Business

ZAGREB, 22 April, 2021 - The main Zagreb Stock Exchange indices gained on Thursday, the Crobex by 0.30% to 1,883.42 points and the Crobex10 by 0.16% to 1,173.71 points, while regular turnover was HRK 8.5 million, twice as much as on Wednesday. The most traded stock was Končar - Electrical Industry, turning over HRK 1.7 million. The price of its share was stable at HRK 685. Forty-three stocks traded today, with 20 going up in price, nine going down and 14 staying the same as on Wednesday. (€1 = HRK 7.567595) For more about business in Croatia, follow TCN's dedicated page.

April the 22nd, 2021 - The ongoing coronavirus pandemic has changed the whole world as we know it. Working from home has proven more than possible in several sectors in which it was previously unimaginable, and the leisure and tourism industry, which has taken among the hardest blows, will have to change considerably. Croatian accommodation providers will need to adapt as guest habits change and recovery begins. As Poslovni Dnevnik/Marija Crnjak writes, summer resorts are a growing focus of investors of late, as this segment of tourism is expected to be the first to recover after the coronavirus crisis finally…

April the 22nd, 2021 - The Croatian Recovery and Resilience Programme is continuing to face more backlash, doubt and criticism as this so-called ''generational opportunity'' presents more questions than it does answers. As Poslovni Dnevnik/Ana Blaskovic writes, not even ten days before being sent to Brussels, criticism of the Croatian Recovery and Resilience Programme, the key to the 6.3 billion euro grant to try to drag us up and out of the ongoing pandemic crisis, hasn't stopped. Those to whom it should refer didn't participate in the programme's creation, only about eighty pages of the summary were released to the…

ZAGREB, 21 April, 2021 - The Zagreb Stock Exchange (ZSE) indices dropped slightly on Wednesday, going down for the second day in a row, while turnover was somewhat higher owing to a block transaction with Končar - Electrical Industry shares. The Crobex dropped by 0.09% to 1,877.80 points and the Crobex10 decreased by 0.28% to 1,171.80 points. Regular turnover was HRK 4.4 million, around 600,000 less than on Tuesday, but total turnover was boosted by a block transaction with Končar Electrical Industry shares in the amount of HRK 3.4 million. In regular trading, two stocks crossed the million kuna turnover mark,…

April the 21st, 2021 - Terme Tuhelj in continental Croatia has always been extremely popular with domestic tourists, and with the pandemic still continuing to reign strong, it is precisely domestic tourists which kept the facility's head above water over the past, dire year. As Poslovni Dnevnik/Marija Crnjak writes, just like everything related to tourism, doing business in 2020 was extremely challenging for Terme Tuhelj, which in the last few years has invested a lot in raising its overall quality and creating added value for the entire destination of Hrvatsko Zagorje. Despite the less than favourable circumstances, they managed to…

ZAGREB, 20 April, 2021 - The main Zagreb Stock Exchange indices decreased on Tuesday, the Crobex by 0.12% to 1,879.46 points and the Crobex10 by 0.23% to 1,175.07 points, while regular turnover was HRK 5.8 million. Only one stock crossed the million kuna mark, the Adris tourism and insurance group, turning over HRK 1.1 million. It closed at HRK 408 per share, up 0.25%. Forty-one stocks traded today, with 18 going up in price, 11 going down and 12 staying the same as on Monday. (€1 = HRK 7.560764) For more about business in Croatia, follow TCN's dedicated page

April the 20th, 2021 - The Croatian shipyard scene hasn't been producing much in the way of positive news for a significant amount of time now, and the ongoing coronavirus pandemic and the economic woes it brings with it haven't aided the situation. Fina is now proposing bankruptcy for the Brodotrogir shipyard. As Suzana Varosanec/Poslovni Dnevnik writes, just one month after the recent promising messages related to the Brodotrogir shipyard, which were important to the whole group due to the announcement of negotiations with bankers and the sale of the marina there to save business operations, as well as the survival…

April the 20th, 2021 - Croatian transport companies have been dealt an extremely heavy and deeply unforgiving blow by the ongoing coronavirus pandemic, and with monatoriums expiring and cash continuing to dry up, many have been left biting their nails as the government scrambles to find a solution. As Poslovni Dnevnik writes, all those whose moratoriums expired on April the 12 have their interest due. The Croatian Government has promised to find a solution to this pressing issue which primarily concerns Croatian transport companies, but it seems that another in a series of promises has been circumvented, and at the…

April the 20th, 2021 - Could a large Croatian ACI marina project see them step up their game, create a significant number of employment opportunities, and attract even more tourists with a new investment? Some individuals in the know believe so. As Poslovni Dnevnik writes, if everything ended up actually being arranged properly, a Croatian ACI marina project would manage to see 30 airports in operation on the water up and down the Croatian coast, it would be able to create new jobs and employ 56 people, and the investment with a turnover of 65 thousand passengers a year would return…

April the 18th, 2021 - Croatian Post has had to adapt a lot of its business operations as the pandemic rages on, and among the innovations it has introduced over the last year or so include the placing of 150 devices across the country to help out customers. As Poslovni Dnevnik writes, numerous residents of Rijeka and its surroundings have been able to notice Croatian Post's multiple parcel machines set up at four locations in the vicinity of the city over recent days. The move is part of one of the key projects introduced by Croatian Post, which will install…