The Croatian brewer, Karlovacka Pivovara, reported a net profit for 2002 of CK26.03m (US$4.1m/€3.5m), compared with CK32.3m (US$5.1m/€4.3m) in 2001.

In April 2003, Heineken acquired a 68.8% share in Karlovacka Pivovara from the Lucsic family for CK82.6m (US$97.6m).