Business

As Poslovni Dnevnik writes on the 20th of December, 2019, Croatian Post (Hrvatska pošta) has introduced autonomous pallet transport robots made by the Croatian company Gideon Brothers to their workforce in their brand new sorting centre, thereby strongly supporting the development of core business as the most important determinant of the Post 2022 Strategy, which links machines, people, products and business systems. Robotic systems reduce overall service costs, shorten service cycle times and increase the efficiency of energy systems. Robots do not replace humans in the workforce, but they act as their efficient tool and help them to achieve goals…

December 20, 2019 - The third Adria Business Network was organized at the Bagatin Clinic and hosted by entrepreneurs Željka Barišić and Kristina Krstinić. The primary goal of this event was to donate a portion of the ticket sales to the blind and partially sighted residents of the "Vinko Bek" Center for Education in Zagreb. Director of Bagatin Clinic and guest lecturer Ognjen Bagatin, revealed:  “The third Adria Business Network business event was held on December 18, 2019, with us in the educational area of the Bagatin Clinic, where, in a holiday atmosphere, I was pleased to welcome many people…

ZAGREB, December 20, 2019 - A ceremony was held in Zagreb on Thursday to mark the start of construction work on a combined co-generation unit at the Zagreb KKE EL-TO combined power and heating plant, an investment worth 900 million kuna (approx. 121 million kuna). The new, high-efficiency block, with a capacity of 150 megawatts of electricity and 114 megawatts of heating energy is the single biggest investment of the state-owned HEP power company in new production facilities in the last 10 years, it was said at the ceremony, which was attended, among others, by Prime Minister Andrej Plenković and…

As Sasa Paparella/Poslovni Dnevnik writes on the 19th of December, 2019, the Zagreb-based air company Jung Sky, which generated an impressive 35 million kuna last year and currently employs 28 people, expects to open up opportunities on new markets in the coming years, as well as a new segment in its traditional clientele. Zagreb's Jung Sky, a privately owned airline that earns more than 90 percent of its revenue from almost exclusively foreign clientele, has celebrated its first ten years in business. In line with Jung Sky's anniversary celebration, the company announced an important piece of news in regard to…

ZAGREB, December 19, 2019 - The Metal Workers' Union (SMH) and the Alliance of Autonomous Trade Unions (SSSH) warned on Thursday that the situation at the Đuro Đaković mechanical engineering group was alarming, demanding an urgent meeting with the government to set a date for the appointment of a new management board and to restart production. "We demand that Prime Minister Andrej Plenković receive representatives of the workers of the Đuro Đaković Group and trade unions not to discuss promises but specific dates and solutions," SSSH leader Mladen Novosel told a press conference. Novosel expressed fear that the situation in…

ZAGREB, December 18, 2019 - The European Commission on Tuesday recommended a detailed analysis be conducted next year of possible macroeconomic imbalances in 13 member states, including Croatia. After its meeting in Strasbourg, the Commission released the Annual Growth Survey, the Alert Mechanism Report and the Single Market Scoreboard, marking the new cycle of the European Semester, a mechanism for the coordination of economic policies within the Union. The Single Market Scoreboard was included in the European Semester cycle for the first time. The Alert Mechanism Report, which serves as a tool to detect any macroeconomic imbalances, says that 13…

As Poslovni Dnevnik writes on the 17th of December, 2019, so far, five bids have arrived to Croatian Roads (Hrvatske ceste) for the construction of the state road D-403 in Rijeka, according to a report from Novi list. Bids for the construction of the most expensive piece of road in the Republic of Croatia were opened on Monday morning by the company Croatian Roads, with the consortium consisting of Slovenia's Kolektor, GP Krk and Sarajevo's Euroasfalt, in the amount of 456.35 million kuna excluding VAT, or 570.44 million kuna with the VAT being the most financially favourable offer of all…

ZAGREB, December 17, 2019 - Flat purchase usually requires more financial effort than the purchase of a house of the same area, including the yard, and in November the difference in their advertised prices was an average 21.5%, show data published by the Crozilla.com real estate website on Tuesday. The increase in flat prices has resulted in an increase in demand for houses in many towns, which in turn has resulted in an increase in house prices, with the highest annual growth in the value of houses of 9.5% having been recorded in Split, and the highest increase in flat prices…

ZAGREB, December 17, 2019 - The Zagreb County Court on Tuesday upheld the first indictment against the former owner of the Agrokor food and retail concern, Ivica Todorić, former Agrokor managers Ante Huljev and Piruška Canjuga, and Austrian national Nicole de Rossi. The prosecution alleges that Todorić, as Agrokor Management Board chair, and Huljev, as the company's executive director of finance, in 2013 abused their powers by enabling the payment of 1.25 million euro of the company's money to a Swiss company for fictitious consulting services. Through this operation the Swiss company obtained illegal gain while Agrokor was defrauded of…

ZAGREB, December 17, 2019 - According to new European Union rules on cross-border payments, which went into force on Monday, fees for cross-border payments in euro in non-eurozone countries will be the same as fees charged for domestic transactions. "These rules will allow all our citizens and companies to equally benefit from cheap cross-border euro payments. This is a positive and concrete example of how the Single Market can bring real benefits to European consumers," European Commission Executive Vice-President Valdis Dombrovskis said. "For instance, a family in Romania that wants to send money in euro to their child doing an…