Business

As Novac/Matija Boltizar writes on the 17th of October, 2019, Zagreb Holding is generally perceived by the public only through the services provided by that company. First and foremost, these are the collection and disposal of household waste, followed by the supply of drinking water and drainage, the distribution and the supply of gas, and the maintenance of the roads and public green spaces. That being said, Zagreb Holding also deals with less well-known services such as holiday arrangements for children and young people and pharmacy services, but what few people may know is that this company has a specific…

A total of seven Croatian technology companies competed in the Deloitte Competition of the 50 fastest growing companies in Central Europe this year, six of which are in the main category and one of which is in the Most Disruptive Innovation category, as Poslovni Dnevnik writes on the 18th of October, 2019. This year, which is otherwise the twentieth edition of the Deloitte Competition of the 50 Fastest Growing Central European Technology Companies, saw the attendance of companies from across eighteen European countries: Albania, Bosnia and Herzegovina, Bulgaria, Montenegro, Czech Republic, Estonia, Croatia, Kosovo, Lithuania, Latvia, Hungary, Macedonia, Moldova, Poland,…

ZAGREB, October 18, 2019 - A total of 1.678 million people were gainfully employed in Croatia in the second quarter of 2019, about 7,000 more than at the same time in 2018, while the number of the unemployed declined by 28,000 to 108,000, bringing the survey unemployment rate down to 6.1%, a labour force survey carried out by the National Bureau of Statistics (DZS) shows. The survey found that 1.678 million people in Croatia were in work in the second quarter of this year, which is 17,000 or slightly over 1% more than in the previous quarter. Compared with the…

When we hear about investment in Croatian tourism, the cash injections usually come from abroad or at least from foreign accounts, but not always. Makarska is just one fine example. As Poslovni Dnevnik writes on the 17th of October, 2019, Mate Jujnović, the owner of Promet Makarska and both the Makarska and Split bus stations, has purchased the company "Romana Apartmans" d.o.o. according to a recent report from Slobodna Dalmacija. Project manager Marinko Sulić, who has so far sought partners from within Spain's famous "Iberostar", and later on Germany's equally well known "Der Touristik", managed to get the right partner…

October 17, 2019 - COTRUGLI Business School, the only AMBA (Association of MBAs) accredited business school in Croatia, has recently become a member of the Business Graduates Association (BGA).  All business schools aspire to accredit their programs since accreditation stands for high-quality standards in teaching and delivery. However, Business Graduates Association is the organization that turns the focus of its accreditation to responsible management, positive impact, and lifelong learning. BGA is a sister brand  to the Association of MBAs (AMBA), with the mission to be the leading global movement in business education for responsible management, positive impact and lifelong learning.…

Croatian Post (Hrvatska pošta, HP) reported on Thursday that they have acquired the 100 percent share in the company Locodels, owned by the Croatian entrepreneur Stevica Kuharski. The completion of the sale is expected to happen before the end of November, it is reported. Croatian Post is, however, not revealing the value of the transaction, the Croatian media reported. You might remember seeing Mr Kuharski's name recently on our site, and that was probably from when we reported on his other business venture and association with the Fil Rouge Capital VC Fund. But, he was well-known in Croatian business circles…

ZAGREB, October 17. 2019 - The telecommunications company Tele2 Croatia, which started doing business in Croatia on this day 14 years ago, stated on Thursday that in the third quarter of 2019, it recorded a 6 percent rise in revenues to HRK 405 million. The number of customers of this telecom exceeded a million. The company recalls that when it started its operation in Croatia on 17 October 2005, a minute of mobile phone conversation cost as much as a loaf of bread. Subsequently tariffs and costs of mobile telephony were reduced by 60%. The reduction of prices was one…

ZAGREB, October 17, 2019 - Ivan Šuker, a lawmaker of the ruling Croatian Democratic Union (HDZ), said in parliament on Thursday that, whether someone liked it or not, the fact was that the HDZ was restoring the statutory retirement age to 65. Šuker criticised opposition members of the parliament who he said had rushed to sign the referendum petition launched by the trade unions' "67 is too much" initiative, while they are going vote against the government-sponsored proposal to reinstate the statutory age for retirement at 65. If you do not vote for the law on Friday and if we…

October 17, 2019 - Poseidon Group, a London-based company for the investment, development, and management of real estate, confirmed the construction of a 30,000 square foot logistics center for a large Croatian retail chain in Business Park Dalmatia. Located in Dugopolje, Business Park Dalmatia still has a remaining 245,000 square meters (approximately 24 ha). Dalmatinski Portal writes that Business Park Dalmatia is already the leading location in the region for facilities that work in distribution, light production, food production, and more. It has direct access to the main road network and is equipped with a modern water, gas, sewage and…

ZAGREB, October 17, 2019 - Finance Minister Zdravko Marić said on Wednesday that the planned pay rise for state administration and public sector employees would cost between 1.1 billion and 1.2 billion kuna annually. Marić said that the planned increases were expected to take effect at the beginning, in the middle and in the second half of next year, adding that during the term of this government the base pay increase for state administration and public sector employees would be around 18.3 percent. In an annual report on his government's work submitted to Parliament on Wednesday, Plenković said that the…