Business

ZAGREB, 13 March 2021 - Labour Minister Josip Aladrović and deputy director of the National Foundation for Civil Society Development Luka Bogdan presented eight contracts in Zadar on Friday worth nearly HRK 10 million for projects to strengthen the capacities of old and new social enterprises and entrepreneurs. "Today, we signed contracts with entities that are just starting and that are developing their business in accordance with principles of social entrepreneurship," said Labour, Pension System, Family and Social Policy Minister Josip Aladrović, noting that the ministry has provided over HRK 112 million to encourage social entrepreneurship. The pandemic and crisis…

March the 13th, 2021 - The Hrvatski Leskovac-Karlovac railway project tender has been forced to grind to a halt once again as the Chinese throw a spanner in the works in the form of another complaint. As Poslovni Dnevnik writes, the Chinese have once again stopped the tender for the reconstruction/construction of the second track on the Hrvatski Leskovac-Karlovac railway section, worth a total of 2.04 billion kuna. The tender was launched back on September the 4th last year, and the first deadline for submitting bids was November the 3rd, 2020. However, so far there have been a total of…

March the 13th, 2021 - It seems that the state is set to step in after all with intervention aid for a long suffering industry that has been dealt a heavy blow by the ongoing pandemic - Croatian bus companies. As Poslovni Dnevnik/Darko Bicak writes, at a recent session, the Croatian Government accepted the bill on amendments to the Law on Road Transport, which will provide emergency assistance to Croatian bus companies, more specifically those carries which are continuing to uphold and maintain what have now become unprofitable lines. The Croatian Employers' Association (HUP/CEA) hopes that this bill, which is…

ZAGREB, 12 March, 2021 - Labour Minister Josip Aladrović and deputy director of the National Foundation for Civil Society Development Luka Bogdan presented eight contracts in Zadar on Friday worth nearly HRK 10 million for projects to strengthen the capacities of old and new social enterprises and entrepreneurs. "Today, we signed contracts with entities that are just starting and that are developing their business in accordance with principles of social entrepreneurship," said Labour, Pension System, Family and Social Policy Minister Josip Aladrović, noting that the ministry has provided over HRK 112 million to encourage social entrepreneurship. The pandemic and crisis…

ZAGREB, 12 March, 2021 - Croatia's industrial producer prices fell by 0.8% in February 2021 compared with the same month in 2020, while increasing by 1.4% from January 2021, according to the data from the National Bureau of Statistics (DZS). The annual downward trend has been present since March 2020 when industrial producer prices dropped by 2.7% compared with March 2019. The 0.8% decrease in February 2021 is the lowest in the last 11 months, while the highest annual decline was recorded in May 2020, of 6.6%. In February 2021, compared with January 2021, industrial producer prices rose by 1.3%…

March 12, 2021 – In the last few years, we have witnessed a massive development of artificial intelligence, and in addition to its technological aspect, artificial intelligence also concerns ethics. To answer the question of whether a universal code of ethics for artificial intelligence is possible, the Institute Sapiens, CroAI Association, and FutureHR Consulting Association will host an online event, "Global AI Ethics Webinar." Is a universal code of ethics for artificial intelligence really possible? And if so, what would its implementation by the different countries look like? An interactive conference on AI and ethics will take place online on…

March 12, 2021 – In presenting its members, Croatia's first and only organization of MBA professionals – MBA Croatia Association – impersonates Stephanie E. Trpkov. As an entrepreneur and World Bank consultant, she explained why knowledge is the key to everything and why she always seeks excellence. Stephanie E. Trpkov is an entrepreneur, director of Intech Ventures d.o.o. and a longtime consultant at the World Bank in competitiveness and energy. Besides, she is an expert advisor at the Executive Agency for Small and Medium-sized Enterprises (EASME) to develop innovation projects. With a career focused on low-carbon transition, digital transformation, and…

ZAGREB, 11 March, 2021 - After a slight drop on Wednesday, the Zagreb Stock Exchange (ZSE) Crobex index rebounded on Thursday, increasing by 0.12% to 1,864.90 points, while the Crobex10 continued its upward movement for the fourth day in a row, closing up 0.25% at 1,166.04 points. Turnover at the close of the trading session reached HRK 7.3 million, about 2 million less than on Wednesday. The highest turnover, of HRK 2.25 million, was generated by the stock of the HT telecommunications company. It closed at HRK 192 per share, up 2.13%, its highest price since June 2013 when it…

March the 9th, 2021 - Croatian coronavirus state aid, introduced as part of an economic/job preservation package by the government, has helped many keep their heads about water during these unprecedent times. Many enterprises have now returned that money. As Poslovni Dnevnik/Marija Brnic writes, Solin-based automotive component maker Ad Plastik is the first Croatian enterprise to publicly announce this year that it is returning its Croatian coronavirus state aid which was received last year, at a time when it was forced to suspend production due to the coronavirus pandemic and the subsequent lockdown. In an interview with Jutarnji list, the…

ZAGREB, 8 March, 2021 - Women account for 16% of management board members of the companies listed on the Zagreb Stock Exchange and for 22% of supervisory board members, the Croatian Financial Services Supervisory Agency (HANFA) said on Monday, citing data from the court register. In a statement marking International Women's Day, HANFA said that its corporate governance code shows that Croatia and the EU are still far from gender equality on the management and supervisory boards of listed companies. According to HANFA, there has been a considerable change in the gender structure of the supervisory boards of companies listed on…