communicating and has extensive knowledge and experience. (M&A)
Testimonials 2023/2024
“Their proactive approach, deep understanding of the issue, meticulous attention to detail, and swift responsiveness.” (Banking and finance client)
“Madirazza & Partners provides highly professional client service, marked by their expertise and client-oriented approach. The team has extensive knowledge, understands the business needs of the client and tailor solutions to the best interest of the client.” (M&A client)
“Provide excellent and client oriented legal support. Think outside of box, have very commercial approach and clear focus on finding the best possible solutions.” (M&A client)
“Madirazza & Partners team is extremely knowledgeable and professional with quick turnaround. They are problem solving oriented and trustworthy legal advisors. They deliver top quality product.” (M&A client)
“They were very responsive and provided reliable advice. They also have great relationship with local regulators, which enabled them to provide useful advice on the regulators’ workings.” (M&A client)
“The M&A team at Madirazza & Partners provides exemplary client service, marked by their expertise, dedication, and client-oriented approach. The team has deep knowledge of corporate and commercial law, providing insightful and effective solutions.” (M&A client)
“Professional, diligent, high expertise.” (M&A client)
“They are punctual and client oriented.” (Private equity client)
“Long experience with Renewable energy, good team, available when needed, solving problems.” (Project development client)
“Exceptional professionalism and correct attitude towards the client.” (Project development client)
“Very dynamic, target oriented, a good listener and understands what we need perfectly.” -Marinka Kovačić, energy partner.
“He is easy to work with, knowledgeable, analytical and professional.” - Josip Madirazza, managing partner.
“Carefully listens to the client, had a detailed checking of facts and documents and provided reliable advice.” - Josip Madirazza, managing partner.
“Creative, solution oriented, determined.” - Josip Madirazza, managing partner.
“Excellent knowledge of law and good knowledge of our business.” - Josip Madirazza, managing partner.
“He has a lot of experience and great relationship with clients and regulators. He is an excellent communicator and gives confidence to the client. Although he is managing partner, he undertakes a lot of important work directly himself.” - Josip Madirazza, managing partner.
“Exceptional strategic thinker, highly knowledgeable and provides clear, practical advice with strong negotiation skills.” - Josip Madirazza, managing partner.
“Tatjana has an extensive knowledge of corporate and commercial law and is outstanding in consultancy, providing excellent and usable advice aiming to obtain most favorable outcome for the clients.” - Tatjana Radmilović, M&A partner
“Tatjana has a strong business drive with extensive knowledge and practical experience handling most complex cases. She is very organized and responsive.” - Tatjana Radmilović, M&A partner
“Excellent legal knowledge. Professional, efficient and focused. Pleasant to work with.” - Tatjana Radmilović, M&A partner
“She is very professional, quick and knowledgeable. And very hard working. Available for support at all times.” - Tatjana Radmilović, M&A partner
“Expert in corporate law matters with a proactive approach. She is detail-oriented, thorough in her analysis, and excel in handling complex transactions effectively.” - Tatjana Radmilović, M&A partner
“She possesses a deep knowledge and practical experience in managing even the most complex cases.” - Tatjana Radmilović, M&A partner
“She is always ready to assist and provide tailored solutions to problems. Has excellent client management skills.” - Ana Valjalo, M&A associate