Thursday, 20 June 2019

Croatian Entrepreneur Marin Bek Continues to Impress

As Novac/Gordana Grgas writes on the 20th of June, 2019, Marin Bek is just 33 years old, is a Croatian entrepreneur and has founded three technology startups so far, and two have not only survived, but flourished. In Croatia, they have twenty employees, and by the end of the year, as announced, that number will hopefully be doubled. At the recent JobFair which was held in Zagreb, many candidates were attracted and interviews are getting under way now.

Bek is a member of a promising new generation of Croatian entrepreneurs who are experiencing problems around them and are therefore creating smart IT solutions to deal with them instead of merely complaining. Bek first ''dived into the water'' after graduating from the Faculty of Electrical Engineering and Computing in Zagreb, and after borrowing 3000 kuna from his cousins to be able to participate in the American startup accelerator Foundation Institute in Zagreb back in 2012.

He first began his startup in the Silicon Valley, with a startup for autonomous underwater vehicles that he called Marine Tech Factory (MTF), he raised capital from numerous business angels, and sought to sell a solution to the oil industry. That, however, unfortunately failed.

When talking about the reasons for that early failure, with a smile on his face, Bek states that he believes he probably came out with it too early on the market.

"Today, I'd say that I worked on underwater drones, which was my graduate thesis at FER. Now that's sitting and collecting dust in a warehouse at the faculty. When the MTF idea collapsed, I was left without any money so I found a job as an IT developer,'' stated Bek when discussing his very first experiences in the United States.

But this failure, and then climbing up to the position of technology director in an innovative startup called Nextuser from San Francisco, where he participated in finding an investor in the total amount of 2.5 million dollars, brought him, as he himself noted, knowledge and a much better feeling for his return to the challenging entrepreneurial waters.

To speak more specifically, in the seed round of capital that just closed for his startup, the main investor is a Canadian, who he initially met back then. Meet Ascalia, a Croatian company that has raised about 200,000 euros, and is immediately moving forward to the much larger so-called ''A round'', which deals with venture capital funds in the amount of about one million euros.

"Ascalia must grow fast," claims Bek resolutely. The idea behind it was conceived for IoT (Internet of Things) systems in the industry and in cities.

With his partner with Dejan Strbad, he also leads Kraken, a local IT company that is approaching about one million euros of income in the field of distributed data collection and processing systems with the help of machine learning. They therefore deal with large data, and their projects include those for Carrefour, Nestle, Ferrero and even Forbes.

Ascalia is currently focused on industry, and this Croatian entrepreneur was given a lift recently with a victory at the Start.Up! Germany Roadshow competition, and owing to that victory, in autumn he will take a tour of the Bavarian factories.

They have created software and a device called ADS, a kind of "plug socket" that supports numerous protocols for industrial machines that have been in existence since 1979, and then connects them to the Internet. Thus, a smart company is created without the need for any big investments, and its a viable Croatian solution that they'll also try to sell to the Germans.

''Protocol is the way the machines speak to each other, through which information is transmitted. Through our device and software, we can measure and monitor the work of the machines online, even with the old ones that are still heavily used in the industry. In the case of sawmills, one of which is one of our clients, it means that the device can read the data coming from the saw, and with the application of artificial intelligence, it can predict when some of them will break. Through emails or via the application (app), this message will be sent to a manager who can then respond in time,'' explained this highly talented Croatian entrepreneur.

The main mission of Ascalia is precisely that, optimising energy consumption and improving production processes. The main clients in Croatia are industrial equipment dealers who also maintain factory facilities, and one of them, Zigg-Pro, actually gave them the idea to develop ADS.

''This is how you raise the level of modernisation, and there's no breakdown of the plant's system of operation and no expensive new machines have to be procured,'' explained Bek. The company's interest in making its plant ''smarter'' is great, various technical directors have visited, and their plants are currently in Delnice, with another near Zagreb.

They're only now ''waking up'', and they're currently not active in looking for clients, first they have to grow financially and personally, explains Bek. Although in his business biography he notes that his expertise in IoT systems and the integration of machine learning algorithms into everyday processes "is now his main activity'' as a manager.

Make sure to follow our dedicated business and Made in Croatia pages for much more.

