Business

Croatian companies face many obstacles when doing business, and the state tends to be the one throwing barriers up left right and centre, often forcing companies to relocate to other EU countries in which the situation for entrepreneurs and doing business is much more favourable. While running a business in Croatia is far from easy, there are exceptions to the general rule (or at least the general rule which continues to be the most commonly held belief among Croats), that nobody can succeed here unless they're well connected or members of a certain political party. Infobip, a truly impressive Croatian…

November 17, 2019 - Black Peel Mask treatments come to Croatia, as Bagatin Clinic extends its message to Argentina.  The more I write about Croatia and the longer I live here, the more amazing successes and untold stories I discover. While many are emigrating and complaining of the lack of opportunity, I find that the opposite is true, but there is a reason for that disconnect.  Very few people are telling their stories or sharing their success.  One exception to this is Mate Rimac, of the phenomenally successful Rimac Automobili. Pictured about at the Entrepreneurial Mindset conference in Zagreb, where…

November 16, 2019 - Croatian rent-a-car company Carwiz has opened its first rental office in the United States. HRTurizam writes that Croatian car rental company Carwiz has positioned itself as a leader in this segment in a short time - and in just a year, made a major leap forward, unthinkable to many at the time, and attacked and expanded into the global market through a franchise model. Thus, Carwiz became a Croatian export product and part of the tourism sector. In less than a year, through its franchise model, Carwiz is already present in 15 international markets, and it is with…

According to the founders of Submarine, the top Croatian craft burger restaurant chain, a burger doesn't have to be exclusively fast food. It can be enjoyed slowly as a delicious and balanced meal on a plate at a table accompanied by loved ones, a dog or good music. Their company is growing year after year and will finish 2019 with 32 Million HRK in revenue. Largest Croatian Brand of Craft Burgers As Boris Orešić/Novac/JutarnijList reports on November 15, 2019; a burger can also be savored in a space decorated to attract attention. If anyone is interested in seeing how their…

As Filip Pavic/Novac writes on the 15th of November, 2019, Josip Roglić, a member of the Supervisory Board of the Orbico Group and the son of the owner of the Orbico company, Branko Roglić, has now founded the Croatian-Polish Development Association, which was founded with the aim of expanding economic, scientific, educational and cultural ties between Croatia and Poland. ''Having participated in the family business for the last five years, I've travelled a lot to Warsaw and it occurred to me to establish an association that would connect Croatian and Polish businesses,'' explained Josip Roglić, who is also the President…

The Rasco company from Kalinovac, one of the biggest European producers of municipal equipment, started the upcoming winter season with a large delivery of street-maintenance vehicles, including snowplows, to some of the biggest countries in Europe. Most people in Croatia wouldn't be able to point to Kalinovac on a map of Croatia confidently, but that's where the home of a significant Croatian manufacturing and exporting company is. In the last several weeks, 75 winter street maintenance vehicles were sent to Norway, and over a hundred to Ukraine, tportal writes. The vehicles involved are their salt spreaders and snowplows. Before the…

ZAGREB, November 15, 2019 - Croatia's INA oil company intends to buy the Banja Luka-based Krajinapetrol company to expand its existing network of petrol stations in Bosnia and Herzegovina, the Bosnian business news website capital.ba said on Friday. According to capital.ba, INA has received the green light from Republika Srpska's (RS) Energy and Mining Minister Petar Đokić that it can conduct due diligence at Krajinapetrol before making a final decision on the possible purchase of a majority stake. Krajinapetrol's current majority owner is the entity's government and related shareholders' funds, while INA currently owns 9.7% of the company's shares. The…

ZAGREB, November 15, 2019 - Entering the euro area will mean "the end of the agony" for Croatian exporters as the threat of the kuna gaining will be eliminated and the same rules will apply as in other EU member states, a panel in Šibenik heard on Friday. The panel on the impact of the introduction of the euro on exports was held as part of the 18th Croatian Bank for Reconstruction and Development conference on export stimulation. Finance Minister Zdravko Marić said Croatia could introduce the euro in 2023 but that this was not only up to it. Croatia…

November 14, 2019 - The second Adria Business Network event was held at the Algebra LAB in Zagreb, organized by entrepreneurs Željka Barišić and Kristina Krstinić. The event is aimed at business networking in Croatia and the region, creating business opportunities and encouraging continuing education. Through the event, everyone is offered the chance to find new clients and enter into lucrative deals. Guest lecturer Damir Bicanic, head of Funderbeam SEE, pointed out what is needed to receive an investment through the Funderbeam platform, how many investors are currently within the platform, and what projects have been invested in since January…

ZAGREB, November 14, 2019 - Croatia's real GDP growth picked up in the third quarter of 2019, the Croatian National Bank (HNB) said in a statement from a meeting of the HNB Council on Thursday. The HNB Council discussed a report on the latest economic and monetary trends and adopted a semi-annual report on the financial situation, the degree of price stability and the implementation of monetary policy in the first half of 2019. According to available monthly indicators, real GDP growth accelerated in the third quarter of 2019. Following stagnation in the second quarter, unemployment continued to decrease, while…