Business

ZAGREB, 7 May, 2021 - Croatia exported the commodities worth 30 billion kuna in the first three months of 2021, which was 9.5% more in comparison to the corresponding period in 2020, whereas the imports rose 2.1% to HRK 46.5 billion, the national statistical office (DZS) reported on Friday. As a result, Croatia's foreign trade deficit in Q1 2021 narrowed by nine percent to HRK 16.45 billion compared to the 2020 Q1. The coverage of the import by the export was 64.6%. In the first three months of 2021, HRK 20.7 billion worth of goods was exported to the EU, 8.9% more…

May 7, 2021 - The DUMP Association of Young Developers invites you to the jubilee fifth edition of the DUMP Days conference. The largest IT conference in this area will once again bring together the Croatian IT community, but this time in an unprecedented hybrid edition. DUMP Days will be held on May 14 and 15, partly at the Faculty of Electrical Engineering, Mechanical Engineering, and Naval Architecture in Split, and partly online. As always, it will offer numerous opportunities to share knowledge and experience and create new business connections. The DUMP Days, Dev, Design, Marketing, and Tech conference returns this…

May the 7th, 2021 - The Vodnjan giant Infobip is very well known at this point for its wild success and seemingly almost constant acquisitions. The company has since announced its third large acquisition in just seven months. As Poslovni Dnevnik/Lucija Spiljak writes, the Vodnjan giant Infobip has announced a new, third acquisition in just seven months. This time it is the Irish IT company Anam Technologies, the world's leading provider of SMS firewall services. Infobip and Anam will now jointly provide technical solutions for more than 700 mobile operators globally, covering 64 percent of the world’s mobile devices. The…

ZAGREB, May 6, 2021- The main Zagreb Stock Exchange (ZSE) indices strengthened on Thursday, with the Crobex continuing its upward movement for the fourth day in a row to reach its highest level since the end of February 2020. The Crobex rose by 0.38% to 1,930 points, while the Crobex10 gained 0.4% to end the day at 1,196 points. Turnover at the end of the trading session reached HRK 9.2 million, about 1.5 million less than on Wednesday. The stock of the Atlantska Plovidba shipping company turned over HRK 1.8 million, closing at HRK 317 per share, up 6.73% over…

ZAGREB, 6 May 2021 - The Chinese manufacturer of mobile phones and other devices Xiaomi ranked first in Croatia in Q1 2021 in terms of smartphone delivery, holding 40% market share and achieving an annual growth of 65%, the Xiaomi International office for Croatia and Slovenia said on Thursday. Noting that this was Xiaomi's historic result in Croatia, the company's manager for Croatia and Slovenia, Mirela Polić, added that the results were based on newly published data from several global research and data analytics companies for the global smartphone market (Canalys, IDC and Strategy Analytics). According to these data, Xiaomi…

ZAGREB, 6 May 2021 2021 - The HEP Group, the national energy company specialized in the generation, distribution and supply of electricity, recorded the consolidated net profit of HRK 1.46 billion in 2020, a rise by HRK 61.1 million compared to 2019, according to the group's annual consolidated financial statement. "The business operations of HEP Group were affected by the epidemiological measures implemented to prevent the spread of the new coronavirus (COVID-19), which lead to stopping a portion of economic activities and subsequently to reducing electricity demand by business customers and changing the structure of demand," the HEP group says…

May the 6th, 2021 - HBOR (Croatian Bank for Reconstruction and Development) supported Croatian enterprises throughout the coronavirus-dominated year of 2020 with almost eight billion kuna. As Novac writes, throughout 2020, the Croatian Bank for Reconstruction and Development held Croatian companies up with an enormous amount of money, around 8 billion kuna, which is 13 percent more than was needed back in pre-pandemic 2019, as was announced in the audited annual financial report issued by HBOR for last year. In total, HBOR supported more than 1,800 projects of Croatian enterprises back in 2020, and last year, HBOR approved 43 percent…

ZAGREB, 5 May, 2021 - The Zagreb Stock Exchange Crobex index continued to increase slowly on Wednesday for the third day running while the Crobex10 weakened, with investors focusing on the HT telecommunications stock, which traded without dividend rights. The Crobex increased by 0.35% to 1,923 points, climbing for three straight days and reaching its highest level since February 2020. The Crobex10, however, weakened slightly, by 0.02% to 1,191 points. The transport sector index registered the highest increase, of 3.93%, while the construction sector index plunged by 2.48%. Regular turnover amounted to HRK 10.4 million or 1.65 million more than on…

ZAGREB, 5 May, 2021 - The INA oil company will donate HRK 1.4 million to healthcare institutions this year, aware of the exceptional circumstances that the system is faced with due to the coronavirus pandemic, the company said in a press release on Wednesday. In the wake of last year's earthquakes in Sisak-Moslavina County, INA has donated HRK 500,000 to the Sisak General Hospital and an additional HRK 900,000 to other institutions. INA plans to donate HRK 150,000 each to the Oncology Department of the Hospital for Children's Diseases in Zagreb and the Clinical Hospital Centre (KBC) in Rijeka as well as…

May the 5th, 2021 - The Japan-based company Nipro has taken over Piramida, a Croatian pharmaceutical packaging producer from Sesvete near the City of Zagreb. As Poslovni Dnevnik/Suzana Varosanec writes, the Sesvete-based Piramida company, which is a Croatian pharmaceutical packaging producer, has enjoyed some excellent business results - growth of 15 to 20 percent per year. These brilliant results have naturally attracted attention in the form of an April purchase/transaction which has now been completely carried out and turned into an ownership transformation. As a result of that, this leading Croatian pharmaceutical packaging manufacturer entered the composition of the Nipro Corporation,…