Business

March the 22nd, 2021 - Croatian entrepreneur Mijo Pasalic, best known as being the owner of the successful company Apfel, has built apartments for his employees in Makarska. As Poslovni Dnevnik writes, Croatian entrepreneur Mijo Pasalic, the owner of the Apfel company, has constructed two apartment buildings in the coastal Dalmatian town of Makarska with apartments that were purchased at half price by his workers who hadn't managed to get their housing issues resolved and until recently were tenants in unenviable situations. He thus resolved a very significant existential issue for thirteen of his company's employees. Given that we haven't…

March the 22nd, 2021 - The Croatian Chamber of Commerce has decided to continue to waive HGK membership fees for Croatian entities as the global coronavirus pandemic rages on. Mandatory fees paid to the Croatian Chamber of Commerce have been a burning topic of irritation for Croatian companies for many years now, long preceding the coronavirus pandemic which has caused tremendous issues for the income of companies, particularly those who have had their ability to work limited or banned.  Many Croatian enterprise owners have campaigned throughout the years for the total abolition of HGK membership fees, with some claiming that…

ZAGREB, 21 March 2021 - At the end of February this year, 233,736 consumers in Croatia were subjected to debt enforcement proceedings for HRK 16.9 billion owed, as were 15,504 business operators owing HRK 15 billion, according to the data from the Financial Agency (FINA). The number of consumers in debt fell by 6,151 or 2.6% compared with February 2020, while their debt principal increased by HRK 100 million or 0.9% to HRK 16.9 billion. The majority of consumers, or 103,050, owed less than HRK 10,000, while 100,904 consumers owed amounts ranging between HRK 10,000 and 100,000. On the other hand,…

March the 21st, 2021 - The Croatian company Bobis is a very well known name in Dalmatia, serving some of the nicest confectionary that goes down very well with a three hour coffee in the sun. This baked goods production company has taken important steps forward regardless of the pandemic. As Poslovni Dnevnik writes, Bobis, a Dalmatian leader in bakery and confectionery production and one of the most important Croatian companies in this popular field, has opened and put into operation a brand new, extremely modern factory in Solin near Split. This is one of the most significant events in…

March the 21st, 2021 - One Zagreb software company has developed an innovative solution for the reporting of traffic and crowding on motorways. As Novac/Bernard Ivezic writes, after Greece, Italy, Romania, the Netherlands and Lithuania, Croatia, like all other EU member states, will have to introduce the EU-Alert system in the next year. So far, sirens have been informing drivers on the country's motorways about sudden dangers and issues, and now they will send out SMS/text messages. The Zagreb software company BISS, which also develops solutions for predicting motorway congestion and advanced mobile identification, has already developed its own IT…

March 20, 2021 - The Split Technology Park will be the beginning of a new Split, one that turns from tourism to technology.  Slobodna Dalmacija reports that a total of HRK 105 million was allocated to the City of Split for the first phase of the future Split Technology Park in Dračevac, which is almost 64 percent of the total value of the project, estimated at HRK 165 million! This is the largest individual project of the City of Split in the European Union's programming period. A public procurement procedure has been launched to design and construct the Split Technology…

ZAGREB, 19 March, 2021 - The percentage of Croatian citizens who support the adoption of the euro in February this year has reached 45%, up by four percentage points from 41% in a previous survey, conducted in March 2020, the Croatian National Bank (HNB) said on Friday. The fourth public opinion poll on the adoption of the euro was carried out for the HNB by the Ipsos agency from 23 February 2021 to 1 March 2021. Nineteen percent of citizens are against the adoption of the euro, while 26% are either against or in favour depending on other factors, and 10%…

ZAGREB, 19 March, 2021 - Croatia will enter the euro area on 1 January 2023 at the earliest, and introducing the euro has a number of advantages but for those advantages to be greater the economy needs to be more flexible, including with regard to the labour market, a conference heard on Friday. The conference, focusing on the introduction of the euro as the official currency in Croatia, was organised by the students' association Financial Club. Croatian National Bank (HNB) Governor Boris Vujčić said in his opening remarks that Croatia cannot enter the euro zone before 1 January 2023. "Whether Croatia will enter the…

March the 19th, 2021 - The Croatian ferry Jadrolinija is continuing its search for used vessels, and not brand new ones, across the globe. This move has resulted in irritation for some, including the competent ministry. As Poslovni Dnevnik/Marija Brnic writes, last week, the well known Croatian ferry Jadrolinija strengthened its fleet with the new ship, Losinj, and according to unofficial announcements, the purchase of another large vessel is now in its final phase, which, according to sources from that shipping company, should be a worthy replacement for the temporary Lastovo ship. However, in both cases, as in all procurements…

March the 19th, 2021 - Volkswagen's boss has spoken out about the information which has been circulating for months now about the alleged Rimac Bugatti purchase. Rumors have been doing the rounds for some considerable time, and speculation has been rife. As Novac writes, rumours about an alleged Rimac Bugatti purchase, more specifically that Rimac Automobili would take over Buggati, have been flying around for a while now. The main body of these rumours was how Volkswagen could restructure the business of its entire concern by merging Rimac, Porsche and Bugatti into one unit which would work together to produce supercars.…