News

May the 7th, 2022 - The Grand Hotel Brioni has opened its luxurious doors in the much loved Istrian city of Pula, enriching the area's overall tourist offer and providing its guests with stunning views over the nearby Brijuni islands, after which the facility is named. As Poslovni Dnevnik writes, the Grand Hotel Brioni has just opened in the City of Pula and is ready to receive guests after a highly detailed renovation and decoration process which made it one of the largest investments in Croatian tourism, worth over 34 million euros. This luxury hotel has 227 rooms and is part…

May the 7th, 2022 - There are two types of Brit in Croatia. No, not ethnically, but politically. Back in 2016, the United Kingdom of Great Britain and Northern Ireland very narrowly voted to leave the European Union (EU) in a non-binding referendum, the likes of which are not the norm at all in a democracy of the UK's type. Split almost entirely down the middle, the vote to leave the EU came as an enormous European and global shock, sending pound sterling tumbling and causing turmoil following over 40 years of the UK being one of the first and…

ZAGREB, 6 May (2022) - The main Zagreb Stock Exchange (ZSE) indices ended the week in red, with the Crobex falling by 0.92% to 2,110 points and the Crobex10 by 0.87% to 1,257 points. Turnover at the close of the trading session was HRK 10.8 million, about 2.3 million higher than on Thursday. An additional HRK 4.9 million was generated by a block transaction with the Atlantic retail group stock at HRK 1,620 per share. The Atlantic Group stock also generated the highest turnover in the regular session, of HRK 1.74 million. Its price remained stable at HRK 1,640. Three more…

ZAGREB, 6 May (2022) - Vinistra, Croatia's largest and oldest regional wine fair, opened in the northern Adriatic town of Poreč on Friday, with more than 110 exhibitors, including 80 winemakers, taking part. "Istria County has been financially supporting Vinistra since its very beginning because wine and winemaking are part of our tradition and regional identity. Today we can proudly say that Istria is a world brand, both for our wines and our olive oil," said Istria County Prefect Boris Miletić. The State Secretary at the Ministry of Agriculture, Šime Mršić, underscored the importance of the fair for the promotion of…

ZAGREB, 6 May (2022) - Prime Minister Andrej Plenković said on Friday that euro introduction would be positive for Croatia and would enable it to weather challenges better and more easily. Opening a government session, the PM said that the National Council for euro introduction held a session on Wednesday, stressing that he expected the parliament to adopt the relevant law. "I believe that membership in the euro area is a benefit in a crisis as serious like the current one, and that it will help us weather the future challenges better and more easily," he said. He said the…

ZAGREB, 6 May (2022) - Addressing a traditional conference of regional central bank governors in the northern Adriatic town of Rovinj on Friday, Croatian National Bank (HNB) Governor Boris Vujčić said that all central banks have revised down their growth projections for this year and that inflation has not yet reached its peak. Last month, the HNB revised its growth projections for this year, forecasting real GDP growth of 3.2%, down from its previous projection of 4.1%, on the assumption that the war in Ukraine does not last long and energy prices gradually return to normal. The HNB estimates that inflation would…

ZAGREB, 6 May (2022) - Germany is Croatia's most important tourism market, generating 30% of all foreign tourist bed nights last year, and this year Croatia expects an even better result from this market based on cooperation with the German ADAC auto club, Minister of Tourism and Sport Nikolina Brnjac said on Friday. Brnjac paid a working visit to Munich during which she met with representatives of ADAC and tour operators with the aim of better positioning Croatia on that market, notably Slavonia and Dubrovnik-Neretva County. Recalling a Memorandum of Understanding signed with ADAC last year, Brnjac announced that in addition to already…

May 6, 2022 - The latest flight news to Croatia as the second SkyAlps Brač line has been announced, this time connecting Milan and Brač Airport.  Italian airline SkyAlps has announced its second route to Brač Airport in this year's summer flight schedule, reports Croatian Aviation.  Namely, on May 21 this year, SkyAlps will introduce a regular seasonal line between Brač and Bolzano, an Italian city in the Trentino region. From the end of May, this line will operate once a week, every Saturday, serviced by DashQ400 aircraft with a capacity of 78 passengers. However, this Italian airline also sold tickets…

ZAGREB, 6 May (2022) - Žito Group and E.ON Solar, a company that is part of the E.ON Croatia Group, have signed a contract for the construction of a solar power plant on the premises of the vegetable oil factory in Čepin, which is expected to help save 2.6 gigawatt hours of energy a year and should be put into operation in June. The new solar power plant will be the eight solar power plant Žito Group operates as part of its energy and environmental strategy. The seven previously built plants have a total capacity of 2.3 megawatts. The new plant…

ZAGREB, 6 May (2022) - Croatia is advocating an exemption that would enable it to continue importing a petroleum derivative for the production of diesel at the oil refinery in Rijeka beyond 2022, the Večernji List daily of Friday reports.  In discussions among members of the Council of the EU, which is expected to adopt a proposal by the European Commission to impose a ban on Russian oil imports in six months' time and a ban on the import of Russian oil products by the end of the year, Croatia advocates an exemption that would enable it to continue importing beyond…