cvasti

1. Croat. to bloom; to blossom
   Trešnje već cvatu. — The cherry trees are already blooming.
   Ove godine visibabe cvatu ranije nego obično. — This year the snowdrops are blooming earlier than usual.
2. Croat. (of business, life) to flourish; to thrive
   Zapošljavaju još ljudi jer posao cvate. — They are hiring more people because the business is thriving.

In Serbia cvetati is more common; cvasti (cvatem) is also used in standard Serbian.