Savoric & Partners has advised TP Varazdin on the sale of 97 retail and wholesale stores, operating as Kitro, to Narodni Trgovacki Lanac. Praljak & Svic advised NTL.

Former Counsels Andrei Croitoru and Iustina Oblu have been appointed as Partners with Act Botezatu Estrade Partners.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

According to the government, the act is designed to tackle certain perceived downsides of excessive tourism, such as the lack of affordable long-term accommodation for the housing needs of the local population, a negative impact on the environment (especially the sea, sea coast, and islands), as well as a negative impact on cultural heritage sites.

Divjak Topic Bahtijarevic & Krka has advised Plava Laguna on the sale of Bonavia – a four-star hotel in Rijeka – to Bonavia Rijeka. Savoric & Partners advised the buyers.

Crido has advised Borgestad ASA on refinancing the credit for the Agora Bytom shopping center with Bank Pekao. CMS reportedly advised the bank.