Business

As Poslovni Dnevnik writes on the 26th of September, 2019, Croatian entrepreneur Mate Rimac's company, Greyp Bikes, has managed to raise nearly one million euros (7.4 million kuna) from interested investors through a public offering of a digital token they launched on Monday, which we reported on recently. Naturally, the popular company was expecting good results, according to Philip Nendl, project manager at Greyp Bikes, but they didn't by any stretch of the imagination expect that in the first 48 hours of launching the campaign, which is still a novelty in Croatia and around the world, they'd already ''have'' 2000…

ZAGREB, September 26, 2019 - Croatia ranks 51st in the IMD World Digital Competitiveness Ranking 2019 among the world's 63 leading economies, slipping seven spots from last year, the National Competitiveness Council (NVK) said on Thursday. The ranking was topped by the United States, ahead of Singapore, Sweden, Denmark, Switzerland, Finland, Hong Kong, Norway and the Republic of Korea. The results were published by the International Institute for Management Development (IMD) from Lausanne, of which the NVK is a partner. The IMD World Digital Competitiveness Ranking measures countries' capacity and readiness to adopt and explore digital technologies as a key…

ZAGREB, September 26, 2019 - Deputy Prime Minister and Minister of Finance Zdravko Marić on Thursday said that the decision to bail out the national flag carrier Croatia Airlines was not just economic but that there were economic grounds for it because of the domestic air carrier's importance for tourism. Asked why the government was bailing out Croatia Airlines with state budget funds, given that Slovenia's Adria Airways and the British Thomas Cook tour operator cannot count on that sort of support, Marić said that that was a "legitimate question that requires a responsible approach." "I am not happy or…

After their very succesfull transformation of Istrian town of Bale into a town-hotel, one of the world's leading tech companies, Dell Technologies, decided to turn Obonjan Island into the tech innovation island for a few days in September. And that came just a few months after Jared Leto converted Obonjan into his own personal party-island, so the conclusion that Obonjan has many faces is easily reached. Večernji list writes about the conference organized by Dell, called Go Beyond, which has brought over 200 people from over 20 European countries to Obonjan in the last week of September. They're sharing their…

Zadar County has decided to provide very welcome grants to micro-entrepreneurs and artisans from certain areas, including mountainous areas and the county's islands for the year 2019. As Morski writes on the 25th of September, 2019, at the public invitation which was previously issued, 23 applications were received, of which 21 were accepted, and for which a total of 175,339.24 kuna was approved. Mountainous areas of Zadar County include towns like Benkovac and Obrovac and the municipalities of Galovac, Gračac, Lišane Ostrovičke, Polača, Stankovci, Jasenice and Starigrad. In the category of islands, Zadar County includes all island municipalities in the…

When one thinks of foreign investment in Croatia, they likely think of the glorious Dalmatian coast and the endless opportunities that can (or rather, should, in a perfect world) present themselves to would-be investors from abroad, not Zagorje. While this continental region of Croatia is without a doubt beautiful, it doesn't command anywhere near the amount of promotion and attention that the Croatian coast does, again, with a particular emphasis placed on Dalmatia. Investing in Croatia is no easy feat, the Croatian Government have seemed to do everything in their power to make the experience as dangerous and as difficult…

ZAGREB, September 24, 2019 - The Cyprus-based KappaStar Group, an investment company owned by Serbian businessman Nebojša Saranović, is continuing to increase its stake in Croatia's Kraš confectioner, saying on Tuesday that it has passed the threshold of 10% and now owns 12.45% of Kraš shares. KappaStar reported that it now holds 186,653 shares in Kraš or 12.455%. KappaStar started buying into Kraš on 9 September when the largest individual shareholder in Kraš, the Braća Pivac meat industry, announced its intention to take over Kraš. Since then Saranović's KappaStar Ltd has actually bought the most shares and last week it…

More than encouraging news as five companies from Croatia rank excellently in the EMEA region's list of the 500 fastest growing technology companies.  As Poslovni Dnevnik writes on the 24th of September, 2019, Deloitte Global has announced the list of the 500 fastest growing technology companies in 2018 for the EMEA region. In the period between 2014-2017, the average revenue growth rate was an impressive 969 percent. The overall winner is the Swedish company Strossle International AB with an incredible growth rate of 19,900 percent. Sweden's Strossle International AB is at the forefront of Deloitte's ranking of the 500 fastest growing technology…

The location near MZLZ “Franjo Tuđman” (Zagreb International Airport) and the motorway was strategically selected, and construction on Croatian Post's new sorting centre initially began back in 2017. As Poslovni Dnevnik writes on the 24th of September, 2019, the largest investment in the history of Croatian Post (Hrvatska Pošta), an ultra modern sorting centre in which a massive 345 million kuna has been invested, and it was finally opened yesterday in Velika Gorica, near the City of Zagreb. Within the complex, which covers approximately 35,000 square metres in total, the sorting room itself occupies 11,000 square metres and packages will…

September 24, 2019 - The second conference on public relations for entrepreneurs and craftspeople PRpitch will be held on Thursday, 3rd October 2019 at The Westin Hotel Zagreb. The conference aims to make the entrepreneurs and craftspeople acquainted with the importance of public relations and instruct them on how communication could help them in developing their business doing. Thus, the motto of the conference is by PResentation to success. The event will start at 9.00 a.m. with the lecture PR A-Z, followed by interesting discussions on topics Let the Seventh Force be with  you!, PRs and foreigners – what kind of communication should follow the business-doing in…