Business

Thursday, 8 August 2019

Pelješac Bridge: Strabag Lodges Complaint against Avax

ZAGREB, August 8, 2019 - The State Commission for Supervision of Public Procurement Procedures has confirmed to Hina that the Austrian construction company Strabag has filed a complaint against the selection of the Greek company J&P Avax as the contractor to build southern access roads to the Pelješac Bridge. The project in question concerns two sections of the Ston bypass road. Even though officials at the Commission could not confirm it, this complaint, which is one in a number of similar complaints that could slow down the construction of roads leading to the Pelješac Bridge, concerns Strabag's claim that a…
Thursday, 8 August 2019

Former Pula Shopping Mecca Left to Become Ghost Town

As Poslovni Dnevnik writes on the 8th of August, 2019, the huge building near the city market in Pula covers 8,000 square metres and five floors. Unfortunately, this huge space with obviously endless potential is now nothing more than a ghost building. Construction initially began back in 1975 almost parallel to the building of what is currently Otp banka, the former Istrian bank (Istarska banka). Pula locals remember the centre with sadness and nostalgia, as their thoughts take them back to what the centre once was, back in the 1980s, writes HRT. ''You could find the goods you wanted like…
Thursday, 8 August 2019

Croatia's Carwiz Rent-a-Car Now Operating in South Korea!

As Marija Crnjak/Poslovni Dnevnik writes on the 7th of August, 2019, Croatia's Carwiz rent-a-car service has now entered into a cooperation agreement with a South Korean partner, Dongbo Air Service, one of the largest car, air, rail and water service providers in the whole of South Korea. "Our entrance onto the market of South Korea is a step based on analysis and figures, so we're pleased that the partners have accepted our proposal with both hands. It is important to point out that the market is changing, as are the habits of South Korean tourists, who have in recent years…
Thursday, 8 August 2019

Bugatti Interested in Working with Croatia's Mate Rimac?

As SEEbiz.eu/autonet writes on the 7th of August, 2019, rumours that Bugatti has been interested in developing and launching a crossover have been roaming the auto industry for some time now, but the details have remained left to speculation. Could Croatia's Rimac Automobili play a part in that story? With that being said, recent information indicates that the Moslheim team is very interested in an electrically powered crossover, and Mate Rimac's one and only Rimac Automobili could be the one to play a significant role in all of this, according to a report from autonet. At first, it was rumoured…
Wednesday, 7 August 2019

ECB to Conduct Stress Test of Five Croatian Banks

ZAGREB, August 7, 2019 - The European Central Bank (ECB) said on Wednesday it would carry out a stress test of five Croatian banks, a preliminary step in Zagreb’s bid to join the euro zone, Reuters reported. According to the article headlined "ECB to test five Croatian banks as country aims for euro entry" those banks are Zagrebačka banka, Privredna banka Zagreb, Erste & Steiermärkische Bank, OTP banka Hrvatska and Hrvatska poštanska banka The results can be expected in May 2020, the ECB added. "Croatia last month submitted a formal bid to join the European Exchange Rate Mechanism (ERM-2), an…
Wednesday, 7 August 2019

Split and Dubrovnik for Amending Laws over Bad Sides of Taxi Market Liberalisation

SPLIT, August 7, 2019 - The mayors of Split and Dubrovnik, Andro Krstulović Opara and Mato Franković, who have recently held a series of meetings on negative effects of the liberalisation of the taxi services market on those two coastal cities, have sent letters to Prime Minister Andrej Plenković and Transport and Infrastructure Minister Oleg Butković with proposals how to amend the relevant legislation. The two mayors emphasise that the liberalisation of the market which has been enabled by existing Road Transport Law, has negatively affected normal street traffic, which is causing problems also for emergency services, according to a…
Wednesday, 7 August 2019

Bošnjaković: Government Willing to Help 3. Maj Shipyard

ZAGREB, August 7, 2019 - Justice Minister Dražen Bošnjaković said on Tuesday that the government had shown its willingness to help the Rijeka-based 3.Maj shipyard last week when it decided to get involved in efforts to help this ailing company. "The company's account was blocked due to debts in the amount of more than 150 million kuna. The management has manged to resolve nearly a half of that amount, it has reached agreement with creditors to withdraw their claims. The blockade now refers to some 86 million kuna in receivables. Now it is necessary to ensure funds to deal with…
Tuesday, 6 August 2019

Plenković Says 3.Maj Shipyard Has Reassuring Plans

ZAGREB, August 6, 2019 - Prime Minister Andrej Plenković on Tuesday visited the Rijeka-based 3.Maj shipyard and after he was informed by the dock's management about the current state of affairs and the future plans, the premier said that all what he heard during the talks was encouraging. Plenković, accompanied by Economy Minister Darko Horvat, Transport Minister Oleg Butković and Justice Minister Dražen Bošnjaković, held the talks with the company's director Edi Kučan who informed them of plans to complete the three ships under construction, two of which are in the 3.Maj dock and one in the Viktor Lenac dock.…
Tuesday, 6 August 2019

Towns Sign 314 Million Kuna Worth of EU-Funded Projects in 2018

ZAGREB, August 6, 2019 - A Finance Ministry analysis of data on budget execution in 2018 shows that last year Croatian towns absorbed more than 314 million kuna from EU funds, three times more than in 2017, when 89 million kuna was absorbed, with the northern Adriatic port city of Rijeka and the island town of Komiža being the most successful, according to the gradonacelnik.hr web portal. Last year towns signed ten times more contracts for EU-funded projects than in 2015 and three times more than in 2017, with projections for this year indicating a further increase. Apart from the…
Tuesday, 6 August 2019

Unions Call for Applying Same Criteria to All Shipyards

ZAGREB, August 6, 2019 - The leader of the Jadranski Sindikat trade union, Boris Cerovac, asked on Tuesday that Prime Minister Andrej Plenković, who was expected to visit the Rijeka-based 3. Maj shipyard with three government ministers during the day, apply the same rules to the ailing Uljanik dock as are those applied to other Croatian shipyards. Addressing a news conference in Pula, Cerovac welcomed the government's decision to try to salvage 3. Maj but expressed dissatisfaction with the way the government had been treating the Pula-based Uljanik dock over the past year and a half. Cerovac also criticised local…
Tuesday, 6 August 2019

Offers Arrive for Hotel Plitvice Renovation: 100 Million Kuna Investment

As Novac/Dora Koretic writes on the 6th of August, 2019, judging by the documentation published in the Official Gazette, the reconstruction of the Plitvice Hotel located inside the much loved national park, an architectural building originally designed by Marijan Haberle (Croatian architect), will be carried out by the 3LHD architectural studio or the Arta Design (Projektiranja) firm from Zagreb. Namely, the two companies were the only ones to submit a binding tender in the design documentation tender for the reconstruction of this now-neglected and dilapidated concrete ''specimen'' of post-war domestic modernist architecture, in which Plitvice National Park, according to the…

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