ZAGREB, September 8, 2019 - The value of construction work in Croatia, performed by companies employing 20 workers or more, increased by 10.6% in the second quarter of 2019 compared with the same period in 2018, while at the same time the value of new orders increased by 3.7%, data from the National Bureau of Statistics (DZS) show.

The value of construction work was 6.68 billion kuna, of which 4.47 billion kuna related to work performed by own workers and 2.21 billion kuna to work carried out by subcontractors. 47.2% of the work was done on buildings and 52.8% on other structures.

The value of new orders was 5.06 billion kuna, of which 2.39 billion kuna related to buildings and 2.67 billion kuna to other structures.

In statistics, the term "other structures" includes roads, railway lines, pipelines, dams, sports grounds and the like.

More economic news can be found in the Business section.

ZAGREB, June 18, 2019 - Croatia's IGH civil engineering company has been selected, along with the Romanian Constructii company, to design and complete the construction of a 26-kilometre leg of a Romanian motorway, and the job is valued at 3.43 million euro, the company reported on Monday.

Romania's National Company for the Administration of Road Infrastructure has commissioned the construction of the motorway which will largely be financed with EU funds.

The total value of the motorway is 76.4 million, euro while the company's contract is worth 3.43 million euro, IGH said.

A contract is expected to be signed after the 10-day appeal period ends and it is expected that construction could begin during the summer and should be completed within 2 years, IGH said in a press release.

With this contract, IGH will have met its strategic objective to generate by 2023 more than 50% of its revenue from several developed foreign branches, the company said.

"IGH is more than welcome on the Romanian market. After two years of preparation, we have finally won a big job. I am convinced that this is just the first of many big jobs IGH will get for the development of new motorways in Romania," the company's advisor for the Romanian market Tibor Gibanica said.

The company's long term plan is to open a branch office in Romania and continue efforts to connect and cooperate with local and foreign partners that are already active on that market, IGH's press release said.

The company already has a branch in Georgia, which opened in 2016 after the company won its first contract in that country. Currently that branch employs about 100 workers working on five projects and on obtaining new contracts, the company underscored.

More news about relations between Croatia and Romania can be found in the Politics section.

ZAGREB, May 31, 2019 - The volume of construction work in Croatia in March 2019 was 11.2% higher than in March 2018 and up by 13.7% in Q1 compared to Q1 last year, making it the best quarter since Q1 2008, data from the State Bureau of Statistics (DZS) show.

Month on month, construction output in March was down 2% compared to February.

The volume of works on buildings increased by 9.1% and by 14.4% on other structures year on year.

According to the DZS, other structures include roads, railways, pipelines, bridges, dams, sports grounds and the like.

According to DZS figures in the first three months of the year, construction activities increased by 13.7% compared to the same period last year.

Works to buildings in that period increased by 12.7% and infrastructure and public works increased by 15.2%.

The number of building permits issued in Q1 was up by 8.1% and the value of works to be conducted increased by 25.6% in that period.

The Central Finance and Contracting Agency (SAFU) informed that currently there are more than 300 construction sites around the country with almost 500 contracts valued at 23 billion kuna.

The Croatian Chamber of Commerce (HGK) commented that "growth in construction activities attract higher amounts from EU Funds. That is still being thwarted however by the lack of construction workers, HGK concluded.

More news about Croatian economy can be found in the Business section.

ZAGREB, August 19, 2018 - In June 2018, 602 building permits were issued in Croatia, down 18.2% on the year, for works totalling 1.37 billion kuna, down 33.1% on the year, the national statistical office has said.

ZAGREB, July 30, 2018 -The Croatian blue-chip civil engineering company Ingra said on Monday that an Algerian investor had unfoundedly, unilaterally and contrary to contract stipulations called for the payment of bank guarantees in a project involving the construction of a hospital in Algeria and terminated the contract with that Croatian construction company.

ZAGREB, July 22, 2018 - A total of 795 building permits were issued in Croatia in May 2018, down 7.7% from the same month in 2017, and the estimated value of works for which the permits were issued was 1.85 billion kuna or 24.13% less than last year, data from the National Bureau of Statistics (DZS) shows.

The main contract will be signed later this month.

ZAGREB, April 3, 2018 - The volume of construction works in January 2018 was 6.8% higher than in the same month of 2017, which is the highest increase since December 2016, and a rate higher than the EU average, showed preliminary statistics published by the national statistical office (DZS).

ZAGREB, March 28, 2018 - Croatian companies can be included in the construction of the Pelješac Bridge, the Croatian Chamber of Commerce (HGK) said on Wednesday.

ZAGREB, March 18, 2018 - A total of 676 building permits were issued in Croatia in January 2018, an increase of 1.2% compared to January 2017, the Croatian Bureau of Statistics (DZS) has said.