News

ZAGREB, 18 March (2022) - The average net pay in legal entities in Croatia in January 2022 was HRK 7,378 (€975), which is a nominal increase of 5.7% compared to January 2022, while in real terms the pay remained the same, data from the national statistical office (DZS) indicate. Compared to wages in December 2021, the average net wage for January was up by 1.3% in nominal terms and up by 1% in real terms. The median net pay in January was HRK 6,175 (€816), which means that half of the people employed earned wages below that amount and half earned wages above that amount.…

ZAGREB, 18 March (2022) - PM Andrej Plenković said on Friday after talks with opposition MPs on the situation in Ukraine and last week's crash of an unmanned aerial vehicle in Zagreb that they seemed to be satisfied with the information presented at the meeting, and that he suggested holding such meetings on an as-needed basis. A special item on the agenda of the meeting, held in the government offices, was information on last week's crash of an unmanned aerial vehicle near a student dorm in Zagreb. "We believe our colleagues from the Opposition have obtained valuable new information that will help…

ZAGREB, 18 March (2022) - Croatia will develop a fact checker network as part of its efforts to curb fake news in the media space, and this project, worth 45 million euros (€6 million), will be financed with EU funds as part of Croatia's National Recovery and Resilience Plan (NRRP). "We have noticed that there is a need for such an investment for several reasons. We have been flooded with disinformation over the past two years, marked by the coronavirus pandemic, the (2020) quakes and unfortunately the recent launch of the aggression against Ukraine. It is difficult to distinguish between…

ZAGREB, 18 March (2022) - While the gas crisis is shaking Europe, Croatia is increasing its domestic production of that energy source, the Večernji List daily reported on Friday. According to the Croatian Hydrocarbon Agency, Croatia produced 0.78 billion cubic metres of gas last year, which satisfied 30 percent of the domestic gas demand which amounts to 2.7 billion cubic metres. With the production from new sources this year with an additional 285 million cubic metres of gas, total domestic production will exceed 1 billion cubic metres and will cover 40% of domestic demand. The agency notes that the new production…

18 March 2022 - If you are a digital nomad, visitor, or resident, long-term accommodation in Croatia can be notoriously difficult to nail down. Here are some ways to help with your search for long-term accommodation, as well as some additional advice on what you can come to expect in the Croatian rental market. Are long-term rentals even available? Why are they so difficult to find? Croatia is a tourism heavy country, making up almost 20% of its GDP with the trend continuing to increase year-on-year. As such, tourism has heavily influenced the real estate industry throughout Croatia, especially for…

March 18thund 2020 - An overview of the Croatian equity market and how it reacted to the Russian invasion of Ukraine. On the 24th of February 2022, a full-scale Russian invasion of Ukraine began. The world was struck and this was also evident when looking at the capital markets which reacted very suddenly and there was a lot of volatility in the markets. The Croatian equity market can be observed by looking at the benchmark index CROBEX10 which is made up of 10 Croatian blue-chip companies with the largest free-float, liquidity, and market capitalization. CROBEX10 fell by 6,47% on the…

March 18, 2022 - The draw for the Women's Volleyball World Championship was held in Lausanne on Thursday, hosted by Poland and the Netherlands, from September 23 to October 15 this year. Interestingly, the Croatia women's volleyball team was included in the draw at the last minute. Namely, Croatia's loss against France in the second round of last year's European Championship resulted in losing important points for the final ranking list. In the end, Croatia took 25th place, and 24 national teams entered the draw for the World Championships, reports HRT. However, the International Volleyball Federation (FIVB) knocked the Russian national…

March 18, 2022 - British speedway rider and 2020 European champion Robert Lambert was in Međimurje trying out the track ahead of the Grand Prix season in Croatia. British speedway riders bravely step into the new Grand Prix season after winning the world title in Speedway of Nations. Robert Lambert is one of the three riders who have a guaranteed place at the season's opening in Croatia at the Millennium Stadium in Donji Kraljevec. After many years of British speedway, three riders represent the Union Jack: 2020 European champion Robert Lambert, three-time world champion Tai Woffinden and Daniel Bewley, who will…

March 18, 2022 - The Croatia Airlines 2022 summer flight schedule has been presented with several lines added from Split, Zagreb, and Dubrovnik! Croatia Airlines presented this year's summer flight schedule from March to the end of October - and it has been significantly strengthened compared to last year, reports Croatian Aviation. According to a statement, the Croatian national carrier has decided to expand its network of international destinations, renew some international routes that were not flown during the pandemic, and intensify flights on existing routes in international and domestic traffic. This summer, Croatia Airlines plans to connect Croatia with…

March the 18th, 2022 - A tender is being announced by the Croatian National Tourist Board (HTZ/CNTB) for six new representation directors who will be placed to work their terms abroad. As Poslovni Dnevnik/Marija Crnjak writes, a tender is being announced for the selection and appointment of directors of Croatian National Tourist Board representative offices in six markets, given that the contracts of the current directors in the markets of Austria, the Czech Republic, China, Hungary, Slovenia and Sweden will expire at the end of June this year. The decision to announce the tender was made recently at the Tourist Council…