News

July the 7th, 2021 - The Croatian private accommodation sector is slowly but surely recovering from the horrific blow the ongoing coronavirus pandemic and the travel restrictions dealt it. That being said, there's an extremely long way to go yet. As Poslovni Dnevnik/Jadranka Dozan writes, among the many economic indicators that signal a solid pace of economic recovery, the most recent picture is provided by the weekly updates of fiscalisation data. The latest data from the Tax Administration claims that last week, the value of receipts issued across all activities within the fiscalisation system stood at 19 percent higher than…

July the 7th, 2021 - The new Ryanair Zagreb route looked as if it was set to put not only Croatia Airlines, which many complain is far too expensive, but British Airways, which hadn't been present in the Croatian capital for months, out of work. With air traffic for the Zagreb on the rise, just how is this wildly popular Irish carrier doing? As Poslovni Dnevnik/Marija Crnjak writes, after several months of falling and stagnant air traffic, Zagreb's Franjo Tudjman International Airport is recording a trend of gradual recovery, in the summer months they expect continued acceleration of growth, which…

July the 7th, 2021 - The ongoing coronavirus crisis is continuing to take a toll on the travel and tourism industry, on which Croatia relies very heavily. Croatian tourism growth is finally visible, but the results of record, pre-pandemic 2019 are quite logically a universe away. As Poslovni Dnevnik/Suzana Varosanec writes, the global public health crisis strongly affected the operations of the Hvar-based Jelsa Group hotel company, and after positive operations in the last pre-pandemic year, and with a devastating loss of 5.144 million kuna in 2020, they recorded a decline in EBITDA of 312,433 kuna, and in their own commentary…

July the 7th, 2021 - ITB Berlin, which has been on a two year break owing to the outbreak of the global pandemic, is set to return, and partially as normal (in live) next spring. The move is a boost to the Croatian tourist industry for which this fair is of significance. As Poslovni Dnevnik/Marija Crnjak writes, ITB Berlin is partially returning in live in the spring of 2022, so a combination of a live fair, hybrid stands and online meetings will take place, ITB reported yesterday. The Berlin Fair is one of the most important for the overall Croatian…

July 7, 2021 - A new visual series, every week, one-minute drone footage, showcasing sailing, showcasing the beauty of the Adriatic Islands. Take a minute to relax, breathe and enjoy some of Croatia's stunning islandscapes. Today the first in our series, a snapshot of Otok (island) Hvar. The Queen of the Croatian Dalmatian islands. Where the sun shines for an average of 7.7 hours per day. Where the population at the last census in 2011 was just over 11,000, of whom 4,000 lived in Hvar Town itself. Where more and more visitors are learning that there is so much more to…

ZAGREB, 6 July, 2021 - The main Zagreb Stock Exchange (ZSE) indices finished in negative territory on Tuesday for the seventh consecutive trading day, with a considerably higher turnover than in the previous days.  The Crobex shed 0.35% to end the day at 1,960 points, while the Crobex10 shrank by 0.39% to 1,210 points. Turnover at the close of the trading session was HRK 9.8 million, which is 6.3 million higher than on Monday. The highest turnover, of HRK 4.78 million, was generated by the Končar Electrical Industry stock. Its price remained stable at HRK 750. The only other stock…

ZAGREB, 6 July, 2021 - Zagreb's new city administration decided on Tuesday to reorganise by reducing the number of city departments from the current 27 to 16 as of 31 October. Reorganising the city departments was an important part of the new administration's election platform. Under today's decision, 11 departments will be shut down and their jobs will be done by other city administration bodies, while some administration bodies will be abolished and replaced with a single administrative body. "The purpose of the new organisation of the City Administration is to make it publicly accountable and efficient," the new administration said, announcing enhanced…

ZAGREB, 6 July, 2021 - President Zoran Milanović on Tuesday received Igor Simčić, head of the Esimit Europa project, which has been promoting for 26 years the European idea of unity by connecting sports, diplomacy, business and culture, the President's Office said in a press release. The project has gained global recognition thanks to the many successes of the Esimit Europa 2 sailing yacht, which took part in competitions under the European flag and with an international European crew, spreading the message about the successes of the united Europe. Simčić acquainted the President with the previous activities and successes as well…

ZAGREB, 6 July, 2021 - The whip of the ruling HDZ, Branko Bačić, said on Tuesday the parties of the parliamentary majority supported amendments to the Trade Act, adding that shopping hours would be adjusted to seasonal activities. Parliament will debate the amendments in the autumn. Speaking to the press after a meeting of the parliamentary majority, Bačić said they talked about the problem of restricting shopping hours until 9 pm, notably during the summer tourist season, when they have the biggest turnover. "We must take account of the international convention on the rights of shop workers to daily and weekly rest," Bačić said,…

July 6, 2021 - Ashleigh Brilliant once said, "Keep some souvenirs of your past or how will you ever prove it wasn't all a dream?" Here are some authentic Croatian souvenir ideas to keep your dreamy holiday memories in Croatia alive.  Traditional handmade lace By foto Suradnik13 - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=4674646 Lacemaking in Croatia is a traditional craft that began in the Renaissance era and is listed under UNESCO's Intangible Cultural Heritage of Humanity. The Croatian laces are notable among others due to their unique materials, patterns, and designs. There are several lacemaking traditions in Croatian but…