Business

ZAGREB, 16 February, 2021 - The Jamnica water bottler and beverage producer of the Fortenova Group will start exporting to Ukraine as of next week, Jamnica said on Tuesday. The shops of the Ukrainian Fozzy Group will offer three products from Jamnica -- natural mineral water Jana and two types of carbonated mineral water, Jamnica and MgMivela. The press release carries a statement by the beverage sales executive at the Fortenova Group, Ivan Čevra, who underscored that it was a great opportunity for positioning Jamnica's products on the Eastern European market. According to him, they see exporting into a new…

February the 16th, 2021 - The launch of a drink which has long since been loved by American drinkers, hard seltzer, will soon be available here in Croatia. The popular Zagreb Brewery will have an important role to play. As Poslovni Dnevnik writes, the Molson Coors Beverage Company will soon become the first company to launch the aforementioned alcoholic beverage - hard seltzer, throughout the Central and Eastern European market, thus consolidating its leading position in the market. Here in Croatia, hard seltzer will enrich the product portfolio of the Zagreb Brewery (Zagrebacka pivovara). The move involves expanding one of…

February the 16th, 2021 - Could we soon expect a rise in Croatian investment loans being taken out as spring quickly rolls around and the vaccination is rolled out? According to RBA analysts, the answer to that question is yes. As Poslovni Dnevnik/Ana Blaskovic writes, placements to companies continued their upward trend at the end of last year; back in December, they grew by 2.5 percent on a monthly basis and by 5.3 percent on an annual basis, reaching 86.3 billion kuna. Data from the Croatian National Bank (CNB) illustrates that this growth is mainly due to an increase in…

February the 16th, 2021 - The first Croatian GMO-free soybean processing is set to spring up in Eastern Croatia, a heavily economically neglected part of the country. As Poslovni Dnevnik/Branimir Bradaric/VL writes, in Vukovar-Srijem County, more precisely in Drenovci, the first Croatian Centre for GMO free soybean processing should emerge, assessed as a strategic project in that particular eastern county, which is also the project holder, the municipality of Drenovci is a partner and the county development agency is an associate. Over recent days, soybean producers were presented the project-technical documentation of the centre for the processing of Croatian GMO…

ZAGREB, 15 February, 2021 - Agriculture Minister Marija Vučković on Monday presented the director of the Split Port Authority, Vice Mihanović, with a decision to build a fishing port, worth €5 million, in Komiža on the southern island of Vis. €5 million is the maximum possible support that can be granted for fishing infrastructure through the EU's Maritime and Fisheries operational programme, Vučković said. This is very important because Croatian fishing infrastructure has not been modernised for decades, she added. "This port is one of the preconditions for fast delivery of high-quality and fresh Croatian fish," the minister said, adding…

ZAGREB, 14 February, 2021 - The number of deaths at workplace in Croatia has risen since 2018, and for instance the work-related fatalities in the construction sector have climbed by 75% for the last three years. This problem was exacerbated by situations including roof repairs activities in the areas hit by the devastating earthquakes in 2020. Fewer reported work-related injuries, but rise seen in fatal occupational injuries In 2018, there were 1,775 work-related casualties, and of them 44 were fatalities, in 2019, the number of casualties fell to 982, however, 53 people were killed at their work place, and in 2020, there were 801 work-related casualties…

ZAGREB, 14 February, 2021 - Companies SAP d.o.o. and b4b announced at an online conference last Wednesday that SAP's localised Business ByDesing solution in the cloud also targeted small and medium-sized enterprises, after offering solutions for large enterprises and business systems on the Croatian market. This solution isn't new in SAP's portfolio, because it is already being used in more than a hundred countries, but now it has been localised and adapted to the Croatian market for small and medium-sized enterprises, said the CEO of SAP in Croatia, Anita Lacmanović. She explained that the solution can help to reduce costs and…

ZAGREB, 14 February, 2021 - The total untapped export potential of machine and equipment manufacturing in Croatia is US$399.8 million, according to a study by the Croatian Chamber of Commerce (HGK) carried out as part of the Fit4Globe project. The study has found that the product groups with the largest export potential are parts for gas turbines and turbojet engines, parts for lifting and moving machines and equipment and construction machinery, parts for air pumps, compressors and fans, combine harvesters, temperature control valves and parts for internal combustion devices. The study dealt in detail with 12 products, 10 of which were selected…

ZAGREB, 14 February, 2021 - In 2020, Croatian producers generated record-high sales, over €100 million, through the Spar retail chain, up 15% on the year, Spar said this week. The highest increase was recorded in Austria, by 33%, followed by Italy (+21%) and Slovenia (+16%). In order to support Croatian companies and additionally highlight Croatian products, Spar Austria is also promoting them in a special leaflet, Spar said. Last year big Croatian companies like Atlantic Grupa, Podravka, Kraš, Zvijezda, Ledo and Vindija continued to successfully export their products via Spar. The Žito company recorded growth in Slovenia, Violeta saw higher sales in Slovenia and Austria,…

February the 14th, 2021 - Has Croatian technological innovation died? While there is a lot that can be said which would act as a solid argument against that, with the Croatian IT industry continuing to blossom despite the ongoing pandemic and the likes of homegrown masterminds like Mate Rimac, the Bloomberg Index thinks otherwise. As Novac/Marko Biocina writes, almost no week manages to go by without the results of some sort of global index being presented to the Croatian public, and then based on these results people draw varying conclusions about the state of the Croatian economy and society in…