Business

Friday, 25 September 2020

Remington Realty Croatia: Luxury Property Agent Opens Croatian Office

September the 25th, 2020 - The Republic of Croatia is far from short on the luxury real estate front, and with many jaw dropping properties dotted along the sparkling coastline from the extreme south of Dubrovnik all the way up to Istria, it's no surprise that one of the world's leading real estate brokers, Christie's International Real Estate, is expanding its business to Croatia through the associated company Remington Realty Croatia. Croatian properties interest foreign buyers and of that there can be little doubt, with more and more purchases being made annually by foreigners wanting a slice of the unbeatable Croatian…
Friday, 25 September 2020

Croatian Telecom Wins Title of Best Croatian Mobile Network Again

As Poslovni Dnevnik writes on the 24th of September, 2020, a large independent analysis conducted by the international technology company Umlaut is the latest confirmation that Croatian Telecom is the best Croatian mobile network. Until now, Umlaut was known on the Croatian market as P3. "Best in Test" as the highest recognition and the highest "Best Rated Broadband Coverage" rating confirm the leading position of Croatian Telecom on the market. Detailed analysis of user measurement data is based on 44.5 million samples collected by 14.2 thousand users in 98.2 percent of the inhabited area of ​​Croatia, or 97.4 percent of…
Thursday, 24 September 2020

Higher Interest in Croatia among Foreign Investors, Conference Hears

ZAGREB, Sept 24, 2020 - There is a markedly higher interest in Croatia among foreign investors, partly owing to EU membership and partly to the business transactions of recent years, Daniel Radic of the KPMG consulting firm said on Thursday at the ''Investing in Times of Uncertainty'' conference. Companies from the Agrokor system have also put Croatia on the investors' map, he said, adding that he did not see the COVID-19 pandemic as having affected investor confidence. The conference was organised by the Enterprise Investors fund and the American Chamber of Commerce in Croatia. Enterprise Investors has been continuously looking for new…
Thursday, 24 September 2020

Croatian-Spanish Economic Forum: Spanish Companies Seek Croatian Partners

As Novac writes on the 23rd of September, 2020, the focus of the Croatian-Spanish Economic Forum, organised by the Croatian Chamber of Commerce and the Embassy of the Kingdom of Spain in the Republic of Croatia on September the 30th, will present opportunities for cooperation in the field of renewable energy sources. Although Croatia's share of renewable energy sources in total consumption exceeds the EU target of 20 percent by the end of 2020, the potential isn't even close to being used. The Spanish market is large and requires all company profiles, from aluminum and steel manufacturers, through contractors to…
Thursday, 24 September 2020

2019 Was Fantastic Year for Domestic Economy, Does 2020 Offer a Lesson?

As Poslovni Dnevnik/Suzana Varosanec writes on the 23rd of September, 2020, the domestic economy achieved great results in 2019 - growth in income, profits, investments, employees, wages, all these are indicators of its strength until the outbreak of the current coronavirus pandemic, which creates pressure and additional challenges to overcome this truly unprecedented crisis. Expectations for next year speak of growth for the domestic economy, but it won't be enough to compensate for this year's concerning decline. The crisis is, in addition to its devastation, perhaps a much needed chance to reform the domestic economy. This is part of the…
Wednesday, 23 September 2020

Coric: JANAF Should Continue Its Successful Business Path

ZAGREB, Sept 23, 2020 - Economy and Sustainable Development Minister Tomislav Coric said on Wednesday that the government would propose an interim CEO to the JANAF supervisory board at tomorrow's session, noting that this state-run oil pipeline operator should continue its successful business path. "JANAF should continue doing business, it should continue its successful business path. JANAF ended 2018 and 2019 with good business results. ... The government, as the majority owner, will propose to the supervisory board that an interim CEO, an acting director, be appointed, and in the coming period that advertisement for JANAF CEO position for a period of…
Wednesday, 23 September 2020

Croatia Filming Locations Are Best Again As Succession Bags 7 Emmys

September 23, 2020 – Following incredible success with Game Of Thrones, Mamma Mia and others, Croatia filming locations prove to be the best again as HBO's Succession wins 7 Emmys Historic Dubrovnik was always pretty enough to attract people from far and wide. Dubrovnik has a lot of sights to visit. In addition, it offers many activities such as hiking, cycling, sailing, boat ride, Seabob experience etc. But, following its appearance in TV show Game Of Thrones, interest in visiting the walled city went through the roof. Tourists were not the only ones who wanted to come. HBO drama Succession…
Wednesday, 23 September 2020

Croatian Uniline Agency Turns to New Business Model for 2021 Season

As Poslovni Dnevnik/Marija Crnjak writes on the 22nd of September, 2020, the Croatian Uniline agency will take care of the reception and departure of guests, deal with the complete care for the preparation and maintenance of rented property, as well as the entire rental process, including photography and advertising. The Croatian Uniline agency is throwing itself into a new business model, from next season onward it will provide services which will involve the total management of accommodation facilities in the private accommodation sector. As explained in a recent announcement by the agency, from next season, the owners of holiday homes…
Wednesday, 23 September 2020

Generation NOW: Croatian Telecom Invests in Education for Future Jobs

As Poslovni Dnevnik writes on the 22nd of September, 2020, this year, Croatian Telecom/Hrvatski Telekom has been providing financial support to educational institutions and donating equipment for the development of creative STEM projects, and the Institute for Youth Development and Innovation has been provided with comprehensive professional support. Meet Generation NOW. Croatian Telecom is continuing to invest in future STEM experts and recently opened applications for the new Generation NOW donation tender. Through this year's donation tender, the company is investing 700,000 kuna in the development of the STEM area in the Republic of Croatia and continuing on with its…
Wednesday, 23 September 2020

Croatia Could Become Centre for Sports Car Development and Production

As Poslovni Dnevnik/Darko Bicak writes on the 22nd of September, 2020, although much more water will flow under the Sava's bridges before electric cars in this area become something normal and in mass use, progress is still visible almost on a monthly basis. Could Croatia become a global centre for sports car development and production? The first commercial electric cars appeared about 10 years ago, and only a few years later in Croatia began subsidies for their purchase with a hefty amount of up to 10 thousand euros per car, making the country among the most generous in the EU.…
Tuesday, 22 September 2020

FINA Gives Golden Balance Awards to Best Enterprises in 2019

ZAGREB, September 22, 2020 - The Dubrovnik-based Improtanne Resort hotel company was given two Financial Agency (FINA) Golden Balance awards on Tuesday - for the most financially successful business according to financial ratings and for the most successful business in the hospitality sector in 2019. Since 2008, FINA has been giving the annual awards to best businesses in several fields according the criteria of their profitability, liquidity, debts, activities and cost efficiency. Of the 136,260 businesses which submitted financial statements, FINA shortlisted 2.9%, or 4,008 businesses: 178 micro-enterprises, 2,582 small enterprise, 1,005 medium-sized enterprises and 243 big companies.  For instance, the Rijeka-based…

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