News

March 19, 2022 - The Split City Administration building has no place in one of the city's most attractive locations. While many Split mayors had the same conclusion, Ivica Puljak assures that he has a plan for change.  The plan is to convert Banovina, and the city officials will move to a building that has not been built yet, reports RTL. Banovina could become a hotel in a few years. Serious plans are being made to move the Split City Administration building from the attractive location along the West Coast. Split Mayor, Ivica Puljak, says: "The city administration has no place…

March 19, 2022 - The countdown to the biggest BSH Island 2022 begins as the first wave of headliners is announced. Playing the world-renowned Noa Beach Club on Croatia’s Zrce Beach from June 29th to July 3rd will feature Archie Hamilton, Ben Sterling, Blackchild, Dennis Cruz, Paco Osuna, and wAFF with many more to come. BSH Island is one of the jewels in the Croatian festival crown and has been leading the way in the local scene in recent years. Its first edition in 2020 brought something new to the region, and the follow-up in 2021 made a mark on the…

ZAGREB, 18 March (2022) - The main Zagreb Stock Exchange (ZSE) indices continued to rise on Friday, with the Crobex going up for the sixth trading day in a row, by 0.4% to 2,050 points, and the Crobex10 increasing for the eighth consecutive trading day, by 0.59% to 1,237 points. Regular turnover amounted to HRK 11.8 million, or HRK 4.2 million more than on Thursday. The HT telecom was the most traded stock, turning over HRK 2 million. Its price dropped by 0.26% to HRK 189 per share. The Optika Telekom stock generated a turnover of HRK 1.99 million, closing…

ZAGREB, 18 March (2022) - Ahead of Father's Day, 19 March, the Mamforce Standard and Status M associations warned that fathers becoming involved early in child care is valuable for the child's development, but that as many as 95% of fathers in Croatia do not use parental leave. During the coronavirus pandemic there has been a major drop in the number of fathers on  parental leave - in 2019, 8.71% of fathers used parental leave and in 2020 and 2021 around 4%, said Mamforce Standard founder Diana Kobas Dešković, noting that the situation had to be changed. "Research points to…

ZAGREB, 18 March (2022) - The net asset value of Croatia's mandatory pension funds (OMF) at the end of February amounted to HRK 129.99 billion, down HRK 3.1 billion or 2.35% compared to January, reflecting negative financial trends amid the escalation of geopolitical tension, the HANFA supervisory agency said on Friday. "The increased macroeconomic uncertainty in the first half of February resulted in an increase in global risk premiums, which was negatively reflected on valuations on financial markets, both foreign and domestic. The escalation of geopolitical tension in the second half of February created an additional external shock to the price of share and bond…

ZAGREB, 18 March (2022) - Leading retail chains in Croatia said on Friday they have sufficient quantities of products in stock and that there is no reason for concern regarding supply. "There are no product shortages at Lidl Croatia because we have secured sufficient supplies thanks to our good cooperation with partners and suppliers," Lidl said in response to Hina's query. Spar Croatia, too, said it does not have any problems in the supply chain, that it has sufficient supplies and that it cooperates with domestic suppliers who have secured raw materials in Croatia. It noted that if there are cases of increased demand, it could be…

ZAGREB, 18 March (2022) - Fortenova Group said on Friday that the process of due diligence had been launched regarding the possible sale of an interest in the company, declining to reveal further details. Fortenova Group can confirm that due diligence regarding the possible sale of a stake has started but it cannot comment on any details, the group said in reply to a query from Hina. Fortenova Group executive director Fabris Peruško said on Thursday he expected the Russian state bank Sberbank to sell its interest in Fortenova Group. The Russian bank, which holds a 40% stake in Fortenova Group, is the group's biggest…

18 March 2022 - Spring is on the horizon! Ceremonies and events are slowly but surely moving outdoors and since TCN already covered “Five Places You Must Visit During Spring in Croatia”, this is a look into what festivities in Eastern Slavonia are happening during the new season.  Firstly, we need to start with the biggest city of Eastern Slavonia - Osijek. As usual, the greenest city in Croatia has various events that can fulfill any person's preferences: from music, film, theater, and traditional events to sports and other activities that include all of citizens and guests. Since there is…

March 18, 2022 - Renowned Croatian jazz singer Ines Trickovic will hold a voice workshop in Santa Monica, California called ''Liberate your Voice''. In the workshop, the participants will learn along Ines to use their voice to express themselves freely through singing. Julia Quena Kavi, a famous holistic life coach presents “Take control of your voice to take control of your life” by Ines Trickovic. This workshop is designed for singing amateurs and enthusiasts with no prior training. It is 4 hours in duration and includes practical hands-on breathing and singing exercises that train your diaphragm, lungs, and vocal cords. The…

ZAGREB, 18 March (2022) - Croatia has registered 1,939 new coronavirus cases in the past 24 hours and 18 COVID patients have died, the national COVID-19 crisis management team said on Friday. There are currently 11,186 active cases, including 691 hospitalised patients, 39 of whom are on ventilators. Also, 8,046 people are self-isolating. Croatia has registered a total of 1,081,336 cases of COVID-19 since its first registered case in Zagreb on 25 February 2020 and 15,410 people have died as a consequence while 1,054,740 have recovered from the contagion. To date, a total of 2,235,641 people have been fully vaccinated, which is 65.64% of the adult population. For all…