News

May the 28th, 2021 - Croatian employers have proposed that the Croatian Government keep some economic measures, namely the job preservation measures introduced to try to combat the economic effects of the pandemic in 2020, in place for longer than planned. As Poslovni Dnevnik/Ana Blaskovic writes, with the abolition of some of the country's epidemiological measures with even more relaxations to come in the foreseeable future, the Croatian Employers' Association (HUP) sent to the Minister of Finance Zdravko Maric proposals for a new set of economic measures. The existing ones, this association of Croatian employers says, should be very carefully…

May the 28th, 2021 - Croatia is very well known on the wine map for the fantastic products it sends out into the world, and the Istrian Kabola winery has seen inheritance turn into 130 years of tradition. As Poslovni Dnevnik/Marta Duic writes,reliability, tradition and consumer confidence are the key to the success of any wine heritage story, and those points are all more than well known and applied by the popular Istrian Kabola winery, which is set to celebrate its 130th anniversary at the end of this month. As many as three generations of the Markezic family have been…

May the 28th, 2021 - Croatia is set to follow in the footsteps of multiple European countries such as the United Kingdom who have made the possibility of testing for the novel coronavirus at home an option for a long time now. While the move will relieve the pressure on testing centres and just be more convenient in general, where will Croatian home coronavirus test results be actually accepted? As Poslovni Dnevnik writes, a member of the Management Board of Medika, Jakov Radosevic, was a recent guest on New Day/Novi Dan and commented on the introduction of rapid tests for…

May the 28th, 2021 - The coronavirus crisis might be the ''crisis of the moment'' as morbid as that sounds, but the Croatian demographic crisis is never far from the surface. The issues with people not only leaving but dying in Croatia are dire, and with losses of 20,000 people per year, plus emigration, the country is in a horrendous position demographically. As Poslovni Dnevnik/Ana Blaskovic writes, the number one topic which needs to be discussed is demography because Croatia at the very end of the world in terms of demographic trends, warned Marin Strmota from the Faculty of Economics…

May 28, 2021 - Nikola Vlašić talks about the excellent atmosphere on the Croatia national team and promises a spectacle against England at Wembley.  After an extraordinary season in the CSKA Moscow shirt, where he profiled himself as one of the best players in the Russian league, Nikola Vlašić is full of motivation at the Croatia national team preparations, reports HNS. Croatia will open their European Championship campaign against England on June 13 at Wembley, and Nikola Vlašić believes that coach Zlatko Dalić has numerous trump cards for such a tough meeting.   "It's always a motive to play for…

ZAGREB, 27 May 2021 - The Croatian Regulatory Authority for Network Industries (HAKOM) has launched a public auction for 5G frequencies, applications can be submitted from today until 11 June, it is expected that licenses will be allocated by the end of August, and revenue is expected to be at least HRK 300 million. The HAKOM Council decided this at its meeting on Thursday, and Chairman Tonko Obuljen told Hina that they expected great interest from operators for this public auction. "We believe that the positive effects of 5G technology on economic growth will be shown very soon," he said.…

ZAGREB, 27 May 2021 - A flight from Dublin with about 100 passengers landed in Zagreb on Thursday, whereby Croatia Airlines (CA) and Zagreb International Airport (MZLZ) marked the relaunch on flights on that route after they had been suspended due to the pandemic, and CA hopes to intensify flights to European destinations. The national flag carrier CA hopes to expand its flight network from Croatia to European destinations and as part of its plans, it will intensify flights on the Zagreb-Dublin route. There will be two flights a week on that route, on Thursdays and Sundays, and the plan is to adapt to current market demand, depending on the…

ZAGREB, 27 May 2021 - Croatia and Taiwan continued expanding their economic relations, despite the pandemic, and cooperation can be bolstered in IT, tourism, supplies of medical equipment surveillance equipment, cosmetics, and food products, a meeting of the Taiwan-Croatia Business Council heard on Thursday. The meeting was organized by the Croatian Chamber of Commerce (HGK), the Chinese International Economic Cooperation Association (CIECA), Taiwan, and the Importers and Exporters Association of Taipei (IEAT). Ivan Barbarić at HGK said that the main topic of today's meeting was smart tourism and IT solutions for other sectors. CIECA advisor Fred P. C. Huang underscored that…

ZAGREB, 27 May 2021 - Draft amendments to the Act on Establishing the Hydrocarbon Agency,  which was discussed by lawmakers on Thursday, will expand the agency's powers and adjust its activities to the exploration and exploitation of geothermal resources and underground gas storage. The economy and sustainable development ministry's state secretary Ivo Milatić informed the parliament that the agency's participation in amending zoning plans would be also expanded. Milatić said that only 18% of Croatia's needs for oil were now covered by production from domestic sources, and therefore it was important to find new sources. The logic behind the production of energy…

ZAGREB, 27 May 2021 - Comping, a leading Croatian IT company, has taken over Megatrend Business Solutions, to expand its business concerning high technological solutions, Comping's management board director Alojzije Jukić told a news conference in Zagreb on Thursday. Both sides said that they were happy with the transaction, however, they stopped short of revealing the value of the transaction. "The acquisition of the majority of Megatrend Business Solutions (about 90%) will help us to additionally strengthen our market position, particularly in the data center area, business analytics infrastructure. In that regard, we plan a data center in Buzin where we will invest about €2 million…