Wednesday, 19 June 2019

Flight Cancelled or Delayed? Meet Croatia's ClaimDon

June the 19th, 2019 - Travelling is a lot of fun, and often you won’t think about issues that might happen when you’re planning your vacation. One of the most inconvenient things that can happen is definitely when your flight to a destination is cancelled, delayed or you're denied boarding. Meet ClaimDon.

A situation like this directly affects your holiday or business and makes you lose time in a place you did not plan to stay and spend money on expenses like unplanned accommodation, transfers, food, or a new ticket.

To protect passengers, the European Commission (EC) introduced regulation 261/2004. The regulation is set on standard rules on compensation and assistance for passengers in the event of denied boarding, flight cancellations, or the long delays of flights.

This regulation applies to all worldwide airlines when departure takes place within the EU and in the case of flights from outside the EU to a destination within the EU, only to airlines licensed in a Member State of the EU. This relatively unknown regulation is helping passengers to get compensation from airlines in case of delayed, cancelled or denied flights, up to six years back, if a passenger meets all the conditions for the compensation.

Depending on if the flight was cancelled, delayed or boarding denied, there are several rights a passenger can use and get compensation for from the airline. Some of the passenger rights include right to compensation, the right to choose between reimbursement, re-routing, returning, the right to care, which means the passenger should receive meals and drinks proportionate to the length of their, two free telephone calls, telefax or e-mails, and accommodation and transport between their accommodation and an airport if an overnight stay is required.

The compensation depends on the flight length and in the case of a delay, the length of the delay at the final destination, and compensation ranges from 250 to 600 EUR.

Even though the regulation prescribes certain rights to passengers in cases like this, airlines openly contest EU legislation and try to refuse the payment of such compensation, mostly relying on extraordinary circumstances as an excuse. Extraordinary circumstances are caused by events that the airline can’t control and for which they are not at fault.

Since passengers are not familiar with the reasons that qualify as extraordinary circumstances, airlines expand that meaning to avoid paying.

Additionally, the passenger is often unable to get access to proper information and/or has no way to contact the airline. The passenger has the right to send the complaint to a relevant organisation or body for an alternative dispute resolve in the country of origin. This procedure differs from country to country because there isn’t any prescribed deadline to get the feedback on this.

If a passenger doesn’t come to the resolution directly with the airline, the compensation process is prolonged, and most of the individual passengers will avoid the inconveniences of court procedures and the expenses they will have in such cases.

Recent research showed that a mere 35% of passengers only are aware of compensation possibilities, and only 3.6 % know their rights. An estimated number shows there were 16,1 million of passengers, who, in 2017, could ask for refund or compensation.

When we know that in just seven days, there were 1,635 cancelled flights and 48,162 flight delays at the same time, we can see there is quite a number of people who experienced situations like this during their travel plans. In case a passenger is aware of his rights promised by regulation 261/500, he can start the process on own or hire a company to do it for him.

The individual process depends on passenger determinedness and knowledge, on the airline, and on the circumstances of the case. If a passenger chooses to engage a company that will do the process of applying for compensation and getting the airline to reimburse part of the expenses, they first need to submit their case and see which rights they're entitled to.

The first Croatia based company carrying out the service of obtaining compensation from airlines in the event of flight cancellation, delay or denied boarding in accordance with the EU Regulation 261/2004 is ClaimDon – and they have been doing it since 2017.

TCN had a chat with Teodora and Tino from the ClaimDon team, and they told us this idea started after experiencing flight cancellations themselves, and Teodora explained how she went through the whole process of claiming her rights. Afterwards, they researched the market and created an automated system to make the service simple to use.

Additionally, they worked on getting the legal support and attorneys specialised in this field to have them participate in legal action if the airline doesn’t agree on the direct agreement. Teodora said most of the client cases are positively solved if all of the necessary documentation and a basis for compensation are there.

The biggest issue they face is mostly the duration of the process. They are working on obtaining rights to get compensation or the right to be reimbursed for additional expenses when a passenger wants to start the compensation process but doesn’t have the knowledge, will or time to do it on their own.

The automated system estimates the rights and the compensation depending on the individual case. After submitting a claim, the company takes over the process of dealing with the airline. They work on a principle of ''no win no fee'', which means they charge for the service only if they successfully resolve the case and then donate part of the fee to a charity of the passenger's choice.

