Koncar Group Expands Stake in Koncar Sistemske Integracije
Deal News | Aug 15, 2025 | CEE Legal Matters

Lovric Novokmet & Partners (LNP) has provided legal counsel to Koncar Group in its recent acquisition of the remaining 25% stake in Koncar Sistemske integracije Ltd., a Croatian ICT company. Although the financial details surrounding this transaction remain undisclosed, the move signifies a strategic expansion for Koncar Group, a leading energy company listed on the Zagreb Stock Exchange and headquartered in Zagreb, Croatia. The company boasts a diverse structure of 16 subsidiaries with a workforce of over 5,271 employees. Despite reaching out for additional commentary, LNP did not provide further information regarding the acquisition.
Sectors
- Energy
- Information and Communication Technology (ICT)
Geography
- Croatia – Both Koncar Group and Koncar Sistemske integracije are based in Croatia, and the business operations and acquisition are conducted within this geographical context.
Industry
- Energy – Koncar Group operates within the energy sector, which is central to its business model as a significant energy company based in Croatia.
- Information and Communication Technology (ICT) – Koncar Sistemske integracije is noted as an ICT company, which is the industry in which the acquisition took place and where Koncar Group is now expanding its presence.
Financials
- Not Disclosed – The financial terms of the acquisition of the 25% stake in Koncar Sistemske integracije have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Koncar Group | Acquiring Company | Company | A Croatian energy company listed on the Zagreb Stock Exchange with 16 subsidiaries and over 5,271 employees. |
| Koncar Sistemske integracije | Target Company | Company | A Croatian company within the Information and Communication Technology (ICT) industry. |
| Lovric Novokmet & Partners (LNP) | Legal Advisor | Company | A law firm advising Koncar Group in the acquisition deal. |