Business

ZAGREB, April 5, 2020 - The SSSH trade union federation suggested on Sunday that companies that had fired workers due to the corona crisis should be entitled to job retention subsidies provided that they hired the same workers on a permanent basis. The SSSH recalls that it has recently called on employers not to panic and hastily dismiss workers, urging them to show patience, social responsibility and dialogue. Following the latest set of measures proposed by the government to prop up businesses and save jobs, the Croatian Employers' Association (HUP) earlier on Sunday welcomed the announcement by the Labour Ministry…

The Croatian Employers' Association's request is set to be granted by the Croatian Government early next week, and now even Croatian companies who have been forced to lay off staff during the ongoing and unprecedented coronavirus crisis will be allowed to access support from the government. As Novac writes on the 5th of April, 2020, the Croatian Employers' Association (HUP) welcomes the announcement from the Ministry of Labour that at the CES Governing Council session on Monday, their request for all Croatian companies who were forced to lay off workers and/or close their companies to be able to access support…

As Nikola Patkovic/Novac writes on the 3rd of April, 2020, in order to counteract the negative economic consequences of the ongoing coronavirus crisis, the City of Osijek has prepared a package of economic measures to assist Osijek's entrepreneurs who are facing business troubles because of this unprecedented and rapidly changing situation. The package is worth a massive HRK 18 million, and will be decided on by the Osijek City Council at a virtual session scheduled for Tuesday, April the 7th, 2020 ''Over recent weeks, as the new situation caused by the COVID-19 pandemic has continued to unfold, all of our efforts…

With imports and exports affected by the ongoing coronavirus pandemic, the argument for self-sufficiency has never been stronger. Owing to that, Konzum announced that it would cooperate with Croatian producers who usually sell their produce on now closed markets, and allow them to continue selling those products on the popular store's shelves. SPAR, another popular store in Croatia, has done the same. As Poslovni Dnevnik writes on the 4th of April, 2020, SPAR has so far cooperated with sixty new Croatian producers in the field of agriculture, as well as local farmers who are no longer able to sell their products…

ZAGREB, April 5, 2020 - The Croatian authorities will have to borrow HRK 75 billion as consequence of three months of lockdown caused by the coronavirus epidemic, and there is enough money on the market, however, it remains to be seen under what terms and conditions the money can be borrowed, the Večernji List said on Sunday. The Finance Ministry has already taken the first six billion out of 65 billion kuna necessary for the essential functioning of the state in the next three months. Those 65 billion include the repayment of 20 billion kuna of previous debts plus outlays…

Zagreb, April 5, 2020 - The new Croatian entrepreneurial initiative to represent the voice of the private sector, Glas Poduzetnika (Voice of Entrepreneurs) has been formalised.  Following the Initiative members' request, today, we formed the GLAS PODUZETNIKA Association. As a formal representative of 100,000 members, the Association will continue to actively fight for the rights of our members and a faster return to economic growth. The membership will be free of charge, and the Association's activities will be financed from donations. Besides the main Association's bank account, GLAS PODUZETNIKA will open another bank account intended for contributions to health workers,…

April 4, 2020 — Runner, entrepreneur and tourism innovator Berislav Sokač saw the early warning signs when governments called off punishing 24-mile races. “Oh, I knew when things were going to be bad… when the Tokyo Marathon was canceled,” he said. The founder and head of Run Croatia, a platform focused on sports tourism, is used to the pain-gain logic which binds suffering and improvement. He is, after all, one of the country’s most-accomplished runners. But his Zagreb-based business hasn’t encountered a challenge like COVID-19. The ban on public gatherings and large groups put the kibosh on all scheduled events…

ZAGREB, April 4, 2020 - Efficiency and rationality will be crucial in dealing with the fallout of the coronavirus epidemic, given the limited resources that will be available in the time ahead, Finance Minister Zdravko Marić said in a newspaper interview on Saturday. "Efficiency must be the first and basic criterion for all our further actions. A rapid response and adjustment to new situations and business conditions will differentiate those who are successful from those less successful, not just in the enterprise sector but in the public sector as well," Marić told Vecernji List. He said that the present crisis…

 April 4, 2020 - Members of the Glas Poduzetnika (Voice of Entrepreneurs) Association give their verdict on Minister of Economy Darko Horvat after the latest economic measures were announced. Last week’s poll about public perception of minister Horvat, made after the first set of inadequate and inefficient measures, has shown worrying results and perception in the private sector. Following that, there were rumours of relieving the minister of his position. The reaction was pretty quick, and new, much more thought out measures were taken, similar to what the GP Initiative suggested. After that, we repeated the public poll about the…

Zagreb, April 4, 2020 - At the request of GLAS PODUZETNIKA Initiative members, the Association GLAS PODUZETNIKA has been founded today. It will as the formal representative of its members - entrepreneurs, artisans, self-employed and private sector employees - continue the active fight not only for the rights of its members but for a better and more modern Croatia. GLAS PODUZETNIKA Initiative was started spontaneously a little over 2 weeks ago by citizens, all small entrepreneurs after the Government announced its first economic measure package. It was deemed inadequate by the Initiative founders. The initiative has, in less than 15 days,…