The first thing they do is to start direct communication with the airline, and in case of no positive outcome, attorneys throughout the EU are contacted, and all of the lawyer's fees are covered. This process can take time, but the outcome should be positive in the end if all of the requirements are met.

Companies like ClaimDon serve as a tool for the passengers. 

Additionally, one of the goals is to inform passengers of their rights and what to do in case of a flight being cancelled, delayed, or boarding denied. If you get to know your rights more, you can know what to do in unfortunate circumstances when your journey doesn’t go as planned.

You can find more about how to apply for compensation on ClaimDon's website or fill in the form here.

For more information on Croatian companies, follow our dedicated business page.

Monday, 17 June 2019

Croatian Company Places Franchise in Sint Maarten, Caribbean

As Poslovni Dnevnik writes on the 17th of June, 2019, the Croatian company Carwiz International has launched a franchise business of its brand on no less than the distant Caribbean market, more specifically on the island of Sint. Maarten.

Currently, negotiations are underway regarding the positioning of the Croatian Carwiz rent-a-car on the surrounding Caribbean islands, too, thus successfully completing the additional global positioning of this Croatian brand after its success in Croatia, Greece, Bosnia and Herzegovina, Latvia, Cyprus, Morocco, Turkey, Serbia and Albania. It's also Carwiz International's first real business step towards distant, overseas markets.

According to Krešimir Dobrilović, the director and owner of Carwiz, the placement of this Croatian company on the distant Caribbean market has achieved great success:

"It's well known that the Caribbean, more specifically Sint. Maarten, is an exceptionally strong tourist destination. It's a destination with tourism achievements which have received respected in the international context. Our partners with whom we've completed the franchise placement process, are absolutely sure that the business results we're expect in the coming years will be achieved. Additionally, by strengthening the brand and promoting it through the available channels, we expect the Carwiz family will find its way to some other Caribbean destinations soon,''

Over the past few years, the Caribbean has recorded over thirty million visitors annually. Bearing in mind that guests visiting the Caribbean are usually those with more money to spend, from the US, Canada and European markets, and the spending in these destinations is growing at an average of three percent a year, making Carwiz's success on this market even more significant.

To date, the Croatian company Carwiz International has successfully achieved franchise network placement on the markets of Greece, Bosnia and Herzegovina, Latvia, Cyprus, Morocco, Turkey, Serbia and Albania.

The management of Carwiz is currently conducting franchise cooperation negotiations with as many as twenty rent-a-car companies from around the world, including with the markets of Vietnam, Brazil, Russia, Malaysia, Malta, Portugal, and Spain.

Today, Carwiz employs almost 100 people and operates through online sales channels and through thirteen branch offices in all major cities and tourist destinations across the Republic of Croatia.

Through B2B channels, they operate with virtually all major international tourism-emitting markets. Significant results were achieved after only two years of doing business, while a turnover of fifty million kuna was realised in the past year alone.

This Croatian company's total traffic grew by more than 100 percent when compared to 2017, as did the number of employees.

Follow our dedicated business page for much more on Croatian companies, products and services.

Monday, 17 June 2019

Croatian Company Without Own Office Creates Software for NASA, eBay...

As Novac/Filip Pavic writes on the 16th of June, 2019, Gembox and Testdome, two Croatian sister IT companies, aren't unique just because their software is used by the likes of NASA, Microsoft, Verizon, UEFA and eBay, but also because they're the only Croatian startups who don't even have their own office, and according to them, that's actually intentional.

Both Croatian companies were founded by Željko Švedić, he's the owner and founder of Gembox, and he's the co-owner of Testdome with the director Mario Živić. These two Croatian companies are the pioneers of the new international IT trend, which encompasses so-called remote work, and their employees, who are mostly developers, work from home from around the world, they're scattered all over, from Australia and the USA to India and even Lithuania.

"We've realised that we can employ people from all over the world in this way, and that we're not always having to move into new and bigger offices. Programmers aren't bothered by that, they like tasks that are precise and they can sit comfortably for eight hours at their computers at home without needing people around them to motivate them. However, that's not for everyone, some find that working from home, in fact, means a ''free day'', Švedić said when describing the pros and cons of remote work such as this.

