Business

Tuesday, 20 October 2020

As Coronavirus Measures Bite, Croatian Hospitality Sector Worries Intensify

October the 20th, 2020 - More measures have been introduced across the country in an attempt to further curb the infection rate which has risen to record numbers over recent days. As a result, the Croatian hospitality sector is growing ever more concerned about what that means for business and revenue - or indeed a lack of both. As Poslovni Dnevnik writes on the 19th of October, 2020, it has now been a week since the introduction of new epidemiological measures in Croatia. The drop in traffic in cafes and restaurants is steadily increasing, and attendance in some places is…
Monday, 19 October 2020

3.4 Billion Kuna Investment Marks HEP's Largest Project in Modern Croatia

As Poslovni Dnevnik writes on the 18th of October, 2020, the realisation of two megaprojects has started in Lika - the Kosinj hydropower system and the Senj 2 hydroelectric power plant have now begun, and this enormous investment from HEP is worth 3.4 billion kuna, the largest undertaken by HEP in the history of modern Croatia, as Vecernji list reports. This year, Hrvatska elektroprivreda launched the implementation of the second phase of the Senj hydropower system, which consists of two segments; the construction of the Kosinj Hydropower System and the Senj 2 Hydropower Plant, with a total capacity of 412 MW. HEP's…
Sunday, 18 October 2020

Croatian Wine Envelope Funds for 2020 Almost Used Completely

As Morski writes on the 17th of October, 2020, as of October the 15th, 2020, another "wine" financial year ended. Out of the total available 10.8 million euros for 2020 within the National Wine Aid Programme, the Agency for Payments in Agriculture, Fisheries and Rural Development paid out 10.1 million euros to Croatian winemakers, which means that the percentage of Croatian wine envelope utilisation is higher than ever before, standing at almost 94 percent, reports the Ministry of Agriculture. From the first programming period until now, the coverage has been expanded, ie the number of measures available to users of…
Saturday, 17 October 2020

Entrepreneur Ivan Baran Begins Go Karting Business Near Soderica Lake

As Poslovni Dnevnik/Sergej Novosel Vuckovic writes on the 16th of October, 2020, after six years, Koprivnica entrepreneur Ivan Baran, former multiple state champion in go karting, winner of the Croatian and Slovenian Cup, Croatian automotive champion in the Fabia Cup, and fourth in the Clio Cup Alpe Adria, has reached the finish line - in business, that is. Ivan Baran from Koprivnica successfully started a new business phase. Last Saturday, Ivan Baran (37) opened the Box707 karting track next to Lake Soderica in the Drnje municipality, near Koprivnica, where he offers adrenaline-pumping rides not only to those who decide to…
Friday, 16 October 2020

Students from Sisak Technical School Created a Solar Tree for INA's Gas Station

October 16, 2020 – Students from Sisak Technical School created a solar tree and presented it at INA's gas station in Sisak on Thursday, October 15, 2020. Now, customers and passers-by will be able to charge their mobile devices and tablets. As Hina reports, the project of making this solar tree was financed by Croatian Oil Company (INA) as part of the development of innovative, professional, and communication skills of Sisak Technical School students. By making this device, students promote the possibilities of using renewable energy sources. In addition to the successful acquisition of competencies in this project, the idea…
Friday, 16 October 2020

Gospic: 20 Million Euro Investment to Begin in Lika Region

As Poslovni Dnevnik writes on the 15th of October, 2020, the works on the construction of the cogeneration plant of the company "Energana Gospic 1" in Gospic in the beautiful green Lika region are now nearing completion. This is an investment worth over 20 million euros, and, according to the contractor, all works on the plant should be completed in December, after which a technical inspection should be performed. Nova Energana will employ about thirty workers, and the investor is already looking for employees. "At this moment alone, GEEN is urgently looking for electrical and mechanical engineers who need to…
Friday, 16 October 2020

Istria Seeks Financing of 58 Public Projects Worth 1.8 Billion Kuna

As Novac/Barbara Ban writes on the 15th of October, 2020, Istria is requesting that 58 of its public projects worth 1.8 billion kuna in total be included in the list of countries for funding from the European Fund for Recovery and Resilience. These are projects that are already under implementation, as well as projects that have been prepared and which need sources of funding. There is a bit of everything among these public projects - from building schools, to arranging the Pula breakwater, homes for the elderly and infirm, to investing in the Pula General Hospital and the Martin Horvat…
Friday, 16 October 2020

Croatia Helped Build EU Presidency Multilingual Communication Tool

Croatia's presidency of the EU which was marked by the coronavirus pandemic and economic woes might be over now, but a multilingual communication tool that the country helped to build is far from history. As Poslovni Dnevnik/Marta Duic writes on the 15th of October, 2020, back in June, the CEF project "Translator for the Presidency of the Council of the European Union (EU)" was completed, within which the Faculty of Philosophy in Zagreb, in partnership with the Romanian Academy, the Office of the Finnish Prime Minister and the Latvian technology company Tilde, developed a multilingual communication tool. It is an…
Thursday, 15 October 2020

Souvenir Shop Owners Ask to be Separated from Ordinary Stores

ZAGREB, Oct 15, 2020 - Owners of souvenir shops on Thursday warned at a press conference that because of their speciality they should be separated from retail stores, as that would help them to survive in conditions caused by the coronavirus pandemic. A spokesman for an association of souvenir keepers, Bruno Siroki, said that that activity is treated as pure retail, like shopping centres and food stores, which means that all conditions for retail stores such as trading hours apply to souvenir stores too. According to Siroki, that additionally burdens the status of souvenir stores which have already experienced a dramatic…
Thursday, 15 October 2020

Hospitality Sector Demands Economic Solution from Government

ZAGREB, Oct 15, 2020 - Owners of hospitality businesses respect epidemiologists, COVID-19 response teams and all measures but they demand that they also be respected and that the government find an economic solution to compensate them due to the drop in revenue, the hospitality sector said on Thursday. Representatives of the national association of restaurant and bar owners on Thursday told an extraordinary press conference that owners of hospitality businesses were adversely affected by the new measures that were in place starting this week and that their revenue had already dropped by 70% due to the new measures and they…
Wednesday, 14 October 2020

Croatia FM: Cirkovce-Pince Transmission Line will Help Develop Electricity Market

ZAGREB, Oct 14, 2020 - Croatian Foreign Minister Gordan Grlic Radman said in Kidricevo, Slovenia on Wednesday that the construction of the Cirkovce-Pince transmission line would encourage the further development of the electricity market, thereby helping the EU's economic recovery. Grlic Radman, Slovenian Prime Minister Janez Jansa and Hungarian PM Viktor Orban attended the laying of the cornerstone for the transmission line which will connect the three countries' power systems. "Strengthening infrastructure links in central Europe is beyond question, notably between Croatia, Hungary and Slovenia, three neighboring, friendly states," said Grlic Radman. The Cirkovce-Pince project includes the construction of an 80-kilometer-long…

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