Half of the Golubovec Castle Owned by Ninoslav Pavić Sold

The Commercial Court in Zagreb has issued a ruling awarding half of the Stubica Castle and the Golubovec park, owned by Vilinske poljane d.o.o. in bankruptcy, a company founded and co-owned by Ninoslav Pavić, to the Krapina-Zagorje County and the City of Donja Stubica, which had the right of first refusal at the public auction for the real estate of that company in bankruptcy.

The court decision followed the last public auction held on March 20, where the castle and surrounding land of just over 6400 square meters were sold at an initial price of 600,000 kuna. However, although a Zagreb company offered the highest amount of 790,000 kuna at that public auction for the properties, representatives from Krapina-Zagorje County stated at the hearing that they would exercise their right of first refusal.

>>> The properties of Pavić’s company Com Com in bankruptcy are being appraised, a Mercedes AMG sold for 13,250 kuna

Therefore, by court ruling, these properties were awarded to local government units that are obliged to pay the specified amount into the court account within fifteen days from the finality of that ruling, and if they fail to do so, the sale will be declared invalid.

The mentioned properties in Donja Stubica had registered rights in favor of secured creditors of Karlovačka banka, the former Fund for Development and Employment, the former Varaždin Bank (Vaba), as well as the Ministry of Finance, but with the sale of the property, the court also ordered the deletion of records, rights, and encumbrances on the Golubovec Castle, which is a protected cultural monument, and for this reason, the state or local government units also had the right of first refusal.

The sale of the properties by Vilinske poljane d.o.o. followed the opening of bankruptcy for that company in July 2014 and the decision of the bankruptcy trustee regarding the sale of the properties in October 2015.

>>> Pavić’s dispute over the takeover of Hanza Media interrupted until the appointment of Hanžeković’s successor

Vilinske poljane d.o.o. was founded in 2005, with a share capital of 3.8 million kuna, and the founders listed are Damir Vlajčević and Ninoslav Pavić, the former owner of the media company Europapress Holding (EPH), now Hanza Media. Vilinske poljane is also known as the company that claimed more than 7.7 million kuna from the well-known textile company Kamensko after its bankruptcy, which was only contested upon the completion of Kamensko’s bankruptcy.

Afera ‘Kobilje mlijeko’

Due to the disputed claims of the company led by Pavić and Vlajčević, who was also one of the leaders of the management of Kamensko d.d., worker protests were held, and the claims were also the subject of a police investigation during 2011 and 2012, during which the former director of Kamensko, Antun Crlenjak, and Vlajčević were detained and questioned.

>>> Half of the castle co-owned by Ninoslav Pavić at a public auction for 600,000 kuna

In addition to the Kamensko case, Vilinske poljane were also known for the ‘Kobilje mlijeko’ affair, in which they were accused of misusing more than 14 million kuna allocated through the then state Fund for Development and Employment for the purchase of a building, breeding mares and horses, and milking equipment as part of that planned but never realized project in the immediate vicinity of the Golubovec Castle.