Business

Vukovar-Srijem County presented development projects, which stretch from nutrition all the way to geothermal sources. On Thursday in Vukovar, a themed conference saw the presentation of the development projects of that particular Eastern Croatian county. As Marta Duic/Poslovni Dnevnik writes on the 5th of January, 2020, on this occasion, ten strategic development projects worth a massive 1.7 billion kuna were allocated. The director of the Development Agency of Vukovar-Srijem County, Ilija Cota, singled out five irrigation projects, two of which are underway as part of an effort to raise farms for the production of multi-yield crops and to move away from…

ZAGREB, January 5, 2020 - For the northern Croatian town of Koprivnica, 2019 was a very successful year, marked by numerous activities launched by the local authorities and businesses as well as by numerous awards, the Večernji List daily of Sunday reports. A continental town, last year Koprivnica won two tourism awards - one by the Vecernji List daily, which named it the best continental destination, and one by the Croatian Tourism Board, the Tourism Ministry and the Croatian Chamber of Economy, which declared its Renaissance Festival, the best known local event, the Tourist Event of the Year. In the…

The Zagreb-based technology firm Serengeti is focusing on developing its business west, not east. As Poslovni Dnevnik/Bernard Ivezic writes on the 5th of January, 2020, the first Croatian software company, which the dominant, Indian outsourcing model turned upside down and made emerge as the third fastest growing technology company in Central Europe has maintained its impressive high growth rates. Zagreb's Serengeti, which employed 80 software professionals back in 2018, will conclude this year with more than 170 employees, 140 of them are in development alone, with revenue expected to grow by as much as 50 percent. According to Fina, Serengeti…

ZAGREB, January 5, 2020 - A meeting was held in Mursko Središće on Saturday on transport investment aimed at relieving traffic through Croatia's northernmost border town, attended by Croatia's foreign and economy ministers, the mayor and the heads of neighbouring Slovenian and Hungarian municipalities. The meeting focused on the construction of a bypass and a bridge across the Mura river, which requires the construction of a junction in Slovenia. Foreign Minister Gordan Grlić Radman said the meeting was an "excellent example which fits into the priorities of a Europe that connects." "The bypass in Croatia's northernmost town will resolve citizens'…

January 4, 2020 - TCN attended the International Medical Travel Journal 2019 conference, during which we caught up with TEMOS co-host CEO Claudia Mika to talk about medical tourism accreditation, the accreditation awarded to Bagatin Clinic, and Croatia. Tell us firstly about TEMOS and the accreditation you offer. TEMOS International Healthcare Accreditation is an international accreditation body located in Germany in Cologne, with 14 international offices worldwide. It started ten years ago as a scientific research project. I was working for a government research organisation and there was a funded government project together with insurance companies and assistance companies to…

ZAGREB, January 4, 2020 - The real estate market, at least judging by asking prices, is returning to the pre-crisis levels, with increases in both the volume of trading and number of transactions, Večernji List daily says in Saturday's issue. The Zagreb Institute of Economics and the Construction Ministry have published the second edition of the real estate market review for 2018 which shows there were 104,000 real estate sales and that the value of the properties sold totalled 32 billion kuna, which is 8.4% of Croatia's GDP, the daily says. The sale of farmland dominated with nearly 40,000 transactions…

ZAGREB, January 4, 2020 - Ljubljana District Court delivered on December 31 a decision in the case of the expropriation of Mercator shares owned by Agrokor and sent the decision to Slovenian Competition Protection Agency (AVK), however, the Court hasn't revealed its decision, and the agency says they haven't received the decision yet, reports Slovenia's press agency (STA). "The Agrokor-Mercator case was decided within 48 hours and the case file was returned to the Competition Protection Agency," said the Court to STA. The Court wasn't able to provide more information since they don't know if the decision has been delivered…

ZAGREB, January 3, 2020 - The European Commission approved on Friday an investment from the Cohesion Fund worth more than 128 million euro to modernize the water and sewerage infrastructure of the Split-Solin agglomeration. The project will provide four thousand people with high-quality drinking water and 25,000 inhabitants with sewerage service. Water is one of our most valuable resources, but not everyone has equal access to drinking water. Thanks to this EU investment Croatian citizens will be able to use water sources more effectively, guaranteeing high-quality drinking water and cleaner waste water, which will ultimately lead to less sea and…

ZAGREB, January 3, 2020 - By the end of 2019, more than 91% of legal entities or 155,000 were registered in the Register of Beneficial Ownership and those who did not register will have to explain why they didn't, Finance Minister Zdravko Marić said on Friday. He said that the purpose of the register is to create a database of beneficial ownership, which does not necessarily mean only business entities. Unlike court registers the beneficial ownership register is a lot more detailed and contains associations, foundations and a range of other institutions. "The end of the year was the deadline…

The spaces in Virovitica-Podravina County, more specifically in Orahovica, Pitomača and Slatina, all of which will be business incubators, are worth a massive 27 million kuna, of which the European Union is supplying a non-refundable 20 million kuna. As Poslovni Dnevnik/Marta Duic writes on the 2nd of January, 2020, at the beginning of the week, the remaining two business incubators were opened in Orahovica and Pitomača, which is part of the praiseworthy Virovitica-Podravina County Business Incubator Network project. In addition to the business incubator located in Slatina, these business incubators are part of a project worth 27 million kuna, for…