Gembox and Testdome employ a total of seventeen people, and although the stories of the two companies are inextricably linked, they deal with quite different things. It all began back in 2006, says Švedić, a native of Slavonski Brod.

After he resigned from Microsoft Croatia and then went to work for one year over in the US, Švedić returned to Croatia as a 26-year-old with a FER degree in his pocket and a few thousand dollars in savings. He was young and he had two options in front of him. His plans were either to launch something of his own, or get a job employed in some Croatian IT company. However, he decided, like a real developer, to retire to his basement and come up with some solutions that could make him some money. That was the beginning of Gembox's story.

"Back then, I programmed parts of the software, the component for importing and exporting data to Word, Excel, and similar formats. For example, if you go to the UEFA page to view the results of a match and download them in PDF format, it's very likely that our software was used,'' said Švedić, comparing it with the car industry - as there are small companies that produce car parts, such as airbags, and then all manufacturers incorporate it into their cars, just like Gembox produces parts of software that other companies then embed into their applications.

However, as goes the story for almost all Croatian companies, the beginning was extremely difficult, because he had no idea how to sell and properly place his product. He was forced to learn about digital advertising and website optimisation. After the first few years, Gembox managed to get up on its own financially, and then a new problem emerged - the problem of recruiting.

''When I became profitable, the second stage was to hire people, but I didn't know how to do it. The programmers who came to the interviews were quite weak in programming, regardless of their resume and what they were saying about themselves.

I realised then that we needed a better competence testing system. It was the start of the new company, TestDome, with which we created an online test system for job candidates,''

His acquaintance from back in his high school days, Mario Živić from Požega, played a crucial role throughout the whole story.

He got better acquainted with state-run IT competitions and tenders, Both of them, with several years of difference between them, were both national champions, and later they both won Bronze at international and European programming competitions.

Zivić also enrolled at FER, and remained close to the world of such competitions, he designed tasks for high school computer science competitions. Years later, more precisely in 2011, the pair happened to meet randomly, and Švedić then presented his idea to Zivić, which was the aforementioned online system for selecting potential job candidates. Zivić, who for nine years worked for Ericsson Nikola Tesla as a manager, recognised the potential and realised that he could contribute to the whole thing with his own extensive experience.

''Every manager can list several differences between good and bad employees, but they won't know how to test that out. The point is that candidates are best tested by applying knowledge rather than reproducing it,'' said Zivić, who owns 20 percent of this Croatian company, and who also holds the position of company manager.

What sets TestDome apart is the fact that job candidates, and these candidates may be applying for positions in sales, as managers, experts, programmers... are tested on real-world, real life examples of their potential job position, instead of undergoing universal and generic intelligence tests.

With this piece of Croatian innovation, a candidate for a project manager's position, for example, will receive examples of three projects and must be able to calculate the monetary valuation estimate to assess the risk of each project. A developer will get a code line with errors, and in ten minutes, he must find those errors and correct them.

''There's a trend when it comes to professions in engineering, the better the resume, the worse the employee. The ability to write a resume is a marketing capability, so if you're looking for someone to sell something for you, then you're judging a resume, but if you're looking for someone to design a nuclear power plant's software, you'll want someone who is introverted and for whom it's no problem to sit in solitude and write code,'' said Živić.

Additionally, thanks to the Croatian TestDome, the employer doesn't have to go through the initial selection or meet the candidates in their office because everything they need is right there online. 

TestDome and Gembox are yet more amazing examples of Croatian innovation, one of which works to limit time wasted by both potential employer and potential employee, giving way to a quicker and more efficient route of finding the right person for the right job.

Make sure to follow our dedicated business and Made in Croatia pages for much more on Croatian companies, Croatian products and services, Croatian startups, businesses, and investing in Croatia.

Wednesday, 12 June 2019

Karlovac Weapons Manufacturer Wins Prestigious Fina Award

As Poslovni Dnevnik writes on the 11th of June, 2019, Fina declared New Yorker as the most successful retailer, while Zagreb's Global food (Globalna hrana) company in is the most successful entrepreneur in tourism and hospitality, and in the field of professional, scientific and technical activities, the winner is Booking.com.

The Karlovac-based arms producer HS Produkt was awarded the Fina's Golden Balance Award for the most successful company in terms of financial rating in 2018, and with this award for the overall winner, the Karlovac company was also awarded the Golden Balance for the most successful entrepreneur in the manufacturing industry.

