Business

ZAGREB, 11 Oct 2021 - Petrokemija, a leading producer of artificial fertilizers in Croatia, reported on Monday morning that it had fixed a glitch that had appeared in two of it units -- Urea and Amonijak-- however, the production in these Kutina-based plants would still not restart. The relaunch of the production cannot be expected for the time being due to the optimization of business operations and record-high prices of natural gas and CO2 in Europe," Petrokemija says in a press release issued on the Zagreb Stock Exchange on Monday morning. "The technical failure at Urea and Ammonia production plants has…

October the 10th, 2021 - A brand new Pula shopping centre looks to be on the horizon through an enormous investment totalling a massive 130 million kuna. As Poslovni Dnevnik writes, judging by the ambitious announcements and plans that have been seen so far, the gorgeous Istrian city of Pula could get another shopping centre instead of a dilapidated department store in the city centre - Pula Mall. A devastated, neglected, once attractive building in the centre, right next to the green market, could soon return to its old glory in a new, even better edition as another Pula shopping…

October the 10th, 2021 - Croatian bus companies have been experiencing major issues for a long time now, and things have been made exponentially worse by the ongoing coronavirus pandemic. It seems that ticket prices are set to go up and some very important services could well be lost in the wake of the continued problems hampering this industry. As Poslovni Dnevnik writes, the a group of bus line carriers which belong to the Croatian Employers' Association (HUP) has asked the Croatian Government to issue an identical conclusion that was recently obtained by the construction sector. Namely, the Government pointed out…

ZAGREB, 9 Oct, 2021 - The Api Green company opened a honey bottling plant in the eastern town of Vukovar on Saturday, the first such plant to be operating according to the HACCP standard in Vukovar-Srijem County. The plant was opened in the Vukovar Business Incubator as part of Honey Days. "Beekeepers will now be able to increase the number of beehives and sign a contract with Api Green on honey delivery. The honey delivered to the bottling plant will be analysed and labelled as honey from Croatian apiaries," the head of the Vukovar 91 beekeepers' association, Ivan Dumenčić, said. HACCP is…

ZAGREB, 9 Oct, 2021 - Eight Croatian companies are showcasing their products at the Anuga food fair which is taking place in the German city of Cologne from 9 to 13 October, the Croatian Chamber of Commerce (HGK) announced on Saturday, describing the fair as the central gathering point for food companies from throughout the world. Croatia is represented by food and drink producers Kraš, Dupin, Pekar, Hermes International, Uje, Arabesca, Varžak Med and Prodan Tartufi. Dragan Kovačević, the HGK vice-president for agriculture and tourism, said that this was the first fair of global significance to be taking place in person…

October the 9th, 2021 - A phantom Ilica company has deceived two European enterprises, taken millions and simply disappeared. For once, and even though this company is registered in Croatia, more precisely on Zagreb's famous Ilica, it isn't a Croat at the helm. As Poslovni Dnevnik writes, Jean Pierre Louis Simon Grosdidier is from the French capital of Paris. He founded the company Best Assist Net d.o.o. on July the 1st, 2019 and its headquarters is on Zagreb's famous Ilica street (Ilica 191 d.). This addressed was used exclusively for fraud and money laundering. Namely, hundreds of thousands of euros suddenly…

October 9, 2021 - They would get the same salary and work the same number of hours, but in four longer working days, with one day a week more for themselves. Already being implemented in some European countries, what would a four-day working week look like in Croatia? Employers and workers' unions comment on this. The sound news that Belgium, due to labor market reforms, could soon switch to a four-day working week is not as revolutionary as it seems at first glance, reports Jutarnji List. According to a proposal that leaked to the public, Belgians would still work the same…

ZAGREB, 8 Oct 2021 - Croatia's commodity exports in the first eight months of 2021 was HRK 87.7 billion, up 25.5% on the year, while import increased 19.8% to HRK 134.6 billion, the national statistical office said on Friday. The foreign trade deficit increased by HRK 4.45 billion to 46.9 billion. Coverage of imports by export was 65.9%. The export of goods to EU countries was HRK 59.7 billion (+25.2%), while import was HRK 103.4 billion (+16.3%). Export to non-EU countries went up by 26.1% to HRK 28 billion, while import went up by 33.3% to HRK 31.1 billion. Expressed in…

ZAGREB, 8 Oct 2021 - The Voice of Entrepreneurs association and an association of owners of night clubs and bars have called for lifting restrictions on the work of such establishments, which is now limited to midnight, noting that many operate illegally despite the restrictions on working hours. The two associations warn that the national COVID-19 response team "has been insisting, without real and science-based arguments, on the decision to restrict the work of night clubs and bars until midnight" while some coffee shops and restaurants are turning into night clubs despite epidemiological restrictions and operate illegally. "We have been witnessing media reports…

October the 8th, 2021 - The marketing plan manager for the Croatian National Tourist Board (HTZ/CNTB) has finally been revealed, as have the amounts of money involved. As Poslovni Dnevnik/Marija Crnjak writes, as confirmed by the Croatian National Tourist Board itself, for the development of the "Strategic Marketing and Operational Plan of Croatian Tourism for the period 2022 to 2026", the Croatian National Tourist Board Assembly selected a community of bidders consisting of: the Spanish company T.H.R. Tourism, hotel and recreation accessories, S.A. and Horwath and Horwath Consulting Zagreb d.o.o. and Millennium Promotion d.o.o. The offered price amounts to a…