Business

July 25, 2020 - What is the awareness of the new functioning of the market and the willingness for necessary changes? One of the long-term goals of UGP is the development of entrepreneurial, proactive, and creative culture and mindset. We have identified the various training needs of our members, and with the development of the Association, this will undoubtedly become one of the most significant advantages. Given that we are facing a large-scale crisis in a global context, aside from focusing on short-term measures for the survival of companies, we wanted to turn to the changes that will be required…

The coronavirus pandemic has caused issues in every way imaginable, and the long awaited Peljesac Bridge has been far from immune to the spanners thrown in the works by the virus.  July the 25th, 2020 - The Peljesac Brisge construction site is dominated by Chinese workers, or perhaps it is better to say that that was the case before the coronavirus pandemic swept the world and changed our behaviour to such an extreme degree. The CRBC, which is no less than a Chinese company, is responsible for the carrying out of the works, and with the transport sector hit hard,…

As Poslovni Dnevnik writes on the 23rd of July, 2020, at a recent e-consultation, the proposal of the National Programme for Assistance to the Wine Sector for the period 2019-2023 was published, giving ''birth'' to the so-called wine envelope, which significantly increases funding for crisis distillation and crisis storage measures, which is excellent news for Croatian winemakers. Instead of the originally planned 43 million kuna, the Ministry of Agriculture provided an additional 13 million kuna, so now the total support for the stabilisation of the wine market which will certainly allow Croatian winemakers to breathe a sigh of relief amounts…

As Poslovni Dnevnik writes on the 23rd of July, 2020, as part of the "Take Me Home/Ponesi me doma" campaign, the much loved Croatian ice cream brand Ledo raised more than 750,000 kuna for the Croatian Red Cross "Your gift for the right thing/Vas dar za pravu stvar" humanitarian action intended for the most needy members of the community. The campaign lasted from May the 8th to June the 7th, 2020, and during that period, Ledo donated two kuna from the sale of each Quattro ice cream in a package of 1650 ml. With the collected amount, Ledo will help…

As Poslovni Dnevnik writes on the 23rd of July, 2020, Rimac Automobili has appointed Chris Porritt, former chief engineer at Aston Martin, vice president of engineering at Tesla and head of Apple's special projects group, and chief technology officer (CTO). Chris will report directly to founder and CEO Mate Rimac, with a focus on future projects within the company. Over a career spanning more than three decades, Chris has overseen the development of a range of sports and electric vehicles. During his sixteen years at Aston Martin, he was chief engineer for the limited production of the One-77 and V12…

ZAGREB, July 22, 2020 - Despite a drop in revenues due to the global coronavirus pandemic and economic lockdown, the Kras confectionery group generated a net profit of HRK 13.4 million in the first half of 2020, which is an increase of 15% on the same period of 2019. Revenues reached HRK 453.1 million, down by 2.6% compared with the first half of last year, the company's financial statement showed on Wednesday. Sales revenues fell by 6.6% to HRK 427.3 million, of which HRK 225.7 million was generated on the domestic market and HRK 201.6 million on the foreign markets. Expenditures…

ZAGREB, July 22, 2020 - A total of 98,535 businesses with 558,700 employees applied for job-retention aid for April, for which the government paid HRK 2.2 billion, or 650 million more than for March, according to an analysis presented by the Fininfo company on Wednesday. The amount per employee for March was HRK 3,250 net and HRK 4,000 for April and May each plus contributions. According to the national statistical office, Croatia had 1.528 million persons employed and 159,234 unemployed at the end of May, which means that 37% of all persons employed applied for the job-retention aid. Excluding from the total number of…

ZAGREB, July 22, 2020 - By the end of July HRK 500 million from the treasury will be paid to hospitals to settle their debt to wholesale drug suppliers, it was agreed on Wednesday by representatives of the government and suppliers, who said this payment should keep hospitals supplied with drugs until autumn. Government and wholesale drug suppliers' representatives met at the Health Ministry to continue negotiations on hospitals' debt to suppliers, which exceeds HRK 4.2 billion and which has prompted suppliers to say that they will stop delivering drugs and operating supplies. Although suppliers demanded an urgent payment of HRK 1 billion to make it…

ZAGREB, July 22, 2020 - The Dukat company is willing to buy up milk from Meggle contract farmers, the Zagreb-based company stated on Wednesday after recently Meggle announced that it would shut down its plant in Osijek. Dukat recalls that it cooperates with more than 2,000 small, medium and big milk producers throughout Croatia. "The milk production in Slavonia must not cease," says Dukat.  The decision made by Meggle Croatia prompted Agriculture Minister Marija Vuckovic and local authorities to hold a meeting with Meggle executives on Tuesday. After the meeting, the minister reassured contract farmers in the Osijek area that the buying…

Croatia is a small country that continuously spawns an enormous amount of talent across all fields. From the world of science and medicine to innovation, sport and art, this country has a lot to give. Zagreb experts from one large company with a branch here in Croatia are dipping their toes into the future... As Darko Bicak/Poslovni Dnevnik writes on the 20th of July, 2020, Zagreb experts working for GlobalLogic Croatia, a multinational company in the product engineering segment, are participating in the development of a system for the cars and other vehicles of the future, and recently a prototype…