Business

ZAGREB, July 17, 2019 - Slovenian and Croatian hauliers should be able to use every border crossing, officials of the two countries' chambers of trades and crafts have concluded at a meeting, the Croatian chamber said on Wednesday. They met in Ljubljana to discuss the issue of traffic flow across border crossings, concluding that the closure of some crossings has caused damage to both countries' hauliers and that it is also a political issue because of which both economies suffer. The president of the Croatian chamber, Dragutin Ranogajec, and his Slovenian counterpart Branko Meh were agreed that this problem demanded…

ZAGREB, July 16, 2019 - The Croatian Roads company, the Bosnian Communications and Transport Ministry and a contractor representative signed in Zagreb on Tuesday a EUR 19.5 million contract on the construction of a bridge across the Sava river from Okučani to the Croatian-Bosnian border. Including VAT, the contract is worth 23.5 million euro and the costs will be covered equally by Croatia and Bosnia and Herzegovina. The bridge will be built by a consortium comprising the Bosnian company Integral Inženjering and Croatian companies Đuro Đaković Montaža and Zagreb-Montaža. Croatian Transport Minister Oleg Butković, who was present at the signing…

ZAGREB, July 16, 2019 - The Zagreb-headquartered Fortenova Group has stated that it is going to sell 117 properties irrelevant for its core business: retail and food and agricultural production. It says on its web site that it "has started to dispose of non-core real estate and to this end the company has opened a special website in Croatian and English language." The company explains that "offers for purchase of real estate shall be received in two stages. In stage one, lasting from 15 July to 16 September 2019, non-binding offers will be collected, while the process of receiving binding…

ZAGREB, July 15, 2019 - Finance Minister Zdravko Marić said on Monday that a new set of measures that will reduce the labour costs would be presented by the end of the month, but stopped short of specifying them. On the margins of the international conference "Demographics, Jobs and Growth: Navigating the Future in Central, Eastern and Southeastern Europe", co-organised by the Croatian National Bank and the International Monetary Fund in Dubrovnik, the finance minister only said that when it came to income and net profit taxation, the tax reform had yielded the best results in those segments so far.…

ZAGREB, July 15, 2019 - The lack of qualified labour has become the main obstacle to growth in many countries, so it is necessary to create an environment which will motivate talented individuals to stay, and this includes raising salaries, Croatian National Bank (HNB) governor Boris Vujčić said in Dubrovnik on Monday. He was speaking at the opening of the international conference "Demographics, Jobs and Growth: Navigating the Future in Central, Eastern and Southeastern Europe", co-organised by the HNB and the International Monetary Fund. The conference focuses on labour market and demographic challenges, the future of labour, and policies needed…

As Novac/Viktor Vresnik writes on the 15th of July, 2019, Axel Kalinowski, director of the London Stock Exchange for Central and Southern Europe, has been working hard for years with representatives of Croatia's market as part of his task of building a bridge between the new Europe and London as the centre of global financial and capital flow. Novac and Kalinowski talked at the Esplanade Hotel in Zagreb, where he was Deloitte's main guest at a capital market conference. The Croatian market is very small, even if we look at it together with the Slovenian market. Does it make sense…

ZAGREB, July 15, 2019 - The Information and Communications Technology (ICT) Division of the Croatian Employers' Association (HUP) says that ICT should be defined as a strategic industry and that specific incentive measures should be taken to retain its specialists in the country and boost the sector's competitiveness. Presenting their demands to the government in the form of "five small measures" and an analysis of the ICT sector over the past ten years, the association's representatives told a press conference earlier this week that it was highly important for Croatia to keep its digital talent and professionals in the country…

ZAGREB, July 14, 2019 - The Croatian National Bank (HNB) and the International Monetary Fund (IMF) have organised the conference entitled "Demographics, Jobs and Growth: Navigating the Future in Central, Eastern and Southeastern Europe" which starts in the Adriatic resort of Dubrovnik on Sunday. This year’s conference "focuses on labour market and demographic challenges, the future of labour, and policies needed to sustain growth and reach Western European levels of income," the HNB says on its web site. "During the first part of the conference, panellists will discuss the economic developments and capacity constraints arising from labour market shortages and…

He is one of the most positive, dynamic and inspirational people I have met in my time in Croatia. When Ognjen Bagatin is not busy growing his extremely successful Bagatin Clinic - one of the leading in the region voted the best dermatology clinic in Europe last year - he can be spotted in suit and red and white Croatian chequered tie in various international cities promoting the Croatian medical tourism industry and strengthening links with the Croatian diaspora.  Bagatin is also a very good motivational speaker, and his latest speaking experience was at the 53 Business Cafe gathering in…

ZAGREB, July 13, 2019 - The water supply and wastewater management system in the towns of Trilj, Otok and Dicmo in the Split hinterland will be reconstructed and improved by the implementation of a 248 million kuna project co-funded by the European Union, and to this end two agreements were signed in Trilj on Saturday. Under this scheme, 133 million kuna will be set aside as non-repayable funds from the EU Operational Programme Competitiveness and Cohesion 2014 - 2020 . The water network and sewerage pipes as well as wastewater treatment facilities in the Trilj-Otok-Dicmo agglomeration will be reconstructed and…