The Golden Balance is the award given by the Financial Agency (Fina) to the most successful entrepreneurs/companies in each business, it is attributed in the scope of the overall ranking of eleven financial indicators in five categories, according to the indicators of profitability, liquidity, indebtedness, activity and cost-effectiveness.

Out of the 131,117 companies who submitted their financial reports based on Fina's methodology, a mere 3,930 were selected, who then entered a shortlist for the award, which was comprised of 208 micro entrepreneurs, 2,527 small entrepreneurs, 978 medium, and 217 large-sized entrepreneurs.

In addition to HS Produkt, Gold Balance Awards were also awarded to Bovis from Viškovac as the most successful entrepreneur in agriculture, forestry and fisheries, followed by Radlovac from Orahovica in mining and quarrying, HEP Proizvodnja (Production) in electricity, gas, steam and air conditioning supply, and Spectra-media from Zagreb for water supply; sewage disposal, waste management and environmental remediation activities.

The most successful retailer, as previously stated, is New Yorker, while the Global food (Globalna hrana) company from Zagreb is the most successful entrepreneur in tourism and hospitality, and in the field of professional, scientific and technical activities, the winner is Booking.com.

Among the construction industry, the Split Road Company was awarded, Zadar Airport was proclaimed the most successful in the field of transport and storage, and Hewlett Packard was awarded by FINA in the field of information and communication activities.

Minister of Economy, Darko Horvat, pointed out that all winners won awards in conditions where there is no improvisation, only the facts and figures referring to the last year in which the Croatian economy grew by 2.6 percent.

Horvat estimated that the first quarter of this year opened a "new perspective" and that the second quarter would be "similar." In the first quarter of 2019, Croatia's GDP grew by 3.9 percent in comparison to the same period last year. He hopes for the economy to grow by 5 percent next.

He pointed out that the competent ministry and Fina worked together on several projects, mentioning the creation of a legislative framework that will allow for e-bills to be exchanged from the beginning of next year through already existing infrastructure.

Make sure to follow our dedicated business page for much more.

Sunday, 9 June 2019

Croatia's Infobip Continues to Impress at EY Entrepreneur of the Year

Croatian companies are becoming all the more successful in spite of the red tape the state often places in their way. Uhljebs (click here) survive like bacteria under a toilet seat within Croatia's many draconian laws which are no friend to the entrepreneur or the investor, much less the Croatian company. The beast, also known as the Croatian bureaucratic machine, is a difficult one to conquer, but while many try and fail, some succeed. The tale of the Croatian company Infobip is one such inspiring success story.

As Novac writes on the 9th of June, 2019, Silvio Kutić is the founder of the wildly successful Croatian technology giant Infobip.

What has Silvio, and thus Infobip, accomplished?

Vodnjan's Infobip was recently declared the best A2P (application-to-person) service in the world. This is the third year that this company has been ranked number one by mobile operators' ratings, but for the first time, Enterprise research was launched, where leading global companies from different industrial sectors rated A2P service providers, and this company from Croatia ranked first.

Why is this so important?

Infobip is so impressive because of its continuity and the confidence it has managed to instill in disillusioned people that have written off their country and the chance of the progression of their professional lives within it, which is a move that has been made by many, this company has proved that top projects and the creation of top-ranking, globally relevant companies can be done here in Croatia. Infobip is not the only one to have set such a shining example, but alongside Rimac Automobili, which has recently announced an expansion of their plant near Sveta Nedelja near Zagreb.

How does Infobip work?

After a series of attempts, Kutić decided to develop technology solutions for business customers, and back in 2006, along with his brother Robert and partner Izabela Jelenić, he founded Infobip, a world-class ICT company with sixty offices across six continents, and successfully competing with all of the competition from within the same field, of which there's no shortage. The company's services were used by a massive 4.7 billion people just last year alone, and their global customers include Uber, Facebook and WhatsApp. The number of employees has long since surpassed the 1,000 mark, are scattered around the world, and Infobip's revenue is measured in millions of dollars.

What will Infobip do in the future?

