Business

August the 2nd, 2022 - The Croatian AD Plastik company has contracted a job worth a massive 31.2 million euros with the French-Italian enterprise Stellantis, and it isn't the first time it has succeeded in doing so. As Poslovni Dnevnik writes, the Croatian AD Plastik revealed last week that it has contracted new jobs for the European market worth a huge 31.2 million euros in total. "The AD Plastik Grupa (Group) has contracted new business with the buyer Stellantis for the European market, with expected revenues of 31.2 million euros and an expected duration of the project of seven years,"…

August the 2nd, 2022 - The very first positive monthly financial result for the enfeebled national carrier Croatia Airlines was recorded back during the month of June this year. As Poslovni Dnevnik/Darko Bicak writes, the operational loss of the Croatian national carrier Croatia Airlines (CA) during the first half of this year stands at an absolutely enormous 170.3 million kuna, and the net loss is 164.1 million kuna, despite the gradual recovery of demand and mainly due to the increase in fuel prices, Croatia Airlines announced recently. They pointed out from Croatia Airlines that the company's very first positive monthly financial…

ZAGREB, 1 August, 2022 - In June 2022, the EU unemployment rate was 6.0% and the euro area unemployment rate was 6.6%, while in Croatia the rate was 6.3%, the European Union's statistical office, Eurostat, said on Monday. The EU seasonally-adjusted unemployment rate was 6.0% in June 2022, stable compared with May 2022 and down from 7.2% in June 2021. The rate for the euro area was 6.6%, also stable compared with May 2022 and down from 7.9% in June 2021. Eurostat estimates that 12.931 million men and women in the EU, of whom 10.925 million in the euro area, were…

ZAGREB, 1 August, 2022 - The highest average net monthly salary in 2021 was paid in the ICT sector, amounting to HRK 9,584, 50.9% more than the national average in the business sector, shows an analysis by the Financial Agency (FINA). In 2021 the average monthly net pay of 964,742 persons employed in 144,259 businesses subject to profit tax payment (not including financial institutions), was HRK 6,350, an increase of 6.1% from 2020, when the average pay amounted to HRK 5,985. Fina's analysis shows that businesses in three activities - manufacturing, commerce and construction - accounted for 55.5% of all employed persons, with…

July 31, 2022 - DELAWARE, United States_ Highly accomplished manager Damir Vandjelic, who previously presided over an HRK 8 billion tourism portfolio, has been appointed CEO of RoomOrders Global, bolstering the start-up’s international expansion. Vandjelic, who has held executive positions in leading companies like Pliva, Interbrew, Croatia osiguranje and INA, notably headed capital investment in tobacco, tourism and fish-farming giant Adris Group. Vandjelic, who will focus on strategic expansion across European resorts and raising capital, will join RoomOrders Inc. CEO Eugene Brcic Jones, who will focus on the group’s marketing and PR from its US headquarters.   “Mr Vandjelic is among Croatia’s…

July the 3st, 2022 - Hrvatska Postanska Banka has been pushed forward significantly on the market owing to its organic growth and the excellent business being done, not to mention a new acquisition. As Poslovni Dnevnik writes, during the first six months of 2022, Hrvatska Postanska Banka achieved strong growth in terms of the wider HPB Group's assets and the acquisition of Nova Hrvatska Banka (New Croatian Bank), which is now successfully operating. All of the above has significantly strengthened its overall market position. After a record 2021, a ten digit net profit of 1.066 billion kuna was realised at…

July the 30th, 2022 - The massive Croatian tourism company Valamar Riviera has published the results it has acheived during the first six months of this year, and they're in stark contrast to the situation just one year ago, never mind two. As Poslovni Dnevnik writes, in the first half of 2022, the Croatian tourism company Valamar Riviera achieved an impressive 2.1 million overnight stays with business revenues of 677.5 million kuna, which is comparable to the volume of business in the first six months of the pre-crisis, record year of 2019. The growth of business income in the first half…

July 30, 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…

July the 29th, 2022 - The brand new Serengeti Split office has opened its doors and has been hiring local IT experts, a move which will hopefully further contribute to people remaining in Croatia and people from Dalmatia becoming employed in something other than tourism. As Poslovni Dnevnik writes, after having opened offices in Zagreb, Bjelovar, Varaždin and neighbouring Bosnia and Herzegovina, as well as development centres over in Kenya and Serbia, the new Serengeti Split office has opened, where it sees great potential for further establishing the IT profession, developing innovative projects and attracting young experts from across the…

July the 29th, 2022 - Croatia Airlines has been in troubled waters for some time now, and although the search process for a strategic partner (yes, it's still ongoing) of the Croatian national airline was completely stopped for the past two years due to the COVID-19 pandemic, it seems that preparations are still ongoing in the corporate world. As Poslovni Dnevnik/Darko Bicak writes, the very well known Greek company Aegean Airlines announced this week that it is interested in taking over several carriers in Southeastern Europe, including Croatia Airlines. As reported by Exyuaviation, the Vice President of Aegean Airlines, Eftychios…