Business

Tuesday, 1 November 2022

Koncar's Revenue 26.4% Higher Than 2021's in Third Quarter of 2022

November the 1st, 2022 - Many Croatian companies have finally managed to get their revenues back up to reasonable levels in the post-pandemic period, only to have inflationary pressures and spiralling costs cause yet another issue. Koncar, however, has recorded a firm increase when compared to 2021. As Mladen Miletic/Poslovni Dnevnik writes, in the third quarter of 2022, Koncar, the largest Croatian exporter and regional leader in the country's power industry, achieved an impressive increase in revenue from the sale of its products and services by 635.9 million kuna, which represents a 26.4% increase in comparison to the results recorded…
Tuesday, 1 November 2022

Valamar's Revenue Growth and Good Results Threatened by Inflation

November the 1st, 2022 - The Croatian company Valamar has enjoyed some excellent results and impressive revenue growth, but could all that end up being threatened by inflationary pressures? It seems rising costs are already making a dint. As Poslovni Dnevnik writes, according to Valamar's business report for the first nine months of 2022, this huge Croatian tourism company achieved results that confirm the recovery of business operations after two years dominated by the public health crisis, and they also indicate the significant impact of the new crisis on business costs. 2.32 billion kuna in operating income was successfully achieved…
Saturday, 29 October 2022

Podravka Group Maintains Growth, Sales Revenue Increases

October the 29th, 2022 - The Podravka Group has managed to hold onto its growth despite the negative economic circumstances and inflationary pressures we're currently experiencing. It even secured sales growth of 10 percent. As Poslovni Dnevnik writes, during the first nine months of 2022, Croatia's well known Podravka Group successfully coped with the various market challenges generated by the coronavirus pandemic and the Russian aggression against Ukraine, the consequences of which are reflected in the strong and continuous increase in the prices of all raw materials, packaging and energy. Over the first nine months of this year, the Podravka Group…
Thursday, 27 October 2022

Mate Rimac Puts Sveta Nedelja at Top of EU Investment in Climate Tech

October the 27th, 2022 - Croatian entrepreneur Mate Rimac can be praised for many things, from attracting the automotive industry's attention to a small nation without any car production to speak of, to placing Croatia firmly on a map that doesn't involve tourism. The list is a long one, and attracting huge EU investment in climate tech to Sveta Nedelja is another string to his impressive belt. As Poslovni Dnevnik/Mladen Miletic writes, a new report by PwC, in partnership with Wolves Summit, on the status of climate technology investment in 27 countries across the Central and Eastern European region found…
Thursday, 20 October 2022

Second Croatian Glovo Express Store Opens Doors in Zagreb

October the 18th, 2022 - The second Croatian Glovo Express store has opened its doors here in the City of Zagreb, more precisely on Zagrebacka cesta. As Poslovni Dnevnik writes, Glovo, one of the world's leading applications for the delivery of multiple categories of products, including food from a very wide variety of restaurants, has opened a second Croatian Glovo Express store in the heart of the capital city. This means that more than 2,500 different products from different categories are now available to customers from the western part of the City of Zagreb within the Glovo application, such as:…
Thursday, 20 October 2022

Looking for a Job in Croatia? This Week's Top 10 from Posao.hr (October 29, 2022)

October 29, 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…
Wednesday, 19 October 2022

Norwegian Fund Offering Six Million Euros to Croatian Companies

October 19, 2022 - After the publication of the call for proposals by the Norwegian fund management, all interested parties will have two months to submit their applications, and the percentage of support will be determined depending on the size and location of the company, the type of investment, etc. As reported by Poslovni, six million euros from the Norwegian financial mechanism will be available to Croatian entrepreneurs for investments in green technologies. The company Innovation Norway, manager of the fund for the Business Development and Innovation Croatia programme, announced that in November, it will publish the third call for…
Wednesday, 19 October 2022

100 Million Kuna Makarska Apfel Arena to Open Doors Tomorrow

October the 19th, 2022 - The much anticipated Makarska Apfel Arena is set to open its doors tomorrow, marking a new start for that part of Central Dalmatia with this 100 million kuna investment. As Poslovni Dnevnik/Marija Crnjak writes, the Makarska Apfel Arena sports and cultural centre, known as a socially responsible business project, will officially open its doors this Thursday. The Pasalic family, which has been supplying Makarska catering and hospitality firms for a number of years now, invested about 100 million kuna in this project with the aim of making the new Makarska Apfel Arena not only a place…
Saturday, 15 October 2022

Croatian Restaurant Chain Koykan Hopes to Conquer Germany, Austria

October the 15th, 2022 - The Croatian restaurant chain Koykan, known for its so-called ''fast-casual'' style, is set to spread to the German and Austrian markets following a new investment round. As Poslovni Dnevnik writes, on Wednesday this week, the Croatian restaurant chain Koykan presented its expansion plans for the wider European Union (EU) market to investors, which includes the opening of as many as fifty franchise restaurants in Germany and Austria by the tear 2025. The Croatian chain Koykan is otherwise quite the unique restaurant concept that offers a wide range range of street food dishes and international cuisine in…
Friday, 14 October 2022

Croatian Entrepreneurs Ready to Fight Growing Crisis

Zagreb, October 13, 2022 (GIA) – The growing crisis should be used as an opportunity! The speakers of the Entrepreneurial Mindset conference, the fourth edition of which was held in Zagreb's Lauba, had the subtitle Unbreakable. More than 20 extremely successful entrepreneurs from various fields, from IT to education and the hotel industry to show business, shared their vision of success in challenging times with 500 entrepreneurs, businessmen, and young people. The conference was organized by the media platform Poduzetnik in cooperation with program partner EY Croatia and Algebra. While the world fears the extent of the new crisis, entrepreneurs…
Friday, 14 October 2022

Looking for a Job in Croatia? This Week's Top 10 from Posao.hr (October 14, 2022)

October 14, 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…
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