Business

Thursday, 23 March 2023

Croatian Communications Market Enjoys 1.6 Billion Euro Revenue in 2022

March the 23rd, 2023 - The Croatian communications market enjoyed revenues of 1.6 billion euros last year, representing an increase when compared to the year before. As Poslovni Dnevnik writes, the total revenues earned by the Croatian communications market back in 2022 amounted to a very impressive 1.6 billion euros, which is 3.6 percent more compared to what was recorded back in 2021. On top of that, the continued trend of investment growth in mobile and fixed communications networks continued, as was announced last week by the Croatian Regulatory Agency for Network Activities (HAKOM). HAKOM stated that in the aforementioned…
Tuesday, 21 March 2023

Croatian Nexe Group to Have First On Shore CO2 Storage in Europe

March the 21st, 2023 - The Croatian Nexe is set to embark on a massive 400 million euro project which will see them boast the very first on shore CO2 storage facilities in all of Europe. As Poslovni Dnevnik/Suzana Varosanec writes, with the already agreed upon cooperation on a globally unique project called CO2NTESSA between the Croatian Nexe Group and their international partner Thyssenkrupp Group, the Nasice cement industry was the first to jump on the train to apply for a CO2 neutral cement production project to the Innovation Fund for financing large-scale projects. With an estimated value of 400…
Tuesday, 21 March 2023

Fina Proposes Brodosplit Bankruptcy Owing to 23.8 Million Euro Debt

March the 21st, 2023 - Is it all over for the enfeebled Split shipyard Brodosplit? After struggling for a considerable amount of time now, Fina is proposing Brodosplit bankruptcy proceedings owing to a debt of over 20 million euros. As Poslovni Dnevnik writes, the Financial Agency (FINA) has officially submitted a proposal to the Commercial Court in Split to open Brodosplit bankruptcy proceedings, stating that the company has unpaid bases for payment of a massive 23.8 million euros. According to FINA's information, as of March the 9th, 2023, the debtor has had unexecuted payment bases for a continuous period of…
Sunday, 19 March 2023

Looking for a Job in Croatia? This Week's Top 10 from Posao.hr (March 19, 2023)

March 19, 2023 - Looking for a job in Croatia? A new weekly feature on TCN, in partnership with leading job site agency, Posao.hr, who present a selection of weekly job listings. How hard is it to find a job in Croatia, and what is on offer? We spoke to Ines Bokan, director of leading jobs site Posao.hr, who kindly took the time for this excellent interview overview.   This week's top 10 jobs from Posao.hr: posao.hr is hiring a person in the position sales consultant (m/f). Place of work Zagreb. We offer the possibility of earning a salary bonus. Send…
Saturday, 18 March 2023

Vjekoslav Majetic of DOK-ING Named EY Entrepreneur of the Year in Croatia

March 18, 2023 - An evening of huge positivity at Lauba in Zagreb on Thursday, as Vjekoslav Majetic, CEO of DOK-ING, wins the EY Entrepreneur of the Year Award for Croatia.  About 5 years ago, soon after we moved to Varazdin, I got a phone call from Nenad Bakic, the serial entrepreneur who at the time was trying to resurrect the fortunes of the Varteks clothing company in the city. We met for a coffee, and after paying some very generous compliments about TCN, he asked how he could help with advice to grow my business. It was a very…
Thursday, 16 March 2023

Could an Unpopular Measure End Up Being Borovo's Best Solution?

March the 16th, 2023 - Borovo has been swimming in troubled waters for a long time now, but could an otherwise wholly unpopular measure actually end up being the best solution of all for this enfeebled company? Maybe. As Poslovni Dnevnik/Marija Brnic writes, a couple of years ago, it seemed that everything regarding the survival of Borovo had finally fallen into place properly, a restructuring programme was fully drawn up, of which the consulting company KPMG was in charge. Since then, the extension of the CERP guarantees has only been approved in order to postpone the repayment of loans to…
Thursday, 16 March 2023

2022 Saw Record Number of Croatian Startups Receive Investments

March the 16th, 2023 - Last year was a record year for Croatian startups receiving investments, some of which involved enormous sums of money. What will 2023 be like? As Poslovni Dnevnik writes, there is no winter rest period or a sense of being ''out of season'' for Croatian startups, and despite investors' caution towards making any particularly risky investments, as much as 958.3 million US dollars were invested in Croatian startups in the first three quarters of last year alone. The aforementioned was concluded at the Algebra startup meetup, which was recently held at the Algebra campus in the City…
Wednesday, 15 March 2023

Green Future Startup Challenge Powered by Infobip: Win 10,000 EUR!

March the 15th, 2023 - The organisers of the Green Future conference invite interested startups to submit innovative solutions in the field of sustainable development by May the 1st, 2023 to be in with a chance of winning 10,000 euros! For the second consecutive year, Green Future is hosting a conference on ecology, energy, and smart cities at the beginning of June in Split's Croatian National Theatre. As part of this conference, the Startup Challenge will be held for companies that develop innovative solutions in the field of sustainable development. In addition to the lucrative main prize, there are also…
Tuesday, 14 March 2023

Looking for a Job in Croatia? This Week's Top 10 from Posao.hr (March 14, 2023)

March 14, 2023 - Looking for a job in Croatia? A new weekly feature on TCN, in partnership with leading job site agency, Posao.hr, who present a selection of weekly job listings. How hard is it to find a job in Croatia, and what is on offer? We spoke to Ines Bokan, director of leading jobs site Posao.hr, who kindly took the time for this excellent interview overview.   This week's top 10 jobs from Posao.hr: Cuspis d.o.o. is hiring a person in the position Employee in the IT industry (m/f). Place of work Zagreb. We offer work on large national…
Tuesday, 14 March 2023

2022 Croatian Company Alfatec's Most Successful Year Yet

March the 14th, 2023 - The Croatian company Alfatec announced its business results for the past year last week, and it's clear to see that 2022 was the company's most successful yet. As Poslovni Dnevnik writes, just last week, the Croatian company Alfatec announced its business results for the past year in front of a group of journalists at the Wespa Spaces premises in the City of Zagreb at the first #1 Alfatec Press Brunch. As well as announcing a very successful 2022, a short retrospective of Alfatec's 30+ years of existence was givem. 33 years ago, Drago Kornfeld started…
Tuesday, 14 March 2023

Croatian Jadroplov Fleet to be Boosted With Another Vessel

March the 14th, 2023 - The Croatian Jadroplov fleet is set to be boosted with yet another vessel which will sail under the Croatian flag after having been given the green light from the government. As Poslovni Dnevnik/Marija Brnic writes, yet another vessel for the transport of liquefied petroleum gas (LPG) will soon sail under the Croatian flag - a part of some new reinforcement of the Croatian Jadroplov's fleet. The Croatian Government recently approved the purchase of another vessel with HBOR, making it the second in less than one year. It's important to emphasise that this doesn't act as…
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