Business

ZAGREB, October 22, 2020 - An agreement on the extension of the port of Baska on the northern Adriatic island of Krk was signed on Thursday. The project is worth HRK 41.1 million, of which HRK 39.7 million will be provided by the EU and the rest by the county port authority. The work will be carried out by the Aqua Mont Service company and will include extending the existing quay and ensuring necessary protection of the waters within the port area and appropriate berths for passenger ships. The deadline for completion of the work is December 2023. The signing ceremony was attended…

As Novac/Gordana Grgas writes on the 21st of October, 2020, Croatian employers have generally voiced their satisfaction with the announced redesigned Government measures, but HUP warns that labour costs are not the only operating costs, business liquidity for many industries is still seriously jeopardised and that a drop in revenue of less than 40 percent could potentially mean business closure for small and medium-sized enterprises. Hrvoje Bujas, president of the Voice of Entrepreneurs (Glas Poduzetnika) Association, therefore says that they welcome the introduction of a different modality of support for the preservation of jobs as well as increasing the possibility…

As Novac/Nikola Patkovic writes on the 21st of October, 2020, milk processing and production in Osijek will not be shut down on December the 31st, 2020. Instead, the Osijek milk factory, currently called Meggle, will start operating in the system of the Fortenova Group on the first day of the new year, under the name of their company Belje Plus, which will buy the Osijek factory. Thus, the crisis, which occurred three months ago when the German Meggle announced that it was ending its production in Osijek and Croatia at the end of this year, will still have a happy…

October 21, 2020 – Croatian company Splendor Tekstil has produced a new innovative product - four-layer masks that stop corona and other viruses, with 99 percent antibacterial and 99 percent antiviral protection. As Jutarnji.hr reports, after being the first in Croatia to mass-produce surgical masks in June, the domestic company Splendor Tekstil continued to do an excellent job. This family company has locations in Klanjec and Sesvete and employs more than 50 people. Otherwise, they produce Gore-tex clothing, special functional professional clothing. In Sesvete they only produce masks – four million of them a month.   Nanotechnology Their new mask…

October the 21st, 2020 - The coronavirus pandemic has caused havoc with the Croatian economy, with many out of work, facing the repayment of debts and foreclosures since the monatorium ceased, and wondering how the pay the bills, the Croatian Government has come out with a new set of Croatian economic measures designed to preserve jobs and help out the enfeebled economy until the end of what has been a truly dreadful 2020. As Poslovni Dnevnik writes on the 20th of October, 2020, at the beginning of the press conference which was held on Tuesday, Prime Minister Andrej Plenkovic made…

October 20, 2020 - Good things are happening just outside Zagreb - Sveta Nedelja best town for the economy for the third year in a row AND 5th best for quality of life. Have you visited? I only visited for the first time last month, but am already planning my return.  A town I thought for a long time was the home of Rimac Automobili and little else.  How wrong I was, as I discovered on that first visit. Learn more in Sveta Nedelja Beyond Rimac: Jobs, Innovation, Nature, Population Growth. In an era of emigration and economic crisis, here is…

October 27, 2020 - Continuing our look at the economic boom town of Sveta Nedelja just outside Zagreb, meet Montelektro, keeping beer production on schedule all over the globe.  I really had no idea what to expect.  A recent invitation to spend a long weekend in Sveta Nedelja, home to Rimac Automobili, as guests of the town was a welcome break for the daily grind, and it included a very full programme on the Friday, visiting some of the successful businesses in the town.  And if I thought that Rimac was the only show in town, I could not have…

ZAGREB, Oct 20, 2020 - The Croatian Chamber of Commerce (HGK) is satisfied with the government's latest measures designed to help the business sector deal with the impact of the coronavirus crisis more easily and it believes they will bring them peace at least until the end of the year. "We are satisfied because the HGK's proposal to introduce gradation in aid depending on the decrease in turnover and define a model for measuring the decrease has been accepted. It takes into account the specificity of every sector as much as possible and the increase in aid for shorter working hours will help…

ZAGREB, Oct 20, 2020 - Prime Minister Andrej Plenkovic on Tuesday announced a new HRK 350 million set of measures designed to help the enterprise sector in the COVID pandemic circumstances until the end of this year. Outlining the new package, the premier told a news conference that the first measure would be about shortening working hours per week, and the second assistance measure would be graded according to a downturn in the volume of business. Our intention is to simplify the procedure and to enable a wider range of employers and businesses in certain sectors to be eligible to use the measures, Plenkovic said while presenting…

As Poslovni Dnevnik writes on the 19th of October, 2020, a brand new store called "3 Kantuna" which belongs to the leading Istrian producer Agrolaguna recently opened its doors at Tresnjevka market in the very heart of the City of Zagreb. This is otherwise the first store in Zagreb of the aforementioned well-known Istrian company that offers a wide range of natural, quality and award-winning wines from Istria, as well as much desired Istrian olive oils and cheeses. In the newly opened retail space, fans of first-class products from the remarkable Croatian region can expect a large selection of Laguna…