PPAs have become incredibly popular due to the increased interest of businesses looking to reduce their carbon footprint on one hand and as a means of securing the financing of a subsidy-free RES project on the other hand. The renewable developer secures a buyer for green electricity, while the customer reduces its CO² emissions and secures its long-term electricity costs. As regards Croatia, the PPA market started to develop rapidly in the recent years. New regulations are being adopted and the sector of renewable energy sources is constantly changing. This article is about challenges which RES projects in general, and PPAs in particular, currently face in Croatia and the future perspective.

On 13 December 2023, Andrea Smolić, supported by Mislav Bradvica, presented an insightful lecture at the University of Split, focusing on maximizing the potential of intellectual assets and exploring commercialization opportunities.

On 2 November 2023 the Act on Amendments to the Companies Act entered into force and introduced amendments on cross-border transformations, mergers and divisions. The amendments were introduced with the aim of increasing mobility of companies in the European Union and achieving freedom of establishment, and to improve functioning of the EU internal market for companies.

The amendments to the Companies Act came into effect on 2 November 2023, except for certain provisions that will come into effect on 1 January 2024. The amendments harmonize the Croatian legislation with European legislation, in particular the Commission Implementing Regulation (EU) 2018/12 laying down minimum requirements implementing the provisions of Directive 2007/36/EC as regards shareholder identification, the transmission of information and the facilitation of the exercise of shareholders rights. As a result, they primarily impact joint-stock companies. Special attention is given to provisions regulating the consequences for membership and positions in the company's bodies for individuals who have been convicted of money laundering, financing terrorism, or individuals with outstanding debts related to taxes, contributions, and net wages to employees

At the UHY Business Breakfast held at AC Hotel Split, Mislav Bradvica, a partner at WAHL, delivered an insightful lecture on the intricacies of selling a business (M&A anatomy).