Croatia adopts new rules for appointing boards of state-owned firms

The Croatian government approved three subordinate acts that overhaul how members of supervisory boards and management bodies of state‑owned companies are selected and appointed. The legislation sets qualifications for candidates, introduces a transparent public tender process, and includes provisions on independence, gender and age diversity, and the role of supervisory boards in choosing executives.

Vice‑president of the government and finance minister Tomislav Ćorić said the measures fulfil the criteria for completing Croatia’s accession negotiations with the OECD and strengthen corporate culture in publicly owned entities. The reforms are part of the 2021‑2026 National Recovery and Resilience Plan and a list of 39 entities of special interest has been identified. Implementation is slated for early next year, with the new selection model to be in place by then.