Infobip is continuing to reinvest what they earn. The money goes back into research and development, the improvement of cloud infrastructure, the strengthening of their centres and the overall quality of the services they provide. Infobip's main intention is to remain on top and develop more technology. The Vodnjan-based campus, which has long since called the "Croatian Google", is a clear sign that they have every intention to do it all from right here in Croatia.

Make sure to follow our dedicated business and Made in Croatia pages for much more.

Saturday, 8 June 2019

Croatian IT Company from Osijek Continues to Grow, Worth 2 Million Kuna

As Poslovni Dnevnik/Lucija Spiljak writes on the 8th of June, 2019, over the years, this Croatian company has invested resources in technology research and the development of new products and functionalities in the domain of business information systems.

The expansion of the Spin company, which deals with IT, in its new office with its new 350-square-metre investment is now worth over two million kuna, bringing the company as many as twenty new jobs.

In the newly adapted attic, there are six offices, a conference room, a kitchen, and even a relaxing area for socialising.

"The goal of upgrading the business space is to provide a pleasant environment that will have a positive influence on the satisfaction and the productivity of our employees, as well as business development," they said from this successful Croatian company.

Osijek's Spin has been operating since as far back as 1990, employing 62 permanent employees, and investing heavily in intensive internal and external education. They are growing steadily and at the very beginning of the business, this Croatian company experienced growth of 15-20 percent per year, while in the last five years, they've grown by seven percent.

In the year 2018, they managed to make a massive 17.5 million kuna, as they say from the company, and the company's newly created value stood at more than 14 million kuna. "We're pleased with the growth and development of our business, especially the stability and the structure of revenue, with more than 80 percent of our revenue being from our own products and services, and we're entering this year with growth as well, and we expect 2019's growth to be 3-5 percent better than that of last year,'' said Ivan Matejašić, Spin's director.

This Croatian company is primarily concerned with the development and implementation of business information systems and the maintenance of the long-term vitality of their system's information systems. That's where Jupiter Software - an integral system and a leading solution in the field of agriculture, food and chemical industry, trade and a wide range of service activities, comes in. Jupiter Software provides a unique interface and an information space for managing all of the business processes within the company.

This system is used by more than 300 companies within Croatia's region, of which 45 are on the list of the TOP 500 Croatian companies. As for this Osijek-based company, Poslovni Dnevnik asked Spin'd director to assess the current situation in Slavonia, as this region is most often mentioned as an example and result of Croatia's burning problems of labour shortages and the departure of the workforce.

In Slavonia, they say they're struggling with a lack of quality staff and various economic circumstances such as the burdensome Croatian tax system and the state of public administration, but the entrepreneur added that he is adjusting, adapting, and invests his energy in good planning and proper organisation.

Make sure to follow our dedicated business page for much more on Croatian companies, Croatian products and services, and doing business in Croatia.

Saturday, 8 June 2019

Croatian Companies More and More Prevalent on Russian Market

As Poslovni Dnevnik/Sergej Novosel Vuckovic writes on the 6th of June, 2019, the economic cooperation between the Republic of Croatia and Russia is growing, with more Croatian companies appearing on the Russian market, and with that, more and more Russian tourists are coming to Croatia.

It's easily seen that there has been significant growth in terms of Croatia's economic cooperation with Russia, and there are now more and more Russian tourists visiting the country, and according to the experience of the Croatian Chamber of Commerce's (HGK) Moscow office, more and more Croatian companies and entrepreneurs are looking for opportunities on the large Russian market, at least according to HGK's Luka Burilović who made the statement from St. Petersburg, where the Croatian Chamber of Commerce's delegation led by Economy Minister Darko Horvat participated in the International Economic Forum SPIEF recently.

The gathering is considered as one of the world's largest business meeting venues for business interests in Russia and on developing markets.

In the name of HGK, Burilović held a meeting with Russia's Sergej Čerjomin, on further possible economic cooperation and the organisation of the forums of Croatian and Moscow companies on July the 1st.

The worth of trade in goods between Croatia and Russia currently stands at about three billion dollars, but the goal is to reach and eventually surpass the former 3.4 billion dollar amount. Some Croatian companies are major exporters to Russia, such as AD Plastik and Belupo, which have both been recently awarded as the best Croatian exporters to the Russian Federation last year.

The fact that the Petersburg forum was the place to be for all things business was highlighted by the fact that its guest was the president of China, Xi Jinping.

