Business

As Poslovni Dnevnik/Marta Duic writes on the 9th of November, 2020, in Bacva near Visnjan, the Stefanov family have been producing what has become a famous specialty - white cod, but also various other delicacies produced out of this particular fish. This Croatian cod product has also managed to attract interest from a very rich Western European market - that of Great Britain. The Baccalà della Mamma brand is based on the owner’s mother’s family recipe from the 1980s, and today they have four types of products - Pikantino, Oliveto and Tartufino, which they sell fresh in jars or in…

As Poslovni Dnevnik/Marija Brnic writes on the 9th of November, 2020, even following the implementation of operational and financial consolidation, Borovo still isn't able to independently maintain and finance its current operations, and a new restructuring process is needed. Gordana Odor, president of the Borovo management board, stated this in her financial report for last year, the problems of which most often become a topic in the days when the anniversary of the fall of Vukovar is being marked. Borovo and its privatisation is an extremely sensitive issue for the Croatian Government due to a number of circumstances, from the importance…

November the 10th, 2020 - The coronavirus pandemic has put an enormous amount of business of all kinds on pause, or cancelled it all completely. It's difficult to read a positive business story of late, with the spread of the new virus and government measures making imports, exports and travel of all kinds more and more difficult. Koncar, however, has managed to succeed in the city of Liepaja. Koncar is known throughout Croatia and the country's immediate region for its continued successful business operations in often difficult and unfavourable conditions, and not even the ongoing global pandemic has managed to…

November 9, 2020 – The impact of innovation on regional development was discussed at the WIRE Conference 2020, which was held for the first time online. The Faculty of Economics in Split was a host to the most significant international convention dedicated to innovations and regional development, "Week of Innovative Regions in Europe – WIRE 2020". The main topic at the conference was the impact of innovations on the development of regions, with special reference to opportunities innovations can bring to less developed regions and their significance for recovery of the corona crisis. Source: WIRE Conference 2020 Croatia recognizes the…

ZAGREB, November 9. 2020 - Croatia's Koncar Electric Vehicles company on Monday presented the first of the 12 low-floor trams for the city of Liepaja in Latvia, and the value of the two contracts for those trams is about €18 million. Co-operation started in November 2018, when the first contract for the delivery of six low-floor trams was signed, while the second contract, for six more trams, was signed in August 2020. Eigthy-five percent of the procurement is financed by EU funds. The President of the Managing Board of Koncar Electric Vehicles, Josip Ninic, said that in addition to Koncar Group…

As Poslovni Dnevnik/Ana Blaskovic writes on the 9th of November, 2020, three players remain in the race to purchase Croatia bank, which brings with it a 0.5 percent market share as a dowry and a much more important prize in the form of a regulator's ticket to the Croatian and European Union banking markets. The received offers for Croatia bank are being looked into, two are "very solid", and the final word will be given by the Croatian National Bank, which will assess whether the bidders who have opened the door to enter the market are "fit and proper" enough…

As Poslovni Dnevnik writes on the 8th of November, 2020, in Caporice in the Dalmatian hinterland, 162 million kuna has been contracted for small family farms (OPGs) from European Union (EU) funds. An impressive 1,600 projects worth as much as 61 billion kuna were also designed in the often wrongly overlooked Dalmatian hinterland, HRT reports. As much as 74 million kuna - of which two thirds have been provided from European Union funds - covers the worth of the Competence Centre in the Business and Service Centre of the Caporice Economic Zone located near Trilj. The centre would implement research…

As Novac/Jozo Vrdoljak writes on the 7th of November, 2020, the development of the online platform Go Global - Go Virtual for B2B meetings presented itself as a decent occasion in which to talk with Ivan Barbaric, Vice President of the Croatian Chamber of Commerce for International Affairs and the EU. During the conversation, Ivan Barbaric didn't comment on anything outside the scope of his own work, except on the measures of the Croatian Government in order to try to help the economy during the coronavirus crisis within the framework of EU policies and perspectives. Have the international activities of…

As Novac/Kresimir Zabec writes on the 7th of November, 2020, the ongoing coronavirus pandemic has diverted both the flow and mode of freight transport within Europe as a whole, but also from China to Europe. Before the pandemic struck the world, goods were mostly transported by air and road, but now everything is changing and the movement of goods has been redirected to a greater extent to rail and sea transport. Rijeka Port is doing well out of it. Container transport by rail between China and Europe has greatly increased when compared to last year. Recently, the New Silk Road…

ZAGREB, November 7, 2020 - In 2019, there were 24,592 enterprise births in Croatia, the data on enterprise deaths are still not known, while survival rates was at the levels registered in the previous years, show the temporary data provided by the national statistical office (DZS). The business demography for Croatia show that the enterprises, that were set up in 2019, employed 41,212 people. The ratio of the newborn enterprises to employees show that they had 1.7 workers on average. Broken down by business activity, the largest share of newborn enterprises, 4,119, were from the expert, scientific and technical activities. There were 3,171 newborn…