News

ZAGREB, 6 July, 2021 - Investment in private equity in Croatia stands at 0.3% of GDP, whereby it lags behind the most successful countries in that segment, the Croatian Bank for Reconstruction and Development (HBOR) CEO said on Tuesday, adding that the HBOR would participate in launching a €40 billion technology transfer fund. Tamara Perko was speaking at the Bestinvest.hr conference organised by the Croatian Private Equity and Venture Capital Association, at which awards for the best private equity and venture capital investment were presented. Perko said the HBOR contributed significantly to the development of private equity and venture capital in the past two years. She…

ZAGREB, 6 July, 2021 - The Croatian Pension Insurance Institute (HZMO) said on Tuesday that the number of pension insurance contributions had been on the rise for five months in a row, and the number of insurees was higher by 3.54% at the end of this June compared to June 2020. The government-sponsored amendments were forwarded to the parliament at the session of the Andrej Plenković cabinet on 1 July. In May, there were 216,000 family pension beneficiaries, and most of them were surviving spouses whose average monthly pension allowance was HRK 2,096, which was below the average pension. For instance, in May,…

July 6, 2021 - Davor Šuker's 9-year stint as HNS president will last until July 29, with Marijan Kustić likely to take over the leading role in the Croatian Football Federation. Namely, Marijan Kustić was nominated for the president of HNS by his county union, and judging by the photo coming from Lika-Senj County, at least 18 of the 21 county unions gave him support. Considering that the Zagreb Football Association president, Tomislav Svetina, who was the only one who could nominate Davor Šuker, is also in this picture, it is evident that this candidacy will not take place. Even…

ZAGREB, 6 July, 2021 - Prime Minister Andrej Plenković said on Monday that the European Commission's President Ursula Von der Leyen would arrive in Zagreb on Thursday after the European Commission approved Croatia's national recovery and resilience plan. President von der Leyen has decided to personally deliver the national recovery and resilience plan to each of the 27 member states. PM Plenković said that the green-light to Croatia's €6.3 billion recovery plan was an important encouragement. "We are satisfied with the finalisation of the process before we expected," Plenković said on Monday evening. In early June, Croatia and another four EU member-states -- Slovenia, Poland,…

ZAGREB, 6 July, 2021 - In the last 24 hours, of 5,103 tests performed for coronavirus in Croatia,  1.9%, that is 96, have turned out to be positive, the national COVID-19 crisis management team stated on Tuesday. Currently, there are 528 active cases, including 132 hospitalised patients, of whom 10 are placed on ventilators. In the last 24 hours, the COVID-related death toll has risen by two to 8,221. Since the first registered case of the infection with this novel virus in Croatia on 25 February 2020, as many as 2,171,883 tests have been performed showing that 360,342 people have contracted the…

July 6, 2021 - This Saturday marks the 165th anniversary of the birth of the genius born in Smiljan, and the Tourist Board of Gospić, the city of Gospić, and the Nikola Tesla Memorial Center have prepared a worthy event called ''Tesla Power of Lights'' to celebrate Nikola Tesla in style. Turističke priče reports that as part of the celebration of the 165th anniversary of the birth of Nikola Tesla on July 10th, a lot of content was prepared that will serve as a kind of reminder of the fact that one of the world's greatest geniuses, Nikola Tesla, was born…

July 6, 2021 - HNK Gorica and Zagreb County Tourist Board have joined forces. The tourist board has thus become a new member of the family of partners of this ambitious first league football team. Although football in Croatia is far from a real marketing product, the whole league is rising from year to year and thus gaining in attractiveness. On the other hand, HNK Gorica is one of the "stars" of the Croatian Football League (HNL), which has a bright future ahead of it, reports HRTurizam. "It is often forgotten that football clubs have three categories that travel every…

July 6, 2021 - Many tourists may be heading to the coast this summer, but there is plenty happening in continental Croatia, including Active Ludbreg Summer, which kicked off on Saturday.  What kind of unique experiences can you have in Croatia? Yoga in the centre of the world, perhaps? Tourism in continental Croatia has a very different look and feel to lazy days on the beach, and the more I look around the towns and villages of continental Croatia, the more I admire their different approaches.  One such town is Ludbreg, a destination I have been writing about for some…

July 6th, 2021 - Kaufland continues to operate according to the Schwarz Group's REset Plastic strategy and has introduced a responsible fruit and vegetable bag, reusable lid, and set clear goals for reducing plastic in the environment. 24Sata reports, Kaufland is the first retail chain in Croatia to completely abolish disposable plastic bags at checkouts, and disposable plastic utensils, cutlery, plastic sticks, and straws were withdrawn from sale and replaced with alternative sustainable solutions such as paper, wood, and other products.  An additional engagement in the fight against plastics is the responsible bags in Kaufland's offer intended for fruits and vegetables.…

July 6, 2021 - The Guardian UK reported that following a second application by Croatia to the EU for special recognition of prošek as a dessert wine, Italy has taken steps to block the application. An attempt in 2013 to have the trademark registered was blocked by Italy arguing that the name prosek was too similar to prosecco. Croatia's own winemakers whilst agreeing that the names are similar argue that consumers can distinguish between the two. Prošek is made using dried grapes and originated in the Dalmatia region which between 1420 and 1797 was ruled by the Republic of Venice,…