Tuesday, 5 March 2019

Shopping in Slovenia or Croatia - Which Country Pays Off?

Croatia's infamous VAT is throwing prices around much more than one might expect at first when shopping in Lidl or Spar. Just how does your weekly shop in Croatia compare to a weekly shop in neighbouring Slovenia?

As Poslovni Dnevnik writes on the 5th of March, 2019, when taking a walk through six Slovenian and Croatian shops, it didn't take long to realise that retailers are struggling with their own branded goods, which are already sold at relatively low prices, and they could actually save well on them.

The popular Italian retail chain Eurospin, known for its discount prices, hasn't yet opened its doors in Croatia, but it can be revealed that the retail companty is indeed looking for locations for its stores across the country. It also has its own website in Croatian language on which the following has been published: "Still a little more patience ... We're coming."

A group of 24sata journalists from Croatia visited their store in Laško in neighbouring Slovenia to check if their prices really are lower than their competitors, and what prices were in comparison to the Croatian market.

They selected a basket of fourteen different products and compared then - Eurospin was cheaper than the first competitor in Slovenia by just a few lipa.

They also compared the prices in Slovenian stores with those in Croatia - some shopping baskets are very much the same, and the difference between the cheapest Slovenian product and the most expensive Croatian one is 22 kuna. However, it should be borne in mind that Slovenians have two tax rates applied when it comes to retail - 22 and 9.5 percent, and they also have a lower VAT rate (surprise, surprise) than is applied in Croatia, of 25 and 13 percent.

Eurospin appears very similar to the already popular Lidl.

When comparing the cheapest Slovenian and cheapest Croatian basket, the difference is 10.82 kuna. There were, as stated, forteen different products in the basket. When looking around on February the 25th of this year, the group of Croatian journalists visited the popular Slovenian shops including Eurospin, Lidl, Spar, and Mercator, the majority owner of which is Croatia's formerly ailing Agrokor.

They tried to find the cheapest products (flour, oil, butter...). When comparing detergents and softeners, they looked for products that were cheaper per litre, regardless of the size of the packaging, ie, whether the product volume is one, two, four litres...

Their cart showed that Eurospin was actually slightly more expensive than Croatia's beloved Lidl, at least on that day - by 2.30 kuna, Spar was cheaper by 3.60 kuna, and Mercator was cheaper by a not so insignificant 21.53 kuna.

Eurospin and Lidl have been shown to have relatively similar prices, and according to their trade concept, each reminds one of the other. Spar, which had the biggest store in Laško, had similar and sometimes identical prices as those in Eurospin. Only Mercator was considerably more expensive than the others, but their overall offer, just like at Spar, was much richer than that of Lidl and Eurospin.

The Italian discount store, just like Lidl, often only offers its own brands on it shelves, or products made by only one manufacturer - for example, only one type of oil, one type of sugar, one type of flour, etc.

The 24sata journalists compared the products purchased over in Slovenia to those in Lidl and Spar in Zagreb the following day, once again searching for the cheapest of all.

The most expensive shopping basket in Zagreb was from Lidl and it was 13.67 kuna more expensive than Eurospin in Slovenia. Let's remember, it should be taken into account that VAT in Croatia is higher certainly has a big influence over Croatian prices. The cheapest basket was from Spar in Zagreb, but when compared to Eurospin in Slovenia, it was still more expensive - by 8.52 kuna.

Make sure to stay up to date by following our dedicated business page.

 

Click here for the original article by Ivancica Ladisic and Katarina Dimitrijevic Hrnjkas for 24sata

Thursday, 8 November 2018

Wages in Velika Gorica Exceed Average Zagreb Wage

Velika Gorica lies just outside of the Croatian capital of Zagreb, and while you might think very little of this town when passing through, which is the only thing most people actually do, things aren't always as they seem, economically speaking, anyway.

While it's true that most people from Velika Gorica earning their money in nearby Zagreb, it would appears that net salaries are, on average, higher than they are in the heart of the capital city.

As Poslovni Dnevnik writes on the 8th of November, 2018, over recent months, Velika Gorica has been mentioned in the media mostly because of the brilliant results of their football team, but after some likely surprising data published by the Financial Agency (FINA) there are more reasons for satisfaction in that otherwise all but entirely overlooked town.

Namely, Velika Gorica comes first in the whole of the Republic of Croatia when it comes to the average salaries of workers and their respective productivity. Net salaries are on average higher than the average salaries in both Zagreb and Rijeka, two large cities, reports RTL.

As previously stated, most people living in Velika Gorica earn their wages in Zagreb, but the close proximity of the country's capital city, the close proximity of Zagreb's Franjo Tudjman International Airport, and the apparently quick administration are some huge advantages for this town, which boasts more than sixty thousand permanent inhabitants. The Lidl chain, which is recording enviable traffic in billions of kuna, also has its headquarters here, and the arrival of the well-respected and very powerful Atlantic Group has also been recently announced.

In addition, as RTL reports, Croatian Post (Hrvatska Pošta) will also have its headquarters and logistics center in Velika Gorica. Croatian Post justified this move with the fact that this location is a strategically important place for the continued development and the improving of shipment processes, as Velika Gorica is very close to the Franjo Tudjman Airport, not far from the Zagreb - Sisak motorway, and the Zagreb - Velika Gorica fast road.

Make sure to keep up to date with our business page for more information like this.

Thursday, 12 July 2018

Domestic Produce All The More Popular, Big Chances for Small Producers

Retail chains have been pointing out the more than promising growth of Croatian products.

Tuesday, 1 May 2018

Lidl Croatia Achieves Income of Four Billion Kuna

Good news for Lidl!

Wednesday, 20 December 2017

'Tis the Season for...Shopping! Here's a Look at Where You Can Shop in Dalmatia During the Holidays

Last minute Christmas shoppers in Dalmatia, this one is for you.

Sunday, 1 October 2017

Brilliant Response to Being Mocked: Proud to be Lidlić

Being called a Lidlić in reference to the budget store Lidl, could be taken as a negative or…

Friday, 18 August 2017

List of Top 10 Companies in Croatia Published: Ina First, Lidl Jumps Ahead 100 Places

Fina published a list of top 10 companies in Croatia

Tuesday, 11 July 2017

Taste of the Adriatic: Lidl promotes Croatian products in Ireland

A taste of the Adriatic... in Ireland?

Saturday, 5 November 2016

Domestic Producers Find their Place on Lidl Shelves

Supermarket chain Lidl presented the project "Flavors of your homeland" at the farm of Zlatko Vinković in Belica yesterday. This new project allows domestic producers of fruits and vegetables to sell their products on the shelves of Lidl stores throughout Croatia.

Friday, 21 October 2016

Croatian Products to Lidl Shelves Across Europe

Featured brand of Croatian products ‘Croamore’ intended for placement into foreign markets through Lidl, reports Ja Trgovac.

Search