Business

Saturday, 29 January 2022

Tesla's Nest: Luxury Lika Resort Construction Began, As Did Problems...

January the 29th, 2022 - Tesla's Nest, a luxury Lika resort which was due to spring up in Croatia's green heart, more precisely in Lovinac, encountered issues as it was being constructed. A true Croatian tale of red tape suffered by well-known investor Goran Strok. As Poslovni Dnevnik writes, Tesla's Nest in Lovinac was supposed to be the a luxury Lika resort owned by investor Goran Strok. Construction began almost three years ago and envisions an investment totalling 15 million euros in luxury wooden houses on an artificial lake was planned. Construction halted halfway through. The project is still hampered by…
Friday, 28 January 2022

ZSE: Crobex Indices Up

ZAGREB, 28 Jan 2022 - The main Zagreb Stock Exchange (ZSE) indices went up on Friday, the Crobex by 0.09% to 2,125 points and the Crobex10 by 0.27% to 1,296 points. Regular turnover was HRK 4.6 million, about 1.5 million less than on Thursday. The most traded stock and the only one to cross the million kuna mark was Atlantska Plovidba shipping company, which turned over HRK 1.14 million. It closed at HRK 387 per share, up 4.03%. Thirty-seven stocks traded today, with 15 increasing and 12 decreasing in price, while ten were stable. (€1 = HRK 7.526395) For more, check out…
Friday, 28 January 2022

Typeqast and Valcon Group Merge, Plans to Grow to 500 Employees

January 28, 2022 - The software company Typeqast, which has been operating in Croatia since 2017 and employs about 200 people in offices in Split, Zagreb, and Osijek, has become part of the Dutch consulting company Valcon Group.  Antonija Bilić Arar of Netokracija reports that with this merger, the Dutch Valcon strengthens its technological expertise and business data and, through Typeqast, gains a company with extensive experience and knowledge in software development for Western European and American customers and enters the IT segment. Typeqast, on the other hand, is becoming part of a large consulting firm with more than 1,200 employees, offices in…
Friday, 28 January 2022

Rimac's Project 3 Mobility Planning New Project, Preparing for Employment

January the 28th, 2022 - Croatian entrepreneur Mate Rimac's company, Project 3 Mobility, is planning a new project and requires quite a considerable amount of new staff for that. Project 3 Mobility is, as such, planning further employment in the near future. As Poslovni Dnevnik writes, while Rimac and Porsche continue to develop their electric hypercar, as well as plans to develop the automotive giant Bugatti in the direction of electrification - his other large company, Project 3 Mobility, was founded for a controversial robotics taxi development project in Zagreb backed by the European Union (EU) this year. It could…
Thursday, 27 January 2022

Economy Minister Says Mayor Responsible for Unacceptable Gas Price in Zagreb

ZAGREB, 27 Jan 2022 - Economy Minister Tomislav Ćorić said on Thursday that Mayor Tomislav Tomašević and his team were responsible for the markedly higher corporate gas bills in Zagreb, and not HDZ personnel, because they failed to procure it at better prices. Tomašević said earlier the former director of the City Gasworks' Supply division, Igor Pirija, who ran the division until last October, was responsible and that he was HDZ personnel, claiming that he did not buy gas at cheaper prices on time and that Zagreb businesses were in trouble because of him. Ćorić said Tomašević should do his job and that Pirija…
Thursday, 27 January 2022

ZSE Main Indices Fall Amid Low Turnover

ZAGREB, 27 Jan 2022 - The main Zagreb Stock Exchange indices decreased on Thursday, the Crobex by 1.09% to 2,123.83 points and the Crobex10 by 1.08% to 1,292.84 points. Regular turnover was HRK 6.12 million, 1.3 million less than on Wednesday. The most traded stock was Atlantska Plovidba, turning over a little over HRK 1 million. It closed at HRK 372 per share, up 0.54%. Forty-seven stocks traded today, with ten going up and 26 down in price, while 11 were stable. (€1 = HRK 7.526928)
Thursday, 27 January 2022

Student Financial Club Informs President of its Educational Euro Changeover Programme

ZAGREB, 27 Jan 2022 - President Zoran Milanović on Thursday received representatives of the Financial Club, a specialised university student association, who presented their "Simply about the euro" project, the president's office said. The project was carried out between October 2019 and April 2021 and is the first project dedicated to the introduction of the euro in Croatia, launched by university students to educate their colleagues and the public. The aim of the project was to explain in a simple and comprehensible way all the doubts concerning the euro, the club's representatives told the president. The project, which received the Rector's Award,…
Thursday, 27 January 2022

United States Welcomes Croatia's Bradleys Purchase

ZAGREB, 27 Jan 2022 - The United States on Thursday welcomed the deal reached with Croatia on the purchase of Bradley infantry fighting vehicles, the embassy said in a press release. "The United States welcomes the Government of Croatia’s decision to acquire Bradley Fighting Vehicles. The United States is pleased to provide our close Ally and partner Croatia with these vehicles, which will be refurbished and equipped with the support of U.S. funding. Croatia’s Bradley program is a joint investment in our shared security," the press release said. "Croatia has earned a reputation as a committed and capable NATO Ally. This acquisition…
Thursday, 27 January 2022

HANFA Head: 1,188 Accounts of Former, Current HNB Employees Being Checked

ZAGREB, 27 Jan 2022 - The HANFA regulator is checking the accounts of 725 current and 463 former employees of the central bank as well as other available accounts, with 529 transfers involving 26,940 stocks of credit institutions having been determined for 58 of the 1,188 former and current employees. This was stated on Thursday by the head of the Croatian Financial Services Supervisory Agency (HANFA), Ante Žigman, at a thematic session of the parliament's Finance and State Budget Committee, entitled "HNB employees' trading in securities of banks supervised by the central bank", which was also attended by Croatian National Bank (HNB) Governor Boris Vujčić…
Thursday, 27 January 2022

Klajn House: Crowdfunding to Create Creative Zagorje Oasis in Klanjec

January the 27th, 2022 - Crowdfunding is something rather new outside of the tech industry for Croatia, but the Klajn house team from gorgeous Zagorje are breaking down those limits and bringing crowdfunding platforms closer to culture with their praiseworthy Klajn house project. As Poslovni Dnevnik/Sergej Novosel Vuckovic writes, raising money for projects or products through group funding platforms in Croatia seems to primarily be reserved for the blossoming IT sector, rarely does one find much to do with culture on crowdfunding platforms. Despite that, the spirit of entrepreneurship from the Kucni kolektiv (House collective) association from Klanjec in Zagorje…
Wednesday, 26 January 2022

ZSE Indices Increase

ZAGREB, 26 Jan 2022 - The main Zagreb Stock Exchange (ZSE) indices rose on Wednesday, the Crobex by 1.15% to 2,147.32 points and the Crobex10 by 1.01% to 1,306.91 points. Regular turnover was HRK 7.4 million, or about HRK 2.8 million less than on Tuesday. The highest turnover was generated by the Valamar Riviera stock, HRK 1.6 million. Its price went up by 2.99% to HRK 34.50 per share. The stock of the HT telecommunications company turned over HRK 1.2 million, closing at HRK 184, up 0.27%. The stock of the Atlantska Plovidba shipping company generated a turnover of HRK…
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