Business

Thursday, 1 December 2022

Fortenova Profit Reaches Impressive 534 Million Kuna

December the 1st, 2022 - The Fortenova profit has reached impressive figures during the first nine months of 2022, with the growth of all business indicators being helped along by an excellent post-pandemic summer tourist season. As Poslovni Dnevnik writes, on Wednesday this week, the Fortenova Group (Grupa) announced its detailed business results for the first nine months of this year, according to which it achieved a profit from continuous operations of 534 million kuna, against a loss of 384 million kuna in the same period last year. The greatest positive impact on the growth of all business indicators was the…
Thursday, 1 December 2022

Croatian Vertiv Factory Eyes Great Opportunity for Data Centres

December the 1st, 2022 - The Croatian Vertiv factory has an excellent chance of getting a slice of the proverbial cake which comes in the form of a huge increase in searches for data centres. As Poslovni Dnevnik/Josipa Ban writes, as many as 20 projects are currently being worked on at the Croatian Vertiv factory's production plant in Rugvica. At the entrance to the IMS (which is a factory for the production of modular solutions), Marko Skara, the factory manager, showed of this 500 kilowatt power data centre, made to order, which is being disassembled and prepared to be sent up…
Tuesday, 29 November 2022

ETF Airways is First Croatian Company With Permission to Fly to USA

November the 29th, 2022 - The Croatian company ETF Airways, which was born during the pandemic, has become the first company registered in Croatia to be able to fly to the United States of America. As Poslovni Dnevnik/Marija Crnjak writes, following on from an excellent second summer flight season since its establishment, the Croatian charter carrier ETF Airways has become the very first Croatian airline to receive approval from the US Department of Transportation for flights to the USA, which will initially also open up the Caribbean market for them. For next year, this company's main plan is additional growth, with…
Tuesday, 29 November 2022

Croatian Startup qSoft Involved With Platform Which Uncovers Corruption

November the 29th, 2022 - The Croatian startup qSoft has worked alongside multiple other agencies and bodies and created a platform which works to uncover corruption, stating that the situation is far worse than we think. As Poslovni Dnevnik/Suzana Varosanec writes, in cooperation with ICCrA - the Institute for Compliance, Criminal Compliance and Anti-Money Laundering, the WRAP (Whistleblower Reporting App) application was launched to achieve greater efficiency in the organisation of business, which serves both to detect and correct anomalies from the corruption zone, but also to improvement of work processes, regardless of the size of entities, type of ownership and…
Monday, 28 November 2022

Looking for a Job in Croatia? This Week's Top 10 from Posao.hr (November 28, 2022)

November 28, 2022 - Looking for a job in Croatia? A new weekly feature on TCN, in partnership with leading job site agency, Posao.hr, who present a selection of weekly job listings. How hard is it to find a job in Croatia, and what is on offer? We spoke to Ines Bokan, director of leading jobs site Posao.hr, who kindly took the time for this excellent interview overview.   Ines has kindly agreed to work with us on a new weekly feature on TCN - a weekly selection of 10 job listings, as chosen by Posao.hr.  Details and links to the…
Friday, 25 November 2022

Esplanade Hotel General Manager Ivica Max Krizmanic Wins Award

November the 25th, 2022 - The general manager of Zagreb's well known and very popular Esplanade Hotel, Ivica Max Krizmanic, has won the prestigious World Luxury Hotel Award for 2022. As Suzana Varosanec/Poslovni Dnevnik writes, the general ,anager of Zagreb's Esplanade Hotel, Ivica, Max Krizmanic, is the winner of the World Luxury Hotel Awards 2022 for the best general manager in all of Southern Europe. This is otherwise a very prestigious award that is traditionally awarded to the absolute best in the demanding hotel industry. The press release stating that Ivica Max Krizmanic had received this year's prestigious award was…
Friday, 25 November 2022

Croatian Modepack Company to Increase Revenue with Eurozone Accession

November the 25th, 2022 - The Croatian Modepack company is set to cash in and increase its income on the mere change of the country's currency from the kuna to the euro as of January 2023. As Darko Bicak/Poslovni Dnevnik writes, with an investment of 63 million kuna in their new plant in Velika Gorica near Zagreb, the Croatian Modepack company has recently rounded off its strategic efforts to double its capacity conceived in the wake of the coronavirus pandemic, when the demand for their range of courier and security packaging on the global market exploded. As explained by Jure…
Thursday, 24 November 2022

Croatian Company Include Eyeing Italian, German Markets

November the 24th, 2022 - The remarkable Croatian company Include, at the helm of which is young entrepreneur Ivan Mrvos, is now eyeing the markets of Germany and Italy with its innovative Smart City solutions. As Poslovni Dnevnik/Josipa Ban writes, after three years of development, the Croatian company Include has finally launched brand new smart solutions for cities and municipalities on the market. This is how the installation of the redesigned version of the wildly popular Steora smart bench and two completely new products - Aerys - an air quality monitoring station and Terra - a waste container, began. "For…
Thursday, 24 November 2022

Zagreb IT Company BISS Developing New AI Solution - Reverse 112

November the 24th, 2022 - The Zagreb IT company BISS, which works with artificial intelligence (AI) is currently working on a very innovative new solution which could see their revenues shoot up over the next year. As Poslovni Dnevnik/Josipa Ban writes, the Zagreb IT company BISS is known for developing solutions based on AI, which make doing all kinds of business much easier for clients. They're mostly oriented towards the development of platforms in the field of delivery and public safety, and with this brand new solution they are currently developing, they are within reach of concluding a deal that…
Tuesday, 22 November 2022

Croatian Companies Generally Optimistic About Customer Payment Discipline

November the 22nd, 2022 - The European Union (EU) average when it comes to companies being placed in serious jeopardy because of poor financial discipline is higher than the Croatian one, but that doesn't mean that Croatian companies aren't also finding themselves in hot water more often than they should. As Poslovni Dnevnik/Suzana Varosanec writes, almost two out of three companies operating within the European Union (EU) believe that customer payment discipline will worsen in the coming period, according to the thirteenth representative EOS survey entitled "European payment habits", in which 3,200 companies spanning sixteen different European countries, including those…
Tuesday, 22 November 2022

Share of Croatian Women Listed as Company Founders Increased in 2021

November the 22nd, 2022 - The share of Croatian women who started their own businesses last year is incredibly encouraging, with the number of companies with women at the helm on the up. As Poslovni Dnevnik/Suzana Varosanec writes, last year, a group which is made up of 47,041 enterprises had at least one woman on the Management Board or Supervisory Board. Croatian women held 95,777 functions, of which 51,535 were management functions, while in 1,846 cases women held supervisory functions (members of the Supervisory Board), and in 42,396 cases - they appeared as company founders. The above was shown in…
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