pretvorba

1. Croat. transformation; conversion
   Pretvorba energije odvija se u motoru. — The conversion of energy takes place in the engine.
2. Croat. (in 1990s Croatia) ownership transformation; privatization
   U pretvorbi su mnogi radnici ostali bez posla. — Many workers lost their jobs in the privatization.

In Serbia the words are pretvaranje or transformacija, and privatizacija for privatization.