Business

Wednesday, 16 March 2022

Međimurje Wins Financial Times Award Again

ZAGREB, 16 March 2022 - Međimurje County has been given the European Cities and Regions of the Future 2022/23 award by one of the most reputable world economic magazines the Financial Times, its fourth such award, among 160 larger or smaller regions and more than 350 cities in the European Union. County Prefect Matija Posavec, who received the award in Cannes on Tuesday, told a press conference on Wednesday that the award was not a coincidence and that Međimurje has been recognised as one of the most favourable areas for successfully doing business in Europe thanks to a system that connects the economy…
Wednesday, 16 March 2022

Volume Of Rail Transport In Croatia Increases In 2021

ZAGREB, 16 March 2022 - A total of 13.5 million passengers were transported by rail in Croatia in 2021, which is 400,000 more than in 2020, as well as 15.3 million tonnes of goods, which is an increase of 200,000 tonnes, according to the Croatian Regulatory Authority for Network Industries (HAKOM). The data indicates that railway passenger transport is slowly recovering from the crisis caused by the coronavirus pandemic, HAKOM said. In the last quarter of 2021, slightly more than 4 million people used this mode of transport, up by 500,000 from the same period of 2020. However, the number…
Wednesday, 16 March 2022

HRT Television Channels Get New Editor-In-Chief

ZAGREB, 16 March 2022 - HRT director-general Robert Šveb on Wednesday decided to appoint Rahela Štefanović the editor-in-chief of the national broadcaster's television channels HTV1, HTV2, HTV3, HTV4 and its international channel. Štefanović's appointment followed after 79.78% of the editors, journalists and photo-journalists of the HRT who participated in a non-binding advisory vote supported her nomination. There are 1,356 journalists and staffers eligible to take part in this kind of vote, and 178 or 13.13% participated in it. Štefanović will succeed Bruno Kovačević on 21 March.   Business: For more, check out our business section.
Wednesday, 16 March 2022

Croatia's Leading Dairy Producer Increases Buy-Up Price Of Milk

ZAGREB, 16 March 2022 - Dukat continues to increase the buy-up price of milk from its sub-contractors, which will go up by HRK 0.15 per litre as of 1 April and by an additional HRK 0.10 as of 1 May, the Zagreb-based dairy company stated on Wednesday. In addition to the increases in the price for purchased milk in January and March, the aggregate rise will be HRK 0.50 per litre, Dukat's director Duško Glišić, said, according to a press release. Dukat says it is aware of difficulties faced by small farms due to the higher input costs and disturbances on the…
Wednesday, 16 March 2022

February Inflation Of 6.3% Highest Since August 2008

ZAGREB, 16 March 2022 - In February 2022, compared to February 2021, the prices of goods and services for personal consumption increased by 6.3%, the most since August 2008, when annual inflation was 7.1%, the Croatian Bureau of Statistics said on Wednesday. In February 2022 inflation continued to increase. In January 2022 it went up by 5.7% on the annual level, in December 2021 by 5.5%, in November by 4.8%, in October by 3.8%, and in September by 3.3%. The first major inflation increase last year was recorded in April (+2.1%). In February 2022, compared to January 2022, the prices of goods and…
Wednesday, 16 March 2022

Croatians Stockpiling, Spending HRK 160 Million More Each Week

ZAGREB, 16 March 2022- Ever since the war in Ukraine started, Croatian citizens have been spending HRK 160 million more a week than prior to the war, the Večernji List daily reported on Wednesday. Last week's fiscalised retail turnover was about HRK 2.7 billion as against HRK 2.54 billion a week in the weeks prior to the war. That is a jump of 6% on the week and such a sudden increase occurs only for public holidays or in extraordinary situations. The war that has shocked all of Europe is certainly one of those situations and it has aroused fear of…
Wednesday, 16 March 2022

First Koprivnica McDonalds Near Supernova Centre to Open This July

March the 16th, 2022 - The very first Koprivnica Mcdonalds restaurant is set to open its doors near the town's Supernova centre sometime this July, bringing with it stable employment for local residents. As Poslovni Dnevnik writes, the world-famous American fast food chain, McDonalds, should open its very first Koprivnica restaurant this July. Work on the location next to the roundabout near the Supernova shopping centre has already started. As has also been found out, the training of future Koprivnica McDonalds employees has been going on here in the City of Zagreb for three months now, and it is said that…
Wednesday, 16 March 2022

Croatian Rental Car Issues Arising as Preparations for Tourist Season Begin

March the 16th, 2022 - Issues in the overall Croatian rental car business are arising as preparations slowly but surely begin as 2022's tourist season approaches. What were once issues caused by the coronavirus pandemic are now being added to by something else... As Poslovni Dnevnik/Marija Crnjak writes, what began as a result of the global coronavirus pandemic in the Croatian rental car market has continued even more fiercely and with even greater uncertainty under the new circumstances of Putin's shock invasion of Ukraine, bringing total disorder to the car rental market worldwide, including here in Croatia. Purchasing new cars…
Tuesday, 15 March 2022

Conference: Consumers Should Invest in Financial Products, Services They Understand

ZAGREB, 15 March 2022 - Consumers should invest in the financial products and services they understand, and to do that, one should study them well - this was one of the messages of the conference "Consumer in the Digital Finance World", held in Zagreb on Tuesday. The conference was organised on the occasion of World Consumer Rights Day by the ministries of economy and finance, the Croatian National Bank (HNB) and the HANFA regulatory agency for the supervision of financial services. HANFA Steering Board vice-president Ilijana Jeleč said that digitalisation provided a number of opportunities for consumers as well as pitfalls. Access…
Tuesday, 15 March 2022

LNG Terminal "Star" of 2021's Exports, Slovenia Main Market for First Time

March the 15th, 2022 - Krk's LNG terminal contributed enormously to Croatia's export ''cake'' last year, with neighbouring Slovenia becoming the main market for the very first time. As Poslovni Dnevnik/Marija Brnic writes, double-digit export growth rates, published by the Central Bureau of Statistics (CBS) for the first month of this year (44 percent) and last year (28 percent), used to be just a pope dream, and although there are reasons for joy and many good developments, there isn't much space for any euphoria quite yet. Such a percentage jump was largely due to the low comparative base, due to…
Tuesday, 15 March 2022

New Croatian Post Kukuljanovo Logistics Centre Employing 300+ People

March the 15th, 2022 - The brand new Croatian Post Kukuljanovo logistics centre, about which there has been an enormous amount of talk, is now finally open and has provided welcome employment to more than 300 people. As Poslovni Dnevnik/Darko Bicak writes, the new Croatian Post Kukuljanovo logistics centre which will work to serve the wider Kvarner and Istria region, worth almost 60 million kuna, was opened last week in the Kukuljanovo Industrial Zone in the Bakar area. On an area spanning a massive ​​4200 square metres are areas for sorting, the transport and delivery of shipments, a distribution centre…
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