TERRA FIRMA d.d. is a company located in Zagreb, Croatia. It was incorporated in November 2004 as the first real estate investment fund in Croatia and this part of Europe. The company operates as a joint-stock company in accordance with the provisions of the Law on Investment Funds and the Law on Companies. On May 14, 2009, the company held an Extraordinary General Assembly where decisions were made to change the company name and business scope due to legal restrictions on direct investments in development projects. The company's new Statute was also adopted. According to the decision of the Commercial Court in Pazin on August 14, 2009, Terra Firma d.d. no longer operates as a closed-end investment fund with a public offering for real estate investments, but as a joint-stock company for real estate investments. These changes in status allowed the company to directly invest in its own real estate, increasing their value and attractiveness in the market, as well as joint investments in development projects with external partners. The company's share capital is 3,600,000.00 Croatian Kuna, consisting of 36,000 regular shares with a nominal value of 100 Kuna. The company's shares, with the symbol TRFM-R-A, are listed on the Regular Market of the Zagreb Stock Exchange. The company's organs include the General Assembly, the Supervisory Board, and the Management Board. The Management Board consists of the company's director, while the Supervisory Board has three members elected by the General Assembly for a four-year term. The company's Statute, which is its basic document, states that the company will invest its assets with the aim of increasing their value and multiplying the shareholders' capital in line with the types and risks of investments. The company will prioritize the safety of investments and minimize risks, solely in the interest of the shareholders.
Headquarters
Budmanijeva 3
Zagreb; City of Zagreb;
Postal Code: 10000
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Website: https://www.terrafirma.hr
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