Since Croatia’s establishment as a sovereign country in the early 1990s, foreign investments have been identified as a strategic priority of its economic policy. Croatia seeks to provide a stable legal environment for foreign investors through its domestic rules, EU law or bilateral investment treaties. Providing legal protection in international investment disputes is a challenging task, and requires careful balancing between protecting private investor interests and the public interest in the State of investment. Entrusting this task to ad hoc arbitration tribunals, which adjudicate based on a specific body of investment law, and its open concepts, has been under increasing criticism, leading to a conclusion that the characteristics that distinguish arbitration from court proceedings are, at the same time, its greatest shortcomings. On the trail of this reflection, and following the Achmea case, there is increasing advocacy for establishing a special EU court for international investment disputes. This paper focuses, however, on the investment dispute resolution before ICSID involving Croatia either as the respondent or the home state in the last half decade.Od uspostavljanja Hrvatske kao suverene zemlje početkom 90-ih, strane investicije su izdvojene kao strateški prioritet ekonomske politike zemlje. Hrvatska nastoji da obezbedi stabilno pravno okruženje za strane investitore, kako kroz svoja domaća pravila, tako i kroz pravo EU, te bilateralne investicione ugovore. Pružanje pravne zaštite u međunarodnim investicionim sporovima predstavlja jedan od izazovnijih zadataka, jer zahteva pažljivo balansiranje između zaštite interesa privatnog investitora i javnog interesa u državi ulaganja. Poveravanje ovog zadatka ad hoc arbitražnim sudovima predmet je sve većih kritika, što dovodi do zaključka da su karakteristike koje razlikuju arbitražu od sudskog postupka istovremeno i njeni najveći nedostaci. Na tragu tog razmišljanja i nakon slučaja Achmea, sve više se zagovara uspostavljanje posebnog suda EU za međunarodne investicione sporove. U ovom radu fokus je, međutim, na pitanju rešavanja investicionih sporova pred ICSID-om u kojima je Hrvatska uključena bilo kao tužena strana ili kao matična država u poslednjih pola decenije
