News

Saturday, 5 June 2021

Sberbank Plans to Sell Fortenova in Two Years - Daily

ZAGREB, 5 June 2021 - Sberbank CEO Herman Gref has said the Russian bank's goal with Croatian conglomerate Fortenova Group is to increase its value and exit without losses in the next two years, as reported by the Moscow newspaper Vedomosti, the Jutarnji List daily reported on Saturday. Gref was speaking about that at an international economic forum in Saint Petersburg and his announcement that Sberbank will sell its share in Fortenova within two years has been carried by Bloomberg, citing the Russian news agency RIA. Sberbank was the biggest creditor of Croatia's now-defunct conglomerate Agrokor with €1.1 billion and now holds 44%…
Saturday, 5 June 2021

Foreigners Bought Almost One in Two Properties in Istria in 2020

ZAGREB, 5 June 2021 - In 2020, the year of the pandemic and two devastating earthquakes, almost 32,000 properties were sold in Croatia, only 3,000 less than in 2019, and the fall mainly occurred along the coast, while almost one in two properties in Istria was bought by foreigners, Večernji List daily said on Saturday. The highest number of flats, about 12,000, was sold in the City of Zagreb and Zagreb County, followed by a little over 10,000 properties sold in the coastal counties and a little over 9,000 in the rest of the country. The rest of the country recorded the…
Saturday, 5 June 2021

World Environment Day Dedicated to Ecosystem Restoration

ZAGREB, 5 June 2021 - World Environment Day is observed on 5 June and this year it is dedicated to the restoration of ecosystems, whose resources are the foundation of the social and economic progress of humankind as well as people's health and wellbeing, Croatia's Economy and Sustainable Development Ministry has said. Ecosystems play a significant role in the prevention of health crises such as COVID-19 because by destroying natural ecosystems, people have significantly increased the risk of illnesses passing from animals to people. The ministry says the necessity to protect nature and the environment is also reflected in the fact that, according to the World Economic…
Saturday, 5 June 2021

Croatian Bicycle Exports Increase as Global Bike Market Explodes

June the 5th, 2021 - Croatian bicycle exports have shot up as people choose a more active and outdoor-oriented lifestyle as a result of the ongoing public health crisis taking the world by storm. As Poslovni Dnevnik/Marija Brnic writes, the bicycle business is becoming very profitable due to the consumption that exploded with the onset of the pandemic, even causing a shortage on the global market, but European manufacturers, especially Italian ones, are facing a dilemma as to whether to risk things and invest in new capacities, and they are cautious because they estimate that such interest could last two…
Saturday, 5 June 2021

World Food Atlas Rates Two Croatian Cheeses Among Best in World!

June the 5th, 2021 - When it comes to what Croatia has to offer, most people will likely immediately think of the sun, the glorious Adriatic sea, the many islands and the wine. Croatin gastronomy is certainly up there on that same list, and Croatian cheeses are becoming more and more well known internationally. Two Croatian cheeses are doing so well, in fact, that they've been ranked among the planet's very best. Pag cheese is probably the first of the Croatian cheeses to spring to the mind of the majotiy of people remotely familiar with the country's production of this…
Saturday, 5 June 2021

Kvarner Tourism Doing Well in Overnight Stays When Compared to 2020

June the 5th, 2021 - Kvarner tourism is showing some encouraging results when compared to this time last year, as the eVisitor system's data shows a 30 percent increase in overnight stays in 2021's first five months. As Barbara Ban/Novac writes, according to the Croatian eVisitor system, more than 600,000 thousand overnight stays were realised in Kvarner in the first five months of 2021, which is 30 percent more than were recorded back during the same period in 2020. It is also equal to 40 percent of the overnight stays recorded for Kvarner tourism compared to the record, pre-pandemic year…
Saturday, 5 June 2021

Croatian Labour Force Issues Continue to Threaten Tourism Sector

June the 5th, 2021 - Croatian labour force issues weren't ''born'' with the onset of the coronavirus pandemic and all of the economic woes it has caused, but the ongoing public health crisis certainly hasn't helped with this burning issue. Along with the epidemiological situation, this is another huge threat to the tourism industry in this country. As Poslovni Dnevnik/Suzana Varosanec writes, with the lack of foreign workers currently available, the mother of all problems for chefs has opened up, and in anticipation of a good summer season for this profession, wage offers are ranging from 10,000 kuna to top…
Saturday, 5 June 2021

Highlights of the Week: 5 Big Events in Croatia from May 31- June 6, 2021

 June 6, 2021 - TCN's highlights of the week. A look at the events in Croatia from May 31 through the selection of TCN's reporter Ivor Kruljac.  From significant political changes after the local elections to the losses and preparations in sport, the week was hyped by a strive for hope in Croatia. But, the tragic murder of Nino Čengić in Varaždin was a painful kick to the stomach. Here is another weekly selection of the news depicting the bittersweet life in Croatia.    © Patrik Macek / PIXSELL Highlights of the week: Tomislav Tomašević officially. becomes the new mayor…
Friday, 4 June 2021

Zlatko Dalic Sends Message to Fans Ahead of Croatia and Belgium Friendly

June 4, 2021 - Zlatko Dalic faced the press on Friday ahead of the Croatia and Belgium friendly this weekend, sending a message that the team understands their obligation to fans in Croatia.  The day before the flight to Brussels, where Croatia will play their last pre-Euro friendly against Belgium, coach Zlatko Dalic sent a message to Croatia fans. He pointed out that the national team is aware of its obligation to the Croatian people. He spoke about the problems in the national team, the pros and cons of the draw against Armenia, and the expectations from players who are dissatisfied…
Friday, 4 June 2021

Several Cities and Counties Get New Heads After Predecessors' Long Terms

ZAGREB, 4 June 2021 - Following Croatia's local election runoffs on 30 May, several long-standing county prefects and mayors were unseated while some decided not to rerun, and on Friday transfers of powers were held in those units of local government and some other cities and county seats. Apart from the focus on the change of power in Zagreb, where the new mayor Tomislav Tomašević of the Green-Left bloc took over office from the acting mayor Jelena Pavičić Vukičević, who temporarily stepped into office after the death of Mayor Milan Bandić on 28 February, the transfer of powers in Pula, Osijek, Sibenik-Knin and Varaždin counties also…
Friday, 4 June 2021

Veterans Minister: Knin Remains Central Location for Operation Storm Commemoration

ZAGREB, 4 June 2021 - War Veterans Minister Tomo Medved said on Friday the 5 August 1995 Operation Storm would be commemorated across the country but that Knin remained the central place for the Victory Day celebration. He was commenting on President Zoran Milanović's proposal that this year Victory Day be commemorated in Glina instead of Knin. Speaking to the press in Petrinja, Medved said 50 towns and municipalities had been financed every year since 2016 where Operation Storm was commemorated, notably in previously occupied areas, adding that the Croatian Army's symbolic victory near Glina had not been forgotten. That's why, he…

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