[3][4] After his spell at NK Zagreb ended in March 2004 when he was replaced by Milivoj Bračun, Petravić joined fourth-tier club Polet Buševec in the role of technical advisor before being appointed joint manager with Nino Matković in the second part of the season.
In June 2007, Petravić received an offer from Vinogradar and after consultation with the club terminated his contract by mutual consent.
In January 2008, he was considered to coach Croatia Sesvete but the job went to Ljupko Petrović and Petravić returned for the third time to Polet.
In October 2008, Petravić was appointed as manager of Segesta after Srećko Bogdan left the club by mutual consent.
[9] In May 2012, Žalgiris won the 2011–12 Lithuanian Football Cup after defeating Ekranas in the final 3–1 in a penalty shoot-out after a scoreless draw in regular time.
In the second qualifying round of 2012–13 UEFA Europa League, Žalgiris were eliminated with an aggregate score 6–2 by the Austrian side Admira.