Business

September the 11th, 2021 - Cryptocurrency is in the news more and more frequently of late, either for good or bad reasons. This popular way of investing and it being outside the realm of much government control has proven popular, and as it leaks into the mainstream, people are able to do more and more with it. Mate Rimac, who is perhaps the most forward-thinking entrepreneur in Croatia, has now allowed his Greyp Bikes to be purchased with it. As Poslovni Dnevnik writes, thanks to the cooperation of Mate Rimac's Greyp Bikes and PayCek, the leading Croatian cryptocurrency payment processor,…

September 11, 2021 - The DroneDays 2021 event will turn Biograd na Moru near the popular city of Zadar into an aerial robotics mecca from October 4-5. Airplanes are fun, but unless yo're a pilot, you can only passively enjoy the stunning aerial view as you travel the beaten path managed by the captain in a cockpit. No control, no say on the height or the direction of the above ground observing experience. Although providing that exciting sense of freedom of flying on a screen only, drones are much better options for those who want to take control of an…

ZAGREB, 10 Sept 2021 - The Croatian Chamber of Agriculture (HPK) said on Friday that without concrete and swift measures from the government livestock and milk production would collapse.  The HPK announced that next week it would again organise meetings of all six committees relating to the livestock sector to examine the situation and propose urgent measures to prevent a collapse of livestock and milk production. This year has been extremely hard for livestock farmers, whose position on the national and common market is currently affected by the adverse impact of the COVID-19 crisis, the HPK said. "This year has…

ZAGREB, 9 Sept 2021 - The international developer conference Infobip Shift, held in the coastal city of Zadar on 7-8 September, brought together 3,000 participants from around the world and an additional 10,000 online participants. The event ended with Infobip co-founder Silvio Kutić's message that the company wanted to present Croatian know-how to the rest of the world and link domestic experts with the biggest global companies. The event, which was addressed by more than 60 experts-speakers, presented the latest topics in the developer and IT world. "We brought in one place representatives of global technology giants like Google, Amazon, and Microsoft and of excellent…

ZAGREB, 9 Sept 2021 - The Union of Platform Workers (SRDP), the first trade union of that kind in Croatia, has been established as part of the SSSH trade union federation in response to the unenviable status of those workers and the restriction of their rights, the SSSH said on Thursday. The SRDP was established in June, after which it was registered with the Labour, Pension System, Family, and Social Policy Ministry. SRDP leader Mile Krivokuća said that self-employed platform workers do not have, among other things, the right to paid sick leave or holiday, they do not have a determined minimum price of…

ZAGREB, 9 Sept 2021 - The businesses registered in Varaždin County recorded the consolidated net profit of HRK 1.3 billion in 2020, up 22.3% from 2019, and had also 1.6% more employees last year than in 2019, according to an analysis of the Financial Agency (FINA). Last year, the total revenues of the 4,276 businesses that had their main offices registered in that northern Croatian county stood at HRK 27.5 billion, down by 0.3% on the year, and their total expenditures were cut by one percent to HRK 26 billion. In terms of revenues, the food company Vindija topped the…

September the 9th, 2021 - The Rijeka robotics startup Stemi has been invested in by Damir Sabol and the remarkable Vodnjan company Infobip, which has become widely known and well respected over the last few years. As Novac/Bernard Ivezic writes, Infobip and Damir Sabol have invested in the Rijeka robotics startup Stemi, a startup which successfully developed the very first Croatian educational robot and created an educational platform around it that reaps good results across the Atlantic in the USA. The trio announced the above at the jubilee tenth Infobip Shift conference in Zadar, and this is Infobip's first investment…

ZAGREB, 8 Sept, 2021 - The main Zagreb Stock Exchange indices weakened on Wednesday amid a very modest turnover, with the most traded stock being that of the Plava Laguna hotel chain. he Crobex fell by 0.41% to 1,954 points while the Crobex10 fell by 0.3% to 1,200 points. The construction sector index recorded the highest increase among sector indices, of 1.91%, while the food sector index decreased the most, by 0.22%. Regular turnover amounted to HRK 4.6 million or about 600,000 less than on Tuesday. Not one stock crossed the million kuna mark in turnover. The most liquid stock was the…

September the 8th, 2021 - The Croatian tourism sector has an enormous amount to be happy about so far this season, as the height of it passed with a massive jump of 146% in issued receipts from within the sector. As Poslovni Dnevnik/Ana Blaskovic writes, in a small Mediterranean country that lives primarily from tourism and personal consumption, the news of record fiscalisation will not only put a spring in the step of the finance minister, Zdravko Maric. The value of fiscalised receipts issued in the Croatian tourism sector last week increased by 39 percent compared to the same period…

ZAGREB, 7 Sept, 2021 - The Zagreb Stock Exchange (ZSE) Crobex index increased by 0.16% to 1,962 points on Tuesday, while the Crobex10 weakened by 0.01% to 1,204 points. Regular turnover was HRK 5 million. The most traded stock was the Arena Hospitality Group, turning over HRK 993,000. It closed at HRK 322 per share, up 1.9%. Thirty-seven stocks traded today, with 14 gaining in price and 12 losing, while 11 were stable. (€1 = HRK 7.492048) For more about business in Croatia, follow TCN's dedicated page.