Business

October 27, 2021 - LNG Croatia seafarers at the LNG terminal in Omišalj will need to be vaccinated with at least the first dose by November 1 this year.  Index.hr reports that LNG Croatia seafarers on board the floating unit for liquefied natural gas (FSRU) at the LNG terminal in Omišalj will have to be vaccinated if they want to continue working at the terminal, announced the Norwegian company Golar, which employs the seafarers at the LNG terminal. Hrvoje Krhen, director of LNG Croatia, which operates the terminal, confirmed the news received from Golar. "They must be vaccinated with the first dose…

October the 27th, 2021 - The Croatian unemployment rate is continuing to fall, particularly and apparently encouragingly among the youth. Fixed-term contracts currently dominate. As Poslovni Dnevnik/Jadranka Dozan writes, as of yesterday, there were 123,000 unemployed people regisered at the Croatian Employment Service (CES). When compared to the end of last month, this represents an increase of 3910 people, but on an annual basis, this number still indicates a decrease in the number of unemployed people in the country - compared to the end of last October, there are 21,000 fewer of them. According to the latest monthly report, for…

ZAGREB, 26 October, 2021 - The European Court of Auditors (ECA) on Tuesday warned of the risk of delays in the absorption of funding for the 2021-2027 financial period due to a significant increase in funds compared to the previous period. "In view of the great challenges that lie ahead of us, we must remain even more vigilant about the financial soundness of the EU”, said ECA President Klaus-Heiner Lehne was quoted as saying. "Over the next seven years, the EU will spend significantly more than in the previous programme period." During the next seven years, the Union will have…

October the 26th, 2021 - Losinj hotels have been recognised once again for their wellness and spa offers, putting this beautiful part of Croatia firmly on the radar of those tourists who opt for that type of holiday, and there are more and more of them. As Poslovni Dnevnik/Marta Duic writes, Losinj's popular Hotel Bellevue, a member of the luxury hotel brand Losinj Hotels & Villas, has climbed to the very ''top of the world'' when it comes to spa and wellness offers this year. The Spa Clinic Hotel Bellevue is the winner of the World’s Best Hotel Spa 2021,…

October the 26th, 2021 - Numerous Croatian IT companies, as well as several from other sectors, including food and construction, are among the most interested in working with the Turks. As Poslovni Dnevnik/Marija Brnic writes, the fact that Turkey is an increasingly important economic partner for Croatia has been well and truly confirmed by the data which shows that more than 700 companies are participating in the latest cycle of B2B talks that are being held with Turkey as part of the Croatian Chamber of Commerce's Go Global - Go Virtual project. The talks will run until October the 29th,…

ZAGREB, 25 Oct 2021 - The Zagreb Stock Exchange Crobex index weakened by 0.07% to 2,046 points and the Crobex10 increased by 0.12% to 1,245 points on Monday. Broken down by sectors, the construction index fell by 5.12% and the index of tourist companies increased 0.42%. Today's turnover totaled roughly 9 million kuna, six million more than on Friday. In terms of trading, the AD Plastik producer of plastic car parts was the champion with HRK 1.8 million, and its price went down by 1.14% to HRK 173. The Atlantska Plovidba shipping company followed with a turnover of HRK 1.25 million. Its…

ZAGREB, 25 Oct 2021 - Some 128,000 workers aged under 35 have left the Croatian labour market in the past 13 years, so that now they account for only a third of the country's workforce, Večernji List newspaper wrote on Monday. Under the new Labour Act, which is under preparation, workers will no longer be required to retire at 65 and will be allowed to continue working even after they meet the formal requirements for retirement, if they so wish and if there is work for them to do. Considering the present situation in the domestic labour market, many employers…

ZAGREB, 25 Oct 2021 - Shrimps and hakes are again present in the central Adriatic in large quantities, which shows that fish stocks can be restored if there is a will.  The best known spawning ground for aquatic species in the Adriatic Sea is the Middle Adriatic Basin, also known as the Jabuka Pit, which stretches from the Croatian island of Žirje to the Italian coastal town of Ortona. It contains nearly a quarter of the total biomass of commercially important species in the northern and southern Adriatic. For many years more than 30 percent of the catches by Croatian…

October the 25th, 2021 - A well known foreign company, the Belgian Gourmet company, has chosen Croatia and more precisely the Dalmatian hinterland in which to do business. The country and the area of Vrlika were chosen as the best among an array of other locations. As Novac/Jutarnji/Slobodna Dalmacija/Toni Pastar writes, the Belgian Gourmet company is heating up its project involving a chocolate factory in the work zone of Kosora near Vrlika, and one journalist from Slobodna Dalmacija was among the first ''tasters'' of the chocolate made by "The Belgian Chocolate Group". Products from their plant over in Belgium were offered…

ZAGREB, 24 Oct, 2021 - The Croatian Ministry of Agriculture put a HRK 30 million (€4m) aid scheme for sugar beet producers to public consultation earlier this week. The scheme will provide financial support to sugar beet farmers facing a slowdown or complete suspension of economic activity caused by the coronavirus pandemic. It should help them recover from losses, provide liquidity, restore the pre-pandemic level of primary production, maintain the present level of employment and prevent disruptions to the food supply chain.  The ministry said that the pandemic has hit hard nearly all sectors of the economy, including agriculture, and that in the…