Business

Thursday, 13 February 2020

Former Croatian Politicians as Entrepreneurs: Some Failures, Some Successes

They thought they knew how to run a country, and they couldn't even run their own companies... Slobodna Dalmacija has compiled an interesting list of Croatian politicians who failed as entrepreneurs, with some exceptions... As Poslovni Dnevnik writes on the 12th of February, 2020, Nikica Valentic is considered one of the most successful Croatian prime ministers, as Anita Belak Krile writes for Slobodna Dalmacija. He led the Croatian Government through some difficult times, inflation was halted during his mandate and the kuna was introduced, the Croatian Armed Forces was put into action for liberation operations, and 650,000 refugees and displaced…
Wednesday, 12 February 2020

New Infobip Campus will be Built as Part of IT Park in Sarajevo, BiH

As Poslovni Dnevnik/Bernard Ivezic writes on the 12th of February, 2020, Croatia's highly successful Infobip has started the construction of its third campus in Sarajevo, Bosnia and Herzegovina, which, according to initial announcements, will be larger than the one in Vodnjan and will gain on the largest, which is being built in Zagreb. The leading Croatian software company has purchased four building lots covering a total area of ​​4230 square metres at the location of Šip. The value of the contract is 503,000 BAM, which is approximately HRK 1.9 million. Although the price of construction land in Bosnia and Herzegovina…
Wednesday, 12 February 2020

Croatian Startup Omoguru Helps Dyslexics Read and Improve Their Reading Skills

February 12, 2020 - Today, Croatian startup Omoguru, a company that improves dyslexics reading skills, announces that it aims to help improve reading skills for over 130 million dyslexics in Croatian, English, Spanish and German language. Based on research over the last couple of years, Omoguru dyslexia-friendly tools are now ready to help English-speaking dyslexics.  There are solutions for dyslexics, especially in the segment of text-to-speech apps. But to improve reading skills you actually need to read. Since reading is quite tiring, the main premise of the app is to make it easier to read. Omoguru improves readability and provides a…
Wednesday, 12 February 2020

Zagreb's Jarun Bridge in Focus Once Again - Project Worth 40 Million Kuna

As Poslovni Dnevnik/VL/Petra Balija writes on the 11th of February, 2020, the Jarun bridge is once again in focus, and in one of the drawers of Zagreb's city government, a projection has been gathering dust since way back in 2007. The documentation wad done by the late Jure Radic and his associates, and his work was selected in a public tender among ten applicants. On numerous occasions, the Jarun bridge's construction was announced but nothing ever came of it, much like many projects in Croatia. Over time, the citizens of Zagreb began referring to it as a phantom project, which…
Tuesday, 11 February 2020

German-Croatian Economic Forum: Workers Can't Be Our Export Product

Fifteen Croatian companies will be being presented to German partners at the German-Croatian Economic Forum which kicked off on Monday. When one thinks of Germany from the perspective of Croatia, one likely imagines little other than a fatter wage packet every month, better working conditions and a distinct lack of uhljebs. A strong, highly developed economy and a level of efficiency the world over envies are just some of the advantages life in Germany can provide. Germany has always been a favourite ''destination'' for Croats looking for better pay, better lives and a significant cash injection to their pension pots,…
Tuesday, 11 February 2020

Mali Losinj: First HoReCa Centre on Cres-Losinj Archipelago Opens

As Poslovni Dnevnik writes on the 10th of February, 2020, Jadranka trgovina (trade), one of the leading trading houses on the Kvarner islands, has opened the first HoReCa centre on the islands of Cres and Losinj. The newly opened HoReCa centre is located within the Maxi Market in Mali Losinj, and is significant for manufacturers, suppliers and customers involved in the tourism and hospitality industry. Particular attention is being paid to items for private renters, with over four thousand products now readily at their disposal. "The opening of the first HoReCa centre in the Cres-Losinj archipelago is of great importance for…
Monday, 10 February 2020

Winemakers Need Stronger Government Support

ZAGREB, February 10, 2020 - The Wine Act has ensured a key role for winemakers and their regional organisations in branding and protecting their wines, but wine promotion needs stronger government support, the vice-president of the Croatian Chamber of Commerce (HGK) for agriculture and tourism, Dragan Kovačević, said on Monday. Kovačević was speaking at En Primeur, a tasting of young Istrian Malvazija wines at Zagreb's Hotel Esplanade. The event was organised by the Vinistra association. Kovačević said that Austria allocated over €8 million annually for the promotion of its wines and that Croatia should do the same according to its…
Monday, 10 February 2020

EC Scraps Plan for Small Pelagic Fish Quota; MEP Tomašić's Victory?

ZAGREB, February 10, 2020 - The European Commission has decided to withdraw its draft measure that should have introduced quotas for small pelagic fish in the Adriatic Sea, and some of the credit for that goes to MEP Ruža Tomašić, the Zagreb-based daily Večernji List reported on Monday. Ruža Tomašić was the European Parliament's rapporteur for that matter in 2017 when she pushed for a report with draft amendments she sponsored which eventually changed the European Commission's initial plan. The new European Commission led by President Ursula von der Leyen has recently decided to withdraw the draft regulation about the…
Monday, 10 February 2020

Outgoing President Rings Stock Exchange Bell in Frankfurt

ZAGREB, February 10, 2020 - Croatian President Kolinda Grabar-Kitarović on Monday visited the Frankfurt Stock Exchange and signalled the start of the business day by ringing the traditional bell. President Grabar-Kitarović arrived in Frankfurt to open the German-Croatian business forum, which was organised as part of the events marking the Croatian presidency of the Council of the European Union in the first half of 2020. Addressing the forum, the president said she hoped that her presence at the opening of the working day of the Frankfurt Stock Exchange and at the Croatian-German forum would help further strengthen the two countries'…
Monday, 10 February 2020

Young Croat Owns Three Companies at Just Nineteen Years Old

This remarkable young Croat plays this ''role'' so well that he is also the winner of the Inspire 2030 Award for the Most Influential Young Entrepreneur Under 30. As Poslovni Dnevnik writes on the 10th of February, 2020, Nikola Zec is just nineteen years old, a second-year student at the Faculty of Economics at the University of Rijeka, and he already owns three companies. Although it sounds incredible, especially for Croatia, for this young Croat, life in which he plays the roles of both student and business man is a common daily routine. Moreover, Nikola Zec has two years of…
Friday, 7 February 2020

Croatian Shipping Company and Slovenian Iskra Join Forces

As Novac/Jozo Vrdoljak/Privredni.hr writes on the 7th of February, 2020, the Croatian shipping company Zadar Tankerska plovidba and the Slovenian company Iskra have jointly taken over the Dubrovnik shipping company GV Line and together they're set to enter the market of regular coastal transport. They believe that this is a challenging but still financially viable business model for both companies involved. The contract on transferring business interests from the previous owner Lenko Garbin was signed on the 4th of February, 2020, in Zadar. The G&V line company owns the Nonna Anna catamaran that maintains the state line of Lastovo-Korcula-Mljet-Sipan-Dubrovnik and…

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