Business

October 9, 2019 - The 3rd edition of the Adriatic Health, Sport & Tourism Forum will be held at the Westin in Zagreb once more from October 20-22.  The potential of Croatia's medical tourism industry will once more be in the spotlight later this month, as the 3rd Adriatic Health, Sport & Tourism Forum will take place at the 5-star Hotel Westin in Zagreb from October 20-22.  Many international experts agree that Croatia has the potential to be in the top 10 countries in the world within ten years, and this year's forum has a quality lineup of Croatian and…

ZAGREB, October 9, 2019 - Representatives of the European Commission and the Croatian government will meet in Zagreb next week to discuss the use of EU funds in the period from 2021 to 2027, when there will be less money available to all EU member states, it was said at the European Week of Regions and Cities conference in Brussels on Tuesday. This will be the second such meeting after last month an informal dialogue started in anticipation of the next seven-year period financial period. The Croatian side is expected to be led by Regional Development and EU Funds Minister…

Mateo from Rijeka, Croatia, arrived in the Canadian city of Toronto with some of his personal belongings and five thousand Canadian dollars, three thousand of which were his savings throughout the years, and a thousand dollars were given to him by his family. He didn't know anyone, and he didn't have a recommendation, writes Poslovni Dnevnik on the 8th of October, 2019. Mateo Polić was born in 1990 in the Northern Ariatic city of Rijeka, where he graduated from school, after that, he graduated from the Faculty of Economics in Zagreb, majoring in Business Economics. While studying in Zagreb, he…

ZAGREB, October 7, 2019 - In the second quarter of 2019, Croatia was among EU countries with the most marked increases in housing prices compared to the same period of 2018, and those price increases were more than two times higher than the European average, show figures released by the European statistical office Eurostat on Monday. Prices in Croatia grew 10.4% in Q2 compared to Q2 2018. The growth of house prices thus picked up year-on-year, after a 7.4% increase in the first three months of 2019. A more marked increase in housing prices was reported also by Hungary, +14%,…

ZAGREB, October 7, 2019 - A total of 51,337 new cars were sold in Croatia in the first nine months of this year, an increase of 2.5 percent on the same period last year when 50,073 vehicles were sold, according to data from the Promocija Plus market research agency. Volkswagen was the most popular car brand, with 6,722 vehicles sold and a share in total car sales of 13.09 percent. It was followed by Renault (4,972 cars and a share of 9.69 percent), Opel (4,800 cars and a share of 9.35 percent), Skoda (4,793 cars and a share of 9.34…

The Croatian startup scene has been given a new opportunity since Fil Rouge Capital entered the market. Marko Repecki writes for index.hr about the new venture capital fund which has found its way to the Croatian market this summer, as he spoke to Stevica Kuharski, one of the partners in the fund. Stevica is a well-known fixture on the Croatian startup scene, having been a serial entrepreneur on his own (Locodels is probably his most successful project thus far), and he's made his way to "the other side", now helping find and distribute the funds provided to the Croatian companies.…

ZAGREB, October 6, 2019 - European funds are changing Croatia for the better, Minister of Regional Development and EU Funds Marko Pavić said at the EU Funds Fair in the coastal city of Šibenik on Sunday. Pavić said that at the start of the term of the present government Croatia's contracting rate of European funds was 9 percent, while now it is 75 percent. A total of 22 billion kuna has been paid out, which is equivalent to the cost of six Pelješac Bridges, he added. "EU funds are changing Croatia by improving its healthcare system, where 1.7 billion kuna…

ZAGREB, October 6, 2019 - Prime Minister Andrej Plenković on Saturday visited the construction site of the HEP power company's Korlat Wind Farm near Benkovac, which is worth HRK 500 million, will have 58 MW of power and be put into operation in August 2020. The expected annual output of 170 GWh, or 1% of the annual electricity consumption in Croatia, will be enough to supply more than 50,000 households, HEP said in a press release. "This investment... is indeed important because it shows that HEP, as Croatia's strongest and most important energy company, has a good understanding of the…

As Novac writes on the 5th of October, 2019, the Pevec retail chain has now officially opened a brand new retail centre in Vukovar, which covers an area of ​​5,000 square metres in total. The construction of the centre is the start of a unique retail park complex that will open next year and will eventually cover nearly 10,000 square feet. ''I'm extremely pleased that we were able to build this facility, the first in Vukovar-Srijem County. Securing jobs and allowing many families to remain here, at the symbol of the Homeland War, is invaluable. Time and time again I…

ZAGREB, October 5, 2019 - The Chamber of Commerce of the northern Serbian province of Vojvodina and the County Chamber of Commerce of the northern Croatian coastal city of Rijeka signed a cooperation agreement in Novi Sad on Friday, Vojvodina television said. The agreement was signed at the 52nd International Tourism Fair by the president of the Chamber of Commerce of Vojvodina, Boško Vučurević, and the president of the County Chamber of Commerce of Rijeka, Vidoje Vujić. "The agreement aims to improve cooperation in the economic area, with emphasis on food, wine and health tourism," Vučurević said, adding that the…