Business

Tomislav Buljubašić, a young Croatian entrepreneur, the owner and director of the Dioklecijan Hotel in Split gave a big interview to poduzetnik.biz. We're bringing you the highlights from the story written by Vladimir Mihajlović. After finishing his education in business administration and international business and management at the prestigious Webster University in Vienna, Tomislav Buljubašić came back to Split to manage the first categorised medical hotel - the Dioklecijan Hotel and Residence in Split. While studying in Vienna, he worked on his father's luxurious yacht, Seagull, which he says was one of his first experiences with tourism on a more exclusive…

ZAGREB, July 21, 2019 - Secondary school students in Croatia are showing a growing interest in vocational occupations, the Croatian Chamber of Commerce (HGK) said, citing data from the Ministry of Science and Education. "According to our calculation, which is based on the latest data from the Ministry of Science and Education, the total number of children enrolled in secondary schools this school year is 39,342, which is a marked increase from last year when 37,993 were enrolled," said the head of the HGK Education Division, Božo Pavičin. Pavičin said that they were particularly glad that this year 650 more…

ZAGREB, July 20, 2019 - General purpose cash loans continue to rise at two-digit rates, according to Croatian National Bank (HNB) data, which Raiffeisenbank Austria (RBA) analysts consider a result of positive trends on the labour market and favourable financing conditions. According to HNB data, general purpose cash loans account for 39.3% of household loans and rose 11.8% on the year to 50.7 billion kuna at the end of May 2019. Such trends are the result of salary and employment growth, low financing costs and rising consumer optimism, RBA says. It expects similar trends in the months ahead, albeit at…

As Novac/Matea Grbac writes on the 19th of July, 2019, when he took over the leading position of the third largest shopping centre in the whole of Croatia, Westgate, Deputy Managing Director Denis Čupić announced a series of radical changes. Now, just one year later, Novac decided to visit this somewhat forgotten centre near Zagreb and find out if something really has changed. Upon arrival, it was obvious that the announced change of the focus from the fashion to the family really had happened, and 76 percent of the rented spaces housed home decorating shops and those with children's equipment…

ZAGREB, July 19, 2019 - The INA oil and gas company on Friday announced that it had registered the discovery of a new natural gas bed at the Drava-02 exploration site and that findings of exploration at the Severovci-1 gas well indicate a total of 53,000 cubic metres of gas a day. INA registered the new well with the Croatian Hydrocarbon Agency (CHA), which was discovered in the vicinity of INA's exploitation fields in Molve, Kalinovac and Ferdinandovac in northeast Croatia. The depth of the bore well is 3,410 metres and INA has conducted all these activities within the framework…

As Poslovni Dnevnik/Bernard Ivezic writes on the 18th of July, 2019, it appears that Croatia is a new top destination for financial startups in Europe, and naturally, everyone is wondering why. After the Nordic startup Auka made the global premiere of its Settle mobile payment application from Zagreb, and Apple Pay immediately arrived in Croatia with its expansion across Europe, now a young, high tech Romanian company called Pago, has started testing its financial application (app) of the same name, right here in Croatia. Moreover, after a successful launch in Romania, Pago decided that its application would first be alpha-tested…

As Poslovni Dnevnik writes on the 18th of July, 2019, in Istria's Tar-Vabriga Municipality, 87th Plodine store has now been opened. Having listened to the needs of the local population, as well as tourists during the tourist season, Istria received its 15th modern Plodine supermarket. The investment value of 5 million euros provided for the construction of a brand new Plodine sales facility according to the highest trading standards. Stretching across 2,000 m2, this Plodine store is modern and boasts functionally decorated interiors with a modern cafe bar, there's also new, high quality equipment that will provide customers with an…

ZAGREB, July 18, 2019 - The Atlantska Plovidba (AP) shipping transport company on Thursday reported that a Brazilian navy helicopter had arrived on the AP Dubrava ship which experienced an accident on Wednesday in which two crew members were killed and another two were injured while the ship's tank was being rinsed out. According to information from the ship, the medical team has confirmed the death of two crew members while another two have been injured and transported by helicopter to land for observation, the company reported. Another sailor who was not directly involved in the incident has been transported…

ZAGREB, July 18, 2019 - Bosnia and Herzegovina's natural gas supplier BH Gas said on Thursday it had received permission from the European Union to launch a project that would connect the country's gas grid to that of Croatia. The Directorate-General for European Neighbourhood Policy and Enlargement Negotiations on Wednesday approved the preparation of a project to build the South Interconnection BH-Croatia, the company said. The new natural gas pipeline would run from Zagvozd in southern Croatia to Posušje and on to central Bosnia and Mostar. BH Gas said it hoped the new supply route, which would be independent of…

ZAGREB, July 18, 2019 - Croatia's survey unemployment rate stood at 7.6% in the first quarter of 2019, decreasing by 2.7 percentage points from the same period in 2018 and by 1 percentage point from the previous quarter, a labour force survey carried out by the National Bureau of Statistics (DZS) shows. A comparison with data provided by the Croatian Employment Service (HZZ) and other administrative sources shows that the survey unemployment rate was 2.4 percentage points lower than the "administrative" rate, which was 10% in Q1. It also showed that of 136,000 persons out of work according to the…