Detailed discussions were held about trends in international economics, human development, environment and trade, technological achievements and much more between 5,000 representatives of both political and business circles, scientists, the public and media from all over the world.

Follow our dedicated business page for much more on Croatian companies, Croatian products and services, and the Croatian business and investment world.

Wednesday, 5 June 2019

VIDEO: Discover Rimac - Factory Tour with Mate Rimac, Episode 2

June the 5th, 2019 - Mate Rimac is by far one of Croatia's most astonishing entrepreneurial success stories. While many try and few manage to succeed thanks to the endless amounts of red tape the Croatian state likes to place in the way of any possible chance of success, this innovative Croat is one of the very few who was doggedly determined, and ended up experiencing success nobody could have ever expected, much less himself.

Recently, we wrote two articles on filming at Rimac Automobili near Zagreb, one of which involved a British YouTuber, Shmee150, visiting the home of Croatia's miraculous supercars and leaving amazed by its founder, who guided him personally around the factory speaking in perfect English.

The YouTuber was also clearly taken aback by his intimate knowledge of every detail involved in the production that takes place at Rimac Automobili's plant. The fact that all of this was happening in Croatia also came as an obvious shock to the YouTuber, who was more than grateful to the amazing Mate Rimac for his time.

It seems that this extremely talented Croatian entrepreneur born in Livno, Bosnia and Herzegovina, got a bit of a taste for filming at his plant, and created a series on what takes place there. Rimac has since uploaded episode one of ''Discover Rimac Today'' on YouTube, where he uploads videos in a series about all the goings on within his company, showing them to the world, with he himself as the guide.

Rimac's success has been barely comprehensible, especially in the face of the common negativity and range of ''impossibilities'' investors and entrepreneurs often find themselves in here in Croatia. The Croatian state's dark and murky waters are apparently no match for Rimac, and his company has experienced a truly incredible level of growth in the last few years while others stagnate in the face of Croatia's outdated, often unforgiving and draconian policies.

Instead of being bogged down in complaining about the state and drinking coffee all day, Rimac just keeps on going. He has now uploaded the second part of his series. Watch it here:

Make sure to follow our dedicated Made in Croatia and business pages for much more. Subscribe to the channel here.

Friday, 31 May 2019

Croatia's Infobip Proclaimed World's Best A2P Service Provider in London

Paddling through a muddy array of depressing stories about companies operating (or not, as the case usually is) in Croatia, Infobip continues to attract nothing but positive headlines and encouraging articles from across the board. This Croatian IT company appears to be going from strength to strength and this has been confirmed once again in the British capital.

As Darko Bicak/Poslovni Dnevnik writes on the 30th of May, 2019, this Croatian IT company has been proclaimed the best owing to the votes of 350 global telecom companies and 265 other companies. The Croatian IT company Infobip, which employs 1,600 people not only in Croatia but globally, was proclaimed the best A2P (application-to-person) service provider in the whole world.

As announced by the company at the ROCCO Awards (Roaming Consulting Company), which took place on Wednesday in London, UK, and according to 350 telecom operators worldwide and 265 leading global companies in the annual ROCCO report, Infobip was voted the absolute best in this category.

This is the third year in a row that Infobip has been ranked first place according to the ratings of mobile operators, but for the first time research was conducted in the ''Enterprise'' category, where the leading global companies from different industrial sectors evaluated A2P service providers, and Croatia's highly successful Infobip was positioned in very first place.

As of 2012, ROCCO has been conducting independent market tests for mobile service providers, network equipment, connectivity, business models and service quality. Precisely because of the unique methodology that ensures transparency and the relevance of data, ROCCO's reports are considered to be among the most important top service providers on the global telecommunications scene.

Silvio Kutić of Infobip, said that their major competitors are large companies based in the Silicon Valley, USA, but that doesn't discourage them remotely from doing great things.

"Infobip is linked to more than 600 operators around the globe, which provides us with a high level of quality of service that we provide to our customers globally. We're going to continue our business with the focus on new technical solutions," stated Kutić.

Make sure to follow our dedicated business page for more information on Croatian companies, Croatian products and services, doing business and investing in Croatia and much more.

 

Click here for the original article by Darko Bicak for Poslovni Dnevnik

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