Tax and consulting network RSM has merged its Croatian member firm with UHY Croatia.
The combined business will operate under the joint leadership of Ivan Marković, from the current RSM member firm in Croatia, and Krešimir Budiša, formerly of UHY Croatia. Both will serve as managing partners.
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The firm will employ 57 professionals across three offices located in Zagreb, Split, and Koprivnica.
The unified operation will provide services to domestic companies as well as inbound international investors.
In total, advisers from the firms have supported organisations in obtaining around €300m ($334m) in project funding, a statement said.
Marković said: “This merger is particularly impactful given it unites two firms with complementary expertise. RSM’s firm in Croatia brings a long-standing and respected audit practice with offices in Zagreb and Koprivnica.
“Meanwhile, the UHY team brings extensive tax, consulting, accounting and European Union funds expertise and a strong position in the Adriatic region.
“Working together we now have the scale, geographic coverage and full service offering to build RSM into a leading provider of professional services in Croatia and support the network across the wider region.”
The merger coincides with operational growth across Central Europe, where RSM reported a 20% year-on-year revenue rise, marking a 41% increase since the rollout of its 2030 global strategy in 2022.
The agreement in Croatia also follows the entry of AS RSM Latvia and RSM Lithuania into the network this year.
RSM International CEO E.J. Nedder said: “We are delighted to welcome this merger, and look forward to the firm’s development under the expert stewardship of Krešimir and Ivan.
“This merger marks an important and intentional step in strengthening RSM’s presence in Croatia and across our wider European region. “By bringing together two established firms, we are expanding our scale and ability to better serve our clients locally, nationally and globally.”
