News

June the 18th, 2022 - Croatian entrepreneur Mate Rimac has registered the first Nevera supercar. He took to Facebook to make the announcement and to reveal just what the letters and numbers on the vehicle's license plate mean. Livno-born entrepreneur and inventor Mate Rimac has done more to place Croatia firmly on the map of innovation and not just tourism than anyone else in recent times. Dubbed the Balkan Elon Musk, Rimac shines a more modern light on the country of genius Nikola Tesla's birth, attracting investment from the likes of Porsche and becoming immortally associated with the gigantic Bugatti…

June the 18th, 2022 - Croatian MP Miro Bulj has boldly claimed that there could be no worse time possible for Croatian Eurozone accession, for which it has had the green light and into which it will enter on the 1st of January 2023, replacing the kuna with the euro. As Poslovni Dnevnik writes, Croatian MP Miro Bulj (MOST) spoke recently with N1 television about possible changes to the Law on Referendums. He says that MOST is against the way of defining which topics could be decided in a referendum. Bulj also believes that the imminent introduction of the euro…

June the 18th, 2022 - The Adris Group has announced its massive 3.2 billion kuna investment plans which cover everything from digitialisation to some well known hotels in both Zagreb and Split. As Poslovni Dnevnik/Jadranka Dozan writes, at last week's general meeting, the Adris Group voted on a proposal for the payment of dividends, which are somewhat more generous than they were last year. During the first week of July, shareholders will receive a payment of 15.50 kuna per share (compared to last year's 12.5 kuna per share and no dividends to speak of whatsoever the year before that), which means…

June 17, 2022 - After a standout performance at Roland Garros, Marin Čilić continues with brilliant play in London to book a Queen's Club semifinal spot! Croatia's best tennis player Marin Čilić advanced to the ATP tournament semifinals in London played on the grass of the Queen's Club. In the quarterfinal match, Čilić was better than Finnish tennis player Emil Ruusuvuori 7-6 (2), 6-4, reports HRT. This quarterfinal match was a bit tough, although Čilić was up 7-6 (2), 5-1. Namely, the 23-year-old Ruusuvuori (56th in the ATP ranking) went from 1-5 to 4-5 in the second set and had…

ZAGREB, 17 June 2022 - PM Andrej Plenković and Turkish Foreign Minister Mevlut Cavusoglu agreed on Friday that the two countries share the view about the importance of the full equality of Bosnia and Herzegovina's three constituent peoples and of closer relations between Croats and Bosniaks in the country's Federation entity.  The Croatian prime minister and the visiting Turkish minister discussed security-related topics, energy challenges and the economic cooperation between Croatia and Turkey, as well as the situation in Bosnia and Herzegovina. "Croatia and Turkey share the view about the importance of the full equality of the three constituent peoples in Bosnia…

ZAGREB, 17 June 2022 - Economy Minister Davor Filipović said on Friday that the government was monitoring the situation regarding fuel prices and that calculations would be made over the weekend and all options would be considered. "Fuel prices on the global market cannot be influenced by anyone, not even Croatia. Last week and this week fuel prices went up. We will wait today to see when trading closes. We will make some calculations over the weekend and then make decisions at the beginning of next week," Filipović told reporters when asked if the government is ready to react again to address the fuel price…

ZAGREB, 17 June 2022 - Social Democratic Party (SDP) leader Peđa Grbin warned on Friday that inflation in Croatia had reached a record high of 11% and that the government was not using measures at its disposal to fight inflation systematically. "Inflation affects all people, but not equally. It affects people with the lowest incomes the most. That's why the bulk of our measures is aimed at the poorest people," Grbin said while presenting his party's package of anti-inflation measures at a press conference in the northern Adriatic city of Pula. The SDP is proposing a change to the pension indexation method,…

ZAGREB, 17 June 2022 - The value of fiscalised receipts in tourism in the first five and a half months of 2022 is significantly higher than in the same period in 2019 and Croatia could have a record tourist season this year, Finance Minister Zdravko Marić said on Friday. "The value of fiscalised receipts in the tourism industry in the first five and a half months of this year is 22% higher than in the record tourist year 2019," Marić said in Luxembourg, where he attended a meeting of EU finance ministers. He, however, suggested caution with predictions, considering that the peak season is…

ZAGREB, 17 June 2022 - EU finance ministers on Friday approved a recommendation on Croatia's readiness to join the euro area, another procedural step towards a final decision on 12 July. The finance ministers, who met in Luxembourg, also confirmed a letter that the Ecofin chair, French Finance Minister Bruno Le Maire, will forward to European Council President Charles Michel ahead of a discussion at an EU summit, when member states' leaders are expected to support the recommendation. "This is a great day for Croatia, the last step towards a formal decision on accession to the euro area on 1 January 2023," Croatian Finance…

ZAGREB, 17 June 2022 - Turkish Foreign Minister Mevlut Cavusoglu said in Zagreb on Friday that Turkish President Recep Tayyip Erdogan would visit Croatia soon, adding that he hoped for a positive outcome of talks on the election law reform between Croat and Bosniak political officials in Bosnia and Herzegovina. Cavusoglu and Croatian Foreign and European Affairs Minister Gordan Grlić Radman arrived in Zagreb together aboard the Turkish minister's plane from Ohrid, North Macedonia, where they had attended the Prespa Forum. Speaking at a news conference at the Croatian Foreign and European Affairs Ministry, whose post-earthquake reconstruction would be taken…