Business

ZAGREB, March 28, 2019 - President Kolinda Grabar-Kitarović met with representatives from the Uljanik and 3. Maj shipyards on Wednesday at unions' request, and they informed her of their demands from the government - an urgent solution to their agony, the approval and payment of a loan for interim financing, the adoption of a draft restructuring plan on healthy foundations, and a possible strategic partner that will secure the best bid. The president expressed her complete understanding for the workers' endeavours to have this unsustainable situation resolved and a decision on the fate of shipyards to be made as soon…

As Darko Bicak/Poslovni Dnevnik writes on the 27th of March, 2019, the president of the board of EY Croatia talks about the state of the country, the challenges and perspectives of the Croatian economy, and the need to promote successful stories, which they push forward through the Entrepreneur of the Year event. Even though it has nominally existed for thirty years in the market economy, it's still necessary to properly promote entrepreneurship and entrepreneurs in the Republic of Croatia, and for this reason, the global consultancy company Ernst & Young (in Croatia, EYCroatia) is organising, for the fifth time in…

ZAGREB, March 27, 2019 - Prime Minister Andrej Plenković on Tuesday declined to comment on the arrests of former executives of the Uljanik shipbuilding group made earlier in the day or say if he preferred restructuring or bankruptcy for Uljanik, saying only that the topic would be discussed on Wednesday. "As Prime Minister I do not want to comment on any proceedings... police and prosecutorial authorities have been working on the case for several months, I believe they are doing their job very thoroughly in a case that is not simple," he said in a brief comment on the arrests.…

ZAGREB, March 26, 2019 - The Police Office for Suppression of Corruption and Organised Crime (PNUSKOK) on Tuesday morning started arresting former executive officers in the Uljanik Group, and according to unofficial information among those arrested are former management board president Gianni Rossanda, his predecessor Anton Brajković and members of the former management board Marinko Brgić and Veljko Grbac. Earlier in the morning police raided the home of former management board president Anton Brajković, who was replaced by Gianni Rossanda in 2013. Apart from Rossanda, the former Uljanik management board also included Marinko Brgić and Veljko Grbac. Two vehicles, assumed…

As Adriano Milovan/Novac writes on the 26th of March, 2019, the Croatian municipalities with the largest number of entrepreneurs in the country are Viškovo, Medulin and Matulji, according to FINA's new data on the matter. According to this new data, 584 entrepreneurs had their headquarters registered in the municipality of Viškovo near Rijeka back in 2017. Following is the municipality of Medulin in Istria, with 508 entrepreneurs having their headquarters located in this area, and the municipality of Matulji near Opatija, with 501 entrepreneurs having their headquarters there. On the other hand, the smallest number of entrepreneurs (only one) were found…

The economic situation in Croatia is a rather bizarre one and it really depends on what you read and when when it comes to drawing the conclusion of ''are there any jobs in Croatia or not''.  While some claim they can't find any workers for love nor money and are fighting with other employers over better work conditions and more pay to try to keep hold of their staff, others claim there is no work to be done. The paradoxical situation in Croatia of there being no work but many workers and no workers but a lot of work is…

ZAGREB, March 26, 2019 - Sustainable development is present-day society's obligation for what is coming and it must not become yet another platitude and formal meeting of imposed goals, it was said on Monday at a conference on sustainable development, organised by the Croatian Chamber of Commerce (HGK). The conference was organised as Croatia is expected to present its first voluntary national overview on the realisation of 17 sustainable global development goals at a UN political forum to be held in July. Environment Protection and Energy Minister Tomislav Ćorić said the topics covered by those goals and the UN Agenda…

ZAGREB, March 26, 2019 - Prime Minister Andrej Plenković visited the northern coastal city of Rijeka and the Brajdica terminal which is currently under reconstruction, an investment that is valued at some 30 million euro, and there he expressed his satisfaction with investments in key infrastructure for the Rijeka area. Plenković visited the construction site of the Rijeka - Brajdica railway station and the construction of an intermodal terminal, a project that is being jointly implemented by the Rijeka Port Administration and the HŽ Infrastruktura railway operator and 85% of the project or 30.2 million euro is being financed from…

ZAGREB, March 25, 2019 - The Zagreb County Prosecutor's Office on Monday officially confirmed media reports that it has launched yet another, third investigation in the case of the Agrokor conglomerate which covers the company's former owner, Ivica Todorić, the former executive vice president for business and development, Piruška Canjuga, and the former director for facility investments, Ante Huljev. The prosecutor's office said in a press release that the three are charged with abuse of office in doing business whereby they defrauded Agrokor and illegally gained an amount of 1,250,000 euros. It added that the offences were committed in November…

As Suzana Varosanec/Poslovni Dnevnik writes on the 25th of March, 2019, under its new administration and new owners, the popular Jadran hotel group from Crikvenica is expanding rapidly and after taking over Club Adriatic, it is continuing to introduce new facilities in Baško Polje, and is now expanding to the Kvarner region. Based on the ten-year lease of the Hotel Delfin in Omišalj, business for Jadran is beginning on the island of Krk. The offer was favourable, as can unofficially be revealed. The Crikvenica-based hotel group also signed a long-term lease for three pavilions in Crikvenica. Owing to these business…