Business

ZAGREB, September 11, 2019 - Minister of Environment and Energy Tomislav Ćorić said on Wednesday that he was satisfied with the interest shown in a tender for oil and gas exploration in the Dinarides and assessed that possible exploitation would reduce Croatia's energy dependency and fill the state and local budgets. "This is proof that hydrocarbon exploitation in Croatia is continuing and that we have started what we communicated in the beginning - that in addition to creating an infrastructure or alternative supply route, we are increasing production in Croatia," Ćorić told reporters outside Government House with regard to the…

ZAGREB, September 11, 2019 - In negotiations on wage increases for healthcare workers the government is not neglecting teachers or other public-sector workers, Finance Minister Zdravko Marić told reporters ahead of an inner-cabinet meeting on Wednesday. "We are not neglecting teachers or other services. We will continue talks. The situation is specific in that the collective agreement for teachers lasts for another three years while that for healthcare workers has expired. I should recall that ten days ago the base wage was increased for all by an additional two percent. We are ready for further dialogue," Marić said. He said…

Several Croatian companies have received an impressive sum of money for the development of ICT projects which will see their business improved. As Poslovni Dnevnik/Marija Brnic writes on the 10th of September, 2019, Minister of Economy Darko Horvat stated that in the first, cancelled tender, the planned amount of the program was 53 million kuna, and in the renewed call, an allocation of 200 million kuna was secured, which was fully utilised, and in the meantime, another 163 million kuna was secured, which will also be distributed among eligible projects over the coming days. Namely, a total of 1,299 applications…

Instead of interventionism and a new web search engine, the duo behind this Croatian startup wants to solve the problem of housing shortages on fintech principles. As Poslovni Dnevnik/Bernard Ivezic writes on the 10th of September, 2019, Worig is the first Croatian startup for long-term rental apartments. While answers to this burning problem all over Croatia is most often sought in state and city interventionism or in the creation of more advanced web search engines, this Split duo, brothers Nino and Deni Ćosić, approached the problem in a different way and created an impressive fintech startup. Nino Ćosić, CEO of…

ZAGREB, September 11, 2019 - Justice Minister Dražen Bošnjaković on Tuesday announced that his ministry in cooperation with the Economy Ministry would facilitate efforts of new companies entering the business world. Unlike the current process of starting up a company where business people are faced with several obstacles, the Start project, which is being implemented by the Economy Ministry, will enable companies to be established from their own home, Bošnjaković said during a business lunch organised by the American Chamber of Commerce (AmCham) in Zagreb "That is part of the Start project and we want to facilitate entering the business…

September 10, 2019 - Continuing our look at the speakers for this week's inaugural Entrepreneurial Mindset conference in Zagreb on September 12. Next up, Luka Abrus from Five. It quickly sold out and there is a waiting list of hundreds should tickets become available. This week's Entrepreneurial Mindset conference in Zagreb is the first of its kind in Croatia, and it includes a top draw list of speakers, several of the most successful entrepreneurs in the country.  TCN will be covering the event and we continue our series interviewing some of the key speakers. Our latest guest is Luka Abrus,…

ZAGREB, September 10, 2019 - The Croatian Hydrocarbon Agency (CHA) has received one bid for a tender to issue licences for the exploration and exploitation of oil and gas in the area called Dinarides, the agency stated on Tuesday. The call for bids was advertised on February 8 and closed at midday today and a deadline for licence issuance expires this December. "We are satisfied because a bid has been made and this tender has ended successfully and we should not forget the fact that this is still an unexplored territory. We are also satisfied that all the tenders for…

Swiss Twint, a mobile payment application (app) developed by a Zagreb-based software company, has made a strong impression in the EU. As Poslovni Dnevnik/Bernard Ivezic writes on the 10th of September, 2019, Zagreb's Q Software, according to Deloitte, is the third fastest growing high-tech company in Central Europe and among the twenty fastest growing in the whole of Europe, and they're now expecting new jobs thanks to a new type of roaming. Following the introduction of mobile roaming in telecommunications imposed by the European Commission (EC), Swiss banks have now initiated the next major business alignment in the EU -…

September 9, 2019 - Continuing our look at the speakers for this week's inaugural Entrepreneurial Mindset conference in Zagreb on September 12. Next up, EY supremo, Berislav Horvat. It quickly sold out and there is a waiting list of hundreds should tickets become available. Next week's Entrepreneurial Mindset conference in Zagreb is the first of its kind in Croatia, and it includes a top draw list of speakers, several of the most successful entrepreneurs in the country.  TCN will be covering the event and we continue our series interviewing some of the key speakers. Our latest guest is co-organiser and…

ZAGREB, September 9, 2019 - The Paying Agency for Agriculture, Fisheries and Rural Development on Monday signed 146 new agreements worth a total of 45.7 million kuna intended for young farmers. The agreements were concluded within the EU-funded scheme for young farmers. Attending the ceremony, Agriculture Minister Marija Vučković underscored the ministry's priority in the generational renewal of farms and rural areas. Without that support, without young people, without renewing the agriculture sector, there is no future, she said. To date there have been three rounds of calls for applications for support for young farmers and 1,343 projects have been…