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June 16, 2021 - The 2021 Golden Boy award boasts three young Croatian football talents this time around - Stipe Biuk, Joško Gvardiol, and Antonio Marin.  There is no need to worry about the future of Croatian football, as the passionate football country always finds a way to produce new talent.  For years, we have read that young players from England, France, Italy, and Brazil are worth ten million euros each, even though they were teenagers at the time, while Croats would often be placed in the rank of players of several hundred thousand euros. But times are changing. Namely, Stipe…

June the 16th, 2021 - A team of Croatian designers are set to design A1 Croatia's workwear in a brand new tender which works to keep locally made products in mind. With the coronavirus pandemic having highlighted, among other things, that we can't always rely on imports and that trying to produce as much as we can locally is the best direction to go in, A1 Croatia have their eyes set on talented Croatian designers, of which there are plenty.  As Poslovni Dnevnik/Marija Crnjak writes, Telekom A1 Hrvatska/Croatia has announced a tender for Croatian designers to apply for. The tender invites…

June the 16th, 2021 - The Pula Fizio Tech startup, which is a med tech startup specialising in the aid of people with various problems regarding walking, has attracted attention from not only here in Europe but even from Asia. As Poslovni Dnevnik/Lucija Spiljak writes, in its three years of existence, the Pula Fizio Tech startup has presented prototypes of its two technological solutions for healthcare to help people with walking problems - the Hip Rehabilitation Device (HRD) and Restep. The Fizio Tech startup team includes mechanical engineers and development team leaders Filip Sironic, Martin Matijasic and Filip Nikolic, full…

June the 16th, 2021 - When it comes to innovative Croatian companies being noticed on a global scale, the list is only continuing to grow and provide a spring in the step of certain sectors in the country. Clutch has recently listed the Zagreb company Ingemark among the 100 fastest growing. As Novac writes, with more and more of the population being vaccinated against the novel coronavirus and the gradual relaxation of anti-epidemic measures, the economy also appears to be waking up, finally. According to the latest Eurostat data, Croatia's GDP in the first quarter of 2021 grew by 5.8…

June the 16th, 2021 - The Zagreb company Bellabeat, a Croatian startup which has gained traction and a lot of attention as time has gone on, has presented its brand new smart bracelet. As Novac/Bernard Ivezic writes, Bellabeat initially started producing smart bracelets seven years ago, of which, according to Business Insider, Leaf Urban and Leaf Chakra were named the best pieces of smart jewellery in the entire world back in February. The company has since completed the development of a new smart bracelet named Ivy. There are more than 50,000 pre-orders for it already, and this also means that…

ZAGREB, 15 June, 2021 - Zlata Đurđević, a candidate for the Supreme Court president, said on Tuesday that corporatism, denoting a closed professional group with privileges without any external oversight, was the main problem of the Croatian judiciary. "It is important to achieve a balance between judicial autonomy and judicial responsibility for the sake of avoiding corporatism. That is not talked about in Croatia, and when someone speaks up about it, it is considered a taboo and an insult even though both GRECO and the Venice Commission have pointed to the problem of corporatism," Đurđević said at a panel discussion entitled "Judiciary…

ZAGREB, 15 June, 2021 - President Zoran Milanović said on Tuesday that the reference to the Dayton agreement in NATO's communique adopted on Monday had been opposed by Germany, Italy and some other Western countries, and added that possible changes in Bosnia and Herzegovina must not happen without Croatia and Serbia. Milanović made the statement in Slovakia, where he participated in the GLOBSEC 2021 Forum and met with Slovakian President Zuzana Čaputová and Polish President Andrzej Duda. He discussed with them the NATO summit held in Brussels on Monday, at which Croatia, Milanović said, managed to have a reference to the Dayton peace agreement (General Framework Agreement for…

ZAGREB, 15 June, 2021 - Prime Minister Andrej Plenković on Tuesday expressed satisfaction with the World Bank's support to Croatia's efforts to reconstruct the areas hit by the 2020 quakes, and with cooperation in projects aimed at facilitating the recovery of the private sector's exporters affected by the corona crisis.  A press release issued by the government notes that the premier held a meeting with World Bank Vice President for Europe and Central Asia, Anna Bjerde, and a few other WB officials in Government House. On that occasion, Plenković expressed satisfaction with the cooperation with the World Bank and the support that institution had…

ZAGREB, 15 June, 2021 - The Zagreb Stock Exchange (ZSE) Crobex and specialised Crobex10 indices on Tuesday rebounded by 0.41% to 1,973 points and 1,213 points respectively. Today's regular turnover was HRK 6.4 million, or HRK 800,000 more than on Monday. The Maistra hotel company was the only one to cross the one million kuna mark in turnover. It generated HRK 1.25 million and its share price stagnated at HRK 302. A total of 39 stocks traded today, with 18 of them registering share price increases, 14 recording share price decreases and seven remaining stable in price. (€1 = HRK 7.489862) For more about business in Croatia, follow TCN's…

ZAGREB, 15 June, 2021 - The appointment of new members of the management and supervisory boards of the Zagreb Holding without a public call for the selection of applicants did not constitute a breach of the pre-election promise, the new Mayor of Zagreb, Tomislav Tomašević, said on Tuesday. The multi-utility conglomerate Zagreb Holding's assembly on Monday relieved the supervisory and management boards of their duties, appointing Suzana Brenko Supervisory Board chair and Ratko Bajakić and Damir Topić its members. The provisional Zagreb Holding (ZGH) Management Board was appointed as well, with two new members, Nikola Vuković as Management Board chair and…