Business

ZAGREB, June 25, 2020 - Construction and Physical Planning Minister Predrag Stromar said in Varazdin on Thursday that the provision of HRK 203 million for the energy renovation of family houses was one of the most important projects concerning housing and citizens' quality of life. "We have renovated many hospitals, kindergartens, schools and other public buildings and in addition to the socially-subsidised housing construction and housing loans, this is one of the most important projects concerning housing and citizens' quality of life," said Stromar after the continuation of the energy renovation of family houses was announced. Stromar recalled that the last…

One Slavonian company has come up with an innovative idea that turns unwanted plant and animal waste, among other things, into something much more than useful for as many as 12000 households... As Novac writes on the 24th of June, 2020, in Croatia, there are a total of 1230 solar power plants with an installed capacity of 53,434.24 kW and 40 biogas plants with a total installed capacity of 44,722.00 kW, and there are four biogas plants with a total capacity of 5,200.00 kW which aren't yet connected to the grid. When it comes to biogas plants, the basis of…

ZAGREB, June 24, 2020 - The HEMCO company from the eastern town of Djakovo has been awarded an Allied Quality Assurance Publications (AQAP) quality management certificate, which was presented to company officials on Wednesday by Assistant Defence Minister Roman Mikulic. Mikulic said the certificate meant that the company was entering the NATO family and expressed hope it would also be manufacturing equipment for NATO member-countries' forces in the future. "Products of Croatian companies that produce equipment for the Croatian Army are all of top quality. The Defence Ministry and the Croatian Army strongly support the Croatian defense industry because we believe…

ZAGREB, June 23, 2020 - INA has submitted a request to the Ministry of Economy for the Sisak biorefinery project to be awarded strategic investment status, the oil company said in a press release on Tuesday. The investment is worth €250 million, and part of that is expected to be covered from the EU Innovations Funds. INA said that despite the challenging business climate, it is continuing strategic projects and the transformation of the Sisak refinery complex into an industrial centre. One of the activities in Sisak would be to develop a biorefinery thanks to which the company could produce second-generation…

ZAGREB, June 21, 2020 - The Voice of Entrepreneurs association on Sunday criticised the government for unacceptable ommissions in its regulations on further state aid for businesses affected by the coronavirus crisis. The association said destination retail had been included in the government's aid measures for June owing to its insistence, however, state aid referred only to companies with up to ten employees. On the other hand, the measure envisaging shorter working hours refers only to those employers who have more than ten employees, the association said, noting that this way many businesses were discriminated against. It said that the government seemed to be…

ZAGREB, June 19, 2020 - The leader of the Social Democratic Party (SDP) and the centre-left Restart coalition, Davor Bernardic, said on Friday that if elected their government would not tax investment, would abolish the tax on reinvested profit and on wages of up to HRK 5,000, and would cut VAT on tourism and hospitality services to 10%. Presenting the coalition's election candidates for Constituency 10 in Dubrovnik, Bernardic said that only investment could change the structure of the Croatian economy and should therefore be boosted. "The HDZ has imposed tax on investment, which is insane because it put us…

ZAGREB, June 19, 2020 - Minister of Economy, Entrepreneurship and Crafts Darko Horvat said on Friday that Croatia could not allow another lockdown similar to the one in the past three months as there were no financial resources for that nor would the state budget be able to withstand it. "In mid-February when that threat migrated to Croatia I said: Smartly, intelligently and patiently! Certain categories of Croatian society should perhaps be moved away in a slightly different way, intelligently and smartly,  from the threat called coronavirus," Horvat said commenting on the increased number of new cases of COVID-19. He underscored that care needs to be taken especially…

In these turbulent times dominated by the global coronavirus pandemic, it looks as if we'll need to wait until the warmer summer months pass before we know the true state of the Croatian hotel and investment market. As Gordana Grgas/Novac writes on the 18th of June, 2020, for greater security, Valamar Riviera has reduced the capacity of its hotels for this season by 20 percent, they're not thinking of attracting guests by lowering prices but by offering additional services, and after the borders with Austria and Germany are opened, guests no longer have to be quarantined upon returning home. Croatian hotels…

As Zlatko Simic/Novac writes on the 17th of June, 2020, Dalibor Kezele (45) has been working as the director of the agricultural sector in Podravka since the beginning of this year. He was born in Koprivnica and graduated from the Faculty of Economics in Zagreb in 1998. Quite logically so, he got a job at the much loved Croatian company Podravka. After fourteen years of gaining experience in Serbia, Montenegro and the Czech Republic, he returned to Koprivnica in 2017 to take up the position of director of the Food Business Programme, being put in charge of categories such as fruits,…

As Morski writes on the 17th of June, 2020, on Thursday, June the 1th, the Minister of Maritime Affairs, Transport and Infrastructure, Oleg Butković, will participate in the signing of two extremely important contracts worth a massive 554 million kuna in total, which are co-financed by European Union (EU) grants, and which are extremely important for the development of the busy Rijeka Port. These are contracts for the execution of works on the DC403 state road from the Škurinje junction to Rijeka Port and contracts for the execution of the works on deepening the seabed at the Jadranska vrata (Adriatic…