Business

Companies competing for this prestigious global recognition go through a very rigorous assessment process that includes a comprehensive overview of employers' practices in several categories. British American Tobacco, which operates here in Croatia, has come a cut above the rest yet again. As Poslovni Dnevnik writes on the 7th of March, 2019, British American Tobacco (BAT), otherwise one of the largest private investors in the Republic of Croatia, was nominated for the second consecutive year as the best global employer (Global Top Employer). The award is given by the Top Employers Institute, an independent organisation that studies the working conditions…

As Poslovni Dnevnik writes on the 7th of March, 2019, well known Split entrepreneur Jozo Parčina, perhaps best known to the wider public as the owner of the beautiful Luxe Hotel in Split, could soon become the owner of the "Kaštela Riviera". Not even three full years after the launching of bankruptcy proceedings over the defunct Kaštela company, they acquired the conditions for the sale of their property, which is largely under a mortgage, among which the most prized is the hotel "Palace". The interest in buying was confirmed to Slobodna Dalmacija by Parčina himself, who in the meantime redeemed…

The race between the two largest mobile banks in Europe, Revolut and N26, which are often referred to as Ubers for banking, will be waged on the Croatian summer as well by the summer. Revolut has confirmed that in the next few months it plans to offer its services in Croatia and open an office here. Its main competitor, the German mobile bank N26, has recently entered the Slovenian market, reports Poslovni.hr on March 7, 2019. Andreas Kapsos, Revolut’s marketing manager, says they are already preparing for the expansion to Croatia. “The official launch of Revolut in Croatia will take…

ZAGREB, March 7, 2019 - The next seven-year financial period in the European Union will be a continuation of greater co-financing for poorer regions whose GDP accounts for less than 75% of the EU average, and that includes Croatia, Vittoria Alliata di Villafranca, Director DG Regional and Urban Policy, said at a two-day international conference on EU funds which started in the northern Croatian town of Trakošćan on Wednesday. The conference, focusing on the new financial period 2021-2027 and the experience of strategic development and implementation of EU projects of other EU member states, was organised by the PJR consulting…

Last month, CEPOR held a round table conference in Zagreb, and invited different migrant business owners in Croatia to speak. The purpose of the roundtable was to understand the current status and potential of migrant entrepreneurship and migrant businesses in Croatia. We interviewed two CEPOR members, Ružica Šimić Banović and Mirela Alpeza to learn more. Last month, CEPOR (Centre for Small and Medium Enterprises Development and Entrepreneurship) hosted a roundtable conference in Zagreb to learn more about the current migrant business climate; the barriers and changes needed to promote positive growth. The invited speakers were: Hermes Arriaga Sierra – co-founder…

ZAGREB, March 6, 2019 - Eagle Hills, a company based in the United Arab Emirates (UAE), has been selected as a possible partner for the "City within the City" development project in Zagreb, the Zagreb mayor's office said in a press release on Wednesday. The commission responsible for examining letters of intent found that this company has the best references for future cooperation because of the way its projects treat urban zones. The commission received three offers, two of which met the requirements of the public call, these being Bouygues Batiment International from France and Eagle Hills from the United…

ZAGREB, March 6, 2019 - The most frequent obstacle on the labour market in Croatia concerns discrimination against women based on age and motherhood, women account for 58% of the unemployed persons, 62% of men are aware that their status at work is more privileged than that of women, while in terms of the pay gap, Croatia is above the EU average, it was said at a conference on gender equality at work in Zagreb on Wednesday. "When we consider the overall situation in Croatia, we can say that we are better than the EU average with regard to the…

ZAGREB, March 6, 2019 - Slovenia's Mercator retail chain is in a better shape today than in the period before Agrokor bought it, the conglomerate emergency administrator, Fabris Peruško told Slovenia's STA news agency, and expresses hope that the company will be successfully integrated in the new Agrokor, or as it will be named, Fortenova as of April 1. "When we bought Mercator, it was not a healthy company and Agrokor gave it an important injection to survive," Peruško said and added that the problem in operations after the merger emerged later. "The problem was that Mercator and Agrokor didn't…

ZAGREB, March 6, 2019 - Economy Minister Darko Horvat said on Wednesday that financial data about the Uljanik shipyard's performance did not look well, and they were actually worse than what was put on paper before. Asked by the press whether he was going to meet with unionists from Uljanik, the minister said that a meeting was planned and that before a meeting with all stakeholders including unionists, the management and strategic partner Tomislav Debeljak could be held an analysis needs to be prepared. "The stats do not look well. They (problems) are bigger than what has been put on…

One of the most famous symbols of Krapinske Toplice has been stood neglected and entirely abandoned for years, but could a young German who is partly of Croatian origin who moved to the area a couple of years ago be the solution this old continental gem needs? As Poslovni Dnevnik writes on the 5th of March, 2019, David Krauss (35) moved to Croatia, more specifically to beautiful Krapinske Toplice in the continental part of the country, just over two years ago. He decided to invest in the renewal of the long abandoned Bellevue and restore its former glory. The technical…