Business

ZAGREB, 29 August, 2022 - The freezing of HRK 813 million in the case involving the resale of the INA company's gas is the biggest one in the history of the Anti-Money Laundering Office, which was first informed of possible wrongdoing by banks, office director Ante Biluš said on Monday. He told the press the amount was frozen in 16 accounts in eight commercial banks and in six open-end investment funds, adding that real estate was frozen too. If the courts find the money was gained illegally, it will be possible to return it, he said. Everything started with notifications from "more than one bank" and the money was…

ZAGREB, 29 August, 2022 - One month's detention has been set for five persons arrested for wrongdoing with natural gas whom the USKOK anti-corruption office suspects of conspiracy, abuse of trust in doing businesses, aiding and abetting in that crime, and money laundering, the Zagreb County Court said on Sunday. In an operation that USKOK and the police launched on Saturday, investigators suspect Damir Škugor, an executive in the INA energy company, Josip Šurjak, president of the Croatian Bar Association, Šurjak's business partner Goran Husić, with whom Šurjak co-owns the OMS Upravljanje company, Škugor's father Dane, and Marija Ratkić, Management Board…

ZAGREB, 29 August, 2022 - Economy Minister Davor Filipović said on Monday he would request an extraordinary audit of the INA energy company's gas business in 2020, 2021, and part of this year. He was speaking to the press ahead of a meeting he convened with INA's management at which, he said, he would ask for detailed explanations of the latest events. In an operation launched on Saturday by the USKOK anti-corruption office and the police, five persons were arrested on suspicion of wrongdoing with INA's natural gas, which was sold below the market price. Allegedly, the company has been defrauded…

August 27, 2022 - Looking for a job in Croatia? A new weekly feature on TCN, in partnership with leading job site agency, Posao.hr, who present a selection of weekly job listings. How hard is it to find a job in Croatia, and what is on offer? We spoke to Ines Bokan, director of leading jobs site Posao.hr, who kindly took the time for this excellent interview overview.   Ines has kindly agreed to work with us on a new weekly feature on TCN - a weekly selection of 10 job listings, as chosen by Posao.hr.  Details and links to the…

ZAGREB, 27 Aug (Hina) - Investigators have frozen assets worth more than HRK 800 million belonging to five persons arrested on Saturday on suspicion of wrongdoing in gas trading and money laundering, while the damage they are believed to have caused to the INA oil company is estimated at more than HRK 800 million. The operation, launched early on Saturday morning by the USKOK anti-corruption office and police, targeted Damir Škugor, an executive in INA, Josip Šurjak, president of the Croatian Bar Association, Šurjak's business partner Goran Husić, with whom Šurjak owns the OMS Upravljanje company, Škugor's father, and Marija Ratkić, management board chair…

August the 27th, 2022 - Komiza on the beautiful Dalmatian island of Vis is set to get a brand new five star hotel complex as part of a large 52 million euro investment. As Poslovni Dnevnik/Marija Crnjak writes, the entry of Marriott's lifestyle brand Autograph into Hotel Bisevo has now been officially signed off. As was announced by the company Modra spilja on the Zagreb Stock Exchange on Thursday, the members of the company's management, following the approval of the general assembly and the supervisory board, have now signed the License Agreement for the Autograph Collection hotel brand, under which the…

ZAGREB, 26 August, 2022 - Croatia's economy grew at a rate of 7.7% in the second quarter of this year, compared to the corresponding period in 2021, and the rate accelerated after 7.0% in Q1, according to the first estimates released by the national statistical office (DZS) on Friday. This is the fifth quarter in a row for Croatia's GDP to rebound since the corona crisis, which shows the country's strong recovery from that crisis. Strong growth in the April-June 2022 period is based on the rise in almost all the components of GDP. "Household consumption increased in real terms…

August the 26th, 2022 - The highly successful Croatian franchise Carwiz is set to expand to the markets of Kosovo and Slovakia as it continues its spread across the globe. As Poslovni Dnevnik/Darko Bicak writes, one of the most successful Croatian franchises, the rent-a-car company Carwiz, is continuing its expansion on the global market, and new partners are coming from Slovakia and Kosovo. As explained by the Zagreb-based company, after the signing of the contract with the aforementioned two new partners, new Carwiz offices are expected to be opened in these countries, namely at Pristina Airport and Gnjilan, and in…

August the 26th, 2022 - The Ukrainian IT company Eleks has now opened its brand new Split office, exactly half a year after the beginning of Putin's Russia's horrific and unjustified aggression against Ukraine. As Poslovni Dnevnik/Marija Brnic writes, the Ukrainian IT company Eleks is a global software engineering company with around 2,500 employees based across Europe and the USA, which, even before the attack on their homeland, began to expand and chose Croatia as one of its locations in Europe. At the beginning of the year, more precisely at the end of January, it was registered as a company in the…

August the 26th, 2022 - The Virovitica IT company Factory has been going from success to success of late, now wanting to be listed among the top five global companies in one particular segment. As Poslovni Dnevnik/Josipa Ban writes, the Virovitica IT company Factory, which recently celebrated its 10th anniversary, has recently announced some rather ambitious plans. They want to be the leader, that is, in the top five companies that develop solutions based on Pimcore technology in the world. Ivica Horvat, one of the owners and director of Factory, discussed the topic. Their plans, he says, are very realistic because…