News

ZAGREB, 31 March 2022 - Prime Minister Andrej Plenković opened a cabinet meeting on Thursday by commenting on the government's HRK 4.8 billion (€640m) package of measures aimed at mitigating the impact of increased energy prices on households and businesses, which enters into force on Friday. The increase in electricity prices was capped at 9.6% and the increase in gas prices for households at a maximum of 20%. The VAT rate on gas deliveries was reduced for a year from 25% to 5%, and VAT was also reduced on food, agricultural costs, cultural and sports activities, and so on, the prime…

ZAGREB, 31 March 2022 - Croatia's industrial production continued to rise in February for the 15th month in a row, and faster than the previous month, indicating further recovery of the economy. In February 2022, industrial production increased by 2.6% compared with the previous month and by 4.0% compared with February 2021, the National Bureau of Statistics (DZS) reported on Thursday. This was faster growth than in January when production had risen by 3.5% year on year. The growth was recorded in all five sectors.  Production of capital goods increased the most, by 11.5%, production of durable consumer goods by 5.4%,…

ZAGREB, 31 March 2022 - Split Mayor Ivica Puljak and his first deputy Bojan Ivošević on Thursday confirmed they were stepping down, adding that they intended to run in a snap election. "This is not an extorted resignation. It is virtually impossible to remove a mayor. I could have remained mayor until the end of the year, the budget would not be adopted and there would be an election for the City Council, which is something we seem to be accustomed to in Croatian politics," Puljak told an extraordinary press conference, confirming his resignation and a fresh election. "I am not…

ZAGREB, 31 March 2022 - Over 720,000 pensioners in Croatia with a monthly pension allowance of up to HRK 4,000 will receive a one-off energy allowance as part of government measures to alleviate the impact of increased energy prices, and it will be paid out no later than May, the Labour and Pension System Ministry has announced. Pensioners with a monthly pension allowance of up to HRK 1,500 will receive the highest amount - HRK 1,200. Those with a pension allowance of between HRK 1,500 and 2,000 will get HRK 900, those whose pension allowance is between HRK 2,000 and 3,000 will…

March 31, 2022 - Telegram revealed that the Ministry of Economy awarded a security company with a hydroelectric power plant in Croatia. Ćorić gave 30-year concession to the 007 Miletić company through a tender that was announced on the eve of last Christmas and was not published on the Ministry's website. Some entrepreneurs claim that they were ready to give twice the amount, but they simply did not see the tender. Despite everything, Minister Ćorić signed the decision to award the hydroelectric power plant to the company 007 Miletić for 30 years, reports Telegram.hr. The Minister of Economy and Sustainable Development, Tomislav Ćorić,…

March the 31st, 2022 - A set of brand new public services for Zagreb County bus transport have been presented, with the actual needs of the wider county's inhabitants properly taken into account when it comes to public transport. As Poslovni Dnevnik writes, along with the representatives of Zagreb County, the Municipality of Kravarsko and the Coordination of Internal Public Regular Road Passenger Transport at the Croatian Employers' Association (HUP), some new public services for Zagreb County bus transport was presented. It is a model that enables the introduction of new and the renewal of some old bus lines with…

March the 31st, 2022 - The ongoing issues with continuing inflation across the country and indeed the rest of Europe is expected to drive up favourite Croatian meat prices. As Poslovni Dnevnik writes, the European Union (EU) is still currently unable to predict precisely how much pork prices will rise in the future due to the extremely uncertain situation on the global market, but it is quite certain that a price shock is definitely expected. Prices are expected to rise soon in order for the sector to be able to continue to survive on the market. There are fears of further…

March the 31st, 2022 - The Zagreb kids escape room is set to open in another location, this time away from the continental part of the country down to the Adriatic coast. As Poslovni Dnevnik/Sergej Novosel Vuckovic writes, the Zagreb kids escape room, a game which involves thinking, research and solving tasks, which was designed here in the Croatian capital and led by Kruna Josimovic at the Zagreb Fair, is set to open its doors down by the sea in Vodice. This is the second location for this escape room in the Republic of Croatia, and the third in total…

March the 31st, 2022 - The Global Finance magazine has declared Privredna banka Zagreb (PBZ) as the best Croatian bank. As Poslovni Dnevnik writes, the Global Finance magazine has declared Privredna banka Zagreb d.d. (PBZ) a member of the Intesa Sanpaolo Group, the best Croatian bank for the second year running. Global Finance has announced its annual award for the world's best banks for the 29th time in a row in its list entitled the World's Best Banks 2022. The full report on the awarded banks will be published in the May print and digital edition of the Global Finance…

March 31, 2022 - The 2022 World Cup draw will be held on Friday, April 1, at 18:00 Croatia time. A look at who the Vatreni could face in the group stage.  The last spots at the 2022 World Cup are slowly filling up. Earlier this week, we learned about seven new national teams that will compete in Qatar. Portugal and Poland have qualified from Europe, while Senegal, Ghana, Morocco, Tunisia, and Cameroon have passed through the African qualifiers. The draw for the World Cup will be held on Friday, April 1, in Doha, and Croatia will be in the…