Business

WBAF Croatia will focus on facilitating access to finance for start-ups, start-ups, MSPs and fast-growing companies, and will start with international training programs for investors. Baybar Altuntaşa, a successful Turkish entrepreneur and investor is set to kickstart his very first Croatian project. As Bernard Ivezic/Poslovni Dnevnik writes on the 19th of January, 2019, on Monday, January the 21st, in Zabok's Bračak castle, the first office of the World Investment Forum of Business Angels (WBAF) opens in the European Union. As we reported recently, the office will provide education for startups and business angels as it has been available in London. This…

ZAGREB, January 19, 2019 - Slovenia on Friday protested against a Croatian court's ruling in Zagrebačka Banka's and Privredna Banka Zagreb's suit against Ljubljanska Banka over transferred Croatian savings in Ljubljanska Banka's former Zagreb branch. The Zagreb County Court recently dismissed an appeal lodged by Ljubljanska Banka and Nova Ljubljanska Banka, upholding a ruling against Ljubljanska Banka, which is a breach of international and European Union law, according to a protest note which the Slovenian government handed over to the Croatian Embassy in Ljubljana today. In the note, Slovenia says it expects Croatia to refrain from all proceedings that are…

ZAGREB, January 18, 2019 - Croatian Agriculture Minister Tomislav Tolušić and Berlin Fair CEO Christian Goecke on Friday signed a partnership agreement as part of International Green Week, the exhibition of the food, agriculture and gardening industries in the German capital. Under the agreement, next year Croatia will be the partner country of this fair, the largest of its kind in the world. "Being the partner country of Green Week is not only a great honour but also a great challenge for our agricultural producers and for Croatia as a country that is strategically committed to sustainable, ecologically friendly agriculture,"…

ZAGREB, January 18, 2019 - Labour and Pension System Minister Marko Pavić said in the eastern city of Osijek on Friday that the intent of the current government was to activate the domestic labour force as much as possible, and reinforced active employment policy measures had been prepared for 2019, with more than 2 billion kuna set aside for that purpose. Opening a fair to promote employment in tourism, Pavić said that over 160,000 unemployed persons throughout Croatia had been surveyed about their plans, and 20,000 said they would like to work in the tourism industry. Such events as this…

Croatian Minister of Environmental Protection and Energy Tomislav Ćorić said on Thursday that the state is interested in the construction of the LNG terminal on the island of Krk and that it is a strategic project that deserves to be funded, reports Jutarnji List on January 18, 2019. As he told reporters on the eve of the government session, it is a strategic national project for Croatia that is needed given that it would provide the security of gas supply to Croatia, regardless of any possible crisis, and "there have been such crises in the past.” In this context, Ćorić…

ZAGREB, January 18, 2019 - The Uljanik Group's board chairman Emil Bulić told the press on Thursday that the reason for the prolongation of an in-depth analysis of the Pula-based shipyard until January 24 was the great interest shown by potential investors. The Uljanik shipyard said today that the due diligence period had been extended until January 24 following additional interest shown by potential investors. "Data room can be accessed on a working day from 0800-1800 hrs and also on Saturday 19th January 2019 from 0900-1300 hrs. Deadline for submitting the Offers for strategic partnership remains unchanged i.e. by 25th…

ZAGREB, January 17, 2019 - Finance Minister Zdravko Marić said Thursday that in the international framework, Croatia's system of preventing money laundering and terrorism has been recognised, which helped Croatia made the list of the top ten countries with the lowest money laundering risk. According to a report by the Basel-based International Centre for Asset Recovery (ICAR) from October 2018, Croatia recorded additional progress and of the 129 countries covered, it made the list of the top ten countries with the lowest money laundering and terrorism financing risk, the minister said in parliament. All relevant institutions – the Council of…

Uber is getting more popular for Advent tours and was chosen by 30 percent more users than the year before.

ZAGREB, January 17, 2019 - The Pula-based Uljanik shipyard said on Thursday that the due diligence period had been extended until January 24 following additional interest shown by potential investors. The data room is open from 8am to 6pm on weekdays and from 9am to 1pm on Saturday, January 19. The company recalled that the deadline for submission of bids for a strategic partnership remained 8pm on January 25. Economy Minister Darko Horvat said last week that intensive talks were under way with several partners and that it would be clear by January 25 whether they would eventually make a…

ZAGREB, January 17, 2019 - The adoption of the euro will benefit Croatian enterprises but will not resolve structural problems of the national economy, the chairman of the Croatian Chamber of Commerce (HGK), Luka Burilović, said on Thursday, calling for extra efforts to minimise the structural weaknesses of the economy before joining the common currency area. "We see prevailing benefits of the adoption for our enterprises, but we must keep in mind that the adoption itself will not resolve the structural problems of the economy and that it is in our own interest to join the euro area as strong…