The Croatian competition authority, AZTN, has approved the initial report from PricewaterhouseCoopers regarding the supervision of the conditional merger between Eagle Hills Zagreb Real Estate d.o.o. and Sunčani Hvar d.d. This report outlines the measures and conditions that the merging parties must adhere to in order to mitigate any negative effects on market competition.

PricewaterhouseCoopers conducted oversight based on its own methodology, assessing the compliance of the merging parties with the stipulated conditions. The report indicates that the conditions are being respected during the observed period, and it includes recommendations for further implementation. Continuous monitoring will be conducted throughout the merger period, with reports submitted as required.

AZTN adopted the report in two points, with the last point being approved with a recommendation. This recommendation instructs the Commissioner to continue monitoring compliance and to report on any objective reasons for partial fulfillment of the measures if the current trend persists.

AZTN emphasizes that the purpose of the report is to ensure oversight by the Commissioner and AZTN over the implementation of measures and conditions within the deadlines set by the decision related to the conditional merger of Eagle Hills Zagreb Real Estate d.o.o. and Sunčani Hvar d.d.