Business

December the 1st, 2020 - Croatian Roads has continued to function well despite the massive drop in tourist traffic this year, as well as the multitude of economic issues caused by the ongoing pandemic. As Poslovni Dnevnik writes, it goes without saying that the pandemic caused by the novel coronavirus this year has significantly affected most industries across Croatia and throughout all of Europe, especially in the transport segment. However, over the last three years, Hrvatske autoceste/Croatian Roads has been carrying out business and financial restructuring as part of the “Modernisation and Restructuring of the Road Sector (MARS)” project launched by…

December the 1st, 2020 - Digitisation is a rather sore topic in Croatia, which is well known for its often draconian policies and bizarre, semi-masochistic love of paperwork, stamps and all things quite historic. Despite this, the coronavirus crisis has pushed Croatia deeply (and somewhat forcibly) more towards digitisation. Croatian agriculture has also benefited. As Poslovni Dnevnik writes, after an extremely challenging 2020, which, in addition to economic uncertainty caused by the ongoing coronavirus pandemic, also brought with it enormous pressure to maintain the continuity of everyday business processes, Agrivi expects that 2021 will bring stabilisation and, in general, a…

November 30, 2020 - On a small hill with a beautiful view of Marina Veruda, a super luxury villa in Pula is emerging, which the owners Paola Crevatini Rebsamen and her husband Armand Rebsamen called Seven Hills. The name is clear when it is known that Pula was built on seven hills, and this is exactly how this enterprising Croatian-Swiss duo, currently with a permanent address in Switzerland, wanted to pay tribute to the hometown of Paola, which has returned to its roots. "Speaking of history, even the name of the Seven Hills villa takes into account the position of Pula on…

November the 30th, 2020 - The Croatian economy has been dealt a very heavy blow this year as a result of the ongoing pandemic and all of the economic downturn caused by it. Despite that, the proverbial show must go on and investments must continue in order to pull ourselves out of this unprecedented situation. What are the main points of focus for the Croatian economy within the much talked about Green Plan? As Poslovni Dnevnik/Darko Bicak writes, Vladimir Nisevic, the editor-in-chief of Poslovni Dnevnik, pointed out that Croatia's destiny, both in terms of recovering from the economic difficulties which…

Despite the ongoing issues caused by the coronavirus pandemic, which dealt a heavy blow to numerous sectors such as imports and exports, Croatian agricultural production managed to see some growth. As Morski writes, according to the first provisional estimates released by the Central Bureau of Statistics, Croatian agricultural production in 2020 increased by 4.7 percent when compared to the results garnered last year, rising from 17.9 billion kuna to an impressive 18.8 billion kuna. On top of that, an increase in net value added and productivity of almost 10 percent was recorded. ''The data on the increase in net value…

As Marija Brnic/Poslovni Dnevnik writes on the 27th of November, 2020, Croatia remains the record holder in the EU in terms of the number of free zones. Out of a total of 72 after Brexit, there are 11 Croatian free zones. It's true that two of these Croatian free zones are in the process of liquidation, and one is inactive, but even without them, Croatia is at the top, along with the Czech Republic, which also has eight zones, and Poland and Spain have seven each. Port areas Although after joining the EU it was expected that the interest in doing…

ZAGREB, Nov 27, 2020 - The Croatian Chamber of Commerce (HGK) said on Friday that it would suspend collecting membership fees from the companies whose business activities are restricted by the latest anti-COVID measures. The decision on the suspension of the fees concerns the period from 1 November to 31 December, the HGK said in a press release. Thus, the Chamber waives the membership fees for restaurants and bars, transport services, gyms, and businesses providing education and training courses in sports and entertainment. HGK has proposed to the authorities to introduce a moratorium on enforcement actions conducted by the Tax Administration and moratoriums…

ZAGREB, Nov 27, 2020 - Compensation measures for businesses affected by the new lockdown are expected to be discussed over the weekend and presented to employer organisations early next week and then to the public, Labour Minister Josip Aladrovic said after a meeting on Friday. The meeting involved ministers from economy-related departments and representatives of the Croatian Employers Association (HUP), the Croatian Chamber of Commerce (HGK), the Croatian Chamber of Trades and Crafts (HOK), the Voice of Entrepreneurs association and associations of bar and restaurant owners. The associations are seeking compensation for losses to be incurred during the lockdown. "We have taken note…

As Poslovni Dnevnik/Lucija Spiljak writes on the 26th of November, 2020, the Croatian Government has launched a public consultation on the National Plan for the Development of Broadband Access in the Republic of Croatia in the Period from 2021 to 2027, which imposes itself as the main precondition for the development of very high capacity networks (VHCN), even in the most rural areas of the country. Is a truly Digital Croatia closer than ever? The plan follows not only the domestic plans for a more digital Croatia, but the wider strategic goals of the European Union's broadband approach as formally…

November 26, 2020 - Continuing our tour of Croatia's most successful town for the economy, Sveta Nedelja Beyond Rimac visits 120 years of pharmaceutical excellence at Dechra Genera.  The electric hypercars and advanced technology of Rimac Automobili may be the most famous show in town in Sveta Nedelja, but it is by no means the oldest. As young entrepreneur Mate Rimac started a company with dreams of creating the fastest electric car in the world a decade ago, a company called Genera, specialising in veterinary and plant products, was celebrating 110 years since its founding. Five years later, its commitment…